ACTIVE

Nervia Plastics

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Financial year 2025 · closed on 31/12/2025

Net result

2,5 M €

-8.9% YoY

Revenue

16,2 M €

-2.2% YoY

Equity

12,9 M €

+13.5% YoY

Workforce

30,0 ETP

+24.0% YoY

What does Nervia Plastics do?

Nervia Plastics is a Private company with limited liability incorporated in 1965. Its registered office is in Ninove. It employs on average 30,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0400.311.674

Incorporation

31/05/1965

Legal form

Private company with limited liability

Registered office

Fonteinstraat(Oke) 55
9400 Ninove · FlandreSee on map

Contributed capital

90 000,00 €

Latest accounts

31/12/2025

Average workforce

30,0 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	16,2 M €	-2.2%	16,5 M €	+2.4%	16,1 M €	+0.7%	16 M €	+20.4%	13,3 M €	+15.4%	11,5 M €	+7.5%	10,7 M €	+3.5%	10,4 M €	-1.6%	10,5 M €	+7.8%	9,8 M €	+9.5%	8,9 M €	+5.9%	8,4 M €		–		–		–		–		–		–		–		–
EBITDA	3,9 M €	-5.9%	4,1 M €	+0.6%	4,1 M €	+26.8%	3,2 M €	+3.8%	3,1 M €	-5.9%	3,3 M €	+36.7%	2,4 M €	+18.7%	2,1 M €	+18.5%	1,7 M €	+7.8%	1,6 M €	+24.7%	1,3 M €	-1.1%	1,3 M €	+17.4%	1,1 M €	+38.3%	802,4 k €	+1.6%	789,5 k €	-14.6%	924,5 k €	+3.3%	894,6 k €	+31.1%	682,6 k €	+37.7%	495,6 k €	+4.3%	475,2 k €
Operating result	3,2 M €	-4.2%	3,3 M €	+4.4%	3,2 M €	+31.4%	2,4 M €	+3.5%	2,3 M €	-6.9%	2,5 M €	+41.3%	1,8 M €	+15.0%	1,5 M €	+22.0%	1,3 M €	+16.2%	1,1 M €	+26.5%	854,9 k €	+8.9%	784,9 k €	+3.8%	756,3 k €	+53.2%	493,8 k €	-8.2%	537,9 k €	-10.1%	598,5 k €	+5.3%	568,3 k €	+53.1%	371,1 k €	+104%	181,7 k €	+36.1%	133,5 k €
Net result	2,5 M €	-8.9%	2,8 M €	+5.2%	2,7 M €	+43.1%	1,9 M €	-0.7%	1,9 M €	-8.9%	2 M €	+43.3%	1,4 M €	+12.7%	1,3 M €	+20.2%	1,1 M €	+33.5%	790,5 k €	+17.3%	674,1 k €	+9.8%	614,1 k €	+22.0%	503,4 k €	+56.0%	322,7 k €	-9.2%	355,6 k €	-7.9%	385,9 k €	+9.9%	351 k €	+51.8%	231,3 k €	+117%	106,4 k €	-11.4%	120,1 k €
Balance sheet
Equity	12,9 M €	+13.5%	11,4 M €	+15.6%	9,8 M €	+15.9%	8,5 M €	+19.8%	7,1 M €	+19.7%	5,9 M €	+7.7%	5,5 M €	+29.6%	4,2 M €	+13.2%	3,7 M €	+34.5%	2,8 M €	-0.7%	2,8 M €	+12.4%	2,5 M €	+16.3%	2,1 M €	+19.1%	1,8 M €	-4.6%	1,9 M €	-0.8%	1,9 M €	+15.6%	1,6 M €	+14.3%	1,4 M €	+12.6%	1,3 M €	+6.4%	1,2 M €
Total assets	15,2 M €	+7.7%	14,1 M €	+20.6%	11,7 M €	-0.1%	11,7 M €	+12.4%	10,4 M €	+10.3%	9,5 M €	+3.6%	9,1 M €	+43.7%	6,4 M €	-8.2%	6,9 M €	+12.3%	6,2 M €	+5.4%	5,8 M €	+11.1%	5,3 M €	-5.3%	5,6 M €	+35.5%	4,1 M €	-6.0%	4,4 M €	+9.7%	4 M €	+10.7%	3,6 M €	+2.6%	3,5 M €	+5.6%	3,3 M €	+19.6%	2,8 M €
Cash	1,3 M €	-55.1%	2,9 M €	+49.6%	1,9 M €	-38.9%	3,2 M €	-13.4%	3,7 M €	+16.6%	3,2 M €	+2.6%	3,1 M €	+18.3%	2,6 M €	-3.2%	2,7 M €	+72.4%	1,6 M €	+24.1%	1,3 M €	+11.8%	1,1 M €	+41.1%	795,1 k €	+121%	359,9 k €	-5.3%	379,9 k €	+99.5%	190,4 k €	-82.1%	1,1 M €	+182%	376,9 k €	+45.6%	258,9 k €	-39.7%	429,6 k €
Debts	2,2 M €	-17.5%	2,7 M €	+47.0%	1,9 M €	-42.5%	3,2 M €	-1.3%	3,3 M €	-4.6%	3,4 M €	-2.7%	3,5 M €	+77.6%	2 M €	-32.7%	2,9 M €	-9.7%	3,3 M €	+11.2%	2,9 M €	+7.9%	2,7 M €	-14.2%	3,2 M €	+42.6%	2,2 M €	-7.5%	2,4 M €	+19.2%	2 M €	+4.0%	1,9 M €	-5.6%	2 M €	+1.1%	2 M €	+29.8%	1,6 M €
Other
Workforce	30,0 ETP	+24.0%	24,2 ETP	-11.7%	27,4 ETP	+0.7%	27,2 ETP	-4.2%	28,4 ETP	+4.4%	27,2 ETP	-3.9%	28,3 ETP	+6.0%	26,7 ETP	-2.2%	27,3 ETP	+18.2%	23,1 ETP	-2.1%	23,6 ETP	+8.3%	21,8 ETP	+13.5%	19,2 ETP	+4.3%	18,4 ETP	+0.5%	18,3 ETP	+2.8%	17,8 ETP	+3.5%	17,2 ETP	+1.2%	17,0 ETP	-0.6%	17,1 ETP	+2.4%	16,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 27 ended

