ACTIVE

NIVOLO

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Financial year 2025 · closed on 31/12/2025

Net result

156,1 k €

-62.4% YoY

Revenue

18,8 M €

+12.5% YoY

Equity

1 M €

+17.6% YoY

Workforce

32,4 ETP

-8.7% YoY

What does NIVOLO do?

NIVOLO is a Private limited company incorporated in 2008. Its registered office is in Kruisem. It employs on average 32,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0807.790.561

Incorporation

17/11/2008

Legal form

Private limited company

Registered office

Meirestraat(KRU) 9
9770 Kruisem · FlandreSee on map

Contributed capital

38 600,00 €

Latest accounts

31/12/2025

Average workforce

32,4 ETP

Joint committees (2)

12400
20000

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Revenue	18,8 M €	+12.5%	16,8 M €	+11.5%	15 M €	+14.2%	13,2 M €	+8.9%	12,1 M €		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	1,1 M €	-22.3%	1,4 M €	+7.1%	1,3 M €	+0.8%	1,3 M €	-22.9%	1,7 M €	+16.1%	1,4 M €	+18.7%	1,2 M €	-16.7%	1,4 M €	+101%	718,2 k €	+29.2%	555,9 k €	-29.3%	786,3 k €	+47.2%	534,3 k €	+21.6%	439,4 k €	+86.8%	235,2 k €	+14.5%	205,4 k €	+7.1%	191,7 k €	+109%	91,6 k €
Operating result	396,3 k €	-33.6%	596,5 k €	-21.9%	763,9 k €	-20.9%	966,1 k €	-23.8%	1,3 M €	+31.3%	965,6 k €	+32.4%	729,5 k €	-26.7%	995,1 k €	+105%	485,2 k €	+45.4%	333,8 k €	-48.8%	652,1 k €	+69.2%	385,5 k €	+34.9%	285,7 k €	+132%	123,1 k €	+222%	38,2 k €	+21.7%	31,4 k €	+157%	12,2 k €
Net result	156,1 k €	-62.4%	415,4 k €	-15.9%	493,8 k €	-39.8%	820,6 k €	-26.5%	1,1 M €	+28.1%	871,2 k €	+48.4%	587,2 k €	-22.8%	760,8 k €	+101%	379 k €	+68.8%	224,5 k €	-50.5%	453,9 k €	+60.1%	283,6 k €	+58.8%	178,6 k €	+153%	70,5 k €	+445%	12,9 k €	-1.2%	13,1 k €	+162%	5 k €
Balance sheet
Equity	1 M €	+17.6%	885,8 k €	-37.6%	1,4 M €	+20.7%	1,2 M €	+23.1%	956 k €	-14.7%	1,1 M €	+45.9%	767,8 k €	-25.5%	1 M €	+108%	494,8 k €	-13.3%	570,8 k €	-4.3%	596,3 k €	+2.4%	582,4 k €	+94.9%	298,8 k €	+149%	120,2 k €	+142%	49,6 k €	+35.3%	36,7 k €	+55.5%	23,6 k €
Total assets	9,5 M €	+40.0%	6,8 M €	+7.6%	6,3 M €	+29.7%	4,9 M €	+12.5%	4,3 M €	-4.9%	4,6 M €	+8.1%	4,2 M €	+26.7%	3,3 M €	+62.8%	2 M €	+20.3%	1,7 M €	+29.8%	1,3 M €	+1.4%	1,3 M €	+45.1%	890,7 k €	+30.4%	682,9 k €	+2.2%	668,1 k €	+3.1%	648 k €	+180%	231,6 k €
Cash	606,5 k €	+295%	153,5 k €	-76.9%	665,4 k €	+431%	125,2 k €	-71.6%	440,4 k €	+71.3%	257 k €	+84.5%	139,3 k €	-74.2%	540,3 k €	+88.3%	287 k €	-32.8%	426,9 k €	+1.7%	419,9 k €	+57.7%	266,3 k €	+42.2%	187,3 k €	+128%	82,1 k €	+9.6%	74,9 k €	+78.6%	41,9 k €	-2.3%	42,9 k €
Debts	8,1 M €	+35.9%	5,9 M €	+20.8%	4,9 M €	+32.8%	3,7 M €	+9.9%	3,4 M €	-1.7%	3,4 M €	-0.9%	3,5 M €	+50.1%	2,3 M €	+49.1%	1,5 M €	+38.4%	1,1 M €	+59.2%	699,4 k €	+0.7%	694,3 k €	+19.9%	579 k €	+3.8%	558 k €	-8.9%	612,4 k €	+0.5%	609,5 k €	+194%	207,6 k €
Other
Workforce	32,4 ETP	-8.7%	35,5 ETP	+7.3%	33,1 ETP	+8.2%	30,6 ETP	+4.1%	29,4 ETP	+5.0%	28,0 ETP	+51.4%	18,5 ETP	+38.1%	13,4 ETP	+20.7%	11,1 ETP	+6.7%	10,4 ETP	+14.3%	9,1 ETP	+7.1%	8,5 ETP	+7.6%	7,9 ETP	+36.2%	5,8 ETP	+48.7%	3,9 ETP	+95.0%	2,0 ETP	+100%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 14 ended

