NIGEN
0425.690.735 · rovalta.com · 22/09/2026
ACTIVE
NIGEN
Financial year 2025 · closed on 31/12/2025
Net result
1,4 M €
+547.9% YoY
Gross margin
1,9 M €
+149.8% YoY
Equity
38,7 M €
+3.9% YoY
Workforce
1,3 ETP
0.0% YoY
Overview
What does NIGEN do?
NIGEN is a Public limited company incorporated in 1984. Its registered office is in Schilde. It employs on average 1,3 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0425.690.735
Incorporation
15/03/1984
Legal form
Public limited company
Registered office
Mastendreef 21
2970 Schilde · FlandreSee on map
2970 Schilde · FlandreSee on map
Contributed capital
11 406 207,95 €
Latest accounts
31/12/2025
Average workforce
1,3 ETP
Joint committees (1)
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Gross margin | 1,9 M € | +150% | 776,9 k € | +285% | 202 k € | -87.1% | 1,6 M € | +632% | 213,9 k € | -80.6% | 1,1 M € | -42.9% | 1,9 M € | -1.5% | 2 M € | -4.8% | 2,1 M € | +11.6% | 1,8 M € | +8.0% | 1,7 M € | +0.9% | 1,7 M € | +8.7% | 1,6 M € | -17.3% | 1,9 M € | -7.6% | 2 M € | -1.7% | 2,1 M € | +11.7% | 1,9 M € |
| EBITDA | 1,7 M € | +537% | 260,4 k € | +213% | -229,5 k € | -117% | 1,4 M € | +1120% | 111,9 k € | -85.8% | 789,9 k € | +119% | 359,9 k € | -38.3% | 583,6 k € | -11.4% | 658,4 k € | +53.2% | 429,7 k € | -30.2% | 615,3 k € | -6.1% | 655,1 k € | +19.0% | 550,7 k € | -37.3% | 878,7 k € | -0.5% | 882,9 k € | +14.8% | 769,4 k € | +3.7% | 741,8 k € |
| Operating result | 1,1 M € | +913% | -135,9 k € | +77.5% | -605 k € | -161% | 998,4 k € | +509% | -243,9 k € | -270% | 143,4 k € | +461% | -39,7 k € | -112% | 340,1 k € | -18.4% | 416,8 k € | +91.7% | 217,4 k € | -52.2% | 455,4 k € | -19.5% | 566 k € | +22.6% | 461,5 k € | -41.5% | 789,6 k € | -0.4% | 793,1 k € | +17.0% | 677,9 k € | +6.4% | 637,1 k € |
| Net result | 1,4 M € | +548% | 222 k € | +95.5% | 113,6 k € | -74.0% | 437,6 k € | +1107% | 36,2 k € | -69.3% | 118,1 k € | -67.9% | 368 k € | +5961% | -6,3 k € | -104% | 171,4 k € | -75.8% | 708,9 k € | +68.0% | 422 k € | +209% | 136,5 k € | +558% | 20,8 k € | -92.4% | 273,7 k € | -51.2% | 560,6 k € | +197% | 189,1 k € | -23.6% | 247,3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | 38,7 M € | +3.9% | 37,3 M € | +0.6% | 37,1 M € | -0.1% | 37,1 M € | +1.1% | 36,7 M € | +162% | 14 M € | +0.8% | 13,9 M € | +2.7% | 13,5 M € | -0.0% | 13,5 M € | +1.3% | 13,4 M € | +5.6% | 12,7 M € | +3.4% | 12,2 M € | +1.1% | 12,1 M € | +0.2% | 12,1 M € | +2.3% | 11,8 M € | +5.0% | 11,3 M € | +229% | 3,4 M € |
| Total assets | 50,1 M € | +1.4% | 49,4 M € | +5.9% | 46,6 M € | +0.5% | 46,4 M € | +1.9% | 45,6 M € | +86.5% | 24,4 M € | +10.7% | 22,1 M € | +1.9% | 21,7 M € | +2.8% | 21,1 M € | -0.6% | 21,2 M € | +3.0% | 20,6 M € | +13.9% | 18,1 M € | +1.7% | 17,8 M € | -1.6% | 18,1 M € | +1.8% | 17,7 M € | +5.5% | 16,8 M € | +90.6% | 8,8 M € |
| Cash | 4,3 M € | -27.3% | 5,9 M € | -23.1% | 7,7 M € | +95.8% | 3,9 M € | -40.5% | 6,6 M € | +1567% | 398,1 k € | +68.4% | 236,3 k € | +92.5% | 122,7 k € | +149% | 49,4 k € | +108% | 23,7 k € | -4.9% | 24,9 k € | -92.7% | 340 k € | +51475% | 659,3 € | -63.0% | 1,8 k € | -89.9% | 17,7 k € | +692% | 2,2 k € | -97.0% | 74,9 k € |
| Debts | 9,5 M € | -2.5% | 9,7 M € | +24.6% | 7,8 M € | -3.8% | 8,1 M € | -6.2% | 8,7 M € | -14.3% | 10,1 M € | +27.8% | 7,9 M € | +1.9% | 7,8 M € | +7.5% | 7,2 M € | -3.7% | 7,5 M € | -5.3% | 7,9 M € | +35.8% | 5,8 M € | +3.0% | 5,7 M € | -5.3% | 6 M € | +0.9% | 5,9 M € | +6.4% | 5,6 M € | +3.1% | 5,4 M € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | 1,3 ETP | 0.0% | 1,3 ETP | 0.0% | 1,3 ETP | 0.0% | 1,3 ETP | 0.0% | 1,3 ETP | -68.3% | 4,1 ETP | -45.3% | 7,5 ETP | -36.4% | 11,8 ETP | -3.3% | 12,2 ETP | -8.3% | 13,3 ETP | -1.5% | 13,5 ETP | +16.4% | 11,6 ETP | +2.7% | 11,3 ETP | +7.6% | 10,5 ETP | -15.3% | 12,4 ETP | -10.1% | 13,8 ETP | +3.0% | 13,4 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 12 ended
