ACTIVE

NC+

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Financial year 2025 · Closed on 31/12/2025

Net result463,2 k €+143,7 %over 1 year

Gross margin2,3 M €+27,2 %over 1 year

Equity1,3 M €+7,4 %over 1 year

Workforce21,6 ETP+3,8 %over 1 year

Identity

Source · BCE/KBO

NC+ is a Public limited company incorporated in 1998. Its main activity is: Manufacture of electronic components. Its registered office is in Welkenraedt. It employs on average 21,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0464.910.706
Incorporation: 18/12/1998
Legal form: Public limited company
Registered office: Rue du Progrès 26
4841 Welkenraedt · WallonieSee on map
Contributed capital: 300 080,00 €
Latest accounts: 31/12/2025
Average workforce: 21,6 ETP

Activities (NACE)

26110Manufacture of electronic components· main 26110Manufacture of electronic components 43211Electrical installation 43211Electrical installation 43211Electrical installation 43211Electrical installation

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,3 M €	+27.2%	1,8 M €	+7.3%	1,7 M €	+31.1%	1,3 M €	-11.9%	1,5 M €
EBITDA	827,2 k €	+79.5%	460,9 k €	+29.7%	355,3 k €	+63.4%	217,4 k €	-47.6%	415,3 k €
Operating result	675,7 k €	+112%	319,3 k €	+65.8%	192,6 k €	+95.2%	98,7 k €	-61.4%	255,3 k €
Net result	463,2 k €	+144%	190,1 k €	+68.1%	113 k €	+116%	52,3 k €	-64.7%	147,9 k €
Balance sheet
Equity	1,3 M €	+7.4%	1,2 M €	+3.9%	1,2 M €	+5.5%	1,1 M €	+4.4%	1 M €
Total assets	3,7 M €	+4.7%	3,5 M €	+1.3%	3,5 M €	+10.5%	3,1 M €	+5.4%	3 M €
Cash	321,2 k €	-12.0%	364,9 k €	+861%	38 k €	-75.3%	154 k €	-34.5%	235,2 k €
Debts	2,3 M €	+3.2%	2,2 M €	-0.1%	2,2 M €	+12.1%	2 M €	+7.7%	1,9 M €
Other
Workforce	21,6 ETP	+3.8%	20,8 ETP	-1.4%	21,1 ETP	+11.1%	19,0 ETP	-7.8%	20,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Stéphane NISSEN	Director27/01/2011 → 19/12/2029
Valérie SEPTROUX	Director27/01/2011 → 19/12/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Pierre Borgs	Managing director21/05/2007 → 2010 accounts
Maryna Tynjans'ka	Director21/05/2007 → 2010 accounts

Full financial information

Source · NBB

	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	21/09/2026	31/07/2025	31/07/2024	31/07/2023	31/08/2022	30/07/2021
General meeting	06/09/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	06/09/2026	21/09/2026	French	PDF
Abridged model	31/12/2024	06/06/2025	31/07/2025	French	PDF
Abridged model	31/12/2023	07/06/2024	31/07/2024	French	PDF
Abridged model	31/12/2022	02/06/2023	31/07/2023	French	PDF
Abridged model	31/12/2021	03/06/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	04/06/2021	30/07/2021	French	PDF
Abridged model	31/12/2019	05/06/2020	19/08/2020	French	PDF
Abridged model	31/12/2018	07/06/2019	22/07/2019	French	PDF
Abridged model	31/12/2017	01/06/2018	09/07/2018	French	PDF
Abridged model	31/12/2016	02/06/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	03/06/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	05/06/2015	06/07/2015	French	PDF
Abridged model	31/12/2013	06/06/2014	04/09/2014	French	PDF
Abridged model	31/12/2012	07/06/2013	19/08/2013	French	PDF
Abridged model	31/12/2011	01/06/2012	30/08/2012	French	PDF
Abridged model	31/12/2010	27/01/2011	06/05/2011	French	PDF
Abridged model	31/12/2009	04/06/2010	04/08/2010	French	PDF
Abridged model	31/12/2008	05/06/2009	15/07/2009	French	PDF
Abridged model	31/12/2007	06/06/2008	05/08/2008	French	PDF
Abridged model	31/12/2006	01/06/2007	09/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Stéphane NISSEN	Director27/01/2011 → 19/12/2029
Valérie SEPTROUX	Director27/01/2011 → 19/12/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Pierre Borgs	Managing director21/05/2007 → 2010 accounts
Maryna Tynjans'ka	Director21/05/2007 → 2010 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates28/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Registered office15/05/2018
SIEGE SOCIAL
PDF
Capital / shares18/04/2017
MODIFICATIONS STATUTAIRES - AUGMENTATION DE CAPITAL É
PDF
Mandates10/12/2014
CHANGEMENT DE LA DÉNOMINATION ET DU SIÈGE SOCIAL
PDF
Mandates07/04/2011
DENOMINATION - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates23/03/2011
DEMISSIONS, NOMINATIONS
PDF
Mandates20/05/2009
Démission et nomination d'administrateur délégué
PDF
Capital / shares13/09/2007
OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Stéphane NISSEN

Valérie SEPTROUX

Jean-Pierre BORGS

Maryna TYNJANS'KA

CEFAC

19981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

NC+

Rue du Progrès 26, 4841 Henri-Chapelle

Director

Managing directorDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue du Progrès 26, 4841 Henri-ChapelleCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00525005

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
NC+Current	accounts 2021 → 2025	Accounts 2025 · 2026-00525005

Events

2025
Annual accounts 2025463,2 k €↑
2024
Annual accounts 2024190,1 k €↑
2023
Annual accounts 2023113 k €↑
2022
Annual accounts 202252,3 k €↓
2021
Annual accounts 2021147,9 k €↑
2020
Annual accounts 2020146,3 k €↑
2019
Annual accounts 2019136,4 k €↓
2018
Annual accounts 2018168,9 k €↑
2017
Annual accounts 201797,9 k €↑
2016
Annual accounts 201656 k €↑
2015
Annual accounts 201552,3 k €↓
2014
Annual accounts 201457,9 k €↑
2013
Annual accounts 20136 k €↑
2012
Annual accounts 2012-6,5 k €↓
2011
Annual accounts 2011-1,2 k €↓
2010
Annual accounts 20103 k €↑
2009
Annual accounts 20091,1 k €↑
2008
Annual accounts 2008-2,3 k €↓
2007
Annual accounts 20075,9 k €↑
2006
Annual accounts 2006-2,5 k €
18/12/1998
IncorporationPublic limited company

NC+

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline

Registered offices

Company names

Events