Active mandates

MILLET BENELUX

Director · since 01 avril 2018 · 0864.462.515

Represented by Stefaan Luca

Active

Ended mandates

MILLET BENELUX

Manager · since 01 avril 2018 · 0864.462.515

Represented by Stefaan Luca

Ended

Christine Millet

Manager · since 10 mai 2016 · until 31 mars 2018

Ended

Christine Millet

Manager · since 10 mai 2016

Ended

Jean-Pierre Millet

Manager · since 10 mai 2016 · until 31 mars 2018

Ended

At this address

Other companies at this address

Company	CBE no.
MILLET BENELUX● Active	0864.462.515
SOFIDENDRE● Active	0436.377.066

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/06/2026	12/06/2025	14/06/2024	15/06/2023	09/06/2022	10/06/2021
General meeting	10/06/2026	13/05/2025	14/05/2024	09/05/2023	10/05/2022	11/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	10/06/2026	23/06/2026	Dutch	PDF
Full model	31/12/2024	13/05/2025	12/06/2025	Dutch	PDF
Full model	31/12/2023	14/05/2024	14/06/2024	Dutch	PDF
Full model	31/12/2022	09/05/2023	15/06/2023	Dutch	PDF
Full model	31/12/2021	10/05/2022	09/06/2022	Dutch	PDF
Full model	31/12/2020	11/05/2021	10/06/2021	Dutch	PDF
Full model	31/12/2019	12/05/2020	08/06/2020	Dutch	PDF
Full model	31/12/2018	14/05/2019	14/06/2019	Dutch	PDF
Full model	31/12/2017	08/05/2018	07/06/2018	Dutch	PDF
Full model	31/12/2016	09/05/2017	30/06/2017	Dutch	PDF
Full model	31/12/2015	10/05/2016	04/07/2016	Dutch	PDF
Full model	31/12/2014	12/05/2015	22/05/2015	Dutch	PDF
Abridged model	31/12/2013	13/05/2014	06/06/2014	Dutch	PDF
Abridged model	31/12/2012	14/05/2013	14/06/2013	Dutch	PDF
Abridged model	31/12/2011	08/05/2012	01/06/2012	Dutch	PDF
Abridged model	31/12/2010	10/05/2011	12/05/2011	Dutch	PDF
Abridged model	31/12/2009	11/05/2010	03/06/2010	Dutch	PDF
Abridged model	31/12/2008	12/05/2009	12/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/05/2008	06/06/2008	Dutch	PDF
Abridged model	31/12/2006	08/05/2007	26/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 27 ended

Active mandates

MILLET BENELUX

Director · since 01 avril 2018 · 0864.462.515

Represented by Stefaan Luca

Active

Ended mandates

MILLET BENELUX

Manager · since 01 avril 2018 · 0864.462.515

Represented by Stefaan Luca

Ended

Christine Millet

Manager · since 10 mai 2016 · until 31 mars 2018

Ended

Christine Millet

Manager · since 10 mai 2016

Ended

Jean-Pierre Millet

Manager · since 10 mai 2016 · until 31 mars 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/07/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/09/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/09/2006
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/02/2006
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20252,5 M €↓
2024
Annual accounts 20242,8 M €↑
2023
Annual accounts 20232,7 M €↑
2022
Annual accounts 20221,9 M €↓
2021
Annual accounts 20211,9 M €↓
2020
Annual accounts 20202 M €↑
2019
Annual accounts 20191,4 M €↑
2018
Annual accounts 20181,3 M €↑
2017
Annual accounts 20171,1 M €↑
2016
Annual accounts 2016790,5 k €↑
2015
Annual accounts 2015674,1 k €↑
2014
Annual accounts 2014614,1 k €↑
2013
Annual accounts 2013503,4 k €↑
2012
Annual accounts 2012322,7 k €↓
2011
Annual accounts 2011355,6 k €↓
2010
Annual accounts 2010385,9 k €↑
2009
Annual accounts 2009351 k €↑
2008
Annual accounts 2008231,3 k €↑
2007
Annual accounts 2007106,4 k €↓
2006
Annual accounts 2006120,1 k €
31/05/1965
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Nervia Plastics

Overview

What does Nervia Plastics do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline