Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 3.4 to 1.8.
Financials
Financial year 2025
Ninety-Three from Hamme (Vl.), company number BE0655705746, closed financial year 2025 with a result of € 4,245 after tax. For that financial year Ninety-Three recorded a gross margin of € 165,499 and equity of € 177,703. Compared with financial year 2024, the result moved from € 48,723 to € 4,245. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2026.
€ 177,703
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,245
▼ 91% vs 2024
Profit after tax over the fiscal year.
€ 151,664
▲ 9% 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 € 171,503.
People and assets in 2025
1.8
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 102,844
▼ 40% vs 2024
€ 57,100 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.
€ 137,953
▼ 28% vs 2024
Of which on lease € 137,953.
Debts at end 2025
€ 159,187
▼ 20% vs 2024
€ 38,202 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 347,665
▲ 258% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,823
▼ 87% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 799,108 | € 830,934 | € 1,064,295 | - | |
| Gross margin | - | - | - | € 165,499 | |
| Profit after taxes | € 65,497 | € 371 | € 48,723 | € 4,245 | ▼ 91% |
| Equity | € 124,365 | € 124,735 | € 173,458 | € 177,703 | ▲ 2% |
| Total debts | € 225,664 | € 492,371 | € 342,995 | € 541,620 | ▲ 58% |
| Cash | € 64,608 | € 28,665 | € 138,776 | € 151,664 | ▲ 9% |
| Retained profit | € 118,165 | € 118,535 | € 167,258 | € 171,503 | ▲ 3% |
| Bank debt | € 18,250 | € 200,945 | € 199,763 | € 159,187 | ▼ 20% |
| Balance sheet total | € 350,029 | € 617,106 | € 516,453 | € 719,323 | ▲ 39% |
| Employees (FTE) | 2.3 | 3.4 | 2.7 | 1.8 | ▼ 0.9 |
Key figures of Ninety-Three, 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 Ninety-Three?
What happened at Ninety-Three in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,245 (▼ 91% vs 2024). filed late Source: NBB ↗
- 5D2 BV became a director. NBB
- X O PLUS BV became a director. NBB
- VELDEMAN DB BV stepped down as director. NBB
- New establishment in Hamme (Vl.). KBO
- Start of the company according to the CBE. KBO
In short
From € 65,497 profit in 2022 to € 4,245 profit in 2025.
Paid € 45,778 in corporate taxes since 2022.
Best year ever: 2022, with € 65,497 profit.
On average € 91,900 of value added per employee in 2025.
Management
The stake of Veldeman DB comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Ninety-ThreeBehind Ninety-Three are 5D2 BV and X O PLUS BV. The shares are held by Veldeman DB (83%).
Directors
According to the 2025 annual accounts
Director · represented by Thomas Van der Meersch
since 2026
Director · represented by Jonathan Vanderveken
since 2026
Director · represented by Stefaan Veldeman
· until 2026
Shareholders
83%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Neerstraat 38
9220 Hamme (Vl.)
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0655.705.746
- VAT number
- BE 0655.705.746
- Registered office
- Neerstraat 38, 9220 Hamme (Vl.)
- Names & denominations
- Ninety-Three
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 May 2016
- Peppol
- Active · Active since 23 Mar 2026
- Activities · NACE
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