NIPACO is a heating and ventilation installer in Oudenaarde. Private Limited, started on 15 November 1974, 1 establishment.

What is the address of NIPACO?

The registered office of NIPACO is located at Industriepark "De Bruwaan" 59, 9700 Oudenaarde.

Is NIPACO still active?

Yes. According to the CBE (29 October 2026) NIPACO is active, legal situation “Normale toestand”, started on 15 November 1974.

Is NIPACO registered on Peppol?

Yes, NIPACO is registered on the Peppol network with ID 0208:0414706474.

What is the enterprise number of NIPACO?

The enterprise number of NIPACO is BE0414706474.

When was NIPACO founded?

NIPACO was founded on 15 November 1974.

Is NIPACO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 November 1974; 4 annual accounts filed, latest fiscal year 2024.

How much profit did NIPACO make in 2024?

NIPACO posted a profit after taxes of € 40,725 in financial year 2024.

What is the revenue of NIPACO?

In its most recent annual accounts (2024), NIPACO reported revenue of € 558,393.

How much does an employee at NIPACO earn?

The average wage cost per full-time employee at NIPACO was € 25,400 in 2024: staff costs of € 25,403 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does NIPACO have?

According to the 2024 annual accounts, NIPACO has 1 full-time equivalents (FTE).

Does NIPACO have a website?

Yes, NIPACO has a website at nipaco.net.

NIPACO (Private Limited) - Oudenaarde - BE0414706474

Dossier NIPACO, printed on 29 October 2026 from databakkes.be/en/0414706474/nipaco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2024

NIPACO from Oudenaarde, company number BE0414706474, closed financial year 2024 with a result of € 40,725 after tax. For that financial year NIPACO recorded revenue of € 558,393 and equity of € 1.9 million. Compared with financial year 2023, the result moved from € -27,343 to € 40,725. 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 December 23, 2025.

What it is worth Growing

€ 1.9 million

▲ 2% vs 2023

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

Profit Growing

€ 40,725

▲ still € 27,343 loss in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 633,558

▲ 112% vs 2023

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

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 1.9 million.

