ACTIVE

DIRINCO

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Financial year 2025 · Closed on 31/12/2025

Net result103,5 k €-61,1 %over 1 year

Gross margin444,1 k €-33,1 %over 1 year

Equity777 k €+15,4 %over 1 year

Workforce2,9 ETP-3,3 %over 1 year

Identity

Source · BCE/KBO

DIRINCO is a Private limited company incorporated in 1988. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Grimbergen. It employs on average 2,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0434.246.729
Incorporation: 20/05/1988
Legal form: Private limited company
Registered office: Boechoutlaan 105 box 501
1853 Grimbergen · FlandreSee on map
Contributed capital: 18 592,01 €
Latest accounts: 31/12/2025
Average workforce: 2,9 ETP

Activities (NACE)

46460Wholesale of pharmaceutical goods· main 46460Wholesale of pharmaceutical goods 85146Pre-primary education 86909Other human health activities 86995Other human health activities

Joint committees (3)

207
2070
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	444,1 k €	-33.1%	663,9 k €	+175%	241,7 k €	-32.4%	357,8 k €	-6.5%	382,5 k €
EBITDA	154,3 k €	-59.3%	379,5 k €	+759%	44,2 k €	-73.8%	168,7 k €	-23.6%	221 k €
Operating result	151,6 k €	-59.2%	371,9 k €	+825%	40,2 k €	-76.1%	168,3 k €	-23.7%	220,4 k €
Net result	103,5 k €	-61.1%	265,9 k €	+984%	24,5 k €	-78.8%	115,8 k €	-23.2%	150,8 k €
Balance sheet
Equity	777 k €	+15.4%	673,5 k €	+65.2%	407,6 k €	+6.4%	383,1 k €	+43.3%	267,2 k €
Total assets	1,3 M €	-12.8%	1,4 M €	-23.8%	1,9 M €	+138%	799,9 k €	+15.0%	695,4 k €
Cash	182,7 k €	-18.3%	223,6 k €	-10.8%	250,7 k €	+98.3%	126,4 k €	+48.7%	85,1 k €
Debts	485 k €	-37.4%	774,3 k €	-48.1%	1,5 M €	+258%	416,9 k €	-2.3%	426,6 k €
Other
Workforce	2,9 ETP	-3.3%	3,0 ETP	0.0%	3,0 ETP	+66.7%	1,8 ETP	+5.9%	1,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 5 ended

Active mandates

Director	Mandates in this company	Period
Paul Harms	Directorsince 09/05/1998Manager09/05/1988 → 2008 accountsended
Roelof Kuiper	Directorsince 09/05/1998Manager09/05/1988 → 2008 accountsended

Ended mandates

Director	Mandates in this company	Period
Maha Kansel	Director01/10/2024 → 2024 accounts
Maha Haimour	Director29/08/2023 → 2023 accounts
Maarten A. Nibbelke	Managerlisted until the 2006 accounts
Maarten Nibbelke	Manager19/03/2007 → 2007 accounts

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Boechoutlaan 105 1853 Grimbergen

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BOOKS4YOU● Active	0841.544.185
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CHG-MERIDIAN Belux● Active	0420.890.621
Defense Logistics Partnership● Active	1019.237.990
DLV Accountants● Active	0884.477.474
GRYSON● Active	0425.897.108
HARTING● Active	0420.386.023
HARVEY NASH● Active	0463.541.224
Harvey Nash IT Consulting● Active	0451.787.990
MEDIA MARKT MACHELEN● Active	0836.591.841
MEDIA MARKT - SATURN BELGIUM● Active	0477.140.426
MEDIA MARKT - SATURN GROEP● Active	0892.359.121
MMS ONLINE BELGIUM● Active	0846.855.431
OUDE COMMANDITAIRE HANDELSMAATSCHAPPIJ● Liquidation	0400.930.890
PROFINE BELUX● Active	0450.198.873
Q4P● Active	0888.023.122
SPRING WIRELESS EUROPE● Active	0843.383.128
SW DISTRIBUTION● Bankrupt	0897.358.183
Treba Tax Accountants● Active	0862.426.406

