ACTIVE

NESTT

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Financial year 2025 · closed on 31/12/2025

Net result

-726,2 k €

-18.7% YoY

Gross margin

-343,5 k €

-37.6% YoY

Equity

7,7 M €

+11.2% YoY

What does NESTT do?

NESTT is a Public limited company incorporated in 1995. Its main activity is: Activities of holding companies. Its registered office is in Sint-Genesius-Rode.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.417.464

Incorporation

07/11/1995

Legal form

Public limited company

Registered office

Avenue des Genêts 12
1640 Sint-Genesius-Rode · FlandreSee on map

Contributed capital

10 200 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (1)

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 21 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006		2005
Income statement
Gross margin	-343,5 k €	-37.6%	-249,7 k €	+0.5%	-250,8 k €	+17.7%	-304,8 k €	-254%	-86,2 k €	-187%	99 k €	+208%	-91,6 k €	-371%	-19,5 k €	-178%	25,1 k €	-99.1%	2,7 M €	+3313%	78,8 k €	+1.8%	77,4 k €	+27.9%	60,5 k €	-82.7%	349,5 k €	-28.4%	488,3 k €	+1051%	42,4 k €	+115%	-289,4 k €	-1001%	-26,3 k €	+50.7%	-53,3 k €	-106%	911,6 k €	+8866%	-10,4 k €
EBITDA	-364,1 k €	-35.0%	-269,7 k €	+0.0%	-269,7 k €	+21.6%	-344,2 k €	-95.9%	-175,7 k €	-652%	-23,4 k €	+83.2%	-139 k €	-341%	-31,5 k €	-337%	13,3 k €	-99.5%	2,7 M €	+3894%	67 k €	+7.8%	62,2 k €	+27.1%	48,9 k €	-85.5%	337,1 k €	-29.4%	477,8 k €	+1027%	42,4 k €	+115%	-289,4 k €	-986%	-26,7 k €	+50.1%	-53,5 k €	-106%	906,9 k €	+7310%	-12,6 k €
Operating result	-691,3 k €	-17.4%	-588,8 k €	+0.7%	-593,2 k €	+13.6%	-686,9 k €	-34.2%	-511,7 k €	-50.5%	-339,9 k €	+28.4%	-474,9 k €	-164%	-180 k €	-35.6%	-132,8 k €	-105%	2,5 M €	+3287%	-79,5 k €	+4.0%	-82,8 k €	+11.5%	-93,6 k €	-146%	205,4 k €	-42.0%	354,1 k €	+574%	-74,7 k €	+90.1%	-756,7 k €	-863%	-78,6 k €	-9.4%	-71,9 k €	-109%	824,9 k €	+2511%	-34,2 k €
Net result	-726,2 k €	-18.7%	-611,7 k €	-0.6%	-608,3 k €	+12.2%	-693 k €	-27.0%	-545,8 k €	-49.7%	-364,6 k €	+26.3%	-494,7 k €	-153%	-195,8 k €	-31.2%	-149,2 k €	-106%	2,5 M €	+1484%	-177,5 k €	+3.0%	-183,1 k €	+2.0%	-186,8 k €	-290%	98,1 k €	-51.4%	201,7 k €	+225%	-160,9 k €	+66.4%	-478,2 k €	-349%	-106,6 k €	+17.9%	-129,8 k €	-126%	497,1 k €	+1494%	-35,7 k €
Balance sheet
Equity	7,7 M €	+11.2%	6,9 M €	-8.1%	7,5 M €	-7.5%	8,1 M €	-7.8%	8,8 M €	+15.0%	7,7 M €	-4.5%	8 M €	+209%	2,6 M €	-7.0%	2,8 M €	-5.1%	3 M €	+495%	496,6 k €	-26.3%	674,1 k €	-21.4%	857,2 k €	-17.9%	1 M €	+1944%	-56,6 k €	+78.1%	-258,3 k €	-165%	-97,4 k €	-126%	380,7 k €	-21.9%	487,3 k €	-21.0%	617,2 k €	+414%	120,1 k €
Total assets	7,7 M €	+2.0%	7,6 M €	-2.4%	7,8 M €	-7.9%	8,4 M €	-9.3%	9,3 M €	+4.0%	8,9 M €	-4.0%	9,3 M €	+165%	3,5 M €	-4.3%	3,7 M €	-7.3%	4 M €	-27.9%	5,5 M €	-2.5%	5,6 M €	-0.4%	5,7 M €	+3.6%	5,5 M €	+2.2%	5,3 M €	+40.1%	3,8 M €	+20.7%	3,2 M €	+7.3%	2,9 M €	+35.6%	2,2 M €	+1.3%	2,1 M €	+377%	448,6 k €
Cash	62,8 k €	+171%	23,1 k €	-63.8%	63,9 k €	-81.8%	350,8 k €	-47.3%	665,6 k €	+446%	121,8 k €		–		26,6 k €	-75.1%	106,8 k €	-53.3%	228,9 k €	+1193%	17,7 k €	-74.6%	69,6 k €	+112%	32,8 k €	-19.2%	40,6 k €		–		105,4 k €	-49.6%	209,1 k €	+15987%	1,3 k €		–		7,7 k €	+265%	2,1 k €
Debts	30 k €	-95.3%	641,6 k €	+181%	228,5 k €	-21.0%	289,4 k €	-34.4%	441,4 k €	-64.6%	1,2 M €	-1.3%	1,3 M €	+40.5%	899,8 k €	+4.2%	863,8 k €	-13.2%	994,6 k €	-80.1%	5 M €	+0.7%	5 M €	+3.3%	4,8 M €	+8.7%	4,4 M €	-18.2%	5,4 M €	+32.6%	4,1 M €	+25.1%	3,3 M €	+44.5%	2,3 M €	+66.1%	1,4 M €	+13.0%	1,2 M €	+265%	328,5 k €
Other
Workforce	–		–		–		0,3 ETP	-70.0%	1,0 ETP	0.0%	1,0 ETP	+25.0%	0,8 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 27 ended

