ACTIVE

Nedcon

Financial year 2025 · closed on 31/03/2025
Net result
386,1 k €
-31.6% YoY
Revenue
5,2 M €
-22.1% YoY
Equity
5,3 M €
+7.9% YoY
Workforce
6,2 ETP
0.0% YoY

What does Nedcon do?

Nedcon is a Public limited company incorporated in 1978. Its registered office is in Grobbendonk. It employs on average 6,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0418.205.503
Incorporation
23/03/1978
Legal form
Public limited company
Registered office
Bannerlaan 83 box c2
2280 Grobbendonk · FlandreSee on map
Contributed capital
63 000,00 €
Latest accounts
31/03/2025
Average workforce
6,2 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue5,2 M €6,7 M €10 M €8,6 M €3,2 M €5,9 M €6,5 M €6,7 M €
EBITDA554,2 k €876,9 k €1,2 M €154,4 k €2,5 M €1,6 M €794,4 k €1,2 M €293 k €1,2 M €324,5 k €435,8 k €266,1 k €424,3 k €276,9 k €66,8 k €708,5 k €818,8 k €474,3 k €
Operating result481,6 k €782,4 k €1,1 M €101,2 k €2,4 M €1,5 M €723,5 k €1,2 M €258,4 k €1,3 M €307,4 k €415,8 k €260 k €293,2 k €275 k €61,8 k €681,9 k €815,9 k €460,5 k €
Net result386,1 k €564,6 k €857,3 k €168,6 k €1,6 M €1,1 M €518,4 k €738,5 k €172,2 k €758,7 k €349,9 k €328,8 k €299,7 k €245,2 k €162,3 k €50 k €426,4 k €585,3 k €445,8 k €
Balance sheet
Equity5,3 M €4,9 M €4,8 M €4,8 M €4,6 M €3,8 M €3,5 M €2,9 M €2,2 M €2 M €1,5 M €1,1 M €776,5 k €476,8 k €231,6 k €69,3 k €1,2 M €734,7 k €149,4 k €
Total assets6,4 M €6,8 M €8 M €7,1 M €8,4 M €8,9 M €7,9 M €4,4 M €5,3 M €6,2 M €2,6 M €2,5 M €2 M €1,9 M €2,5 M €624,8 k €4,6 M €3 M €3 M €
Cash3,2 M €3,4 M €3,6 M €3,5 M €5,2 M €4,9 M €5 M €2,5 M €2,7 M €2,6 M €1,9 M €1,6 M €1,1 M €961,9 k €1,3 M €89,9 k €84,6 k €192,8 k €136 k €
Debts820,1 k €1,7 M €3,2 M €1,9 M €3,7 M €3,5 M €2,6 M €1 M €1,8 M €3,5 M €1,1 M €1,4 M €1,2 M €1,5 M €2,2 M €537,9 k €3,4 M €2,3 M €2,8 M €
Other
Workforce6,2 ETP6,2 ETP6,0 ETP6,0 ETP5,0 ETP5,0 ETP6,0 ETP6,0 ETP4,4 ETP4,4 ETP4,4 ETP2,0 ETP5,6 ETP7,3 ETP7,5 ETP7,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2024 · 2 active · 18 ended

Active mandates

LINK CONCEPT

Director · 0899.200.094

Represented by Chris BARTHOLOMEVIS

Active
M.O.C. MANAGEMENT CONSULTING

Director · 0823.306.405

Represented by Luc MERTENS

Active

Ended mandates

LINK CONCEPT

Director · since 16 août 2016 · until 16 août 2022 · 0899.200.094

Ended
M.O.C. MANAGEMENT CONSULTING

Director · since 16 août 2016 · until 16 août 2022 · 0823.306.405

Represented by Luc Mertens

Ended
M.O.C. MANAGEMENT CONSULTING

Director · since 16 août 2016 · until 16 août 2022 · 0823.306.405

Ended
LINK CONCEPT

Director · since 01 mars 2010 · until 15 août 2016 · 0899.200.094

Represented by Chris Bartholomevis

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/10/202521/11/202516/09/202312/10/202230/11/202106/01/2021
General meeting19/08/202520/08/202416/08/202316/08/202217/08/202130/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

