ACTIVE

COLMENA

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

328,5 k €

-72.1% YoY

Revenue

42,9 M €

+2.5% YoY

Equity

6,4 M €

+5.5% YoY

Workforce

5,8 ETP

+48.7% YoY

What does COLMENA do?

COLMENA is a Private limited company incorporated in 1989. Its main activity is: Management consultancy activities. Its registered office is in Buggenhout. It employs on average 5,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.481.066

Incorporation

14/12/1989

Legal form

Private limited company

Registered office

Damstraat 25
9255 Buggenhout · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

5,8 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 46331Wholesale of dairy products, eggs and edible oils and fats 46331Wholesale of dairy products, eggs and edible oils and fats 47761Retail sale of flowers, plants, seeds, fertilisers, pet animals and pet food in specialised stores+8

Joint committees (3)

100
200
200000

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	42,9 M €	+2.5%	41,8 M €	+68.6%	24,8 M €	-6.1%	26,4 M €	+26.8%	20,8 M €		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	344,4 k €	-79.4%	1,7 M €	-19.8%	2,1 M €	+17.4%	1,8 M €	+9.3%	1,6 M €	-20.5%	2 M €	+52.8%	1,3 M €	-31.8%	2 M €	+26.7%	1,5 M €	+68.7%	916,3 k €	+95.6%	468,4 k €	+375%	98,7 k €	+280%	26 k €	-78.8%	122,3 k €	+18.5%	103,3 k €	+0.7%	102,6 k €	+126%	45,5 k €	-11.0%	51,1 k €	+2170%	2,3 k €
Operating result	331 k €	-78.7%	1,6 M €	-9.3%	1,7 M €	+22.7%	1,4 M €	+12.6%	1,2 M €	-25.7%	1,7 M €	+36.0%	1,2 M €	-34.0%	1,9 M €	+28.6%	1,4 M €	+58.5%	910,7 k €	+99.4%	456,7 k €	+425%	87 k €	+488%	14,8 k €	-86.1%	106,1 k €	+9.5%	96,9 k €	-4.8%	101,7 k €	+133%	43,6 k €	-10.5%	48,7 k €	+14303%	338,3 €
Net result	328,5 k €	-72.1%	1,2 M €	-8.0%	1,3 M €	+23.4%	1 M €	+15.8%	895 k €	-22.4%	1,2 M €	+35.2%	853,1 k €	-29.9%	1,2 M €	+28.2%	948,7 k €	+58.0%	600,5 k €	+107%	290,1 k €	+348%	64,7 k €	+290%	16,6 k €	-77.9%	75,1 k €	+13.2%	66,3 k €	-6.7%	71,1 k €	+93.0%	36,8 k €	-8.4%	40,2 k €	+3309%	-1,3 k €
Balance sheet
Equity	6,4 M €	+5.5%	6 M €	+24.3%	4,8 M €	+35.8%	3,6 M €	+10.4%	3,2 M €	+21.6%	2,7 M €	+26.3%	2,1 M €	+13.7%	1,9 M €	+27.7%	1,4 M €	+81.0%	801 k €	+77.8%	450,4 k €	+25.0%	360,3 k €	+12.8%	319,5 k €	-7.7%	346,3 k €	+27.7%	271,3 k €	+32.4%	204,9 k €	+53.1%	133,9 k €	+15.4%	116 k €	+32.1%	87,8 k €
Total assets	8,7 M €	-11.7%	9,9 M €	+55.9%	6,3 M €	-0.5%	6,4 M €	+1.7%	6,3 M €	-3.8%	6,5 M €	+33.7%	4,9 M €	-40.8%	8,2 M €	+78.0%	4,6 M €	+87.3%	2,5 M €	+56.6%	1,6 M €	+106%	766,7 k €	+134%	327,6 k €	-15.8%	389,3 k €	+27.2%	305,9 k €	+40.3%	218,1 k €	+55.0%	140,7 k €	+17.6%	119,7 k €	+24.7%	95,9 k €
Cash	1,6 M €	+23.4%	1,3 M €	-53.0%	2,7 M €	+199%	898,3 k €	-14.9%	1,1 M €	-23.3%	1,4 M €	+24.6%	1,1 M €	+273%	295,8 k €	-24.9%	393,9 k €	-27.5%	543,4 k €	+474%	94,7 k €	-40.9%	160,2 k €	-14.5%	187,5 k €	+7.2%	175 k €	+156%	68,4 k €	+905%	6,8 k €	-61.1%	17,5 k €	+2538%	662,7 €	-87.8%	5,5 k €
Debts	2,4 M €	-38.4%	3,9 M €	+158%	1,5 M €	-46.6%	2,8 M €	-7.6%	3 M €	-20.8%	3,8 M €	+38.5%	2,8 M €	-56.6%	6,4 M €	+101%	3,2 M €	+90.3%	1,7 M €	+48.1%	1,1 M €	+177%	406,4 k €	+4913%	8,1 k €	-81.1%	43 k €	+23.9%	34,7 k €	+164%	13,1 k €	+92.3%	6,8 k €	+87.5%	3,6 k €	-55.1%	8,1 k €
Other
Workforce	5,8 ETP	+48.7%	3,9 ETP	-13.3%	4,5 ETP	+221%	1,4 ETP	-12.5%	1,6 ETP	-11.1%	1,8 ETP	+28.6%	1,4 ETP	+75.0%	0,8 ETP	+300%	0,2 ETP		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 14 ended

Active mandates

H.A.C.

