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 27 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
NICOVER from Kortemark, company number BE0757691348, closed financial year 2026 with a result of € 66,166 after tax. For that financial year NICOVER recorded a gross margin of € 124,267 and equity of € 103,374. Compared with financial year 2025, the result moved from € 22,722 to € 66,166. 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 October 22, 2026.
€ 103,374
▲ 38% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 66,166
▲ 191% vs 2025
Profit after tax over the fiscal year.
€ 5,598
▼ 69% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 37,647 paid out
57 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 71,251
▲ 20% vs 2025
Of which on lease € 41,462.
Debts at end 2026
€ 60,008
▼ 3% vs 2025
€ 28,694 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 3,477
▲ 19% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 8,337
▲ 35% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 10,145 | € 37,046 | € 62,629 | € 124,267 | ▲ 98% |
| Profit after taxes | € 5,601 | € 13,334 | € 22,722 | € 66,166 | ▲ 191% |
| Equity | € 62,328 | € 75,662 | € 74,854 | € 103,374 | ▲ 38% |
| Total debts | € 15,754 | € 101,346 | € 107,770 | € 115,811 | ▲ 7% |
| Cash | € 62,897 | € 65,505 | € 18,080 | € 5,598 | ▼ 69% |
| Retained profit | € 57,328 | € 70,662 | € 69,854 | € 98,374 | ▲ 41% |
| Dividend | € 0 | € 0 | € 23,529 | € 37,647 | ▲ 60% |
| Bank debt | € 0 | € 78,374 | € 62,031 | € 60,008 | ▼ 3% |
| Balance sheet total | € 78,081 | € 177,007 | € 182,625 | € 219,185 | ▲ 20% |
Key figures of NICOVER, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to NICOVER?
What happened at NICOVER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 66,166 (▲ 191% vs 2025). Source: NBB ↗
- New establishment in Kortemark. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,601 profit in 2023 to € 66,166 profit in 2026.
Paid € 47,287 in corporate taxes since 2023.
Best year ever: 2026, with € 66,166 profit.
Paid out € 61,176 in dividends to the owners in total.
Management
Behind NICOVER is Nicolas Verduyn. Nicolas Verduyn is also behind VERDUYN and Agricolas.
Establishments
Establishment units
Physical locations of this company
Huilaertstraat 14
8610 Kortemark
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0757.691.348
- VAT number
- BE 0757.691.348
- Registered office
- Huilaertstraat 14, 8610 Kortemark
- Names & denominations
- NICOVER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 2020
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
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