Ni2
0883.566.268 · rovalta.com · 24/09/2026
ACTIVE
Ni2
Financial year 2025 · closed on 31/12/2025
Net result
15,1 k €
-28.2% YoY
Gross margin
559,4 k €
+19.1% YoY
Equity
376,7 k €
+4.2% YoY
Workforce
4,6 ETP
+12.2% YoY
Overview
What does Ni2 do?
Ni2 is a Public limited company incorporated in 2006. Its registered office is in Liège. It employs on average 4,6 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0883.566.268
Incorporation
18/09/2006
Legal form
Public limited company
Registered office
Boulevard Gustave-Kleyer 15 box 3
4000 Liège · WallonieSee on map
4000 Liège · WallonieSee on map
Contributed capital
125 000,00 €
Latest accounts
31/12/2025
Average workforce
4,6 ETP
Joint committees (2)
- 2000
- 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2017 | 2016 | 2015 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 559,4 k € | +19.1% | 469,7 k € | -9.0% | 515,9 k € | +25.2% | 411,9 k € | +2.3% | 402,8 k € | -30.6% | 580,3 k € | +44.3% | 402,1 k € | -11.3% | 453,1 k € | +143% | 186,7 k € | – | – | – | – | – | – | – | – | – | – | ||||||||||
| EBITDA | 127,8 k € | +163% | 48,7 k € | -68.5% | 154,5 k € | +40.9% | 109,6 k € | +17.2% | 93,5 k € | -68.4% | 296,3 k € | +122% | 133,5 k € | -30.3% | 191,4 k € | +285% | 49,7 k € | -78.9% | 235,9 k € | +10.9% | 212,7 k € | +24.2% | 171,2 k € | +136% | 72,4 k € | -28.1% | 100,7 k € | +143% | 41,5 k € | +94.2% | 21,4 k € | -49.4% | 42,2 k € | +6.3% | 39,7 k € | +12.1% | 35,4 k € |
| Operating result | 126 k € | +179% | 45,3 k € | -69.9% | 150,5 k € | +42.3% | 105,8 k € | +17.6% | 89,9 k € | -69.3% | 292,6 k € | +127% | 128,7 k € | -30.7% | 185,8 k € | +308% | 45,6 k € | -80.5% | 233,4 k € | +10.3% | 211,6 k € | +23.8% | 170,9 k € | +141% | 71 k € | -26.3% | 96,4 k € | +185% | 33,8 k € | +356% | 7,4 k € | -68.0% | 23,2 k € | +4.2% | 22,3 k € | -23.3% | 29 k € |
| Net result | 15,1 k € | -28.2% | 21,1 k € | -7.6% | 22,8 k € | +261% | 6,3 k € | +18.4% | 5,3 k € | -81.1% | 28,2 k € | +107% | 13,6 k € | +421% | 2,6 k € | -87.5% | 20,9 k € | +102% | 10,4 k € | -0.1% | 10,4 k € | -87.1% | 80,6 k € | +767% | 9,3 k € | -6.6% | 9,9 k € | +445% | 1,8 k € | +109% | -20,3 k € | -2395% | 884,8 € | +3.4% | 856 € | -92.9% | 12 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 376,7 k € | +4.2% | 361,6 k € | +6.2% | 340,5 k € | +7.2% | 317,7 k € | +2.0% | 311,4 k € | +1.7% | 306 k € | +10.1% | 277,9 k € | +5.1% | 264,3 k € | +1.0% | 261,7 k € | +8.7% | 240,8 k € | +4.5% | 230,4 k € | +4.7% | 220 k € | +57.8% | 139,5 k € | +7.1% | 130,2 k € | +8.3% | 120,2 k € | +1.5% | 118,4 k € | -14.6% | 138,7 k € | +0.6% | 137,8 k € | +23.1% | 112 k € |
| Total assets | 1,9 M € | +71.3% | 1,1 M € | -55.1% | 2,5 M € | -27.2% | 3,4 M € | +4.3% | 3,3 M € | +47.5% | 2,2 M € | +23.4% | 1,8 M € | -5.6% | 1,9 M € | +4.9% | 1,8 M € | +16.9% | 1,6 M € | +12.0% | 1,4 M € | -6.4% | 1,5 M € | +34.2% | 1,1 M € | +6.7% | 1 M € | -18.4% | 1,3 M € | +14.9% | 1,1 M € | +52.2% | 732 k € | +27.2% | 575,5 k € | +214% | 183,4 k € |
| Cash | 13,9 k € | -95.1% | 282 k € | -1.8% | 287,1 k € | +253% | 81,4 k € | -29.8% | 115,9 k € | -51.1% | 237 k € | +71.2% | 138,5 k € | +52.3% | 90,9 k € | -63.6% | 250 k € | +5365% | 4,6 k € | -98.6% | 319,1 k € | +262873% | 121,3 € | -99.2% | 15 k € | +10.9% | 13,5 k € | -29.6% | 19,2 k € | +265% | 5,3 k € | +2.2% | 5,2 k € | +3.8% | 5 k € | -96.1% | 127,4 k € |
