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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Nicovanbe from Gent, company number BE1002168564, closed financial year 2025 with a result of € 75,902 after tax. For that financial year Nicovanbe recorded a gross margin of € -4,708 and equity of € 105,209. Compared with financial year 2024, the result moved from € -15,693 to € 75,902. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 19, 2026.
€ 105,209
▲ 259% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 75,902
▲ still € 15,693 loss in 2024
Profit after tax over the fiscal year.
€ 173,531
▲ € 151,079 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 € 60,209.
Debts at end 2025
€ 937,000
▲ 20% vs 2024
Loans from banks and other lenders, long and short.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -6,100 | € -4,708 | ▲ € 1,392 |
| Profit after taxes | € -15,693 | € 75,902 | ▲ € 91,594 |
| Equity | € 29,307 | € 105,209 | ▲ 259% |
| Total debts | € 1,590,180 | € 1,665,357 | ▲ 5% |
| Cash | € 22,452 | € 173,531 | ▲ € 151,079 |
| Retained profit | € -15,693 | € 60,209 | ▲ € 75,902 |
| Bank debt | € 780,000 | € 937,000 | ▲ 20% |
| Balance sheet total | € 1,619,487 | € 1,770,566 | ▲ 9% |
Key figures of Nicovanbe, fiscal years 2024 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 Nicovanbe?
What happened at Nicovanbe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 75,902. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Benjamin PRAET became a director. NBB
- Laura PRAET became a director. NBB
- Kevin SCOTT became a director. NBB
In short
From € 15,693 loss in 2024 to € 75,902 profit in 2025.
Best year ever: 2025, with € 75,902 profit.
Management
Behind Nicovanbe are Benjamin PRAET, Laura PRAET and Kevin SCOTT. It owns 100% of Nicovan SA itself.
Establishments
Establishment units
Physical locations of this company
Nederkouter 115
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 1002.168.564
- VAT number
- BE 1002.168.564
- Registered office
- Nederkouter 115, 9000 Gent
- Names & denominations
- Nicovanbe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 November 2023
- Peppol
- Not registered