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 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NICHOLSON PROJECT from Aalst, company number BE0835066169, closed financial year 2025 with a result of € 117,110 after tax. For that financial year NICHOLSON PROJECT recorded a gross margin of € 235,770 and equity of € 762,817. Compared with financial year 2024, the result moved from € 26,258 to € 117,110. Profitable, and profit is growing. 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 July 6, 2026.
€ 762,817
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 117,110
▲ € 90,853 vs 2024
Profit after tax over the fiscal year.
€ 6,391
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 20,000 paid out
17 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 320
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 22,338
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 383,080
▼ 7% vs 2024
€ 53,008 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 2,583
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,168
▲ 58% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 106,329 | € 108,369 | € 108,783 | € 235,770 | ▲ 117% |
| Profit after taxes | € 16,158 | € 17,744 | € 26,258 | € 117,110 | ▲ € 90,853 |
| Equity | € 946,705 | € 964,449 | € 990,707 | € 762,817 | ▼ 23% |
| Total debts | € 498,576 | € 460,081 | € 440,558 | € 432,685 | ▼ 2% |
| Cash | € 187,106 | € 8,321 | € 7,298 | € 6,391 | ▼ 12% |
| Land & buildings | € 1,237,706 | € 1,379,651 | € 1,355,887 | € 1,134,916 | ▼ 16% |
| Retained profit | € 21,705 | € 39,449 | € 65,707 | € 162,817 | ▲ 148% |
| Dividend | € 0 | € 0 | € 0 | € 20,000 | |
| Bank debt | € 497,678 | € 454,882 | € 411,396 | € 383,080 | ▼ 7% |
| Balance sheet total | € 1,445,281 | € 1,424,530 | € 1,431,264 | € 1,195,502 | ▼ 16% |
Key figures of NICHOLSON PROJECT, 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 NICHOLSON PROJECT?
What happened at NICHOLSON PROJECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 117,110 (▲ € 90,853 vs 2024). Source: NBB ↗
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,158 profit in 2022 to € 117,110 profit in 2025.
Paid € 84,783 in corporate taxes since 2022.
Best year ever: 2025, with € 117,110 profit.
Paid out € 20,000 in dividends to the owners in total.
A new publication or filing at NICHOLSON PROJECT? We notify you, reason included.
Follow NICHOLSON PROJECTDatabakkes 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 NICHOLSON PROJECT is Van De Velde Wim.
Directors
According to the 2025 annual accounts
Van De Velde Wim
Director
Establishments
Establishment units
Physical locations of this company
Hekelgemstraat 102
9320 Aalst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0835.066.169
- VAT number
- BE 0835.066.169
- Registered office
- Hekelgemstraat 102, 9320 Aalst
- Names & denominations
- NICHOLSON PROJECT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 2011
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden
Overige werkzaamheden in verband met de afwerking van gebouwen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Stukadoorswerk
Ontwikkeling van residentiële bouwprojecten
Plaatsen van vloer- en wandtegels