ACTIVE

ND 88

Financial year 2025 · closed on 31/12/2025
Net result
1,8 k €
+102.9% YoY
Revenue
10,2 M €
Equity
-469,7 k €
+0.4% YoY
Workforce
20,1 ETP
-7.4% YoY

What does ND 88 do?

ND 88 is a Private limited company incorporated in 2018. Its main activity is: Retail sale of newspapers and stationery in specialised stores. Its registered office is in Namur. It employs on average 20,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0711.922.392
Incorporation
22/10/2018
Legal form
Private limited company
Registered office
Avenue Albert 1er 97
5000 Namur · WallonieSee on map
Contributed capital
6 400,00 €
Latest accounts
31/12/2025
Average workforce
20,1 ETP
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Revenue10,2 M €
EBITDA8,4 k €-48,5 k €-37,7 k €-125,6 k €-67,6 k €37,5 k €-198,1 k €
Operating result8,4 k €-48,5 k €-37,7 k €-125,6 k €-67,6 k €37,5 k €-198,1 k €
Net result1,8 k €-59,6 k €-42,8 k €-138,3 k €-75,4 k €39,5 k €-201,3 k €
Balance sheet
Equity-469,7 k €-471,5 k €-411,9 k €-369,1 k €-230,8 k €-155,4 k €-194,9 k €
Total assets680,4 k €533,5 k €571,1 k €463,9 k €469,8 k €620 k €356,5 k €
Cash76,6 k €75,5 k €111,6 k €94,4 k €58,5 k €265,8 k €51,5 k €
Debts1,2 M €1 M €983 k €833 k €700,7 k €775,4 k €545,4 k €
Other
Workforce20,1 ETP21,7 ETP20,7 ETP16,0 ETP15,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 5 ended

Active mandates

DATAM

Director · since 28 mai 2026 · 0838.084.255

Represented by Daniel Tamigniau

Active
ELICAM

Director · since 28 mai 2026 · 0881.506.504

Represented by Philippe Clinet

Active
GDELHAYE

Director · since 28 mai 2026 · 0766.259.220

Represented by Guillaume Delhaye

Active
J-CF

Director · since 28 mai 2026 · 0598.909.771

Represented by Jean-Christophe Filée

Active
VDARDENNE

Director · since 28 mai 2026 · 0881.507.888

Represented by Vincent Dardenne

Active

Ended mandates

DATAM

Mandate · 0838.084.255

Ended
ELICAM

Mandate · 0881.506.504

Represented by PHILIPPE CLINET

Ended
J-CF

Mandate · 0598.909.771

Ended
LA FERME DE LA TOUR

Mandate · 0879.822.266

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro 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 date28/07/202626/08/202501/08/202431/08/202330/08/202230/09/2021
General meeting30/06/202627/06/202528/06/202430/06/202324/06/202225/06/2021
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202628/07/2026FrenchPDF
Abridged model31/12/202427/06/202526/08/2025FrenchPDF
Abridged model31/12/202328/06/202401/08/2024FrenchPDF
Abridged model31/12/202230/06/202331/08/2023FrenchPDF
Abridged model31/12/202124/06/202230/08/2022FrenchPDF
Micro model31/12/202025/06/202130/09/2021FrenchPDF
Micro model31/12/201925/09/202025/09/2020FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 5 active · 5 ended

Active mandates

DATAM

Director · since 28 mai 2026 · 0838.084.255

Represented by Daniel Tamigniau

Active
ELICAM

Director · since 28 mai 2026 · 0881.506.504

Represented by Philippe Clinet

Active
GDELHAYE

Director · since 28 mai 2026 · 0766.259.220

Represented by Guillaume Delhaye

Active
J-CF

Director · since 28 mai 2026 · 0598.909.771

Represented by Jean-Christophe Filée

Active
VDARDENNE

Director · since 28 mai 2026 · 0881.507.888

Represented by Vincent Dardenne

Active

Ended mandates

DATAM

Mandate · 0838.084.255

Ended
ELICAM

Mandate · 0881.506.504

Represented by PHILIPPE CLINET

Ended
J-CF

Mandate · 0598.909.771

Ended
LA FERME DE LA TOUR

Mandate · 0879.822.266

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/06/2026
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other24/10/2018
    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 20251,8 k €
  2. 2024
    Annual accounts 2024-59,6 k €
  3. 2023
    Annual accounts 2023-42,8 k €
  4. 2022
    Annual accounts 2022-138,3 k €
  5. 2021
    Annual accounts 2021-75,4 k €
  6. 2020
    Annual accounts 202039,5 k €
  7. 2019
    Annual accounts 2019-201,3 k €
  8. 22/10/2018
    IncorporationPrivate limited company