ACTIVE

MicroStart Support

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Financial year 2025 · closed on 31/12/2025
Net result
26,4 k €
-26.2% YoY
Revenue
101,8 k €
Equity
47,9 k €
+122.9% YoY
Workforce
11,3 ETP
-10.3% YoY

What does MicroStart Support do?

MicroStart Support is a Non-profit organization incorporated in 2011. Its main activity is: Other credit granting. Its registered office is in Bruxelles. It employs on average 11,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0835.911.059
Incorporation
02/05/2011
Legal form
Non-profit organization
Registered office
Cantersteen 12
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
11,3 ETP
Activities (NACE)
64929Other credit granting· main64929Other credit granting82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.
Joint committees (1)
  • 335
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Revenue101,8 k €––––––––––
EBITDA92,9 k €65,0 k €80,2 k €-150,8 k €-70,0 k €94,9 k €135,4 k €35,9 k €-17,3 k €53,0 k €-5,5 k €
Operating result33,6 k €45,1 k €54,3 k €-186,1 k €-112,1 k €50,8 k €96,8 k €2,5 k €-38,2 k €39,7 k €-17,9 k €
Net result26,4 k €35,8 k €35,2 k €-186,9 k €-113,1 k €50,6 k €143,8 k €2,8 k €40,6 k €36,5 k €-22,4 k €
Balance sheet
Equity47,9 k €21,5 k €-11,5 k €-38,8 k €160,8 k €282,0 k €239,2 k €105,2 k €117,8 k €94,6 k €55,6 k €
Total assets1,2 M €1,3 M €1,3 M €1,1 M €1,8 M €1,3 M €1,6 M €1,2 M €721,8 k €652,3 k €487,6 k €
Cash213,3 k €130,6 k €599,4 k €130,3 k €265,8 k €355,3 k €59,5 k €132,0 k €49,1 k €36,1 k €102,2 k €
Debts647,0 k €321,4 k €518,3 k €735,6 k €512,0 k €165,8 k €322,0 k €386,2 k €268,2 k €345,3 k €432,1 k €
Other
Workforce11,3 ETP12,6 ETP11,1 ETP16,4 ETP16,9 ETP13,7 ETP10,9 ETP10,3 ETP8,2 ETP4,5 ETP6,6 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 · 8 active · 52 ended

Active mandates

MICROSTART

Director · since 01 janvier 2024 · 0829.081.071

Represented by Lorraine De Fierlant

Active
David Dardenne

Director · since 29 avril 2022 · until 05 juin 2025

Active
Guido BUSSENIERS

Chairman of the board of directors · since 29 avril 2022 · until 08 juin 2028

Active
Guy TURCHET

Director · since 29 avril 2022 · until 18 juillet 2025

Active
Odile AMORY

Director · since 29 avril 2022 · until 05 juin 2025

Active
Olivier BRISSAUD

Director · since 29 avril 2022 · until 05 juin 2025

Active
Eliane Dupret

Mandate

Active
Jacques Cornette

Mandate

Active

Ended mandates

David Dardenne

Director · since 29 avril 2022 · until 24 avril 2025

Ended
Guido BUSSENIERS

Chairman of the board of directors · since 29 avril 2022 · until 05 juin 2025

Ended
Guido BUSSENIERS

Director · since 29 avril 2022 · until 24 avril 2025

Ended
Guido BUSSENIERS

Director · since 29 avril 2022 · until 05 juin 2025

Ended
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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 date05/06/202610/06/202507/06/202422/05/202413/03/202331/08/2021
General meeting04/06/202605/06/202506/06/202427/04/202329/04/202227/04/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202504/06/202605/06/2026FrenchPDF
Abridged model31/12/202405/06/202510/06/2025FrenchPDF
Abridged model31/12/202306/06/202407/06/2024FrenchPDF
Abridged model31/12/202227/04/202322/05/2024FrenchPDF
Abridged modelCorrection31/12/202129/04/202213/03/2023FrenchPDF
Abridged model31/12/202129/04/202224/08/2022FrenchPDF
Abridged model31/12/202027/04/202131/08/2021FrenchPDF
Abridged model31/12/201918/06/202022/02/2021FrenchPDF
Abridged model31/12/201824/04/201909/07/2019FrenchPDF
Abridged model31/12/201720/04/201821/08/2018FrenchPDF
Abridged model31/12/201621/04/201731/05/2017FrenchPDF
Abridged model31/12/201529/04/201602/06/2016FrenchPDF
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 · 8 active · 52 ended

Active mandates

MICROSTART

Director · since 01 janvier 2024 · 0829.081.071

Represented by Lorraine De Fierlant

Active
David Dardenne

Director · since 29 avril 2022 · until 05 juin 2025

Active
Guido BUSSENIERS

Chairman of the board of directors · since 29 avril 2022 · until 08 juin 2028

Active
Guy TURCHET

Director · since 29 avril 2022 · until 18 juillet 2025

Active
Odile AMORY

Director · since 29 avril 2022 · until 05 juin 2025

Active
Olivier BRISSAUD

Director · since 29 avril 2022 · until 05 juin 2025

Active
Eliane Dupret

Mandate

Active
Jacques Cornette

Mandate

Active

Ended mandates

David Dardenne

Director · since 29 avril 2022 · until 24 avril 2025

Ended
Guido BUSSENIERS

Chairman of the board of directors · since 29 avril 2022 · until 05 juin 2025

Ended
Guido BUSSENIERS

Director · since 29 avril 2022 · until 24 avril 2025

Ended
Guido BUSSENIERS

Director · since 29 avril 2022 · until 05 juin 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/09/2024
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates13/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/08/2024
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates12/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/03/2023
    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

Timeline

  1. 2025
    Annual accounts 202526,4 k €↓
  2. 2024
    Annual accounts 202435,8 k €↑
  3. 2023
    Annual accounts 202335,2 k €↑
  4. 2022
    Annual accounts 2022-186,9 k €↓
  5. 2021
    Annual accounts 2021-113,1 k €↓
  6. 2020
    Annual accounts 202050,6 k €↓
  7. 2019
    Annual accounts 2019143,8 k €↑
  8. 2018
    Annual accounts 20182,8 k €↓
  9. 2017
    Annual accounts 201740,6 k €↑
  10. 2016
    Annual accounts 201636,5 k €↑
  11. 2015
    Annual accounts 2015-22,4 k €
  12. 02/05/2011
    IncorporationNon-profit organization