ACTIVE

NDQ

Financial year 2025 · closed on 31/12/2025
Net result
865,1 k €
+87.9% YoY
Revenue
34,7 M €
+11.3% YoY
Equity
5,2 M €
+13.3% YoY
Workforce
23,3 ETP
-2.1% YoY

What does NDQ do?

NDQ is a Private limited company incorporated in 2004. Its main activity is: Freight transport by road. Its registered office is in Brugge. It employs on average 23,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0870.091.384
Incorporation
22/11/2004
Legal form
Private limited company
Registered office
Koffieweg 2
8380 Brugge · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
23,3 ETP
Joint committees (4)
  • 140
  • 14003
  • 226
  • 22600
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue34,7 M €31,1 M €30,7 M €31,7 M €25,3 M €20,6 M €23,9 M €
EBITDA2,1 M €1,6 M €3,4 M €1,7 M €587,6 k €802,9 k €402,7 k €284,9 k €361,8 k €256,8 k €970,7 k €348,1 k €422,7 k €266,3 k €167,6 k €274,2 k €56,1 k €132,3 k €184,4 k €161,6 k €
Operating result1,2 M €673,3 k €2,6 M €1,1 M €188,9 k €485,6 k €90,9 k €41,1 k €183,3 k €180,7 k €896,7 k €255 k €268,3 k €111,7 k €-34,7 k €96,8 k €-45,6 k €-8,1 k €51,9 k €44,8 k €
Net result865,1 k €460,4 k €1,9 M €820 k €85,3 k €363,8 k €67,1 k €81,4 k €211,1 k €197,4 k €409,2 k €98,6 k €147,1 k €40,5 k €-44,1 k €55,8 k €-57,9 k €1,8 k €28,6 k €22,1 k €
Balance sheet
Equity5,2 M €4,5 M €4,3 M €2,6 M €1,7 M €1,6 M €1,3 M €1,2 M €1,1 M €923,1 k €725,7 k €316,6 k €218 k €70,9 k €33,4 k €80,4 k €28,2 k €84,5 k €74,7 k €46,2 k €
Total assets17,3 M €16,2 M €15,4 M €13 M €6,8 M €7,2 M €7,3 M €7,6 M €6,7 M €3,7 M €3 M €2,9 M €2,3 M €1,8 M €1,1 M €1 M €858,5 k €733,2 k €847 k €740,5 k €
Cash1 M €2,6 M €596,2 k €506,1 k €0 €12,4 k €548,2 k €644,7 k €172,8 k €314,6 k €164,7 k €26 k €75,9 k €175,4 k €24,4 k €87 k €10,2 k €113 k €68,9 k €20,3 k €
Debts12,2 M €11,7 M €11 M €10,2 M €4,8 M €5,2 M €5,9 M €6,4 M €5,5 M €2,7 M €2,2 M €2,6 M €2,1 M €1,7 M €1,1 M €954,8 k €826,6 k €644,9 k €767,6 k €690,5 k €
Other
Workforce23,3 ETP23,8 ETP20,3 ETP22,3 ETP17,1 ETP12,5 ETP13,7 ETP13,1 ETP7,8 ETP8,0 ETP7,0 ETP5,2 ETP2,7 ETP1,9 ETP2,0 ETP2,0 ETP1,1 ETP0,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 20 ended