Full financial information

Source · NBB

	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	25/08/2026	08/09/2025	30/08/2024	31/08/2023	24/08/2022	26/08/2021
General meeting	04/05/2026	02/05/2025	05/06/2024	07/06/2023	01/06/2022	02/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/05/2026	25/08/2026	Dutch	PDF
Abridged model	31/12/2024	02/05/2025	08/09/2025	Dutch	PDF
Abridged model	31/12/2023	05/06/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	07/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	01/06/2022	24/08/2022	Dutch	PDF
Abridged model	31/12/2020	02/06/2021	26/08/2021	Dutch	PDF
Abridged model	31/12/2019	03/06/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	05/06/2019	20/08/2019	Dutch	PDF
Abridged model	31/12/2017	06/06/2018	29/08/2018	Dutch	PDF
Abridged model	31/12/2016	07/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	03/06/2015	29/06/2015	Dutch	PDF
Abridged model	31/12/2013	04/06/2014	18/08/2014	Dutch	PDF
Abridged model	31/12/2012	05/06/2013	08/08/2013	Dutch	PDF
Abridged model	31/12/2011	06/06/2012	13/07/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	23/06/2011	Dutch	PDF
Abridged model	31/12/2009	02/06/2010	27/08/2010	Dutch	PDF
Abridged model	31/12/2008	03/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	25/06/2008	25/08/2008	Dutch	PDF
Abridged model	31/12/2006	06/06/2007	12/06/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 5 ended

Active mandates

Director	Mandates in this company	Period
Paul Harms	Directorsince 09/05/1998Manager09/05/1988 → 2008 accountsended
Roelof Kuiper	Directorsince 09/05/1998Manager09/05/1988 → 2008 accountsended

Ended mandates

Director	Mandates in this company	Period
Maha Kansel	Director01/10/2024 → 2024 accounts
Maha Haimour	Director29/08/2023 → 2023 accounts
Maarten A. Nibbelke	Managerlisted until the 2006 accounts
Maarten Nibbelke	Manager19/03/2007 → 2007 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/07/2025
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/10/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2023
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/09/2009
Ontslag zaakvoerder
PDF
Other08/08/2007
De Bijzondere Algemene Vergadering gehouden op 12 maart 2007, heeft unaniem beslist om de heer Maarten
PDF
Capital / shares25/02/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office28/10/2002
MAATSCHAPPELIJKE ZETEL
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Roelof Kuiper

Paul Harms

Maha Kansel

Maha Haimour

Maarten A. Nibbelke

Maarten Nibbelke

Maarten A Nibbelke

198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

DIRINCO

Boechoutlaan 105 bte 501, 1853 Strombeek-BeverJ. Van Elewijckstraat 103 bte 5, 1853 Strombeek-Bever

DirectorManager

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Boechoutlaan 105 bte 501, 1853 Strombeek-BeverCurrent	accounts 2025	Accounts 2025 · 2026-00437978
Boechoutlaan 105/501, 1853 Strombeek-Bever	accounts 2024	Accounts 2024 · 2025-00487712
Nijverheidslaan 1 bte 1, 1853 Strombeek-Bever	accounts 2023	Accounts 2023 · 2024-00434596
J. Van Elewijckstraat 103 bte 5, 1853 Strombeek-Bever	accounts 2021 → 2022	Accounts 2022 · 2023-00397164

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
DIRINCOCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00437978

Events

2025
Annual accounts 2025103,5 k €↓
2024
Annual accounts 2024265,9 k €↑
2023
Annual accounts 202324,5 k €↓
2022
Annual accounts 2022115,8 k €↓
2021
Annual accounts 2021150,8 k €↑
2020
Annual accounts 202082,5 k €↑
2019
Annual accounts 2019-8,2 k €↓
2018
Annual accounts 201843,2 k €↑
2017
Annual accounts 201740,1 k €↑
2016
Annual accounts 2016-24,3 k €↓
2015
Annual accounts 20153,7 k €↓
2014
Annual accounts 201420,8 k €↑
2013
Annual accounts 2013446,1 €↑
2012
Annual accounts 2012441,5 €↓
2011
Annual accounts 201122,9 k €↓
2010
Annual accounts 201081,9 k €↑
2009
Annual accounts 2009-48,5 k €↓
2008
Annual accounts 2008-36,3 k €↑
2007
Annual accounts 2007-64,3 k €↓
2006
Annual accounts 200637,3 k €
20/05/1988
IncorporationPrivate limited company

DIRINCO

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline

Registered offices

Company names

Events