Financials
Financial year 2026
Baku New Generation from Nazareth-De Pinte, company number BE0555934219, closed financial year 2026 with a result of € 370,207 after tax. For that financial year Baku New Generation recorded a gross margin of € 1.1 million and equity of € 240,149. Compared with financial year 2025, the result moved from € 524,520 to € 370,207. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 240,149
▼ 33% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 370,207
▼ 29% vs 2025
Profit after tax over the fiscal year.
€ 542,964
▲ 31% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 488,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
7.7
▲ 0.8 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 547,792
▲ 12% vs 2025
€ 71,100 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.
€ 116,146
▲ 112% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 96,557
▼ 17% vs 2025
€ 19,738 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 205,814
▼ 8% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 79,333
▲ 13% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,389,652 | € 1,361,305 | € 1,232,838 | € 1,095,823 | ▼ 11% |
| Profit after taxes | € 695,169 | € 645,530 | € 524,520 | € 370,207 | ▼ 29% |
| Equity | € 355,092 | € 333,422 | € 357,942 | € 240,149 | ▼ 33% |
| Total debts | € 1,092,432 | € 1,446,720 | € 1,114,305 | € 1,415,435 | ▲ 27% |
| Cash | € 356,221 | € 986,888 | € 413,211 | € 542,964 | ▲ 31% |
| Land & buildings | € 186,809 | € 208,275 | € 193,270 | € 189,823 | ▼ 2% |
| Retained profit | € 336,492 | € 314,822 | € 339,342 | € 221,549 | ▼ 35% |
| Dividend | € 830,000 | € 667,200 | € 500,000 | € 488,000 | ▼ 2% |
| Bank debt | € 152,840 | € 134,560 | € 115,800 | € 96,557 | ▼ 17% |
| Balance sheet total | € 1,447,524 | € 1,780,141 | € 1,472,247 | € 1,655,584 | ▲ 12% |
| Employees (FTE) | 7.2 | 7.1 | 6.9 | 7.7 | ▲ 0.8 |
Key figures of Baku New Generation, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Baku New Generation?
What happened at Baku New Generation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 370,207 (▼ 29% vs 2025). Source: NBB ↗
- Marc Kurris became a director. NBB
- NOMACON BV became a director. NBB
- New establishment in Nazareth-De Pinte. KBO
- Start of the company according to the CBE. KBO
In short
From € 695,169 profit in 2023 to € 370,207 profit in 2026.
Paid € 770,896 in corporate taxes since 2023.
Best year ever: 2023, with € 695,169 profit.
On average € 142,300 of value added per employee in 2026.
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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 Baku New Generation are Marc Kurris and NOMACON BV. The shares are held by NOMACON BV (40.9%) and ARIKO BV (18.3%).
Directors
According to the 2026 annual accounts
Persoon belast met dagelijks bestuur · represented by Brecht De Geest
since 2019
Shareholders
40.9%
18.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Grote steenweg 1
9840 Nazareth-De Pinte
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
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
view.design
Registered
2017-09-11
Registrar
www.publicdomainregistry.com
Expires
2026-09-11
Website info
Features
Security
Network
Details
- Company number
- 0555.934.219
- VAT number
- BE 0555.934.219
- Registered office
- Grote steenweg 1, 9840 Nazareth-De Pinte
- Names & denominations
- Baku New Generation
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 2014
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- view.design
- Activities · NACE
Detailhandel in overige bouwmaterialen, neg
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden
Installatie van isolatie
Isolatiewerkzaamheden