ACTIVE

STUDIEBUREAU Patrick CASIER

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Financial year 2025 · closed on 31/12/2025

Net result

301,7 k €

+158.1% YoY

Gross margin

1,7 M €

+10.8% YoY

Equity

1,2 M €

+9.2% YoY

Workforce

18,9 ETP

-4.1% YoY

What does STUDIEBUREAU Patrick CASIER do?

STUDIEBUREAU Patrick CASIER is a Private limited company incorporated in 1989. Its registered office is in Leuven. It employs on average 18,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0438.816.518

Incorporation

31/10/1989

Legal form

Private limited company

Registered office

Karel van Lotharingenstraat 2
3000 Leuven · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

18,9 ETP

Joint committees (5)

100
200
218
336
3360

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 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	1,7 M €	+10.8%	1,5 M €	+0.2%	1,5 M €	+4.6%	1,5 M €	-3.1%	1,5 M €	+31.8%	1,1 M €	+8.0%	1,1 M €	-2.9%	1,1 M €	+30.0%	835,1 k €	-5.5%	883,6 k €	-3.6%	916,3 k €	-11.5%	1 M €	+5.6%	980,8 k €	-16.9%	1,2 M €	-31.7%	1,7 M €	-14.7%	2 M €	+65.3%	1,2 M €
EBITDA	442,5 k €	+60.0%	276,5 k €	-3.0%	285,1 k €	-21.5%	363,4 k €	-20.3%	456 k €	+67.3%	272,6 k €	+66.4%	163,8 k €	-38.4%	265,8 k €	+140%	110,6 k €	+7.1%	103,2 k €	-24.2%	136,3 k €	+51.1%	90,2 k €	-60.6%	229 k €	-39.2%	376,7 k €	-51.9%	783,2 k €	-11.4%	883,5 k €	+193%	301 k €
Operating result	399,6 k €	+154%	157,3 k €	-29.4%	222,9 k €	-23.0%	289,3 k €	-21.1%	366,5 k €	+82.4%	200,9 k €	+119%	91,9 k €	-42.0%	158,4 k €	+1452%	10,2 k €	-64.2%	28,5 k €	-56.9%	66,2 k €	+146%	26,9 k €	-84.6%	174,9 k €	-45.4%	320,3 k €	-51.5%	660,3 k €	-11.8%	748,5 k €	+351%	165,8 k €
Net result	301,7 k €	+158%	116,9 k €	-24.6%	155 k €	-27.2%	213 k €	-23.1%	277,1 k €	+95.2%	142 k €	+131%	61,6 k €	-44.6%	111,2 k €	+19475%	568,2 €	-96.4%	15,7 k €	-65.5%	45,3 k €	+39.6%	32,5 k €	-68.1%	101,8 k €	-50.7%	206,2 k €	-50.6%	417,6 k €	-7.8%	452,9 k €	+454%	81,8 k €
Balance sheet
Equity	1,2 M €	+9.2%	1,1 M €	+11.8%	987,7 k €	+18.6%	832,7 k €	+34.4%	619,7 k €	+80.9%	342,6 k €	+70.8%	200,6 k €	+44.3%	139 k €	-89.3%	1,3 M €	+0.0%	1,3 M €	-18.0%	1,6 M €	+3.0%	1,5 M €	+2.2%	1,5 M €	+7.3%	1,4 M €	+17.3%	1,2 M €	+53.7%	777,7 k €	+139%	324,8 k €
Total assets	1,8 M €	+17.8%	1,5 M €	+9.9%	1,4 M €	+16.2%	1,2 M €	+11.7%	1,1 M €	+42.4%	739,1 k €	+28.7%	574,2 k €	-35.4%	888,9 k €	-54.4%	1,9 M €	+0.9%	1,9 M €	-3.4%	2 M €	+2.7%	1,9 M €	-6.2%	2,1 M €	-12.7%	2,4 M €	-8.9%	2,6 M €	+9.9%	2,4 M €	+4.6%	2,3 M €
Cash	988,9 k €	+44.6%	683,7 k €	+24.9%	547,4 k €	+12.4%	486,8 k €	-9.8%	539,5 k €	+54.5%	349,1 k €	+15.8%	301,4 k €	-6.6%	322,7 k €	-75.8%	1,3 M €	-0.4%	1,3 M €	-9.8%	1,5 M €	+5.8%	1,4 M €	-19.5%	1,7 M €	+25.2%	1,4 M €	+33.0%	1 M €	-14.7%	1,2 M €	+273%	329,6 k €
Debts	563,1 k €	+41.7%	397,4 k €	+4.9%	379 k €	+12.5%	337 k €	-22.1%	432,3 k €	+9.0%	396,5 k €	+6.1%	373,6 k €	-50.2%	749,9 k €	+14.9%	652,6 k €	+2.7%	635,4 k €	+51.8%	418,6 k €	+1.8%	411,3 k €	-28.2%	572,7 k €	-41.4%	977,2 k €	-30.0%	1,4 M €	-12.6%	1,6 M €	-11.9%	1,8 M €
Other
Workforce	18,9 ETP	-4.1%	19,7 ETP	-2.0%	20,1 ETP	+0.5%	20,0 ETP	-4.3%	20,9 ETP	+11.8%	18,7 ETP	+2.7%	18,2 ETP		–		–		16,3 ETP	0.0%	16,3 ETP	-7.4%	17,6 ETP	-1.7%	17,9 ETP	+2.9%	17,4 ETP	-12.1%	19,8 ETP	-15.4%	23,4 ETP	+2.6%	22,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 14 ended

