Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2026; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2026
Naphil from Waasmunster, company number BE0425771107, closed financial year 2026 with a result of € 164,506 after tax. For that financial year Naphil recorded a gross margin of € 440,907 and equity of € 7.2 million. Compared with financial year 2025, the result moved from € 1.4 million to € 164,506. 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 22, 2026.
€ 7.2 million
▲ 2% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 164,506
▼ 89% vs 2025
Profit after tax over the fiscal year.
€ 141,198
▼ 67% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 6 million.
Debts at end 2026
€ 2 million
▲ € 1.5 million vs 2025
€ 83,268 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 17,524
▲ 81% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 60,000
▲ 186% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 462,677 | € 534,861 | € 2,152,281 | € 440,907 | ▼ 80% |
| Profit after taxes | € 248,331 | € 283,051 | € 1,437,632 | € 164,506 | ▼ 89% |
| Equity | € 5,315,223 | € 5,598,273 | € 7,035,906 | € 7,200,412 | ▲ 2% |
| Total debts | € 4,498,016 | € 4,145,219 | € 3,620,803 | € 4,488,521 | ▲ 24% |
| Cash | € 54,531 | € 55,566 | € 422,246 | € 141,198 | ▼ 67% |
| Land & buildings | € 2,338,245 | € 2,338,245 | € 2,088,298 | € 3,957,777 | ▲ 90% |
| Retained profit | € 4,064,996 | € 4,348,047 | € 5,785,680 | € 5,950,186 | ▲ 3% |
| Bank debt | € 599,613 | € 499,613 | € 499,613 | € 2,034,416 | ▲ € 1.5 million |
| Balance sheet total | € 9,813,238 | € 9,743,492 | € 10,993,334 | € 12,016,492 | ▲ 9% |
Key figures of Naphil, fiscal years 2022 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Naphil?
What happened at Naphil in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- FRAPINA BV stepped down as director. NBB
- Nelly EECKHOUT stepped down as director. NBB
- Jan DE HAUWERE stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 164,506 (▼ 89% vs 2025). Source: NBB ↗
- FRAPINA BV became a director. NBB
- Nelly EECKHOUT became a director. NBB
- Jan DE HAUWERE became a director. NBB
- New establishment in Waasmunster. KBO
In short
From € 248,331 profit in 2022 to € 164,506 profit in 2026.
Paid € 475,855 in corporate taxes since 2022.
Best year ever: 2025, with € 1.4 million profit.
Management
Directors
According to the 2026 annual accounts
Establishments
Establishment units
Physical locations of this company
Molenstraat 59
9250 Waasmunster
Molenstraat 59 box .
9250 Waasmunster
Active since 18 January 2003
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.771.107
- VAT number
- BE 0425.771.107
- Registered office
- Molenstraat 59, 9250 Waasmunster
- Names & denominations
- Naphil
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 1983
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van holdings
Holdings