Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Nolens Projects from Pajottegem, company number BE0794830965, closed financial year 2025 with a result of € 8,943 after tax. For that financial year Nolens Projects recorded a gross margin of € 71,643 and equity of € 29,713. Compared with financial year 2024, the result moved from € 15,688 to € 8,943. The company is profitable. 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 March 19, 2026.
€ 29,713
▲ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,943
▼ 43% vs 2024
Profit after tax over the fiscal year.
€ 55,116
▲ 300% 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 € 24,713.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 78,352
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 83,350
▲ 61% vs 2024
€ 23,745 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 4,122
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,887
▲ 78% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 12,988 | € 49,764 | € 71,643 | ▲ 44% |
| Profit after taxes | € 83 | € 15,688 | € 8,943 | ▼ 43% |
| Equity | € 5,083 | € 20,770 | € 29,713 | ▲ 43% |
| Total debts | € 148,451 | € 203,926 | € 304,702 | ▲ 49% |
| Cash | € 7,330 | € 13,772 | € 55,116 | ▲ 300% |
| Retained profit | € 83 | € 15,770 | € 24,713 | ▲ 57% |
| Bank debt | € 64,712 | € 51,636 | € 83,350 | ▲ 61% |
| Balance sheet total | € 153,534 | € 224,696 | € 334,415 | ▲ 49% |
Key figures of Nolens Projects, 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 April 2027.
What happened to Nolens Projects?
What happened at Nolens Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,943 (▼ 43% vs 2024). Source: NBB ↗
- New establishment in Pajottegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 83 profit in 2023 to € 8,943 profit in 2025.
Paid € 6,962 in corporate taxes since 2023.
Best year ever: 2024, with € 15,688 profit.
Management
Behind Nolens Projects is Joachim Nolens. Joachim Nolens is also behind NOLENS IMMO.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Goteringenstraat 37
1755 Pajottegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0794.830.965
- VAT number
- BE 0794.830.965
- Registered office
- Goteringenstraat 37, 1755 Pajottegem
- Names & denominations
- Nolens Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 2022
- Peppol
- Active · Active since 25 Dec 2025
- Activities · NACE
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