ACTIVE

BE ANGELS

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Financial year 2025 · closed on 31/12/2025
Net result
-33,4 k €
+83.1% YoY
Gross margin
274,9 k €
+62.6% YoY
Equity
792,8 k €
-4.1% YoY
Workforce
4,4 ETP
+2.3% YoY

What does BE ANGELS do?

BE ANGELS is a Public limited company incorporated in 1999. Its main activity is: Management consultancy activities. Its registered office is in Ottignies-Louvain-la-Neuve. It employs on average 4,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0467.046.288
Incorporation
12/10/1999
Legal form
Public limited company
Registered office
Rue Louis de Geer 6
1348 Ottignies-Louvain-la-Neuve · WallonieSee on map
Contributed capital
1 020 764,94 €
Latest accounts
31/12/2025
Average workforce
4,4 ETP
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities74141Specialised design activities70210Public relations and communication activities73300Advertising and market research82300Organisation of conventions and trade shows+1
Joint committees (2)
  • 200
  • 218
Signals
Solid equityLow riskGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin274,9 k €169 k €155,4 k €3,8 k €168 k €208,8 k €123,1 k €121,9 k €128,6 k €115,4 k €82,5 k €82,9 k €61,4 k €67,9 k €68,9 k €70,3 k €71,7 k €79,1 k €35,2 k €
EBITDA-31,1 k €-191,3 k €-220,6 k €-291,3 k €-69,5 k €-3 k €-42,5 k €14,3 k €10,9 k €19,1 k €12,8 k €24,5 k €3,6 k €11,9 k €13,7 k €11,1 k €15,5 k €11,4 k €6,8 k €
Operating result-32,2 k €-197,8 k €-228,5 k €-311,4 k €-86,1 k €-17,4 k €-52,4 k €5,7 k €3,6 k €3,9 k €5,2 k €17,9 k €-7,9 k €2,7 k €5,2 k €2,7 k €4,3 k €104,5 €-481,5 €
Net result-33,4 k €-197,2 k €-234,1 k €-314,7 k €-92,2 k €-22,1 k €-56,5 k €-2,2 k €501,6 €42,8 €468,9 €364,7 €-12,1 k €117,5 €59,7 €683,4 €300,7 €99,2 €81 €
Balance sheet
Equity792,8 k €827,1 k €829,7 k €1,1 M €220,7 k €205,7 k €218,7 k €75,2 k €49 k €48,5 k €48,4 k €48 k €47,6 k €59,7 k €59,5 k €59,5 k €58,8 k €58,5 k €80,9 k €
Total assets1,1 M €1,1 M €1,1 M €1,3 M €583,3 k €471,4 k €601,5 k €281,9 k €289,4 k €296,5 k €237,3 k €262,7 k €313 k €215,7 k €278,3 k €178 k €154,2 k €121,7 k €186,2 k €
Cash32,6 k €131,5 k €246,5 k €636,4 k €26 k €119 k €199,5 k €26 k €3,2 k €2,6 k €791,1 €1,3 k €2,6 k €15,7 k €19,2 k €36 k €35,1 k €193,8 €25 k €
Debts259,3 k €197,4 k €175,2 k €122 k €284,8 k €210,3 k €297,2 k €162 k €212,4 k €196,7 k €142,3 k €202,8 k €252,5 k €119,8 k €212,8 k €114 k €69,6 k €63,1 k €105,3 k €
Other
Workforce4,4 ETP4,3 ETP4,6 ETP4,6 ETP3,8 ETP3,1 ETP2,8 ETP2,0 ETP––1,3 ETP1,0 ETP1,0 ETP1,0 ETP1,2 ETP1,1 ETP1,1 ETP1,4 ETP0,7 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 · 6 active · 75 ended

