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 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NEP BELGIUM from Londerzeel, company number BE0436482083, closed financial year 2025 with a result of € -269,383 after tax. For that financial year NEP BELGIUM recorded revenue of € 20.8 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 83,984 to € -269,383. 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 April 17, 2026.
€ 1.5 million
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -269,383
▼ still € 83,984 profit in 2024
Profit after tax over the fiscal year.
€ 70,679
▲ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.1 million.
People and assets in 2025
71.3
▼ 7.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.3 million
▼ 4% vs 2024
€ 87,800 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.
€ 375,782
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
Loans from banks and other lenders, long and short.
€ 3 million
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 74 days on average.
€ 1.3 million
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 18,814,945 | € 21,475,909 | € 23,115,513 | € 20,752,770 | ▼ 10% |
| Profit after taxes | € 25,697 | € -90,471 | € 83,984 | € -269,383 | ▼ € 353,366 |
| Equity | € 1,811,628 | € 1,721,157 | € 1,805,141 | € 1,535,758 | ▼ 15% |
| Total debts | € 16,123,010 | € 15,632,036 | € 14,953,948 | € 14,601,968 | ▼ 2% |
| Cash | € 52,595 | € 84,798 | € 60,297 | € 70,679 | ▲ 17% |
| Land & buildings | € 753,755 | € 666,570 | € 611,582 | € 684,901 | ▲ 12% |
| Retained profit | € -1,811,215 | € -1,901,685 | € -1,817,702 | € -2,087,085 | ▼ € 269,383 |
| Bank debt | € 1,295,525 | € 1,306,375 | € 1,292,355 | € 1,293,753 | |
| Balance sheet total | € 17,934,638 | € 17,353,193 | € 16,759,088 | € 16,137,726 | ▼ 4% |
| Employees (FTE) | 75.2 | 76.7 | 78.7 | 71.3 | ▼ 7.4 |
Key figures of NEP BELGIUM, 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 NEP BELGIUM?
What happened at NEP BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Maarten Swinnen stepped down as director. NBB
- Lise Heidal stepped down as director. NBB
- Dean Michael Naccarato stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 269,383 (▼ € 353,366 vs 2024). Source: NBB ↗
- Martin James Churm stepped down as director. NBB
- Martin James Churm became a director. NBB
- Lise Heidal became a director. NBB
- Dean Michael Naccarato became a director. NBB
In short
From € 25,697 profit in 2022 to € 269,383 loss in 2025.
Paid € 41,585 in corporate taxes since 2022.
Best year ever: 2024, with € 83,984 profit.
Pays suppliers within 74 days on average.
A new publication or filing at NEP BELGIUM? We notify you, reason included.
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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
The shares are held by NEP Sweden AB (100%) and NEP/NCP Holdco Inc. (0%).
Directors
According to the 2025 annual accounts
Maarten Swinnen
Managing director
since 2016 · until 2028
Martin James Churm
Director
since 2024 · until 2026
Lise Heidal
Director
since 2024 · until 2028
Dean Michael Naccarato
Director
since 2020 · until 2028
Shareholders
NEP Sweden AB
100%
NEP/NCP Holdco Inc.
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 17
1840 Londerzeel
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
- 0436.482.083
- VAT number
- BE 0436.482.083
- Registered office
- Nijverheidsstraat 17, 1840 Londerzeel
- Names & denominations
- NEP BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 January 1989
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Productie van televisieprogramma's
Gespecialiseerde beeld-, verlichtings- en geluidstechnieken
Productie van bioscoopfilms
Niet-gespecialiseerde groothandel
Activiteiten in verband met films en video- en televisieprogramma’s na de productie
Diensten verwant aan de filmproductie