ACTIVE

NIAG (SRL)

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Financial year 2025 · closed on 31/12/2025

Net result

21,3 k €

+70.8% YoY

Gross margin

29,9 k €

+64.3% YoY

Equity

31,9 k €

+200.0% YoY

What does NIAG do?

NIAG is a Private limited company incorporated in 1997. Its main activity is: Holiday and other short-stay accommodation. Its registered office is in Zaventem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0460.008.048

Incorporation

11/02/1997

Legal form

Private limited company

Registered office

Excelsiorlaan 85
1930 Zaventem · FlandreSee on map

Contributed capital

11 658,98 €

Latest accounts

31/12/2025

Activities (NACE)

55203Holiday and other short-stay accommodation· main 55203Holiday and other short-stay accommodation 70210Public relations and communication activities 73300Advertising and market research

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	29,9 k €	+64.3%	18,2 k €	+2611%	-726 €	0.0%	-726 €	-98.4%	-365,9 €		–		3,9 k €	-26.1%	5,3 k €	-0.3%	5,3 k €	+159%	2 k €	-41.8%	3,5 k €	+906%	350,1 €	-99.2%	45,2 k €	-22.2%	58,2 k €	-49.7%	115,7 k €	+2582%	4,3 k €	-24.2%	5,7 k €	-56.3%	13 k €	+87.0%	7 k €	-24.7%	9,3 k €
EBITDA	26,3 k €	+52.3%	17,3 k €	+2479%	-726 €	0.0%	-726 €	-98.4%	-365,9 €		–		3,6 k €	-27.9%	4,9 k €	-0.3%	5 k €	+191%	1,7 k €	-44.8%	3,1 k €	+166%	1,2 k €	+104%	-26,6 k €	-91.1%	-13,9 k €	-129%	47,4 k €	+1152%	3,8 k €	-27.4%	5,2 k €	-50.3%	10,5 k €	+62.4%	6,5 k €	-22.3%	8,3 k €
Operating result	23,1 k €	+36.8%	16,9 k €	+2430%	-726 €	0.0%	-726 €	-98.4%	-365,9 €		–		3,6 k €	-27.9%	4,9 k €	-0.3%	5 k €	+191%	1,7 k €	-44.8%	3,1 k €	+416%	-974,3 €	+96.9%	-31,2 k €	-68.3%	-18,5 k €	-144%	41,8 k €	+2088%	-2,1 k €	-136%	5,8 k €	+73.1%	3,4 k €	-48.1%	6,5 k €	+115%	3 k €
Net result	21,3 k €	+70.8%	12,5 k €	+1817%	-726 €	0.0%	-726 €	-51.8%	-478,3 €		–		3,5 k €	-27.7%	4,9 k €	-0.1%	4,9 k €	+194%	1,7 k €	-41.7%	2,9 k €	+177%	-3,7 k €	+88.8%	-33,2 k €	-72.7%	-19,2 k €	-179%	24,5 k €	+1076%	-2,5 k €	-402%	831 €	-70.2%	2,8 k €	+481%	-733 €	-223%	598 €
Balance sheet
Equity	31,9 k €	+200%	10,6 k €	+686%	-1,8 k €	-66.5%	-1,1 k €	-198%	-365,9 €	-425%	112,4 €	0.0%	112,4 €	+103%	-3,4 k €	+58.8%	-8,3 k €	+37.1%	-13,2 k €	+11.2%	-14,9 k €	+16.1%	-17,7 k €	-26.6%	-14 k €	-173%	19,2 k €	-50.0%	38,5 k €	+175%	14 k €	-15.2%	16,5 k €	+5.3%	15,7 k €	+21.7%	12,9 k €	-5.4%	13,6 k €
Total assets	42,5 k €	+71.4%	24,8 k €		–		–		–		112,4 €	0.0%	112,4 €	-86.4%	824,5 €	-19.6%	1 k €	-72.8%	3,8 k €	+62.0%	2,3 k €	+24.0%	1,9 k €	-91.8%	23 k €	-46.9%	43,3 k €	-45.4%	79,2 k €	+92.1%	41,2 k €	-0.7%	41,5 k €	+17.3%	35,4 k €	-24.4%	46,8 k €	-32.7%	69,6 k €
Cash	578 €	-95.4%	12,7 k €		–		–		–		112,4 €	0.0%	112,4 €	-29.3%	159 €	-75.8%	656,7 €	+133%	282 €	-81.4%	1,5 k €	+104%	742 €	-35.3%	1,1 k €	-91.4%	13,3 k €	-54.0%	28,9 k €	+29331%	98,2 €	-4.7%	103 €	-79.7%	508 €		–		–
Debts	10,5 k €	-25.5%	14,1 k €	+677%	1,8 k €	+66.5%	1,1 k €	+198%	365,9 €		–		0 €	-100%	4,2 k €	-54.5%	9,3 k €	-41.3%	15,9 k €	-1.4%	16,1 k €	-13.0%	18,6 k €	-30.5%	26,7 k €	+10.9%	24,1 k €	-41.0%	40,7 k €	+49.6%	27,2 k €	+8.9%	25 k €	+38.6%	18 k €	-45.5%	33,1 k €	-39.9%	55,1 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		1,9 ETP	-26.9%	2,6 ETP	-25.7%	3,5 ETP		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Anca Horodnic

