ACTIVE

MEUSE CONSULTING GROUP

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Financial year 2025 · closed on 31/12/2025

Net result

69,2 k €

+3.5% YoY

Gross margin

112,6 k €

+4.5% YoY

Equity

232,3 k €

+28.3% YoY

What does MEUSE CONSULTING GROUP do?

MEUSE CONSULTING GROUP is a Private limited company incorporated in 1992. Its main activity is: Wholesale of beverages. Its registered office is in Liège.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.100.003

Incorporation

30/12/1992

Legal form

Private limited company

Registered office

Rue de Hesbaye 115
4000 Liège · WallonieSee on map

Contributed capital

37 097,01 €

Latest accounts

31/12/2025

Activities (NACE)

46341Wholesale of beverages· main 46341Wholesale of beverages 55100Hotels and similar accommodation 55100Hotels and similar accommodation 55101Hotels and similar accommodation

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	112,6 k €	+4.5%	107,8 k €	+43.5%	75,1 k €	+7.1%	70,2 k €	+63.7%	42,8 k €	+151%	17 k €	-45.7%	31,4 k €	+280%	8,3 k €	+73.2%	4,8 k €	-73.8%	18,2 k €	+52.3%	12 k €	+477%	2,1 k €	+71.7%	1,2 k €	-62.1%	3,2 k €	+121%	-15,1 k €	-306%	7,3 k €	-32.2%	10,8 k €	+2286%	-495,3 €	-103%	18,7 k €
EBITDA	112 k €	+4.4%	107,3 k €	+43.4%	74,9 k €	+11.3%	67,3 k €	+66.3%	40,5 k €	+182%	14,4 k €	-50.4%	29 k €	+471%	5,1 k €	+136%	2,2 k €	-86.7%	16,2 k €	+42.4%	11,4 k €	+826%	1,2 k €	+559%	186,4 €	-92.9%	2,6 k €	+117%	-16 k €	-1879%	898,9 €	-71.0%	3,1 k €	+151%	-6 k €	-166%	9,1 k €
Operating result	103,8 k €	+3.1%	100,6 k €	+38.1%	72,9 k €	+9.5%	66,5 k €	+68.6%	39,5 k €	+204%	13 k €	-52.3%	27,2 k €	+761%	3,2 k €	+666%	412,6 €	-97.2%	14,7 k €	+38.2%	10,7 k €	+952%	1 k €	+444%	186,4 €	-92.9%	2,6 k €	+117%	-16 k €	-3003%	550,8 €	-80.0%	2,8 k €	+143%	-6,4 k €	-175%	8,5 k €
Net result	69,2 k €	+3.5%	66,9 k €	+42.5%	46,9 k €	+11.6%	42 k €	+60.1%	26,3 k €	+339%	6 k €	-66.3%	17,7 k €	+1287%	-1,5 k €	+64.9%	-4,3 k €	-139%	11 k €	+6.0%	10,4 k €	+1130%	846,2 €	+940144%	0,1 €	-100.0%	2,4 k €	+115%	-16,3 k €	-4854%	-329,4 €	-122%	1,5 k €	+120%	-7,4 k €	-195%	7,8 k €
Balance sheet
Equity	232,3 k €	+28.3%	181 k €	+37.0%	132,2 k €	+53.5%	86,1 k €	+91.9%	44,9 k €	+131%	19,4 k €	-49.5%	38,4 k €	+85.6%	20,7 k €	-6.7%	22,2 k €	-16.1%	26,5 k €	+71.5%	15,4 k €	+207%	5 k €	+20.3%	4,2 k €	+0.0%	4,2 k €	+137%	1,8 k €	-90.2%	18,1 k €	-1.8%	18,4 k €	+9.0%	16,9 k €	-28.5%	23,6 k €
Total assets	293,2 k €	+25.1%	234,3 k €	+36.6%	171,5 k €	+35.6%	126,5 k €	+66.1%	76,2 k €	+52.6%	49,9 k €	-11.1%	56,1 k €	+39.4%	40,3 k €	-3.2%	41,6 k €	-3.7%	43,2 k €	+108%	20,8 k €	+51.0%	13,8 k €	+14.9%	12 k €	+6.9%	11,2 k €	+183%	4 k €	-81.4%	21,3 k €	-9.0%	23,4 k €	+12.0%	20,9 k €	-39.4%	34,5 k €
Cash	210,4 k €	+59.8%	131,6 k €	+74.7%	75,3 k €	+17.0%	64,4 k €	+136%	27,2 k €	+714%	3,3 k €	+0.8%	3,3 k €	+387%	682 €	-73.9%	2,6 k €	-70.0%	8,7 k €	+137%	3,7 k €	+225%	1,1 k €		–		970 €	+702%	120,9 €	-93.7%	1,9 k €	-45.1%	3,5 k €	+4.8%	3,3 k €	-66.6%	9,9 k €
Debts	60 k €	+14.7%	52,3 k €	+38.8%	37,7 k €	-3.1%	38,9 k €	+33.7%	29,1 k €	-3.5%	30,1 k €	+70.1%	17,7 k €	-9.1%	19,5 k €	+0.4%	19,4 k €	+26.1%	15,4 k €	+194%	5,2 k €	-40.0%	8,7 k €	+12.2%	7,8 k €	+11.3%	7 k €	+229%	2,1 k €	-33.3%	3,2 k €	-35.7%	5 k €	+24.7%	4 k €	-63.2%	10,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

