ACTIVE

NIC

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Financial year 2025 · closed on 30/04/2025

Net result

1,9 M €

+433.1% YoY

Gross margin

2,6 M €

+236.7% YoY

Equity

14,6 M €

+14.9% YoY

Workforce

0,3 ETP

0.0% YoY

What does NIC do?

NIC is a Public limited company incorporated in 1989. Its registered office is in Knokke-Heist. It employs on average 0,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0438.909.459

Incorporation

14/11/1989

Legal form

Public limited company

Registered office

Merelsweg 2
8300 Knokke-Heist · FlandreSee on map

Contributed capital

465 507,41 €

Latest accounts

30/04/2025

Average workforce

0,3 ETP

Joint committees (5)

100
1000
200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	2,6 M €	+237%	766,9 k €	+6.6%	719,4 k €	-83.7%	4,4 M €	+1840%	228 k €	-94.6%	4,2 M €	+512%	690,8 k €	-87.6%	5,6 M €	+345%	1,2 M €	-42.7%	2,2 M €	+210%	702,7 k €	+18.5%	593,1 k €	-43.6%	1,1 M €	-16.3%	1,3 M €	+17.0%	1,1 M €	+1397%	71,7 k €	-87.9%	593,8 k €
EBITDA	2,5 M €	+303%	608,5 k €	+11.3%	546,5 k €	-87.3%	4,3 M €	+23.1%	3,5 M €	-16.2%	4,2 M €	+615%	581,3 k €	-89.4%	5,5 M €	+355%	-2,1 M €	-202%	2,1 M €	+239%	620,4 k €	+26.3%	491,1 k €	-49.4%	970 k €	-16.7%	1,2 M €	+33.8%	870,6 k €	+7479%	11,5 k €	-98.3%	685,4 k €
Operating result	1,9 M €	+1288%	139,3 k €	+111%	66 k €	-98.2%	3,7 M €	+21.6%	3 M €	-22.3%	3,9 M €	+1629%	225,2 k €	-95.6%	5,1 M €	+306%	-2,5 M €	-285%	1,3 M €	+537%	210,5 k €	+374%	44,4 k €	-89.3%	414,7 k €	-52.7%	877,6 k €	+95.7%	448,4 k €	+264%	-273,1 k €	-295%	139,8 k €
Net result	1,9 M €	+433%	356,9 k €	-53.5%	767 k €	-49.4%	1,5 M €	-44.4%	2,7 M €	+14.1%	2,4 M €	+1424%	156,7 k €	-96.3%	4,2 M €	+252%	-2,8 M €	-331%	1,2 M €	+339%	275,9 k €	+377%	-99,8 k €	-194%	106,2 k €	-77.4%	469,3 k €	+35.4%	346,6 k €	+365%	-130,6 k €	-111%	1,2 M €
Balance sheet
Equity	14,6 M €	+14.9%	12,7 M €	+1.8%	12,5 M €	+6.5%	11,7 M €	+12.3%	10,5 M €	+30.2%	8 M €	+42.3%	5,6 M €	-18.3%	6,9 M €	+159%	2,7 M €	-51.2%	5,5 M €	-2.4%	5,6 M €	+5.2%	5,3 M €	-5.4%	5,6 M €	+1.8%	5,5 M €	+9.3%	5,1 M €	+7.4%	4,7 M €	-2.7%	4,8 M €
Total assets	37,4 M €	+8.1%	34,6 M €	-19.1%	42,8 M €	+21.4%	35,2 M €	+3.2%	34,1 M €	+49.0%	22,9 M €	+60.2%	14,3 M €	-6.3%	15,3 M €	+26.8%	12 M €	-11.5%	13,6 M €	-13.0%	15,6 M €	+5.5%	14,8 M €	-18.3%	18,1 M €	-2.3%	18,5 M €	+4.4%	17,7 M €	+16.0%	15,3 M €	+0.8%	15,2 M €
Cash	762,3 k €	+358%	166,4 k €	-81.1%	880,9 k €	+250%	252 k €	-92.7%	3,4 M €	+0.5%	3,4 M €	+2366%	138,9 k €	-91.8%	1,7 M €	+1533%	104 k €	-30.1%	148,8 k €	-55.9%	337,5 k €	+381%	70,2 k €	+39.6%	50,3 k €	-62.2%	132,9 k €	+167%	49,8 k €	-59.1%	121,8 k €	+866%	12,6 k €
Debts	19,5 M €	+2.9%	19 M €	-30.4%	27,2 M €	+33.5%	20,4 M €	-0.2%	20,4 M €	+146%	8,3 M €	+172%	3,1 M €	+13.6%	2,7 M €	-40.6%	4,5 M €	-31.0%	6,6 M €	-18.7%	8,1 M €	+5.2%	7,7 M €	-28.8%	10,8 M €	-5.6%	11,4 M €	+5.0%	10,9 M €	+22.6%	8,9 M €	+3.7%	8,6 M €
Other
Workforce	0,3 ETP	0.0%	0,3 ETP	-25.0%	0,4 ETP	-42.9%	0,7 ETP	+75.0%	0,4 ETP	+33.3%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/04/2025 · 2 active · 13 ended

