What does NIAGARA do?

NIAGARA is a wholesaler in Aartselaar. Private Limited, started on 23 February 1988, 1 establishment.

What is the address of NIAGARA?

The registered office of NIAGARA is located at Oeyvaersbosch 20-22, 2630 Aartselaar.

Is NIAGARA still active?

Yes. According to the CBE (29 October 2026) NIAGARA is active, legal situation “Normale toestand”, started on 23 February 1988.

Is NIAGARA registered on Peppol?

Yes, NIAGARA is registered on the Peppol network with ID 0208:0433502502.

What is the enterprise number of NIAGARA?

The enterprise number of NIAGARA is BE0433502502.

When was NIAGARA founded?

NIAGARA was founded on 23 February 1988.

Who are the directors of NIAGARA?

According to the 2025 annual accounts, the directors of NIAGARA are: PACE BV, Paul SR Celis.

Is NIAGARA a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 February 1988; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did NIAGARA make in 2025?

NIAGARA posted a profit after taxes of € 119,018 in financial year 2025.

What is the revenue of NIAGARA?

As a small company, NIAGARA is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 688,102.

How much does an employee at NIAGARA earn?

The average wage cost per full-time employee at NIAGARA was € 45,400 in 2025: staff costs of € 381,293 for 8.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does NIAGARA have?

According to the 2025 annual accounts, NIAGARA has 8.4 full-time equivalents (FTE).

NIAGARA (Private Limited) - Aartselaar - BE0433502502

Dossier NIAGARA, printed on 29 October 2026 from databakkes.be/en/0433502502/niagara. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

NIAGARA from Aartselaar, company number BE0433502502, closed financial year 2025 with a result of € 119,018 after tax. For that financial year NIAGARA recorded a gross margin of € 688,102 and equity of € 770,417. Compared with financial year 2024, the result moved from € 138,997 to € 119,018. The company is profitable. 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 29, 2025.

What it is worth Growing

€ 770,417

▲ 18% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 119,018

▼ 14% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 565,459

▲ 31% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 677,458.

People and assets in 2025

Full-time equivalents

8.4

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 381,293

▲ 44% vs 2024

€ 45,400 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.

