ACTIVE

NRX

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Financial year 2025 · closed on 30/09/2025
Net result
287,6 k €
-12.8% YoY
Gross margin
166,9 k €
-16.4% YoY
Equity
2,7 M €
+8.5% YoY
Workforce
0,0 ETP

What does NRX do?

NRX is a Private limited company incorporated in 1999. Its registered office is in Sint-Martens-Latem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0466.320.768
Incorporation
18/06/1999
Legal form
Private limited company
Registered office
Grote Moortel 7
9830 Sint-Martens-Latem · FlandreSee on map
Contributed capital
765 312,66 €
Latest accounts
30/09/2025
Average workforce
0,0 ETP
Joint committees (2)
  • 30502
  • 330
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202020192018201620152014201320102009200820072006
Income statement
Gross margin166,9 k €199,7 k €-5,5 k €110,6 k €-115,8 k €96,4 k €63,1 k €420,2 k €122,3 k €150,1 k €262,7 k €320,9 k €411 k €507,9 k €329,6 k €335,8 k €
EBITDA163,9 k €194,9 k €-7,1 k €107,2 k €-132,5 k €41,3 k €7,4 k €258,8 k €45 k €63,8 k €154,7 k €195,4 k €291 k €419,9 k €286,8 k €314,7 k €
Operating result159 k €190 k €-12,1 k €98,3 k €-137,3 k €41 k €7,1 k €242,5 k €27,5 k €56,1 k €129,9 k €1,5 k €71,8 k €296,4 k €99,6 k €178,4 k €
Net result287,6 k €329,7 k €82,3 k €177,6 k €-105,2 k €36,6 k €35,7 k €200,8 k €19,6 k €45,2 k €101,7 k €16,4 k €415,3 k €68,5 k €120,6 k €114,6 k €
Balance sheet
Equity2,7 M €2,5 M €2,2 M €2,1 M €1,9 M €2 M €2 M €567,7 k €366,9 k €347,3 k €302,1 k €1,5 M €1,4 M €1 M €957,8 k €837,2 k €
Total assets6,2 M €5,4 M €4,3 M €11,2 M €9 M €6,7 M €7,4 M €630,2 k €653,1 k €649,3 k €588,4 k €5,7 M €4,9 M €4,1 M €4,4 M €1,4 M €
Cash9,3 k €6,1 k €4,3 k €1 M €432,7 k €7 k €257,1 k €3,3 k €6,7 k €120,8 €3,7 k €2,9 k €7,2 k €32,7 k €71 k €34,8 k €
Debts3,4 M €2,7 M €2,1 M €9 M €7 M €4,6 M €5,2 M €27,9 k €285 k €15,8 k €13,6 k €3,8 M €2,9 M €2,7 M €3,2 M €395 k €
Other
Workforce0,0 ETP0,0 ETP––0,8 ETP0,9 ETP1,0 ETP1,7 ETP1,7 ETP1,9 ETP2,7 ETP2,7 ETP2,7 ETP1,9 ETP1,0 ETP0,1 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 30/09/2025 · 2 active · 14 ended

Active mandates

Robert Baeyens

Director · since 09 novembre 2021

Active
SERVICE PARTNERS

Director · since 09 novembre 2021 · 0424.726.871

Represented by Claudine Vanhollebeke

Active

Ended mandates

SERVICE PARTNERS

Director · since 09 novembre 2021 · 0424.726.871

Represented by Claudine VANHOLLEBEKE

Ended
Robert Baeyens

Director · since 27 novembre 2017

Ended
Robert Baeyens

Manager · since 27 novembre 2017

Ended
SERVICE PARTNERS

Director · since 27 novembre 2017 · 0424.726.871

Represented by Claudine Vanhollebeke

Ended
At this address

Other companies at this address

CompanyCBE no.
Harmony● Active
0733.866.267
SERVICE PARTNERS● Active
0424.726.871
WCIF● Active
0463.050.383
Annual accounts

Full financial information

202520242023202220202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/01/202101/01/202001/01/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202231/12/202031/12/2019
Length of the financial year12 months12 months12 months21 months12 months12 months
Filing date19/02/202604/04/202530/04/202428/04/202329/06/202124/09/2020
General meeting19/01/202605/03/202506/03/202401/03/202302/06/202131/08/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202519/01/202619/02/2026DutchPDF
Abridged model30/09/202405/03/202504/04/2025DutchPDF
Abridged model30/09/202306/03/202430/04/2024DutchPDF
Abridged model30/09/202201/03/202328/04/2023DutchPDF
Abridged model31/12/202002/06/202129/06/2021DutchPDF
Abridged model31/12/201931/08/202024/09/2020DutchPDF
Abridged model31/12/201805/06/201922/08/2019DutchPDF
Abridged model31/12/201706/06/201801/08/2018DutchPDF
Abridged modelCorrection31/12/201607/06/201706/10/2017DutchPDF
Abridged model31/12/201607/06/201730/08/2017DutchPDF
Abridged model31/01/201531/07/201531/08/2015DutchPDF
Abridged model31/01/201404/06/201412/06/2014DutchPDF
Abridged model31/01/201305/06/201328/06/2013DutchPDF
Abridged model31/01/201206/06/201221/09/2012DutchPDF
Abridged model31/12/201001/06/201101/07/2011DutchPDF
Abridged model31/12/200902/06/201019/07/2010DutchPDF
Abridged model31/12/200803/06/200906/07/2009DutchPDF
Abridged model31/12/200704/06/200829/08/2008DutchPDF
Abridged model31/12/200606/06/200714/06/2007DutchPDF
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 30/09/2025 · 2 active · 14 ended

Active mandates

Robert Baeyens

Director · since 09 novembre 2021

Active
SERVICE PARTNERS

Director · since 09 novembre 2021 · 0424.726.871

Represented by Claudine Vanhollebeke

Active

Ended mandates

SERVICE PARTNERS

Director · since 09 novembre 2021 · 0424.726.871

Represented by Claudine VANHOLLEBEKE

Ended
Robert Baeyens

Director · since 27 novembre 2017

Ended
Robert Baeyens

Manager · since 27 novembre 2017

Ended
SERVICE PARTNERS

Director · since 27 novembre 2017 · 0424.726.871

Represented by Claudine Vanhollebeke

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring23/07/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates01/12/2021
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates15/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/12/2017
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring05/07/2017
    BENAMING - DOEL - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring09/05/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office05/02/2016
    MAATSCHAPPELIJKE ZETEL - BOEKJAAR
    PDF
  • Mandates24/09/2013
    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

Timeline

  1. 2025
    Annual accounts 2025287,6 k €↓
  2. 2024
    Annual accounts 2024329,7 k €↑
  3. 2023
    Annual accounts 202382,3 k €↓
  4. 2022
    Annual accounts 2022177,6 k €↑
  5. 2020
    Annual accounts 2020-105,2 k €↓
  6. 2019
    Annual accounts 201936,6 k €↑
  7. 2018
    Annual accounts 201835,7 k €↓
  8. 2016
    Annual accounts 2016200,8 k €↑
  9. 2015
    Annual accounts 201519,6 k €↓
  10. 2014
    Annual accounts 201445,2 k €↓
  11. 2013
    Annual accounts 2013101,7 k €↑
  12. 2010
    Annual accounts 201016,4 k €↓
  13. 2009
    Annual accounts 2009415,3 k €↑
  14. 2008
    Annual accounts 200868,5 k €↓
  15. 2007
    Annual accounts 2007120,6 k €↑
  16. 2006
    Annual accounts 2006114,6 k €
  17. 18/06/1999
    IncorporationPrivate limited company