ACTIVE

NITICO

Financial year 2024 · Closed on 31/12/2024

Net result209,7 k €+42,6 %over 1 year

Gross margin466,6 k €+26,9 %over 1 year

Equity1,4 M €+18,0 %over 1 year

Identity

Source · BCE/KBO

NITICO is a Private limited company incorporated in 2002. Its main activity is: Activities of holding companies. Its registered office is in Hasselt.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0478.560.881
Incorporation: 14/10/2002
Legal form: Private limited company
Registered office: Rootstraat 93
3510 Hasselt · FlandreSee on map
Contributed capital: 288 600,00 €
Latest accounts: 31/12/2024

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74151Specialised design activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2024		2023		2022		2021		2020
Income statement
Gross margin	466,6 k €	+26.9%	367,6 k €	-8.5%	401,9 k €	+19.5%	336,4 k €	+16.8%	288 k €
EBITDA	461,1 k €	+28.4%	359,1 k €	-8.8%	393,8 k €	+22.8%	320,8 k €	+17.6%	272,7 k €
Operating result	318,6 k €	+42.6%	223,4 k €	-17.1%	269,5 k €	+28.1%	210,4 k €	+20.6%	174,6 k €
Net result	209,7 k €	+42.6%	147 k €	-20.0%	183,7 k €	+33.9%	137,2 k €	+12.5%	122 k €
Balance sheet
Equity	1,4 M €	+18.0%	1,2 M €	+14.4%	1 M €	+21.9%	830,7 k €	+19.5%	695,1 k €
Total assets	2,6 M €	+3.5%	2,5 M €	+2.3%	2,4 M €	+11.9%	2,2 M €	+24.2%	1,7 M €
Cash	5,4 k €	-70.3%	18,3 k €	-36.9%	29 k €	+45.1%	20 k €	-77.9%	90,5 k €
Debts	1,2 M €	-9.4%	1,3 M €	-6.4%	1,4 M €	+5.6%	1,3 M €	+27.3%	1 M €
Other
Workforce	–		–		–		–		–

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 31/12/2024

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JOHAN PAENHUYSEN	Directorsince 10/10/2002Manager10/10/2002 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JOHAN GERMAIN PAENHUYSEN	Manager2008 accounts

Other companies at this address

Rootstraat 93 3510 Hasselt

Company	CBE no.
CEILING SYSTEMS● Active	0437.953.317
COPATECH● Active	0889.729.530
C.S.I. CONSTRUCT● Active	0862.428.879

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2025	31/08/2024	31/08/2023	21/08/2022	31/08/2021	26/08/2020
General meeting	20/06/2025	20/06/2024	15/06/2023	16/06/2022	17/06/2021	18/06/2020
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	20/06/2025	31/08/2025	Dutch	PDF
Abridged model	31/12/2023	20/06/2024	31/08/2024	Dutch	PDF
Abridged model	31/12/2022	15/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	16/06/2022	21/08/2022	Dutch	PDF
Abridged model	31/12/2020	17/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	18/06/2020	26/08/2020	Dutch	PDF
Abridged model	31/12/2018	20/06/2019	23/08/2019	Dutch	PDF
Abridged model	31/12/2017	19/06/2018	30/08/2018	Dutch	PDF
Abridged model	31/12/2016	15/06/2017	25/08/2017	Dutch	PDF
Abridged model	31/12/2015	16/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	18/06/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	19/06/2014	25/07/2014	Dutch	PDF
Abridged model	31/12/2012	20/06/2013	17/07/2013	Dutch	PDF
Abridged model	31/12/2011	21/06/2012	28/08/2012	Dutch	PDF
Abridged model	31/12/2010	16/06/2011	10/08/2011	Dutch	PDF
Abridged model	31/12/2009	17/06/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	18/06/2009	20/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	19/08/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	21/08/2007	Dutch	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 31/12/2024

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JOHAN PAENHUYSEN	Directorsince 10/10/2002Manager10/10/2002 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JOHAN GERMAIN PAENHUYSEN	Manager2008 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates16/07/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office29/04/2025
MAATSCHAPPELIJKE ZETEL
PDF
Registered office18/01/2023
MAATSCHAPPELIJKE ZETEL
PDF
Registered office12/05/2021
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares21/05/2014
KAPITAALVERHOGING - STATUTENWIJZIGINGEN
PDF
Registered office13/11/2013
wijziging maatschappelijke zetel
PDF
Other21/10/2002
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

Filings19 filings

Mandates

JOHAN PAENHUYSEN

JOHAN GERMAIN PAENHUYSEN

2002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

NITICO

Tiensesteenweg 60 bte 1, 3360 BierbeekROOTSTRAAT 93 bte 4, 3510 Kermt

DirectorManager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rootstraat 93, 3510 KermtCurrent		CBE
Tiensesteenweg 60 bte 1, 3360 Bierbeek	accounts 2023 → 2024	Accounts 2024 · 2025-00477101
ROOTSTRAAT 93 bte 4, 3510 Kermt	accounts 2021 → 2022	Accounts 2022 · 2023-00413058

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
NITICOCurrent	accounts 2021 → 2024	Accounts 2024 · 2025-00477101

Events

2024
Annual accounts 2024209,7 k €↑
2023
Annual accounts 2023147 k €↓
2022
Annual accounts 2022183,7 k €↑
2021
Annual accounts 2021137,2 k €↑
2020
Annual accounts 2020122 k €↑
2019
Annual accounts 201972,8 k €↓
2018
Annual accounts 201890,6 k €↑
2017
Annual accounts 201735,8 k €↓
2016
Annual accounts 201640,4 k €↑
2015
Annual accounts 201528,9 k €↑
2014
Annual accounts 2014-17,6 k €↓
2013
Annual accounts 201326,3 k €↑
2012
Annual accounts 20126,3 k €↓
2011
Annual accounts 201119,4 k €↓
2010
Annual accounts 201053,9 k €↓
2009
Annual accounts 200964,5 k €↑
2008
Annual accounts 200849,3 k €↓
2007
Annual accounts 200758,9 k €↑
2006
Annual accounts 200629,6 k €
14/10/2002
IncorporationPrivate limited company

NITICO

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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