Financials
Financial year 2025
Nardo from Kortrijk, company number BE0646678016, closed financial year 2025 with a result of € 12,526 after tax. For that financial year Nardo recorded a gross margin of € 252,887 and equity of € 214,771. Compared with financial year 2024, the result moved from € 51,036 to € 12,526. The company is profitable. 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 March 16, 2026.
€ 214,771
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,526
▼ 75% vs 2024
Profit after tax over the fiscal year.
€ 89,831
▲ 171% 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 € 164,771.
People and assets in 2025
3
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 238,998
▼ 17% vs 2024
€ 79,700 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 48,856
▼ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 39,780
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 308,758 | € 287,087 | € 435,859 | € 252,887 | ▼ 42% |
| Profit after taxes | € 45,748 | € 40,750 | € 51,036 | € 12,526 | ▼ 75% |
| Equity | € 110,458 | € 151,208 | € 202,244 | € 214,771 | ▲ 6% |
| Total debts | € 295,870 | € 266,627 | € 320,015 | € 249,480 | ▼ 22% |
| Cash | € 50,063 | € 12,282 | € 33,097 | € 89,831 | ▲ 171% |
| Retained profit | € 60,458 | € 101,208 | € 152,244 | € 164,771 | ▲ 8% |
| Bank debt | € 20,000 | € 40,000 | € 0 | € 0 | |
| Balance sheet total | € 406,328 | € 417,835 | € 558,712 | € 464,251 | ▼ 17% |
| Employees (FTE) | 3.1 | 2.6 | 2.9 | 3 | ▲ 0.1 |
Key figures of Nardo, 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 April 2027.
What happened to Nardo?
What happened at Nardo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,526 (▼ 75% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,748 profit in 2022 to € 12,526 profit in 2025.
Paid € 79,408 in corporate taxes since 2022.
Best year ever: 2024, with € 51,036 profit.
On average € 84,300 of value added per employee in 2025.
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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 Humon comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NardoBehind Nardo is Karel Vanhuyse. The shares are held by Humon (95%).
Directors
According to the 2025 annual accounts
Karel Vanhuyse
Director
Shareholders
95%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bissegemsestraat(Bis) 47
8501 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0646.678.016
- VAT number
- BE 0646.678.016
- Registered office
- Bissegemsestraat(Bis) 47, 8501 Kortrijk
- Names & denominations
- Nardo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 2016
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Groothandel in verlichtingsapparatuur
Vervaardiging van platen, vellen, buizen en profielen van kunststof
Handelsbemiddeling in de groothandel in andere specifieke goederen
Handelsbemiddeling in de niet-gespecialiseerde groothandel