Summary
NICOBA has a registered holding activity and consists mainly of financial fixed assets. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €5.8m and a net result of -€279,397. Equity has been stable since 2018 (±0.7% per year). Its solvency ranks better than 38% of 3,863 sector peers (NACE 70, financial year 2025). The company has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 11-06-1991 Normal situation
- Registered office
- 23 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 4 November 2026.
- Activity
- Business and other management consultancy NACE 70200and 1 other
- Establishment unit
- 2.130.703.186 9052 Gent, since 11-06-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Board and ownership
Board
- BORRÉ Rudolf Renald AlinChair
- BORRÉ Benni Fernand Marie MarthaDirector · since 25-02-2022
- HEIREMANS Ghislaine Madeleine Gustave MariaDirector · since 25-02-2022
- Holdings
- Shares in 4 companies including AXIONA and TRANSBAT
Financial position
Holding: outside the score modelBankruptcy probability: sector outside the model
Annual accounts 2025
- Gross margin
- €140,512
- ▼ 55.0%
- Turnover
- ≈ €230,000
- estimated
- Loss
- €279,397
- ▲ 257%
- Equity
- €5.8m
- ▼ 4.6%
- Total assets
- €14.8m
- ▼ 1.8%
- Employees on 31-12-2025
- 2
- =
Net result -257%: other schema
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity. Financial fixed assets make up more than half of its assets. The general model for operating companies does not fit such a balance sheet, so there is no score and no financial strength.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 days early
2024
30 days early
2023
30 days early
2022
28 days early
2021
34 days early
2020
40 days early
2019
45 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 34 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Risk: 4 loss-making years in a rowloss in financial year 2025 -€279,397 View
- Caution: Result fell in 2025different schema filed ▼ 257% View
- Caution: Lower net result than 91% of companies in head offices and management consultancysector median €54,042 · 3,862 companies -€279,397 View
- Board changedlatest change 11-09-2026 · 4 in office 1 joined · 2 left View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Heads a groupcompanies controlled 5 View
Recent changes
- · Gazette deed 1 director appointed, 2 directors resigningResignations: Ghislaine Heiremans (director) and Rudolf Borré (afgevaardigd bestuurder) · Appointment: Katti Borré (afgevaardigd bestuurder) · Director discharge: Ghislaine Heiremans
- · Gazette deed Appointment: BorréKatti (director)
- · Gazette deed 1 director appointed, 4 reappointedReappointments: BORRÉ Rudolf Renald Alin, HEIREMANS Ghislaine Madeleine Gustave Maria and BORRÉ Benni Fernand Marie Martha · Appointment: BORRÉ Rudolf Renald Alin (chair of the board) · Director discharge: BORRÉ Rudolf Renald Alin
Companies linked to NICOBA
Comparable companies
These companies have the same main activity as NICOBA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €10m and €18m, founded between 1988 and 1997.
| Company | Total assets | Gross margin |
|---|---|---|
| NICOBA Gent | €14.8m | €0.1m |
| D.D.S. SERVICES Oudenaarde | €18.4m | €0.2m |
| ALBATER Ukkel | €11.5m | €0.2m |
| CREAGEN Grimbergen | €12.7m | €0.2m |
| KROFF FINANCIAL CORPORATION Roosdaal | €11.6m | €0.2m |
| NO.M Antwerpen | €10.1m | €0.2m |
| PROFINANCE Lokeren | €10.6m | €0.3m |
Key facts about NICOBA
- What is the company number of NICOBA?
- The company number of NICOBA is 0444.379.467. The VAT number is the same number with BE in front: BE 0444.379.467.
- Where is NICOBA based?
- The registered office is at Bollebergen 2A, 9052 Gent.Company details
- What does NICOBA do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of NICOBA?
- The legal form of NICOBA is Public limited company (NV).
- When was NICOBA founded?
- NICOBA was founded on 11-06-1991.
- Is NICOBA still active?
- Yes, NICOBA is an active enterprise in the KBO register.
- How many employees does NICOBA have?
- NICOBA had an average of 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of NICOBA?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €140,512 and 94 comparable companies (NACE 70200). It probably lies between €180,000 and €290,000. In financial year 2018 turnover was €522,353.
- Is NICOBA profitable?
- In financial year 2025, NICOBA made a loss of €279,397.
- Where can I find the annual accounts of NICOBA?
- NICOBA filed 44 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NICOBA due?
- NICOBA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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