ACTIVE

BELGIAN MARKETING AND CONSULTING GROUP

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Financial year 2025 · closed on 31/12/2025

Net result

330,7 k €

+27.0% YoY

Gross margin

627,3 k €

+0.8% YoY

Equity

1,8 M €

+22.4% YoY

What does BELGIAN MARKETING AND CONSULTING GROUP do?

BELGIAN MARKETING AND CONSULTING GROUP is a Public limited company incorporated in 1990. Its main activity is: Management consultancy activities. Its registered office is in Schelle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.880.350

Incorporation

12/02/1990

Legal form

Public limited company

Registered office

Brandekensweg 9
2627 Schelle · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	627,3 k €	+0.8%	622 k €	-11.1%	699,6 k €	+42.6%	490,5 k €	+91.4%	256,2 k €	-79.0%	1,2 M €	+282%	318,9 k €	-43.7%	566,5 k €	+3433%	16 k €	+319%	-7,3 k €	-123%	31,7 k €	-72.6%	115,3 k €	+53.2%	75,3 k €	+113%	35,4 k €	+92.1%	18,4 k €	-74.2%	71,4 k €	-1.8%	72,7 k €	-59.0%	177,4 k €	+48.4%	119,5 k €
EBITDA	561,9 k €	+8.0%	520,3 k €	-5.1%	548,2 k €	+56.6%	350,2 k €	+93.1%	181,3 k €	-84.0%	1,1 M €	+270%	306,5 k €	+59.4%	192,3 k €	+1184%	15 k €	+265%	-9,1 k €	-130%	30,3 k €	-73.3%	113,3 k €	+54.2%	73,5 k €	+199%	24,6 k €	+382%	-8,7 k €	-318%	-2,1 k €	-106%	33,9 k €	-56.5%	78 k €	+2128%	-3,8 k €
Operating result	450,6 k €	+19.4%	377,3 k €	-5.3%	398,4 k €	+104%	195,5 k €	+340%	44,4 k €	-95.4%	966,7 k €	+1686%	54,1 k €	+100%	27,1 k €	+89.6%	14,3 k €	+236%	-10,5 k €	-137%	28,8 k €	-74.1%	111,3 k €	+161%	42,6 k €	+81.3%	23,5 k €	+314%	-11 k €	-78.9%	-6,2 k €	-137%	16,6 k €	-65.1%	47,6 k €	+66.7%	28,6 k €
Net result	330,7 k €	+27.0%	260,5 k €	-1.9%	265,5 k €	+141%	110 k €	+18600%	588,1 €	-99.9%	620,2 k €	+4427%	13,7 k €	+179%	-17,2 k €	-1457%	-1,1 k €	+96.1%	-28,4 k €	-2538%	1,2 k €	-98.3%	68,1 k €	+231%	20,6 k €	+176%	7,5 k €	+129%	-26,1 k €	-17.6%	-22,2 k €	-638%	4,1 k €	-35.5%	6,4 k €	+32.5%	4,8 k €
Balance sheet
Equity	1,8 M €	+22.4%	1,5 M €	+21.4%	1,2 M €	+27.9%	951,2 k €	+13.1%	841,3 k €	+0.1%	840,7 k €	+281%	220,5 k €	+6.6%	206,8 k €	-7.7%	224 k €	-0.5%	225,1 k €	-11.2%	253,6 k €	+0.5%	252,4 k €	+36.9%	184,3 k €	+12.6%	163,8 k €	+4.8%	156,3 k €	-14.3%	182,4 k €	-10.9%	204,6 k €	+2.1%	200,5 k €	+3.3%	194,1 k €
Total assets	5,1 M €	+1.9%	5 M €	+27.5%	4 M €	-4.3%	4,1 M €	+1.7%	4,1 M €	+11.4%	3,6 M €	+39.0%	2,6 M €	+8.4%	2,4 M €	+136%	1 M €	+8.8%	943,1 k €	-0.7%	949,4 k €	-29.8%	1,4 M €	-13.7%	1,6 M €	+35.3%	1,2 M €	+2.2%	1,1 M €	+10.9%	1 M €	+3.2%	990,5 k €	-5.9%	1,1 M €	+19.0%	884,2 k €
Cash	313,7 k €	-50.6%	635,1 k €	+1.0%	629,1 k €	+33.4%	471,7 k €	+113%	221,9 k €	-71.6%	780,8 k €	+492%	131,8 k €	+11.1%	118,6 k €	-5.8%	125,9 k €	+770%	14,5 k €	-62.5%	38,6 k €	-52.8%	81,8 k €	+138%	34,3 k €	+2.0%	33,7 k €	+23.7%	27,2 k €	-52.5%	57,3 k €	+646%	7,7 k €	-60.2%	19,3 k €		–
Debts	3,2 M €	-6.9%	3,4 M €	+29.9%	2,6 M €	-7.2%	2,8 M €	-8.6%	3,1 M €	+10.9%	2,8 M €	+18.3%	2,4 M €	+8.7%	2,2 M €	+172%	802,3 k €	+11.7%	718 k €	+3.2%	695,9 k €	-36.7%	1,1 M €	-17.9%	1,3 M €	+38.5%	967,6 k €	+0.4%	963,6 k €	+14.7%	839,8 k €	+6.9%	785,8 k €	-7.7%	851,7 k €	+23.4%	690,1 k €
Other
Workforce	–		1,4 ETP	-30.0%	2,0 ETP	+5.3%	1,9 ETP	+58.3%	1,2 ETP		–		–		–		–		–		–		–		–		–		0,2 ETP	-83.3%	1,2 ETP	+20.0%	1,0 ETP	-37.5%	1,6 ETP	-40.7%	2,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 11 ended

