ACTIVE

NOF METAL COATINGS EUROPE

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Financial year 2025 · Closed on 31/12/2025

Net result253,2 k €+114,1 %over 1 year

Revenue23,2 M €-2,1 %over 1 year

Equity7,8 M €+2,1 %over 1 year

Workforce32,3 ETP-3,6 %over 1 year

Identity

Source · BCE/KBO

NOF METAL COATINGS EUROPE is a Public limited company incorporated in 1989. Its main activity is: Manufacture of paints, varnishes and similar coatings, printing ink and mastics. Its registered office is in Grobbendonk. It employs on average 32,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0437.952.228
Incorporation: 01/08/1989
Legal form: Public limited company
Registered office: Bouwelven 1
2280 Grobbendonk · FlandreSee on map
Contributed capital: 2 500 000,00 €
Latest accounts: 31/12/2025
Average workforce: 32,3 ETP

Activities (NACE)

20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics· main 20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics 24300Manufacture of other products of first processing of steel

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 14 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	23,2 M €	-2.1%	23,7 M €	-6.3%	25,3 M €	+2.5%	24,7 M €	+15.7%	21,3 M €
EBITDA	971,4 k €	+24.9%	777,8 k €	-8.1%	846 k €	+6.7%	792,6 k €	-26.0%	1,1 M €
Operating result	339,5 k €	+93.5%	175,4 k €	-32.6%	260,3 k €	+24.2%	209,6 k €	-42.1%	362,1 k €
Net result	253,2 k €	+114%	118,3 k €	-25.5%	158,7 k €	-16.2%	189,4 k €	-28.1%	263,4 k €
Balance sheet
Equity	7,8 M €	+2.1%	7,6 M €	+0.3%	7,6 M €	+0.6%	7,5 M €	+1.1%	7,5 M €
Total assets	10,3 M €	-1.5%	10,5 M €	-11.1%	11,8 M €	-0.6%	11,9 M €	+26.4%	9,4 M €
Cash	869,9 k €	+2.4%	849,2 k €	+122%	382,5 k €	+1140%	30,8 k €	-52.4%	64,8 k €
Debts	2,5 M €	+1.6%	2,4 M €	-40.9%	4,1 M €	-2.8%	4,3 M €	+128%	1,9 M €
Other
Workforce	32,3 ETP	-3.6%	33,5 ETP	-8.2%	36,5 ETP	-3.9%	38,0 ETP	-2.8%	39,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Nicolas Jacquinet	Director13/07/2018 → 24/04/2028
Steven Kerveillant	Director05/07/2022 → 24/04/2028
TURRENSIS1007.623.429Represented by Carl Toremans	Director29/04/2025 → 24/04/2028
Vincent Le Berre	Director28/04/2014 → 24/04/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Carl Toremans	Managing director27/04/2020 → 23/04/2029
Homanco Comm.V0640.803.279Represented by Honoré Smets	Managing director01/02/2016 → 27/04/2020

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	19/05/2026	15/05/2025	27/05/2024	09/05/2023	12/05/2022	28/04/2021
General meeting	27/04/2026	28/04/2025	29/04/2024	24/04/2023	25/04/2022	26/04/2021
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
Full model	31/12/2025	27/04/2026	19/05/2026	Dutch	PDF
Full model	31/12/2024	28/04/2025	15/05/2025	Dutch	PDF
Full model	31/12/2023	29/04/2024	27/05/2024	Dutch	PDF
Full model	31/12/2022	24/04/2023	09/05/2023	Dutch	PDF
Full model	31/12/2021	25/04/2022	12/05/2022	Dutch	PDF
Full model	31/12/2020	26/04/2021	28/04/2021	Dutch	PDF
Full model	31/12/2019	27/04/2020	18/06/2020	Dutch	PDF
Full model	31/12/2018	29/04/2019	08/05/2019	Dutch	PDF
Full model	31/12/2017	30/04/2018	15/05/2018	Dutch	PDF
Full model	31/12/2016	24/04/2017	26/04/2017	Dutch	PDF
Full model	31/12/2015	26/04/2016	28/04/2016	Dutch	PDF
Full model	31/12/2014	27/04/2015	06/05/2015	Dutch	PDF
Full model	31/12/2013	28/04/2014	16/05/2014	Dutch	PDF
Full model	31/12/2012	29/04/2013	27/05/2013	Dutch	PDF
Full model	31/12/2011	30/04/2012	22/05/2012	Dutch	PDF
Full model	31/12/2010	26/04/2011	20/05/2011	Dutch	PDF
Full model	31/12/2009	05/05/2010	02/06/2010	Dutch	PDF
Full model	31/12/2008	27/04/2009	13/05/2009	Dutch	PDF
Full model	31/12/2007	28/04/2008	28/05/2008	Dutch	PDF
Full model	31/12/2006	04/05/2007	01/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

4 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Nicolas Jacquinet	Director13/07/2018 → 24/04/2028
Steven Kerveillant	Director05/07/2022 → 24/04/2028
TURRENSIS1007.623.429Represented by Carl Toremans	Director29/04/2025 → 24/04/2028
Vincent Le Berre	Director28/04/2014 → 24/04/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Carl Toremans	Managing director27/04/2020 → 23/04/2029
Homanco Comm.V0640.803.279Represented by Honoré Smets	Managing director01/02/2016 → 27/04/2020

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates03/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/06/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/02/2016
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

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings14 filings

Mandates

TURRENSIS

Vincent Le Berre

Nicolas Jacquinet

Steven Kerveillant

Carl Toremans

Homanco Comm.V

Osamu Nakayama

Jean-Marie Poulet

Koji Ozawa

Michel François FOUREZ

Honoré SMETS

19891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

NOF METAL COATINGS EUROPE

Bouwelven 1, 2280 Grobbendonk

Director

Managing director

Director

Chairman of the board of directors

DirectorManaging director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Bouwelven 1, 2280 GrobbendonkCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00115830

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
NOF METAL COATINGS EUROPECurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00115830

Events

2025
Annual accounts 2025253,2 k €↑
2024
Annual accounts 2024118,3 k €↓
2023
Annual accounts 2023158,7 k €↓
2022
Annual accounts 2022189,4 k €↓
2021
Annual accounts 2021263,4 k €↓
2020
Annual accounts 2020420,8 k €↑
2019
Annual accounts 2019142,8 k €↑
2018
Annual accounts 2018-76 k €↓
2017
Annual accounts 201756,8 k €↓
2016
Annual accounts 2016125,9 k €↓
2015
Annual accounts 2015276,8 k €↓
2014
Annual accounts 2014433,8 k €↓
2013
Annual accounts 2013484,6 k €↑
2011
Annual accounts 2011327,7 k €
01/08/1989
IncorporationPublic limited company

NOF METAL COATINGS EUROPE

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events