NIPACO
0414.706.474 · rovalta.com · 23/09/2026
ACTIVE
NIPACO
Financial year 2024 · closed on 31/12/2024
Net result
40,7 k €
+248.9% YoY
Revenue
558,4 k €
-15.0% YoY
Equity
1,9 M €
+2.1% YoY
Workforce
1,0 ETP
0.0% YoY
Overview
What does NIPACO do?
NIPACO is a Private limited company incorporated in 1974. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Oudenaarde. It employs on average 1,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0414.706.474
Incorporation
15/11/1974
Legal form
Private limited company
Registered office
Industriepark "De Bruwaan" 59
9700 Oudenaarde · FlandreSee on map
9700 Oudenaarde · FlandreSee on map
Contributed capital
18 592,00 €
Latest accounts
31/12/2024
Average workforce
1,0 ETP
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 17 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Revenue | 558,4 k € | -15.0% | 657,2 k € | -26.8% | 897,2 k € | -0.5% | 901,9 k € | +108% | 433,8 k € | -38.4% | 703,9 k € | +11.2% | 633 k € | -19.6% | 787 k € | – | 715,4 k € | +44.3% | 495,7 k € | +22.0% | 406,5 k € | +50.8% | 269,5 k € | -14.9% | 316,6 k € | -8.9% | 347,6 k € | +6.3% | 326,8 k € | -37.2% | 520,2 k € | ||
| EBITDA | 107,9 k € | -21.5% | 137,4 k € | -34.9% | 211,1 k € | -25.3% | 282,7 k € | +504% | 46,8 k € | -65.4% | 135,2 k € | -17.2% | 163,2 k € | -30.2% | 233,8 k € | -13.8% | 271,1 k € | +61.1% | 168,3 k € | +8.6% | 154,9 k € | +113% | 72,6 k € | +10060% | -729 € | +99.0% | -71,7 k € | -1931% | -3,5 k € | -15.3% | -3,1 k € | -104% | 74,1 k € |
| Operating result | 82,4 k € | -25.6% | 110,6 k € | -42.3% | 191,7 k € | -17.8% | 233,2 k € | +806% | 25,8 k € | -76.6% | 110,1 k € | -21.9% | 141 k € | -30.4% | 202,7 k € | -24.8% | 269,4 k € | +61.7% | 166,6 k € | +9.2% | 152,5 k € | +113% | 71,6 k € | +2310% | -3,2 k € | +95.7% | -75,9 k € | -501% | -12,6 k € | +24.1% | -16,6 k € | -129% | 57,7 k € |
| Net result | 40,7 k € | +249% | -27,3 k € | -119% | 140,9 k € | -8.8% | 154,5 k € | +734% | 18,5 k € | -69.6% | 61,1 k € | +10.5% | 55,2 k € | -60.6% | 140,1 k € | -24.3% | 185 k € | +27.2% | 145,5 k € | -4.4% | 152,2 k € | +114% | 71 k € | +2029% | 3,3 k € | +104% | -86,6 k € | -134% | -37 k € | +21.0% | -46,9 k € | +11.8% | -53,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | 1,9 M € | +2.1% | 1,9 M € | -1.4% | 1,9 M € | +7.9% | 1,8 M € | +9.4% | 1,6 M € | +1.1% | 1,6 M € | +3.9% | 1,6 M € | +3.7% | 1,5 M € | +10.3% | 1,4 M € | +15.7% | 1,2 M € | +14.1% | 1 M € | +17.3% | 882,2 k € | +8.8% | 811,2 k € | +0.4% | 807,9 k € | -9.7% | 894,5 k € | -4.0% | 931,5 k € | -4.8% | 978,4 k € |
| Total assets | 2 M € | +2.3% | 1,9 M € | -1.2% | 1,9 M € | +1.3% | 1,9 M € | +2.4% | 1,9 M € | +10.5% | 1,7 M € | +2.2% | 1,7 M € | +2.8% | 1,6 M € | +6.3% | 1,5 M € | +24.3% | 1,2 M € | +14.6% | 1,1 M € | +18.1% | 900,4 k € | +6.5% | 845,3 k € | +3.7% | 814,9 k € | -12.3% | 929,3 k € | -5.7% | 985,4 k € | -5.0% | 1 M € |
| Cash | 633,6 k € | +112% | 299,4 k € | -54.0% | 651,6 k € | +32.3% | 492,5 k € | +13.1% | 435,5 k € | -4.6% | 456,6 k € | -23.1% | 594 k € | -18.1% | 725,5 k € | +21.9% | 595 k € | +24.8% | 476,9 k € | +31.0% | 363,9 k € | +57.0% | 231,9 k € | +22.3% | 189,6 k € | +57.5% | 120,4 k € | -18.1% | 146,9 k € | -25.5% | 197,1 k € | -22.7% | 255 k € |
