A + E
0456.503.774 · rovalta.com · 21/09/2026
ACTIVE
A + E
Financial year 2025 · closed on 31/12/2025
Net result
11,3 k €
+269.6% YoY
Gross margin
21,8 k €
+5.7% YoY
Equity
119,7 k €
+10.4% YoY
Overview
What does A + E do?
A + E is a Private limited company incorporated in 1995. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0456.503.774
Incorporation
16/11/1995
Legal form
Private limited company
Registered office
Rue de la Fusée 62
1130 Bruxelles · BruxellesSee on map
1130 Bruxelles · BruxellesSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Activities (NACE)
Joint committees (1)
- 218
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
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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 | 21,8 k € | +5.7% | 20,7 k € | +44.5% | 14,3 k € | -54.2% | 31,2 k € | -25.3% | 41,9 k € | +40.1% | 29,9 k € | -30.6% | 43,1 k € | +46.5% | 29,4 k € | +9.3% | 26,9 k € | -85.9% | 191,4 k € | +525% | 30,6 k € | +128% | -110,8 k € | -294% | 57,1 k € | -4.1% | 59,6 k € | +9.0% | 54,7 k € | -40.4% | 91,7 k € | +82.0% | 50,4 k € | +3.8% | 48,6 k € | +3.4% | 47,0 k € | -58.1% | 112,0 k € |
| EBITDA | 21,8 k € | +10.5% | 19,7 k € | +47.6% | 13,3 k € | -56.1% | 30,4 k € | -25.9% | 41,0 k € | +41.3% | 29,0 k € | -2.3% | 29,7 k € | +4.1% | 28,5 k € | +9.6% | 26,0 k € | -86.3% | 190,5 k € | +543% | 29,7 k € | +127% | -111,7 k € | -299% | 56,2 k € | -4.1% | 58,6 k € | +28.0% | 45,8 k € | -31.1% | 66,5 k € | +36.5% | 48,7 k € | +1.5% | 48,0 k € | +3.1% | 46,5 k € | -32.8% | 69,2 k € |
| Operating result | 21,8 k € | +10.5% | 19,7 k € | +47.6% | 13,3 k € | -56.1% | 30,4 k € | -25.9% | 41,0 k € | +41.3% | 29,0 k € | -2.3% | 29,7 k € | +28.1% | 23,2 k € | +12.0% | 20,7 k € | -88.8% | 184,7 k € | +675% | 23,8 k € | +120% | -117,5 k € | -311% | 55,7 k € | -4.9% | 58,6 k € | +28.0% | 45,8 k € | -31.1% | 66,5 k € | +36.7% | 48,6 k € | +1.6% | 47,8 k € | +13.3% | 42,2 k € | -33.6% | 63,5 k € |
| Net result | 11,3 k € | +270% | 3,1 k € | +101% | -446,7 k € | -2493% | 18,7 k € | -9.7% | 20,7 k € | -1.9% | 21,1 k € | +12.4% | 18,7 k € | +6.6% | 17,6 k € | -90.1% | 176,9 k € | +16.9% | 151,4 k € | +325% | -67,2 k € | +53.6% | -145,0 k € | -144% | 331,7 k € | +1593% | 19,6 k € | -92.4% | 256,3 k € | +783% | 29,0 k € | -90.3% | 300,3 k € | +2752% | 10,5 k € | -66.9% | 31,9 k € | -40.0% | 53,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 119,7 k € | +10.4% | 108,4 k € | +2.9% | 105,4 k € | -80.9% | 552,0 k € | +3.5% | 533,4 k € | +4.0% | 512,7 k € | +4.3% | 491,6 k € | +4.0% | 472,9 k € | +0.5% | 470,3 k € | -36.7% | 743,4 k € | +25.6% | 592,1 k € | -10.2% | 659,3 k € | -18.0% | 804,2 k € | +34.8% | 596,5 k € | +2.3% | 582,9 k € | +33.8% | 435,7 k € | +1.9% | 427,6 k € | +236% | 127,4 k € | +9.0% | 116,8 k € | +16.9% | 100,0 k € |
| Total assets | 393,6 k € | -10.2% | 438,2 k € | -4.2% | 457,5 k € | -54.8% | 1,0 M € | +6.0% | 955,7 k € | -0.3% | 958,8 k € | -2.5% | 983,8 k € | -6.7% | 1,1 M € | -39.2% | 1,7 M € | +49.4% | 1,2 M € | +1.0% | 1,1 M € | -17.7% | 1,4 M € | -18.3% | 1,7 M € | +71.7% | 995,4 k € | -3.2% | 1,0 M € | +3.5% | 992,9 k € | -2.6% | 1,0 M € | +5.1% | 970,1 k € | +55.5% | 624,0 k € | +201% | 207,1 k € |
| Cash | 678,0 € | -69.7% | 2,2 k € | -66.6% | 6,7 k € | -33.3% | 10,0 k € | -13.6% | 11,6 k € | -20.9% | 14,7 k € | +14.8% | 12,8 k € | +110% | 6,1 k € | -69.2% | 19,8 k € | +117% | 9,1 k € | -42.8% | 16,0 k € | +67.5% | 9,5 k € | -97.9% | 452,4 k € | +6407% | 7,0 k € | +157% | 2,7 k € | -85.2% | 18,2 k € | -61.6% | 47,5 k € | +228% | 14,5 k € | -80.6% | 74,5 k € | +1076% | 6,3 k € |
