Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
Financials
Financial year 2024
NSF Europe from Machelen (Brab.), company number BE0440521936, closed financial year 2024 with a result of € 762,927 after tax. For that financial year NSF Europe recorded a gross margin of € 4.8 million and equity of € 3.3 million. Compared with financial year 2023, the result moved from € -16,475 to € 762,927. 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 January 27, 2026.
€ 3.3 million
▲ 30% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 762,927
▲ still € 16,475 loss in 2023
Profit after tax over the fiscal year.
€ 1.5 million
▲ € 1.2 million vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 1.3 million.
People and assets in 2024
51.2
▲ 0.8 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 3.8 million
▲ 1% vs 2023
€ 74,600 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.
€ 1,044
▼ 76% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 500,000
▲ 25% vs 2023
Loans from banks and other lenders, long and short.
€ 1.9 million
▼ 15% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 566,712
▼ 19% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 8,723,242 | € 8,710,820 | € 8,464,029 | - | |
| Gross margin | - | - | - | € 4,809,436 | |
| Profit after taxes | € 254,402 | € 275,746 | € -16,475 | € 762,927 | ▲ € 779,402 |
| Equity | € 2,259,471 | € 2,535,217 | € 2,518,742 | € 3,281,669 | ▲ 30% |
| Total debts | € 3,645,594 | € 3,615,185 | € 3,306,433 | € 3,005,507 | ▼ 9% |
| Cash | € 589,658 | € 343,555 | € 278,612 | € 1,497,236 | ▲ € 1.2 million |
| Land & buildings | € 165,273 | € 195,005 | € 158,549 | - | |
| Retained profit | € 266,796 | € 542,543 | € 526,068 | € 1,288,994 | ▲ 145% |
| Bank debt | € 12,697 | € 380,000 | € 400,000 | € 500,000 | ▲ 25% |
| Balance sheet total | € 5,942,065 | € 6,169,903 | € 5,844,676 | € 6,287,176 | ▲ 8% |
| Employees (FTE) | 54.9 | 50.9 | 50.4 | 51.2 | ▲ 0.8 |
Key figures of NSF Europe, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to NSF Europe?
What happened at NSF Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Laura Tackett stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 762,927. filed late Source: NBB ↗
- Catherine François stepped down as director. NBB
- Vincent Boks became a director. NBB
- Catherine François became a director. NBB
- Laura Tackett became a director. NBB
- New establishment in Machelen (Brab.). KBO
- Start of the company according to the CBE. KBO
In short
From € 254,402 profit in 2021 to € 762,927 profit in 2024.
Paid € 77,298 in corporate taxes since 2021.
Best year ever: 2024, with € 762,927 profit.
On average € 93,900 of value added per employee in 2024.
A new publication or filing at NSF 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
Behind NSF Europe is Vincent Boks. The shares are held by NSF International UK Ltd. (100%). It owns 100% of EC BUL Ltd, 100% of NSF France and 20% of NSF Romania srl itself.
Directors
According to the 2024 annual accounts
since 2023
since 2022 · until 2028
Catherine François
Managing director
since 2023 · until 2025
Shareholders
NSF International UK Ltd.
100%
Participations
EC BUL Ltd
100%
NSF France
100%
NSF Romania srl
20%
Establishments
Establishment units
Physical locations of this company
De Kleetlaan 12A
1831 Machelen (Brab.)
De Kleetlaan 12a
1831 Machelen (Brab.)
Active since 15 May 1990
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
- 0440.521.936
- VAT number
- BE 0440.521.936
- Registered office
- De Kleetlaan 12A, 1831 Machelen (Brab.)
- Names & denominations
- NSF Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 April 1990
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
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