ACTIVE

NADESCO

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Financial year 2025 · closed on 31/03/2025

Net result

78,1 k €

+299.8% YoY

Gross margin

294,1 k €

+26.9% YoY

Equity

250,9 k €

+26.2% YoY

Workforce

1,5 ETP

0.0% YoY

What does NADESCO do?

NADESCO is a Private limited company incorporated in 2007. Its main activity is: Electrical installation. Its registered office is in Maarkedal. It employs on average 1,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0887.730.538

Incorporation

06/03/2007

Legal form

Private limited company

Registered office

Kabuize 3
9680 Maarkedal · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/03/2025

Average workforce

1,5 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 43222Plumbing, heat and air-conditioning installation 43222Plumbing, heat and air-conditioning installation 45331Sale of motor vehicle parts and accessories 43211Electrical installation+5

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	294,1 k €	+26.9%	231,7 k €	-13.2%	267 k €	+24.4%	214,6 k €	+46.1%	146,9 k €	-32.9%	218,9 k €	+30.5%	167,7 k €	-2.5%	171,9 k €	-3.4%	177,9 k €	+11.6%	159,4 k €	-2.5%	163,5 k €	+12.9%	144,9 k €	+18.9%	121,9 k €	-8.3%	132,9 k €	+127%	58,7 k €	+110%	28 k €	-22.8%	36,2 k €	-15.8%	43 k €
EBITDA	210,3 k €	+67.9%	125,2 k €	-8.6%	136,9 k €	+18.5%	115,5 k €	+58.9%	72,7 k €	-12.0%	82,6 k €	+11.6%	74 k €	+26.7%	58,4 k €	+1.1%	57,8 k €	+2.7%	56,3 k €	-10.7%	63,1 k €	+20.9%	52,2 k €	-11.1%	58,7 k €	+26.0%	46,6 k €	+58.6%	29,4 k €	+7.9%	27,2 k €	-23.7%	35,7 k €	-16.1%	42,5 k €
Operating result	139,2 k €	+169%	51,7 k €	-31.1%	75 k €	+11.9%	67 k €	+123%	30,1 k €	-18.2%	36,8 k €	+39.1%	26,4 k €	-14.4%	30,9 k €	+29.9%	23,8 k €	+18.1%	20,1 k €	-20.9%	25,5 k €	+21.7%	20,9 k €	-11.3%	23,6 k €	+43.4%	16,4 k €	+340%	3,7 k €	-50.0%	7,5 k €	-59.2%	18,3 k €	-25.7%	24,6 k €
Net result	78,1 k €	+300%	19,5 k €	-56.2%	44,5 k €	+12.5%	39,6 k €	+156%	15,5 k €	-40.4%	26 k €	+37.5%	18,9 k €	+14.3%	16,5 k €	+105%	8 k €	-20.1%	10,1 k €	-24.3%	13,3 k €	+97.0%	6,8 k €	-47.2%	12,8 k €	+15.6%	11,1 k €	+840%	1,2 k €	-56.3%	2,7 k €	-79.2%	12,9 k €	-33.9%	19,6 k €
Balance sheet
Equity	250,9 k €	+26.2%	198,8 k €	-7.4%	214,7 k €	+14.0%	188,3 k €	+26.6%	148,7 k €	-14.4%	173,7 k €	+17.6%	147,7 k €	+14.7%	128,8 k €	+14.7%	112,3 k €	+7.7%	104,3 k €	+10.7%	94,2 k €	+16.5%	80,9 k €	+2.0%	79,3 k €	+19.2%	66,5 k €	+19.9%	55,4 k €	+2.2%	54,3 k €	+5.2%	51,6 k €	+35.2%	38,2 k €
Total assets	903 k €	+9.0%	828,2 k €	-3.0%	854,1 k €	+9.2%	782,4 k €	+51.4%	516,9 k €	-2.5%	529,9 k €	+3.3%	513,1 k €	+38.8%	369,6 k €	+3.6%	356,7 k €	+13.8%	313,3 k €	-2.0%	319,6 k €	+0.8%	317,1 k €	+11.5%	284,5 k €	+8.0%	263,4 k €	+10.9%	237,4 k €	+32.3%	179,4 k €	-6.9%	192,6 k €	+19.8%	160,9 k €
Cash	197,1 k €	+89.6%	104 k €	-13.9%	120,7 k €	+93.6%	62,4 k €	-20.1%	78 k €	-19.6%	97,1 k €	+221%	30,2 k €	-30.1%	43,3 k €	+163%	16,5 k €	+379%	3,4 k €	-73.3%	12,9 k €	-68.2%	40,5 k €	+953%	3,8 k €	-87.8%	31,6 k €	+275%	8,4 k €	+18.5%	7,1 k €	-72.2%	25,5 k €	+7474%	337 €
Debts	650 k €	+3.5%	627,9 k €	-1.8%	639,3 k €	+7.6%	594,1 k €	+61.4%	368,2 k €	+3.4%	356,1 k €	-2.5%	365,4 k €	+51.8%	240,7 k €	-1.5%	244,4 k €	+16.9%	209,1 k €	-7.3%	225,4 k €	-4.6%	236,2 k €	+15.1%	205,2 k €	+4.2%	196,9 k €	+8.2%	182 k €	+45.4%	125,2 k €	-11.3%	141,1 k €	+15.0%	122,7 k €
Other
Workforce	1,5 ETP	0.0%	1,5 ETP	-25.0%	2,0 ETP	-33.3%	3,0 ETP		–		2,8 ETP	+40.0%	2,0 ETP	-33.3%	3,0 ETP	+7.1%	2,8 ETP	+21.7%	2,3 ETP	+15.0%	2,0 ETP	0.0%	2,0 ETP	+53.8%	1,3 ETP	-48.0%	2,5 ETP	+213%	0,8 ETP		–		–		–

