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Said Economics

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Financial year 2025 · Closed on 30/04/2025

Net result729,7 k €-16,3 %over 1 year
Gross margin981,9 k €-15,7 %over 1 year
Equity20,5 k €-96,0 %over 1 year

Identity

Source · BCE/KBO

Said Economics is a Private limited company incorporated in 2016. Its main activity is: Legal activities. Its registered office is in Ixelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0651.818.620
Incorporation
12/04/2016
Legal form
Private limited company
Registered office
Rue du Châtelain 59
1050 Ixelles · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
30/04/2025
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 9 filings

Trend over 9 financial years

20252024202320222020
Income statement
Gross margin981,9 k €1,2 M €1,2 M €2,1 M €1,2 M €
EBITDA981,3 k €1,2 M €1,2 M €2,1 M €1,2 M €
Operating result968,3 k €1,2 M €1,2 M €2,1 M €1,2 M €
Net result729,7 k €871,9 k €880,9 k €1,6 M €916,7 k €
Balance sheet
Equity20,5 k €506,4 k €820,9 k €1,1 M €1,2 M €
Total assets788,2 k €1,7 M €1,5 M €2,9 M €2,7 M €
Cash764,9 k €1,4 M €1,1 M €1,3 M €1,6 M €
Debts767,8 k €1,2 M €689,9 k €1,8 M €955,8 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/04/2025

1 active · 1 ended

Active mandates

Lars WHIETHAUS

Director

Active

Ended mandates

Lars WHIETHAUS

Manager

Ended

Full financial information

Source · NBB
202520242023202220202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/05/202401/05/202301/05/202201/01/202101/01/202001/01/2019
Closing of the financial year30/04/202530/04/202430/04/202330/04/202231/12/202031/12/2019
Length of the financial year12 months12 months12 months16 months12 months12 months
Filing date26/11/202513/08/202427/11/202321/11/202230/07/202123/07/2020
General meeting06/06/202507/06/202414/06/202320/05/202226/04/202105/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/04/202506/06/202526/11/2025FrenchPDF
Abridged model30/04/202407/06/202413/08/2024FrenchPDF
Abridged model30/04/202314/06/202327/11/2023FrenchPDF
Abridged model30/04/202220/05/202221/11/2022FrenchPDF
Micro model31/12/202026/04/202130/07/2021FrenchPDF
Micro model31/12/201905/06/202023/07/2020FrenchPDF
Micro model31/12/201819/06/201922/07/2019FrenchPDF
Micro model31/12/201705/06/201828/06/2018FrenchPDF
Micro model31/12/201613/06/201729/06/2017FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 30/04/2025

1 active · 1 ended

Active mandates

Lars WHIETHAUS

Director

Active

Ended mandates

Lars WHIETHAUS

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/12/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION
    PDF
  • Mandates06/01/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Registered office01/04/2019
    SIEGE SOCIAL
    PDF
  • Other21/04/2016
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

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 2025729,7 k €↓
  2. 2025
    Name changeSAID ECONOMICS
  3. 2024
    Annual accounts 2024871,9 k €↓
  4. 2023
    Annual accounts 2023880,9 k €↓
  5. 2022
    Annual accounts 20221,6 M €↑
  6. 2022
    Name changeLARS WIETHAUS CONSULTING
  7. 2020
    Annual accounts 2020916,7 k €↑
  8. 2019
    Annual accounts 2019568,4 k €↑
  9. 2018
    Annual accounts 2018314,4 k €↑
  10. 2017
    Annual accounts 2017264,1 k €↑
  11. 2016
    Annual accounts 2016160,6 k €
  12. 12/04/2016
    IncorporationPrivate limited company