Active mandates

Alain Nijs

Director · since 21 décembre 2021 · until 17 juin 2027

Active

Anouk Schoors

Director · since 21 décembre 2021 · until 17 juin 2027

Active

Els Thermote

Director · since 21 décembre 2021 · until 17 juin 2027

Active

John Laebens

Director · since 21 décembre 2021 · until 17 juin 2027

Active

Louis Dhont

Director · since 21 décembre 2021 · until 17 juin 2027

Active

Ended mandates

Els Ann Thermote

Director · since 21 décembre 2021 · until 17 juin 2027

Ended

Els Ann Thermote

Managing director · since 21 décembre 2021 · until 17 juin 2027

Ended

Laurent Vannest

Director · since 21 décembre 2021 · until 10 octobre 2024

Ended

Laurent Vannest

Director · since 21 décembre 2021 · until 17 juin 2027

Ended

At this address

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DIFG● Active	0765.556.761
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TNFO● Active	0778.919.797

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	17/07/2026	18/07/2025	26/07/2024	14/07/2023	12/07/2022	12/07/2021
General meeting	19/06/2026	20/06/2025	28/06/2024	16/06/2023	17/06/2022	18/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/06/2026	17/07/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	18/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	26/07/2024	Dutch	PDF
Abridged model	31/12/2022	16/06/2023	14/07/2023	Dutch	PDF
Abridged model	31/12/2021	17/06/2022	12/07/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	12/07/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	14/07/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	26/06/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	25/06/2018	French	PDF
Abridged model	31/12/2016	16/06/2017	16/06/2017	French	PDF
Abridged model	31/12/2015	17/06/2016	19/07/2016	French	PDF
Abridged model	31/12/2014	19/06/2015	22/06/2015	French	PDF
Abridged model	31/12/2013	20/06/2014	25/06/2014	French	PDF
Abridged model	31/12/2012	21/06/2013	26/06/2013	French	PDF
Abridged model	31/12/2011	15/06/2012	31/07/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	29/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	04/08/2010	Dutch	PDF
Abridged model	31/12/2008	19/05/2009	23/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	18/09/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	27/08/2008	Dutch	PDF
Abridged model	31/12/2005	30/06/2006	23/01/2008	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 27 ended

Active mandates

Alain Nijs

Director · since 21 décembre 2021 · until 17 juin 2027

Active

Anouk Schoors

Director · since 21 décembre 2021 · until 17 juin 2027

Active

Els Thermote

Director · since 21 décembre 2021 · until 17 juin 2027

Active

John Laebens

Director · since 21 décembre 2021 · until 17 juin 2027

Active

Louis Dhont

Director · since 21 décembre 2021 · until 17 juin 2027

Active

Ended mandates

Els Ann Thermote

Director · since 21 décembre 2021 · until 17 juin 2027

Ended

Els Ann Thermote

Managing director · since 21 décembre 2021 · until 17 juin 2027

Ended

Laurent Vannest

Director · since 21 décembre 2021 · until 10 octobre 2024

Ended

Laurent Vannest

Director · since 21 décembre 2021 · until 17 juin 2027

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares18/12/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates24/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/02/2023
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares11/07/2022
KAPITAAL - AANDELEN
PDF
Capital / shares17/01/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Capital / shares19/06/2019
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates19/03/2019
BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates10/08/2016
DEMISSIONS, NOMINATIONS
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

2025
Annual accounts 2025-726,2 k €↓
2024
Annual accounts 2024-611,7 k €↓
2023
Annual accounts 2023-608,3 k €↑
2022
Annual accounts 2022-693 k €↓
2021
Annual accounts 2021-545,8 k €↓
2020
Annual accounts 2020-364,6 k €↑
2019
Annual accounts 2019-494,7 k €↓
2018
Annual accounts 2018-195,8 k €↓
2018
Name changeNESTT
2017
Annual accounts 2017-149,2 k €↓
2016
Annual accounts 20162,5 M €↑
2015
Annual accounts 2015-177,5 k €↑
2014
Annual accounts 2014-183,1 k €↑
2013
Annual accounts 2013-186,8 k €↓
2012
Annual accounts 201298,1 k €↓
2011
Annual accounts 2011201,7 k €↑
2011
Name changeGenêts Capital
2010
Annual accounts 2010-160,9 k €↑
2009
Annual accounts 2009-478,2 k €↓
2008
Annual accounts 2008-106,6 k €↑
2007
Annual accounts 2007-129,8 k €↓
2006
Annual accounts 2006497,1 k €↑
2005
Annual accounts 2005-35,7 k €
2005
Name changeD.F.G. INVEST
07/11/1995
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

NESTT

Overview

What does NESTT do?

Trend over 21 financial years

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