ACTIVE

INITIATEL

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Financial year 2025 · Closed on 31/12/2025

Net result27,4 k €+924,8 %over 1 year
Revenue120,5 k €+44,8 %over 1 year
Equity60,2 k €+83,4 %over 1 year

Identity

Source · BCE/KBO

INITIATEL is a Private limited company incorporated in 1995. Its main activity is: Management consultancy activities. Its registered office is in Chaudfontaine.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0458.002.623
Incorporation
15/05/1995
Legal form
Private limited company
Registered office
Route de Beaufays 59
4050 Chaudfontaine · WallonieSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue120,5 k €83,2 k €85,7 k €87,8 k €90,8 k €
EBITDA45,4 k €9,5 k €15,8 k €16,4 k €21,1 k €
Operating result40,7 k €4,7 k €11,7 k €11,4 k €16,6 k €
Net result27,4 k €2,7 k €8,2 k €15,4 k €12,4 k €
Balance sheet
Equity60,2 k €32,8 k €32,6 k €28,5 k €179,2 k €
Total assets64,7 k €36,8 k €39,5 k €33,6 k €244,3 k €
Cash6,4 k €15,6 k €12 k €6,7 k €210 k €
Debts4,6 k €4 k €6,9 k €5,2 k €65,2 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

Bernard GENDEBIEN

Mandate

Active
Katia Noppe

Mandate

Active

Ended mandates

Bernard Gendebien

Director · since 01 mars 2017

Ended
Katia NOPPE

Director · since 03 mai 2012

Ended
Bernard Gendebien

Director · since 15 mai 1996 · until 03 mai 2012

Ended
Bernard Gendebien

Director

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/05/202621/05/202527/05/202418/05/202321/05/202220/05/2021
General meeting20/05/202621/05/202515/05/202417/05/202318/05/202219/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202520/05/202620/05/2026FrenchPDF
Abridged model31/12/202421/05/202521/05/2025FrenchPDF
Abridged model31/12/202315/05/202427/05/2024FrenchPDF
Abridged model31/12/202217/05/202318/05/2023FrenchPDF
Abridged model31/12/202118/05/202221/05/2022FrenchPDF
Abridged model31/12/202019/05/202120/05/2021FrenchPDF
Abridged model31/12/201930/05/202030/05/2020FrenchPDF
Abridged model31/12/201825/05/201925/05/2019FrenchPDF
Abridged model31/12/201726/05/201827/05/2018FrenchPDF
Abridged model31/12/201627/05/201705/06/2017FrenchPDF
Abridged model31/12/201528/05/201629/05/2016FrenchPDF
Abridged model31/12/201430/05/201501/06/2015FrenchPDF
Abridged model31/12/201331/05/201401/06/2014FrenchPDF
Abridged model31/12/201225/05/201331/05/2013FrenchPDF
Abridged model31/12/201126/05/201226/05/2012FrenchPDF
Abridged model31/12/201028/05/201119/06/2011FrenchPDF
Abridged model31/12/200929/05/201021/06/2010FrenchPDF
Abridged model31/12/200830/05/200913/06/2009FrenchPDF
Abridged model31/12/200731/05/200818/06/2008FrenchPDF
Abridged model31/12/200626/05/200720/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

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

2 active · 4 ended

Active mandates

Bernard GENDEBIEN

Mandate

Active
Katia Noppe

Mandate

Active

Ended mandates

Bernard Gendebien

Director · since 01 mars 2017

Ended
Katia NOPPE

Director · since 03 mai 2012

Ended
Bernard Gendebien

Director · since 15 mai 1996 · until 03 mai 2012

Ended
Bernard Gendebien

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates02/10/2020
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/02/2017
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202527,4 k €↑
  2. 2024
    Annual accounts 20242,7 k €↓
  3. 2023
    Annual accounts 20238,2 k €↓
  4. 2022
    Annual accounts 202215,4 k €↑
  5. 2021
    Annual accounts 202112,4 k €↑
  6. 2020
    Annual accounts 20204,4 k €↓
  7. 2019
    Annual accounts 201967,8 k €↑
  8. 2018
    Annual accounts 201857,8 k €↓
  9. 2017
    Annual accounts 2017124,6 k €↑
  10. 2016
    Annual accounts 201614,9 k €↑
  11. 2015
    Annual accounts 201514,6 k €↑
  12. 2014
    Annual accounts 201411,1 k €↓
  13. 2013
    Annual accounts 201312,6 k €↑
  14. 2012
    Annual accounts 20125,6 k €↑
  15. 2011
    Annual accounts 2011-239,5 €↑
  16. 2010
    Annual accounts 2010-239,7 €↑
  17. 2009
    Annual accounts 2009-244 €↑
  18. 2008
    Annual accounts 2008-1 k €↓
  19. 2007
    Annual accounts 2007-996,4 €↓
  20. 2006
    Annual accounts 2006529,1 €
  21. 15/05/1995
    IncorporationPrivate limited company