ACTIVE

NEBULA

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Financial year 2025 · closed on 30/06/2025

Net result

20,3 k €

+112.9% YoY

Gross margin

60,6 k €

+49.6% YoY

Equity

183,6 k €

-11.9% YoY

What does NEBULA do?

NEBULA is a Private limited company incorporated in 2005. Its main activity is: Other software publishing. Its registered office is in Tienen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0878.182.867

Incorporation

20/12/2005

Legal form

Private limited company

Registered office

Oplintersesteenweg(SMH) 239
3300 Tienen · FlandreSee on map

Contributed capital

10 700,00 €

Latest accounts

30/06/2025

Activities (NACE)

58290Other software publishing· main 58290Other software publishing 72210Research and experimental development on social sciences and humanities 62020Computer consultancy activities 62090Other information technology and computer service activities 62200Computer programming, consultancy and related activities+7

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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	60,6 k €	+49.6%	40,5 k €	-28.8%	56,9 k €	+58.6%	35,9 k €	+593%	5,2 k €	-85.8%	36,4 k €	-3.3%	37,6 k €	+15.9%	32,4 k €	-75.0%	129,9 k €	+255%	36,6 k €	-12.3%	41,7 k €	+42.7%	29,2 k €	-9.8%	32,4 k €	-40.8%	54,7 k €	-11.4%	61,7 k €	-5.8%	65,5 k €	-8.3%	71,4 k €	+77.5%	40,2 k €	-49.1%	79,1 k €
EBITDA	36,9 k €	-6.3%	39,3 k €	-25.6%	52,9 k €	+98.7%	26,6 k €	+147%	-56,3 k €	-346%	22,9 k €	-34.8%	35,1 k €	+18.3%	29,6 k €	-76.7%	127,1 k €	+259%	35,4 k €	-11.0%	39,8 k €	+49.2%	26,7 k €	-11.4%	30,1 k €	-44.0%	53,8 k €	-10.2%	59,9 k €	-4.9%	63 k €	-10.9%	70,6 k €	+236%	21 k €	-71.6%	74,1 k €
Operating result	30,6 k €	+56.0%	19,6 k €	-46.2%	36,5 k €	+167%	13,7 k €	+123%	-58,5 k €	-497%	14,7 k €	-45.0%	26,8 k €	+43.8%	18,6 k €	-83.9%	116 k €	+2286%	-5,3 k €	-116%	33,6 k €	+64.5%	20,4 k €	-12.7%	23,4 k €	-42.0%	40,3 k €	-14.0%	46,9 k €	-7.4%	50,7 k €	-20.7%	63,9 k €	+1404%	4,2 k €	-93.6%	65,9 k €
Net result	20,3 k €	+113%	9,5 k €	-62.9%	25,7 k €	+288%	6,6 k €	+110%	-67,1 k €	-840%	9,1 k €	-44.8%	16,4 k €	+67.1%	9,8 k €	-85.4%	67,2 k €	+934%	-8,1 k €	-134%	23,5 k €	+105%	11,5 k €	-18.0%	14 k €	-46.8%	26,3 k €	+9.9%	24 k €	-29.7%	34,1 k €	-18.2%	41,7 k €	+1316%	2,9 k €	-93.5%	45,3 k €
Balance sheet
Equity	183,6 k €	-11.9%	208,3 k €	+4.8%	198,8 k €	+14.8%	173,1 k €	+4.0%	166,5 k €	-28.7%	233,6 k €	+4.0%	224,5 k €	+7.9%	208,1 k €	+5.0%	198,3 k €	+51.3%	131,1 k €	-25.2%	175,1 k €	+15.5%	151,6 k €	+8.2%	140,1 k €	+12.9%	124,1 k €	-20.8%	156,6 k €	+18.1%	132,7 k €	+38.0%	96,1 k €	+76.5%	54,5 k €	+5.7%	51,5 k €
Total assets	192,8 k €	-66.0%	567,8 k €	-2.7%	583,4 k €	-0.8%	588,1 k €	-1.7%	598,3 k €	+92.3%	311,2 k €	+2.3%	304,2 k €	+2.9%	295,7 k €	+0.2%	295,2 k €	-34.8%	452,8 k €	+116%	209,5 k €	+6.7%	196,2 k €	-3.7%	203,7 k €	-7.9%	221 k €	-21.7%	282,4 k €	+2.0%	276,9 k €	-8.0%	300,8 k €	+14.3%	263,2 k €	+178%	94,8 k €
Cash	104,2 k €	+682%	13,3 k €	-62.7%	35,7 k €	-12.0%	40,6 k €	-23.5%	53,1 k €	+1.5%	52,3 k €	+36.3%	38,4 k €	+213%	12,3 k €	+88.2%	6,5 k €	-30.9%	9,4 k €	-62.7%	25,3 k €	+84.0%	13,7 k €	+43.8%	9,5 k €	+7.1%	8,9 k €	-78.9%	42,3 k €	+18.7%	35,6 k €	-49.7%	70,7 k €	+2148%	3,1 k €	-90.4%	32,8 k €
Debts	9,2 k €	-97.4%	355,8 k €	-6.5%	380,7 k €	-7.4%	411,1 k €	-3.9%	427,7 k €	+795%	47,8 k €	-2.1%	48,8 k €	-12.3%	55,7 k €	-12.9%	63,9 k €	-80.1%	321,7 k €	+837%	34,3 k €	-23.1%	44,6 k €	-29.6%	63,4 k €	-34.3%	96,6 k €	-23.2%	125,7 k €	-12.7%	144,1 k €	-29.6%	204,6 k €	-1.9%	208,6 k €	+383%	43,2 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 4 ended

