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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 2022.
Financials
Financial year 2025
NIKAL DECORS from Sint-Agatha-Berchem, company number BE0443846462, closed financial year 2025 with a result of € 2,064 after tax. For that financial year NIKAL DECORS recorded revenue of € 1 million and equity of € 300,348. Compared with financial year 2024, the result moved from € 2,269 to € 2,064. The company is profitable. 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 September 24, 2026.
€ 300,348
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,064
▼ 9% vs 2024
Profit after tax over the fiscal year.
€ 10,511
▼ 37% 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 € 281,756.
People and assets in 2025
€ 10,709
▲ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 94,367
▼ 22% vs 2024
Loans from banks and other lenders, long and short.
€ 373,340
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,494
▼ 66% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 1,274,273 | € 932,510 | € 1,040,850 | ▲ 12% |
| Gross margin | € 371,808 | € 363,681 | € 93,124 | € 48,859 | ▼ 48% |
| Profit after taxes | € -4,505 | € 5,047 | € 2,269 | € 2,064 | ▼ 9% |
| Equity | € 290,969 | € 296,016 | € 298,285 | € 300,348 | ▲ 1% |
| Total debts | € 493,866 | € 1,106,110 | € 489,665 | € 502,201 | ▲ 3% |
| Cash | € 5,247 | € 4,377 | € 16,581 | € 10,511 | ▼ 37% |
| Land & buildings | € 458,832 | € 444,949 | - | - | |
| Retained profit | € 272,377 | € 277,424 | € 279,693 | € 281,756 | ▲ 1% |
| Bank debt | € 396,988 | € 384,328 | € 121,544 | € 94,367 | ▼ 22% |
| Balance sheet total | € 784,835 | € 1,402,126 | € 787,949 | € 802,550 | ▲ 2% |
| Employees (FTE) | - | 6.7 | 6.7 | - |
Key figures of NIKAL DECORS, 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 NIKAL DECORS?
What happened at NIKAL DECORS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,064 (▼ 9% vs 2024). filed late Source: NBB ↗
- New establishment in Sint-Agatha-Berchem. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,505 loss in 2022 to € 2,064 profit in 2025.
Paid € 13,978 in corporate taxes since 2022.
Best year ever: 2023, with € 5,047 profit.
On average € 13,900 of value added per employee in 2024.
Management
Behind NIKAL DECORS is IYADH BABAI.
Directors
According to the 2025 annual accounts
IYADH BABAI
Managing director
Establishments
Establishment units
Physical locations of this company
Keizer Karellaan 511 B
1082 Sint-Agatha-Berchem
Keizer Karellaan 511 box B
1082 Sint-Agatha-Berchem
Active since 19 April 1991
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0443.846.462
- VAT number
- BE 0443.846.462
- Registered office
- Keizer Karellaan 511 B, 1082 Sint-Agatha-Berchem
- Names & denominations
- NIKAL DECORS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 April 1991
- Peppol
- Active · Active since 18 Nov 2025
- Contact
- nikalchassis.be
- Activities · NACE
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