ACTIVE

NITOR

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Financial year 2025 · closed on 31/12/2025

Net result

36,1 k €

+1503.5% YoY

Gross margin

37,5 k €

+20.5% YoY

Equity

317,9 k €

+12.8% YoY

Workforce

0,0 ETP

What does NITOR do?

NITOR is a Private company with limited liability incorporated in 2005. Its main activity is: Management consultancy activities. Its registered office is in Haaltert.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0872.714.344

Incorporation

24/03/2005

Legal form

Private company with limited liability

Registered office

Leistraat(HE) 46
9450 Haaltert · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	37,5 k €	+20.5%	31,2 k €	-30.5%	44,8 k €	+125%	19,9 k €	-38.7%	32,5 k €	+3.1%	31,6 k €	-62.7%	84,7 k €	+10.1%	77 k €	-28.2%	107,2 k €	+52.0%	70,5 k €	-36.3%	110,7 k €	+168%	41,4 k €	-32.5%	61,3 k €	+107%	29,6 k €	+325%	7 k €	-88.0%	58,1 k €	+177%	21 k €	-50.3%	42,3 k €	+87.6%	22,5 k €	-87.2%	176,3 k €
EBITDA	33,7 k €	+18.2%	28,5 k €	-28.5%	39,9 k €	+215%	12,6 k €	-38.4%	20,5 k €	-18.9%	25,3 k €	-67.8%	78,7 k €	+11.3%	70,7 k €	-29.7%	100,6 k €	+53.7%	65,4 k €	-39.4%	107,9 k €	+361%	23,4 k €	-58.5%	56,5 k €	+97.5%	28,6 k €	+526%	4,6 k €	-77.0%	19,8 k €	+0.7%	19,7 k €	-50.9%	40,1 k €	+96.8%	20,4 k €	+43.6%	14,2 k €
Operating result	27,1 k €	+50.0%	18,1 k €	-35.5%	28,1 k €	+2458%	1,1 k €	-93.6%	17,1 k €	+4.8%	16,3 k €	-76.9%	70,6 k €	+15.9%	60,9 k €	-11.7%	69 k €	+33.6%	51,6 k €	-37.4%	82,4 k €	+262%	22,8 k €	-51.1%	46,6 k €	+274%	12,5 k €	+373%	-4,6 k €	-159%	7,7 k €	-2.4%	7,9 k €	-70.8%	27,1 k €	+151%	10,8 k €	+139%	4,5 k €
Net result	36,1 k €	+1503%	2,3 k €	-72.6%	8,2 k €	+179%	-10,4 k €	-709%	1,7 k €	-18.6%	2,1 k €	-95.1%	42,9 k €	+16.3%	36,9 k €	+32.5%	27,9 k €	-8.9%	30,6 k €	-34.3%	46,5 k €	+54.8%	30 k €	+269%	8,1 k €	-50.0%	16,3 k €	+1136%	1,3 k €	-90.3%	13,5 k €	+4896%	270,9 €	-97.7%	12 k €	+131%	5,2 k €	+1970%	250,1 €
Balance sheet
Equity	317,9 k €	+12.8%	281,8 k €	+0.8%	279,6 k €	+3.0%	271,3 k €	-3.7%	281,7 k €	+0.6%	280 k €	+0.8%	277,9 k €	+18.3%	235 k €	+18.6%	198,1 k €	+16.4%	170,2 k €	+21.9%	139,6 k €	+49.9%	93,1 k €	+47.6%	63,1 k €	+14.8%	55 k €	+42.0%	38,7 k €	+3.5%	37,4 k €	+56.7%	23,9 k €	+1.1%	23,6 k €	+103%	11,6 k €	+80.3%	6,5 k €
Total assets	792,5 k €	+0.8%	786,1 k €	-1.0%	793,8 k €	+6.3%	747 k €	-9.4%	824,5 k €	+20.0%	686,8 k €	-5.2%	724,5 k €	+18.2%	613,1 k €	-24.4%	811,5 k €	+117%	374,2 k €	-17.6%	454,3 k €	+111%	215,3 k €	-32.9%	320,9 k €	+22.5%	261,9 k €	-11.4%	295,7 k €	-9.9%	328 k €	-30.2%	470,1 k €	+18.5%	396,7 k €	+7.4%	369,4 k €	+47.8%	249,9 k €
Cash	772,5 €	+11.5%	692,6 €	-92.3%	9 k €	+48.5%	6,1 k €	-29.3%	8,6 k €	-76.4%	36,4 k €	-3.1%	37,6 k €	+1273%	2,7 k €	-93.1%	39,4 k €	+311%	9,6 k €	-80.0%	47,8 k €	+168%	17,8 k €	+117840%	15,1 €	-98.9%	1,4 k €	+7541%	17,8 €	-84.8%	116,9 €	-97.8%	5,2 k €	+27.6%	4,1 k €	-88.4%	35,1 k €	+544%	5,4 k €
Debts	471,8 k €	-5.9%	501,2 k €	-2.3%	512,9 k €	+8.2%	474,2 k €	-12.6%	542,8 k €	+61.5%	336,1 k €	-10.6%	375,9 k €	-0.5%	378 k €	-38.4%	613,5 k €	+201%	204 k €	-35.2%	314,6 k €	+163%	119,7 k €	+21.8%	98,3 k €	+107%	47,4 k €	-51.3%	97,5 k €	-25.7%	131,1 k €	-54.7%	289,3 k €	+33.8%	216,2 k €	+10.7%	195,3 k €	+126%	86,4 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Johan Baeten