Active mandates

Philip Nollet

Director

Active

Ended mandates

Philip Nollet

Director · since 13 septembre 2019

Ended

Philip Nollet

Mandate

Ended

Philip Nollet

Manager

Ended

Phlip Nollet

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	01/07/2024	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	29/01/2026	31/01/2025	29/01/2024	01/02/2023	28/01/2022	29/01/2021
General meeting	30/12/2025	30/12/2024	11/12/2023	12/12/2022	06/12/2021	07/12/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	30/12/2025	29/01/2026	Dutch	PDF
Micro model	30/06/2024	30/12/2024	31/01/2025	Dutch	PDF
Micro model	30/06/2023	11/12/2023	29/01/2024	Dutch	PDF
Micro model	30/06/2022	12/12/2022	01/02/2023	Dutch	PDF
Micro model	30/06/2021	06/12/2021	28/01/2022	Dutch	PDF
Micro model	30/06/2020	07/12/2020	29/01/2021	Dutch	PDF
Micro model	30/06/2019	09/12/2019	12/02/2020	Dutch	PDF
Micro model	30/06/2018	10/12/2018	05/01/2019	Dutch	PDF
Micro model	30/06/2017	11/12/2017	28/12/2017	Dutch	PDF
Abridged model	30/06/2016	12/12/2016	24/01/2017	Dutch	PDF
Abridged model	30/06/2015	14/12/2015	02/01/2016	Dutch	PDF
Abridged model	30/06/2014	08/12/2014	31/12/2014	Dutch	PDF
Abridged model	30/06/2013	09/12/2013	04/02/2014	Dutch	PDF
Abridged model	30/06/2012	10/12/2012	12/02/2013	Dutch	PDF
Abridged model	30/06/2011	12/12/2011	22/02/2012	Dutch	PDF
Abridged model	30/06/2010	13/12/2010	11/02/2011	Dutch	PDF
Abridged model	30/06/2009	07/12/2009	03/02/2010	Dutch	PDF
Abridged model	30/06/2008	09/12/2008	27/02/2009	Dutch	PDF
Abridged model	30/06/2007	10/12/2007	21/02/2008	Dutch	PDF

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.

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 · 1 active · 4 ended

Active mandates

Philip Nollet

Director

Active

Ended mandates

Philip Nollet

Director · since 13 septembre 2019

Ended

Philip Nollet

Mandate

Ended

Philip Nollet

Manager

Ended

Phlip Nollet

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office01/10/2024
MAATSCHAPPELIJKE ZETEL
PDF
Registered office03/09/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/09/2019
WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office08/06/2012
MAATSCHAPPELIJKE ZETEL
PDF
Registered office16/10/2007
MAATSCHAPPELIJKE ZETEL
PDF
Other04/01/2006
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 202520,3 k €↑
2024
Annual accounts 20249,5 k €↓
2023
Annual accounts 202325,7 k €↑
2022
Annual accounts 20226,6 k €↑
2021
Annual accounts 2021-67,1 k €↓
2020
Annual accounts 20209,1 k €↓
2019
Annual accounts 201916,4 k €↑
2018
Annual accounts 20189,8 k €↓
2017
Annual accounts 201767,2 k €↑
2016
Annual accounts 2016-8,1 k €↓
2015
Annual accounts 201523,5 k €↑
2014
Annual accounts 201411,5 k €↓
2013
Annual accounts 201314 k €↓
2012
Annual accounts 201226,3 k €↑
2011
Annual accounts 201124 k €↓
2010
Annual accounts 201034,1 k €↓
2009
Annual accounts 200941,7 k €↑
2008
Annual accounts 20082,9 k €↓
2007
Annual accounts 200745,3 k €
20/12/2005
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

NEBULA

Overview

What does NEBULA 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