Financials
Financial year 2025
NORTH COMPANY from Tervuren, company number BE0872262404, closed financial year 2025 with a result of € 104,377 after tax. For that financial year NORTH COMPANY recorded a gross margin of € 147,938 and equity of € 478,571. Compared with financial year 2024, the result moved from € 53,929 to € 104,377. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 3, 2026.
€ 478,571
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 104,377
▲ 94% vs 2024
Profit after tax over the fiscal year.
€ 63,353
▲ € 58,518 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 50,552 paid out
48 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 5,222
▼ 53% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 35,929
▲ € 34,824 vs 2024
Loans from banks and other lenders, long and short.
€ 49,758
▲ 135% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 131,877 | € 148,458 | € 92,972 | € 147,938 | ▲ 59% |
| Profit after taxes | € 84,268 | € 86,964 | € 53,929 | € 104,377 | ▲ 94% |
| Equity | € 378,206 | € 465,170 | € 424,745 | € 478,571 | ▲ 13% |
| Total debts | € 112,863 | € 99,963 | € 55,806 | € 113,292 | ▲ 103% |
| Cash | € 32,628 | € 51,526 | € 4,835 | € 63,353 | ▲ € 58,518 |
| Land & buildings | € 17,091 | € 8,622 | € 153 | - | |
| Retained profit | € 372,006 | € 458,970 | € 418,545 | € 472,371 | ▲ 13% |
| Dividend | € 0 | € 0 | € 94,354 | € 50,552 | ▼ 46% |
| Bank debt | € 37,862 | € 1,102 | € 1,105 | € 35,929 | ▲ € 34,824 |
| Balance sheet total | € 491,069 | € 565,133 | € 480,551 | € 591,863 | ▲ 23% |
Key figures of NORTH COMPANY, 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 COMPANY?
What happened at NORTH COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 104,377 (▲ 94% vs 2024). filed late Source: NBB ↗
- New establishment in Sint-Lambrechts-Woluwe. KBO
- Start of the company according to the CBE. KBO
- Alain MASSART became a director. NBB
In short
From € 84,268 profit in 2022 to € 104,377 profit in 2025.
Paid € 159,717 in corporate taxes since 2022.
Best year ever: 2025, with € 104,377 profit.
Paid out € 144,905 in dividends to the owners in total.
Management
Behind NORTH COMPANY is Alain MASSART.
Directors
According to the 2025 annual accounts
Alain MASSART
Director
since 2005
Establishments
Establishment units
Physical locations of this company
Zittekestraat 5
3080 Tervuren
Hertoginnestraat 34 box 9
1200 Sint-Lambrechts-Woluwe
Active since 1 April 2005
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0872.262.404
- VAT number
- BE 0872.262.404
- Registered office
- Zittekestraat 5, 3080 Tervuren
- Names & denominations
- NORTH COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 March 2005
- Peppol
- Active · Active since 13 Feb 2025
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