ANDHERS
0448.548.388 · rovalta.com · 26/09/2026
ACTIVE
ANDHERS
Financial year 2025 · Closed on 31/12/2025
Net result34,7 M €+10,0 %over 1 year
Revenue10,1 M €+26,2 %over 1 year
Equity417,4 M €+3,9 %over 1 year
Workforce8,2 ETP-2,4 %over 1 year
Overview
Identity
Source · BCE/KBOANDHERS is a Public limited company incorporated in 1992. Its main activity is: Activities of holding companies. Its registered office is in Sint-Niklaas. It employs on average 8,2 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0448.548.388
- Incorporation
- 04/11/1992
- Legal form
- Public limited company
- Registered office
- Industriepark-West 40
9100 Sint-Niklaas · FlandreSee on map - Contributed capital
- 60 924 602,14 €
- Latest accounts
- 31/12/2025
- Average workforce
- 8,2 ETP
Activities (NACE)
Joint committees (3)
- 100
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue
Financials
Source · NBB, 41 filingsTrend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 10,1 M € | +26.2% | 8 M € | +21.2% | 6,6 M € | -65.3% | 19 M € | +11.3% | 17,1 M € |
| EBITDA | 508,8 k € | +41.0% | 360,8 k € | +68.2% | 214,5 k € | -88.2% | 1,8 M € | +37.6% | 1,3 M € |
| Operating result | 473,8 k € | +52.9% | 309,9 k € | +96.7% | 157,5 k € | -82.2% | 885,4 k € | +54.8% | 572 k € |
| Net result | 34,7 M € | +10.0% | 31,6 M € | -88.1% | 266 M € | +885% | 27 M € | +47.8% | 18,3 M € |
| Balance sheet | |||||||||
| Equity | 417,4 M € | +3.9% | 401,7 M € | +3.2% | 389,1 M € | +174% | 142,1 M € | +6.0% | 134,1 M € |
| Total assets | 518,5 M € | +2.7% | 505,1 M € | +10.7% | 456,5 M € | +132% | 196,3 M € | -4.0% | 204,4 M € |
| Cash | 6,3 M € | -15.3% | 7,4 M € | +12.7% | 6,6 M € | -34.3% | 10 M € | -78.0% | 45,3 M € |
| Debts | 100,9 M € | -2.2% | 103,2 M € | +53.6% | 67,2 M € | +24.4% | 54 M € | -22.9% | 70,1 M € |
| Other | |||||||||
| Workforce | 8,2 ETP | -2.4% | 8,4 ETP | -74.5% | 33,0 ETP | -30.2% | 47,3 ETP | -1.9% | 48,2 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 100 M€ and 250 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/202510 active · 82 ended
Active mandates
Active
Active
Active
Active
Active
Active
Active
Active
Active
Active
Other companies at this address
Industriepark-West 40 9100 Sint-Niklaas| Company | CBE no. |
|---|---|
Niko● Active | 0405.045.670 |
Niko Belgium● Active | 0448.615.694 |
Financials
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 | 08/06/2026 | 11/06/2025 | 13/06/2024 | 06/06/2023 | 30/05/2022 | 23/02/2022 |
| General meeting | 26/05/2026 | 26/05/2025 | 27/05/2024 | 30/05/2023 | 23/05/2022 | 25/05/2021 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 41 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 26/05/2026 | 08/06/2026 | Dutch | |
| Consolidated accounts | 31/12/2025 | 26/05/2026 | 08/06/2026 | Dutch | |
| Full model | 31/12/2024 | 26/05/2025 | 11/06/2025 | Dutch | |
| Consolidated accounts | 31/12/2024 | 26/05/2025 | 11/06/2025 | Dutch | |
| Full model | 31/12/2023 | 27/05/2024 | 13/06/2024 | Dutch | |
| Consolidated accounts | 31/12/2023 | 27/05/2024 | 13/06/2024 | Dutch | |
| Full model | 31/12/2022 | 30/05/2023 | 06/06/2023 | Dutch | |
| Consolidated accounts | 31/12/2022 | — | 06/06/2023 | Dutch | |
