ACTIVE

NIAGARA

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Financial year 2025 · closed on 31/05/2025
Net result
119 k €
-14.4% YoY
Gross margin
688,1 k €
+10.0% YoY
Equity
770,4 k €
+18.3% YoY
Workforce
8,4 ETP

What does NIAGARA do?

NIAGARA is a Private limited company incorporated in 1988. Its registered office is in Aartselaar. It employs on average 8,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0433.502.502
Incorporation
23/02/1988
Legal form
Private limited company
Registered office
Oeyvaersbosch 20-22
2630 Aartselaar · FlandreSee on map
Contributed capital
92 959,36 €
Latest accounts
31/05/2025
Average workforce
8,4 ETP
Joint committees (6)
  • 112
  • 149
  • 14901
  • 20000
  • 201
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222017201620152014201320122011201020092008
Income statement
Gross margin688,1 k €625,7 k €518,2 k €495,1 k €368,8 k €246,7 k €411,6 k €304,4 k €93,1 k €182,1 k €159 k €192,3 k €230 k €143,7 k €
EBITDA288,5 k €346,7 k €260,3 k €272,8 k €242,3 k €195,2 k €222,9 k €205,3 k €58,5 k €130,2 k €120,2 k €123,4 k €164,1 k €134,1 k €
Operating result219 k €257,1 k €171,7 k €156,1 k €84,7 k €91,9 k €122,7 k €94,2 k €-44,5 k €52,6 k €50,4 k €51,5 k €56,9 k €65,4 k €
Net result119 k €139 k €113,2 k €84 k €34,2 k €35,4 k €54,9 k €53,1 k €-92,2 k €-3,6 k €1,2 k €2,2 k €6,6 k €-10,8 k €
Balance sheet
Equity770,4 k €651,4 k €512,4 k €399,2 k €181,1 k €291,9 k €111,5 k €56,7 k €3,5 k €95,7 k €99,3 k €98,1 k €95,9 k €89,3 k €
Total assets1,6 M €1,7 M €1,7 M €1,7 M €1,6 M €1,4 M €1,4 M €1,5 M €1,3 M €1,4 M €1,3 M €1,2 M €1,2 M €1,2 M €
Cash565,5 k €430,9 k €318 k €265,9 k €183,3 k €196,5 k €182,6 k €139,4 k €44,5 k €35,3 k €43,8 k €36,7 k €54,4 k €102,1 k €
Debts849,5 k €1 M €1,2 M €1,3 M €1,4 M €1,2 M €1,3 M €1,5 M €1,3 M €1,3 M €1,2 M €1,1 M €1,1 M €1,1 M €
Other
Workforce8,4 ETP0,0 ETP5,5 ETP4,8 ETP2,3 ETP0,9 ETP2,2 ETP2,3 ETP0,6 ETP0,7 ETP0,5 ETP1,4 ETP1,0 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/05/2025 · 2 active · 7 ended

Active mandates

PACE

Director · since 01 juillet 2022 · 0786.384.542

Represented by Paul JR Celis

Active
Paul SR Celis

Director · since 23 septembre 2005

Active

Ended mandates

BV Pace

Director · since 01 juillet 2022

Ended
JR Celis Paul

Director · since 27 avril 2010

Ended
JR Celis Paul

Manager · since 27 avril 2010

Ended
Paul JR Celis

Director · since 27 avril 2010

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/06/202401/06/202301/06/202201/06/202101/06/202001/06/2019
Closing of the financial year31/05/202531/05/202431/05/202331/05/202231/05/202131/05/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/12/202513/12/202415/01/202422/12/202221/12/202113/10/2020
General meeting05/09/202506/09/202401/09/202302/09/202203/09/202104/09/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/05/202505/09/202529/12/2025DutchPDF
Abridged model31/05/202406/09/202413/12/2024DutchPDF
Abridged model31/05/202301/09/202315/01/2024DutchPDF
Abridged model31/05/202202/09/202222/12/2022DutchPDF
Abridged model31/05/202103/09/202121/12/2021DutchPDF
Abridged model31/05/202004/09/202013/10/2020DutchPDF
Abridged model31/05/201906/09/201930/10/2019DutchPDF
Micro model31/05/201807/09/201830/10/2018DutchPDF
Abridged model31/05/201701/09/201726/10/2017DutchPDF
Abridged model31/05/201602/09/201628/10/2016DutchPDF
Abridged model31/05/201504/09/201527/10/2015DutchPDF
Abridged model31/05/201405/09/201429/11/2014DutchPDF
Abridged model31/05/201306/09/201308/01/2014DutchPDF
Abridged model31/05/201207/09/201228/11/2012DutchPDF
Abridged model31/05/201102/09/201108/11/2011DutchPDF
Abridged model31/05/201003/09/201023/11/2010DutchPDF
Abridged model31/05/200904/09/200902/11/2009DutchPDF
Abridged model31/05/200805/09/200822/01/2009DutchPDF
Abridged model31/12/200601/06/200715/06/2007DutchPDF
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.

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 31/05/2025 · 2 active · 7 ended

Active mandates

PACE

Director · since 01 juillet 2022 · 0786.384.542

Represented by Paul JR Celis

Active
Paul SR Celis

Director · since 23 septembre 2005

Active

Ended mandates

BV Pace

Director · since 01 juillet 2022

Ended
JR Celis Paul

Director · since 27 avril 2010

Ended
JR Celis Paul

Manager · since 27 avril 2010

Ended
Paul JR Celis

Director · since 27 avril 2010

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/06/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office24/09/2008
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other15/01/2008
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates18/11/2005
    ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office21/03/2005
    MAATSCHAPPELIJKE ZETEL
    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 2025119 k €↓
  2. 2024
    Annual accounts 2024139 k €↑
  3. 2023
    Annual accounts 2023113,2 k €↑
  4. 2022
    Annual accounts 202284 k €↑
  5. 2017
    Annual accounts 201734,2 k €↓
  6. 2016
    Annual accounts 201635,4 k €↓
  7. 2015
    Annual accounts 201554,9 k €↑
  8. 2014
    Annual accounts 201453,1 k €↑
  9. 2013
    Annual accounts 2013-92,2 k €↓
  10. 2012
    Annual accounts 2012-3,6 k €↓
  11. 2011
    Annual accounts 20111,2 k €↓
  12. 2010
    Annual accounts 20102,2 k €↓
  13. 2009
    Annual accounts 20096,6 k €↑
  14. 2008
    Annual accounts 2008-10,8 k €
  15. 23/02/1988
    IncorporationPrivate limited company