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 31/03/2025 · 1 active · 3 ended

Active mandates

Robby Naessens

Director

Active

Ended mandates

Robby Naessens

Manager

Ended

STIJN DE SMET

Manager · until 30 septembre 2010

Ended

STIJN DE SMET

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
B&N INVEST● Active	0536.702.780

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Abridged model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/10/2025	29/10/2024	31/10/2023	30/11/2022	30/11/2021	01/10/2020
General meeting	24/09/2025	25/09/2024	27/09/2023	28/09/2022	29/09/2021	30/09/2020
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	24/09/2025	28/10/2025	Dutch	PDF
Abridged model	31/03/2024	25/09/2024	29/10/2024	Dutch	PDF
Abridged model	31/03/2023	27/09/2023	31/10/2023	Dutch	PDF
Abridged model	31/03/2022	28/09/2022	30/11/2022	Dutch	PDF
Micro model	31/03/2021	29/09/2021	30/11/2021	Dutch	PDF
Abridged model	31/03/2020	30/09/2020	01/10/2020	Dutch	PDF
Abridged model	31/03/2019	25/09/2019	01/10/2019	Dutch	PDF
Abridged model	31/03/2018	26/09/2018	04/10/2018	Dutch	PDF
Abridged model	31/03/2017	27/09/2017	28/09/2017	Dutch	PDF
Abridged model	31/03/2016	28/09/2016	29/09/2016	Dutch	PDF
Abridged model	31/03/2015	24/09/2015	29/09/2015	Dutch	PDF
Abridged model	31/03/2014	24/09/2014	25/09/2014	Dutch	PDF
Abridged model	31/03/2013	25/09/2013	02/10/2013	Dutch	PDF
Abridged model	31/03/2012	27/09/2012	03/10/2012	Dutch	PDF
Abridged model	31/03/2011	28/09/2011	06/10/2011	Dutch	PDF
Abridged model	31/03/2010	30/09/2010	07/10/2010	Dutch	PDF
Abridged model	31/03/2009	30/09/2009	30/09/2009	Dutch	PDF
Abridged model	31/03/2008	29/09/2008	26/02/2009	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 31/03/2025 · 1 active · 3 ended

Active mandates

Robby Naessens

Director

Active

Ended mandates

Robby Naessens

Manager

Ended

STIJN DE SMET

Manager · until 30 septembre 2010

Ended

STIJN DE SMET

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/08/2020
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/01/2017
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares09/04/2014
KAPITAAL - AANDELEN
PDF
Mandates26/10/2010
ONTSLAGEN - BENOEMINGEN
PDF
Other14/03/2007
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 202578,1 k €↑
2024
Annual accounts 202419,5 k €↓
2023
Annual accounts 202344,5 k €↑
2022
Annual accounts 202239,6 k €↑
2021
Annual accounts 202115,5 k €↓
2020
Annual accounts 202026 k €↑
2019
Annual accounts 201918,9 k €↑
2018
Annual accounts 201816,5 k €↑
2017
Annual accounts 20178 k €↓
2016
Annual accounts 201610,1 k €↓
2015
Annual accounts 201513,3 k €↑
2014
Annual accounts 20146,8 k €↓
2013
Annual accounts 201312,8 k €↑
2012
Annual accounts 201211,1 k €↑
2011
Annual accounts 20111,2 k €↓
2010
Annual accounts 20102,7 k €↓
2009
Annual accounts 200912,9 k €↓
2008
Annual accounts 200819,6 k €
06/03/2007
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

NADESCO

Overview

What does NADESCO do?

Trend over 18 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