NINAPA is a market trader in Wavre. Public Limited, started on 10 April 1981, 1 establishment.

What is the address of NINAPA?

The registered office of NINAPA is located at Rue d'Angoussart 40, 1301 Wavre.

Is NINAPA still active?

Yes. According to the CBE (29 October 2026) NINAPA is active, legal situation “Normale toestand”, started on 10 April 1981.

Is NINAPA registered on Peppol?

Yes, NINAPA is registered on the Peppol network with ID 0208:0421504194.

What is the enterprise number of NINAPA?

The enterprise number of NINAPA is BE0421504194.

When was NINAPA founded?

NINAPA was founded on 10 April 1981.

Who are the directors of NINAPA?

According to the 2025 annual accounts, the directors of NINAPA are: NICOLAS MOORKENS.

Is NINAPA a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 April 1981; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did NINAPA make in 2025?

NINAPA posted a profit after taxes of € 15,698 in financial year 2025.

What is the revenue of NINAPA?

As a small company, NINAPA is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 439,836.

How much does an employee at NINAPA earn?

The average wage cost per full-time employee at NINAPA was € 81,100 in 2025: staff costs of € 162,218 for 2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does NINAPA have?

According to the 2025 annual accounts, NINAPA has 2 full-time equivalents (FTE).

Does NINAPA have a website?

Yes, NINAPA has a website at madretierra.be.

NINAPA (Public Limited) - Wavre - BE0421504194

Dossier NINAPA, printed on 29 October 2026 from databakkes.be/en/0421504194/ninapa. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

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

Shrinking team NBB

FTE fell two years in a row, from 2.6 to 2.

Financials

Financial year 2025

NINAPA from Wavre, company number BE0421504194, closed financial year 2025 with a result of € 15,698 after tax. For that financial year NINAPA recorded a gross margin of € 439,836 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 99,225 to € 15,698. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.

What it is worth Growing

€ 1.1 million

▲ 1% vs 2024

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

Profit Healthy

€ 15,698

▼ 84% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 122,714

▼ 57% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1 million.

People and assets in 2025

Full-time equivalents

▼ 0.4 vs 2024

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

Wage cost

€ 162,218

▲ 4% vs 2024

€ 81,100 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.

Debts at end 2025

Bank debt ≈ 13 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3.5 million

▼ 11% vs 2024

€ 262,576 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.

