ACTIVE

FICOS

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Financial year 2025 · closed on 31/12/2025

Net result

92,3 k €

+455.3% YoY

Revenue

475,7 k €

-5.6% YoY

Equity

401,6 k €

+29.8% YoY

Workforce

2,0 ETP

0.0% YoY

What does FICOS do?

FICOS is a Public limited company incorporated in 1990. Its main activity is: Management consultancy activities. Its registered office is in Sankt Vith. It employs on average 2,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0442.663.557

Incorporation

31/12/1990

Legal form

Public limited company

Registered office

Bahnhofstrasse 27
4780 Sankt Vith · WallonieSee on map

Contributed capital

75 000,00 €

Latest accounts

31/12/2025

Average workforce

2,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 62090Other information technology and computer service activities 62900Computer programming, consultancy and related activities 69202Accounting, bookkeeping and auditing activities; tax consultancy+6

Joint committees (3)

Contacts

2 public details availableLog in to view

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	475,7 k €	-5.6%	504,1 k €	-14.4%	589 k €	-33.2%	881,2 k €	-24.5%	1,2 M €	+62.2%	719,5 k €	-26.5%	979,4 k €	-1.8%	997,2 k €	+20.4%	828 k €	-6.6%	886,4 k €	+18.8%	746,1 k €	-2.6%	765,7 k €	+17.0%	654,5 k €	-4.4%	684,4 k €		–		704,8 k €	+13.6%	620,3 k €	-1.5%	629,7 k €	+1.5%	620,4 k €	+13.1%	548,4 k €
EBITDA	174,6 k €	+134%	74,7 k €	+274%	-42,8 k €	-131%	137,1 k €	-77.5%	610,1 k €	+344%	137,5 k €	-48.1%	265,1 k €	-1.7%	269,6 k €	-8.8%	295,6 k €	+11.5%	265,2 k €	+2.9%	257,7 k €	+6.4%	242,2 k €	-24.1%	319,1 k €	+2.7%	310,8 k €	+6.6%	291,6 k €	+14.5%	254,8 k €	+27.4%	200 k €	+12.1%	178,5 k €	+22.8%	145,3 k €	+58.1%	91,9 k €
Operating result	166,1 k €	+152%	66 k €	+219%	-55,5 k €	-151%	108,8 k €	-38.1%	175,8 k €	+275%	-100,5 k €	-311%	47,6 k €	-30.0%	68 k €	-32.4%	100,6 k €	+24.8%	80,7 k €	-6.5%	86,3 k €	+20.5%	71,6 k €	-42.9%	125,3 k €	+10.7%	113,2 k €	+25.1%	90,5 k €	+33.7%	67,7 k €	+30.7%	51,8 k €	-29.6%	73,6 k €	+28.1%	57,4 k €	+64.5%	34,9 k €