Active mandates

Lieven De Croo

Director · since 07 décembre 2023

Active

Wouter De Maegt

Director · since 07 décembre 2023

Active

Ended mandates

Lieven De Croo

Director · since 16 mai 2018

Ended

Lieven De Croo

Manager · since 16 mai 2018

Ended

Wouter De Maegt

Director · since 16 mai 2018

Ended

Wouter De Maegt

Manager · since 16 mai 2018

Ended

At this address

Other companies at this address

Company	CBE no.
GeoAutomation● Active	0887.540.991

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	01/06/2026	25/08/2025	11/07/2024	22/08/2023	05/07/2022	30/07/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
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	29/05/2026	01/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	25/08/2025	Dutch	PDF
Abridged model	31/12/2023	31/05/2024	11/07/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	22/08/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	05/07/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	16/07/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	27/06/2019	Dutch	PDF
Abridged model	31/12/2017	15/03/2018	22/05/2018	Dutch	PDF
Abridged model	31/12/2016	26/06/2017	18/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	11/07/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	25/06/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	07/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	11/07/2013	Dutch	PDF
Abridged model	31/12/2011	25/06/2012	26/06/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	04/07/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	06/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	17/06/2008	Dutch	PDF
Abridged model	31/12/2006	27/04/2007	30/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 2 active · 14 ended

Active mandates

Lieven De Croo

Director · since 07 décembre 2023

Active

Wouter De Maegt

Director · since 07 décembre 2023

Active

Ended mandates

Lieven De Croo

Director · since 16 mai 2018

Ended

Lieven De Croo

Manager · since 16 mai 2018

Ended

Wouter De Maegt

Director · since 16 mai 2018

Ended

Wouter De Maegt

Manager · since 16 mai 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/12/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/11/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates17/04/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/02/2010
ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/09/2004
MAATSCHAPPELIJKE ZETEL
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 2025301,7 k €↑
2024
Annual accounts 2024116,9 k €↓
2024
Name changeStudiebureau Patrick Casier
2023
Annual accounts 2023155 k €↓
2022
Annual accounts 2022213 k €↓
2021
Annual accounts 2021277,1 k €↑
2021
Name changeSTUDIEBUREAU P. CASIER
2020
Annual accounts 2020142 k €↑
2019
Annual accounts 201961,6 k €↓
2018
Annual accounts 2018111,2 k €↑
2017
Annual accounts 2017568,2 €↓
2016
Annual accounts 201615,7 k €↓
2015
Annual accounts 201545,3 k €↑
2014
Annual accounts 201432,5 k €↓
2013
Annual accounts 2013101,8 k €↓
2012
Annual accounts 2012206,2 k €↓
2011
Annual accounts 2011417,6 k €↓
2010
Annual accounts 2010452,9 k €↑
2009
Annual accounts 200981,8 k €
31/10/1989
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

STUDIEBUREAU Patrick CASIER

Overview

What does STUDIEBUREAU Patrick CASIER do?

Trend over 17 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