HEC Liège Advisory
0443.167.858 · rovalta.com · 25/09/2026
ACTIVE
HEC Liège Advisory
Financial year 2019 · Closed on 31/12/2019
Net result610,3 €+470,8 %over 1 year
Gross margin1,7 k €+31,1 %over 1 year
Equity8,4 k €+7,8 %over 1 year
Overview
Identity
Source · BCE/KBOHEC Liège Advisory is a Non-profit organization incorporated in 1991. Its main activity is: Market research and public opinion polling. Its registered office is in Liège.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0443.167.858
- Incorporation
- 31/01/1991
- Legal form
- Non-profit organization
- Registered office
- Rue Louvrex 14
4000 Liège · WallonieSee on map - Latest accounts
- 31/12/2019
Activities (NACE)
Joint committees (1)
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Financials
Source · NBB, 14 filingsTrend over 14 financial years
| 2019 | 2018 | 2017 | 2016 | 2015 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 1,7 k € | +31.1% | 1,3 k € | +148% | -2,7 k € | +50.7% | -5,4 k € | -257% | -1,5 k € |
| EBITDA | 899,2 € | +93.0% | 465,9 € | +114% | -3,4 k € | +46.4% | -6,4 k € | -106% | -3,1 k € |
| Operating result | 899,2 € | +721% | -144,8 € | +96.4% | -4,1 k € | +42.3% | -7 k € | -68.3% | -4,2 k € |
| Net result | 610,3 € | +471% | -164,6 € | +95.9% | -4,1 k € | +34.6% | -6,2 k € | -50.7% | -4,1 k € |
| Balance sheet | |||||||||
| Equity | 8,4 k € | +7.8% | 7,8 k € | -2.1% | 8 k € | -33.7% | 12 k € | -34.0% | 18,2 k € |
| Total assets | 8,9 k € | +1.8% | 8,7 k € | -8.0% | 9,5 k € | -38.5% | 15,4 k € | -26.6% | 21 k € |
| Cash | 8 k € | +299% | 2 k € | -73.6% | 7,7 k € | -31.7% | 11,2 k € | -0.4% | 11,3 k € |
| Debts | 455,2 € | -49.8% | 906 € | -39.6% | 1,5 k € | -55.4% | 3,4 k € | +22.9% | 2,7 k € |
| Other | |||||||||
| Workforce | – | – | – | – | 0,0 ETP | ||||
Valuation
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/201915 active · 124 ended
Active mandates
Alix Leclerq
ActiveJihane Jarek
ActiveThomas Simon
ActiveAysu BAYRAK
ActiveFlorian GRAISSE
ActiveHélène BEUKEN
ActiveIsabelle DO
ActiveJulien GERREKENS
ActiveLaurent DOHOGNE
ActiveMaxime THEATE
ActiveMelissa LEDUC
ActiveOriane Georgiadis
ActivePierre WARNY
ActivePauline BEAUME
ActiveThomas WEIGERT
ActiveEnded mandates
Florian GRAISSE
EndedHélène BEUKEN
EndedIsabelle DO
EndedJulien GERREKENS
EndedOther companies at this address
Rue Louvrex 14 4000 Liège| Company | CBE no. |
|---|---|
| 0876.457.059 | |
| 0431.787.778 | |
CAMPUS RECRUITMENT HEC LIEGE● Active | 0451.347.532 |
| 0478.267.210 | |
| 0671.997.588 | |
| 0448.105.554 | |
HEC Connect● Active | 0414.654.511 |
HEC CONSULTING● Active | 0475.271.294 |
| 0870.785.925 | |
HEC Liège Business Game● Active | 0791.867.220 |
USTART LIEGE● Active | 0867.699.939 |
Financials
Full financial information
Source · NBB| 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2019 | 01/01/2018 | 01/01/2017 | 01/01/2016 | 01/01/2015 | 01/01/2014 |
| Closing of the financial year | 31/12/2019 | 31/12/2018 | 31/12/2017 | 31/12/2016 | 31/12/2015 | 31/12/2014 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 31/08/2020 | 21/05/2019 | 17/04/2018 | 28/08/2017 | 25/08/2016 | 30/06/2015 |
| General meeting | 13/03/2020 | 15/03/2019 | 17/03/2018 | 17/03/2017 | 19/03/2016 | 21/03/2015 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 14 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2019 | 13/03/2020 | 31/08/2020 | French | |
| Micro model | 31/12/2018 | 15/03/2019 | 21/05/2019 | French | |
| Micro model | 31/12/2017 | 17/03/2018 | 17/04/2018 | French | |
| Micro model | 31/12/2016 | 17/03/2017 | 28/08/2017 | French | |
| Abridged model | 31/12/2015 | 19/03/2016 | 25/08/2016 | French | |
| Abridged model | 31/12/2014 | 21/03/2015 | 30/06/2015 | French | |
| Abridged model | 31/12/2013 | 15/03/2014 | 08/07/2014 | French | |
| Abridged model | 31/12/2012 | 22/03/2013 | 03/05/2013 | French | |
| Abridged model | 31/12/2011 | 16/03/2012 | 03/07/2012 | French | |
| Abridged model | 31/12/2010 | 19/03/2011 | 29/08/2011 | French | |
| Abridged model | 31/12/2009 | 19/03/2010 | 31/08/2010 | French | |
| Abridged model | 31/12/2008 | 21/03/2009 | 31/08/2009 | French | |
| Abridged model | 31/12/2007 | 21/03/2008 | 28/08/2008 | French | |
| Abridged model | 31/12/2006 | 20/03/2007 | 30/08/2007 | French |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/201915 active · 124 ended
Active mandates
Alix Leclerq
ActiveJihane Jarek
ActiveThomas Simon
ActiveAysu BAYRAK
ActiveFlorian GRAISSE
ActiveHélène BEUKEN
ActiveIsabelle DO
ActiveJulien GERREKENS
ActiveLaurent DOHOGNE
ActiveMaxime THEATE
ActiveMelissa LEDUC
ActiveOriane Georgiadis
ActivePierre WARNY
ActivePauline BEAUME
ActiveThomas WEIGERT
ActiveEnded mandates
Florian GRAISSE
EndedHélène BEUKEN
EndedIsabelle DO
EndedJulien GERREKENS
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates06/05/2026DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates22/04/2025DEMISSIONS, NOMINATIONS
- Mandates11/07/2024DEMISSIONS, NOMINATIONS
- Mandates13/04/2023DEMISSIONS, NOMINATIONS
- Mandates20/06/2022DEMISSIONS, NOMINATIONS
- Mandates18/06/2021DEMISSIONS, NOMINATIONS
- Mandates07/01/2021DENOMINATION - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
- Mandates23/11/2020DEMISSIONS, NOMINATIONS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2019Annual accounts 2019610,3 €↑
- 2018Annual accounts 2018-164,6 €↑
- 2017Annual accounts 2017-4,1 k €↑
- 2016Annual accounts 2016-6,2 k €↓
- 2015Annual accounts 2015-4,1 k €↓
- 2014Annual accounts 20141,5 k €↑
- 2013Annual accounts 2013106 €↑
- 2012Annual accounts 2012-804 €↑
- 2011Annual accounts 2011-1,1 k €↓
- 2010Annual accounts 20101,5 k €↑
- 2009Annual accounts 2009-2,6 k €↓
- 2008Annual accounts 2008-527,2 €↓
- 2007Annual accounts 20072,5 k €↑
- 2006Annual accounts 2006-14,8 k €
- 31/01/1991IncorporationNon-profit organization