ACTIVE

Adgeco

Financial year 2025 · closed on 31/12/2025
Net result
29,4 k €
+0.4% YoY
Gross margin
41,2 k €
-34.1% YoY
Equity
5,4 k €
+7.5% YoY

What does Adgeco do?

Adgeco is a Private limited company incorporated in 2016. Its main activity is: Management consultancy activities. Its registered office is in Marche-en-Famenne.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0659.937.322
Incorporation
27/07/2016
Legal form
Private limited company
Registered office
Marche, Boulevard du Midi 37
6900 Marche-en-Famenne · WallonieSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 200
Signals
ProfitableLow riskPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin41,2 k €62,5 k €71,5 k €46,4 k €54,1 k €52,7 k €41 k €33,7 k €39,4 k €
EBITDA40,3 k €45,3 k €33,3 k €10,9 k €19,8 k €9,2 k €-1,4 k €-6,3 k €-18 k €
Operating result38,8 k €39,8 k €23,2 k €1,1 k €10 k €3,8 k €-2,8 k €-7,2 k €-20,4 k €
Net result29,4 k €29,2 k €16 k €-1,6 k €4,3 k €-634,1 €2,5 k €559,4 €-10,1 k €
Balance sheet
Equity5,4 k €5 k €35 k €15 k €16,6 k €12,3 k €12,9 k €10,4 k €9,9 k €
Total assets62,2 k €53,7 k €78,9 k €58,6 k €54,6 k €258,5 k €251,2 k €158,4 k €348,9 k €
Cash14 k €5,3 k €10,9 k €11,4 k €1,8 k €1,2 k €10,7 k €4,2 k €1,6 k €
Debts56,8 k €48,7 k €43,8 k €43,5 k €36,1 k €242,8 k €235,2 k €144 k €334,5 k €
Other
Workforce1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Jurgen BRICHEUX

Director

Active

Ended mandates

Etienne BRICHEUX

Director

Ended
JURGEN BRICHEUX

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
PIDOUActive
0717.703.493
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 date31/08/202622/08/202530/09/202429/06/202328/10/202226/01/2022
General meeting06/06/202607/06/202527/09/202403/06/202304/06/202211/01/2022
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202506/06/202631/08/2026FrenchPDF
Micro model31/12/202407/06/202522/08/2025FrenchPDF
Micro model31/12/202327/09/202430/09/2024FrenchPDF
Micro model31/12/202203/06/202329/06/2023FrenchPDF
Micro model31/12/202104/06/202228/10/2022FrenchPDF
Micro model31/12/202011/01/202226/01/2022FrenchPDF
Abridged model31/12/201906/06/202030/11/2020FrenchPDF
Abridged model31/12/201801/06/201929/07/2019FrenchPDF
Micro model31/12/201702/06/201823/08/2018FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 2 ended

Active mandates

Jurgen BRICHEUX

Director

Active

Ended mandates

Etienne BRICHEUX

Director

Ended
JURGEN BRICHEUX

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/07/2022
    MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Other29/07/2016
    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

Timeline

  1. 2025
    Annual accounts 202529,4 k €
  2. 2024
    Annual accounts 202429,2 k €
  3. 2023
    Annual accounts 202316 k €
  4. 2022
    Annual accounts 2022-1,6 k €
  5. 2021
    Annual accounts 20214,3 k €
  6. 2020
    Annual accounts 2020-634,1 €
  7. 2019
    Annual accounts 20192,5 k €
  8. 2018
    Annual accounts 2018559,4 €
  9. 2017
    Annual accounts 2017-10,1 k €
  10. 27/07/2016
    IncorporationPrivate limited company