ACTIVE

NBN

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Financial year 2025 · closed on 31/12/2025
Net result
2,2 k €
+175.5% YoY
Gross margin
47,5 k €
+4.4% YoY
Equity
327,2 k €
+0.7% YoY

What does NBN do?

NBN is a Public limited company incorporated in 2000. Its registered office is in Namur.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0471.700.805
Incorporation
14/04/2000
Legal form
Public limited company
Registered office
Avenue d'Ecolys(RH) 2 box 9
5020 Namur · WallonieSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
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 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin47,5 k €45,5 k €54,8 k €27,3 k €34,1 k €34,2 k €29,8 k €35,9 k €43,3 k €46,2 k €69,4 k €50,3 k €61,7 k €53 k €43,2 k €22,4 k €-14,4 k €-22,9 k €-548,5 €
EBITDA35,6 k €34,1 k €41 k €17,1 k €26,5 k €15,6 k €20,2 k €26,6 k €34,1 k €45,2 k €60,3 k €41,1 k €52,6 k €44,2 k €34,4 k €16,5 k €-18,7 k €-23,4 k €-983,3 €
Operating result11,5 k €10 k €10,8 k €-7,1 k €5,7 k €-5,8 k €-1,6 k €4,8 k €12,3 k €23,4 k €39,7 k €21 k €20,1 k €11,8 k €1,9 k €-11,2 k €-45,6 k €-23,4 k €-983,3 €
Net result2,2 k €-2,9 k €-3,7 k €-7,1 k €2,5 k €-5,5 k €-2,9 k €2,7 k €8,5 k €17,9 k €51,6 k €30 k €27,5 k €11,5 k €-1,1 k €-7,5 k €-31,8 k €-6,8 k €14,9 k €
Balance sheet
Equity327,2 k €325 k €327,9 k €331,6 k €338,8 k €318,4 k €323,8 k €326,8 k €324,1 k €315,6 k €297,7 k €246,1 k €216,4 k €188,8 k €177,3 k €178,4 k €185,9 k €217,7 k €224,5 k €
Total assets612,1 k €652,7 k €696,3 k €760,6 k €830,1 k €826,8 k €870,3 k €902,9 k €932,6 k €981,8 k €998,1 k €970,4 k €974,9 k €980,6 k €900,5 k €926,3 k €908,9 k €327,4 k €331 k €
Cash4,4 k €14,4 k €4 k €9,5 k €4,9 k €1,6 k €4,7 k €3,5 k €2,9 k €5,3 k €1,6 k €4 k €3,4 k €9,9 k €1,9 k €2,9 k €936,2 €247,8 €4,2 k €
Debts245,6 k €285,7 k €323,8 k €375,5 k €436,2 k €440,7 k €472,1 k €502 k €531,3 k €582,2 k €595,9 k €625,7 k €664,8 k €694,8 k €622,7 k €644,2 k €620 k €–298,5 €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 29 ended

