Nulens & Co
0463.183.413 · rovalta.com · 23/09/2026
ACTIVE
Nulens & Co
Financial year 2025 · closed on 30/09/2025
Net result
822,1 k €
+68.0% YoY
Gross margin
1,3 M €
+60.4% YoY
Equity
5,2 M €
+10.7% YoY
Workforce
0,0 ETP
Overview
What does Nulens & Co do?
Nulens & Co is a Private limited company incorporated in 1998. Its registered office is in Hasselt.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0463.183.413
Incorporation
27/04/1998
Legal form
Private limited company
Registered office
Stokerijstraat 73 box 4.03
3500 Hasselt · FlandreSee on map
3500 Hasselt · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
30/09/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 1,3 M € | +60.4% | 799,7 k € | -22.8% | 1 M € | +116% | 480,6 k € | +71.4% | 280,4 k € | -51.2% | 574,5 k € | -7.3% | 619,5 k € | -18.9% | 763,6 k € | -44.1% | 1,4 M € | +254% | 386 k € | +129% | 168,4 k € | +212% | 53,9 k € | -88.8% | 482,9 k € | +4879% | 9,7 k € | -90.3% | 100,4 k € | -20.5% | 126,2 k € | -29.5% | 179,2 k € | -40.3% | 299,9 k € | +191% | 103,1 k € |
| EBITDA | 1,3 M € | +61.2% | 794,7 k € | -22.9% | 1 M € | +116% | 477,2 k € | +74.8% | 272,9 k € | -52.2% | 570,8 k € | -6.9% | 613,1 k € | -19.1% | 757,5 k € | -44.2% | 1,4 M € | +412% | 265,2 k € | +61.8% | 163,9 k € | +210% | 53 k € | -88.9% | 478,1 k € | +4830% | 9,7 k € | -89.8% | 95,3 k € | -21.8% | 121,8 k € | -25.0% | 162,3 k € | -44.6% | 292,7 k € | +193% | 99,8 k € |
| Operating result | 1,2 M € | +64.3% | 756,4 k € | -23.9% | 993,9 k € | +126% | 440,1 k € | +86.6% | 235,9 k € | -55.9% | 534,4 k € | -7.4% | 577,4 k € | -17.1% | 696,8 k € | -38.8% | 1,1 M € | +329% | 265,2 k € | +107% | 128,4 k € | +149% | 51,6 k € | -89.1% | 474,1 k € | +47273% | -1 k € | -102% | 63,5 k € | -30.5% | 91,4 k € | -30.2% | 130,9 k € | -53.7% | 282,5 k € | +207% | 92 k € |
| Net result | 822,1 k € | +68.0% | 489,3 k € | -29.7% | 696,2 k € | +125% | 309,8 k € | +134% | 132,4 k € | -58.6% | 320 k € | -3.4% | 331,2 k € | -14.6% | 387,9 k € | -46.2% | 720,7 k € | +330% | 167,6 k € | +80.7% | 92,8 k € | +76.6% | 52,5 k € | -83.7% | 322,2 k € | +2028% | 15,1 k € | -67.4% | 46,4 k € | -42.2% | 80,3 k € | -28.0% | 111,5 k € | -41.3% | 189,8 k € | +127% | 83,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 5,2 M € | +10.7% | 4,7 M € | +3.5% | 4,6 M € | +7.3% | 4,2 M € | +7.9% | 3,9 M € | +3.5% | 3,8 M € | +9.2% | 3,5 M € | +10.5% | 3,2 M € | +14.0% | 2,8 M € | +35.2% | 2 M € | +8.9% | 1,9 M € | +5.2% | 1,8 M € | +3.0% | 1,7 M € | +22.9% | 1,4 M € | +1.1% | 1,4 M € | +3.4% | 1,3 M € | +6.3% | 1,3 M € | +9.6% | 1,2 M € | +19.6% | 966,6 k € |
| Total assets | 7,5 M € | +0.8% | 7,5 M € | -5.7% | 7,9 M € | +8.6% | 7,3 M € | -14.0% | 8,5 M € | -2.3% | 8,7 M € | +7.3% | 8,1 M € | +16.1% | 7 M € | +38.8% | 5 M € | -26.0% | 6,8 M € | +2.5% | 6,6 M € | +28.5% | 5,2 M € | +9.3% | 4,7 M € | +36.9% | 3,4 M € | +97.4% | 1,7 M € | +12.5% | 1,5 M € | +6.4% | 1,5 M € | +6.0% | 1,4 M € | +16.6% | 1,2 M € |
| Cash | 1,7 M € | +80.4% | 917,9 k € | +347% | 205,4 k € | -60.5% | 520,1 k € | -22.0% | 666,7 k € | +12.4% | 592,9 k € | -45.2% | 1,1 M € | -7.3% | 1,2 M € | +19.8% | 974,2 k € | -25.3% | 1,3 M € | +282% | 341,3 k € | -8.4% | 372,6 k € | -19.8% | 464,3 k € | -20.0% | 580,6 k € | +16.3% | 499,3 k € | +7.1% | 466 k € | +22.8% | 379,6 k € | +347% | 85 k € | -49.1% | 167 k € |
