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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
NG CONSTRUCT from Manage, company number BE0473992676, closed financial year 2025 with a result of € 11,234 after tax. For that financial year NG CONSTRUCT recorded a gross margin of € 55,477 and equity of € -1,973. Compared with financial year 2024, the result moved from € -3,430 to € 11,234. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ -1,973
▲ € 11,234 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,234
▲ still € 3,430 loss in 2024
Profit after tax over the fiscal year.
€ 1,289
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -26,763.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 28,346
▲ 75% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 4,976
Loans from banks and other lenders, long and short.
€ 12,870
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,611
▲ 187% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 82,139 | € 33,817 | € 21,144 | € 55,477 | ▲ 162% |
| Profit after taxes | € 6,752 | € -8,129 | € -3,430 | € 11,234 | ▲ € 14,663 |
| Equity | € -1,648 | € -9,777 | € -13,206 | € -1,973 | ▲ € 11,234 |
| Total debts | € 41,209 | € 56,340 | € 33,655 | € 28,003 | ▼ 17% |
| Cash | € 5,806 | € 2,494 | € 2,218 | € 1,289 | ▼ 42% |
| Retained profit | € -26,438 | € -34,567 | € -37,996 | € -26,763 | ▲ € 11,234 |
| Bank debt | € 5,906 | € 2,696 | € 4,991 | € 4,976 | |
| Balance sheet total | € 39,562 | € 46,563 | € 20,449 | € 26,031 | ▲ 27% |
Key figures of NG CONSTRUCT, 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 July 2027.
What happened to NG CONSTRUCT?
What happened at NG CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,234. Source: NBB ↗
- New establishment in Manage. KBO
- Start of the company according to the CBE. KBO
- Luiggi NICELLI became a director. NBB
In short
From € 6,752 profit in 2022 to € 11,234 profit in 2025.
Paid € 7,666 in corporate taxes since 2022.
Best year ever: 2025, with € 11,234 profit.
Management
Behind NG CONSTRUCT is Luiggi NICELLI.
Directors
According to the 2025 annual accounts
Luiggi NICELLI
Manager
since 2001
Establishments
Establishment units
Physical locations of this company
Rue de Bascoup 283
7170 Manage
Rue de Bascoup 283 box 17
7170 Manage
Active since 12 February 2001
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
Self-hosted
Hosting
OVH, FR
Website info
Features
Security
Details
- Company number
- 0473.992.676
- VAT number
- BE 0473.992.676
- Registered office
- Rue de Bascoup 283, 7170 Manage
- Names & denominations
- NG CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 February 2001
- Peppol
- Active · Active since 13 Jan 2026
- Contact
- ngconstruct.be
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