Financials
Financial year 2025
Noaco from Herentals, company number BE0870402675, closed financial year 2025 with a result of € -63,820 after tax. For that financial year Noaco recorded a gross margin of € 60,300 and equity of € 498,149. Compared with financial year 2024, the result moved from € 3,459 to € -63,820. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 10, 2026.
€ 498,149
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -63,820
▼ still € 3,459 profit in 2024
Profit after tax over the fiscal year.
€ 83,980
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -341,999.
Debts at end 2025
€ 3 million
▲ 16% vs 2024
€ 55,736 is repaid this year. At this pace the long-term loan is gone in ≈ 54 years.
€ 654
▼ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 34,904 | € -43,537 | € 54,051 | € 60,300 | ▲ 12% |
| Profit after taxes | € -28,093 | € -125,918 | € 3,459 | € -63,820 | ▼ € 67,279 |
| Equity | € -5,720 | € -131,638 | € 561,969 | € 498,149 | ▼ 11% |
| Total debts | € 1,325,002 | € 2,449,317 | € 2,806,197 | € 3,066,330 | ▲ 9% |
| Cash | € 41,051 | € 9,941 | € 85,808 | € 83,980 | ▼ 2% |
| Land & buildings | € 867,684 | € 1,564,701 | € 2,454,763 | € 2,419,133 | ▼ 1% |
| Retained profit | € -155,720 | € -281,638 | € -278,180 | € -341,999 | ▼ € 63,820 |
| Bank debt | € 1,260,508 | € 2,031,263 | € 2,582,435 | € 2,997,993 | ▲ 16% |
| Balance sheet total | € 1,319,282 | € 2,317,679 | € 3,368,166 | € 3,564,479 | ▲ 6% |
Key figures of Noaco, 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 April 2027.
What happened to Noaco?
What happened at Noaco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 63,820 (▼ € 67,279 vs 2024). Source: NBB ↗
- Van Hees BV became a director. NBB
- M & M BV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Herentals. KBO
In short
From € 28,093 loss in 2022 to € 63,820 loss in 2025.
Best year ever: 2024, with € 3,459 profit.
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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 Noaco are Van Hees BV and M & M BV. The same people are also behind Kempen Real Estate and MAASFORTBAAN. Van Hees BV is also behind Eierveiling Poederlee, AUXILIUM QUERCO and GENGHIS INVEST. M & M BV is also behind WPN ALGEMENE DAKWERKEN, GeoCalor, Kempen Industries and Maes Ind..
Directors
According to the 2025 annual accounts
Director · represented by Michel Van Hees
Also active at: Eierveiling Poederlee, AUXILIUM QUERCO, Kempen Real Estate, GENGHIS INVEST, MAASFORTBAAN
since 2021
Director · represented by Jimmy Maes
Also active at: WPN ALGEMENE DAKWERKEN, GeoCalor, Kempen Real Estate, Kempen Industries, MAASFORTBAAN, Maes Ind.
since 2021
Establishments
Establishment units
Physical locations of this company
Spechtdreef(HRT) 6
2200 Herentals
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0870.402.675
- VAT number
- BE 0870.402.675
- Registered office
- Spechtdreef(HRT) 6, 2200 Herentals
- Names & denominations
- Noaco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 2004
- Peppol
- Active · Active since 27 Mar 2026