ACTIVE

NIROWICA

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

540,5 k €

+27.8% YoY

Gross margin

985,3 k €

+19.4% YoY

Equity

1,6 M €

+30.8% YoY

Workforce

2,6 ETP

+18.2% YoY

What does NIROWICA do?

NIROWICA is a Private limited company incorporated in 2006. Its registered office is in Bredene. It employs on average 2,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0879.445.649

Incorporation

10/02/2006

Legal form

Private limited company

Registered office

Koningin Astridlaan 55 B
8450 Bredene · FlandreSee on map

Contributed capital

227 100,00 €

Latest accounts

31/12/2024

Average workforce

2,6 ETP

Joint committees (2)

302
30200

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	985,3 k €	+19.4%	825,5 k €	+28.6%	641,9 k €	+27.1%	505,2 k €	+19.8%	421,6 k €	+30.2%	323,9 k €	-3.2%	334,4 k €	+9.1%	306,4 k €	+0.8%	303,9 k €	+2.6%	296,2 k €	+1.9%	290,6 k €	+14.2%	254,6 k €	-3.1%	262,6 k €	-10.1%	292 k €	-3.1%	301,4 k €	-0.8%	304 k €	+20.8%	251,6 k €	-45.7%	463,4 k €
EBITDA	744,9 k €	+23.6%	602,6 k €	+33.0%	453 k €	+31.3%	345,1 k €	+26.3%	273,3 k €	+45.5%	187,8 k €	-6.0%	199,7 k €	+16.9%	170,8 k €	+0.3%	170,3 k €	+1.7%	167,4 k €	-3.4%	173,3 k €	+26.9%	136,5 k €	-5.7%	144,7 k €	-17.9%	176,3 k €	-1.3%	178,6 k €	-0.8%	179,9 k €	+39.1%	129,3 k €	-46.3%	240,9 k €
Operating result	649,8 k €	+27.0%	511,6 k €	+48.2%	345,3 k €	+44.2%	239,5 k €	+52.0%	157,5 k €	+156%	61,5 k €	-24.2%	81,1 k €	+27.5%	63,6 k €	-19.0%	78,5 k €	+104%	38,4 k €	-28.4%	53,7 k €	+127%	23,7 k €	-38.7%	38,6 k €	-45.9%	71,4 k €	+11.1%	64,2 k €	-26.8%	87,8 k €	+95.0%	45 k €	-45.3%	82,3 k €
Net result	540,5 k €	+27.8%	422,8 k €	+61.7%	261,5 k €	+49.1%	175,4 k €	+41.3%	124,1 k €	+152%	49,2 k €	-20.4%	61,8 k €	+38.8%	44,5 k €	-11.1%	50 k €	+91.4%	26,2 k €	-24.5%	34,6 k €	+117%	16 k €	-36.7%	25,2 k €	-45.5%	46,3 k €	+33.0%	34,8 k €	-31.8%	51 k €	+157%	19,9 k €	-62.4%	52,9 k €
Balance sheet
Equity	1,6 M €	+30.8%	1,2 M €	+16.3%	1,1 M €	+28.6%	821,1 k €	+27.2%	645,8 k €	+23.3%	523,8 k €	+9.9%	476,7 k €	+14.3%	417,1 k €	+11.3%	374,7 k €	+14.7%	326,8 k €	+4.6%	312,5 k €	+127%	137,6 k €	-54.5%	302,5 k €	+4.6%	289,2 k €	+13.5%	254,8 k €	+28.2%	198,8 k €	+34.5%	147,8 k €	+15.5%	127,9 k €
Total assets	2,2 M €	+17.3%	1,9 M €	+16.2%	1,6 M €	+12.5%	1,5 M €	+14.7%	1,3 M €	+6.6%	1,2 M €	+42.4%	838 k €	+7.9%	776,5 k €	+6.4%	730 k €	-6.9%	783,7 k €	-10.0%	870,5 k €	+11.7%	779,3 k €	+0.2%	777,9 k €	+0.2%	776,3 k €	+2.5%	757,4 k €	+6.3%	712,7 k €	+7.5%	663,3 k €	+0.4%	660,9 k €
Cash	49,8 k €	+7.6%	46,3 k €	-86.7%	348,5 k €	-16.5%	417,1 k €	+110%	198,5 k €	+51.8%	130,8 k €	-40.8%	221 k €	+35.5%	163,1 k €	-43.0%	286,1 k €	-6.0%	304,5 k €	-25.1%	406,8 k €	+52.6%	266,5 k €	+19.7%	222,7 k €	+50.0%	148,5 k €	+102%	73,6 k €	-46.1%	136,5 k €	+119%	62,3 k €	+109%	29,8 k €
Debts	622 k €	-7.5%	672,2 k €	+16.2%	578,3 k €	-8.5%	632,2 k €	+1.5%	622,7 k €	-6.4%	665,1 k €	+87.5%	354,8 k €	+1.0%	351,4 k €	+1.2%	347,3 k €	-22.7%	449,1 k €	-18.4%	550,6 k €	-13.2%	634,3 k €	+36.1%	465,9 k €	-2.5%	478 k €	-3.3%	494,4 k €	-2.4%	506,4 k €	-0.3%	508 k €	-3.2%	524,9 k €
Other
Workforce	2,6 ETP	+18.2%	2,2 ETP	+57.1%	1,4 ETP	+55.6%	0,9 ETP	+200%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP		–		–		0,2 ETP	0.0%	0,2 ETP	-33.3%	0,3 ETP	-25.0%	0,4 ETP	-50.0%	0,8 ETP	+100%	0,4 ETP	-42.9%	0,7 ETP	+16.7%	0,6 ETP	+50.0%	0,4 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 31/12/2024 · 3 active · 7 ended

