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 32 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
NIPACO INTERNATIONAL from Oudenaarde, company number BE0425997967, closed financial year 2024 with a result of € 48,666 after tax. For that financial year NIPACO INTERNATIONAL recorded revenue of € 173,401 and equity of € 830,512. Compared with financial year 2023, the result moved from € 50,221 to € 48,666. 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 December 23, 2025.
€ 830,512
▲ 6% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,666
▼ 3% vs 2023
Profit after tax over the fiscal year.
€ 537,735
▲ 3% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 768,512.
People and assets in 2024
€ 39,776
▲ 14% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 181,548
▼ 21% vs 2023
€ 53,660 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 16,749
▲ 4% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,507
▲ 99% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 176,837 | € 200,637 | € 175,251 | € 173,401 | ▼ 1% |
| Gross margin | € 127,614 | € 171,757 | € 110,782 | € 129,522 | ▲ 17% |
| Profit after taxes | € 43,526 | € 67,142 | € 50,221 | € 48,666 | ▼ 3% |
| Equity | € 664,483 | € 731,625 | € 781,846 | € 830,512 | ▲ 6% |
| Total debts | € 2,206,863 | € 2,125,363 | € 2,086,694 | € 2,023,024 | ▼ 3% |
| Cash | € 365,764 | € 406,198 | € 520,662 | € 537,735 | ▲ 3% |
| Land & buildings | € 2,441,595 | € 2,395,502 | € 2,281,832 | € 2,243,700 | ▼ 2% |
| Retained profit | € 602,483 | € 669,625 | € 719,846 | € 768,512 | ▲ 7% |
| Bank debt | € 354,945 | € 296,867 | € 230,816 | € 181,548 | ▼ 21% |
| Balance sheet total | € 2,871,346 | € 2,856,988 | € 2,868,540 | € 2,853,536 | ▼ 1% |
Key figures of NIPACO INTERNATIONAL, 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 INTERNATIONAL?
What happened at NIPACO INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 48,666 (▼ 3% vs 2023). filed late Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,526 profit in 2021 to € 48,666 profit in 2024.
Paid € 31,218 in corporate taxes since 2021.
Best year ever: 2022, with € 67,142 profit.
Establishments
Establishment units
Physical locations of this company
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.997.967
- VAT number
- BE 0425.997.967
- Registered office
- Industriepark "De Bruwaan" 59, 9700 Oudenaarde
- Names & denominations
- NIPACO INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 June 1984
- Peppol
- Active · Active since 1 Jan 2001