ACTIVE

Nestor

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Financial year 2025 · closed on 31/12/2025
Net result
2,3 M €
+6.7% YoY
Revenue
13,7 M €
+9.1% YoY
Equity
1,4 M €
-54.6% YoY
Workforce
156,9 ETP
+1.8% YoY

What does Nestor do?

Nestor is a Public limited company incorporated in 2015. Its main activity is: Activities of employment placement agencies. Its registered office is in Sint-Martens-Latem. It employs on average 156,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0642.970.240
Incorporation
18/11/2015
Legal form
Public limited company
Registered office
Kortrijksesteenweg 180 box 5
9830 Sint-Martens-Latem · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
156,9 ETP
Activities (NACE)
78100Activities of employment placement agencies· main78100Activities of employment placement agencies78200Temporary employment agency activities78200Temporary employment agency activities82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.
Joint committees (2)
  • 200
  • 322
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Revenue13,7 M €12,6 M €–––
EBITDA953,4 k €1,3 M €836 k €3 M €686 k €
Operating result914,1 k €1,3 M €810,1 k €3 M €667,1 k €
Net result2,3 M €2,2 M €909,2 k €2,7 M €469 k €
Balance sheet
Equity1,4 M €3 M €1,3 M €912 k €840,3 k €
Total assets17,3 M €13,8 M €12,8 M €3,1 M €2,2 M €
Cash556,7 k €1,3 M €455,6 k €1,1 M €388,5 k €
Debts15,8 M €10,4 M €11,2 M €2,2 M €1,3 M €
Other
Workforce156,9 ETP154,2 ETP141,2 ETP114,1 ETP104,8 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 31/12/2025 · 1 active · 14 ended

Active mandates

Nestor Holding

Director · since 30 mars 2022 · 0783.395.259

Represented by Mathieu Vandenhende

Active

Ended mandates

Nestor Holding

Bestuurder · since 30 mars 2022 · 0783.395.259

Represented by Mathieu Vandenhende

Ended
True North Asset Management

Bestuurder · since 29 mars 2022 · 0457.827.330

Represented by Bernard Hendrikx

Ended
Happy Hour

Gedelegeerd bestuurder · since 02 mars 2016 · until 03 juin 2022 · 0647.887.843

Represented by Nicolas Moerman

Ended
Happy Hour

Managing director · since 02 mars 2016 · until 03 juin 2022 · 0647.887.843

Represented by Nicolas Moerman

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelAbridged modelAbridged 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 date18/06/202622/07/202527/06/202419/07/202320/05/202229/06/2021
General meeting05/06/202630/06/202518/06/202415/06/202327/03/202217/06/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202505/06/202618/06/2026DutchPDF
Full model31/12/202430/06/202522/07/2025DutchPDF
Abridged model31/12/202318/06/202427/06/2024DutchPDF
Abridged model31/12/202215/06/202319/07/2023DutchPDF
Abridged model31/12/202127/03/202220/05/2022DutchPDF
Abridged model31/12/202017/06/202129/06/2021DutchPDF
Abridged model31/12/201902/09/202023/09/2020DutchPDF
Abridged model31/12/201814/06/201919/07/2019DutchPDF
Abridged model31/12/201708/05/201827/06/2018DutchPDF
Abridged model31/12/201602/06/201721/06/2017DutchPDF
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 · 14 ended

Active mandates

Nestor Holding

Director · since 30 mars 2022 · 0783.395.259

Represented by Mathieu Vandenhende

Active

Ended mandates

Nestor Holding

Bestuurder · since 30 mars 2022 · 0783.395.259

Represented by Mathieu Vandenhende

Ended
True North Asset Management

Bestuurder · since 29 mars 2022 · 0457.827.330

Represented by Bernard Hendrikx

Ended
Happy Hour

Gedelegeerd bestuurder · since 02 mars 2016 · until 03 juin 2022 · 0647.887.843

Represented by Nicolas Moerman

Ended
Happy Hour

Managing director · since 02 mars 2016 · until 03 juin 2022 · 0647.887.843

Represented by Nicolas Moerman

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office08/03/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/05/2022
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares16/05/2022
    KAPITAAL - AANDELEN
    PDF
  • Other05/04/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office15/12/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates17/05/2016
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    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 20252,3 M €↑
  2. 2024
    Annual accounts 20242,2 M €↑
  3. 2023
    Annual accounts 2023909,2 k €↓
  4. 2022
    Annual accounts 20222,7 M €↑
  5. 2021
    Annual accounts 2021469 k €
  6. 18/11/2015
    IncorporationPublic limited company