ACTIVE

NIRTAC

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Financial year 2025 · closed on 30/06/2025

Net result

155,3 k €

+178.3% YoY

Gross margin

480,4 k €

+35.7% YoY

Equity

427,6 k €

+57.0% YoY

What does NIRTAC do?

NIRTAC is a Private limited company incorporated in 1992. Its main activity is: Management consultancy activities. Its registered office is in Durbuy.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.660.344

Incorporation

18/06/1992

Legal form

Private limited company

Registered office

Bohon 9
6940 Durbuy · WallonieSee on map

Contributed capital

26 229,76 €

Latest accounts

30/06/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 73110Advertising agencies 73110Advertising agencies 74401Other professional, scientific and technical activities 70200Management consultancy activities

Joint committees (1)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	480,4 k €	+35.7%	353,9 k €	+6.2%	333,3 k €	+23.9%	269 k €	+36.6%	196,8 k €	+0.1%	196,7 k €	+47.0%	133,8 k €	+22.5%	109,2 k €	+2.7%	106,3 k €	+22.7%	86,6 k €	+123%	38,9 k €	-3.4%	40,2 k €	-34.3%	61,2 k €	+5.2%	58,2 k €	+123%	26,1 k €	+19.5%	21,8 k €	+0.1%	21,8 k €	-2.5%	22,4 k €	-8.9%	24,5 k €
EBITDA	412 k €	+59.5%	258,4 k €	-2.3%	264,3 k €	+31.3%	201,3 k €	+19.6%	168,3 k €	+5.3%	159,8 k €	+73.9%	91,9 k €	+28.9%	71,3 k €	+6.5%	66,9 k €	-5.0%	70,5 k €	+128%	30,9 k €	-5.6%	32,8 k €	-39.4%	54,1 k €	+2.7%	52,6 k €	+143%	21,7 k €	+52.9%	14,2 k €	-18.3%	17,4 k €	-4.4%	18,2 k €	-12.2%	20,7 k €
Operating result	252,4 k €	+126%	111,9 k €	-11.5%	126,5 k €	+22.6%	103,1 k €	+6.9%	96,5 k €	-2.2%	98,6 k €	+205%	32,4 k €	+48.4%	21,8 k €	+4.8%	20,8 k €	-35.3%	32,2 k €	+499%	-8,1 k €	-209%	-2,6 k €	-113%	20,2 k €	-5.6%	21,4 k €	+75.7%	12,2 k €	+103%	6 k €	-33.3%	9 k €	-9.2%	9,9 k €	-4.3%	10,4 k €
Net result	155,3 k €	+178%	55,8 k €	-38.9%	91,3 k €	+65.4%	55,2 k €	+16.1%	47,5 k €	+268%	12,9 k €	+291%	3,3 k €	+696%	415,7 €	-89.9%	4,1 k €	-75.8%	17 k €	+336%	-7,2 k €	-205%	6,9 k €	+2303%	286,3 €	-84.2%	1,8 k €	-47.2%	3,4 k €	+117%	-19,6 k €	-1001%	-1,8 k €	-85.0%	-964,2 €	-329%	-224,6 €
Balance sheet
Equity	427,6 k €	+57.0%	272,3 k €	+25.8%	216,5 k €	+72.8%	125,3 k €	+78.7%	70,1 k €	+211%	22,6 k €	+14.9%	19,6 k €	+20.3%	16,3 k €	+2.6%	15,9 k €	+34.8%	11,8 k €	+328%	-5,2 k €	-356%	2 k €	+142%	-4,9 k €	+5.6%	-5,1 k €	+26.0%	-6,9 k €	+33.0%	-10,4 k €	-212%	9,3 k €	-16.1%	11 k €	-8.0%	12 k €
Total assets	1,9 M €	+13.5%	1,6 M €	-3.8%	1,7 M €	+8.7%	1,6 M €	+63.9%	961,8 k €	+19.9%	802,4 k €	+4.1%	770,7 k €	+31.7%	585,3 k €	+3.9%	563,1 k €	+10.8%	508 k €	-3.3%	525,4 k €	+7.7%	487,8 k €	+6.6%	457,4 k €	+0.7%	454,2 k €	+128%	198,9 k €	+3.2%	192,8 k €	+5.0%	183,5 k €	-10.2%	204,3 k €	-0.6%	205,5 k €
Cash	36,7 k €	-62.4%	97,7 k €	+18.9%	82,1 k €	+105%	40 k €	+165%	15,1 k €	+697%	1,9 k €	+24752%	7,6 €	-99.7%	2,4 k €	-85.3%	16,6 k €	+54.5%	10,7 k €	-53.4%	23 k €	+112%	10,9 k €	+167%	4,1 k €	-38.9%	6,6 k €	+158%	2,6 k €	+890%	260,3 €	+203%	85,9 €	0.0%	85,9 €	-8.5%	93,9 €
Debts	1,4 M €	+4.9%	1,4 M €	-8.0%	1,5 M €	+3.1%	1,5 M €	+62.7%	891,7 k €	+14.3%	779,9 k €	+3.8%	751 k €	+32.0%	568,9 k €	+4.0%	547,2 k €	+10.3%	496,2 k €	-6.4%	529,9 k €	+9.3%	485 k €	+5.1%	461,5 k €	+0.6%	458,8 k €	+124%	204,7 k €	+1.5%	201,7 k €	+17.5%	171,7 k €	-9.9%	190,5 k €	-0.1%	190,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		0,7 ETP		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 3 ended