Director

Active

Ended mandates

Johan Baeten

Manager · since 22 mars 2005

Ended

Johan Baeten

Manager

Ended

At this address

Other companies at this address

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AVAU● Active	0685.915.110
BBR Renovaties● Active	0756.485.281
BTWE Kings-Immo-Nitor● Active	0752.771.666
IMMO DE HOEFSLAG● Active	0897.263.064
KINGS INVEST● Active	0477.010.168

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	28/08/2026	15/10/2025	14/10/2024	15/12/2023	15/10/2022	13/10/2021
General meeting	25/08/2026	09/10/2025	02/10/2024	15/12/2023	14/10/2022	11/10/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/08/2026	28/08/2026	Dutch	PDF
Abridged model	31/12/2024	09/10/2025	15/10/2025	Dutch	PDF
Abridged model	31/12/2023	02/10/2024	14/10/2024	Dutch	PDF
Abridged model	31/12/2022	15/12/2023	15/12/2023	Dutch	PDF
Abridged model	31/12/2021	14/10/2022	15/10/2022	Dutch	PDF
Micro model	31/12/2020	11/10/2021	13/10/2021	Dutch	PDF
Micro model	31/12/2019	24/11/2020	27/11/2020	Dutch	PDF
Micro model	31/12/2018	30/06/2019	26/07/2019	Dutch	PDF
Micro model	31/12/2017	31/07/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	31/07/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	11/08/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	16/07/2015	Dutch	PDF
Abridged model	31/12/2013	31/07/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	24/09/2012	27/09/2012	Dutch	PDF
Abridged model	31/12/2010	14/09/2011	16/01/2012	Dutch	PDF
Abridged model	31/12/2009	21/12/2010	29/12/2010	Dutch	PDF
Abridged model	31/12/2008	31/07/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	31/08/2008	20/03/2009	Dutch	PDF
Abridged model	31/12/2006	28/12/2007	28/12/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

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 · 1 active · 2 ended

Active mandates

Johan Baeten

Director

Active

Ended mandates

Johan Baeten

Manager · since 22 mars 2005

Ended

Johan Baeten

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office17/08/2015
MAATSCHAPPELIJKE ZETEL
PDF
Registered office31/03/2009
MAATSCHAPPELIJKE ZETEL
PDF
Registered office09/06/2008
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares25/01/2006
BOEKJAAR - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other04/04/2005
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 202536,1 k €↑
2024
Annual accounts 20242,3 k €↓
2023
Annual accounts 20238,2 k €↑
2022
Annual accounts 2022-10,4 k €↓
2021
Annual accounts 20211,7 k €↓
2020
Annual accounts 20202,1 k €↓
2019
Annual accounts 201942,9 k €↑
2018
Annual accounts 201836,9 k €↑
2017
Annual accounts 201727,9 k €↓
2016
Annual accounts 201630,6 k €↓
2015
Annual accounts 201546,5 k €↑
2014
Annual accounts 201430 k €↑
2013
Annual accounts 20138,1 k €↓
2012
Annual accounts 201216,3 k €↑
2011
Annual accounts 20111,3 k €↓
2010
Annual accounts 201013,5 k €↑
2009
Annual accounts 2009270,9 €↓
2008
Annual accounts 200812 k €↑
2007
Annual accounts 20075,2 k €↑
2006
Annual accounts 2006250,1 €
24/03/2005
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

NITOR

Overview

What does NITOR do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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