ACTIVE

A3D FINANCIAL RESEARCH

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Financial year 2025 · closed on 31/12/2025

Net result

27,7 k €

+14.9% YoY

Gross margin

43,5 k €

-5.5% YoY

Equity

238,3 k €

+13.2% YoY

What does A3D FINANCIAL RESEARCH do?

A3D FINANCIAL RESEARCH is a Private company with limited liability incorporated in 1999. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Etterbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.223.669

Incorporation

11/06/1999

Legal form

Private company with limited liability

Registered office

Place du Roi Vainqueur 13
1040 Etterbeek · BruxellesSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

82990Other business support service activities n.e.c.· main 82990Other business support service activities n.e.c.70210Public relations and communication activities 73200Market research and public opinion polling 73200Market research and public opinion polling 73300Advertising and market research+5

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 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	43,5 k €	-5.5%	46 k €	-29.1%	64,9 k €	-8.3%	70,7 k €	+102%	35,1 k €	-52.5%	73,8 k €	-16.1%	88 k €	+8.5%	81,1 k €	+173%	29,7 k €	-50.4%	59,9 k €	-0.6%	60,2 k €	+150%	24,1 k €	-43.4%	42,6 k €	+657%	5,6 k €	-53.4%	12,1 k €	+2535%	-496,2 €	+38.0%	-800,2 €	-105%	14,7 k €	+629%	2 k €	+246%	-1,4 k €
EBITDA	43,1 k €	+8.2%	39,8 k €	-37.1%	63,2 k €	-8.9%	69,5 k €	+219%	21,8 k €	-69.9%	72,4 k €	-11.4%	81,7 k €	+1.2%	80,7 k €	+175%	29,4 k €	-50.5%	59,4 k €	-0.6%	59,7 k €	+152%	23,7 k €	-43.8%	42,2 k €	+712%	5,2 k €	-55.4%	11,6 k €	+1349%	-932,7 €	+24.6%	-1,2 k €	-109%	14,3 k €	+1035%	1,3 k €	+155%	-2,3 k €
Operating result	43,1 k €	+18.7%	36,3 k €	-39.5%	60 k €	+9.9%	54,6 k €	+643%	7,3 k €	-87.6%	59 k €	-13.0%	67,8 k €	-14.6%	79,4 k €	+183%	28,1 k €	-51.7%	58 k €	-0.6%	58,4 k €	+163%	22,2 k €	-46.4%	41,4 k €	+840%	4,4 k €	-62.2%	11,6 k €	+1349%	-932,7 €	+24.6%	-1,2 k €	-109%	14,3 k €	+1035%	1,3 k €	+155%	-2,3 k €
Net result	27,7 k €	+14.9%	24,1 k €	-41.7%	41,4 k €	+12.6%	36,8 k €	+1098%	3,1 k €	-92.6%	41,3 k €	-10.3%	46,1 k €	-25.1%	61,5 k €	+233%	18,5 k €	-50.8%	37,6 k €	-0.1%	37,6 k €	+169%	14 k €	-63.2%	38 k €	+1167%	3 k €	-73.8%	11,5 k €	+1118%	-1,1 k €	+19.0%	-1,4 k €	-110%	14 k €	+1514%	866,3 €	+131%	-2,8 k €
Balance sheet
Equity	238,3 k €	+13.2%	210,6 k €	+12.9%	186,5 k €	+28.5%	145,1 k €	+34.0%	108,3 k €	+2.9%	105,2 k €	+64.7%	63,9 k €	-34.7%	97,8 k €	+170%	36,3 k €	+104%	17,8 k €	-2.4%	18,2 k €	+3.4%	17,6 k €	-0.1%	17,6 k €	+83.5%	9,6 k €	+45.4%	6,6 k €	+236%	-4,9 k €	-30.2%	-3,7 k €	-59.4%	-2,3 k €	+85.6%	-16,3 k €	+5.0%	-17,2 k €
Total assets	253,6 k €	+12.4%	225,5 k €	+13.7%	198,3 k €	+22.6%	161,8 k €	+23.0%	131,5 k €	-5.2%	138,8 k €	-34.5%	212,1 k €	+72.0%	123,3 k €	+97.5%	62,5 k €	-34.0%	94,6 k €	+27.6%	74,1 k €	+72.4%	43 k €	-27.5%	59,3 k €	+255%	16,7 k €	-6.3%	17,8 k €	+697%	2,2 k €	+57.0%	1,4 k €	-58.1%	3,4 k €	+426%	646,6 €	+261%	179,1 €
Cash	36,3 k €	-79.5%	177,2 k €	+6.7%	166,1 k €	+36.1%	122,1 k €	+46.9%	83,1 k €	+4.0%	79,9 k €	-43.5%	141,3 k €	+41.4%	100 k €	+130%	43,4 k €	-27.2%	59,6 k €	+102%	29,6 k €	-1.9%	30,1 k €	-39.3%	49,6 k €	+251%	14,1 k €	-18.7%	17,4 k €	+876%	1,8 k €	+37.4%	1,3 k €	-42.0%	2,2 k €	+277%	591,9 €		–
Debts	15,3 k €	+2.2%	14,9 k €	+26.0%	11,9 k €	-29.0%	16,7 k €	-28.1%	23,2 k €	-30.8%	33,6 k €	-76.4%	142,4 k €	+480%	24,5 k €	-1.6%	25 k €	-67.5%	76,8 k €	+37.6%	55,8 k €	+121%	25,3 k €	-39.2%	41,5 k €	+493%	7 k €	-37.6%	11,2 k €	+60.8%	7 k €	+38.4%	5 k €	-10.3%	5,6 k €	-66.9%	17 k €	-0.0%	17 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

