NITICO is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 14 October 2002, 1 establishment.

What is the address of NITICO?

The registered office of NITICO is located at Rootstraat 93, 3510 Hasselt.

Is NITICO still active?

Yes. According to the CBE (30 October 2026) NITICO is active, legal situation “Normale toestand”, started on 14 October 2002.

Is NITICO registered on Peppol?

Yes, NITICO is registered on the Peppol network with ID 0208:0478560881.

What is the enterprise number of NITICO?

The enterprise number of NITICO is BE0478560881.

When was NITICO founded?

NITICO was founded on 14 October 2002.

Who are the directors of NITICO?

According to the 2024 annual accounts, the directors of NITICO are: JOHAN PAENHUYSEN.

Is NITICO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 October 2002; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did NITICO make in 2024?

NITICO posted a profit after taxes of € 209,708 in financial year 2024.

What is the revenue of NITICO?

As a small company, NITICO is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 466,633.

NITICO (Private Limited) - Hasselt - BE0478560881

Dossier NITICO, printed on 30 October 2026 from databakkes.be/en/0478560881/nitico. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2024

NITICO from Hasselt, company number BE0478560881, closed financial year 2024 with a result of € 209,708 after tax. For that financial year NITICO recorded a gross margin of € 466,633 and equity of € 1.4 million. Compared with financial year 2023, the result moved from € 147,042 to € 209,708. 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 August 31, 2025.

What it is worth Growing

€ 1.4 million

▲ 18% vs 2023

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

Profit Growing

€ 209,708

▲ 43% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 5,443

▼ 70% vs 2023

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

Where the profit goes Pays out

€ 1,666 paid out

1 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2024

Vehicles and equipment

€ 76,339

▼ 24% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 4 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.

€ 824,322

▼ 14% vs 2023

€ 190,796 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 17,782

▼ 77% vs 2023

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

Taxes and wages

€ 95,528

▲ 173% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 336,359 Gross margin 2021: € 336,359 First fiscal year in the series	€ 401,903 Gross margin 2022: € 401,903 ▲ 19% vs 2021 (€ 336,359) Favourable step	€ 367,579 Gross margin 2023: € 367,579 ▼ 9% vs 2022 (€ 401,903) Unfavourable step	€ 466,633 Gross margin 2024: € 466,633 ▲ 27% vs 2023 (€ 367,579) Favourable step	▲ 27%
Profit after taxes	€ 137,194 Profit after taxes 2021: € 137,194 First fiscal year in the series	€ 183,703 Profit after taxes 2022: € 183,703 ▲ 34% vs 2021 (€ 137,194) Favourable step	€ 147,042 Profit after taxes 2023: € 147,042 ▼ 20% vs 2022 (€ 183,703) Unfavourable step	€ 209,708 Profit after taxes 2024: € 209,708 ▲ 43% vs 2023 (€ 147,042) Favourable step	▲ 43%
Equity	€ 830,737 Equity 2021: € 830,737 First fiscal year in the series	€ 1,012,841 Equity 2022: € 1,012,841 ▲ 22% vs 2021 (€ 830,737) Favourable step	€ 1,158,283 Equity 2023: € 1,158,283 ▲ 14% vs 2022 (€ 1,012,841) Favourable step	€ 1,366,325 Equity 2024: € 1,366,325 ▲ 18% vs 2023 (€ 1,158,283) Favourable step	▲ 18%
Total debts	€ 1,325,096 Total debts 2021: € 1,325,096 First fiscal year in the series	€ 1,399,259 Total debts 2022: € 1,399,259 ▲ 6% vs 2021 (€ 1,325,096) Unfavourable step	€ 1,310,284 Total debts 2023: € 1,310,284 ▼ 6% vs 2022 (€ 1,399,259) Favourable step	€ 1,188,706 Total debts 2024: € 1,188,706 ▼ 9% vs 2023 (€ 1,310,284) Favourable step	▼ 9%
Cash	€ 19,998 Cash 2021: € 19,998 First fiscal year in the series	€ 29,022 Cash 2022: € 29,022 ▲ 45% vs 2021 (€ 19,998) Favourable step	€ 18,326 Cash 2023: € 18,326 ▼ 37% vs 2022 (€ 29,022) Unfavourable step	€ 5,443 Cash 2024: € 5,443 ▼ 70% vs 2023 (€ 18,326) Unfavourable step	▼ 70%
Land & buildings	€ 1,347,745 Land & buildings 2021: € 1,347,745 First fiscal year in the series	€ 1,316,902 Land & buildings 2022: € 1,316,902 ▼ 2% vs 2021 (€ 1,347,745) Unchanged	€ 1,904,146 Land & buildings 2023: € 1,904,146 ▲ 45% vs 2022 (€ 1,316,902) Unchanged	€ 1,855,764 Land & buildings 2024: € 1,855,764 ▼ 3% vs 2023 (€ 1,904,146) Unchanged	▼ 3%
Retained profit	€ 542,137 Retained profit 2021: € 542,137 First fiscal year in the series	€ 724,241 Retained profit 2022: € 724,241 ▲ 34% vs 2021 (€ 542,137) Favourable step	€ 869,683 Retained profit 2023: € 869,683 ▲ 20% vs 2022 (€ 724,241) Favourable step	€ 1,077,725 Retained profit 2024: € 1,077,725 ▲ 24% vs 2023 (€ 869,683) Favourable step	▲ 24%
Dividend	€ 1,600 Dividend 2021: € 1,600 First fiscal year in the series	€ 1,600 Dividend 2022: € 1,600 Unchanged (€ 1,600) Unchanged	€ 1,600 Dividend 2023: € 1,600 Unchanged (€ 1,600) Unchanged	€ 1,666 Dividend 2024: € 1,666 ▲ 4% vs 2023 (€ 1,600) Unchanged	▲ 4%
Bank debt	€ 892,731 Bank debt 2021: € 892,731 First fiscal year in the series	€ 976,038 Bank debt 2022: € 976,038 ▲ 9% vs 2021 (€ 892,731) Unfavourable step	€ 956,335 Bank debt 2023: € 956,335 ▼ 2% vs 2022 (€ 976,038) Favourable step	€ 824,322 Bank debt 2024: € 824,322 ▼ 14% vs 2023 (€ 956,335) Favourable step	▼ 14%
Balance sheet total	€ 2,155,834 Balance sheet total 2021: € 2,155,834 First fiscal year in the series	€ 2,412,100 Balance sheet total 2022: € 2,412,100 ▲ 12% vs 2021 (€ 2,155,834) Unchanged	€ 2,468,567 Balance sheet total 2023: € 2,468,567 ▲ 2% vs 2022 (€ 2,412,100) Unchanged	€ 2,555,031 Balance sheet total 2024: € 2,555,031 ▲ 4% vs 2023 (€ 2,468,567) Unchanged	▲ 4%

