ACTIVE

NORTH EAST WEST SOUTH

Financial year 2025 · Closed on 31/12/2025

Net result3,4 k €-73,6 %over 1 year
Gross margin1,3 M €+20,1 %over 1 year
Equity192,5 k €+1,8 %over 1 year
Workforce16,2 ETP-3,0 %over 1 year

Identity

Source · BCE/KBO

NORTH EAST WEST SOUTH is a Public limited company incorporated in 1994. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Gent. It employs on average 16,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0454.017.408
Incorporation
09/12/1994
Legal form
Public limited company
Registered office
Dendermondsesteenweg 140A box 1
9000 Gent · FlandreSee on map
Contributed capital
250 000,00 €
Latest accounts
31/12/2025
Average workforce
16,2 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin1,3 M €1,1 M €1,1 M €1,1 M €1,2 M €
EBITDA157,4 k €-105,1 k €-63 k €8,2 k €346,7 k €
Operating result38,6 k €-117,5 k €-109,3 k €-193,1 k €161,1 k €
Net result3,4 k €12,8 k €14,8 k €22 k €158,9 k €
Balance sheet
Equity192,5 k €189,2 k €176,4 k €161,6 k €139,6 k €
Total assets2,3 M €2,6 M €3,3 M €3,5 M €3,7 M €
Cash1,1 M €1,3 M €1,7 M €2 M €2,3 M €
Debts1 M €986 k €1,1 M €774,1 k €1,2 M €
Other
Workforce16,2 ETP16,7 ETP17,0 ETP17,3 ETP16,5 ETP

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

3 active · 30 ended

Active mandates

GENERAL MUSIC MANAGEMENT

Managing director · 0502.356.268

Represented by Geert De Blaere

Active
VAJA MUSIC MANAGEMENT

Director · 0502.354.882

Represented by Jan Vanneste

Active
WE SEE WELL

Director · 0897.085.494

Represented by Stefaan Vandenberghe

Active

Ended mandates

GENERAL MUSIC MANAGEMENT

Managing director · since 09 janvier 2013 · until 13 mai 2019 · 0502.356.268

Represented by Geert De Blaere

Ended
VAJA MUSIC MANAGEMENT

Director · since 09 janvier 2013 · until 13 mai 2019 · 0502.354.882

Represented by Jan Vanneste

Ended
WE SEE WELL

Director · since 09 janvier 2013 · until 13 mai 2019 · 0897.085.494

Represented by Stefaan Vandenberghe

Ended
DBG Management

Managing director · since 01 août 2008 · until 12 mai 2014 · 0896.903.570

Represented by Geert De Blaere

Ended

Other companies at this address

Dendermondsesteenweg 140A 9000 Gent
CompanyCBE no.
GROEP SIKLOS● Active
0737.562.858
NEWS PUBLISHING● Active
0471.769.002
SIKLOS INVEST● Active
0444.317.309

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 date18/08/202630/09/202510/07/202428/06/202329/06/202210/11/2021
General meeting30/06/202630/06/202503/06/202408/05/202309/05/202218/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202618/08/2026DutchPDF
Abridged model31/12/202430/06/202530/09/2025DutchPDF
Abridged model31/12/202303/06/202410/07/2024DutchPDF
Abridged model31/12/202208/05/202328/06/2023DutchPDF
Abridged model31/12/202109/05/202229/06/2022DutchPDF
Abridged model31/12/202018/06/202110/11/2021DutchPDF
Abridged model31/12/201918/06/202014/10/2020DutchPDF
Abridged model31/12/201820/06/201923/09/2019DutchPDF
Abridged model31/12/201721/06/201804/07/2018DutchPDF
Abridged model31/12/201630/06/201703/08/2017DutchPDF
Full model31/12/201523/06/201608/07/2016DutchPDF
Full model31/12/201430/06/201514/07/2015DutchPDF
Full model31/12/201327/06/201421/08/2014DutchPDF
Full model31/12/201212/07/201327/08/2013DutchPDF
Full model31/12/201122/06/201227/06/2012DutchPDF
Full model31/12/201030/05/201115/06/2011DutchPDF
Full model31/12/200910/05/201008/06/2010DutchPDF
Full model31/12/200826/06/200917/07/2009DutchPDF
Full model31/12/200713/05/200812/06/2008DutchPDF
Full model31/12/200614/05/200725/10/2007DutchPDF

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

3 active · 30 ended

Active mandates

GENERAL MUSIC MANAGEMENT

Managing director · 0502.356.268

Represented by Geert De Blaere

Active
VAJA MUSIC MANAGEMENT

Director · 0502.354.882

Represented by Jan Vanneste

Active
WE SEE WELL

Director · 0897.085.494

Represented by Stefaan Vandenberghe

Active

Ended mandates

GENERAL MUSIC MANAGEMENT

Managing director · since 09 janvier 2013 · until 13 mai 2019 · 0502.356.268

Represented by Geert De Blaere

Ended
VAJA MUSIC MANAGEMENT

Director · since 09 janvier 2013 · until 13 mai 2019 · 0502.354.882

Represented by Jan Vanneste

Ended
WE SEE WELL

Director · since 09 janvier 2013 · until 13 mai 2019 · 0897.085.494

Represented by Stefaan Vandenberghe

Ended
DBG Management

Managing director · since 01 août 2008 · until 12 mai 2014 · 0896.903.570

Represented by Geert De Blaere

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares08/07/2026
    DOEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates25/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/08/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office04/01/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other20/08/2015
    DIVERSEN
    PDF
  • Mandates08/05/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/09/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/12/2007
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20253,4 k €↓
  2. 2024
    Annual accounts 202412,8 k €↓
  3. 2024
    Name changeN.E.W.S.
  4. 2023
    Annual accounts 202314,8 k €↓
  5. 2022
    Annual accounts 202222 k €↓
  6. 2021
    Annual accounts 2021158,9 k €↑
  7. 2021
    Name changeNORTH EAST WEST SOUTH
  8. 2020
    Annual accounts 2020-18,3 k €↓
  9. 2019
    Annual accounts 20194 k €↓
  10. 2018
    Annual accounts 201815,4 k €↑
  11. 2017
    Annual accounts 2017-125,9 k €↓
  12. 2016
    Annual accounts 2016-95,5 k €↓
  13. 2015
    Annual accounts 2015233,7 k €↑
  14. 2014
    Annual accounts 2014-40,3 k €↓
  15. 2011
    Annual accounts 201118,9 k €↑
  16. 2010
    Annual accounts 2010-78,8 k €↑
  17. 2009
    Annual accounts 2009-137,5 k €↓
  18. 2008
    Annual accounts 200830,3 k €↓
  19. 2007
    Annual accounts 2007216 k €↑
  20. 2006
    Annual accounts 2006178 k €
  21. 09/12/1994
    IncorporationPublic limited company