Financials
Financial year 2026
Worth noting
- Little cash and receivables against the short-term debts.
Revenue
€ 3.5 million
▲ 2% vs 2025
Profit
Growing€ 252,450
Debts
High€ 22.2 million
▼ 7% vs 2025
NITRACO from Olen, company number BE0450334376, closed financial year 2026 with a result of € 252,450 after tax. For that financial year NITRACO recorded revenue of € 3.5 million and equity of € 1.9 million. Compared with financial year 2025, the result moved from € 252,450 to € 252,450. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 17, 2026.
What happened at NITRACO?
What happened at NITRACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Rob Wattelé stepped down as director. NBB
- Koen Stevens stepped down as director. NBB
- Joren Maetens stepped down as director. NBB
- Johan Desmet stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 252,450. Source: NBB ↗
- Rob Wattelé became a director. NBB
- Hakim Boutkabout stepped down as director. NBB
- Joren Maetens became a director. NBB
In short
From € 252,450 profit in 2022 to € 252,450 profit in 2026.
Paid € 420,750 in corporate taxes since 2022.
Best year ever: 2022, with € 252,450 profit.
Paid out € 1.3 million in dividends to the owners in total.
A new publication or filing at NITRACO? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
The shares are held by Pipelink nv (50%) and Nippon Sanso Belgium nv (50%).
Directors
According to the 2026 annual accounts
Rob Wattelé
Director
since 2025 · until 2029
since 2023 · until 2029
Joren Maetens
Director
since 2025 · until 2029
since 2023 · until 2029
Hakim Boutkabout
Director
since 2025 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lammerdries-Oost 29
2250 Olen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
Details
- Company number
- 0450.334.376
- VAT number
- BE 0450.334.376
- Registered office
- Lammerdries-Oost 29, 2250 Olen
- Names & denominations
- NITRACO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 1993
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
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