ACTIVE

COMMITMENT

Financial year 2025 · closed on 31/12/2025
Net result
3,2 M €
+5.5% YoY
Revenue
1,2 M €
-0.2% YoY
Equity
14,4 M €
-8.3% YoY

What does COMMITMENT do?

COMMITMENT is a Private limited company incorporated in 2003. Its main activity is: Management consultancy activities. Its registered office is in Kapellen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0860.533.124
Incorporation
17/09/2003
Legal form
Private limited company
Registered office
Jagersdreef 5
2950 Kapellen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021201820172016201520142013201220112010200920082007
Income statement
Revenue1,2 M €1,2 M €1,2 M €1,3 M €1,2 M €818,8 k €697,3 k €667,9 k €678,3 k €363,6 k €360,0 k €360,0 k €
EBITDA1,0 M €595,2 k €807,6 k €854,4 k €777,7 k €541,7 k €532,3 k €476,6 k €489,2 k €157,2 k €125,0 k €154,2 k €-113,9 k €47,3 k €95,5 k €99,9 k €96,2 k €
Operating result837,4 k €590,2 k €561,2 k €546,7 k €572,8 k €436,5 k €419,7 k €341,2 k €355,0 k €22,0 k €5,8 k €60,9 k €-284,9 k €-52,8 k €-35,2 k €91,2 k €85,9 k €
Net result3,2 M €3,0 M €3,0 M €3,9 M €2,7 M €2,5 M €2,4 M €2,3 M €2,4 M €2,2 M €2,2 M €4,4 M €4,1 M €2,1 M €1,3 M €1,0 M €799,2 k €
Balance sheet
Equity14,4 M €15,7 M €14,8 M €13,8 M €11,9 M €11,3 M €8,8 M €6,4 M €8,4 M €8,2 M €12,2 M €10,1 M €5,6 M €5,0 M €3,4 M €2,6 M €1,6 M €
Total assets15,2 M €16,0 M €15,5 M €14,5 M €12,6 M €13,2 M €11,4 M €10,3 M €10,3 M €9,7 M €14,5 M €13,0 M €8,8 M €9,1 M €8,1 M €2,6 M €1,8 M €
Cash725,9 k €1,0 M €1,6 M €681,1 k €3,0 M €4,3 M €3,5 M €2,3 M €2,3 M €1,3 M €2,2 M €2,9 M €213,0 k €360,3 k €482,9 k €345,1 k €48,6 k €
Debts765,0 k €256,5 k €498,2 k €495,4 k €463,0 k €1,6 M €2,3 M €3,7 M €1,6 M €1,3 M €2,1 M €2,7 M €3,0 M €4,0 M €4,7 M €46,6 k €188,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Erik Keustermans

Director · since 30 novembre 2023

Active

Ended mandates

Erik Keustermans

Manager · since 16 septembre 2003

Ended
Erik Maria Keustermans

Director · since 16 septembre 2003

Ended
Maria Keustermans Erik

Director · since 16 septembre 2003

Ended
Maria Keustermans Erik

Manager · since 16 septembre 2003

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date20/08/202612/08/202505/11/202424/07/202319/07/202226/07/2021
General meeting22/06/202623/06/202524/06/202426/06/202327/06/202228/06/2021
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

33 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202522/06/202620/08/2026DutchPDF
Full model31/12/202423/06/202512/08/2025DutchPDF
m120-f-p31/12/202423/06/202512/08/2025DutchPDF
Full modelCorrection31/12/202324/06/202405/11/2024DutchPDF
Full model31/12/202324/06/202423/07/2024DutchPDF
m120-f-p31/12/202324/06/202423/07/2024DutchPDF
Full model31/12/202226/06/202324/07/2023DutchPDF
m120-f-p31/12/202226/06/202319/07/2023DutchPDF
Full model31/12/202127/06/202219/07/2022DutchPDF
m120-f-p31/12/202127/06/202219/07/2022DutchPDF
Full model31/12/202028/06/202126/07/2021DutchPDF
m120-f-p31/12/202028/06/202123/07/2021DutchPDF
Full model31/12/201902/07/202031/07/2020DutchPDF
m120-f-p31/12/201902/07/202031/07/2020DutchPDF
Full model31/12/201824/06/201929/07/2019DutchPDF
m120-f-p31/12/201824/06/201903/07/2019DutchPDF
Full model31/12/201725/06/201831/07/2018DutchPDF
m120-f-p31/12/201725/06/201820/07/2018DutchPDF
Full model31/12/201626/06/201707/07/2017DutchPDF
m120-f-p31/12/201626/06/201707/07/2017DutchPDF
Full model31/12/201527/06/201614/07/2016DutchPDF
m120-f-p31/12/201527/06/201618/07/2016DutchPDF
Full model31/12/201401/06/201527/07/2015DutchPDF
m120-f-p31/12/201423/06/201527/08/2015DutchPDF

View all 33 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 1 active · 4 ended

Active mandates

Erik Keustermans

Director · since 30 novembre 2023

Active

Ended mandates

Erik Keustermans

Manager · since 16 septembre 2003

Ended
Erik Maria Keustermans

Director · since 16 septembre 2003

Ended
Maria Keustermans Erik

Director · since 16 septembre 2003

Ended
Maria Keustermans Erik

Manager · since 16 septembre 2003

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office02/12/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates07/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/09/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/07/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/02/2013
    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

Timeline

  1. 2025
    Annual accounts 20253,2 M €
  2. 2024
    Annual accounts 20243,0 M €
  3. 2023
    Annual accounts 20233,0 M €
  4. 2022
    Annual accounts 20223,9 M €
  5. 2021
    Annual accounts 20212,7 M €
  6. 2018
    Annual accounts 20182,5 M €
  7. 2017
    Annual accounts 20172,4 M €
  8. 2016
    Annual accounts 20162,3 M €
  9. 2015
    Annual accounts 20152,4 M €
  10. 2014
    Annual accounts 20142,2 M €
  11. 2013
    Annual accounts 20132,2 M €
  12. 2012
    Annual accounts 20124,4 M €
  13. 2011
    Annual accounts 20114,1 M €
  14. 2010
    Annual accounts 20102,1 M €
  15. 2009
    Annual accounts 20091,3 M €
  16. 2008
    Annual accounts 20081,0 M €
  17. 2007
    Annual accounts 2007799,2 k €
  18. 17/09/2003
    IncorporationPrivate limited company