ACTIVE

ANOREL

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Financial year 2025 · closed on 30/09/2025

Net result

160,7 k €

+211.1% YoY

Revenue

24,7 M €

+17.8% YoY

Equity

3 M €

+5.6% YoY

Workforce

17,8 ETP

+5.3% YoY

What does ANOREL do?

ANOREL is a Public limited company incorporated in 2000. Its registered office is in Hove. It employs on average 17,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0472.483.535

Incorporation

26/07/2000

Legal form

Public limited company

Registered office

Lintsesteenweg 632
2540 Hove · FlandreSee on map

Contributed capital

462 000,00 €

Latest accounts

30/09/2025

Average workforce

17,8 ETP

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2021		2020		2019		2018		2017		2016		2015		2014		2013		2011		2010		2009		2008		2007
Income statement
Revenue	24,7 M €	+17.8%	20,9 M €	-19.3%	25,9 M €	+39.1%	18,7 M €	-0.1%	18,7 M €	-2.2%	19,1 M €	+0.2%	19,1 M €	+0.4%	19 M €	+12.4%	16,9 M €	+1.5%	16,7 M €	+17.8%	14,1 M €	+13.4%	12,5 M €	-12.1%	14,2 M €	+19.4%	11,9 M €	-1.8%	12,1 M €	-49.5%	23,9 M €	+199%	8 M €
EBITDA	636,3 k €	+33.0%	478,6 k €	-46.7%	897,2 k €	+17.8%	761,8 k €	+58.8%	479,9 k €	+53.7%	312,1 k €	-18.5%	383,1 k €	+41.9%	269,9 k €	-18.8%	332,3 k €	-1.5%	337,4 k €	-11.8%	382,6 k €	+49.7%	255,6 k €	-33.0%	381,6 k €	-24.7%	506,6 k €	-15.9%	602,6 k €	-31.0%	873,8 k €	+279%	230,7 k €
Operating result	520,1 k €	+22.2%	425,6 k €	-50.1%	853,4 k €	+84.8%	461,7 k €	+8.0%	427,5 k €	+62.2%	263,6 k €	-25.5%	353,6 k €	+55.0%	228,1 k €	-15.7%	270,7 k €	+18.4%	228,7 k €	-8.2%	249,1 k €	+101%	123,7 k €	-60.0%	309,2 k €	-21.5%	393,9 k €	-22.0%	504,6 k €	-34.6%	771,8 k €	+517%	125 k €
Net result	160,7 k €	+211%	51,7 k €	-78.3%	237,6 k €	+30.2%	182,5 k €	+8662%	2,1 k €	-98.4%	127,2 k €	-3.8%	132,2 k €	+81.2%	73 k €	-28.6%	102,1 k €	+1020%	9,1 k €	+49.9%	6,1 k €	+746%	719 €	-99.5%	145,7 k €	+0.2%	145,4 k €	-2.9%	149,7 k €	-22.0%	192 k €	+4740%	4 k €
Balance sheet
Equity	3 M €	+5.6%	2,9 M €	+1.8%	2,8 M €	+53.1%	1,8 M €	+11.0%	1,7 M €	+0.1%	1,7 M €	+8.3%	1,5 M €	+9.4%	1,4 M €	+5.5%	1,3 M €	+8.3%	1,2 M €	+0.7%	1,2 M €	+0.5%	1,2 M €	+3.0%	1,2 M €	+14.1%	1 M €	+76.0%	585,7 k €	+34.3%	436 k €	+78.7%	244 k €
Total assets	15,8 M €	+41.7%	11,2 M €	-2.3%	11,4 M €	+4.4%	10,9 M €	+32.9%	8,2 M €	+7.4%	7,7 M €	+2.6%	7,5 M €	+4.8%	7,1 M €	+16.8%	6,1 M €	-8.5%	6,7 M €	-2.5%	6,8 M €	+21.3%	5,6 M €	+1.4%	5,6 M €	+13.6%	4,9 M €	+23.3%	4 M €	-53.4%	8,5 M €	+97.9%	4,3 M €
Cash	752,1 k €	-45.3%	1,4 M €	+92.4%	714,2 k €	-3.2%	737,6 k €	+1043%	64,5 k €	-79.4%	313,7 k €	-36.3%	492,6 k €	-40.7%	830,9 k €	+74.8%	475,5 k €	+44.2%	329,8 k €	-3.6%	342,1 k €	+125%	152,3 k €	-46.3%	283,7 k €	-34.7%	434,5 k €	-21.9%	556,7 k €	-9.6%	615,6 k €	+402%	122,7 k €
Debts	12,3 M €	+63.0%	7,5 M €	-4.9%	7,9 M €	-13.1%	9,1 M €	+38.4%	6,6 M €	+11.4%	5,9 M €	+1.2%	5,8 M €	+3.4%	5,6 M €	+21.5%	4,6 M €	-13.9%	5,4 M €	-3.4%	5,6 M €	+28.9%	4,3 M €	-0.5%	4,4 M €	+15.9%	3,8 M €	+13.8%	3,3 M €	-58.6%	8 M €	+100%	4 M €
Other
Workforce	17,8 ETP	+5.3%	16,9 ETP	+9.0%	15,5 ETP	-0.6%	15,6 ETP	+2.6%	15,2 ETP	+5.6%	14,4 ETP	+5.9%	13,6 ETP	+9.7%	12,4 ETP	-5.3%	13,1 ETP	-24.7%	17,4 ETP	-7.9%	18,9 ETP	+1.6%	18,6 ETP	+8.8%	17,1 ETP	+6.2%	16,1 ETP	+6.6%	15,1 ETP	+3.4%	14,6 ETP	+16.8%	12,5 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 30/09/2025 · 6 active · 9 ended

Active mandates

BREAKOUT CONSULTING

Managing director · since 12 décembre 2025 · until 28 mars 2031 · 0717.603.723

Represented by Kris Claessens

Active

Patrick Barendse

Director · since 12 décembre 2025 · until 28 mars 2031

Active

Patrick Groeneveld

Director · since 12 décembre 2025 · until 28 mars 2031

Active

STEVENSDOTTIR

Managing director · since 12 décembre 2025 · until 28 mars 2031 · 0767.823.888

Represented by Josephine Cafmeyer

Active

C.S.S.

