Financials
Financial year 2025
NARTO from Tielt, company number BE0747488730, closed financial year 2025 with a result of € 81,784 after tax. For that financial year NARTO recorded a gross margin of € 13,504 and equity of € 7,500. Compared with financial year 2024, the result moved from € 15,047 to € 81,784. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 26, 2026.
€ 7,500
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 81,784
▲ € 66,737 vs 2024
Profit after tax over the fiscal year.
€ 5,991
▲ 230% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 81,784 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 361
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,042
▲ € 1,879 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 | € -4,598 | € -1,254 | € 8,425 | € 13,504 | ▲ 60% |
| Profit after taxes | € -4,772 | € 980 | € 15,047 | € 81,784 | ▲ € 66,737 |
| Equity | € 3,177 | € 4,158 | € 7,500 | € 7,500 | |
| Total debts | € 20,031 | € 22,921 | € 17,984 | € 84,186 | ▲ € 66,201 |
| Cash | € 2,809 | € 6,385 | € 1,815 | € 5,991 | ▲ 230% |
| Retained profit | € -4,323 | € -3,342 | € 0 | € 0 | |
| Dividend | € 0 | € 0 | € 11,705 | € 81,784 | ▲ € 70,079 |
| Balance sheet total | € 23,209 | € 27,079 | € 25,484 | € 91,686 | ▲ 260% |
Key figures of NARTO, 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 NARTO?
What happened at NARTO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 81,784 (▲ € 66,737 vs 2024). Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
- Karl Ottevaere became a director. NBB
In short
From € 4,772 loss in 2022 to € 81,784 profit in 2025.
Paid € 7,502 in corporate taxes since 2022.
Best year ever: 2025, with € 81,784 profit.
Paid out € 93,488 in dividends to the owners in total.
Management
Behind NARTO is Karl Ottevaere. It owns 50% of Vigintus itself.
Directors
According to the 2025 annual accounts
Karl Ottevaere
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Pontweg 22
8700 Tielt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0747.488.730
- VAT number
- BE 0747.488.730
- Registered office
- Pontweg 22, 8700 Tielt
- Names & denominations
- NARTO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 May 2020
- Peppol
- Active · Active since 2 Jul 2025
- Contact
- [email protected]
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Overige fiscale dienstverlening
Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg
Algemene elektrotechnische installatiewerken
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Sanitaire werkzaamheden
Overige gespecialiseerde wetenschappelijke en technische activiteiten
Boekhouders en boekhouders-fiscalisten