Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NXT Gear from Essen, company number BE0461320221, closed financial year 2025 with a result of € -98,511 after tax. For that financial year NXT Gear recorded a gross margin of € 415,916 and equity of € 572,150. Compared with financial year 2024, the result moved from € -12,839 to € -98,511. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 14, 2026.
€ 572,150
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -98,511
▼ 667 % more loss than in 2024
Profit after tax over the fiscal year.
€ 41,056
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 78,558.
People and assets in 2025
6.5
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 381,068
▲ 11% vs 2024
€ 58,600 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.
€ 17,332
▲ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▲ 1% vs 2024
€ 88,308 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 504,698
▲ 82% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 179,189
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 371,542 | € 534,733 | € 449,782 | € 415,916 | ▼ 8% |
| Profit after taxes | € 12,683 | € 1,508 | € -12,839 | € -98,511 | ▼ € 85,671 |
| Equity | € 681,992 | € 683,500 | € 670,661 | € 572,150 | ▼ 15% |
| Total debts | € 1,829,644 | € 2,158,319 | € 1,594,740 | € 1,860,543 | ▲ 17% |
| Cash | € 44,067 | € 76,786 | € 67,393 | € 41,056 | ▼ 39% |
| Land & buildings | € 451,325 | € 427,909 | € 405,766 | € 383,624 | ▼ 5% |
| Retained profit | € 188,400 | € 189,908 | € 177,069 | € 78,558 | ▼ 56% |
| Bank debt | € 1,121,008 | € 1,261,836 | € 1,158,386 | € 1,170,806 | ▲ 1% |
| Balance sheet total | € 2,511,637 | € 2,841,820 | € 2,265,401 | € 2,432,693 | ▲ 7% |
| Employees (FTE) | 5.8 | 7.5 | 6.3 | 6.5 | ▲ 0.2 |
Key figures of NXT Gear, 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 April 2027.
What happened to NXT Gear?
What happened at NXT Gear in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 98,511. Source: NBB ↗
- New establishment in Kalmthout. KBO
- New establishment in Essen. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,683 profit in 2022 to € 98,511 loss in 2025.
Paid € 10,852 in corporate taxes since 2022.
Best year ever: 2022, with € 12,683 profit.
On average € 64,000 of value added per employee in 2025.
Management
The stake of VDB CYCLING, J&N future invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NXT GearBehind NXT Gear are J&N Future Invest BV and VDB Cycling BV. The shares are held by VDB CYCLING (48.9%) and J&N future invest (35.4%).
Directors
According to the 2025 annual accounts
Director · represented by Tim Van Meel
Director · represented by Wannes Van den Bergh
Shareholders
48.9%
35.4%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nieuwstraat 59-61
2910 Essen
Pastoor Weytslaan (Dp) 13 box 1
2920 Kalmthout
Active since 1 February 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0461.320.221
- VAT number
- BE 0461.320.221
- Registered office
- Nieuwstraat 59-61, 2910 Essen
- Names & denominations
- NXT Gear
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 August 1997
- Peppol
- Active · Active since 24 Nov 2023
- Contact
- nxtgear.be
- Activities · NACE
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