Financials
Financial year 2025
NORTH_C from Mechelen, company number BE0861195692, closed financial year 2025 with a result of € 34,886 after tax. For that financial year NORTH_C recorded a gross margin of € 58,382 and equity of € 257,328. Compared with financial year 2024, the result moved from € 55,564 to € 34,886. The company is profitable. 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 December 10, 2025.
€ 257,328
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,886
▼ 37% vs 2024
Profit after tax over the fiscal year.
€ 135,003
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 87,751 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 7,030
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,522
▲ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,058
▼ 12% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 44,703 | € 52,958 | € 82,411 | € 58,382 | ▼ 29% |
| Profit after taxes | € 31,924 | € 36,329 | € 55,564 | € 34,886 | ▼ 37% |
| Equity | € 265,393 | € 284,629 | € 310,193 | € 257,328 | ▼ 17% |
| Total debts | € 368,683 | € 68,353 | € 76,613 | € 115,138 | ▲ 50% |
| Cash | € 334,443 | € 92,285 | € 143,667 | € 135,003 | ▼ 6% |
| Retained profit | € 259,180 | € 278,415 | € 303,979 | € 251,114 | ▼ 17% |
| Dividend | € 352,456 | € 17,093 | € 30,000 | € 87,751 | ▲ 193% |
| Balance sheet total | € 634,076 | € 352,982 | € 386,806 | € 372,466 | ▼ 4% |
Key figures of NORTH_C, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to NORTH_C?
What happened at NORTH_C in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 34,886 (▼ 37% vs 2024). Source: NBB ↗
- Geert Verstraete became a director. NBB
- Hilde Martens became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Mechelen. KBO
In short
From € 31,924 profit in 2022 to € 34,886 profit in 2025.
Paid € 69,515 in corporate taxes since 2022.
Best year ever: 2024, with € 55,564 profit.
Paid out € 487,300 in dividends to the owners in total.
A new publication or filing at NORTH_C? 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
Behind NORTH_C are Geert Verstraete and Hilde Martens.
Directors
According to the 2025 annual accounts
Geert Verstraete
Director
since 2003
Hilde Martens
Director
since 2003
Establishments
Establishment units
Physical locations of this company
Kanunnik De Deckerstraat 7 box 3
2800 Mechelen
Kanunnik De Deckerstraat 7 box B3
2800 Mechelen
Active since 13 October 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0861.195.692
- VAT number
- BE 0861.195.692
- Registered office
- Kanunnik De Deckerstraat 7 bus 3, 2800 Mechelen
- Names & denominations
- NORTH_C
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 October 2003
- Peppol
- Active · Active since 18 May 2025
- Activities · NACE
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