ACTIVE

AFFICHAGE URBAIN

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Financial year 2025 · closed on 31/12/2025

Net result

16,6 k €

+85.0% YoY

Gross margin

72,4 k €

+25.8% YoY

Equity

144,4 k €

+12.9% YoY

What does AFFICHAGE URBAIN do?

AFFICHAGE URBAIN is a Public limited company incorporated in 2004. Its main activity is: Management consultancy activities. Its registered office is in Namur.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0862.461.939

Incorporation

02/01/2004

Legal form

Public limited company

Registered office

Chemin de Coquelet 134
5000 Namur · WallonieSee on map

Contributed capital

500 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74402Other professional, scientific and technical activities 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate+3

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

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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	72,4 k €	+25.8%	57,5 k €	+52.1%	37,8 k €	+22.6%	30,8 k €	-26.7%	42,1 k €	+1850%	2,2 k €	-90.0%	21,5 k €	+6.9%	20,1 k €	+3409%	-608,6 €	-146%	1,3 k €		–		–		–		–		–		–		–		–		–		–
EBITDA	52,5 k €	+4.5%	50,2 k €	+40.7%	35,7 k €	+29.4%	27,6 k €	-33.6%	41,5 k €	+3285%	1,2 k €	-93.7%	19,4 k €	-0.8%	19,5 k €	+1235%	-1,7 k €	-275%	981,8 €	+153%	-1,8 k €	-23.0%	-1,5 k €	-122%	6,8 k €	+114%	-48,9 k €	-197%	-16,5 k €	-1263%	-1,2 k €	-125%	4,8 k €	+117%	-29 k €	-2350%	1,3 k €	+102%	-69,8 k €
Operating result	31,6 k €	+12.0%	28,2 k €	+119%	12,9 k €	-50.1%	25,8 k €	-37.3%	41,1 k €	+3253%	1,2 k €	-93.7%	19,4 k €	+6.3%	18,2 k €	+702%	-3 k €	-833%	-324 €	+89.7%	-3,1 k €	-105%	60,1 k €	+465%	10,6 k €	+110%	-105,5 k €	-95.1%	-54 k €	-22.8%	-44 k €	+12.0%	-50 k €	+26.8%	-68,3 k €	-133%	-29,3 k €	+66.6%	-87,7 k €
Net result	16,6 k €	+85.0%	8,9 k €	+118%	4,1 k €	-83.0%	24,1 k €	-40.9%	40,8 k €	+6813%	589,5 €	-96.9%	18,9 k €	+5.1%	18 k €	+691%	-3 k €	-623%	-420,8 €	+87.0%	-3,2 k €	-105%	59,6 k €	+552%	9,1 k €	+111%	-81,6 k €	-46.1%	-55,8 k €	-27.0%	-44 k €	+14.7%	-51,6 k €	+26.6%	-70,3 k €	-177%	-25,3 k €	+69.0%	-81,8 k €
Balance sheet
Equity	144,4 k €	+12.9%	127,8 k €	+7.5%	118,9 k €	+3.6%	114,8 k €	+26.6%	90,7 k €	+81.6%	49,9 k €	+1.2%	49,4 k €	+62.0%	30,5 k €	+144%	12,5 k €	-19.6%	15,5 k €	-2.6%	15,9 k €	-16.9%	19,2 k €	+147%	-40,4 k €	+18.4%	-49,6 k €	-255%	32 k €	-63.6%	87,8 k €	-33.4%	131,8 k €	-28.1%	183,3 k €	-27.7%	253,6 k €	-9.1%	278,9 k €
Total assets	739,5 k €	-0.5%	743,5 k €	-11.3%	838,3 k €	+421%	160,9 k €	+35.1%	119 k €	+43.8%	82,8 k €	-15.8%	98,3 k €	+52.7%	64,4 k €	+48.8%	43,2 k €	-19.1%	53,4 k €	+50.5%	35,5 k €	-14.0%	41,3 k €	+4284%	942 €	-95.2%	19,7 k €	-83.9%	122,3 k €	-23.1%	159,1 k €	-18.6%	195,4 k €	-21.5%	249 k €	-19.0%	307,2 k €	-6.8%	329,8 k €
Cash	120,8 k €	+3.1%	117,2 k €	+55.8%	75,2 k €	-32.1%	110,7 k €	+93.0%	57,4 k €	+49.1%	38,5 k €	-40.2%	64,4 k €	+263%	17,7 k €	-21.2%	22,5 k €	-3.6%	23,4 k €	+20.9%	19,3 k €	+332%	4,5 k €		–		–		–		–		163,1 €	-99.7%	61 k €	-6.3%	65,1 k €	-62.5%	173,7 k €
Debts	590,7 k €	-3.4%	611,2 k €	-14.5%	715 k €	+1453%	46,1 k €	+62.5%	28,3 k €	-13.7%	32,8 k €	-32.9%	48,9 k €	+44.3%	33,9 k €	+10.2%	30,8 k €	-18.8%	37,9 k €	+93.8%	19,6 k €	-10.4%	21,8 k €	-46.5%	40,8 k €	-41.1%	69,3 k €	-22.4%	89,3 k €	+26.0%	70,8 k €	+12.0%	63,3 k €	-3.1%	65,3 k €	+21.7%	53,6 k €	+5.5%	50,8 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		0,1 ETP	-93.8%	1,6 ETP	+60.0%	1,0 ETP	-33.3%	1,5 ETP	-25.0%	2,0 ETP	0.0%	2,0 ETP	+100%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

