ACTIVE

Advisors for Tourism, Hospitality, Leisure and Sports

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Financial year 2025 · closed on 31/12/2025

Net result

5,6 k €

-70.9% YoY

Gross margin

47,7 k €

-32.1% YoY

Equity

139,1 k €

+4.2% YoY

What does Advisors for Tourism, Hospitality, Leisure and Sports do?

Advisors for Tourism, Hospitality, Leisure and Sports is a Private limited company incorporated in 1996. Its main activity is: Agents involved in the sale of a variety of goods. Its registered office is in Herentals.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0458.727.549

Incorporation

03/09/1996

Legal form

Private limited company

Registered office

St.-Bavostraat(NDW) 36
2200 Herentals · Flandre

Contributed capital

18 592,00 €

Latest accounts

31/12/2025

Activities (NACE)

46190Agents involved in the sale of a variety of goods· main 46190Agents involved in the sale of a variety of goods 51190Passenger air transport 46499Wholesale of other household goods 46499Wholesale of other household goods 51478Air transport+3

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	47,7 k €	-32.1%	70,2 k €	+2.4%	68,6 k €	+28.2%	53,5 k €	+0.6%	53,1 k €	+24.3%	42,8 k €	+61.6%	26,5 k €	+31.5%	20,1 k €	-58.6%	48,6 k €	+143%	20 k €	-28.4%	27,9 k €	+2443%	1,1 k €	-74.1%	4,2 k €	+198%	-4,3 k €	-108%	53,1 k €	+358%	11,6 k €	+6.5%	10,9 k €	-70.7%	37,2 k €
EBITDA	44,1 k €	-30.1%	63,1 k €	-1.8%	64,3 k €	+33.4%	48,2 k €	-3.0%	49,7 k €	+20.6%	41,2 k €	+66.1%	24,8 k €	+36.7%	18,1 k €	-60.3%	45,7 k €	+166%	17,2 k €	-33.2%	25,7 k €	+5950%	-439,8 €	-116%	2,8 k €	+157%	-4,8 k €	-109%	52,6 k €	+372%	11,1 k €	+7.1%	10,4 k €	-53.5%	22,3 k €
Operating result	10 k €	-72.1%	35,7 k €	-16.4%	42,8 k €	+51.0%	28,3 k €	+33.4%	21,2 k €	-42.4%	36,8 k €	+80.5%	20,4 k €	+45.0%	14,1 k €	-65.3%	40,5 k €	+260%	11,3 k €	-49.9%	22,5 k €	+811%	-3,2 k €	+32.1%	-4,7 k €	+59.8%	-11,6 k €	-125%	47 k €	+691%	5,9 k €	+14.2%	5,2 k €	-75.5%	21,2 k €
Net result	5,6 k €	-70.9%	19,3 k €	-24.0%	25,4 k €	+68.0%	15,1 k €	+46.6%	10,3 k €	-59.2%	25,3 k €	+104%	12,4 k €	+49.8%	8,3 k €	-65.7%	24,2 k €	+287%	6,2 k €	-61.3%	16,1 k €	+452%	-4,6 k €	+56.9%	-10,6 k €	+28.8%	-14,9 k €	-313%	7 k €	+19.7%	5,8 k €	+12.6%	5,2 k €	-75.5%	21,1 k €
Balance sheet
Equity	139,1 k €	+4.2%	133,5 k €	+16.9%	114,2 k €	+28.7%	88,8 k €	+20.6%	73,6 k €	-30.6%	106 k €	+30.1%	81,5 k €	+18.0%	69,1 k €	+13.6%	60,8 k €	+65.9%	36,7 k €	+20.5%	30,4 k €	+113%	14,3 k €	-24.2%	18,9 k €	-36.0%	29,5 k €	-33.6%	44,4 k €	+18.7%	37,4 k €	+18.5%	31,5 k €	+19.6%	26,4 k €
Total assets	383,6 k €	-8.1%	417,5 k €	-4.0%	434,8 k €	+4.2%	417,4 k €	-9.4%	460,5 k €	+181%	164,1 k €	+23.6%	132,8 k €	+13.9%	116,6 k €	+0.8%	115,6 k €	+30.7%	88,4 k €	+41.0%	62,7 k €	+57.2%	39,9 k €	-42.3%	69,2 k €	+3.7%	66,7 k €	-67.9%	207,8 k €	+3.0%	201,7 k €	-9.9%	223,9 k €	-10.2%	249,3 k €
Cash	97,2 k €	+202%	32,2 k €	-83.8%	198,7 k €	+43.0%	139 k €	+5.1%	132,2 k €	+43.5%	92,1 k €	-1.4%	93,4 k €	+84.5%	50,6 k €	-25.8%	68,2 k €	+1213%	5,2 k €	-82.3%	29,3 k €	+114%	13,7 k €	+115%	6,4 k €	+194%	2,2 k €	-92.8%	30,1 k €	-20.0%	37,6 k €	+34.0%	28,1 k €	-53.2%	60 k €
Debts	244,4 k €	-13.9%	284 k €	-11.4%	320,6 k €	-2.4%	328,6 k €	-15.1%	386,9 k €	+567%	58 k €	+13.2%	51,3 k €	+8.0%	47,5 k €	-13.3%	54,8 k €	+5.8%	51,8 k €	+60.2%	32,3 k €	+26.2%	25,6 k €	-49.1%	50,3 k €	+35.2%	37,2 k €	-77.2%	163,4 k €	-0.6%	164,4 k €	-14.6%	192,4 k €	-13.7%	222,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Filip NICASI

