ACTIVE

Baronie van Boelare

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Financial year 2023 · Closed on 31/12/2023

Net result469 k €-44,2 %over 1 year

Revenue4,8 M €+10,5 %over 1 year

Equity12 M €+5,3 %over 1 year

Workforce95,0 ETP+0,8 %over 1 year

Identity

Source · BCE/KBO

Baronie van Boelare is a Non-profit organization incorporated in 1987. Its registered office is in Geraardsbergen. It employs on average 95,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0434.390.348
Incorporation: 01/12/1987
Legal form: Non-profit organization
Registered office: Leopoldlaan(Oph) 82
9500 Geraardsbergen · FlandreSee on map
Latest accounts: 31/12/2023
Average workforce: 95,0 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 17 financial years

	2023		2022		2021		2020		2019
Income statement
Revenue	4,8 M €	+10.5%	4,4 M €	+11.6%	3,9 M €	-17.1%	4,7 M €	-15.4%	5,6 M €
EBITDA	1,2 M €	-31.6%	1,7 M €	+70.3%	1 M €	-40.1%	1,7 M €	-9.6%	1,9 M €
Operating result	327,9 k €	-64.3%	919,5 k €	+222%	285,9 k €	-67.5%	878,8 k €	-11.9%	997 k €
Net result	469 k €	-44.2%	839,9 k €	+292%	214 k €	-66.6%	641 k €	-13.8%	743,5 k €
Balance sheet
Equity	12 M €	+5.3%	11,4 M €	+7.9%	10,6 M €	+2.1%	10,4 M €	+6.6%	9,7 M €
Total assets	21,8 M €	+5.5%	20,7 M €	+10.3%	18,7 M €	-1.5%	19 M €	+0.0%	19 M €
Cash	566,9 k €	-10.7%	635,1 k €	+60.5%	395,7 k €	-63.8%	1,1 M €	-68.8%	3,5 M €
Debts	9,8 M €	+5.8%	9,3 M €	+13.5%	8,2 M €	-5.5%	8,6 M €	-7.1%	9,3 M €
Other
Workforce	95,0 ETP	+0.8%	94,2 ETP	+1.0%	93,3 ETP	-25.2%	124,8 ETP	-10.2%	138,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2023

4 active · 50 ended

Active mandates

MAARTEN VAN NIEUWENHOVE

Director · since 19 juin 2020

Active

Reza NIKNEJAD HAMID

Director · since 19 juin 2020

Active

Maarten VAN NIEUWENHOVE

Director

Active

Reza NIKNEJAD HAMID

Director

Active

Ended mandates

FIGURAD BEDRIJFSREVISOREN

Mandate · since 07 juin 2021 · until 16 juin 2023 · 0423.109.644

Represented by Stefaan Beirens

Ended

FIGURAD BEDRIJFSREVISOREN

Commissaris · since 07 juin 2021 · 0423.109.644

Represented by Stefaan Beirens

Ended

Hamid Niknejad

Mandate · since 19 juin 2020

Ended

Hamid Niknejad

Director · since 19 juin 2020

Ended

Other companies at this address

Leopoldlaan(Oph) 82 9500 Geraardsbergen

Company	CBE no.
NEJARI● Active	0433.203.285
T.L.I.● Active	0866.957.789

Full financial information

Source · NBB

	2023	2022	2021	2020	2019	2018
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/08/2026	27/03/2024	12/09/2023	25/05/2023	08/01/2021	29/08/2019
General meeting	31/07/2026	22/03/2024	08/09/2023	02/05/2023	15/07/2020	20/06/2019
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
Full modelCorrection	31/12/2023	31/07/2026	11/08/2026	Dutch	PDF
Full model	31/12/2023	15/03/2025	18/03/2025	Dutch	PDF
Full model	31/12/2022	22/03/2024	27/03/2024	Dutch	PDF
Full model	31/12/2021	08/09/2023	12/09/2023	Dutch	PDF
Full modelCorrection	31/12/2020	02/05/2023	25/05/2023	Dutch	PDF
Full model	31/12/2020	10/07/2021	16/12/2021	Dutch	PDF
Full model	31/12/2019	15/07/2020	08/01/2021	Dutch	PDF
Full model	31/12/2018	20/06/2019	29/08/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	12/07/2018	Dutch	PDF
Full model	31/12/2016	07/06/2017	20/06/2017	Dutch	PDF
Full model	31/12/2015	21/06/2016	19/07/2016	Dutch	PDF
Full model	31/12/2014	24/06/2015	29/06/2015	Dutch	PDF
Full model	31/12/2013	19/06/2014	07/07/2014	Dutch	PDF
Full model	31/12/2012	28/06/2013	25/07/2013	Dutch	PDF
Full model	31/12/2011	21/06/2012	02/07/2012	Dutch	PDF
Full model	31/12/2010	16/06/2011	27/06/2011	Dutch	PDF
Full model	31/12/2009	17/06/2010	22/06/2010	Dutch	PDF
Full model	31/12/2008	18/06/2009	25/06/2009	Dutch	PDF
Full model	31/12/2007	19/06/2008	01/07/2008	Dutch	PDF
Full model	31/12/2006	11/06/2007	26/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/12/2023

4 active · 50 ended

Active mandates

MAARTEN VAN NIEUWENHOVE

Director · since 19 juin 2020

Active

Reza NIKNEJAD HAMID

Director · since 19 juin 2020

Active

Maarten VAN NIEUWENHOVE

Director

Active

Reza NIKNEJAD HAMID

Director

Active

Ended mandates

FIGURAD BEDRIJFSREVISOREN

Mandate · since 07 juin 2021 · until 16 juin 2023 · 0423.109.644

Represented by Stefaan Beirens

Ended

FIGURAD BEDRIJFSREVISOREN

Commissaris · since 07 juin 2021 · 0423.109.644

Represented by Stefaan Beirens

Ended

Hamid Niknejad

Mandate · since 19 juin 2020

Ended

Hamid Niknejad

Director · since 19 juin 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates25/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/07/2020
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates06/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/12/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/06/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/11/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/02/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/04/2014
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

2023
Annual accounts 2023469 k €↓
2022
Annual accounts 2022839,9 k €↑
2021
Annual accounts 2021214 k €↓
2020
Annual accounts 2020641 k €↓
2019
Annual accounts 2019743,5 k €↓
2018
Annual accounts 2018828,9 k €↓
2017
Annual accounts 2017978,5 k €↓
2016
Annual accounts 20161,1 M €↑
2015
Annual accounts 2015892,5 k €↑
2014
Annual accounts 2014813,7 k €↑
2013
Annual accounts 2013801,5 k €↓
2012
Annual accounts 2012921,4 k €↑
2011
Annual accounts 2011524,9 k €↑
2010
Annual accounts 2010-1,6 M €↓
2009
Annual accounts 2009199,2 k €↓
2008
Annual accounts 2008389 k €↑
2007
Annual accounts 2007105,7 k €
01/12/1987
IncorporationNon-profit organization

Baronie van Boelare

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