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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Figures corrected NBB
Corrected annual account filed for 2023, 2025.
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Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
NSI IT Software & Services from Awans, company number BE0450905686, closed financial year 2025 with a result of € 6.6 million after tax. For that financial year NSI IT Software & Services recorded revenue of € 153.9 million and equity of € 35.5 million. Compared with financial year 2024, the result moved from € 5.9 million to € 6.6 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 35.5 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.6 million
▲ 12% vs 2024
Profit after tax over the fiscal year.
€ 6.8 million
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2 million paid out
30 % of the profit went to the shareholders, mostly to CEGEKA GROEP SA (75 % of the shares). That is where the money ends up.
People and assets in 2025
685
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 57.7 million
▲ 3% vs 2024
€ 84,300 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.
€ 310,292
▼ 26% vs 2024
Of which on lease € 115,029.
Debts at end 2025
€ 27 million
▼ 17% vs 2024
€ 4.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 19.6 million
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 80 days on average.
€ 14.7 million
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 103,433,230 | € 115,899,520 | € 156,620,534 | € 153,918,041 | ▼ 2% |
| Profit after taxes | € 4,185,792 | € 5,906,740 | € 5,879,681 | € 6,602,860 | ▲ 12% |
| Equity | € 22,597,546 | € 26,732,264 | € 30,858,469 | € 35,478,195 | ▲ 15% |
| Total debts | € 45,353,883 | € 47,330,137 | € 88,107,113 | € 86,623,016 | ▼ 2% |
| Cash | € 8,060,559 | € 6,967,285 | € 7,177,725 | € 6,768,564 | ▼ 6% |
| Retained profit | € 20,573,498 | € 24,708,216 | € 28,823,993 | € 33,445,994 | ▲ 16% |
| Dividend | € 1,255,738 | € 1,772,022 | € 1,763,904 | € 1,980,858 | ▲ 12% |
| Bank debt | € 13,890,217 | € 11,442,740 | € 32,497,291 | € 27,005,161 | ▼ 17% |
| Balance sheet total | € 68,060,342 | € 74,062,401 | € 118,978,651 | € 122,306,595 | ▲ 3% |
| Employees (FTE) | 605 | 626 | 686 | 685 | ▼ 1 |
Key figures of NSI IT Software & 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 NSI IT Software & Services?
What happened at NSI IT Software & Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NOSHAQ PARTNERS SC stepped down as director. NBB
- GC2M CONSULTING SRL stepped down as director. NBB
- NOSHAQ stepped down as director. NBB
- BWAT bv stepped down as director. NBB
- ESDACON BV stepped down as director. NBB
- TRAFALGAR CONSULTING SRL stepped down as director. NBB
- SOFIN BV stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
In short
From € 4.2 million profit in 2022 to € 6.6 million profit in 2025.
Paid € 12.1 million in corporate taxes since 2022.
Best year ever: 2025, with € 6.6 million profit.
Paid out € 6.8 million in dividends to the owners in total.
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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
The shares are held by CEGEKA GROEP SA (75%) and NOSHAQ (25%). It owns 100% of NSI Luxembourg PSF, 100% of MULTIDATA SARL, 100% of NSI INVEST , 100% of NSI France, 1.5% of Charleroi Entreprendre and 0.8% of Ostbelgieinvest itself.
Directors
According to the 2025 annual accounts
Director · represented by Yvan Absil
Also active at: CAUTION MUTUELLE DES METIERS ET NEGOCES, Fonderies J. Marichal Ketin et Cie, DARDENNE, SOGECOM, VITAVERDE.BIO, HAEMERS Technologies, SPACEBEL, NOSHAQ VENTURE +169 more
since 2023 · until 2027
Director · represented by Stijn BIJNENS
Also active at: CEGEKA BUSINESS SOLUTIONS BELGIE, CEGEKA GROEP, CEGEKA HEALTH CARE, H. ESSERS, CITYMESH OPERATOR, KOLMONT HOLDING, Cegeka Holding, GREENFOX +11 more
since 2018 · until 2025
Director · represented by Gaëtan Willems
since 2023 · until 2027
Director · represented by Gaëtan SERVAIS
Also active at: FRANKI, Iso - Calor, DARDENNE, DAO, Bureau d'Etudes Pierre Berger, SOGECOM, NOSHAQ IMMO, GABRIEL +59 more
since 2009 · until 2027
since 2025 · until 2027
Director · represented by Stephan Daems
Also active at: CEGEKA BUSINESS SOLUTIONS BELGIE, CEGEKA GROEP, COMPUTER TASK GROUP BELGIUM, CEGEKA HEALTH CARE, CITYMESH OPERATOR, Citymesh 0G, NSI-INVEST, Cegeka Holding +11 more
since 2018 · until 2027
Administrateur délégué indépendant · represented by Manuel Pallage
Also active at: Digital Platform for Attorneys, LEANSQUARE, NSI-INVEST, NSI IMMO
since 2021 · until 2027
Chairman of the board · represented by André Knaepen
Also active at: ANSA, CEGEKA GROEP, CEGEKA HEALTH CARE, CITYMESH OPERATOR, Cegeka Holding, Utmerke, Citymesh Navigator, CITYMESH INTEGRATOR +2 more
since 2018 · until 2027
Shareholders
75%
25%
Participations
NSI Luxembourg PSF
100%
MULTIDATA SARL
100%
100%
NSI France
100%
0.8%
Establishments
Establishment units
Physical locations of this company
Rue de Bruxelles 174 box A
4340 Awans
Avenue de Finlande 8
1420 Braine-l'Alleud
Active since 1 June 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →Centre public d'Action sociale de Awans
Freson et fils
BETONRESINE
Fonds social du Personel ouvrier Kone
FGI
€ -646 gross margin · 2023
+17 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
- 0450.905.686
- VAT number
- BE 0450.905.686
- Registered office
- Rue de Bruxelles 174 bus A, 4340 Awans
- Names & denominations
- NSI IT Software & Services · N.S.I.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 September 1993
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
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