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 43 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 3.9 to 2.9.
Financials
Financial year 2025
NINOVE MARKET from Ninove, company number BE0461368127, closed financial year 2025 with a result of € 36,330 after tax. For that financial year NINOVE MARKET recorded a gross margin of € 237,021 and equity of € 491,550. Compared with financial year 2024, the result moved from € 10,717 to € 36,330. Profitable, and profit is growing. 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 August 29, 2025.
€ 491,550
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 36,330
▲ 239% vs 2024
Profit after tax over the fiscal year.
€ 106,441
▲ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 36,000 paid out
99 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
2.9
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 78,528
▼ 30% vs 2024
€ 27,100 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.
€ 4,929
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 113,795
▼ 37% vs 2024
€ 48,765 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 244,484
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,497
▼ 43% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 308,760 | € 376,528 | € 244,186 | € 237,021 | ▼ 3% |
| Profit after taxes | € 108,127 | € 136,287 | € 10,717 | € 36,330 | ▲ 239% |
| Equity | € 354,216 | € 490,503 | € 491,220 | € 491,550 | |
| Total debts | € 332,318 | € 525,786 | € 504,109 | € 412,941 | ▼ 18% |
| Cash | € 146,858 | € 61,153 | € 99,012 | € 106,441 | ▲ 8% |
| Retained profit | € 292,216 | € 428,503 | € 429,220 | € 429,550 | |
| Dividend | € 0 | € 0 | € 10,000 | € 36,000 | ▲ 260% |
| Bank debt | € 166,092 | € 249,205 | € 180,776 | € 113,795 | ▼ 37% |
| Balance sheet total | € 686,534 | € 1,016,289 | € 995,328 | € 904,491 | ▼ 9% |
| Employees (FTE) | 4.6 | 3.9 | 3 | 2.9 | ▼ 0.1 |
Key figures of NINOVE MARKET, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 August 2026.
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
- FRIDA DE GEYTER stepped down as director. NBB
- Joppe NIJST stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 36,330 (▲ 239% vs 2024). 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 € 108,127 profit in 2022 to € 36,330 profit in 2025.
Paid € 18,457 in corporate taxes since 2022.
Best year ever: 2023, with € 136,287 profit.
On average € 81,700 of value added per employee in 2025.
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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
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)