NIEN is a bakery shop in Aalst. Private Limited, started on 7 August 1985, 1 establishment.

What is the address of NIEN?

The registered office of NIEN is located at Nieuwstraat 40, 9300 Aalst.

Is NIEN still active?

Yes. According to the CBE (30 October 2026) NIEN is active, legal situation “Normale toestand”, started on 7 August 1985.

Is NIEN registered on Peppol?

Yes, NIEN is registered on the Peppol network with ID 0208:0427560657.

What is the enterprise number of NIEN?

The enterprise number of NIEN is BE0427560657.

When was NIEN founded?

NIEN was founded on 7 August 1985.

Who are the directors of NIEN?

According to the 2025 annual accounts, the directors of NIEN are: Luc Vermeire, Kristine Bonne.

Is NIEN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 August 1985; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did NIEN make in 2025?

NIEN posted a profit after taxes of € 51,289 in financial year 2025.

What is the revenue of NIEN?

As a small company, NIEN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 154,517.

NIEN (Private Limited) - Aalst - BE0427560657

Dossier NIEN, printed on 30 October 2026 from databakkes.be/en/0427560657/nien. 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.

Tight liquidity NBB

Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

NIEN from Aalst, company number BE0427560657, closed financial year 2025 with a result of € 51,289 after tax. For that financial year NIEN recorded a gross margin of € 154,517 and equity of € 19,366. Compared with financial year 2024, the result moved from € 49,180 to € 51,289. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.

What it is worth Healthy

€ 19,366

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

Profit Growing

€ 51,289

▲ 4% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 134,852

▲ 11% vs 2024

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

Where the profit goes Pays out

€ 51,289 paid out

100 % of the profit went to the shareholders, mostly to LV BAKE OFF SERVICE (100 % of the shares). That is where the money ends up.

People and assets in 2025

Wage cost

€ 56,880

▲ 7% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 28,642

▲ 267% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 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.

