NORMAL SITUATION

N.S.O.

Company — Normal situation.

Financial year 2025 · Closed on 31/12/2025

Net result82,8 k €+0,2 %over 1 year
Gross margin1,6 M €-3,2 %over 1 year
Equity310,6 k €+36,3 %over 1 year
Workforce31,5 ETP-4,8 %over 1 year

Identity

Source · BCE/KBO

N.S.O. is a company registered in Belgium. It employs on average 31,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0450.390.893
Legal form
Public limited company
Contributed capital
68 200,00 €
Latest accounts
31/12/2025
Average workforce
31,5 ETP
Joint committees (5)
  • 121
  • 12100
  • 200
  • 20000
  • 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 34 filings

Trend over 17 financial years

20252024202320222021
Income statement
Gross margin1,6 M €1,6 M €1,4 M €1,6 M €1,7 M €
EBITDA110,9 k €111,1 k €92,9 k €111,6 k €129,7 k €
Operating result110,9 k €111,1 k €92,9 k €111,6 k €129,7 k €
Net result82,8 k €82,6 k €69,9 k €83,3 k €97 k €
Balance sheet
Equity310,6 k €227,9 k €145,3 k €158,3 k €172,9 k €
Total assets493,3 k €453,5 k €294,7 k €342,4 k €399,4 k €
Cash159,7 k €291 k €246,9 k €291,1 k €206,3 k €
Debts182,7 k €225,7 k €149,5 k €184,1 k €226,6 k €
Other
Workforce31,5 ETP33,1 ETP31,1 ETP36,8 ETP41,1 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 18 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
BEAUTIFUL LIFE SERVICES0789.255.742Represented by Gérard Jicquel
Director01/08/2025 → 09/06/2031
000
ISOR HOLDING0789.256.138Represented by Alexis Vitalis
Director01/08/2025 → 09/06/2031
00
MCSD0680.979.491Represented by Olivier Ghenne
Director01/08/2025 → 09/06/2031
0

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Petronella Van Der Molen
Director30/06/2022 → 12/06/2028
000
Wilhelmus Hozee
Director30/06/2022 → 12/06/2028
000
Petronella Van der Molen
Director13/06/2016 → 13/06/2022
000
Petronella Van Der Molen
Director13/06/2016 → 30/06/2022
000

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 date29/07/202601/07/202530/07/202431/08/202331/08/202223/08/2021
General meeting30/06/202610/06/202530/06/202430/06/202330/06/202230/06/2021
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, 34 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202629/07/2026FrenchPDF
Abridged model31/12/202410/06/202501/07/2025DutchPDF
Abridged model31/12/202330/06/202430/07/2024DutchPDF
Abridged model31/12/202230/06/202331/08/2023DutchPDF
Abridged model31/12/202130/06/202231/08/2022DutchPDF
Abridged model31/12/202030/06/202123/08/2021DutchPDF
Abridged model31/12/201930/06/202016/10/2020DutchPDF
Abridged model31/12/201828/06/201921/08/2019DutchPDF
Abridged model31/12/201711/06/201825/06/2018DutchPDF
Abridged model31/12/201612/06/201712/07/2017DutchPDF
Abridged model31/12/201513/06/201625/07/2016DutchPDF
Abridged model31/12/201408/06/201530/06/2015DutchPDF
Abridged model31/12/201310/06/201424/06/2014DutchPDF
Abridged model31/12/201202/05/201331/05/2013DutchPDF
Abridged model31/12/201111/06/201221/08/2012DutchPDF
Abridged model31/12/201014/06/201105/07/2011DutchPDF
Abridged model31/12/200929/06/201029/07/2010DutchPDF
Abridged model31/12/200830/06/200929/07/2009DutchPDF
Abridged model31/12/200730/06/200829/07/2008DutchPDF
Abridged modelCorrection31/12/200611/06/200725/07/2007DutchPDF
Abridged model31/12/200611/06/200713/06/2007DutchPDF
Abridged model31/12/200530/06/200627/07/2006DutchPDF
Abridged model31/12/200413/06/200527/06/2005DutchPDF
Abridged model31/12/200314/06/200408/07/2004DutchPDF
Abridged model31/12/200210/06/200306/08/2003DutchPDF
Abridged model31/12/200110/06/200228/06/2002DutchPDF
Abridged model31/12/200011/06/200113/08/2001DutchPDF
Abridged model31/12/199928/09/200017/10/2000DutchPDF
Abridged modelCorrection31/12/199828/09/200017/10/2000DutchPDF
Abridged model31/12/199830/11/199917/01/2000DutchPDF
Abridged model31/12/199710/05/199817/02/1999DutchPDF
Abridged model31/12/199609/06/199709/09/1997Dutch—
Abridged model31/12/199510/06/199618/06/1996Dutch—
Abridged model31/12/199412/06/199528/07/1995Dutch—

Indicative valuation

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

3 active · 18 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
BEAUTIFUL LIFE SERVICES0789.255.742Represented by Gérard Jicquel
Director01/08/2025 → 09/06/2031
000
ISOR HOLDING0789.256.138Represented by Alexis Vitalis
Director01/08/2025 → 09/06/2031
00
MCSD0680.979.491Represented by Olivier Ghenne
Director01/08/2025 → 09/06/2031
0

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Petronella Van Der Molen
Director30/06/2022 → 12/06/2028
000
Wilhelmus Hozee
Director30/06/2022 → 12/06/2028
000
Petronella Van der Molen
Director13/06/2016 → 13/06/2022
000
Petronella Van Der Molen
Director13/06/2016 → 30/06/2022
000

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring10/03/2026
    VERRICHTING GELIJKGESTELD MET EEN FUSIE DOOR OVERNEMING
    PDF
  • Restructuring09/12/2025
    Neerlegging fusievoorstel inzake de met fusie door overneming
    PDF
  • Mandates03/10/2025
    Vrijwillig ontslag bestuurders - Benoeming bestuurders - Verkiaring
    PDF
  • Registered office09/07/2025
    Zetelverplaatsing - Volmacht
    PDF
  • Mandates26/05/2025
    herbenoeming bestuurders
    PDF
  • Mandates09/08/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/07/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/12/2010
    ONTSLAGEN - BENOEMINGEN
    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 202582,8 k €↑
  2. 2024
    Annual accounts 202482,6 k €↑
  3. 2023
    Annual accounts 202369,9 k €↓
  4. 2022
    Annual accounts 202283,3 k €↓
  5. 2021
    Annual accounts 202197 k €↑
  6. 2019
    Annual accounts 201994,5 k €↑
  7. 2018
    Annual accounts 201892,2 k €↑
  8. 2017
    Annual accounts 201764,6 k €↓
  9. 2016
    Annual accounts 201673,3 k €↑
  10. 2015
    Annual accounts 201565,7 k €↑
  11. 2014
    Annual accounts 201445,9 k €↑
  12. 2013
    Annual accounts 201336,6 k €↑
  13. 2012
    Annual accounts 201234,1 k €↑
  14. 2011
    Annual accounts 201130,6 k €↓
  15. 2010
    Annual accounts 2010424,4 k €↑
  16. 2007
    Annual accounts 20075,1 k €↓
  17. 2006
    Annual accounts 200650,3 k €

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Sterlingerstraat 19, 2140 Borgerhout (Antwerp)
accounts 2024 → 2025
Accounts 2025 · 2026-00350324
Alice Nahonlei 44, 2900 Schoten
accounts 2021 → 2023
Accounts 2023 · 2024-00328500

Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.