Director · since 27 mai 2024 · 0836.009.148

Represented by Van Gucht Maarten

Active

Ended mandates

H.A.C.

Director · since 07 septembre 2015 · 0836.009.148

Represented by Maarten Van Gucht

Ended

H.A.C.

Director · since 07 septembre 2015 · 0836.009.148

Represented by Van GUCHT MAARTEN

Ended

H.A.C.

Administrator - manager · since 07 septembre 2015 · 0836.009.148

Represented by Maarten Van Gucht

Ended

H.A.C.

Manager · since 07 septembre 2015 · 0836.009.148

Represented by Maarten Van Gucht

Ended

At this address

Other companies at this address

Company	CBE no.
H.A.C.● Active	0836.009.148

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	23/07/2026	30/07/2025	07/10/2024	31/07/2023	13/07/2022	20/07/2021
General meeting	30/06/2026	15/07/2025	07/10/2024	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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	23/07/2026	Dutch	PDF
Full model	31/12/2024	15/07/2025	30/07/2025	French	PDF
Full model	31/12/2023	07/10/2024	07/10/2024	French	PDF
Full model	31/12/2022	26/05/2023	31/07/2023	French	PDF
Full model	31/12/2021	27/05/2022	13/07/2022	French	PDF
Full model	31/12/2020	28/05/2021	20/07/2021	French	PDF
Abridged model	31/12/2019	06/07/2020	03/08/2020	French	PDF
Abridged model	31/12/2018	30/06/2019	31/07/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	18/06/2018	French	PDF
Abridged model	31/12/2016	26/05/2017	13/06/2017	French	PDF
Abridged model	31/12/2015	22/03/2016	24/03/2016	French	PDF
Abridged model	31/12/2014	29/06/2015	30/06/2015	French	PDF
Abridged model	31/12/2013	02/04/2014	04/04/2014	French	PDF
Abridged model	31/12/2012	31/05/2013	08/07/2013	French	PDF
Abridged model	31/12/2011	25/05/2012	06/06/2012	French	PDF
Abridged model	31/12/2010	27/05/2011	31/05/2011	French	PDF
Abridged model	31/12/2009	28/05/2010	18/06/2010	French	PDF
Abridged model	31/12/2008	29/05/2009	05/06/2009	French	PDF
Abridged model	31/12/2007	30/05/2008	11/06/2008	French	PDF
Abridged model	31/12/2006	25/05/2007	14/06/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 14 ended

Active mandates

H.A.C.

Director · since 27 mai 2024 · 0836.009.148

Represented by Van Gucht Maarten

Active

Ended mandates

H.A.C.

Director · since 07 septembre 2015 · 0836.009.148

Represented by Maarten Van Gucht

Ended

H.A.C.

Director · since 07 septembre 2015 · 0836.009.148

Represented by Van GUCHT MAARTEN

Ended

H.A.C.

Administrator - manager · since 07 septembre 2015 · 0836.009.148

Represented by Maarten Van Gucht

Ended

H.A.C.

Manager · since 07 septembre 2015 · 0836.009.148

Represented by Maarten Van Gucht

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/01/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Registered office22/01/2026
SIEGE SOCIAL - OBJET
PDF
Mandates25/09/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates03/06/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates28/12/2020
DEMISSIONS, NOMINATIONS
PDF
Capital / shares05/01/2018
KAPITAL - AKTIEN
PDF
Mandates28/10/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates23/03/2016
DEMISSIONS, NOMINATIONS
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 2025328,5 k €↓
2024
Annual accounts 20241,2 M €↓
2023
Annual accounts 20231,3 M €↑
2022
Annual accounts 20221 M €↑
2021
Annual accounts 2021895 k €↓
2019
Annual accounts 20191,2 M €↑
2018
Annual accounts 2018853,1 k €↓
2017
Annual accounts 20171,2 M €↑
2016
Annual accounts 2016948,7 k €↑
2015
Annual accounts 2015600,5 k €↑
2014
Annual accounts 2014290,1 k €↑
2013
Annual accounts 201364,7 k €↑
2012
Annual accounts 201216,6 k €↓
2011
Annual accounts 201175,1 k €↑
2010
Annual accounts 201066,3 k €↓
2009
Annual accounts 200971,1 k €↑
2008
Annual accounts 200836,8 k €↓
2007
Annual accounts 200740,2 k €↑
2006
Annual accounts 2006-1,3 k €
14/12/1989
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

COLMENA

Overview

What does COLMENA 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