What does NICOLAERS do?

NICOLAERS is an electrical contractor in Wellen. Private Limited, started on 31 October 2009, 1 establishment.

What is the address of NICOLAERS?

The registered office of NICOLAERS is located at Bosveldstraat 2, 3830 Wellen.

Is NICOLAERS still active?

Yes. According to the CBE (31 October 2026) NICOLAERS is active, legal situation “Normale toestand”, started on 31 October 2009.

Is NICOLAERS registered on Peppol?

Yes, NICOLAERS is registered on the Peppol network with ID 0208:0820305838.

What is the enterprise number of NICOLAERS?

The enterprise number of NICOLAERS is BE0820305838.

When was NICOLAERS founded?

NICOLAERS was founded on 31 October 2009.

Who are the directors of NICOLAERS?

According to the 2025 annual accounts, the directors of NICOLAERS are: Erik Nicolaers.

Is NICOLAERS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 October 2009; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did NICOLAERS make in 2025?

NICOLAERS posted a profit after taxes of € 44 in financial year 2025.

What is the revenue of NICOLAERS?

As a small company, NICOLAERS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 31,447.

NICOLAERS (Private Limited) - Wellen - BE0820305838

Dossier NICOLAERS, printed on 31 October 2026 from databakkes.be/en/0820305838/nicolaers. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

NICOLAERS from Wellen, company number BE0820305838, closed financial year 2025 with a result of € 44 after tax. For that financial year NICOLAERS recorded a gross margin of € 31,447 and equity of € 43,320. Compared with financial year 2024, the result moved from € 1,369 to € 44. 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 January 20, 2026.

What it is worth Growing

€ 43,320

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 44

▼ 97% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 4,914

▼ 61% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 24,720.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost estimate Staff cost at a one-person company Staff Only people on the payroll count here.€ 6,686 Likely the director’s social contribution or pension premium.The director’s pay Already netted into the gross margin, not shown separately in the accounts. Typical for one-person companies € 45,000 gross per year minimum for the reduced tax rate≈ € 2,100 net per month after contributions, tax and usually some benefits in kind, roughly Assumption based on the chart of accounts, not a figure from the source.

€ 6,686

▼ 42% vs 2024

No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.

