NDL
0835.775.358 · rovalta.com · 22/09/2026
ACTIVE
NDL
Financial year 2025 · closed on 30/11/2025
Net result
-3,5 k €
+98.0% YoY
Gross margin
65,9 k €
+158.7% YoY
Equity
-131,2 k €
-2.7% YoY
Overview
What does NDL do?
NDL is a Private company with limited liability incorporated in 2011. Its main activity is: Construction of buildings. Its registered office is in Ninove.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0835.775.358
Incorporation
26/04/2011
Legal form
Private company with limited liability
Registered office
Aalstersesteenweg 271
9400 Ninove · FlandreSee on map
9400 Ninove · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
30/11/2025
Activities (NACE)
Signals
Positive EBITDA
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Financials
Trend over 14 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||
| Gross margin | 65,9 k € | +159% | -112,2 k € | -373% | -23,7 k € | +54.9% | -52,5 k € | -90.9% | -27,5 k € | +17.1% | -33,2 k € | -211% | 29,9 k € | +194% | -31,8 k € | -112% | 270 k € | +1527% | 16,6 k € | -79.5% | 81,1 k € | +8901% | -921,8 € | -9.6% | -841,2 € | +24.7% | -1,1 k € |
| EBITDA | 65,6 k € | +158% | -112,8 k € | -201% | -37,5 k € | +30.6% | -54,1 k € | -83.2% | -29,5 k € | +12.4% | -33,7 k € | -221% | 27,9 k € | +184% | -33,2 k € | -112% | 269,2 k € | +1559% | 16,2 k € | -79.7% | 80,1 k € | +5847% | -1,4 k € | -6.3% | -1,3 k € | +32.1% | -1,9 k € |
| Operating result | 65,5 k € | +158% | -112,9 k € | -200% | -37,6 k € | +30.6% | -54,2 k € | -82.4% | -29,7 k € | +12.4% | -33,9 k € | -229% | 26,4 k € | +176% | -34,7 k € | -113% | 267,7 k € | +1723% | 14,7 k € | -81.3% | 78,6 k € | +5742% | -1,4 k € | -6.3% | -1,3 k € | +54.0% | -2,9 k € |
| Net result | -3,5 k € | +98.0% | -173,3 k € | -150% | -69,2 k € | -25.0% | -55,4 k € | -158% | -21,5 k € | +48.3% | -41,5 k € | -230% | 32 k € | +188% | -36,3 k € | -121% | 172,8 k € | +1427% | 11,3 k € | -78.5% | 52,7 k € | +4016% | -1,3 k € | -7.5% | -1,3 k € | +57.1% | -2,9 k € |
| Balance sheet | |||||||||||||||||||||||||||
| Equity | -131,2 k € | -2.7% | -127,6 k € | -380% | 45,6 k € | -60.3% | 114,9 k € | -32.5% | 170,2 k € | -11.2% | 191,7 k € | -17.8% | 233,2 k € | +15.9% | 201,2 k € | -15.3% | 237,5 k € | +267% | 64,7 k € | +21.2% | 53,4 k € | +7654% | 688,4 € | -66.2% | 2 k € | -38.1% | 3,3 k € |
| Total assets | 752,7 k € | -26.0% | 1 M € | +17.2% | 867,8 k € | +30.5% | 665,2 k € | -16.9% | 800,3 k € | +10.0% | 727,5 k € | +58.6% | 458,8 k € | -35.9% | 715,5 k € | -12.7% | 819,5 k € | +8.3% | 756,5 k € | +671% | 98,2 k € | +5440% | 1,8 k € | -31.0% | 2,6 k € | -21.9% | 3,3 k € |
| Cash | 21,4 k € | +12587% | 169 € | -99.8% | 103,4 k € | +20419% | 504,1 € | -98.6% | 36,4 k € | +4913% | 725,8 € | -87.6% | 5,8 k € | +2201% | 254 € | -91.4% | 2,9 k € | -98.5% | 201,7 k € | +36457% | 551,7 € | +427% | 104,7 € | -65.5% | 303,6 € | -90.5% | 3,2 k € |
| Debts | 883,9 k € | -10.9% | 991,9 k € | +36.8% | 725,2 k € | +31.8% | 550,3 k € | -12.7% | 630,1 k € | +17.6% | 535,8 k € | +138% | 225,6 k € | -56.1% | 514,3 k € | +3.6% | 496,6 k € | +348% | 110,8 k € | +147% | 44,8 k € | +4567% | 959,4 € | +80.2% | 532,4 € | – | |