€ 25,098

▲ € 19,485 vs 2024

€ 5,634 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 115,932

▲ 74% vs 2024

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

Taxes and wages

€ 19,349

▼ 11% 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
Gross margin	€ 106,688 Gross margin 2022: € 106,688 First fiscal year in the series	€ 134,872 Gross margin 2023: € 134,872 ▲ 26% vs 2022 (€ 106,688) Favourable step	€ 138,995 Gross margin 2024: € 138,995 ▲ 3% vs 2023 (€ 134,872) Favourable step	€ 154,517 Gross margin 2025: € 154,517 ▲ 11% vs 2024 (€ 138,995) Favourable step	▲ 11%
Profit after taxes	€ 18,104 Profit after taxes 2022: € 18,104 First fiscal year in the series	€ 45,525 Profit after taxes 2023: € 45,525 ▲ 151% vs 2022 (€ 18,104) Favourable step	€ 49,180 Profit after taxes 2024: € 49,180 ▲ 8% vs 2023 (€ 45,525) Favourable step	€ 51,289 Profit after taxes 2025: € 51,289 ▲ 4% vs 2024 (€ 49,180) Favourable step	▲ 4%
Equity	€ 141,339 Equity 2022: € 141,339 First fiscal year in the series	€ 19,366 Equity 2023: € 19,366 ▼ 86% vs 2022 (€ 141,339) Unfavourable step	€ 19,366 Equity 2024: € 19,366 Unchanged (€ 19,366) Unchanged	€ 19,366 Equity 2025: € 19,366 Unchanged (€ 19,366) Unchanged
Total debts	€ 109,787 Total debts 2022: € 109,787 First fiscal year in the series	€ 262,697 Total debts 2023: € 262,697 ▲ 139% vs 2022 (€ 109,787) Unfavourable step	€ 143,004 Total debts 2024: € 143,004 ▼ 46% vs 2023 (€ 262,697) Favourable step	€ 235,849 Total debts 2025: € 235,849 ▲ 65% vs 2024 (€ 143,004) Unfavourable step	▲ 65%
Cash	€ 108,066 Cash 2022: € 108,066 First fiscal year in the series	€ 154,590 Cash 2023: € 154,590 ▲ 43% vs 2022 (€ 108,066) Favourable step	€ 121,964 Cash 2024: € 121,964 ▼ 21% vs 2023 (€ 154,590) Unfavourable step	€ 134,852 Cash 2025: € 134,852 ▲ 11% vs 2024 (€ 121,964) Favourable step	▲ 11%
Land & buildings	€ 12,095 Land & buildings 2022: € 12,095 First fiscal year in the series	€ 10,811 Land & buildings 2023: € 10,811 ▼ 11% vs 2022 (€ 12,095) Unchanged	€ 10,872 Land & buildings 2024: € 10,872 ▲ 1% vs 2023 (€ 10,811) Unchanged	€ 65,978 Land & buildings 2025: € 65,978 ▲ € 55,106 vs 2024 (€ 10,872) Unchanged	▲ € 55,106
Retained profit	€ 132,655 Retained profit 2022: € 132,655 First fiscal year in the series	€ 10,682 Retained profit 2023: € 10,682 ▼ 92% vs 2022 (€ 132,655) Unfavourable step	€ 10,682 Retained profit 2024: € 10,682 Unchanged (€ 10,682) Unchanged	€ 10,682 Retained profit 2025: € 10,682 Unchanged (€ 10,682) Unchanged
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 167,498 Dividend 2023: € 167,498 Unchanged (€ 0) Unchanged	€ 49,180 Dividend 2024: € 49,180 ▼ 71% vs 2023 (€ 167,498) Unchanged	€ 51,289 Dividend 2025: € 51,289 ▲ 4% vs 2024 (€ 49,180) Unchanged	▲ 4%
Bank debt	€ 31,423 Bank debt 2022: € 31,423 First fiscal year in the series	€ 13,156 Bank debt 2023: € 13,156 ▼ 58% vs 2022 (€ 31,423) Favourable step	€ 5,613 Bank debt 2024: € 5,613 ▼ 57% vs 2023 (€ 13,156) Favourable step	€ 25,098 Bank debt 2025: € 25,098 ▲ € 19,485 vs 2024 (€ 5,613) Unfavourable step	▲ € 19,485
Balance sheet total	€ 251,126 Balance sheet total 2022: € 251,126 First fiscal year in the series	€ 282,064 Balance sheet total 2023: € 282,064 ▲ 12% vs 2022 (€ 251,126) Unchanged	€ 162,371 Balance sheet total 2024: € 162,371 ▼ 42% vs 2023 (€ 282,064) Unchanged	€ 255,215 Balance sheet total 2025: € 255,215 ▲ 57% vs 2024 (€ 162,371) Unchanged	▲ 57%

Key figures of NIEN, 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 NIEN?

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

Jun 26, 2026 New annual accounts for financial year 2025: profit of € 51,289 (▲ 4% vs 2024). Source: NBB ↗
Aug 7, 1985 New establishment in Aalst. KBO
Aug 7, 1985 Start of the company according to the CBE. KBO

In short

From € 18,104 profit in 2022 to € 51,289 profit in 2025.

Paid € 62,265 in corporate taxes since 2022.

Best year ever: 2025, with € 51,289 profit.

Paid out € 267,968 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

LV BAKE OFF SERVICE 100%

The stake of LV BAKE OFF SERVICE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

NIEN

Behind NIEN are Luc Vermeire and Kristine Bonne. The shares are held by LV BAKE OFF SERVICE (100%).

Directors

According to the 2025 annual accounts

Luc Vermeire

Director

Also active at: LV BAKE OFF SERVICE

Kristine Bonne

Director

Shareholders

LV BAKE OFF SERVICE

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Nieuwstraat 40

9300 Aalst

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

Details

Company number

0427.560.657

VAT number

BE 0427.560.657

Registered office

Nieuwstraat 40, 9300 Aalst

Names & denominations

NIEN

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

7 August 1985

Peppol

Active · Active since 23 Oct 2025

Activities · NACE

Detailhandel in brood en banketbakkerswerk (koude bakkers)

Detailhandel in brood-, banketbakkerswerk en suikerwerk

Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk

Artisanale brood- en banketbakkerijen

Overige detailhandel in voedingsmiddelen, neg

Detailhandel in dranken, algemeen assortiment

Overige detailhandel in voedings- en genotmiddelen in gespecialiseerde winkels, n.e.g.

Detailhandel in alcoholische en andere dranken

View on CBE Public ↗ Annual accounts (NBB) ↗

NIEN

Warning lights

Financials

What happened to NIEN?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions