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 61 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
N & N PROJECTS from Leopoldsburg, company number BE0771436446, closed financial year 2026 with a result of € 75 after tax. For that financial year N & N PROJECTS recorded a gross margin of € 24,155 and equity of € 24,118. Compared with financial year 2025, the result moved from € 15 to € 75. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 5, 2026.
€ 24,118
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 75
▲ € 60 vs 2025
Profit after tax over the fiscal year.
€ 11,881
▲ € 11,139 vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 21,118.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 71,510
▲ 24% vs 2025
Of which on lease € 58,386.
Debts at end 2026
€ 58,860
▲ 43% vs 2025
€ 19,025 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3,037
▼ 9% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 7,704
▼ 19% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 29,933 | € 36,813 | € 25,498 | € 24,155 | ▼ 5% |
| Profit after taxes | € 15,278 | € 9,449 | € 15 | € 75 | ▲ € 60 |
| Equity | € 14,578 | € 24,028 | € 24,043 | € 24,118 | |
| Total debts | € 46,425 | € 75,869 | € 53,998 | € 72,069 | ▲ 33% |
| Cash | € 15,780 | € 6,634 | € 743 | € 11,881 | ▲ € 11,139 |
| Land & buildings | € 1,067 | € 953 | € 840 | € 2,384 | ▲ 184% |
| Retained profit | € 11,578 | € 21,028 | € 21,043 | € 21,118 | |
| Dividend | € 3,700 | € 0 | € 0 | € 0 | |
| Bank debt | € 28,892 | € 63,557 | € 41,154 | € 58,860 | ▲ 43% |
| Balance sheet total | € 61,003 | € 99,897 | € 78,040 | € 96,187 | ▲ 23% |
Key figures of N & N PROJECTS, 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 N & N PROJECTS?
What happened at N & N PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 75 (▲ € 60 vs 2025). Source: NBB ↗
- New establishment in Leopoldsburg. KBO
- Nico Raeymaekers became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 15,278 profit in 2023 to € 75 profit in 2026.
Paid € 7,054 in corporate taxes since 2023.
Best year ever: 2023, with € 15,278 profit.
Paid out € 3,700 in dividends to the owners in total.
Management
Behind N & N PROJECTS is Nico Raeymaekers.
Directors
According to the 2026 annual accounts
Nico Raeymaekers
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Kanaalstraat 150
3971 Leopoldsburg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0771.436.446
- VAT number
- BE 0771.436.446
- Registered office
- Kanaalstraat 150, 3971 Leopoldsburg
- Names & denominations
- N & N PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 July 2021
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