Active mandates

Hilde MESURE

Director

Active

Johan CASSELMAN

Director

Active

Matthijs CASSELMAN

Director

Active

Sarah CASSELMAN

Director

Active

Ended mandates

Hilde MESURE

Director · since 10 septembre 2020

Ended

Matthijs CASSELMAN

Director · since 10 septembre 2020

Ended

Sarah CASSELMAN

Director · since 10 septembre 2020

Ended

Johan CASSELMAN

Managing director · since 29 mars 2010 · until 29 mars 2016

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	01/10/2019
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	15 months
Filing date	30/07/2026	31/07/2025	31/07/2024	27/07/2023	31/07/2022	31/08/2021
General meeting	30/06/2026	30/06/2025	25/05/2024	30/06/2023	28/05/2022	30/06/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	30/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	31/07/2025	Dutch	PDF
Abridged model	31/12/2023	25/05/2024	31/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	28/05/2022	31/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	31/08/2021	Dutch	PDF
Abridged model	30/09/2019	30/03/2020	11/02/2021	Dutch	PDF
Abridged model	30/09/2018	30/03/2019	31/05/2019	Dutch	PDF
Abridged model	30/09/2017	30/03/2018	31/05/2018	Dutch	PDF
Abridged model	30/09/2016	30/06/2017	31/08/2017	Dutch	PDF
Abridged model	30/09/2015	31/03/2016	30/09/2016	Dutch	PDF
Abridged model	30/09/2014	30/04/2015	31/07/2015	Dutch	PDF
Abridged model	30/09/2013	26/04/2014	20/05/2014	Dutch	PDF
Abridged model	30/09/2012	14/03/2013	08/05/2013	Dutch	PDF
Abridged model	30/09/2011	13/03/2012	04/06/2012	Dutch	PDF
Abridged model	30/09/2010	13/05/2011	16/05/2011	Dutch	PDF
Abridged model	30/09/2009	29/03/2010	17/05/2010	Dutch	PDF
Abridged model	30/09/2008	31/03/2009	07/07/2009	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 11 ended

Active mandates

Hilde MESURE

Director

Active

Johan CASSELMAN

Director

Active

Matthijs CASSELMAN

Director

Active

Sarah CASSELMAN

Director

Active

Ended mandates

Hilde MESURE

Director · since 10 septembre 2020

Ended

Matthijs CASSELMAN

Director · since 10 septembre 2020

Ended

Sarah CASSELMAN

Director · since 10 septembre 2020

Ended

Johan CASSELMAN

Managing director · since 29 mars 2010 · until 29 mars 2016

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/09/2020
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates04/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/02/2011
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares09/01/2008
KAPITAAL - AANDELEN
PDF
Mandates09/03/2004
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
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 2025330,7 k €↑
2024
Annual accounts 2024260,5 k €↓
2023
Annual accounts 2023265,5 k €↑
2022
Annual accounts 2022110 k €↑
2021
Annual accounts 2021588,1 €↓
2020
Annual accounts 2020620,2 k €↑
2019
Annual accounts 201913,7 k €↑
2018
Annual accounts 2018-17,2 k €↓
2017
Annual accounts 2017-1,1 k €↑
2016
Annual accounts 2016-28,4 k €↓
2015
Annual accounts 20151,2 k €↓
2014
Annual accounts 201468,1 k €↑
2013
Annual accounts 201320,6 k €↑
2012
Annual accounts 20127,5 k €↑
2011
Annual accounts 2011-26,1 k €↓
2010
Annual accounts 2010-22,2 k €↓
2009
Annual accounts 20094,1 k €↓
2008
Annual accounts 20086,4 k €↑
2006
Annual accounts 20064,8 k €
12/02/1990
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

BELGIAN MARKETING AND CONSULTING GROUP

Overview

What does BELGIAN MARKETING AND CONSULTING GROUP 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