ACTIVE

EXPERTSELECT BELGIUM

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Financial year 2025 · closed on 31/12/2025

Net result

24,6 k €

+393.4% YoY

Gross margin

24,8 k €

+3761.1% YoY

Equity

31,3 k €

+368.6% YoY

What does EXPERTSELECT BELGIUM do?

EXPERTSELECT BELGIUM is a Public limited company incorporated in 2002. Its main activity is: Management consultancy activities. Its registered office is in Wavre.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0478.171.101

Incorporation

12/08/2002

Legal form

Public limited company

Registered office

Chemin du Stocquoy 1
1300 Wavre · WallonieSee on map

Contributed capital

65 004,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 46190Agents involved in the sale of a variety of goods 46190Agents involved in the sale of a variety of goods 51190Passenger air transport+3

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	24,8 k €	+3761%	-677,4 €	+96.2%	-17,7 k €	-322%	8 k €	-11.7%	9 k €	+163%	-14,4 k €	-157%	25,2 k €	+790%	2,8 k €	+122%	-12,7 k €	-191%	14 k €	+363%	3 k €	+126%	-11,5 k €	-591%	-1,7 k €	-67.2%	-995 €	+97.4%	-37,9 k €	-250%	25,3 k €	-45.1%	46,1 k €	-78.5%	214,1 k €	+47.6%	145,1 k €	+3500%	-4,3 k €
EBITDA	24,7 k €	+403%	-8,2 k €	+55.3%	-18,2 k €	-329%	8 k €	-11.4%	9 k €	+162%	-14,4 k €	-162%	23,2 k €	+2534%	-953,9 €	+92.7%	-13,1 k €	-196%	13,6 k €	+649%	1,8 k €	+113%	-14,5 k €	-620%	-2 k €	-49.8%	-1,3 k €	+96.5%	-38,2 k €	-3250%	1,2 k €	-83.9%	7,6 k €	-95.4%	163,5 k €	+39.6%	117,1 k €	+2638%	-4,6 k €
Operating result	24,7 k €	+396%	-8,3 k €	+56.3%	-19,1 k €	-371%	7,1 k €	-8.8%	7,7 k €	+152%	-14,8 k €	-166%	22,5 k €	+2017%	-1,2 k €	+91.1%	-13,2 k €	-200%	13,1 k €	+872%	1,3 k €	+109%	-15 k €	-644%	-2 k €	-49.8%	-1,3 k €	+96.5%	-38,2 k €	-32314%	-117,9 €	-102%	5,3 k €	-96.7%	158,5 k €	+40.6%	112,7 k €	+1019%	-12,3 k €
Net result	24,6 k €	+393%	-8,4 k €	+56.2%	-19,1 k €	-428%	5,8 k €	-24.1%	7,7 k €	+152%	-14,9 k €	-167%	22,3 k €	+1831%	-1,3 k €	+90.2%	-13,2 k €	-201%	13 k €	+981%	1,2 k €	+108%	-15,1 k €	-576%	-2,2 k €	+40.1%	-3,7 k €	+90.0%	-37,3 k €	-1429%	2,8 k €	+1829%	145,7 €	-99.9%	102,2 k €	+23.2%	82,9 k €	+756%	-12,6 k €
Balance sheet
Equity	31,3 k €	+369%	6,7 k €	-55.7%	15,1 k €	-56.0%	34,2 k €	+20.5%	28,4 k €	+37.1%	20,7 k €	-41.8%	35,5 k €	+169%	13,2 k €	-8.9%	14,5 k €	-47.7%	27,7 k €	+89.0%	14,7 k €	+9.0%	13,4 k €	-52.9%	28,5 k €	-7.3%	30,8 k €	-10.8%	34,5 k €	-52.0%	71,9 k €	+4.1%	69 k €	+0.2%	68,9 k €	-1.5%	69,9 k €	+72.7%	40,5 k €
Total assets	34,8 k €	+208%	11,3 k €	-55.0%	25,1 k €	-57.3%	58,8 k €	+12.0%	52,5 k €	+116%	24,3 k €	-65.1%	69,6 k €	+413%	13,6 k €	-8.7%	14,9 k €	-70.6%	50,5 k €	+58.2%	31,9 k €	+112%	15,1 k €	-64.8%	42,8 k €	+18.9%	36 k €	-13.7%	41,7 k €	-46.5%	78 k €	-19.8%	97,2 k €	-26.4%	132 k €	+50.1%	88 k €	+31.4%	67 k €
Cash	6,5 k €	-16.7%	7,9 k €	+49.0%	5,3 k €	-77.1%	23 k €	-49.5%	45,5 k €	+327%	10,7 k €	-56.4%	24,5 k €	+307%	6 k €	+372%	1,3 k €	-79.5%	6,2 k €	+356%	1,4 k €	-66.3%	4,1 k €	+135%	1,7 k €	-54.0%	3,8 k €	-31.6%	5,5 k €	-81.6%	29,9 k €	-34.7%	45,8 k €	+35.4%	33,8 k €	+23.2%	27,5 k €	+844%	2,9 k €
Debts	3,5 k €	-24.1%	4,6 k €	-54.0%	10 k €	-59.3%	24,6 k €	+1.9%	24,1 k €	+566%	3,6 k €	-89.4%	34 k €	+9213%	365,3 €	0.0%	365,3 €	-98.4%	22,8 k €	+32.1%	17,2 k €	+958%	1,6 k €	-88.1%	13,7 k €	+164%	5,2 k €	-27.6%	7,2 k €	+17.1%	6,1 k €	-78.2%	28,2 k €	-55.4%	63,1 k €	+250%	18 k €	-31.8%	26,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,5 ETP	-50.0%	1,0 ETP	0.0%	1,0 ETP	-16.7%	1,2 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 · 2 active · 8 ended

