Financials
Financial year 2024
NNCO from Brussel, company number BE0819867061, closed financial year 2024 with a result of € 59,304 after tax. For that financial year NNCO recorded a gross margin of € 1.9 million and equity of € 880,000. Compared with financial year 2023, the result moved from € 124,834 to € 59,304. 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 August 29, 2025.
€ 880,000
▲ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 59,304
▼ 52% vs 2023
Profit after tax over the fiscal year.
€ 211,981
▲ 1% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 15,000 paid out
25 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
502,841.2
▲ 149,460.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 502,841
▲ 42% vs 2023
€ 0 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 72,651
▲ 177% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 5.4 million
▲ 37% vs 2023
€ 241,956 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 413,482
▼ 49% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 202,806
▼ 20% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 767,805 | € 1,252,229 | € 1,261,128 | € 1,852,709 | ▲ 47% |
| Profit after taxes | € -17,245 | € 126,459 | € 124,834 | € 59,304 | ▼ 52% |
| Equity | € 609,403 | € 735,862 | € 835,697 | € 880,000 | ▲ 5% |
| Total debts | € 6,817,503 | € 5,488,357 | € 5,975,987 | € 6,067,628 | ▲ 2% |
| Cash | € 254,841 | € 130,382 | € 210,181 | € 211,981 | ▲ 1% |
| Land & buildings | € 5,570,252 | € 5,366,277 | € 5,118,151 | € 5,511,793 | ▲ 8% |
| Retained profit | € 589,403 | € 715,862 | € 815,697 | € 860,000 | ▲ 5% |
| Dividend | € 0 | € 0 | € 25,000 | € 15,000 | ▼ 40% |
| Bank debt | € 4,333,693 | € 4,116,680 | € 3,938,406 | € 5,393,192 | ▲ 37% |
| Balance sheet total | € 7,426,906 | € 6,224,219 | € 6,811,684 | € 6,947,629 | ▲ 2% |
| Employees (FTE) | 14.2 | 380,912.2 | 353,381 | 502,841.2 | ▲ 149,460.2 |
Key figures of NNCO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to NNCO?
What happened at NNCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 59,304 (▼ 52% vs 2023). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Liman Nurettin became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 17,245 loss in 2021 to € 59,304 profit in 2024.
Paid € 130,115 in corporate taxes since 2021.
Best year ever: 2022, with € 126,459 profit.
On average € 0 of value added per employee in 2024.
A new publication or filing at NNCO? 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 2024 annual accounts
Liman Nurettin
Manager
since 2009
Establishments
Establishment units
Physical locations of this company
De Béjarlaan 2-6
1120 Brussel
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
- 0819.867.061
- VAT number
- BE 0819.867.061
- Registered office
- De Béjarlaan 2-6, 1120 Brussel
- Names & denominations
- NNCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 2009
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
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