ACTIVE

BENOIT NIBELLE AVOCAT

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Financial year 2025 · closed on 31/12/2025

Net result

341,8 k €

+54.3% YoY

Gross margin

354,8 k €

+35.1% YoY

Equity

4,5 M €

+8.1% YoY

What does BENOIT NIBELLE AVOCAT do?

BENOIT NIBELLE AVOCAT is a Private company with limited liability incorporated in 1995. Its main activity is: Management consultancy activities. Its registered office is in Watermael-Boitsfort.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.593.657

Incorporation

29/06/1995

Legal form

Private company with limited liability

Registered office

Chaussée de La Hulpe 150
1170 Watermael-Boitsfort · BruxellesSee on map

Contributed capital

636 433,00 €

Latest accounts

31/12/2025

Activities (NACE)

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

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2011		2010		2009		2008		2007
Income statement
Gross margin	354,8 k €	+35.1%	262,6 k €	-41.9%	452,2 k €	+0.1%	451,5 k €	-13.7%	522,9 k €	-7.8%	567 k €	-6.9%	609,2 k €	-8.3%	664,4 k €	+11.4%	596,6 k €	-35.6%	926,5 k €	+53.3%	604,3 k €	-22.8%	783,3 k €	-0.2%	784,6 k €	-1.5%	796,9 k €	-48.4%	1,5 M €	+220%	482,8 k €	+7.7%	448,1 k €	+23.7%	362,3 k €
EBITDA	341,9 k €	+36.4%	250,6 k €	-36.0%	391,5 k €	-5.4%	413,7 k €	-7.9%	449,2 k €	-16.3%	536,5 k €	-4.8%	563,8 k €	-11.1%	633,9 k €	+13.7%	557,6 k €	-38.0%	899,9 k €	+54.3%	583,4 k €	-23.7%	764,9 k €	-0.6%	769,6 k €	+0.7%	764,2 k €	-47.8%	1,5 M €	+219%	458,9 k €	+6.4%	431,4 k €	+27.0%	339,6 k €
Operating result	311,9 k €	+41.2%	220,9 k €	-38.5%	359 k €	+1.9%	352,3 k €	-9.4%	388,7 k €	-16.3%	464,7 k €	-5.1%	489,8 k €	-12.4%	559 k €	+11.9%	499,7 k €	-40.7%	843,2 k €	+59.8%	527,5 k €	-25.5%	708,2 k €	-0.6%	712,5 k €	+3.1%	691,1 k €	-45.0%	1,3 M €	+230%	380,2 k €	-2.4%	389,5 k €	+41.0%	276,1 k €
Net result	341,8 k €	+54.3%	221,5 k €	-57.0%	514,9 k €	+87.4%	274,8 k €	-32.2%	405 k €	+28.1%	316 k €	+1.2%	312,4 k €	-27.6%	431,7 k €	-3.4%	446,8 k €	-24.9%	594,6 k €	+53.2%	388,1 k €	-24.9%	516,7 k €	+0.5%	514 k €	-7.5%	555,6 k €	-30.4%	798,8 k €	+204%	262,6 k €	+1.6%	258,4 k €	-15.7%	306,6 k €
Balance sheet
Equity	4,5 M €	+8.1%	4,2 M €	+5.6%	4 M €	+14.9%	3,5 M €	+2.2%	3,4 M €	-2.7%	3,5 M €	-5.0%	3,7 M €	-15.8%	4,4 M €	-1.5%	4,4 M €	-1.2%	4,5 M €	+15.3%	3,9 M €	+11.1%	3,5 M €	+17.4%	3 M €	+18.7%	2,5 M €	+28.5%	1,9 M €	+48.8%	1,3 M €	+25.1%	1 M €	+30.3%	804,3 k €
Total assets	4,8 M €	+9.6%	4,4 M €	+2.9%	4,3 M €	+10.0%	3,9 M €	+8.8%	3,6 M €	-14.5%	4,2 M €	-4.9%	4,4 M €	-3.3%	4,5 M €	-2.0%	4,6 M €	-3.5%	4,8 M €	+13.3%	4,2 M €	+6.1%	4 M €	+9.9%	3,6 M €	-0.5%	3,6 M €	+15.8%	3,2 M €	+19.7%	2,6 M €	+50.9%	1,7 M €	+11.3%	1,6 M €
Cash	1,2 M €	+316%	286 k €	-67.3%	873,6 k €	-47.2%	1,7 M €	-8.1%	1,8 M €	-31.4%	2,6 M €	-8.0%	2,9 M €	+7.1%	2,7 M €	-10.9%	3 M €	+13.5%	2,6 M €	+44.6%	1,8 M €	+43.1%	1,3 M €	+4.8%	1,2 M €	+71.2%	709 k €	-16.8%	852,3 k €	+19.3%	714,6 k €	+102%	354,6 k €	+23.0%	288,3 k €
Debts	189,9 k €	+59.3%	119,2 k €	-45.3%	217,9 k €	-48.2%	420,9 k €	+131%	182,4 k €	-73.6%	691,2 k €	-4.3%	722,2 k €	+288%	185,9 k €	-11.1%	209,2 k €	-35.1%	322,2 k €	-8.8%	353,1 k €	-24.1%	465,1 k €	-25.3%	622,8 k €	-33.4%	935,2 k €	-10.5%	1 M €	-11.5%	1,2 M €	+109%	564,2 k €	-12.1%	642 k €
Other
Workforce	–		–		–		1,0 ETP	0.0%	1,0 ETP	+233%	0,3 ETP		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

