Financials
Financial year 2025
NAPRO from Brussel, company number BE0437272139, closed financial year 2025 with a result of € 195,744 after tax. For that financial year NAPRO recorded a gross margin of € 248,625 and equity of € 409,024. Compared with financial year 2023, the result moved from € 171,463 to € 195,744. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 8, 2026.
€ 409,024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 195,744
▲ 14% vs 2023
Profit after tax over the fiscal year.
€ 9,678
▼ 97% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 195,744 paid out
100 % of the profit went to the shareholders, mostly to Pipelink SA (50 % of the shares). That is where the money ends up.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 15,225
▲ 64% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 5,777
▼ 88% vs 2023
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 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Revenue | € 241,885 | € 254,666 | - | |
| Gross margin | - | - | € 248,625 | |
| Profit after taxes | € 160,780 | € 171,463 | € 195,744 | ▲ 14% |
| Equity | € 409,024 | € 409,024 | € 409,024 | |
| Total debts | € 218,734 | € 230,062 | € 216,746 | ▼ 6% |
| Cash | € 71,517 | € 329,150 | € 9,678 | ▼ 97% |
| Retained profit | € 37,184 | € 37,184 | € 37,184 | |
| Dividend | € 160,780 | € 171,463 | € 195,744 | ▲ 14% |
| Balance sheet total | € 627,758 | € 639,086 | € 625,771 | ▼ 2% |
Key figures of NAPRO, 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 April 2027.
What happened to NAPRO?
What happened at NAPRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Rob Wattelé stepped down as director. NBB
- Joren Maetens stepped down as director. NBB
- Lieve Van Bellinghen stepped down as director. NBB
- Johan Spruyt stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 195,744 (▲ 14% vs 2023). Source: NBB ↗
- Rob Wattelé became a director. NBB
- Hakim Boutkabout stepped down as director. NBB
- Lieve Van Bellinghen became a director. NBB
In short
From € 160,780 profit in 2022 to € 195,744 profit in 2025.
Paid € 175,994 in corporate taxes since 2022.
Best year ever: 2025, with € 195,744 profit.
Paid out € 527,986 in dividends to the owners in total.
A new publication or filing at NAPRO? We notify you, reason included.
Follow NAPRODatabakkes 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
The shares are held by Pipelink SA (50%) and Air Products SA (50%).
Directors
According to the 2025 annual accounts
Michel Leyseele
Director
since 2023 · until 2025
since 2021 · until 2025
Rob Wattelé
Director
since 2025 · until 2031
Joren Maetens
Director
since 2025 · until 2031
Hakim Boutkabout
Director
since 2025 · until 2025
Lieve Van Bellinghen
Managing director
since 2025 · until 2031
since 2021 · until 2025
Johan Spruyt
Director
since 2021 · until 2027
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wetstraat 82
1040 Brussel
Wetstraat 62
1040 Brussel
Active since 26 May 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0437.272.139
- VAT number
- BE 0437.272.139
- Registered office
- Wetstraat 82, 1040 Brussel
- Names & denominations
- NAPRO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 April 1989
- Peppol
- Active · Active since 3 Mar 2026
- Activities · NACE
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen