Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NADACO from Tessenderlo-Ham, company number BE0845879293, closed financial year 2025 with a result of € 26,654 after tax. For that financial year NADACO recorded revenue of € 810,000 and equity of € 3.6 million. Compared with financial year 2024, the result moved from € 1,712 to € 26,654. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2026.
€ 3.6 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,654
▲ € 24,942 vs 2024
Profit after tax over the fiscal year.
€ 11,890
▲ € 10,613 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -21,833.
People and assets in 2025
0.5
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 47,668
▼ 17% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 109
▼ 67% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 670,602
▲ 18% vs 2024
Loans from banks and other lenders, long and short.
€ 218,394
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 111 days on average.
€ 9,352
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 589,116 | € 765,500 | € 830,000 | € 810,000 | ▼ 2% |
| Profit after taxes | € 1,658 | € 7,717 | € 1,712 | € 26,654 | ▲ € 24,942 |
| Equity | € 3,583,284 | € 3,591,002 | € 3,592,713 | € 3,619,367 | ▲ 1% |
| Total debts | € 5,092,365 | € 3,940,716 | € 3,840,895 | € 3,944,982 | ▲ 3% |
| Cash | € 132,535 | € 23,138 | € 1,277 | € 11,890 | ▲ € 10,613 |
| Retained profit | € -57,916 | € -50,198 | € -48,487 | € -21,833 | ▲ € 26,654 |
| Bank debt | € 1,197,527 | € 1,173,702 | € 569,411 | € 670,602 | ▲ 18% |
| Balance sheet total | € 8,675,649 | € 7,531,718 | € 7,433,608 | € 7,564,349 | ▲ 2% |
| Employees (FTE) | 0.5 | 0.7 | 0.7 | 0.5 | ▼ 0.2 |
Key figures of NADACO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to NADACO?
What happened at NADACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 26,654 (▲ € 24,942 vs 2024). filed late Source: NBB ↗
- Taking Waves BV became a director. NBB
- DE LONKENDE LENTE BV became a director. NBB
- ALRO BV became a director. NBB
- Natalie Vanderschaeghe became a director. NBB
- ARO BV became a director. NBB
- HENRI ESSERS EN ZONEN INTERNATIONAAL TRANSPORT NV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,658 profit in 2022 to € 26,654 profit in 2025.
Paid € 1,711 in corporate taxes since 2022.
Best year ever: 2025, with € 26,654 profit.
Pays suppliers within 111 days on average.
Management
The stake of ARO, DE LONKENDE LENTE, TAKING WAVES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NADACOBehind NADACO are Taking Waves BV, DE LONKENDE LENTE BV, ALRO BV, Natalie Vanderschaeghe, ARO BV and HENRI ESSERS EN ZONEN INTERNATIONAAL TRANSPORT NV. The shares are held by ARO (51%), DE LONKENDE LENTE (8.2%) and TAKING WAVES (3.3%). It owns 100% of ENGINEERS IN MANAGEMENT, 100% of INGENIEURS-, ONTWERP-, EN COÖRDINATIEBUREAU STABO, 100% of MACOLINES, 100% of INGENIEURSBUREAU JAN VAN AELST, 100% of MACOBO and 100% of STUDIEBUREAU EUREPLAN itself.
Directors
According to the 2025 annual accounts
Director · represented by Frank Segers
Also active at: Ingenieurs-, ontwerp-, en coördinatiebureau STABO
since 2022
Director · represented by Laurens Broeckx
since 2022
Chairman of the board · represented by Gert Bervoets
Also active at: H.Essers Infra Moorslede, Greenyard, H. Essers Systems Company, H.Essers Liquid Bulk, H.Essers Infra, H. Essers Express, Douaneagentschap Essers, Hessenatie Logistics Kortrijk +24 more
since 2022
Natalie Vanderschaeghe
Director
Also active at: Ingenieurs-, ontwerp-, en coördinatiebureau STABO, INGENIEURSBUREAU JAN VAN AELST, MACOLINES, N.V.D.S., Engineers in Management, STUDIEBUREAU EUREPLAN, macobo
since 2022
Director · represented by Michaël Houtevels
Also active at: Thinkzero, EXTRAPOWER HOLDING, ENSYS HOLDING
since 2022
HENRI ESSERS EN ZONEN INTERNATIONAAL TRANSPORT NV
Director · represented by Salvatore Napolitano
Also active at: VIL, EXTRAPOWER HOLDING
since 2022
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Industrieweg (H) 45
3980 Tessenderlo-Ham
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →INGENIEURSBUREAU JAN VAN AELST same network
€ 550,616 gross margin · 2025
VEKMO
€ 1 million gross margin · 2025
MACOLINES same network
€ 7,096 gross margin · 2025
Engineers in Management same network
€ 70,471 gross margin · 2025
STUDIEBUREAU EUREPLAN same network
€ 185,156 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0845.879.293
- VAT number
- BE 0845.879.293
- Registered office
- Industrieweg (H) 45, 3980 Tessenderlo-Ham
- Names & denominations
- NADACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 May 2012
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
Activiteiten van holdings
Holdings