ACTIVE

URBAN NATION ASSOCIATES

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Financial year 2024 · closed on 31/12/2024

Net result

65,9 k €

-23.1% YoY

Gross margin

913,3 k €

+55.5% YoY

Equity

3,1 M €

+13.9% YoY

Workforce

1,0 ETP

0.0% YoY

What does URBAN NATION ASSOCIATES do?

URBAN NATION ASSOCIATES is a Public limited company incorporated in 1983. Its main activity is: Architectural activities. Its registered office is in Forest. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0424.535.940

Incorporation

25/08/1983

Legal form

Public limited company

Registered office

Rue Pierre Decoster 110 box A
1190 Forest · BruxellesSee on map

Contributed capital

162 500,00 €

Latest accounts

31/12/2024

Average workforce

1,0 ETP

Activities (NACE)

71113Architectural activities· main 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.64210Activities of holding companies 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate+13

Joint committees (1)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	913,3 k €	+55.5%	587,5 k €	-43.1%	1 M €	+59.1%	648,9 k €	+77.2%	366,3 k €	-1.4%	371,3 k €	-36.7%	586,9 k €	+48.5%	395,3 k €	-40.0%	658,5 k €	+86.1%	353,7 k €	+10.0%	321,5 k €	-41.8%	552,2 k €	-55.9%	1,3 M €	+15.5%	1,1 M €	+89.2%	573,5 k €	+55.7%	368,3 k €	+45.5%	253,1 k €	+49.3%	169,5 k €	+51.7%	111,8 k €
EBITDA	722,8 k €	+81.1%	399,2 k €	-51.7%	827,3 k €	+71.1%	483,4 k €	+81.7%	266 k €	-14.2%	310 k €	-45.7%	570,7 k €	+79.2%	318,4 k €	-44.9%	577,7 k €	+81.8%	317,7 k €	-4.6%	333 k €	-32.3%	491,6 k €	-56.8%	1,1 M €	+11.0%	1 M €	+85.2%	554,2 k €	+89.7%	292,2 k €	+21.8%	239,8 k €	+49.2%	160,8 k €	+59.7%	100,6 k €
Operating result	55,1 k €	-68.5%	175 k €	-69.6%	576,2 k €	+146%	234,6 k €	+275%	62,5 k €	-38.0%	100,8 k €	-70.7%	344,4 k €	+242%	100,8 k €	-72.5%	366,4 k €	+230%	111 k €	-35.0%	170,9 k €	-39.6%	282,8 k €	-71.4%	989,4 k €	+10.0%	899,2 k €	+104%	441,2 k €	+169%	164,1 k €	+29.9%	126,3 k €	+93.4%	65,3 k €	+61.5%	40,4 k €
Net result	65,9 k €	-23.1%	85,7 k €	-79.4%	416,9 k €	+58.1%	263,7 k €	+4668%	5,5 k €	-78.7%	26 k €	-87.6%	209,1 k €	+806%	23,1 k €	-88.0%	193,1 k €	+1038%	17 k €	-75.1%	68,2 k €	-48.0%	131,2 k €	-77.6%	586,7 k €	+2.7%	571,5 k €	+154%	225,2 k €	+156%	87,9 k €	+210%	28,4 k €	+295%	7,2 k €	-1.0%	7,3 k €
Balance sheet
Equity	3,1 M €	+13.9%	2,7 M €	+6.5%	2,5 M €	+19.6%	2,1 M €	+14.1%	1,9 M €	-4.8%	2 M €	+1.3%	1,9 M €	+12.1%	1,7 M €	+1.4%	1,7 M €	+12.8%	1,5 M €	+1.1%	1,5 M €	+4.8%	1,4 M €	+10.1%	1,3 M €	+49.2%	867,1 k €	+90.3%	455,6 k €	+97.7%	230,4 k €	+61.6%	142,6 k €	+24.9%	114,2 k €	+6.7%	107 k €
Total assets	10,8 M €	+59.0%	6,8 M €	+28.8%	5,3 M €	-6.8%	5,7 M €	+41.1%	4 M €	-2.1%	4,1 M €	-1.9%	4,2 M €	-3.5%	4,3 M €	-1.6%	4,4 M €	-2.1%	4,5 M €	+20.3%	3,7 M €	-0.6%	3,8 M €	+0.8%	3,7 M €	+16.0%	3,2 M €	+34.0%	2,4 M €	-12.6%	2,7 M €	+38.2%	2 M €	+36.8%	1,5 M €	+111%	688 k €
Cash	144,6 k €	-74.3%	563,5 k €	-5.3%	595,1 k €	+32.8%	448 k €	+106%	217,9 k €	+22.3%	178,2 k €	-48.8%	347,8 k €	+121%	157,6 k €	-46.5%	294,5 k €	-10.2%	327,9 k €	-36.2%	514,1 k €	-36.7%	812,6 k €	-8.0%	883,2 k €	+29.0%	684,7 k €	+418%	132,1 k €	-21.4%	168 k €	+205%	55 k €	+42.9%	38,5 k €	-51.0%	78,5 k €
Debts	7,5 M €	+88.7%	4 M €	+55.2%	2,6 M €	-25.8%	3,4 M €	+63.2%	2,1 M €	+1.4%	2,1 M €	-3.6%	2,2 M €	-11.8%	2,5 M €	-4.6%	2,6 M €	-12.3%	2,9 M €	+34.7%	2,2 M €	+0.0%	2,2 M €	-0.1%	2,2 M €	+2.0%	2,1 M €	+19.7%	1,8 M €	-27.0%	2,4 M €	+34.1%	1,8 M €	+37.7%	1,3 M €	+130%	576,4 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	-61.5%	2,6 ETP	+36.8%	1,9 ETP	+90.0%	1,0 ETP	+233%	0,3 ETP		–		–		–		–		–		0,9 ETP	-10.0%	1,0 ETP	+66.7%	0,6 ETP		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 9 ended

