Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
87 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
NO2CO2 from Sint-Martens-Latem, company number BE0762798496, closed financial year 2025 with a result of € 319,469 after tax. For that financial year NO2CO2 recorded revenue of € 212,550 and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 758,430 to € 319,469. The company is profitable. 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 March 17, 2026.
€ 4.6 million
▲ 55% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 319,469
▼ 58% vs 2024
Profit after tax over the fiscal year.
€ 83,282
▲ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.1 million.
Debts at end 2025
€ 4.4 million
▲ 122% vs 2024
€ 997,014 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 52,942
▲ 172% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 81 days on average.
€ 14,736
▲ 1% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 212,550 | |
| Gross margin | € 89,482 | € 114,816 | € 99,996 | - | |
| Profit after taxes | € 409,011 | € 591,750 | € 758,430 | € 319,469 | ▼ 58% |
| Equity | € 1,599,011 | € 2,190,761 | € 2,949,191 | € 4,564,983 | ▲ 55% |
| Total debts | € 3,335,030 | € 2,724,898 | € 2,009,009 | € 4,960,580 | ▲ 147% |
| Cash | € 32,208 | € 13,881 | € 56,428 | € 83,282 | ▲ 48% |
| Retained profit | € 409,011 | € 1,000,761 | € 1,759,191 | € 2,078,660 | ▲ 18% |
| Bank debt | € 2,825,000 | € 2,400,000 | € 1,975,000 | € 4,385,961 | ▲ 122% |
| Balance sheet total | € 4,934,041 | € 4,915,658 | € 4,958,200 | € 9,525,563 | ▲ 92% |
Key figures of NO2CO2, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to NO2CO2?
What happened at NO2CO2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 319,469 (▼ 58% vs 2024). Source: NBB ↗
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 409,011 profit in 2022 to € 319,469 profit in 2025.
Paid € 17,044 in corporate taxes since 2022.
Best year ever: 2024, with € 758,430 profit.
Pays suppliers within 81 days on average.
A new publication or filing at NO2CO2? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of TILLINVEST, K. Boesmans comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NO2CO2Behind NO2CO2 are Wim Borgers, Ponteaz Management BV, Gooss BV, Tom Hermans and Johan Collaert. The shares are held by TILLINVEST (24.4%) and K. Boesmans (4.2%). It owns 100% of Geotherma, 100% of Jordaan Energy Systems and 100% of Toptechnics itself.
Directors
According to the 2025 annual accounts
Director · represented by Melotte Manu
Director · represented by Goossens Guy
Also active at: Icemen, GROUP REMOTEC, TillStaCo, TillCap, Till-IT, Tillman, Polaris Partners, Tilleghem Partners +1 more
Johan Collaert
Director
Shareholders
24.4%
4.2%
Participations
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 48 box 5
9830 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 87 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0762.798.496
- VAT number
- BE 0762.798.496
- Registered office
- Kortrijksesteenweg 48 bus 5, 9830 Sint-Martens-Latem
- Names & denominations
- NO2CO2
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 February 2021
- Peppol
- Active · Active since 6 Nov 2025
- Activities · NACE
Activiteiten van holdings
Holdings