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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
N-VEST from Veurne, company number BE0441460163, closed financial year 2025 with a result of € -21,349 after tax. For that financial year N-VEST recorded a gross margin of € -9,629 and equity of € 14,393. Compared with financial year 2024, the result moved from € -38,467 to € -21,349. The company made a loss. The buffer shrank hard: equity is 60 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 30, 2026.
€ 14,393
▼ 60% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,349
▲ 45 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1
▲ 200% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -30,253.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 29,000
▼ 12% vs 2024
€ 4,000 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 4,723
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 919
▲ 50% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 431 | € -5,327 | € -12,535 | € -9,629 | ▲ € 2,907 |
| Profit after taxes | € -23,669 | € -31,087 | € -38,467 | € -21,349 | ▲ € 17,118 |
| Equity | € 105,295 | € 74,209 | € 35,741 | € 14,393 | ▼ 60% |
| Total debts | € 88,814 | € 97,600 | € 112,503 | € 126,336 | ▲ 12% |
| Cash | € 772 | € 625 | € 0 | € 1 | ▲ 200% |
| Land & buildings | € 153,442 | € 147,341 | € 141,241 | € 135,140 | ▼ 4% |
| Retained profit | € 60,650 | € 29,563 | € -8,904 | € -30,253 | ▼ € 21,349 |
| Bank debt | € 41,008 | € 37,000 | € 33,000 | € 29,000 | ▼ 12% |
| Balance sheet total | € 194,109 | € 171,809 | € 148,244 | € 140,729 | ▼ 5% |
Key figures of N-VEST, 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 N-VEST?
What happened at N-VEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 21,349. Source: NBB ↗
- MAXIM MAES became a director. NBB
- New establishment in Veurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,669 loss in 2022 to € 21,349 loss in 2025.
Paid € 2,311 in corporate taxes since 2022.
Management
Behind N-VEST is MAXIM MAES. MAXIM MAES is also behind DC Eterno.
Directors
According to the 2025 annual accounts
since 2017
Establishments
Establishment units
Physical locations of this company
Jozef Vinckstraat 17A
8630 Veurne
Jozef Vinckstraat 17 A
8630 Veurne
Active since 25 June 2002
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.460.163
- VAT number
- BE 0441.460.163
- Registered office
- Jozef Vinckstraat 17A, 8630 Veurne
- Names & denominations
- N-VEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 September 1990
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
Handel in eigen onroerend goed
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Overige zakelijke dienstverlening, neg