Owed to suppliers

€ 135,791

▲ 150% vs 2024

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

Taxes and wages

€ 20,515

▼ 9% 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	€ 1,100,455 Revenue 2022: € 1,100,455 First fiscal year in the series	€ 403,892 Revenue 2023: € 403,892 ▼ 63% vs 2022 (€ 1,100,455) Unfavourable step	-	-
Gross margin	-	-	€ 515,814 Gross margin 2024: € 515,814 First fiscal year in the series	€ 439,836 Gross margin 2025: € 439,836 ▼ 15% vs 2024 (€ 515,814) Unfavourable step	▼ 15%
Profit after taxes	€ 132,655 Profit after taxes 2022: € 132,655 First fiscal year in the series	€ 160,037 Profit after taxes 2023: € 160,037 ▲ 21% vs 2022 (€ 132,655) Favourable step	€ 99,225 Profit after taxes 2024: € 99,225 ▼ 38% vs 2023 (€ 160,037) Unfavourable step	€ 15,698 Profit after taxes 2025: € 15,698 ▼ 84% vs 2024 (€ 99,225) Unfavourable step	▼ 84%
Equity	€ 839,786 Equity 2022: € 839,786 First fiscal year in the series	€ 999,822 Equity 2023: € 999,822 ▲ 19% vs 2022 (€ 839,786) Favourable step	€ 1,099,048 Equity 2024: € 1,099,048 ▲ 10% vs 2023 (€ 999,822) Favourable step	€ 1,114,745 Equity 2025: € 1,114,745 ▲ 1% vs 2024 (€ 1,099,048) Favourable step	▲ 1%
Total debts	€ 5,494,738 Total debts 2022: € 5,494,738 First fiscal year in the series	€ 4,845,849 Total debts 2023: € 4,845,849 ▼ 12% vs 2022 (€ 5,494,738) Favourable step	€ 4,040,512 Total debts 2024: € 4,040,512 ▼ 17% vs 2023 (€ 4,845,849) Favourable step	€ 3,700,479 Total debts 2025: € 3,700,479 ▼ 8% vs 2024 (€ 4,040,512) Favourable step	▼ 8%
Cash	€ 1,070,321 Cash 2022: € 1,070,321 First fiscal year in the series	€ 535,948 Cash 2023: € 535,948 ▼ 50% vs 2022 (€ 1,070,321) Unfavourable step	€ 282,980 Cash 2024: € 282,980 ▼ 47% vs 2023 (€ 535,948) Unfavourable step	€ 122,714 Cash 2025: € 122,714 ▼ 57% vs 2024 (€ 282,980) Unfavourable step	▼ 57%
Land & buildings	€ 4,996,344 Land & buildings 2022: € 4,996,344 First fiscal year in the series	€ 4,831,756 Land & buildings 2023: € 4,831,756 ▼ 3% vs 2022 (€ 4,996,344) Unchanged	€ 4,672,278 Land & buildings 2024: € 4,672,278 ▼ 3% vs 2023 (€ 4,831,756) Unchanged	€ 4,512,799 Land & buildings 2025: € 4,512,799 ▼ 3% vs 2024 (€ 4,672,278) Unchanged	▼ 3%
Retained profit	€ 728,233 Retained profit 2022: € 728,233 First fiscal year in the series	€ 888,270 Retained profit 2023: € 888,270 ▲ 22% vs 2022 (€ 728,233) Favourable step	€ 987,496 Retained profit 2024: € 987,496 ▲ 11% vs 2023 (€ 888,270) Favourable step	€ 1,003,193 Retained profit 2025: € 1,003,193 ▲ 2% vs 2024 (€ 987,496) Favourable step	▲ 2%
Bank debt	€ 5,348,832 Bank debt 2022: € 5,348,832 First fiscal year in the series	€ 4,721,110 Bank debt 2023: € 4,721,110 ▼ 12% vs 2022 (€ 5,348,832) Favourable step	€ 3,963,540 Bank debt 2024: € 3,963,540 ▼ 16% vs 2023 (€ 4,721,110) Favourable step	€ 3,544,172 Bank debt 2025: € 3,544,172 ▼ 11% vs 2024 (€ 3,963,540) Favourable step	▼ 11%
Balance sheet total	€ 7,032,420 Balance sheet total 2022: € 7,032,420 First fiscal year in the series	€ 6,516,312 Balance sheet total 2023: € 6,516,312 ▼ 7% vs 2022 (€ 7,032,420) Unchanged	€ 5,782,914 Balance sheet total 2024: € 5,782,914 ▼ 11% vs 2023 (€ 6,516,312) Unchanged	€ 5,384,109 Balance sheet total 2025: € 5,384,109 ▼ 7% vs 2024 (€ 5,782,914) Unchanged	▼ 7%
Employees (FTE)	3.8 Employees (FTE) 2022: 3.8 First fiscal year in the series	2.6 Employees (FTE) 2023: 2.6 ▼ 1.2 vs 2022 (3.8) Unchanged	2.4 Employees (FTE) 2024: 2.4 ▼ 0.2 vs 2023 (2.6) Unchanged	2 Employees (FTE) 2025: 2 ▼ 0.4 vs 2024 (2.4) Unchanged	▼ 0.4

Key figures of NINAPA, 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 NINAPA?

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

Jul 2, 2026 New annual accounts for financial year 2025: profit of € 15,698 (▼ 84% vs 2024). Source: NBB ↗
May 1, 1981 New establishment in Herent. KBO
Apr 10, 1981 Start of the company according to the CBE. KBO

In short

From € 132,655 profit in 2022 to € 15,698 profit in 2025.

Paid € 1,675 in corporate taxes since 2022.

Best year ever: 2023, with € 160,037 profit.

On average € 219,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Automobile Business Services 100%

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

NINAPA

Behind NINAPA is NICOLAS MOORKENS. The shares are held by Automobile Business Services (100%).

Directors

According to the 2025 annual accounts

NICOLAS MOORKENS

Director

Also active at: AUTOSTAD GROEP, Moteo Two Wheels Europe, AUTOSTAD HAACHT, NICAPHIS, Automobile Business Services, HAGO INVEST, AUTOSTAD USED CARS

Shareholders

Automobile Business Services

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue d'Angoussart 40

1301 Wavre

2.018.736.284

Brusselsesteenweg 3

3020 Herent

Active since 1 May 1981

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 →

Automobile Business Services same network

€ 160,159 gross margin · 2025

AUTOSTAD USED CARS same network

€ 129,751 gross margin · 2024

CAMOO

€ 80,803 gross margin · 2025

MCDA INVEST

€ -12,936 gross margin · 2025

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

Website

HTTPS madretierra.be

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HTTPS Ja

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Details

Company number

0421.504.194

VAT number

BE 0421.504.194

Registered office

Rue d'Angoussart 40, 1301 Wavre

Names & denominations

NINAPA

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

10 April 1981

Peppol

Active · Active since 1 Jan 2001

Contact

madretierra.be

Activities · NACE

Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)

Detailhandel in motorvoertuigen

Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)

View on CBE Public ↗ Annual accounts (NBB) ↗

NINAPA

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Financials

What happened to NINAPA?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions