Financials
Financial year 2025
SPINECO, Docteur Nicaise from Namur, company number BE0507625447, closed financial year 2025 with a result of € 154,766 after tax. For that financial year SPINECO, Docteur Nicaise recorded a gross margin of € 238,190 and equity of € 91,491. Compared with financial year 2024, the result moved from € 78,581 to € 154,766. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2026.
€ 91,491
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 154,766
▲ 97% vs 2024
Profit after tax over the fiscal year.
€ 98,544
▲ 160% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 173,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 16,502
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15,298
▼ 40% vs 2024
€ 8,319 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 66
▲ € 58 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,246
▲ 126% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 204,792 | € 242,245 | € 169,226 | € 238,190 | ▲ 41% |
| Profit after taxes | € 157,044 | € 133,563 | € 78,581 | € 154,766 | ▲ 97% |
| Equity | € 44,698 | € 45,261 | € 109,725 | € 91,491 | ▼ 17% |
| Total debts | € 228,804 | € 177,065 | € 26,296 | € 190,610 | ▲ € 164,314 |
| Cash | € 156,358 | € 157,939 | € 37,888 | € 98,544 | ▲ 160% |
| Retained profit | € 24,238 | € 24,801 | € 89,265 | € 71,031 | ▼ 20% |
| Dividend | € 203,000 | € 133,000 | € 14,118 | € 173,000 | ▲ € 158,882 |
| Bank debt | € 53,281 | € 32,363 | € 25,295 | € 15,298 | ▼ 40% |
| Balance sheet total | € 273,502 | € 254,651 | € 164,935 | € 311,930 | ▲ 89% |
Key figures of SPINECO, Docteur Nicaise, 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 SPINECO, Docteur Nicaise?
What happened at SPINECO, Docteur Nicaise in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 154,766 (▲ 97% vs 2024). filed late Source: NBB ↗
- New establishment in Ottignies-Louvain-la-Neuve. KBO
- Start of the company according to the CBE. KBO
In short
From € 157,044 profit in 2022 to € 154,766 profit in 2025.
Paid € 134,584 in corporate taxes since 2022.
Best year ever: 2022, with € 157,044 profit.
Paid out € 523,118 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
Behind SPINECO, Docteur Nicaise is Nicole NICAISE.
Directors
According to the 2025 annual accounts
Nicole NICAISE
Director
Establishments
Establishment units
Physical locations of this company
Avenue Albert 1er 40 box 51
5000 Namur
Avenue du Grand Cortil 42/B
1348 Ottignies-Louvain-la-Neuve
Active since 22 December 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0507.625.447
- VAT number
- BE 0507.625.447
- Registered office
- Avenue Albert 1er 40 bus 51, 5000 Namur
- Names & denominations
- SPINECO, Docteur Nicaise
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2014
- Peppol
- Active · Active since 6 Apr 2026
- Activities · NACE
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