ACTIVE

BURTINVEST

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Financial year 2025 · closed on 31/12/2025

Net result

-3,5 k €

-109.3% YoY

Gross margin

150,1 k €

-24.5% YoY

Equity

2 M €

-0.2% YoY

What does BURTINVEST do?

BURTINVEST is a Public limited company incorporated in 1992. Its main activity is: Management consultancy activities. Its registered office is in Namur.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.467.037

Incorporation

08/05/1992

Legal form

Public limited company

Registered office

Allée de Néris(WP) 2
5100 Namur · WallonieSee on map

Contributed capital

491 050,93 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ 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
Gross margin	150,1 k €	-24.5%	198,8 k €	+5.0%	189,4 k €	-9.3%	208,9 k €	+53.1%	136,4 k €	+61.9%	84,3 k €	-0.5%	84,7 k €	-30.9%	122,6 k €	+0.6%	121,8 k €	+3.6%	117,6 k €	-6.5%	125,8 k €	-0.6%	126,5 k €	-5.0%	133,1 k €	+1.9%	130,6 k €	+3.2%	126,5 k €	+119%	57,7 k €	+183%	20,4 k €	+291%	5,2 k €	-2.4%	5,3 k €
EBITDA	149,9 k €	-24.4%	198,3 k €	+4.7%	189,3 k €	-9.4%	208,9 k €	+53.1%	136,4 k €	+62.4%	84 k €	-0.9%	84,7 k €	-30.9%	122,6 k €	+0.6%	121,8 k €	+3.6%	117,6 k €	-6.5%	125,8 k €	-0.6%	126,5 k €	-2.0%	129,1 k €	+2.0%	126,6 k €	+3.3%	122,5 k €	+112%	57,7 k €	+183%	20,4 k €	+291%	5,2 k €	-2.4%	5,3 k €
Operating result	10 k €	-83.7%	61,4 k €	-21.0%	77,7 k €	-56.5%	178,8 k €	+36.9%	130,6 k €	+70.7%	76,5 k €	+43.9%	53,2 k €	-43.3%	93,8 k €	+0.8%	93 k €	+4.7%	88,8 k €	-8.4%	96,9 k €	-0.7%	97,6 k €	-2.6%	100,3 k €	+2.6%	97,8 k €	+4.4%	93,7 k €	+225%	28,8 k €	+438%	-8,5 k €	+64.0%	-23,7 k €	-0.5%	-23,6 k €
Net result	-3,5 k €	-109%	37,3 k €	-95.3%	802,3 k €	+428%	152 k €	+76.4%	86,1 k €	+84.4%	46,7 k €	+43.3%	32,6 k €	-40.9%	55,1 k €	+1.2%	54,5 k €	+7.5%	50,7 k €	-6.2%	54,1 k €	+8.7%	49,7 k €	-15.4%	58,8 k €	-3.3%	60,8 k €	-10.8%	68,1 k €	+248%	19,6 k €	+830%	-2,7 k €	+84.3%	-17,1 k €	+13.8%	-19,8 k €
Balance sheet
Equity	2 M €	-0.2%	2 M €	+1.9%	2 M €	+61.6%	1,2 M €	+8.8%	1,1 M €	+3.6%	1,1 M €	+4.5%	1 M €	+3.3%	996 k €	+5.9%	940,9 k €	+6.2%	886,3 k €	+6.1%	835,7 k €	+6.9%	781,6 k €	+4.5%	747,9 k €	+8.5%	689,1 k €	+9.7%	628,4 k €	+12.2%	560,3 k €	+3.6%	540,7 k €	-0.5%	543,4 k €	-3.0%	560,4 k €
Total assets	4,5 M €	-4.6%	4,7 M €	-8.4%	5,2 M €	-14.6%	6,1 M €	+123%	2,7 M €	+2.1%	2,7 M €	+2.4%	2,6 M €	-3.2%	2,7 M €	-1.8%	2,7 M €	+0.1%	2,7 M €	-1.2%	2,8 M €	-4.6%	2,9 M €	+3.8%	2,8 M €	-0.6%	2,8 M €	+1.3%	2,8 M €	-0.8%	2,8 M €	+1.8%	2,7 M €	+404%	544,4 k €	-3.8%	566 k €
Cash	38,9 k €	-34.7%	59,6 k €	-85.0%	397,5 k €	+53.6%	258,8 k €	+40.6%	184,2 k €	+493%	31 k €	+5401%	564,2 €	-88.5%	4,9 k €	-80.3%	24,9 k €	+835%	2,7 k €	-92.6%	36 k €	-75.7%	148,2 k €	+1325%	10,4 k €	+162%	4 k €	-81.8%	21,8 k €	-2.4%	22,3 k €		–		18,2 k €	+9.5%	16,6 k €
Debts	2,5 M €	-7.5%	2,7 M €	-14.9%	3,2 M €	-33.7%	4,8 M €	+203%	1,6 M €	+1.1%	1,6 M €	+0.7%	1,6 M €	-7.0%	1,7 M €	-5.8%	1,8 M €	-2.7%	1,8 M €	-4.4%	1,9 M €	-8.9%	2,1 M €	+3.5%	2 M €	-3.6%	2,1 M €	-1.2%	2,1 M €	-4.0%	2,2 M €	+1.3%	2,2 M €	+210570%	1 k €	-81.3%	5,6 k €