Net result	92,3 k €	+455%	16,6 k €	+118%	-89,9 k €	-396%	30,4 k €	-61.1%	78 k €	+150%	-156,3 k €	-961%	-14,7 k €	-256%	9,4 k €	+6.9%	8,8 k €	-60.7%	22,5 k €	+195%	7,6 k €	-66.1%	22,5 k €	-60.7%	57,3 k €	+124%	25,6 k €	+37.8%	18,6 k €	+53.5%	12,1 k €	+18.2%	10,2 k €	-48.1%	19,7 k €	-27.7%	27,3 k €	+435%	5,1 k €
Balance sheet
Equity	401,6 k €	+29.8%	309,3 k €	+5.7%	292,7 k €	-23.5%	382,6 k €	+8.6%	352,2 k €	+28.4%	274,2 k €	-36.3%	430,6 k €	-3.3%	445,3 k €	+2.2%	435,9 k €	+2.1%	427 k €	+5.6%	404,5 k €	+1.9%	396,9 k €	+6.0%	374,4 k €	+18.1%	317,1 k €	+8.8%	291,5 k €	+6.8%	273 k €	+4.6%	260,9 k €	+4.1%	250,7 k €	+8.5%	230,9 k €	+13.4%	203,7 k €
Total assets	2,6 M €	+1.1%	2,6 M €	+15.4%	2,3 M €	-4.5%	2,4 M €	-2.7%	2,4 M €	-1.7%	2,5 M €	-16.9%	3 M €	-1.3%	3 M €	+17.7%	2,6 M €	+4.0%	2,5 M €	+5.3%	2,4 M €	+2.0%	2,3 M €	+17.6%	2 M €	+2.4%	1,9 M €	-0.5%	1,9 M €	+3.1%	1,9 M €	+25.0%	1,5 M €	+4.3%	1,4 M €	-5.3%	1,5 M €	-5.8%	1,6 M €
Cash	3,4 k €	-53.1%	7,2 k €	-81.2%	38,3 k €	-33.5%	57,7 k €	+209%	18,7 k €	+81.5%	10,3 k €	-84.1%	64,5 k €	+395%	13 k €	+89.8%	6,9 k €	+37.8%	5 k €	+171%	1,8 k €	-39.4%	3 k €	-90.3%	31,1 k €	+356%	6,8 k €	-14.4%	8 k €	-16.9%	9,6 k €	-52.7%	20,3 k €	+1756%	1,1 k €	-73.7%	4,2 k €	-89.0%	38 k €
Debts	2,2 M €	-2.8%	2,3 M €	+16.8%	2 M €	-0.8%	2 M €	-4.6%	2,1 M €	-5.5%	2,2 M €	-13.7%	2,6 M €	-0.9%	2,6 M €	+20.9%	2,1 M €	+4.5%	2 M €	+10.0%	1,9 M €	+0.3%	1,9 M €	+19.8%	1,6 M €	-2.0%	1,6 M €	-1.8%	1,6 M €	+3.5%	1,6 M €	+31.9%	1,2 M €	+4.5%	1,1 M €	-8.7%	1,2 M €	-9.4%	1,4 M €
Other
Workforce	2,0 ETP	0.0%	2,0 ETP	+25.0%	1,6 ETP	-60.0%	4,0 ETP	+2.6%	3,9 ETP	-13.3%	4,5 ETP	-13.5%	5,2 ETP	+26.8%	4,1 ETP	+20.6%	3,4 ETP	+13.3%	3,0 ETP	0.0%	3,0 ETP	+11.1%	2,7 ETP	+108%	1,3 ETP	+30.0%	1,0 ETP	-9.1%	1,1 ETP	0.0%	1,1 ETP	-59.3%	2,7 ETP	+80.0%	1,5 ETP	-37.5%	2,4 ETP	-11.1%	2,7 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 31/12/2025 · 5 active · 19 ended

