NELARO
0480.258.876 · rovalta.com · 23/09/2026
ACTIVE
NELARO
Financial year 2025 · closed on 31/12/2025
Net result
27,9 k €
-40.9% YoY
Gross margin
136,4 k €
+2.2% YoY
Equity
1,4 M €
+2.0% YoY
Overview
What does NELARO do?
NELARO is a Public limited company incorporated in 2003. Its registered office is in Aalst.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0480.258.876
Incorporation
20/05/2003
Legal form
Public limited company
Registered office
Kwalestraat 74
9320 Aalst · FlandreSee on map
9320 Aalst · FlandreSee on map
Contributed capital
160 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 136,4 k € | +2.2% | 133,4 k € | -0.9% | 134,7 k € | +6.0% | 127,1 k € | +0.8% | 126 k € | +0.9% | 124,8 k € | -3.6% | 129,6 k € | -4.6% | 135,9 k € | +43.1% | 94,9 k € | -23.9% | 124,7 k € | +47.9% | 84,3 k € | +866% | -11 k € | -15.6% | -9,5 k € | +13.9% | -11,1 k € | +17.6% | -13,4 k € | -2702% | -479,3 € | -110% | 5 k € | +199% | -5,1 k € | -120% | 25,9 k € | -7.5% | 28 k € |
| EBITDA | 121,9 k € | +1.8% | 119,8 k € | +0.4% | 119,3 k € | +3.0% | 115,8 k € | +0.6% | 115,1 k € | +1.0% | 114 k € | -4.4% | 119,3 k € | -4.8% | 125,3 k € | +48.9% | 84,1 k € | -26.6% | 114,7 k € | +51.0% | 76 k € | +707% | -12,5 k € | -12.8% | -11,1 k € | +13.6% | -12,8 k € | +13.2% | -14,8 k € | -798% | -1,6 k € | -142% | 3,9 k € | +163% | -6,3 k € | -126% | 24,5 k € | -7.9% | 26,7 k € |
| Operating result | 89,3 k € | +2.5% | 87,1 k € | +2.2% | 85,2 k € | +3.7% | 82,1 k € | +0.5% | 81,7 k € | +0.5% | 81,3 k € | -5.8% | 86,3 k € | -7.7% | 93,5 k € | +78.9% | 52,3 k € | -34.2% | 79,4 k € | +973% | -9,1 k € | +31.7% | -13,3 k € | -11.1% | -12 k € | +11.5% | -13,6 k € | +14.4% | -15,8 k € | -448% | -2,9 k € | -198% | 2,9 k € | +142% | -7,1 k € | -139% | 17,9 k € | -11.4% | 20,2 k € |
| Net result | 27,9 k € | -40.9% | 47,2 k € | +0.5% | 47 k € | -5.0% | 49,4 k € | +11.5% | 44,4 k € | -7.5% | 47,9 k € | -14.8% | 56,2 k € | -29.3% | 79,6 k € | -85.7% | 555,4 k € | +853% | 58,2 k € | -85.2% | 394,7 k € | +5.4% | 374,4 k € | +956% | 35,4 k € | +6.2% | 33,4 k € | +4.3% | 32 k € | -26.5% | 43,5 k € | -9.3% | 48 k € | -41.0% | 81,4 k € | -26.1% | 110,2 k € | -21.0% | 139,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 1,4 M € | +2.0% | 1,4 M € | +3.5% | 1,4 M € | +3.6% | 1,3 M € | +3.9% | 1,3 M € | +3.7% | 1,2 M € | -14.3% | 1,4 M € | -28.5% | 2 M € | +4.2% | 1,9 M € | +41.4% | 1,3 M € | +4.5% | 1,3 M € | +44.4% | 888,7 k € | +72.8% | 514,3 k € | -47.5% | 978,9 k € | +3.5% | 945,5 k € | +3.5% | 913,5 k € | +5.0% | 869,9 k € | +5.8% | 821,9 k € | +11.0% | 740,5 k € | +17.5% | 630,3 k € |
| Total assets | 3 M € | +4.8% | 2,8 M € | +19.4% | 2,4 M € | -1.1% | 2,4 M € | -1.5% | 2,4 M € | -2.1% | 2,5 M € | -9.2% | 2,7 M € | -13.3% | 3,2 M € | -0.5% | 3,2 M € | +16.6% | 2,7 M € | -0.8% | 2,8 M € | +159% | 1,1 M € | -16.5% | 1,3 M € | +0.9% | 1,3 M € | -2.1% | 1,3 M € | -2.1% | 1,3 M € | -1.5% | 1,3 M € | -1.3% | 1,4 M € | +1.1% | 1,3 M € | +2.9% | 1,3 M € |
| Cash | 1,9 k € | +0.9% | 1,9 k € | +376% | 399,6 € | -85.8% | 2,8 k € | -51.6% | 5,8 k € | -75.0% | 23,2 k € | -89.9% | 229 k € | +2091% | 10,5 k € | +69.2% | 6,2 k € | +256% | 1,7 k € | – | – | 385 € | -90.2% | 3,9 k € | +225% | 1,2 k € | -81.0% | 6,4 k € | -23.7% | 8,3 k € | +462% | 1,5 k € | -62.5% | 4 k € | -60.3% | 10 k € | |||
| Debts | 1,5 M € | +8.5% | 1,4 M € | +41.0% | 1 M € | -8.2% | 1,1 M € | -7.1% | 1,2 M € | -7.6% | 1,3 M € | -3.9% | 1,3 M € | +12.2% | 1,2 M € | -7.6% | 1,3 M € | -7.2% | 1,4 M € | -5.6% | 1,5 M € | +750% | 172,8 k € | -77.2% | 757,6 k € | +169% | 282,2 k € | -17.5% | 342 k € | -14.9% | 401,9 k € | -13.5% | 464,9 k € | -12.5% | 531,1 k € | -11.2% | 597,9 k € | -10.9% | 670,9 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 12 ended
