Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 13.3 to 2.
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Busy address KBO
40 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
NOSTRUM SERVICES from Namur, company number BE0446834755, closed financial year 2025 with a result of € 6,859 after tax. For that financial year NOSTRUM SERVICES recorded revenue of € 3.3 million and equity of € 121,785. Compared with financial year 2024, the result moved from € -49,217 to € 6,859. Profitable, and profit is growing. The buffer shrank hard: equity is 95 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 121,785
▼ 95% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,859
▲ still € 49,217 loss in 2024
Profit after tax over the fiscal year.
€ 23,473
▼ 83% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2
▼ 10.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 735,193
▼ 80% vs 2024
€ 367,600 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.
€ 1,323
▼ 76% 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.
€ 184,988
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 28 days on average.
€ 149,414
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,664,340 | € 6,436,842 | € 5,107,641 | € 3,278,991 | ▼ 36% |
| Profit after taxes | € -84,152 | € 224,916 | € -49,217 | € 6,859 | ▲ € 56,076 |
| Equity | € 2,439,228 | € 2,664,144 | € 2,614,926 | € 121,785 | ▼ 95% |
| Total debts | € 1,321,241 | € 1,635,688 | € 370,048 | € 2,834,402 | ▲ € 2.5 million |
| Cash | € 2,507,272 | € 147,320 | € 134,326 | € 23,473 | ▼ 83% |
| Retained profit | € 2,377,228 | € 2,602,144 | € 2,552,926 | € 59,785 | ▼ 98% |
| Dividend | € 0 | € 0 | € 0 | € 2,500,000 | |
| Balance sheet total | € 4,070,320 | € 4,430,006 | € 3,248,788 | € 3,220,001 | ▼ 1% |
| Employees (FTE) | 17.4 | 13.3 | 12.2 | 2 | ▼ 10.2 |
Key figures of NOSTRUM SERVICES, 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 NOSTRUM SERVICES?
What happened at NOSTRUM SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Clare Calver stepped down as director. NBB
- Ulugbek Makhmadiyarov stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6,859. Source: NBB ↗
- Clare Calver became a director. NBB
- Thomas Hartnett SRL stepped down as director. NBB
- Thomas Hartnett SRL became a director. NBB
- Ulugbek Makhmadiyarov became a director. NBB
- New establishment in Perwez. KBO
In short
From € 84,152 loss in 2022 to € 6,859 profit in 2025.
Paid € 329,452 in corporate taxes since 2022.
Best year ever: 2023, with € 224,916 profit.
Paid out € 2.5 million in dividends to the owners in total.
Management
The shares are held by Nostrum Oil & Gas Cooperatief U.A. (99.9%) and Nostrum Oil & Gas B.V. (0.1%).
Directors
According to the 2025 annual accounts
Clare Calver
Managing director
since 2026 · until 2032
Managing director · represented by Thomas Hartnett
since 2022 · until 2026
Ulugbek Makhmadiyarov
Managing director
since 2021 · until 2027
Shareholders
Nostrum Oil & Gas Cooperatief U.A.
99.9%
Nostrum Oil & Gas B.V.
0.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Chaussée de Liège(JB) 624
5100 Namur
Chaussée de Wavre 20
1360 Perwez
Active since 10 May 1995
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 40 companies are registered at this address.
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€ 13,401 gross margin · 2025
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€ -5,558 gross margin · 2025
Indivision Van den Putte
DAVILOU BVBA
€ 12,385 gross margin · 2025
+35 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.834.755
- VAT number
- BE 0446.834.755
- Registered office
- Chaussée de Liège(JB) 624, 5100 Namur
- Names & denominations
- NOSTRUM SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 1992
- Peppol
- Active · Active since 12 May 2026
- Activities · NACE
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