ACTIVE

647 ACTIVATIONS

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Financial year 2025 · closed on 31/12/2025

Net result

-101,3 k €

-205.4% YoY

Gross margin

208,1 k €

-53.9% YoY

Equity

3 M €

-3.3% YoY

Workforce

0,5 ETP

-50.0% YoY

What does 647 ACTIVATIONS do?

647 ACTIVATIONS is a Public limited company incorporated in 1996. Its main activity is: Management consultancy activities. Its registered office is in Vilvoorde. It employs on average 0,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0458.805.941

Incorporation

25/09/1996

Legal form

Public limited company

Registered office

Schaarbeeklei 647
1800 Vilvoorde · FlandreSee on map

Contributed capital

68 163,00 €

Latest accounts

31/12/2025

Average workforce

0,5 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74401Other professional, scientific and technical activities 82100Office administrative and support activities 82110Combined office administrative service activities 73110Advertising agencies+1

Joint committees (2)

Signals

Solid equityLow riskGood liquidityPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	208,1 k €	-53.9%	451,2 k €	+8.0%	417,9 k €		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	44,1 k €	-85.1%	296,6 k €	-2.0%	302,5 k €	-16.3%	361,4 k €	+39.9%	258,4 k €	+240%	75,9 k €	-84.0%	473,6 k €	-58.6%	1,1 M €	+121%	-5,5 M €	-2003%	287,3 k €	-32.9%	428,3 k €	+3373%	-13,1 k €	-109%	140,9 k €	-75.4%	572,4 k €	+392%	-195,9 k €	+97.0%	-6,6 M €
Operating result	-29,1 k €	-125%	117,2 k €	-56.8%	271,4 k €	-20.2%	340,1 k €	+44.5%	235,4 k €	+341%	53,3 k €	-86.9%	408,3 k €	-60.9%	1 M €	+119%	-5,6 M €	-5722%	98,9 k €	-27.8%	137 k €	+164%	-214,6 k €	+37.2%	-341,5 k €	-259%	215,4 k €	+142%	-514,3 k €	+92.7%	-7 M €
Net result	-101,3 k €	-205%	96,1 k €	-61.7%	250,7 k €	-23.7%	328,5 k €	+50.1%	218,9 k €	+537%	34,4 k €	-90.5%	361,3 k €	-63.6%	992,9 k €	+120%	-5 M €	-315%	2,3 M €	+2979%	75,3 k €	+120%	-371,3 k €	+36.2%	-582,4 k €	-3424%	17,5 k €	+102%	-776,5 k €	-109%	8,2 M €
Balance sheet
Equity	3 M €	-3.3%	3,1 M €	+3.2%	3 M €	+9.1%	2,8 M €	+13.5%	2,4 M €	+9.9%	2,2 M €	+1.6%	2,2 M €	+19.9%	1,8 M €	+120%	825,9 k €	-85.8%	5,8 M €	+65.5%	3,5 M €	+2.2%	3,4 M €	-58.0%	8,2 M €	-6.7%	8,8 M €	+0.2%	8,8 M €	-8.2%	9,5 M €
Total assets	4,2 M €	+11.2%	3,7 M €	-13.0%	4,3 M €	+14.3%	3,8 M €	+18.0%	3,2 M €	+10.8%	2,9 M €	-4.0%	3 M €	+3.2%	2,9 M €	+3.7%	2,8 M €	-64.5%	7,9 M €	+31.6%	6 M €	+20.1%	5 M €	-49.8%	9,9 M €	+7.5%	9,2 M €	-35.2%	14,2 M €	-5.2%	15 M €
Cash	120,6 k €	-75.2%	486,1 k €	+55.9%	311,9 k €	+13.8%	274 k €	+142%	113,2 k €	+148%	45,6 k €	-82.2%	257 k €	+11.8%	229,8 k €	+253%	65,1 k €	-32.3%	96,1 k €	-78.8%	452,5 k €	+2529%	17,2 k €	-91.2%	195,6 k €	+0.2%	195,2 k €	+83.1%	106,6 k €	+112%	50,3 k €
Debts	1,1 M €	+82.7%	627,9 k €	-51.0%	1,3 M €	+28.6%	995,8 k €	+32.7%	750,6 k €	+14.1%	658,1 k €	-18.8%	810,3 k €	+13.9%	711,2 k €	-63.9%	2 M €	-4.5%	2,1 M €	-16.5%	2,5 M €	+60.0%	1,5 M €	-11.1%	1,7 M €	+309%	425,2 k €	-92.2%	5,5 M €	-0.2%	5,5 M €
Other
Workforce	0,5 ETP	-50.0%	1,0 ETP	-23.1%	1,3 ETP	-27.8%	1,8 ETP	-52.6%	3,8 ETP	+26.7%	3,0 ETP	0.0%	3,0 ETP	+20.0%	2,5 ETP	-24.2%	3,3 ETP	+22.2%	2,7 ETP		–		–		0,1 ETP	-93.3%	1,5 ETP	-46.4%	2,8 ETP	-86.1%	20,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