22 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202519/08/202531/10/2025DutchPDF
Full modelCorrection31/03/202420/08/202421/11/2025DutchPDF
Full model31/03/202420/08/202431/10/2024DutchPDF
Full model31/03/202316/08/202316/09/2023DutchPDF
Full model31/03/202216/08/202212/10/2022DutchPDF
Abridged model31/03/202117/08/202130/11/2021DutchPDF
Abridged model31/03/202030/11/202006/01/2021DutchPDF
Abridged model31/03/201920/08/201928/11/2019DutchPDF
Abridged model31/03/201828/09/201828/01/2019DutchPDF
Abridged model31/03/201730/09/201731/10/2017DutchPDF
Abridged model31/03/201616/08/201619/10/2016DutchPDF
Abridged model31/03/201518/08/201516/10/2015DutchPDF
Abridged model31/03/201419/08/201418/11/2014DutchPDF
Abridged model31/03/201320/08/201329/11/2013DutchPDF
Abridged model31/03/201221/08/201218/03/2013DutchPDF
Abridged model31/03/201119/08/201130/12/2011DutchPDF
Full modelCorrection31/03/201027/10/201024/12/2010DutchPDF
Full model31/03/201027/10/201008/11/2010DutchPDF
Full model31/03/200926/10/200930/11/2009DutchPDF
Full model31/03/200819/08/200819/12/2008DutchPDF
Full model31/03/200714/02/200825/02/2008DutchPDF
Full model31/03/200615/02/200712/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/03/2024 · 2 active · 18 ended

Active mandates

LINK CONCEPT

Director · 0899.200.094

Represented by Chris BARTHOLOMEVIS

Active
M.O.C. MANAGEMENT CONSULTING

Director · 0823.306.405

Represented by Luc MERTENS

Active

Ended mandates

LINK CONCEPT

Director · since 16 août 2016 · until 16 août 2022 · 0899.200.094

Ended
M.O.C. MANAGEMENT CONSULTING

Director · since 16 août 2016 · until 16 août 2022 · 0823.306.405

Represented by Luc Mertens

Ended
M.O.C. MANAGEMENT CONSULTING

Director · since 16 août 2016 · until 16 août 2022 · 0823.306.405

Ended
LINK CONCEPT

Director · since 01 mars 2010 · until 15 août 2016 · 0899.200.094

Represented by Chris Bartholomevis

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office27/05/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates15/12/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/05/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/06/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/11/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/11/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/11/2007
    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

Timeline

  1. 2025
    Annual accounts 2025386,1 k €
  2. 2024
    Annual accounts 2024564,6 k €
  3. 2023
    Annual accounts 2023857,3 k €
  4. 2022
    Annual accounts 2022168,6 k €
  5. 2021
    Annual accounts 20211,6 M €
  6. 2020
    Annual accounts 20201,1 M €
  7. 2019
    Annual accounts 2019518,4 k €
  8. 2018
    Annual accounts 2018738,5 k €
  9. 2017
    Annual accounts 2017172,2 k €
  10. 2016
    Annual accounts 2016758,7 k €
  11. 2015
    Annual accounts 2015349,9 k €
  12. 2014
    Annual accounts 2014328,8 k €
  13. 2013
    Annual accounts 2013299,7 k €
  14. 2012
    Annual accounts 2012245,2 k €
  15. 2011
    Annual accounts 2011162,3 k €
  16. 2010
    Annual accounts 201050 k €
  17. 2009
    Annual accounts 2009426,4 k €
  18. 2008
    Annual accounts 2008585,3 k €
  19. 2007
    Annual accounts 2007445,8 k €
  20. 23/03/1978
    IncorporationPublic limited company