NEDCO
0400.936.434 · rovalta.com · 22/09/2026
ACTIVE
NEDCO
Financial year 2025 · closed on 31/12/2025
Net result
316,7 k €
+174.7% YoY
Revenue
771,3 k €
-2.9% YoY
Equity
8,5 M €
-4.9% YoY
Overview
What does NEDCO do?
NEDCO is a Public limited company incorporated in 1964. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Sint-Martens-Latem.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0400.936.434
Incorporation
16/07/1964
Legal form
Public limited company
Registered office
Kortrijksesteenweg 157
9830 Sint-Martens-Latem · FlandreSee on map
9830 Sint-Martens-Latem · FlandreSee on map
Contributed capital
1 300 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Revenue | 771,3 k € | -2.9% | 794,2 k € | -0.5% | 798 k € | +54.4% | 516,8 k € | – | – | – | – | – | – | 384,3 k € | -5.8% | 408,1 k € | +2.9% | 396,6 k € | -8.9% | 435,5 k € | -30.6% | 627,1 k € | +86.5% | 336,3 k € | – | – | – | ||||||||||
| EBITDA | 568,8 k € | -16.3% | 679,9 k € | -3.3% | 703,2 k € | +81.3% | 387,9 k € | +75.9% | 220,5 k € | -6.6% | 236 k € | +23.6% | 190,9 k € | -86.0% | 1,4 M € | +357% | 297,7 k € | -14.4% | 348 k € | -2.9% | 358,5 k € | -4.2% | 374,1 k € | +38.9% | 269,4 k € | -86.3% | 2 M € | +315% | 473,5 k € | +71.3% | 276,4 k € | -16.1% | 329,6 k € | +3.2% | 319,2 k € | -75.4% | 1,3 M € |
| Operating result | 285,4 k € | -28.2% | 397,7 k € | -15.0% | 467,9 k € | +148% | 188,5 k € | +156% | 73,6 k € | -13.9% | 85,5 k € | +24.0% | 69 k € | -94.5% | 1,3 M € | +601% | 179,1 k € | -22.2% | 230,2 k € | -4.8% | 241,7 k € | -6.5% | 258,4 k € | +69.2% | 152,7 k € | -91.7% | 1,8 M € | +491% | 312 k € | +68.0% | 185,7 k € | -22.8% | 240,7 k € | +16.4% | 206,8 k € | -81.7% | 1,1 M € |
| Net result | 316,7 k € | +175% | -424,2 k € | -231% | 323,6 k € | -8.5% | 353,8 k € | +176% | 128,1 k € | -86.5% | 948,7 k € | -97.0% | 31,5 M € | +3210% | 952,4 k € | +3808% | -25,7 k € | -110% | 264,8 k € | -32.4% | 391,5 k € | -31.4% | 570,7 k € | -39.1% | 936,9 k € | -35.0% | 1,4 M € | +193% | 492,6 k € | +132% | -1,6 M € | -2477% | -60,7 k € | -109% | 699,1 k € | -67.0% | 2,1 M € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 8,5 M € | -4.9% | 8,9 M € | -21.4% | 11,3 M € | +2.9% | 11 M € | -37.7% | 17,6 M € | +0.7% | 17,5 M € | +6.2% | 16,5 M € | +0.1% | 16,5 M € | +6.3% | 15,5 M € | -0.2% | 15,5 M € | +1.7% | 15,3 M € | -38.6% | 24,9 M € | +2.3% | 24,3 M € | +4.0% | 23,4 M € | +3.1% | 22,7 M € | +2.2% | 22,2 M € | -6.6% | 23,7 M € | -0.3% | 23,8 M € | +3.0% | 23,1 M € |
| Total assets | 9,9 M € | -13.2% | 11,4 M € | -3.9% | 11,9 M € | +4.2% | 11,4 M € | -37.6% | 18,3 M € | +2.1% | 18 M € | -63.1% | 48,7 M € | +185% | 17,1 M € | +8.4% | 15,7 M € | -0.5% | 15,8 M € | +1.4% | 15,6 M € | -38.0% | 25,2 M € | +2.2% | 24,6 M € | +1.2% | 24,3 M € | +6.5% | 22,8 M € | +2.1% | 22,4 M € | -6.4% | 23,9 M € | -0.4% | 24 M € | +0.5% | 23,9 M € |
| Cash | 860,5 k € | +110% | 408,8 k € | -56.5% | 940,6 k € | -27.7% | 1,3 M € | +3.0% | 1,3 M € | +22.6% | 1 M € | -96.0% | 26 M € | +651% | 3,5 M € | +232% | 1 M € | -70.2% | 3,5 M € | +13.4% | 3,1 M € | -83.2% | 18,4 M € | +5.9% | 17,4 M € | +1.4% | 17,2 M € | +39.3% | 12,3 M € | -9.0% | 13,6 M € | +37.3% | 9,9 M € | +774% | 1,1 M € | -15.5% | 1,3 M € |
