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 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Les Pâtisseries de Nikolas from Elsene, company number BE0676661409, closed financial year 2025 with a result of € 59,264 after tax. For that financial year Les Pâtisseries de Nikolas recorded a gross margin of € 729,041 and equity of € 131,947. Compared with financial year 2024, the result moved from € 91,779 to € 59,264. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 16, 2025.
€ 131,947
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 59,264
▼ 35% vs 2024
Profit after tax over the fiscal year.
€ 110,976
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
13.5
▲ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 555,974
▲ 20% vs 2024
€ 41,200 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.
€ 56,436
▼ 36% vs 2024
Of which on lease € 51,248.
Debts at end 2025
€ 177,458
▲ 21% vs 2024
€ 61,326 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 27,727
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 70,343
▲ 33% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 521,878 | € 569,611 | € 675,392 | € 729,041 | ▲ 8% |
| Profit after taxes | € 99,649 | € 99,263 | € 91,779 | € 59,264 | ▼ 35% |
| Equity | € 109,075 | € 171,358 | € 163,014 | € 131,947 | ▼ 19% |
| Total debts | € 302,263 | € 312,046 | € 332,177 | € 375,528 | ▲ 13% |
| Cash | € 138,355 | € 107,929 | € 143,663 | € 110,976 | ▼ 23% |
| Retained profit | € 80,475 | € 119,738 | € 116,517 | € 75,781 | ▼ 35% |
| Dividend | € 150,000 | € 60,000 | € 95,000 | € 100,000 | ▲ 5% |
| Bank debt | € 85,740 | € 176,234 | € 147,033 | € 177,458 | ▲ 21% |
| Balance sheet total | € 411,338 | € 483,404 | € 495,191 | € 507,475 | ▲ 2% |
| Employees (FTE) | - | 9.7 | 11.5 | 13.5 | ▲ 2 |
Key figures of Les Pâtisseries de Nikolas, 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 January 2027.
What happened to Les Pâtisseries de Nikolas?
What happened at Les Pâtisseries de Nikolas in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 59,264 (▼ 35% vs 2024). Source: NBB ↗
- New establishment in Elsene. KBO
- New establishment in Elsene. KBO
- New establishment in Elsene. KBO
- NIKOLAOS KOULEPIS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 99,649 profit in 2022 to € 59,264 profit in 2025.
Paid € 89,846 in corporate taxes since 2022.
Best year ever: 2022, with € 99,649 profit.
On average € 54,000 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
Behind Les Pâtisseries de Nikolas is NIKOLAOS KOULEPIS.
Directors
According to the 2025 annual accounts
NIKOLAOS KOULEPIS
Manager, Director
since 2017
Establishments
Establishment units
Physical locations of this company
Edelknaapstraat 85
1050 Elsene
Fourmoisstraat 24
1050 Elsene
Active since 11 May 2020
Waterloose Steenweg 438
1050 Elsene
Active since 1 June 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0676.661.409
- VAT number
- BE 0676.661.409
- Registered office
- Edelknaapstraat 85, 1050 Elsene
- Names & denominations
- Les Pâtisseries de Nikolas
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 June 2017
- Peppol
- Active · Active since 15 Jul 2025
- Activities · NACE
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