Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 2.1 to 0.9.
Financials
Financial year 2025
NESCO from Waregem, company number BE0819365631, closed financial year 2025 with a result of € 6,086 after tax. For that financial year NESCO recorded a gross margin of € 122,550 and equity of € 316,479. Compared with financial year 2024, the result moved from € -57,097 to € 6,086. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 316,479
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,086
▲ still € 57,097 loss in 2024
Profit after tax over the fiscal year.
€ 3,534
▼ 88% 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 € 297,879.
People and assets in 2025
0.9
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 43,600
▼ 1% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,785
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 478,854
▼ 36% vs 2024
€ 51,429 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 111,369
▲ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,216
▼ 47% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 147,298 | € 193,491 | € 94,820 | € 122,550 | ▲ 29% |
| Profit after taxes | € -7,083 | € 1,138 | € -57,097 | € 6,086 | ▲ € 63,184 |
| Equity | € 366,353 | € 367,490 | € 310,393 | € 316,479 | ▲ 2% |
| Total debts | € 1,078,014 | € 1,015,502 | € 869,812 | € 619,096 | ▼ 29% |
| Cash | € 29,205 | € 20,769 | € 29,293 | € 3,534 | ▼ 88% |
| Land & buildings | € 445,409 | € 425,705 | € 410,082 | € 381,847 | ▼ 7% |
| Retained profit | € 347,753 | € 348,890 | € 291,793 | € 297,879 | ▲ 2% |
| Bank debt | € 905,490 | € 813,069 | € 752,189 | € 478,854 | ▼ 36% |
| Balance sheet total | € 1,444,366 | € 1,382,993 | € 1,180,205 | € 935,575 | ▼ 21% |
| Employees (FTE) | 2 | 2.1 | 1.1 | 0.9 | ▼ 0.2 |
Key figures of NESCO, 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 NESCO?
What happened at NESCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,086. Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,083 loss in 2022 to € 6,086 profit in 2025.
Paid € 838 in corporate taxes since 2022.
Best year ever: 2025, with € 6,086 profit.
On average € 86,200 of value added per employee in 2024.
A new publication or filing at NESCO? 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
Directors
According to the 2025 annual accounts
Denis Vanneste
Director
Establishments
Establishment units
Physical locations of this company
Abdijstraat 5
8792 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
COMBELL-AS, BE
Domain
Domain
swyff.com
Registered
2009-10-05
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-10-05
Website info
Features
Security
Details
- Company number
- 0819.365.631
- VAT number
- BE 0819.365.631
- Registered office
- Abdijstraat 5, 8792 Waregem
- Names & denominations
- NESCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 October 2009
- Peppol
- Active · Active since 21 Dec 2025
- Contact
- swyff.com
- Activities · NACE
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