ACTIVE

GROUP NIVELLES

Financial year 2025 · closed on 31/12/2025
Net result
-391,9 k €
-1321.4% YoY
Gross margin
2,5 M €
-8.9% YoY
Equity
2,3 M €
-14.8% YoY
Workforce
34,3 ETP
+8.2% YoY

What does GROUP NIVELLES do?

GROUP NIVELLES is a Public limited company incorporated in 1994. Its registered office is in Gingelom. It employs on average 34,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0451.958.533
Incorporation
21/01/1994
Legal form
Public limited company
Registered office
Ambachtsweg 14
3890 Gingelom · FlandreSee on map
Contributed capital
195 677,00 €
Latest accounts
31/12/2025
Average workforce
34,3 ETP
Joint committees (4)
  • 126
  • 12600
  • 200
  • 218
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212018201520142013201220112009200820072006
Income statement
Gross margin2,5 M €2,8 M €3,2 M €3 M €3,1 M €2,8 M €2,4 M €2,4 M €2,3 M €941,2 k €932,5 k €977 k €783,4 k €
EBITDA443,5 k €874,3 k €1,1 M €861,1 k €1 M €714,5 k €686 k €824,3 k €391 k €607,9 k €846 k €256,1 k €223,5 k €316,1 k €211,6 k €
Operating result-262,5 k €165,8 k €510,5 k €261,9 k €390,5 k €321 k €353,7 k €597,1 k €225,5 k €439,6 k €561,7 k €76,8 k €7,2 k €63,2 k €20,8 k €
Net result-391,9 k €32,1 k €349,8 k €142,7 k €252,4 k €231 k €1,1 M €342,5 k €202,7 k €310,4 k €382,3 k €30,2 k €-544 €46,1 k €19,3 k €
Balance sheet
Equity2,3 M €2,7 M €2,7 M €2,6 M €4 M €3,5 M €3 M €2 M €1,8 M €1,6 M €1,3 M €329,1 k €298,8 k €299,4 k €253,3 k €
Total assets5,6 M €6 M €6,6 M €8,3 M €8,3 M €8,8 M €5 M €3,8 M €5,1 M €3,9 M €3,5 M €1,5 M €1,5 M €1,6 M €1,4 M €
Cash141,9 k €293,1 k €632,8 k €147,2 k €301,4 k €151,7 k €1,1 M €717,6 k €604,9 k €231,9 k €586,4 k €72,5 k €40,7 k €25,7 k €94,2 k €
Debts3,2 M €3,3 M €3,9 M €5,6 M €4,2 M €5,3 M €1,8 M €1,7 M €3,1 M €2,2 M €2 M €1,1 M €1,2 M €1,3 M €1,1 M €
Other
Workforce34,3 ETP31,7 ETP39,0 ETP42,6 ETP44,0 ETP44,7 ETP35,6 ETP35,2 ETP39,1 ETP40,4 ETP38,5 ETP17,8 ETP17,9 ETP17,7 ETP16,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 42 ended

Active mandates

SIBO

Director · 0769.459.725

Represented by Thibaut Nivelles

Active
VICTOR

Managing director · 0896.106.883

Represented by Bart Nivelles

Active

Ended mandates

SIBO

Director · since 23 décembre 2024 · 0769.459.725

Represented by Nivelles THIBAUT

Ended
MITH

Director · since 01 avril 2020 · until 30 juin 2025 · 0657.984.553

Represented by Thibaut NIVELLES

Ended
MITH

Director · since 01 avril 2020 · until 23 décembre 2024 · 0657.984.553

Represented by Nivelles THIBAUT

Ended
MITH

Director · since 01 avril 2020 · until 30 juin 2025 · 0657.984.553

Represented by Thibaut NIVELLES

Ended
At this address

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Homelab InvestActive
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TEMENOSActive
0845.057.664
VICTORActive
0896.106.883
Annual accounts

Full financial information

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 date26/06/202605/06/202510/06/202429/06/202311/07/202206/08/2021
General meeting26/06/202603/06/202510/06/202428/06/202330/06/202204/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202626/06/2026DutchPDF
Abridged model31/12/202403/06/202505/06/2025DutchPDF
Abridged model31/12/202310/06/202410/06/2024DutchPDF
Abridged model31/12/202228/06/202329/06/2023DutchPDF
Abridged model31/12/202130/06/202211/07/2022DutchPDF
Abridged model31/12/202004/08/202106/08/2021DutchPDF
Abridged model31/12/201910/09/202009/10/2020DutchPDF
Abridged model31/12/201821/06/201928/06/2019DutchPDF
Full model31/12/201729/06/201831/07/2018DutchPDF
Full model31/12/201630/06/201728/07/2017DutchPDF
Full model31/12/201530/06/201605/08/2016DutchPDF
Full model31/12/201416/02/201527/08/2015DutchPDF
Abridged model31/12/201317/02/201429/08/2014DutchPDF
Abridged model31/12/201204/10/201314/10/2013DutchPDF
Abridged model31/12/201104/06/201209/10/2012DutchPDF
Abridged model31/12/201010/06/201126/08/2011DutchPDF
Abridged model31/12/200905/06/201027/08/2010DutchPDF
Abridged model31/12/200805/06/200923/08/2009DutchPDF
Abridged model31/12/200706/06/200827/08/2008DutchPDF
Abridged modelCorrection31/12/200601/06/200727/08/2008DutchPDF
Abridged model31/12/200601/06/200730/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 42 ended

Active mandates

SIBO

Director · 0769.459.725

Represented by Thibaut Nivelles

Active
VICTOR

Managing director · 0896.106.883

Represented by Bart Nivelles

Active

Ended mandates

SIBO

Director · since 23 décembre 2024 · 0769.459.725

Represented by Nivelles THIBAUT

Ended
MITH

Director · since 01 avril 2020 · until 30 juin 2025 · 0657.984.553

Represented by Thibaut NIVELLES

Ended
MITH

Director · since 01 avril 2020 · until 23 décembre 2024 · 0657.984.553

Represented by Nivelles THIBAUT

Ended
MITH

Director · since 01 avril 2020 · until 30 juin 2025 · 0657.984.553

Represented by Thibaut NIVELLES

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/12/2017
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates13/03/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/04/2016
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 2025-391,9 k €
  2. 2024
    Annual accounts 202432,1 k €
  3. 2023
    Annual accounts 2023349,8 k €
  4. 2022
    Annual accounts 2022142,7 k €
  5. 2021
    Annual accounts 2021252,4 k €
  6. 2018
    Annual accounts 2018231 k €
  7. 2015
    Annual accounts 20151,1 M €
  8. 2014
    Annual accounts 2014342,5 k €
  9. 2013
    Annual accounts 2013202,7 k €
  10. 2012
    Annual accounts 2012310,4 k €
  11. 2011
    Annual accounts 2011382,3 k €
  12. 2009
    Annual accounts 200930,2 k €
  13. 2009
    Name changeGroup Nivelles
  14. 2008
    Annual accounts 2008-544 €
  15. 2007
    Annual accounts 200746,1 k €
  16. 2006
    Annual accounts 200619,3 k €
  17. 2006
    Name changeASSENTI
  18. 21/01/1994
    IncorporationPublic limited company