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 61 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
NIVIC from Oostende, company number BE0474940011, closed financial year 2025 with a result of € 25,838 after tax. For that financial year NIVIC recorded a gross margin of € 394,757 and equity of € 230,541. Compared with financial year 2024, the result moved from € 33,842 to € 25,838. 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 June 23, 2026.
€ 230,541
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,838
▼ 24% vs 2024
Profit after tax over the fiscal year.
€ 106,150
▲ € 85,423 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4,711 paid out
18 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
5
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 253,387
▲ 2% vs 2024
€ 50,700 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.
€ 32,954
▼ 14% vs 2024
Of which on lease € 20,373.
Debts at end 2025
€ 672,334
▲ 11% vs 2024
€ 87,357 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 130,658
▲ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 38,001
▲ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 459,192 | € 336,924 | € 388,601 | € 394,757 | ▲ 2% |
| Profit after taxes | € 111,602 | € 12,046 | € 33,842 | € 25,838 | ▼ 24% |
| Equity | € 179,316 | € 191,361 | € 209,414 | € 230,541 | ▲ 10% |
| Total debts | € 572,981 | € 807,002 | € 789,090 | € 1,165,917 | ▲ 48% |
| Cash | € 147,375 | € 28,585 | € 20,727 | € 106,150 | ▲ € 85,423 |
| Land & buildings | € 487,917 | € 688,118 | € 759,500 | € 794,558 | ▲ 5% |
| Retained profit | € 173,116 | € 185,161 | € 203,214 | € 224,341 | ▲ 10% |
| Dividend | € 0 | € 0 | € 15,789 | € 4,711 | ▼ 70% |
| Bank debt | € 451,304 | € 632,670 | € 605,793 | € 672,334 | ▲ 11% |
| Balance sheet total | € 785,986 | € 1,030,731 | € 1,029,306 | € 1,425,694 | ▲ 39% |
| Employees (FTE) | 4.1 | 5.3 | 4.5 | 5 | ▲ 0.5 |
Key figures of NIVIC, 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 NIVIC?
What happened at NIVIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 25,838 (▼ 24% vs 2024). Source: NBB ↗
- New establishment in Gistel. KBO
- Wesley Pierloot became a director. NBB
- Inge Vandekerckhove became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 111,602 profit in 2022 to € 25,838 profit in 2025.
Paid € 33,717 in corporate taxes since 2022.
Best year ever: 2022, with € 111,602 profit.
On average € 79,000 of value added per employee in 2025.
Management
Behind NIVIC are Wesley Pierloot and Inge Vandekerckhove.
Directors
According to the 2025 annual accounts
Wesley Pierloot
Director
since 2022
Inge Vandekerckhove
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Oudenburgsesteenweg 31 box H4
8400 Oostende
Oudenburgsesteenweg 31 box F18
8400 Oostende
Active since 7 July 2011
Stationsstraat 42
8470 Gistel
Active since 22 August 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →Het Compas
€ 154,941 gross margin · 2024
PUBLICAE
€ 17,180 gross margin · 2025
DEKUYPER PRODUCTS
€ 490,411 gross margin · 2025
Cspect
€ 857,654 gross margin · 2025
HIELE & DEFREYNE
€ 145,242 gross margin · 2025
+10 more
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
ONECOM, DK
Domain
Domain
nivic.be
Registered
2011-08-22
Website info
Features
Security
Network
Details
- Company number
- 0474.940.011
- VAT number
- BE 0474.940.011
- Registered office
- Oudenburgsesteenweg 31 bus H4, 8400 Oostende
- Names & denominations
- NIVIC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 June 2001
- Peppol
- Active · Active since 21 Jul 2025
- Contact
- nivic.be
- Activities · NACE
Schrijnwerk