ACTIVE

NEO & IDES

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Financial year 2025 · closed on 31/12/2025

Net result

-21,3 k €

-159.3% YoY

Gross margin

381,9 k €

-49.0% YoY

Equity

37,5 k €

-36.2% YoY

Workforce

5,5 ETP

-32.9% YoY

What does NEO & IDES do?

NEO & IDES is a Private limited company incorporated in 2010. Its registered office is in Liège. It employs on average 5,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0829.574.682

Incorporation

24/09/2010

Legal form

Private limited company

Registered office

Allée des Noisetiers 25
4031 Liège · WallonieSee on map

Contributed capital

6 400,00 €

Latest accounts

31/12/2025

Average workforce

5,5 ETP

Joint committees (3)

Signals

Good liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	381,9 k €	-49.0%	749,5 k €	+4.9%	714,7 k €	+15.8%	617,2 k €	+19.3%	517,6 k €	+26.1%	410,6 k €	-16.4%	491,3 k €	+25.3%	392,1 k €	+10.1%	356,3 k €	+44.8%	246 k €	-1.4%	249,6 k €	+30.6%	191,1 k €	+17.0%	163,3 k €	+8.9%	149,9 k €	+139%	62,6 k €
EBITDA	-66,9 k €	-452%	19 k €	-78.3%	87,4 k €	-3.5%	90,6 k €	+368%	19,3 k €	+1.5%	19,1 k €	+18.8%	16 k €	-8.3%	17,5 k €	-59.3%	43 k €	+211%	13,8 k €	-75.9%	57,4 k €	+281%	15,1 k €	-47.1%	28,5 k €	-64.5%	80,2 k €	+44.7%	55,5 k €
Operating result	-57,5 k €	-726%	9,2 k €	-88.3%	78,6 k €	-1.2%	79,6 k €	+588%	11,6 k €	-6.2%	12,3 k €	-8.9%	13,5 k €	-9.8%	15 k €	-62.4%	39,9 k €	+255%	11,2 k €	-78.9%	53,2 k €	+715%	6,5 k €	-17.5%	7,9 k €	-87.0%	60,9 k €	+82.3%	33,4 k €
Net result	-21,3 k €	-159%	-8,2 k €	-118%	45,7 k €	-5.8%	48,5 k €	+7757%	617,6 €	-57.7%	1,5 k €	+36.6%	1,1 k €	-77.8%	4,8 k €	-79.0%	23 k €	+490%	3,9 k €	-86.8%	29,5 k €	+1173%	-2,7 k €	-205%	-901,5 €	-102%	43,7 k €	+65.6%	26,4 k €
Balance sheet
Equity	37,5 k €	-36.2%	58,8 k €	-12.3%	67 k €	+1.1%	66,3 k €	+0.8%	65,8 k €	-10.1%	73,2 k €	-2.4%	75 k €	+1.4%	74 k €	+7.0%	69,2 k €	+4.5%	66,2 k €	+6.2%	62,3 k €	+89.6%	32,9 k €	-7.7%	35,6 k €	-2.5%	36,5 k €	+185%	12,8 k €
Total assets	240 k €	-65.8%	702,4 k €	-19.5%	872,5 k €	+0.6%	867,6 k €	+48.0%	586,2 k €	+66.2%	352,6 k €	-25.2%	471,3 k €	+4.1%	452,8 k €	+14.7%	394,7 k €	+16.5%	338,9 k €	-16.1%	403,8 k €	+80.6%	223,5 k €	+51.2%	147,9 k €	-13.5%	170,9 k €	+15.1%	148,4 k €
Cash	–		13,6 k €	+5.3%	12,9 k €	+145%	5,3 k €	+58.4%	3,3 k €	-87.2%	26 k €	+39.5%	18,6 k €	-39.8%	31 k €	-81.6%	168,3 k €	+148%	67,8 k €	-46.4%	126,4 k €	+3238%	3,8 k €	-80.0%	18,9 k €	-8.4%	20,6 k €	-50.8%	42 k €
Debts	182,2 k €	-71.0%	628,6 k €	-21.4%	799,5 k €	+0.6%	794,8 k €	+52.7%	520,4 k €	+86.3%	279,4 k €	-29.1%	394,2 k €	+5.2%	374,6 k €	+15.1%	325,5 k €	+19.4%	272,7 k €	-18.9%	336,3 k €	+82.8%	184 k €	+74.3%	105,5 k €	-21.1%	133,7 k €	-1.4%	135,5 k €
Other
Workforce	5,5 ETP	-32.9%	8,2 ETP	+7.9%	7,6 ETP	+5.6%	7,2 ETP	+4.3%	6,9 ETP	+30.2%	5,3 ETP	-27.4%	7,3 ETP	+15.9%	6,3 ETP	+5.0%	6,0 ETP	+46.3%	4,1 ETP	+13.9%	3,6 ETP	-5.3%	3,8 ETP	0.0%	3,8 ETP	+26.7%	3,0 ETP	+650%	0,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 17 ended

