ACTIVE

AMADEUS

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Financial year 2025 · closed on 31/12/2025

Net result

-2,1 k €

-28.5% YoY

Gross margin

-87,7 €

-123.4% YoY

Equity

155,8 k €

-1.3% YoY

What does AMADEUS do?

AMADEUS is a Public limited company incorporated in 1986. Its registered office is in Mechelen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0429.410.981

Incorporation

07/08/1986

Legal form

Public limited company

Registered office

Boerenkrijgstraat 133
2800 Mechelen · FlandreSee on map

Contributed capital

621 400,72 €

Latest accounts

31/12/2025

Signals

Solid equityLow riskGood liquidity

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		2006
Income statement
Gross margin	-87,7 €	-123%	374,9 €	+233%	-281,6 €	-21.2%	-232,4 €	+3.7%	-241,2 €	-61.0%	-149,8 €	-102%	7,4 k €	+196%	-7,7 k €	-533%	-1,2 k €	+95.2%	-25,6 k €	-232%	19,4 k €	-60.5%	49,1 k €	-80.6%	253,5 k €	-24.2%	334,6 k €	+120%	152,3 k €	+941%	-18,1 k €	-22.4%	-14,8 k €	+75.5%	-60,4 k €		–
EBITDA	-1,7 k €	-44.2%	-1,1 k €	+44.1%	-2,1 k €	-31.5%	-1,6 k €	-0.8%	-1,5 k €	-7.3%	-1,4 k €	-82.8%	-790,3 €	+91.0%	-8,8 k €	+97.8%	-398,1 k €	-1415%	-26,3 k €	-244%	18,3 k €	-61.9%	48 k €	-81.0%	252,4 k €	-24.3%	333,5 k €	+120%	151,8 k €	+892%	-19,2 k €	-20.9%	-15,9 k €	+74.5%	-62,3 k €	-1039%	-5,5 k €
Operating result	-1,7 k €	-44.2%	-1,1 k €	+44.1%	-2,1 k €	-31.5%	-1,6 k €	-0.8%	-1,5 k €	-7.3%	-1,4 k €	-82.8%	-790,3 €	+91.0%	-8,8 k €	+97.8%	-398,1 k €	-1415%	-26,3 k €	-244%	18,3 k €	-61.9%	48 k €	-81.0%	252,4 k €	-24.3%	333,5 k €	+120%	151,8 k €	+892%	-19,2 k €	-20.9%	-15,9 k €	+90.0%	-158,7 k €	-2800%	-5,5 k €
Net result	-2,1 k €	-28.5%	-1,6 k €	+19.8%	-2 k €	-12.6%	-1,8 k €	-3.7%	-1,7 k €	+86.9%	-13,3 k €	-24.3%	-10,7 k €	+57.8%	-25,3 k €	+93.7%	-403,3 k €	-989%	-37 k €	-237%	27,1 k €	+1128%	2,2 k €	-99.1%	257,9 k €	-18.2%	315,1 k €	+179%	113,1 k €	+315%	-52,6 k €	-574%	11,1 k €	+104%	-267,1 k €	-365%	-57,4 k €
Balance sheet
Equity	155,8 k €	-1.3%	157,9 k €	-1.0%	159,5 k €	-1.3%	161,5 k €	-1.1%	163,3 k €	-1.1%	165,1 k €	+41.1%	117 k €	-8.4%	127,7 k €	-16.6%	153 k €	-72.5%	556,3 k €	-6.2%	593,3 k €	+4.8%	566,2 k €	+0.4%	564 k €	+84.3%	306,1 k €	+3496%	-9 k €	+92.6%	-122,1 k €	-75.5%	-69,6 k €	+13.7%	-80,7 k €	+10.1%	-89,7 k €
Total assets	194,2 k €	+0.4%	193,5 k €	+4.6%	185,1 k €	+0.0%	185 k €	+0.0%	185 k €	+0.8%	183,4 k €	+0.9%	181,8 k €	-52.4%	382,2 k €	-19.3%	473,3 k €	-53.3%	1 M €	-45.8%	1,9 M €	+201%	621,3 k €	-13.1%	715 k €	-18.1%	873,1 k €	-12.5%	998,2 k €	+0.9%	989,6 k €	+496%	166,1 k €	-90.7%	1,8 M €	+98.9%	895,5 k €
Cash	105,8 €	-78.5%	492,2 €	+1002%	44,7 €	-43.3%	78,8 €	+131%	34,2 €		–		44 €	-54.4%	96,4 €	+259%	26,9 €	-100.0%	101,4 k €	+4.2%	97,3 k €	-2.6%	99,9 k €	+2.9%	97,1 k €	+54.9%	62,7 k €	-57.5%	147,5 k €	+432%	27,7 k €		–		–		2 k €
Debts	38,4 k €	+7.9%	35,6 k €	+39.4%	25,6 k €	+8.8%	23,5 k €	+8.6%	21,6 k €	+18.0%	18,3 k €	-71.7%	64,8 k €	-74.5%	254,5 k €	-20.5%	320,3 k €	-29.9%	457,2 k €	-64.2%	1,3 M €	+2219%	55 k €	-63.5%	151 k €	-73.4%	567 k €	-43.7%	1 M €	-9.0%	1,1 M €	+370%	235,7 k €	-87.3%	1,9 M €	+88.3%	985,2 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 14 ended

