ACTIVE

BENJAD

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Financial year 2025 · closed on 31/12/2025

Net result

116,2 k €

-95.9% YoY

Gross margin

166,5 k €

+269.5% YoY

Equity

4,2 M €

-16.0% YoY

What does BENJAD do?

BENJAD is a Private limited company incorporated in 2009. Its main activity is: Management consultancy activities. Its registered office is in Ninove.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0818.173.125

Incorporation

01/09/2009

Legal form

Private limited company

Registered office

Groenstraat 161A
9406 Ninove · FlandreSee on map

Contributed capital

647 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	166,5 k €	+270%	-98,2 k €	-184%	117,3 k €	+11.5%	105,2 k €	-5.0%	110,8 k €	+2.8%	107,8 k €	+0.3%	107,5 k €	-6.7%	115,2 k €	+23.6%	93,2 k €	+17.5%	79,4 k €	+4.4%	76 k €	+8.7%	69,9 k €	+22.5%	57,1 k €	+9.6%	52 k €	-22.8%	67,4 k €	+33.1%	50,7 k €
EBITDA	149,8 k €	+238%	-108,8 k €	-195%	114,8 k €	+12.0%	102,5 k €	+0.2%	102,3 k €	-2.4%	104,8 k €	+0.4%	104,4 k €	-5.5%	110,5 k €	+22.5%	90,2 k €	+18.3%	76,2 k €	+5.2%	72,4 k €	+8.3%	66,9 k €	+36.4%	49,1 k €	+9.3%	44,9 k €	-32.9%	66,9 k €	+34.4%	49,8 k €
Operating result	68,4 k €	+150%	-137,8 k €	-233%	103,6 k €	+209%	33,6 k €	-63.7%	92,6 k €	+3.9%	89,1 k €	+0.4%	88,8 k €	-6.4%	94,8 k €	+25.4%	75,6 k €	+22.9%	61,5 k €	+8.5%	56,7 k €	+10.8%	51,2 k €	+53.5%	33,4 k €	+1.4%	32,9 k €	-45.0%	59,8 k €	+31.1%	45,6 k €
Net result	116,2 k €	-95.9%	2,9 M €	+409%	560,2 k €	+189%	194,1 k €	-63.2%	527,8 k €	+41.2%	373,9 k €	-0.7%	376,5 k €	-69.2%	1,2 M €	+3259%	36,4 k €	+50.3%	24,2 k €	-94.1%	411,2 k €	+4303%	9,3 k €	+5166%	177,4 €	-69.0%	573 €	-97.0%	19,1 k €	+6572%	286,8 €
Balance sheet
Equity	4,2 M €	-16.0%	5 M €	+97.3%	2,5 M €	-19.6%	3,2 M €	+4.5%	3 M €	+21.1%	2,5 M €	-1.8%	2,5 M €	+17.3%	2,2 M €	+128%	951,3 k €	+4.0%	914,9 k €	+2.7%	890,7 k €	+85.8%	479,5 k €	+2.0%	470,2 k €	+0.0%	470 k €	+0.1%	469,4 k €	+4.2%	450,3 k €
Total assets	6,1 M €	-15.6%	7,3 M €	+54.8%	4,7 M €	+11.9%	4,2 M €	+8.5%	3,9 M €	+25.8%	3,1 M €	-8.8%	3,4 M €	+23.8%	2,7 M €	+95.5%	1,4 M €	-0.7%	1,4 M €	-2.5%	1,4 M €	-0.7%	1,4 M €	+0.3%	1,4 M €	+1.2%	1,4 M €	-2.1%	1,5 M €	+1.6%	1,4 M €
Cash	499,8 k €	+207%	162,8 k €	-54.2%	355,1 k €	-50.2%	712,5 k €	-9.2%	784,4 k €	+4432%	17,3 k €	-97.4%	660,7 k €	+121199%	544,7 €	-85.5%	3,8 k €	+78.8%	2,1 k €	+10.6%	1,9 k €	-89.7%	18,4 k €	+40.8%	13 k €	+583%	1,9 k €	-74.3%	7,4 k €	+130%	3,2 k €
Debts	1,9 M €	-14.6%	2,2 M €	+26.1%	1,8 M €	+72.7%	1 M €	+23.1%	832,3 k €	+46.3%	569 k €	-30.5%	819,2 k €	+49.3%	548,8 k €	+24.5%	440,7 k €	-9.5%	487 k €	-11.1%	547,9 k €	-43.5%	969,6 k €	-0.5%	974,9 k €	+1.8%	957,3 k €	-3.1%	988 k €	+0.4%	984,5 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 3 ended

