ACTIVE

CHESTNOTE

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Financial year 2025 · closed on 31/12/2025
Net result
169,4 k €
+16.2% YoY
Gross margin
167,5 k €
+15.1% YoY
Equity
364,2 k €
+87.0% YoY

What does CHESTNOTE do?

CHESTNOTE is a Public limited company incorporated in 2015. Its main activity is: Computer programming activities. Its registered office is in Antwerpen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0633.959.831
Incorporation
20/07/2015
Legal form
Public limited company
Registered office
Lamorinièrestraat 242 box 1
2018 Antwerpen · FlandreSee on map
Contributed capital
849 999,53 €
Latest accounts
31/12/2025
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities62020Computer consultancy activities62030Computer facilities management activities62090Other information technology and computer service activities62200Computer programming, consultancy and related activities+3
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120182017
Income statement
Gross margin167,5 k €145,5 k €-1,9 k €-3,4 k €-6,8 k €-8,9 k €-110,6 k €
EBITDA166,6 k €144,7 k €-2,2 k €-3,5 k €-6,8 k €-68,4 k €-222,2 k €
Operating result166,6 k €144,7 k €-2,2 k €-3,5 k €-37,3 k €-160,3 k €-279,2 k €
Net result169,4 k €145,8 k €-2,3 k €40,8 €-36,8 k €-160,8 k €-279,2 k €
Balance sheet
Equity364,2 k €194,7 k €48,9 k €51,3 k €51,2 k €146,1 k €163,3 k €
Total assets375,5 k €243,7 k €65,0 k €61,4 k €54,5 k €216,6 k €303,0 k €
Cash6,5 €36,9 k €12,5 €11,8 €556,6 €2,7 k €4,1 k €
Debts11,3 k €49,0 k €16,1 k €10,1 k €3,3 k €70,5 k €139,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Château de Steinbach

Mandate · 0418.575.388

Represented by Carolien BOOTSMA

Active
Martin RAEYMAKERS

Mandate

Active

Ended mandates

AMRA MANAGEMENT

Managing director · since 02 novembre 2016 · until 24 juin 2022 · 0844.034.513

Represented by Peter Wellens

Ended
Martin Raeymakers

Director · since 02 novembre 2016 · until 24 juin 2022

Ended
TOMTHUMB

Managing director · since 02 novembre 2016 · until 24 juin 2022 · 0838.399.803

Represented by Tom Le Clef

Ended
AMRA MANAGEMENT

Managing director · 0844.034.513

Represented by Peter Wellens

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date31/08/202630/09/202530/08/202430/11/202328/07/202207/07/2021
General meeting29/05/202630/05/202519/08/202420/11/202330/06/202218/06/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202529/05/202631/08/2026DutchPDF
Micro model31/12/202430/05/202530/09/2025DutchPDF
Micro model31/12/202319/08/202430/08/2024DutchPDF
Micro model31/12/202220/11/202330/11/2023DutchPDF
Micro model31/12/202130/06/202228/07/2022DutchPDF
Micro model31/12/202018/06/202107/07/2021DutchPDF
Micro model31/12/201930/06/202016/10/2020DutchPDF
Micro model31/12/201821/06/201919/07/2019DutchPDF
Micro model31/12/201725/05/201824/09/2018DutchPDF
Abridged model31/12/201616/06/201713/07/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 2 active · 6 ended

Active mandates

Château de Steinbach

Mandate · 0418.575.388

Represented by Carolien BOOTSMA

Active
Martin RAEYMAKERS

Mandate

Active

Ended mandates

AMRA MANAGEMENT

Managing director · since 02 novembre 2016 · until 24 juin 2022 · 0844.034.513

Represented by Peter Wellens

Ended
Martin Raeymakers

Director · since 02 novembre 2016 · until 24 juin 2022

Ended
TOMTHUMB

Managing director · since 02 novembre 2016 · until 24 juin 2022 · 0838.399.803

Represented by Tom Le Clef

Ended
AMRA MANAGEMENT

Managing director · 0844.034.513

Represented by Peter Wellens

Ended
Shareholders

Ownership and network

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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 2025169,4 k €↑
  2. 2024
    Annual accounts 2024145,8 k €↑
  3. 2023
    Annual accounts 2023-2,3 k €↓
  4. 2022
    Annual accounts 202240,8 €↑
  5. 2021
    Annual accounts 2021-36,8 k €↑
  6. 2018
    Annual accounts 2018-160,8 k €↑
  7. 2017
    Annual accounts 2017-279,2 k €
  8. 20/07/2015
    IncorporationPublic limited company