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 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NILLAY from Pepinster, company number BE0460992203, closed financial year 2025 with a result of € 1,138 after tax. For that financial year NILLAY recorded a gross margin of € 59,248 and equity of € 28,680. Compared with financial year 2024, the result moved from € -3,699 to € 1,138. 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 January 29, 2026.
€ 28,680
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,138
▲ still € 3,699 loss in 2024
Profit after tax over the fiscal year.
€ 4,740
▼ 64% 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 € 10,088.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 48,670
▼ 4% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,613
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 183,333
€ 16,667 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 3,410
▼ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,291
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 31,491 | € 43,864 | € 62,065 | € 59,248 | ▼ 5% |
| Profit after taxes | € 20,060 | € 12,884 | € -3,699 | € 1,138 | ▲ € 4,837 |
| Equity | € 18,357 | € 31,241 | € 27,542 | € 28,680 | ▲ 4% |
| Total debts | € 271,117 | € 395,350 | € 234,520 | € 221,600 | ▼ 6% |
| Cash | € 11,721 | € 5,309 | € 13,075 | € 4,740 | ▼ 64% |
| Land & buildings | € 6,197 | € 23,897 | € 29,764 | € 28,032 | ▼ 6% |
| Retained profit | € -235 | € 12,649 | € 8,950 | € 10,088 | ▲ 13% |
| Bank debt | € 200,000 | € 188,987 | € 183,333 | € 183,333 | |
| Balance sheet total | € 289,474 | € 426,591 | € 262,062 | € 250,280 | ▼ 4% |
| Employees (FTE) | - | 0.2 | 1 | 0.5 | ▼ 0.5 |
Key figures of NILLAY, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to NILLAY?
What happened at NILLAY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,138. Source: NBB ↗
- Christian PEZZIN became a director. NBB
- New establishment in Pepinster. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,060 profit in 2022 to € 1,138 profit in 2025.
Paid € 14,602 in corporate taxes since 2022.
Best year ever: 2022, with € 20,060 profit.
On average € 62,100 of value added per employee in 2024.
Management
Behind NILLAY is Christian PEZZIN. It owns 50% of IMMO RH 270 and 50% of E-BLUE itself.
Directors
According to the 2025 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Tilleul 197
4861 Pepinster
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
- 0460.992.203
- VAT number
- BE 0460.992.203
- Registered office
- Tilleul 197, 4861 Pepinster
- Names & denominations
- NILLAY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 1997
- Peppol
- Active · Active since 26 Dec 2025
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