ASSOCIATES SERVICES
0464.710.766 · rovalta.com · 24/09/2026
ACTIVE
ASSOCIATES SERVICES
Financial year 2025 · closed on 30/06/2025
Net result
654,1 k €
+699.0% YoY
Gross margin
753,3 k €
+2721.5% YoY
Equity
1,6 M €
+71.2% YoY
Overview
What does ASSOCIATES SERVICES do?
ASSOCIATES SERVICES is a Private limited company incorporated in 1998. Its main activity is: Management consultancy activities. Its registered office is in Kortrijk.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0464.710.766
Incorporation
01/12/1998
Legal form
Private limited company
Registered office
Minister Tacklaan(Kor) 21
8500 Kortrijk · FlandreSee on map
8500 Kortrijk · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/06/2025
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 16 financial years
| 2025 | 2024 | 2023 | 2022 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||
| Gross margin | 753,3 k € | +2722% | 26,7 k € | +7.9% | 24,7 k € | -76.2% | 104 k € | +538% | 16,3 k € | -59.6% | 40,3 k € | -5.8% | 42,8 k € | +137% | 18,1 k € | -7.2% | 19,5 k € | -31.5% | 28,5 k € | +36.3% | 20,9 k € | -79.1% | 99,7 k € | +52.6% | 65,4 k € | +43.9% | 45,4 k € | -20.7% | 57,3 k € | -40.6% | 96,4 k € |
| EBITDA | 738,2 k € | +3244% | 22,1 k € | +36.6% | 16,2 k € | -83.5% | 97,8 k € | +685% | 12,5 k € | -58.5% | 30 k € | -23.9% | 39,4 k € | +194% | 13,4 k € | -21.7% | 17,1 k € | -32.0% | 25,2 k € | +41.4% | 17,8 k € | -80.9% | 93,2 k € | +51.0% | 61,7 k € | +46.6% | 42,1 k € | -17.6% | 51,1 k € | -43.2% | 89,9 k € |
| Operating result | 689,3 k € | +5709% | -12,3 k € | +30.8% | -17,8 k € | -133% | 53,8 k € | +250% | -35,9 k € | -367% | 13,4 k € | +1024% | -1,5 k € | -115% | -677 € | -144% | 1,5 k € | -81.3% | 8,3 k € | +520% | -2 k € | -104% | 49,3 k € | +5.6% | 46,6 k € | +76.5% | 26,4 k € | -16.7% | 31,7 k € | -44.4% | 57 k € |
| Net result | 654,1 k € | +699% | 81,9 k € | -8.6% | 89,6 k € | -60.0% | 224,1 k € | +128% | 98,4 k € | -17.4% | 119,1 k € | +57.4% | 75,6 k € | +261% | 21 k € | +28039% | -75 € | -123% | 324 € | +105% | -6,8 k € | -129% | 23,8 k € | -6.6% | 25,5 k € | +247% | 7,4 k € | +12.0% | 6,6 k € | -83.1% | 38,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||
| Equity | 1,6 M € | +71.2% | 918,7 k € | -3.9% | 955,9 k € | +1.5% | 941,9 k € | +147% | 382 k € | +34.7% | 283,6 k € | +72.3% | 164,6 k € | +85.0% | 89 k € | +30.8% | 68 k € | +14.3% | 59,5 k € | +0.5% | 59,2 k € | -10.3% | 66 k € | +56.5% | 42,1 k € | +1.2% | 41,6 k € | +21.4% | 34,3 k € | -25.0% | 45,7 k € |
| Total assets | 1,9 M € | +17.5% | 1,6 M € | -9.3% | 1,8 M € | -0.6% | 1,8 M € | +60.0% | 1,1 M € | +37.6% | 829,2 k € | +8.4% | 765,2 k € | +52.5% | 501,8 k € | +245% | 145,5 k € | -9.9% | 161,5 k € | +0.3% | 160,9 k € | +2.9% | 156,4 k € | -16.3% | 186,9 k € | +21.7% | 153,6 k € | -13.2% | 177,1 k € | +3.8% | 170,5 k € |
| Cash | 675 k € | +3508% | 18,7 k € | -78.7% | 87,9 k € | -37.2% | 139,9 k € | +532% | 22,1 k € | -86.5% | 164,5 k € | +40.4% | 117,2 k € | +6.8% | 109,7 k € | +399% | 22 k € | -57.2% | 51,4 k € | +1506% | 3,2 k € | -82.0% | 17,8 k € | -39.4% | 29,4 k € | +87.8% | 15,6 k € | -21.0% | 19,8 k € | -51.4% | 40,7 k € |
| Debts | 359,7 k € | -50.5% | 726,2 k € | -15.3% | 857 k € | -2.9% | 882,4 k € | +18.2% | 746,3 k € | +36.9% | 545 k € | -9.2% | 600,2 k € | +45.5% | 412,4 k € | +436% | 76,9 k € | -24.2% | 101,5 k € | +0.2% | 101,3 k € | +12.5% | 90 k € | -36.7% | 142,1 k € | +27.5% | 111,5 k € | -21.6% | 142,3 k € | +14.5% | 124,3 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 30/06/2025 · 2 active · 6 ended
