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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
NINiVE CONSTRUCT from Ninove, company number BE0454186464, closed financial year 2025 with a result of € -182,267 after tax. For that financial year NINiVE CONSTRUCT recorded a gross margin of € -185,125 and equity of € -184,592. Compared with financial year 2024, the result moved from € -61,358 to € -182,267. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 21, 2026.
€ -184,592
▼ € 182,267 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -182,267
▼ 197 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4,017
▲ 274% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -216,692.
Debts at end 2025
€ 692,106
▼ 13% vs 2024
€ 348,444 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 25,700
▼ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,532
▼ 10% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -104,057 | € -47,986 | € 2,252 | € -185,125 | ▼ € 187,377 |
| Profit after taxes | € -149,986 | € -168,788 | € -61,358 | € -182,267 | ▼ € 120,908 |
| Equity | € 227,821 | € 59,033 | € -2,325 | € -184,592 | ▼ € 182,267 |
| Total debts | € 1,160,543 | € 941,174 | € 1,093,472 | € 733,338 | ▼ 33% |
| Cash | € 2,413 | € 884 | € 1,074 | € 4,017 | ▲ 274% |
| Land & buildings | € 261,906 | € 248,865 | € 235,824 | € 222,783 | ▼ 6% |
| Retained profit | € 195,721 | € 26,933 | € -34,426 | € -216,692 | ▼ € 182,267 |
| Bank debt | € 814,570 | € 692,505 | € 792,106 | € 692,106 | ▼ 13% |
| Balance sheet total | € 1,388,365 | € 1,000,207 | € 1,091,147 | € 548,746 | ▼ 50% |
Key figures of NINiVE CONSTRUCT, 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 NINiVE CONSTRUCT?
What happened at NINiVE CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 182,267. filed late Source: NBB ↗
- David De Saedeleer became a director. NBB
- Louis De Saedeleer became a director. NBB
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 149,986 loss in 2022 to € 182,267 loss in 2025.
Paid € 54,660 in corporate taxes since 2022.
Management
Behind NINiVE CONSTRUCT are Louis De Saedeleer and David De Saedeleer. The same people are also behind PLEISTERWERKEN GMD. Louis De Saedeleer is also behind NDL.
Directors
According to the 2025 annual accounts
since 1995
since 2023
Establishments
Establishment units
Physical locations of this company
Aalstersesteenweg 271
9400 Ninove
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0454.186.464
- VAT number
- BE 0454.186.464
- Registered office
- Aalstersesteenweg 271, 9400 Ninove
- Names & denominations
- NINiVE CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 1995
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
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