Active mandates

NIVOLO GROUP

Director · 0631.856.317

Represented by Talpe BENJAMIN

Active

Ended mandates

CILIX

Director · since 07 août 2019 · 0651.805.752

Represented by Jonas Vanthuyne

Ended

ELONOOR

Manager · since 06 juillet 2015 · 0630.804.064

Represented by Kathy Declercq

Ended

NIVOLO GROUP

Director · since 06 juillet 2015 · 0631.856.317

Represented by Benjamin Talpe

Ended

NIVOLO GROUP

Director · since 06 juillet 2015 · 0631.856.317

Represented by Benjamin Talpe

Ended

At this address

Other companies at this address

Company	CBE no.
DECOLO● Active	0741.868.173
Floorworx● Active	1014.616.337
NIVOMIX● Active	0801.042.034

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/08/2026	29/08/2025	23/07/2024	25/08/2023	26/08/2022	23/07/2021
General meeting	28/08/2026	28/08/2025	24/06/2024	24/08/2023	23/08/2022	10/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	28/08/2026	28/08/2026	Dutch	PDF
Full model	31/12/2024	28/08/2025	29/08/2025	Dutch	PDF
Full model	31/12/2023	24/06/2024	23/07/2024	Dutch	PDF
Full model	31/12/2022	24/08/2023	25/08/2023	Dutch	PDF
Full model	31/12/2021	23/08/2022	26/08/2022	Dutch	PDF
Abridged model	31/12/2020	10/05/2021	23/07/2021	Dutch	PDF
Abridged model	31/12/2019	25/08/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	29/04/2019	20/05/2019	Dutch	PDF
Abridged model	31/12/2017	16/06/2018	19/06/2018	Dutch	PDF
Abridged model	31/12/2016	17/06/2017	17/08/2017	Dutch	PDF
Abridged model	31/12/2015	18/06/2016	20/06/2016	Dutch	PDF
Abridged model	31/12/2014	29/04/2015	30/04/2015	Dutch	PDF
Abridged model	31/12/2013	21/06/2014	23/06/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	17/06/2013	Dutch	PDF
Abridged model	31/12/2011	16/06/2012	25/06/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	21/06/2010	30/08/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 14 ended

Active mandates

NIVOLO GROUP

Director · 0631.856.317

Represented by Talpe BENJAMIN

Active

Ended mandates

CILIX

Director · since 07 août 2019 · 0651.805.752

Represented by Jonas Vanthuyne

Ended

ELONOOR

Manager · since 06 juillet 2015 · 0630.804.064

Represented by Kathy Declercq

Ended

NIVOLO GROUP

Director · since 06 juillet 2015 · 0631.856.317

Represented by Benjamin Talpe

Ended

NIVOLO GROUP

Director · since 06 juillet 2015 · 0631.856.317

Represented by Benjamin Talpe

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other03/09/2026
DIVERSEN
PDF
Mandates30/06/2023
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring22/12/2020
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring02/10/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates14/01/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/10/2016
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

2025
Annual accounts 2025156,1 k €↓
2024
Annual accounts 2024415,4 k €↓
2023
Annual accounts 2023493,8 k €↓
2022
Annual accounts 2022820,6 k €↓
2021
Annual accounts 20211,1 M €↑
2020
Annual accounts 2020871,2 k €↑
2019
Annual accounts 2019587,2 k €↓
2018
Annual accounts 2018760,8 k €↑
2017
Annual accounts 2017379 k €↑
2016
Annual accounts 2016224,5 k €↓
2015
Annual accounts 2015453,9 k €↑
2014
Annual accounts 2014283,6 k €↑
2013
Annual accounts 2013178,6 k €↑
2012
Annual accounts 201270,5 k €↑
2011
Annual accounts 201112,9 k €↓
2010
Annual accounts 201013,1 k €↑
2009
Annual accounts 20095 k €
17/11/2008
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

NIVOLO

Overview

What does NIVOLO do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline