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 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NAQI from Halen, company number BE0428898564, closed financial year 2025 with a result of € -12,551 after tax. For that financial year NAQI recorded a gross margin of € 514,987 and equity of € 106,161. Compared with financial year 2024, the result moved from € 35,809 to € -12,551. The company made a loss. 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 August 31, 2026.
€ 106,161
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,551
▼ still € 35,809 profit in 2024
Profit after tax over the fiscal year.
€ 25,269
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 44,161.
People and assets in 2025
6.3
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 356,589
▲ 1% vs 2024
€ 56,600 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.
€ 24,959
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 996,758
▼ 2% vs 2024
€ 123,536 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 75,279
▲ 217% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 63,794
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 282,156 | € 427,651 | € 551,697 | € 514,987 | ▼ 7% |
| Profit after taxes | € -25,440 | € 11,210 | € 35,809 | € -12,551 | ▼ € 48,360 |
| Equity | € 222,078 | € 82,903 | € 118,712 | € 106,161 | ▼ 11% |
| Total debts | € 996,605 | € 1,252,633 | € 1,131,638 | € 1,142,490 | ▲ 1% |
| Cash | € 151 | € 246 | € 0 | € 25,269 | |
| Land & buildings | € 96,989 | € 93,675 | € 82,931 | € 71,556 | ▼ 14% |
| Retained profit | € 160,078 | € 20,903 | € 56,712 | € 44,161 | ▼ 22% |
| Dividend | € 0 | € 150,384 | € 0 | € 0 | |
| Bank debt | € 783,918 | € 1,024,235 | € 1,016,882 | € 996,758 | ▼ 2% |
| Balance sheet total | € 1,218,683 | € 1,335,536 | € 1,250,351 | € 1,248,651 | |
| Employees (FTE) | 4.6 | 5.7 | 6.1 | 6.3 | ▲ 0.2 |
Key figures of NAQI, 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 NAQI?
What happened at NAQI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Katrien Geyskens stepped down as director. NBB
- Nik Geyskens stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 12,551 (▼ € 48,360 vs 2024). filed late Source: NBB ↗
- Katrien Geyskens became a director. NBB
- Nik Geyskens became a director. NBB
- New establishment in Halen. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,440 loss in 2022 to € 12,551 loss in 2025.
Paid € 25,953 in corporate taxes since 2022.
Best year ever: 2024, with € 35,809 profit.
On average € 81,700 of value added per employee in 2025.
Management
The stake of Business and Consulting Geyskens comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NAQIThe shares are held by Business and Consulting Geyskens (100%). It owns 26.8% of Naqi Belgium itself.
Directors
According to the 2025 annual accounts
since 2025 · until 2030
since 2025 · until 2030
Shareholders
Participations
26.8%
Establishments
Establishment units
Physical locations of this company
Stadsbeemd 1037
3545 Halen
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
Microsoft 365
Hosting
WIX_COM, IL
Domain
Domain
naqi.com
Registered
1998-12-24
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-12-24
Website info
Features
Security
Details
- Company number
- 0428.898.564
- VAT number
- BE 0428.898.564
- Registered office
- Stadsbeemd 1037, 3545 Halen
- Names & denominations
- NAQI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 May 1986
- Peppol
- Active · Active since 28 Jul 2025
- Contact
- naqi.com +32 13 460 190
- Activities · NACE
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