Active mandates

NIC CONSTRUCT

Managing director · since 28 décembre 2016 · 0828.946.954

Represented by Jozef LAUWERS

Active

Hilde Maria Blomme

Director · since 11 décembre 2006

Active

Ended mandates

NIC CONSTRUCT

Managing director · since 28 décembre 2016 · 0828.946.954

Represented by Jozef Lauwers

Ended

NIC CONSTRUCT

Managing director · since 28 décembre 2016 · 0828.946.954

Ended

Charlotte Lauwers

Director · since 27 septembre 2016

Ended

Sissi Lauwers

Director · since 30 avril 2013

Ended

At this address

Other companies at this address

Company	CBE no.
NIC CONSTRUCT● Active	0828.946.954
SLEEPY HALLOW● Active	0652.890.568

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	01/05/2024	01/05/2023	01/05/2022	01/05/2021	01/05/2020	01/05/2019
Closing of the financial year	30/04/2025	30/04/2024	30/04/2023	30/04/2022	30/04/2021	30/04/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	25/11/2025	03/12/2024	05/10/2023	29/11/2022	27/10/2021	30/09/2020
General meeting	23/09/2025	05/11/2024	26/09/2023	27/09/2022	28/09/2021	22/09/2020
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

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/04/2025	23/09/2025	25/11/2025	Dutch	PDF
Abridged model	30/04/2024	05/11/2024	03/12/2024	Dutch	PDF
Abridged model	30/04/2023	26/09/2023	05/10/2023	Dutch	PDF
Abridged model	30/04/2022	27/09/2022	29/11/2022	Dutch	PDF
Abridged model	30/04/2021	28/09/2021	27/10/2021	Dutch	PDF
Abridged model	30/04/2020	22/09/2020	30/09/2020	Dutch	PDF
Abridged model	30/04/2019	24/09/2019	08/10/2019	Dutch	PDF
Abridged model	30/04/2018	25/09/2018	23/10/2018	Dutch	PDF
Abridged model	30/04/2017	26/09/2017	21/12/2017	Dutch	PDF
Abridged model	30/04/2016	27/09/2016	24/10/2016	Dutch	PDF
Abridged model	30/04/2015	22/09/2015	19/10/2015	Dutch	PDF
Abridged model	30/04/2014	23/09/2014	21/11/2014	Dutch	PDF
Abridged model	30/04/2013	24/09/2013	25/09/2013	Dutch	PDF
Abridged model	30/04/2012	25/09/2012	03/10/2012	Dutch	PDF
Abridged model	30/04/2011	27/09/2011	07/11/2011	Dutch	PDF
Abridged model	30/04/2010	28/09/2010	29/09/2010	Dutch	PDF
Abridged model	30/04/2009	22/09/2009	30/09/2009	Dutch	PDF
Abridged model	30/06/2007	27/11/2007	09/01/2008	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/04/2025 · 2 active · 13 ended

Active mandates

NIC CONSTRUCT

Managing director · since 28 décembre 2016 · 0828.946.954

Represented by Jozef LAUWERS

Active

Hilde Maria Blomme

Director · since 11 décembre 2006

Active

Ended mandates

NIC CONSTRUCT

Managing director · since 28 décembre 2016 · 0828.946.954

Represented by Jozef Lauwers

Ended

NIC CONSTRUCT

Managing director · since 28 décembre 2016 · 0828.946.954

Ended

Charlotte Lauwers

Director · since 27 septembre 2016

Ended

Sissi Lauwers

Director · since 30 avril 2013

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares06/06/2018
KAPITAAL - AANDELEN
PDF
Mandates02/02/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/11/2016
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring09/05/2016
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring17/03/2016
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates18/12/2014
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 20251,9 M €↑
2024
Annual accounts 2024356,9 k €↓
2023
Annual accounts 2023767 k €↓
2022
Annual accounts 20221,5 M €↓
2021
Annual accounts 20212,7 M €↑
2020
Annual accounts 20202,4 M €↑
2019
Annual accounts 2019156,7 k €↓
2018
Annual accounts 20184,2 M €↑
2017
Annual accounts 2017-2,8 M €↓
2016
Annual accounts 20161,2 M €↑
2015
Annual accounts 2015275,9 k €↑
2014
Annual accounts 2014-99,8 k €↓
2013
Annual accounts 2013106,2 k €↓
2012
Annual accounts 2012469,3 k €↑
2011
Annual accounts 2011346,6 k €↑
2010
Annual accounts 2010-130,6 k €↓
2009
Annual accounts 20091,2 M €
14/11/1989
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

NIC

Overview

What does NIC do?

Trend over 17 financial years

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