ACTIVE

DUCAGEST

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Financial year 2025 · closed on 31/12/2025
Net result
626,1 k €
-80.2% YoY
Gross margin
-11,8 k €
+60.8% YoY
Equity
6,4 M €
+10.9% YoY
Workforce
1,0 ETP
0.0% YoY

What does DUCAGEST do?

DUCAGEST is a Private limited company incorporated in 2009. Its main activity is: Management consultancy activities. Its registered office is in Tournai. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0809.851.812
Incorporation
17/02/2009
Legal form
Private limited company
Registered office
Rue Emile Montignies(BL) 12
7522 Tournai · WallonieSee on map
Contributed capital
1 900 000,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities64200Activities of holding companies64210Activities of holding companies64999Other financial service activities, except insurance and pension funding n.e.c.64999Other financial service activities, except insurance and pension funding n.e.c.+4
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120182013201220112010
Income statement
Gross margin-11,8 k €-30,1 k €-34,9 k €-25,9 k €-35,8 k €7,6 k €513,9 k €349,2 k €359,5 k €88,8 k €
EBITDA-53,8 k €-71,1 k €-79,1 k €-53,8 k €-70,5 k €-67,8 k €511,2 k €325,5 k €346,1 k €76,8 k €
Operating result-80,1 k €-97,6 k €-106,3 k €-81,4 k €-103,7 k €-119,2 k €482,3 k €309,9 k €312,7 k €49,2 k €
Net result626,1 k €3,2 M €48 k €2,9 k €109,5 k €-224,6 k €213,6 k €302,3 k €757,8 k €82,6 k €
Balance sheet
Equity6,4 M €5,7 M €2,6 M €2,5 M €5,5 M €8,5 M €7,9 M €11,3 M €7,3 M €6,6 M €
Total assets10,8 M €9,3 M €9,7 M €7,2 M €8 M €9,9 M €17,5 M €20,9 M €18 M €17,3 M €
Cash356,4 k €1,1 M €1,1 M €2,4 M €3,1 M €4,1 M €771,4 k €906,3 k €987,5 k €138,7 k €
Debts4,4 M €3,6 M €7,2 M €4,7 M €2,5 M €1,3 M €9,6 M €9,6 M €10,7 M €10,7 M €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,4 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

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

Active mandates

Thomas DELECROIX

Director · since 09 septembre 2020

Active

Ended mandates

Thomas DELECROIX

Manager · since 16 février 2009

Ended
THOMAS DELECROIX

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
FREROSE● Active
1024.546.662
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 date16/06/202618/06/202503/06/202405/06/202321/06/202208/06/2021
General meeting04/06/202621/05/202517/05/202425/05/202307/06/202207/06/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202504/06/202616/06/2026FrenchPDF
Abridged model31/12/202421/05/202518/06/2025FrenchPDF
Abridged model31/12/202317/05/202403/06/2024FrenchPDF
Abridged model31/12/202225/05/202305/06/2023FrenchPDF
Abridged model31/12/202107/06/202221/06/2022FrenchPDF
Abridged model31/12/202007/06/202108/06/2021FrenchPDF
Abridged model31/12/201902/06/202016/06/2020FrenchPDF
Abridged model31/12/201803/06/201901/07/2019FrenchPDF
Abridged model31/12/201704/06/201812/07/2018FrenchPDF
Abridged model31/12/201606/06/201713/07/2017FrenchPDF
Abridged model31/12/201526/10/201627/10/2016FrenchPDF
Abridged model31/12/201401/06/201530/09/2015FrenchPDF
Abridged model31/12/201302/06/201431/07/2014FrenchPDF
Abridged model31/12/201203/06/201330/08/2013FrenchPDF
Abridged model31/12/201104/06/201220/07/2012FrenchPDF
Abridged model31/12/201006/06/201116/06/2011FrenchPDF
Estimate

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.

Governance

Board of directors

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

Active mandates

Thomas DELECROIX

Director · since 09 septembre 2020

Active

Ended mandates

Thomas DELECROIX

Manager · since 16 février 2009

Ended
THOMAS DELECROIX

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/10/2020
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Registered office29/04/2016
    SIEGE SOCIAL
    PDF
  • Capital / shares26/01/2015
    CAPITAL, ACTIONS
    PDF
  • Restructuring24/05/2011
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Capital / shares07/01/2011
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares24/09/2010
    CAPITAL, ACTIONS
    PDF
  • Other26/02/2009
    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 2025626,1 k €↓
  2. 2024
    Annual accounts 20243,2 M €↑
  3. 2023
    Annual accounts 202348 k €↑
  4. 2022
    Annual accounts 20222,9 k €↓
  5. 2021
    Annual accounts 2021109,5 k €↑
  6. 2018
    Annual accounts 2018-224,6 k €↓
  7. 2013
    Annual accounts 2013213,6 k €↓
  8. 2012
    Annual accounts 2012302,3 k €↓
  9. 2011
    Annual accounts 2011757,8 k €↑
  10. 2010
    Annual accounts 201082,6 k €
  11. 17/02/2009
    IncorporationPrivate limited company