What does NORDECO do?

NORDECO is a painting contractor in Zwevegem. Private Limited, started on 13 April 2018, 1 establishment.

What is the address of NORDECO?

The registered office of NORDECO is located at Griekenlandlaan(Z) 6, 8550 Zwevegem.

Is NORDECO still active?

Yes. According to the CBE (31 October 2026) NORDECO is active, legal situation “Normale toestand”, started on 13 April 2018.

Is NORDECO registered on Peppol?

Yes, NORDECO is registered on the Peppol network with ID 0208:0694727559.

What is the enterprise number of NORDECO?

The enterprise number of NORDECO is BE0694727559.

When was NORDECO founded?

NORDECO was founded on 13 April 2018.

Who are the directors of NORDECO?

According to the 2025 annual accounts, the directors of NORDECO are: Nourredine Hamidi.

Is NORDECO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 April 2018; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did NORDECO make in 2025?

NORDECO recorded a loss after taxes of € 9,187 in financial year 2025.

What is the revenue of NORDECO?

As a small company, NORDECO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 13,254.

NORDECO (Private Limited) - Zwevegem - BE0694727559

Dossier NORDECO, printed on 31 October 2026 from databakkes.be/en/0694727559/nordeco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

NORDECO from Zwevegem, company number BE0694727559, closed financial year 2025 with a result of € -9,187 after tax. For that financial year NORDECO recorded a gross margin of € 13,254 and equity of € 77,534. Compared with financial year 2024, the result moved from € 9,922 to € -9,187. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.

What it is worth Healthy

€ 77,534

▼ 12% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -9,187

▼ still € 9,922 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 13,644

▼ 62% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 71,334.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 35,180

