Financials
Financial year 2024
NESPART from Waterloo, company number BE0721600024, closed financial year 2024 with a result of € 1.3 million after tax. For that financial year NESPART recorded a gross margin of € 2.4 million and equity of € 1.2 million. Compared with financial year 2023, the result moved from € 277,445 to € 1.3 million. 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 November 7, 2025.
€ 1.2 million
▲ 164% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ € 1.1 million vs 2023
Profit after tax over the fiscal year.
€ 490,422
▲ € 415,844 vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 595,877 paid out
45 % of the profit went to the shareholders, mostly to WGG HOLDING (100 % of the shares). That is where the money ends up.
People and assets in 2024
6.6
▲ 2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 409,909
▲ 56% vs 2023
€ 62,100 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.
€ 94,248
▲ € 93,161 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.2 million
▲ 48% vs 2023
€ 458,028 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 437,136
▲ 60% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 142,736
▲ 137% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 227,303 | € 196,408 | € 696,130 | € 2,350,780 | ▲ 238% |
| Profit after taxes | € 58,174 | € -41,687 | € 277,445 | € 1,332,073 | ▲ € 1.1 million |
| Equity | € 28,611 | € -13,077 | € 449,369 | € 1,185,565 | ▲ 164% |
| Total debts | € 639,770 | € 1,037,239 | € 1,167,601 | € 2,536,908 | ▲ 117% |
| Cash | € 44,500 | € 48,741 | € 74,578 | € 490,422 | ▲ € 415,844 |
| Retained profit | € 10,011 | € -31,677 | € 245,769 | € 981,965 | ▲ 300% |
| Dividend | € 55,000 | € 0 | € 0 | € 595,877 | |
| Bank debt | € 282,302 | € 548,723 | € 833,380 | € 1,235,232 | ▲ 48% |
| Balance sheet total | € 668,381 | € 1,024,162 | € 1,616,970 | € 3,722,472 | ▲ 130% |
| Employees (FTE) | 3.5 | 4.4 | 4.6 | 6.6 | ▲ 2 |
Key figures of NESPART, 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 NESPART?
What happened at NESPART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 1.3 million (▲ € 1.1 million vs 2023). filed late Source: NBB ↗
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 58,174 profit in 2021 to € 1.3 million profit in 2024.
Paid € 507,806 in corporate taxes since 2021.
Best year ever: 2024, with € 1.3 million profit.
On average € 356,200 of value added per employee in 2024.
Management
The stake of WGG HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NESPARTBehind NESPART are Gary GARNIER-GUISGAND and Nicolas WAUTERS. The shares are held by WGG HOLDING (100%).
Directors
According to the 2024 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Drève Richelle 161K box 25
1410 Waterloo
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
- 0721.600.024
- VAT number
- BE 0721.600.024
- Registered office
- Drève Richelle 161K bus 25, 1410 Waterloo
- Names & denominations
- NESPART
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 2019
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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