Financials
Financial year 2025
NOORD-LOKEREN from Lokeren, company number BE0841172320, closed financial year 2025 with a result of € 634,408 after tax. For that financial year NOORD-LOKEREN recorded a gross margin of € 1.7 million and equity of € 304,067. Compared with financial year 2024, the result moved from € 546,455 to € 634,408. Profitable, and profit is growing. 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 November 17, 2025.
€ 304,067
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 634,408
▲ 16% vs 2024
Profit after tax over the fiscal year.
€ 388,667
▼ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 600,000 paid out
95 % of the profit went to the shareholders, mostly to TIYALA (100 % of the shares). That is where the money ends up.
People and assets in 2025
18.1
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 860,390
▼ 3% vs 2024
€ 47,500 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.
€ 115,129
▲ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 429,491
▲ 11% vs 2024
€ 102,615 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 892,924
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 166,270
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,299,139 | € 1,352,827 | € 1,603,691 | € 1,658,175 | ▲ 3% |
| Profit after taxes | € 340,507 | € 375,171 | € 546,455 | € 634,408 | ▲ 16% |
| Equity | € 253,032 | € 253,203 | € 269,658 | € 304,067 | ▲ 13% |
| Total debts | € 2,073,223 | € 2,124,265 | € 2,559,141 | € 2,622,388 | ▲ 2% |
| Cash | € 975,192 | € 1,079,091 | € 477,020 | € 388,667 | ▼ 19% |
| Land & buildings | € 28,061 | € 15,562 | € 1,148 | € 6,198 | ▲ € 5,049 |
| Retained profit | € 223,032 | € 223,203 | € 239,658 | € 274,067 | ▲ 14% |
| Dividend | € 230,000 | € 375,000 | € 530,000 | € 600,000 | ▲ 13% |
| Bank debt | € 643,927 | € 516,882 | € 388,542 | € 429,491 | ▲ 11% |
| Balance sheet total | € 2,326,255 | € 2,377,468 | € 2,828,799 | € 2,926,455 | ▲ 3% |
| Employees (FTE) | 18.6 | 18.6 | 19.5 | 18.1 | ▼ 1.4 |
By gross margin, NOORD-LOKEREN ranks 3rd of 14 companies with main activity “Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen” in Lokeren that publish figures (fiscal year 2025).
Key figures of NOORD-LOKEREN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
Ask about NOORD-LOKEREN the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to NOORD-LOKEREN?
What happened at NOORD-LOKEREN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 634,408 (▲ 16% vs 2024). filed late Source: NBB ↗
- Tiyala BV became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Lokeren. KBO
In short
From € 340,507 profit in 2022 to € 634,408 profit in 2025.
Paid € 32,327 in corporate taxes since 2022.
Best year ever: 2025, with € 634,408 profit.
On average € 91,600 of value added per employee in 2025.
Management
The stake of TIYALA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NOORD-LOKERENBehind NOORD-LOKEREN is Tiyala BV. The shares are held by TIYALA (100%).
Directors
According to the 2025 annual accounts
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Tweebruggenstraat 2
9160 Lokeren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Lokeren
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€ 19 million revenue · 2025
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- SPENS Jackie Eduard Maria(vennoot) 50%
- TEKIN Cengiz(vennoot) 50%
Details
- Company number
- 0841.172.320
- VAT number
- BE 0841.172.320
- Registered office
- Tweebruggenstraat 2, 9160 Lokeren
- Names & denominations
- NOORD-LOKEREN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 November 2011
- Peppol
- Active · Active since 20 Oct 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)