Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NDkwadraat Invest from Wevelgem, company number BE0667998517, closed financial year 2025 with a result of € 14,425 after tax. For that financial year NDkwadraat Invest recorded a gross margin of € 112,605 and equity of € 511,741. Compared with financial year 2024, the result moved from € 42,559 to € 14,425. 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 August 25, 2026.
€ 511,741
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,425
▼ 66% vs 2024
Profit after tax over the fiscal year.
€ 1,646
▼ 59% 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 € 271,741.
People and assets in 2025
0.5
Average over the fiscal year, from the social balance sheet.
€ 20,551
▲ 5% 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.
€ 1,361
▼ 89% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 364,747
▼ 12% vs 2024
€ 40,228 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 2,577
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,619
▲ 89% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 123,095 | € 100,526 | € 128,866 | € 112,605 | ▼ 13% |
| Profit after taxes | € 48,957 | € 28,483 | € 42,559 | € 14,425 | ▼ 66% |
| Equity | € 426,274 | € 454,756 | € 497,316 | € 511,741 | ▲ 3% |
| Total debts | € 934,624 | € 867,099 | € 800,371 | € 764,666 | ▼ 4% |
| Cash | € 295 | € 1,277 | € 3,979 | € 1,646 | ▼ 59% |
| Land & buildings | € 867,058 | € 843,576 | € 820,093 | € 796,610 | ▼ 3% |
| Retained profit | € 186,274 | € 214,756 | € 257,316 | € 271,741 | ▲ 6% |
| Bank debt | € 506,941 | € 460,348 | € 412,955 | € 364,747 | ▼ 12% |
| Balance sheet total | € 1,360,898 | € 1,321,856 | € 1,297,686 | € 1,276,407 | ▼ 2% |
| Employees (FTE) | 0.5 | 0.5 | 0.5 | 0.5 |
Key figures of NDkwadraat Invest, 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 NDkwadraat Invest?
What happened at NDkwadraat Invest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,425 (▼ 66% vs 2024). filed late Source: NBB ↗
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
- Nicolas Delrue became a director. NBB
In short
From € 48,957 profit in 2022 to € 14,425 profit in 2025.
Paid € 31,818 in corporate taxes since 2022.
Best year ever: 2022, with € 48,957 profit.
A new publication or filing at NDkwadraat Invest? 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
Behind NDkwadraat Invest is Nicolas Delrue. It owns 98% of Kine Nicolas Delrue itself.
Directors
According to the 2025 annual accounts
Nicolas Delrue
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Normandiëstraat 186
8560 Wevelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0667.998.517
- VAT number
- BE 0667.998.517
- Registered office
- Normandiëstraat 186, 8560 Wevelgem
- Names & denominations
- NDkwadraat Invest
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2016
- Peppol
- Active · Active since 29 Jan 2026
- Activities · NACE
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