ACTIVE

NITRACO

Financial year 2026 · Closed on 31/03/2026

Net result252,5 k €0,0 %over 1 year

Revenue3,5 M €+1,7 %over 1 year

Equity1,9 M €0,0 %over 1 year

Identity

Source · BCE/KBO

NITRACO is a Public limited company incorporated in 1993. Its main activity is: Construction of utility projects for electricity and telecommunications. Its registered office is in Olen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0450.334.376
Incorporation: 14/06/1993
Legal form: Public limited company
Registered office: Lammerdries-Oost 29
2250 Olen · FlandreSee on map
Contributed capital: 1 683 000,00 €
Latest accounts: 31/03/2026

Activities (NACE)

42220Construction of utility projects for electricity and telecommunications· main 42220Construction of utility projects for electricity and telecommunications 45215Maintenance and repair of motor vehicles 71320Architectural and engineering activities; technical testing and analysis 77320Rental and leasing of construction and civil engineering machinery and equipment 77320Rental and leasing of construction and civil engineering machinery and equipment

Signals

ProfitablePositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2026		2025		2024		2023		2022
Income statement
Revenue	3,5 M €	+1.7%	3,5 M €	+0.3%	3,4 M €	+0.2%	3,4 M €	+0.1%	3,4 M €
EBITDA	2,6 M €	-0.4%	2,6 M €	-1.3%	2,7 M €	-0.4%	2,7 M €	-0.4%	2,7 M €
Operating result	391,5 k €	-2.9%	403 k €	-2.9%	414,9 k €	-2.7%	426,4 k €	-2.4%	436,8 k €
Net result	252,5 k €	0.0%	252,5 k €	0.0%	252,5 k €	0.0%	252,5 k €	0.0%	252,5 k €
Balance sheet
Equity	1,9 M €	0.0%	1,9 M €	0.0%	1,9 M €	0.0%	1,9 M €	0.0%	1,9 M €
Total assets	24 M €	-6.8%	25,8 M €	-7.1%	27,8 M €	-6.9%	29,8 M €	-6.9%	32 M €
Cash	451,4 k €	+109%	215,7 k €	-30.1%	308,5 k €	+248%	88,8 k €	+52.5%	58,2 k €
Debts	22,2 M €	-7.3%	23,9 M €	-7.6%	25,9 M €	-7.4%	28 M €	-7.3%	30,2 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/03/2026

5 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Rob Wattelé	Director06/10/2025 → 06/08/2029
Hakim Boutkabout	Director27/05/2025 → 06/08/2029
Joren Maetens	Director27/05/2025 → 06/08/2029
Johan Desmet	Director19/06/2014 → 06/08/2029
Koen Stevens	Director01/01/2020 → 06/08/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Gert Van De Weghe	Director07/08/2023 → 2025 accounts
Michel Leyseele	Director07/08/2023 → 2025 accounts

Other companies at this address

Lammerdries-Oost 29 2250 Olen

Company	CBE no.
Antwerpse Chemische Bedrijven● Active	0403.707.862
Nippon Sanso Belgium● Active	0438.719.221

Full financial information

Source · NBB

	2026	2025	2024	2023	2022	2021
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/03/2026	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/08/2026	11/08/2025	12/08/2024	28/08/2023	27/09/2022	24/08/2021
General meeting	03/08/2026	04/08/2025	05/08/2024	07/08/2023	02/09/2022	02/08/2021
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 · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/03/2026	03/08/2026	17/08/2026	Dutch	PDF
Full model	31/03/2025	04/08/2025	11/08/2025	Dutch	PDF
Full model	31/03/2024	05/08/2024	12/08/2024	Dutch	PDF
Full model	31/03/2023	07/08/2023	28/08/2023	Dutch	PDF
Full model	31/03/2022	02/09/2022	27/09/2022	Dutch	PDF
Full model	31/03/2021	02/08/2021	24/08/2021	Dutch	PDF
Full model	31/03/2020	03/08/2020	04/09/2020	Dutch	PDF
Full model	31/03/2019	05/08/2019	07/08/2019	Dutch	PDF
Full model	31/12/2017	11/05/2018	21/06/2018	Dutch	PDF
Full model	31/12/2016	12/05/2017	28/06/2017	Dutch	PDF
Full model	31/12/2015	02/05/2016	17/05/2016	Dutch	PDF
Full model	31/12/2014	04/05/2015	01/06/2015	Dutch	PDF
Full model	31/12/2013	19/06/2014	27/06/2014	Dutch	PDF
Full model	31/12/2012	20/06/2013	03/07/2013	Dutch	PDF
Full model	31/12/2011	21/06/2012	09/07/2012	Dutch	PDF
Full model	31/12/2010	16/06/2011	11/07/2011	Dutch	PDF
Full model	31/12/2009	17/06/2010	01/07/2010	Dutch	PDF
Full model	31/12/2008	18/06/2009	23/06/2009	Dutch	PDF
Full model	31/12/2007	19/06/2008	24/06/2008	Dutch	PDF
Full model	31/12/2006	21/06/2007	10/07/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/03/2026

5 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Rob Wattelé	Director06/10/2025 → 06/08/2029
Hakim Boutkabout	Director27/05/2025 → 06/08/2029
Joren Maetens	Director27/05/2025 → 06/08/2029
Johan Desmet	Director19/06/2014 → 06/08/2029
Koen Stevens	Director01/01/2020 → 06/08/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Gert Van De Weghe	Director07/08/2023 → 2025 accounts
Michel Leyseele	Director07/08/2023 → 2025 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates01/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/08/2025
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other02/01/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates04/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/01/2021
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Rob Wattelé

Joren Maetens

Hakim Boutkabout

Johan Desmet

Koen Stevens

Gert Van De Weghe

Michel Leyseele

Guy De Schrijver

Koen Janssen

Erik Rijssens

Veerle Slenders

Pierre Donck

Show the other mandate

1993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

NITRACO

Lammerdries-Oost 29, 2250 OlenMETROPOOLSTRAAT 17, 2900 Schoten

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Lammerdries-Oost 29, 2250 OlenCurrent	accounts 2025 → 2026	Accounts 2026 · 2026-00408174
METROPOOLSTRAAT 17, 2900 Schoten	accounts 2022 → 2024	Accounts 2024 · 2024-00344880

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
NITRACOCurrent	accounts 2022 → 2026	Accounts 2026 · 2026-00408174

Events

2026
Annual accounts 2026252,5 k €↑
2025
Annual accounts 2025252,5 k €↑
2024
Annual accounts 2024252,5 k €↑
2023
Annual accounts 2023252,5 k €↑
2022
Annual accounts 2022252,5 k €↑
2021
Annual accounts 2021252,5 k €↑
2020
Annual accounts 2020227,9 k €↓
2019
Annual accounts 2019284,1 k €↑
2017
Annual accounts 2017214,5 k €↓
2016
Annual accounts 2016229,3 k €↓
2015
Annual accounts 2015232,4 k €↓
2014
Annual accounts 2014238,6 k €↓
2013
Annual accounts 2013239,1 k €↓
2012
Annual accounts 2012240,6 k €↓
2011
Annual accounts 2011243,1 k €↓
2010
Annual accounts 2010245,2 k €↓
2009
Annual accounts 2009249,1 k €↑
2008
Annual accounts 2008247,9 k €↑
2007
Annual accounts 2007244,6 k €
14/06/1993
IncorporationPublic limited company

NITRACO

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events