ACTIVE

INEXSA

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Financial year 2025 · closed on 31/12/2025

Net result

91,3 k €

+66.3% YoY

Gross margin

130,3 k €

+54.0% YoY

Equity

292,2 k €

+39.9% YoY

What does INEXSA do?

INEXSA is a Private limited company incorporated in 2003. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0480.155.047

Incorporation

06/05/2003

Legal form

Private limited company

Registered office

Avenue Louise 231
1050 Ixelles · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

74501Other professional, scientific and technical activities· main 78100Activities of employment placement agencies 78100Activities of employment placement agencies

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	130,3 k €	+54.0%	84,6 k €	-13.0%	97,2 k €	-2.2%	99,3 k €	+210%	32 k €	+203%	10,6 k €	-16.0%	12,6 k €	-69.2%	40,9 k €	+175%	14,8 k €	-47.0%	28 k €	-34.6%	42,8 k €	-62.7%	114,8 k €	+57.7%	72,8 k €	-31.5%	106,3 k €	-59.9%	265,2 k €	+68.9%	157 k €	+25.9%	124,7 k €	+6.9%	116,6 k €	+4.3%	111,8 k €
EBITDA	128,7 k €	+52.9%	84,1 k €	-12.1%	95,7 k €	-1.1%	96,8 k €	+205%	31,7 k €	+210%	10,2 k €	-16.4%	12,2 k €	-72.3%	44,2 k €	+1517%	2,7 k €	-86.4%	20,1 k €	-52.4%	42,4 k €	-62.5%	112,9 k €	+402%	22,5 k €	+748%	-3,5 k €	-103%	116,9 k €	+227%	35,8 k €	+199%	12 k €	-58.7%	28,9 k €	+609%	-5,7 k €
Operating result	126,5 k €	+68.9%	74,9 k €	-13.2%	86,3 k €	-1.2%	87,3 k €	+183%	30,9 k €	+210%	10 k €	-16.8%	12 k €	-72.2%	43,2 k €	+7323%	581,7 €	-96.5%	16,7 k €	-57.1%	38,9 k €	-63.6%	106,8 k €	+204%	35,2 k €	+502%	-8,7 k €	-109%	98,7 k €	+93.3%	51 k €	+363%	11 k €	+25.3%	8,8 k €	+178%	-11,3 k €
Net result	91,3 k €	+66.3%	54,9 k €	-11.0%	61,7 k €	-0.5%	62 k €	+174%	22,7 k €	+227%	6,9 k €	-16.8%	8,3 k €	-69.2%	27,1 k €	+10339%	-264,2 €	-103%	9,8 k €	-56.1%	22,4 k €	-64.5%	63 k €	+3234%	-2 k €	+77.5%	-8,9 k €	-122%	40,4 k €	+200%	13,5 k €	+180%	-16,8 k €	-526%	3,9 k €	+121%	-19 k €
Balance sheet
Equity	292,2 k €	+39.9%	208,8 k €	+14.9%	181,8 k €	+50.3%	120,9 k €	+102%	59,7 k €	+61.1%	37,1 k €	-26.0%	50,2 k €	-50.9%	102,1 k €	+36.0%	75,1 k €	-0.4%	75,3 k €	+15.0%	65,5 k €	+51.8%	43,2 k €	+317%	-19,9 k €	-11.3%	-17,8 k €	-100%	-8,9 k €	+81.9%	-49,3 k €	+21.5%	-62,8 k €	-36.4%	-46 k €	+7.9%	-50 k €
Total assets	341,4 k €	+44.6%	236,1 k €	+7.7%	219,2 k €	+39.0%	157,6 k €	+96.4%	80,3 k €	-17.6%	97,4 k €	-25.6%	130,9 k €	+15.5%	113,4 k €	+34.6%	84,3 k €	-32.4%	124,6 k €	+26.4%	98,5 k €	-25.1%	131,5 k €	+156%	51,4 k €	-13.1%	59,2 k €	-39.6%	97,9 k €	+6.9%	91,6 k €	-3.2%	94,7 k €	+28.5%	73,7 k €	+4.7%	70,4 k €
Cash	113 k €	-7.7%	122,4 k €	-7.6%	132,5 k €	+26.3%	104,9 k €	+145%	42,8 k €	+6.8%	40 k €	+57.4%	25,4 k €	-65.0%	72,5 k €	+48.0%	49 k €	-13.5%	56,7 k €	+71.3%	33,1 k €	-45.5%	60,7 k €	+101025%	60 €	-99.0%	6,3 k €	-88.4%	54,2 k €	+801%	6 k €	+3002%	194 €	-68.9%	623 €	-87.5%	5 k €
Debts	49,2 k €	+80.1%	27,3 k €	-26.9%	37,4 k €	+1.9%	36,7 k €	+78.7%	20,5 k €	-66.0%	60,3 k €	-25.3%	80,8 k €	+616%	11,3 k €	+104%	5,5 k €	-88.8%	49,2 k €	+49.2%	33 k €	-62.7%	88,3 k €	+62.6%	54,3 k €	-29.4%	77 k €	-27.9%	106,8 k €	-21.2%	135,5 k €	-7.8%	146,9 k €	+33.5%	110,1 k €	-8.6%	120,4 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		0,2 ETP	-80.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-37.5%	1,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 17 ended

Active mandates

PHILIPPE DE WIL

Director

Active

Ended mandates

ADK Management

Manager · since 30 avril 2014 · until 31 janvier 2018 · 0834.826.738

Ended

Annick Declercq-Kloppert

Manager · since 30 avril 2014 · until 31 janvier 2018

Ended

ANNICK DECLERCQ-KLOPPERT

Manager · since 30 avril 2014

Ended

Head-Way SPRL

Manager · since 30 avril 2014 · 0836.921.740

Ended

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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	03/07/2026	30/06/2025	17/07/2024	23/08/2023	30/06/2022	26/07/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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
Micro model	31/12/2025	26/06/2026	03/07/2026	French	PDF
Micro model	31/12/2024	27/06/2025	30/06/2025	French	PDF
Micro model	31/12/2023	28/06/2024	17/07/2024	French	PDF
Micro model	31/12/2022	30/06/2023	23/08/2023	French	PDF
Micro model	31/12/2021	24/06/2022	30/06/2022	French	PDF
Micro model	31/12/2020	25/06/2021	26/07/2021	French	PDF
Micro model	31/12/2019	26/06/2020	14/07/2020	French	PDF
Micro model	31/12/2018	28/06/2019	19/07/2019	French	PDF
Micro model	31/12/2017	31/01/2018	06/07/2018	French	PDF
Micro model	31/12/2016	30/06/2017	22/08/2017	French	PDF
Abridged model	31/12/2015	24/06/2016	26/08/2016	French	PDF
Abridged model	31/12/2014	26/06/2015	27/08/2015	French	PDF
Abridged model	31/12/2013	25/04/2014	27/08/2014	French	PDF
Abridged model	31/12/2012	28/06/2013	23/08/2013	French	PDF
Abridged model	31/12/2011	29/06/2012	01/08/2012	French	PDF
Abridged model	31/12/2010	24/06/2011	24/08/2011	French	PDF
Abridged model	31/12/2009	25/06/2010	26/08/2010	French	PDF
Abridged modelCorrection	31/12/2008	26/06/2009	13/07/2009	French	PDF
Abridged model	31/12/2008	26/06/2009	30/06/2009	French	PDF
Abridged model	31/12/2007	27/06/2008	26/08/2008	French	PDF
Abridged model	31/12/2006	12/06/2007	15/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2025 · 1 active · 17 ended

Active mandates

PHILIPPE DE WIL

Director

Active

Ended mandates

ADK Management

Manager · since 30 avril 2014 · until 31 janvier 2018 · 0834.826.738

Ended

Annick Declercq-Kloppert

Manager · since 30 avril 2014 · until 31 janvier 2018

Ended

ANNICK DECLERCQ-KLOPPERT

Manager · since 30 avril 2014

Ended

Head-Way SPRL

Manager · since 30 avril 2014 · 0836.921.740

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office17/09/2026
Transfert du siège social '
PDF
Mandates18/02/2022
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates09/04/2018
DEMISSIONS, NOMINATIONS
PDF
Registered office19/01/2018
SIEGE SOCIAL
PDF
Mandates15/05/2014
DEMISSIONS, NOMINATIONS
PDF
Capital / shares06/10/2006
ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other14/05/2003
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202591,3 k €↑
2024
Annual accounts 202454,9 k €↓
2023
Annual accounts 202361,7 k €↓
2022
Annual accounts 202262 k €↑
2021
Annual accounts 202122,7 k €↑
2020
Annual accounts 20206,9 k €↓
2019
Annual accounts 20198,3 k €↓
2018
Annual accounts 201827,1 k €↑
2017
Annual accounts 2017-264,2 €↓
2016
Annual accounts 20169,8 k €↓
2015
Annual accounts 201522,4 k €↓
2014
Annual accounts 201463 k €↑
2013
Annual accounts 2013-2 k €↑
2012
Annual accounts 2012-8,9 k €↓
2011
Annual accounts 201140,4 k €↑
2010
Annual accounts 201013,5 k €↑
2009
Annual accounts 2009-16,8 k €↓
2008
Annual accounts 20083,9 k €↑
2007
Annual accounts 2007-19 k €
06/05/2003
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

INEXSA

Overview

What does INEXSA 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