▼ 28% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 20,425

▼ 28% vs 2024

€ 8,191 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 8,022

▲ 115% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 2,156

▼ 8% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 20,089 Gross margin 2022: € 20,089 First fiscal year in the series	€ 35,461 Gross margin 2023: € 35,461 ▲ 77% vs 2022 (€ 20,089) Favourable step	€ 35,909 Gross margin 2024: € 35,909 ▲ 1% vs 2023 (€ 35,461) Favourable step	€ 13,254 Gross margin 2025: € 13,254 ▼ 63% vs 2024 (€ 35,909) Unfavourable step	▼ 63%
Profit after taxes	€ 1,392 Profit after taxes 2022: € 1,392 First fiscal year in the series	€ 12,620 Profit after taxes 2023: € 12,620 ▲ € 11,228 vs 2022 (€ 1,392) Favourable step	€ 9,922 Profit after taxes 2024: € 9,922 ▼ 21% vs 2023 (€ 12,620) Unfavourable step	€ -9,187 Profit after taxes 2025: € -9,187 ▼ € 19,109 vs 2024 (€ 9,922) Unfavourable step	▼ € 19,109
Equity	€ 69,177 Equity 2022: € 69,177 First fiscal year in the series	€ 80,131 Equity 2023: € 80,131 ▲ 16% vs 2022 (€ 69,177) Favourable step	€ 88,387 Equity 2024: € 88,387 ▲ 10% vs 2023 (€ 80,131) Favourable step	€ 77,534 Equity 2025: € 77,534 ▼ 12% vs 2024 (€ 88,387) Unfavourable step	▼ 12%
Total debts	€ 17,037 Total debts 2022: € 17,037 First fiscal year in the series	€ 44,333 Total debts 2023: € 44,333 ▲ 160% vs 2022 (€ 17,037) Unfavourable step	€ 36,016 Total debts 2024: € 36,016 ▼ 19% vs 2023 (€ 44,333) Favourable step	€ 32,269 Total debts 2025: € 32,269 ▼ 10% vs 2024 (€ 36,016) Favourable step	▼ 10%
Cash	€ 12,337 Cash 2022: € 12,337 First fiscal year in the series	€ 30,863 Cash 2023: € 30,863 ▲ 150% vs 2022 (€ 12,337) Favourable step	€ 35,611 Cash 2024: € 35,611 ▲ 15% vs 2023 (€ 30,863) Favourable step	€ 13,644 Cash 2025: € 13,644 ▼ 62% vs 2024 (€ 35,611) Unfavourable step	▼ 62%
Land & buildings	€ 9,757 Land & buildings 2022: € 9,757 First fiscal year in the series	€ 9,721 Land & buildings 2023: € 9,721 Unchanged (€ 9,757) Unchanged	€ 7,451 Land & buildings 2024: € 7,451 ▼ 23% vs 2023 (€ 9,721) Unchanged	€ 6,443 Land & buildings 2025: € 6,443 ▼ 14% vs 2024 (€ 7,451) Unchanged	▼ 14%
Retained profit	€ 62,977 Retained profit 2022: € 62,977 First fiscal year in the series	€ 73,931 Retained profit 2023: € 73,931 ▲ 17% vs 2022 (€ 62,977) Favourable step	€ 82,187 Retained profit 2024: € 82,187 ▲ 11% vs 2023 (€ 73,931) Favourable step	€ 71,334 Retained profit 2025: € 71,334 ▼ 13% vs 2024 (€ 82,187) Unfavourable step	▼ 13%
Dividend	€ 1,600 Dividend 2022: € 1,600 First fiscal year in the series	€ 1,666 Dividend 2023: € 1,666 ▲ 4% vs 2022 (€ 1,600) Unchanged	€ 1,666 Dividend 2024: € 1,666 Unchanged (€ 1,666) Unchanged	€ 1,666 Dividend 2025: € 1,666 Unchanged (€ 1,666) Unchanged
Bank debt	€ 11,962 Bank debt 2022: € 11,962 First fiscal year in the series	€ 39,031 Bank debt 2023: € 39,031 ▲ 226% vs 2022 (€ 11,962) Unfavourable step	€ 28,266 Bank debt 2024: € 28,266 ▼ 28% vs 2023 (€ 39,031) Favourable step	€ 20,425 Bank debt 2025: € 20,425 ▼ 28% vs 2024 (€ 28,266) Favourable step	▼ 28%
Balance sheet total	€ 86,214 Balance sheet total 2022: € 86,214 First fiscal year in the series	€ 124,464 Balance sheet total 2023: € 124,464 ▲ 44% vs 2022 (€ 86,214) Unchanged	€ 124,403 Balance sheet total 2024: € 124,403 Unchanged (€ 124,464) Unchanged	€ 109,803 Balance sheet total 2025: € 109,803 ▼ 12% vs 2024 (€ 124,403) Unchanged	▼ 12%

Key figures of NORDECO, 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 NORDECO?

What happened at NORDECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 28, 2026 New annual accounts for financial year 2025: loss of € 9,187 (▼ € 19,109 vs 2024). filed late Source: NBB ↗
Apr 13, 2018 New establishment in Zwevegem. KBO
Apr 13, 2018 Start of the company according to the CBE. KBO

In short

From € 1,392 profit in 2022 to € 9,187 loss in 2025.

Paid € 10,685 in corporate taxes since 2022.

Best year ever: 2023, with € 12,620 profit.

Paid out € 6,598 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Nourredine Hamidi

NORDECO

Behind NORDECO is Nourredine Hamidi.

Directors

According to the 2025 annual accounts

Nourredine Hamidi

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Griekenlandlaan(Z) 6

8550 Zwevegem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0694.727.559

VAT number

BE 0694.727.559

Registered office

Griekenlandlaan(Z) 6, 8550 Zwevegem

Names & denominations

NORDECO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

13 April 2018

Peppol

Active · Active since 25 Feb 2026

Activities · NACE

Schilderen van gebouwen

Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen

Plaatsen van vloer- en wandtegels

View on CBE Public ↗ Annual accounts (NBB) ↗

NORDECO

Financials

What happened to NORDECO?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions