ACTIVE

EHAD

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Financial year 2024 · closed on 31/12/2024

Net result

28,4 M €

+2581.6% YoY

Gross margin

-379,1 k €

-234.4% YoY

Equity

34,9 M €

+371.5% YoY

What does EHAD do?

EHAD is a Private limited company incorporated in 2002. Its main activity is: Management consultancy activities. Its registered office is in Woluwe-Saint-Pierre.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0477.923.057

Incorporation

08/07/2002

Legal form

Private limited company

Registered office

Rue Henrotte 23
1150 Woluwe-Saint-Pierre · BruxellesSee on map

Contributed capital

13 600,00 €

Latest accounts

31/12/2024

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-379,1 k €	-234%	-113,4 k €	-331%	49,1 k €	+999%	-5,5 k €	-100%	1,6 M €	+6790%	-23,8 k €	-147%	51,1 k €	-96.9%	1,6 M €	+3922%	-42,5 k €	-392%	14,6 k €	-19.1%	18 k €	+172%	-24,9 k €	-7609%	-322,9 €	+98.3%	-18,8 k €	-57.6%	-12 k €	+57.3%	-28 k €	-192%	30,4 k €	-78.1%	138,6 k €	+125%	61,5 k €
EBITDA	-419,7 k €	-252%	-119,2 k €	-371%	43,9 k €	+624%	-8,4 k €	-101%	1,6 M €	+4777%	-33,7 k €	-170%	48,4 k €	-97.0%	1,6 M €	+3699%	-45,1 k €	-485%	11,7 k €	-23.1%	15,2 k €	+137%	-41,5 k €	-1178%	-3,2 k €	+88.8%	-28,9 k €	-46.0%	-19,8 k €	+42.5%	-34,4 k €	-221%	28,4 k €	-79.2%	136,4 k €	+130%	59,3 k €
Operating result	-554,1 k €	-119%	-252,6 k €	-205%	-82,8 k €	+20.2%	-103,7 k €	-107%	1,4 M €	+1561%	-97,4 k €	-1051%	-8,5 k €	-101%	1,6 M €	+1673%	-99,5 k €	-365%	-21,4 k €	-3.6%	-20,6 k €	+73.8%	-78,7 k €	-83.3%	-42,9 k €	+36.2%	-67,3 k €	-39.1%	-48,4 k €	+41.0%	-82 k €	-405%	-16,2 k €	-116%	100,6 k €	+342%	22,8 k €
Net result	28,4 M €	+2582%	1,1 M €	-47.6%	2 M €	+129%	883,1 k €	-31.3%	1,3 M €	+31.8%	975 k €	+8189%	-12,1 k €	-101%	1,6 M €	+199%	525,6 k €	+90.9%	275,3 k €	+1629%	-18 k €	-11.3%	-16,2 k €	-108%	206,3 k €	-40.8%	348,3 k €	+139%	146 k €	+641%	-27 k €	-114%	192,4 k €	+377%	40,3 k €	+7455%	-548 €
Balance sheet
Equity	34,9 M €	+371%	7,4 M €	-1.2%	7,5 M €	+37.1%	5,5 M €	+19.3%	4,6 M €	+38.4%	3,3 M €	+38.4%	2,4 M €	-2.8%	2,5 M €	+177%	887,1 k €	+145%	361,5 k €	+0.4%	360,2 k €	-29.6%	511,5 k €	-3.1%	527,7 k €	+38.4%	381,4 k €	+1052%	33,1 k €	-82.3%	187,1 k €	-12.6%	214,1 k €	+138%	89,9 k €	+127%	39,6 k €
Total assets	35,9 M €	+308%	8,8 M €	+11.0%	7,9 M €	+41.1%	5,6 M €	+12.4%	5 M €	+38.1%	3,6 M €	+26.9%	2,9 M €	-1.7%	2,9 M €	+85.8%	1,6 M €	+75.0%	892,8 k €	-1.2%	903,3 k €	-1.9%	920,4 k €	-9.7%	1 M €	+16.3%	876 k €	-3.0%	903,4 k €	+7.4%	841,5 k €	-11.3%	948,5 k €	+10.9%	854,9 k €	+53.7%	556,2 k €
Cash	4,5 M €	+189%	1,6 M €	+14.6%	1,4 M €	+85.0%	738,3 k €	+119%	337,9 k €	+987%	31,1 k €	+147%	12,6 k €	-51.3%	25,8 k €	-93.9%	422,6 k €	+195%	143,2 k €		–		13 k €	-80.8%	67,9 k €	+2654%	2,5 k €	-94.9%	48,6 k €	+2781%	1,7 k €	+31.0%	1,3 k €	-94.9%	25 k €	+494%	4,2 k €
Debts	1 M €	-26.7%	1,4 M €	+217%	444,5 k €	+178%	159,9 k €	-62.1%	421,3 k €	+34.9%	312,4 k €	-32.6%	463,2 k €	+4.2%	444,5 k €	-34.2%	675,2 k €	+27.1%	531,3 k €	-2.0%	542,3 k €	+32.6%	408,8 k €	-16.5%	489,9 k €	-0.7%	493,3 k €	-43.2%	868,9 k €	+33.1%	652,9 k €	-11.1%	734,4 k €	-4.0%	765 k €	+48.1%	516,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 4 ended

Active mandates

Claude FICKERS

Director · since 04 septembre 2023

Active

Olivier LECLIPTEUR

Director · since 13 avril 2023

Active

Ended mandates

Annie OKMEZ

Director · since 27 janvier 2022

Ended

Claude FICKERS

Director · since 08 juillet 2002

Ended

Claude FICKERS

Director

Ended

Claude FICKERS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Association des copropriétaires de la Résidence LEGRAND I sise à Woluwe-Saint-Pierre, rue Henrotte 23● Active	0552.651.956
HEYA● Active	0804.101.987

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/08/2025	18/06/2024	19/04/2024	04/01/2023	30/09/2021	08/10/2020
General meeting	30/06/2025	04/06/2024	06/11/2023	29/04/2022	25/06/2021	08/09/2020
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	30/06/2025	19/08/2025	French	PDF
Abridged model	31/12/2023	04/06/2024	18/06/2024	French	PDF
Abridged model	31/12/2022	06/11/2023	19/04/2024	French	PDF
Micro model	31/12/2021	29/04/2022	04/01/2023	French	PDF
Micro model	31/12/2020	25/06/2021	30/09/2021	French	PDF
Micro model	31/12/2019	08/09/2020	08/10/2020	French	PDF
Micro model	31/12/2018	28/06/2019	31/08/2019	French	PDF
Micro modelCorrection	31/12/2017	29/06/2018	31/10/2018	French	PDF
Micro model	31/12/2017	29/06/2018	31/08/2018	French	PDF
Micro modelCorrection	31/12/2016	30/06/2017	09/10/2017	French	PDF
Micro model	31/12/2016	30/06/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	27/06/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	16/04/2015	30/09/2015	French	PDF
Abridged model	31/12/2013	17/04/2014	26/09/2014	French	PDF
Abridged model	31/12/2012	18/04/2013	30/09/2013	French	PDF
Abridged model	31/12/2011	19/04/2012	15/11/2012	French	PDF
Abridged model	31/12/2010	21/04/2011	30/08/2011	French	PDF
Abridged model	31/12/2009	15/04/2010	30/09/2010	French	PDF
Abridged model	31/12/2008	16/04/2009	30/09/2009	French	PDF
Abridged model	31/12/2007	17/04/2008	13/08/2008	French	PDF
Abridged model	31/12/2006	19/04/2007	04/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/12/2024 · 2 active · 4 ended

Active mandates

Claude FICKERS

Director · since 04 septembre 2023

Active

Olivier LECLIPTEUR

Director · since 13 avril 2023

Active

Ended mandates

Annie OKMEZ

Director · since 27 janvier 2022

Ended

Claude FICKERS

Director · since 08 juillet 2002

Ended

Claude FICKERS

Director

Ended

Claude FICKERS

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/09/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates08/09/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates23/05/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates11/04/2022
DEMISSIONS, NOMINATIONS
PDF
Registered office28/12/2015
SIEGE SOCIAL
PDF
Registered office04/05/2006
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

2024
Annual accounts 202428,4 M €↑
2023
Annual accounts 20231,1 M €↓
2022
Annual accounts 20222 M €↑
2022
Name changeEHAD
2021
Annual accounts 2021883,1 k €↓
2021
Name changeCOUGAR CONSULTING
2020
Annual accounts 20201,3 M €↑
2019
Annual accounts 2019975 k €↑
2018
Annual accounts 2018-12,1 k €↓
2017
Annual accounts 20171,6 M €↑
2016
Annual accounts 2016525,6 k €↑
2015
Annual accounts 2015275,3 k €↑
2014
Annual accounts 2014-18 k €↓
2013
Annual accounts 2013-16,2 k €↓
2012
Annual accounts 2012206,3 k €↓
2011
Annual accounts 2011348,3 k €↑
2010
Annual accounts 2010146 k €↑
2009
Annual accounts 2009-27 k €↓
2008
Annual accounts 2008192,4 k €↑
2007
Annual accounts 200740,3 k €↑
2006
Annual accounts 2006-548 €
08/07/2002
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

EHAD

Overview

What does EHAD 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