Key figures of NITICO, 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 NITICO?

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

Aug 31, 2025 New annual accounts for financial year 2024: profit of € 209,708 (▲ 43% vs 2023). filed late Source: NBB ↗
Feb 10, 2003 New establishment in Hasselt. KBO
Oct 14, 2002 Start of the company according to the CBE. KBO
2002 JOHAN PAENHUYSEN became a director. NBB

In short

From € 137,194 profit in 2021 to € 209,708 profit in 2024.

Paid € 217,123 in corporate taxes since 2021.

Best year ever: 2024, with € 209,708 profit.

Paid out € 6,466 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

JOHAN PAENHUYSEN

NITICO

ZEEBRUGSE MEUBELCENTRALE

CEILING SYSTEMS

TRADING K.D.

Behind NITICO is JOHAN PAENHUYSEN. JOHAN PAENHUYSEN is also behind ZEEBRUGSE MEUBELCENTRALE, CEILING SYSTEMS, TRADING K.D., COMPARE PROJECTS and C.S.I. CONSTRUCT.

Directors

According to the 2024 annual accounts

JOHAN PAENHUYSEN

Director

Also active at: ZEEBRUGSE MEUBELCENTRALE, CEILING SYSTEMS, TRADING K.D., COMPARE PROJECTS, C.S.I. CONSTRUCT, COPATECH

since 2002

Establishments

Establishment units

Physical locations of this company

Registered office

Rootstraat 93

3510 Hasselt

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

CEILING SYSTEMS same network

€ 173,183 gross margin · 2024

C.S.I. CONSTRUCT same network

€ 358,759 gross margin · 2024

COPATECH same network

€ -6,726 gross margin · 2025

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

Details

Company number

0478.560.881

VAT number

BE 0478.560.881

Registered office

Rootstraat 93, 3510 Hasselt

Names & denominations

NITICO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

14 October 2002

Peppol

Active · Active since 26 Mar 2025

Activities · NACE

Activiteiten van holdings

Managementactiviteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

NITICO

Financials

What happened to NITICO?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions