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 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NICAPHIS from Elsene, company number BE0432774804, closed financial year 2025 with a result of € 6.4 million after tax. For that financial year NICAPHIS recorded a gross margin of € 1.2 million and equity of € 53.3 million. Compared with financial year 2024, the result moved from € 5.1 million to € 6.4 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 December 23, 2025.
€ 53.3 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.4 million
▲ 26% vs 2024
Profit after tax over the fiscal year.
€ 1.4 million
▲ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2 million paid out
31 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 285,527
▼ 27% vs 2024
Of which on lease € 274,379.
Debts at end 2025
€ 6.7 million
▲ 128% vs 2024
€ 407,105 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 46,094
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 719,616
▼ 8% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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 | |
|---|---|---|---|---|---|
| Gross margin | € 1,513,725 | € 1,672,348 | € 3,931,340 | € 1,206,786 | ▼ 69% |
| Profit after taxes | € 2,275,177 | € 4,248,572 | € 5,072,598 | € 6,392,262 | ▲ 26% |
| Equity | € 44,285,836 | € 45,170,663 | € 48,893,261 | € 53,273,473 | ▲ 9% |
| Total debts | € 5,433,033 | € 7,650,366 | € 5,605,709 | € 9,509,156 | ▲ 70% |
| Cash | € 4,747,462 | € 1,649,157 | € 1,130,161 | € 1,400,188 | ▲ 24% |
| Land & buildings | € 13,915,075 | € 13,280,915 | € 11,180,106 | € 14,765,312 | ▲ 32% |
| Retained profit | € 36,008,058 | € 38,670,663 | € 42,393,261 | € 46,773,473 | ▲ 10% |
| Dividend | € 1,098,283 | € 1,585,968 | € 1,350,000 | € 2,012,049 | ▲ 49% |
| Bank debt | € 3,414,994 | € 3,176,625 | € 2,935,241 | € 6,683,664 | ▲ 128% |
| Balance sheet total | € 51,278,866 | € 54,293,603 | € 56,422,203 | € 64,607,850 | ▲ 15% |
Key figures of NICAPHIS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to NICAPHIS?
What happened at NICAPHIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philippe Moorkens stepped down as director. NBB
- Nicolas Moorkens stepped down as director. NBB
- Danièle Van Meerbeeck stepped down as director. NBB
- Jean-Albert Moorkens stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6.4 million (▲ 26% vs 2024). Source: NBB ↗
- Philippe Moorkens became a director. NBB
- Nicolas Moorkens became a director. NBB
- Danièle Van Meerbeeck became a director. NBB
In short
From € 2.3 million profit in 2022 to € 6.4 million profit in 2025.
Paid € 2.9 million in corporate taxes since 2022.
Best year ever: 2025, with € 6.4 million profit.
Paid out € 6 million in dividends to the owners in total.
A new publication or filing at NICAPHIS? We notify you, reason included.
Follow NICAPHISDatabakkes 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
It owns 60% of Neologic, 50% of Tecno Space Group, 18.3% of Alcopa and 13.7% of Standaard Uitgeverij itself.
Directors
According to the 2025 annual accounts
Philippe Moorkens
Director
Also active at: FIVE, OFFICENTER VILVOORDE, Grand Tour, ANTENOR AUCTION, Mama Suky, NEOLOGIC, CETERIS PARIBUS MANAGEMENT
since 2023 · until 2029
Nicolas Moorkens
Director
Also active at: AUTOSTAD GROEP, NINAPA, Moteo Two Wheels Europe, AUTOSTAD HAACHT, Automobile Business Services, HAGO INVEST, AUTOSTAD USED CARS
since 2023 · until 2029
Danièle Van Meerbeeck
Director
since 2023 · until 2029
Jean-Albert Moorkens
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Louizalaan 551
1050 Elsene
Vlaamsesteenweg 98
1000 Brussel
Active since 29 June 1988
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0432.774.804
- VAT number
- BE 0432.774.804
- Registered office
- Louizalaan 551, 1050 Elsene
- Names & denominations
- NICAPHIS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 December 1987
- Peppol
- Active · Active since 27 Mar 2025
- Activities · NACE
Markt- en opinieonderzoek
Marktonderzoekbureaus
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Groothandel in elektrisch materiaal inclusief installatiemateriaal