ACTIVE

NORTH_C

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Financial year 2025 · closed on 30/06/2025

Net result

34,9 k €

-37.2% YoY

Gross margin

58,4 k €

-29.2% YoY

Equity

257,3 k €

-17.0% YoY

What does NORTH_C do?

NORTH_C is a Private company with limited liability incorporated in 2003. Its main activity is: Management consultancy activities. Its registered office is in Mechelen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0861.195.692

Incorporation

21/10/2003

Legal form

Private company with limited liability

Registered office

Kanunnik De Deckerstraat 7 box 3
2800 Mechelen · FlandreSee on map

Contributed capital

6 213,55 €

Latest accounts

30/06/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 46190Agents involved in the sale of a variety of goods 46190Agents involved in the sale of a variety of goods 51190Passenger air transport+12

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	58,4 k €	-29.2%	82,4 k €	+55.6%	53 k €	+18.5%	44,7 k €	-35.7%	69,5 k €	+81.1%	38,4 k €	-36.0%	60 k €	-34.4%	91,5 k €	+205%	30 k €	-74.5%	117,9 k €	-37.4%	188,3 k €	+4.3%	180,6 k €	+18.8%	151,9 k €	+97.5%	76,9 k €	+111%	36,4 k €	-81.9%	201,4 k €	+65.9%	121,4 k €	+33.3%	91,1 k €	+90.4%	47,8 k €
EBITDA	57,2 k €	-29.7%	81,3 k €	+56.4%	52 k €	+19.0%	43,6 k €	-36.4%	68,7 k €	+83.0%	37,5 k €	-36.5%	59,1 k €	-34.7%	90,6 k €	+213%	28,9 k €	-75.2%	116,8 k €	-37.7%	187,5 k €	+4.9%	178,8 k €	+18.1%	151,4 k €	+97.9%	76,5 k €	+113%	35,9 k €	-82.1%	200,8 k €	+66.0%	121 k €	+33.4%	90,7 k €	+91.3%	47,4 k €
Operating result	52,3 k €	-32.3%	77,3 k €	+57.4%	49,1 k €	+16.7%	42 k €	-32.6%	62,4 k €	+95.4%	31,9 k €	-40.0%	53,3 k €	-37.1%	84,7 k €	+307%	20,8 k €	-81.8%	114,1 k €	-37.9%	183,7 k €	+5.3%	174,5 k €	+18.1%	147,8 k €	+105%	72 k €	+130%	31,3 k €	-84.1%	197,3 k €	+66.4%	118,5 k €	+40.7%	84,3 k €	+103%	41,6 k €
Net result	34,9 k €	-37.2%	55,6 k €	+52.9%	36,3 k €	+13.8%	31,9 k €	-31.4%	46,6 k €	+91.6%	24,3 k €	-38.6%	39,6 k €	-27.6%	54,7 k €	+244%	15,9 k €	-72.4%	57,6 k €	-49.5%	114,2 k €	-12.5%	130,5 k €	+18.7%	110 k €	+114%	51,4 k €	+136%	21,7 k €	-83.3%	130 k €	+64.4%	79,1 k €	+49.3%	53 k €	+97.2%	26,9 k €
Balance sheet
Equity	257,3 k €	-17.0%	310,2 k €	+9.0%	284,6 k €	+7.2%	265,4 k €	-54.7%	585,9 k €	+8.4%	540,6 k €	+4.5%	517,5 k €	+8.0%	479,1 k €	+12.7%	425,2 k €	+3.9%	409,3 k €	+16.4%	351,7 k €	+48.1%	237,5 k €	+67.3%	142 k €	+141%	59 k €	+629%	8,1 k €	-0.2%	8,1 k €	-91.5%	95,6 k €	+478%	16,6 k €	+2.9%	16,1 k €
Total assets	372,5 k €	-3.7%	386,8 k €	+9.6%	353 k €	-44.3%	634,1 k €	+3.2%	614,4 k €	+7.4%	571,8 k €	+4.5%	547,1 k €	+5.0%	521,2 k €	+20.0%	434,3 k €	+0.9%	430,4 k €	+4.9%	410,1 k €	+33.0%	308,4 k €	+30.4%	236,5 k €	+86.9%	126,5 k €	-41.0%	214,4 k €	-18.7%	263,7 k €	+68.2%	156,8 k €	+43.8%	109 k €	-24.8%	144,9 k €
Cash	135 k €	-6.0%	143,7 k €	+55.7%	92,3 k €	-72.4%	334,4 k €	-7.7%	362,5 k €	+4.9%	345,4 k €	+17.5%	293,9 k €	-14.9%	345,3 k €	+14.2%	302,4 k €	-11.4%	341,4 k €	-0.4%	342,9 k €	+20.8%	283,8 k €	+73.8%	163,3 k €	+469%	28,7 k €	-79.9%	142,9 k €	-14.7%	167,6 k €	+36.5%	122,8 k €	+29.6%	94,8 k €	+28.9%	73,5 k €
Debts	113,8 k €	+53.5%	74,1 k €	+10.4%	67,2 k €	-81.7%	367,5 k €	+1249%	27,2 k €	-9.5%	30,1 k €	+5.7%	28,5 k €	-30.4%	40,9 k €	+404%	8,1 k €	-59.6%	20,1 k €	-65.0%	57,5 k €	-17.8%	69,9 k €	-25.3%	93,5 k €	+40.5%	66,6 k €	-67.6%	205,3 k €	-19.3%	254,4 k €	+324%	60 k €	-34.5%	91,6 k €	-28.4%	128 k €

