ACTIVE

Ariad Group

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Financial year 2025 · closed on 31/12/2025

Net result

427,3 k €

+303.1% YoY

Revenue

12,2 M €

-17.7% YoY

Equity

2,6 M €

+10.3% YoY

Workforce

29,1 ETP

+16.9% YoY

What does Ariad Group do?

Ariad Group is a Public limited company incorporated in 2011. Its main activity is: Public relations and communication activities. Its registered office is in Antwerpen. It employs on average 29,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0835.641.043

Incorporation

19/04/2011

Legal form

Public limited company

Registered office

Italiëlei 88
2000 Antwerpen · FlandreSee on map

Contributed capital

479 250,00 €

Latest accounts

31/12/2025

Average workforce

29,1 ETP

Activities (NACE)

70210Public relations and communication activities· main 73300Advertising and market research 78100Activities of employment placement agencies 78100Activities of employment placement agencies 70200Management consultancy activities 70220Business and other management consultancy activities+2

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Revenue	12,2 M €	-17.7%	14,8 M €		–		–		–		–		–		–		–		–		–		–		–		147,6 k €
EBITDA	584,1 k €	+213%	186,8 k €	-77.3%	824,5 k €	+15.4%	714,3 k €	-3.9%	743,3 k €	+63.5%	454,7 k €	+284%	-247,5 k €	-181%	306,2 k €	+7416%	4,1 k €	+113%	-32,5 k €	-212%	29,1 k €	-58.7%	70,6 k €	+172%	26 k €	+75.4%	14,8 k €
Operating result	540,8 k €	+267%	147,5 k €	-81.6%	802,6 k €	+15.3%	695,9 k €	-4.5%	728,5 k €	+68.0%	433,6 k €	+261%	-269,6 k €	-193%	290,5 k €	+26366%	1,1 k €	+103%	-37,8 k €	-262%	23,4 k €	-62.5%	62,4 k €	+196%	21,1 k €	+133%	9 k €
Net result	427,3 k €	+303%	106 k €	-82.1%	593,7 k €	+17.7%	504,2 k €	-3.7%	523,6 k €	+37.0%	382,1 k €	+204%	-367,5 k €	-295%	188,1 k €	+2327%	-8,4 k €	+78.5%	-39,4 k €	-398%	13,2 k €	-66.8%	39,9 k €	+217%	12,6 k €	+229%	3,8 k €
Balance sheet
Equity	2,6 M €	+10.3%	2,3 M €	+2.4%	2,3 M €	+40.8%	1,6 M €	+45.1%	1,1 M €	+90.0%	588,7 k €	+185%	206,6 k €	-64.0%	574,1 k €	+48.8%	385,9 k €	-2.1%	394,4 k €	-9.1%	433,7 k €	+1826%	22,5 k €	-0.5%	22,6 k €	+126%	10 k €
Total assets	4,6 M €	-0.4%	4,6 M €	-1.6%	4,7 M €	+57.5%	3 M €	+15.3%	2,6 M €	+22.4%	2,1 M €	-2.3%	2,2 M €	-24.8%	2,9 M €	+32.5%	2,2 M €	+93.7%	1,1 M €	+35.2%	825 k €	+312%	200,4 k €	+192%	68,6 k €	+29.2%	53,1 k €
Cash	465 k €	-5.6%	492,3 k €	-46.6%	921,8 k €	-14.0%	1,1 M €	-4.7%	1,1 M €	+50.1%	749,9 k €	+292%	191,1 k €	+173%	70 k €	-72.1%	251 k €	+123%	112,6 k €	-70.1%	377 k €	+304%	93,4 k €	+185%	32,7 k €	-21.0%	41,4 k €
Debts	1,8 M €	-14.6%	2,1 M €	-7.6%	2,3 M €	+74.2%	1,3 M €	-9.6%	1,5 M €	-3.1%	1,5 M €	-22.0%	1,9 M €	-15.8%	2,3 M €	+29.0%	1,8 M €	+146%	721,1 k €	+84.4%	391,1 k €	+120%	177,8 k €	+286%	46 k €	+6.8%	43,1 k €
Other
Workforce	29,1 ETP	+16.9%	24,9 ETP	+20.3%	20,7 ETP	+54.5%	13,4 ETP	+61.4%	8,3 ETP	-12.6%	9,5 ETP	-29.6%	13,5 ETP	+58.8%	8,5 ETP	+227%	2,6 ETP	+160%	1,0 ETP	+25.0%	0,8 ETP	+700%	0,1 ETP		–		–

