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 3 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 7.1 to 6.
-
Busy address KBO
60 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
NXMH from Elsene, company number BE0830839345, closed financial year 2025 with a result of € 754.2 million after tax. Compared with financial year 2024, the result moved from € 69.9 million to € 754.2 million. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 28, 2026.
€ 725.9 million
▼ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 754.2 million
▲ € 684.4 million vs 2024
Profit after tax over the fiscal year.
€ 26.8 million
▲ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 841.1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
6
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 21% vs 2024
€ 241,500 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.
€ 41,109
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 702.6 million
▼ 28% vs 2024
€ 210.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1 million
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 42 days on average.
€ 3.9 million
▲ 36% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € -22,194,360 | € 24,868,847 | € 69,860,216 | € 754,234,615 | ▲ € 684.4 million |
| Equity | € 1,225,853,355 | € 1,250,722,202 | € 1,283,951,126 | € 725,891,469 | ▼ 43% |
| Total debts | € 550,180,394 | € 500,219,846 | € 1,120,576,363 | € 1,548,263,433 | ▲ 38% |
| Cash | € 10,138,281 | € 8,781,708 | € 19,729,179 | € 26,829,245 | ▲ 36% |
| Retained profit | € 28,786,717 | € 53,655,564 | € 86,884,488 | € 0 | ▼ 100% |
| Dividend | € 0 | € 0 | € 36,623,329 | € 841,119,103 | ▲ € 804.5 million |
| Bank debt | € 449,360,199 | € 433,313,904 | € 979,645,276 | € 702,638,746 | ▼ 28% |
| Balance sheet total | € 1,776,033,749 | € 1,750,942,048 | € 2,404,527,489 | € 2,274,154,902 | ▼ 5% |
| Employees (FTE) | 8 | 7.1 | 7 | 6 | ▼ 1 |
Key figures of NXMH, 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 NXMH?
What happened at NXMH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 754.2 million (▲ € 684.4 million vs 2024). Source: NBB ↗
- Sang Min YOO became a director. NBB
- Hanmin CHO became a director. NBB
- Laudes SRL became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 22.2 million loss in 2022 to € 754.2 million profit in 2025.
Paid € 4 million in corporate taxes since 2022.
Best year ever: 2025, with € 754.2 million profit.
Paid out € 877.7 million in dividends to the owners in total.
A new publication or filing at NXMH? We notify you, reason included.
Follow NXMHDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Behind NXMH are Sang Min YOO, Hanmin CHO and Laudes SRL. The shares are held by NXC Corporation (100%). It owns 100% of NXMH CIV 2, 100% of NXMH LLC, 100% of NXMH CIV BV, 100% of BITSTAMP HOLDINGS NV, 97.9% of Schesir S.p.A. and 95.1% of NXMH AS itself.
Directors
According to the 2025 annual accounts
Sang Min YOO
Bestuurder
since 2023
Hanmin CHO
Betuurder
since 2023
since 2022
Shareholders
NXC Corporation
100%
Participations
100%
NXMH LLC
100%
100%
100%
Schesir S.p.A.
97.9%
NXMH AS
95.1%
VALTUM FUND
57.4%
MODES MOOSE HOLDINGS ULC.
19.1%
NEXON CO.,LTD
14.3%
Establishments
Establishment units
Physical locations of this company
Louizalaan 326 box 24
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 60 companies are registered at this address.
All companies at this address →Société Générale de la Viscose
CROPLIFE INTERNATIONAL
ANCIENNE IMMOBILIERE DE WOLUWE
Mutualité U.C.B.-Mutualiteit U.C.B.
Citrex
+55 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
- 0830.839.345
- VAT number
- BE 0830.839.345
- Registered office
- Louizalaan 326 bus 24, 1050 Elsene
- Names & denominations
- NXMH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 November 2010
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Vermogensbeheer
Activiteiten van hoofdkantoren