Active mandates

Anne Portzenheim

Mandate

Active

Pierre Rennotte

Mandate

Active

Ended mandates

CATHERINE PORTZENHEIM

Director · since 22 janvier 2018

Ended

JEAN-LOUIS HUBINON

Director · since 20 mai 2008

Ended

PATRICK MAISON

Managing director · since 23 décembre 2005 · until 22 décembre 2007

Ended

PATRICK MAISON

Managing director · since 23 décembre 2005 · until 22 décembre 2008

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/08/2026	30/08/2025	30/08/2024	05/06/2023	30/06/2022	28/05/2021
General meeting	19/05/2026	20/05/2025	21/05/2024	16/05/2023	17/05/2022	19/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	19/05/2026	29/08/2026	French	PDF
Micro model	31/12/2024	20/05/2025	30/08/2025	French	PDF
Micro model	31/12/2023	21/05/2024	30/08/2024	French	PDF
Micro model	31/12/2022	16/05/2023	05/06/2023	French	PDF
Micro model	31/12/2021	17/05/2022	30/06/2022	French	PDF
Micro model	31/12/2020	19/05/2021	28/05/2021	French	PDF
Micro model	31/12/2019	19/05/2020	02/06/2020	French	PDF
Micro model	31/12/2018	21/05/2019	24/05/2019	French	PDF
Micro model	31/12/2017	15/05/2018	30/05/2018	French	PDF
Abridged model	31/12/2016	16/05/2017	16/05/2017	French	PDF
Abridged model	31/12/2015	17/05/2016	25/05/2016	French	PDF
Abridged model	31/12/2014	19/05/2015	20/05/2015	French	PDF
Abridged model	31/12/2013	20/05/2014	21/08/2014	French	PDF
Abridged model	31/12/2012	21/05/2013	31/07/2013	French	PDF
Abridged model	31/12/2011	15/05/2012	27/08/2012	French	PDF
Abridged model	31/12/2010	17/05/2011	26/07/2011	French	PDF
Abridged model	31/12/2009	18/05/2010	27/08/2010	French	PDF
Abridged model	31/12/2008	15/06/2009	30/06/2009	French	PDF
Abridged model	31/12/2007	13/05/2008	01/07/2008	French	PDF
Abridged model	31/12/2006	15/05/2007	13/06/2007	French	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 31/12/2025 · 2 active · 8 ended

Active mandates

Anne Portzenheim

Mandate

Active

Pierre Rennotte

Mandate

Active

Ended mandates

CATHERINE PORTZENHEIM

Director · since 22 janvier 2018

Ended

JEAN-LOUIS HUBINON

Director · since 20 mai 2008

Ended

PATRICK MAISON

Managing director · since 23 décembre 2005 · until 22 décembre 2007

Ended

PATRICK MAISON

Managing director · since 23 décembre 2005 · until 22 décembre 2008

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/08/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates12/08/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates29/01/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates29/04/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates05/12/2008
DEMISSIONS, NOMINATIONS
PDF
Mandates24/07/2008
DEMISSIONS, NOMINATIONS
PDF
Registered office15/06/2006
SIEGE SOCIAL
PDF
Mandates14/03/2006
DEMISSIONS, NOMINATIONS
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 202524,6 k €↑
2024
Annual accounts 2024-8,4 k €↑
2023
Annual accounts 2023-19,1 k €↓
2022
Annual accounts 20225,8 k €↓
2021
Annual accounts 20217,7 k €↑
2020
Annual accounts 2020-14,9 k €↓
2019
Annual accounts 201922,3 k €↑
2018
Annual accounts 2018-1,3 k €↑
2017
Annual accounts 2017-13,2 k €↓
2016
Annual accounts 201613 k €↑
2015
Annual accounts 20151,2 k €↑
2014
Annual accounts 2014-15,1 k €↓
2013
Annual accounts 2013-2,2 k €↑
2012
Annual accounts 2012-3,7 k €↑
2011
Annual accounts 2011-37,3 k €↓
2010
Annual accounts 20102,8 k €↑
2009
Annual accounts 2009145,7 €↓
2008
Annual accounts 2008102,2 k €↑
2007
Annual accounts 200782,9 k €↑
2006
Annual accounts 2006-12,6 k €
12/08/2002
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

EXPERTSELECT BELGIUM

Overview

What does EXPERTSELECT BELGIUM do?

Trend over 20 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