Alain Piekarek

Director

Active

Ended mandates

Florence PIEKAREK

Director · since 01 octobre 2018 · until 02 juin 2020

Ended

Florence PIEKAREK

Director · since 01 octobre 2018 · until 30 septembre 2024

Ended

Alain PIEKAREK

Managing director · since 01 juin 2018 · until 01 juin 2024

Ended

Françoise THONE

Director · since 01 juin 2018 · until 30 septembre 2018

Ended

At this address

Other companies at this address

Company	CBE no.
BUREAU JOASSART & GOFFIN● Active	0450.885.197

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	01/01/2025	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	19/05/2026	28/03/2025	11/04/2024	30/06/2023	25/04/2022	29/04/2021
General meeting	10/04/2026	07/03/2025	01/04/2024	31/05/2023	14/04/2022	31/03/2021
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
Micro model	31/12/2025	10/04/2026	19/05/2026	French	PDF
Micro model	31/12/2024	07/03/2025	28/03/2025	French	PDF
Micro model	31/12/2023	01/04/2024	11/04/2024	French	PDF
Micro model	31/12/2022	31/05/2023	30/06/2023	French	PDF
Micro model	31/12/2021	14/04/2022	25/04/2022	French	PDF
Micro model	31/12/2020	31/03/2021	29/04/2021	French	PDF
Micro model	31/12/2019	17/03/2020	29/04/2020	French	PDF
Micro model	31/12/2018	28/06/2019	11/07/2019	French	PDF
Micro model	31/12/2017	31/05/2018	05/07/2018	French	PDF
Micro model	31/12/2016	30/06/2017	13/07/2017	French	PDF
Abridged model	31/12/2015	31/03/2016	20/04/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	29/07/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	29/07/2014	French	PDF
Abridged model	31/12/2012	31/07/2013	12/08/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	18/07/2012	French	PDF
Abridged model	31/12/2010	27/05/2011	27/05/2011	French	PDF
Abridged model	31/12/2009	09/06/2010	10/06/2010	French	PDF
Abridged model	31/12/2008	10/06/2009	07/09/2009	French	PDF
Abridged model	31/12/2006	13/06/2007	15/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 · 1 active · 13 ended

Active mandates

Alain Piekarek

Director

Active

Ended mandates

Florence PIEKAREK

Director · since 01 octobre 2018 · until 02 juin 2020

Ended

Florence PIEKAREK

Director · since 01 octobre 2018 · until 30 septembre 2024

Ended

Alain PIEKAREK

Managing director · since 01 juin 2018 · until 01 juin 2024

Ended

Françoise THONE

Director · since 01 juin 2018 · until 30 septembre 2018

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/06/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates17/10/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates30/08/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates26/03/2012
DEMISSIONS, NOMINATIONS
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 202569,2 k €↑
2024
Annual accounts 202466,9 k €↑
2023
Annual accounts 202346,9 k €↑
2022
Annual accounts 202242 k €↑
2021
Annual accounts 202126,3 k €↑
2020
Annual accounts 20206 k €↓
2019
Annual accounts 201917,7 k €↑
2018
Annual accounts 2018-1,5 k €↑
2017
Annual accounts 2017-4,3 k €↓
2016
Annual accounts 201611 k €↑
2015
Annual accounts 201510,4 k €↑
2014
Annual accounts 2014846,2 €↑
2013
Annual accounts 20130,1 €↓
2012
Annual accounts 20122,4 k €↑
2011
Annual accounts 2011-16,3 k €↓
2010
Annual accounts 2010-329,4 €↓
2009
Annual accounts 20091,5 k €↑
2008
Annual accounts 2008-7,4 k €↓
2006
Annual accounts 20067,8 k €
30/12/1992
IncorporationPrivate 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

MEUSE CONSULTING GROUP

Overview

What does MEUSE 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