Active mandates

Anma Hold

Director · 0721.826.884

Represented by Nicolas Vandenbussche

Active

CATHERINE MALBRANQUE

Director

Active

WIM VANDENBUSSCHE

Director

Active

Ended mandates

Anma Hold

Director · since 01 janvier 2022 · 0721.826.884

Represented by Nicolas Vandenbussche

Ended

NICOLAS VANDENBUSSCHE

Director · since 04 février 2019

Ended

NICOLAS VANDENBUSSCHE

Manager · since 04 février 2019

Ended

CATHERINE MALBRANQUE

Director · since 10 février 2006

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	25/09/2025	30/09/2024	03/11/2023	29/09/2022	27/08/2021	28/08/2020
General meeting	25/09/2025	31/08/2024	20/10/2023	26/08/2022	31/07/2021	21/08/2020
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	25/09/2025	25/09/2025	Dutch	PDF
Abridged model	31/12/2023	31/08/2024	30/09/2024	Dutch	PDF
Abridged model	31/12/2022	20/10/2023	03/11/2023	Dutch	PDF
Abridged model	31/12/2021	26/08/2022	29/09/2022	Dutch	PDF
Abridged model	31/12/2020	31/07/2021	27/08/2021	Dutch	PDF
Abridged model	31/12/2019	21/08/2020	28/08/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	26/08/2019	Dutch	PDF
Micro model	31/12/2017	29/06/2018	29/08/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	24/08/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	23/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	21/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	26/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	22/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	26/07/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	16/08/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	19/08/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	27/06/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	23/10/2008	Dutch	PDF

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 31/12/2024 · 3 active · 7 ended

Active mandates

Anma Hold

Director · 0721.826.884

Represented by Nicolas Vandenbussche

Active

CATHERINE MALBRANQUE

Director

Active

WIM VANDENBUSSCHE

Director

Active

Ended mandates

Anma Hold

Director · since 01 janvier 2022 · 0721.826.884

Represented by Nicolas Vandenbussche

Ended

NICOLAS VANDENBUSSCHE

Director · since 04 février 2019

Ended

NICOLAS VANDENBUSSCHE

Manager · since 04 février 2019

Ended

CATHERINE MALBRANQUE

Director · since 10 février 2006

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/12/2022
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates11/03/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares05/03/2014
KAPITAAL - AANDELEN
PDF
Other01/03/2006
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

2024
Annual accounts 2024540,5 k €↑
2023
Annual accounts 2023422,8 k €↑
2022
Annual accounts 2022261,5 k €↑
2021
Annual accounts 2021175,4 k €↑
2020
Annual accounts 2020124,1 k €↑
2019
Annual accounts 201949,2 k €↓
2018
Annual accounts 201861,8 k €↑
2017
Annual accounts 201744,5 k €↓
2016
Annual accounts 201650 k €↑
2015
Annual accounts 201526,2 k €↓
2014
Annual accounts 201434,6 k €↑
2013
Annual accounts 201316 k €↓
2012
Annual accounts 201225,2 k €↓
2011
Annual accounts 201146,3 k €↑
2010
Annual accounts 201034,8 k €↓
2009
Annual accounts 200951 k €↑
2008
Annual accounts 200819,9 k €↓
2007
Annual accounts 200752,9 k €
10/02/2006
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

NIROWICA

Overview

What does NIROWICA do?

Trend over 18 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