Financials
Financial year 2025
NM LAW from Elsene, company number BE0479213850, closed financial year 2025 with a result of € 625,470 after tax. For that financial year NM LAW recorded a gross margin of € 802,327 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 665,740 to € 625,470. The company is profitable. 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 September 30, 2026.
€ 1.8 million
▼ 34% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 625,470
▼ 6% vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.6 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 23,922
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 357,569
▼ 16% vs 2024
€ 70,367 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 8,764
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 144,049
▼ 49% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 878,700 | € 805,687 | € 1,045,225 | € 802,327 | ▼ 23% |
| Profit after taxes | € 580,694 | € 502,101 | € 665,740 | € 625,470 | ▼ 6% |
| Equity | € 2,007,309 | € 2,344,711 | € 2,759,431 | € 1,810,866 | ▼ 34% |
| Total debts | € 830,923 | € 829,094 | € 982,175 | € 1,843,068 | ▲ 88% |
| Cash | € 889,870 | € 1,199,903 | € 1,138,393 | € 1,193,833 | ▲ 5% |
| Land & buildings | € 1,168,156 | € 1,117,243 | € 1,066,331 | € 1,042,809 | ▼ 2% |
| Retained profit | € 1,994,909 | € 2,332,311 | € 2,745,171 | € 1,796,606 | ▼ 35% |
| Dividend | € 75,455 | € 164,699 | € 251,020 | € 1,574,035 | ▲ € 1.3 million |
| Bank debt | € 561,725 | € 494,800 | € 423,193 | € 357,569 | ▼ 16% |
| Balance sheet total | € 2,838,232 | € 3,173,805 | € 3,741,605 | € 3,653,934 | ▼ 2% |
Key figures of NM LAW, 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 NM LAW?
What happened at NM LAW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 625,470 (▼ 6% vs 2024). filed late Source: NBB ↗
- Nikolay MIZULIN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 580,694 profit in 2022 to € 625,470 profit in 2025.
Paid € 924,261 in corporate taxes since 2022.
Best year ever: 2024, with € 665,740 profit.
Paid out € 2.1 million in dividends to the owners in total.
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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
Directors
According to the 2025 annual accounts
Nikolay MIZULIN
Manager
since 2005
Establishments
Establishment units
Physical locations of this company
Washingtonstraat 140
1050 Elsene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.213.850
- VAT number
- BE 0479.213.850
- Registered office
- Washingtonstraat 140, 1050 Elsene
- Names & denominations
- NM LAW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 2003
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
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