| Debts | 273,9 k € | -16.9% | 329,7 k € | -6.4% | 352,2 k € | -23.6% | 461,0 k € | +9.2% | 422,4 k € | -5.3% | 446,1 k € | -9.4% | 492,2 k € | -15.4% | 582,1 k € | -53.9% | 1,3 M € | +203% | 417,4 k € | -25.2% | 557,7 k € | -24.4% | 737,5 k € | -18.5% | 904,9 k € | +127% | 398,8 k € | -10.4% | 445,1 k € | -20.1% | 557,3 k € | -5.9% | 592,0 k € | -29.8% | 842,8 k € | +66.2% | 507,2 k € | +374% | 107,1 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0,1 ETP | -87.5% | 0,8 ETP | – | – | – | 0,9 ETP | ||||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active
Active mandates
MICHEL LIETART
ActiveAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
| 0850.605.767 | |
| 0670.612.567 | |
Service Media - Animation● Active | 0412.506.950 |
Financials
Annual accounts
Full financial information
| 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 | 24/06/2026 | 04/06/2025 | 07/06/2024 | 22/08/2023 | 25/06/2022 | 21/06/2021 |
| General meeting | 03/06/2026 | 04/06/2025 | 05/06/2024 | 07/06/2023 | 01/06/2022 | 02/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 03/06/2026 | 24/06/2026 | French | |
| Abridged model | 31/12/2024 | 04/06/2025 | 04/06/2025 | French | |
| Abridged model | 31/12/2023 | 05/06/2024 | 07/06/2024 | French | |
| Abridged model | 31/12/2022 | 07/06/2023 | 22/08/2023 | French | |
| Abridged model | 31/12/2021 | 01/06/2022 | 25/06/2022 | French | |
| Abridged model | 31/12/2020 | 02/06/2021 | 21/06/2021 | French | |
| Abridged model | 31/12/2019 | 02/09/2020 | 10/09/2020 | French | |
| Abridged model | 31/12/2018 | 05/06/2019 | 27/08/2019 | French | |
| Abridged model | 31/12/2017 | 06/06/2018 | 27/08/2018 | French | |
| Micro model | 31/12/2016 | 07/06/2017 | 24/08/2017 | French | |
| Abridged model | 31/12/2015 | 01/06/2016 | 30/08/2016 | French | |
| Abridged model | 31/12/2014 | 03/06/2015 | 19/08/2015 | French | |
| Abridged model | 31/12/2013 | 04/06/2014 | 04/06/2014 | French | |
| Abridged model | 31/12/2012 | 05/06/2013 | 30/08/2013 | French | |
| Abridged model | 31/12/2011 | 06/06/2012 | 27/08/2012 | French | |
| Abridged model | 31/12/2010 | 01/06/2011 | 16/08/2011 | French | |
| Abridged model | 31/12/2009 | 06/02/2010 | 03/06/2010 | French | |
| Abridged model | 31/12/2008 | 03/06/2009 | 17/06/2009 | French | |
| Abridged model | 31/12/2007 | 04/06/2008 | 12/08/2008 | French | |
| Abridged model | 31/12/2006 | 05/06/2007 | 11/09/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active
Active mandates
MICHEL LIETART
ActiveShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202511,3 k €↑
- 2024Annual accounts 20243,1 k €↑
- 2023Annual accounts 2023-446,7 k €↓
- 2022Annual accounts 202218,7 k €↓
- 2021Annual accounts 202120,7 k €↓
- 2020Annual accounts 202021,1 k €↑
- 2019Annual accounts 201918,7 k €↑
- 2018Annual accounts 201817,6 k €↓
- 2017Annual accounts 2017176,9 k €↑
- 2016Annual accounts 2016151,4 k €↑
- 2015Annual accounts 2015-67,2 k €↑
- 2014Annual accounts 2014-145,0 k €↓
- 2013Annual accounts 2013331,7 k €↑
- 2012Annual accounts 201219,6 k €↓
- 2011Annual accounts 2011256,3 k €↑
- 2010Annual accounts 201029,0 k €↓
- 2009Annual accounts 2009300,3 k €↑
- 2008Annual accounts 200810,5 k €↓
- 2007Annual accounts 200731,9 k €↓
- 2006Annual accounts 200653,1 k €
- 16/11/1995IncorporationPrivate limited company