ACTIVE

ACTIVE IMAGE

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Financial year 2026 · closed on 28/02/2026
Net result
38,9 k €
-6.1% YoY
Gross margin
67,4 k €
+15.2% YoY
Equity
64,2 k €
+154.2% YoY
Workforce
0,0 ETP

What does ACTIVE IMAGE do?

ACTIVE IMAGE is a Private company with limited liability incorporated in 1996. Its main activity is: Advertising agencies. Its registered office is in Forest.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0459.292.624
Incorporation
25/11/1996
Legal form
Private company with limited liability
Registered office
Avenue du Roi 107
1190 Forest · BruxellesSee on map
Contributed capital
18 592,01 €
Latest accounts
28/02/2026
Average workforce
0,0 ETP
Activities (NACE)
73110Advertising agencies· main73110Advertising agencies74401Other professional, scientific and technical activities73120Media representation73120Media representation74105Specialised design activities+2
Joint committees (1)
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2026202520242023202220212020201920182017201620152014201320122011201020092007
Income statement
Gross margin67,4 k €58,5 k €31,9 k €28,6 k €9,4 k €6,5 k €-43,5 k €45,1 k €13,4 k €51,5 k €-1,6 k €45,2 k €109,4 k €65,2 k €214,2 k €159,8 k €229,9 k €320,3 k €189,2 k €
EBITDA52,6 k €57,8 k €31,1 k €27,9 k €8,3 k €5,4 k €-45,5 k €-20,3 k €12,8 k €50,2 k €-2,8 k €43,7 k €105 k €38,3 k €169,5 k €126,5 k €184,9 k €259,6 k €174,3 k €
Operating result52,3 k €55,8 k €29 k €25,2 k €7,7 k €4,8 k €-46,1 k €-20,9 k €11,7 k €48 k €-6,6 k €35,5 k €96,5 k €6 k €130,7 k €86,1 k €142,4 k €186,6 k €140,3 k €
Net result38,9 k €41,4 k €29,3 k €26,7 k €8,6 k €3 k €-77,5 k €-15,5 k €11,8 k €41,7 k €-2,7 k €35,4 k €31,5 k €4,9 k €87,7 k €59,6 k €91,2 k €110,9 k €85,4 k €
Balance sheet
Equity64,2 k €25,2 k €41,8 k €62,5 k €240,8 k €232,3 k €229,3 k €306,8 k €502,3 k €490,5 k €448,9 k €451,6 k €416,2 k €504,7 k €499,8 k €412,2 k €352,6 k €261,4 k €150,5 k €
Total assets211,7 k €134,6 k €202,2 k €299,6 k €291,6 k €254,2 k €337,7 k €431,9 k €565 k €561,4 k €583 k €512,3 k €469 k €598,4 k €649,2 k €630,2 k €755,2 k €808,7 k €727,7 k €
Cash149 k €63 k €141,7 k €202,9 k €176 k €139,4 k €199 k €237,2 k €315,4 k €204,8 k €259,9 k €334,7 k €177,8 k €78,1 k €80,8 k €327,1 k €424,6 k €377,9 k €290,4 k €
Debts146,9 k €109,4 k €160,4 k €237,1 k €47,9 k €19,8 k €108,4 k €123,9 k €62,7 k €70,9 k €132,6 k €57,3 k €52,8 k €91,1 k €149,3 k €217 k €402,6 k €545,5 k €577,2 k €
Other
Workforce0,0 ETP––––––––––––0,6 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP0,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 28/02/2026 · 3 active · 8 ended