| Debts | 11 k € | +31.7% | 8,3 k € | +150% | 3,3 k € | -97.2% | 119 k € | -48.1% | 229,2 k € | +228% | 69,9 k € | -26.6% | 95,2 k € | -9.0% | 104,6 k € | -29.8% | 149 k € | +288% | 38,4 k € | +34.9% | 28,5 k € | +57.1% | 18,1 k € | -46.8% | 34,1 k € | +387% | 7 k € | -79.9% | 34,8 k € | -35.4% | 53,8 k € | -8.0% | 58,6 k € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | 1,0 ETP | 0.0% | 1,0 ETP | – | – | – | – | – | – | – | 1,0 ETP | 0.0% | 1,0 ETP | – | – | – | – | – | – | ||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 1 active · 1 ended
Active mandates
Marc Nuyttens
ActiveEnded mandates
MARC NUYTTENS
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
| 0471.657.154 | |
LUX-COMFORT● Active | 0890.445.746 |
NIPACO INTERNATIONAL● Active | 0425.997.967 |
NUDO● Active | 0447.541.568 |
Financials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Micro model | Micro model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 23/12/2025 | 18/12/2024 | 16/10/2023 | 29/12/2022 | 29/12/2021 | 29/12/2020 |
| General meeting | 31/07/2025 | 31/07/2024 | 31/07/2023 | 31/07/2022 | 31/07/2021 | 31/07/2020 |
| 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 |
|---|---|---|---|---|---|
| Abridged model | 31/12/2024 | 31/07/2025 | 23/12/2025 | Dutch | |
| Abridged model | 31/12/2023 | 31/07/2024 | 18/12/2024 | Dutch | |
| Abridged model | 31/12/2022 | 31/07/2023 | 16/10/2023 | Dutch | |
| Abridged model | 31/12/2021 | 31/07/2022 | 29/12/2022 | Dutch | |
| Micro model | 31/12/2020 | 31/07/2021 | 29/12/2021 | Dutch | |
| Micro model | 31/12/2019 | 31/07/2020 | 29/12/2020 | Dutch | |
| Micro model | 31/12/2018 | 31/07/2019 | 30/12/2019 | Dutch | |
| Micro model | 31/12/2017 | 31/07/2018 | 30/12/2018 | Dutch | |
| Micro model | 31/12/2016 | 31/07/2017 | 10/12/2017 | Dutch | |
| Abridged model | 31/12/2015 | 31/07/2016 | 01/10/2016 | Dutch | |
| Abridged model | 31/12/2014 | 31/07/2015 | 05/10/2015 | Dutch | |
| Abridged model | 31/12/2013 | 31/07/2014 | 20/09/2014 | Dutch | |
| Abridged model | 31/12/2012 | 31/07/2013 | 13/09/2013 | Dutch | |
| Abridged model | 31/12/2011 | 31/07/2012 | 27/10/2012 | Dutch | |
| Abridged model | 31/12/2010 | 31/07/2011 | 02/09/2011 | Dutch | |
| Abridged model | 31/12/2009 | 31/07/2010 | 17/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 31/07/2009 | 17/09/2009 | Dutch | |
| Abridged model | 31/12/2007 | 31/07/2008 | 31/10/2008 | Dutch | |
| Abridged model | 31/12/2006 | 31/08/2007 | 03/04/2008 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 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 31/12/2024 · 1 active · 1 ended
Active mandates
Marc Nuyttens
ActiveEnded mandates
MARC NUYTTENS
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates30/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Registered office03/12/2014MAATSCHAPPELIJKE ZETEL
- Other21/11/2014DOEL
- Capital / shares13/02/2004ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Registered office27/01/2003MAATSCHAPPELIJKE ZETEL
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
- 2024Annual accounts 202440,7 k €↑
- 2023Annual accounts 2023-27,3 k €↓
- 2022Annual accounts 2022140,9 k €↓
- 2021Annual accounts 2021154,5 k €↑
- 2020Annual accounts 202018,5 k €↓
- 2019Annual accounts 201961,1 k €↑
- 2018Annual accounts 201855,2 k €↓
- 2017Annual accounts 2017140,1 k €↓
- 2016Annual accounts 2016185 k €↑
- 2015Annual accounts 2015145,5 k €↓
- 2014Annual accounts 2014152,2 k €↑
- 2013Annual accounts 201371 k €↑
- 2012Annual accounts 20123,3 k €↑
- 2011Annual accounts 2011-86,6 k €↓
- 2010Annual accounts 2010-37 k €↑
- 2009Annual accounts 2009-46,9 k €↑
- 2008Annual accounts 2008-53,2 k €
- 15/11/1974IncorporationPrivate limited company