ACTIVE

SILVER PARTNERS

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Financial year 2026 · closed on 31/01/2026

Net result

56,3 k €

+39.0% YoY

Gross margin

801,1 k €

+12.8% YoY

Equity

582,3 k €

+10.7% YoY

Workforce

4,8 ETP

-12.7% YoY

What does SILVER PARTNERS do?

SILVER PARTNERS is a Private limited company incorporated in 2002. Its registered office is in Andenne. It employs on average 4,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.776.774

Incorporation

06/02/2002

Legal form

Private limited company

Registered office

Avenue Roi Albert 27
5300 Andenne · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

31/01/2026

Average workforce

4,8 ETP

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2026		2025		2024		2023		2022		2020		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	801,1 k €	+12.8%	710,4 k €	+3.5%	686,7 k €	+34.0%	512,6 k €	-14.4%	598,9 k €	+123%	268,5 k €	+38.9%	193,3 k €	+77.1%	109,1 k €	+44.9%	75,3 k €	+532%	11,9 k €	-52.5%	25,1 k €	-8.4%	27,4 k €	+2530%	-1,1 k €	+63.4%	-3,1 k €	-140%	7,7 k €	+148%	3,1 k €	+521%	-734 €	-448%	-134 €	-102%	8,5 k €
EBITDA	542,1 k €	+41.0%	384,6 k €	-6.7%	412,1 k €	+27.3%	323,8 k €	-33.9%	490,1 k €	+183%	173,1 k €	+15.2%	150,3 k €	+99.4%	75,3 k €	+5.1%	71,7 k €	+578%	10,6 k €	-56.1%	24,1 k €	-10.9%	27 k €	+2874%	-974,4 €	+71.6%	-3,4 k €	-175%	4,6 k €	+668%	598 €	+224%	-484 €	-261%	-134 €	-102%	7,4 k €
Operating result	225,9 k €	+46.3%	154,4 k €	-47.8%	295,9 k €	+128%	129,6 k €	-52.6%	273,2 k €	+3184%	8,3 k €	-85.3%	56,7 k €	+64.9%	34,4 k €	-24.2%	45,4 k €	+354%	-17,9 k €	-353%	7,1 k €	-73.9%	27 k €	+2874%	-974,4 €	+71.6%	-3,4 k €	-175%	4,6 k €	+668%	598 €	+224%	-484 €	+49.5%	-959 €	-118%	5,4 k €
Net result	56,3 k €	+39.0%	40,5 k €	-79.9%	201,8 k €	+133%	86,6 k €	-60.6%	219,9 k €	+7343%	3 k €	-94.0%	48,9 k €	+136%	20,7 k €	-42.6%	36,2 k €	+255%	-23,4 k €	-465%	6,4 k €	-76.3%	27 k €	+5908%	-465,4 €	+86.9%	-3,5 k €	-185%	4,2 k €	+802%	465 €	+184%	-554 €	+62.9%	-1,5 k €	-307%	722 €
Balance sheet
Equity	582,3 k €	+10.7%	526 k €	+8.0%	487,2 k €	+70.7%	285,5 k €	+43.6%	198,8 k €	+243%	57,9 k €	+5.4%	55 k €	+52.5%	36,1 k €	+136%	15,3 k €	+173%	-20,9 k €	-935%	2,5 k €	+164%	-3,9 k €	+87.4%	-30,9 k €	+25.7%	-41,6 k €	-9.3%	-38,1 k €	+9.9%	-42,3 k €	+1.1%	-42,7 k €	-1.3%	-42,2 k €	-3.7%	-40,7 k €
Total assets	2,5 M €	-0.1%	2,5 M €	+140%	1,1 M €	+15.6%	916,7 k €	+8.0%	848,6 k €	+11.1%	763,9 k €	+40.4%	544,1 k €	+20.1%	452,8 k €	+61.6%	280,3 k €	+24.8%	224,6 k €	+105%	109,3 k €	+93.0%	56,6 k €	+4005%	1,4 k €	-69.0%	4,4 k €	-63.7%	12,2 k €	-43.8%	21,8 k €	+184%	7,7 k €	-0.9%	7,7 k €	-18.1%	9,5 k €
Cash	7,6 k €	+70.6%	4,4 k €	-85.6%	30,9 k €	-8.9%	33,9 k €	-74.9%	135,2 k €	+481%	23,3 k €	+39.5%	16,7 k €	+187%	5,8 k €	+2324%	240 €	-99.5%	49,7 k €	+5265%	926 €	-82.4%	5,3 k €	+656%	696,7 €	+1.1%	689 €	-81.3%	3,7 k €	-70.8%	12,6 k €	+130%	5,5 k €	+6043%	89 €	-90.9%	974 €
Debts	2 M €	-2.9%	2 M €	+254%	568 k €	-9.4%	627,2 k €	-3.5%	649,8 k €	-6.9%	697,7 k €	+111%	330 k €	+28.4%	257,1 k €	+48.6%	173 k €	-19.3%	214,4 k €	+101%	106,8 k €	+76.5%	60,5 k €	+87.3%	32,3 k €	-29.1%	45,6 k €	-8.5%	49,8 k €	-21.6%	63,5 k €	+27.3%	49,9 k €	+1.5%	49,2 k €	-0.2%	49,3 k €
Other
Workforce	4,8 ETP	-12.7%	5,5 ETP	+34.1%	4,1 ETP	+78.3%	2,3 ETP	+53.3%	1,5 ETP	0.0%	1,5 ETP	+36.4%	1,1 ETP		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/01/2026 · 2 active · 6 ended