Active mandates

Johan WILLEMEN

Managing director · since 30 juin 2023 · until 31 mai 2029

Active

MaNaJo Beheer

Managing director · since 30 juin 2023 · until 31 mai 2029 · 0697.993.984

Represented by Marc Jonckheere

Active

Sidharta Consulting

Director · since 30 juin 2023 · until 31 mai 2029 · 0717.630.150

Represented by Django Liénart

Active

Tom WILLEMEN

Director · since 30 juin 2023 · until 31 mai 2029

Active

Ended mandates

Johan WILLEMEN

Director · since 27 mai 2021 · until 30 mai 2024

Ended

Tom WILLEMEN

Director · since 27 mai 2021 · until 30 mai 2024

Ended

Johan WILLEMEN

Director · since 03 juin 2015 · until 27 mai 2021

Ended

Tom WILLEMEN

Director · since 03 juin 2015 · until 27 mai 2021

Ended

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Annual accounts

Full financial information

	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	07/07/2026	03/07/2025	09/07/2024	06/07/2023	06/07/2022	29/06/2021
General meeting	26/06/2026	13/06/2025	30/05/2024	30/06/2023	27/05/2022	27/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	07/07/2026	Dutch	PDF
Abridged model	31/12/2024	13/06/2025	03/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/05/2024	09/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	06/07/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	06/07/2022	Dutch	PDF
Abridged model	31/12/2020	27/05/2021	29/06/2021	Dutch	PDF
Abridged model	31/12/2019	28/05/2020	06/07/2020	Dutch	PDF
Abridged model	31/12/2018	30/05/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	31/05/2018	07/09/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	25/08/2016	Dutch	PDF
Abridged model	31/12/2014	28/05/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	04/07/2014	Dutch	PDF
Abridged model	31/12/2012	30/05/2013	03/07/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	25/06/2012	Dutch	PDF
Abridged model	31/12/2010	26/05/2011	01/07/2011	Dutch	PDF
Abridged model	31/12/2009	27/05/2010	08/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	09/07/2009	Dutch	PDF
Full model	31/12/2007	23/06/2008	17/07/2008	Dutch	PDF
Full model	31/12/2006	21/06/2007	20/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2025 · 4 active · 14 ended

Active mandates

Johan WILLEMEN

Managing director · since 30 juin 2023 · until 31 mai 2029

Active

MaNaJo Beheer

Managing director · since 30 juin 2023 · until 31 mai 2029 · 0697.993.984

Represented by Marc Jonckheere

Active

Sidharta Consulting

Director · since 30 juin 2023 · until 31 mai 2029 · 0717.630.150

Represented by Django Liénart

Active

Tom WILLEMEN

Director · since 30 juin 2023 · until 31 mai 2029

Active

Ended mandates

Johan WILLEMEN

Director · since 27 mai 2021 · until 30 mai 2024

Ended

Tom WILLEMEN

Director · since 27 mai 2021 · until 30 mai 2024

Ended

Johan WILLEMEN

Director · since 03 juin 2015 · until 27 mai 2021

Ended

Tom WILLEMEN

Director · since 03 juin 2015 · until 27 mai 2021

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/07/2020
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates18/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/01/2016
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares23/09/2015
DOEL - KAPITAAL - AANDELEN
PDF
Mandates28/11/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/10/2009
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
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 2025-2,1 k €↓
2024
Annual accounts 2024-1,6 k €↑
2023
Annual accounts 2023-2 k €↓
2022
Annual accounts 2022-1,8 k €↓
2021
Annual accounts 2021-1,7 k €↑
2020
Annual accounts 2020-13,3 k €↓
2019
Annual accounts 2019-10,7 k €↑
2018
Annual accounts 2018-25,3 k €↑
2017
Annual accounts 2017-403,3 k €↓
2016
Annual accounts 2016-37 k €↓
2015
Annual accounts 201527,1 k €↑
2014
Annual accounts 20142,2 k €↓
2013
Annual accounts 2013257,9 k €↓
2012
Annual accounts 2012315,1 k €↑
2011
Annual accounts 2011113,1 k €↑
2010
Annual accounts 2010-52,6 k €↓
2009
Annual accounts 200911,1 k €↑
2008
Annual accounts 2008-267,1 k €↓
2006
Annual accounts 2006-57,4 k €
07/08/1986
IncorporationPublic 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

AMADEUS

Overview

What does AMADEUS 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