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 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
N-Connection Group from Oud-Heverlee, company number BE0782802074, closed financial year 2025 with a result of € -6,734 after tax. For that financial year N-Connection Group recorded a gross margin of € -643 and equity of € 20,220. Compared with financial year 2024, the result moved from € 5,369 to € -6,734. The company made a loss. 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 July 6, 2026.
€ 20,220
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,734
▼ still € 5,369 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 220.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 457
▼ 58% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 22,100
▼ 37% vs 2024
€ 11,632 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 31
▼ € 6,587 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 39,634
▲ 74% vs 2024
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 | |
|---|---|---|---|---|---|
| Gross margin | € 5,084 | € 17,675 | € 14,840 | € -643 | ▼ € 15,484 |
| Profit after taxes | € -4,168 | € 5,754 | € 5,369 | € -6,734 | ▼ € 12,103 |
| Equity | € 15,832 | € 21,586 | € 26,955 | € 20,220 | ▼ 25% |
| Total debts | € 166,710 | € 143,203 | € 131,814 | € 123,275 | ▼ 6% |
| Cash | € 15,244 | - | - | - | |
| Retained profit | € -4,168 | € 1,586 | € 6,955 | € 220 | ▼ 97% |
| Bank debt | € 58,200 | € 47,473 | € 35,187 | € 22,100 | ▼ 37% |
| Balance sheet total | € 182,542 | € 164,789 | € 158,768 | € 143,495 | ▼ 10% |
Key figures of N-Connection Group, 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 N-Connection Group?
What happened at N-Connection Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,734 (▼ € 12,103 vs 2024). Source: NBB ↗
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,168 loss in 2022 to € 6,734 loss in 2025.
Paid € 3,185 in corporate taxes since 2022.
Best year ever: 2023, with € 5,754 profit.
A new publication or filing at N-Connection Group? 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
Behind N-Connection Group is HANS VERSTRAETE.
Directors
According to the 2025 annual accounts
HANS VERSTRAETE
Director
Establishments
Establishment units
Physical locations of this company
Winkelweg 4
3050 Oud-Heverlee
Naamsesteenweg 380 box C-D
3001 Leuven
Active since 2 March 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0782.802.074
- VAT number
- BE 0782.802.074
- Registered office
- Winkelweg 4, 3050 Oud-Heverlee
- Names & denominations
- N-Connection Group
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 March 2022
- Peppol
- Active · Active since 18 Mar 2022
- Activities · NACE
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