Financials
Financial year 2025
NOLLENS from Kruisem, company number BE0432247836, closed financial year 2025 with a result of € 13.2 million after tax. For that financial year NOLLENS recorded revenue of € 194.8 million and equity of € 34.7 million. Compared with financial year 2024, the result moved from € 9.8 million to € 13.2 million. 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 April 9, 2026.
€ 34.7 million
▲ 45% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13.2 million
▲ 35% vs 2024
Profit after tax over the fiscal year.
€ 12 million
▲ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.5 million paid out
19 % of the profit went to the shareholders, mostly to VANDIMMO (100 % of the shares). That is where the money ends up.
People and assets in 2025
71.3
▲ 2.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.3 million
▲ 4% vs 2024
€ 60,300 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.
€ 3.7 million
▲ 14% vs 2024
Of which on lease € 3.5 million.
Debts at end 2025
€ 4.9 million
▼ 3% vs 2024
€ 964,874 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 18.5 million
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 39 days on average.
€ 664,120
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 99,432,140 | € 263,370,102 | € 162,852,750 | € 194,825,065 | ▲ 20% |
| Profit after taxes | € 1,542,195 | € 12,962,234 | € 9,820,070 | € 13,234,607 | ▲ 35% |
| Equity | € 10,050,129 | € 19,102,825 | € 24,037,661 | € 34,748,030 | ▲ 45% |
| Total debts | € 11,812,653 | € 20,813,554 | € 26,062,139 | € 27,554,523 | ▲ 6% |
| Cash | € 1,639,413 | € 3,852,774 | € 8,043,505 | € 11,991,677 | ▲ 49% |
| Land & buildings | € 14,919 | € 14,919 | € 14,919 | € 14,919 | |
| Retained profit | € 9,752,129 | € 18,714,363 | € 23,534,433 | € 34,269,040 | ▲ 46% |
| Dividend | € 750,000 | € 4,000,000 | € 5,000,000 | € 2,500,000 | ▼ 50% |
| Bank debt | € 1,332,229 | € 3,982,191 | € 5,006,566 | € 4,868,945 | ▼ 3% |
| Balance sheet total | € 21,862,783 | € 39,916,379 | € 50,108,967 | € 62,310,702 | ▲ 24% |
| Employees (FTE) | 74.7 | 71.5 | 69.2 | 71.3 | ▲ 2.1 |
Key figures of NOLLENS, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to NOLLENS?
What happened at NOLLENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Dirk Nollens stepped down as director. NBB
- Vandimmo NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 13.2 million (▲ 35% vs 2024). Source: NBB ↗
- Dirk Nollens became a director. NBB
- Vandimmo NV became a director. NBB
- New establishment in Kruisem. KBO
- New establishment in Kruisem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.5 million profit in 2021 to € 13.2 million profit in 2025.
Paid € 10 million in corporate taxes since 2021.
Best year ever: 2025, with € 13.2 million profit.
Paid out € 12.3 million in dividends to the owners in total.
Management
The stake of VANDIMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NOLLENSThe shares are held by VANDIMMO (100%).
Directors
According to the 2025 annual accounts
Dirk Nollens
Managing director
since 2022 · until 2028
Managing director · represented by Bruno Nollens
Also active at: NOLLENS' TRANSPORT, WITO LOGISTICS
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industriezone(KRU) 5
9770 Kruisem
Karreweg(KRU) 147
9770 Kruisem
Active since 12 September 1988
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
- 0432.247.836
- VAT number
- BE 0432.247.836
- Registered office
- Industriezone(KRU) 5, 9770 Kruisem
- Names & denominations
- NOLLENS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 October 1987
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Verwerking en conservering van vlees van gevogelte
Productie van vers vlees van gevogelte
Groothandel in vlees van wild en van gevogelte
Vervaardiging van andere voedingsmiddelen, neg