Financials
Financial year 2025
Niticon from Merelbeke, company number BE0783511164, closed financial year 2025 with a result of € 96,047 after tax. For that financial year Niticon recorded a gross margin of € 149,095 and equity of € 300,180. Compared with financial year 2024, the result moved from € 86,892 to € 96,047. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 300,180
▲ 47% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 96,047
▲ 11% vs 2024
Profit after tax over the fiscal year.
€ 281,047
▲ 50% 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 € 290,180.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,755
▲ € 1,694 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 27
▲ 128% vs 2024
Loans from banks and other lenders, long and short.
€ 772
▲ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,392
▼ 7% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 74,746 | € 89,506 | € 128,974 | € 149,095 | ▲ 16% |
| Profit after taxes | € 48,162 | € 59,078 | € 86,892 | € 96,047 | ▲ 11% |
| Equity | € 58,162 | € 117,240 | € 204,132 | € 300,180 | ▲ 47% |
| Total debts | € 15,099 | € 16,759 | € 14,484 | € 13,833 | ▼ 4% |
| Cash | € 54,617 | € 115,796 | € 186,848 | € 281,047 | ▲ 50% |
| Retained profit | € 48,162 | € 107,240 | € 194,132 | € 290,180 | ▲ 49% |
| Bank debt | € 11 | € 133 | € 12 | € 27 | ▲ 128% |
| Balance sheet total | € 73,261 | € 133,999 | € 218,616 | € 314,013 | ▲ 44% |
Key figures of Niticon, 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 Niticon?
What happened at Niticon in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 96,047 (▲ 11% vs 2024). Source: NBB ↗
- New establishment in Merelbeke. KBO
- Tim Nicolai became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 48,162 profit in 2022 to € 96,047 profit in 2025.
Paid € 136,809 in corporate taxes since 2022.
Best year ever: 2025, with € 96,047 profit.
Management
Behind Niticon is Tim Nicolai.
Directors
According to the 2025 annual accounts
Tim Nicolai
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Hollebeekstraat 10-12
9820 Merelbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0783.511.164
- VAT number
- BE 0783.511.164
- Registered office
- Hollebeekstraat 10-12, 9820 Merelbeke
- Names & denominations
- Niticon
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 2022
- Peppol
- Active · Active since 27 Feb 2025
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