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

Active mandates

Charles Hurbain

Managing director · since 21 décembre 2023 · until 21 juin 2029

Active

Ended mandates

Charles Hurbain

Managing director · since 18 juin 2021

Ended

Patrick Hurbain

Chairman of the board of directors · since 18 juin 2021

Ended

ROSSEL & Cie

Director · since 18 juin 2021 · 0403.537.816

Represented by Bernard Marchant

Ended

Charles Hurbain

Managing director · since 15 juin 2018 · until 21 juin 2024

Ended

At this address

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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	29/08/2026	29/08/2025	30/08/2024	31/08/2023	29/08/2022	31/08/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
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	19/06/2026	29/08/2026	French	PDF
Micro model	31/12/2024	20/06/2025	29/08/2025	French	PDF
Micro model	31/12/2023	21/06/2024	30/08/2024	French	PDF
Micro model	31/12/2022	16/06/2023	31/08/2023	French	PDF
Micro model	31/12/2021	17/06/2022	29/08/2022	French	PDF
Micro model	31/12/2020	18/06/2021	31/08/2021	French	PDF
Micro model	31/12/2019	28/08/2020	30/10/2020	French	PDF
Micro model	31/12/2018	21/06/2019	31/08/2019	French	PDF
Abridged model	31/12/2017	15/06/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	16/06/2017	31/08/2017	French	PDF
Full model	31/12/2015	24/06/2016	30/08/2016	French	PDF
Full model	31/12/2014	19/06/2015	31/08/2015	French	PDF
Full model	31/12/2013	20/06/2014	25/07/2014	French	PDF
Full model	31/12/2012	21/06/2013	30/08/2013	French	PDF
Full model	31/12/2011	15/06/2012	20/08/2012	French	PDF
Full model	31/12/2010	17/06/2011	30/06/2011	French	PDF
Full model	31/12/2009	18/06/2010	13/07/2010	French	PDF
Full model	31/12/2008	19/06/2009	06/08/2009	French	PDF
Full model	31/12/2007	20/06/2008	29/08/2008	French	PDF
Full model	31/12/2006	15/06/2007	30/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 31 ended

Active mandates

Charles Hurbain

Managing director · since 21 décembre 2023 · until 21 juin 2029

Active

Ended mandates

Charles Hurbain

Managing director · since 18 juin 2021

Ended

Patrick Hurbain

Chairman of the board of directors · since 18 juin 2021

Ended

ROSSEL & Cie

Director · since 18 juin 2021 · 0403.537.816

Represented by Bernard Marchant

Ended

Charles Hurbain

Managing director · since 15 juin 2018 · until 21 juin 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/03/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates08/08/2023
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Registered office04/12/2017
SIEGE SOCIAL
PDF
Mandates12/05/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates12/05/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates12/02/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates08/01/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates06/05/2013
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

2025
Annual accounts 202516,6 k €↑
2024
Annual accounts 20248,9 k €↑
2023
Annual accounts 20234,1 k €↓
2022
Annual accounts 202224,1 k €↓
2021
Annual accounts 202140,8 k €↑
2020
Annual accounts 2020589,5 €↓
2019
Annual accounts 201918,9 k €↑
2018
Annual accounts 201818 k €↑
2017
Annual accounts 2017-3 k €↓
2016
Annual accounts 2016-420,8 €↑
2015
Annual accounts 2015-3,2 k €↓
2014
Annual accounts 201459,6 k €↑
2013
Annual accounts 20139,1 k €↑
2012
Annual accounts 2012-81,6 k €↓
2011
Annual accounts 2011-55,8 k €↓
2010
Annual accounts 2010-44 k €↑
2009
Annual accounts 2009-51,6 k €↑
2008
Annual accounts 2008-70,3 k €↓
2007
Annual accounts 2007-25,3 k €↑
2006
Annual accounts 2006-81,8 k €
02/01/2004
IncorporationPublic 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

AFFICHAGE URBAIN

Overview

What does AFFICHAGE URBAIN do?

Trend over 20 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