People and assets in 2024

Full-time equivalents

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

Wage cost

€ 25,403

▼ 2% vs 2023

€ 25,400 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

€ 22,200

▼ 26% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 6,879

▲ 52% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 4,114

▲ 15% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Revenue	€ 901,890 Revenue 2021: € 901,890 First fiscal year in the series	€ 897,231 Revenue 2022: € 897,231 ▼ 1% vs 2021 (€ 901,890) Unfavourable step	€ 657,214 Revenue 2023: € 657,214 ▼ 27% vs 2022 (€ 897,231) Unfavourable step	€ 558,393 Revenue 2024: € 558,393 ▼ 15% vs 2023 (€ 657,214) Unfavourable step	▼ 15%
Gross margin	€ 291,929 Gross margin 2021: € 291,929 First fiscal year in the series	€ 236,785 Gross margin 2022: € 236,785 ▼ 19% vs 2021 (€ 291,929) Unfavourable step	€ 165,623 Gross margin 2023: € 165,623 ▼ 30% vs 2022 (€ 236,785) Unfavourable step	€ 134,010 Gross margin 2024: € 134,010 ▼ 19% vs 2023 (€ 165,623) Unfavourable step	▼ 19%
Profit after taxes	€ 154,503 Profit after taxes 2021: € 154,503 First fiscal year in the series	€ 140,914 Profit after taxes 2022: € 140,914 ▼ 9% vs 2021 (€ 154,503) Unfavourable step	€ -27,343 Profit after taxes 2023: € -27,343 ▼ € 168,257 vs 2022 (€ 140,914) Unfavourable step	€ 40,725 Profit after taxes 2024: € 40,725 ▲ € 68,068 vs 2023 (€ -27,343) Favourable step	▲ € 68,068
Equity	€ 1,794,355 Equity 2021: € 1,794,355 First fiscal year in the series	€ 1,935,269 Equity 2022: € 1,935,269 ▲ 8% vs 2021 (€ 1,794,355) Favourable step	€ 1,907,926 Equity 2023: € 1,907,926 ▼ 1% vs 2022 (€ 1,935,269) Unfavourable step	€ 1,948,651 Equity 2024: € 1,948,651 ▲ 2% vs 2023 (€ 1,907,926) Favourable step	▲ 2%
Total debts	€ 119,010 Total debts 2021: € 119,010 First fiscal year in the series	€ 3,342 Total debts 2022: € 3,342 ▼ 97% vs 2021 (€ 119,010) Favourable step	€ 8,347 Total debts 2023: € 8,347 ▲ 150% vs 2022 (€ 3,342) Unfavourable step	€ 10,993 Total debts 2024: € 10,993 ▲ 32% vs 2023 (€ 8,347) Unfavourable step	▲ 32%
Cash	€ 492,470 Cash 2021: € 492,470 First fiscal year in the series	€ 651,615 Cash 2022: € 651,615 ▲ 32% vs 2021 (€ 492,470) Favourable step	€ 299,422 Cash 2023: € 299,422 ▼ 54% vs 2022 (€ 651,615) Unfavourable step	€ 633,558 Cash 2024: € 633,558 ▲ 112% vs 2023 (€ 299,422) Favourable step	▲ 112%
Land & buildings	€ 301,775 Land & buildings 2021: € 301,775 First fiscal year in the series	€ 294,125 Land & buildings 2022: € 294,125 ▼ 3% vs 2021 (€ 301,775) Unchanged	€ 276,324 Land & buildings 2023: € 276,324 ▼ 6% vs 2022 (€ 294,125) Unchanged	€ 259,408 Land & buildings 2024: € 259,408 ▼ 6% vs 2023 (€ 276,324) Unchanged	▼ 6%
Retained profit	€ 1,775,763 Retained profit 2021: € 1,775,763 First fiscal year in the series	€ 1,916,677 Retained profit 2022: € 1,916,677 ▲ 8% vs 2021 (€ 1,775,763) Favourable step	€ 1,889,334 Retained profit 2023: € 1,889,334 ▼ 1% vs 2022 (€ 1,916,677) Unfavourable step	€ 1,930,059 Retained profit 2024: € 1,930,059 ▲ 2% vs 2023 (€ 1,889,334) Favourable step	▲ 2%
Bank debt	€ 59,167 Bank debt 2021: € 59,167 First fiscal year in the series	€ 0 Bank debt 2022: € 0 ▼ 100% vs 2021 (€ 59,167) Favourable step	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 1,913,365 Balance sheet total 2021: € 1,913,365 First fiscal year in the series	€ 1,938,611 Balance sheet total 2022: € 1,938,611 ▲ 1% vs 2021 (€ 1,913,365) Unchanged	€ 1,916,273 Balance sheet total 2023: € 1,916,273 ▼ 1% vs 2022 (€ 1,938,611) Unchanged	€ 1,959,644 Balance sheet total 2024: € 1,959,644 ▲ 2% vs 2023 (€ 1,916,273) Unchanged	▲ 2%
Employees (FTE)	-	-	1 Employees (FTE) 2023: 1 First fiscal year in the series	1 Employees (FTE) 2024: 1 Unchanged (1) Unchanged

Key figures of NIPACO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to NIPACO?

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

Dec 23, 2025 New annual accounts for financial year 2024: profit of € 40,725. filed late Source: NBB ↗
Feb 5, 2003 New establishment in Oudenaarde. KBO
Nov 15, 1974 Start of the company according to the CBE. KBO

In short

From € 154,503 profit in 2021 to € 40,725 profit in 2024.

Paid € 275,989 in corporate taxes since 2021.

Best year ever: 2021, with € 154,503 profit.

On average € 134,000 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Industriepark "De Bruwaan" 59

9700 Oudenaarde

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

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

Website

HTTP nipaco.net

Canonical: https://www.batirad.be

Technologies

Advanced Custom FieldsLodashPWAReactWixlazysizes

Hosting & Email

Email provider

Self-hosted

Hosting

COMBELL-AS, BE

Domain

nipaco.net

Registered

2004-07-20

Registrar

Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA

Expires

2026-07-20

Website info

HTTPS Nee

Languages NL

Features

Webshop

Security

✗ HTTPS

✓ SPF

✗ DMARC

Details

Company number

0414.706.474

VAT number

BE 0414.706.474

Registered office

Industriepark "De Bruwaan" 59, 9700 Oudenaarde

Names & denominations

NIPACO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

15 November 1974

Peppol

Active · Active since 1 Jan 2001

Contact

nipaco.net 055 21 41 51

Activities · NACE

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur

View on CBE Public ↗ Annual accounts (NBB) ↗