Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2026; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2026
N-Holding from Kraainem, company number BE0842206557, closed financial year 2026 with a result of € -6,677 after tax. For that financial year N-Holding recorded a gross margin of € -6,232 and equity of € -1.4 million. Compared with financial year 2025, the result moved from € -3,598 to € -6,677. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -1.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,677
▼ 86 % more loss than in 2025
Profit after tax over the fiscal year.
€ 2,689
▼ 66% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.4 million.
Debts at end 2026
€ 1 million
Loans from banks and other lenders, long and short.
€ 343,443
▲ 1% vs 2025
Supplier invoices still open on the last day of the fiscal year.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € -167 | € -2,807 | € -2,773 | € -6,232 | ▼ € 3,459 |
| Profit after taxes | € -346,675 | € -2,846 | € -3,598 | € -6,677 | ▼ € 3,079 |
| Equity | € -1,362,759 | € -1,365,605 | € -1,369,203 | € -1,375,880 | |
| Total debts | € 1,369,224 | € 1,371,946 | € 1,379,224 | € 1,381,403 | |
| Cash | € 5,551 | € 2,134 | € 8,012 | € 2,689 | ▼ 66% |
| Retained profit | € -1,424,759 | € -1,427,605 | € -1,431,203 | € -1,437,880 | |
| Bank debt | € 1,027,961 | € 1,027,961 | € 1,034,921 | € 1,034,921 | |
| Balance sheet total | € 6,465 | € 6,341 | € 10,021 | € 5,523 | ▼ 45% |
Key figures of N-Holding, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.
What happened to N-Holding?
What happened at N-Holding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 6,677. Source: NBB ↗
- Guy Rottiers became a director. NBB
- Kim Lauwers became a director. NBB
- Arnaud Deflorenne became a director. NBB
- Nicolas Couplet became a director. NBB
- New establishment in Kraainem. KBO
- Start of the company according to the CBE. KBO
In short
From € 346,675 loss in 2023 to € 6,677 loss in 2026.
Paid € 339,514 in corporate taxes since 2023.
A new publication or filing at N-Holding? We notify you, reason included.
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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
The stake of Cape One comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
N-HoldingBehind N-Holding are Guy Rottiers, Kim Lauwers, Arnaud Deflorenne and Nicolas Couplet. The shares are held by Cape One (20.8%).
Directors
According to the 2026 annual accounts
Guy Rottiers
Director
since 2019
since 2019
since 2019
Shareholders
20.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Baron Albert d'Huartlaan 295
1950 Kraainem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0842.206.557
- VAT number
- BE 0842.206.557
- Registered office
- Baron Albert d'Huartlaan 295, 1950 Kraainem
- Names & denominations
- N-Holding
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 2011
- Peppol
- Not registered
- Activities · NACE
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