ACTIVE

NOAH

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Financial year 2025 · closed on 31/12/2025
Net result
-10,8 k €
-46.2% YoY
Gross margin
14,2 k €
+8.4% YoY
Equity
256,7 k €
-4.0% YoY

What does NOAH do?

NOAH is a Private limited company incorporated in 2013. Its registered office is in Evere.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0534.604.513
Incorporation
21/05/2013
Legal form
Private limited company
Registered office
Rue Godfroid Kurth 87 box 2
1140 Evere · BruxellesSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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 margin14,2 k €13,1 k €9,1 k €67,5 €89,1 k €69,4 k €101,8 k €145,5 k €38,1 k €26,7 k €16,6 k €16,5 k €
EBITDA6,5 k €12,6 k €7,1 k €-1,2 k €88,2 k €66,1 k €101,9 k €141,3 k €36,7 k €20,5 k €15,1 k €16,4 k €
Operating result-6,6 k €-503,8 €-6,5 k €-19,4 k €66,7 k €50,7 k €80,1 k €118,9 k €21,4 k €19,7 k €14,3 k €15,4 k €
Net result-10,8 k €-7,4 k €-15,2 k €-30,1 k €83,4 k €32,6 k €58,2 k €86,8 k €16,5 k €15 k €10,7 k €10,8 k €
Balance sheet
Equity256,7 k €267,5 k €274,9 k €290,1 k €320,2 k €236,8 k €204,2 k €146 k €59,2 k €42,6 k €27,7 k €17 k €
Total assets513,4 k €548,7 k €574,5 k €638,6 k €750,2 k €461,8 k €604,6 k €495,9 k €322,7 k €86 k €72,3 k €63,3 k €
Cash45,1 k €57,3 k €75 k €133,5 k €237,9 k €197,4 k €205,2 k €165,5 k €55,4 k €56,7 k €35,6 k €10,8 k €
Debts256,8 k €281,2 k €299,6 k €348,5 k €430 k €225 k €400,4 k €349,9 k €263,5 k €43,4 k €43,7 k €46,3 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 · 1 active · 1 ended

Active mandates

Ilhan ERCIS

Mandate

Active

Ended mandates

ERCIS Ilhan

Mandate

Ended
At this address

Other companies at this address

CompanyCBE no.
ERCIS● Active
0811.141.912
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/08/202624/09/202530/08/202401/09/202302/12/202209/11/2021
General meeting30/06/202615/09/202528/06/202430/06/202313/10/202218/10/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202630/08/2026FrenchPDF
Micro model31/12/202415/09/202524/09/2025FrenchPDF
Micro model31/12/202328/06/202430/08/2024FrenchPDF
Micro model31/12/202230/06/202301/09/2023FrenchPDF
Abridged model31/12/202113/10/202202/12/2022FrenchPDF
Abridged model31/12/202018/10/202109/11/2021FrenchPDF
Abridged model31/12/201931/08/202024/12/2020FrenchPDF
Micro model31/12/201830/06/201906/01/2020FrenchPDF
Abridged model31/12/201730/06/201830/08/2018FrenchPDF
Abridged model31/12/201630/06/201729/09/2017FrenchPDF
Abridged model31/12/201524/06/201608/12/2016FrenchPDF
Abridged model31/12/201426/06/201521/08/2015FrenchPDF
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 31/12/2025 · 1 active · 1 ended

Active mandates

Ilhan ERCIS

Mandate

Active

Ended mandates

ERCIS Ilhan

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/12/2023
    MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office03/08/2023
    SIEGE SOCIAL
    PDF
  • Mandates16/08/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Other23/05/2013
    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 2025-10,8 k €↓
  2. 2024
    Annual accounts 2024-7,4 k €↑
  3. 2023
    Annual accounts 2023-15,2 k €↑
  4. 2022
    Annual accounts 2022-30,1 k €↓
  5. 2021
    Annual accounts 202183,4 k €↑
  6. 2020
    Annual accounts 202032,6 k €↓
  7. 2019
    Annual accounts 201958,2 k €↓
  8. 2018
    Annual accounts 201886,8 k €↑
  9. 2017
    Annual accounts 201716,5 k €↑
  10. 2016
    Annual accounts 201615 k €↑
  11. 2015
    Annual accounts 201510,7 k €↓
  12. 2014
    Annual accounts 201410,8 k €
  13. 21/05/2013
    IncorporationPrivate limited company