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 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Nassau 31 from Gent, company number BE0633890545, closed financial year 2025 with a result of € 853 after tax. For that financial year Nassau 31 recorded a gross margin of € 55,402 and equity of € 18,658. Compared with financial year 2024, the result moved from € 11,416 to € 853. 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 December 19, 2025.
€ 18,658
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 853
▼ 93% vs 2024
Profit after tax over the fiscal year.
€ 2,503
▼ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 853 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 35,449
▼ 8% 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.
€ 395
▼ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 172,657
▼ 9% vs 2024
€ 17,244 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 11,255
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,454
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 40,714 | € 59,574 | € 70,417 | € 55,402 | ▼ 21% |
| Profit after taxes | € -9,639 | € -958 | € 11,416 | € 853 | ▼ 93% |
| Equity | € 9,019 | € 8,061 | € 18,658 | € 18,658 | |
| Total debts | € 343,988 | € 329,961 | € 318,233 | € 298,458 | ▼ 6% |
| Cash | € 1,023 | € 12,257 | € 10,295 | € 2,503 | ▼ 76% |
| Land & buildings | € 246,142 | € 241,778 | € 237,414 | € 233,050 | ▼ 2% |
| Retained profit | € 2,719 | € 1,761 | € 12,358 | € 12,358 | |
| Dividend | € 0 | € 0 | € 819 | € 853 | ▲ 4% |
| Bank debt | € 224,963 | € 206,177 | € 189,577 | € 172,657 | ▼ 9% |
| Balance sheet total | € 353,008 | € 338,022 | € 336,891 | € 317,116 | ▼ 6% |
Key figures of Nassau 31, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Nassau 31?
What happened at Nassau 31 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 853 (▼ 93% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,639 loss in 2022 to € 853 profit in 2025.
Paid € 1,784 in corporate taxes since 2022.
Best year ever: 2024, with € 11,416 profit.
Paid out € 1,672 in dividends to the owners in total.
Management
Behind Nassau 31 is Stefan Seynaeve. Stefan Seynaeve is also behind MARKEE.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 31
9000 Gent
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
Self-hosted
Hosting
AMAZON-02 - Amazon.com, Inc., US
Website info
Features
Security
Details
- Company number
- 0633.890.545
- VAT number
- BE 0633.890.545
- Registered office
- Kortrijksesteenweg 31, 9000 Gent
- Names & denominations
- Nassau 31
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 July 2015
- Peppol
- Active · Active since 12 Feb 2025
- Contact
- versgent.be
- Activities · NACE
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