ACTIVE

NLT-Pivaco Group

Financial year 2024 · Closed on 31/12/2024

Net result958,3 k €-53,3 %over 1 year
Revenue13,1 M €-30,4 %over 1 year
Equity5 M €+24,0 %over 1 year
Workforce51,7 ETP-2,6 %over 1 year

Identity

Source · BCE/KBO

NLT-Pivaco Group is a Private limited company incorporated in 1998. Its registered office is in Temse. It employs on average 51,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0462.811.942
Incorporation
04/03/1998
Legal form
Private limited company
Registered office
Frank Van Dyckelaan 14
9140 Temse · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Average workforce
51,7 ETP
Joint committees (8)
  • 111
  • 111112
  • 11112
  • 112
  • 129
  • 209
  • 20912
  • 999001
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 18 filings

Trend over 17 financial years

20242023202220212019
Income statement
Revenue13,1 M €18,9 M €16,7 M €13 M €–
EBITDA1,4 M €2,7 M €1,5 M €492,3 k €1,4 M €
Operating result1,3 M €2,5 M €1,3 M €351,8 k €1,2 M €
Net result958,3 k €2 M €965,8 k €247,7 k €879,1 k €
Balance sheet
Equity5 M €4 M €3,1 M €2,8 M €2,1 M €
Total assets7,1 M €8,7 M €8,1 M €6 M €5,9 M €
Cash1,6 M €3,2 M €1,6 M €1,2 M €709,1 k €
Debts2,2 M €4,7 M €4,9 M €3,2 M €3,7 M €
Other
Workforce51,7 ETP53,1 ETP48,7 ETP50,9 ETP51,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 17 ended

Active mandates

Erik Groes

Director · since 01 juillet 2020

Active
G2G Invest

Director · since 17 septembre 2015 · 0724.644.141

Represented by Vicky NIES

Active

Ended mandates

Go Fund BV

Director · since 17 septembre 2015 · 0831.689.381

Represented by Vicky Nies

Ended
Go Fund BVBA

Manager · since 17 septembre 2015 · 0831.689.381

Represented by Vicky Nies

Ended
Hans Herpoel

Manager · since 13 janvier 2014 · until 20 mars 2018

Ended
Hans Herpoel

Manager · since 13 janvier 2014

Ended

Other companies at this address

Frank Van Dyckelaan 14 9140 Temse
CompanyCBE no.
FG-Software● Active
0810.589.507
G2G Invest● Active
0724.644.141
Grounds Up● Active
0798.913.180
Powerstation● Active
0767.722.336

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/06/202528/06/202414/07/202312/07/202224/06/202113/08/2020
General meeting19/06/202524/06/202415/06/202316/06/202217/06/202130/06/2020
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, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202419/06/202524/06/2025DutchPDF
Full model31/12/202324/06/202428/06/2024DutchPDF
Full model31/12/202215/06/202314/07/2023DutchPDF
Full model31/12/202116/06/202212/07/2022DutchPDF
Full model31/12/202017/06/202124/06/2021DutchPDF
Abridged model31/12/201930/06/202013/08/2020DutchPDF
Abridged model31/12/201820/06/201910/07/2019DutchPDF
Abridged model31/03/201729/09/201723/10/2017DutchPDF
Abridged model31/03/201619/09/201605/10/2016DutchPDF
Abridged model31/03/201517/09/201501/10/2015DutchPDF
Abridged model31/03/201418/09/201429/09/2014DutchPDF
Abridged model31/03/201319/09/201328/10/2013DutchPDF
Abridged model31/03/201228/09/201231/10/2012DutchPDF
Abridged model31/03/201109/11/201128/11/2011DutchPDF
Abridged model31/03/201024/08/201027/08/2010DutchPDF
Abridged model31/03/200917/09/200905/10/2009DutchPDF
Abridged model31/03/200818/09/200826/09/2008DutchPDF
Abridged model31/03/200712/07/200718/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2024

2 active · 17 ended

Active mandates

Erik Groes

Director · since 01 juillet 2020

Active
G2G Invest

Director · since 17 septembre 2015 · 0724.644.141

Represented by Vicky NIES

Active

Ended mandates

Go Fund BV

Director · since 17 septembre 2015 · 0831.689.381

Represented by Vicky Nies

Ended
Go Fund BVBA

Manager · since 17 septembre 2015 · 0831.689.381

Represented by Vicky Nies

Ended
Hans Herpoel

Manager · since 13 janvier 2014 · until 20 mars 2018

Ended
Hans Herpoel

Manager · since 13 janvier 2014

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates31/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/09/2024
    KAPITAAL - AANDELEN
    PDF
  • Mandates20/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates07/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/04/2019
    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. 2024
    Annual accounts 2024958,3 k €↓
  2. 2023
    Annual accounts 20232 M €↑
  3. 2022
    Annual accounts 2022965,8 k €↑
  4. 2021
    Annual accounts 2021247,7 k €↓
  5. 2019
    Annual accounts 2019879,1 k €↓
  6. 2018
    Annual accounts 20181 M €↑
  7. 2017
    Annual accounts 2017468,4 k €↑
  8. 2016
    Annual accounts 2016431,9 k €↑
  9. 2016
    Name changeNLT-PIVACO GROUP
  10. 2015
    Annual accounts 201580,4 k €↑
  11. 2014
    Annual accounts 2014-18,2 k €↑
  12. 2013
    Annual accounts 2013-43,4 k €↓
  13. 2012
    Annual accounts 2012-19,4 k €↑
  14. 2011
    Annual accounts 2011-122,1 k €↓
  15. 2010
    Annual accounts 2010153,8 k €↑
  16. 2009
    Annual accounts 2009-264,3 k €↓
  17. 2008
    Annual accounts 2008114 k €↑
  18. 2007
    Annual accounts 200775 k €
  19. 2007
    Name changePIVACO
  20. 04/03/1998
    IncorporationPrivate limited company