ACTIVE

ENTRE 2

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Financial year 2025 · closed on 31/12/2025
Net result
139,8 k €
+1610.2% YoY
Gross margin
332 k €
+31.8% YoY
Equity
2,8 M €
+5.2% YoY

What does ENTRE 2 do?

ENTRE 2 is a Private limited company incorporated in 2009. Its main activity is: Management consultancy activities. Its registered office is in Limbourg.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0811.903.460
Incorporation
26/05/2009
Legal form
Private limited company
Registered office
Avenue Reine Astrid 3
4831 Limbourg · WallonieSee on map
Contributed capital
265 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities66300Fund management activities66300Fund management activities
Joint committees (2)
  • 100
  • 218
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 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin332 k €251,9 k €241,1 k €181,6 k €178,9 k €181,1 k €184,4 k €232,7 k €186,7 k €184,5 k €188 k €233,5 k €183,1 k €170,3 k €153,7 k €104 k €
EBITDA82,4 k €21,3 k €15,8 k €111 k €135,3 k €139,1 k €147,5 k €194,6 k €183,3 k €182 k €186 k €171,6 k €149,9 k €137,7 k €134,1 k €103,2 k €
Operating result48,9 k €-6,4 k €-19,8 k €75,4 k €86,3 k €106 k €116 k €167,1 k €135,9 k €163,4 k €167,8 k €153,4 k €105,1 k €74,7 k €89 k €73,6 k €
Net result139,8 k €8,2 k €59,1 k €-124,8 k €124,6 k €164,6 k €1,3 M €267 k €245,4 k €195,6 k €150,9 k €127,5 k €104,4 k €176 k €293,9 k €47,6 k €
Balance sheet
Equity2,8 M €2,7 M €2,8 M €2,7 M €2,9 M €2,7 M €2,6 M €1,3 M €1,1 M €887,5 k €724,8 k €599,9 k €498,4 k €451,4 k €295,4 k €37,6 k €
Total assets3,2 M €3,2 M €3 M €3,1 M €3,3 M €3,5 M €3,4 M €2,6 M €3,4 M €3,2 M €2,1 M €2,1 M €2,1 M €2,1 M €1,8 M €1,5 M €
Cash304,8 k €369,3 k €1,2 M €1,3 M €1,2 M €1,4 M €1,4 M €166 k €279,1 k €204,3 k €133,2 k €121,6 k €87,3 k €214,8 k €179,8 k €3,4 k €
Debts335,1 k €443,8 k €214,2 k €395,8 k €406,7 k €778,8 k €861,8 k €1,3 M €2,4 M €2,3 M €1,4 M €1,5 M €1,6 M €1,7 M €1,5 M €1,5 M €
Other
Workforce––––1,0 ETP1,0 ETP–––––1,0 ETP1,0 ETP1,0 ETP0,8 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Nadine DEMARCHE

Director · since 26 mai 2009

Active

Ended mandates

Gérard LIEGEOIS

Director · since 26 mai 2009 · until 15 novembre 2024

Ended
Gérard LIEGEOIS

Director · since 26 mai 2009

Ended
Gérard LIEGEOIS

Manager · since 26 mai 2009

Ended
Nadine DEMARCHE

Manager · since 26 mai 2009

Ended
At this address

Other companies at this address

CompanyCBE no.
ETABLISSEMENTS ALPO● Active
0417.678.733
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro 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 date26/06/202630/07/202520/06/202416/02/202324/06/202208/06/2021
General meeting04/05/202630/06/202526/04/202406/02/202329/04/202230/04/2021
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
Micro model31/12/202504/05/202626/06/2026FrenchPDF
Micro model31/12/202430/06/202530/07/2025FrenchPDF
Micro model31/12/202326/04/202420/06/2024FrenchPDF
Micro model31/12/202206/02/202316/02/2023FrenchPDF
Abridged model31/12/202129/04/202224/06/2022FrenchPDF
Abridged model31/12/202030/04/202108/06/2021FrenchPDF
Micro model31/12/201922/05/202025/05/2020FrenchPDF
Micro model31/12/201829/03/201929/04/2019FrenchPDF
Abridged model31/12/201727/05/201829/05/2018FrenchPDF
Abridged model31/12/201619/05/201730/05/2017FrenchPDF
Abridged model31/12/201527/05/201624/06/2016FrenchPDF
Abridged model31/12/201422/05/201501/06/2015FrenchPDF
Abridged model31/12/201302/05/201416/05/2014FrenchPDF
Abridged model31/12/201203/05/201306/05/2013FrenchPDF
Abridged model31/12/201131/05/201205/06/2012FrenchPDF
Abridged model31/12/201010/05/201113/05/2011FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 4 ended

Active mandates

Nadine DEMARCHE

Director · since 26 mai 2009

Active

Ended mandates

Gérard LIEGEOIS

Director · since 26 mai 2009 · until 15 novembre 2024

Ended
Gérard LIEGEOIS

Director · since 26 mai 2009

Ended
Gérard LIEGEOIS

Manager · since 26 mai 2009

Ended
Nadine DEMARCHE

Manager · since 26 mai 2009

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/12/2024
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring07/02/2024
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring06/03/2023
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Capital / shares21/01/2014
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other28/05/2009
    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 2025139,8 k €↑
  2. 2024
    Annual accounts 20248,2 k €↓
  3. 2023
    Annual accounts 202359,1 k €↑
  4. 2022
    Annual accounts 2022-124,8 k €↓
  5. 2021
    Annual accounts 2021124,6 k €↓
  6. 2020
    Annual accounts 2020164,6 k €↓
  7. 2019
    Annual accounts 20191,3 M €↑
  8. 2018
    Annual accounts 2018267 k €↑
  9. 2017
    Annual accounts 2017245,4 k €↑
  10. 2016
    Annual accounts 2016195,6 k €↑
  11. 2015
    Annual accounts 2015150,9 k €↑
  12. 2014
    Annual accounts 2014127,5 k €↑
  13. 2013
    Annual accounts 2013104,4 k €↓
  14. 2012
    Annual accounts 2012176 k €↓
  15. 2011
    Annual accounts 2011293,9 k €↑
  16. 2010
    Annual accounts 201047,6 k €
  17. 26/05/2009
    IncorporationPrivate limited company