ACTIVE

BORDERLESS EXECUTIVE SEARCH

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Financial year 2024 · closed on 31/12/2024

Net result

106,1 k €

+256.2% YoY

Gross margin

175,7 k €

+356.0% YoY

Equity

197,3 k €

+46.5% YoY

Workforce

0,5 ETP

-61.5% YoY

What does BORDERLESS EXECUTIVE SEARCH do?

BORDERLESS EXECUTIVE SEARCH is a Private limited company incorporated in 2000. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Evere. It employs on average 0,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0472.128.494

Incorporation

16/06/2000

Legal form

Private limited company

Registered office

Avenue de l'Optimisme 17
1140 Evere · BruxellesSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2024

Average workforce

0,5 ETP

Activities (NACE)

74501Other professional, scientific and technical activities· main 78100Activities of employment placement agencies 78100Activities of employment placement agencies 74502Other professional, scientific and technical activities 78200Temporary employment agency activities 78200Temporary employment agency activities

Joint committees (2)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2010		2009		2008		2007
Income statement
Gross margin	175,7 k €	+356%	38,5 k €	-81.7%	210,8 k €	+78.6%	118,1 k €	+16.7%	101,1 k €	-29.3%	143 k €	-7.5%	154,6 k €	-41.1%	262,3 k €	+83.9%	142,6 k €	-37.8%	229,2 k €	+1968%	-12,3 k €	-107%	175 k €	+34.5%	130,1 k €	-47.3%	246,7 k €	+38.3%	178,4 k €	-44.3%	320,5 k €	-36.7%	506,1 k €	+25.4%	403,6 k €
EBITDA	122,8 k €	+344%	-50,4 k €	+70.4%	-170,4 k €	-1201%	15,5 k €	+35.3%	11,4 k €	-11.3%	12,9 k €	+102%	6,4 k €	-86.8%	48,6 k €	+1113%	4 k €	-92.4%	53 k €	+140%	-131 k €	-535%	30,1 k €	+769%	3,5 k €	-96.7%	104,9 k €	+310%	25,6 k €	-78.1%	117 k €	-41.2%	198,8 k €	+88.5%	105,5 k €
Operating result	118,2 k €	+309%	-56,5 k €	-176%	74,2 k €	+130%	-251,2 k €	-4323%	5,9 k €	+3.7%	5,7 k €	+666%	-1 k €	-102%	42 k €	+948%	-5 k €	-111%	44,8 k €	+131%	-146,1 k €	-929%	17,6 k €	+231%	-13,4 k €	-115%	88 k €	+642%	11,8 k €	-82.9%	69,2 k €	+4.3%	66,3 k €	+7.8%	61,5 k €
Net result	106,1 k €	+256%	-67,9 k €	-217%	58 k €	+123%	-252,3 k €	-3181%	8,2 k €	+204%	2,7 k €	+26.2%	2,1 k €	-95.2%	44,4 k €	+1301%	3,2 k €	-92.3%	41,3 k €	+128%	-148,5 k €	-1812%	8,7 k €	+152%	-16,8 k €	-128%	59 k €	+474%	10,3 k €	-72.7%	37,6 k €	+92.5%	19,5 k €	+34.1%	14,6 k €
Balance sheet
Equity	197,3 k €	+46.5%	134,7 k €	-33.5%	202,6 k €	+40.1%	144,6 k €	-63.6%	396,9 k €	+2.1%	388,7 k €	+0.7%	386 k €	+0.6%	383,9 k €	+13.1%	339,4 k €	+0.9%	336,3 k €	+14.0%	294,9 k €	-33.5%	443,5 k €	+2.0%	434,8 k €	-3.7%	451,6 k €	+4.9%	430,6 k €	+2.4%	420,4 k €	+9.8%	382,7 k €	+5.4%	363,2 k €
Total assets	867,9 k €	+54.6%	561,5 k €	-32.3%	829,4 k €	+8.2%	766,3 k €	-27.1%	1,1 M €	-5.5%	1,1 M €	-0.1%	1,1 M €	-3.9%	1,2 M €	+1.2%	1,1 M €	+24.1%	921,6 k €	+16.0%	794,8 k €	-17.7%	965,7 k €	+4.3%	925,9 k €	-6.4%	989,3 k €	-21.6%	1,3 M €	+8.4%	1,2 M €	-29.0%	1,6 M €	+68.0%	976,3 k €
Cash	70,9 k €	+24.4%	57 k €	-69.7%	188,3 k €	+2190%	8,2 k €	+589%	1,2 k €	-98.2%	66,3 k €	-32.8%	98,6 k €	+9734%	1 k €	-65.9%	2,9 k €	-93.6%	45,7 k €	+94.8%	23,4 k €	+206%	7,7 k €		–		43 k €	+1440%	2,8 k €	-92.2%	36 k €	-0.6%	36,2 k €	+1259%	2,7 k €
Debts	668,7 k €	+57.3%	425,1 k €	-31.9%	624,6 k €	+0.8%	619,9 k €	-4.2%	646,8 k €	-10.3%	720,7 k €	-0.3%	723,1 k €	-6.1%	769,8 k €	-4.3%	804,2 k €	+37.7%	584 k €	+17.7%	496,1 k €	-4.9%	521,7 k €	+6.3%	490,7 k €	-8.6%	536,7 k €	-35.1%	827,1 k €	+11.7%	740,3 k €	-41.0%	1,3 M €	+106%	608,3 k €
Other
Workforce	0,5 ETP	-61.5%	1,3 ETP	-7.1%	1,4 ETP	-30.0%	2,0 ETP	+42.9%	1,4 ETP	0.0%	1,4 ETP	0.0%	1,4 ETP	0.0%	1,4 ETP	-6.7%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	-28.6%	2,1 ETP	-32.3%	3,1 ETP	+3.3%	3,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 1 ended

