ACTIVE

AVIGAUF

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Financial year 2025 · closed on 31/12/2025

Net result

6,6 k €

+107.2% YoY

Gross margin

82,9 k €

+14.9% YoY

Equity

205 k €

-28.6% YoY

What does AVIGAUF do?

AVIGAUF is a Private limited company incorporated in 1993. Its main activity is: Management consultancy activities. Its registered office is in Herve.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0451.583.005

Incorporation

22/12/1993

Legal form

Private limited company

Registered office

Rue d'Elvaux 101
4651 Herve · WallonieSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	82,9 k €	+14.9%	72,2 k €	+8.0%	66,8 k €	-7.4%	72,2 k €	+3.2%	70 k €	-76.1%	293,3 k €	+12.1%	261,7 k €	+15.5%	226,6 k €	+12.9%	200,7 k €	+0.8%	199,1 k €	+23.5%	161,2 k €	+33.1%	121,1 k €	+35.0%	89,7 k €	+33.4%	67,3 k €	-29.5%	95,4 k €	-0.6%	95,9 k €	+7.7%	89,1 k €	+22.8%	72,5 k €	+10.1%	65,9 k €	-29.4%	93,3 k €
EBITDA	74,1 k €	+16.8%	63,5 k €	+9.9%	57,8 k €	-9.9%	64,1 k €	+83.9%	34,9 k €	-79.9%	173,5 k €	+33.5%	130 k €	+14.7%	113,3 k €	+5.3%	107,6 k €	-13.8%	124,9 k €	+51.8%	82,3 k €	-0.9%	83 k €	+0.4%	82,6 k €	+35.9%	60,8 k €	-30.1%	87,1 k €	+12.5%	77,4 k €	-1.0%	78,2 k €	+47.1%	53,2 k €	+1.3%	52,5 k €	+24.5%	42,2 k €
Operating result	13,8 k €	+43.9%	9,6 k €	+1728%	-590,7 €	-107%	8,8 k €	+193%	-9,5 k €	-107%	132 k €	+53.9%	85,7 k €	+10.1%	77,9 k €	+24.4%	62,6 k €	-28.3%	87,4 k €	+103%	43,1 k €	-1.7%	43,8 k €	+19.0%	36,8 k €	+86.7%	19,7 k €	-53.2%	42,2 k €	+22.7%	34,4 k €	-0.3%	34,5 k €	+37.1%	25,1 k €	+274%	6,7 k €	+150%	-13,6 k €
Net result	6,6 k €	+107%	3,2 k €	+159%	-5,4 k €	-505%	1,3 k €	-99.2%	165,8 k €	+89.0%	87,7 k €	+55.4%	56,5 k €	+14.3%	49,4 k €	+63.2%	30,3 k €	-39.8%	50,2 k €	+159%	19,4 k €	+8.7%	17,9 k €	+7.7%	16,6 k €	+714%	2 k €	-91.5%	23,9 k €	+265%	6,5 k €	-77.1%	28,5 k €	+3542%	782,5 €	+105%	-16,1 k €	+55.6%	-36,2 k €
Balance sheet
Equity	205 k €	-28.6%	287,2 k €	-16.0%	341,9 k €	-9.4%	377,3 k €	-7.1%	406 k €	+69.0%	240,2 k €	+21.0%	198,5 k €	+15.4%	172,1 k €	+20.6%	142,7 k €	+26.9%	112,4 k €	+80.8%	62,2 k €	+45.4%	42,8 k €	+71.8%	24,9 k €	+200%	8,3 k €	+32.7%	6,2 k €	+135%	-17,6 k €	+27.0%	-24,2 k €	+54.1%	-52,7 k €	+1.5%	-53,5 k €	-43.1%	-37,4 k €
Total assets	360,2 k €	-6.7%	386,2 k €	-15.8%	458,7 k €	-18.5%	563 k €	-11.1%	633,3 k €	+12.7%	562 k €	+3.7%	541,9 k €	+8.3%	500,4 k €	-3.8%	520,4 k €	+10.2%	472,3 k €	+5.6%	447,5 k €	-3.6%	464 k €	-2.1%	473,8 k €	+16.3%	407,5 k €	-9.9%	452,1 k €	-2.4%	463,3 k €	-1.2%	469 k €	+4.2%	450 k €	-2.6%	462,2 k €	-7.5%	499,7 k €
Cash	130,5 k €	-11.9%	148,1 k €	-20.3%	185,7 k €	-23.6%	243 k €	-19.1%	300,3 k €	+69.6%	177,1 k €	+49.8%	118,2 k €	+72.3%	68,6 k €	+2.7%	66,8 k €	-7.5%	72,2 k €	+257%	20,2 k €	-9.2%	22,3 k €	+10.2%	20,2 k €	+20.8%	16,7 k €	+94.4%	8,6 k €	-45.3%	15,7 k €	+83.6%	8,6 k €	-5.6%	9,1 k €	-9.2%	10 k €	-42.2%	17,3 k €
Debts	154,4 k €	+56.9%	98,3 k €	-15.4%	116,2 k €	-35.9%	181,2 k €	-20.3%	227,3 k €	-29.1%	320,6 k €	-6.6%	343,4 k €	+4.6%	328,3 k €	-13.1%	377,7 k €	+5.0%	359,9 k €	-6.3%	384,1 k €	-8.6%	420,1 k €	-6.1%	447,2 k €	+12.5%	397,5 k €	-10.6%	444,7 k €	-7.4%	480,5 k €	-2.4%	492,2 k €	-1.9%	501,7 k €	-2.5%	514,7 k €	-4.2%	537,1 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		2,1 ETP	+163%	0,8 ETP		–		–		–		0,6 ETP	+100%	0,3 ETP		–		0,3 ETP	-84.2%	1,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 6 ended

