ACTIVE

BeAngels Capital

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Financial year 2025 · closed on 31/12/2025

Net result

12,2 k €

+107.9% YoY

Gross margin

177,6 k €

+58.7% YoY

Equity

-323,9 k €

+3.4% YoY

Workforce

0,8 ETP

-60.0% YoY

What does BeAngels Capital do?

BeAngels Capital is a Private limited company incorporated in 2012. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles. It employs on average 0,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0846.025.486

Incorporation

18/05/2012

Legal form

Private limited company

Registered office

Cantersteen 10/12
1000 Bruxelles · BruxellesSee on map

Contributed capital

398 600,00 €

Latest accounts

31/12/2025

Average workforce

0,8 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 82300Organisation of conventions and trade shows 82300Organisation of conventions and trade shows

Joint committees (1)

Signals

ProfitablePositive 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 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	177,6 k €	+58.7%	111,9 k €	+564%	-24,1 k €	-148%	50,6 k €	-70.2%	170 k €	+81.5%	93,6 k €	+40.9%	66,5 k €	-37.1%	105,6 k €	+1325%	7,4 k €	+392%	1,5 k €	-32.3%	2,2 k €	-58.0%	5,3 k €	+899%	529,8 €	+104%	-14,3 k €
EBITDA	113,5 k €	+258%	-71,7 k €	+62.7%	-192,1 k €	-143%	-78,9 k €	-753%	12,1 k €	+119%	-63,4 k €	+0.7%	-63,8 k €	-1024%	6,9 k €	-5.8%	7,3 k €	+386%	1,5 k €	+22.9%	1,2 k €	-76.8%	5,3 k €	+2803%	182,3 €	+101%	-14,7 k €
Operating result	30,2 k €	+121%	-146 k €	+43.1%	-256,8 k €	-104%	-125,6 k €	-524%	-20,1 k €	+77.3%	-88,7 k €	-7.0%	-82,9 k €	-1759%	-4,5 k €	-220%	3,7 k €	+359%	806,5 €	-34.2%	1,2 k €	-76.8%	5,3 k €	+2803%	182,3 €	+101%	-14,7 k €
Net result	12,2 k €	+108%	-154,4 k €	+40.0%	-257,4 k €	-105%	-125,6 k €	-421%	-24,1 k €	+72.9%	-88,8 k €	-7.8%	-82,3 k €	-1408%	-5,5 k €	-259%	3,4 k €	+361%	742,7 €	+995%	67,8 €	-98.7%	5,2 k €	+3429%	148,3 €	+101%	-14,7 k €
Balance sheet
Equity	-323,9 k €	+3.4%	-335,4 k €	-83.9%	-182,4 k €	-331%	79,1 k €	+143%	-184,1 k €	-16.1%	-158,5 k €	-132%	-68,3 k €	-944%	8,1 k €	-40.3%	13,5 k €	+33.9%	10,1 k €	+7.9%	9,4 k €	+0.7%	9,3 k €	+128%	4,1 k €	+148%	-8,5 k €
Total assets	1 M €	+171%	382,6 k €	+18.6%	322,6 k €	-4.2%	336,7 k €	+89.2%	177,9 k €	+32.2%	134,6 k €	-36.8%	213 k €	+96.6%	108,3 k €	+61.9%	66,9 k €	+5.5%	63,4 k €	+109%	30,3 k €	+129%	13,2 k €	+6.8%	12,4 k €	+83.3%	6,7 k €
Cash	739,4 k €	+2585%	27,5 k €	-37.5%	44,1 k €	-65.5%	127,8 k €	+173%	46,8 k €	+309%	11,5 k €	-28.4%	16 k €	-19.9%	20 k €	-27.3%	27,5 k €	+1338%	1,9 k €	-92.7%	26,2 k €	+386%	5,4 k €	+105%	2,6 k €	+62.0%	1,6 k €
Debts	1,3 M €	+90.2%	659,2 k €	+47.7%	446,2 k €	+87.4%	238,1 k €	-32.9%	354,8 k €	+25.7%	282,3 k €	+18.3%	238,7 k €	+138%	100,3 k €	+87.8%	53,4 k €	+37.2%	38,9 k €	+86.0%	20,9 k €	+437%	3,9 k €	-53.0%	8,3 k €	-45.6%	15,2 k €
Other
Workforce	0,8 ETP	-60.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 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 · 3 active · 13 ended