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 30/06/2025 · 2 active · 6 ended

Active mandates

Geert Verstraete

Director · since 21 octobre 2003

Active

Hilde Martens

Director · since 21 octobre 2003

Active

Ended mandates

Geert Verstraete

Director · since 13 octobre 2003

Ended

Geert Verstraete

Manager · since 13 octobre 2003

Ended

Hilde Martens

Director · since 13 octobre 2003

Ended

Hilde Martens

Manager · since 13 octobre 2003

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/12/2025	31/01/2025	29/01/2024	26/01/2023	31/01/2022	18/02/2021
General meeting	09/12/2025	31/01/2025	30/12/2023	30/12/2022	20/12/2021	21/12/2020
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	09/12/2025	10/12/2025	Dutch	PDF
Micro model	30/06/2024	31/01/2025	31/01/2025	Dutch	PDF
Micro model	30/06/2023	30/12/2023	29/01/2024	Dutch	PDF
Micro model	30/06/2022	30/12/2022	26/01/2023	Dutch	PDF
Micro model	30/06/2021	20/12/2021	31/01/2022	Dutch	PDF
Micro model	30/06/2020	21/12/2020	18/02/2021	Dutch	PDF
Micro model	30/06/2019	20/12/2019	28/01/2020	Dutch	PDF
Micro model	30/06/2018	20/12/2018	31/01/2019	Dutch	PDF
Micro model	30/06/2017	30/12/2017	30/01/2018	Dutch	PDF
Abridged model	30/06/2016	30/12/2016	30/01/2017	Dutch	PDF
Abridged model	30/06/2015	30/12/2015	15/01/2016	Dutch	PDF
Abridged model	30/06/2014	20/12/2014	15/01/2015	Dutch	PDF
Abridged model	30/06/2013	28/12/2013	06/02/2014	Dutch	PDF
Abridged model	30/06/2012	28/12/2012	28/02/2013	Dutch	PDF
Abridged model	30/06/2011	20/12/2011	13/03/2012	Dutch	PDF
Abridged model	30/06/2010	30/12/2010	28/02/2011	Dutch	PDF
Abridged model	30/06/2009	30/12/2009	19/02/2010	Dutch	PDF
Abridged model	30/06/2008	30/12/2008	19/02/2009	Dutch	PDF
Abridged model	30/06/2007	29/12/2007	14/02/2008	Dutch	PDF
Abridged model	30/06/2006	30/12/2006	13/02/2007	Dutch	PDF

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 30/06/2025 · 2 active · 6 ended

Active mandates

Geert Verstraete

Director · since 21 octobre 2003

Active

Hilde Martens

Director · since 21 octobre 2003

Active

Ended mandates

Geert Verstraete

Director · since 13 octobre 2003

Ended

Geert Verstraete

Manager · since 13 octobre 2003

Ended

Hilde Martens

Director · since 13 octobre 2003

Ended

Hilde Martens

Manager · since 13 octobre 2003

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other28/10/2003
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 202534,9 k €↓
2024
Annual accounts 202455,6 k €↑
2023
Annual accounts 202336,3 k €↑
2022
Annual accounts 202231,9 k €↓
2021
Annual accounts 202146,6 k €↑
2020
Annual accounts 202024,3 k €↓
2019
Annual accounts 201939,6 k €↓
2018
Annual accounts 201854,7 k €↑
2017
Annual accounts 201715,9 k €↓
2016
Annual accounts 201657,6 k €↓
2015
Annual accounts 2015114,2 k €↓
2014
Annual accounts 2014130,5 k €↑
2013
Annual accounts 2013110 k €↑
2012
Annual accounts 201251,4 k €↑
2011
Annual accounts 201121,7 k €↓
2010
Annual accounts 2010130 k €↑
2009
Annual accounts 200979,1 k €↑
2008
Annual accounts 200853 k €↑
2007
Annual accounts 200726,9 k €
21/10/2003
IncorporationPrivate company with limited liability

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

NORTH_C

Overview

What does NORTH_C do?

Trend over 19 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