Active mandates

Emmanuel BERTRAND

Administrator - manager

Active

Ended mandates

Emanuel Bertrand

Manager · since 01 juin 1992

Ended

Emmanuel BERTRAND

Manager · since 01 juin 1992

Ended

Emmanuel BERTRAND

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/01/2026	07/02/2025	19/02/2024	10/02/2023	28/01/2022	05/01/2021
General meeting	29/01/2026	24/01/2025	04/11/2023	05/11/2022	06/11/2021	07/11/2020
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	29/01/2026	29/01/2026	French	PDF
Micro model	30/06/2024	24/01/2025	07/02/2025	French	PDF
Micro model	30/06/2023	04/11/2023	19/02/2024	French	PDF
Micro model	30/06/2022	05/11/2022	10/02/2023	French	PDF
Micro model	30/06/2021	06/11/2021	28/01/2022	French	PDF
Micro model	30/06/2020	07/11/2020	05/01/2021	French	PDF
Micro model	30/06/2019	02/11/2019	21/01/2020	French	PDF
Micro model	30/06/2018	03/11/2018	04/01/2019	French	PDF
Micro model	30/06/2017	04/11/2017	08/11/2017	French	PDF
Abridged model	30/06/2016	05/11/2016	21/12/2016	French	PDF
Abridged model	30/06/2015	07/11/2015	18/12/2015	French	PDF
Abridged model	30/06/2014	19/12/2014	16/01/2015	French	PDF
Abridged model	30/06/2013	02/11/2013	17/12/2013	French	PDF
Abridged model	30/06/2012	03/11/2012	08/01/2013	French	PDF
Abridged model	30/06/2011	05/11/2011	14/12/2011	French	PDF
Abridged model	30/06/2010	06/11/2010	15/11/2010	French	PDF
Abridged modelCorrection	30/06/2009	04/03/2010	08/03/2010	French	PDF
Abridged model	30/06/2009	07/11/2009	16/11/2009	French	PDF
Abridged model	30/06/2008	03/11/2008	04/11/2008	French	PDF
Abridged model	30/06/2007	03/11/2007	09/11/2007	French	PDF
Abridged model	30/06/2006	09/12/2006	08/01/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 30/06/2025 · 1 active · 3 ended

Active mandates

Emmanuel BERTRAND

Administrator - manager

Active

Ended mandates

Emanuel Bertrand

Manager · since 01 juin 1992

Ended

Emmanuel BERTRAND

Manager · since 01 juin 1992

Ended

Emmanuel BERTRAND

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office18/08/2025
SIEGE SOCIAL
PDF
Mandates27/07/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Other05/01/2018
OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office18/01/2012
SIEGE SOCIAL
PDF
Registered office17/06/2011
SIEGE SOCIAL
PDF
Capital / shares07/07/2005
CAPITAL, ACTIONS - ANNEE COMPTABLE - DIVERS
PDF
Mandates09/09/2003
DEMISSIONS, NOMINATIONS
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 2025155,3 k €↑
2024
Annual accounts 202455,8 k €↓
2023
Annual accounts 202391,3 k €↑
2023
Name changenirtNIRTAC
2022
Annual accounts 202255,2 k €↑
2022
Name changeNIRTAC
2021
Annual accounts 202147,5 k €↑
2020
Annual accounts 202012,9 k €↑
2019
Annual accounts 20193,3 k €↑
2018
Annual accounts 2018415,7 €↓
2017
Annual accounts 20174,1 k €↓
2016
Annual accounts 201617 k €↑
2015
Annual accounts 2015-7,2 k €↓
2014
Annual accounts 20146,9 k €↑
2013
Annual accounts 2013286,3 €↓
2012
Annual accounts 20121,8 k €↓
2011
Annual accounts 20113,4 k €↑
2010
Annual accounts 2010-19,6 k €↓
2009
Annual accounts 2009-1,8 k €↓
2008
Annual accounts 2008-964,2 €↓
2007
Annual accounts 2007-224,6 €
18/06/1992
IncorporationPrivate 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

NIRTAC

Overview

What does NIRTAC do?

Trend over 19 financial years

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