ACTIVE

NEDCO

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Financial year 2025 · Closed on 31/12/2025

Net result316,7 k €+174,7 %over 1 year
Revenue771,3 k €-2,9 %over 1 year
Equity8,5 M €-4,9 %over 1 year

Identity

Source · BCE/KBO

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
Contributed capital
1 300 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue771,3 k €794,2 k €798 k €516,8 k €–
EBITDA568,8 k €679,9 k €703,2 k €387,9 k €220,5 k €
Operating result285,4 k €397,7 k €467,9 k €188,5 k €73,6 k €
Net result316,7 k €-424,2 k €323,6 k €353,8 k €128,1 k €
Balance sheet
Equity8,5 M €8,9 M €11,3 M €11 M €17,6 M €
Total assets9,9 M €11,4 M €11,9 M €11,4 M €18,3 M €
Cash860,5 k €408,8 k €940,6 k €1,3 M €1,3 M €
Debts984,1 k €2,1 M €124,8 k €43,6 k €282,6 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ELIAS WHEMAB0429.362.976Represented by Bart ELIAS
Director28/06/2022 → 27/06/2028Managing director27/09/2005 → 2016 accountsended
TICACONSULT0636.809.156Represented by Erik VAN DEN EYNDEN
Director01/09/2022 → 27/06/2028
ViBel0657.793.127Represented by Carl-Philip dE VILLEGAS dE CLERCAMP
Director01/09/2022 → 27/06/2028
CINQO0430.081.865Represented by Ann DE RAEDT
Director28/06/2022 → 27/06/2028Managing director28/06/2022 → 2024 accountsended
STRACO RE1007.578.491Represented by Gino DE RAEDT
Director28/06/2022 → 27/06/2028Managing director28/06/2022 → 2024 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DV ADVIES0560.979.803Represented by Luc DE VRIESE
Managing director01/01/2020 → 28/06/2022
Gino DE RAEDT
Chairman of the board of directorslisted until the 2016 accounts
STRACO0424.894.741Represented by Gino DE RAEDT
Managing directorlisted until the 2016 accounts

Other companies at this address

Kortrijksesteenweg 157 9830 Sint-Martens-Latem
CompanyCBE no.
ATHMOS CAPITAL● Active
0540.976.423
BARON RUZETTE BRUGGE● Active
0800.839.027
Cassatt● Active
1044.162.636
CEDO GROUP● Active
0778.920.985
CNTR Ath● Active
0795.397.822
CNTR Braine L’Alleud● Active
0795.398.020
CNTR Diest● Active
0795.225.497
CNTR Halle● Active
0795.082.175
CNTR Holding● Active
0794.954.788
CNTR Kortrijk● Active
0795.082.769
CNTR La Louvière● Active
0795.397.921
CNTR Malmedy● Active
0795.398.911
CNTR Oudenaarde● Active
0795.083.957
CNTR Saint-Vith● Active
0795.399.307
CNTR St-NIKLAAS● Active
0795.093.657
CNTR Tongeren● Active
0795.080.690
CONNECTOR HUB● Active
1010.516.801
Futurn Cesar● Active
0839.605.868
GILBO● Active
0438.857.593
G&P VENTURE● Active
0691.657.807

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/09/202626/08/202530/09/202418/07/202318/07/202209/07/2021
General meeting31/08/202601/08/202530/09/202427/06/202328/06/202222/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202531/08/202608/09/2026DutchPDF
Full model31/12/202401/08/202526/08/2025DutchPDF
Full model31/12/202330/09/202430/09/2024DutchPDF
Full model31/12/202227/06/202318/07/2023DutchPDF
Abridged model31/12/202128/06/202218/07/2022DutchPDF
Abridged model31/12/202022/06/202109/07/2021DutchPDF
Abridged model31/12/201918/02/202001/04/2020DutchPDF
Abridged model31/12/201825/06/201917/07/2019DutchPDF
Abridged model31/12/201726/06/201802/07/2018DutchPDF
Abridged model31/12/201627/06/201704/07/2017DutchPDF
Full model31/12/201528/06/201607/07/2016DutchPDF
Full model31/12/201423/06/201506/07/2015DutchPDF
Full model31/12/201324/06/201408/08/2014DutchPDF
Full model31/12/201225/06/201307/08/2013DutchPDF
Full model31/12/201126/06/201229/06/2012DutchPDF
Full model31/03/201010/09/201027/09/2010DutchPDF
Abridged model31/03/200914/09/200929/07/2010DutchPDF
Abridged model31/03/200808/09/200824/09/2008DutchPDF
Abridged model31/03/200714/09/200726/09/2007DutchPDF

