Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Jo. Nicolai en Co. from Sint-Truiden, company number BE0408326844, closed financial year 2025 with a result of € -14,220 after tax. For that financial year Jo. Nicolai en Co. recorded a gross margin of € 2,666 and equity of € 237,516. Compared with financial year 2024, the result moved from € -14,303 to € -14,220. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 18, 2025.
€ 237,516
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,220
▲ 1 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,281
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -193,199.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,336 | € -255 | € 2,528 | € 2,666 | ▲ 5% |
| Profit after taxes | € -14,341 | € -16,964 | € -14,303 | € -14,220 | ▲ € 83 |
| Equity | € 283,003 | € 266,039 | € 251,736 | € 237,516 | ▼ 6% |
| Total debts | € 69,743 | € 69,743 | € 70,277 | € 69,743 | ▼ 1% |
| Cash | € 14,759 | € 8,729 | € 5,589 | € 1,281 | ▼ 77% |
| Land & buildings | € 312,714 | € 297,372 | € 282,029 | € 266,687 | ▼ 5% |
| Retained profit | € -147,712 | € -164,676 | € -178,979 | € -193,199 | ▼ € 14,220 |
| Balance sheet total | € 352,746 | € 335,782 | € 322,012 | € 307,259 | ▼ 5% |
Key figures of Jo. Nicolai en Co., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 November 2026.
What happened to Jo. Nicolai en Co.?
What happened at Jo. Nicolai en Co. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Thomas De Smedt stepped down as director. NBB
- Julie De Smedt stepped down as director. NBB
- Laurent De Smedt stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 14,220. Source: NBB ↗
- Thomas De Smedt became a director. NBB
- Julie De Smedt became a director. NBB
- Laurent De Smedt became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 14,341 loss in 2022 to € 14,220 loss in 2025.
A new publication or filing at Jo. Nicolai en Co.? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Thomas De Smedt
Director
since 2022 · until 2028
Julie De Smedt
Director
since 2022 · until 2028
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Gorsem-Dorp 51
3803 Sint-Truiden
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0408.326.844
- VAT number
- BE 0408.326.844
- Registered office
- Gorsem-Dorp 51, 3803 Sint-Truiden
- Names & denominations
- Jo. Nicolai en Co.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 May 1971
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Overige zakelijke dienstverlening, neg