ACTIVE

BUSINESS MANAGEMENT ADVICE

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Financial year 2025 · closed on 31/03/2025

Net result

14,2 k €

+122.4% YoY

Gross margin

47,5 k €

+604.3% YoY

Equity

269,2 k €

+2.6% YoY

What does BUSINESS MANAGEMENT ADVICE do?

BUSINESS MANAGEMENT ADVICE is a Private limited company incorporated in 1980. Its main activity is: Management consultancy activities. Its registered office is in Waterloo.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0421.128.963

Incorporation

23/12/1980

Legal form

Private limited company

Registered office

Allée Henri Pousseur 34
1410 Waterloo · WallonieSee on map

Contributed capital

179 500,00 €

Latest accounts

31/03/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy 74142Specialised design activities 74203Photographic activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	47,5 k €	+604%	6,7 k €	-76.9%	29,2 k €	+88.1%	15,5 k €	+421%	-4,8 k €	-106%	76,2 k €	+168%	-111,7 k €	-232%	84,9 k €	+22.1%	69,6 k €	-79.6%	341 k €	+432%	64,1 k €	-57.7%	151,7 k €	+55.0%	97,9 k €	-23.9%	128,6 k €	+4.5%	123,1 k €	-23.7%	161,4 k €	+31.8%	122,4 k €	-13.3%	141,3 k €	-8.4%	154,3 k €
EBITDA	27,5 k €	+308%	-13,2 k €	-274%	7,6 k €	+487%	-2 k €	+92.4%	-25,8 k €	-148%	53,8 k €	-13.1%	61,9 k €	+12.2%	55,2 k €	+32.5%	41,6 k €	-86.8%	314,6 k €	+719%	38,4 k €	-69.8%	127,1 k €	+75.6%	72,4 k €	-29.3%	102,4 k €	-6.7%	109,7 k €	-11.4%	123,8 k €	+16.4%	106,4 k €	+13.7%	93,5 k €	-19.4%	116,1 k €
Operating result	-1,6 k €	+96.1%	-41,2 k €	-111%	-19,5 k €	-19.8%	-16,3 k €	+67.5%	-50,1 k €	-271%	29,3 k €	+1522%	1,8 k €	+134%	-5,3 k €	+74.5%	-20,7 k €	-108%	268,7 k €	+6603%	-4,1 k €	-105%	84,4 k €	+221%	26,3 k €	-51.3%	53,9 k €	+6.0%	50,9 k €	-22.2%	65,4 k €	+25.3%	52,2 k €	+28.8%	40,6 k €	-31.4%	59,2 k €
Net result	14,2 k €	+122%	-63,3 k €	-244%	-18,4 k €	-2793%	684 €	+102%	-44 k €	-61.2%	-27,3 k €	-502%	6,8 k €	-48.6%	13,2 k €	+2308%	548,5 €	-99.7%	160,2 k €	+1445%	-11,9 k €	-116%	76,8 k €	+1231%	5,8 k €	-85.1%	38,8 k €	+492%	-9,9 k €	-145%	22,2 k €	-43.0%	39 k €	-6.2%	41,6 k €	+260%	-26,1 k €
Balance sheet
Equity	269,2 k €	+2.6%	262,3 k €	-17.2%	317 k €	-31.9%	465,1 k €	-17.4%	562,9 k €	-7.2%	606,8 k €	-4.3%	634,1 k €	+1.1%	627,3 k €	+2.2%	614,1 k €	+3.7%	592,4 k €	+37.1%	432,2 k €	-2.7%	444,2 k €	+17.7%	377,4 k €	+1.6%	371,6 k €	+11.7%	332,8 k €	-2.9%	342,7 k €	+6.9%	320,5 k €	+13.9%	281,4 k €	+11.3%	252,8 k €
Total assets	512,2 k €	+34.5%	380,7 k €	-28.2%	530,4 k €	-16.3%	633,6 k €	+0.5%	630,3 k €	-8.7%	690,4 k €	-33.4%	1 M €	-24.4%	1,4 M €	-0.3%	1,4 M €	-17.3%	1,7 M €	+7.4%	1,5 M €	-2.7%	1,6 M €	+72.0%	925,4 k €	-7.1%	996,5 k €	+2.0%	976,7 k €	-7.2%	1,1 M €	+0.0%	1,1 M €	+0.4%	1 M €	+7.4%	975,1 k €
Cash	14,7 k €	-87.4%	116,3 k €	+143%	47,8 k €	-57.4%	112 k €	-70.0%	373,6 k €	-10.1%	415,6 k €	-3.4%	430,3 k €	-42.1%	743,5 k €	+19.8%	620,4 k €	+153%	245,3 k €	-39.0%	401,8 k €	-14.0%	467,5 k €	+18.3%	395,1 k €	-9.4%	436,3 k €	+13.9%	383 k €	+11.6%	343,3 k €	+111%	162,9 k €	+17.3%	138,8 k €	+13.7%	122,1 k €
Debts	137,5 k €	+73.2%	79,4 k €	-34.4%	121 k €	-1.8%	123,2 k €	+580%	18,1 k €	-34.5%	27,7 k €	-91.9%	339,7 k €	-3.7%	352,7 k €	-1.5%	358 k €	-41.9%	616,4 k €	-18.2%	754 k €	-5.0%	794 k €	+328%	185,5 k €	-26.9%	253,7 k €	-3.9%	264,1 k €	-13.0%	303,5 k €	-7.7%	328,8 k €	-5.8%	349 k €	+7.5%	324,8 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		0,7 ETP	0.0%	0,7 ETP	0.0%	0,7 ETP	-12.5%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	+14.3%	0,7 ETP