Active mandates

ACE-Consult

Director · since 01 juillet 2024 · 0665.737.130

Represented by Bram Ameloot

Active
BDC LOGISTICS

Director · since 01 juillet 2024 · 0664.799.297

Represented by Birger Declercq

Active
EQ1977

Director · since 01 juillet 2024 · 0802.142.488

Represented by Elke QUAEGEBEUR

Active
ZEELOG

Director · since 01 juillet 2024 · 1011.001.405

Represented by Nicolas DEHAEMERS

Active

Ended mandates

ACE-Consult

Director · since 01 juillet 2024 · 0665.737.130

Represented by Bram AMELOOT

Ended
BDC LOGISTICS

Director · since 01 juillet 2024 · 0664.799.297

Represented by Birger DECLERCQ

Ended
EQ1977

Director · since 21 septembre 2023 · 0802.142.488

Represented by Elke QUAEGEBEUR

Ended
ND1976

Director · since 21 septembre 2023 · until 01 juillet 2024 · 0802.142.884

Represented by Nicolas DEHAEMERS

Ended
At this address

Other companies at this address

CompanyCBE no.
ZEELOGActive
1011.001.405
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date03/07/202623/06/202524/07/202430/08/202329/08/202230/07/2021
General meeting30/06/202623/05/202526/06/202419/05/202323/08/202221/05/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202603/07/2026DutchPDF
Full model31/12/202423/05/202523/06/2025DutchPDF
Full model31/12/202326/06/202424/07/2024DutchPDF
Full model31/12/202219/05/202330/08/2023DutchPDF
Full model31/12/202123/08/202229/08/2022DutchPDF
Full model31/12/202021/05/202130/07/2021DutchPDF
Full model31/12/201903/09/202004/09/2020DutchPDF
Abridged model31/12/201817/05/201920/08/2019DutchPDF
Abridged model31/12/201718/05/201802/07/2018DutchPDF
Abridged model31/12/201619/05/201707/07/2017DutchPDF
Abridged model31/12/201520/05/201607/06/2016DutchPDF
Abridged model31/12/201415/05/201524/06/2015DutchPDF
Abridged model31/12/201325/03/201427/03/2014DutchPDF
Abridged model31/12/201227/02/201328/02/2013DutchPDF
Abridged model31/12/201118/05/201220/06/2012DutchPDF
Abridged model31/12/201020/05/201124/05/2011DutchPDF
Abridged model31/12/200921/05/201011/06/2010DutchPDF
Abridged model31/12/200815/05/200929/05/2009DutchPDF
Abridged model31/12/200716/05/200829/05/2008DutchPDF
Abridged model31/12/200618/05/200731/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 20 ended

Active mandates

ACE-Consult

Director · since 01 juillet 2024 · 0665.737.130

Represented by Bram Ameloot

Active
BDC LOGISTICS

Director · since 01 juillet 2024 · 0664.799.297

Represented by Birger Declercq

Active
EQ1977

Director · since 01 juillet 2024 · 0802.142.488

Represented by Elke QUAEGEBEUR

Active
ZEELOG

Director · since 01 juillet 2024 · 1011.001.405

Represented by Nicolas DEHAEMERS

Active

Ended mandates

ACE-Consult

Director · since 01 juillet 2024 · 0665.737.130

Represented by Bram AMELOOT

Ended
BDC LOGISTICS

Director · since 01 juillet 2024 · 0664.799.297

Represented by Birger DECLERCQ

Ended
EQ1977

Director · since 21 septembre 2023 · 0802.142.488

Represented by Elke QUAEGEBEUR

Ended
ND1976

Director · since 21 septembre 2023 · until 01 juillet 2024 · 0802.142.884

Represented by Nicolas DEHAEMERS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/07/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office27/11/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates12/12/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/05/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/09/2007
    Ult het verslag
    PDF
  • Mandates10/12/2004
    ONTSLAGEN - BENOEMINGEN
    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 2025865,1 k €
  2. 2024
    Annual accounts 2024460,4 k €
  3. 2023
    Annual accounts 20231,9 M €
  4. 2022
    Annual accounts 2022820 k €
  5. 2021
    Annual accounts 202185,3 k €
  6. 2020
    Annual accounts 2020363,8 k €
  7. 2019
    Annual accounts 201967,1 k €
  8. 2018
    Annual accounts 201881,4 k €
  9. 2017
    Annual accounts 2017211,1 k €
  10. 2016
    Annual accounts 2016197,4 k €
  11. 2015
    Annual accounts 2015409,2 k €
  12. 2014
    Annual accounts 201498,6 k €
  13. 2013
    Annual accounts 2013147,1 k €
  14. 2012
    Annual accounts 201240,5 k €
  15. 2011
    Annual accounts 2011-44,1 k €
  16. 2010
    Annual accounts 201055,8 k €
  17. 2009
    Annual accounts 2009-57,9 k €
  18. 2008
    Annual accounts 20081,8 k €
  19. 2007
    Annual accounts 200728,6 k €
  20. 2006
    Annual accounts 200622,1 k €
  21. 22/11/2004
    IncorporationPrivate limited company