Active mandates

CORPORATE XPERTISE

Director · 0462.023.569

Represented by Andrew Kris

Active

Els De Cremer

Director

Active

Ended mandates

Els DE CREMER

Manager

Ended

Annual accounts

Full financial information

	2024	2023	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/12/2024	31/12/2023	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	9 months	12 months	12 months	12 months	12 months
Filing date	30/07/2025	02/08/2024	31/10/2023	25/10/2022	29/10/2021	24/11/2020
General meeting	30/06/2025	12/06/2024	01/09/2023	02/09/2022	30/09/2021	30/09/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	30/06/2025	30/07/2025	Dutch	PDF
Abridged model	31/12/2023	12/06/2024	02/08/2024	Dutch	PDF
Abridged model	31/03/2023	01/09/2023	31/10/2023	Dutch	PDF
Abridged model	31/03/2022	02/09/2022	25/10/2022	Dutch	PDF
Abridged model	31/03/2021	30/09/2021	29/10/2021	Dutch	PDF
Abridged model	31/03/2020	30/09/2020	24/11/2020	Dutch	PDF
Abridged model	31/03/2019	30/09/2019	24/10/2019	Dutch	PDF
Abridged model	31/03/2018	30/09/2018	30/10/2018	Dutch	PDF
Abridged model	31/03/2017	04/09/2017	31/10/2017	Dutch	PDF
Abridged model	31/03/2016	30/09/2016	31/10/2016	Dutch	PDF
Abridged model	31/03/2015	22/09/2015	09/10/2015	Dutch	PDF
Abridged model	31/03/2014	01/09/2014	30/09/2014	Dutch	PDF
Abridged model	31/03/2013	23/09/2013	29/10/2013	Dutch	PDF
Abridged model	31/03/2012	28/09/2012	30/10/2012	Dutch	PDF
Abridged model	31/03/2011	23/09/2011	09/11/2011	Dutch	PDF
Abridged model	31/03/2010	24/09/2010	02/11/2010	Dutch	PDF
Abridged model	31/03/2009	25/09/2009	28/10/2009	Dutch	PDF
Abridged model	31/03/2008	26/09/2008	18/11/2008	Dutch	PDF
Abridged model	31/03/2007	28/09/2007	29/10/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2024 · 2 active · 1 ended

Active mandates

CORPORATE XPERTISE

Director · 0462.023.569

Represented by Andrew Kris

Active

Els De Cremer

Director

Active

Ended mandates

Els DE CREMER

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - JAARREKENINGEN - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Restructuring16/06/2010
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring28/04/2010
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Restructuring05/03/2010
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Registered office26/01/2007
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares07/06/2006
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2024
Annual accounts 2024106,1 k €↑
2023
Annual accounts 2023-67,9 k €↓
2023
Annual accounts 202358 k €↑
2022
Annual accounts 2022-252,3 k €↓
2021
Annual accounts 20218,2 k €↑
2020
Annual accounts 20202,7 k €↑
2019
Annual accounts 20192,1 k €↓
2018
Annual accounts 201844,4 k €↑
2017
Annual accounts 20173,2 k €↓
2016
Annual accounts 201641,3 k €↑
2015
Annual accounts 2015-148,5 k €↓
2014
Annual accounts 20148,7 k €↑
2013
Annual accounts 2013-16,8 k €↓
2012
Annual accounts 201259 k €↑
2010
Annual accounts 201010,3 k €↓
2009
Annual accounts 200937,6 k €↑
2008
Annual accounts 200819,5 k €↑
2007
Annual accounts 200714,6 k €
16/06/2000
IncorporationPrivate 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

BORDERLESS EXECUTIVE SEARCH

Overview

What does BORDERLESS EXECUTIVE SEARCH do?

Trend over 18 financial years

Indicative valuation

Board of directors

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