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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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NIROWICA from Bredene, company number BE0879445649, closed financial year 2025 with a result of € 612,212 after tax. For that financial year NIROWICA recorded a gross margin of € 1.1 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 540,538 to € 612,212. 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 September 29, 2026.
€ 2.1 million
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 612,212
▲ 13% vs 2024
Profit after tax over the fiscal year.
€ 76,405
▲ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 159,188 paid out
26 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
2
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 79,041
▼ 17% vs 2024
€ 39,500 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.
€ 40,639
▲ € 39,238 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 53,909
▼ 21% vs 2024
Loans from banks and other lenders, long and short.
€ 10,954
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 56,655
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 641,927 | € 825,503 | € 985,338 | € 1,066,692 | ▲ 8% |
| Profit after taxes | € 261,474 | € 422,846 | € 540,538 | € 612,212 | ▲ 13% |
| Equity | € 1,056,359 | € 1,228,205 | € 1,606,950 | € 2,069,265 | ▲ 29% |
| Total debts | € 585,904 | € 680,424 | € 631,325 | € 738,099 | ▲ 17% |
| Cash | € 348,498 | € 46,297 | € 49,794 | € 76,405 | ▲ 53% |
| Retained profit | € 829,259 | € 1,001,105 | € 1,379,850 | € 1,832,874 | ▲ 33% |
| Dividend | € 26,250 | € 251,000 | € 161,793 | € 159,188 | ▼ 2% |
| Bank debt | € 154,704 | € 83,685 | € 67,871 | € 53,909 | ▼ 21% |
| Balance sheet total | € 1,642,263 | € 1,908,629 | € 2,238,275 | € 2,807,363 | ▲ 25% |
| Employees (FTE) | 1.4 | 2.2 | 2.6 | 2 | ▼ 0.6 |
Key figures of NIROWICA, 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 NIROWICA?
What happened at NIROWICA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 612,212 (▲ 13% vs 2024). filed late Source: NBB ↗
- ANMA HOLD BV became a director. NBB
- New establishment in Bredene. KBO
- Catherine MALBRANQUE became a director. NBB
- Wim VANDENBUSSCHE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 261,474 profit in 2022 to € 612,212 profit in 2025.
Paid € 562,718 in corporate taxes since 2022.
Best year ever: 2025, with € 612,212 profit.
On average € 533,300 of value added per employee in 2025.
Management
Behind NIROWICA are Catherine MALBRANQUE, ANMA HOLD BV and Wim VANDENBUSSCHE. Catherine MALBRANQUE is also behind DUINEZWIN. ANMA HOLD BV is also behind CAMPING DUINENHOF. Wim VANDENBUSSCHE is also behind DUINEZWIN and Anma Hold.
Directors
According to the 2025 annual accounts
since 2006
since 2022
Establishments
Establishment units
Physical locations of this company
Koningin Astridlaan 55 B
8450 Bredene
Koningin Astridlaan 55 box B
8450 Bredene
Active since 22 February 2006
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0879.445.649
- VAT number
- BE 0879.445.649
- Registered office
- Koningin Astridlaan 55 B, 8450 Bredene
- Names & denominations
- NIROWICA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 February 2006
- Peppol
- Active · Active since 3 Sept 2025
- Activities · NACE
Kampeerterreinen
Kampeer- en caravanterreinen
Activiteiten van holdings
Verhuur en exploitatie van terreinen
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Handelsbemiddeling in goederen, algemeen assortiment
Managementactiviteiten van holdings
Verhuur van terreinen
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