Active mandates
Joost Muylle
ActiveNathalie Vandenameele
ActiveEnded mandates
Joost Muylle
EndedNathalie Vandenameele
EndedJoost Muylle
EndedJOOST MUYLLE
EndedFinancials
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 | 01/07/2024 | 01/07/2023 | 01/07/2022 | 01/07/2021 | 01/07/2020 | 01/07/2019 |
| Closing of the financial year | 30/06/2025 | 30/06/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 | 30/06/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/01/2026 | 30/01/2025 | 30/01/2024 | 31/01/2023 | 28/01/2022 | 01/02/2021 |
| General meeting | 30/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 30/12/2021 | 30/12/2020 |
| 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
18 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/06/2025 | 30/12/2025 | 30/01/2026 | Dutch | |
| Micro model | 30/06/2024 | 31/12/2024 | 30/01/2025 | Dutch | |
| Micro model | 30/06/2023 | 31/12/2023 | 30/01/2024 | Dutch | |
| Micro model | 30/06/2022 | 31/12/2022 | 31/01/2023 | Dutch | |
| Micro model | 30/06/2021 | 30/12/2021 | 28/01/2022 | Dutch | |
| Micro model | 30/06/2020 | 30/12/2020 | 01/02/2021 | Dutch | |
| Micro model | 30/06/2019 | 12/10/2019 | 04/12/2019 | Dutch | |
| Micro model | 30/06/2018 | 13/10/2018 | 30/01/2019 | Dutch | |
| Abridged model | 30/06/2017 | 25/10/2017 | 22/12/2017 | Dutch | |
| Abridged model | 30/06/2016 | 26/11/2016 | 29/12/2016 | Dutch | |
| Abridged model | 30/06/2015 | 28/12/2015 | 13/01/2016 | Dutch | |
| Abridged model | 30/06/2014 | 24/11/2014 | 23/12/2014 | Dutch | |
| Abridged model | 30/06/2013 | 12/10/2013 | 07/01/2014 | Dutch | |
| Abridged model | 30/06/2012 | 13/10/2012 | 29/01/2013 | Dutch | |
| Abridged model | 30/09/2010 | 05/03/2011 | 28/04/2011 | Dutch | |
| Abridged model | 30/09/2009 | 06/03/2010 | 29/03/2010 | Dutch | |
| Abridged model | 30/09/2008 | 07/03/2009 | 29/04/2009 | Dutch | |
| Abridged model | 30/09/2007 | 08/03/2008 | 17/03/2008 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 5 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.
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 30/06/2025 · 2 active · 6 ended
Active mandates
Joost Muylle
ActiveNathalie Vandenameele
ActiveEnded mandates
Joost Muylle
EndedNathalie Vandenameele
EndedJoost Muylle
EndedJOOST MUYLLE
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Registered office31/10/2025MAATSCHAPPELIJKE ZETEL
- Restructuring16/12/2024KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring24/09/2024RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates10/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Other27/10/2011BOEKJAAR
- Capital / shares15/01/2007BOEKJAAR - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Capital / shares22/02/2006BENAMING - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025654,1 k €↑
- 2024Annual accounts 202481,9 k €↓
- 2023Annual accounts 202389,6 k €↓
- 2022Annual accounts 2022224,1 k €↑
- 2019Annual accounts 201998,4 k €↓
- 2018Annual accounts 2018119,1 k €↑
- 2017Annual accounts 201775,6 k €↑
- 2016Annual accounts 201621 k €↑
- 2015Annual accounts 2015-75 €↓
- 2014Annual accounts 2014324 €↑
- 2013Annual accounts 2013-6,8 k €↓
- 2012Annual accounts 201223,8 k €↓
- 2010Annual accounts 201025,5 k €↑
- 2009Annual accounts 20097,4 k €↑
- 2008Annual accounts 20086,6 k €↓
- 2007Annual accounts 200738,7 k €
- 01/12/1998IncorporationPrivate limited company