ACTIVE

BOAB

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Financial year 2025 · closed on 31/12/2025

Net result

78,9 k €

+194.1% YoY

Gross margin

211,6 k €

+752.5% YoY

Equity

1 M €

+8.5% YoY

What does BOAB do?

BOAB is a Public limited company incorporated in 1993. Its main activity is: Management consultancy activities. Its registered office is in Kuurne.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.937.369

Incorporation

21/04/1993

Legal form

Public limited company

Registered office

Sint-Katriensteenweg 45-47
8520 Kuurne · FlandreSee on map

Contributed capital

78 109,47 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 63920Other information service activities 68110Buying and selling of own real estate 68201Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate 82990Other business support service activities n.e.c.

Joint committees (3)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 7 financial years

	2025		2024		2023		2022		2021		2018		2006
Income statement
Gross margin	211,6 k €	+752%	-32,4 k €	-102%	1,4 M €	+11.5%	1,3 M €	+7.7%	1,2 M €	-34.6%	1,8 M €	+32.3%	1,4 M €
EBITDA	209,1 k €	+566%	-44,9 k €	-116%	273,8 k €	+51.1%	181,2 k €	+3.6%	175 k €	-43.1%	307,7 k €	+65.4%	186 k €
Operating result	105 k €	+240%	-74,9 k €	-169%	108,5 k €	+21.6%	89,2 k €	+14.9%	77,6 k €	-24.3%	102,5 k €	+701%	-17,1 k €
Net result	78,9 k €	+194%	-83,8 k €	-296%	42,8 k €	+80.3%	23,8 k €	+209%	7,7 k €	-76.8%	33,1 k €	-86.9%	253,4 k €
Balance sheet
Equity	1 M €	+8.5%	924,5 k €	-11.3%	1 M €	+4.3%	999 k €	+2.4%	975,2 k €	+2.0%	956,2 k €	+39.3%	686,4 k €
Total assets	2,3 M €	+61.2%	1,4 M €	-48.5%	2,8 M €	-1.7%	2,8 M €	-3.3%	2,9 M €	-9.7%	3,2 M €	+13.6%	2,9 M €
Cash	1,2 k €	-93.5%	17,9 k €	-90.3%	185,4 k €	-18.8%	228,4 k €	-8.0%	248,2 k €	+101%	123,2 k €	+195%	41,8 k €
Debts	1,3 M €	+158%	505,2 k €	-70.7%	1,7 M €	-5.2%	1,8 M €	-6.0%	1,9 M €	-14.7%	2,3 M €	+15.2%	2 M €
Other
Workforce	–		0,0 ETP	-100%	20,2 ETP	-3.3%	20,9 ETP	-4.1%	21,8 ETP	-25.6%	29,3 ETP	-1.0%	29,6 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 · 1 active · 24 ended

Active mandates

Lieven Berten

Director · since 10 juillet 2024

Active

Ended mandates

Lieven Berten

Managing director · since 13 mai 2024

Ended

Lucrèce Goethals

Director · since 13 mai 2024 · until 10 juillet 2024

Ended

Lucrèce Goethals

Director · since 13 mai 2024

Ended

Etienne Berten

Director · since 20 août 2021 · until 31 décembre 2023

Ended

At this address

Other companies at this address

Company	CBE no.
BERLICO● Active	1009.703.880

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro 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	20/07/2026	10/07/2025	16/07/2024	19/07/2023	20/07/2022	31/08/2021
General meeting	24/06/2026	18/06/2025	19/06/2024	13/07/2023	15/07/2022	19/08/2021
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	24/06/2026	20/07/2026	Dutch	PDF
Abridged model	31/12/2024	18/06/2025	10/07/2025	Dutch	PDF
Abridged model	31/12/2023	19/06/2024	16/07/2024	Dutch	PDF
Abridged model	31/12/2022	13/07/2023	19/07/2023	Dutch	PDF
Abridged model	31/12/2021	15/07/2022	20/07/2022	Dutch	PDF
Abridged model	31/12/2020	19/08/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	04/06/2020	16/06/2020	Dutch	PDF
Abridged model	31/12/2018	31/07/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	09/07/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	21/06/2017	17/08/2017	Dutch	PDF
Abridged model	31/12/2015	15/06/2016	08/07/2016	Dutch	PDF
Abridged model	31/03/2014	17/09/2014	01/10/2014	Dutch	PDF
Abridged model	31/03/2013	17/07/2013	04/09/2013	Dutch	PDF
Abridged model	31/03/2012	19/09/2012	20/11/2012	Dutch	PDF
Abridged model	31/03/2011	21/09/2011	14/11/2011	Dutch	PDF
Abridged model	31/12/2009	14/07/2010	27/08/2010	Dutch	PDF
Abridged model	31/12/2008	17/06/2009	19/06/2009	Dutch	PDF
Abridged model	31/12/2007	22/08/2008	27/08/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	23/07/2007	Dutch	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 · 1 active · 24 ended

Active mandates

Lieven Berten

Director · since 10 juillet 2024

Active

Ended mandates

Lieven Berten

Managing director · since 13 mai 2024

Ended

Lucrèce Goethals

Director · since 13 mai 2024 · until 10 juillet 2024

Ended

Lucrèce Goethals

Director · since 13 mai 2024

Ended

Etienne Berten

Director · since 20 août 2021 · until 31 décembre 2023

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring14/08/2024
BENAMING - DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring06/06/2024
ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates12/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Other16/04/2015
ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates07/12/2011
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares26/01/2011
BENAMING - DOEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates12/09/2006
ONTSLAGEN - BENOEMINGEN
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 202578,9 k €↑
2024
Annual accounts 2024-83,8 k €↓
2024
Name changeBOAB
2023
Annual accounts 202342,8 k €↑
2022
Annual accounts 202223,8 k €↑
2021
Annual accounts 20217,7 k €↓
2021
Name changeBerten Lieven & C°
2018
Annual accounts 201833,1 k €↓
2006
Annual accounts 2006253,4 k €
2006
Name changeBerten Lieven & Co
21/04/1993
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

BOAB

Overview

What does BOAB do?

Trend over 7 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