What does BOYD Nivelles do?

BOYD Nivelles is registered with the CBE as active in: Vormen en bewerken van vlakglas. Public Limited, started on 1 January 1968, 1 establishment.

What is the address of BOYD Nivelles?

The registered office of BOYD Nivelles is located at Rue du Commerce 14, 1400 Nivelles.

Is BOYD Nivelles still active?

Yes. According to the CBE (30 October 2026) BOYD Nivelles is active, legal situation “Normale toestand”, started on 1 January 1968.

Is BOYD Nivelles registered on Peppol?

Yes, BOYD Nivelles is registered on the Peppol network with ID 0208:0403066771.

What is the enterprise number of BOYD Nivelles?

The enterprise number of BOYD Nivelles is BE0403066771.

When was BOYD Nivelles founded?

BOYD Nivelles was founded on 1 January 1968.

Who are the directors of BOYD Nivelles?

According to the 2025 annual accounts, the directors of BOYD Nivelles are: LAGUSSE SRL, ERIK STRUIK.

Is BOYD Nivelles a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1968; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did BOYD Nivelles make in 2025?

BOYD Nivelles posted a profit after taxes of € 2,226,083 in financial year 2025.

What is the revenue of BOYD Nivelles?

In its most recent annual accounts (2025), BOYD Nivelles reported revenue of € 13,941,703.

How much does an employee at BOYD Nivelles earn?

The average wage cost per full-time employee at BOYD Nivelles was € 75,400 in 2025: staff costs of € 3 million for 40 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does BOYD Nivelles have?

According to the 2025 annual accounts, BOYD Nivelles has 40 full-time equivalents (FTE).

BOYD Nivelles (Public Limited) - Nivelles - BE0403066771

Dossier BOYD Nivelles, printed on 30 October 2026 from databakkes.be/en/0403066771/boyd-nivelles. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Figures corrected NBB

Corrected annual account filed for 2022.

Financials

Financial year 2025

BOYD Nivelles from Nivelles, company number BE0403066771, closed financial year 2025 with a result of € 2.2 million after tax. For that financial year BOYD Nivelles recorded revenue of € 13.9 million and equity of € 5.8 million. Compared with financial year 2024, the result moved from € 1.9 million to € 2.2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.

What it is worth Growing

€ 5.8 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 2.2 million

▲ 20% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.4 million

▲ 62% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 2.2 million paid out

100 % of the profit went to the shareholders, mostly to MASSIN (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

▼ 1.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 2.1 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 3 million

▲ 8% vs 2024

€ 75,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 201,242

▲ 14% vs 2024

Of which on lease € 88,882.

Debts at end 2025

Bank debt

€ 6,938

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 864,208

▲ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.

