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 63 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NAZHIA from Wezembeek-Oppem, company number BE0769353025, closed financial year 2025 with a result of € 55,374 after tax. For that financial year NAZHIA recorded a gross margin of € 1.4 million and equity of € 115,789. Compared with financial year 2024, the result moved from € 2,269 to € 55,374. 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 June 30, 2026.
€ 115,789
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 55,374
▲ € 53,105 vs 2024
Profit after tax over the fiscal year.
€ 351,834
Cash and bank balances on the last day of the fiscal year.
€ 53,000 paid out
96 % of the profit went to the shareholders, mostly to LE PAIN D'ANTAN (99 % of the shares). That is where the money ends up.
People and assets in 2025
25
▲ 3.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 21% vs 2024
€ 43,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 125,563
▼ 22% vs 2024
Of which on lease € 115,628.
Debts at end 2025
€ 1 million
▲ 16% vs 2024
€ 215,653 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 409,306
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 124,074
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 607,929 | € 1,094,103 | € 1,197,530 | € 1,414,830 | ▲ 18% |
| Profit after taxes | € -5,457 | € 15,492 | € 2,269 | € 55,374 | ▲ € 53,105 |
| Equity | € 65,043 | € 126,143 | € 120,914 | € 115,789 | ▼ 4% |
| Total debts | € 1,554,715 | € 1,838,623 | € 1,605,791 | € 1,818,316 | ▲ 13% |
| Cash | € 243,514 | € 361,395 | € 352,175 | € 351,834 | |
| Retained profit | € -5,457 | € 10,035 | € 12,304 | € 14,678 | ▲ 19% |
| Dividend | € 0 | € 0 | € 0 | € 53,000 | |
| Bank debt | € 1,035,260 | € 1,102,383 | € 870,682 | € 1,010,578 | ▲ 16% |
| Balance sheet total | € 1,619,758 | € 1,964,767 | € 1,726,705 | € 1,934,105 | ▲ 12% |
| Employees (FTE) | 9.5 | 18.2 | 21.5 | 25 | ▲ 3.5 |
Key figures of NAZHIA, 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 NAZHIA?
What happened at NAZHIA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 55,374 (▲ € 53,105 vs 2024). Source: NBB ↗
- New establishment in Sint-Pieters-Woluwe. KBO
- New establishment in Elsene. KBO
- New establishment in Wezembeek-Oppem. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,457 loss in 2022 to € 55,374 profit in 2025.
Paid € 17,750 in corporate taxes since 2022.
Best year ever: 2025, with € 55,374 profit.
On average € 56,600 of value added per employee in 2025.
A new publication or filing at NAZHIA? 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 LE PAIN D'ANTAN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NAZHIABehind NAZHIA is Le Pain d'Antan SA. The shares are held by LE PAIN D'ANTAN (99%).
Directors
According to the 2025 annual accounts
Director · represented by Hafedh Ben Naceur
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Mechelsesteenweg 267
1970 Wezembeek-Oppem
Waterloose Steenweg 656
1050 Elsene
Active since 2 June 2022
Kerkstraat 120-122
1150 Sint-Pieters-Woluwe
Active since 1 December 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0769.353.025
- VAT number
- BE 0769.353.025
- Registered office
- Mechelsesteenweg 267, 1970 Wezembeek-Oppem
- Names & denominations
- NAZHIA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 June 2021
- Peppol
- Active · Active since 29 Jan 2026
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Vervaardiging van beschuit, biscuit en houdbaar banketbakkerswerk
Detailhandel in chocolade en suikerwerk
Detailhandel in brood en banketbakkerswerk (koude bakkers)
Vervaardiging van cacao, chocolade en suikerwerk
Eetgelegenheden met beperkte bediening