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/11/2025 · 1 active · 7 ended
Active mandates
Louis De Saedeleer
ActiveEnded mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
NINiVE CONSTRUCT● Active | 0454.186.464 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/12/2024 | 01/12/2023 | 01/12/2022 | 01/12/2021 | 01/12/2020 | 01/12/2019 |
| Closing of the financial year | 30/11/2025 | 30/11/2024 | 30/11/2023 | 30/11/2022 | 30/11/2021 | 30/11/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 16/09/2026 | 30/06/2025 | 24/09/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 |
| General meeting | 31/05/2026 | 30/06/2025 | 03/05/2024 | 05/05/2023 | 31/05/2022 | 30/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
14 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/11/2025 | 31/05/2026 | 16/09/2026 | Dutch | |
| Micro model | 30/11/2024 | 30/06/2025 | 30/06/2025 | Dutch | |
| Micro model | 30/11/2023 | 03/05/2024 | 24/09/2024 | Dutch | |
| Micro model | 30/11/2022 | 05/05/2023 | 30/06/2023 | Dutch | |
| Micro model | 30/11/2021 | 31/05/2022 | 30/06/2022 | Dutch | |
| Micro model | 30/11/2020 | 30/05/2021 | 30/06/2021 | Dutch | |
| Micro model | 30/11/2019 | 01/05/2020 | 12/06/2020 | Dutch | |
| Micro model | 30/11/2018 | 03/05/2019 | 05/06/2019 | Dutch | |
| Micro model | 30/11/2017 | 04/05/2018 | 19/07/2018 | Dutch | |
| Abridged model | 30/11/2016 | 05/05/2017 | 29/06/2017 | Dutch | |
| Abridged model | 30/11/2015 | 06/05/2016 | 24/05/2016 | Dutch | |
| Abridged model | 30/11/2014 | 04/05/2015 | 29/05/2015 | Dutch | |
| Abridged model | 30/11/2013 | 02/05/2014 | 18/06/2014 | Dutch | |
| Abridged model | 30/11/2012 | 03/05/2013 | 31/05/2013 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 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.
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
Governance
Board of directors
Seen on filing of 30/11/2025 · 1 active · 7 ended
Active mandates
Louis De Saedeleer
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates12/12/2024ONTSLAGEN - BENOEMINGEN
- Mandates16/02/2016ONTSLAGEN - BENOEMINGEN
- Mandates23/02/2015BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
- Mandates01/09/2014ONTSLAGEN - BENOEMINGEN
- Registered office07/04/2014MAATSCHAPPELIJKE ZETEL - DIVERSEN
- Other29/04/2011RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-3,5 k €↑
- 2024Annual accounts 2024-173,3 k €↓
- 2024Name changeN.D.L.
- 2023Annual accounts 2023-69,2 k €↓
- 2022Annual accounts 2022-55,4 k €↓
- 2021Annual accounts 2021-21,5 k €↑
- 2020Annual accounts 2020-41,5 k €↓
- 2019Annual accounts 201932 k €↑
- 2018Annual accounts 2018-36,3 k €↓
- 2017Annual accounts 2017172,8 k €↑
- 2016Annual accounts 201611,3 k €↓
- 2015Annual accounts 201552,7 k €↑
- 2014Annual accounts 2014-1,3 k €↓
- 2014Name changeNDL
- 2013Annual accounts 2013-1,3 k €↑
- 2012Annual accounts 2012-2,9 k €
- 2012Name changeTristan Energy
- 26/04/2011IncorporationPrivate company with limited liability