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 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NO HO from Sint-Pieters-Leeuw, company number BE0783839281, closed financial year 2025 with a result of € 128,862 after tax. For that financial year NO HO recorded a gross margin of € 26,995 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 106,122 to € 128,862. 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 August 31, 2026.
€ 1.4 million
▲ 244% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 128,862
▲ 21% vs 2024
Profit after tax over the fiscal year.
€ 6,087
▲ € 5,044 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 € 486,398.
Debts at end 2025
€ 825,248
▼ 14% vs 2024
€ 314,892 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 513
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,171
▲ € 904 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 62,022 | € 7,407 | € 26,995 | ▲ 264% |
| Profit after taxes | € 251,414 | € 106,122 | € 128,862 | ▲ 21% |
| Equity | € 301,414 | € 407,537 | € 1,400,398 | ▲ 244% |
| Total debts | € 1,119,043 | € 991,056 | € 869,688 | ▼ 12% |
| Cash | € 10,207 | € 1,042 | € 6,087 | ▲ € 5,044 |
| Retained profit | € 251,414 | € 357,537 | € 486,398 | ▲ 36% |
| Bank debt | € 1,095,097 | € 960,638 | € 825,248 | ▼ 14% |
| Balance sheet total | € 1,420,457 | € 1,398,592 | € 2,270,087 | ▲ 62% |
Key figures of NO HO, fiscal years 2023 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 NO HO?
What happened at NO HO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 128,862 (▲ 21% vs 2024). filed late Source: NBB ↗
- New establishment in Sint-Pieters-Leeuw. KBO
- Start of the company according to the CBE. KBO
- Toon Proost became a director. NBB
- Michael Boudry became a director. NBB
In short
From € 251,414 profit in 2023 to € 128,862 profit in 2025.
Paid € 3,805 in corporate taxes since 2023.
Best year ever: 2023, with € 251,414 profit.
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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 Advocaat Michaël Boudry, THELAWCOMPANY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NO HOBehind NO HO are Toon Proost and Michael Boudry. The shares are held by Advocaat Michaël Boudry (50%) and THELAWCOMPANY (50%). It owns 100% of Novius advokaten itself.
Directors
According to the 2025 annual accounts
Toon Proost
Director
since 2022
Michael Boudry
Director
since 2022
Shareholders
Participations
100%
Establishments
Establishment units
Physical locations of this company
Victor Nonnemanstraat 15B
1600 Sint-Pieters-Leeuw
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0783.839.281
- VAT number
- BE 0783.839.281
- Registered office
- Victor Nonnemanstraat 15B, 1600 Sint-Pieters-Leeuw
- Names & denominations
- NO HO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 March 2022
- Peppol
- Active · Active since 20 May 2025
- Activities · NACE
Activiteiten van advocaten