Director · since 05 janvier 2018 · until 20 février 2025 · 0447.694.788

Represented by Steven Cafmeyer

Active

Steven Cafmeyer

Managing director · until 28 mars 2031

Active

Ended mandates

C.S.S.

Director · since 05 janvier 2018 · until 05 janvier 2024 · 0447.694.788

Represented by Steven Cafmeyer

Ended

C.S.S.

Director · since 05 janvier 2018 · until 05 janvier 2024 · 0447.694.788

Represented by Steven Cafmeyer

Ended

C.S.S.

Director · since 05 janvier 2018 · until 05 janvier 2024 · 0447.694.788

Represented by Steven Cafmeyer

Ended

Steven Cafmeyer

Managing director · since 05 janvier 2018 · until 05 janvier 2024

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/04/2026	14/04/2025	20/03/2024	29/03/2023	31/01/2022	01/02/2021
General meeting	27/03/2026	28/03/2025	04/03/2024	14/02/2023	03/01/2022	04/01/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	30/09/2025	27/03/2026	01/04/2026	Dutch	PDF
Full model	30/09/2024	28/03/2025	14/04/2025	Dutch	PDF
Full model	30/09/2023	04/03/2024	20/03/2024	Dutch	PDF
Full model	30/09/2022	14/02/2023	29/03/2023	Dutch	PDF
Full model	30/09/2021	03/01/2022	31/01/2022	Dutch	PDF
Full model	30/09/2020	04/01/2021	01/02/2021	Dutch	PDF
Full model	30/09/2019	06/01/2020	21/02/2020	Dutch	PDF
Full model	30/09/2018	07/01/2019	27/02/2019	Dutch	PDF
Full model	30/09/2017	02/01/2018	02/02/2018	Dutch	PDF
Full model	30/09/2016	02/01/2017	20/02/2017	Dutch	PDF
Full model	30/09/2015	04/01/2016	03/03/2016	Dutch	PDF
Full model	30/09/2014	05/01/2015	19/02/2015	Dutch	PDF
Full model	30/09/2013	06/01/2014	10/06/2014	Dutch	PDF
Full model	30/09/2012	07/01/2013	26/02/2013	Dutch	PDF
Full model	30/09/2011	02/01/2012	27/02/2012	Dutch	PDF
Full model	30/09/2010	03/01/2011	22/02/2011	Dutch	PDF
Full model	30/09/2009	04/01/2010	26/02/2010	Dutch	PDF
Full model	30/09/2008	05/01/2009	10/03/2009	Dutch	PDF
Full model	30/09/2007	07/01/2008	27/02/2008	Dutch	PDF
Full model	30/09/2006	02/01/2007	02/03/2007	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 30/09/2025 · 6 active · 9 ended

Active mandates

BREAKOUT CONSULTING

Managing director · since 12 décembre 2025 · until 28 mars 2031 · 0717.603.723

Represented by Kris Claessens

Active

Patrick Barendse

Director · since 12 décembre 2025 · until 28 mars 2031

Active

Patrick Groeneveld

Director · since 12 décembre 2025 · until 28 mars 2031

Active

STEVENSDOTTIR

Managing director · since 12 décembre 2025 · until 28 mars 2031 · 0767.823.888

Represented by Josephine Cafmeyer

Active

C.S.S.

Director · since 05 janvier 2018 · until 20 février 2025 · 0447.694.788

Represented by Steven Cafmeyer

Active

Steven Cafmeyer

Managing director · until 28 mars 2031

Active

Ended mandates

C.S.S.

Director · since 05 janvier 2018 · until 05 janvier 2024 · 0447.694.788

Represented by Steven Cafmeyer

Ended

C.S.S.

Director · since 05 janvier 2018 · until 05 janvier 2024 · 0447.694.788

Represented by Steven Cafmeyer

Ended

C.S.S.

Director · since 05 janvier 2018 · until 05 janvier 2024 · 0447.694.788

Represented by Steven Cafmeyer

Ended

Steven Cafmeyer

Managing director · since 05 janvier 2018 · until 05 janvier 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/04/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates28/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/04/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/03/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares23/12/2014
KAPITAAL - AANDELEN
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 2025160,7 k €↑
2024
Annual accounts 202451,7 k €↓
2023
Annual accounts 2023237,6 k €↑
2021
Annual accounts 2021182,5 k €↑
2020
Annual accounts 20202,1 k €↓
2019
Annual accounts 2019127,2 k €↓
2018
Annual accounts 2018132,2 k €↑
2017
Annual accounts 201773 k €↓
2016
Annual accounts 2016102,1 k €↑
2015
Annual accounts 20159,1 k €↑
2014
Annual accounts 20146,1 k €↑
2013
Annual accounts 2013719 €↓
2011
Annual accounts 2011145,7 k €↑
2010
Annual accounts 2010145,4 k €↓
2009
Annual accounts 2009149,7 k €↓
2008
Annual accounts 2008192 k €↑
2007
Annual accounts 20074 k €
26/07/2000
IncorporationPublic 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

ANOREL

Overview

What does ANOREL do?

Trend over 17 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