ACTIVE

NOSTALGIE

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Financial year 2025 · Closed on 31/12/2025

Net result4 M €-6,4 %over 1 year
Revenue23 M €+2,2 %over 1 year
Equity7 M €-0,1 %over 1 year
Workforce20,8 ETP-1,4 %over 1 year

Identity

Source · BCE/KBO

NOSTALGIE is a Public limited company incorporated in 1990. Its main activity is: Radio broadcasting. Its registered office is in Evere. It employs on average 20,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0442.436.893
Incorporation
19/12/1990
Legal form
Public limited company
Registered office
Chaussée de Louvain 775
1140 Evere · BruxellesSee on map
Contributed capital
1 500 000,00 €
Latest accounts
31/12/2025
Average workforce
20,8 ETP
Joint committees (2)
  • 218
  • 227
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue23 M €22,5 M €22,5 M €22,1 M €20,7 M €
EBITDA5,5 M €5,9 M €5,8 M €5,8 M €6,7 M €
Operating result5,3 M €5,7 M €5,5 M €5,5 M €6,5 M €
Net result4 M €4,3 M €4,1 M €4,1 M €4,8 M €
Balance sheet
Equity7 M €7 M €7,2 M €7,3 M €7,2 M €
Total assets12,9 M €13,8 M €13,6 M €13,5 M €14,6 M €
Cash1 M €2 M €1,5 M €1 M €563,2 k €
Debts5,8 M €6,7 M €6,3 M €5,8 M €7,1 M €
Other
Workforce20,8 ETP21,1 ETP19,8 ETP18,5 ETP18,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 57 ended

Active mandates

BRUNO DE CARTIER

Chairman of the board of directors · since 16 mai 2025 · until 19 mai 2028

Active
PHILIPPE FOUREL

Managing director · since 16 mai 2025 · until 19 mai 2028

Active
RADIO NOSTALGIE SAS

Director · since 16 mai 2025 · until 19 mai 2028

Represented by Richard Mazeret

Active
TOM KLERCKX

Director · since 16 mai 2025 · until 19 mai 2028

Active

Ended mandates

TOM KLERCKX

Director · since 21 mars 2025 · until 16 mai 2025

Ended
RADIO NOSTALGIE SAS

Director · since 01 janvier 2025 · until 16 mai 2025

Represented by PIERRE TODESCHINI

Ended
BART DECOSTER

Director · since 20 mai 2022 · until 31 décembre 2024

Ended
BART DECOSTER

Director · since 20 mai 2022 · until 16 mai 2025

Ended

Other companies at this address

Chaussée de Louvain 775 1140 Evere
CompanyCBE no.
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0464.582.785
DIGIDYN● Active
0443.431.045
EUROPEAN FOOD BANKS FEDERATION● Active
0691.585.155
FAB● Active
0438.098.817
MEDIA PROCESS● Active
0425.388.946
NRJ BELGIQUE● Active
0443.136.382
POLYTECHNICS INTERNATIONAL● Liquidation
0427.671.218
PROCEDO● Active
0461.065.843
SCIPIAN● Bankrupt
0673.750.023
Vereniging van Belgische Laboratoria● Active
0445.139.235
WHISE● Active
0471.483.940
WHISE GROUP● Active
0816.642.307

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/05/202620/05/202523/05/202422/05/202308/06/202228/05/2021
General meeting15/05/202616/05/202517/05/202419/05/202320/05/202221/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202515/05/202620/05/2026FrenchPDF
Full model31/12/202416/05/202520/05/2025FrenchPDF
Full model31/12/202317/05/202423/05/2024FrenchPDF
Full model31/12/202219/05/202322/05/2023FrenchPDF
Full model31/12/202120/05/202208/06/2022FrenchPDF
Full model31/12/202021/05/202128/05/2021FrenchPDF
Full model31/12/201915/05/202018/05/2020FrenchPDF
Full model31/12/201817/05/201919/06/2019FrenchPDF
Full model31/12/201718/05/201831/05/2018FrenchPDF
Full model31/12/201619/05/201730/05/2017FrenchPDF
Full model31/12/201520/05/201613/06/2016FrenchPDF
Full model31/12/201415/05/201523/06/2015FrenchPDF
Full model31/12/201316/05/201420/06/2014FrenchPDF
Full model31/12/201217/05/201320/06/2013FrenchPDF
Full model31/12/201126/06/201217/07/2012FrenchPDF
Full model31/12/201020/05/201123/06/2011FrenchPDF
Full model31/12/200910/06/201016/07/2010FrenchPDF
Full model31/12/200802/01/200923/07/2009FrenchPDF
Full model31/12/200716/05/200830/07/2008FrenchPDF
Full modelCorrection31/12/200618/05/200707/08/2007FrenchPDF
Full model31/12/200618/05/200725/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 57 ended

Active mandates

BRUNO DE CARTIER

Chairman of the board of directors · since 16 mai 2025 · until 19 mai 2028

Active
PHILIPPE FOUREL

Managing director · since 16 mai 2025 · until 19 mai 2028

Active
RADIO NOSTALGIE SAS

Director · since 16 mai 2025 · until 19 mai 2028

Represented by Richard Mazeret

Active
TOM KLERCKX

Director · since 16 mai 2025 · until 19 mai 2028

Active

Ended mandates

TOM KLERCKX

Director · since 21 mars 2025 · until 16 mai 2025

Ended
RADIO NOSTALGIE SAS

Director · since 01 janvier 2025 · until 16 mai 2025

Represented by PIERRE TODESCHINI

Ended
BART DECOSTER

Director · since 20 mai 2022 · until 31 décembre 2024

Ended
BART DECOSTER

Director · since 20 mai 2022 · until 16 mai 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other09/04/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates17/08/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/08/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/07/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/06/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/07/2017
    DEMISSIONS, NOMINATIONS
    PDF

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 20254 M €↓
  2. 2024
    Annual accounts 20244,3 M €↑
  3. 2023
    Annual accounts 20234,1 M €↑
  4. 2022
    Annual accounts 20224,1 M €↓
  5. 2021
    Annual accounts 20214,8 M €↑
  6. 2020
    Annual accounts 20203,1 M €↓
  7. 2019
    Annual accounts 20193,6 M €↑
  8. 2017
    Annual accounts 20172,3 M €↑
  9. 2016
    Annual accounts 20161,8 M €↓
  10. 2015
    Annual accounts 20152 M €↑
  11. 2014
    Annual accounts 20141,7 M €↑
  12. 2013
    Annual accounts 20131,6 M €↑
  13. 2012
    Annual accounts 20121,5 M €↑
  14. 2011
    Annual accounts 20111,2 M €↑
  15. 2010
    Annual accounts 2010778 k €↑
  16. 2009
    Annual accounts 2009460,9 k €↓
  17. 2008
    Annual accounts 2008835,9 k €↓
  18. 2007
    Annual accounts 2007859,9 k €↑
  19. 2006
    Annual accounts 2006794,5 k €
  20. 19/12/1990
    IncorporationPublic limited company