Vehicles and equipment

€ 22,750

▼ 16% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 200,336

▼ 8% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 36,419

▼ 27% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 5,527

▼ 2% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 59,624 Gross margin 2022: € 59,624 First fiscal year in the series	€ 67,488 Gross margin 2023: € 67,488 ▲ 13% vs 2022 (€ 59,624) Favourable step	€ 35,807 Gross margin 2024: € 35,807 ▼ 47% vs 2023 (€ 67,488) Unfavourable step	€ 31,447 Gross margin 2025: € 31,447 ▼ 12% vs 2024 (€ 35,807) Unfavourable step	▼ 12%
Profit after taxes	€ -6,270 Profit after taxes 2022: € -6,270 First fiscal year in the series	€ 9,528 Profit after taxes 2023: € 9,528 ▲ € 15,798 vs 2022 (€ -6,270) Favourable step	€ 1,369 Profit after taxes 2024: € 1,369 ▼ 86% vs 2023 (€ 9,528) Unfavourable step	€ 44 Profit after taxes 2025: € 44 ▼ 97% vs 2024 (€ 1,369) Unfavourable step	▼ 97%
Equity	€ 32,380 Equity 2022: € 32,380 First fiscal year in the series	€ 41,908 Equity 2023: € 41,908 ▲ 29% vs 2022 (€ 32,380) Favourable step	€ 43,277 Equity 2024: € 43,277 ▲ 3% vs 2023 (€ 41,908) Favourable step	€ 43,320 Equity 2025: € 43,320 Unchanged (€ 43,277) Favourable step
Total debts	€ 327,295 Total debts 2022: € 327,295 First fiscal year in the series	€ 274,417 Total debts 2023: € 274,417 ▼ 16% vs 2022 (€ 327,295) Favourable step	€ 273,296 Total debts 2024: € 273,296 Unchanged (€ 274,417) Favourable step	€ 259,705 Total debts 2025: € 259,705 ▼ 5% vs 2024 (€ 273,296) Favourable step	▼ 5%
Cash	€ 12,917 Cash 2022: € 12,917 First fiscal year in the series	€ 14,808 Cash 2023: € 14,808 ▲ 15% vs 2022 (€ 12,917) Favourable step	€ 12,662 Cash 2024: € 12,662 ▼ 14% vs 2023 (€ 14,808) Unfavourable step	€ 4,914 Cash 2025: € 4,914 ▼ 61% vs 2024 (€ 12,662) Unfavourable step	▼ 61%
Land & buildings	€ 261,610 Land & buildings 2022: € 261,610 First fiscal year in the series	€ 211,656 Land & buildings 2023: € 211,656 ▼ 19% vs 2022 (€ 261,610) Unchanged	€ 206,201 Land & buildings 2024: € 206,201 ▼ 3% vs 2023 (€ 211,656) Unchanged	€ 200,746 Land & buildings 2025: € 200,746 ▼ 3% vs 2024 (€ 206,201) Unchanged	▼ 3%
Retained profit	€ 13,780 Retained profit 2022: € 13,780 First fiscal year in the series	€ 23,308 Retained profit 2023: € 23,308 ▲ 69% vs 2022 (€ 13,780) Favourable step	€ 24,677 Retained profit 2024: € 24,677 ▲ 6% vs 2023 (€ 23,308) Favourable step	€ 24,720 Retained profit 2025: € 24,720 Unchanged (€ 24,677) Favourable step
Bank debt	€ 261,218 Bank debt 2022: € 261,218 First fiscal year in the series	€ 234,137 Bank debt 2023: € 234,137 ▼ 10% vs 2022 (€ 261,218) Favourable step	€ 216,871 Bank debt 2024: € 216,871 ▼ 7% vs 2023 (€ 234,137) Favourable step	€ 200,336 Bank debt 2025: € 200,336 ▼ 8% vs 2024 (€ 216,871) Favourable step	▼ 8%
Balance sheet total	€ 359,674 Balance sheet total 2022: € 359,674 First fiscal year in the series	€ 316,325 Balance sheet total 2023: € 316,325 ▼ 12% vs 2022 (€ 359,674) Unchanged	€ 316,573 Balance sheet total 2024: € 316,573 Unchanged (€ 316,325) Unchanged	€ 303,025 Balance sheet total 2025: € 303,025 ▼ 4% vs 2024 (€ 316,573) Unchanged	▼ 4%

Key figures of NICOLAERS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to NICOLAERS?

What happened at NICOLAERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jan 20, 2026 New annual accounts for financial year 2025: profit of € 44 (▼ 97% vs 2024). Source: NBB ↗
Nov 17, 2009 New establishment in Wellen. KBO
Oct 31, 2009 Start of the company according to the CBE. KBO

In short

From € 6,270 loss in 2022 to € 44 profit in 2025.

Paid € 17,396 in corporate taxes since 2022.

Best year ever: 2023, with € 9,528 profit.

Original PDFs at the National Bank ↗

Management

Erik Nicolaers

NICOLAERS

Behind NICOLAERS is Erik Nicolaers.

Directors

According to the 2025 annual accounts

Erik Nicolaers

Manager

Establishments

Establishment units

Physical locations of this company

Registered office

Bosveldstraat 2

3830 Wellen

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0820.305.838

VAT number

BE 0820.305.838

Registered office

Bosveldstraat 2, 3830 Wellen

Names & denominations

NICOLAERS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

31 October 2009

Peppol

Active · Active since 10 Nov 2023

Activities · NACE

Algemene elektrotechnische installatiewerken

Overige gespecialiseerde bouwactiviteiten, neg

Overige gespecialiseerde bouwwerkzaamheden

Metselwerk

Chapewerken

Uitvoeren van metsel- en voegwerken

View on CBE Public ↗ Annual accounts (NBB) ↗

NICOLAERS

Warning lights

Financials

What happened to NICOLAERS?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions