NOLEM
Annual accounts 2025
micro format, filed on 27-06-2026, 34 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €190,000. Estimated: probably between €150,000 and €260,000.
Balance sheet
balance sheet total €265,084 on 31-12-2025in euro
in euro
Position in the sector
97.1%
Higher than 95% of 9,691 companies in 2025.
29.35
Higher than 95% of 9,309 companies in 2025.
21.4%
Higher than 65% of 9,433 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
265,084 | 294,235 | 183,319 | |
21/28 |
36,061 | 47,353 | 11,753 | |
22/27 |
36,061 | 47,353 | 11,753 | |
23 |
649 | 849 | - | |
24 |
35,411 | 46,504 | 11,753 | |
29/58 |
229,023 | 246,883 | 171,565 | |
40/41 |
36,769 | 66,906 | 24,469 | |
40 |
14,285 | 57,670 | 24,469 | |
41 |
22,484 | 9,236 | - | |
54/58 |
190,850 | 178,260 | 146,672 | |
490/1 |
1,404 | 1,718 | 423 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
265,084 | 294,235 | 183,319 | |
10/15 |
257,280 | 200,574 | 113,839 | |
10/11 |
3,000 | 3,000 | 3,000 | |
13 |
254,280 | 197,574 | 110,839 | |
133 |
254,280 | 197,574 | 110,839 | |
17/49 |
7,804 | 93,661 | 69,479 | |
42/48 |
7,804 | 93,661 | 69,479 | |
42 |
- | - | 5,777 | |
44 |
- | 439 | 500 | |
440/4 |
- | 439 | 500 | |
45 |
7,804 | 93,222 | 62,735 | |
450/3 |
7,804 | 93,222 | 62,735 | |
47/48 |
- | - | 467 | |
| Income statement | ||||
9900 |
93,561 | 124,805 | 177,537 | |
630 |
12,495 | 9,828 | 3,715 | |
9901 |
81,067 | 114,977 | 173,821 | |
75/76B |
817 | 266 | 149 | |
75 |
817 | 266 | 149 | |
65/66B |
73 | 729 | 2,010 | |
65 |
46 | 729 | 2,010 | |
66B |
27 | - | - | |
9903 |
81,811 | 114,514 | 171,960 | |
67/77 |
25,105 | 27,779 | 52,421 | |
9904 |
56,706 | 86,735 | 119,539 | |
9905 |
56,706 | 86,735 | 119,539 | |
| Appropriation of the result | ||||
9906 |
56,706 | 86,735 | 119,539 | |
691/2 |
56,706 | 86,735 | 110,839 | |
6921 |
56,706 | 86,735 | 110,839 | |
694/7 |
- | - | 8,700 | |
694 |
- | - | 8,700 | |
| Document | ||||
The notes to these accounts have 6 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 27-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 93,561 | 124,805 | 177,537 | ||
| 69,200 | 96,562 | 123,255 | ||
| 1,202 | 45,427 | 15,469 | ||
| 12,591 | 31,587 | - | ||
| 221,220 | 153,222 | 102,086 | ||
| 97.1% | 68.2% | 62.1% | ||
| 29.35 | 2.64 | 2.47 | ||
| 0.03 | 0.47 | 0.61 | ||
| 22.0% | 43.2% | 105.0% | ||
| 21.4% | 29.5% | 65.2% | ||
| over 100 | over 100 | 88.33 |
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| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €1,202 | €45,427 | €15,469 |
| €12,495 | €9,828 | €3,715 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on NOLEM
The operating result for 2025 is 29% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 31.8% to 2.9%. Equity is higher and debt is lower.