Director · since 14 mai 2024

Active

CONSTANTIN BALASA

Director · since 20 octobre 2021

Active

Ended mandates

Eric Delangre

Manager · since 01 août 2015

Ended

DOMINIQUE LOOSVELDT

Manager · since 01 juillet 2013

Ended

Eric Delangre

Manager · since 09 décembre 2010 · until 30 juin 2013

Ended

Eric Delangre

Manager · since 09 décembre 2010

Ended

At this address

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Annual accounts

Full financial information

	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	30/06/2026	28/08/2025	06/06/2024	31/08/2023	22/08/2022	18/10/2021
General meeting	29/06/2026	27/08/2025	14/05/2024	23/08/2023	15/06/2022	18/10/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/06/2026	30/06/2026	Dutch	PDF
Micro model	31/12/2024	27/08/2025	28/08/2025	Dutch	PDF
Micro model	31/12/2023	14/05/2024	06/06/2024	Dutch	PDF
Micro model	31/12/2022	23/08/2023	31/08/2023	French	PDF
Micro model	31/12/2021	15/06/2022	22/08/2022	French	PDF
Micro model	31/12/2020	18/10/2021	18/10/2021	French	PDF
Micro model	31/12/2019	20/06/2020	04/11/2020	French	PDF
Micro model	31/12/2018	10/06/2019	19/06/2019	French	PDF
Micro model	31/12/2017	10/06/2018	11/07/2018	French	PDF
Abridged model	31/12/2016	10/06/2017	24/07/2017	French	PDF
Abridged model	31/12/2015	10/06/2016	25/07/2016	French	PDF
Abridged model	31/12/2014	10/06/2015	29/06/2015	French	PDF
Abridged model	31/12/2013	11/06/2014	25/06/2014	French	PDF
Abridged model	31/12/2012	12/06/2013	03/07/2013	French	PDF
Abridged model	31/12/2011	13/06/2012	29/06/2012	French	PDF
Abridged model	31/12/2010	15/06/2011	19/08/2011	French	PDF
Abridged model	31/12/2009	15/06/2010	29/07/2010	French	PDF
Abridged model	31/12/2008	15/06/2009	24/10/2009	French	PDF
Abridged model	31/12/2007	15/06/2008	09/07/2008	French	PDF
Abridged model	31/12/2006	15/06/2007	30/10/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 2 active · 8 ended

Active mandates

Anca Horodnic

Director · since 14 mai 2024

Active

CONSTANTIN BALASA

Director · since 20 octobre 2021

Active

Ended mandates

Eric Delangre

Manager · since 01 août 2015

Ended

DOMINIQUE LOOSVELDT

Manager · since 01 juillet 2013

Ended

Eric Delangre

Manager · since 09 décembre 2010 · until 30 juin 2013

Ended

Eric Delangre

Manager · since 09 décembre 2010

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Registered office15/05/2024
MAATSCHAPPELIJKE ZETEL - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates19/03/2024
SIEGE SOCIAL - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
PDF
Mandates24/01/2022
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates06/08/2015
DEMISSIONS, NOMINATIONS
PDF
Registered office16/06/2014
SIEGE SOCIAL
PDF
Mandates18/09/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates14/01/2011
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 202521,3 k €↑
2024
Annual accounts 202412,5 k €↑
2023
Annual accounts 2023-726 €↑
2022
Annual accounts 2022-726 €↓
2021
Annual accounts 2021-478,3 €↓
2020
Annual accounts 2020
2019
Annual accounts 20193,5 k €↓
2018
Annual accounts 20184,9 k €↓
2017
Annual accounts 20174,9 k €↑
2016
Annual accounts 20161,7 k €↓
2015
Annual accounts 20152,9 k €↑
2014
Annual accounts 2014-3,7 k €↑
2013
Annual accounts 2013-33,2 k €↓
2012
Annual accounts 2012-19,2 k €↓
2011
Annual accounts 201124,5 k €↑
2010
Annual accounts 2010-2,5 k €↓
2009
Annual accounts 2009831 €↓
2008
Annual accounts 20082,8 k €↑
2007
Annual accounts 2007-733 €↓
2006
Annual accounts 2006598 €
11/02/1997
IncorporationPrivate 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

NIAG (SRL)

Overview

What does NIAG do?

Trend over 20 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