NICOBA FINANCE
0823.561.870 · rovalta.com · 25/09/2026
ACTIVE
NICOBA FINANCE
Financial year 2025 · Closed on 31/12/2025
Net result1,1 M €-9,3 %over 1 year
Gross margin-2,3 k €+5,8 %over 1 year
Equity20,2 M €+5,8 %over 1 year
Overview
Identity
Source · BCE/KBONICOBA FINANCE is a Public limited company incorporated in 2010. Its registered office is in Gent.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0823.561.870
- Incorporation
- 02/03/2010
- Legal form
- Public limited company
- Registered office
- Bollebergen 2A box 30
9052 Gent · FlandreSee on map - Contributed capital
- 17 200 000,00 €
- Latest accounts
- 31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
Financials
Source · NBB, 16 filingsTrend over 15 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | -2,3 k € | +5.8% | -2,4 k € | -3.8% | -2,3 k € | +27.9% | -3,3 k € | -49.7% | -2,2 k € |
| EBITDA | -3,4 k € | +3.0% | -3,5 k € | -3.0% | -3,4 k € | +20.7% | -4,3 k € | -37.1% | -3,2 k € |
| Operating result | -3,4 k € | +3.0% | -3,5 k € | -3.0% | -3,4 k € | +20.7% | -4,3 k € | -37.1% | -3,2 k € |
| Net result | 1,1 M € | -9.3% | 1,2 M € | +0.1% | 1,2 M € | +345% | -495,7 k € | -140% | 1,2 M € |
| Balance sheet | |||||||||
| Equity | 20,2 M € | +5.8% | 19,1 M € | +6.8% | 17,9 M € | +7.3% | 16,7 M € | -2.9% | 17,2 M € |
| Total assets | 25,1 M € | +3.7% | 24,2 M € | +13.7% | 21,3 M € | +9.3% | 19,5 M € | +13.4% | 17,2 M € |
| Cash | 178,4 k € | -93.6% | 2,8 M € | +377% | 586 k € | -70.3% | 2 M € | +63.9% | 1,2 M € |
| Debts | 4,9 M € | -4.0% | 5,1 M € | +50.0% | 3,4 M € | +21.3% | 2,8 M € | – | |
Valuation
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20254 active · 9 ended
Active mandates
Ended mandates
Benni Borré
EndedRudolf Borré
EndedRudolf Borré
EndedGhislaine Heiremans
EndedOther companies at this address
Bollebergen 2A 9052 Gent| Company | CBE no. |
|---|---|
AXIONA● Active | 0435.513.370 |
CAFRA● Active | 0753.615.269 |
EVEREST ADVOCATEN GENT● Active | 0843.239.014 |
KENBAT● Active | 0441.501.735 |
LHS16● Active | 1040.102.096 |
NICOBA● Active | 0444.379.467 |
RAMI SERVICES● Active | 0479.372.317 |
TRANSBAT● Active | 0415.829.694 |
ZAMIA● Active | 0845.418.247 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 30/12/2021 | 30/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 13 months | 13 months | 13 months |
| Filing date | 02/07/2026 | 01/07/2025 | 01/07/2024 | 03/07/2023 | 27/06/2022 | 13/07/2021 |
| General meeting | 26/06/2026 | 27/06/2025 | 28/06/2024 | 30/06/2023 | 24/06/2022 | 25/06/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 16 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 26/06/2026 | 02/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 27/06/2025 | 01/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 28/06/2024 | 01/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 30/06/2023 | 03/07/2023 | Dutch | |
| Abridged model | 30/12/2021 | 24/06/2022 | 27/06/2022 | Dutch | |
| Micro model | 30/12/2020 | 25/06/2021 | 13/07/2021 | Dutch | |
| Micro model | 30/12/2019 | 26/06/2020 | 30/06/2020 | Dutch | |
| Micro model | 30/12/2018 | 28/06/2019 | 01/07/2019 | Dutch | |
| Micro model | 30/12/2017 | 29/06/2018 | 02/07/2018 | Dutch | |
| Abridged model | 30/12/2016 | 30/06/2017 | 03/07/2017 | Dutch | |
| Full model | 30/12/2015 | 24/06/2016 | 28/06/2016 | Dutch | |
| Full model | 30/12/2014 | 26/06/2015 | 01/07/2015 | Dutch | |
| Full model | 30/12/2013 | 27/06/2014 | 30/06/2014 | Dutch | |
| Full model | 30/12/2012 | 28/06/2013 | 01/08/2013 | Dutch | |
| Full model | 30/12/2011 | 29/06/2012 | 24/08/2012 | Dutch | |
| Full model | 30/12/2010 | 24/06/2011 | 28/07/2011 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20254 active · 9 ended
Active mandates
Ended mandates
Benni Borré
EndedRudolf Borré
EndedRudolf Borré
EndedGhislaine Heiremans
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates13/06/2023ONTSLAGEN - BENOEMINGEN
- Mandates09/03/2022STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
- Mandates23/08/2021ONTSLAGEN - BENOEMINGEN
- Mandates11/02/2020ONTSLAGEN - BENOEMINGEN
- Mandates19/02/2018ONTSLAGEN - BENOEMINGEN
- Capital / shares31/01/2017KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates23/11/2016ONTSLAGEN - BENOEMINGEN
- Mandates26/10/2015ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,1 M €↓
- 2024Annual accounts 20241,2 M €↑
- 2023Annual accounts 20231,2 M €↑
- 2022Annual accounts 2022-495,7 k €↓
- 2021Annual accounts 20211,2 M €↑
- 2020Annual accounts 2020298,3 k €↓
- 2019Annual accounts 2019389,8 k €↓
- 2018Annual accounts 2018418,4 k €↑
- 2017Annual accounts 2017-142,1 k €↑
- 2015Annual accounts 2015-1,9 M €↓
- 2014Annual accounts 2014131,4 k €↑
- 2013Annual accounts 2013128,4 k €↑
- 2012Annual accounts 2012-1,8 M €↓
- 2011Annual accounts 2011212,5 k €↑
- 2010Annual accounts 2010167 k €
- 02/03/2010IncorporationPublic limited company