Financials
Financial year 2025
NICOVAN from Tielt, company number BE0633674175, closed financial year 2025 with a result of € 19,655 after tax. For that financial year NICOVAN recorded a gross margin of € 120,010 and equity of € 130,192. Compared with financial year 2024, the result moved from € 18,969 to € 19,655. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 130,192
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,655
▲ 4% vs 2024
Profit after tax over the fiscal year.
€ 42,875
▲ 112% 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 € 111,192.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 66,530
▲ 7% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 23,362
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 107,306
▼ 14% vs 2024
€ 13,417 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 21,012
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,774
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 89,187 | € 117,068 | € 114,202 | € 120,010 | ▲ 5% |
| Profit after taxes | € 11,277 | € 27,439 | € 18,969 | € 19,655 | ▲ 4% |
| Equity | € 64,129 | € 91,568 | € 110,537 | € 130,192 | ▲ 18% |
| Total debts | € 260,706 | € 195,563 | € 186,572 | € 171,682 | ▼ 8% |
| Cash | € 4,463 | € 8,900 | € 20,237 | € 42,875 | ▲ 112% |
| Land & buildings | € 177,287 | € 168,482 | € 159,678 | € 156,856 | ▼ 2% |
| Retained profit | € 45,129 | € 72,568 | € 91,537 | € 111,192 | ▲ 21% |
| Bank debt | € 159,909 | € 142,483 | € 124,949 | € 107,306 | ▼ 14% |
| Balance sheet total | € 324,835 | € 287,131 | € 297,109 | € 301,873 | ▲ 2% |
Key figures of NICOVAN, 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 NICOVAN?
What happened at NICOVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,655 (▲ 4% vs 2024). Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,277 profit in 2022 to € 19,655 profit in 2025.
Paid € 23,726 in corporate taxes since 2022.
Best year ever: 2023, with € 27,439 profit.
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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
Nico Vanderhaeghen
Director
Establishments
Establishment units
Physical locations of this company
Ter Booye 32
8700 Tielt
Vanderheerenlaan 3B
8760 Tielt
Active since 8 July 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0633.674.175
- VAT number
- BE 0633.674.175
- Registered office
- Ter Booye 32, 8700 Tielt
- Names & denominations
- NICOVAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 July 2015
- Peppol
- Active · Active since 12 Mar 2025
- Activities · NACE
Schrijnwerk
Overige bouwinstallatie
Overige bouwinstallatie, n.e.g.