Active mandates

Jean Dosogne

Director · since 02 août 2024

Active

THINKSPARK

Director · since 09 mars 2017 · 0829.393.055

Represented by Claire Munck

Active

BE ANGELS

Director · since 08 mai 2012 · 0467.046.288

Represented by Claire Munck

Active

Ended mandates

THINKSPARK

Manager · since 09 mars 2017 · 0829.393.055

Represented by CLAIRE MUNCK

Ended

MARIE BOUILLEZ

Director · since 01 septembre 2015 · until 01 septembre 2021

Ended

Olivier Belenger

Director · since 01 septembre 2015

Ended

OLIVIER BELENGER

Director · since 01 septembre 2015 · until 01 septembre 2021

Ended

At this address

Other companies at this address

Company	CBE no.
ANGEL BEYOND 2● Active	0728.854.238
ANGEL BEYOND 3● Active	0728.851.367
BeAngels Investors Club 12 (BAC12)● Active	0773.584.797
BE ANGELS INVESTORS CLUB 9● Active	0743.745.817
BE ANGELS INVESTORS CLUB (BAC) 10● Active	0747.481.604
BE ANGELS INVESTORS CLUB (BAC) 11● Active	0765.815.394
BE ANGELS INVESTORS CLUB (BAC) 13● Active	0779.372.729
BEANGELS INVESTORS CLUB (BAC) 14● Active	0786.790.061
BE ANGELS INVESTORS CLUB (BAC) 4● Active	0728.857.208
BE ANGELS INVESTORS CLUB (BAC) 5● Active	0728.859.285
BE ANGELS INVESTORS CLUB (BAC) 6● Active	0726.823.176
BE ANGELS INVESTORS CLUB (BAC) 7● Active	0728.888.484
Be Angels SIBA 1● Active	0726.765.867
Democratic Society● Active	0677.558.361
Makelt Capital I● Active	0761.895.408
REGROUPEMENT SC 1● Liquidation	0782.330.734
Scalefund III● Active	1020.270.744
SIBA EE 4● Active	0759.397.756
SIBA ETUDIANTS ENTREPRENEURS 2017● Active	0727.832.966
SIBA ETUDIANTS ENTREPRENEURS 2018● Active	0727.830.986

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	29/06/2026	07/07/2025	25/06/2024	20/06/2023	05/07/2022	23/07/2021
General meeting	10/06/2026	11/06/2025	16/05/2024	19/05/2023	20/05/2022	19/05/2021
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	10/06/2026	29/06/2026	French	PDF
Abridged model	31/12/2024	11/06/2025	07/07/2025	French	PDF
Abridged model	31/12/2023	16/05/2024	25/06/2024	French	PDF
Abridged model	31/12/2022	19/05/2023	20/06/2023	French	PDF
Abridged model	31/12/2021	20/05/2022	05/07/2022	French	PDF
Micro model	31/12/2020	19/05/2021	23/07/2021	French	PDF
Micro model	31/12/2019	20/05/2020	26/08/2020	French	PDF
Micro model	31/12/2018	15/05/2019	24/06/2019	French	PDF
Micro model	31/12/2017	16/05/2018	03/07/2018	French	PDF
Micro model	31/12/2016	17/05/2017	28/06/2017	French	PDF
Abridged model	31/12/2015	18/05/2016	14/07/2016	French	PDF
Abridged model	31/12/2014	20/05/2015	14/08/2015	French	PDF
Abridged model	31/12/2013	16/05/2014	28/05/2014	French	PDF
Abridged model	31/12/2012	17/05/2013	20/06/2013	French	PDF

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 · 3 active · 13 ended

Active mandates

Jean Dosogne

Director · since 02 août 2024

Active

THINKSPARK

Director · since 09 mars 2017 · 0829.393.055

Represented by Claire Munck

Active

BE ANGELS

Director · since 08 mai 2012 · 0467.046.288

Represented by Claire Munck

Active

Ended mandates

THINKSPARK

Manager · since 09 mars 2017 · 0829.393.055

Represented by CLAIRE MUNCK

Ended

MARIE BOUILLEZ

Director · since 01 septembre 2015 · until 01 septembre 2021

Ended

Olivier Belenger

Director · since 01 septembre 2015

Ended

OLIVIER BELENGER

Director · since 01 septembre 2015 · until 01 septembre 2021

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/08/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Mandates10/05/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates04/04/2017
DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates07/12/2015
DEMISSIONS, NOMINATIONS
PDF
Registered office19/06/2014
SIEGE SOCIAL
PDF
Other22/05/2012
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

2025
Annual accounts 202512,2 k €↑
2024
Annual accounts 2024-154,4 k €↑
2023
Annual accounts 2023-257,4 k €↓
2022
Annual accounts 2022-125,6 k €↓
2021
Annual accounts 2021-24,1 k €↑
2021
Name changeBeAngels Capital
2020
Annual accounts 2020-88,8 k €↓
2019
Annual accounts 2019-82,3 k €↓
2018
Annual accounts 2018-5,5 k €↓
2017
Annual accounts 20173,4 k €↑
2016
Annual accounts 2016742,7 €↑
2016
Name changeWomen Business Angels Club - BE Angels Capital
2015
Annual accounts 201567,8 €↓
2014
Annual accounts 20145,2 k €↑
2013
Annual accounts 2013148,3 €↑
2012
Annual accounts 2012-14,7 k €
18/05/2012
IncorporationPrivate limited company
2012
Name changeWomen Business Angels Club

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

BeAngels Capital

Overview

What does BeAngels Capital 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