Financials
Financial year 2025
NSA from Knokke-Heist, company number BE0822737964, closed financial year 2025 with a result of € -573,471 after tax. For that financial year NSA recorded a gross margin of € -500,450 and equity of € 26.1 million. Compared with financial year 2024, the result moved from € 787,043 to € -573,471. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2026.
€ 26.1 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -573,471
▼ still € 787,043 profit in 2024
Profit after tax over the fiscal year.
€ 3.3 million
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 26.1 million.
People and assets in 2025
€ 200,277
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.6 million
▲ 211% vs 2024
€ 31,629 is repaid this year. At this pace the long-term loan is gone in ≈ 146 years.
€ 3.4 million
▲ € 3.1 million vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 103,007
▲ 15% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,044 | € -587,759 | € -494,737 | € -500,450 | ▼ € 5,713 |
| Profit after taxes | € 890,934 | € -75,755 | € 787,043 | € -573,471 | ▼ € 1.4 million |
| Equity | € 25,987,110 | € 25,911,355 | € 26,698,398 | € 26,124,927 | ▼ 2% |
| Total debts | € 4,400,305 | € 3,604,241 | € 1,923,400 | € 10,013,178 | ▲ € 8.1 million |
| Cash | € 1,464,280 | € 86,122 | € 4,589,401 | € 3,339,426 | ▼ 27% |
| Land & buildings | € 2,259,494 | € 2,586,096 | € 2,462,224 | € 5,808,456 | ▲ 136% |
| Retained profit | € 25,968,560 | € 25,892,805 | € 26,679,848 | € 26,106,377 | ▼ 2% |
| Bank debt | € 2,686,312 | € 2,058,416 | € 1,485,244 | € 4,626,386 | ▲ 211% |
| Balance sheet total | € 30,387,416 | € 29,515,596 | € 28,621,798 | € 36,138,105 | ▲ 26% |
Key figures of NSA, 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 NSA?
What happened at NSA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 573,471 (▼ € 1.4 million vs 2024). filed late Source: NBB ↗
- Josephine Daenen became a director. NBB
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 890,934 profit in 2022 to € 573,471 loss in 2025.
Paid € 148,250 in corporate taxes since 2022.
Best year ever: 2022, with € 890,934 profit.
Management
Behind NSA are Nicolas Saelens and Josephine Daenen. It owns 25% of Syracuse Holding itself.
Directors
According to the 2025 annual accounts
Josephine Daenen
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Bijenhof 3
8300 Knokke-Heist
Westkaai 20 box 4A
8900 Ieper
Active since 29 January 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0822.737.964
- VAT number
- BE 0822.737.964
- Registered office
- Bijenhof 3, 8300 Knokke-Heist
- Names & denominations
- NSA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 January 2010
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
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