Alessandro Casciotti

Director

Active

Ended mandates

ALESSANDRO CASCIOTTI

Manager · since 04 juin 1999

Ended

Alessandro CASCIOTTI

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
GL MEDICAL● Active	1017.654.615
MILLBECK● Active	0540.767.278
Strategic & Business Advice● Active	1007.458.628
Via Aurea● Active	0479.010.843

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	02/04/2026	29/08/2025	04/07/2024	24/07/2023	20/08/2022	24/03/2021
General meeting	27/03/2026	01/06/2025	01/06/2024	30/06/2023	30/06/2022	23/03/2021
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

27 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	27/03/2026	02/04/2026	French	PDF
Micro model	31/12/2024	01/06/2025	29/08/2025	French	PDF
Micro model	31/12/2023	01/06/2024	04/07/2024	French	PDF
Micro model	31/12/2022	30/06/2023	24/07/2023	French	PDF
Micro model	31/12/2021	30/06/2022	20/08/2022	French	PDF
Micro model	31/12/2020	23/03/2021	24/03/2021	French	PDF
Micro model	31/12/2019	02/06/2020	22/06/2020	French	PDF
Micro model	31/12/2018	01/06/2019	03/06/2019	French	PDF
Micro model	31/12/2017	30/06/2018	30/07/2018	French	PDF
Micro model	31/12/2016	30/06/2017	21/08/2017	French	PDF
Abridged model	31/12/2015	01/06/2016	22/06/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	31/07/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	18/07/2014	French	PDF
Abridged model	31/12/2012	01/06/2013	25/06/2013	French	PDF
Abridged model	31/12/2011	29/02/2012	19/04/2012	French	PDF
Abridged model	31/12/2010	01/06/2011	26/08/2011	French	PDF
Abridged model	31/12/2009	01/06/2010	24/06/2010	French	PDF
Abridged model	31/12/2008	01/06/2009	15/06/2009	French	PDF
Abridged model	31/12/2007	02/06/2008	25/06/2008	French	PDF
Abridged model	31/12/2006	01/06/2007	31/08/2007	French	PDF
Abridged model	31/12/2005	27/06/2006	22/08/2006	French	PDF
Abridged model	31/12/2004	28/06/2005	28/04/2006	French	PDF
Abridged model	31/12/2003	29/06/2004	28/04/2006	French	PDF
Abridged model	31/12/2002	05/06/2003	07/05/2004	French	PDF

View all 27 filings

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

Alessandro Casciotti

Director

Active

Ended mandates

ALESSANDRO CASCIOTTI

Manager · since 04 juin 1999

Ended

Alessandro CASCIOTTI

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/05/2026
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - DEMISSIONS, NOMINATIONS
PDF
Registered office09/06/2021
SIEGE SOCIAL
PDF
Mandates10/04/2009
DEMISSIONS, NOMINATIONS
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 202527,7 k €↑
2024
Annual accounts 202424,1 k €↓
2023
Annual accounts 202341,4 k €↑
2022
Annual accounts 202236,8 k €↑
2021
Annual accounts 20213,1 k €↓
2020
Annual accounts 202041,3 k €↓
2019
Annual accounts 201946,1 k €↓
2018
Annual accounts 201861,5 k €↑
2017
Annual accounts 201718,5 k €↓
2016
Annual accounts 201637,6 k €↓
2015
Annual accounts 201537,6 k €↑
2014
Annual accounts 201414 k €↓
2013
Annual accounts 201338 k €↑
2012
Annual accounts 20123 k €↓
2011
Annual accounts 201111,5 k €↑
2010
Annual accounts 2010-1,1 k €↑
2009
Annual accounts 2009-1,4 k €↓
2008
Annual accounts 200814 k €↑
2007
Annual accounts 2007866,3 €↑
2006
Annual accounts 2006-2,8 k €
11/06/1999
IncorporationPrivate company with limited liability

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

A3D FINANCIAL RESEARCH

Overview

What does A3D FINANCIAL RESEARCH do?

Trend over 20 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