Financials
Financial year 2025
NICOLAS STUART from Oudergem, company number BE0680767378, closed financial year 2025 with a result of € 94,522 after tax. For that financial year NICOLAS STUART recorded a gross margin of € 162,496 and equity of € 537,083. Compared with financial year 2024, the result moved from € 95,781 to € 94,522. 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 24, 2026.
€ 537,083
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 94,522
▼ 1% vs 2024
Profit after tax over the fiscal year.
€ 158,751
▲ 115% 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 € 524,683.
People and assets in 2025
€ 2,579
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 320,198
▼ 8% vs 2024
€ 37,888 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 3,701
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,874
▲ 53% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 113,122 | € 161,302 | € 162,768 | € 162,496 | |
| Profit after taxes | € 62,810 | € 106,174 | € 95,781 | € 94,522 | ▼ 1% |
| Equity | € 340,606 | € 446,780 | € 442,561 | € 537,083 | ▲ 21% |
| Total debts | € 443,669 | € 411,514 | € 381,186 | € 390,628 | ▲ 2% |
| Cash | € 65,390 | € 73,490 | € 73,837 | € 158,751 | ▲ 115% |
| Land & buildings | € 527,670 | € 505,170 | € 482,670 | € 460,170 | ▼ 5% |
| Retained profit | € 328,206 | € 434,380 | € 430,161 | € 524,683 | ▲ 22% |
| Dividend | € 0 | € 0 | € 100,000 | € 0 | ▼ 100% |
| Bank debt | € 400,549 | € 373,456 | € 347,801 | € 320,198 | ▼ 8% |
| Balance sheet total | € 784,275 | € 858,294 | € 823,747 | € 927,711 | ▲ 13% |
Key figures of NICOLAS STUART, 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 NICOLAS STUART?
What happened at NICOLAS STUART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 94,522 (▼ 1% vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Watermaal-Bosvoorde. KBO
- Nicolas STUART became a director. NBB
In short
From € 62,810 profit in 2022 to € 94,522 profit in 2025.
Paid € 130,841 in corporate taxes since 2022.
Best year ever: 2023, with € 106,174 profit.
Paid out € 100,000 in dividends to the owners in total.
Management
Behind NICOLAS STUART is Nicolas STUART.
Directors
According to the 2025 annual accounts
Nicolas STUART
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Joseph Borlélaan 17
1160 Oudergem
La Brise(Dreef) 6
1170 Watermaal-Bosvoorde
Active since 6 September 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- STUART Nicolas André Hector(oprichter) 100%
Details
- Company number
- 0680.767.378
- VAT number
- BE 0680.767.378
- Registered office
- Joseph Borlélaan 17, 1160 Oudergem
- Names & denominations
- NICOLAS STUART
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 September 2017
- Peppol
- Active · Active since 10 Dec 2025
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