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 31/03/2025 · 2 active · 15 ended

Active mandates

Sophie Chauveau

Director · since 16 juin 2021 · until 21 octobre 2025

Active

Philippe CHAUVEAU

Managing director · since 08 novembre 2019 · until 19 juin 2024

Active

Ended mandates

Sophie Chauveau

Director · since 16 juin 2021 · until 21 juin 2024

Ended

Jean-Sébastien DEBUSSCHERE

Director · since 20 juin 2018 · until 31 juillet 2022

Ended

Jean-Sébastien DEBUSSCHERE

Director · since 20 juin 2018 · until 19 juin 2024

Ended

Serge Declerck

Director · since 20 juin 2018 · until 21 mai 2021

Ended

At this address

Other companies at this address

Company	CBE no.
GUIDHALL PROPERTIES● Active	0439.093.759
MILLEPORE● Active	0475.756.294
TRIPLE-A IMMO BELGIUM● Active	0468.355.491

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Abridged model	Abridged 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	27/10/2025	12/07/2024	07/09/2023	26/07/2022	14/07/2021	25/06/2020
General meeting	21/10/2025	19/06/2024	28/06/2023	15/06/2022	16/06/2021	17/06/2020
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/03/2025	21/10/2025	27/10/2025	French	PDF
Micro model	31/03/2024	19/06/2024	12/07/2024	French	PDF
Micro model	31/03/2023	28/06/2023	07/09/2023	French	PDF
Abridged model	31/03/2022	15/06/2022	26/07/2022	French	PDF
Abridged model	31/03/2021	16/06/2021	14/07/2021	French	PDF
Abridged model	31/03/2020	17/06/2020	25/06/2020	French	PDF
Abridged model	31/03/2019	19/06/2019	05/07/2019	French	PDF
Abridged model	31/03/2018	20/06/2018	28/06/2018	French	PDF
Abridged model	31/03/2017	21/06/2017	17/07/2017	French	PDF
Abridged model	31/03/2016	15/06/2016	22/06/2016	French	PDF
Abridged model	31/03/2015	17/06/2015	30/06/2015	French	PDF
Abridged model	31/03/2014	18/06/2014	30/06/2014	French	PDF
Abridged model	31/03/2013	19/06/2013	05/07/2013	French	PDF
Abridged model	31/03/2012	20/06/2012	05/07/2012	French	PDF
Abridged model	31/03/2011	15/06/2011	07/07/2011	French	PDF
Abridged model	31/03/2010	16/06/2010	15/07/2010	French	PDF
Abridged model	31/03/2009	17/06/2009	02/07/2009	French	PDF
Abridged model	31/03/2008	18/06/2008	24/07/2008	French	PDF
Abridged modelCorrection	31/03/2007	20/06/2007	06/07/2007	French	PDF
Abridged model	31/03/2007	20/06/2007	02/07/2007	French	PDF

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 31/03/2025 · 2 active · 15 ended

Active mandates

Sophie Chauveau

Director · since 16 juin 2021 · until 21 octobre 2025

Active

Philippe CHAUVEAU

Managing director · since 08 novembre 2019 · until 19 juin 2024

Active

Ended mandates

Sophie Chauveau

Director · since 16 juin 2021 · until 21 juin 2024

Ended

Jean-Sébastien DEBUSSCHERE

Director · since 20 juin 2018 · until 31 juillet 2022

Ended

Jean-Sébastien DEBUSSCHERE

Director · since 20 juin 2018 · until 19 juin 2024

Ended

Serge Declerck

Director · since 20 juin 2018 · until 21 mai 2021

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/11/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates05/01/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates14/09/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates26/11/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates17/07/2018
DEMISSIONS, NOMINATIONS
PDF
Restructuring27/03/2017
OBJET - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring07/02/2017
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Registered office29/04/2016
SIEGE SOCIAL
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 202514,2 k €↑
2024
Annual accounts 2024-63,3 k €↓
2023
Annual accounts 2023-18,4 k €↓
2022
Annual accounts 2022684 €↑
2021
Annual accounts 2021-44 k €↓
2020
Annual accounts 2020-27,3 k €↓
2019
Annual accounts 20196,8 k €↓
2018
Annual accounts 201813,2 k €↑
2017
Annual accounts 2017548,5 €↓
2016
Annual accounts 2016160,2 k €↑
2015
Annual accounts 2015-11,9 k €↓
2014
Annual accounts 201476,8 k €↑
2013
Annual accounts 20135,8 k €↓
2012
Annual accounts 201238,8 k €↑
2011
Annual accounts 2011-9,9 k €↓
2010
Annual accounts 201022,2 k €↓
2009
Annual accounts 200939 k €↓
2008
Annual accounts 200841,6 k €↑
2007
Annual accounts 2007-26,1 k €
23/12/1980
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

BUSINESS MANAGEMENT ADVICE

Overview

What does BUSINESS MANAGEMENT ADVICE do?

Trend over 19 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