Active mandates

Anne LECHANTEUR

Director

Active

Anne-Sophie Detry

Director

Active

Jean-Marie Detry

Director

Active

Ended mandates

Anne-Sophie DETRY

Director · since 01 février 2007

Ended

Jean-Marie DETRY

Director · since 02 octobre 2000

Ended

Anne LECHANTEUR

Mandate

Ended

Anne LECHANTEUR

Manager

Ended

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	09/07/2026	01/07/2025	05/07/2024	29/06/2023	26/07/2022	01/07/2021
General meeting	30/06/2026	30/05/2025	27/06/2024	23/05/2023	15/06/2022	24/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	09/07/2026	French	PDF
Micro model	31/12/2024	30/05/2025	01/07/2025	French	PDF
Micro model	31/12/2023	27/06/2024	05/07/2024	French	PDF
Micro model	31/12/2022	23/05/2023	29/06/2023	French	PDF
Micro model	31/12/2021	15/06/2022	26/07/2022	French	PDF
Micro model	31/12/2020	24/06/2021	01/07/2021	French	PDF
Micro model	31/12/2019	05/06/2020	23/07/2020	French	PDF
Micro model	31/12/2018	29/03/2019	19/04/2019	French	PDF
Micro model	31/12/2017	27/03/2018	24/04/2018	French	PDF
Micro model	31/12/2016	16/03/2017	12/04/2017	French	PDF
Abridged model	31/12/2015	16/03/2016	15/04/2016	French	PDF
Abridged model	31/12/2014	10/04/2015	21/04/2015	French	PDF
Abridged model	31/12/2013	02/04/2014	15/04/2014	French	PDF
Abridged model	31/12/2012	19/02/2013	15/03/2013	French	PDF
Abridged model	31/12/2011	28/02/2012	27/03/2012	French	PDF
Abridged model	31/12/2010	23/06/2011	30/06/2011	French	PDF
Abridged modelCorrection	31/12/2009	23/06/2010	11/10/2010	French	PDF
Abridged model	31/12/2009	24/06/2010	09/07/2010	French	PDF
Abridged model	31/12/2008	25/06/2009	17/07/2009	French	PDF
Abridged model	31/12/2007	26/06/2008	09/09/2008	French	PDF
Abridged model	31/12/2006	28/06/2007	29/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 6 ended

Active mandates

Anne LECHANTEUR

Director

Active

Anne-Sophie Detry

Director

Active

Jean-Marie Detry

Director

Active

Ended mandates

Anne-Sophie DETRY

Director · since 01 février 2007

Ended

Jean-Marie DETRY

Director · since 02 octobre 2000

Ended

Anne LECHANTEUR

Mandate

Ended

Anne LECHANTEUR

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/03/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates17/11/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Mandates17/07/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates20/07/2011
DEMISSIONS, NOMINATIONS
PDF
Mandates26/02/2007
DEMISSIONS, NOMINATIONS
PDF
Capital / shares28/10/2005
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 20256,6 k €↑
2024
Annual accounts 20243,2 k €↑
2023
Annual accounts 2023-5,4 k €↓
2023
Name changeAvigauf
2022
Annual accounts 20221,3 k €↓
2021
Annual accounts 2021165,8 k €↑
2020
Annual accounts 202087,7 k €↑
2019
Annual accounts 201956,5 k €↑
2018
Annual accounts 201849,4 k €↑
2017
Annual accounts 201730,3 k €↓
2016
Annual accounts 201650,2 k €↑
2015
Annual accounts 201519,4 k €↑
2014
Annual accounts 201417,9 k €↑
2013
Annual accounts 201316,6 k €↑
2012
Annual accounts 20122 k €↓
2011
Annual accounts 201123,9 k €↑
2010
Annual accounts 20106,5 k €↓
2009
Annual accounts 200928,5 k €↑
2008
Annual accounts 2008782,5 €↑
2007
Annual accounts 2007-16,1 k €↑
2006
Annual accounts 2006-36,2 k €
2006
Name changeAvigauf HBL
22/12/1993
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

AVIGAUF

Overview

What does AVIGAUF do?

Trend over 20 financial years

Indicative valuation

Board of directors

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