ACTIVE

NADECE

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Financial year 2025 · closed on 31/12/2025

Net result

55,3 k €

+0.1% YoY

Gross margin

104,7 k €

-3.6% YoY

Equity

251,7 k €

+11.2% YoY

What does NADECE do?

NADECE is a Private limited company incorporated in 2006. Its main activity is: Public relations and communication activities. Its registered office is in Edegem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0884.064.928

Incorporation

06/10/2006

Legal form

Private limited company

Registered office

Valentina Le Delierstraat 24
2650 Edegem · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

70210Public relations and communication activities· main 73300Advertising and market research 74141Specialised design activities 70200Management consultancy activities 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	104,7 k €	-3.6%	108,6 k €	+66.9%	65,1 k €	-48.9%	127,4 k €	+97.3%	64,6 k €	+17.1%	55,1 k €	+5.4%	52,3 k €	-56.4%	119,9 k €	+61.8%	74,1 k €	-25.4%	99,3 k €	-31.6%	145,1 k €	+74.1%	83,4 k €	-21.2%	105,8 k €	+13.2%	93,5 k €	+30.1%	71,9 k €	+80.2%	39,9 k €	-9.8%	44,2 k €
EBITDA	101 k €	-4.3%	105,6 k €	+79.5%	58,8 k €	-52.0%	122,6 k €	+98.9%	61,6 k €	+17.0%	52,7 k €	+5.8%	49,8 k €	-57.5%	117,2 k €	+61.5%	72,5 k €	-23.6%	95 k €	-32.1%	140 k €	+74.8%	80,1 k €	-22.4%	103,3 k €	+11.9%	92,3 k €	+32.0%	69,9 k €	+90.9%	36,6 k €	-13.4%	42,3 k €
Operating result	83,1 k €	-2.9%	85,6 k €	+121%	38,8 k €	-62.2%	102,6 k €	+133%	44 k €	+21.5%	36,2 k €	+9.0%	33,2 k €	-66.9%	100,4 k €	+233%	30,1 k €	-43.4%	53,2 k €	+231%	16 k €	-58.1%	38,3 k €	-25.5%	51,4 k €	-0.6%	51,8 k €	+66.5%	31,1 k €	+27.0%	24,5 k €	+1400%	1,6 k €
Net result	55,3 k €	+0.1%	55,2 k €	+171%	20,4 k €	-67.0%	61,8 k €	+150%	24,7 k €	+63.2%	15,1 k €	+31.7%	11,5 k €	-77.3%	50,6 k €	+491%	8,6 k €	+94.5%	4,4 k €	+252%	-2,9 k €	-125%	11,7 k €	-20.6%	14,8 k €	-11.8%	16,8 k €	+120%	7,6 k €	+31.5%	5,8 k €	+1133%	-560,5 €
Balance sheet
Equity	251,7 k €	+11.2%	226,3 k €	+32.3%	171,1 k €	+13.5%	150,7 k €	-1.1%	152,4 k €	+26.2%	120,8 k €	+14.3%	105,7 k €	+12.2%	94,2 k €	+116%	43,6 k €	-37.8%	70 k €	+6.7%	65,6 k €	-4.2%	68,5 k €	+20.7%	56,8 k €	+35.2%	42 k €	+66.4%	25,2 k €	+43.2%	17,6 k €	+48.9%	11,8 k €
Total assets	329,4 k €	-5.5%	348,7 k €	+7.0%	325,8 k €	-10.0%	362,1 k €	+9.8%	329,8 k €	-18.5%	404,6 k €	-5.0%	425,7 k €	+7.8%	394,9 k €	+0.0%	394,9 k €	-5.8%	419,3 k €	+16.1%	361,3 k €	-17.5%	437,9 k €	+7.4%	407,8 k €	-6.3%	435,4 k €	-6.5%	465,8 k €	+30.4%	357,1 k €	+28.7%	277,5 k €
Cash	46,6 k €	-20.8%	58,8 k €	+52.9%	38,5 k €	+60.3%	24 k €	+259%	6,7 k €	+651%	889,7 €	-75.3%	3,6 k €	+20.1%	3 k €	+4447%	66 €	-98.7%	5,1 k €	+7650%	65,8 €	+0.9%	65,2 €	+1.1%	64,5 €	+1.2%	63,7 €	-99.2%	7,8 k €	-23.3%	10,2 k €	-48.6%	19,8 k €
Debts	77,7 k €	-36.1%	121,5 k €	-21.0%	153,9 k €	-26.9%	210,5 k €	+19.3%	176,5 k €	-25.2%	235,8 k €	-13.3%	272,1 k €	-9.5%	300,7 k €	-14.4%	351,3 k €	+0.6%	349,3 k €	+18.1%	295,7 k €	-20.0%	369,4 k €	+5.2%	351 k €	-10.6%	392,7 k €	-10.7%	439,8 k €	+29.6%	339,4 k €	+27.7%	265,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

