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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
NSE-MANAGEMENT COMPANY from Hamme (Vl.), company number BE0641753483, closed financial year 2024 with a result of € -13,123 after tax. For that financial year NSE-MANAGEMENT COMPANY recorded a gross margin of € -7,977 and equity of € -210,718. Compared with financial year 2023, the result moved from € -84,048 to € -13,123. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 11, 2025.
€ -210,718
▼ € 13,123 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,123
▲ 84 % less loss than in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -229,318.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
€ 15,768
▼ 39% vs 2023
Loans from banks and other lenders, long and short.
€ 7,591
▲ € 5,990 vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 811,718 | - | - | - | |
| Gross margin | € 400,985 | € 1,802 | € -4,667 | € -7,977 | ▼ € 3,310 |
| Profit after taxes | € 3,605 | € -82,982 | € -84,048 | € -13,123 | ▲ € 70,925 |
| Equity | € -30,566 | € -113,548 | € -197,596 | € -210,718 | ▼ € 13,123 |
| Total debts | € 389,619 | € 249,066 | € 215,323 | € 309,179 | ▲ 44% |
| Cash | € 38,362 | - | - | - | |
| Retained profit | € -49,166 | € -132,148 | € -216,196 | € -229,318 | ▼ € 13,123 |
| Bank debt | € 224,253 | € 41,047 | € 25,968 | € 15,768 | ▼ 39% |
| Balance sheet total | € 359,053 | € 135,518 | € 17,727 | € 98,461 | ▲ € 80,733 |
Key figures of NSE-MANAGEMENT COMPANY, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to NSE-MANAGEMENT COMPANY?
What happened at NSE-MANAGEMENT COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 13,123. Source: NBB ↗
- New establishment in Hamme (Vl.). KBO
- Start of the company according to the CBE. KBO
- Ibrahim Akbulut became a director. NBB
In short
From € 3,605 profit in 2021 to € 13,123 loss in 2024.
Paid € 27,812 in corporate taxes since 2021.
Best year ever: 2021, with € 3,605 profit.
Management
Behind NSE-MANAGEMENT COMPANY is Ibrahim Akbulut. Ibrahim Akbulut is also behind NSE-INFRA.
Directors
According to the 2024 annual accounts
since 2015
Establishments
Establishment units
Physical locations of this company
Zwaarveld 11 box Y
9220 Hamme (Vl.)
Albert Van Heckelaan 7
9220 Hamme (Vl.)
Active since 21 October 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →DE CLERCQ INVEST
€ 87,677 gross margin · 2025
VERCAUTEREN RONNY
€ 986,299 gross margin · 2025
Dos Hermanos
€ 49,751 gross margin · 2025
Tim GOVAERT Gevelrenovatie
€ 521,561 gross margin · 2025
NSE-INFRA same network
€ 573,605 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0641.753.483
- VAT number
- BE 0641.753.483
- Registered office
- Zwaarveld 11 bus Y, 9220 Hamme (Vl.)
- Names & denominations
- NSE-MANAGEMENT COMPANY · NMC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 October 2015
- Peppol
- Active · Active since 23 Nov 2025
- Activities · NACE
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