Active mandates
Ilse Bolangier
ActiveLauren Coppens
ActiveNELSON COPPENS
ActiveEnded mandates
Geert Coppens
EndedIlse Bolangier
EndedGEERT COPPENS
EndedGEERT COPPENS
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
WILLCO PRODUCTS● Active | 0413.071.827 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 07/07/2026 | 13/06/2025 | 06/06/2024 | 13/06/2023 | 13/06/2022 | 24/06/2021 |
| General meeting | 30/06/2026 | 31/05/2025 | 25/05/2024 | 27/05/2023 | 28/05/2022 | 29/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 30/06/2026 | 07/07/2026 | Dutch | |
| Micro model | 31/12/2024 | 31/05/2025 | 13/06/2025 | Dutch | |
| Micro model | 31/12/2023 | 25/05/2024 | 06/06/2024 | Dutch | |
| Micro model | 31/12/2022 | 27/05/2023 | 13/06/2023 | Dutch | |
| Micro model | 31/12/2021 | 28/05/2022 | 13/06/2022 | Dutch | |
| Micro model | 31/12/2020 | 29/05/2021 | 24/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 30/05/2020 | 04/06/2020 | Dutch | |
| Abridged modelCorrection | 31/12/2018 | 25/05/2019 | 07/10/2021 | Dutch | |
| Abridged model | 31/12/2018 | 25/05/2019 | 31/05/2019 | Dutch | |
| Abridged model | 31/12/2017 | 26/05/2018 | 07/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 27/05/2017 | 06/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 28/05/2016 | 01/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 30/05/2015 | 05/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 31/05/2014 | 24/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 25/05/2013 | 14/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 26/05/2012 | 05/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 28/05/2011 | 20/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 29/05/2010 | 24/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 30/05/2009 | 02/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 31/05/2008 | 02/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 26/05/2007 | 06/06/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 12 ended
Active mandates
Ilse Bolangier
ActiveLauren Coppens
ActiveNELSON COPPENS
ActiveEnded mandates
Geert Coppens
EndedIlse Bolangier
EndedGEERT COPPENS
EndedGEERT COPPENS
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates01/07/2026ONTSLAGEN - BENOEMINGEN
- Mandates07/07/2023ONTSLAGEN - BENOEMINGEN
- Mandates28/02/2019STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
- Mandates19/06/2015ONTSLAGEN - BENOEMINGEN
- Other06/03/2012STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates17/06/2009ONTSLAGEN - BENOEMINGEN
- Registered office16/05/2008MAATSCHAPPELIJKE ZETEL
- Other28/05/2003RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202527,9 k €↓
- 2024Annual accounts 202447,2 k €↑
- 2023Annual accounts 202347 k €↓
- 2022Annual accounts 202249,4 k €↑
- 2021Annual accounts 202144,4 k €↓
- 2020Annual accounts 202047,9 k €↓
- 2019Annual accounts 201956,2 k €↓
- 2018Annual accounts 201879,6 k €↓
- 2017Annual accounts 2017555,4 k €↑
- 2016Annual accounts 201658,2 k €↓
- 2015Annual accounts 2015394,7 k €↑
- 2014Annual accounts 2014374,4 k €↑
- 2013Annual accounts 201335,4 k €↑
- 2012Annual accounts 201233,4 k €↑
- 2011Annual accounts 201132 k €↓
- 2010Annual accounts 201043,5 k €↓
- 2009Annual accounts 200948 k €↓
- 2008Annual accounts 200881,4 k €↓
- 2007Annual accounts 2007110,2 k €↓
- 2006Annual accounts 2006139,4 k €
- 20/05/2003IncorporationPublic limited company