Financials
Financial year 2024
ECONAN from Nandrin, company number BE0463747397, closed financial year 2024 with a result of € 471,062 after tax. For that financial year ECONAN recorded a gross margin of € 2.8 million and equity of € 1.3 million. Compared with financial year 2023, the result moved from € 523,006 to € 471,062. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 9, 2025.
€ 1.3 million
▲ 54% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 471,062
▼ 10% vs 2023
Profit after tax over the fiscal year.
€ 1.6 million
▼ 3% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 1.3 million.
People and assets in 2024
35.9
▲ 2.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 6% vs 2023
€ 41,900 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.
€ 329,085
▼ 32% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.8 million
▲ 4% vs 2023
€ 447,889 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.3 million
▼ 23% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 415,424
▲ 17% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,818,108 | € 1,810,878 | € 2,770,914 | € 2,842,412 | ▲ 3% |
| Profit after taxes | € 352,428 | € -132,520 | € 523,006 | € 471,062 | ▼ 10% |
| Equity | € 485,471 | € 352,951 | € 875,957 | € 1,347,019 | ▲ 54% |
| Total debts | € 4,520,923 | € 4,037,008 | € 4,139,839 | € 3,846,966 | ▼ 7% |
| Cash | € 580,884 | € 544,782 | € 1,639,848 | € 1,591,787 | ▼ 3% |
| Land & buildings | € 1,512,042 | € 1,446,166 | € 1,333,988 | € 1,271,150 | ▼ 5% |
| Retained profit | € 423,471 | € 290,951 | € 813,957 | € 1,285,019 | ▲ 58% |
| Bank debt | € 2,721,578 | € 2,231,735 | € 1,768,638 | € 1,846,575 | ▲ 4% |
| Balance sheet total | € 5,006,394 | € 4,389,958 | € 5,015,796 | € 5,193,985 | ▲ 4% |
| Employees (FTE) | 32.2 | 32.1 | 33.3 | 35.9 | ▲ 2.6 |
Key figures of ECONAN, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ECONAN?
What happened at ECONAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 471,062 (▼ 10% vs 2023). filed late Source: NBB ↗
- David BARTHELEMY became a director. NBB
- New establishment in Nandrin. KBO
- Start of the company according to the CBE. KBO
In short
From € 352,428 profit in 2021 to € 471,062 profit in 2024.
Paid € 388,460 in corporate taxes since 2021.
Best year ever: 2023, with € 523,006 profit.
On average € 79,200 of value added per employee in 2024.
Management
Behind ECONAN is David BARTHELEMY. David BARTHELEMY is also behind INTERJAM, SOCIETE BASE DE VILLERS LE BOUILLET, SUPERLOG, LD Food and HUY DISCOUNT.
Directors
According to the 2024 annual accounts
David BARTHELEMY
Managing director
Also active at: INTERJAM, SOCIETE BASE DE VILLERS LE BOUILLET, SUPERLOG, LD Food, HUY DISCOUNT, ARCHIDIS
since 2019
Establishments
Establishment units
Physical locations of this company
Route du Condroz 318
4550 Nandrin
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.747.397
- VAT number
- BE 0463.747.397
- Registered office
- Route du Condroz 318, 4550 Nandrin
- Names & denominations
- ECONAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 1998
- Peppol
- Active · Active since 11 Feb 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)