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 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NOURATEX from Lokeren, company number BE0428698230, closed financial year 2025 with a result of € 3,289 after tax. For that financial year NOURATEX recorded a gross margin of € 155,430 and equity of € 162,807. Compared with financial year 2024, the result moved from € 1,136 to € 3,289. Profitable, and profit is growing. 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 August 26, 2026.
€ 162,807
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,289
▲ 189% vs 2024
Profit after tax over the fiscal year.
€ 7,059
▲ 60% 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 € 134,807.
People and assets in 2025
2.4
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 139,392
▲ 48% vs 2024
€ 58,100 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.
€ 32,504
▲ € 30,884 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 255,911
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 39,268
▲ 63% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 227,928 | € 116,773 | € 101,212 | € 155,430 | ▲ 54% |
| Profit after taxes | € 53,405 | € -7,120 | € 1,136 | € 3,289 | ▲ 189% |
| Equity | € 165,502 | € 158,383 | € 159,519 | € 162,807 | ▲ 2% |
| Total debts | € 424,958 | € 427,475 | € 390,726 | € 295,416 | ▼ 24% |
| Cash | € 252,917 | € 13,418 | € 4,406 | € 7,059 | ▲ 60% |
| Retained profit | € 137,502 | € 130,383 | € 131,519 | € 134,807 | ▲ 3% |
| Dividend | € 62,252 | € 0 | € 0 | € 0 | |
| Bank debt | € 0 | € 21 | € 0 | € 0 | |
| Balance sheet total | € 590,460 | € 585,857 | € 550,245 | € 458,223 | ▼ 17% |
| Employees (FTE) | 3.6 | 2.2 | 2 | 2.4 | ▲ 0.4 |
Key figures of NOURATEX, 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 NOURATEX?
What happened at NOURATEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,289 (▲ 189% vs 2024). filed late Source: NBB ↗
- Mohamed Saad Massini became a director. NBB
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 53,405 profit in 2022 to € 3,289 profit in 2025.
Paid € 22,109 in corporate taxes since 2022.
Best year ever: 2022, with € 53,405 profit.
On average € 64,800 of value added per employee in 2025.
Management
Behind NOURATEX is Mohamed Saad Massini.
Directors
According to the 2025 annual accounts
Mohamed Saad Massini
Director
since 2004
Establishments
Establishment units
Physical locations of this company
Rechtstraat 367
9160 Lokeren
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Domain
Domain
nouratex-secondhandclothes.com
Registered
2010-04-26
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-04-26
Website info
Features
Security
Details
- Company number
- 0428.698.230
- VAT number
- BE 0428.698.230
- Registered office
- Rechtstraat 367, 9160 Lokeren
- Names & denominations
- NOURATEX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 April 1986
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- nouratex-secondhandclothes.com
- Activities · NACE
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