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 63 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
NADOFIN from Andenne, company number BE0893920425, closed financial year 2024 with a result of € 163,221 after tax. For that financial year NADOFIN recorded a gross margin of € 75,796 and equity of € 693,095. Compared with financial year 2023, the result moved from € 119,723 to € 163,221. 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 July 31, 2025.
€ 693,095
▲ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 163,221
▲ 36% vs 2023
Profit after tax over the fiscal year.
€ 42,631
▼ 19% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 146,929 paid out
90 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2024
€ 17,907
▼ 31% vs 2023
€ 8,208 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 904
▼ 44% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 48,693
▲ 91% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 38,789 | € 48,265 | € 59,867 | € 75,796 | ▲ 27% |
| Profit after taxes | € 21,209 | € 80,802 | € 119,723 | € 163,221 | ▲ 36% |
| Equity | € 556,921 | € 625,249 | € 676,803 | € 693,095 | ▲ 2% |
| Total debts | € 138,229 | € 242,438 | € 285,668 | € 327,395 | ▲ 15% |
| Cash | € 19,322 | € 23,801 | € 52,862 | € 42,631 | ▼ 19% |
| Retained profit | € 550,721 | € 619,049 | € 670,603 | € 686,895 | ▲ 2% |
| Dividend | € 50,000 | € 12,475 | € 68,984 | € 146,929 | ▲ 113% |
| Bank debt | € 41,961 | € 34,037 | € 26,019 | € 17,907 | ▼ 31% |
| Balance sheet total | € 695,149 | € 867,687 | € 962,471 | € 1,020,490 | ▲ 6% |
Key figures of NADOFIN, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to NADOFIN?
What happened at NADOFIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 163,221 (▲ 36% vs 2023). Source: NBB ↗
- New establishment in Andenne. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,209 profit in 2021 to € 163,221 profit in 2024.
Paid € 99,053 in corporate taxes since 2021.
Best year ever: 2024, with € 163,221 profit.
Paid out € 278,388 in dividends to the owners in total.
Management
Behind NADOFIN are Céline Wargé and Eddy Roger Wargé. It owns 100% of COVERMA SRL and 18% of New BRB & Co itself.
Directors
According to the 2024 annual accounts
Céline Wargé
Manager
Eddy Roger Wargé
Manager
Establishments
Establishment units
Physical locations of this company
Chant d'oiseaux 492
5300 Andenne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0893.920.425
- VAT number
- BE 0893.920.425
- Registered office
- Chant d'oiseaux 492, 5300 Andenne
- Names & denominations
- NADOFIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 2007
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
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