Active mandates

ERIC SCHEUREN

Director · since 23 décembre 2022 · until 21 juin 2028

Active

ISABELLA LINDEN

Director · since 23 décembre 2022 · until 21 juin 2028

Active

MICHAEL HUPPERTZ

Director · since 23 décembre 2022 · until 21 juin 2028

Active

QUATRICO

Director · since 23 décembre 2022 · until 21 juin 2028 · 0795.084.551

Represented by STEPHANIE LINDEN

Active

UDO LINDEN

Director · since 23 décembre 2022 · until 21 juin 2028

Active

Ended mandates

ERIC SCHEUREN

Managing director · since 23 décembre 2022 · until 21 juin 2028

Ended

ISABELLA LINDEN

Managing director · since 23 décembre 2022 · until 21 juin 2028

Ended

MICHAEL HUPPERTZ

Managing director · since 23 décembre 2022 · until 21 juin 2028

Ended

QUATRICO

Director · since 23 décembre 2022 · until 21 juin 2028 · 0795.084.551

Represented by STEPHANIE LINDEN

Ended

At this address

Other companies at this address

Company	CBE no.
H.P. Linden● Active	0425.146.545

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	19/06/2026	16/07/2025	26/06/2024	26/06/2023	16/08/2022	24/06/2021
General meeting	17/06/2026	18/06/2025	19/06/2024	21/06/2023	15/06/2022	16/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	17/06/2026	19/06/2026	German	PDF
Abridged model	31/12/2024	18/06/2025	16/07/2025	German	PDF
Abridged model	31/12/2023	19/06/2024	26/06/2024	German	PDF
Abridged model	31/12/2022	21/06/2023	26/06/2023	German	PDF
Abridged model	31/12/2021	15/06/2022	16/08/2022	German	PDF
Abridged model	31/12/2020	16/06/2021	24/06/2021	German	PDF
Abridged model	31/12/2019	17/06/2020	28/07/2020	German	PDF
Abridged model	31/12/2018	19/06/2019	21/06/2019	German	PDF
Abridged model	31/12/2017	20/06/2018	27/06/2018	German	PDF
Abridged model	31/12/2016	21/06/2017	20/07/2017	German	PDF
Abridged model	31/12/2015	15/06/2016	29/06/2016	German	PDF
Abridged model	31/12/2014	17/06/2015	23/06/2015	German	PDF
Abridged model	31/12/2013	18/06/2014	18/08/2014	German	PDF
Abridged model	31/12/2012	19/06/2013	08/08/2013	German	PDF
Abridged model	31/12/2011	20/06/2012	03/07/2012	German	PDF
Abridged model	31/12/2010	15/06/2011	26/08/2011	German	PDF
Abridged model	31/12/2009	16/06/2010	12/08/2010	German	PDF
Abridged model	31/12/2008	17/06/2009	25/08/2009	German	PDF
Abridged model	31/12/2007	18/06/2008	16/09/2008	German	PDF
Abridged model	31/12/2006	20/06/2007	24/07/2007	German	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 31/12/2025 · 5 active · 19 ended

Active mandates

ERIC SCHEUREN

Director · since 23 décembre 2022 · until 21 juin 2028

Active

ISABELLA LINDEN

Director · since 23 décembre 2022 · until 21 juin 2028

Active

MICHAEL HUPPERTZ

Director · since 23 décembre 2022 · until 21 juin 2028

Active

QUATRICO

Director · since 23 décembre 2022 · until 21 juin 2028 · 0795.084.551

Represented by STEPHANIE LINDEN

Active

UDO LINDEN

Director · since 23 décembre 2022 · until 21 juin 2028

Active

Ended mandates

ERIC SCHEUREN

Managing director · since 23 décembre 2022 · until 21 juin 2028

Ended

ISABELLA LINDEN

Managing director · since 23 décembre 2022 · until 21 juin 2028

Ended

MICHAEL HUPPERTZ

Managing director · since 23 décembre 2022 · until 21 juin 2028

Ended

QUATRICO

Director · since 23 décembre 2022 · until 21 juin 2028 · 0795.084.551

Represented by STEPHANIE LINDEN

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/03/2023
ENTLASSUNG - ERNENNUNG
PDF
Mandates20/07/2022
SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, ) - VERSCHIEDENES - KAPITAL - AKTIEN - ENTLASSUNG - ERNENNUNG
PDF
Mandates07/06/2019
ENTLASSUNG - ERNENNUNG
PDF
Mandates07/12/2012
ENTLASSUNG - ERNENNUNG
PDF
Mandates12/10/2005
KAPITAL - AKTIEN - ENTLASSUNG - ERNENNUNG - GENERALVERSAMMLUNG - SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, )
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 202592,3 k €↑
2024
Annual accounts 202416,6 k €↑
2023
Annual accounts 2023-89,9 k €↓
2022
Annual accounts 202230,4 k €↓
2021
Annual accounts 202178 k €↑
2021
Name changeFICOS AG
2020
Annual accounts 2020-156,3 k €↓
2019
Annual accounts 2019-14,7 k €↓
2018
Annual accounts 20189,4 k €↑
2017
Annual accounts 20178,8 k €↓
2016
Annual accounts 201622,5 k €↑
2015
Annual accounts 20157,6 k €↓
2014
Annual accounts 201422,5 k €↓
2013
Annual accounts 201357,3 k €↑
2012
Annual accounts 201225,6 k €↑
2011
Annual accounts 201118,6 k €↑
2010
Annual accounts 201012,1 k €↑
2009
Annual accounts 200910,2 k €↓
2008
Annual accounts 200819,7 k €↓
2007
Annual accounts 200727,3 k €↑
2006
Annual accounts 20065,1 k €
2006
Name changeFicos
31/12/1990
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

FICOS

Overview

What does FICOS do?

Trend over 20 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