ACTIVE

OBJECTIVE

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Financial year 2025 · closed on 31/12/2025
Net result
1 M €
+77.7% YoY
Revenue
2 M €
-0.4% YoY
Equity
3,9 M €
+36.6% YoY
Workforce
3,7 ETP
-38.3% YoY

What does OBJECTIVE do?

OBJECTIVE is a Private limited company incorporated in 2014. Its main activity is: Computer programming activities. Its registered office is in Wichelen. It employs on average 3,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0546.732.184
Incorporation
20/02/2014
Legal form
Private limited company
Registered office
Meerbos 2
9260 Wichelen · FlandreSee on map
Contributed capital
49 978,96 €
Latest accounts
31/12/2025
Average workforce
3,7 ETP
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities
Joint committees (3)
  • 200
  • 2000
  • 218
Contacts
1 public detail availableLog in to view
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212018201720162015
Income statement
Revenue2 M €2 M €–––2,6 M €–––
EBITDA1,3 M €1 M €1,1 M €851,1 k €305,2 k €433,2 k €227 k €489,6 k €378,3 k €
Operating result1,2 M €939 k €1 M €771,2 k €224,1 k €351,4 k €164,4 k €486,5 k €370,5 k €
Net result1 M €585,9 k €677,9 k €583,7 k €159,7 k €211,1 k €127,8 k €331,3 k €247,7 k €
Balance sheet
Equity3,9 M €2,8 M €2,3 M €1,6 M €995,8 k €741 k €719,9 k €682,2 k €460,9 k €
Total assets13,9 M €8,8 M €6,4 M €3,4 M €2 M €2,2 M €2,1 M €1,1 M €654,9 k €
Cash–0 €44,1 k €37,3 k €355,8 k €402,5 k €201,3 k €473,1 k €360,8 k €
Debts10 M €5,9 M €4,1 M €1,8 M €999,9 k €1,4 M €1,4 M €346,9 k €186,9 k €
Other
Workforce3,7 ETP6,0 ETP7,9 ETP11,9 ETP12,5 ETP18,5 ETP16,2 ETP15,6 ETP10,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 18 ended

Active mandates

Irena Majumdar

Director · since 17 décembre 2024

Active
Duane George

Director · since 07 février 2022 · until 13 novembre 2025

Active
Hellen Stein

Director · since 07 février 2022 · until 28 mai 2027

Active
Nicola Marrison

Director · since 07 février 2022 · until 28 mai 2027

Active

Ended mandates

Irena Majumdar

Director · since 17 décembre 2024 · until 31 mai 2030

Ended
Irina Majumdar

Director · since 17 décembre 2024

Ended
Duane George

Director · since 07 février 2022 · until 28 mai 2027

Ended
George Duane

Director · since 07 février 2022 · until 05 juin 2027

Ended
At this address

Other companies at this address

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Algemene Ondernemingen Scheirlinck Hervé● Active
0419.583.990
APIPRO MAINTENANCE SYSTEMS● Active
0459.788.314
Aptean Drink-IT● Active
0729.899.066
B.I.S.● Active
0887.565.737
LOGILITY● Active
0754.800.154
OBJECTIVE BELGIUM● Active
0458.980.046
Objective Holding● Active
0713.616.033
OBJECTIVE INTERNATIONAL● Active
0894.635.750
OBJECTIVE REAL ESTATE DEVELOPMENT● Active
0638.834.575
ROSS SYSTEMS EUROPE● Active
0437.371.515
THV SCHEIRLINCK-RONOH● Active
0633.721.586
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 date06/08/202627/08/202510/03/202507/07/202415/09/202208/07/2021
General meeting03/08/202608/08/202503/03/202505/07/202430/08/202221/05/2021
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 model31/12/202503/08/202606/08/2026DutchPDF
Abridged model31/12/202408/08/202527/08/2025DutchPDF
Abridged model31/12/202303/03/202510/03/2025DutchPDF
Abridged model31/12/202205/07/202407/07/2024DutchPDF
Abridged model31/12/202130/08/202215/09/2022DutchPDF
Abridged model31/12/202021/05/202108/07/2021DutchPDF
Abridged model31/12/201930/06/202031/07/2020DutchPDF
Abridged model31/12/201827/06/201922/07/2019DutchPDF
Abridged model31/12/201702/06/201819/07/2018DutchPDF
Abridged model31/12/201603/06/201719/06/2017DutchPDF
Abridged model31/12/201511/06/201630/06/2016DutchPDF
Abridged model31/12/201406/06/201509/06/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 4 active · 18 ended

Active mandates

Irena Majumdar

Director · since 17 décembre 2024

Active
Duane George

Director · since 07 février 2022 · until 13 novembre 2025

Active
Hellen Stein

Director · since 07 février 2022 · until 28 mai 2027

Active
Nicola Marrison

Director · since 07 février 2022 · until 28 mai 2027

Active

Ended mandates

Irena Majumdar

Director · since 17 décembre 2024 · until 31 mai 2030

Ended
Irina Majumdar

Director · since 17 décembre 2024

Ended
Duane George

Director · since 07 février 2022 · until 28 mai 2027

Ended
George Duane

Director · since 07 février 2022 · until 05 juin 2027

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates28/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/06/2019
    ONTSLAGEN - BENOEMINGEN
    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 20251 M €↑
  2. 2024
    Annual accounts 2024585,9 k €↓
  3. 2023
    Annual accounts 2023677,9 k €↑
  4. 2022
    Annual accounts 2022583,7 k €↑
  5. 2021
    Annual accounts 2021159,7 k €↓
  6. 2018
    Annual accounts 2018211,1 k €↑
  7. 2017
    Annual accounts 2017127,8 k €↓
  8. 2016
    Annual accounts 2016331,3 k €↑
  9. 2015
    Annual accounts 2015247,7 k €
  10. 20/02/2014
    IncorporationPrivate limited company