ACTIVE

NORDLAND

Financial year 2025 · Closed on 31/12/2025

Net result323,3 k €-22,9 %over 1 year
Gross margin573,4 k €-23,0 %over 1 year
Equity657,1 k €+3,7 %over 1 year
Workforce1,6 ETP-11,1 %over 1 year

Identity

Source · BCE/KBO

NORDLAND is a Public limited company incorporated in 1991. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Wielsbeke. It employs on average 1,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0444.174.876
Incorporation
22/05/1991
Legal form
Public limited company
Registered office
Vlasstraat(S.B.V.) 13
8710 Wielsbeke · Flandre
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
1,6 ETP
Joint committees (2)
  • 209
  • 20900
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin573,4 k €744,9 k €497,8 k €500,2 k €229,1 k €
EBITDA415,2 k €557,7 k €342 k €325,7 k €32 k €
Operating result411,3 k €543 k €342,4 k €312,6 k €22,7 k €
Net result323,3 k €419,3 k €276,2 k €236,6 k €16,3 k €
Balance sheet
Equity657,1 k €633,9 k €614,6 k €588,4 k €551,8 k €
Total assets1,4 M €1,4 M €1,5 M €1,4 M €1,5 M €
Cash257,3 k €480,3 k €459,2 k €194,4 k €156,1 k €
Debts689,3 k €719 k €882,6 k €768,1 k €963,2 k €
Other
Workforce1,6 ETP1,8 ETP1,6 ETP1,8 ETP1,9 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 31/12/2025

2 active · 22 ended

Active mandates

AhieCon

Managing director · since 01 mars 2021 · until 01 mars 2027 · 0823.456.457

Represented by Herbert Vandaele

Active
MarOdin

Managing director · since 01 mars 2021 · until 01 mars 2027 · 0823.498.524

Represented by Alex Vanwolleghem

Active

Ended mandates

AhieCon

Managing director · since 01 mars 2021 · until 01 mars 2027 · 0823.456.457

Represented by Herbert VANDAELE

Ended
MarOdin

Managing director · since 01 mars 2021 · until 01 mars 2027 · 0823.498.524

Represented by Alex VANWOLLEGHEM

Ended
QVIT

Managing director · since 01 mars 2021 · until 18 janvier 2023 · 0690.894.772

Represented by Mattijs De Leersnyder

Ended
QVIT

Managing director · since 01 mars 2021 · until 01 mars 2027 · 0690.894.772

Represented by Mattijs DE LEERSNYDER

Ended

Other companies at this address

Vlasstraat(S.B.V.) 13 8710 Wielsbeke
CompanyCBE no.
BEDELEC● Active
0433.522.593
IMMO RUEDELYS● Active
0671.614.637
LYSAIR● Active
0413.858.418
LYSAIR INVEST● Active
0762.579.653
VIJVELYS● Active
0683.438.244

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date14/07/202629/08/202510/07/202402/10/202322/09/202221/09/2021
General meeting30/06/202629/08/202514/06/202425/09/202311/06/202211/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202614/07/2026DutchPDF
Abridged model31/12/202429/08/202529/08/2025DutchPDF
Abridged model31/12/202314/06/202410/07/2024DutchPDF
Abridged model31/12/202225/09/202302/10/2023DutchPDF
Abridged model31/12/202111/06/202222/09/2022DutchPDF
Abridged model31/12/202011/06/202121/09/2021DutchPDF
Abridged model31/12/201912/06/202023/10/2020DutchPDF
Abridged model31/12/201820/09/201909/10/2019DutchPDF
Abridged model31/12/201708/06/201821/09/2018DutchPDF
Abridged model31/12/201609/06/201724/08/2017DutchPDF
Abridged model31/12/201510/06/201615/07/2016DutchPDF
Abridged model31/12/201412/06/201514/07/2015DutchPDF
Abridged model31/12/201313/06/201428/08/2014DutchPDF
Abridged model31/12/201214/06/201309/09/2013DutchPDF
Abridged model31/12/201108/06/201219/07/2012DutchPDF
Abridged model31/12/201010/06/201130/09/2011DutchPDF
Abridged model31/12/200911/06/201012/07/2010DutchPDF
Abridged model31/12/200812/06/200912/09/2009DutchPDF
Abridged model31/12/200713/06/200824/09/2008DutchPDF
Abridged model31/12/200608/06/200728/06/2007DutchPDF

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 31/12/2025

2 active · 22 ended

Active mandates

AhieCon

Managing director · since 01 mars 2021 · until 01 mars 2027 · 0823.456.457

Represented by Herbert Vandaele

Active
MarOdin

Managing director · since 01 mars 2021 · until 01 mars 2027 · 0823.498.524

Represented by Alex Vanwolleghem

Active

Ended mandates

AhieCon

Managing director · since 01 mars 2021 · until 01 mars 2027 · 0823.456.457

Represented by Herbert VANDAELE

Ended
MarOdin

Managing director · since 01 mars 2021 · until 01 mars 2027 · 0823.498.524

Represented by Alex VANWOLLEGHEM

Ended
QVIT

Managing director · since 01 mars 2021 · until 18 janvier 2023 · 0690.894.772

Represented by Mattijs De Leersnyder

Ended
QVIT

Managing director · since 01 mars 2021 · until 01 mars 2027 · 0690.894.772

Represented by Mattijs DE LEERSNYDER

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares02/02/2021
    BENAMING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates21/11/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/11/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/02/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/09/2006
    BOEKJAAR - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/11/2003
    ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
    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 2025323,3 k €↓
  2. 2024
    Annual accounts 2024419,3 k €↑
  3. 2023
    Annual accounts 2023276,2 k €↑
  4. 2022
    Annual accounts 2022236,6 k €↑
  5. 2021
    Annual accounts 202116,3 k €↑
  6. 2020
    Annual accounts 2020-15,4 k €↓
  7. 2019
    Annual accounts 201971,1 k €↓
  8. 2018
    Annual accounts 2018128,7 k €↓
  9. 2017
    Annual accounts 2017147,7 k €↓
  10. 2016
    Annual accounts 2016211,8 k €↑
  11. 2015
    Annual accounts 2015-47,7 k €↓
  12. 2014
    Annual accounts 2014527,7 €↓
  13. 2013
    Annual accounts 2013105,6 k €↑
  14. 2012
    Annual accounts 201271,6 k €↓
  15. 2011
    Annual accounts 201181,6 k €↑
  16. 2010
    Annual accounts 201017,7 k €↓
  17. 2009
    Annual accounts 2009108 k €↓
  18. 2008
    Annual accounts 2008110,8 k €↑
  19. 2007
    Annual accounts 2007-10,5 k €↓
  20. 2006
    Annual accounts 20067,7 k €
  21. 22/05/1991
    IncorporationPublic limited company