Financials
Financial year 2025
ETABLISSEMENTS NOEL GEORGES from Wavre, company number BE0465134497, closed financial year 2025 with a result of € -18,479 after tax. For that financial year ETABLISSEMENTS NOEL GEORGES recorded a gross margin of € 462,170 and equity of € 702,586. Compared with financial year 2024, the result moved from € 136,861 to € -18,479. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 13, 2025.
€ 702,586
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,479
▼ still € 136,861 profit in 2024
Profit after tax over the fiscal year.
€ 346,211
▼ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 640,612.
People and assets in 2025
6.1
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 392,901
▼ 3% vs 2024
€ 64,400 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.
€ 65,210
▼ 39% vs 2024
Of which on lease € 34,923.
Debts at end 2025
€ 149,601
▲ 77% vs 2024
€ 45,125 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 409,800
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,512
▼ 62% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 485,422 | € 647,711 | € 659,450 | € 462,170 | ▼ 30% |
| Profit after taxes | € 73,359 | € 165,541 | € 136,861 | € -18,479 | ▼ € 155,340 |
| Equity | € 593,663 | € 659,204 | € 796,065 | € 702,586 | ▼ 12% |
| Total debts | € 513,345 | € 618,908 | € 520,778 | € 655,915 | ▲ 26% |
| Cash | € 298,508 | € 178,906 | € 500,896 | € 346,211 | ▼ 31% |
| Retained profit | € 531,690 | € 597,231 | € 734,091 | € 640,612 | ▼ 13% |
| Dividend | € 0 | € 100,000 | € 0 | € 75,000 | |
| Bank debt | € 102,125 | € 117,838 | € 84,728 | € 149,601 | ▲ 77% |
| Balance sheet total | € 1,107,009 | € 1,278,112 | € 1,316,843 | € 1,358,501 | ▲ 3% |
| Employees (FTE) | 5.8 | 6.7 | 6.7 | 6.1 | ▼ 0.6 |
Key figures of ETABLISSEMENTS NOEL GEORGES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
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:
- New annual accounts for financial year 2025: loss of € 18,479 (▼ € 155,340 vs 2024). Source: NBB ↗
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 73,359 profit in 2022 to € 18,479 loss in 2025.
Paid € 111,519 in corporate taxes since 2022.
Best year ever: 2023, with € 165,541 profit.
On average € 75,800 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
The stake of MaDe company comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ETABLISSEMENTS NOEL GEORGESBehind ETABLISSEMENTS NOEL GEORGES is MaDe Company SRL. The shares are held by MaDe company (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Maxime Detienne
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
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
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Network
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 1 Jan 2001
- Contact
- ngemachines.be
- Activities · NACE
Groothandel in machines, werktuigen en toebehoren voor de landbouw
Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw
Reparatie en onderhoud van huishoudapparaten en van werktuigen voor gebruik in huis en tuin
Detailhandel in andere tweedehandsgoederen, muv tweedehandskleding
Detailhandel in ijzerwaren en gereedschappen