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NICDEF

Active Private limited company (pre-2019)founded 2013active for 13 yearsGuillaume Gilbertlaan 122, 1050 IxellesKBO/BCE: BE 0503.890.749
NICDEF
Financial year 2025
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Annual accounts 2025

micro format, filed on 29-06-2026, 32 days before the deadline
-€3,162
▼ €552
-€5,935
▼ €1,037
-€6,032
▼ €5,044
-€7,700
▼ €4,055
6.0%
▼ 37.6 percentage points
0.38
▼ 0.19

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €13,245 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

6.0%

Higher than 26% of 22,909 companies in 2025.

0.38

Higher than 10% of 22,039 companies in 2025.

-45.5%

Higher than 6% of 22,189 companies in 2025.

NICDEF Middle half of the sector 80% of the sector Micro accounts in retail trade (NACE 47)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013
Balance sheet: assets
20/58 13,24515,6427,81511,90014,1817,66110,02116,35117,39630,54839,03862,41486,160
21/28 8,49510,8692,7613,1353,5084,8053,2693,4644,61715,52425,45936,17145,149
21 6,4818,481-----------
22/27 2,0142,3882,7613,1353,5084,8053,2693,4644,61715,52425,45936,17145,149
24 2846581,0311,4051,778-1943891,54212,44922,38433,09643,449
26 1,7301,7301,7301,7301,7304,8053,0753,0753,0753,0753,0753,0751,700
29/58 4,7504,7735,0548,76610,6732,8566,75112,88812,77915,02513,57926,24341,011
40/41 3,9092,6262,4473626,58936284910,2955,3604,2387,1178926,294
40 1,048242----4249,8704,9353,804---
41 2,8612,3842,4473626,5893624254254254347,1178926,294
54/58 8412,1472,6078,4034,0832,4945,9032,5927,41910,7876,46225,35134,717
Balance sheet: equity and liabilities
10/49 13,24515,6427,81511,90014,1817,66110,02116,35117,39630,54839,03862,41486,160
10/15 7956,8277,81511,59813,8787,1077,5004,3645,63715,65323,85934,96948,612
10/11 60,00060,00060,00060,00060,00060,00060,00060,00060,00060,00060,00060,00060,000
100 ------200,000200,000200,000200,000200,000200,000200,000
101 ------140,000140,000140,000140,000140,000140,000140,000
11 -----60,000-------
1109/19 -----60,000-------
14 -59,205-53,173-52,185-48,402-46,122-52,893-52,500-55,636-54,364-44,347-36,141-25,031-11,388
17/49 12,4508,814-3033035542,52111,98711,75914,89515,17927,44537,548
17 ----------2,87814,21525,272
170/4 ----------2,87814,21525,272
42/48 12,4508,418-3033035542,52111,98711,75914,88512,26913,17612,276
42 ---------3,83412,26911,96611,671
44 808242-303303303-10,9676,274303-1,210605
440/4 808242-303303303-10,9676,274303-1,210605
47/48 11,6428,176---2522,5211,0215,48610,749---
492/3 -396-------103254-
Income statement
9900 -3,162-2,609-2,977-1,471-1,023350-1,0278251,8723,977332-1,3571,787
630 2,3731,893373373891941941,15310,90710,90710,71310,7129,754
640/8 4003963843483483485678668569414959732,970
9901 -5,935-4,898-3,734-2,192-1,459-192-1,788-1,194-9,891-7,870-10,876-13,042-10,937
75/76B -4,00047-8,308-5,000003385415317
75 -4,00047-33-0003385415317
76B ----8,275-5,000------
65/66B 97909688777676791253386191,016768
65 97909688777676791253386191,016768
9903 -6,032-988-3,783-2,2806,772-2683,136-1,272-10,017-8,206-11,110-13,643-11,388
67/77 -----1260001---
9904 -6,032-988-3,783-2,2806,772-3933,136-1,273-10,017-8,206-11,110-13,643-11,388
9905 -6,032-988-3,783-2,2806,772-3933,136-1,273-10,017-8,206-11,110-13,643-11,388
Appropriation of the result
9906 -59,205-53,173-52,185-48,402-46,122-52,893-52,500-55,636-54,364-44,347-36,141-25,031-11,388
14P -53,173-52,185-48,402-46,122-52,893--------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 29-06-2026 2026-00224132 PDF
31-12-2024 micro format 27-06-2025 2025-00206099 PDF
31-12-2023 micro format 22-07-2024 2024-00305261 PDF
31-12-2022 micro format 31-07-2023 2023-00293853 PDF
31-12-2021 micro format 24-06-2022 2022-20093249 PDF
31-12-2020 micro format 27-07-2021 2021-42800279 PDF
31-12-2019 micro format 10-09-2020 2020-52200358 PDF
31-12-2018 micro format 01-07-2019 2019-27400150 PDF
31-12-2017 micro format 10-08-2018 2018-45100236 PDF
31-12-2016 micro format 28-08-2017 2017-51200329 PDF
31-12-2015 full format 31-08-2016 2016-55600585 PDF
31-12-2014 full format 28-08-2015 2015-53500381 PDF
31-12-2013 full format 27-08-2014 2014-49000597 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013
-3,561-3,005-3,361-1,819-1,3702-1,594-411,0163,036-163-2,330-1,183
-3,659905-3,409-1,9076,861-1993,330-1208902,701-397-2,931-1,634
010,000001,8671,73000097211,73454,903
-1,306-460-5,7964,3201,589-3,4093,310-4,827-3,3684,325-18,889-9,366-
-7,700-3,645-8,46310,3702,3024,2319001,0201391,31013,06728,735
6.0%43.6%100.0%97.5%97.9%92.8%74.8%26.7%32.4%51.2%61.1%56.0%56.4%
0.380.57-28.9835.285.152.681.081.091.011.111.993.34
-1.29-0.030.020.080.342.752.090.950.640.780.77
--14.5%-48.4%-19.7%48.8%-5.5%41.8%-29.2%-177.7%-52.4%-46.6%-39.0%-23.4%
-45.5%-6.3%-48.4%-19.2%47.8%-5.1%31.3%-7.8%-57.6%-26.9%-28.5%-21.9%-13.2%
-36.58-33.39-35.19-20.56-17.82--------

The equity ratios are withheld because equity of €795 is too small for a meaningful ratio.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets----€1,867
Intangible fixed assets-€10,000---
€2,373€1,893€373€373€89

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on NICDEF

The operating result for 2025 is a loss of €5,935, larger than the loss of €4,898 in 2024. It is the lowest result since 2017.

Debt's share of the balance-sheet total rises from 56.4% to 94.0%. Equity is lower and debt is higher.

Next steps

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