ACTIVE

STRATEGIC MANAGEMENT ASSOCIATES

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Financial year 2025 · closed on 30/11/2025

Net result

-109,6 k €

+29.9% YoY

Gross margin

-110,9 k €

+46.8% YoY

Equity

1,5 M €

-6.6% YoY

What does STRATEGIC MANAGEMENT ASSOCIATES do?

STRATEGIC MANAGEMENT ASSOCIATES is a Private limited company incorporated in 1993. Its registered office is in Uccle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.406.542

Incorporation

15/02/1993

Legal form

Private limited company

Registered office

Avenue Hamoir 24 box B
1180 Uccle · BruxellesSee on map

Contributed capital

68 200,00 €

Latest accounts

30/11/2025

Signals

Solid equity

View the BCE/KBO Public Search record →

Health score

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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	-110,9 k €	+46.8%	-208,4 k €	-812%	-22,8 k €	-126%	86,5 k €	+113%	-663,6 k €	-1724%	40,9 k €	+145%	-89,9 k €	+92.2%	-1,2 M €	-738%	181,1 k €	+21.0%	149,6 k €	-94.7%	2,8 M €	+375%	589,1 k €	-35.3%	909,8 k €	+3429%	-27,3 k €	-104%	714,8 k €	+56.6%	456,6 k €	+191%	-502,3 k €	-119%	2,6 M €	+312%	626,7 k €
EBITDA	-111,9 k €	+47.1%	-211,4 k €	-788%	-23,8 k €	-129%	82,2 k €	+112%	-673,3 k €	-3394%	20,4 k €	+120%	-101,6 k €	+91.3%	-1,2 M €	-818%	162,7 k €	+17.2%	138,8 k €	-95.0%	2,8 M €	+377%	577,4 k €	-35.7%	897,6 k €	+2323%	-40,4 k €	-106%	701,7 k €	+61.2%	435,2 k €	+182%	-531,3 k €	-122%	2,5 M €	+324%	579,7 k €
Operating result	-47,9 k €	+37.2%	-76,3 k €	-15.0%	-66,3 k €	-172%	91,6 k €	+262%	-56,5 k €	-65.5%	-34,2 k €	+85.5%	-235 k €	+54.8%	-520 k €	-831%	71,1 k €	+164%	-111 k €	-105%	2,2 M €	+849%	231,7 k €	-2.2%	236,9 k €	+143%	-547,2 k €	+66.0%	-1,6 M €	-425%	-306,9 k €	+59.0%	-748,9 k €	-139%	1,9 M €	+683%	245,4 k €
Net result	-109,6 k €	+29.9%	-156,4 k €	-10.5%	-141,5 k €	-393%	48,3 k €	-73.0%	179,2 k €	+303%	-88,3 k €	+66.5%	-263,4 k €	-191%	290,1 k €	+2791%	10 k €	+106%	-164,1 k €	-112%	1,3 M €	+782%	150,8 k €	+102%	74,8 k €	+111%	-652,7 k €	+72.2%	-2,4 M €	-405%	-465,4 k €	+54.4%	-1 M €	-428%	311,5 k €	+41.5%	220,2 k €
Balance sheet
Equity	1,5 M €	-6.6%	1,6 M €	-8.7%	1,8 M €	-7.3%	1,9 M €	+2.5%	1,9 M €	+22.8%	1,5 M €	-5.4%	1,6 M €	-13.9%	1,9 M €	+18.0%	1,6 M €	+0.6%	1,6 M €	-9.3%	1,8 M €	+307%	433 k €	+53.4%	282,2 k €	+36.1%	207,4 k €	-75.9%	860,1 k €	-73.2%	3,2 M €	-10.8%	3,6 M €	-22.1%	4,6 M €	+28.7%	3,6 M €
Total assets	4,1 M €	+0.3%	4,1 M €	+0.9%	4 M €	-2.7%	4,1 M €	-7.9%	4,5 M €	-29.7%	6,4 M €	-2.6%	6,6 M €	-26.3%	8,9 M €	-6.7%	9,5 M €	-1.1%	9,6 M €	-1.9%	9,8 M €	-6.3%	10,5 M €	+2.3%	10,3 M €	+5.4%	9,7 M €	-1.8%	9,9 M €	-11.4%	11,2 M €	+2.6%	10,9 M €	-10.9%	12,2 M €	+25.4%	9,8 M €
Cash	2,9 k €	-29.5%	4,1 k €	-63.1%	11,1 k €	-67.0%	33,7 k €	-52.0%	70,2 k €	-70.1%	234,5 k €	+307%	57,6 k €	-82.9%	337,9 k €	+19.9%	281,7 k €	+1382%	19 k €	+92.9%	9,9 k €	-78.2%	45,3 k €	-57.4%	106,2 k €	+3174%	3,2 k €		–		60,5 k €		–		14,4 k €	-74.4%	56,5 k €
Debts	2,5 M €	+5.2%	2,4 M €	+8.7%	2,2 M €	+1.4%	2,2 M €	-14.8%	2,5 M €	-41.3%	4,3 M €	-1.2%	4,4 M €	-32.0%	6,4 M €	-0.5%	6,4 M €	-1.5%	6,5 M €	+0.7%	6,5 M €	-30.4%	9,3 M €	+1.5%	9,2 M €	+4.9%	8,8 M €	+6.1%	8,3 M €	+15.9%	7,1 M €	+10.4%	6,5 M €	-4.4%	6,8 M €	+11.3%	6,1 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/11/2025 · 3 active · 18 ended

