ACTIVE

NIVOLO

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Financial year 2025 · Closed on 31/12/2025

Net result156,1 k €-62,4 %over 1 year

Revenue18,8 M €+12,5 %over 1 year

Equity1 M €+17,6 %over 1 year

Workforce32,4 ETP-8,7 %over 1 year

Identity

Source · BCE/KBO

NIVOLO is a Private limited company incorporated in 2008. Its main activity is: Construction of buildings. 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

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 43230Electrical, plumbing and other construction installation activities 43291Other construction installation 43120Site preparation 43120Site preparation+8

Joint committees (2)

12400
20000

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 17 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
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 €
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 €
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 €
Balance sheet
Equity	1 M €	+17.6%	885,8 k €	-37.6%	1,4 M €	+20.7%	1,2 M €	+23.1%	956 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 €
Cash	606,5 k €	+295%	153,5 k €	-76.9%	665,4 k €	+431%	125,2 k €	-71.6%	440,4 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 €
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

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
NIVOLO GROUP0631.856.317Represented by Benjamin Talpe	Directorsince 06/07/2015Manager06/07/2015 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CILIX0651.805.752Represented by Jonas Vanthuyne	Director07/08/2019 → 2021 accounts
ELONOOR0630.804.064Represented by Kathy Declercq	Manager06/07/2015 → 2015 accounts
Kathy Declercq	Manager01/10/2010 → 06/07/2015

Other companies at this address

Meirestraat(KRU) 9 9770 Kruisem

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

Full financial information

Source · NBB

	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 17 filings

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

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/12/2025

1 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
NIVOLO GROUP0631.856.317Represented by Benjamin Talpe	Directorsince 06/07/2015Manager06/07/2015 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CILIX0651.805.752Represented by Jonas Vanthuyne	Director07/08/2019 → 2021 accounts
ELONOOR0630.804.064Represented by Kathy Declercq	Manager06/07/2015 → 2015 accounts
Kathy Declercq	Manager01/10/2010 → 06/07/2015

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

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

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings17 filings

Mandates

NIVOLO GROUP

CILIX

ELONOOR

Kathy Declercq

Bart Bracke

JOHAN BRACKE

2008200920102011201220132014201520162017201820192020202120222023202420252026

NIVOLO

Meirestraat(KRU) 9, 9770 Kruisem

DirectorManager

Director

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Meirestraat(KRU) 9, 9770 KruisemCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00446435
Oude Waalstraat 288, 9870 Zulte	accounts 2021	Accounts 2021 · 2022-20324908

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
NIVOLOCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00446435

Events

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

NIVOLO

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events