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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NYTE from Gent, company number BE0737400334, closed financial year 2025 with a result of € -14,986 after tax. For that financial year NYTE recorded a gross margin of € -9,101 and equity of € -43,594. Compared with financial year 2024, the result moved from € 1,889 to € -14,986. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 1, 2026.
€ -43,594
▼ € 14,986 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,986
▼ still € 1,889 profit in 2024
Profit after tax over the fiscal year.
€ 4,613
▼ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -53,594.
Debts at end 2025
€ 30,187
▼ 9% vs 2024
Loans from banks and other lenders, long and short.
€ 20,786
▲ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,091 | € 13,271 | € 12,869 | € -9,101 | ▼ € 21,970 |
| Profit after taxes | € -4,834 | € -3,972 | € 1,889 | € -14,986 | ▼ € 16,874 |
| Equity | € -26,524 | € -30,497 | € -28,608 | € -43,594 | ▼ € 14,986 |
| Total debts | € 45,747 | € 50,003 | € 46,166 | € 52,843 | ▲ 14% |
| Cash | € 3,057 | € 6,603 | € 12,342 | € 4,613 | ▼ 63% |
| Retained profit | € -36,524 | € -40,497 | € -38,608 | € -53,594 | ▼ € 14,986 |
| Bank debt | € 36,000 | € 36,000 | € 33,259 | € 30,187 | ▼ 9% |
| Balance sheet total | € 19,223 | € 19,506 | € 17,558 | € 9,249 | ▼ 47% |
| Employees (FTE) | 2.9 | 0.2 | 0 | - |
Key figures of NYTE, 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 NYTE?
What happened at NYTE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,986 (▼ € 16,874 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,834 loss in 2022 to € 14,986 loss in 2025.
Best year ever: 2024, with € 1,889 profit.
On average € 1,400 of value added per employee in 2022.
Management
The stake of HIRUNDO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NYTEBehind NYTE are Aufilia BV and Hirundo BV. The shares are held by HIRUNDO (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Adolf Lootensstraat 14
9031 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0737.400.334
- VAT number
- BE 0737.400.334
- Registered office
- Adolf Lootensstraat 14, 9031 Gent
- Names & denominations
- NYTE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 November 2019
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- [email protected] 0478965201
- Activities · NACE
Gastenkamers
Hotels en dergelijke accommodatie