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NADACO

Active Risk: not assessed Private limited companyfounded 2012active for 14 yearsIndustrieweg 45, 3980 Tessenderlo-HamKBO/BCE: BE 0845.879.293 subsidiary of ARO#10 company by total assets in Tessenderlo-Ham, Finance and insurance sector
Part of the group MAN@THEWHEEL 88 companies in 16 countries
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Lifetime

13 annual accounts with figures on one time axis
peak €518,409 (2019)
-not published
lowest -€617,827 (2020)
€26,654▲ 16×
peak €3.6m (2025)
€3.6m▲ 0.7%
€3.9m▲ 2.7%
peak 1.2 FTE (2019)
0.5 FTE▼ 28.6%
Board7 names since 2012
6 directorsVANDERSCHAEGHE Natalie Jenny André and 5 others
Owners4 names in the annual accounts
51%ARO and 3 others
Documentsfilings and deeds
25-09-202656 days late
2025financial year
Result from €1,712 to €26,654Staff from 0.7 FTE to 0.5 FTECash from €1,277 to €11,890

Key points

from the 2025 annual accounts

Equity

€3.6m ▲ 0.7%

NADACO has made a profit without a break since 2021.

Filings

13 annual accounts since 2013
AprilJune31 JulyOctober201520202025

Six of the last ten came late. The 2024 accounts came latest: 59 days after the end of the period.

Financial institution: outside the modelBankruptcy probability: sector outside the model

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

1 signal.
raises risk
raises risk · 2025 accounts filed 56 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
56 days late
2024
59 days late
2023
30 days late
2022
50 days late
2021
26 days late
2020
1 day early
2019
49 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 38 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

A
Director, BERVOETS Gert Marie-Louise Jozef, since 19-12-2022
A
Director, HOUTEVELS Michaël Jannick, since 19-12-2022
DL
Director, BOECKX Laurens Evarist, since 19-12-2022
HE
Director, NAPOLITANO Salvatore Vincenzo, since 19-12-2022
TW
Director, SEGERS Frank Jean Irma, since 19-12-2022
VN
Director, since 19-12-2022
and 1 other shareholder

Shares in 6 companies, including Engineers in Management and Ingenieurs-, ontwerp-, en coördinatiebureau STABO

Board & ownership

Recent changes

Capital contribution of €139,972.03 Contributions: ARO (€69,993.01, 5,005 shares); Vanderschaeghe Natalie (€24,990.51, 1,787 shares); TAKING WAVES (€4,992.51, 357 shares); and 1 other · 10,009 new shares · General meeting of 26-06-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0845879293
Capital increase of €2,000,000 Contributions: VANDERSCHAEGHE Natalie Jenny André (€470,000, 17,119 shares); Taking Waves (€80,000, 2,914 shares); DE LONKENDE LENTE (€200,000, 7,285 shares); and 1 other · Change of role: VANDERSCHAEGHE Natalie Jenny André, from manager to director · Appointments: ALRO, HENRI ESSERS EN ZONEN INTERNATIONAAL TRANSPORT, ARO, DE LONKENDE LENTE and Taking Waves · General meeting of 19-12-2022 · Gazette deed
Resignation: Davy Macquoi (director) Board meeting of 19-01-2020 · Gazette deed
All 24 events

Comparable companies

same main activity, similar in size and age
Company
NADACO Tessenderlo-Ham €810,000 5.4% 47.8% 0.5
Hopus Holding Rebecq €736,063 8.9% 23.8% 1
TRANSEO INTERNATIONAL Brussels €581,359 - 89.6% 1
Vk concept Pepingen €533,317 75.2% 34.3% 0.2
HELLEVE Gavere €538,022 84.1% 68.5% 0.3
FACO HOLDING Thuin €727,735 53.5% 58.0% 1.1
GROUPE ETIENNE PIRON Herve €658,470 19.2% 53.7% 1
-10%0%10%20%€500,000€5m€50m€500mNADACOEBIT margin

Grey: the largest companies of the sector (financial services (NACE 64)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as NADACO: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €5.4m and €9m, founded between 2007 and 2015.

Official details

Source: KBO
Status
Active since 11-05-2012Normal situation
Registered office
11 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 11 November 2026.
Activity
Activities of holding companiesNACE 64210
Financial year end
31 December
Peppol
Reachable since 17-11-2025
Company details

Annual accounts 2025

€7.6m▲ 1.8%
Employeeson 31-12-2025
1=
Filing
Filed on 25-09-2026
Financials

Companies linked to NADACO

Insights on NADACO

NADACO is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €3.6m and a net result of €26,654.

Equity has been growing by about 10% per year since 2018. Its solvency ranks better than 39% of 3,042 sector peers (NACE 64, financial year 2025).

The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about NADACO

What is the company number of NADACO?
The company number of NADACO is 0845.879.293. The VAT number is the same number with BE in front: BE 0845.879.293.
Where is NADACO based?
The registered office is at Industrieweg 45, 3980 Tessenderlo-Ham.Company details
What does NADACO do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of NADACO?
NADACO is a private limited company (BV).
When was NADACO founded?
NADACO was founded on 11-05-2012.
Is NADACO still active?
Yes, NADACO is an active enterprise in the KBO register.
How many employees does NADACO have?
NADACO had an average of 0.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of NADACO?
The turnover of NADACO was €810,000 in financial year 2025, according to the filed annual accounts.
Is NADACO profitable?
In financial year 2025, NADACO made a profit of €26,654.
Where can I find the annual accounts of NADACO?
NADACO filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NADACO due?
NADACO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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