ACTIVE

Nails Of Flanders

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Financial year 2025 · Closed on 30/09/2025

Net result815,7 k €-70,2 %over 1 year
Revenue9,6 M €-4,5 %over 1 year
Equity3,1 M €-41,7 %over 1 year
Workforce8,7 ETP+8,7 %over 1 year

Identity

Source · BCE/KBO

Nails Of Flanders is a Private limited company incorporated in 2019. Its main activity is: Manufacture of wire products, chain and springs. Its registered office is in Gistel. It employs on average 8,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0726.886.029
Incorporation
17/05/2019
Legal form
Private limited company
Registered office
Torhoutse Baan 5 box 2
8470 Gistel · FlandreSee on map
Contributed capital
600 000,00 €
Latest accounts
30/09/2025
Average workforce
8,7 ETP
Joint committees (2)
  • 111
  • 209
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 6 filings

Trend over 4 financial years

2025202420232022
Income statement
Revenue9,6 M €10 M €––
EBITDA1,4 M €3,8 M €3,8 M €3 M €
Operating result950,8 k €3,3 M €3,5 M €2,7 M €
Net result815,7 k €2,7 M €2,9 M €2,1 M €
Balance sheet
Equity3,1 M €5,2 M €4,7 M €3,1 M €
Total assets10,5 M €9,6 M €8,9 M €6,9 M €
Cash825,3 k €467,4 k €1,1 M €638,4 k €
Debts7,4 M €4,4 M €4,1 M €3,7 M €
Other
Workforce8,7 ETP8,0 ETP8,2 ETP7,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

4 active · 5 ended

Active mandates

Edfanzac SAS

Director · since 30 juin 2022 · 0787.873.194

Represented by Michaël MODUGNO

Active
Jadal SAS

Director · since 30 juin 2022 · 0787.873.590

Represented by Jean-Louis LOUVEL

Active
GRACO

Director · since 10 mai 2021 · 0454.451.928

Represented by Luc GRAUWET

Active
GRAUWET ROGER

Director · since 10 mai 2021 · 0880.852.446

Represented by Roger GRAUWET

Active

Ended mandates

Edfanzac SAS

Director · since 30 juin 2022

Represented by Michaël MODUGNO

Ended
Jadal SAS

Director · since 30 juin 2022

Represented by Jean-Louis LOUVEL

Ended
GRACO

Director · since 10 mai 2021 · 0454.451.928

Represented by Luc GRAUWET

Ended
PGS RODANAR PALLETS

Director · since 11 octobre 2019 · 0420.380.380

Represented by Roger Grauwet

Ended

Other companies at this address

Torhoutse Baan 5 8470 Gistel
CompanyCBE no.
ALTERVAL BENELUX● Active
0765.999.694
Finimmo 8970● Active
0837.588.961
FINIMMO 9600● Active
0400.268.520
Finimmo Belgium● Active
0887.170.908
FININVEST BELGIUM● Active
0791.321.545
Get It Done● Active
0778.670.864
Green Nature Energy● Active
0762.635.972
JL Aviation● Active
0782.213.542
NoTech Belgium● Active
0763.679.911
PGS AJR Packaging● Active
0772.342.803
PGS België● Active
0643.972.310
PGS De Backer Pallets● Active
0426.292.630
PGS Demey● Active
0775.376.131
PGS RDB Pallets● Active
0561.777.676
PGS Rec Belgium● Active
0760.987.368
PGS RECON● Active
0737.333.523
PGS REVERSE EUROPE● Active
0886.855.261
PGS RODANAR PALLETS● Active
0420.380.380
PGS SPECIAL PACKAGING● Active
0435.941.853
SUSTAINABLE PALLET ASSOCIATION● Active
1009.455.541

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202017/05/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months17 months
Filing date08/04/202628/03/202522/03/202424/02/202324/03/202225/03/2021
General meeting27/02/202628/02/202523/02/202431/01/202325/02/202226/02/2021
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, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202527/02/202608/04/2026DutchPDF
Full model30/09/202428/02/202528/03/2025DutchPDF
Abridged model30/09/202323/02/202422/03/2024DutchPDF
Abridged model30/09/202231/01/202324/02/2023DutchPDF
Abridged model30/09/202125/02/202224/03/2022DutchPDF
Abridged model30/09/202026/02/202125/03/2021DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 30/09/2025

4 active · 5 ended

Active mandates

Edfanzac SAS

Director · since 30 juin 2022 · 0787.873.194

Represented by Michaël MODUGNO

Active
Jadal SAS

Director · since 30 juin 2022 · 0787.873.590

Represented by Jean-Louis LOUVEL

Active
GRACO

Director · since 10 mai 2021 · 0454.451.928

Represented by Luc GRAUWET

Active
GRAUWET ROGER

Director · since 10 mai 2021 · 0880.852.446

Represented by Roger GRAUWET

Active

Ended mandates

Edfanzac SAS

Director · since 30 juin 2022

Represented by Michaël MODUGNO

Ended
Jadal SAS

Director · since 30 juin 2022

Represented by Jean-Louis LOUVEL

Ended
GRACO

Director · since 10 mai 2021 · 0454.451.928

Represented by Luc GRAUWET

Ended
PGS RODANAR PALLETS

Director · since 11 octobre 2019 · 0420.380.380

Represented by Roger Grauwet

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates31/08/2026
    Herbenoeming commissaris
    PDF
  • Mandates16/09/2024
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Mandates27/02/2023
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/10/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other21/05/2019
    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. 2025
    Annual accounts 2025815,7 k €↓
  2. 2024
    Annual accounts 20242,7 M €↓
  3. 2023
    Annual accounts 20232,9 M €↑
  4. 2022
    Annual accounts 20222,1 M €
  5. 17/05/2019
    IncorporationPrivate limited company