What does ETABLISSEMENTS NOEL GEORGES do?

ETABLISSEMENTS NOEL GEORGES is a wholesaler in Wavre. Public Limited, started on 31 December 1998, 1 establishment.

What is the address of ETABLISSEMENTS NOEL GEORGES?

The registered office of ETABLISSEMENTS NOEL GEORGES is located at Avenue Lavoisier 21, 1300 Wavre.

Is ETABLISSEMENTS NOEL GEORGES still active?

Yes. According to the CBE (31 October 2026) ETABLISSEMENTS NOEL GEORGES is active, legal situation “Normale toestand”, started on 31 December 1998.

Is ETABLISSEMENTS NOEL GEORGES registered on Peppol?

Yes, ETABLISSEMENTS NOEL GEORGES is registered on the Peppol network with ID 0208:0465134497.

What is the enterprise number of ETABLISSEMENTS NOEL GEORGES?

The enterprise number of ETABLISSEMENTS NOEL GEORGES is BE0465134497.

When was ETABLISSEMENTS NOEL GEORGES founded?

ETABLISSEMENTS NOEL GEORGES was founded on 31 December 1998.

Who are the directors of ETABLISSEMENTS NOEL GEORGES?

According to the 2026 annual accounts, the directors of ETABLISSEMENTS NOEL GEORGES are: MaDe Company SRL.

Is ETABLISSEMENTS NOEL GEORGES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 December 1998; 5 annual accounts filed, latest fiscal year 2026; 1 directors known from the annual account.

How much profit did ETABLISSEMENTS NOEL GEORGES make in 2026?

ETABLISSEMENTS NOEL GEORGES posted a profit after taxes of € 85,538 in financial year 2026.

What is the revenue of ETABLISSEMENTS NOEL GEORGES?

As a small company, ETABLISSEMENTS NOEL GEORGES is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 703,520.

How much does an employee at ETABLISSEMENTS NOEL GEORGES earn?

The average wage cost per full-time employee at ETABLISSEMENTS NOEL GEORGES was € 84,300 in 2026: staff costs of € 497,314 for 5.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ETABLISSEMENTS NOEL GEORGES have?

According to the 2026 annual accounts, ETABLISSEMENTS NOEL GEORGES has 5.9 full-time equivalents (FTE).

Does ETABLISSEMENTS NOEL GEORGES have a website?

Yes, ETABLISSEMENTS NOEL GEORGES has a website at ngemachines.be.

ETABLISSEMENTS NOEL GEORGES (Public Limited) - Wavre

Dossier ETABLISSEMENTS NOEL GEORGES, printed on 31 October 2026 from databakkes.be/en/0465134497/etablissements-noel-georges. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 6.7 to 5.9.

Financials

Financial year 2026

ETABLISSEMENTS NOEL GEORGES from Wavre, company number BE0465134497, closed financial year 2026 with a result of € 85,538 after tax. For that financial year ETABLISSEMENTS NOEL GEORGES recorded a gross margin of € 703,520 and equity of € 703,123. Compared with financial year 2025, the result moved from € -18,479 to € 85,538. 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 October 22, 2026.

What it is worth Growing

€ 703,123

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 85,538

▲ still € 18,479 loss in 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 382,638

▲ 11% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 85,000 paid out

99 % of the profit went to the shareholders, mostly to MaDe company (100 % of the shares). That is where the money ends up.

People and assets in 2026

Full-time equivalents

5.9

▼ 0.2 vs 2025

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 497,314

▲ 27% vs 2025

€ 84,300 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.

Vehicles and equipment

€ 56,384

▼ 14% vs 2025

Of which on lease € 24,621.