Active mandates

Nina Rodriguez-Castinado

Director · since 31 mars 2022 · until 30 mars 2028

Active

Gilles Dehareng

Director · since 14 avril 2010 · until 30 mars 2028

Active

Ended mandates

Rodriguez-Castinado Nina Maria

Director · since 31 mars 2022 · until 30 mars 2028

Ended

Gilles Dehareng

Director · since 14 avril 2010 · until 13 avril 2016

Ended

Gilles Dehareng

Director · since 14 avril 2010 · until 13 avril 2022

Ended

Jean-Louis Delooz

Director · since 14 avril 2010 · until 13 avril 2016

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	30/10/2025	07/10/2024	09/10/2023	16/10/2022	27/05/2021	31/08/2020
General meeting	28/04/2025	22/04/2024	24/04/2023	25/04/2022	26/04/2021	27/04/2020
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	28/04/2025	30/10/2025	French	PDF
Abridged model	31/12/2023	22/04/2024	07/10/2024	French	PDF
Abridged model	31/12/2022	24/04/2023	09/10/2023	French	PDF
Abridged modelCorrection	31/12/2021	25/04/2022	16/10/2022	French	PDF
Abridged model	31/12/2021	25/04/2022	03/10/2022	French	PDF
Abridged model	31/12/2020	26/04/2021	27/05/2021	French	PDF
Abridged model	31/12/2019	27/04/2020	31/08/2020	French	PDF
Abridged model	31/12/2018	23/04/2019	20/06/2019	French	PDF
Abridged model	31/12/2017	23/04/2018	09/07/2018	French	PDF
Abridged model	31/12/2016	24/04/2017	29/09/2017	French	PDF
Abridged model	31/12/2015	25/04/2016	28/09/2016	French	PDF
Abridged model	31/12/2014	27/04/2015	14/07/2015	French	PDF
Abridged model	31/12/2013	28/04/2014	03/10/2014	French	PDF
Abridged model	31/12/2012	22/04/2013	30/09/2013	French	PDF
Abridged model	31/12/2011	23/04/2012	13/07/2012	French	PDF
Abridged model	31/12/2010	26/04/2011	13/10/2011	French	PDF
Abridged model	31/12/2009	26/04/2010	24/09/2010	French	PDF
Abridged model	31/12/2008	27/04/2009	01/07/2009	French	PDF
Abridged model	31/12/2007	28/04/2008	12/06/2008	French	PDF
Abridged model	31/12/2006	23/04/2007	19/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2024 · 2 active · 9 ended

Active mandates

Nina Rodriguez-Castinado

Director · since 31 mars 2022 · until 30 mars 2028

Active

Gilles Dehareng

Director · since 14 avril 2010 · until 30 mars 2028

Active

Ended mandates

Rodriguez-Castinado Nina Maria

Director · since 31 mars 2022 · until 30 mars 2028

Ended

Gilles Dehareng

Director · since 14 avril 2010 · until 13 avril 2016

Ended

Gilles Dehareng

Director · since 14 avril 2010 · until 13 avril 2022

Ended

Jean-Louis Delooz

Director · since 14 avril 2010 · until 13 avril 2016

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office22/04/2026
SIEGE SOCIAL
PDF
Restructuring26/06/2024
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
PDF
Restructuring26/06/2024
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
PDF
Mandates21/06/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - OBJET - DEMISSIONS, NOMINATIONS
PDF
Restructuring20/12/2023
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
PDF
Restructuring20/12/2023
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
PDF
Mandates25/05/2022
DEMISSIONS, NOMINATIONS
PDF
Restructuring20/06/2019
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
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

2024
Annual accounts 202465,9 k €↓
2023
Annual accounts 202385,7 k €↓
2022
Annual accounts 2022416,9 k €↑
2021
Annual accounts 2021263,7 k €↑
2020
Annual accounts 20205,5 k €↓
2019
Annual accounts 201926 k €↓
2018
Annual accounts 2018209,1 k €↑
2017
Annual accounts 201723,1 k €↓
2016
Annual accounts 2016193,1 k €↑
2015
Annual accounts 201517 k €↓
2014
Annual accounts 201468,2 k €↓
2013
Annual accounts 2013131,2 k €↓
2012
Annual accounts 2012586,7 k €↑
2011
Annual accounts 2011571,5 k €↑
2010
Annual accounts 2010225,2 k €↑
2009
Annual accounts 200987,9 k €↑
2008
Annual accounts 200828,4 k €↑
2007
Annual accounts 20077,2 k €↓
2006
Annual accounts 20067,3 k €
25/08/1983
IncorporationPublic limited company

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

URBAN NATION ASSOCIATES

Overview

What does URBAN NATION ASSOCIATES do?

Trend over 19 financial years

Indicative valuation

Board of directors

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