ACTIVE

RESEA

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Financial year 2024 · closed on 31/12/2024

Net result

81,1 k €

-15.7% YoY

Gross margin

525,6 k €

-4.2% YoY

Equity

530,5 k €

+18.0% YoY

Workforce

3,2 ETP

What does RESEA do?

RESEA is a Public limited company incorporated in 1994. Its main activity is: Management consultancy activities. Its registered office is in Hasselt. It employs on average 3,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.665.535

Incorporation

17/10/1994

Legal form

Public limited company

Registered office

Genkersteenweg 164
3500 Hasselt · FlandreSee on map

Contributed capital

99 157,41 €

Latest accounts

31/12/2024

Average workforce

3,2 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Joint committees (1)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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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	525,6 k €	-4.2%	548,6 k €	+78.3%	307,7 k €	-17.2%	371,5 k €	+49.3%	248,9 k €	-16.1%	296,8 k €	-5.8%	314,9 k €	-2.4%	322,7 k €	+50.7%	214,2 k €	-21.5%	272,8 k €	-7.8%	295,8 k €	+10.1%	268,6 k €	+10.6%	242,9 k €	+21.1%	200,5 k €	+17.0%	171,4 k €	+12.4%	152,5 k €	+6.9%	142,6 k €	+1.8%	140,2 k €	+46.0%	96 k €
EBITDA	293,8 k €	+8.7%	270,3 k €	+224%	83,5 k €	-41.2%	141,9 k €	+62.0%	87,6 k €	-38.3%	141,9 k €	+65.4%	85,8 k €	-15.6%	101,7 k €	-7.0%	109,4 k €	-17.2%	132 k €	+2.3%	129,1 k €	+8.9%	118,5 k €	+17.0%	101,3 k €	+31.4%	77 k €	+41.2%	54,6 k €	+48.1%	36,8 k €	-30.5%	53 k €	-11.9%	60,1 k €	+26.3%	47,6 k €
Operating result	150,8 k €	-10.2%	167,9 k €	+980%	15,6 k €	-78.3%	71,6 k €	+242%	20,9 k €	-70.4%	70,5 k €	+259%	19,6 k €	-26.1%	26,6 k €	-14.1%	30,9 k €	-70.8%	106,1 k €	+11.3%	95,3 k €	+39.1%	68,5 k €	+469%	-18,6 k €	-141%	45,6 k €	+115%	21,2 k €	+1148%	-2 k €	-111%	17,9 k €	-31.9%	26,3 k €	+78.5%	14,7 k €
Net result	81,1 k €	-15.7%	96,2 k €	+1476%	6,1 k €	-85.9%	43,2 k €	+268%	11,8 k €	-73.2%	43,9 k €	+178504%	24,6 €	-99.1%	2,8 k €	-76.0%	11,6 k €	+552%	-2,6 k €	-138%	6,7 k €	-84.1%	42 k €	+296%	-21,4 k €	-175%	28,6 k €	+108%	13,8 k €	+309%	-6,6 k €	-169%	9,6 k €	-39.3%	15,7 k €	+120%	7,2 k €
Balance sheet
Equity	530,5 k €	+18.0%	449,4 k €	+27.2%	353,2 k €	+1.8%	347,1 k €	+14.2%	303,9 k €	+4.0%	292,2 k €	+12.3%	260,2 k €	+0.0%	260,2 k €	+1.1%	257,4 k €	+4.7%	245,8 k €	-1.0%	248,4 k €	+2.8%	241,7 k €	+21.0%	199,8 k €	-9.7%	221,1 k €	+7.6%	205,4 k €	+0.4%	204,6 k €	-3.1%	211,1 k €	-1.6%	214,5 k €	+1.3%	211,6 k €
Total assets	1,3 M €	-5.8%	1,4 M €	+19.7%	1,1 M €	-17.6%	1,4 M €	-8.2%	1,5 M €	+8.5%	1,4 M €	+1.7%	1,4 M €	-0.2%	1,4 M €	+0.5%	1,4 M €	+7.8%	1,3 M €	+23.6%	1 M €	-0.6%	1 M €	+2.6%	998,9 k €	+79.3%	557 k €	+14.5%	486,4 k €	+8.1%	450,1 k €	+17.9%	381,6 k €	-18.5%	468,3 k €	+2.2%	458,3 k €
Cash	10,3 k €	-91.2%	117,4 k €	+4.1%	112,7 k €	+160%	43,3 k €	+32.0%	32,8 k €	+540%	5,1 k €	+86.7%	2,7 k €	-90.5%	28,8 k €	+112%	13,6 k €	+473%	2,4 k €	-91.0%	26,3 k €	-39.5%	43,6 k €	+12.0%	38,9 k €	-35.8%	60,6 k €	+3780%	1,6 k €	-79.6%	7,7 k €	+70.6%	4,5 k €	+120%	2 k €	-59.2%	5 k €
Debts	674,2 k €	-21.7%	860,8 k €	+14.5%	751,7 k €	-24.9%	1 M €	-14.2%	1,2 M €	+9.9%	1,1 M €	-0.8%	1,1 M €	-1.2%	1,1 M €	-0.5%	1,1 M €	+8.7%	1 M €	+31.9%	759,7 k €	-1.6%	772,2 k €	-2.0%	788,3 k €	+143%	325 k €	+19.5%	271,9 k €	+14.1%	238,3 k €	+44.3%	165,1 k €	-34.1%	250,7 k €	+2.2%	245,3 k €
Other
Workforce	3,2 ETP		–		–		5,2 ETP	-13.3%	6,0 ETP		–		–		–		–		2,8 ETP	-33.3%	4,2 ETP	+44.8%	2,9 ETP	-3.3%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	+50.0%	2,0 ETP	+42.9%	1,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 7 ended