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.

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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ELIAS WHEMAB0429.362.976Represented by Bart ELIAS
Director28/06/2022 → 27/06/2028Managing director27/09/2005 → 2016 accountsended
TICACONSULT0636.809.156Represented by Erik VAN DEN EYNDEN
Director01/09/2022 → 27/06/2028
ViBel0657.793.127Represented by Carl-Philip dE VILLEGAS dE CLERCAMP
Director01/09/2022 → 27/06/2028
CINQO0430.081.865Represented by Ann DE RAEDT
Director28/06/2022 → 27/06/2028Managing director28/06/2022 → 2024 accountsended
STRACO RE1007.578.491Represented by Gino DE RAEDT
Director28/06/2022 → 27/06/2028Managing director28/06/2022 → 2024 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DV ADVIES0560.979.803Represented by Luc DE VRIESE
Managing director01/01/2020 → 28/06/2022
Gino DE RAEDT
Chairman of the board of directorslisted until the 2016 accounts
STRACO0424.894.741Represented by Gino DE RAEDT
Managing directorlisted until the 2016 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office01/09/2026
    Zetelverplaatsing
    PDF
  • Mandates02/06/2026
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/08/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates07/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/04/2017
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation1964
Name
Registered office
Annual accounts
Filings19 filings
Mandates
TICACONSULT
ViBel
ELIAS WHEMAB
CINQO
STRACO RE
DV ADVIES
STRACO
Gino DE RAEDT
196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028
NEDCO
Rijvisschestraat 122, 9052 Zwijnaarde
Director
Director
DirectorManaging director
DirectorManaging director
DirectorManaging director
Managing director
Managing director
Chairman of the board of directors
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Kortrijksesteenweg 157, 9830 Sint-Martens-LatemCurrent
CBE
Brusselsesteenweg 197, 9090 Merelbeke-Melle
accounts 2025
Accounts 2025 · 2026-00508523
Rijvisschestraat 122, 9052 Zwijnaarde
accounts 2021 → 2024
Accounts 2024 · 2025-00406213

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
NEDCOCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00508523

Events

  1. 2025
    Annual accounts 2025316,7 k €↑
  2. 2024
    Annual accounts 2024-424,2 k €↓
  3. 2023
    Annual accounts 2023323,6 k €↓
  4. 2022
    Annual accounts 2022353,8 k €↑
  5. 2021
    Annual accounts 2021128,1 k €↓
  6. 2020
    Annual accounts 2020948,7 k €↓
  7. 2019
    Annual accounts 201931,5 M €↑
  8. 2018
    Annual accounts 2018952,4 k €↑
  9. 2017
    Annual accounts 2017-25,7 k €↓
  10. 2016
    Annual accounts 2016264,8 k €↓
  11. 2015
    Annual accounts 2015391,5 k €↓
  12. 2014
    Annual accounts 2014570,7 k €↓
  13. 2013
    Annual accounts 2013936,9 k €↓
  14. 2012
    Annual accounts 20121,4 M €↑
  15. 2011
    Annual accounts 2011492,6 k €↑
  16. 2010
    Annual accounts 2010-1,6 M €↓
  17. 2009
    Annual accounts 2009-60,7 k €↓
  18. 2008
    Annual accounts 2008699,1 k €↓
  19. 2007
    Annual accounts 20072,1 M €
  20. 16/07/1964
    IncorporationPublic limited company