Active mandates

Emmanuelle GHISLAIN

Director · since 18 juin 2024 · until 19 juin 2028

Active
finance&invest.brussels

Director · since 18 juin 2024 · until 16 juin 2028 · 0426.936.986

Represented by Barbara ROOSE

Active
Sophie STEGEN

Director · since 18 juin 2024 · until 16 juin 2028

Active
THINKSPARK

Managing director · since 18 juin 2024 · until 16 juin 2028 · 0829.393.055

Represented by Claire MUNCK

Active
Joseph DE GHELDERE

Director · since 20 mai 2022 · until 16 juin 2028

Active
Jean Claude DOSOGNE

Director · since 03 février 2022 · until 16 juin 2028

Active

Ended mandates

Emmanuelle GHISLAIN

Director · since 18 juin 2024 · until 19 mai 2028

Ended
finance&invest.brussels

Director · since 18 juin 2024 · until 19 mai 2028 · 0426.936.986

Represented by Barbara ROOSE

Ended
LODE PEETERS

Director · since 18 juin 2024 · until 13 décembre 2024

Ended
Sophie STEGEN

Director · since 18 juin 2024 · until 19 mai 2028

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202607/07/202526/06/202402/06/202304/07/202215/07/2021
General meeting24/06/202620/06/202518/06/202422/05/202320/05/202221/05/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202524/06/202629/06/2026FrenchPDF
Abridged model31/12/202420/06/202507/07/2025FrenchPDF
Abridged model31/12/202318/06/202426/06/2024FrenchPDF
Abridged model31/12/202222/05/202302/06/2023FrenchPDF
Abridged model31/12/202120/05/202204/07/2022FrenchPDF
Abridged model31/12/202021/05/202115/07/2021FrenchPDF
Abridged model31/12/201904/05/202027/08/2020FrenchPDF
Abridged modelCorrection31/12/201814/06/201920/09/2019FrenchPDF
Abridged model31/12/201814/06/201924/06/2019FrenchPDF
Micro model31/12/201718/05/201803/07/2018FrenchPDF
Micro model31/12/201622/05/201710/07/2017FrenchPDF
Abridged model31/12/201523/05/201614/07/2016FrenchPDF
Abridged model31/12/201402/03/201514/08/2015FrenchPDF
Abridged model31/12/201321/03/201423/06/2014FrenchPDF
Abridged model31/12/201215/03/201319/07/2013FrenchPDF
Abridged model31/12/201116/04/201216/05/2012FrenchPDF
Abridged model31/12/201018/03/201121/03/2011FrenchPDF
Abridged model31/12/200919/03/201022/03/2010FrenchPDF
Abridged model31/12/200820/03/200908/04/2009FrenchPDF
Abridged model31/12/200721/03/200826/03/2008FrenchPDF
Abridged model31/12/200616/03/200723/03/2007FrenchPDF
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 · 6 active · 75 ended

Active mandates

Emmanuelle GHISLAIN

Director · since 18 juin 2024 · until 19 juin 2028

Active
finance&invest.brussels

Director · since 18 juin 2024 · until 16 juin 2028 · 0426.936.986

Represented by Barbara ROOSE

Active
Sophie STEGEN

Director · since 18 juin 2024 · until 16 juin 2028

Active
THINKSPARK

Managing director · since 18 juin 2024 · until 16 juin 2028 · 0829.393.055

Represented by Claire MUNCK

Active
Joseph DE GHELDERE

Director · since 20 mai 2022 · until 16 juin 2028

Active
Jean Claude DOSOGNE

Director · since 03 février 2022 · until 16 juin 2028

Active

Ended mandates

Emmanuelle GHISLAIN

Director · since 18 juin 2024 · until 19 mai 2028

Ended
finance&invest.brussels

Director · since 18 juin 2024 · until 19 mai 2028 · 0426.936.986

Represented by Barbara ROOSE

Ended
LODE PEETERS

Director · since 18 juin 2024 · until 13 décembre 2024

Ended
Sophie STEGEN

Director · since 18 juin 2024 · until 19 mai 2028

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other21/05/2026
    DIVERS
    PDF
  • Capital / shares20/05/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Capital / shares04/02/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates20/01/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares18/11/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates22/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares21/06/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - ASSEMBLEE GENERALE
    PDF
  • Mandates14/08/2023
    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

Timeline

  1. 2025
    Annual accounts 2025-33,4 k €↑
  2. 2024
    Annual accounts 2024-197,2 k €↑
  3. 2023
    Annual accounts 2023-234,1 k €↑
  4. 2022
    Annual accounts 2022-314,7 k €↓
  5. 2021
    Annual accounts 2021-92,2 k €↓
  6. 2020
    Annual accounts 2020-22,1 k €↑
  7. 2019
    Annual accounts 2019-56,5 k €↓
  8. 2018
    Annual accounts 2018-2,2 k €↓
  9. 2017
    Annual accounts 2017501,6 €↑
  10. 2016
    Annual accounts 201642,8 €↓
  11. 2015
    Annual accounts 2015468,9 €↑
  12. 2014
    Annual accounts 2014364,7 €↑
  13. 2013
    Annual accounts 2013-12,1 k €↓
  14. 2012
    Annual accounts 2012117,5 €↑
  15. 2011
    Annual accounts 201159,7 €↓
  16. 2010
    Annual accounts 2010683,4 €↑
  17. 2009
    Annual accounts 2009300,7 €↑
  18. 2008
    Annual accounts 200899,2 €↑
  19. 2007
    Annual accounts 200781 €
  20. 12/10/1999
    IncorporationPublic limited company