ACTIVE

NO-ERA

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Financial year 2025 · closed on 31/12/2025

Net result

4,5 k €

+178.9% YoY

Gross margin

26,1 k €

+4.4% YoY

Equity

-18,5 k €

+19.5% YoY

What does NO-ERA do?

NO-ERA is a Private limited company incorporated in 2002. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Eeklo.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0478.601.166

Incorporation

17/10/2002

Legal form

Private limited company

Registered office

Boelare 54
9900 Eeklo · FlandreSee on map

Contributed capital

15 320,00 €

Latest accounts

31/12/2025

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate 74201Photographic activities 74201Photographic activities 85599Other education n.e.c.85599Other education n.e.c.+2

Signals

ProfitablePositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	26,1 k €	+4.4%	25 k €	+15.6%	21,6 k €	-21.3%	27,5 k €	+20.1%	22,9 k €	-3.1%	23,6 k €	+10.2%	21,4 k €	+3.3%	20,8 k €	+45.9%	14,2 k €	+5.1%	13,5 k €	-58.5%	32,6 k €	+16.8%	27,9 k €	-20.8%	35,3 k €	+7.2%	32,9 k €	-11.8%	37,3 k €	-4.7%	39,1 k €	+9.1%	35,9 k €	+10.5%	32,5 k €	+25.9%	25,8 k €
EBITDA	22 k €	+6.6%	20,7 k €	+14.0%	18,1 k €	-25.2%	24,3 k €	+8.2%	22,4 k €	-2.5%	23 k €	+9.8%	21 k €	+19.9%	17,5 k €	+70.1%	10,3 k €	+4.7%	9,8 k €	-66.4%	29,2 k €	+20.4%	24,3 k €	-23.4%	31,6 k €	+9.1%	29 k €	-15.6%	34,4 k €	-5.4%	36,3 k €	+9.7%	33,1 k €	+10.9%	29,9 k €	+26.2%	23,7 k €
Operating result	6,1 k €	+41.1%	4,3 k €	+220%	1,4 k €	-80.5%	7 k €	+81.3%	3,8 k €	-24.6%	5,1 k €	+107%	2,5 k €	+280%	-1,4 k €	+84.1%	-8,6 k €	-2.6%	-8,3 k €	-175%	11,2 k €	+68.0%	6,7 k €	-54.1%	14,5 k €	+17.2%	12,4 k €	-33.1%	18,5 k €	-10.9%	20,7 k €	+13.8%	18,2 k €	+15.9%	15,7 k €	+63.5%	9,6 k €
Net result	4,5 k €	+179%	1,6 k €	+152%	-3,1 k €	-240%	2,2 k €	+222%	-1,8 k €	-41.1%	-1,3 k €	+72.7%	-4,7 k €	+49.4%	-9,4 k €	+45.9%	-17,3 k €	+3.4%	-17,9 k €	-4241%	433,2 €	+114%	-3,1 k €	-178%	4 k €	+322%	-1,8 k €	-128%	6,4 k €	-21.3%	8,1 k €	+70.6%	4,7 k €	+135%	2 k €	+128%	-7,3 k €
Balance sheet
Equity	-18,5 k €	+19.5%	-23 k €	+6.5%	-24,6 k €	-14.6%	-21,5 k €	+9.4%	-23,7 k €	-8.3%	-21,9 k €	-6.3%	-20,6 k €	-29.9%	-15,9 k €	-144%	-6,5 k €	-160%	10,8 k €	-62.4%	28,8 k €	+1.5%	28,3 k €	-9.9%	31,5 k €	+14.7%	27,4 k €	-6.2%	29,2 k €	+27.8%	22,9 k €	+54.6%	14,8 k €	+47.1%	10,1 k €	+25.1%	8 k €
Total assets	25,1 k €	-39.6%	41,6 k €	-30.5%	59,8 k €	-25.7%	80,6 k €	-7.6%	87,3 k €	-20.6%	109,9 k €	+5.3%	104,4 k €	-16.0%	124,3 k €	-19.7%	154,9 k €	-14.8%	181,9 k €	-14.8%	213,5 k €	-5.4%	225,8 k €	-6.2%	240,6 k €	-1.8%	245,1 k €	-4.3%	256,1 k €	-1.7%	260,6 k €	-1.4%	264,4 k €	-1.6%	268,8 k €	-0.8%	271,1 k €
Cash	1,5 k €	-25.0%	2 k €	+189%	679,8 €	-75.4%	2,8 k €	+2232%	118,6 €	-91.7%	1,4 k €	+219%	444,8 €	+316%	107 €	-48.6%	208,3 €	-96.4%	5,7 k €	-61.1%	14,8 k €	+271%	4 k €	-63.7%	11 k €	-20.1%	13,7 k €	-30.3%	19,7 k €	+82.7%	10,8 k €	+356%	2,4 k €	-55.8%	5,4 k €		–
Debts	43,7 k €	-32.4%	64,6 k €	-23.5%	84,5 k €	-17.3%	102,1 k €	-7.4%	110,3 k €	-16.3%	131,9 k €	+5.5%	125 k €	-10.8%	140,2 k €	-13.1%	161,4 k €	-5.7%	171,1 k €	-7.4%	184,8 k €	-6.4%	197,5 k €	-5.6%	209,2 k €	-3.9%	217,7 k €	-4.0%	226,8 k €	-4.6%	237,7 k €	-4.8%	249,6 k €	-2.8%	256,9 k €	-2.3%	263,1 k €

