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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
NAMUR S-TATE from Ukkel, company number BE0434937607, closed financial year 2025 with a result of € -18,424 after tax. For that financial year NAMUR S-TATE recorded revenue of € 39,797 and equity of € -90,984. Compared with financial year 2024, the result moved from € -18,344 to € -18,424. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 24, 2025.
€ -90,984
▼ € 18,424 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,424
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -109,584.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 110,607
▼ 24% vs 2024
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 39,606 | € 51,119 | € 37,394 | € 39,797 | ▲ 6% |
| Gross margin | € 27,917 | € 44,362 | € 30,677 | € 32,310 | ▲ 5% |
| Profit after taxes | € -23,742 | € 189 | € -18,344 | € -18,424 | |
| Equity | € -54,405 | € -54,216 | € -72,560 | € -90,984 | ▼ € 18,424 |
| Total debts | € 527,375 | € 409,353 | € 417,443 | € 400,497 | ▼ 4% |
| Cash | - | € 12,962 | € 39,683 | - | |
| Land & buildings | € 370,747 | € 336,129 | € 301,512 | € 303,566 | ▲ 1% |
| Retained profit | € -73,005 | € -72,816 | € -91,160 | € -109,584 | ▼ € 18,424 |
| Bank debt | € 183,889 | € 143,200 | € 146,328 | € 110,607 | ▼ 24% |
| Balance sheet total | € 472,970 | € 355,137 | € 344,883 | € 309,513 | ▼ 10% |
Key figures of NAMUR S-TATE, 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 NAMUR S-TATE?
What happened at NAMUR S-TATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,424. Source: NBB ↗
- Claire Van Hoop became a director. NBB
- New establishment in Overijse. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,742 loss in 2022 to € 18,424 loss in 2025.
Best year ever: 2023, with € 189 profit.
Management
The stake of UNITING, GEPROMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NAMUR S-TATEBehind NAMUR S-TATE is Claire Van Hoop. The shares are held by UNITING (40%) and GEPROMA.
Directors
According to the 2025 annual accounts
since 2011
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hamoirlaan 12-14 box 14
1180 Ukkel
Smetslaan 28
3090 Overijse
Active since 29 August 1988
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0434.937.607
- VAT number
- BE 0434.937.607
- Registered office
- Hamoirlaan 12-14 bus 14, 1180 Ukkel
- Names & denominations
- NAMUR S-TATE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 1988
- Peppol
- Not registered