ACTIVE

AUDEXCO.BE

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Financial year 2025 · closed on 31/12/2025

Net result

90,2 k €

-14.4% YoY

Gross margin

137,2 k €

+11.4% YoY

Equity

538,6 k €

+20.1% YoY

What does AUDEXCO.BE do?

AUDEXCO.BE is a Private limited company incorporated in 2003. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Fléron.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0861.065.535

Incorporation

14/10/2003

Legal form

Private limited company

Registered office

Rue François Blavier 40
4624 Fléron · WallonieSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

69201Accounting, bookkeeping and auditing activities; tax consultancy· main 69201Accounting, bookkeeping and auditing activities; tax consultancy 74122Specialised design activities 74124Specialised design activities

Joint committees (2)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	137,2 k €	+11.4%	123,1 k €	+39.3%	88,4 k €	-0.0%	88,4 k €	+8.9%	81,2 k €	-2.4%	83,2 k €	+9.4%	76,1 k €	+4.8%	72,6 k €	-36.8%	114,8 k €	-6.1%	122,3 k €	+44.3%	84,7 k €	+12.8%	75,1 k €	+33.9%	56,1 k €	+6.0%	52,9 k €	-44.7%	95,7 k €	+679%	12,3 k €	-18.2%	15 k €	-20.5%	18,9 k €	+120%	8,6 k €	-26.3%	11,7 k €
EBITDA	136,3 k €	+11.5%	122,2 k €	+39.7%	87,4 k €	-0.1%	87,6 k €	+12.9%	77,6 k €	-4.8%	81,5 k €	+8.3%	75,3 k €	+42.5%	52,8 k €	-11.1%	59,4 k €	-12.5%	67,9 k €	+58.9%	42,7 k €	-3.1%	44,1 k €	+52.0%	29 k €	-26.5%	39,5 k €	-13.9%	45,8 k €	+330%	10,7 k €	-25.5%	14,3 k €	-21.7%	18,3 k €	+133%	7,8 k €	-28.2%	10,9 k €
Operating result	135,5 k €	+12.4%	120,5 k €	+207%	39,2 k €	-12.2%	44,7 k €	-36.9%	70,8 k €	-8.6%	77,4 k €	+11.3%	69,5 k €	+50.3%	46,3 k €	-9.2%	51 k €	-19.5%	63,3 k €	+58.7%	39,9 k €	-4.1%	41,6 k €	-9.9%	46,1 k €	+32.8%	34,8 k €	+56.1%	22,3 k €	+279%	5,9 k €	-47.7%	11,2 k €	-26.7%	15,3 k €	+167%	5,7 k €	-30.6%	8,3 k €
Net result	90,2 k €	-14.4%	105,4 k €	+679%	13,5 k €	-41.3%	23 k €	-57.0%	53,6 k €	-14.3%	62,5 k €	+8.5%	57,6 k €	+69.6%	34 k €	-1.1%	34,4 k €	-13.3%	39,7 k €	+76.2%	22,5 k €	-17.2%	27,2 k €	-23.7%	35,6 k €	+56.7%	22,7 k €	+35.3%	16,8 k €	+289%	4,3 k €	-36.8%	6,8 k €	-38.9%	11,2 k €	+197%	3,8 k €	-48.2%	7,3 k €
Balance sheet
Equity	538,6 k €	+20.1%	448,4 k €	+14.1%	393 k €	-9.0%	431,9 k €	+5.4%	409,7 k €	+3.4%	396,1 k €	+18.5%	334,4 k €	+20.5%	277,5 k €	+13.6%	244,3 k €	+11.6%	219 k €	+20.5%	181,7 k €	+14.1%	159,2 k €	+20.6%	132 k €	+29.2%	102,2 k €	+28.6%	79,4 k €	+26.8%	62,7 k €	+7.4%	58,3 k €	+13.3%	51,5 k €	+27.8%	40,3 k €	+10.3%	36,5 k €
Total assets	595,9 k €	+17.7%	506,3 k €	+1.6%	498,1 k €	-1.1%	503,8 k €	+19.2%	422,6 k €	+0.4%	421 k €	+15.7%	363,7 k €	+15.7%	314,3 k €	+4.3%	301,3 k €	+13.5%	265,4 k €	+19.7%	221,8 k €	+10.3%	201,1 k €	+23.7%	162,5 k €	+25.2%	129,9 k €	+23.5%	105,2 k €	+34.1%	78,4 k €	+15.2%	68,1 k €	+10.6%	61,6 k €	+28.4%	48 k €	+15.0%	41,7 k €
Cash	264,9 k €	-14.0%	307,9 k €	+0.0%	307,9 k €	-4.9%	323,9 k €	+12.8%	287,1 k €	-1.5%	291,4 k €	+18.7%	245,4 k €	+10.9%	221,4 k €	+8.3%	204,4 k €	+20.8%	169,2 k €	+17.2%	144,3 k €	+22.6%	117,7 k €	+256%	33 k €	-18.6%	40,6 k €	-35.7%	63,1 k €	+117%	29,1 k €	-12.3%	33,1 k €	+213%	10,6 k €	-33.3%	15,9 k €	+22.1%	13 k €
Debts	57,3 k €	-0.7%	57,7 k €	-3.4%	59,7 k €	+80.1%	33,1 k €	+157%	12,9 k €	-48.2%	24,9 k €	-15.3%	29,4 k €	-19.9%	36,7 k €	-35.6%	56,9 k €	+22.6%	46,4 k €	+15.8%	40,1 k €	-4.3%	41,9 k €	+37.3%	30,5 k €	+10.1%	27,7 k €	+7.6%	25,7 k €	+63.2%	15,8 k €	+61.4%	9,8 k €	-3.2%	10,1 k €	+31.8%	7,7 k €	+47.7%	5,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		2,0 ETP	+11.1%	1,8 ETP	+80.0%	1,0 ETP	-50.0%	2,0 ETP	0.0%	2,0 ETP	+900%	0,2 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Fabrice SELVA

Director

Active

Ended mandates

Fabrice SELVA

Manager · since 22 septembre 2003

Ended

Fabrice SELVA

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro 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	20/07/2026	16/07/2025	18/07/2024	24/07/2023	04/06/2022	28/06/2021
General meeting	27/06/2026	28/06/2025	30/06/2024	24/07/2023	04/06/2022	25/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	27/06/2026	20/07/2026	French	PDF
Micro model	31/12/2024	28/06/2025	16/07/2025	French	PDF
Micro model	31/12/2023	30/06/2024	18/07/2024	French	PDF
Micro model	31/12/2022	24/07/2023	24/07/2023	French	PDF
Micro model	31/12/2021	04/06/2022	04/06/2022	French	PDF
Micro model	31/12/2020	25/06/2021	28/06/2021	French	PDF
Micro model	31/12/2019	31/07/2020	01/08/2020	French	PDF
Micro model	31/12/2018	30/06/2019	14/07/2019	French	PDF
Micro model	31/12/2017	23/06/2018	25/06/2018	French	PDF
Micro model	31/12/2016	24/06/2017	23/07/2017	French	PDF
Abridged model	31/12/2015	26/06/2016	28/07/2016	French	PDF
Abridged model	31/12/2014	28/06/2015	29/07/2015	French	PDF
Abridged model	31/12/2013	29/06/2014	15/07/2014	French	PDF
Abridged model	31/12/2012	29/06/2013	03/07/2013	French	PDF
Abridged model	31/12/2011	16/06/2012	17/07/2012	French	PDF
Abridged model	31/12/2010	27/06/2011	27/06/2011	French	PDF
Abridged model	31/12/2009	22/06/2010	24/06/2010	French	PDF
Abridged model	31/12/2008	26/05/2009	26/05/2009	French	PDF
Abridged model	31/12/2007	29/05/2008	29/05/2008	French	PDF
Abridged model	31/12/2006	19/05/2007	29/05/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 1 active · 2 ended

Active mandates

Fabrice SELVA

Director

Active

Ended mandates

Fabrice SELVA

Manager · since 22 septembre 2003

Ended

Fabrice SELVA

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/10/2023
OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Capital / shares28/01/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other27/07/2004
DIVERS
PDF
Other22/10/2003
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

2025
Annual accounts 202590,2 k €↓
2025
Name changeAUDEXCO.BE (an abrégé: AUDEXCO)
2024
Annual accounts 2024105,4 k €↑
2023
Annual accounts 202313,5 k €↓
2023
Name changeAUDEXCO.BE (en abrégé AUDEXCO)
2022
Annual accounts 202223 k €↓
2021
Annual accounts 202153,6 k €↓
2021
Name changeAUDIT EXPERTISES CONSEILS - SELVA & ASSOCIES (en abrégé AUDEXCO)
2020
Annual accounts 202062,5 k €↑
2019
Annual accounts 201957,6 k €↑
2018
Annual accounts 201834 k €↓
2017
Annual accounts 201734,4 k €↓
2016
Annual accounts 201639,7 k €↑
2015
Annual accounts 201522,5 k €↓
2014
Annual accounts 201427,2 k €↓
2013
Annual accounts 201335,6 k €↑
2012
Annual accounts 201222,7 k €↑
2011
Annual accounts 201116,8 k €↑
2010
Annual accounts 20104,3 k €↓
2009
Annual accounts 20096,8 k €↓
2008
Annual accounts 200811,2 k €↑
2007
Annual accounts 20073,8 k €↓
2006
Annual accounts 20067,3 k €
2006
Name changeAUDIT EXPERTISES CONSEILS - SELVA & associes
14/10/2003
IncorporationPrivate 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

AUDEXCO.BE

Overview

What does AUDEXCO.BE do?

Trend over 20 financial years

Indicative valuation

Board of directors

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