Financials
Financial year 2026
NISAGO from Etterbeek, company number BE1004851605, closed financial year 2026 with a result of € 98,368 after tax. For that financial year NISAGO recorded a gross margin of € 139,602 and equity of € 233,774. Compared with financial year 2025, the result moved from € 107,473 to € 98,368. 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 September 28, 2026.
€ 233,774
▲ 47% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 98,368
▼ 8% vs 2025
Profit after tax over the fiscal year.
€ 216,951
▲ 34% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 23,572 paid out
24 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 35,730
▲ 9% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 8,724
▼ 56% vs 2025
Loans from banks and other lenders, long and short.
€ 1,063
▼ 69% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 39,250
▼ 20% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|
| Gross margin | € 70,540 | € 149,921 | € 139,602 | ▼ 7% |
| Profit after taxes | € 48,505 | € 107,473 | € 98,368 | ▼ 8% |
| Equity | € 51,505 | € 158,979 | € 233,774 | ▲ 47% |
| Total debts | € 63,783 | € 72,446 | € 49,037 | ▼ 32% |
| Cash | € 40,336 | € 161,413 | € 216,951 | ▲ 34% |
| Retained profit | € 48,505 | € 155,979 | € 230,774 | ▲ 48% |
| Dividend | € 0 | € 0 | € 23,572 | |
| Bank debt | € 30,585 | € 19,921 | € 8,724 | ▼ 56% |
| Balance sheet total | € 115,289 | € 231,425 | € 282,811 | ▲ 22% |
Key figures of NISAGO, fiscal years 2024 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to NISAGO?
What happened at NISAGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 98,368 (▼ 8% vs 2025). Source: NBB ↗
- New establishment in Etterbeek. KBO
- Nicolas VAN CUTSEM became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 48,505 profit in 2024 to € 98,368 profit in 2026.
Paid € 79,946 in corporate taxes since 2024.
Best year ever: 2025, with € 107,473 profit.
Paid out € 23,572 in dividends to the owners in total.
A new publication or filing at NISAGO? 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 NISAGO is Nicolas VAN CUTSEM. Nicolas VAN CUTSEM is also behind IMMOBILIERE ASCO and ASCO FINANCE USA.
Directors
According to the 2026 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Sint-Pieterssteenweg 129
1040 Etterbeek
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
- 1004.851.605
- VAT number
- BE 1004.851.605
- Registered office
- Sint-Pieterssteenweg 129, 1040 Etterbeek
- Names & denominations
- NISAGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 2024
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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