Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NAS from Hasselt, company number BE0888069939, closed financial year 2025 with a result of € 3,868 after tax. For that financial year NAS recorded a gross margin of € 96,976 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 42,081 to € 3,868. The company is profitable. 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 May 11, 2026.
€ 1.6 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,868
▼ 91% vs 2024
Profit after tax over the fiscal year.
€ 16,253
▲ 49% 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 € -197,829.
People and assets in 2025
€ 31,543
▼ 6% vs 2024
Of which on lease € 17,457.
Debts at end 2025
€ 653,183
▲ 137% vs 2024
€ 40,299 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 7,730
▼ 81% 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 | € 115,382 | € 57,785 | € 98,393 | € 96,976 | ▼ 1% |
| Profit after taxes | € 111,052 | € 17,130 | € 42,081 | € 3,868 | ▼ 91% |
| Equity | € 1,521,014 | € 1,529,924 | € 1,572,005 | € 1,575,873 | |
| Total debts | € 473,561 | € 653,237 | € 698,494 | € 787,426 | ▲ 13% |
| Cash | € 16,002 | € 27,210 | € 10,875 | € 16,253 | ▲ 49% |
| Land & buildings | € 34,265 | € 51,528 | € 46,464 | € 36,986 | ▼ 20% |
| Retained profit | € -252,688 | € -243,778 | € -201,697 | € -197,829 | ▲ € 3,868 |
| Bank debt | € 286,529 | € 303,440 | € 275,648 | € 653,183 | ▲ 137% |
| Balance sheet total | € 1,994,576 | € 2,183,161 | € 2,270,500 | € 2,363,299 | ▲ 4% |
Key figures of NAS, 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 NAS?
What happened at NAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,868 (▼ 91% vs 2024). filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 111,052 profit in 2022 to € 3,868 profit in 2025.
Paid € 28,778 in corporate taxes since 2022.
Best year ever: 2022, with € 111,052 profit.
A new publication or filing at NAS? 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 NAS are Eline Grouwels and Jonas Coenen. It owns 37.5% of MAECENAS GROUP and 28% of UMITAL itself.
Directors
According to the 2025 annual accounts
Jonas Coenen
Administrator-manager
Also active at: C-Invest, DeltaBlue, ODIN VENTURES, GUARDWAY, Maecenas Group
Establishments
Establishment units
Physical locations of this company
Kattendansstraat 82
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0888.069.939
- VAT number
- BE 0888.069.939
- Registered office
- Kattendansstraat 82, 3500 Hasselt
- Names & denominations
- NAS · ELIBRIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 March 2007
- Peppol
- Active · Active since 27 May 2026
- Contact
- [email protected] 011451512
- Activities · NACE
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