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 12 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
83 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
NEPTUNE COATINGS INTERNATIONAL from Elsene, company number BE0668825688, closed financial year 2024 with a result of € 4,911 after tax. For that financial year NEPTUNE COATINGS INTERNATIONAL recorded a gross margin of € 10,440 and equity of € 58,645. Compared with financial year 2023, the result moved from € -11,281 to € 4,911. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2025.
€ 58,645
▲ 9% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,911
▲ still € 11,281 loss in 2023
Profit after tax over the fiscal year.
€ 167
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -124,235.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -36,734 | € -8,170 | € -6,116 | € 10,440 | ▲ € 16,556 |
| Profit after taxes | € -38,837 | € -14,076 | € -11,281 | € 4,911 | ▲ € 16,192 |
| Equity | € 79,091 | € 65,015 | € 53,734 | € 58,645 | ▲ 9% |
| Total debts | € 132,788 | € 148,655 | € 158,145 | € 174,177 | ▲ 10% |
| Cash | - | € 120 | - | € 167 | |
| Retained profit | € -103,788 | € -117,864 | € -129,145 | € -124,235 | ▲ € 4,911 |
| Bank debt | € 33 | € 0 | € 88 | € 0 | ▼ 100% |
| Balance sheet total | € 211,879 | € 213,670 | € 211,879 | € 232,822 | ▲ 10% |
Key figures of NEPTUNE COATINGS INTERNATIONAL, 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 NEPTUNE COATINGS INTERNATIONAL?
What happened at NEPTUNE COATINGS INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hrair BABIKIAN stepped down as director. NBB
- Arda MAKINADJIAN stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 4,911. Source: NBB ↗
- Hrair BABIKIAN became a director. NBB
- Arda MAKINADJIAN became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 38,837 loss in 2021 to € 4,911 profit in 2024.
Best year ever: 2024, with € 4,911 profit.
Management
It owns 100% of NEPTUNE COATINGS CORPORATION, 100% of HARCO AMERICAS and 95% of NEPTUNE COATINGS itself.
Directors
According to the 2024 annual accounts
since 2022 · until 2028
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Louizalaan 390
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 83 companies are registered at this address.
All companies at this address →Niagara
€ -1,509 gross margin · 2025
BRUFLOR
€ 584 gross margin · 2025
BERNINFO
SILHOUETTE
€ 12,242 gross margin · 2025
I P A C
+78 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Barracuda
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
neptunecoatings.com
Registered
2011-12-15
Registrar
GoDaddy.com, LLC
Expires
2026-12-15
Website info
Features
Security
Network
Details
- Company number
- 0668.825.688
- VAT number
- BE 0668.825.688
- Registered office
- Louizalaan 390, 1050 Elsene
- Names & denominations
- NEPTUNE COATINGS INTERNATIONAL · NCI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 January 2017
- Peppol
- Active · Active since 2 Feb 2026
- Contact
- neptunecoatings.com