ACTIVE

NABUCO

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Financial year 2025 · closed on 30/06/2025

Net result

17,1 k €

+424.0% YoY

Gross margin

131,1 k €

+33.5% YoY

Equity

1,1 M €

-6.4% YoY

What does NABUCO do?

NABUCO is a Public limited company incorporated in 1995. Its main activity is: Management consultancy activities. Its registered office is in Zedelgem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.714.404

Incorporation

04/12/1995

Legal form

Public limited company

Registered office

Ruddervoordsestraat 17
8210 Zedelgem · FlandreSee on map

Contributed capital

1 255 000,00 €

Latest accounts

30/06/2025

Activities (NACE)

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

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2021		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	131,1 k €	+33.5%	98,2 k €	+10.0%	89,3 k €		–		–		–		–		–		–		–		51,9 k €	+34.4%	38,6 k €	-25.6%	51,9 k €	+23.2%	42,1 k €
EBITDA	123,7 k €	+40.7%	87,9 k €	+14.7%	76,6 k €	+860%	8 k €	-82.9%	46,6 k €	+145%	19 k €	+184%	6,7 k €	+278%	-3,8 k €	-106%	63,1 k €	+256%	17,7 k €	+101%	8,8 k €	+349%	-3,5 k €	+8.5%	-3,9 k €	-112%	32,1 k €
Operating result	48,7 k €	+179%	17,4 k €	-31.9%	25,6 k €	+195%	-27 k €	-1156%	-2,1 k €	+92.7%	-29,5 k €	+29.5%	-41,8 k €	-251%	27,7 k €	+50.7%	18,4 k €	+151%	-36 k €	+44.2%	-64,4 k €	-48.4%	-43,4 k €	+31.6%	-63,4 k €	-99.3%	-31,8 k €
Net result	17,1 k €	+424%	3,3 k €	-90.0%	32,7 k €	+208%	-30,4 k €	-149%	61,6 k €	+264%	-37,5 k €	-34.0%	-28 k €	-110%	294 k €	+1408%	19,5 k €	+159%	-33,2 k €	+29.8%	-47,3 k €	+28.7%	-66,3 k €	+4.0%	-69,1 k €	-709%	11,4 k €
Balance sheet
Equity	1,1 M €	-6.4%	1,2 M €	+0.3%	1,2 M €	+2.8%	1,2 M €	-12.5%	1,3 M €	+4.8%	1,3 M €	-2.9%	1,3 M €	-2.1%	1,3 M €	+28.1%	1 M €	+1.9%	1 M €	-3.1%	1,1 M €	-4.3%	1,1 M €	-5.7%	1,2 M €	+18.2%	992 k €
Total assets	3,4 M €	+6.5%	3,2 M €	+4.2%	3,1 M €	+16.8%	2,6 M €	+22.2%	2,2 M €	-0.6%	2,2 M €	+4.6%	2,1 M €	-5.9%	2,2 M €	+6.2%	2,1 M €	+1.3%	2 M €	+3.2%	2 M €	+0.6%	2 M €	+25.5%	1,6 M €	+8.4%	1,4 M €
Cash	62 k €	+53.5%	40,4 k €	+247%	11,6 k €	-91.9%	143,1 k €	+13654%	1 k €	-89.3%	9,7 k €	+147%	3,9 k €	-96.6%	116,5 k €	+442%	21,5 k €	+141%	8,9 k €	-56.8%	20,7 k €	-42.9%	36,2 k €	-81.2%	192,7 k €	-9.7%	213,5 k €
Debts	2,3 M €	+13.3%	2 M €	+6.6%	1,9 M €	+28.0%	1,5 M €	+78.5%	816,9 k €	-6.4%	873,1 k €	+17.4%	743,6 k €	-12.2%	847,2 k €	-16.5%	1 M €	+3.5%	980,2 k €	+11.8%	876,9 k €	+7.9%	812,4 k €	+122%	366,7 k €	-16.9%	441,1 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		0,6 ETP	-33.3%	0,9 ETP	0.0%	0,9 ETP	+28.6%	0,7 ETP	+600%	0,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 20 ended