| Debts | 2,3 M € | -16.0% | 2,8 M € | -18.1% | 3,4 M € | +10.4% | 3 M € | -32.9% | 4,5 M € | -6.8% | 4,9 M € | +6.5% | 4,6 M € | +19.9% | 3,8 M € | +69.3% | 2,3 M € | -52.4% | 4,7 M € | -0.2% | 4,7 M € | +40.8% | 3,4 M € | +13.1% | 3 M € | +47.1% | 2 M € | +508% | 332,3 k € | +80.8% | 183,8 k € | +10.3% | 166,6 k € | -16.5% | 199,6 k € | -4.2% | 208,4 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 0,0 ETP | 0,0 ETP | 0,0 ETP | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | ||||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 3 ended
Active mandates
An Vanhees
ActiveJean-Pierre Nulens
ActiveEnded mandates
An Vanhees
EndedJean-Pierre Nulens
EndedJean-Pierre NULENS
EndedAt this address
Other companies at this address
Financials
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 | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 31/03/2026 | 31/03/2025 | 18/03/2024 | 30/03/2023 | 28/03/2022 | 29/03/2021 |
| General meeting | 19/12/2025 | 20/12/2024 | 15/12/2023 | 16/12/2022 | 17/12/2021 | 18/12/2020 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 30/09/2025 | 19/12/2025 | 31/03/2026 | Dutch | |
| Abridged model | 30/09/2024 | 20/12/2024 | 31/03/2025 | Dutch | |
| Abridged model | 30/09/2023 | 15/12/2023 | 18/03/2024 | Dutch | |
| Abridged model | 30/09/2022 | 16/12/2022 | 30/03/2023 | Dutch | |
| Abridged model | 30/09/2021 | 17/12/2021 | 28/03/2022 | Dutch | |
| Abridged model | 30/09/2020 | 18/12/2020 | 29/03/2021 | Dutch | |
| Abridged model | 30/09/2019 | 20/12/2019 | 30/01/2020 | Dutch | |
| Abridged model | 30/09/2018 | 21/12/2018 | 31/01/2019 | Dutch | |
| Abridged model | 30/09/2017 | 15/12/2017 | 09/04/2018 | Dutch | |
| Abridged model | 30/09/2016 | 16/12/2016 | 31/03/2017 | Dutch | |
| Abridged model | 30/09/2015 | 18/12/2015 | 31/03/2016 | Dutch | |
| Abridged model | 30/09/2014 | 19/12/2014 | 31/03/2015 | Dutch | |
| Abridged model | 30/09/2013 | 20/12/2013 | 29/04/2014 | Dutch | |
| Abridged model | 30/09/2012 | 21/12/2012 | 27/02/2013 | Dutch | |
| Abridged model | 30/09/2011 | 16/12/2011 | 30/01/2012 | Dutch | |
| Abridged model | 30/09/2010 | 17/02/2011 | 29/03/2011 | Dutch | |
| Abridged model | 30/09/2009 | 18/12/2009 | 29/01/2010 | Dutch | |
| Abridged model | 30/09/2008 | 19/12/2008 | 27/03/2009 | Dutch | |
| Abridged model | 30/09/2007 | 21/12/2007 | 05/02/2008 | Dutch | |
| Abridged model | 30/09/2006 | 15/12/2006 | 08/01/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 3 ended
Active mandates
An Vanhees
ActiveJean-Pierre Nulens
ActiveEnded mandates
An Vanhees
EndedJean-Pierre Nulens
EndedJean-Pierre NULENS
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025822,1 k €↑
- 2024Annual accounts 2024489,3 k €↓
- 2023Annual accounts 2023696,2 k €↑
- 2022Annual accounts 2022309,8 k €↑
- 2021Annual accounts 2021132,4 k €↓
- 2020Annual accounts 2020320 k €↓
- 2019Annual accounts 2019331,2 k €↓
- 2018Annual accounts 2018387,9 k €↓
- 2017Annual accounts 2017720,7 k €↑
- 2016Annual accounts 2016167,6 k €↑
- 2015Annual accounts 201592,8 k €↑
- 2014Annual accounts 201452,5 k €↓
- 2013Annual accounts 2013322,2 k €↑
- 2012Annual accounts 201215,1 k €↓
- 2011Annual accounts 201146,4 k €↓
- 2010Annual accounts 201080,3 k €↓
- 2009Annual accounts 2009111,5 k €↓
- 2008Annual accounts 2008189,8 k €↑
- 2007Annual accounts 200783,7 k €
- 27/04/1998IncorporationPrivate limited company