Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NATAN from Elsene, company number BE0425123779, closed financial year 2025 with a result of € 256,496 after tax. For that financial year NATAN recorded revenue of € 17.1 million and equity of € 5.8 million. Compared with financial year 2024, the result moved from € 877,833 to € 256,496. The company is profitable. 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 September 30, 2025.
€ 5.8 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 256,496
▼ 71% vs 2024
Profit after tax over the fiscal year.
€ 622,351
▲ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 67,000 paid out
26 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
53.1
▲ 2.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.8 million
▲ 8% vs 2024
€ 71,900 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.
€ 355,694
▲ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.4 million
▲ 279% vs 2024
€ 330,928 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.7 million
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 51 days on average.
€ 698,316
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 10,119,245 | € 13,891,647 | € 16,126,434 | € 17,111,662 | ▲ 6% |
| Profit after taxes | € 45,534 | € 772,742 | € 877,833 | € 256,496 | ▼ 71% |
| Equity | € 5,029,804 | € 5,668,546 | € 5,579,379 | € 5,768,876 | ▲ 3% |
| Total debts | € 3,792,954 | € 5,174,079 | € 5,970,400 | € 6,934,514 | ▲ 16% |
| Cash | € 1,532,979 | € 1,076,677 | € 468,486 | € 622,351 | ▲ 33% |
| Retained profit | € 3,879,804 | € 4,518,546 | € 5,329,379 | € 5,518,876 | ▲ 4% |
| Dividend | € 67,000 | € 134,000 | € 67,000 | € 67,000 | |
| Bank debt | € 1,032,553 | € 692,237 | € 637,818 | € 2,415,312 | ▲ 279% |
| Balance sheet total | € 8,822,758 | € 10,842,625 | € 11,549,779 | € 12,703,390 | ▲ 10% |
| Employees (FTE) | 40.2 | 46 | 50.4 | 53.1 | ▲ 2.7 |
Key figures of NATAN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 August 2026.
What happened to NATAN?
What happened at NATAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vincent Vanderlinden stepped down as director. NBB
- Barudy Vasquez Consulting BV stepped down as director. NBB
- Edouard Vermeulen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 256,496 (▼ 71% vs 2024). filed late Source: NBB ↗
- Vincent Vanderlinden became a director. NBB
- Barudy Vasquez Consulting BV became a director. NBB
- Edouard Vermeulen became a director. NBB
- New establishment in Elsene. KBO
In short
From € 45,534 profit in 2022 to € 256,496 profit in 2025.
Paid € 349,918 in corporate taxes since 2022.
Best year ever: 2024, with € 877,833 profit.
Paid out € 335,000 in dividends to the owners in total.
A new publication or filing at NATAN? 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
Vincent Vanderlinden
Director
since 2024 · until 2030
Director · represented by Barudy VASQUEZ GLORIA
since 2024 · until 2030
Edouard Vermeulen
Managing director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Louizalaan 158
1050 Elsene
Naamsestraat 78
1000 Brussel
Active since 9 November 1987
Huidevettersstraat 44
2000 Antwerpen
Active since 4 August 1987
Kustlaan 150 A
8300 Knokke-Heist
Active since 5 October 1984
Henegouwenstraat 91
9000 Gent
Active since 14 August 2007
Jan Mahieustraat 20
8800 Roeselare
Active since 28 February 2009
Witte Patersstraat 12
1040 Etterbeek
Active since 1 January 2018
Georges Brugmannplein 6
1050 Elsene
Active since 15 November 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0425.123.779
- VAT number
- BE 0425.123.779
- Registered office
- Louizalaan 158, 1050 Elsene
- Names & denominations
- NATAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1983
- Peppol
- Active · Active since 21 Nov 2025
- Contact
- natan.be
- Activities · NACE
Confectie van bovenkleding voor heren, dames en kinderen
Vervaardiging van bovenkleding
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Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
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Groothandel in textiel