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 · 2 active · 28 ended

Active mandates

Sisu Group

Director · since 01 janvier 2026 · 0789.743.514

Represented by Stéphane Collignon

Active

CATALAY

Managing director · since 30 décembre 2024 · 0822.731.729

Represented by Kris Cuypers

Active

Ended mandates

CATALAY

Director · since 30 décembre 2024 · 0822.731.729

Represented by Stéphane COLLIGNON

Ended

Nedworks

Managing director · since 10 mars 2023 · until 09 mars 2029 · 0845.311.052

Represented by Stéphane Collignon

Ended

Vipu

Director · since 10 mars 2023 · 0768.634.928

Represented by Regis DE PRETER

Ended

Vipu

Director · since 10 mars 2023 · until 09 mars 2029 · 0768.634.928

Represented by Regis De Preter

Ended

At this address

Other companies at this address

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BTW-EENHEID SISU● Active	0783.686.457
CATALAY● Active	0822.731.729
EVERTYS● Active	0644.826.801
MindCapture● Active	0842.953.259
Sisu Group● Active	0789.743.514
Sisu: STAK● Active	0799.480.433
Strand Associates Consulting● Active	0809.621.089
Summit Consulting Group● Active	0829.279.526
VISION4CARE● Active	0538.897.158

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full 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	26/06/2026	19/07/2025	21/08/2024	31/08/2023	31/08/2022	25/05/2021
General meeting	05/06/2026	19/06/2025	20/06/2024	30/06/2023	16/06/2022	26/04/2021
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	05/06/2026	26/06/2026	Dutch	PDF
Full model	31/12/2024	19/06/2025	19/07/2025	Dutch	PDF
Abridged model	31/12/2023	20/06/2024	21/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	16/06/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	26/04/2021	25/05/2021	Dutch	PDF
Abridged model	31/12/2019	31/08/2020	28/09/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	26/07/2019	Dutch	PDF
Abridged model	31/12/2017	21/06/2018	28/06/2018	Dutch	PDF
Abridged model	31/12/2016	15/06/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	16/06/2016	20/06/2016	Dutch	PDF
Abridged model	31/12/2014	18/06/2015	13/07/2015	Dutch	PDF
Abridged model	31/12/2013	19/06/2014	20/06/2014	Dutch	PDF
Abridged model	31/12/2012	20/06/2013	25/06/2013	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 · 2 active · 28 ended

Active mandates

Sisu Group

Director · since 01 janvier 2026 · 0789.743.514

Represented by Stéphane Collignon

Active

CATALAY

Managing director · since 30 décembre 2024 · 0822.731.729

Represented by Kris Cuypers

Active

Ended mandates

CATALAY

Director · since 30 décembre 2024 · 0822.731.729

Represented by Stéphane COLLIGNON

Ended

Nedworks

Managing director · since 10 mars 2023 · until 09 mars 2029 · 0845.311.052

Represented by Stéphane Collignon

Ended

Vipu

Director · since 10 mars 2023 · 0768.634.928

Represented by Regis DE PRETER

Ended

Vipu

Director · since 10 mars 2023 · until 09 mars 2029 · 0768.634.928

Represented by Regis De Preter

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares30/04/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - KAPITAAL - AANDELEN
PDF
Restructuring06/03/2026
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring19/11/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Registered office03/11/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates06/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/03/2023
ONTSLAGEN - BENOEMINGEN
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 2025427,3 k €↑
2024
Annual accounts 2024106 k €↓
2023
Annual accounts 2023593,7 k €↑
2022
Annual accounts 2022504,2 k €↓
2021
Annual accounts 2021523,6 k €↑
2020
Annual accounts 2020382,1 k €↑
2019
Annual accounts 2019-367,5 k €↓
2018
Annual accounts 2018188,1 k €↑
2018
Name changeAriad Group
2017
Annual accounts 2017-8,4 k €↑
2016
Annual accounts 2016-39,4 k €↓
2015
Annual accounts 201513,2 k €↓
2014
Annual accounts 201439,9 k €↑
2014
Name changeCONVERSION TALENT
2013
Annual accounts 201312,6 k €↑
2012
Annual accounts 20123,8 k €
2012
Name changeGREENSALES
19/04/2011
IncorporationPublic 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

Ariad Group

Overview

What does Ariad Group do?

Trend over 14 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