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 20 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
44 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
"Foncière de la Nielle Sud" "Vastgoed Nielle Zuid" from Namur, company number BE0680989884, closed financial year 2025 with a result of € 72,880 after tax. For that financial year "Foncière de la Nielle Sud" "Vastgoed Nielle Zuid" recorded a gross margin of € -15,305 and equity of € 20 million. Compared with financial year 2024, the result moved from € 68,394 to € 72,880. Profitable, and profit is growing. 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 21, 2026.
€ 20 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 72,880
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 42,425
▲ 148% 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 € 387,898.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,173
▼ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 52,149
▲ 10% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -10,299 | € -34,571 | € -20,958 | € -15,305 | ▲ € 5,653 |
| Profit after taxes | € 77,207 | € 59,307 | € 68,394 | € 72,880 | ▲ 7% |
| Equity | € 19,834,317 | € 19,893,624 | € 19,962,018 | € 20,034,898 | |
| Total debts | € 64,885 | € 80,144 | € 141,610 | € 213,932 | ▲ 51% |
| Cash | € 240,624 | € 7,565 | € 17,137 | € 42,425 | ▲ 148% |
| Retained profit | € 187,317 | € 246,624 | € 315,018 | € 387,898 | ▲ 23% |
| Balance sheet total | € 19,899,201 | € 19,973,767 | € 20,103,628 | € 20,248,830 | ▲ 1% |
Key figures of "Foncière de la Nielle Sud" "Vastgoed Nielle Zuid", 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 "Foncière de la Nielle Sud" "Vastgoed Nielle Zuid"?
What happened at "Foncière de la Nielle Sud" "Vastgoed Nielle Zuid" in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SMAPIC SRL stepped down as director. NBB
- Thierry COLLARD stepped down as director. NBB
- Christophe VAN OPHEM stepped down as director. NBB
- J. POLUS SRL stepped down as director. NBB
- ABSOlute Consulting SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 72,880 (▲ 7% vs 2024). filed late Source: NBB ↗
- Edouard HERINCKX stepped down as director. NBB
- ABSOlute Consulting SRL became a director. NBB
In short
From € 77,207 profit in 2022 to € 72,880 profit in 2025.
Paid € 101,791 in corporate taxes since 2022.
Best year ever: 2022, with € 77,207 profit.
A new publication or filing at "Foncière de la Nielle Sud" "Vastgoed Nielle Zuid"? 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
The shares are held by FONCIERE INVEST SA (51%) and EIFFAGE REAL ESTATE BELGIUM SA (49%).
Directors
According to the 2025 annual accounts
Director · represented by AUBRY LEFEBVRE
Also active at: SOMIBA, B.T.A. CONSTRUCT, Triomphe 174, NORDI, Coeur de Ville, FONCIERE INVEST, FONCIERE DE BAVIERE C, FONCIERE DE BAVIERE A +18 more
since 2023 · until 2029
Thierry COLLARD
Director
since 2023 · until 2029
Edouard HERINCKX
Director
Also active at: THOMAS ET PIRON HOME, SOMIBA, THOMAS & PIRON HOLDING, B.T.A. CONSTRUCT, Coeur de Ville, BAVIERE DEVELOPPEMENT, FONCIERE INVEST, Bureau Cauchy C +5 more
since 2023 · until 2026
Director · represented by Olivier Beguin
Also active at: I.D., THOMAS & PIRON HOME, ORTHOPEDIE TOUSSAINT, OTTIGNIMMO, Galère, Sporsystem, MECCO-GOSSENT, Société anonyme WAUTERS NV +50 more
since 2026 · until 2029
Christophe VAN OPHEM
Director
Also active at: DE GRAEVE ENTREPRISES GENERALES, Entreprises générales Louis Duchene, association des entrepreneurs belges de grands travaux, REYNDERS, SABEM, EIFFAGE BENELUX, ENTREPRISE DE CONSTRUCTION ET MONTAGE, CECOM CENTRE +1 more
since 2023 · until 2029
Director · represented by JOEL POLUS
Also active at: Triomphe 174, Coeur de Ville, BAVIERE DEVELOPPEMENT, UNIVERSALIS PARK 3, UNIVERSALIS PARK 3 C, UNIVERSALIS PARK 2, UNIVERSALIS PARK 3 AB, Plateau d’Erpent +9 more
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Fort d'Andoy(WD) 5
5100 Namur
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 44 companies are registered at this address.
All companies at this address →B.T.A. CONSTRUCT same network
€ -5,059 gross margin · 2025
THOMAS & PIRON ICT
€ 2.9 million gross margin · 2025
Thomas & Piron RENOVATION same network
€ 50.4 million revenue · 2025
NORDI same network
€ -475 gross margin · 2025
Coeur de Ville same network
€ 7.8 million revenue · 2025
+39 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0680.989.884
- VAT number
- BE 0680.989.884
- Registered office
- Rue du Fort d'Andoy(WD) 5, 5100 Namur
- Names & denominations
- "Foncière de la Nielle Sud" "Vastgoed Nielle Zuid"
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 September 2017
- Peppol
- Not registered