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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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Busy address KBO
89 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
North Chem from Sint-Gillis (bij-Brussel), company number BE1016036396, closed financial year 2026 with a result of € 12,032 after tax. For that financial year North Chem recorded a gross margin of € 26,643 and equity of € 10,490. Compared with financial year 2025, the result moved from € 22,457 to € 12,032. The company is profitable. The buffer shrank hard: equity is 68 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 5, 2026.
€ 10,490
▼ 68% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,032
▼ 46% vs 2025
Profit after tax over the fiscal year.
€ 22,897
▲ 266% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 34,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 443,740
▼ 34% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 4,256
▼ 43% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|
| Gross margin | € 30,254 | € 26,643 | ▼ 12% |
| Profit after taxes | € 22,457 | € 12,032 | ▼ 46% |
| Equity | € 32,457 | € 10,490 | ▼ 68% |
| Total debts | € 682,366 | € 481,996 | ▼ 29% |
| Cash | € 6,252 | € 22,897 | ▲ 266% |
| Retained profit | € 22,457 | € 490 | ▼ 98% |
| Dividend | € 0 | € 34,000 | |
| Balance sheet total | € 714,823 | € 492,485 | ▼ 31% |
Key figures of North Chem, fiscal years 2025 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to North Chem?
What happened at North Chem in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 12,032 (▼ 46% vs 2025). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Sint-Gillis (bij-Brussel). KBO
- Carmen Balust Vidal became a director. NBB
In short
From € 22,457 profit in 2025 to € 12,032 profit in 2026.
Paid € 11,741 in corporate taxes since 2025.
Best year ever: 2025, with € 22,457 profit.
Paid out € 34,000 in dividends to the owners in total.
Management
Behind North Chem is Carmen Balust Vidal.
Directors
According to the 2026 annual accounts
Carmen Balust Vidal
Administrator-manager
since 2024
Establishments
Establishment units
Physical locations of this company
Livornostraat 7 box 4
1060 Sint-Gillis (bij-Brussel)
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 89 companies are registered at this address.
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+84 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- EASTERN CHEMICALS SA(oprichter) 100%
Details
- Company number
- 1016.036.396
- VAT number
- BE 1016.036.396
- Registered office
- Livornostraat 7 bus 4, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- North Chem
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 2024
- Peppol
- Active · Active since 22 Jan 2026
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