ACTIVE

NORTHINITY

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Financial year 2024 · closed on 31/12/2024
Net result
-26,2 k €
+27.7% YoY
Gross margin
-5,8 k €
+39.2% YoY
Equity
38,8 k €
-40.3% YoY

What does NORTHINITY do?

NORTHINITY is a Private limited company incorporated in 2018. Its registered office is in Aalst.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0715.431.319
Incorporation
04/12/2018
Legal form
Private limited company
Registered office
Kaalbergstraat 10
9310 Aalst · FlandreSee on map
Latest accounts
31/12/2024
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202420232022202120202019
Income statement
Gross margin-5,8 k €-9,5 k €48,3 k €70,8 k €40 k €39,1 k €
EBITDA-13,5 k €-21,9 k €35,7 k €58,2 k €39,4 k €37,3 k €
Operating result-26,1 k €-35,8 k €22,4 k €50,2 k €37,6 k €35,6 k €
Net result-26,2 k €-36,2 k €15,3 k €34,8 k €26,5 k €24,5 k €
Balance sheet
Equity38,8 k €64,9 k €109,2 k €93,8 k €59 k €32,5 k €
Total assets42,7 k €72,7 k €135,6 k €129,4 k €74,7 k €44,7 k €
Cash8,2 k €23,3 k €78,9 k €72,1 k €33,6 k €30 k €
Debts3,9 k €7,8 k €26,4 k €35,6 k €15,7 k €12,2 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 31/12/2024 · 2 active · 1 ended

Active mandates

Dylan Gorteman

Director · since 03 décembre 2018

Active
Kris Gorteman

Associate · since 03 décembre 2018

Active

Ended mandates

Dylan Gorteman

Manager · since 03 décembre 2018

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202003/12/2018
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months13 months
Filing date13/09/202530/08/202423/09/202308/07/202216/08/202130/06/2020
General meeting10/09/202529/08/202418/09/202304/07/202213/08/202118/06/2020
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202410/09/202513/09/2025DutchPDF
Abridged model31/12/202329/08/202430/08/2024DutchPDF
Abridged model31/12/202218/09/202323/09/2023DutchPDF
Abridged model31/12/202104/07/202208/07/2022DutchPDF
Abridged model31/12/202013/08/202116/08/2021DutchPDF
Abridged model31/12/201918/06/202030/06/2020DutchPDF
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 31/12/2024 · 2 active · 1 ended

Active mandates

Dylan Gorteman

Director · since 03 décembre 2018

Active
Kris Gorteman

Associate · since 03 décembre 2018

Active

Ended mandates

Dylan Gorteman

Manager · since 03 décembre 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/01/2024
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office21/10/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office15/07/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other06/12/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2024
    Annual accounts 2024-26,2 k €↑
  2. 2023
    Annual accounts 2023-36,2 k €↓
  3. 2022
    Annual accounts 202215,3 k €↓
  4. 2021
    Annual accounts 202134,8 k €↑
  5. 2020
    Annual accounts 202026,5 k €↑
  6. 2019
    Annual accounts 201924,5 k €
  7. 04/12/2018
    IncorporationPrivate limited company