Director · since 01 avril 1998

Active

Ended mandates

Filip Nicasi

Mandate

Ended

Filip NICASI

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	28/07/2026	30/07/2025	26/06/2024	02/08/2023	29/07/2022	10/06/2021
General meeting	30/06/2026	30/06/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
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	30/06/2026	28/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	30/07/2025	Dutch	PDF
Micro model	31/12/2023	31/05/2024	26/06/2024	Dutch	PDF
Micro model	31/12/2022	26/05/2023	02/08/2023	Dutch	PDF
Micro model	31/12/2021	27/05/2022	29/07/2022	Dutch	PDF
Micro model	31/12/2020	28/05/2021	10/06/2021	Dutch	PDF
Micro model	31/12/2019	29/05/2020	25/08/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	25/07/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	12/06/2018	Dutch	PDF
Micro model	31/12/2016	26/05/2017	29/06/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	25/08/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	15/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	20/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	28/06/2012	Dutch	PDF
Abridged model	31/12/2010	24/05/2011	27/10/2011	Dutch	PDF
Abridged modelCorrection	31/12/2009	24/05/2010	29/09/2010	Dutch	PDF
Abridged model	31/12/2009	24/05/2010	23/08/2010	Dutch	PDF
Abridged model	31/12/2008	25/05/2009	28/07/2009	Dutch	PDF
Abridged model	31/12/2007	26/05/2008	01/12/2008	Dutch	PDF
Abridged model	31/12/2006	28/05/2007	28/08/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Filip NICASI

Director · since 01 avril 1998

Active

Ended mandates

Filip Nicasi

Mandate

Ended

Filip NICASI

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/12/2022
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/11/2003
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

2025
Annual accounts 20255,6 k €↓
2024
Annual accounts 202419,3 k €↓
2023
Annual accounts 202325,4 k €↑
2022
Annual accounts 202215,1 k €↑
2021
Annual accounts 202110,3 k €↓
2018
Annual accounts 201825,3 k €↑
2017
Annual accounts 201712,4 k €↑
2016
Annual accounts 20168,3 k €↓
2015
Annual accounts 201524,2 k €↑
2014
Annual accounts 20146,2 k €↓
2013
Annual accounts 201316,1 k €↑
2012
Annual accounts 2012-4,6 k €↑
2011
Annual accounts 2011-10,6 k €↑
2010
Annual accounts 2010-14,9 k €↓
2009
Annual accounts 20097 k €↑
2008
Annual accounts 20085,8 k €↑
2007
Annual accounts 20075,2 k €↓
2006
Annual accounts 200621,1 k €
03/09/1996
IncorporationPrivate 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

Advisors for Tourism, Hospitality, Leisure and Sports

Overview

What does Advisors for Tourism, Hospitality, Leisure and Sports do?

Trend over 18 financial years

Indicative valuation

Board of directors

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