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 · 2 active · 4 ended

Active mandates

Jo Permentier

Director · since 26 mars 2007

Active

Sven Bauwens

Director · since 26 mars 2007

Active

Ended mandates

Jo Permentier

Director

Ended

Jo Permentier

Manager

Ended

Sven Bauwens

Director

Ended

Sven Bauwens

Manager

Ended

At this address

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STUDIO PISTACHE● Active	0882.524.410

Annual accounts

Full financial information

	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	27/08/2026	18/08/2025	12/08/2024	29/06/2023	20/06/2022	29/06/2021
General meeting	27/08/2026	23/07/2025	16/07/2024	16/06/2023	17/06/2022	18/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/08/2026	27/08/2026	Dutch	PDF
Abridged model	31/12/2024	23/07/2025	18/08/2025	Dutch	PDF
Abridged model	31/12/2023	16/07/2024	12/08/2024	Dutch	PDF
Abridged model	31/12/2022	16/06/2023	29/06/2023	Dutch	PDF
Abridged model	31/12/2021	17/06/2022	20/06/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	29/06/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	20/07/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	19/07/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	13/08/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	17/08/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	18/07/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	17/07/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	16/07/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	23/07/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	23/06/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	24/06/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	15/07/2008	Dutch	PDF

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 · 2 active · 4 ended

Active mandates

Jo Permentier

Director · since 26 mars 2007

Active

Sven Bauwens

Director · since 26 mars 2007

Active

Ended mandates

Jo Permentier

Director

Ended

Jo Permentier

Manager

Ended

Sven Bauwens

Director

Ended

Sven Bauwens

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/01/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office10/04/2007
WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ALGEMENE VERGADERING
PDF
Other05/07/2006
DOEL
PDF
Mandates03/06/2005
ONTSLAGEN - BENOEMINGEN
PDF
Other24/10/2002
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2025
Annual accounts 20254,5 k €↑
2024
Annual accounts 20241,6 k €↑
2023
Annual accounts 2023-3,1 k €↓
2022
Annual accounts 20222,2 k €↑
2021
Annual accounts 2021-1,8 k €↓
2020
Annual accounts 2020-1,3 k €↑
2019
Annual accounts 2019-4,7 k €↑
2018
Annual accounts 2018-9,4 k €↑
2017
Annual accounts 2017-17,3 k €↑
2016
Annual accounts 2016-17,9 k €↓
2015
Annual accounts 2015433,2 €↑
2014
Annual accounts 2014-3,1 k €↓
2013
Annual accounts 20134 k €↑
2012
Annual accounts 2012-1,8 k €↓
2011
Annual accounts 20116,4 k €↓
2010
Annual accounts 20108,1 k €↑
2009
Annual accounts 20094,7 k €↑
2008
Annual accounts 20082 k €↑
2007
Annual accounts 2007-7,3 k €
17/10/2002
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

NO-ERA

Overview

What does NO-ERA do?

Trend over 19 financial years

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