ACTIVE

NCBHAM

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Financial year 2025 · closed on 30/09/2025
Net result
-370,4 k €
-727.6% YoY
Gross margin
8,3 k €
-97.5% YoY
Equity
190 k €
-66.0% YoY
Workforce
1,8 ETP
+80.0% YoY

What does NCBHAM do?

NCBHAM is a Private limited company incorporated in 2013. Its registered office is in Molenbeek-Saint-Jean. It employs on average 1,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0503.770.983
Incorporation
04/02/2013
Legal form
Private limited company
Registered office
Rue Van Malder 24
1080 Molenbeek-Saint-Jean · BruxellesSee on map
Contributed capital
6 200,00 €
Latest accounts
30/09/2025
Average workforce
1,8 ETP
Joint committees (1)
  • 200
Signals
Healthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin8,3 k €336,5 k €629,9 k €245 k €182 k €255,4 k €485,4 k €309,8 k €72,5 k €47,4 k €53,1 k €38 k €
EBITDA-151,8 k €193,8 k €484,8 k €72,1 k €24,2 k €120,8 k €393,4 k €257,5 k €28,7 k €44,6 k €52,9 k €37,7 k €
Operating result-344,3 k €81,6 k €448,6 k €51 k €15,8 k €112,2 k €380,6 k €250,4 k €19,2 k €34,3 k €42,4 k €25,3 k €
Net result-370,4 k €59 k €303,3 k €28,9 k €7,5 k €72 k €297,9 k €154,1 k €7,3 k €17,7 k €24,3 k €14,8 k €
Balance sheet
Equity190 k €559,5 k €728,2 k €591,2 k €579,8 k €594,3 k €522,3 k €224,4 k €70,3 k €62,9 k €45,2 k €21 k €
Total assets2,4 M €2,4 M €1,7 M €1,5 M €1,1 M €1,1 M €1,3 M €766,2 k €535,8 k €504,9 k €663,7 k €126 k €
Cash160,5 k €243,6 k €634,6 k €659,9 k €202,7 k €316,7 k €360,4 k €430,9 k €372 k €215,9 k €242,5 k €47,8 k €
Debts2,2 M €1,8 M €947,3 k €877,8 k €475,6 k €480,2 k €757,5 k €541,7 k €278,8 k €293,5 k €618,5 k €78 k €
Other
Workforce1,8 ETP1,0 ETP1,2 ETP1,9 ETP1,6 ETP0,9 ETP0,2 ETP–0,8 ETP–––
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 30/09/2025 · 2 active · 11 ended

Active mandates

Alexandra Pustianu & Andrei Miulescu, architectes

Director · since 15 janvier 2024 · 0728.932.432

Represented by Alexandra PUSTINAU

Active
LUZPEN

Director · since 21 août 2018 · 0887.336.501

Represented by Mauro Ferreira Brigham

Active

Ended mandates

LUZPEN

Director · since 01 janvier 2020 · 0887.336.501

Represented by Mauro Ferreira Brigham

Ended
NCDESIGN ENGINEERING & ARCHITECTURE

Director · since 01 janvier 2020 · until 23 juin 2023 · 0822.761.918

Represented by Nicolas Ntalakidis

Ended
LUZPEN

Manager · since 21 août 2018 · 0887.336.501

Represented by Mauro Brigham

Ended
LUZPEN

Director · since 21 août 2018 · 0887.336.501

Represented by Mauro Ferreira Brigham

Ended
At this address

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0768.384.906
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date21/04/202625/06/202510/06/202431/03/202301/09/202201/09/2022
General meeting16/03/202617/03/202518/03/202420/03/202321/03/202215/03/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202516/03/202621/04/2026FrenchPDF
Abridged model30/09/202417/03/202525/06/2025FrenchPDF
Abridged model30/09/202318/03/202410/06/2024FrenchPDF
Abridged model30/09/202220/03/202331/03/2023FrenchPDF
Abridged modelCorrection30/09/202121/03/202201/09/2022FrenchPDF
Abridged model30/09/202121/03/202207/04/2022FrenchPDF
Abridged modelCorrection30/09/202015/03/202101/09/2022FrenchPDF
Abridged model30/09/202015/03/202123/04/2021FrenchPDF
Abridged modelCorrection30/09/201916/03/202001/09/2022FrenchPDF
Abridged model30/09/201916/03/202030/04/2020FrenchPDF
Abridged model30/09/201818/03/201930/04/2019FrenchPDF
Abridged model30/09/201719/03/201804/05/2018FrenchPDF
Abridged model30/09/201620/03/201709/05/2017FrenchPDF
Abridged model30/09/201521/03/201621/04/2016FrenchPDF
Abridged model30/09/201416/03/201527/04/2015FrenchPDF
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 30/09/2025 · 2 active · 11 ended

Active mandates

Alexandra Pustianu & Andrei Miulescu, architectes

Director · since 15 janvier 2024 · 0728.932.432

Represented by Alexandra PUSTINAU

Active
LUZPEN

Director · since 21 août 2018 · 0887.336.501

Represented by Mauro Ferreira Brigham

Active

Ended mandates

LUZPEN

Director · since 01 janvier 2020 · 0887.336.501

Represented by Mauro Ferreira Brigham

Ended
NCDESIGN ENGINEERING & ARCHITECTURE

Director · since 01 janvier 2020 · until 23 juin 2023 · 0822.761.918

Represented by Nicolas Ntalakidis

Ended
LUZPEN

Manager · since 21 août 2018 · 0887.336.501

Represented by Mauro Brigham

Ended
LUZPEN

Director · since 21 août 2018 · 0887.336.501

Represented by Mauro Ferreira Brigham

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/02/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/10/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Other30/07/2018
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office23/12/2015
    SIEGE SOCIAL
    PDF
  • Other06/02/2013
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025-370,4 k €↓
  2. 2024
    Annual accounts 202459 k €↓
  3. 2023
    Annual accounts 2023303,3 k €↑
  4. 2022
    Annual accounts 202228,9 k €↑
  5. 2021
    Annual accounts 20217,5 k €↓
  6. 2020
    Annual accounts 202072 k €↓
  7. 2019
    Annual accounts 2019297,9 k €↑
  8. 2019
    Name changeNC&BHAM
  9. 2018
    Annual accounts 2018154,1 k €↑
  10. 2017
    Annual accounts 20177,3 k €↓
  11. 2016
    Annual accounts 201617,7 k €↓
  12. 2015
    Annual accounts 201524,3 k €↑
  13. 2014
    Annual accounts 201414,8 k €
  14. 2014
    Name changeNCBHAM
  15. 04/02/2013
    IncorporationPrivate limited company