ACTIVE

Baku New Generation

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Financial year 2026 · Closed on 31/03/2026

Net result370,2 k €-29,4 %over 1 year
Gross margin1,1 M €-11,1 %over 1 year
Equity240,1 k €-32,9 %over 1 year
Workforce7,7 ETP+11,6 %over 1 year

Identity

Source · BCE/KBO

Baku New Generation is a Private limited company incorporated in 2014. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Nazareth-De Pinte. It employs on average 7,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0555.934.219
Incorporation
30/06/2014
Legal form
Private limited company
Registered office
Grote steenweg 1
9840 Nazareth-De Pinte · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/03/2026
Average workforce
7,7 ETP
Joint committees (3)
  • 101
  • 124
  • 200
Contacts
1 public detail availableLog in to view
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 11 filings

Trend over 11 financial years

20262025202420232022
Income statement
Gross margin1,1 M €1,2 M €1,4 M €1,4 M €1,1 M €
EBITDA541,5 k €740,7 k €895,2 k €943,6 k €650,1 k €
Operating result491,8 k €700,4 k €868,3 k €922,7 k €624,4 k €
Net result370,2 k €524,5 k €645,5 k €695,2 k €456,4 k €
Balance sheet
Equity240,1 k €357,9 k €333,4 k €355,1 k €489,9 k €
Total assets1,7 M €1,5 M €1,8 M €1,4 M €1,5 M €
Cash543 k €413,2 k €986,9 k €356,2 k €713,5 k €
Debts749,7 k €660,1 k €931,9 k €625 k €439,5 k €
Other
Workforce7,7 ETP6,9 ETP7,1 ETP7,2 ETP7,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2026

2 active · 6 ended

Active mandates

Marc Kurris

Director · since 30 septembre 2019

Active
NOMACON

Persoon belast met dagelijks bestuur · since 30 septembre 2019 · 0676.419.008

Represented by Brecht De Geest

Active

Ended mandates

Miel Kurris

Director · since 30 septembre 2019 · until 07 novembre 2022

Ended
Miel Kurris

Director · since 30 septembre 2019

Ended
NOMACON

Managing director · since 30 septembre 2019 · 0676.419.008

Represented by Brecht De Geest

Ended
Marc Kurris

Manager · since 14 juillet 2014

Ended

Full financial information

Source · NBB
202620252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/07/202626/05/202511/07/202411/07/202327/09/202208/07/2021
General meeting08/07/202624/05/202512/06/202423/06/202331/08/202207/07/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202608/07/202629/07/2026DutchPDF
Abridged model31/03/202524/05/202526/05/2025DutchPDF
Abridged model31/03/202412/06/202411/07/2024DutchPDF
Abridged model31/03/202323/06/202311/07/2023DutchPDF
Abridged model31/03/202231/08/202227/09/2022DutchPDF
Abridged model31/03/202107/07/202108/07/2021DutchPDF
Abridged model31/03/202012/05/202011/06/2020DutchPDF
Abridged model31/03/201910/09/201911/09/2019DutchPDF
Abridged model31/03/201830/09/201829/10/2018DutchPDF
Micro model31/03/201730/09/201730/10/2017DutchPDF
Abridged model31/03/201616/09/201614/10/2016DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/03/2026

2 active · 6 ended

Active mandates

Marc Kurris

Director · since 30 septembre 2019

Active
NOMACON

Persoon belast met dagelijks bestuur · since 30 septembre 2019 · 0676.419.008

Represented by Brecht De Geest

Active

Ended mandates

Miel Kurris

Director · since 30 septembre 2019 · until 07 novembre 2022

Ended
Miel Kurris

Director · since 30 septembre 2019

Ended
NOMACON

Managing director · since 30 septembre 2019 · 0676.419.008

Represented by Brecht De Geest

Ended
Marc Kurris

Manager · since 14 juillet 2014

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/11/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/06/2022
    DIVERSEN
    PDF
  • Mandates28/10/2019
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office15/06/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates10/09/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/07/2014
    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

  1. 2026
    Annual accounts 2026370,2 k €↓
  2. 2025
    Annual accounts 2025524,5 k €↓
  3. 2024
    Annual accounts 2024645,5 k €↓
  4. 2023
    Annual accounts 2023695,2 k €↑
  5. 2022
    Annual accounts 2022456,4 k €↑
  6. 2021
    Annual accounts 2021271,3 k €↑
  7. 2020
    Annual accounts 2020209,4 k €↑
  8. 2019
    Annual accounts 201995,1 k €↑
  9. 2018
    Annual accounts 201810,1 k €↓
  10. 2017
    Annual accounts 201737 k €↑
  11. 2016
    Annual accounts 201622 k €
  12. 30/06/2014
    IncorporationPrivate limited company