ACTIVE

MANAGEMENT ADVICE GROUP

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Financial year 2025 · Closed on 31/03/2025

Net result50,3 k €+250,2 %over 1 year
Gross margin231,2 k €+29,6 %over 1 year
Equity2,1 M €+2,4 %over 1 year

Identity

Source · BCE/KBO

MANAGEMENT ADVICE GROUP is a Limited partnership incorporated in 1982. Its main activity is: Management consultancy activities. Its registered office is in Watermael-Boitsfort.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0422.528.040
Incorporation
17/03/1982
Legal form
Limited partnership
Registered office
Chaussée de La Hulpe 177 box 20
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
1 255 539,49 €
Latest accounts
31/03/2025
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin231,2 k €178,4 k €125,9 k €1,6 M €148 k €
EBITDA210,1 k €162,9 k €114,6 k €1,6 M €181,5 k €
Operating result168,9 k €129,3 k €111 k €1,6 M €139,8 k €
Net result50,3 k €-33,5 k €-62,6 k €1,1 M €-11,3 k €
Balance sheet
Equity2,1 M €2,1 M €2,1 M €2,2 M €1,1 M €
Total assets9,5 M €9,9 M €10,2 M €10,3 M €7,9 M €
Cash34,3 k €111,4 k €308,8 k €167,4 k €4,7 k €
Debts4,2 M €4,6 M €4,8 M €4,9 M €3,8 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 3 ended

Active mandates

Maximilien T'Scharner

Director · since 10 juin 2024

Active
NICOLE VAN BIERBEEK

Director · since 27 décembre 2023

Active

Ended mandates

Nicole Van Bierbeek

Administrator - manager · since 27 novembre 2015

Ended
NICOLE VAN BIERBEEK

Managing director · since 27 novembre 2015

Ended
Nicole VAN BIERBEEK

Manager

Ended

Other companies at this address

Chaussée de La Hulpe 177 1170 Watermael-Boitsfort
CompanyCBE no.
177 INVEST● Active
0828.880.440
177 INVEST BIS● Active
0836.052.205
A2Z Private Capital● Active
0784.331.409
AC Bâtiment● Active
0866.501.889
A.C.P. CHEE LA HULPE 177● Active
0850.177.284
ACTA IUSTA● Active
0685.842.557
Advanced Business Technology● Active
0466.583.064
AFES INTERNATIONAL BELGIUM● Active
1007.417.650
AFIXEN BELGIUM● Active
1042.913.811
AIROUSS MANAGEMENT GROUP● Active
0848.713.178
ALTERYS● Active
0832.130.138
Alterys 177● Active
0698.556.485
AMENAGEMENT● Active
0440.265.182
APLI● Active
0898.833.672
A.SALAS● Active
1006.422.213
ASAPAN● Active
0643.736.738
Association du Personnel expatrie de Chanic en Afrique Fonds de Prévoyance● Active
0414.612.345
ASSOCIATION FAMILIALE van CALOEN● Active
0434.919.987
ASTREE● Active
0798.581.796
ATLANCE● Active
0476.489.635

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/10/202503/12/202412/10/202330/09/202213/10/202127/11/2020
General meeting20/10/202515/10/202412/10/202316/09/202213/10/202114/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202520/10/202528/10/2025FrenchPDF
Abridged model31/03/202415/10/202403/12/2024FrenchPDF
Abridged model31/03/202312/10/202312/10/2023FrenchPDF
Abridged model31/03/202216/09/202230/09/2022FrenchPDF
Micro model31/03/202113/10/202113/10/2021FrenchPDF
Abridged model31/03/202014/11/202027/11/2020FrenchPDF
Micro model31/03/201917/06/201928/08/2019FrenchPDF
Abridged model31/03/201819/06/201826/10/2018FrenchPDF
Abridged model31/03/201730/08/201729/09/2017FrenchPDF
Abridged model31/03/201630/08/201623/09/2016FrenchPDF
Abridged model31/03/201511/09/201508/10/2015FrenchPDF
Abridged model31/03/201422/09/201430/09/2014FrenchPDF
Abridged model31/03/201330/05/201307/10/2013FrenchPDF
Abridged model31/03/201230/05/201226/06/2012FrenchPDF
Abridged model31/03/201130/05/201130/06/2011FrenchPDF
Abridged model31/03/201030/06/201019/08/2010FrenchPDF
Abridged model31/03/200901/06/200908/06/2009FrenchPDF
Abridged model31/03/200820/06/200824/07/2008FrenchPDF
Abridged model31/03/200730/05/200719/06/2007FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 3 ended

Active mandates

Maximilien T'Scharner

Director · since 10 juin 2024

Active
NICOLE VAN BIERBEEK

Director · since 27 décembre 2023

Active

Ended mandates

Nicole Van Bierbeek

Administrator - manager · since 27 novembre 2015

Ended
NICOLE VAN BIERBEEK

Managing director · since 27 novembre 2015

Ended
Nicole VAN BIERBEEK

Manager

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office17/02/2026
    SIEGE SOCIAL
    PDF
  • Mandates14/11/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/02/2024
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office17/01/2023
    SIEGE SOCIAL
    PDF
  • Restructuring11/02/2019
    CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring23/10/2018
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Registered office04/05/2016
    SIEGE SOCIAL
    PDF
  • Capital / shares08/12/2015
    OBJET - CAPITAL, ACTIONS - MODIFICATION FORME JURIDIQUE
    PDF

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 202550,3 k €↑
  2. 2024
    Annual accounts 2024-33,5 k €↑
  3. 2023
    Annual accounts 2023-62,6 k €↓
  4. 2022
    Annual accounts 20221,1 M €↑
  5. 2021
    Annual accounts 2021-11,3 k €↑
  6. 2020
    Annual accounts 2020-163,5 k €↓
  7. 2019
    Annual accounts 2019134,6 k €↑
  8. 2018
    Annual accounts 2018-82,9 k €↓
  9. 2017
    Annual accounts 2017754,7 €↑
  10. 2016
    Annual accounts 2016-11,1 k €↓
  11. 2015
    Annual accounts 201524,1 k €↑
  12. 2014
    Annual accounts 2014-17,5 k €↓
  13. 2013
    Annual accounts 2013-12,2 k €↑
  14. 2012
    Annual accounts 2012-13,4 k €↓
  15. 2011
    Annual accounts 2011-1,4 k €↓
  16. 2010
    Annual accounts 2010-631,5 €↑
  17. 2009
    Annual accounts 2009-1,2 k €↓
  18. 2008
    Annual accounts 20081,7 k €↑
  19. 2007
    Annual accounts 2007-6,9 k €
  20. 17/03/1982
    IncorporationLimited partnership