ACTIVE

NDM Group

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Financial year 2025 · closed on 31/12/2025
Net result
11 k €
-84.8% YoY
Gross margin
159,5 k €
-36.5% YoY
Equity
131,7 k €
-12.6% YoY

What does NDM Group do?

NDM Group is a Private limited company incorporated in 2020. Its main activity is: Joinery installation. Its registered office is in Antwerpen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0756.983.446
Incorporation
26/10/2020
Legal form
Private limited company
Registered office
Lakborslei 135 box glvl
2100 Antwerpen · FlandreSee on map
Contributed capital
4 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
43320Joinery installation· main43320Joinery installation
Joint committees (2)
  • 124
  • 12400
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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
Gross margin159,5 k €251,2 k €138,8 k €111,1 k €26,7 k €
EBITDA35,1 k €105,4 k €24,4 k €84,2 k €7,8 k €
Operating result22,2 k €97,8 k €19,4 k €79,5 k €1,9 k €
Net result11 k €72,2 k €12,7 k €60,6 k €1,3 k €
Balance sheet
Equity131,7 k €150,8 k €78,6 k €65,9 k €5,3 k €
Total assets306,2 k €314,9 k €145,6 k €259,5 k €37,3 k €
Cash9,2 k €128,4 k €41,2 k €77,8 k €996,9 €
Debts173,2 k €164,1 k €67 k €193,6 k €32,1 k €
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 · 1 active · 1 ended

Active mandates

Ismayil BELKIRAN

Director

Active

Ended mandates

Ismayil Belkiran

Director · since 26 octobre 2020

Ended
Annual accounts

Full financial information

20252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202226/10/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months15 months
Filing date30/06/202630/07/202514/07/202418/07/202309/07/2022
General meeting26/06/202630/06/202507/06/202402/06/202303/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/06/202630/06/2026DutchPDF
Micro model31/12/202430/06/202530/07/2025DutchPDF
Micro model31/12/202307/06/202414/07/2024DutchPDF
Micro model31/12/202202/06/202318/07/2023DutchPDF
Micro model31/12/202103/06/202209/07/2022DutchPDF
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 · 1 active · 1 ended

Active mandates

Ismayil BELKIRAN

Director

Active

Ended mandates

Ismayil Belkiran

Director · since 26 octobre 2020

Ended
Shareholders

Ownership and network

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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 202511 k €↓
  2. 2024
    Annual accounts 202472,2 k €↑
  3. 2023
    Annual accounts 202312,7 k €↓
  4. 2022
    Annual accounts 202260,6 k €↑
  5. 2021
    Annual accounts 20211,3 k €
  6. 26/10/2020
    IncorporationPrivate limited company