| Debts | 984,1 k € | -52.4% | 2,1 M € | +1557% | 124,8 k € | +186% | 43,6 k € | -84.6% | 282,6 k € | +1552% | 17,1 k € | -99.9% | 31,7 M € | +36377% | 86,9 k € | +66654% | 130,1 € | -99.7% | 39,5 k € | -13.3% | 45,6 k € | +2136% | 2 k € | -88.6% | 17,9 k € | -97.8% | 828 k € | +1657% | 47,1 k € | +0.4% | 46,9 k € | +76.1% | 26,6 k € | -54.2% | 58,2 k € | -90.8% | 633,6 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 5 active · 31 ended
Active mandates
Ended mandates
At this address
Other companies at this address
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|---|---|
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Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Abridged model | Abridged 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 | 08/09/2026 | 26/08/2025 | 30/09/2024 | 18/07/2023 | 18/07/2022 | 09/07/2021 |
| General meeting | 31/08/2026 | 01/08/2025 | 30/09/2024 | 27/06/2023 | 28/06/2022 | 22/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 31/08/2026 | 08/09/2026 | Dutch | |
| Full model | 31/12/2024 | 01/08/2025 | 26/08/2025 | Dutch | |
| Full model | 31/12/2023 | 30/09/2024 | 30/09/2024 | Dutch | |
| Full model | 31/12/2022 | 27/06/2023 | 18/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 28/06/2022 | 18/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 22/06/2021 | 09/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 18/02/2020 | 01/04/2020 | Dutch | |
| Abridged model | 31/12/2018 | 25/06/2019 | 17/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 26/06/2018 | 02/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 27/06/2017 | 04/07/2017 | Dutch | |
| Full model | 31/12/2015 | 28/06/2016 | 07/07/2016 | Dutch | |
| Full model | 31/12/2014 | 23/06/2015 | 06/07/2015 | Dutch | |
| Full model | 31/12/2013 | 24/06/2014 | 08/08/2014 | Dutch | |
| Full model | 31/12/2012 | 25/06/2013 | 07/08/2013 | Dutch | |
| Full model | 31/12/2011 | 26/06/2012 | 29/06/2012 | Dutch | |
| Full model | 31/03/2010 | 10/09/2010 | 27/09/2010 | Dutch | |
| Abridged model | 31/03/2009 | 14/09/2009 | 29/07/2010 | Dutch | |
| Abridged model | 31/03/2008 | 08/09/2008 | 24/09/2008 | Dutch | |
| Abridged model | 31/03/2007 | 14/09/2007 | 26/09/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 5 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 5 active · 31 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Registered office01/09/2026Zetelverplaatsing
- Mandates02/06/2026MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates28/12/2022ONTSLAGEN - BENOEMINGEN
- Mandates29/11/2022ONTSLAGEN - BENOEMINGEN
- Mandates04/10/2022ONTSLAGEN - BENOEMINGEN
- Registered office05/08/2021MAATSCHAPPELIJKE ZETEL
- Mandates07/02/2020ONTSLAGEN - BENOEMINGEN
- Mandates19/04/2017ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025316,7 k €↑
- 2024Annual accounts 2024-424,2 k €↓
- 2023Annual accounts 2023323,6 k €↓
- 2022Annual accounts 2022353,8 k €↑
- 2021Annual accounts 2021128,1 k €↓
- 2020Annual accounts 2020948,7 k €↓
- 2019Annual accounts 201931,5 M €↑
- 2018Annual accounts 2018952,4 k €↑
- 2017Annual accounts 2017-25,7 k €↓
- 2016Annual accounts 2016264,8 k €↓
- 2015Annual accounts 2015391,5 k €↓
- 2014Annual accounts 2014570,7 k €↓
- 2013Annual accounts 2013936,9 k €↓
- 2012Annual accounts 20121,4 M €↑
- 2011Annual accounts 2011492,6 k €↑
- 2010Annual accounts 2010-1,6 M €↓
- 2009Annual accounts 2009-60,7 k €↓
- 2008Annual accounts 2008699,1 k €↓
- 2007Annual accounts 20072,1 M €
- 16/07/1964IncorporationPublic limited company