Active mandates

Guillaume Van Lierde

Director · since 01 avril 2023

Active

Nicolas Van Lierde

Director · since 01 avril 2023

Active

BRUNO VAN LIERDE

Director · since 22 juillet 2014

Active

Ended mandates

Bruno van Lierde

Director · since 29 novembre 2019

Ended

Gaël Diercxsens

Director · since 29 novembre 2019

Ended

BRUNO VAN LIERDE

Managing director · since 28 mai 2019 · until 28 mai 2025

Ended

Gaël Diercksens

Director · since 28 mai 2019 · until 28 mai 2025

Ended

At this address

Other companies at this address

Company	CBE no.
MINISTERE COMMUNAUTE FRANCAISE DE BELGIQUE MAISON DES ETUDIANTS IGA● Active	0850.025.054

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Abridged model
Start of the financial year	01/12/2024	01/12/2023	01/12/2022	01/12/2021	01/12/2020	01/12/2019
Closing of the financial year	30/11/2025	30/11/2024	30/11/2023	30/11/2022	30/11/2021	30/11/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2026	27/06/2025	28/06/2024	30/06/2023	29/08/2022	09/07/2021
General meeting	26/05/2026	27/05/2025	28/05/2024	23/05/2023	24/05/2022	25/05/2021
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
Micro model	30/11/2025	26/05/2026	30/06/2026	French	PDF
Micro model	30/11/2024	27/05/2025	27/06/2025	French	PDF
Micro model	30/11/2023	28/05/2024	28/06/2024	French	PDF
Micro model	30/11/2022	23/05/2023	30/06/2023	French	PDF
Micro model	30/11/2021	24/05/2022	29/08/2022	French	PDF
Abridged model	30/11/2020	25/05/2021	09/07/2021	French	PDF
Abridged model	30/11/2019	26/05/2020	14/07/2020	French	PDF
Abridged model	30/11/2018	28/05/2019	02/08/2019	French	PDF
Abridged model	30/11/2017	22/05/2018	06/07/2018	French	PDF
Abridged model	30/11/2016	23/05/2017	30/06/2017	French	PDF
Abridged model	30/11/2015	24/05/2016	30/06/2016	French	PDF
Abridged model	30/11/2014	26/05/2015	05/06/2015	French	PDF
Abridged model	30/11/2013	27/05/2014	27/06/2014	French	PDF
Abridged model	30/11/2012	28/05/2013	19/07/2013	French	PDF
Abridged model	30/11/2011	22/05/2012	31/07/2012	French	PDF
Abridged model	30/11/2010	24/05/2011	24/06/2011	French	PDF
Abridged model	30/11/2009	24/05/2010	18/07/2010	French	PDF
Abridged model	30/11/2008	26/05/2009	30/06/2009	French	PDF
Abridged model	30/11/2007	27/05/2008	09/07/2008	French	PDF
Abridged model	30/11/2006	22/05/2007	13/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 30/11/2025 · 3 active · 18 ended

Active mandates

Guillaume Van Lierde

Director · since 01 avril 2023

Active

Nicolas Van Lierde

Director · since 01 avril 2023

Active

BRUNO VAN LIERDE

Director · since 22 juillet 2014

Active

Ended mandates

Bruno van Lierde

Director · since 29 novembre 2019

Ended

Gaël Diercxsens

Director · since 29 novembre 2019

Ended

BRUNO VAN LIERDE

Managing director · since 28 mai 2019 · until 28 mai 2025

Ended

Gaël Diercksens

Director · since 28 mai 2019 · until 28 mai 2025

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/07/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates05/03/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates30/01/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates20/02/2012
DEMISSIONS, NOMINATIONS
PDF
Mandates29/12/2010
DEMISSIONS, NOMINATIONS
PDF
Registered office04/10/2007
TRANSFERT SIEGE SOCIAL
PDF
Mandates18/06/2003
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 2025-109,6 k €↑
2024
Annual accounts 2024-156,4 k €↓
2023
Annual accounts 2023-141,5 k €↓
2022
Annual accounts 202248,3 k €↓
2021
Annual accounts 2021179,2 k €↑
2019
Annual accounts 2019-88,3 k €↑
2018
Annual accounts 2018-263,4 k €↓
2017
Annual accounts 2017290,1 k €↑
2016
Annual accounts 201610 k €↑
2015
Annual accounts 2015-164,1 k €↓
2014
Annual accounts 20141,3 M €↑
2013
Annual accounts 2013150,8 k €↑
2012
Annual accounts 201274,8 k €↑
2011
Annual accounts 2011-652,7 k €↑
2010
Annual accounts 2010-2,4 M €↓
2009
Annual accounts 2009-465,4 k €↑
2008
Annual accounts 2008-1 M €↓
2007
Annual accounts 2007311,5 k €↑
2006
Annual accounts 2006220,2 k €
15/02/1993
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

STRATEGIC MANAGEMENT ASSOCIATES

Overview

What does STRATEGIC MANAGEMENT ASSOCIATES 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