ACTIVE

Update-pro

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Financial year 2025 · closed on 31/12/2025

Net result

1,6 M €

+30.8% YoY

Revenue

40,2 M €

+35.4% YoY

Equity

3,2 M €

+13.5% YoY

Workforce

979,1 ETP

+24.0% YoY

What does Update-pro do?

Update-pro is a Private limited company incorporated in 1993. Its main activity is: Management consultancy activities. Its registered office is in Wijnegem. It employs on average 979,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0450.903.114

Incorporation

08/09/1993

Legal form

Private limited company

Registered office

Stokerijstraat 25A box 22
2110 Wijnegem · FlandreSee on map

Contributed capital

78 869,14 €

Latest accounts

31/12/2025

Average workforce

979,1 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 78200Temporary employment agency activities 78200Temporary employment agency activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	40,2 M €	+35.4%	29,7 M €	+38.4%	21,4 M €		–		–		–		–		–		–		–		–		–		–		–		–		309,6 k €	+485%	52,9 k €	+536%	8,3 k €	-90.2%	84,9 k €
EBITDA	2,4 M €	+18.7%	2 M €	+34.8%	1,5 M €	+58.2%	948,6 k €	+83.9%	515,7 k €	+72.8%	298,5 k €	-2.5%	306 k €	-24.0%	402,8 k €	-0.9%	406,5 k €	+541%	-92,2 k €	-11.3%	-82,9 k €	-856%	-8,7 k €	-6.5%	-8,1 k €	-111%	71,3 k €	-52.5%	150,1 k €	+193%	-162,1 k €	-1289%	13,6 k €	+208%	-12,6 k €	-172%	17,5 k €
Operating result	2,3 M €	+31.7%	1,8 M €	+33.3%	1,3 M €	+88.5%	705,2 k €	+41.4%	498,6 k €	+79.7%	277,5 k €	-3.8%	288,5 k €	-24.4%	381,5 k €	+38.2%	276,1 k €	+389%	-95,6 k €	-13.9%	-83,9 k €	-1599%	-4,9 k €	+58.4%	-11,9 k €	-117%	71,3 k €	-52.5%	150,1 k €	+193%	-162,1 k €	-1294%	13,6 k €	+208%	-12,6 k €	-172%	17,4 k €
Net result	1,6 M €	+30.8%	1,2 M €	+37.8%	877 k €	+106%	425,6 k €	+38.2%	308,1 k €	+84.9%	166,6 k €	+2.1%	163,2 k €	-18.8%	201 k €	+0.5%	200 k €	+284%	-108,4 k €	-29.3%	-83,9 k €	-2492%	-3,2 k €	+70.7%	-11,1 k €	-127%	41,1 k €	-70.1%	137,3 k €	+190%	-152,1 k €	-1286%	12,8 k €	+258%	-8,1 k €	-150%	16,3 k €
Balance sheet
Equity	3,2 M €	+13.5%	2,8 M €	+59.1%	1,8 M €	+28.5%	1,4 M €	+44.8%	950,3 k €	+48.0%	642,2 k €	+35.0%	475,7 k €	+52.2%	312,5 k €	+180%	111,5 k €	+168%	-163,4 k €	-197%	-55 k €	-290%	28,9 k €	-10.1%	32,1 k €	-25.6%	43,2 k €	+2004%	2,1 k €	+102%	-135,3 k €	-907%	16,8 k €	+325%	3,9 k €	-67.3%	12,1 k €
Total assets	8,1 M €	+8.4%	7,5 M €	+8.9%	6,9 M €	+29.9%	5,3 M €	+119%	2,4 M €	+9.8%	2,2 M €	-6.8%	2,4 M €	+21.5%	1,9 M €	+36.9%	1,4 M €	+302%	353,4 k €	+107%	170,7 k €	+203%	56,3 k €	-4.7%	59,1 k €	-80.6%	305,2 k €	-44.6%	550,5 k €	+136%	233,2 k €	+928%	22,7 k €	+86.4%	12,2 k €	-70.9%	41,8 k €
Cash	647,9 k €	-11.5%	731,7 k €	+322%	173,4 k €	-60.8%	442,6 k €	+490%	75,1 k €	-82.7%	433,2 k €	+15.7%	374,5 k €	+158%	145 k €	-25.3%	194,1 k €	+816%	21,2 k €	+278%	5,6 k €	+1.0%	5,5 k €	-65.8%	16,2 k €	-72.2%	58,3 k €	+69.6%	34,4 k €	-39.0%	56,4 k €	+1038%	5 k €	+13.1%	4,4 k €	+1200%	337 €
Debts	4,9 M €	+5.9%	4,6 M €	-8.6%	5,1 M €	+30.8%	3,9 M €	+165%	1,5 M €	-5.9%	1,6 M €	-17.3%	1,9 M €	+16.0%	1,6 M €	+26.6%	1,3 M €	+149%	516,8 k €	+129%	225,7 k €	+723%	27,4 k €	+1.6%	27 k €	-89.7%	261,7 k €	-46.8%	491,8 k €	+33.7%	368 k €	+7354%	4,9 k €	+70.8%	2,9 k €	-90.3%	29,7 k €
Other
Workforce	979,1 ETP	+24.0%	789,6 ETP	+44.5%	546,6 ETP	+23.4%	443,0 ETP	+102%	219,0 ETP	+22.1%	179,4 ETP	+13.0%	158,8 ETP	+43.6%	110,6 ETP	+13.7%	97,3 ETP	+375%	20,5 ETP	+503%	3,4 ETP	+1600%	0,2 ETP		–		1,8 ETP	-84.6%	11,7 ETP	+200%	3,9 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

