ACTIVE

NDCMS

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Financial year 2025 · closed on 31/12/2025

Net result

392,9 k €

+98.0% YoY

Gross margin

699 k €

+70.3% YoY

Equity

774,7 k €

+20.0% YoY

What does NDCMS do?

NDCMS is a Private limited company incorporated in 2011. Its registered office is in Lochristi.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0841.952.674

Incorporation

05/12/2011

Legal form

Private limited company

Registered office

Lichtelarestraat 49
9080 Lochristi · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

68100Buying and selling of own real estate· main 68110Buying and selling of own real estate 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate 82300Organisation of conventions and trade shows 82300Organisation of conventions and trade shows+2

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	699 k €	+70.3%	410,4 k €	+174%	150 k €	-40.1%	250,4 k €	+0.9%	248,2 k €	+71.2%	145 k €	+15.7%	125,4 k €	-50.2%	251,8 k €	+11.7%	225,4 k €	+7.7%	209,3 k €	-0.6%	210,6 k €	+3.2%	204 k €	+1.8%	200,4 k €	+13.4%	176,7 k €
EBITDA	696,2 k €	+70.7%	407,8 k €	+177%	147,5 k €	-40.5%	248 k €	+1.1%	245,3 k €	+72.4%	142,3 k €	+16.6%	122 k €	-51.2%	249,8 k €	+12.2%	222,6 k €	+8.2%	205,8 k €	-1.2%	208,2 k €	+3.5%	201,2 k €	+1.3%	198,6 k €	+13.6%	174,8 k €
Operating result	573,3 k €	+100%	286,3 k €	+672%	37,1 k €	-78.7%	174,6 k €	-17.7%	212,1 k €	+95.1%	108,7 k €	+41.3%	76,9 k €	-59.5%	189,9 k €	-6.0%	202,1 k €	+9.2%	185,1 k €	-4.4%	193,6 k €	+3.7%	186,8 k €	-1.4%	189,5 k €	+15.6%	163,9 k €
Net result	392,9 k €	+98.0%	198,4 k €	+583%	29,1 k €	-79.2%	140 k €	-2.8%	144 k €	+122%	65 k €	+18.7%	54,8 k €	-56.8%	126,8 k €	+6.1%	119,6 k €	+6.9%	111,8 k €	+16.2%	96,2 k €	-7.2%	103,7 k €	-17.2%	125,2 k €	+17.1%	107 k €
Balance sheet
Equity	774,7 k €	+20.0%	645,5 k €	+44.4%	447,1 k €	-17.9%	544,8 k €	+3.9%	524,4 k €	+6.5%	492,2 k €	-34.3%	749 k €	-5.9%	796,3 k €	+18.9%	669,5 k €	+21.7%	549,9 k €	+25.5%	438,1 k €	+27.6%	343,5 k €	+42.3%	241,4 k €	+105%	117,8 k €
Total assets	1,5 M €	-4.9%	1,5 M €	+8.6%	1,4 M €	+2.6%	1,4 M €	+7.3%	1,3 M €	+53.2%	842 k €	+6.5%	790,5 k €	-7.7%	856,7 k €	+21.4%	705,7 k €	+15.1%	613 k €	+20.1%	510,5 k €	+0.8%	506,5 k €	+48.8%	340,4 k €	+51.6%	224,4 k €
Cash	334,3 k €	+16.6%	286,8 k €	+625%	39,5 k €	-67.5%	121,7 k €	-64.0%	337,6 k €	+397%	67,9 k €	-48.1%	131 k €	-23.8%	171,8 k €	-41.2%	292,3 k €	+58.4%	184,5 k €	-36.6%	290,9 k €	-10.7%	325,7 k €	+130%	141,4 k €	+173%	51,8 k €
Debts	691,2 k €	-22.9%	896,2 k €	-7.8%	972,1 k €	+18.0%	823,4 k €	+8.9%	755,8 k €	+117%	348,5 k €	+766%	40,3 k €	-31.9%	59,1 k €	+69.1%	35 k €	-43.4%	61,7 k €	-12.9%	70,9 k €	-56.1%	161,6 k €	+65.4%	97,7 k €	-7.2%	105,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Els Van Herreweghe

Director · since 01 octobre 2022

Active

Nicolas De Clercq

Director · since 05 décembre 2011

Active

Ended mandates

Els Van Herreweghe

Director

Ended

Nicolas De Clercq

Director

Ended

Nicolas De Clercq

Manager

Ended

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	01/01/2025	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	29/07/2026	28/08/2025	31/07/2024	28/07/2023	31/08/2022	13/07/2021
General meeting	25/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	25/06/2026	29/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	28/08/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	31/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	28/07/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	13/07/2021	Dutch	PDF
Micro model	31/12/2019	30/06/2020	30/07/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	19/07/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	26/07/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	25/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	13/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	14/07/2015	Dutch	PDF
Abridged model	31/12/2013	05/05/2014	03/06/2014	Dutch	PDF
Abridged model	31/12/2012	04/06/2013	12/06/2013	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Els Van Herreweghe

Director · since 01 octobre 2022

Active

Nicolas De Clercq

Director · since 05 décembre 2011

Active

Ended mandates

Els Van Herreweghe

Director

Ended

Nicolas De Clercq

Director

Ended

Nicolas De Clercq

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/02/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Other30/12/2011
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 2025392,9 k €↑
2024
Annual accounts 2024198,4 k €↑
2023
Annual accounts 202329,1 k €↓
2022
Annual accounts 2022140 k €↓
2021
Annual accounts 2021144 k €↑
2020
Annual accounts 202065 k €↑
2019
Annual accounts 201954,8 k €↓
2018
Annual accounts 2018126,8 k €↑
2017
Annual accounts 2017119,6 k €↑
2016
Annual accounts 2016111,8 k €↑
2015
Annual accounts 201596,2 k €↓
2014
Annual accounts 2014103,7 k €↓
2013
Annual accounts 2013125,2 k €↑
2012
Annual accounts 2012107 k €
05/12/2011
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

NDCMS

Overview

What does NDCMS do?

Trend over 14 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