| Full model | 31/12/2021 | 23/05/2022 | 30/05/2022 | Dutch | |
| Consolidated accounts | 31/12/2021 | 23/05/2022 | 30/05/2022 | Dutch | |
| Full modelCorrection | 31/12/2020 | 25/05/2021 | 23/02/2022 | Dutch | |
| Full model | 31/12/2020 | 25/05/2021 | 16/06/2021 | Dutch | |
| Consolidated accounts | 31/12/2020 | 25/05/2021 | 16/06/2021 | Dutch | |
| Full model | 31/12/2019 | 25/05/2020 | 17/06/2020 | Dutch | |
| Consolidated accounts | 31/12/2019 | 25/05/2020 | 17/06/2020 | Dutch | |
| Full model | 31/12/2018 | 27/05/2019 | 20/06/2019 | Dutch | |
| Consolidated accounts | 31/12/2018 | 01/01/9999 | 21/06/2019 | Dutch | |
| Full model | 31/12/2017 | 28/05/2018 | 21/06/2018 | Dutch | |
| Consolidated accounts | 31/12/2017 | 28/05/2018 | 21/06/2018 | Dutch | |
| Full model | 31/12/2016 | 29/05/2017 | 15/06/2017 | Dutch | |
| Consolidated accounts | 31/12/2016 | 29/05/2017 | 21/06/2017 | Dutch | |
| Full model | 31/12/2015 | 23/05/2016 | 25/05/2016 | Dutch | |
| Consolidated accounts | 31/12/2015 | 23/05/2016 | 25/05/2016 | Dutch | |
| Full model | 31/12/2014 | 26/05/2015 | 05/06/2015 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 M€ and 250 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/202510 active · 82 ended
Active mandates
Active
Active
Active
Active
Active
Active
Active
Active
Active
Active
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Other03/07/2026—
- Mandates11/05/2026ONTSLAGEN - BENOEMINGEN
- Mandates16/06/2025ONTSLAGEN - BENOEMINGEN
- Mandates22/08/2024ONTSLAGEN - BENOEMINGEN
- Other23/01/2024DIVERSEN
- Other12/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
- Mandates09/11/2023ONTSLAGEN - BENOEMINGEN
- Mandates19/10/2023ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202534,7 M €↑
- 26/05/2025nominationRuben Verhoeven — bestuurder
- 26/05/2025nominationGeert Pauwels — bestuurder
- 2024Annual accounts 202431,6 M €↓
- 20/06/2024nominationSnofla nv — voorzitter van de raad van bestuur
- 27/05/2024nominationAlio Consilio BV — bestuurder
- 27/05/2024nominationFinmore BV — bestuurder
- 2024Name changeAndhers NV
- 2023Annual accounts 2023266 M €↑
- 30/05/2023reconductionSnofla NV — bestuurder
- 30/05/2023reconductionVHC3S NV — bestuurder
- 30/05/2023reconductionRen(jew BV — bestuurder
- 30/05/2023reconductionSP&J NV — bestuurder
- 30/05/2023reconductionP.O. Management BV — bestuurder
- 30/05/2023reconduction2B-Energy BV — bestuurder
- 30/05/2023reconductionDIHRConsult BV — bestuurder
- 30/05/2023reconductionEY : Bedrijfs-revisoren BV — commissaris voor verificatie van de geconsolideerde jaarrekening
- 30/05/2023apport
- 2023Name changeAndhers NV (voorheen Niko Group NV)
- 2022Annual accounts 202227 M €↑
- 2021Annual accounts 202118,3 M €↑
- 2020Annual accounts 202010,7 M €↑
- 2019Annual accounts 20197,3 M €↑
- 2018Annual accounts 2018-2,9 M €↑
- 2017Annual accounts 2017-6,7 M €↓
- 2016Annual accounts 20169,5 M €↓
- 2015Annual accounts 201512,7 M €↑
- 2014Annual accounts 20146,9 M €↑
- 2013Annual accounts 20135 M €↑
- 2012Annual accounts 2012959,7 k €↓
- 2011Annual accounts 201115,4 M €↑
- 2010Annual accounts 20101,6 M €↓
- 2009Annual accounts 200920,3 M €↑
- 2009Name changeNiko Group NV
- 2008Annual accounts 2008-2,5 M €
- 04/11/1992IncorporationPublic limited company