ACTIVE

CBDS Advisory

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Financial year 2025 · closed on 31/12/2025

Net result

2,1 M €

+9.5% YoY

Gross margin

2,8 M €

+5.4% YoY

Equity

4,1 M €

+68.6% YoY

Workforce

1,0 ETP

0.0% YoY

What does CBDS Advisory do?

CBDS Advisory is a Private limited company incorporated in 2016. Its main activity is: Management consultancy activities. Its registered office is in Ixelles. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0656.643.577

Incorporation

14/06/2016

Legal form

Private limited company

Registered office

Avenue Louise 367
1050 Ixelles · BruxellesSee on map

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 47789Other retail sale of new goods in specialised stores 47789Other retail sale of new goods in specialised stores 68100Buying and selling of own real estate 68110Buying and selling of own real estate+6

Joint committees (3)

Signals

ProfitableSolid equityLow 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

	2025		2024		2023		2022		2021		2020		2019		2018		2017
Income statement
Gross margin	2,8 M €	+5.4%	2,7 M €	-20.5%	3,4 M €	+17.3%	2,9 M €	+122%	1,3 M €	-15.6%	1,5 M €	+75.6%	874,9 k €	+38.4%	632 k €	-65.2%	1,8 M €
EBITDA	2,8 M €	+4.7%	2,6 M €	-19.1%	3,3 M €	+18.6%	2,8 M €	+148%	1,1 M €	-22.8%	1,4 M €	+77.9%	809,1 k €	+40.2%	577,2 k €	-67.6%	1,8 M €
Operating result	2,7 M €	+5.2%	2,6 M €	-16.6%	3,1 M €	+20.2%	2,6 M €	+176%	936,5 k €	-26.1%	1,3 M €	+108%	609,5 k €	+58.3%	385 k €	-75.0%	1,5 M €
Net result	2,1 M €	+9.5%	1,9 M €	-16.7%	2,3 M €	+22.7%	1,8 M €	+211%	593,4 k €	-34.7%	908,3 k €	+165%	342,9 k €	+75.7%	195,1 k €	-78.6%	910,9 k €
Balance sheet
Equity	4,1 M €	+68.6%	2,4 M €	+39.3%	1,7 M €	+98.1%	880,1 k €	-49.7%	1,8 M €	-18.8%	2,2 M €	-4.1%	2,2 M €	+18.0%	1,9 M €	+11.4%	1,7 M €
Total assets	6,2 M €	+11.7%	5,6 M €	-2.9%	5,7 M €	-18.3%	7 M €	+4.3%	6,7 M €	-9.2%	7,4 M €	+9.5%	6,8 M €	-3.2%	7 M €	+19.5%	5,9 M €
Cash	1,1 M €	+183%	395,5 k €	-54.9%	877,9 k €	-45.3%	1,6 M €	+297%	404,5 k €	-69.9%	1,3 M €	+57.2%	855,1 k €	-25.9%	1,2 M €	-12.9%	1,3 M €
Debts	2 M €	-33.2%	3 M €	-21.9%	3,9 M €	-35.5%	6,1 M €	+24.3%	4,9 M €	-5.8%	5,2 M €	+16.2%	4,4 M €	-11.8%	5 M €	+22.4%	4,1 M €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP		–		2,5 ETP	0.0%	2,5 ETP		–		2,3 ETP	+15.0%	2,0 ETP	+100%	1,0 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 · 1 active · 7 ended

Active mandates

Sylvain Dhenin

Director · since 14 avril 2023

Active

Ended mandates

Cécile BOLLON

Director · since 13 juin 2016

Ended

Cécile BOLLON

Manager · since 13 juin 2016

Ended

Sylvain DHENIN

Director · since 13 juin 2016

Ended

Sylvain DHENIN

Manager · since 13 juin 2016

Ended

At this address

Other companies at this address

Company	CBE no.
3.life● Active	0649.869.811
3 Points Agency● Active	0766.899.321
ABEX-ANTE INVESTMENT● Active	0795.976.852
ABOUT IT● Active	0597.728.054
Abzoom Company● Active	0597.899.684
ACIES UNIT● Active	1032.093.262
AC INTEGRATOR● Active	1042.611.626
A.C.I. RENOVATION● Bankrupt	0718.650.531
ADDA rooming house● Active	0632.956.474
Administratiekantoor Infinity Team● Active	0784.728.119
ADVOCATENKANTOOR GUDRUN VAN CALBERGH● Active	0477.082.919
AEROMEIT● Active	1033.934.579
AGL KALO● Active	1019.456.835
AIDE SERVICES & CONSEILS● Active	0768.943.150
AJP ADVISORY● Active	0791.524.948
AKATSA● Active	1011.876.284
Akoniti● Active	0797.886.861
AK PRO● Bankrupt	0747.924.042
A&L COMPANY● Bankrupt	0760.807.028
ALEKTOR● Active	0554.840.394

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	30/07/2026	29/08/2025	11/10/2024	31/08/2023	30/08/2022	30/11/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	26/05/2023	30/06/2022	25/11/2021
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

9 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/05/2026	30/07/2026	French	PDF
Abridged model	31/12/2024	30/05/2025	29/08/2025	French	PDF
Abridged model	31/12/2023	31/05/2024	11/10/2024	French	PDF
Abridged model	31/12/2022	26/05/2023	31/08/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	30/08/2022	French	PDF
Micro model	31/12/2020	25/11/2021	30/11/2021	French	PDF
Abridged model	31/12/2019	29/05/2020	19/12/2020	French	PDF
Abridged model	31/12/2018	24/02/2020	27/02/2020	French	PDF
Abridged model	31/12/2017	29/03/2019	30/03/2019	French	PDF

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 · 1 active · 7 ended

Active mandates

Sylvain Dhenin

Director · since 14 avril 2023

Active

Ended mandates

Cécile BOLLON

Director · since 13 juin 2016

Ended

Cécile BOLLON

Manager · since 13 juin 2016

Ended

Sylvain DHENIN

Director · since 13 juin 2016

Ended

Sylvain DHENIN

Manager · since 13 juin 2016

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/04/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/04/2023
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS
PDF
Mandates03/03/2022
DEMISSIONS, NOMINATIONS
PDF
Other28/06/2016
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF
Other16/06/2016
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 20252,1 M €↑
2024
Annual accounts 20241,9 M €↓
2023
Annual accounts 20232,3 M €↑
2022
Annual accounts 20221,8 M €↑
2021
Annual accounts 2021593,4 k €↓
2020
Annual accounts 2020908,3 k €↑
2019
Annual accounts 2019342,9 k €↑
2018
Annual accounts 2018195,1 k €↓
2017
Annual accounts 2017910,9 k €
14/06/2016
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

CBDS Advisory

Overview

What does CBDS Advisory do?

Trend over 9 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