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 8 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 8.8 to 5.3.
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Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
NESTAS from Gent, company number BE0860375449, closed financial year 2025 with a result of € 371,478 after tax. For that financial year NESTAS recorded revenue of € 10.7 million and equity of € 9.2 million. Compared with financial year 2024, the result moved from € 171,858 to € 371,478. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 9.2 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 371,478
▲ 116% vs 2024
Profit after tax over the fiscal year.
€ 880,124
▲ 16% 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 € 4.9 million.
People and assets in 2025
5.3
▼ 2.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 575,147
▼ 27% vs 2024
€ 108,500 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.
Debts at end 2025
€ 20.5 million
▼ 24% vs 2024
Loans from banks and other lenders, long and short.
€ 100,708
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 96,942
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,783,580 | € 5,688,538 | € 6,883,018 | € 10,664,795 | ▲ 55% |
| Gross margin | € 1,493,063 | € 1,869,386 | € 1,846,811 | € 1,717,467 | ▼ 7% |
| Profit after taxes | € 297,192 | € 244,499 | € 171,858 | € 371,478 | ▲ 116% |
| Equity | € 8,384,759 | € 8,629,259 | € 8,801,117 | € 9,172,595 | ▲ 4% |
| Total debts | € 28,259,311 | € 27,594,199 | € 27,602,768 | € 21,455,387 | ▼ 22% |
| Cash | € 172,568 | € 135,295 | € 759,736 | € 880,124 | ▲ 16% |
| Retained profit | € 4,134,759 | € 4,379,259 | € 4,551,117 | € 4,922,595 | ▲ 8% |
| Bank debt | € 27,775,000 | € 26,930,000 | € 26,825,000 | € 20,500,000 | ▼ 24% |
| Balance sheet total | € 36,644,071 | € 36,223,457 | € 36,403,886 | € 30,627,981 | ▼ 16% |
| Employees (FTE) | 9.5 | 8.8 | 7.4 | 5.3 | ▼ 2.1 |
Key figures of NESTAS, 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 NESTAS?
What happened at NESTAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- CAMINO Grondontwikkeling NV stepped down as director. NBB
- ALOHAI BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 371,478 (▲ 116% vs 2024). Source: NBB ↗
- CAMINO Grondontwikkeling NV became a director. NBB
- ALOHAI BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 297,192 profit in 2022 to € 371,478 profit in 2025.
Paid € 402,899 in corporate taxes since 2022.
Best year ever: 2025, with € 371,478 profit.
On average € 324,100 of value added per employee in 2025.
A new publication or filing at NESTAS? 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 CAMINO GRONDONTWIKKELING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NESTASThe shares are held by CAMINO GRONDONTWIKKELING (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Joost Callens
Also active at: SCHOORHEYDE, Villa des Palmiers, HET LANDGOED, HET GRONDJUWEEL, DUCA
since 2023 · until 2029
Managing director · represented by Claudia Callens
Also active at: SCHOORHEYDE, DURABRIK BOUWBEDRIJVEN, Villa des Palmiers, CAMINO GRONDONTWIKKELING, KORTRIJKSE VASTGOEDMAATSCHAPPIJ, HET GRONDJUWEEL, EcoPuur, PROMODIS +3 more
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Landegemstraat 10
9031 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →SCHOORHEYDE same network
€ -2,015 gross margin · 2025
DURABRIK BOUWBEDRIJVEN same network
€ 113.7 million revenue · 2025
Villa des Palmiers same network
€ -4,257 gross margin · 2025
CAMINO GRONDONTWIKKELING same network
€ 399,138 revenue · 2025
KORTRIJKSE VASTGOEDMAATSCHAPPIJ same network
€ -676 gross margin · 2025
+14 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
- 0860.375.449
- VAT number
- BE 0860.375.449
- Registered office
- Landegemstraat 10, 9031 Gent
- Names & denominations
- NESTAS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 2003
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
Activiteiten van holdings
Handel in eigen onroerend goed
Holdings
Ontwikkeling van residentiële bouwprojecten
Projectontwikkeling voor woningbouw