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 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NIBECO from Fernelmont, company number BE0568924202, closed financial year 2025 with a result of € 20,705 after tax. For that financial year NIBECO recorded a gross margin of € 594,620 and equity of € 151,055. Compared with financial year 2024, the result moved from € 52,526 to € 20,705. 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 August 27, 2026.
€ 151,055
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,705
▼ 61% vs 2024
Profit after tax over the fiscal year.
€ 15,693
▲ 140% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -38,945.
People and assets in 2025
7.3
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 440,323
▲ 25% vs 2024
€ 60,300 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.
€ 88,523
▼ 38% vs 2024
Of which on lease € 79,782.
Debts at end 2025
€ 473,593
€ 99,897 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 63,130
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 206,094
▲ 42% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 208,861 | € 482,316 | € 532,263 | € 594,620 | ▲ 12% |
| Profit after taxes | € -170,113 | € 88,401 | € 52,526 | € 20,705 | ▼ 61% |
| Equity | € -110,578 | € -22,177 | € 130,349 | € 151,055 | ▲ 16% |
| Total debts | € 1,052,093 | € 884,726 | € 813,189 | € 775,576 | ▼ 5% |
| Cash | € 9,544 | € 26,835 | € 6,536 | € 15,693 | ▲ 140% |
| Land & buildings | € 497,637 | € 467,750 | € 552,819 | € 578,349 | ▲ 5% |
| Retained profit | € -200,578 | € -112,177 | € -59,651 | € -38,945 | ▲ € 20,705 |
| Bank debt | € 672,611 | € 572,787 | € 475,096 | € 473,593 | |
| Balance sheet total | € 941,515 | € 862,549 | € 943,538 | € 926,631 | ▼ 2% |
| Employees (FTE) | - | 5.3 | 6.4 | 7.3 | ▲ 0.9 |
Key figures of NIBECO, 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 NIBECO?
What happened at NIBECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,705 (▼ 61% vs 2024). filed late Source: NBB ↗
- New establishment in Fernelmont. KBO
- Start of the company according to the CBE. KBO
In short
From € 170,113 loss in 2022 to € 20,705 profit in 2025.
Paid € 518 in corporate taxes since 2022.
Best year ever: 2023, with € 88,401 profit.
On average € 81,500 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Rue de la Petite Bolette,ZI,Nov. 16
5380 Fernelmont
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0568.924.202
- VAT number
- BE 0568.924.202
- Registered office
- Rue de la Petite Bolette,ZI,Nov. 16, 5380 Fernelmont
- Names & denominations
- NIBECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 2015
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Vervaardiging van keukenmeubelen
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