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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Two loss years in a row NBB
Negative result in 2025 and 2026.
Financials
Financial year 2026
NBX from Antwerpen, company number BE0578917180, closed financial year 2026 with a result of € -888,245 after tax. For that financial year NBX recorded a gross margin of € -978,812 and equity of € 6.4 million. Compared with financial year 2025, the result moved from € -1.6 million to € -888,245. The company made a loss. 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 17, 2026.
€ 6.4 million
▼ 12% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -888,245
▲ 45 % less loss than in 2025
Profit after tax over the fiscal year.
€ 312,332
▲ 29% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7.1 million.
People and assets in 2026
0.6
▼ 0.7 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 27,911
▼ 63% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 34,787
▼ 29% vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € -1,862,617 | € -2,101,656 | € -1,671,462 | € -978,812 | ▲ € 692,649 |
| Profit after taxes | € -1,937,375 | € -2,050,075 | € -1,614,181 | € -888,245 | ▲ € 725,936 |
| Equity | € 5,049,968 | € 8,949,892 | € 7,335,711 | € 6,447,466 | ▼ 12% |
| Total debts | € 99,947 | € 236,666 | € 85,164 | € 34,787 | ▼ 59% |
| Cash | € 3,798,457 | € 754,423 | € 241,541 | € 312,332 | ▲ 29% |
| Retained profit | € -2,500,032 | € -4,600,108 | € -6,214,289 | € -7,102,534 | ▼ € 888,245 |
| Balance sheet total | € 5,149,915 | € 9,186,558 | € 7,420,875 | € 6,482,253 | ▼ 13% |
| Employees (FTE) | 2 | 0.8 | 1.3 | 0.6 | ▼ 0.7 |
Key figures of NBX, 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 NBX?
What happened at NBX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kara Kyung Wha Byun stepped down as director. NBB
- Remi Bourrette stepped down as director. NBB
- Refleco stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 888,245. Source: NBB ↗
- Kara Kyung Wha Byun became a director. NBB
- Remi Bourrette became a director. NBB
- Erik Saelens became a director. NBB
- Refleco became a director. NBB
In short
From € 1.9 million loss in 2023 to € 888,245 loss in 2026.
Management
The stake of MACHIELS OVERSEAS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NBXBehind NBX is Erik Saelens. The shares are held by MACHIELS OVERSEAS (33%). It owns 100% of NBX-USA LLC itself.
Directors
According to the 2026 annual accounts
Erik Saelens
Director
Also active at: TELLYGENCE KNOWLEDGE NETWORK, GOOSE, NBX-BE, Shelt3r, EXCLUSIVE EVENTS TEAM, BLUE MONKEY
since 2023
Kara Kyung Wha Byun
Director
since 2025 · until 2030
Director · represented by Johan Van Overtveldt
since 2023 · until 2028
Remi Bourrette
Director
since 2025 · until 2030
Shareholders
Participations
NBX-USA LLC
100%
Establishments
Establishment units
Physical locations of this company
Lange Lozanastraat 264
2018 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0578.917.180
- VAT number
- BE 0578.917.180
- Registered office
- Lange Lozanastraat 264, 2018 Antwerpen
- Names & denominations
- NBX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 January 2015
- Peppol
- Active · Active since 4 Nov 2024
- Activities · NACE
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