Active mandates

de Sauvage Charles-Edmond

Mandate

Active
de Sauvage Paul

Mandate

Active
MAJE FINANCE

Mandate · 0694.992.726

Represented by Jehin Maxime

Active

Ended mandates

ANTIQUITES ACHAT - VENTE

Director · since 26 février 2018 · until 21 mars 2024 · 0463.017.622

Represented by Benoît de Sauvage

Ended
Etablissements Auguste Defoux

Director · since 26 février 2018 · until 21 mars 2024 · 0401.385.208

Represented by Paul de Sauvage

Ended
SACOFI

Managing director · since 26 février 2018 · until 21 mars 2024 · 0471.614.790

Represented by Paul de Sauvage

Ended
ANTIQUITES ACHAT - VENTE

Director · since 15 mars 2012 · until 31 mars 2018 · 0463.017.622

Represented by Benoit de Sauvage

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/10/202201/10/202101/10/202001/10/2019
Closing of the financial year31/12/202531/12/202431/12/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months15 months12 months12 months12 months
Filing date30/08/202626/08/202530/08/202404/04/202331/03/202228/04/2021
General meeting30/06/202625/06/202528/06/202416/03/202317/03/202218/03/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202630/08/2026FrenchPDF
Abridged model31/12/202425/06/202526/08/2025FrenchPDF
Abridged model31/12/202328/06/202430/08/2024FrenchPDF
Abridged model30/09/202216/03/202304/04/2023FrenchPDF
Abridged model30/09/202117/03/202231/03/2022FrenchPDF
Abridged model30/09/202018/03/202128/04/2021FrenchPDF
Abridged model30/09/201928/02/202023/03/2020FrenchPDF
Abridged model30/09/201827/02/201921/03/2019FrenchPDF
Abridged model30/09/201726/02/201813/03/2018FrenchPDF
Abridged model30/09/201627/02/201728/02/2017FrenchPDF
Abridged model30/09/201518/03/201630/03/2016FrenchPDF
Abridged model30/09/201419/03/201527/03/2015FrenchPDF
Abridged model30/09/201320/03/201402/04/2014FrenchPDF
Abridged model30/09/201221/03/201304/04/2013FrenchPDF
Abridged model30/09/201115/03/201220/03/2012FrenchPDF
Abridged model30/09/201017/03/201121/03/2011FrenchPDF
Abridged model30/09/200918/03/201019/03/2010FrenchPDF
Abridged model30/09/200819/03/200920/03/2009FrenchPDF
Abridged model30/09/200720/03/200816/07/2008FrenchPDF
Abridged model30/09/200615/03/200727/03/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 3 active · 29 ended

Active mandates

de Sauvage Charles-Edmond

Mandate

Active
de Sauvage Paul

Mandate

Active
MAJE FINANCE

Mandate · 0694.992.726

Represented by Jehin Maxime

Active

Ended mandates

ANTIQUITES ACHAT - VENTE

Director · since 26 février 2018 · until 21 mars 2024 · 0463.017.622

Represented by Benoît de Sauvage

Ended
Etablissements Auguste Defoux

Director · since 26 février 2018 · until 21 mars 2024 · 0401.385.208

Represented by Paul de Sauvage

Ended
SACOFI

Managing director · since 26 février 2018 · until 21 mars 2024 · 0471.614.790

Represented by Paul de Sauvage

Ended
ANTIQUITES ACHAT - VENTE

Director · since 15 mars 2012 · until 31 mars 2018 · 0463.017.622

Represented by Benoit de Sauvage

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/06/2023
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates28/09/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/04/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/04/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/10/2006
    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

Timeline

  1. 2025
    Annual accounts 20252,2 k €↑
  2. 2024
    Annual accounts 2024-2,9 k €↑
  3. 2023
    Annual accounts 2023-3,7 k €↑
  4. 2022
    Annual accounts 2022-7,1 k €↓
  5. 2021
    Annual accounts 20212,5 k €↑
  6. 2020
    Annual accounts 2020-5,5 k €↓
  7. 2019
    Annual accounts 2019-2,9 k €↓
  8. 2018
    Annual accounts 20182,7 k €↓
  9. 2017
    Annual accounts 20178,5 k €↓
  10. 2016
    Annual accounts 201617,9 k €↓
  11. 2015
    Annual accounts 201551,6 k €↑
  12. 2014
    Annual accounts 201430 k €↑
  13. 2013
    Annual accounts 201327,5 k €↑
  14. 2012
    Annual accounts 201211,5 k €↑
  15. 2011
    Annual accounts 2011-1,1 k €↑
  16. 2010
    Annual accounts 2010-7,5 k €↑
  17. 2009
    Annual accounts 2009-31,8 k €↓
  18. 2008
    Annual accounts 2008-6,8 k €↓
  19. 2007
    Annual accounts 200714,9 k €
  20. 14/04/2000
    IncorporationPublic limited company