COLUMBUS HOLDCO

Director · since 07 janvier 2019 · 0810.496.564

Represented by Piet Wallyn

Active

Piet Wallyn

Managing director · since 25 janvier 2018

Active

Ended mandates

COLUMBUS HOLDCO

Director · since 07 janvier 2019 · 0810.496.564

Represented by Piet Wallyn

Ended

Zoë Raevens

Director · since 25 janvier 2018

Ended

Piet Wallyn

Director · since 02 juin 2017 · until 30 juin 2021

Ended

Piet Wallyn

Director · since 02 juin 2017

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Full model	Full model	Full 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	28/08/2026	30/07/2025	11/09/2024	28/09/2023	24/06/2022	16/09/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	27/05/2022	30/07/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	28/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	30/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	11/09/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	28/09/2023	Dutch	PDF
Full model	31/12/2021	27/05/2022	24/06/2022	Dutch	PDF
Full model	31/12/2020	30/07/2021	16/09/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	24/08/2020	Dutch	PDF
Full model	31/12/2018	21/06/2019	28/06/2019	Dutch	PDF
Full model	31/12/2017	22/06/2018	27/06/2018	Dutch	PDF
Full model	31/12/2016	30/07/2017	22/09/2017	Dutch	PDF
Full model	31/12/2015	27/05/2016	14/09/2016	Dutch	PDF
Full model	30/11/2014	29/05/2015	26/06/2015	Dutch	PDF
Full model	30/11/2013	30/05/2014	04/06/2014	Dutch	PDF
Full model	30/11/2012	03/06/2013	12/06/2013	Dutch	PDF
Full model	30/11/2011	05/06/2012	19/06/2012	Dutch	PDF
Full model	30/11/2010	08/07/2011	01/08/2011	Dutch	PDF
Full model	31/12/2008	02/06/2009	09/07/2009	Dutch	PDF
Full model	31/12/2007	27/06/2008	29/08/2008	Dutch	PDF
Full model	31/12/2006	07/06/2007	27/08/2007	Dutch	PDF
Full modelCorrection	31/12/2005	01/06/2006	01/10/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 active · 16 ended

Active mandates

COLUMBUS HOLDCO

Director · since 07 janvier 2019 · 0810.496.564

Represented by Piet Wallyn

Active

Piet Wallyn

Managing director · since 25 janvier 2018

Active

Ended mandates

COLUMBUS HOLDCO

Director · since 07 janvier 2019 · 0810.496.564

Represented by Piet Wallyn

Ended

Zoë Raevens

Director · since 25 janvier 2018

Ended

Piet Wallyn

Director · since 02 juin 2017 · until 30 juin 2021

Ended

Piet Wallyn

Director · since 02 juin 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/03/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/04/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/05/2016
ONTSLAGEN - BENOEMINGEN
PDF
Other24/02/2016
DOEL
PDF
Other02/03/2015
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates04/12/2014
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 2025-101,3 k €↓
2024
Annual accounts 202496,1 k €↓
2023
Annual accounts 2023250,7 k €↓
2022
Annual accounts 2022328,5 k €↑
2021
Annual accounts 2021218,9 k €↑
2020
Annual accounts 202034,4 k €↓
2019
Annual accounts 2019361,3 k €↓
2018
Annual accounts 2018992,9 k €↑
2017
Annual accounts 2017-5 M €↓
2016
Annual accounts 20162,3 M €↑
2015
Annual accounts 201575,3 k €↑
2014
Annual accounts 2014-371,3 k €↑
2013
Annual accounts 2013-582,4 k €↓
2012
Annual accounts 201217,5 k €↑
2011
Annual accounts 2011-776,5 k €↓
2010
Annual accounts 20108,2 M €
25/09/1996
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

647 ACTIVATIONS

Overview

What does 647 ACTIVATIONS do?

Trend over 16 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