Active mandates

Ann Mercken

Director

Active

Julie Mercken

Director

Active

Kristiane Indekeu

Director

Active

Wery Mercken

Director

Active

Ended mandates

Ann Mercken

Associate

Ended

KRISTIANE INDEKEU

Mandate

Ended

KRISTIANE INDEKEU

Managing director

Ended

KRISTIANE INDEKEU

Administrator - manager

Ended

At this address

Other companies at this address

Company	CBE no.
Mercken Accountants● Active	0870.678.433
Mercken Bedrijfsrevisoren● Active	0453.107.685

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Micro model	Micro model	Abridged model	Abridged model	Micro 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	07/10/2025	11/10/2024	24/10/2023	14/12/2022	29/10/2021	30/11/2020
General meeting	31/08/2025	30/09/2024	15/09/2023	23/09/2022	30/09/2021	08/09/2020
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	31/08/2025	07/10/2025	Dutch	PDF
Micro model	31/12/2023	30/09/2024	11/10/2024	Dutch	PDF
Micro model	31/12/2022	15/09/2023	24/10/2023	Dutch	PDF
Abridged model	31/12/2021	23/09/2022	14/12/2022	Dutch	PDF
Abridged model	31/12/2020	30/09/2021	29/10/2021	Dutch	PDF
Micro model	31/12/2019	08/09/2020	30/11/2020	Dutch	PDF
Micro model	31/12/2018	03/06/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	04/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	31/08/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	31/08/2016	30/09/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	26/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	21/06/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	10/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	25/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	30/09/2008	Dutch	PDF
Abridged model	31/12/2006	28/06/2007	31/08/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 7 ended

Active mandates

Ann Mercken

Director

Active

Julie Mercken

Director

Active

Kristiane Indekeu

Director

Active

Wery Mercken

Director

Active

Ended mandates

Ann Mercken

Associate

Ended

KRISTIANE INDEKEU

Mandate

Ended

KRISTIANE INDEKEU

Managing director

Ended

KRISTIANE INDEKEU

Administrator - manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office25/01/2016
MAATSCHAPPELIJKE ZETEL - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/06/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/12/2004
BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 202481,1 k €↓
2023
Annual accounts 202396,2 k €↑
2022
Annual accounts 20226,1 k €↓
2021
Annual accounts 202143,2 k €↑
2020
Annual accounts 202011,8 k €↓
2019
Annual accounts 201943,9 k €↑
2018
Annual accounts 201824,6 €↓
2017
Annual accounts 20172,8 k €↓
2016
Annual accounts 201611,6 k €↑
2015
Annual accounts 2015-2,6 k €↓
2014
Annual accounts 20146,7 k €↓
2013
Annual accounts 201342 k €↑
2012
Annual accounts 2012-21,4 k €↓
2011
Annual accounts 201128,6 k €↑
2010
Annual accounts 201013,8 k €↑
2009
Annual accounts 2009-6,6 k €↓
2008
Annual accounts 20089,6 k €↓
2007
Annual accounts 200715,7 k €↑
2006
Annual accounts 20067,2 k €
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

RESEA

Overview

What does RESEA 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