Active mandates

Cindy Sonck

Associate

Active

Marcel De Putter

Director

Active

Peter De Putter

Director

Active

Rita De Backer

Director

Active

Ended mandates

Marcel De Putter

Manager

Ended

Peter De Putter

Manager

Ended

Rita De Backer

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Micro model	Micro model	Micro 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	12/03/2026	04/07/2025	21/05/2024	23/06/2023	25/05/2022	28/05/2021
General meeting	28/02/2026	28/06/2025	20/04/2024	13/06/2023	21/05/2022	24/05/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	28/02/2026	12/03/2026	Dutch	PDF
Micro model	31/12/2024	28/06/2025	04/07/2025	Dutch	PDF
Micro model	31/12/2023	20/04/2024	21/05/2024	Dutch	PDF
Micro model	31/12/2022	13/06/2023	23/06/2023	Dutch	PDF
Micro model	31/12/2021	21/05/2022	25/05/2022	Dutch	PDF
Micro model	31/12/2020	24/05/2021	28/05/2021	Dutch	PDF
Micro model	31/12/2019	25/05/2020	12/06/2020	Dutch	PDF
Micro model	31/12/2018	30/05/2019	27/06/2019	Dutch	PDF
Micro model	31/12/2017	31/05/2018	28/06/2018	Dutch	PDF
Micro model	31/12/2016	26/05/2017	31/05/2017	Dutch	PDF
Abridged model	31/12/2015	29/05/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	28/05/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	27/06/2014	Dutch	PDF
Abridged model	31/12/2012	30/05/2013	27/06/2013	Dutch	PDF
Abridged model	31/12/2011	19/05/2012	04/06/2012	Dutch	PDF
Abridged model	31/12/2010	26/05/2011	11/06/2011	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 4 active · 3 ended

Active mandates

Cindy Sonck

Associate

Active

Marcel De Putter

Director

Active

Peter De Putter

Director

Active

Rita De Backer

Director

Active

Ended mandates

Marcel De Putter

Manager

Ended

Peter De Putter

Manager

Ended

Rita De Backer

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares14/10/2024
KAPITAAL - AANDELEN
PDF
Mandates12/03/2024
WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office03/12/2013
MAATSCHAPPELIJKE ZETEL
PDF
Other11/09/2009
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025116,2 k €↓
2024
Annual accounts 20242,9 M €↑
2023
Annual accounts 2023560,2 k €↑
2022
Annual accounts 2022194,1 k €↓
2021
Annual accounts 2021527,8 k €↑
2020
Annual accounts 2020373,9 k €↓
2019
Annual accounts 2019376,5 k €↓
2018
Annual accounts 20181,2 M €↑
2017
Annual accounts 201736,4 k €↑
2016
Annual accounts 201624,2 k €↓
2015
Annual accounts 2015411,2 k €↑
2014
Annual accounts 20149,3 k €↑
2013
Annual accounts 2013177,4 €↓
2012
Annual accounts 2012573 €↓
2011
Annual accounts 201119,1 k €↑
2010
Annual accounts 2010286,8 €
01/09/2009
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

BENJAD

Overview

What does BENJAD do?

Trend over 16 financial years

Indicative valuation

Board of directors

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