Active mandates

Delphine Marie Michaux

Director · since 25 juin 2019

Active

Edmond DETRY

Director

Active

Ended mandates

Delphine MICHAUX

Director · since 25 juin 2019

Ended

Chantal CUVILLIER

Director · since 20 octobre 2008 · until 25 juin 2019

Ended

Chantal CUVILLIER

Manager · since 20 octobre 2008

Ended

EDMOND DETRY

Manager · since 30 juin 2008 · until 29 juin 2014

Ended

At this address

Other companies at this address

Company	CBE no.
Outdoor Expo● Active	0777.457.869

Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/02/2025	01/02/2024	01/02/2023	01/02/2022	01/02/2021	01/02/2020
Closing of the financial year	31/01/2026	31/01/2025	31/01/2024	31/01/2023	31/01/2022	31/01/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/07/2026	30/09/2025	30/09/2024	31/07/2023	21/10/2022	30/11/2021
General meeting	19/05/2026	20/05/2025	21/05/2024	16/05/2023	17/05/2022	11/05/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/01/2026	19/05/2026	29/07/2026	French	PDF
Abridged model	31/01/2025	20/05/2025	30/09/2025	French	PDF
Abridged model	31/01/2024	21/05/2024	30/09/2024	French	PDF
Abridged model	31/01/2023	16/05/2023	31/07/2023	French	PDF
Abridged model	31/01/2022	17/05/2022	21/10/2022	French	PDF
Abridged model	31/01/2021	11/05/2021	30/11/2021	French	PDF
Abridged model	31/01/2020	07/09/2020	30/10/2020	French	PDF
Abridged model	31/12/2018	25/06/2019	03/07/2019	French	PDF
Micro model	31/12/2017	08/05/2018	31/08/2018	French	PDF
Micro model	31/12/2016	31/03/2017	04/08/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	27/07/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	16/07/2015	French	PDF
Abridged model	31/12/2013	20/06/2014	12/08/2014	French	PDF
Abridged model	31/12/2012	21/05/2013	11/07/2013	French	PDF
Abridged model	31/12/2011	29/06/2012	02/07/2012	French	PDF
Abridged model	31/12/2010	10/06/2011	20/06/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	22/07/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	02/09/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	28/08/2008	French	PDF
Abridged model	31/12/2006	15/01/2008	06/02/2008	French	PDF
Abridged model	31/12/2005	31/07/2006	30/01/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/01/2026 · 2 active · 6 ended

Active mandates

Delphine Marie Michaux

Director · since 25 juin 2019

Active

Edmond DETRY

Director

Active

Ended mandates

Delphine MICHAUX

Director · since 25 juin 2019

Ended

Chantal CUVILLIER

Director · since 20 octobre 2008 · until 25 juin 2019

Ended

Chantal CUVILLIER

Manager · since 20 octobre 2008

Ended

EDMOND DETRY

Manager · since 30 juin 2008 · until 29 juin 2014

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/11/2024
DEMISSIONS, NOMINATIONS
PDF
Registered office18/07/2024
SIEGE SOCIAL
PDF
Mandates13/12/2019
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ANNEE COMPTABLE
PDF
Mandates10/09/2019
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Registered office11/03/2013
SIEGE SOCIAL
PDF
Mandates04/11/2008
DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Registered office05/11/2004
SIEGE SOCIAL
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

2026
Annual accounts 202656,3 k €↑
2025
Annual accounts 202540,5 k €↓
2024
Annual accounts 2024201,8 k €↑
2023
Annual accounts 202386,6 k €↓
2022
Annual accounts 2022219,9 k €↑
2020
Annual accounts 20203 k €↓
2018
Annual accounts 201848,9 k €↑
2017
Annual accounts 201720,7 k €↓
2016
Annual accounts 201636,2 k €↑
2015
Annual accounts 2015-23,4 k €↓
2014
Annual accounts 20146,4 k €↓
2013
Annual accounts 201327 k €↑
2012
Annual accounts 2012-465,4 €↑
2011
Annual accounts 2011-3,5 k €↓
2010
Annual accounts 20104,2 k €↑
2009
Annual accounts 2009465 €↑
2008
Annual accounts 2008-554 €↑
2007
Annual accounts 2007-1,5 k €↓
2006
Annual accounts 2006722 €
06/02/2002
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

SILVER PARTNERS

Overview

What does SILVER PARTNERS do?

Trend over 19 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