Taxes and wages

€ 475,496

▲ 24% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 13,252,219 Revenue 2022: € 13,252,219 First fiscal year in the series	€ 14,809,587 Revenue 2023: € 14,809,587 ▲ 12% vs 2022 (€ 13,252,219) Favourable step	€ 13,698,416 Revenue 2024: € 13,698,416 ▼ 8% vs 2023 (€ 14,809,587) Unfavourable step	€ 13,941,703 Revenue 2025: € 13,941,703 ▲ 2% vs 2024 (€ 13,698,416) Favourable step	▲ 2%
Profit after taxes	€ 2,183,016 Profit after taxes 2022: € 2,183,016 First fiscal year in the series	€ 2,023,073 Profit after taxes 2023: € 2,023,073 ▼ 7% vs 2022 (€ 2,183,016) Unfavourable step	€ 1,852,090 Profit after taxes 2024: € 1,852,090 ▼ 8% vs 2023 (€ 2,023,073) Unfavourable step	€ 2,226,083 Profit after taxes 2025: € 2,226,083 ▲ 20% vs 2024 (€ 1,852,090) Favourable step	▲ 20%
Equity	€ 5,692,659 Equity 2022: € 5,692,659 First fiscal year in the series	€ 5,709,800 Equity 2023: € 5,709,800 Unchanged (€ 5,692,659) Favourable step	€ 5,846,371 Equity 2024: € 5,846,371 ▲ 2% vs 2023 (€ 5,709,800) Favourable step	€ 5,848,338 Equity 2025: € 5,848,338 Unchanged (€ 5,846,371) Favourable step
Total debts	€ 2,577,590 Total debts 2022: € 2,577,590 First fiscal year in the series	€ 4,438,461 Total debts 2023: € 4,438,461 ▲ 72% vs 2022 (€ 2,577,590) Unfavourable step	€ 4,304,879 Total debts 2024: € 4,304,879 ▼ 3% vs 2023 (€ 4,438,461) Favourable step	€ 3,418,543 Total debts 2025: € 3,418,543 ▼ 21% vs 2024 (€ 4,304,879) Favourable step	▼ 21%
Cash	€ 420,988 Cash 2022: € 420,988 First fiscal year in the series	€ 946,865 Cash 2023: € 946,865 ▲ 125% vs 2022 (€ 420,988) Favourable step	€ 1,461,249 Cash 2024: € 1,461,249 ▲ 54% vs 2023 (€ 946,865) Favourable step	€ 2,364,123 Cash 2025: € 2,364,123 ▲ 62% vs 2024 (€ 1,461,249) Favourable step	▲ 62%
Land & buildings	€ 1,499,071 Land & buildings 2022: € 1,499,071 First fiscal year in the series	€ 1,589,327 Land & buildings 2023: € 1,589,327 ▲ 6% vs 2022 (€ 1,499,071) Unchanged	€ 1,772,271 Land & buildings 2024: € 1,772,271 ▲ 12% vs 2023 (€ 1,589,327) Unchanged	€ 1,630,506 Land & buildings 2025: € 1,630,506 ▼ 8% vs 2024 (€ 1,772,271) Unchanged	▼ 8%
Retained profit	€ 5,377,043 Retained profit 2022: € 5,377,043 First fiscal year in the series	€ 5,400,116 Retained profit 2023: € 5,400,116 Unchanged (€ 5,377,043) Favourable step	€ 5,542,206 Retained profit 2024: € 5,542,206 ▲ 3% vs 2023 (€ 5,400,116) Favourable step	€ 5,548,289 Retained profit 2025: € 5,548,289 Unchanged (€ 5,542,206) Favourable step
Dividend	€ 600,000 Dividend 2022: € 600,000 First fiscal year in the series	€ 2,000,000 Dividend 2023: € 2,000,000 ▲ 233% vs 2022 (€ 600,000) Unchanged	€ 1,710,000 Dividend 2024: € 1,710,000 ▼ 14% vs 2023 (€ 2,000,000) Unchanged	€ 2,220,000 Dividend 2025: € 2,220,000 ▲ 30% vs 2024 (€ 1,710,000) Unchanged	▲ 30%
Bank debt	€ 734,810 Bank debt 2022: € 734,810 First fiscal year in the series	€ 257,791 Bank debt 2023: € 257,791 ▼ 65% vs 2022 (€ 734,810) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 257,791) Favourable step	€ 6,938 Bank debt 2025: € 6,938 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 8,270,249 Balance sheet total 2022: € 8,270,249 First fiscal year in the series	€ 10,148,262 Balance sheet total 2023: € 10,148,262 ▲ 23% vs 2022 (€ 8,270,249) Unchanged	€ 10,151,251 Balance sheet total 2024: € 10,151,251 Unchanged (€ 10,148,262) Unchanged	€ 9,266,881 Balance sheet total 2025: € 9,266,881 ▼ 9% vs 2024 (€ 10,151,251) Unchanged	▼ 9%
Employees (FTE)	40.4 Employees (FTE) 2022: 40.4 First fiscal year in the series	41.2 Employees (FTE) 2023: 41.2 ▲ 0.8 vs 2022 (40.4) Unchanged	41.9 Employees (FTE) 2024: 41.9 ▲ 0.7 vs 2023 (41.2) Unchanged	40 Employees (FTE) 2025: 40 ▼ 1.9 vs 2024 (41.9) Unchanged	▼ 1.9

Key figures of BOYD Nivelles, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to BOYD Nivelles?

What happened at BOYD Nivelles in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2027 ERIK STRUIK stepped down as director. NBB
2027 LAGUSSE SRL stepped down as director. NBB
Jun 10, 2026 New annual accounts for financial year 2025: profit of € 2.2 million (▲ 20% vs 2024). Source: NBB ↗
2023 LAGUSSE SRL became a director. NBB
2021 ERIK STRUIK became a director. NBB
Aug 1, 1980 New establishment in Nivelles. KBO
Jan 1, 1968 Start of the company according to the CBE. KBO

In short

From € 2.2 million profit in 2022 to € 2.2 million profit in 2025.

Paid € 2.9 million in corporate taxes since 2022.

Best year ever: 2025, with € 2.2 million profit.

Paid out € 6.5 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

MASSIN 100%

The stake of MASSIN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

BOYD Nivelles

SERMA ELECTROMECANIQUE COMPOSITES 100%

The shares are held by MASSIN (100%). It owns 100% of SERMA ELECTROMECANIQUE COMPOSITES itself.

Directors

According to the 2025 annual accounts

LAGUSSE SRL

Managing director · represented by Hugues Callens

Also active at: LINEAIRE COIFFURE, Grando-Massin Holding

since 2023 · until 2027

ERIK STRUIK

Director

since 2021 · until 2027

Shareholders

MASSIN

100%

Participations

SERMA ELECTROMECANIQUE COMPOSITES

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Rue du Commerce 14

1400 Nivelles

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

MASSIN same network

€ 1,213 gross margin · 2025

Grando-Massin Holding same network

€ 328,019 revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0403.066.771

VAT number

BE 0403.066.771

Registered office

Rue du Commerce 14, 1400 Nivelles

Names & denominations

BOYD Nivelles

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 January 1968

Peppol

Active · Active since 25 Nov 2025

Activities · NACE

Vormen en bewerken van vlakglas

Vervaardiging van overige producten van rubber

Vervaardiging van andere producten van rubber

Vervaardiging van andere producten van kunststof

View on CBE Public ↗ Annual accounts (NBB) ↗

BOYD Nivelles

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Financials

What happened to BOYD Nivelles?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions