ACTIVE

AHEAD

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Financial year 2025 · closed on 31/10/2025

Net result

-77,4 k €

-1735.7% YoY

Gross margin

69,8 k €

-53.6% YoY

Equity

79,3 k €

-49.4% YoY

What does AHEAD do?

AHEAD is a Public limited company incorporated in 1990. Its main activity is: Activities of head offices. Its registered office is in Saint-Josse-ten-Noode.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.674.769

Incorporation

02/02/1990

Legal form

Public limited company

Registered office

Avenue des Arts 1-2
1210 Saint-Josse-ten-Noode · BruxellesSee on map

Contributed capital

62 000,00 €

Latest accounts

31/10/2025

Activities (NACE)

70100Activities of head offices· main 70100Activities of head offices 73200Market research and public opinion polling 73200Market research and public opinion polling 74131Specialised design activities 74152Specialised design activities+4

Joint committees (2)

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	69,8 k €	-53.6%	150,4 k €	-19.4%	186,6 k €	+0.1%	186,3 k €	+18.0%	157,9 k €	+77.4%	89 k €	-54.0%	193,5 k €	-11.3%	218 k €	+15.3%	189 k €	+2.3%	184,8 k €	+35.6%	136,3 k €	+15.9%	117,6 k €	-39.5%	194,5 k €	-42.0%	335,5 k €	-0.6%	337,4 k €	+59.1%	212,1 k €	-64.8%	601,7 k €	-13.5%	695,2 k €
EBITDA	-71,9 k €	-1786%	4,3 k €	-91.1%	48,1 k €	-24.1%	63,4 k €	+43.0%	44,3 k €	+571%	-9,4 k €	-114%	66,7 k €	-35.9%	104,1 k €	+33.9%	77,8 k €	-0.5%	78,1 k €	+4965%	1,5 k €	+105%	-28,6 k €	-150%	56,8 k €	-70.5%	192,5 k €	-4.3%	201,1 k €	+95.3%	103 k €	-74.5%	403,1 k €	-12.8%	462,5 k €
Operating result	-77,2 k €	-4610%	-1,6 k €	-104%	42,8 k €	-28.4%	59,7 k €	+46.9%	40,7 k €	+347%	-16,5 k €	-133%	50 k €	-48.8%	97,7 k €	+39.1%	70,2 k €	+11.2%	63,1 k €	+412%	-20,2 k €	+60.1%	-50,7 k €	-231%	38,7 k €	-76.6%	165,1 k €	-6.0%	175,6 k €	+111%	83 k €	-78.3%	383,4 k €	-12.1%	436,2 k €
Net result	-77,4 k €	-1736%	-4,2 k €	-114%	30,3 k €	-25.7%	40,8 k €	+9.3%	37,4 k €	+325%	-16,6 k €	-137%	44,3 k €	-29.5%	62,9 k €	+35.4%	46,4 k €	-24.0%	61 k €	+415%	-19,4 k €	+59.9%	-48,3 k €	-259%	30,3 k €	-73.3%	113,7 k €	-5.6%	120,5 k €	+96.5%	61,3 k €	-75.8%	253,2 k €	-12.1%	288 k €
Balance sheet
Equity	79,3 k €	-49.4%	156,7 k €	-2.6%	160,9 k €	-1.8%	163,9 k €	+33.2%	123,1 k €	+43.6%	85,7 k €	-30.9%	124,1 k €	+7.2%	115,7 k €	-25.5%	155,4 k €	+16.0%	134 k €	-22.5%	172,9 k €	-12.4%	197,3 k €	-35.4%	305,6 k €	-18.6%	375,3 k €	+6.7%	351,6 k €	+0.1%	351,1 k €	-3.7%	364,8 k €	+13.4%	321,6 k €
Total assets	130,5 k €	-43.1%	229,3 k €	-9.9%	254,5 k €	+18.1%	215,6 k €	+13.1%	190,7 k €	+42.7%	133,6 k €	-48.1%	257,6 k €	-3.4%	266,8 k €	+7.9%	247,4 k €	-17.4%	299,6 k €	+9.3%	274 k €	-13.8%	317,8 k €	-26.0%	429,3 k €	-13.7%	497,2 k €	-11.9%	564,4 k €	+24.1%	454,7 k €	-29.8%	647,5 k €	+6.2%	609,5 k €
Cash	76,2 k €	-38.1%	123,1 k €	-25.2%	164,6 k €	+20.4%	136,7 k €	+37.4%	99,5 k €	+83.4%	54,2 k €	-32.2%	80 k €	-48.0%	153,8 k €	+3.8%	148,2 k €	-18.0%	180,7 k €	+111%	85,8 k €	-51.2%	175,9 k €	-33.8%	265,5 k €	-2.4%	272,1 k €	+9.1%	249,5 k €	+5.2%	237,1 k €	+8.1%	219,2 k €	-4.4%	229,3 k €
Debts	23,4 k €	-41.6%	40 k €	-47.6%	76,2 k €	+137%	32,2 k €	-18.6%	39,6 k €	+50.7%	26,3 k €	-57.9%	62,5 k €	-48.3%	120,9 k €	+102%	59,8 k €	-50.7%	121,4 k €	+178%	43,6 k €	-54.5%	95,9 k €	+4.5%	91,8 k €	+34.8%	68,1 k €	-43.9%	121,3 k €	+51.1%	80,3 k €	-47.1%	151,7 k €	-40.6%	255,3 k €
Other
Workforce	–		–		–		–		–		–		–		–		1,6 ETP	0.0%	1,6 ETP	-27.3%	2,2 ETP	0.0%	2,2 ETP	0.0%	2,2 ETP	-4.3%	2,3 ETP	+4.5%	2,2 ETP	0.0%	2,2 ETP	-24.1%	2,9 ETP	-14.7%	3,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/10/2025 · 1 active · 17 ended

Active mandates

Guy Vereecke

Director · since 26 octobre 2022

Active

Ended mandates

Vereecke GUY

Director · since 21 février 2022

Ended

Hanneke Vereecke

Director · since 17 février 2020 · until 17 février 2026

Ended

Vereecke HANNEKE

Director · since 17 février 2020 · until 26 octobre 2022

Ended

Vereecke HANNEKE

Director · since 17 février 2020 · until 16 février 2026

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/11/2024	01/11/2023	01/11/2022	01/11/2021	01/11/2020	01/11/2019
Closing of the financial year	31/10/2025	31/10/2024	31/10/2023	31/10/2022	31/10/2021	31/10/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	05/03/2026	04/03/2025	27/02/2024	31/03/2023	05/04/2022	15/03/2021
General meeting	16/02/2026	17/02/2025	19/02/2024	20/02/2023	21/02/2022	15/02/2021
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
Micro model	31/10/2025	16/02/2026	05/03/2026	Dutch	PDF
Micro model	31/10/2024	17/02/2025	04/03/2025	Dutch	PDF
Micro model	31/10/2023	19/02/2024	27/02/2024	Dutch	PDF
Micro model	31/10/2022	20/02/2023	31/03/2023	Dutch	PDF
Micro model	31/10/2021	21/02/2022	05/04/2022	Dutch	PDF
Micro model	31/10/2020	15/02/2021	15/03/2021	Dutch	PDF
Micro model	31/10/2019	17/02/2020	20/02/2020	Dutch	PDF
Micro model	31/10/2018	18/02/2019	19/02/2019	Dutch	PDF
Micro model	31/10/2017	19/02/2018	21/02/2018	Dutch	PDF
Abridged model	31/10/2016	20/02/2017	08/03/2017	Dutch	PDF
Abridged model	31/10/2015	15/02/2016	17/02/2016	Dutch	PDF
Abridged model	31/10/2014	16/02/2015	23/02/2015	Dutch	PDF
Abridged model	31/10/2013	17/02/2014	24/03/2014	Dutch	PDF
Abridged model	31/10/2012	18/02/2013	26/02/2013	Dutch	PDF
Abridged model	31/10/2011	20/02/2012	28/02/2012	Dutch	PDF
Abridged model	31/10/2010	21/02/2011	03/03/2011	Dutch	PDF
Abridged model	31/10/2009	15/02/2010	17/02/2010	Dutch	PDF
Abridged model	31/10/2008	16/02/2009	31/03/2009	Dutch	PDF
Abridged model	31/10/2007	18/02/2008	07/05/2008	Dutch	PDF
Abridged model	31/10/2006	18/02/2007	06/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/10/2025 · 1 active · 17 ended

Active mandates

Guy Vereecke

Director · since 26 octobre 2022

Active

Ended mandates

Vereecke GUY

Director · since 21 février 2022

Ended

Hanneke Vereecke

Director · since 17 février 2020 · until 17 février 2026

Ended

Vereecke HANNEKE

Director · since 17 février 2020 · until 26 octobre 2022

Ended

Vereecke HANNEKE

Director · since 17 février 2020 · until 16 février 2026

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/11/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/03/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/05/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/02/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/04/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/03/2010
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 2025-77,4 k €↓
2024
Annual accounts 2024-4,2 k €↓
2023
Annual accounts 202330,3 k €↓
2022
Annual accounts 202240,8 k €↑
2021
Annual accounts 202137,4 k €↑
2020
Annual accounts 2020-16,6 k €↓
2018
Annual accounts 201844,3 k €↓
2017
Annual accounts 201762,9 k €↑
2016
Annual accounts 201646,4 k €↓
2015
Annual accounts 201561 k €↑
2014
Annual accounts 2014-19,4 k €↑
2013
Annual accounts 2013-48,3 k €↓
2012
Annual accounts 201230,3 k €↓
2011
Annual accounts 2011113,7 k €↓
2010
Annual accounts 2010120,5 k €↑
2009
Annual accounts 200961,3 k €↓
2008
Annual accounts 2008253,2 k €↓
2007
Annual accounts 2007288 k €
02/02/1990
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

AHEAD

Overview

What does AHEAD do?

Trend over 18 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