Equity
€5.6m ▲ 0.2%
NIESSEN paid out €300,000 in dividends. That is 96% of the 2025 profit.
NIESSEN
Lifetime
20 annual accounts with figures on one time axis, 37 filings since 1989peak €1.5m (2024)
€1.4m▼ 9.7%
peak €567,962 (2024)
€312,575▼ 45.0%
peak €5.6m (2025)
€5.6m▲ 0.2%
€586,903▲ 74.2%
peak 10.7 FTE (2025)
10.7 FTE▲ 20.2%
Board4 names since 2021
4 directors and 3 others
Documentsfilings and deeds
20-10-202681 days late
2025abbreviated format
Result from €567,962 to €312,575Staff from 8.9 FTE to 10.7 FTEDividend €300,000Debts from €336,996 to €586,903
Key points
from the 2025 annual accountsResult
€312,575 ▼ 45.0%
The result fell in 2025 from €567,962 to €312,575.
Investments
€377,752 1.8 × depreciation
Green is investment, beige is depreciation.
Staff
13 employees on 31-12-2025
In 2025, 3 people joined and 2 left.
Filings
37 annual accounts 81 days
Latest accounts filed late: after the legal deadline.
Position in the sector
€5.6m
More equity than 95% of companies in specialised construction. Sector median €340,327 · 9,285 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,768 companies had the same profile as NIESSEN has now. Each dot stands for 37 companies, two years later.
96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,768 companies, not a prediction for NIESSEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director
Director
Director
Director
- annual accounts 2020
- annual accounts 2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0434554753
4 directors appointed
, , and · General meeting of 18-10-2021 · Gazette deed
New establishment in Eupen
Gospertstrasse 89
First establishment
Zur Domäne 45, Butgenbach
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NIESSEN Butgenbach | €6.3m | €1.4m | 89.7% | 10.7 |
| APPLICAIR Herve | €3.3m | €1.2m | 28.8% | 7.9 |
| Van Der Cruys Ternat | €4.9m | €1.1m | 37.5% | 13.2 |
| SERVEX Roeselare | €7.0m | €0.7m | 95.7% | 11.7 |
| BOVEMA INTERNATIONAL Olen | €3.3m | €1.2m | 56.8% | 13.2 |
| WLH Tessenderlo-Ham | €3.7m | €1.6m | 73.1% | 9.3 |
| Chaud-Froid-Applications Tournai | €4.1m | €0.7m | 71.4% | 9.6 |
These companies have the same main activity as NIESSEN: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €3.3m and €7m, founded between 1967 and 1995.
Official details
Source: KBO- Status
- Active since 26-05-1988Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 3 others
- Establishment units
- 2.038.961.6754750 Butgenbach, since 01-07-1988
- 2.265.654.9324700 Eupen, since 12-06-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 04-12-2025
Annual accounts 2025
- ≈ €3.8mestimated
- €6.3m▲ 5.4%
- Employeeson 31-12-2025
- 13▲ 18.2%
- Filing
- Filed on 20-10-2026
Insights on NIESSEN
NIESSEN files the abbreviated format. That format states no turnover. The gross margin rose from €384,790 in 2006 to €1.4m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NIESSEN
- What is the company number of NIESSEN?
- The company number of NIESSEN is 0434.554.753. The VAT number is the same number with BE in front: BE 0434.554.753.
- Where is NIESSEN based?
- The registered office is at Zur Domäne 45, 4750 Butgenbach.Company details
- What does NIESSEN do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of NIESSEN?
- NIESSEN is a private limited company (BV).
- When was NIESSEN founded?
- NIESSEN was founded on 26-05-1988.
- Is NIESSEN still active?
- Yes, NIESSEN is an active enterprise in the KBO register.
- How many employees does NIESSEN have?
- NIESSEN had an average of 10.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of NIESSEN?
- The turnover in financial year 2025 is ≈ €3.8m. This figure is estimated from the gross margin of €1.4m and 30 comparable companies (NACE 432). It probably lies between €3.1m and €4.7m.
- Is NIESSEN profitable?
- In financial year 2025, NIESSEN made a profit of €312,575.
- Where can I find the annual accounts of NIESSEN?
- NIESSEN filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NIESSEN due?
- NIESSEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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