Financials
Financial year 2025
NICOBA FINANCE from Gent, company number BE0823561870, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year NICOBA FINANCE recorded a gross margin of € -2,296 and equity of € 20.2 million. Compared with financial year 2024, the result moved from € 1.2 million to € 1.1 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 20.2 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▼ 9% vs 2024
Profit after tax over the fiscal year.
€ 178,399
▼ 94% 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 € 3 million.
Debts at end 2025
€ 3.4 million
Loans from banks and other lenders, long and short.
€ 7,041
Supplier invoices still open on the last day of the fiscal year.
€ 89,467
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 | € -3,257 | € -2,350 | € -2,438 | € -2,296 | ▲ € 142 |
| Profit after taxes | € -495,696 | € 1,216,481 | € 1,217,341 | € 1,104,010 | ▼ 9% |
| Equity | € 16,662,268 | € 17,878,749 | € 19,096,090 | € 20,200,100 | ▲ 6% |
| Total debts | € 2,802,500 | € 3,400,000 | € 5,100,000 | € 4,896,508 | ▼ 4% |
| Cash | € 1,971,036 | € 586,030 | € 2,793,475 | € 178,399 | ▼ 94% |
| Retained profit | € -537,732 | € 678,749 | € 1,896,090 | € 3,000,100 | ▲ 58% |
| Bank debt | € 2,802,500 | € 3,400,000 | € 3,400,000 | € 3,400,000 | |
| Balance sheet total | € 19,464,768 | € 21,278,749 | € 24,196,090 | € 25,096,608 | ▲ 4% |
Key figures of NICOBA FINANCE, 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 NICOBA FINANCE?
What happened at NICOBA FINANCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Katti Borré stepped down as director. NBB
- Ghislaine Heiremans stepped down as director. NBB
- Benni Borré stepped down as director. NBB
- Nicoba NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.1 million (▼ 9% vs 2024). Source: NBB ↗
- Katti Borré became a director. NBB
- Ghislaine Heiremans became a director. NBB
- Benni Borré became a director. NBB
In short
From € 495,696 loss in 2022 to € 1.1 million profit in 2025.
Paid € 353,664 in corporate taxes since 2022.
Best year ever: 2024, with € 1.2 million profit.
Management
Directors
According to the 2025 annual accounts
since 2022 · until 2028
since 2022 · until 2028
Katti Borré
Director
Also active at: TRANSBAT, ELBETON BELGIUM, AXIONA, KENBAT, NICOBA, VANEBO International
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Bollebergen 2A box 30
9052 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →TRANSBAT same network
€ 396,226 gross margin · 2025
AXIONA same network
€ 240,778 gross margin · 2025
KENBAT same network
€ 685,310 gross margin · 2025
NICOBA same network
€ 140,512 gross margin · 2025
RAMI SERVICES
€ 3 million revenue · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0823.561.870
- VAT number
- BE 0823.561.870
- Registered office
- Bollebergen 2A bus 30, 9052 Gent
- Names & denominations
- NICOBA FINANCE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 March 2010
- Peppol
- Active · Active since 30 Jan 2025