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

Active mandates

Dominique Matheussen

Director · since 30 novembre 2023

Active

Ended mandates

Dominique Domien J Matheussen

Director · since 30 novembre 2023

Ended

Dominique Domien J Matheussen

Director · since 01 juillet 2014

Ended

Dominique Domien J Matheussen

Manager · since 01 juillet 2014

Ended

Dominique Matheussen

Manager · since 01 juillet 2014

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full 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	25/06/2026	20/08/2025	08/07/2024	27/06/2023	19/07/2022	21/06/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	09/05/2022	18/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/06/2026	25/06/2026	Dutch	PDF
Full model	31/12/2024	20/06/2025	20/08/2025	Dutch	PDF
Full modelCorrection	31/12/2023	21/06/2024	08/07/2024	Dutch	PDF
Full model	31/12/2023	21/06/2024	03/07/2024	Dutch	PDF
Abridged model	31/12/2022	16/06/2023	27/06/2023	Dutch	PDF
Abridged model	31/12/2021	09/05/2022	19/07/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	21/06/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	14/07/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	25/06/2019	Dutch	PDF
Abridged model	31/10/2017	02/03/2018	28/03/2018	Dutch	PDF
Abridged model	31/12/2015	09/05/2016	14/07/2016	Dutch	PDF
Abridged model	31/12/2014	11/05/2015	09/06/2015	Dutch	PDF
Abridged model	31/12/2013	12/05/2014	28/05/2014	Dutch	PDF
Abridged model	31/12/2012	13/05/2013	24/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	05/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	11/08/2011	Dutch	PDF
Abridged model	31/12/2009	11/05/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	12/05/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	13/05/2008	24/07/2008	Dutch	PDF
Abridged model	31/12/2006	14/05/2007	24/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

Dominique Matheussen

Director · since 30 novembre 2023

Active

Ended mandates

Dominique Domien J Matheussen

Director · since 30 novembre 2023

Ended

Dominique Domien J Matheussen

Director · since 01 juillet 2014

Ended

Dominique Domien J Matheussen

Manager · since 01 juillet 2014

Ended

Dominique Matheussen

Manager · since 01 juillet 2014

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring22/01/2026
BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring23/06/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates10/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/05/2023
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Registered office07/12/2018
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ALGEMENE VERGADERING - BOEKJAAR
PDF
Capital / shares17/02/2017
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates09/07/2015
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 20251,6 M €↑
2024
Annual accounts 20241,2 M €↑
2023
Annual accounts 2023877 k €↑
2022
Annual accounts 2022425,6 k €↑
2021
Annual accounts 2021308,1 k €↑
2020
Annual accounts 2020166,6 k €↑
2019
Annual accounts 2019163,2 k €↓
2018
Annual accounts 2018201 k €↑
2017
Annual accounts 2017200 k €↑
2015
Annual accounts 2015-108,4 k €↓
2014
Annual accounts 2014-83,9 k €↓
2013
Annual accounts 2013-3,2 k €↑
2012
Annual accounts 2012-11,1 k €↓
2011
Annual accounts 201141,1 k €↓
2010
Annual accounts 2010137,3 k €↑
2009
Annual accounts 2009-152,1 k €↓
2008
Annual accounts 200812,8 k €↑
2007
Annual accounts 2007-8,1 k €↓
2006
Annual accounts 200616,3 k €
08/09/1993
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

Update-pro

Overview

What does Update-pro 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