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 33 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
75 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Golden NN from Waregem, company number BE0776640693, closed financial year 2025 with a result of € 118,073 after tax. Compared with financial year 2024, the result moved from € -3,456 to € 118,073. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 909,627
▲ 67% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 118,073
▲ still € 3,456 loss in 2024
Profit after tax over the fiscal year.
€ 21,606
▲ 9% 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 € 107,219.
Debts at end 2025
€ 9.7 million
▲ 58% vs 2024
Loans from banks and other lenders, long and short.
€ 2.4 million
▲ € 2 million vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 163 days on average.
€ 39,046
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 | |
|---|---|---|---|---|---|
| Profit after taxes | € -4,367 | € -3,032 | € -3,456 | € 118,073 | ▲ € 121,529 |
| Equity | € 57,133 | € 54,101 | € 545,338 | € 909,627 | ▲ 67% |
| Total debts | € 469,567 | € 1,460,880 | € 6,763,548 | € 12,641,355 | ▲ 87% |
| Cash | € 653 | € 2,424 | € 19,794 | € 21,606 | ▲ 9% |
| Retained profit | € -4,367 | € -7,399 | € -10,854 | € 107,219 | ▲ € 118,073 |
| Bank debt | € 445,000 | € 1,141,000 | € 6,150,946 | € 9,730,191 | ▲ 58% |
| Balance sheet total | € 526,700 | € 1,514,981 | € 7,308,885 | € 13,797,952 | ▲ 89% |
Key figures of Golden NN, 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 Golden NN?
What happened at Golden NN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Paul Thiers stepped down as director. NBB
- Davy Demuynck stepped down as director. NBB
- Kristof Vanfleteren stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 118,073. Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
- Paul Thiers became a director. NBB
- Davy Demuynck became a director. NBB
In short
From € 4,367 loss in 2022 to € 118,073 profit in 2025.
Paid € 39,046 in corporate taxes since 2022.
Best year ever: 2025, with € 118,073 profit.
Pays suppliers within 163 days on average.
A new publication or filing at Golden NN? 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 LION INVESTMENT FUND comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Golden NNThe shares are held by LION INVESTMENT FUND (100%).
Directors
According to the 2025 annual accounts
Paul Thiers
Director
Also active at: COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, BedRocks, KEMPENSE LAND BANK, STUDIO 2CV, CELIDEE CONSTRUCT, ION Service Provider +39 more
since 2021 · until 2027
Davy Demuynck
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO, RIKOTAL +133 more
since 2021 · until 2027
Kristof Vanfleteren
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, A’PEN, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO +139 more
since 2021 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vredestraat 53
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 75 companies are registered at this address.
All companies at this address →Van Eyck Residentie
€ 159,675 gross margin · 2025
RODEKRUISPLEIN same network
€ 45,360 gross margin · 2025
COBOS same network
DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ same network
€ 325,000 revenue · 2025
SRB-invest
€ 2.1 million gross margin · 2022
+70 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0776.640.693
- VAT number
- BE 0776.640.693
- Registered office
- Vredestraat 53, 8790 Waregem
- Names & denominations
- Golden NN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 October 2021
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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