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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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
NICOSIA FRERES from Ukkel, company number BE0440063561, closed financial year 2025 with a result of € -28,490 after tax. For that financial year NICOSIA FRERES recorded a gross margin of € -8,286 and equity of € 8,742. Compared with financial year 2024, the result moved from € 2,629 to € -28,490. The company made a loss. The buffer shrank hard: equity is 77 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 27, 2026.
€ 8,742
▼ 77% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,490
▼ still € 2,629 profit in 2024
Profit after tax over the fiscal year.
€ 3,835
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -11,424.
People and assets in 2025
€ 13,506
▼ 54% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 23,746
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,849
▲ 128% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 189,777 | - | - | - | |
| Gross margin | € 33,508 | € 40,703 | € 35,080 | € -8,286 | ▼ € 43,366 |
| Profit after taxes | € -2,789 | € 13,367 | € 2,629 | € -28,490 | ▼ € 31,119 |
| Equity | € 21,236 | € 34,603 | € 37,232 | € 8,742 | ▼ 77% |
| Total debts | € 27,081 | € 34,000 | € 73,669 | € 77,670 | ▲ 5% |
| Cash | € 1,976 | - | € 10,622 | € 3,835 | ▼ 64% |
| Retained profit | € 1,071 | € 14,437 | € 17,066 | € -11,424 | ▼ € 28,490 |
| Bank debt | € 813 | € 14,148 | € 0 | € 0 | |
| Balance sheet total | € 48,317 | € 68,603 | € 110,901 | € 86,412 | ▼ 22% |
Key figures of NICOSIA FRERES, 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 NICOSIA FRERES?
What happened at NICOSIA FRERES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 28,490 (▼ € 31,119 vs 2024). filed late Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,789 loss in 2022 to € 28,490 loss in 2025.
Paid € 7,527 in corporate taxes since 2022.
Best year ever: 2023, with € 13,367 profit.
Establishments
Establishment units
Physical locations of this company
Alsembergsesteenweg 638
1180 Ukkel
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
- 0440.063.561
- VAT number
- BE 0440.063.561
- Registered office
- Alsembergsesteenweg 638, 1180 Ukkel
- Names & denominations
- NICOSIA FRERES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 February 1990
- Peppol
- Active · Active since 3 Apr 2025
- Activities · NACE
Carrosserieherstelling (inclusief spuiten en verven)
Onderhoud en reparatie van auto's
Carrosserieherstelling
Detailhandel in andere motorvoertuigen (> 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)