Benoît NIBELLE

Director

Active

Ended mandates

Elena GALEA

Director · since 01 juillet 2013 · until 30 septembre 2020

Ended

Elena GALEA

Director · since 01 juillet 2013 · until 31 octobre 2020

Ended

Elena GALEA

Manager · since 01 juillet 2013

Ended

Anne CALICIS

Manager · since 01 juillet 2009 · until 30 juin 2011

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro 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	27/08/2026	28/08/2025	30/09/2024	08/10/2023	12/10/2022	28/10/2021
General meeting	21/08/2026	27/08/2025	28/09/2024	29/09/2023	10/10/2022	25/10/2021
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	21/08/2026	27/08/2026	French	PDF
Micro model	31/12/2024	27/08/2025	28/08/2025	French	PDF
Micro model	31/12/2023	28/09/2024	30/09/2024	French	PDF
Abridged model	31/12/2022	29/09/2023	08/10/2023	French	PDF
Abridged model	31/12/2021	10/10/2022	12/10/2022	French	PDF
Abridged model	31/12/2020	25/10/2021	28/10/2021	French	PDF
Abridged model	31/12/2019	05/11/2020	09/11/2020	French	PDF
Abridged model	31/12/2018	03/10/2019	11/10/2019	French	PDF
Abridged model	31/12/2017	14/09/2018	26/09/2018	French	PDF
Abridged model	31/12/2016	24/09/2017	29/09/2017	French	PDF
Abridged model	31/12/2015	22/09/2016	25/09/2016	French	PDF
Abridged model	31/12/2014	13/10/2015	14/10/2015	French	PDF
Abridged model	31/12/2013	30/09/2014	13/10/2014	French	PDF
Abridged model	31/12/2012	10/06/2013	30/09/2013	French	PDF
Abridged modelCorrection	31/12/2011	26/10/2012	31/10/2012	French	PDF
Abridged model	31/12/2011	26/10/2012	29/10/2012	French	PDF
Abridged model	31/12/2010	31/10/2011	17/11/2011	French	PDF
Abridged model	30/06/2009	12/02/2010	15/02/2010	French	PDF
Abridged model	30/06/2008	14/05/2009	27/05/2009	French	PDF
Abridged model	30/06/2007	10/03/2008	27/03/2008	French	PDF
Abridged model	30/06/2006	30/04/2007	30/04/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/12/2025 · 1 active · 6 ended

Active mandates

Benoît NIBELLE

Director

Active

Ended mandates

Elena GALEA

Director · since 01 juillet 2013 · until 30 septembre 2020

Ended

Elena GALEA

Director · since 01 juillet 2013 · until 31 octobre 2020

Ended

Elena GALEA

Manager · since 01 juillet 2013

Ended

Anne CALICIS

Manager · since 01 juillet 2009 · until 30 juin 2011

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/11/2020
DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
PDF
Registered office03/10/2018
SIEGE SOCIAL
PDF
Registered office24/07/2018
SIEGE SOCIAL
PDF
Capital / shares17/02/2014
CAPITAL, ACTIONS
PDF
Mandates01/08/2013
DEMISSIONS, NOMINATIONS
PDF
Capital / shares31/01/2013
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares14/11/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates02/08/2011
DEMISSIONS, NOMINATIONS
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 2025341,8 k €↑
2024
Annual accounts 2024221,5 k €↓
2023
Annual accounts 2023514,9 k €↑
2022
Annual accounts 2022274,8 k €↓
2021
Annual accounts 2021405 k €↑
2020
Annual accounts 2020316 k €↑
2019
Annual accounts 2019312,4 k €↓
2018
Annual accounts 2018431,7 k €↓
2017
Annual accounts 2017446,8 k €↓
2016
Annual accounts 2016594,6 k €↑
2015
Annual accounts 2015388,1 k €↓
2014
Annual accounts 2014516,7 k €↑
2013
Annual accounts 2013514 k €↓
2011
Annual accounts 2011555,6 k €↓
2010
Annual accounts 2010798,8 k €↑
2009
Annual accounts 2009262,6 k €↑
2008
Annual accounts 2008258,4 k €↓
2007
Annual accounts 2007306,6 k €
29/06/1995
IncorporationPrivate company with limited liability

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

BENOIT NIBELLE AVOCAT

Overview

What does BENOIT NIBELLE AVOCAT do?

Trend over 18 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