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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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2026; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 3 to 2.6.
Financials
Financial year 2026
NINOVE MARKET from Ninove, company number BE0461368127, closed financial year 2026 with a result of € 16,340 after tax. For that financial year NINOVE MARKET recorded a gross margin of € 233,746 and equity of € 507,890. Compared with financial year 2025, the result moved from € 36,330 to € 16,340. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2026.
€ 507,890
▲ 3% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,340
▼ 55% vs 2025
Profit after tax over the fiscal year.
€ 100,100
▼ 6% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 445,890.
People and assets in 2026
2.6
▼ 0.3 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 99,081
▲ 26% vs 2025
€ 38,100 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.
€ 2,052
▼ 58% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 65,029
▼ 43% vs 2025
€ 40,884 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 147,681
▼ 40% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 25,143
▲ 52% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 376,528 | € 244,186 | € 237,021 | € 233,746 | ▼ 1% |
| Profit after taxes | € 136,287 | € 10,717 | € 36,330 | € 16,340 | ▼ 55% |
| Equity | € 490,503 | € 491,220 | € 491,550 | € 507,890 | ▲ 3% |
| Total debts | € 525,786 | € 504,109 | € 412,941 | € 244,520 | ▼ 41% |
| Cash | € 61,153 | € 99,012 | € 106,441 | € 100,100 | ▼ 6% |
| Retained profit | € 428,503 | € 429,220 | € 429,550 | € 445,890 | ▲ 4% |
| Dividend | € 0 | € 10,000 | € 36,000 | € 0 | ▼ 100% |
| Bank debt | € 249,205 | € 180,776 | € 113,795 | € 65,029 | ▼ 43% |
| Balance sheet total | € 1,016,289 | € 995,328 | € 904,491 | € 752,410 | ▼ 17% |
| Employees (FTE) | 3.9 | 3 | 2.9 | 2.6 | ▼ 0.3 |
Key figures of NINOVE MARKET, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.
What happened to NINOVE MARKET?
What happened at NINOVE MARKET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- WIM DE CONINCK stepped down as director. NBB
- Joppe NIJST stepped down as director. NBB
- FRIDA DE GEYTER stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 16,340 (▼ 55% vs 2025). filed late Source: NBB ↗
- Joppe NIJST became a director. NBB
- WIM DE CONINCK became a director. NBB
- FRIDA DE GEYTER became a director. NBB
- New establishment in Ninove. KBO
In short
From € 136,287 profit in 2023 to € 16,340 profit in 2026.
Paid € 7,071 in corporate taxes since 2023.
Best year ever: 2023, with € 136,287 profit.
On average € 89,900 of value added per employee in 2026.
Management
Establishments
Establishment units
Physical locations of this company
Graanmarkt 18
9400 Ninove
Graanmarkt 18 box 2
9400 Ninove
Active since 13 November 1997
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
- 0461.368.127
- VAT number
- BE 0461.368.127
- Registered office
- Graanmarkt 18, 9400 Ninove
- Names & denominations
- NINOVE MARKET
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 September 1997
- Peppol
- Active · Active since 27 Jan 2026
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)