Debts at end 2026

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 327,319

▲ 119% vs 2025

€ 20,001 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 268,341

▼ 35% vs 2025

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 72,744

▲ 238% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Gross margin	€ 647,711 Gross margin 2023: € 647,711 First fiscal year in the series	€ 659,450 Gross margin 2024: € 659,450 ▲ 2% vs 2023 (€ 647,711) Favourable step	€ 462,170 Gross margin 2025: € 462,170 ▼ 30% vs 2024 (€ 659,450) Unfavourable step	€ 703,520 Gross margin 2026: € 703,520 ▲ 52% vs 2025 (€ 462,170) Favourable step	▲ 52%
Profit after taxes	€ 165,541 Profit after taxes 2023: € 165,541 First fiscal year in the series	€ 136,861 Profit after taxes 2024: € 136,861 ▼ 17% vs 2023 (€ 165,541) Unfavourable step	€ -18,479 Profit after taxes 2025: € -18,479 ▼ € 155,340 vs 2024 (€ 136,861) Unfavourable step	€ 85,538 Profit after taxes 2026: € 85,538 ▲ € 104,017 vs 2025 (€ -18,479) Favourable step	▲ € 104,017
Equity	€ 659,204 Equity 2023: € 659,204 First fiscal year in the series	€ 796,065 Equity 2024: € 796,065 ▲ 21% vs 2023 (€ 659,204) Favourable step	€ 702,586 Equity 2025: € 702,586 ▼ 12% vs 2024 (€ 796,065) Unfavourable step	€ 703,123 Equity 2026: € 703,123 Unchanged (€ 702,586) Favourable step
Total debts	€ 618,908 Total debts 2023: € 618,908 First fiscal year in the series	€ 520,778 Total debts 2024: € 520,778 ▼ 16% vs 2023 (€ 618,908) Favourable step	€ 655,915 Total debts 2025: € 655,915 ▲ 26% vs 2024 (€ 520,778) Unfavourable step	€ 753,406 Total debts 2026: € 753,406 ▲ 15% vs 2025 (€ 655,915) Unfavourable step	▲ 15%
Cash	€ 178,906 Cash 2023: € 178,906 First fiscal year in the series	€ 500,896 Cash 2024: € 500,896 ▲ 180% vs 2023 (€ 178,906) Favourable step	€ 346,211 Cash 2025: € 346,211 ▼ 31% vs 2024 (€ 500,896) Unfavourable step	€ 382,638 Cash 2026: € 382,638 ▲ 11% vs 2025 (€ 346,211) Favourable step	▲ 11%
Retained profit	€ 597,231 Retained profit 2023: € 597,231 First fiscal year in the series	€ 734,091 Retained profit 2024: € 734,091 ▲ 23% vs 2023 (€ 597,231) Favourable step	€ 640,612 Retained profit 2025: € 640,612 ▼ 13% vs 2024 (€ 734,091) Unfavourable step	€ 641,150 Retained profit 2026: € 641,150 Unchanged (€ 640,612) Favourable step
Dividend	€ 100,000 Dividend 2023: € 100,000 First fiscal year in the series	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 100,000) Unchanged	€ 75,000 Dividend 2025: € 75,000 Unchanged (€ 0) Unchanged	€ 85,000 Dividend 2026: € 85,000 ▲ 13% vs 2025 (€ 75,000) Unchanged	▲ 13%
Bank debt	€ 117,838 Bank debt 2023: € 117,838 First fiscal year in the series	€ 84,728 Bank debt 2024: € 84,728 ▼ 28% vs 2023 (€ 117,838) Favourable step	€ 149,601 Bank debt 2025: € 149,601 ▲ 77% vs 2024 (€ 84,728) Unfavourable step	€ 327,319 Bank debt 2026: € 327,319 ▲ 119% vs 2025 (€ 149,601) Unfavourable step	▲ 119%
Balance sheet total	€ 1,278,112 Balance sheet total 2023: € 1,278,112 First fiscal year in the series	€ 1,316,843 Balance sheet total 2024: € 1,316,843 ▲ 3% vs 2023 (€ 1,278,112) Unchanged	€ 1,358,501 Balance sheet total 2025: € 1,358,501 ▲ 3% vs 2024 (€ 1,316,843) Unchanged	€ 1,456,530 Balance sheet total 2026: € 1,456,530 ▲ 7% vs 2025 (€ 1,358,501) Unchanged	▲ 7%
Employees (FTE)	6.7 Employees (FTE) 2023: 6.7 First fiscal year in the series	6.7 Employees (FTE) 2024: 6.7 Unchanged (6.7) Unchanged	6.1 Employees (FTE) 2025: 6.1 ▼ 0.6 vs 2024 (6.7) Unchanged	5.9 Employees (FTE) 2026: 5.9 ▼ 0.2 vs 2025 (6.1) Unchanged	▼ 0.2

Key figures of ETABLISSEMENTS NOEL GEORGES, 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 October 2027.

What happened to ETABLISSEMENTS NOEL GEORGES?

What happened at ETABLISSEMENTS NOEL GEORGES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 22, 2026 New annual accounts for financial year 2026: profit of € 85,538. Source: NBB ↗
Apr 8, 1999 New establishment in Wavre. KBO
Dec 31, 1998 Start of the company according to the CBE. KBO

In short

From € 165,541 profit in 2023 to € 85,538 profit in 2026.

Paid € 114,900 in corporate taxes since 2023.

Best year ever: 2023, with € 165,541 profit.

On average € 119,200 of value added per employee in 2026.

Original PDFs at the National Bank ↗

Management

MaDe company 100%

The stake of MaDe company comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

ETABLISSEMENTS NOEL GEORGES

Behind ETABLISSEMENTS NOEL GEORGES is MaDe Company SRL. The shares are held by MaDe company (100%).

Directors

According to the 2026 annual accounts

MaDe Company SRL

Managing director · represented by Maxime Detienne

Shareholders

MaDe company

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue Lavoisier 21

1300 Wavre

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTP ngemachines.be

Technologies

OVH

Hosting & Email

Email provider

Microsoft 365

Hosting

OVH, FR

DNS

OVH DNS

Website info

HTTPS Nee

Languages FR

Features

Security

✗ HTTPS

✓ SPF

✗ DMARC

Network

✓ IPv6

Details

Company number

0465.134.497

VAT number

BE 0465.134.497

Registered office

Avenue Lavoisier 21, 1300 Wavre

Names & denominations

ETABLISSEMENTS NOEL GEORGES · NGE machines

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

31 December 1998

Peppol

Active · Active since 22 Sept 2026

Contact

ngemachines.be

Activities · NACE

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View on CBE Public ↗ Annual accounts (NBB) ↗