| Debts | 1,4 M € | +131% | 621,6 k € | -69.4% | 2 M € | +27.0% | 1,6 M € | -32.6% | 2,4 M € | +45.9% | 1,6 M € | +40.2% | 1,2 M € | +4.5% | 1,1 M € | -17.8% | 1,3 M € | +7.0% | 1,3 M € | +10.6% | 1,1 M € | +5.4% | 1,1 M € | +33.2% | 810,3 k € | -5.7% | 859 k € | -22.8% | 1,1 M € | +18.1% | 942,4 k € | +58.8% | 593,3 k € | +38.7% | 427,7 k € | +562% | 64,6 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 4,6 ETP | +12.2% | 4,1 ETP | +7.9% | 3,8 ETP | -7.3% | 4,1 ETP | -16.3% | 4,9 ETP | +8.9% | 4,5 ETP | +7.1% | 4,2 ETP | 0.0% | 4,2 ETP | 0.0% | 4,2 ETP | 0.0% | 4,2 ETP | +23.5% | 3,4 ETP | +100% | 1,7 ETP | +13.3% | 1,5 ETP | -28.6% | 2,1 ETP | -25.0% | 2,8 ETP | -24.3% | 3,7 ETP | -2.6% | 3,8 ETP | -20.8% | 4,8 ETP | +41.2% | 3,4 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 25 ended
Active mandates
Antonio ARCURI
ActiveEric BAELEN
ActiveEnded mandates
Antonio ARCURI
EndedERIC BAELEN
EndedJulien Le Goff
EndedAntonio ARCURI
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
AXONE● Active | 0479.358.360 |
Catharsis Advisory● Active | 1041.266.393 |
MSA Management● Active | 0788.905.453 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 29/08/2026 | 28/08/2025 | 17/07/2024 | 30/06/2023 | 25/08/2022 | 31/08/2021 |
| General meeting | 30/04/2026 | 25/03/2025 | 02/04/2024 | 15/06/2023 | 16/06/2022 | 17/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 30/04/2026 | 29/08/2026 | French | |
| Abridged model | 31/12/2024 | 25/03/2025 | 28/08/2025 | French | |
| Abridged model | 31/12/2023 | 02/04/2024 | 17/07/2024 | French | |
| Abridged model | 31/12/2022 | 15/06/2023 | 30/06/2023 | French | |
| Abridged model | 31/12/2021 | 16/06/2022 | 25/08/2022 | French | |
| Abridged model | 31/12/2020 | 17/06/2021 | 31/08/2021 | French | |
| Abridged model | 31/12/2019 | 18/06/2020 | 31/08/2020 | French | |
| Abridged model | 31/12/2018 | 20/06/2019 | 30/08/2019 | French | |
| Abridged model | 31/12/2017 | 15/06/2018 | 02/08/2018 | French | |
| Full model | 30/06/2017 | 19/12/2017 | 15/01/2018 | French | |
| Full model | 30/06/2016 | 30/01/2017 | 31/01/2017 | French | |
| Full model | 30/06/2015 | 03/12/2015 | 29/12/2015 | French | |
| Full model | 31/12/2013 | 15/05/2014 | 28/08/2014 | French | |
| Full model | 31/12/2012 | 16/05/2013 | 30/08/2013 | French | |
| Full model | 31/12/2011 | 18/05/2012 | 15/06/2012 | French | |
| Full model | 31/12/2010 | 19/05/2011 | 25/08/2011 | French | |
| Full model | 31/12/2009 | 20/05/2010 | 21/05/2010 | French | |
| Full model | 31/12/2008 | 28/05/2009 | 02/06/2009 | French | |
| Full model | 31/12/2007 | 26/05/2008 | 19/06/2008 | French |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 25 ended
Active mandates
Antonio ARCURI
ActiveEric BAELEN
ActiveEnded mandates
Antonio ARCURI
EndedERIC BAELEN
EndedJulien Le Goff
EndedAntonio ARCURI
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates08/01/2024DENOMINATION - DEMISSIONS, NOMINATIONS
- Mandates20/02/2020DEMISSIONS, NOMINATIONS
- Mandates20/08/2018DEMISSIONS, NOMINATIONS
- Other14/02/2018ASSEMBLEE GENERALE - ANNEE COMPTABLE
- Mandates12/10/2016DEMISSIONS, NOMINATIONS
- Other17/02/2015ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates25/09/2014DEMISSIONS, NOMINATIONS
- Mandates30/05/2014DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202515,1 k €↓
- 2024Annual accounts 202421,1 k €↓
- 2024Name changeN(i)²
- 2023Annual accounts 202322,8 k €↑
- 2022Annual accounts 20226,3 k €↑
- 2021Annual accounts 20215,3 k €↓
- 2021Name changeNETWORK INFRASTRUCTURE INVENTORY
- 2020Annual accounts 202028,2 k €↑
- 2019Annual accounts 201913,6 k €↑
- 2018Annual accounts 20182,6 k €↓
- 2017Annual accounts 201720,9 k €↑
- 2017Annual accounts 201710,4 k €↓
- 2016Annual accounts 201610,4 k €↓
- 2015Annual accounts 201580,6 k €↑
- 2013Annual accounts 20139,3 k €↓
- 2012Annual accounts 20129,9 k €↑
- 2011Annual accounts 20111,8 k €↑
- 2010Annual accounts 2010-20,3 k €↓
- 2009Annual accounts 2009884,8 €↑
- 2008Annual accounts 2008856 €↓
- 2007Annual accounts 200712 k €
- 18/09/2006IncorporationPublic limited company