ACTIVE

NorthgateArinso Belgium

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Financial year 2024 · Closed on 31/12/2024

Net result
-7,1 M €
-8,0 %over 1 year
Revenue
34,2 M €
+8,2 %over 1 year
Equity
9,3 M €
-43,2 %over 1 year
Workforce
96,0 ETP
-3,0 %over 1 year

Identity

Source · BCE/KBO

NorthgateArinso Belgium is a Private limited company incorporated in 1994. Its registered office is in Anderlecht. It employs on average 96,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0452.457.785
Incorporation
14/04/1994
Legal form
Private limited company
Registered office
Route de Lennik 451
1070 Anderlecht · BruxellesSee on map
Contributed capital
67 807 172,00 €
Latest accounts
31/12/2024
Average workforce
96,0 ETP
Joint committees (3)
  • 200
  • 2000
  • 218
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 11 financial years

20242023202220212017
Income statement
Revenue34,2 M €31,6 M €36,5 M €64,1 M €57,8 M €
EBITDA-5,3 M €-11,3 M €-7,7 M €-16,7 M €5,8 M €
Operating result-5,6 M €-12,7 M €-6,6 M €-17,7 M €1,3 M €
Net result-7,1 M €-6,6 M €-7,6 M €-17,4 M €2,4 M €
Balance sheet
Equity9,3 M €16,4 M €-7,9 M €-302 k €124,6 M €
Total assets42,5 M €40,4 M €40,3 M €39 M €161,9 M €
Cash760,2 k €508,2 k €631,2 k €217,2 k €1,4 M €
Debts30,6 M €20,4 M €44,1 M €33,3 M €35 M €
Other
Workforce96,0 ETP99,0 ETP97,2 ETP93,7 ETP120,2 ETP

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 31/12/2024

3 active · 32 ended

Active mandates

Chérine Nasri

Director · since 24 juillet 2025

Active
Jamie Barker

Director · since 21 mars 2025

Active
Simon Murden

Director · since 21 mars 2025

Active

Ended mandates

Simon Murdon

Director · since 21 mars 2025

Ended
Gillian Nolan

Director · since 26 juin 2020

Ended
Mohamed Allach

Director · since 26 juin 2020

Ended
Gillian NOLAN

Director · since 22 mai 2020 · until 30 juin 2026

Ended

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Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/05/202001/05/201901/05/2018
Closing of the financial year31/12/202431/12/202331/12/202231/12/202130/04/202030/04/2019
Length of the financial year12 months12 months12 months20 months12 months12 months
Filing date01/06/202606/11/202515/04/202530/03/202326/04/202119/08/2020
General meeting01/06/202631/10/202510/04/202528/03/202321/04/202117/08/2020
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202401/06/202601/06/2026DutchPDF
Full model31/12/202331/10/202506/11/2025DutchPDF
Full model31/12/202210/04/202515/04/2025DutchPDF
Consolidated accounts31/12/202201/03/202322/06/2023DutchPDF
Full model31/12/202128/03/202330/03/2023DutchPDF
Full model30/04/202021/04/202126/04/2021DutchPDF
Full model30/04/201917/08/202019/08/2020DutchPDF
Full model30/04/201810/07/202011/07/2020DutchPDF
Full model30/04/201726/06/201910/07/2019DutchPDF
Full model30/04/201601/09/201729/09/2017DutchPDF
Full model30/04/201509/09/201612/09/2016DutchPDF
Full model30/04/201425/04/201625/04/2016DutchPDF
Full model30/04/201324/02/201426/02/2014DutchPDF
Full model30/04/201215/11/201221/12/2012DutchPDF
Full model30/04/201131/10/201115/12/2011DutchPDF
Full model30/04/201031/10/201001/12/2010DutchPDF
Full model30/04/200931/10/200901/12/2009DutchPDF
Full model30/04/200812/09/200808/10/2008DutchPDF
Full model31/12/200627/04/200705/09/2007DutchPDF
Consolidated accounts31/12/200627/04/200706/09/2007DutchPDF

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 31/12/2024

3 active · 32 ended

Active mandates

Chérine Nasri

Director · since 24 juillet 2025

Active
Jamie Barker

Director · since 21 mars 2025

Active
Simon Murden

Director · since 21 mars 2025

Active

Ended mandates

Simon Murdon

Director · since 21 mars 2025

Ended
Gillian Nolan

Director · since 26 juin 2020

Ended
Mohamed Allach

Director · since 26 juin 2020

Ended
Gillian NOLAN

Director · since 22 mai 2020 · until 30 juin 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/08/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares13/06/2023
    KAPITAAL - AANDELEN
    PDF
  • Other31/05/2021
    DIVERSEN
    PDF
  • Capital / shares19/11/2020
    KAPITAAL - AANDELEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 24/07/2025
    nominationChérine Nasri — bestuurder
  2. 21/03/2025
    nominationJamie Howard Barker — bestuurder
  3. 21/03/2025
    nominationSimon James Murden — bestuurder
  4. 2024
    Annual accounts 2024-7,1 M €↓
  5. 2023
    Annual accounts 2023-6,6 M €↑
  6. 15/06/2023
    reconductionRSM INTERAUDIT — commissaris
  7. 15/06/2023
    nominationInge Saeys — vertegenwoordiger van de commissaris
  8. 05/06/2023
    apport
  9. 2022
    Annual accounts 2022-7,6 M €↑
  10. 2021
    Annual accounts 2021-17,4 M €↓
  11. 2017
    Annual accounts 20172,4 M €↑
  12. 2013
    Annual accounts 2013-345,5 k €↓
  13. 2012
    Annual accounts 20121,1 M €↑
  14. 2011
    Annual accounts 2011430,5 k €↑
  15. 2010
    Annual accounts 2010-341,5 k €↓
  16. 2008
    Annual accounts 200859,8 M €↑
  17. 2006
    Annual accounts 2006-1,3 M €
  18. 14/04/1994
    IncorporationPrivate limited company