ACTIVE

Addvalue

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Financial year 2025 · closed on 30/09/2025
Net result
-61,4 k €
+16.5% YoY
Gross margin
-47,3 k €
+36.4% YoY
Equity
3,0 M €
-2.0% YoY

What does Addvalue do?

Addvalue is a Private limited company incorporated in 2003. Its main activity is: Management consultancy activities. Its registered office is in Grez-Doiceau.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0859.797.013
Incorporation
28/07/2003
Legal form
Private limited company
Registered office
Ruelle des Croix 40
1390 Grez-Doiceau · WallonieSee on map
Contributed capital
20 000,00 €
Latest accounts
30/09/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities74142Specialised design activities
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-47,3 k €-74,4 k €153,3 k €615,1 k €535,5 k €529,6 k €414,5 k €306,9 k €84,9 k €91,3 k €-13,7 k €18,5 k €-9,8 k €56,4 k €11,3 k €-3,5 k €5,1 k €-1,0 k €35,9 k €
EBITDA-50,1 k €-76,7 k €149,8 k €614,2 k €534,6 k €484,0 k €361,6 k €306,5 k €84,4 k €90,8 k €-14,8 k €16,2 k €-11,2 k €53,3 k €10,1 k €-4,6 k €4,6 k €-2,1 k €35,0 k €
Operating result-101,4 k €-126,5 k €111,0 k €604,4 k €522,9 k €473,1 k €352,2 k €303,1 k €80,7 k €84,9 k €-18,5 k €9,5 k €-16,0 k €46,9 k €6,8 k €-9,3 k €-521,2 €-7,1 k €30,6 k €
Net result-61,4 k €-73,5 k €1,6 M €415,4 k €362,2 k €306,2 k €218,9 k €176,2 k €43,6 k €48,2 k €-18,9 k €7,8 k €-16,8 k €28,0 k €5,6 k €-9,1 k €-1,3 k €-4,7 k €25,5 k €
Balance sheet
Equity3,0 M €3,1 M €3,1 M €1,5 M €1,1 M €812,0 k €505,9 k €287,0 k €110,7 k €67,1 k €18,9 k €37,8 k €30,0 k €46,8 k €43,8 k €38,2 k €47,3 k €48,7 k €53,3 k €
Total assets3,0 M €3,1 M €3,2 M €2,0 M €1,2 M €916,6 k €719,9 k €519,9 k €212,9 k €190,7 k €109,5 k €79,2 k €63,2 k €130,6 k €50,3 k €46,5 k €54,1 k €50,8 k €79,3 k €
Cash96,8 k €124,7 k €218,6 k €1,0 M €897,1 k €760,2 k €571,8 k €394,8 k €120,6 k €101,0 k €20,8 k €53,0 k €22,8 k €93,2 k €37,4 k €38,8 k €22,1 k €7,4 k €29,7 k €
Debts1,0 k €4,7 k €5,5 k €467,4 k €102,0 k €104,6 k €213,2 k €232,3 k €102,2 k €123,5 k €90,6 k €41,3 k €33,2 k €83,8 k €6,5 k €8,3 k €6,7 k €2,1 k €25,9 k €
Other
Workforce–––––1,0 ETP1,0 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 30/09/2025 · 2 active · 5 ended

Active mandates

HUGUES HUSTINX

Administrator - manager

Active
KARIN MELIS

Administrator - manager

Active

Ended mandates

Karin Melis

Manager · since 03 novembre 2014

Ended
Hugues Hustinx

Manager · since 20 juin 2008

Ended
Hugues HUSTINX

Manager

Ended
HUGUES HUSTINX

Director

Ended
Annual accounts

Full financial information

202520242023202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year30/09/202530/09/202430/09/202331/12/202131/12/202031/12/2019
Length of the financial year12 months12 months21 months12 months12 months12 months
Filing date28/04/202623/04/202525/04/202430/08/202208/09/202101/09/2020
General meeting16/03/202617/03/202518/03/202420/06/202221/06/202115/06/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202516/03/202628/04/2026FrenchPDF
Abridged model30/09/202417/03/202523/04/2025FrenchPDF
Abridged model30/09/202318/03/202425/04/2024FrenchPDF
Abridged model31/12/202120/06/202230/08/2022FrenchPDF
Abridged model31/12/202021/06/202108/09/2021FrenchPDF
Abridged model31/12/201915/06/202001/09/2020FrenchPDF
Abridged model31/12/201817/06/201926/08/2019FrenchPDF
Abridged model31/12/201718/06/201830/08/2018FrenchPDF
Abridged model31/12/201619/06/201728/08/2017FrenchPDF
Abridged model31/12/201520/06/201631/08/2016FrenchPDF
Abridged model31/12/201415/06/201528/07/2015FrenchPDF
Abridged model31/12/201316/06/201425/06/2014FrenchPDF
Abridged model31/12/201217/06/201318/06/2013FrenchPDF
Abridged model31/12/201118/06/201219/06/2012FrenchPDF
Abridged model31/12/201020/06/201121/06/2011FrenchPDF
Abridged model31/12/200921/06/201023/08/2010FrenchPDF
Abridged model31/12/200815/06/200931/07/2009FrenchPDF
Abridged model31/12/200716/06/200808/07/2008DutchPDF
Abridged model31/12/200618/06/200718/07/2007FrenchPDF
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 30/09/2025 · 2 active · 5 ended

Active mandates

HUGUES HUSTINX

Administrator - manager

Active
KARIN MELIS

Administrator - manager

Active

Ended mandates

Karin Melis

Manager · since 03 novembre 2014

Ended
Hugues Hustinx

Manager · since 20 juin 2008

Ended
Hugues HUSTINX

Manager

Ended
HUGUES HUSTINX

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/12/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates07/04/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/11/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/07/2008
    DEMISSIONS, NOMINATIONS
    PDF
  • Other04/08/2003
    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

Timeline

  1. 2025
    Annual accounts 2025-61,4 k €↑
  2. 2024
    Annual accounts 2024-73,5 k €↓
  3. 2023
    Annual accounts 20231,6 M €↑
  4. 2023
    Name changeADDVALUE
  5. 2021
    Annual accounts 2021415,4 k €↑
  6. 2021
    Name changeADD VALUE
  7. 2020
    Annual accounts 2020362,2 k €↑
  8. 2019
    Annual accounts 2019306,2 k €↑
  9. 2018
    Annual accounts 2018218,9 k €↑
  10. 2017
    Annual accounts 2017176,2 k €↑
  11. 2016
    Annual accounts 201643,6 k €↓
  12. 2015
    Annual accounts 201548,2 k €↑
  13. 2014
    Annual accounts 2014-18,9 k €↓
  14. 2013
    Annual accounts 20137,8 k €↑
  15. 2012
    Annual accounts 2012-16,8 k €↓
  16. 2011
    Annual accounts 201128,0 k €↑
  17. 2010
    Annual accounts 20105,6 k €↑
  18. 2009
    Annual accounts 2009-9,1 k €↓
  19. 2008
    Annual accounts 2008-1,3 k €↑
  20. 2007
    Annual accounts 2007-4,7 k €↓
  21. 2006
    Annual accounts 200625,5 k €
  22. 28/07/2003
    IncorporationPrivate limited company