ACTIVE

NEK

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Financial year 2025 · Closed on 31/12/2025

Net result432 k €+48,4 %over 1 year

Gross margin931 k €+24,1 %over 1 year

Equity2,4 M €+21,7 %over 1 year

Workforce6,3 ETP-3,1 %over 1 year

Identity

Source · BCE/KBO

NEK is a Private limited company incorporated in 2001. Its main activity is: Sale, maintenance and repair of motorcycles and related parts and accessories. Its registered office is in Couvin. It employs on average 6,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0476.287.321
Incorporation: 11/12/2001
Legal form: Private limited company
Registered office: Route de Nismes, Fra. 7
5660 Couvin · WallonieSee on map
Contributed capital: 22 316,38 €
Latest accounts: 31/12/2025
Average workforce: 6,3 ETP

Activities (NACE)

45402Sale, maintenance and repair of motorcycles and related parts and accessories· main 47830Retail sale via stalls and markets 92621Gambling and betting activities 93121Activities of sports clubs 93121Activities of sports clubs 92623Gambling and betting activities+2

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	931 k €	+24.1%	750,3 k €	+2.1%	734,7 k €	+5.9%	693,5 k €	+4.2%	665,6 k €
EBITDA	563,1 k €	+47.2%	382,6 k €	-10.5%	427,4 k €	-0.5%	429,5 k €	+2.5%	419,2 k €
Operating result	520,5 k €	+53.7%	338,7 k €	-14.0%	393,8 k €	-4.4%	411,8 k €	+3.2%	399 k €
Net result	432 k €	+48.4%	291,1 k €	-5.0%	306,3 k €	-9.5%	338,4 k €	+29.4%	261,5 k €
Balance sheet
Equity	2,4 M €	+21.7%	2 M €	+17.1%	1,7 M €	+12.4%	1,5 M €	+17.8%	1,3 M €
Total assets	3,1 M €	+7.6%	2,8 M €	+2.3%	2,8 M €	+7.2%	2,6 M €	+18.4%	2,2 M €
Cash	321,6 k €	-33.4%	482,7 k €	+97.8%	244 k €	-48.1%	470,2 k €	+60.6%	292,8 k €
Debts	637,8 k €	-25.3%	853,6 k €	-21.0%	1,1 M €	+2.1%	1,1 M €	+19.8%	882,9 k €
Other
Workforce	6,3 ETP	-3.1%	6,5 ETP	+14.0%	5,7 ETP	+14.0%	5,0 ETP	-2.0%	5,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
THIERRY LEPINNE	Mandate

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	02/07/2026	10/07/2025	28/06/2024	29/08/2023	31/08/2022	23/08/2021
General meeting	30/06/2026	24/06/2025	25/06/2024	27/06/2023	28/06/2022	29/06/2021
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	30/06/2026	02/07/2026	French	PDF
Abridged model	31/12/2024	24/06/2025	10/07/2025	French	PDF
Abridged model	31/12/2023	25/06/2024	28/06/2024	French	PDF
Abridged model	31/12/2022	27/06/2023	29/08/2023	French	PDF
Abridged model	31/12/2021	28/06/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	29/06/2021	23/08/2021	French	PDF
Abridged model	31/12/2019	30/06/2020	25/08/2020	French	PDF
Abridged model	31/12/2018	25/06/2019	20/08/2019	French	PDF
Abridged model	31/12/2017	26/06/2018	22/08/2018	French	PDF
Abridged model	31/12/2016	27/06/2017	30/06/2017	French	PDF
Abridged model	31/12/2015	28/06/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	17/07/2015	12/08/2015	French	PDF
Abridged model	31/12/2013	09/08/2014	13/08/2014	French	PDF
Abridged model	31/12/2012	21/08/2013	22/08/2013	French	PDF
Abridged model	31/12/2011	25/08/2012	29/08/2012	French	PDF
Abridged model	31/12/2010	21/06/2011	12/08/2011	French	PDF
Abridged model	31/12/2009	28/06/2010	27/08/2010	French	PDF
Abridged model	31/12/2008	25/09/2009	29/09/2009	French	PDF
Abridged model	31/12/2007	27/08/2008	29/08/2008	French	PDF
Abridged model	31/12/2006	20/09/2007	21/09/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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

1 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
THIERRY LEPINNE	Mandate

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/04/2024
MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates06/05/2016
DEMISSIONS, NOMINATIONS
PDF
Restructuring29/03/2012
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring30/03/2011
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
PDF
Capital / shares25/11/2004
OBJET - ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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

THIERRY LEPINNE

20012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

NEK

Route de Nismes, Fra. 7, 5660 CouvinRue de Lennery(Wal) 25, 5650 Walcourt

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Route de Nismes, Fra. 7, 5660 CouvinCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00241851
Rue de Lennery(Wal) 25, 5650 Walcourt	accounts 2021 → 2023	Accounts 2023 · 2024-00180103

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
NEKCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00241851

Events

2025
Annual accounts 2025432 k €↑
2024
Annual accounts 2024291,1 k €↓
2023
Annual accounts 2023306,3 k €↓
2022
Annual accounts 2022338,4 k €↑
2021
Annual accounts 2021261,5 k €↑
2020
Annual accounts 2020197,1 k €↓
2019
Annual accounts 2019205,6 k €↑
2018
Annual accounts 2018186,3 k €↑
2017
Annual accounts 2017119,5 k €↑
2016
Annual accounts 2016110,4 k €↑
2015
Annual accounts 201550,8 k €↓
2014
Annual accounts 201477,4 k €↑
2013
Annual accounts 201316,3 k €↑
2012
Annual accounts 2012-1,9 k €↓
2011
Annual accounts 201113,3 k €↑
2010
Annual accounts 2010-6 k €↓
2009
Annual accounts 200910,2 k €↑
2008
Annual accounts 2008-2,4 k €↑
2007
Annual accounts 2007-12,7 k €↓
2006
Annual accounts 20061,9 k €
11/12/2001
IncorporationPrivate limited company

NEK

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