Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 29 to 24.
Financials
Financial year 2025
JOHAN NICOLAI from Sint-Truiden, company number BE0451689408, closed financial year 2025 with a result of € 49,363 after tax. For that financial year JOHAN NICOLAI recorded a gross margin of € 1.8 million and equity of € 123,927. Compared with financial year 2024, the result moved from € 4,585 to € 49,363. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 123,927
▲ 66% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,363
▲ € 44,778 vs 2024
Profit after tax over the fiscal year.
€ 197,028
▲ 11% 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 € -64,277.
People and assets in 2025
24
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 9% vs 2024
€ 56,100 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.
€ 79,854
▲ 3% vs 2024
Of which on lease € 4,992.
Debts at end 2025
€ 1.7 million
▼ 7% vs 2024
€ 212,677 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1.3 million
▲ 112% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 91,963
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,445,914 | € 1,378,902 | € 1,636,957 | € 1,795,790 | ▲ 10% |
| Profit after taxes | € -227,582 | € -204,384 | € 4,585 | € 49,363 | ▲ € 44,778 |
| Equity | € 274,364 | € 69,980 | € 74,564 | € 123,927 | ▲ 66% |
| Total debts | € 4,387,994 | € 5,156,296 | € 5,745,743 | € 6,589,869 | ▲ 15% |
| Cash | € 111,058 | € 318,038 | € 176,891 | € 197,028 | ▲ 11% |
| Land & buildings | € 911,371 | € 806,042 | € 671,184 | € 554,958 | ▼ 17% |
| Retained profit | € 86,160 | € -118,224 | € -113,640 | € -64,277 | ▲ € 49,363 |
| Bank debt | € 1,986,992 | € 2,131,003 | € 1,824,611 | € 1,694,089 | ▼ 7% |
| Balance sheet total | € 4,662,357 | € 5,226,275 | € 5,820,307 | € 6,713,796 | ▲ 15% |
| Employees (FTE) | 31.8 | 29 | 25 | 24 | ▼ 1 |
Key figures of JOHAN NICOLAI, 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 JOHAN NICOLAI?
What happened at JOHAN NICOLAI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 49,363 (▲ € 44,778 vs 2024). Source: NBB ↗
- Johan Nicolaï became a director. NBB
- Laura Nicolaï became a director. NBB
- New establishment in Sint-Truiden. KBO
- Start of the company according to the CBE. KBO
In short
From € 227,582 loss in 2022 to € 49,363 profit in 2025.
Paid € 2,835 in corporate taxes since 2022.
Best year ever: 2025, with € 49,363 profit.
On average € 74,800 of value added per employee in 2025.
A new publication or filing at JOHAN NICOLAI? We notify you, reason included.
Follow JOHAN NICOLAIDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 stake of REINETTE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
JOHAN NICOLAIBehind JOHAN NICOLAI are Johan Nicolaï, Michiel Nicolaï, Vincent Nicolaï and Laura Nicolaï. The shares are held by REINETTE (49%).
Directors
According to the 2025 annual accounts
Shareholders
49%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lichtenberglaan 2050
3800 Sint-Truiden
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.689.408
- VAT number
- BE 0451.689.408
- Registered office
- Lichtenberglaan 2050, 3800 Sint-Truiden
- Names & denominations
- JOHAN NICOLAI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 1994
- Peppol
- Active · Active since 28 Apr 2025
- Activities · NACE
Boomkwekerijen, muv bosboomkwekerijen
Boomkwekerijen
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken
Landschapsverzorging