ACTIVE

EXCHANGE

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Financial year 2025 · closed on 31/12/2025
Net result
-17,5 k €
+86.2% YoY
Gross margin
221,4 k €
+84.7% YoY
Equity
96,7 k €
-15.3% YoY
Workforce
2,4 ETP
0.0% YoY

What does EXCHANGE do?

EXCHANGE is a Non-profit organization incorporated in 2001. Its main activity is: Management consultancy activities. Its registered office is in Antwerpen. It employs on average 2,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0476.481.222
Incorporation
26/11/2001
Legal form
Non-profit organization
Registered office
Sneeuwbeslaan 20
2610 Antwerpen · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
2,4 ETP
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities88999Other social work activities without accommodation n.e.c.88999Other social work activities without accommodation n.e.c.73110Advertising agencies73110Advertising agencies
Joint committees (1)
  • 32901
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 4 financial years

2025202420232022
Income statement
Gross margin221,4 k €119,9 k €130,5 k €76,9 k €
EBITDA-12,6 k €-120,1 k €8 k €3,1 k €
Operating result-13,6 k €-121,1 k €7 k €3,1 k €
Net result-17,5 k €-126,1 k €2,6 k €100 €
Balance sheet
Equity96,7 k €114,1 k €240,2 k €237,6 k €
Total assets161,7 k €328,2 k €568,4 k €689,9 k €
Cash64,1 k €236,3 k €553,6 k €674,3 k €
Debts65 k €214,1 k €206,2 k €264,1 k €
Other
Workforce2,4 ETP2,4 ETP1,2 ETP0,9 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 31/12/2025 · 8 active · 13 ended

Active mandates

Claudine Aelvoet

Director · since 18 juin 2025 · until 30 juin 2029

Active
Eva Verbist

Director · since 18 juin 2025 · until 30 juin 2029

Active
Hans Diels

Director · since 18 juin 2025 · until 30 juin 2029

Active
Johan Stessens

Director · since 18 mai 2025 · until 30 juin 2029

Active
Boerenbond

Director · since 22 juin 2023 · until 30 juin 2027 · 0877.553.258

Represented by Christian Stivigny

Active
ETION Synergia

Director · since 22 juin 2023 · until 30 juin 2027 · 0410.248.038

Represented by Gino Vijncke

Active
Unie van Zelfstandige Ondernemers

Chairman of the board of directors · since 22 juin 2023 · until 30 juin 2027 · 0410.337.219

Represented by Thomas Pirard

Active
Dirk Van Der Stede

Director · since 13 février 2023 · until 30 juin 2027

Active

Ended mandates

Boerenbond

Director · since 22 juin 2023 · until 30 juin 2027 · 0877.553.258

Represented by Christian Stivigny

Ended
Incofin Microfinance Fund

Director · since 22 juin 2023 · until 30 juin 2027 · 0448.125.845

Represented by Henri Vansweevelt

Ended
Incofin Microfinance Fund

Director · since 22 juin 2023 · until 20 juin 2024 · 0448.125.845

Represented by Henri Vansweevelt

Ended
Karel Huysmans

Director · since 22 juin 2023 · until 20 juin 2024

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 date31/07/202625/06/202502/07/202426/06/202330/06/202229/06/2021
General meeting31/07/202618/06/202520/06/202422/06/202322/06/202217/06/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202531/07/202631/07/2026DutchPDF
Abridged model31/12/202418/06/202525/06/2025DutchPDF
Abridged model31/12/202320/06/202402/07/2024DutchPDF
Abridged model31/12/202222/06/202326/06/2023DutchPDF
Abridged model31/12/202122/06/202230/06/2022DutchPDF
Abridged model31/12/202017/06/202129/06/2021DutchPDF
Abridged model31/12/201923/06/202014/07/2020DutchPDF
Abridged model31/12/201818/06/201916/07/2019DutchPDF
Abridged model31/12/201706/06/201803/07/2018DutchPDF
Abridged model31/12/201621/06/201714/07/2017DutchPDF
Abridged model31/12/201506/06/201608/06/2016DutchPDF
Abridged model31/12/201411/06/201508/07/2015DutchPDF
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 31/12/2025 · 8 active · 13 ended

Active mandates

Claudine Aelvoet

Director · since 18 juin 2025 · until 30 juin 2029

Active
Eva Verbist

Director · since 18 juin 2025 · until 30 juin 2029

Active
Hans Diels

Director · since 18 juin 2025 · until 30 juin 2029

Active
Johan Stessens

Director · since 18 mai 2025 · until 30 juin 2029

Active
Boerenbond

Director · since 22 juin 2023 · until 30 juin 2027 · 0877.553.258

Represented by Christian Stivigny

Active
ETION Synergia

Director · since 22 juin 2023 · until 30 juin 2027 · 0410.248.038

Represented by Gino Vijncke

Active
Unie van Zelfstandige Ondernemers

Chairman of the board of directors · since 22 juin 2023 · until 30 juin 2027 · 0410.337.219

Represented by Thomas Pirard

Active
Dirk Van Der Stede

Director · since 13 février 2023 · until 30 juin 2027

Active

Ended mandates

Boerenbond

Director · since 22 juin 2023 · until 30 juin 2027 · 0877.553.258

Represented by Christian Stivigny

Ended
Incofin Microfinance Fund

Director · since 22 juin 2023 · until 30 juin 2027 · 0448.125.845

Represented by Henri Vansweevelt

Ended
Incofin Microfinance Fund

Director · since 22 juin 2023 · until 20 juin 2024 · 0448.125.845

Represented by Henri Vansweevelt

Ended
Karel Huysmans

Director · since 22 juin 2023 · until 20 juin 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/07/2025
    ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates14/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/03/2020
    ONTSLAGEN - BENOEMINGEN - 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

Timeline

  1. 2025
    Annual accounts 2025-17,5 k €↑
  2. 2024
    Annual accounts 2024-126,1 k €↓
  3. 2023
    Annual accounts 20232,6 k €↑
  4. 2022
    Annual accounts 2022100 €
  5. 26/11/2001
    IncorporationNon-profit organization