Active mandates
Jonas MERTENS
ActiveAnn SEGHERS
ActiveDirk MERTENS
ActiveEnded mandates
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged 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 | 28/08/2026 | 22/07/2025 | 30/08/2024 | 31/08/2023 | 29/08/2022 | 10/09/2021 |
| General meeting | 02/06/2026 | 03/06/2025 | 04/06/2024 | 06/06/2023 | 07/06/2022 | 01/06/2021 |
| 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 |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 02/06/2026 | 28/08/2026 | Dutch | |
| Abridged model | 31/12/2024 | 03/06/2025 | 22/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 04/06/2024 | 30/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 06/06/2023 | 31/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 07/06/2022 | 29/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 01/06/2021 | 10/09/2021 | Dutch | |
| Abridged model | 31/12/2019 | 02/06/2020 | 01/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 04/06/2019 | 30/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 19/06/2018 | 12/07/2018 | Dutch | |
| Abridged model | 30/06/2016 | 18/12/2016 | 20/01/2017 | Dutch | |
| Abridged model | 30/06/2015 | 08/12/2015 | 18/12/2015 | Dutch | |
| Abridged model | 30/06/2014 | 09/12/2014 | 18/12/2014 | Dutch | |
| Abridged model | 30/06/2013 | 10/12/2013 | 06/01/2014 | Dutch | |
| Abridged model | 30/06/2012 | 11/12/2012 | 18/12/2012 | Dutch | |
| Abridged model | 30/06/2011 | 06/12/2011 | 15/12/2011 | Dutch | |
| Abridged model | 30/06/2010 | 07/12/2010 | 09/12/2010 | Dutch | |
| Abridged model | 30/06/2009 | 01/12/2009 | 07/12/2009 | Dutch | |
| Abridged model | 30/06/2008 | 02/12/2008 | 04/12/2008 | Dutch | |
| Abridged model | 30/06/2007 | 04/12/2007 | 06/12/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 10 M€ and 25 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 · 3 active · 12 ended
Active mandates
Jonas MERTENS
ActiveAnn SEGHERS
ActiveDirk MERTENS
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Registered office23/01/2026MAATSCHAPPELIJKE ZETEL
- Mandates16/05/2025ONTSLAGEN - BENOEMINGEN
- Restructuring22/01/2025KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates13/11/2024ONTSLAGEN - BENOEMINGEN
- Restructuring05/11/2024RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring24/01/2024RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring12/09/2023RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring30/06/2021DOEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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 20251,4 M €↑
- 2024Annual accounts 2024222 k €↑
- 2023Annual accounts 2023113,6 k €↓
- 2022Annual accounts 2022437,6 k €↑
- 2021Annual accounts 202136,2 k €↓
- 2018Annual accounts 2018118,1 k €↓
- 2017Annual accounts 2017368 k €↑
- 2016Annual accounts 2016-6,3 k €↓
- 2015Annual accounts 2015171,4 k €↓
- 2014Annual accounts 2014708,9 k €↑
- 2013Annual accounts 2013422 k €↑
- 2012Annual accounts 2012136,5 k €↑
- 2011Annual accounts 201120,8 k €↓
- 2010Annual accounts 2010273,7 k €↓
- 2009Annual accounts 2009560,6 k €↑
- 2008Annual accounts 2008189,1 k €↓
- 2007Annual accounts 2007247,3 k €
- 15/03/1984IncorporationPublic limited company