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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
NIVADMIN from Nivelles, company number BE0427593321, closed financial year 2025 with a result of € 5,912 after tax. For that financial year NIVADMIN recorded a gross margin of € 74,600 and equity of € -757,273. Compared with financial year 2024, the result moved from € 13,418 to € 5,912. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 20, 2026.
€ -757,273
▲ € 5,912 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,912
▼ 56% vs 2024
Profit after tax over the fiscal year.
€ 2,173
▼ 61% 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 € -908,488.
Debts at end 2025
€ 1.5 million
▼ 4% vs 2024
€ 92,950 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 10,030
▲ 164% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 95,210 | € 74,646 | € 80,176 | € 74,600 | ▼ 7% |
| Profit after taxes | € 39,001 | € 380 | € 13,418 | € 5,912 | ▼ 56% |
| Equity | € -776,983 | € -776,603 | € -763,185 | € -757,273 | ▲ € 5,912 |
| Total debts | € 1,225,584 | € 1,605,666 | € 1,549,099 | € 1,486,799 | ▼ 4% |
| Cash | € 15,511 | € 30,354 | € 5,591 | € 2,173 | ▼ 61% |
| Land & buildings | € 432,981 | € 779,684 | € 696,202 | € 643,234 | ▼ 8% |
| Retained profit | € -928,198 | € -927,818 | € -914,400 | € -908,488 | ▲ € 5,912 |
| Bank debt | € 1,216,434 | € 1,563,687 | € 1,545,294 | € 1,476,769 | ▼ 4% |
| Balance sheet total | € 448,601 | € 829,063 | € 785,913 | € 729,526 | ▼ 7% |
Key figures of NIVADMIN, 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 NIVADMIN?
What happened at NIVADMIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,912 (▼ 56% vs 2024). filed late Source: NBB ↗
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,001 profit in 2022 to € 5,912 profit in 2025.
Best year ever: 2022, with € 39,001 profit.
Management
Behind NIVADMIN is Michel MAHIEU.
Directors
According to the 2025 annual accounts
Michel MAHIEU
Managing director
Establishments
Establishment units
Physical locations of this company
Place Emile-de-Lalieux 38
1400 Nivelles
Avenue Général-Jacques 2
1400 Nivelles
Active since 16 July 1985
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0427.593.321
- VAT number
- BE 0427.593.321
- Registered office
- Place Emile-de-Lalieux 38, 1400 Nivelles
- Names & denominations
- NIVADMIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 1985
- Peppol
- Not registered