ACTIVE

ACT RESEARCH

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Financial year 2024 · closed on 31/12/2024

Net result

130,2 k €

+90.1% YoY

Gross margin

3,3 M €

+23.2% YoY

Equity

888,6 k €

+15.0% YoY

Workforce

42,7 ETP

+8.1% YoY

What does ACT RESEARCH do?

ACT RESEARCH is a Public limited company incorporated in 1994. Its main activity is: Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers. Its registered office is in Kortenberg. It employs on average 42,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.626.834

Incorporation

17/10/1994

Legal form

Public limited company

Registered office

Leuvensesteenweg 456
3071 Kortenberg · FlandreSee on map

Contributed capital

223 104,17 €

Latest accounts

31/12/2024

Average workforce

42,7 ETP

Activities (NACE)

29201Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers· main 29201Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers 45209Maintenance and repair of motor vehicles 74203Photographic activities 95319Repair of computers and personal and household goods 45113Sale of cars and light motor vehicles+9

Joint committees (4)

149
14902
200
218

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	3,3 M €	+23.2%	2,7 M €	+17.7%	2,3 M €	-1.4%	2,3 M €	-3.4%	2,4 M €	-17.1%	2,9 M €	+9.8%	2,7 M €	-1.5%	2,7 M €	+29.6%	2,1 M €	-11.7%	2,4 M €	-0.9%	2,4 M €	+11.1%	2,1 M €	+2.5%	2,1 M €	-0.5%	2,1 M €	-0.3%	2,1 M €	+5.4%	2 M €	+12.8%	1,8 M €	+21.9%	1,5 M €	+9.4%	1,3 M €
EBITDA	756,1 k €	+42.2%	531,7 k €	+23.5%	430,5 k €	+43.1%	300,8 k €	+36.4%	220,5 k €	-59.0%	538 k €	+19.5%	450,3 k €	-14.8%	528,6 k €	+49.3%	354,1 k €	-4.7%	371,6 k €	+13.7%	326,8 k €	+59.6%	204,8 k €	-35.5%	317,6 k €	-8.5%	347 k €	-10.0%	385,5 k €	+2.7%	375,5 k €	-4.4%	392,7 k €	+57.1%	250 k €	+1.9%	245,4 k €
Operating result	446,9 k €	+97.8%	225,9 k €	+34.3%	168,3 k €	+550%	25,9 k €	+148%	-53,6 k €	-115%	368,4 k €	+28.1%	287,7 k €	-14.1%	335 k €	+177%	121 k €	-17.3%	146,3 k €	+32.5%	110,5 k €	+527%	-25,9 k €	-115%	175,7 k €	-34.9%	270,1 k €	-0.9%	272,7 k €	+7.5%	253,8 k €	+3.0%	246,3 k €	+152%	97,8 k €	+15.7%	84,5 k €
Net result	130,2 k €	+90.1%	68,5 k €	+2460%	-2,9 k €	-109%	33,1 k €	+151%	-65,1 k €	-142%	154,6 k €	+80.0%	85,9 k €	+616%	-16,6 k €	-27399%	61 €	+101%	-11 k €	+59.1%	-26,9 k €	+80.8%	-140,4 k €	-233%	105,8 k €	+40.0%	75,6 k €	+378%	15,8 k €	-67.3%	48,3 k €	+565%	7,3 k €	-67.5%	22,3 k €	+10041%	220,2 €
Balance sheet
Equity	888,6 k €	+15.0%	772,5 k €	+13.4%	681,3 k €	+9.9%	620 k €	-14.8%	727,8 k €	-14.4%	850 k €	+75.1%	485,4 k €	+13.0%	429,6 k €	-3.7%	446,2 k €	+0.0%	446,1 k €	-2.4%	457,2 k €	-5.6%	484,1 k €	-9.3%	533,9 k €	+24.7%	428,2 k €	+21.4%	352,6 k €	+3.9%	339,3 k €	+15.6%	293,5 k €	+1.6%	288,7 k €	+7.4%	268,9 k €
Total assets	7,4 M €	+29.8%	5,7 M €	+16.9%	4,9 M €	+30.5%	3,7 M €	-6.2%	4 M €	-10.6%	4,5 M €	-14.5%	5,2 M €	-0.7%	5,3 M €	+43.6%	3,7 M €	+0.6%	3,6 M €	-7.2%	3,9 M €	+9.4%	3,6 M €	-0.9%	3,6 M €	+22.9%	2,9 M €	+40.4%	2,1 M €	-30.0%	3 M €	+4.8%	2,9 M €	+28.5%	2,2 M €	+11.9%	2 M €
Cash	67,1 k €	+368%	14,3 k €	-81.9%	79,4 k €	+1332%	5,5 k €	-76.9%	24 k €	-55.4%	53,8 k €	-52.3%	112,9 k €	-6.5%	120,7 k €	+2.3%	118 k €	+292%	30,1 k €	+3376%	865 €		–		2,7 k €	-97.4%	104,8 k €	+1197%	8,1 k €	-97.6%	340,6 k €	+21081%	1,6 k €	-53.8%	3,5 k €	+45.9%	2,4 k €
Debts	6,5 M €	+32.0%	4,9 M €	+18.0%	4,2 M €	+37.9%	3 M €	-4.5%	3,2 M €	-12.4%	3,6 M €	-23.8%	4,7 M €	-2.0%	4,8 M €	+51.4%	3,2 M €	+2.1%	3,1 M €	-9.2%	3,4 M €	+11.6%	3,1 M €	+0.6%	3,1 M €	+22.7%	2,5 M €	+44.7%	1,7 M €	-34.5%	2,6 M €	+3.5%	2,6 M €	+32.9%	1,9 M €	+11.9%	1,7 M €
Other
Workforce	42,7 ETP	+8.1%	39,5 ETP	+11.3%	35,5 ETP	-9.4%	39,2 ETP	-12.9%	45,0 ETP	-0.7%	45,3 ETP	+2.5%	44,2 ETP	+23.1%	35,9 ETP	-5.8%	38,1 ETP	0.0%	38,1 ETP	-2.6%	39,1 ETP	-0.8%	39,4 ETP	+7.4%	36,7 ETP	+4.6%	35,1 ETP	+4.8%	33,5 ETP	-4.6%	35,1 ETP	+10.4%	31,8 ETP	+12.8%	28,2 ETP	+11.9%	25,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 13 ended