Active mandates

BD Advice

Director · since 30 avril 2025 · 0518.898.530

Represented by Baudouin Delcour

Active
Brutus Holding

Director · since 30 avril 2025 · 0757.767.166

Represented by Paul-Henry Delcour

Active
Bernadette Lenaerts

Director · since 03 décembre 1996 · until 30 avril 2025

Active

Ended mandates

BD Advice

Director · since 30 avril 2025 · 0518.898.530

Represented by Baudouin Delcour

Ended
Brutus Holding

Director · since 30 avril 2025 · 0757.767.166

Represented by Paul-Henry Delcour

Ended
Benoît MINE

Manager · since 28 janvier 2005

Ended
Bernadette LENAERTS

Director · since 03 décembre 1996

Ended
At this address

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Annual accounts

Full financial information

202620252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/03/202501/03/202401/03/202301/03/202201/03/202101/03/2020
Closing of the financial year28/02/202628/02/202529/02/202428/02/202328/02/202228/02/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/09/202628/08/202513/10/202429/11/202326/10/202217/11/2021
General meeting27/08/202628/08/202530/08/202431/08/202325/08/202226/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model28/02/202627/08/202618/09/2026DutchPDF
Abridged model28/02/202528/08/202528/08/2025FrenchPDF
Abridged model29/02/202430/08/202413/10/2024FrenchPDF
Abridged model28/02/202331/08/202329/11/2023FrenchPDF
Abridged model28/02/202225/08/202226/10/2022FrenchPDF
Abridged model28/02/202126/08/202117/11/2021FrenchPDF
Abridged model29/02/202027/08/202025/09/2020FrenchPDF
Abridged model28/02/201931/08/201902/10/2019FrenchPDF
Abridged model28/02/201831/08/201803/10/2018FrenchPDF
Abridged model28/02/201731/08/201728/09/2017FrenchPDF
Abridged model29/02/201631/08/201627/09/2016FrenchPDF
Abridged model28/02/201531/08/201528/09/2015FrenchPDF
Abridged model28/02/201431/08/201403/10/2014FrenchPDF
Abridged model28/02/201331/08/201326/09/2013FrenchPDF
Abridged model29/02/201231/08/201230/09/2012FrenchPDF
Abridged model28/02/201131/08/201128/10/2011FrenchPDF
Abridged model28/02/201031/08/201021/10/2010FrenchPDF
Abridged model28/02/200931/08/200926/10/2009FrenchPDF
Abridged model31/03/200731/08/200730/11/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 28/02/2026 · 3 active · 8 ended

Active mandates

BD Advice

Director · since 30 avril 2025 · 0518.898.530

Represented by Baudouin Delcour

Active
Brutus Holding

Director · since 30 avril 2025 · 0757.767.166

Represented by Paul-Henry Delcour

Active
Bernadette Lenaerts

Director · since 03 décembre 1996 · until 30 avril 2025

Active

Ended mandates

BD Advice

Director · since 30 avril 2025 · 0518.898.530

Represented by Baudouin Delcour

Ended
Brutus Holding

Director · since 30 avril 2025 · 0757.767.166

Represented by Paul-Henry Delcour

Ended
Benoît MINE

Manager · since 28 janvier 2005

Ended
Bernadette LENAERTS

Director · since 03 décembre 1996

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/05/2025
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares12/04/2018
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates18/03/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares26/02/2014
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares09/01/2014
    CAPITAL, ACTIONS
    PDF
  • Other15/04/2008
    OBJET
    PDF
  • Registered office21/02/2005
    SIEGE SOCIAL - CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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

Timeline

  1. 2026
    Annual accounts 202638,9 k €↓
  2. 2025
    Annual accounts 202541,4 k €↑
  3. 2024
    Annual accounts 202429,3 k €↑
  4. 2023
    Annual accounts 202326,7 k €↑
  5. 2022
    Annual accounts 20228,6 k €↑
  6. 2021
    Annual accounts 20213 k €↑
  7. 2020
    Annual accounts 2020-77,5 k €↓
  8. 2019
    Annual accounts 2019-15,5 k €↓
  9. 2018
    Annual accounts 201811,8 k €↓
  10. 2017
    Annual accounts 201741,7 k €↑
  11. 2016
    Annual accounts 2016-2,7 k €↓
  12. 2015
    Annual accounts 201535,4 k €↑
  13. 2014
    Annual accounts 201431,5 k €↑
  14. 2013
    Annual accounts 20134,9 k €↓
  15. 2012
    Annual accounts 201287,7 k €↑
  16. 2011
    Annual accounts 201159,6 k €↓
  17. 2010
    Annual accounts 201091,2 k €↓
  18. 2009
    Annual accounts 2009110,9 k €↑
  19. 2007
    Annual accounts 200785,4 k €
  20. 25/11/1996
    IncorporationPrivate company with limited liability