Active mandates

dLuc

Director · since 14 septembre 2023 · 0726.476.055

Represented by Luc DEMORTIER

Active

Ended mandates

dLuc

Manager · since 04 juin 2018 · until 04 juin 2021 · 0726.476.055

Represented by Luc Demortier

Ended

Clément COUNASSE

Manager · since 25 février 2015

Ended

Luc DEMORTIER

Manager · since 25 février 2015

Ended

BÜSCH Consulting

Manager · since 01 janvier 2014 · 0521.794.078

Represented by Bruno BUSCH

Ended

At this address

Other companies at this address

Company	CBE no.
BEG-SNC-LAVALLIN● Active	0866.284.927
BEG-SOFREVIA-BEVAC● Active	0860.980.116
BUREAU D'ETUDES GREISCH● Active	0425.860.781
BUR ETU GREISCH ET GREISCH INGEN● Active	0603.963.174
CANEVAS architecture et ingénierie● Active	0864.230.210
G PAR● Active	0811.782.904
GREISCH ASSOCIES● Active	0750.776.337
GREISCH - COORDINATION & ETUDES● Active	0480.229.776
GREISCH INGENIERIE● Active	0444.668.289
GREISCH – ISL● Active	0727.858.306
GREISCH PARTICIPATIONS● Active	0676.688.133
GROUPE GREISCH● Active	0534.580.955
GROUPEMENT LIEGE TRAM● Active	0837.440.491
LIEGE SCIENCE PARK ENERGY● Active	1025.376.508
SM AG2T● Active	0828.206.388
SM AKT - CANEVAS● Active	0670.825.076
SM ATELIER KEMPE THILL - CANEVAS- GREISCH● Active	0637.779.849
SM BEL - CANEVAS - GREISCH● Active	0670.824.482
SM CANEVAS-BGROUP● Active	0730.962.603
SM GREISCH - ARCHEOPS - NEO & IDES● Active	0844.844.957

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	15/07/2026	30/09/2025	25/06/2024	26/08/2023	18/08/2022	10/08/2021
General meeting	16/06/2026	10/06/2025	11/06/2024	13/06/2023	07/06/2022	07/06/2021
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/06/2026	15/07/2026	French	PDF
Abridged model	31/12/2024	10/06/2025	30/09/2025	French	PDF
Abridged model	31/12/2023	11/06/2024	25/06/2024	French	PDF
Abridged model	31/12/2022	13/06/2023	26/08/2023	French	PDF
Abridged model	31/12/2021	07/06/2022	18/08/2022	French	PDF
Abridged model	31/12/2020	07/06/2021	10/08/2021	French	PDF
Abridged model	31/12/2019	02/06/2020	24/07/2020	French	PDF
Abridged model	31/12/2018	03/06/2019	05/08/2019	French	PDF
Abridged model	31/12/2017	04/06/2018	27/08/2018	French	PDF
Abridged model	31/12/2016	19/05/2017	01/08/2017	French	PDF
Abridged model	31/12/2015	06/06/2016	08/08/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	27/07/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	30/08/2014	French	PDF
Abridged model	31/12/2012	03/06/2013	08/08/2013	French	PDF
Abridged model	31/12/2011	02/06/2012	29/08/2012	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 17 ended

Active mandates

dLuc

Director · since 14 septembre 2023 · 0726.476.055

Represented by Luc DEMORTIER

Active

Ended mandates

dLuc

Manager · since 04 juin 2018 · until 04 juin 2021 · 0726.476.055

Represented by Luc Demortier

Ended

Clément COUNASSE

Manager · since 25 février 2015

Ended

Luc DEMORTIER

Manager · since 25 février 2015

Ended

BÜSCH Consulting

Manager · since 01 janvier 2014 · 0521.794.078

Represented by Bruno BUSCH

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other14/07/2026
—
PDF
Mandates04/09/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates06/03/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates20/09/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates15/03/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates02/08/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates12/11/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates01/08/2018
DEMISSIONS, NOMINATIONS
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 2025-21,3 k €↓
2024
Annual accounts 2024-8,2 k €↓
2023
Annual accounts 202345,7 k €↓
2023
Name changeNEO ET IDES
2022
Annual accounts 202248,5 k €↑
2021
Annual accounts 2021617,6 €↓
2021
Name changeNEO & IDES
2020
Annual accounts 20201,5 k €↑
2019
Annual accounts 20191,1 k €↓
2018
Annual accounts 20184,8 k €↓
2017
Annual accounts 201723 k €↑
2016
Annual accounts 20163,9 k €↓
2015
Annual accounts 201529,5 k €↑
2014
Annual accounts 2014-2,7 k €↓
2013
Annual accounts 2013-901,5 €↓
2012
Annual accounts 201243,7 k €↑
2011
Annual accounts 201126,4 k €
24/09/2010
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

NEO & IDES

Overview

What does NEO & IDES do?

Trend over 15 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