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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2026; 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 2026
Nations Avenue Group from Knokke-Heist, company number BE0803578385, closed financial year 2026 with a result of € -110,980 after tax. For that financial year Nations Avenue Group recorded a gross margin of € -3,092 and equity of € -526,382. Compared with financial year 2025, the result moved from € -420,402 to € -110,980. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 6, 2026.
€ -526,382
▼ € 110,980 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -110,980
▲ 74 % less loss than in 2025
Profit after tax over the fiscal year.
€ 1,422
▼ 89% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -531,382.
Debts at end 2026
€ 3.9 million
Loans from banks and other lenders, long and short.
€ 226
Supplier invoices still open on the last day of the fiscal year.
| 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|
| Gross margin | € -8,553 | € -3,092 | ▲ € 5,461 |
| Profit after taxes | € -420,402 | € -110,980 | ▲ € 309,422 |
| Equity | € -415,402 | € -526,382 | ▼ € 110,980 |
| Total debts | € 5,285,470 | € 5,571,434 | ▲ 5% |
| Cash | € 13,302 | € 1,422 | ▼ 89% |
| Retained profit | € -420,402 | € -531,382 | ▼ € 110,980 |
| Bank debt | € 3,920,000 | € 3,920,000 | |
| Balance sheet total | € 4,870,068 | € 5,045,052 | ▲ 4% |
Key figures of Nations Avenue Group, fiscal years 2025 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Nations Avenue Group?
What happened at Nations Avenue Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 110,980. Source: NBB ↗
- Green House Knokke BV became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 420,402 loss in 2025 to € 110,980 loss in 2026.
Management
Behind Nations Avenue Group is Green House Knokke BV.
Directors
According to the 2026 annual accounts
Director · represented by Pieter Balcaen
since 2025
Establishments
Establishment units
Physical locations of this company
Roden Ossenstraat 5A
8300 Knokke-Heist
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0803.578.385
- VAT number
- BE 0803.578.385
- Registered office
- Roden Ossenstraat 5A, 8300 Knokke-Heist
- Names & denominations
- Nations Avenue Group
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 2023
- Peppol
- Not registered