ACTIVE

ETREAC CONSULTING

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Financial year 2025 · Closed on 31/12/2025

Net result165,6 k €-31,4 %over 1 year

Gross margin3,3 M €+3,1 %over 1 year

Equity1,6 M €+6,7 %over 1 year

Workforce51,6 ETP+1,8 %over 1 year

Identity

Source · BCE/KBO

ETREAC CONSULTING is a Private limited company incorporated in 1994. Its main activity is: Management consultancy activities. Its registered office is in Namur. It employs on average 51,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0452.239.635
Incorporation: 23/02/1994
Legal form: Private limited company
Registered office: Rue du Bataillon des Canaris(BU) 12
5004 Namur · WallonieSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2025
Average workforce: 51,6 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 74503Other professional, scientific and technical activities 78100Activities of employment placement agencies 78100Activities of employment placement agencies

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	3,3 M €	+3.1%	3,2 M €	-2.8%	3,3 M €	+24.9%	2,6 M €	+32.1%	2 M €
EBITDA	233,9 k €	-37.7%	375,5 k €	-20.2%	470,4 k €	+38.0%	341 k €	+30.5%	261,3 k €
Operating result	209,8 k €	-41.1%	356,3 k €	-20.1%	445,6 k €	+41.3%	315,3 k €	+35.8%	232,2 k €
Net result	165,6 k €	-31.4%	241,2 k €	-21.3%	306,4 k €	+64.7%	186 k €	+26.9%	146,6 k €
Balance sheet
Equity	1,6 M €	+6.7%	1,5 M €	+19.6%	1,2 M €	+33.1%	924,7 k €	-6.6%	990,3 k €
Total assets	2,4 M €	+10.5%	2,2 M €	+4.3%	2,1 M €	+16.7%	1,8 M €	-0.7%	1,8 M €
Cash	596,1 k €	+33.8%	445,5 k €	-13.1%	512,5 k €	+58.4%	323,6 k €	-12.3%	369,2 k €
Debts	722,3 k €	+20.3%	600,6 k €	-12.3%	684,7 k €	-1.2%	692,9 k €	-4.3%	724,2 k €
Other
Workforce	51,6 ETP	+1.8%	50,7 ETP	+2.2%	49,6 ETP	+16.2%	42,7 ETP	+4.4%	40,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 4 ended

Active mandates

PRAECIPITEM

Director · since 30 août 2021 · 0717.738.533

Represented by GRANADO Patrick

Active

Ended mandates

PRAECIPITEM

Director · since 30 août 2021 · 0717.738.533

Represented by GRANADO PATRICK

Ended

Patrick GRANADO

Director · until 30 août 2021

Ended

Patrick GRANADO

Director

Ended

Patrick GRANADO

Manager

Ended

Other companies at this address

Rue du Bataillon des Canaris(BU) 12 5004 Namur

Company	CBE no.
IDAL Belgique● Active	0442.859.636
YMN Management Services● Active	0463.275.760

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged 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	04/06/2026	23/06/2025	07/06/2024	19/07/2023	12/07/2022	14/07/2021
General meeting	20/05/2026	23/05/2025	23/05/2024	24/06/2023	30/06/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/05/2026	04/06/2026	French	PDF
Abridged model	31/12/2024	23/05/2025	23/06/2025	French	PDF
Abridged model	31/12/2023	23/05/2024	07/06/2024	French	PDF
Abridged model	31/12/2022	24/06/2023	19/07/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	12/07/2022	French	PDF
Abridged model	31/12/2020	30/06/2021	14/07/2021	French	PDF
Abridged model	31/12/2019	29/06/2020	08/07/2020	French	PDF
Abridged model	31/12/2018	22/05/2019	19/07/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	06/07/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	14/07/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	05/07/2016	French	PDF
Abridged model	31/12/2014	29/06/2015	13/07/2015	French	PDF
Abridged model	31/12/2013	04/06/2014	17/06/2014	French	PDF
Abridged model	31/12/2012	24/06/2013	01/07/2013	French	PDF
Abridged model	31/12/2011	08/06/2012	12/06/2012	French	PDF
Abridged model	31/12/2010	14/06/2011	17/06/2011	French	PDF
Abridged model	31/12/2009	28/06/2010	20/07/2010	French	PDF
Abridged model	31/12/2008	18/09/2009	23/09/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	17/07/2008	French	PDF
Abridged model	31/12/2006	29/06/2007	20/07/2007	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 4 ended

Active mandates

PRAECIPITEM

Director · since 30 août 2021 · 0717.738.533

Represented by GRANADO Patrick

Active

Ended mandates

PRAECIPITEM

Director · since 30 août 2021 · 0717.738.533

Represented by GRANADO PATRICK

Ended

Patrick GRANADO

Director · until 30 août 2021

Ended

Patrick GRANADO

Director

Ended

Patrick GRANADO

Manager

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates12/06/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates15/09/2021
DEMISSIONS, NOMINATIONS
PDF
Registered office15/06/2020
SIEGE SOCIAL
PDF
Mandates18/10/2019
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Other04/02/2016
OBJET
PDF
Registered office04/10/2013
SIEGE SOCIAL
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 2025165,6 k €↓
2024
Annual accounts 2024241,2 k €↓
2023
Annual accounts 2023306,4 k €↑
2022
Annual accounts 2022186 k €↑
2021
Annual accounts 2021146,6 k €↑
2020
Annual accounts 202023,7 k €↓
2019
Annual accounts 2019138,2 k €↑
2018
Annual accounts 2018125,8 k €↑
2017
Annual accounts 2017115,1 k €↑
2016
Annual accounts 2016107,2 k €↓
2015
Annual accounts 2015130,1 k €↑
2014
Annual accounts 201463,6 k €↓
2013
Annual accounts 2013125,4 k €↑
2012
Annual accounts 201275,3 k €↓
2011
Annual accounts 2011101,5 k €↑
2010
Annual accounts 201053,3 k €↑
2009
Annual accounts 200948,8 k €↑
2008
Annual accounts 200836,1 k €↓
2007
Annual accounts 200759 k €↓
2006
Annual accounts 200677,3 k €
23/02/1994
IncorporationPrivate limited company

ETREAC CONSULTING

Overview

Identity

Financials

Valuation

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

Timeline