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 17 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Nestor from Sint-Martens-Latem, company number BE0642970240, closed financial year 2025 with a result of € 2.3 million after tax. For that financial year Nestor recorded revenue of € 13.7 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 2.2 million to € 2.3 million. Profitable, and profit is growing. The buffer shrank hard: equity is 55 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 1.4 million
▼ 55% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.3 million
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 556,740
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
156.9
▲ 2.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 11.1 million
▲ 12% vs 2024
€ 70,900 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.
€ 34,621
▲ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10.3 million
▲ 17% vs 2024
€ 488,812 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 401,372
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 87 days on average.
€ 757,824
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 12,578,683 | € 13,724,198 | ▲ 9% |
| Gross margin | € 9,124,267 | € 8,421,388 | - | - | |
| Profit after taxes | € 2,728,697 | € 909,182 | € 2,201,977 | € 2,348,511 | ▲ 7% |
| Equity | € 911,988 | € 1,321,170 | € 3,023,147 | € 1,371,658 | ▼ 55% |
| Total debts | € 2,218,187 | € 11,461,897 | € 10,813,974 | € 15,899,329 | ▲ 47% |
| Cash | € 1,109,142 | € 455,601 | € 1,320,484 | € 556,740 | ▼ 58% |
| Retained profit | € 850,488 | € 1,259,670 | € 2,961,647 | € 1,310,158 | ▼ 56% |
| Dividend | € 2,657,049 | € 500,000 | € 500,000 | € 4,000,000 | ▲ € 3.5 million |
| Bank debt | € 427,261 | € 9,774,220 | € 8,798,994 | € 10,330,451 | ▲ 17% |
| Balance sheet total | € 3,130,175 | € 12,783,067 | € 13,837,121 | € 17,270,988 | ▲ 25% |
| Employees (FTE) | 114.1 | 141.2 | 154.2 | 156.9 | ▲ 2.7 |
Key figures of Nestor, 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 Nestor?
What happened at Nestor in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.3 million (▲ 7% vs 2024). Source: NBB ↗
- Nestor Holding became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.7 million profit in 2022 to € 2.3 million profit in 2025.
Paid € 752,449 in corporate taxes since 2022.
Best year ever: 2022, with € 2.7 million profit.
On average € 59,600 of value added per employee in 2023.
A new publication or filing at Nestor? We notify you, reason included.
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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
The stake of Nestor Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NestorBehind Nestor is Nestor Holding. The shares are held by Nestor Holding (100%). It owns 100% of Uitzendbureau 65Plus and 100% of Ervaren Jaren itself.
Directors
According to the 2025 annual accounts
Director · represented by Mathieu Vandenhende
since 2022
Shareholders
100%
Participations
Uitzendbureau 65Plus
100%
Ervaren Jaren
100%
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 180 box 5
9830 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
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+11 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
- 0642.970.240
- VAT number
- BE 0642.970.240
- Registered office
- Kortrijksesteenweg 180 bus 5, 9830 Sint-Martens-Latem
- Names & denominations
- Nestor
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 November 2015
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van uitzendbureaus en andere diensten in verband met personeelsvoorziening
Arbeidsbemiddeling
Overige zakelijke dienstverlening, neg