Active mandates

Edward Claeys

Director

Active

Eveline Ceenaeme

Director

Active

Ended mandates

Edward Claeys

Managing director · since 27 mai 2019 · until 27 mai 2025

Ended

Eveline Ceenaeme

Managing director · since 27 mai 2019 · until 27 mai 2025

Ended

Leo Claeys

Managing director · since 27 mai 2019 · until 27 mai 2025

Ended

Caroline De Nolf

Director · since 27 mai 2013 · until 27 mai 2019

Ended

At this address

Other companies at this address

Company	CBE no.
Alamesa● Active	0456.914.342
Kerkfabriek Sint-Eligius (VL - Zedelgem)● Active	0211.347.360
Parisok● Active	0472.263.405
Zinnia● Active	0423.371.643

Annual accounts

Full financial information

	2025	2024	2023	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Full model	Full model	Full model
Start of the financial year	01/07/2024	01/07/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	18 months	12 months	12 months	12 months
Filing date	31/01/2026	04/02/2025	31/01/2024	31/08/2022	31/08/2021	25/06/2020
General meeting	31/12/2025	31/12/2024	31/12/2023	29/05/2022	25/05/2021	25/05/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	31/12/2025	31/01/2026	Dutch	PDF
Abridged model	30/06/2024	31/12/2024	04/02/2025	Dutch	PDF
Abridged model	30/06/2023	31/12/2023	31/01/2024	Dutch	PDF
Full model	31/12/2021	29/05/2022	31/08/2022	Dutch	PDF
Full model	31/12/2020	25/05/2021	31/08/2021	Dutch	PDF
Full model	31/12/2019	25/05/2020	25/06/2020	Dutch	PDF
Full model	31/12/2018	27/05/2019	27/06/2019	Dutch	PDF
Full model	31/12/2017	28/05/2018	15/06/2018	Dutch	PDF
Full model	31/12/2016	12/06/2017	03/07/2017	Dutch	PDF
Full model	31/12/2015	30/05/2016	05/07/2016	Dutch	PDF
Full model	31/12/2014	29/06/2015	15/07/2015	Dutch	PDF
Full model	31/12/2013	26/05/2014	18/07/2014	Dutch	PDF
Full model	31/12/2012	27/05/2013	30/08/2013	Dutch	PDF
Full model	31/12/2011	28/05/2012	17/08/2012	Dutch	PDF
Full model	31/12/2010	23/05/2011	19/07/2011	Dutch	PDF
Abridged model	31/12/2009	25/05/2010	23/06/2010	Dutch	PDF
Abridged model	31/12/2008	25/05/2009	23/06/2009	Dutch	PDF
Abridged model	31/12/2007	26/05/2008	26/06/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	29/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 30/06/2025 · 2 active · 20 ended

Active mandates

Edward Claeys

Director

Active

Eveline Ceenaeme

Director

Active

Ended mandates

Edward Claeys

Managing director · since 27 mai 2019 · until 27 mai 2025

Ended

Eveline Ceenaeme

Managing director · since 27 mai 2019 · until 27 mai 2025

Ended

Leo Claeys

Managing director · since 27 mai 2019 · until 27 mai 2025

Ended

Caroline De Nolf

Director · since 27 mai 2013 · until 27 mai 2019

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring24/07/2025
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring07/01/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates28/12/2022
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates23/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/11/2013
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares23/11/2007
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates11/10/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/02/2007
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

2025
Annual accounts 202517,1 k €↑
2024
Annual accounts 20243,3 k €↓
2023
Annual accounts 202332,7 k €↑
2021
Annual accounts 2021-30,4 k €↓
2015
Annual accounts 201561,6 k €↑
2014
Annual accounts 2014-37,5 k €↓
2013
Annual accounts 2013-28 k €↓
2012
Annual accounts 2012294 k €↑
2011
Annual accounts 201119,5 k €↑
2010
Annual accounts 2010-33,2 k €↑
2009
Annual accounts 2009-47,3 k €↑
2008
Annual accounts 2008-66,3 k €↑
2007
Annual accounts 2007-69,1 k €↓
2006
Annual accounts 200611,4 k €
04/12/1995
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

NABUCO

Overview

What does NABUCO do?

Trend over 14 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