Financials
Financial year 2025
NOLO from Zwevegem, company number BE0774287355, closed financial year 2025 with a result of € 55,956 after tax. For that financial year NOLO recorded a gross margin of € 76,661 and equity of € 128,822. Compared with financial year 2024, the result moved from € 32,736 to € 55,956. 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 January 28, 2026.
€ 128,822
▲ 77% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 55,956
▲ 71% vs 2024
Profit after tax over the fiscal year.
€ 5,183
▼ 58% 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 € 108,822.
Debts at end 2025
€ 244,676
▼ 7% vs 2024
€ 17,532 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 2,871
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,316
▲ 229% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 72,876 | € 47,645 | € 76,661 | ▲ 61% |
| Profit after taxes | € 20,130 | € 32,736 | € 55,956 | ▲ 71% |
| Equity | € 40,130 | € 72,866 | € 128,822 | ▲ 77% |
| Total debts | € 342,462 | € 272,575 | € 266,042 | ▼ 2% |
| Cash | € 62 | € 12,384 | € 5,183 | ▼ 58% |
| Land & buildings | € 305,805 | € 305,805 | € 305,805 | |
| Retained profit | € 20,130 | € 52,866 | € 108,822 | ▲ 106% |
| Bank debt | € 273,911 | € 263,589 | € 244,676 | ▼ 7% |
| Balance sheet total | € 382,592 | € 345,441 | € 394,864 | ▲ 14% |
Key figures of NOLO, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to NOLO?
What happened at NOLO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 55,956 (▲ 71% vs 2024). Source: NBB ↗
- New establishment in Zwevegem. KBO
- Kim De Gruyter became a director. NBB
- Pieter Decock became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 20,130 profit in 2023 to € 55,956 profit in 2025.
Paid € 27,381 in corporate taxes since 2023.
Best year ever: 2025, with € 55,956 profit.
Management
Behind NOLO are Kim De Gruyter and Pieter Decock. Pieter Decock is also behind Senex & Partners.
Directors
According to the 2025 annual accounts
Kim De Gruyter
Director
since 2021
since 2021
Establishments
Establishment units
Physical locations of this company
Deerlijkstraat(Z) 155
8550 Zwevegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0774.287.355
- VAT number
- BE 0774.287.355
- Registered office
- Deerlijkstraat(Z) 155, 8550 Zwevegem
- Names & denominations
- NOLO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 September 2021
- Peppol
- Active · Active since 16 Jul 2026
- Activities · NACE
Activiteiten van holdings
Holdings
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Activiteiten van hoofdkantoren
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Vermogensbeheer
Handel in eigen onroerend goed
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