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 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NAOSU from Lo-Reninge, company number BE0765537658, closed financial year 2025 with a result of € 340,129 after tax. For that financial year NAOSU recorded a gross margin of € 448,870 and equity of € 188,392. Compared with financial year 2024, the result moved from € 332,766 to € 340,129. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 188,392
▼ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 340,129
▲ 2% vs 2024
Profit after tax over the fiscal year.
€ 133,584
▲ 237% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 461,477 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 931
▲ € 710 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,468
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,801
▲ € 5,696 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 57,064
▼ 23% 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 | € 268,373 | € 363,224 | € 432,088 | € 448,870 | ▲ 4% |
| Profit after taxes | € 183,392 | € 277,007 | € 332,766 | € 340,129 | ▲ 2% |
| Equity | € 309,740 | € 586,747 | € 309,740 | € 188,392 | ▼ 39% |
| Total debts | € 33,700 | € 89,653 | € 357,477 | € 355,745 | |
| Cash | € 182,063 | € 159,056 | € 39,697 | € 133,584 | ▲ 237% |
| Retained profit | € 304,740 | € 581,747 | € 304,740 | € 183,392 | ▼ 40% |
| Dividend | € 0 | € 0 | € 609,773 | € 461,477 | ▼ 24% |
| Balance sheet total | € 343,440 | € 676,400 | € 667,217 | € 544,137 | ▼ 18% |
Key figures of NAOSU, 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 NAOSU?
What happened at NAOSU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 340,129 (▲ 2% vs 2024). Source: NBB ↗
- New establishment in Lo-Reninge. KBO
- Mathieu Coeman became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 183,392 profit in 2022 to € 340,129 profit in 2025.
Paid € 379,201 in corporate taxes since 2022.
Best year ever: 2025, with € 340,129 profit.
Paid out € 1.1 million in dividends to the owners in total.
Management
Behind NAOSU is Mathieu Coeman.
Directors
According to the 2025 annual accounts
Mathieu Coeman
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Clamarastraat 2
8647 Lo-Reninge
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
- 0765.537.658
- VAT number
- BE 0765.537.658
- Registered office
- Clamarastraat 2, 8647 Lo-Reninge
- Names & denominations
- NAOSU
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 2021
- Peppol
- Active · Active since 20 Jan 2026
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