NADAN
ActiveSummary
NADAN has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.8m and a net result of -€30,572. Equity grew by about 17% per year on average since 2018. In 2025 it fell by 1.1%. Its solvency ranks better than 57% of 5,801 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 21-12-1991 Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housing NACE 68201
- Establishment unit
- 2.065.205.422 9340 Lede, since 25-01-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 01-09-2025
Board and ownership
- De Witte GeertManaging director
- Sabbe FilipManaging director
- Van Kerrebroeck AnnekeDirector · since 03-05-2025
- Auditor
- DPO bedrijfsrevisoren BV
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €877,268
- ▲ 2.8%
- Turnover
- ≈ €990,000
- estimated
- Loss
- €30,572
- Equity
- €2.8m
- ▼ 1.1%
- Total assets
- €6.0m
- ▲ 6.3%
Score breakdownraises riskLiquidity: current ratio 1.36, cash €378,185Loss of €30,572 (financial year 2025)lowers riskSize: total assets €6.0mFigures for financial year 2025 (filed on 20-07-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 65% of them on solvency, 71% on liquidity, 28% on profitability and 37% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 24 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: From profit to loss in 2025after a profit of €382,893 in 2024 -€30,572 View
- Positive: Largest company by total assets in Lede, Real estate sectorin the Checked rankings No. 1 View
- 2 restructurings in 2026latest: branch transferred to BV GEENA 2 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Recent changes
- · Gazette deed Demerger: NADAN splits off to GEENACapital decrease of €821,857.60 · Auditor report: Ulrich De Poortere · GEENA holds 50% of the shares
- · Gazette deed Demerger proposal: BV GEENA splits off to NV NADANAppointment: DPO Bedrijfsrevisoren BV (statutory auditor) · BV GEENA holds 457 shares (50%) · BV JALI holds 457 shares (50%)
- · Gazette deed Reappointments: Sabbe Filip, De Witte Geert and Van Kerrebroeck Anneke
Comparable companies
These companies have the same main activity as NADAN: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €5m and €6.6m, founded between 1987 and 1993.
| Company | Total assets | Gross margin |
|---|---|---|
| NADAN Lede | €6.0m | €0.9m |
| FREMAR Aalter | €6.2m | €1.0m |
| ARGON Aalst | €5.5m | €0.7m |
| JOLIMMO Wetteren | €5.0m | €0.8m |
| STOCK GHEKIERE Ath | €5.5m | €0.8m |
| WAVE HOLDING Antwerp | €5.6m | €0.9m |
| ARIBO Beringen | €6.6m | €0.9m |
Key facts about NADAN
- What is the company number of NADAN?
- The company number of NADAN is 0446.102.901. The VAT number is the same number with BE in front: BE 0446.102.901.
- Where is NADAN based?
- The registered office is at Wichelse steenweg 192, 9340 Lede.Company details
- What does NADAN do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of NADAN?
- NADAN is a public limited company (NV).
- When was NADAN founded?
- NADAN was founded on 21-12-1991.
- Is NADAN still active?
- Yes, NADAN is an active enterprise in the KBO register.
- What is the turnover of NADAN?
- The turnover in financial year 2025 is ≈ €990,000. This figure is estimated from the gross margin of €877,268 and 38 comparable companies (NACE 68201). It probably lies between €880,000 and €1.1m.Financials
- Is NADAN profitable?
- In financial year 2025, NADAN made a loss of €30,572.
- Where can I find the annual accounts of NADAN?
- NADAN filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NADAN due?
- NADAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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