ACTIVE

ANALEX

Financial year 2025 · closed on 31/12/2025
Net result
-114,5 k €
+93.8% YoY
Revenue
39 k €
Equity
25,8 M €
-4.1% YoY
Workforce
0,0 ETP

What does ANALEX do?

ANALEX is a Public limited company incorporated in 1987. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0433.047.095
Incorporation
21/12/1987
Legal form
Public limited company
Registered office
Adriaan Walckiersdreef 9
9031 Gent · FlandreSee on map
Contributed capital
1 704 107,01 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
Solid equityLow riskGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue39 k €
EBITDA-412,8 k €-290,8 k €-349,6 k €92 k €217,4 k €181 k €175,1 k €206,2 k €169,3 k €300,6 k €184 k €274,1 k €285,9 k €454,1 k €377,1 k €433,4 k €410,7 k €312,9 k €397,7 k €
Operating result-418,2 k €-304,6 k €-373,9 k €61,8 k €190,5 k €160,3 k €154,6 k €183,4 k €146,2 k €212,5 k €150,4 k €155,6 k €147,5 k €237,5 k €139,7 k €217 k €155,4 k €172 k €252,1 k €
Net result-114,5 k €-1,8 M €-1,6 M €1,1 M €544,1 k €144,1 k €202,7 k €157,7 k €127,4 k €138,2 k €226 k €101,3 k €132,4 k €-9,1 k €23,4 M €46,6 k €8,6 k €24 k €120,5 k €
Balance sheet
Equity25,8 M €26,9 M €28,7 M €30,3 M €27,3 M €26,8 M €26,6 M €26,4 M €26,3 M €26,1 M €26 M €25,8 M €25,7 M €25,5 M €25,5 M €2,2 M €2,2 M €2,2 M €2,2 M €
Total assets27,1 M €28,2 M €30,6 M €33,1 M €30,4 M €30,3 M €30,4 M €30,4 M €30,1 M €30 M €30,3 M €29 M €29,2 M €29,3 M €29,7 M €4,9 M €5,2 M €4,3 M €4,4 M €
Cash35,4 k €140,9 k €32,2 k €53 k €47,3 k €4,1 k €80,2 k €324,1 €882,5 €18,1 k €6,8 k €11,9 k €71,3 k €219,4 k €1,2 k €5,2 k €40,7 k €1,9 k €
Debts1,2 M €1,2 M €1,7 M €2,6 M €2,9 M €3,4 M €3,6 M €3,8 M €3,8 M €3,7 M €4,2 M €3 M €3,5 M €3,8 M €4 M €2,5 M €2,8 M €2 M €2,1 M €
Other
Workforce0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 23 ended

Active mandates

Alexander Dumarey

Director · since 03 juin 2021 · until 03 juin 2027

Active
Anastasia Dumarey

Director · since 03 juin 2021 · until 03 juin 2027

Active
Katarina Dumarey

Director · since 03 juin 2021 · until 03 juin 2027

Active
Walter Dumarey

Managing director · since 03 juin 2021 · until 03 juin 2027

Active

Ended mandates

Alexander Dumarey

Director · since 03 juin 2021 · until 08 juin 2027

Ended
Anastasia Dumarey

Director · since 03 juin 2021 · until 08 juin 2027

Ended
Katarina Dumarey

Director · since 03 juin 2021 · until 08 juin 2027

Ended
Walter Dumarey

Managing director · since 03 juin 2021 · until 08 juin 2027

Ended
At this address

Other companies at this address

CompanyCBE no.
SPECCHIOActive
0452.335.249
TALBEAUActive
0819.275.757
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/08/202630/06/202530/08/202403/07/202323/08/202223/07/2021
General meeting19/08/202626/06/202511/06/202413/06/202314/06/202203/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/08/202626/08/2026DutchPDF
Abridged model31/12/202426/06/202530/06/2025DutchPDF
Abridged model31/12/202311/06/202430/08/2024DutchPDF
Abridged model31/12/202213/06/202303/07/2023DutchPDF
Abridged model31/12/202114/06/202223/08/2022DutchPDF
Abridged model31/12/202003/06/202123/07/2021DutchPDF
Abridged model31/12/201904/06/202030/07/2020DutchPDF
Abridged model31/12/201803/06/201912/08/2019DutchPDF
Abridged model31/12/201712/06/201831/07/2018DutchPDF
Abridged model31/12/201613/06/201730/08/2017DutchPDF
Abridged model31/12/201502/06/201609/08/2016DutchPDF
Abridged model31/12/201404/06/201513/08/2015DutchPDF
Abridged model31/12/201310/06/201411/08/2014DutchPDF
Abridged model31/12/201211/06/201305/08/2013DutchPDF
Abridged model31/12/201112/06/201223/08/2012DutchPDF
Abridged model31/12/201014/06/201108/08/2011DutchPDF
Abridged model31/12/200908/06/201012/08/2010DutchPDF
Abridged model31/12/200809/06/200931/07/2009DutchPDF
Abridged model30/12/200710/06/200810/07/2008DutchPDF
Abridged model30/12/200612/06/200727/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 23 ended

Active mandates

Alexander Dumarey

Director · since 03 juin 2021 · until 03 juin 2027

Active
Anastasia Dumarey

Director · since 03 juin 2021 · until 03 juin 2027

Active
Katarina Dumarey

Director · since 03 juin 2021 · until 03 juin 2027

Active
Walter Dumarey

Managing director · since 03 juin 2021 · until 03 juin 2027

Active

Ended mandates

Alexander Dumarey

Director · since 03 juin 2021 · until 08 juin 2027

Ended
Anastasia Dumarey

Director · since 03 juin 2021 · until 08 juin 2027

Ended
Katarina Dumarey

Director · since 03 juin 2021 · until 08 juin 2027

Ended
Walter Dumarey

Managing director · since 03 juin 2021 · until 08 juin 2027

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring13/01/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring13/10/2021
    DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates02/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/05/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/08/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/02/2012
    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

Timeline

  1. 2025
    Annual accounts 2025-114,5 k €
  2. 2024
    Annual accounts 2024-1,8 M €
  3. 2023
    Annual accounts 2023-1,6 M €
  4. 2022
    Annual accounts 20221,1 M €
  5. 2020
    Annual accounts 2020544,1 k €
  6. 2019
    Annual accounts 2019144,1 k €
  7. 2018
    Annual accounts 2018202,7 k €
  8. 2017
    Annual accounts 2017157,7 k €
  9. 2016
    Annual accounts 2016127,4 k €
  10. 2015
    Annual accounts 2015138,2 k €
  11. 2014
    Annual accounts 2014226 k €
  12. 2013
    Annual accounts 2013101,3 k €
  13. 2012
    Annual accounts 2012132,4 k €
  14. 2011
    Annual accounts 2011-9,1 k €
  15. 2010
    Annual accounts 201023,4 M €
  16. 2009
    Annual accounts 200946,6 k €
  17. 2008
    Annual accounts 20088,6 k €
  18. 2007
    Annual accounts 200724 k €
  19. 2006
    Annual accounts 2006120,5 k €
  20. 21/12/1987
    IncorporationPublic limited company