ACTIVE

NGroup

Financial year 2025 · closed on 31/12/2025
Net result
0 €
Gross margin
3,3 M €
+2.7% YoY
Equity
560 k €
0.0% YoY
Workforce
29,6 ETP
-1.3% YoY

What does NGroup do?

NGroup is a General partnership incorporated in 2010. Its main activity is: Activities of head offices. Its registered office is in Evere. It employs on average 29,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0827.580.838
Incorporation
06/07/2010
Legal form
General partnership
Registered office
Chaussée de Louvain 775/1
1140 Evere · BruxellesSee on map
Contributed capital
560 000,00 €
Latest accounts
31/12/2025
Average workforce
29,6 ETP
Joint committees (2)
  • 200
  • 218
Signals
Solid equityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920172016201520142013201220112010
Income statement
Gross margin3,3 M €3,2 M €3 M €3,1 M €3,1 M €3,1 M €3,2 M €3 M €2,6 M €2,5 M €2,2 M €2,1 M €1,9 M €1,5 M €386,8 k €
EBITDA344,1 k €328,1 k €313,4 k €346,1 k €369,4 k €429,1 k €473 k €445,3 k €381,6 k €355,9 k €322,4 k €284 k €247,3 k €160,8 k €68,6 k €
Operating result304,6 €262 €-2,1 k €11,3 k €9,4 k €10 k €10,5 k €10,2 k €10,1 k €12,6 k €13,8 k €13,3 k €20,6 k €-8,7 k €34,8 k €
Net result0 €0 €0 €0 €
Balance sheet
Equity560 k €560 k €560 k €
Total assets1,8 M €1,9 M €1,9 M €1,9 M €1,9 M €1,8 M €2 M €2,4 M €1,9 M €1,8 M €1,8 M €1,8 M €1,7 M €1,5 M €1,4 M €
Cash34,8 k €49,3 k €63,7 k €209,9 k €86,8 k €150,1 k €246,1 k €118,8 k €2,9 k €93,2 k €313,7 k €209,6 k €210 k €163,9 k €102,9 k €
Debts1,2 M €1,3 M €1,4 M €1,9 M €1,9 M €1,8 M €2 M €2,4 M €1,9 M €1,8 M €1,8 M €1,7 M €1,7 M €1,5 M €1,3 M €
Other
Workforce29,6 ETP30,0 ETP29,7 ETP31,8 ETP32,5 ETP33,7 ETP34,9 ETP30,2 ETP28,7 ETP28,5 ETP25,4 ETP24,3 ETP21,8 ETP20,3 ETP15,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 17 ended

Active mandates

BRUNO DE CARTIER

Manager · since 15 mai 2025 · until 19 mai 2028

Active
KIM BEYNS

Manager · since 15 mai 2025 · until 19 mai 2028

Active
BRUNO DE CARTIER

Manager · since 19 mai 2022 · until 15 mai 2025

Active
KIM BEYNS

Manager · since 19 mai 2022 · until 15 mai 2025

Active

Ended mandates

BRUNO DE CARTIER

Manager · since 16 mai 2019 · until 19 mai 2022

Ended
MARC VOSSEN

Manager · since 16 mai 2019 · until 19 mai 2022

Ended
BRUNO DE CARTIER

Mandate · since 28 juin 2016 · until 16 mai 2019

Ended
BRUNO DE CARTIER

Manager · since 28 juin 2016 · until 16 mai 2019

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/05/202620/05/202523/05/202422/05/202308/06/202228/05/2021
General meeting15/05/202616/05/202517/05/202419/05/202319/05/202220/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/05/202620/05/2026FrenchPDF
Abridged model31/12/202416/05/202520/05/2025FrenchPDF
Abridged model31/12/202317/05/202423/05/2024FrenchPDF
Abridged model31/12/202219/05/202322/05/2023FrenchPDF
Abridged model31/12/202119/05/202208/06/2022FrenchPDF
Abridged model31/12/202020/05/202128/05/2021FrenchPDF
Abridged model31/12/201915/05/202025/05/2020FrenchPDF
Abridged model31/12/201816/05/201919/06/2019FrenchPDF
Abridged model31/12/201717/05/201831/05/2018FrenchPDF
Abridged model31/12/201618/05/201730/05/2017FrenchPDF
Abridged model31/12/201519/05/201613/06/2016FrenchPDF
Abridged model31/12/201421/05/201519/06/2015FrenchPDF
Abridged model31/12/201315/05/201420/06/2014FrenchPDF
Abridged model31/12/201216/05/201320/06/2013FrenchPDF
Abridged model31/12/201126/06/201227/06/2012FrenchPDF
Abridged model31/12/201019/05/201123/06/2011FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 4 active · 17 ended

Active mandates

BRUNO DE CARTIER

Manager · since 15 mai 2025 · until 19 mai 2028

Active
KIM BEYNS

Manager · since 15 mai 2025 · until 19 mai 2028

Active
BRUNO DE CARTIER

Manager · since 19 mai 2022 · until 15 mai 2025

Active
KIM BEYNS

Manager · since 19 mai 2022 · until 15 mai 2025

Active

Ended mandates

BRUNO DE CARTIER

Manager · since 16 mai 2019 · until 19 mai 2022

Ended
MARC VOSSEN

Manager · since 16 mai 2019 · until 19 mai 2022

Ended
BRUNO DE CARTIER

Mandate · since 28 juin 2016 · until 16 mai 2019

Ended
BRUNO DE CARTIER

Manager · since 28 juin 2016 · until 16 mai 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/12/2023
    DENOMINATION - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates17/08/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/08/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/07/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/08/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/07/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/08/2014
    DEMISSIONS, NOMINATIONS
    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

Timeline

  1. 2025
    Annual accounts 20250 €
  2. 2024
    Annual accounts 20240 €
  3. 2023
    Annual accounts 20230 €
  4. 2023
    Name changeNGroup
  5. 2022
    Annual accounts 20220 €
  6. 2022
    Name changeNOS'ENERGIES G.I.E.
  7. 2021
    Annual accounts 2021
  8. 2021
    Name changeNOS'ENERGIES
  9. 2020
    Annual accounts 2020
  10. 2019
    Annual accounts 2019
  11. 2017
    Annual accounts 2017
  12. 2016
    Annual accounts 2016
  13. 2015
    Annual accounts 2015
  14. 2014
    Annual accounts 2014
  15. 2013
    Annual accounts 2013
  16. 2012
    Annual accounts 2012
  17. 2011
    Annual accounts 2011
  18. 2010
    Annual accounts 2010
  19. 06/07/2010
    IncorporationGeneral partnership