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 59 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
NICO RENOV from Mouscron, company number BE0884324452, closed financial year 2025 with a result of € 12,167 after tax. For that financial year NICO RENOV recorded a gross margin of € 70,143 and equity of € 44,654. Compared with financial year 2024, the result moved from € 14,648 to € 12,167. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.
€ 44,654
▲ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,167
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 8,781
▲ 90% 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 € 38,454.
People and assets in 2025
2
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 25,404
▼ 51% vs 2024
€ 12,700 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.
€ 8,251
▼ 63% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 126,673
▼ 15% vs 2024
€ 13,298 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 9,319
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,000
▼ 72% 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 | € 70,455 | € 36,650 | € 108,173 | € 70,143 | ▼ 35% |
| Profit after taxes | € 6,973 | € -42,728 | € 14,648 | € 12,167 | ▼ 17% |
| Equity | € 60,566 | € 17,838 | € 32,486 | € 44,654 | ▲ 37% |
| Total debts | € 106,100 | € 231,089 | € 186,296 | € 164,890 | ▼ 11% |
| Cash | € 26,964 | € 7,715 | € 4,610 | € 8,781 | ▲ 90% |
| Land & buildings | € 38,297 | € 170,506 | € 164,129 | € 157,752 | ▼ 4% |
| Retained profit | € 54,366 | € 11,638 | € 26,286 | € 38,454 | ▲ 46% |
| Bank debt | € 60,810 | € 175,869 | € 149,490 | € 126,673 | ▼ 15% |
| Balance sheet total | € 166,667 | € 248,928 | € 218,783 | € 209,543 | ▼ 4% |
| Employees (FTE) | 2 | 2.7 | 2.9 | 2 | ▼ 0.9 |
Key figures of NICO RENOV, 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 NICO RENOV?
What happened at NICO RENOV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,167 (▼ 17% vs 2024). Source: NBB ↗
- New establishment in Mouscron. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,973 profit in 2022 to € 12,167 profit in 2025.
Paid € 5,887 in corporate taxes since 2022.
Best year ever: 2024, with € 14,648 profit.
On average € 35,100 of value added per employee in 2025.
A new publication or filing at NICO RENOV? 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
Directors
According to the 2025 annual accounts
Nicolas HERMAN
Director
Establishments
Establishment units
Physical locations of this company
Molenaarstraat(D) 32
7711 Mouscron
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0884.324.452
- VAT number
- BE 0884.324.452
- Registered office
- Molenaarstraat(D) 32, 7711 Mouscron
- Names & denominations
- NICO RENOV
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 October 2006
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
Dakwerkzaamheden
Dakbedekking en bouw van dakconstructies
Schrijnwerk
Schrijnwerk van hout of van kunststof