ACTIVE

NICOLAI EN PARTNERS, RAADGEVENDE ACTUARISSEN

Financial year 2025 · Closed on 31/12/2025

Net result113,1 k €+11,3 %over 1 year

Gross margin188,2 k €+13,6 %over 1 year

Equity991,1 k €+12,9 %over 1 year

Identity

Source · BCE/KBO

NICOLAI EN PARTNERS, RAADGEVENDE ACTUARISSEN is a Public limited company incorporated in 1994. Its main activity is: Management consultancy activities. Its registered office is in Antwerpen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0452.911.806
Incorporation: 01/07/1994
Legal form: Public limited company
Registered office: Duboisstraat 43
2060 Antwerpen · FlandreSee on map
Contributed capital: 144 800,00 €
Latest accounts: 31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	188,2 k €	+13.6%	165,7 k €	-1.0%	167,3 k €	-3.3%	173 k €	+27.5%	135,8 k €
EBITDA	187,8 k €	+13.8%	165,1 k €	-0.7%	166,3 k €	-3.4%	172,1 k €	+27.6%	134,9 k €
Operating result	163,3 k €	+16.9%	139,7 k €	+0.6%	138,8 k €	-14.6%	162,6 k €	+29.4%	125,7 k €
Net result	113,1 k €	+11.3%	101,5 k €	-2.7%	104,3 k €	-4.1%	108,7 k €	+30.2%	83,5 k €
Balance sheet
Equity	991,1 k €	+12.9%	878 k €	+13.1%	776,5 k €	-4.4%	812,6 k €	+15.4%	703,9 k €
Total assets	1,1 M €	+9.6%	1 M €	+10.0%	948,1 k €	-5.6%	1 M €	+17.6%	854,3 k €
Cash	740,1 k €	+22.4%	604,5 k €	+39.7%	432,8 k €	-32.6%	642,1 k €	+36.8%	469,3 k €
Debts	58 k €	-18.8%	71,4 k €	-8.8%	78,3 k €	-20.7%	98,8 k €	+73.0%	57,1 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period
Casper Janssens	Director25/02/2016 → 13/06/2030
Veerle Nicolaï	Managing director25/05/2007 → 13/06/2030Director14/06/2018 → 13/06/2024ended

Ended mandates

Director	Mandates in this company	Period
ANDRE NICOLAI	Chairman of the board of directors25/05/2007 → 30/06/2018

Other companies at this address

Duboisstraat 43 2060 Antwerpen

Company	CBE no.
BABLAB Comm. V.● Active	0775.933.682
CABUY & PAUWELS ARCHITECTEN● Active	0861.238.650
DUBOIS 43● Active	0778.608.904
JD PRODUCTIONS● Active	0635.985.547
Vereniging van Mede-eigenaars gebouw Antwerpen Duboisstraat 43● Active	0867.794.761
VINTAGE PRODUCTIONS● Active	0446.053.411

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	15/07/2026	18/07/2025	22/07/2024	28/07/2023	13/07/2022	20/07/2021
General meeting	26/06/2026	20/06/2025	30/06/2024	30/06/2023	17/06/2022	25/06/2021
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
Micro model	31/12/2025	26/06/2026	15/07/2026	Dutch	PDF
Micro model	31/12/2024	20/06/2025	18/07/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	22/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	28/07/2023	Dutch	PDF
Micro model	31/12/2021	17/06/2022	13/07/2022	Dutch	PDF
Micro model	31/12/2020	25/06/2021	20/07/2021	Dutch	PDF
Micro model	31/12/2019	30/06/2020	31/07/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	29/07/2019	Dutch	PDF
Micro model	31/12/2017	14/06/2018	05/07/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	27/07/2016	Dutch	PDF
Abridged model	31/12/2014	29/06/2015	29/07/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	23/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	25/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	31/07/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	26/07/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	21/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	02/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	02/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	29/05/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period
Casper Janssens	Director25/02/2016 → 13/06/2030
Veerle Nicolaï	Managing director25/05/2007 → 13/06/2030Director14/06/2018 → 13/06/2024ended

Ended mandates

Director	Mandates in this company	Period
ANDRE NICOLAI	Chairman of the board of directors25/05/2007 → 30/06/2018

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates04/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares07/04/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates20/09/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares13/01/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Registered office09/01/2009
MAATSCHAPPELIJKE ZETEL
PDF
Mandates12/10/2007
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

Filings20 filings

Mandates

Casper Janssens

Veerle Nicolaï

ANDRE NICOLAI

IRENE BAL

1994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

Nicolaï & PartnersNICOLAI EN PARTNERS, RAADGEVENDE ACTUARISSEN

Duboisstraat 43, 2060 Antwerp-2060

Director

Managing directorDirector

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Duboisstraat 43, 2060 Antwerp-2060Current	accounts 2021 → 2025	Accounts 2025 · 2026-00301892

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
NICOLAI EN PARTNERS, RAADGEVENDE ACTUARISSENCurrent		CBE
Nicolaï & Partners	accounts 2021 → 2025	Accounts 2025 · 2026-00301892
NICOLAI EN PARTNERS, RAADGEVENDE ACTUARISSEN	accounts 2006 → 2020	Accounts 2020 · 2021-37900112

Events

2025
Annual accounts 2025113,1 k €↑
2024
Annual accounts 2024101,5 k €↓
2023
Annual accounts 2023104,3 k €↓
2022
Annual accounts 2022108,7 k €↑
2021
Annual accounts 202183,5 k €↓
2021
Name changeNicolaï & Partners
2020
Annual accounts 202084,4 k €↓
2019
Annual accounts 2019102,5 k €↑
2018
Annual accounts 201852,9 k €↑
2017
Annual accounts 201740,9 k €↓
2016
Annual accounts 201645,7 k €↑
2015
Annual accounts 201539,8 k €↑
2014
Annual accounts 20142,9 k €↓
2013
Annual accounts 201365,6 k €↑
2012
Annual accounts 201234 k €↑
2011
Annual accounts 201123,1 k €↓
2010
Annual accounts 201032,2 k €↑
2009
Annual accounts 200927,5 k €↑
2008
Annual accounts 2008-29,1 k €↓
2007
Annual accounts 20074,9 k €↑
2006
Annual accounts 20063,2 k €
01/07/1994
IncorporationPublic limited company

NICOLAI EN PARTNERS, RAADGEVENDE ACTUARISSEN

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