ACTIVE

NAS

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Financial year 2025 · closed on 30/09/2025
Net result
3,9 k €
-90.8% YoY
Gross margin
97 k €
-1.4% YoY
Equity
1,6 M €
+0.2% YoY

What does NAS do?

NAS is a Private limited company incorporated in 2007. Its main activity is: Management consultancy activities. Its registered office is in Hasselt.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0888.069.939
Incorporation
19/03/2007
Legal form
Private limited company
Registered office
Kattendansstraat 82
3500 Hasselt · FlandreSee on map
Contributed capital
1 773 702,00 €
Latest accounts
30/09/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities74142Specialised design activities
Contacts
2 public details availableLog in to view
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 16 financial years

2025202420232022202120202019201820162015201320122011201020092008
Income statement
Gross margin97 k €98,4 k €57,8 k €115,4 k €101,2 k €-23 k €16,8 k €18,1 k €2,9 k €116,8 k €-17,1 k €67,3 k €33,7 k €31,2 k €45,2 k €17,3 k €
EBITDA58,5 k €96,2 k €56,5 k €115,2 k €99,2 k €-74,1 k €14,5 k €-53 k €2,1 k €115,7 k €-18,8 k €66,2 k €31 k €30,2 k €42,2 k €16,5 k €
Operating result33,3 k €68 k €29,5 k €102,1 k €80,1 k €-94,2 k €-6,2 k €-73,5 k €-7,6 k €83,2 k €-46,8 k €39,3 k €-14 k €-15,9 k €4 k €1,7 k €
Net result3,9 k €42,1 k €17,1 k €111,1 k €63,5 k €-209,1 k €-3 k €-458,4 k €204,6 k €44,9 k €26,7 k €23 k €-18,6 k €-26,2 k €-7,3 k €-8,8 k €
Balance sheet
Equity1,6 M €1,6 M €1,5 M €1,5 M €1,4 M €1,3 M €1,6 M €1,6 M €407 k €202,3 k €107,4 k €80,7 k €57,8 k €76,3 k €102,6 k €-2,6 k €
Total assets2,4 M €2,3 M €2,2 M €2 M €1,9 M €1,7 M €1,9 M €2 M €726,5 k €573,5 k €550,1 k €591,8 k €487,9 k €391,9 k €457,1 k €308,9 k €
Cash16,3 k €10,9 k €27,2 k €16 k €25,1 k €13,8 k €10,8 k €31,4 k €397,3 k €12,3 k €10 k €30,8 k €2,8 k €10,1 k €12,5 k €9,1 k €
Debts787,4 k €679,7 k €652,7 k €473,1 k €466,4 k €388,9 k €319,5 k €411,4 k €317,6 k €371,2 k €442,7 k €511,1 k €428,8 k €314,3 k €353,9 k €310,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 4 ended

Active mandates

Eline Grouwels

Director

Active
Jonas Coenen

Administrator - manager

Active

Ended mandates

Jonas Coenen

Manager · since 12 mars 2007

Ended
Jonas Jan COENEN

Manager · since 12 mars 2007

Ended
Elien Grouwels

Director

Ended
Jonas Coenen

Manager

Ended
At this address

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0698.927.461
Vinius● Active
1021.970.422
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date11/05/202624/04/202523/04/202426/04/202331/03/202229/04/2021
General meeting31/03/202631/03/202529/03/202431/03/202331/03/202231/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202531/03/202611/05/2026DutchPDF
Micro model30/09/202431/03/202524/04/2025DutchPDF
Micro model30/09/202329/03/202423/04/2024DutchPDF
Micro model30/09/202231/03/202326/04/2023DutchPDF
Micro model30/09/202131/03/202231/03/2022DutchPDF
Micro model30/09/202031/03/202129/04/2021DutchPDF
Micro model30/09/201930/03/202022/09/2020DutchPDF
Micro model30/09/201829/03/201929/04/2019DutchPDF
Micro model30/09/201730/03/201803/04/2018DutchPDF
Abridged model30/09/201630/03/201721/04/2017DutchPDF
Abridged model30/09/201530/03/201630/03/2016DutchPDF
Abridged model31/12/201330/06/201421/08/2014DutchPDF
Abridged model31/12/201228/06/201309/09/2013DutchPDF
Abridged model31/12/201130/06/201216/10/2012DutchPDF
Abridged model31/12/201030/06/201105/10/2011DutchPDF
Abridged model31/12/200930/06/201024/08/2010DutchPDF
Abridged model31/12/200830/06/200927/08/2009DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 30/09/2025 · 2 active · 4 ended

Active mandates

Eline Grouwels

Director

Active
Jonas Coenen

Administrator - manager

Active

Ended mandates

Jonas Coenen

Manager · since 12 mars 2007

Ended
Jonas Jan COENEN

Manager · since 12 mars 2007

Ended
Elien Grouwels

Director

Ended
Jonas Coenen

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - DIVERSEN - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring23/05/2017
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring26/01/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Capital / shares23/01/2017
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares27/01/2015
    KAPITAAL - AANDELEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office29/11/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares09/09/2009
    KAPITAAL - AANDELEN
    PDF
  • Restructuring14/02/2008
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, 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

Timeline

  1. 2025
    Annual accounts 20253,9 k €↓
  2. 2024
    Annual accounts 202442,1 k €↑
  3. 2023
    Annual accounts 202317,1 k €↓
  4. 2022
    Annual accounts 2022111,1 k €↑
  5. 2021
    Annual accounts 202163,5 k €↑
  6. 2020
    Annual accounts 2020-209,1 k €↓
  7. 2019
    Annual accounts 2019-3 k €↑
  8. 2018
    Annual accounts 2018-458,4 k €↓
  9. 2016
    Annual accounts 2016204,6 k €↑
  10. 2015
    Annual accounts 201544,9 k €↑
  11. 2013
    Annual accounts 201326,7 k €↑
  12. 2012
    Annual accounts 201223 k €↑
  13. 2011
    Annual accounts 2011-18,6 k €↑
  14. 2010
    Annual accounts 2010-26,2 k €↓
  15. 2009
    Annual accounts 2009-7,3 k €↑
  16. 2008
    Annual accounts 2008-8,8 k €
  17. 19/03/2007
    IncorporationPrivate limited company