Vehicles and equipment

€ 61,582

▲ 41% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 645,796

▼ 29% vs 2024

€ 86,277 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 123,940

▲ 60% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 79,782

▲ 48% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 495,082 Gross margin 2022: € 495,082 First fiscal year in the series	€ 518,198 Gross margin 2023: € 518,198 ▲ 5% vs 2022 (€ 495,082) Favourable step	€ 625,674 Gross margin 2024: € 625,674 ▲ 21% vs 2023 (€ 518,198) Favourable step	€ 688,102 Gross margin 2025: € 688,102 ▲ 10% vs 2024 (€ 625,674) Favourable step	▲ 10%
Profit after taxes	€ 84,042 Profit after taxes 2022: € 84,042 First fiscal year in the series	€ 113,155 Profit after taxes 2023: € 113,155 ▲ 35% vs 2022 (€ 84,042) Favourable step	€ 138,997 Profit after taxes 2024: € 138,997 ▲ 23% vs 2023 (€ 113,155) Favourable step	€ 119,018 Profit after taxes 2025: € 119,018 ▼ 14% vs 2024 (€ 138,997) Unfavourable step	▼ 14%
Equity	€ 399,247 Equity 2022: € 399,247 First fiscal year in the series	€ 512,402 Equity 2023: € 512,402 ▲ 28% vs 2022 (€ 399,247) Favourable step	€ 651,399 Equity 2024: € 651,399 ▲ 27% vs 2023 (€ 512,402) Favourable step	€ 770,417 Equity 2025: € 770,417 ▲ 18% vs 2024 (€ 651,399) Favourable step	▲ 18%
Total debts	€ 1,318,483 Total debts 2022: € 1,318,483 First fiscal year in the series	€ 1,160,753 Total debts 2023: € 1,160,753 ▼ 12% vs 2022 (€ 1,318,483) Favourable step	€ 1,053,402 Total debts 2024: € 1,053,402 ▼ 9% vs 2023 (€ 1,160,753) Favourable step	€ 860,810 Total debts 2025: € 860,810 ▼ 18% vs 2024 (€ 1,053,402) Favourable step	▼ 18%
Cash	€ 265,857 Cash 2022: € 265,857 First fiscal year in the series	€ 317,973 Cash 2023: € 317,973 ▲ 20% vs 2022 (€ 265,857) Favourable step	€ 430,898 Cash 2024: € 430,898 ▲ 36% vs 2023 (€ 317,973) Favourable step	€ 565,459 Cash 2025: € 565,459 ▲ 31% vs 2024 (€ 430,898) Favourable step	▲ 31%
Land & buildings	€ 310,325 Land & buildings 2022: € 310,325 First fiscal year in the series	€ 304,295 Land & buildings 2023: € 304,295 ▼ 2% vs 2022 (€ 310,325) Unchanged	€ 298,266 Land & buildings 2024: € 298,266 ▼ 2% vs 2023 (€ 304,295) Unchanged	€ 0 Land & buildings 2025: € 0 ▼ 100% vs 2024 (€ 298,266) Unchanged	▼ 100%
Retained profit	€ 306,288 Retained profit 2022: € 306,288 First fiscal year in the series	€ 419,443 Retained profit 2023: € 419,443 ▲ 37% vs 2022 (€ 306,288) Favourable step	€ 558,440 Retained profit 2024: € 558,440 ▲ 33% vs 2023 (€ 419,443) Favourable step	€ 677,458 Retained profit 2025: € 677,458 ▲ 21% vs 2024 (€ 558,440) Favourable step	▲ 21%
Bank debt	€ 1,111,709 Bank debt 2022: € 1,111,709 First fiscal year in the series	€ 1,011,927 Bank debt 2023: € 1,011,927 ▼ 9% vs 2022 (€ 1,111,709) Favourable step	€ 911,785 Bank debt 2024: € 911,785 ▼ 10% vs 2023 (€ 1,011,927) Favourable step	€ 645,796 Bank debt 2025: € 645,796 ▼ 29% vs 2024 (€ 911,785) Favourable step	▼ 29%
Balance sheet total	€ 1,717,730 Balance sheet total 2022: € 1,717,730 First fiscal year in the series	€ 1,673,155 Balance sheet total 2023: € 1,673,155 ▼ 3% vs 2022 (€ 1,717,730) Unchanged	€ 1,704,801 Balance sheet total 2024: € 1,704,801 ▲ 2% vs 2023 (€ 1,673,155) Unchanged	€ 1,631,227 Balance sheet total 2025: € 1,631,227 ▼ 4% vs 2024 (€ 1,704,801) Unchanged	▼ 4%
Employees (FTE)	4.8 Employees (FTE) 2022: 4.8 First fiscal year in the series	5.5 Employees (FTE) 2023: 5.5 ▲ 0.7 vs 2022 (4.8) Unchanged	0 Employees (FTE) 2024: 0 ▼ 5.5 vs 2023 (5.5) Unchanged	8.4 Employees (FTE) 2025: 8.4 Unchanged (0) Unchanged

Key figures of NIAGARA, 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 December 2026.

What happened to NIAGARA?

What happened at NIAGARA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Dec 29, 2025 New annual accounts for financial year 2025: profit of € 119,018 (▼ 14% vs 2024). Source: NBB ↗
2022 PACE BV became a director. NBB
2005 Paul SR Celis became a director. NBB
Nov 23, 1999 New establishment in Aartselaar. KBO
Feb 23, 1988 Start of the company according to the CBE. KBO

In short

From € 84,042 profit in 2022 to € 119,018 profit in 2025.

Paid € 193,959 in corporate taxes since 2022.

Best year ever: 2024, with € 138,997 profit.

On average € 81,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

PACE 32%

The stake of PACE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

NIAGARA

Behind NIAGARA are PACE BV and Paul SR Celis. The shares are held by PACE (32%).

Directors

According to the 2025 annual accounts

PACE BV

Director · represented by Paul JR Celis

since 2022

Paul SR Celis

Director

since 2005

Shareholders

PACE

32%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Oeyvaersbosch 20-22

2630 Aartselaar

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0433.502.502

VAT number

BE 0433.502.502

Registered office

Oeyvaersbosch 20-22, 2630 Aartselaar

Names & denominations

NIAGARA

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

23 February 1988

Peppol

Active · Active since 20 Nov 2020

Activities · NACE

Groothandel in verlichtingsapparatuur

Detailhandel in verlichtingsartikelen

Detailhandel in artikelen voor verlichting en woninginrichting

Detailhandel in verlichtingsartikelen in gespecialiseerde winkels

Overige bouwinstallatie

Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg

Algemene elektrotechnische installatiewerken

Overige gespecialiseerde bouwactiviteiten, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

NIAGARA

Financials

What happened to NIAGARA?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions