ACTIVE

NCE

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Financial year 2025 · closed on 31/12/2025

Net result

2 k €

+102.5% YoY

Gross margin

90,2 k €

+1143.4% YoY

Equity

1,7 M €

+0.1% YoY

What does NCE do?

NCE is a Private limited company incorporated in 2009. Its main activity is: Wired telecommunications activities. Its registered office is in Zandhoven.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0810.679.181

Incorporation

17/03/2009

Legal form

Private limited company

Registered office

Molenheide 68 box A
2242 Zandhoven · FlandreSee on map

Contributed capital

8 060,00 €

Latest accounts

31/12/2025

Activities (NACE)

61100Wired telecommunications activities· main 61200Wireless telecommunications activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	90,2 k €	+1143%	-8,6 k €	-103%	257,9 k €	+38.9%	185,6 k €	+10.0%	168,8 k €	-12.8%	193,6 k €	+133%	83,1 k €	+7.3%	77,5 k €	+11.7%	69,4 k €	+61.1%	43 k €	-23.7%	56,4 k €	+13.4%	49,7 k €	-58.3%	119,1 k €	+83.2%	65 k €	+88.8%	34,4 k €	+3.9%	33,1 k €
EBITDA	86,4 k €	+506%	-21,3 k €	-114%	148,4 k €	-18.3%	181,7 k €	+9.7%	165,6 k €	-9.8%	183,6 k €	+129%	80,3 k €	+6.2%	75,6 k €	+19.0%	63,5 k €	+56.4%	40,6 k €	-24.4%	53,7 k €	+18.4%	45,4 k €	-60.9%	116,2 k €	+87.5%	62 k €	+98.4%	31,2 k €	+0.2%	31,2 k €
Operating result	47,1 k €	+151%	-91,8 k €	-173%	126,4 k €	-22.9%	164 k €	+10.1%	149 k €	-11.9%	169 k €	+155%	66,3 k €	-1.0%	67 k €	+22.7%	54,6 k €	+65.6%	32,9 k €	-27.8%	45,6 k €	+22.8%	37,1 k €	-65.1%	106,4 k €	+119%	48,7 k €	+56.9%	31 k €	+2.8%	30,2 k €
Net result	2 k €	+102%	-78,8 k €	-106%	1,4 M €	+1414%	90,8 k €	+1.9%	89,1 k €	-11.3%	100,5 k €	+182%	35,7 k €	-7.3%	38,5 k €	+62.8%	23,6 k €	+98.3%	11,9 k €	-43.0%	20,9 k €	-14.3%	24,4 k €	-57.8%	57,7 k €	+104%	28,3 k €	+43.5%	19,7 k €	+10.0%	17,9 k €
Balance sheet
Equity	1,7 M €	+0.1%	1,7 M €	-4.5%	1,8 M €	+308%	431,7 k €	+26.6%	340,9 k €	+29.3%	263,7 k €	+61.6%	163,2 k €	+28.0%	127,5 k €	+43.2%	89,1 k €	+36.1%	65,4 k €	+22.3%	53,5 k €	-51.1%	109,3 k €	+4.2%	104,9 k €	+45.3%	72,2 k €	+64.6%	43,9 k €	+81.8%	24,1 k €
Total assets	3,4 M €	+37.5%	2,5 M €	-11.0%	2,8 M €	+189%	955,6 k €	+4.5%	914,1 k €	-5.4%	965,8 k €	+131%	418,9 k €	+8.3%	386,9 k €	+23.1%	314,2 k €	-1.4%	318,6 k €	+11.0%	287 k €	-1.2%	290,5 k €	-26.9%	397,6 k €	+41.1%	281,8 k €	+259%	78,4 k €	+74.7%	44,9 k €
Cash	172,9 k €	+26.4%	136,8 k €	+48.4%	92,2 k €	-20.2%	115,5 k €	-30.9%	167 k €	-3.1%	172,4 k €	+17.5%	146,8 k €	+185%	51,4 k €	-5.8%	54,6 k €	-6.6%	58,4 k €	+36.3%	42,9 k €	+370%	9,1 k €	-84.2%	57,9 k €	+282%	15,2 k €	+106%	7,4 k €	-3.4%	7,6 k €
Debts	1,7 M €	+119%	769,7 k €	-21.0%	974,7 k €	+87.1%	521 k €	-8.9%	571,8 k €	-18.6%	702,1 k €	+175%	255,7 k €	-1.4%	259,3 k €	+15.2%	225,1 k €	-11.1%	253,2 k €	+8.5%	233,5 k €	+28.8%	181,2 k €	-37.9%	291,7 k €	+39.2%	209,6 k €	+507%	34,5 k €	+66.4%	20,7 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 31/12/2025 · 2 active · 4 ended

Active mandates

Tom Op de Weerdt

bestuurder · since 30 novembre 2023

Active

Werner De Clerck

Director · since 30 novembre 2023

Active

Ended mandates

Werner De Clerck

Director · since 01 juillet 2010

Ended

Werner De Clerck

Manager · since 01 juillet 2010

Ended

Tom Op de Weerdt

Mandate · since 17 mars 2009

Ended

Tom Op de Weerdt

Manager · since 17 mars 2009

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	30/07/2026	27/06/2025	30/07/2024	28/06/2023	15/06/2022	11/06/2021
General meeting	30/06/2026	02/06/2025	30/06/2024	01/06/2023	01/06/2022	01/06/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	30/07/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	27/06/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	30/07/2024	Dutch	PDF
Abridged model	31/12/2022	01/06/2023	28/06/2023	Dutch	PDF
Abridged model	31/12/2021	01/06/2022	15/06/2022	Dutch	PDF
Abridged model	31/12/2020	01/06/2021	11/06/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	10/06/2020	Dutch	PDF
Abridged model	31/12/2018	01/06/2019	03/06/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	06/06/2018	Dutch	PDF
Abridged model	31/12/2016	01/06/2017	21/06/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	28/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	05/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	18/06/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	03/06/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	04/06/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	20/06/2011	Dutch	PDF

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 31/12/2025 · 2 active · 4 ended

Active mandates

Tom Op de Weerdt

bestuurder · since 30 novembre 2023

Active

Werner De Clerck

Director · since 30 novembre 2023

Active

Ended mandates

Werner De Clerck

Director · since 01 juillet 2010

Ended

Werner De Clerck

Manager · since 01 juillet 2010

Ended

Tom Op de Weerdt

Mandate · since 17 mars 2009

Ended

Tom Op de Weerdt

Manager · since 17 mars 2009

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/12/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office09/12/2015
MAATSCHAPPELIJKE ZETEL
PDF
Mandates15/07/2010
ONTSLAGEN - BENOEMINGEN
PDF
Other02/04/2009
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

2025
Annual accounts 20252 k €↑
2024
Annual accounts 2024-78,8 k €↓
2023
Annual accounts 20231,4 M €↑
2022
Annual accounts 202290,8 k €↑
2021
Annual accounts 202189,1 k €↓
2020
Annual accounts 2020100,5 k €↑
2019
Annual accounts 201935,7 k €↓
2018
Annual accounts 201838,5 k €↑
2017
Annual accounts 201723,6 k €↑
2016
Annual accounts 201611,9 k €↓
2015
Annual accounts 201520,9 k €↓
2014
Annual accounts 201424,4 k €↓
2013
Annual accounts 201357,7 k €↑
2012
Annual accounts 201228,3 k €↑
2011
Annual accounts 201119,7 k €↑
2010
Annual accounts 201017,9 k €
17/03/2009
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

NCE

Overview

What does NCE do?

Trend over 16 financial years

Indicative valuation

Board of directors

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