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

Active mandates

Nathalie DE CEULAER

Director · since 29 septembre 2006

Active

Ended mandates

Nathalie De Ceulaer

Manager · since 29 septembre 2006

Ended

Nathalie De Ceulaer

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Servida● Active	0797.408.393

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	01/01/2025	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	28/08/2025	30/07/2024	27/08/2023	30/08/2022	30/08/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	28/08/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	28/08/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	30/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	27/08/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	30/08/2022	Dutch	PDF
Micro model	31/12/2020	17/06/2021	30/08/2021	Dutch	PDF
Micro model	31/12/2019	08/09/2020	27/11/2020	Dutch	PDF
Micro model	31/12/2018	09/10/2019	09/10/2019	Dutch	PDF
Micro modelCorrection	31/12/2017	25/09/2018	16/05/2019	Dutch	PDF
Micro model	31/12/2017	25/09/2018	15/10/2018	Dutch	PDF
Micro model	31/12/2016	15/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	22/09/2016	18/10/2016	Dutch	PDF
Abridged model	31/12/2014	30/07/2015	04/08/2015	Dutch	PDF
Abridged model	31/12/2013	19/06/2014	07/07/2014	Dutch	PDF
Abridged model	31/12/2012	07/10/2013	21/10/2013	Dutch	PDF
Abridged model	31/12/2011	28/03/2013	02/04/2013	Dutch	PDF
Abridged model	30/09/2010	12/05/2011	30/05/2011	Dutch	PDF
Abridged model	30/09/2009	18/02/2010	28/05/2010	Dutch	PDF
Abridged model	30/09/2008	19/02/2009	28/05/2009	Dutch	PDF
Abridged model	30/09/2007	21/02/2008	28/08/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 2 ended

Active mandates

Nathalie DE CEULAER

Director · since 29 septembre 2006

Active

Ended mandates

Nathalie De Ceulaer

Manager · since 29 septembre 2006

Ended

Nathalie De Ceulaer

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office10/09/2014
MAATSCHAPPELIJKE ZETEL
PDF
Other25/10/2011
DOEL - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office17/12/2009
MAATSCHAPPELIJKE ZETEL
PDF
Other10/10/2006
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 202555,3 k €↑
2024
Annual accounts 202455,2 k €↑
2023
Annual accounts 202320,4 k €↓
2022
Annual accounts 202261,8 k €↑
2021
Annual accounts 202124,7 k €↑
2018
Annual accounts 201815,1 k €↑
2017
Annual accounts 201711,5 k €↓
2016
Annual accounts 201650,6 k €↑
2015
Annual accounts 20158,6 k €↑
2014
Annual accounts 20144,4 k €↑
2013
Annual accounts 2013-2,9 k €↓
2012
Annual accounts 201211,7 k €↓
2011
Annual accounts 201114,8 k €↓
2010
Annual accounts 201016,8 k €↑
2009
Annual accounts 20097,6 k €↑
2008
Annual accounts 20085,8 k €↑
2007
Annual accounts 2007-560,5 €
06/10/2006
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

NADECE

Overview

What does NADECE do?

Trend over 17 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