ACTIVE

AURE

Financial year 2025 · Closed on 31/12/2025

Net result4,1 k €+102,5 %over 1 year

Gross margin-6 k €+87,6 %over 1 year

Equity5,7 M €+0,1 %over 1 year

Identity

Source · BCE/KBO

AURE is a Public limited company incorporated in 1982. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0423.180.019
Incorporation: 16/09/1982
Legal form: Public limited company
Registered office: Avenue Louise 480 box 17
1050 Bruxelles · BruxellesSee on map
Contributed capital: 1 160 873,38 €
Latest accounts: 31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-6 k €	+87.6%	-48,1 k €	-46.2%	-32,9 k €	+63.9%	-91,1 k €	-12.9%	-80,6 k €
EBITDA	-6 k €	+87.9%	-49,1 k €	-45.0%	-33,9 k €	+63.8%	-93,6 k €	-0.0%	-93,5 k €
Operating result	-6 k €	+87.9%	-49,1 k €	-45.0%	-33,9 k €	+63.8%	-93,6 k €	-0.0%	-93,5 k €
Net result	4,1 k €	+103%	-161,7 k €	-154%	298,3 k €	+573%	44,3 k €	+100%	-63,6 M €
Balance sheet
Equity	5,7 M €	+0.1%	5,7 M €	-12.9%	6,5 M €	+4.8%	6,2 M €	+0.7%	6,2 M €
Total assets	9,8 M €	-6.3%	10,5 M €	-48.2%	20,3 M €	+3.9%	19,6 M €	-8.9%	21,5 M €
Cash	26,1 k €	+37.6%	18,9 k €	+15.9%	16,3 k €	-77.8%	73,6 k €	+111%	34,9 k €
Debts	4,2 M €	-13.9%	4,8 M €	-64.9%	13,8 M €	+3.5%	13,3 M €	-12.8%	15,3 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 14 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Emmanuel Barthelemy de Saizieu	Directorsince 24/07/2024
Andrew DE MURGA	Directorsince 28/12/2016
Bernard THUYSBAERT	Directorsince 28/12/2016
Jean-Louis WAUCQUEZ	Directorsince 28/12/2016

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ISA MANAGEMENT SASRepresented by Andrew DE MURGA	Director15/12/2017 → 2020 accounts

Other companies at this address

Avenue Louise 480 1050 Bruxelles

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Advanced Fire Solutions● Active	0459.889.965
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AFRICAN INFRASTRUCTURE DEVELOPMENT GROUP● Active	1013.242.204
ALL MEDIA HOLDING● Active	0538.721.469
Alter Vanderstappen Robert● Active	1002.246.362
AQUILA GARDEN● Active	0841.909.817
ATTENO● Active	1044.701.579
AUDEBREY● Active	1036.551.403
AUNERIPHARM● Active	1002.796.292
AV BELGIUM II● Active	0776.987.222
AXPO BENELUX● Active	0810.770.639
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BELGOTEYC● Active	0643.617.467

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	30/06/2025	12/07/2024	29/08/2023	24/08/2022	31/08/2021
General meeting	23/06/2026	30/05/2025	04/07/2024	23/06/2023	30/06/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	23/06/2026	31/08/2026	French	PDF
Abridged model	31/12/2024	30/05/2025	30/06/2025	French	PDF
Abridged model	31/12/2023	04/07/2024	12/07/2024	French	PDF
Abridged model	31/12/2022	23/06/2023	29/08/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	24/08/2022	French	PDF
Abridged model	31/12/2020	30/06/2021	31/08/2021	French	PDF
Abridged model	31/12/2019	02/04/2020	30/10/2020	French	PDF
Abridged model	31/12/2018	04/04/2019	01/09/2019	French	PDF
Abridged model	31/12/2017	28/06/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	06/04/2017	25/08/2017	French	PDF
Abridged model	31/12/2015	07/04/2016	26/07/2016	French	PDF
Abridged model	31/12/2014	02/04/2015	14/04/2015	French	PDF
Abridged model	31/12/2013	03/04/2014	01/07/2014	French	PDF
Abridged model	31/12/2012	04/04/2013	11/06/2013	French	PDF
Abridged model	31/12/2011	05/04/2012	29/08/2012	French	PDF
Abridged model	31/12/2010	07/04/2011	02/08/2011	French	PDF
Abridged model	31/12/2009	01/04/2010	27/05/2010	French	PDF
Abridged model	31/12/2008	02/04/2009	27/08/2009	French	PDF
Abridged model	31/12/2007	03/04/2008	28/08/2008	French	PDF
Abridged modelCorrection	31/12/2006	15/05/2007	19/12/2007	French	PDF
Abridged model	31/12/2006	15/05/2007	19/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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 31/12/2025

4 active · 14 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Emmanuel Barthelemy de Saizieu	Directorsince 24/07/2024
Andrew DE MURGA	Directorsince 28/12/2016
Bernard THUYSBAERT	Directorsince 28/12/2016
Jean-Louis WAUCQUEZ	Directorsince 28/12/2016

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ISA MANAGEMENT SASRepresented by Andrew DE MURGA	Director15/12/2017 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates19/03/2026
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates13/08/2024
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates22/11/2023
DEMISSIONS, NOMINATIONS
PDF
Restructuring20/07/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring23/05/2022
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates26/06/2019
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates24/01/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates06/02/2017
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Emmanuel Barthelemy de Saizieu

Andrew DE MURGA

Jean-Louis WAUCQUEZ

Bernard THUYSBAERT

ISA MANAGEMENT SAS

LES VERGERS DE PARADIS

Ana Mary de Murga

Edith Clothilde de Favereau de Jeneret

Angelina de Favereau de Jeneret

Antonia de Favereau de Jeneret

SERFA

Jean Michaël de Favereau de Jeneret

Show the 6 other mandates

198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

AURE

Avenue Louise 480 bte 17, 1050 IxellesChaussée de la Hulpe 177 bte 20, 1170 Watermael-Boitsfort

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue Louise 480 bte 17, 1050 IxellesCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00461164
Chaussée de la Hulpe 177 bte 20, 1170 Watermael-Boitsfort	accounts 2021 → 2023	Accounts 2023 · 2024-00237996

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
AURECurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00461164

Events

2025
Annual accounts 20254,1 k €↑
31/05/2025
nominationJean-Louis Waucquez · administrateur délégué à la gestion journalière
2024
Annual accounts 2024-161,7 k €↓
25/07/2024
nominationEmmanuel BARTHELEMY DE SAIZIEU · administrateur délégué
2023
Annual accounts 2023298,3 k €↑
20/06/2023
nominationAndrew de Murga · administrateur
2022
Annual accounts 202244,3 k €↑
2021
Annual accounts 2021-63,6 M €↓
2020
Annual accounts 2020-109,4 k €↓
2019
Annual accounts 201982,8 M €↑
2018
Annual accounts 2018-153,8 k €↓
2017
Annual accounts 201739,2 M €↑
2016
Annual accounts 2016540,8 k €↑
2015
Annual accounts 2015-20,1 k €↑
2014
Annual accounts 2014-279,7 k €↓
2013
Annual accounts 2013886,7 k €↑
2012
Annual accounts 2012361,1 k €↓
2011
Annual accounts 2011375 k €↓
2010
Annual accounts 2010377,6 k €↓
2009
Annual accounts 2009397,6 k €↑
2008
Annual accounts 20084,9 k €↑
2007
Annual accounts 20071,6 k €↓
2006
Annual accounts 2006242,4 k €
16/09/1982
IncorporationPublic limited company

AURE

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events