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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Shrinking team NBB
FTE fell two years in a row, from 36.5 to 32.3.
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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
NOF METAL COATINGS EUROPE from Grobbendonk, company number BE0437952228, closed financial year 2025 with a result of € 253,204 after tax. For that financial year NOF METAL COATINGS EUROPE recorded revenue of € 23.2 million and equity of € 7.8 million. Compared with financial year 2024, the result moved from € 118,288 to € 253,204. 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 May 19, 2026.
€ 7.8 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 253,204
▲ 114% vs 2024
Profit after tax over the fiscal year.
€ 869,879
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5.3 million.
People and assets in 2025
32.3
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.5 million
▼ 17% vs 2024
€ 77,600 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.
€ 3,176
▼ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.1 million
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 38 days on average.
€ 281,707
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 24,699,203 | € 25,325,932 | € 23,720,867 | € 23,227,457 | ▼ 2% |
| Profit after taxes | € 189,412 | € 158,737 | € 118,288 | € 253,204 | ▲ 114% |
| Equity | € 7,533,530 | € 7,579,605 | € 7,601,418 | € 7,760,581 | ▲ 2% |
| Total debts | € 4,319,422 | € 4,202,016 | € 2,541,308 | € 2,554,853 | ▲ 1% |
| Cash | € 30,847 | € 382,484 | € 849,222 | € 869,879 | ▲ 2% |
| Land & buildings | € 845,126 | € 980,363 | € 896,409 | € 814,394 | ▼ 9% |
| Retained profit | € 5,033,530 | € 5,079,605 | € 5,101,418 | € 5,260,581 | ▲ 3% |
| Bank debt | € 1,000,000 | € 1,500,000 | € 0 | € 0 | |
| Balance sheet total | € 11,852,952 | € 11,781,621 | € 10,471,685 | € 10,315,434 | ▼ 1% |
| Employees (FTE) | 38 | 36.5 | 33.5 | 32.3 | ▼ 1.2 |
Key figures of NOF METAL COATINGS EUROPE, 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 NOF METAL COATINGS EUROPE?
What happened at NOF METAL COATINGS EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Steven Kerveillant stepped down as director. NBB
- Vincent Le Berre stepped down as director. NBB
- BV Turrensis stepped down as director. NBB
- Nicolas Jacquinet stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 253,204 (▲ 114% vs 2024). Source: NBB ↗
- Steven Kerveillant became a director. NBB
- Vincent Le Berre became a director. NBB
- BV Turrensis became a director. NBB
In short
From € 189,412 profit in 2022 to € 253,204 profit in 2025.
Paid € 310,324 in corporate taxes since 2022.
Best year ever: 2025, with € 253,204 profit.
Pays suppliers within 38 days on average.
A new publication or filing at NOF METAL COATINGS EUROPE? 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 NOF Metal Coatings Europe SA (100%).
Directors
According to the 2025 annual accounts
Steven Kerveillant
Director
since 2025 · until 2028
Vincent Le Berre
Director
since 2025 · until 2028
Director · represented by Carl Toremans
since 2025 · until 2028
Nicolas Jacquinet
Director
since 2025 · until 2028
Shareholders
NOF Metal Coatings Europe SA
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bouwelven 1
2280 Grobbendonk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.952.228
- VAT number
- BE 0437.952.228
- Registered office
- Bouwelven 1, 2280 Grobbendonk
- Names & denominations
- NOF METAL COATINGS EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 August 1989
- Peppol
- Not registered
- Activities · NACE
Vervaardiging van verf, vernis ed, drukinkt en mastiek
Vervaardiging van verf, vernis e.d., drukinkt en mastiek