Active mandates

Alphonsus Johannes Anton Geevers

Director

Active

Michael Kaag

Director

Active

Wim Geerards

Director

Active

Ended mandates

Fons GEEVERS

Director · since 12 mars 2016 · until 07 juin 2022

Ended

Wim Geerards

Director · since 12 mars 2016 · until 07 juin 2022

Ended

Michael Kaag

Managing director · since 11 mars 2016 · until 07 juin 2022

Ended

Fons Geevers

Director · since 11 mars 2010 · until 11 mars 2016

Ended

At this address

Other companies at this address

Company	CBE no.
J & J MANAGEMENT● Active	0476.305.137

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	06/11/2025	18/11/2024	08/11/2023	12/09/2022	28/07/2021	31/08/2020
General meeting	03/06/2025	04/06/2024	08/11/2023	15/08/2022	01/06/2021	02/06/2020
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
Abridged model	31/12/2024	03/06/2025	06/11/2025	Dutch	PDF
Abridged model	31/12/2023	04/06/2024	18/11/2024	Dutch	PDF
Abridged model	31/12/2022	08/11/2023	08/11/2023	Dutch	PDF
Abridged model	31/12/2021	15/08/2022	12/09/2022	Dutch	PDF
Abridged model	31/12/2020	01/06/2021	28/07/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	04/06/2019	12/09/2019	Dutch	PDF
Abridged model	31/12/2017	05/06/2018	26/09/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	14/09/2017	Dutch	PDF
Abridged model	31/12/2015	07/06/2016	30/09/2016	Dutch	PDF
Abridged model	31/12/2014	02/06/2015	22/10/2015	Dutch	PDF
Abridged model	31/12/2013	13/10/2014	24/11/2014	Dutch	PDF
Abridged model	31/12/2012	04/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	05/06/2012	07/09/2012	Dutch	PDF
Abridged model	31/12/2010	07/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	15/07/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	03/06/2008	30/09/2008	Dutch	PDF
Abridged model	31/12/2006	05/06/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2024 · 3 active · 13 ended

Active mandates

Alphonsus Johannes Anton Geevers

Director

Active

Michael Kaag

Director

Active

Wim Geerards

Director

Active

Ended mandates

Fons GEEVERS

Director · since 12 mars 2016 · until 07 juin 2022

Ended

Wim Geerards

Director · since 12 mars 2016 · until 07 juin 2022

Ended

Michael Kaag

Managing director · since 11 mars 2016 · until 07 juin 2022

Ended

Fons Geevers

Director · since 11 mars 2010 · until 11 mars 2016

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/03/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates13/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/11/2019
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring20/06/2013
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring25/10/2012
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates25/10/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/10/2004
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

2024
Annual accounts 2024130,2 k €↑
2023
Annual accounts 202368,5 k €↑
2022
Annual accounts 2022-2,9 k €↓
2021
Annual accounts 202133,1 k €↑
2020
Annual accounts 2020-65,1 k €↓
2019
Annual accounts 2019154,6 k €↑
2018
Annual accounts 201885,9 k €↑
2017
Annual accounts 2017-16,6 k €↓
2016
Annual accounts 201661 €↑
2015
Annual accounts 2015-11 k €↑
2014
Annual accounts 2014-26,9 k €↑
2013
Annual accounts 2013-140,4 k €↓
2012
Annual accounts 2012105,8 k €↑
2011
Annual accounts 201175,6 k €↑
2010
Annual accounts 201015,8 k €↓
2009
Annual accounts 200948,3 k €↑
2008
Annual accounts 20087,3 k €↓
2007
Annual accounts 200722,3 k €↑
2006
Annual accounts 2006220,2 €
17/10/1994
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

ACT RESEARCH

Overview

What does ACT RESEARCH 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