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 · 3 active · 20 ended

Active mandates

Cantin Burton

Director · since 01 janvier 2023

Active

Etienne Burton

Director · since 28 novembre 2020

Active

Sabine Hennaux

Director · since 28 novembre 2020

Active

Ended mandates

Cantin Burton

Director · since 01 janvier 2023 · until 01 janvier 2029

Ended

Etienne Burton

Managing director · since 28 novembre 2020 · until 28 novembre 2026

Ended

Sabine Hennaux

Director · since 28 novembre 2020 · until 28 novembre 2026

Ended

Etienne BURTON

Managing director · since 28 novembre 2014 · until 28 novembre 2020

Ended

At this address

Other companies at this address

Company	CBE no.
Burtinvest Unité● Active	1031.077.831

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Micro model	Micro 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	30/07/2026	30/09/2025	30/09/2025	29/09/2023	20/09/2022	28/07/2021
General meeting	30/06/2026	26/09/2025	26/09/2025	28/06/2023	29/06/2022	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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	30/07/2026	French	PDF
Micro model	31/12/2024	26/09/2025	30/09/2025	French	PDF
Abridged modelCorrection	31/12/2023	26/09/2025	30/09/2025	French	PDF
Abridged model	31/12/2023	26/06/2024	29/10/2024	French	PDF
Micro model	31/12/2022	28/06/2023	29/09/2023	French	PDF
Micro model	31/12/2021	29/06/2022	20/09/2022	French	PDF
Abridged model	31/12/2020	30/06/2021	28/07/2021	French	PDF
Micro model	31/12/2019	24/06/2020	13/11/2020	French	PDF
Micro model	31/12/2018	26/06/2019	15/07/2019	French	PDF
Abridged model	31/12/2017	27/06/2018	04/07/2018	French	PDF
Abridged model	31/12/2016	28/06/2017	02/08/2017	French	PDF
Abridged model	31/12/2015	29/06/2016	04/07/2016	French	PDF
Abridged model	31/12/2014	24/06/2015	30/06/2015	French	PDF
Abridged model	31/12/2013	25/06/2014	07/08/2014	French	PDF
Abridged modelCorrection	31/12/2012	26/06/2013	23/08/2013	French	PDF
Abridged model	31/12/2012	26/06/2013	25/07/2013	French	PDF
Abridged model	31/12/2011	27/06/2012	08/08/2012	French	PDF
Abridged model	31/12/2010	29/06/2011	19/07/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	18/08/2010	French	PDF
Abridged model	31/12/2008	24/06/2009	17/08/2009	French	PDF
Abridged model	31/12/2007	25/06/2008	01/07/2008	French	PDF
Abridged model	31/12/2006	27/06/2007	19/07/2007	French	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 · 3 active · 20 ended

Active mandates

Cantin Burton

Director · since 01 janvier 2023

Active

Etienne Burton

Director · since 28 novembre 2020

Active

Sabine Hennaux

Director · since 28 novembre 2020

Active

Ended mandates

Cantin Burton

Director · since 01 janvier 2023 · until 01 janvier 2029

Ended

Etienne Burton

Managing director · since 28 novembre 2020 · until 28 novembre 2026

Ended

Sabine Hennaux

Director · since 28 novembre 2020 · until 28 novembre 2026

Ended

Etienne BURTON

Managing director · since 28 novembre 2014 · until 28 novembre 2020

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/08/2026
DEMISSIONS, NOMINATIONS
PDF
Restructuring29/01/2024
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring30/10/2023
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates15/06/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates03/05/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates14/07/2015
DEMISSIONS, NOMINATIONS
PDF
Capital / shares31/12/2013
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office10/01/2012
SIEGE SOCIAL - CAPITAL, ACTIONS
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 2025-3,5 k €↓
2024
Annual accounts 202437,3 k €↓
2023
Annual accounts 2023802,3 k €↑
2022
Annual accounts 2022152 k €↑
2021
Annual accounts 202186,1 k €↑
2019
Annual accounts 201946,7 k €↑
2018
Annual accounts 201832,6 k €↓
2017
Annual accounts 201755,1 k €↑
2016
Annual accounts 201654,5 k €↑
2015
Annual accounts 201550,7 k €↓
2014
Annual accounts 201454,1 k €↑
2013
Annual accounts 201349,7 k €↓
2012
Annual accounts 201258,8 k €↓
2011
Annual accounts 201160,8 k €↓
2010
Annual accounts 201068,1 k €↑
2009
Annual accounts 200919,6 k €↑
2008
Annual accounts 2008-2,7 k €↑
2007
Annual accounts 2007-17,1 k €↑
2006
Annual accounts 2006-19,8 k €
08/05/1992
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

BURTINVEST

Overview

What does BURTINVEST 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