Financials
Financial year 2025
NIGEN from Schilde, company number BE0425690735, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year NIGEN recorded a gross margin of € 1.9 million and equity of € 38.7 million. Compared with financial year 2024, the result moved from € 221,999 to € 1.4 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 August 28, 2026.
€ 38.7 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▲ € 1.2 million vs 2024
Profit after tax over the fiscal year.
€ 4.3 million
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 27.3 million.
People and assets in 2025
1.3
Average over the fiscal year, from the social balance sheet.
€ 57,434
▲ 10% vs 2024
€ 44,200 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.
€ 24,499
▼ 58% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 9 million
▼ 1% vs 2024
€ 306,529 is repaid this year. At this pace the long-term loan is gone in ≈ 29 years.
€ 182,164
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 161,758
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,566,329 | € 202,013 | € 776,899 | € 1,940,534 | ▲ 150% |
| Profit after taxes | € 437,622 | € 113,574 | € 221,999 | € 1,438,262 | ▲ € 1.2 million |
| Equity | € 37,092,373 | € 37,056,628 | € 37,278,627 | € 38,716,888 | ▲ 4% |
| Total debts | € 8,748,583 | € 9,039,574 | € 11,568,037 | € 10,702,603 | ▼ 7% |
| Cash | € 3,945,842 | € 7,726,305 | € 5,943,533 | € 4,323,562 | ▼ 27% |
| Land & buildings | € 7,813,874 | € 7,919,469 | € 9,753,509 | € 11,802,971 | ▲ 21% |
| Retained profit | € 25,686,165 | € 25,650,420 | € 25,872,419 | € 27,310,680 | ▲ 6% |
| Dividend | € 30,000 | € 30,000 | € 0 | € 0 | |
| Bank debt | € 7,469,114 | € 7,524,645 | € 9,108,231 | € 8,980,099 | ▼ 1% |
| Balance sheet total | € 46,408,970 | € 46,646,370 | € 49,378,987 | € 50,063,451 | ▲ 1% |
| Employees (FTE) | 1.3 | 1.3 | 1.3 | 1.3 |
Key figures of NIGEN, 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 NIGEN?
What happened at NIGEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Dirk MERTENS stepped down as director. NBB
- Ann SEGHERS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.4 million (▲ € 1.2 million vs 2024). filed late Source: NBB ↗
- Jonas MERTENS became a director. NBB
- Dirk MERTENS became a director. NBB
- Ann SEGHERS became a director. NBB
- New establishment in Schilde. KBO
- Start of the company according to the CBE. KBO
In short
From € 437,622 profit in 2022 to € 1.4 million profit in 2025.
Paid € 307,547 in corporate taxes since 2022.
Best year ever: 2025, with € 1.4 million profit.
On average € 1.5 million of value added per employee in 2025.
Management
Behind NIGEN is Jonas MERTENS. It owns 100% of Purcell Investments, 99.9% of Main d'Or (In vereffening), 50% of Luso Belga, 50% of Vlaams Asfaltbedrijf Huyghe en Compagnie, 20% of High 5 Investments and 17% of 7RC itself.
Directors
According to the 2025 annual accounts
Jonas MERTENS
Director
since 2025
Dirk MERTENS
Managing director
Also active at: Algemene Parketwerken Brussel, MAIN D'OR, Vlaams Asfaltbedrijf Huyghe en Cie, ETION Synergia, RODEKRUISPLEIN, CPAINT, Premier Development Fund, Nieuw-Land +15 more
since 2024 · until 2030
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Mastendreef 21
2970 Schilde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.690.735
- VAT number
- BE 0425.690.735
- Registered office
- Mastendreef 21, 2970 Schilde
- Names & denominations
- NIGEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 March 1984
- Peppol
- Active · Active since 4 Feb 2025
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