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 50 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
NSB Holding from Willebroek, company number BE0795353973, closed financial year 2025 with a result of € 321,187 after tax. For that financial year NSB Holding recorded a gross margin of € 21,494 and equity of € 323,421. Compared with financial year 2024, the result moved from € -1,530 to € 321,187. 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 August 31, 2026.
€ 323,421
▲ € 321,187 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 321,187
▲ still € 1,530 loss in 2024
Profit after tax over the fiscal year.
€ 11,990
▲ € 10,356 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 € 317,421.
Debts at end 2025
€ 2.7 million
€ 232,902 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -1,450 | € -970 | € 21,494 | ▲ € 22,464 |
| Profit after taxes | € -2,236 | € -1,530 | € 321,187 | ▲ € 322,717 |
| Equity | € 3,764 | € 2,234 | € 323,421 | ▲ € 321,187 |
| Total debts | € 0 | € 1,867,000 | € 3,070,634 | ▲ 64% |
| Cash | € 3,164 | € 1,634 | € 11,990 | ▲ € 10,356 |
| Retained profit | € -2,236 | € -3,766 | € 317,421 | ▲ € 321,187 |
| Bank debt | € 0 | € 0 | € 2,727,335 | |
| Balance sheet total | € 3,764 | € 1,869,234 | € 3,394,055 | ▲ 82% |
Key figures of NSB Holding, 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 NSB Holding?
What happened at NSB Holding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 321,187. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 2,236 loss in 2023 to € 321,187 profit in 2025.
Best year ever: 2025, with € 321,187 profit.
A new publication or filing at NSB Holding? 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 NSB Holding are NICK PORTUGAELS, BRITT PORTUGAELS and STEVE PORTUGAELS. NICK PORTUGAELS is also behind Nidolin. STEVE PORTUGAELS is also behind PORTUGAELS INVEST and SP Projects.
Directors
According to the 2025 annual accounts
BRITT PORTUGAELS
Director
Establishments
Establishment units
Physical locations of this company
Nieuwstraat 8
2830 Willebroek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0795.353.973
- VAT number
- BE 0795.353.973
- Registered office
- Nieuwstraat 8, 2830 Willebroek
- Names & denominations
- NSB Holding
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2022
- Peppol
- Not registered