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 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NAYARIT PARTICIPATIONS from Vorst, company number BE0427879569, closed financial year 2025 with a result of € -9.8 million after tax. For that financial year NAYARIT PARTICIPATIONS recorded revenue of € 550,342 and equity of € 1.8 billion. Compared with financial year 2024, the result moved from € 1.4 billion to € -9.8 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 1, 2026.
€ 1.8 billion
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9.8 million
▼ still € 1.4 billion profit in 2024
Profit after tax over the fiscal year.
€ 2.8 million
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.2 billion.
People and assets in 2025
9.1
Average over the fiscal year, from the social balance sheet.
€ 804,361
€ 88,400 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.
€ 140,135
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 31.6 million
▼ 15% vs 2024
€ 8.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 981,580
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 78 days on average.
€ 203,669
▼ 43% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 376,909 | € 416,713 | € 532,740 | € 550,342 | ▲ 3% |
| Profit after taxes | € 26,656,096 | € 34,968,571 | € 1,379,319,485 | € -9,784,277 | ▼ € 1.4 billion |
| Equity | € 387,064,920 | € 417,063,139 | € 1,856,612,681 | € 1,792,218,228 | ▼ 3% |
| Total debts | € 60,026,500 | € 60,770,119 | € 76,391,842 | € 55,023,407 | ▼ 28% |
| Cash | € 13,934,569 | € 14,635,897 | € 34,032,965 | € 2,839,722 | ▼ 92% |
| Land & buildings | € 23,977,576 | € 27,290,025 | € 27,724,446 | € 21,200,894 | ▼ 24% |
| Retained profit | € 191,398,957 | € 221,397,176 | € 1,589,696,718 | € 1,203,107,333 | ▼ 24% |
| Dividend | € 8,000,000 | € 4,970,352 | € 11,019,943 | € 22,110,000 | ▲ 101% |
| Bank debt | € 34,869,163 | € 42,338,989 | € 37,112,795 | € 31,600,984 | ▼ 15% |
| Balance sheet total | € 447,091,421 | € 477,833,259 | € 1,933,004,524 | € 1,847,792,252 | ▼ 4% |
| Employees (FTE) | - | - | - | 9.1 |
Key figures of NAYARIT PARTICIPATIONS, 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 NAYARIT PARTICIPATIONS?
What happened at NAYARIT PARTICIPATIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Minerva SoGeCo SRL stepped down as director. NBB
- UTICA Consulting SRL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 9.8 million (▼ € 1.4 billion vs 2024). Source: NBB ↗
- UTICA Consulting SRL became a director. NBB
- Minerva SoGeCo SRL became a director. NBB
- New establishment in Vorst. KBO
- Start of the company according to the CBE. KBO
In short
From € 26.7 million profit in 2022 to € 9.8 million loss in 2025.
Paid € 31,100 in corporate taxes since 2022.
Best year ever: 2024, with € 1.4 billion profit.
Paid out € 46.1 million in dividends to the owners in total.
A new publication or filing at NAYARIT PARTICIPATIONS? We notify you, reason included.
Follow NAYARIT PARTICIPATIONSDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Tepic Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NAYARIT PARTICIPATIONSThe shares are held by ARROYO (100%) and Tepic Invest (97.4%). It owns 100% of D'Ieteren Group. and 100% of Copan Properties itself.
Directors
According to the 2025 annual accounts
Director · represented by Jacques DRÈZE
Also active at: Toelen Cats Dupont Koevoets group
since 2025 · until 2027
Managing director · represented by Frédéric DE VUYST
Also active at: American Chamber of Commerce in Belgium, TVH Global
since 2025 · until 2031
Shareholders
ARROYO
100%
97.4%
Participations
100%
100%
Establishments
Establishment units
Physical locations of this company
Molièrelaan 116
1190 Vorst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0427.879.569
- VAT number
- BE 0427.879.569
- Registered office
- Molièrelaan 116, 1190 Vorst
- Names & denominations
- NAYARIT PARTICIPATIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 September 1985
- Peppol
- Active · Active since 14 Nov 2025
- Activities · NACE
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering