ACTIVE

CISKA SERVAIS

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Financial year 2025 · closed on 31/12/2025

Net result

424,5 k €

-6.7% YoY

Gross margin

641,8 k €

+5.2% YoY

Equity

2,4 M €

+12.5% YoY

What does CISKA SERVAIS do?

CISKA SERVAIS is a Private limited company incorporated in 2004. Its main activity is: Management consultancy activities. Its registered office is in Edegem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0867.862.463

Incorporation

15/10/2004

Legal form

Private limited company

Registered office

Boerenlegerstraat 204
2650 Edegem · FlandreSee on map

Contributed capital

165 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	641,8 k €	+5.2%	609,8 k €	+13.7%	536,5 k €	+5.2%	510,2 k €	+35.4%	376,8 k €	-6.1%	401,2 k €	+43.6%	279,3 k €	+22.7%	227,6 k €	+11.6%	204 k €	-14.7%	239 k €	+18.1%	202,5 k €	+1.0%	200,5 k €	-8.2%	218,3 k €	-15.8%	259,4 k €	-3.8%	269,6 k €	+67.4%	161,1 k €	-30.7%	232,3 k €	+25.1%	185,6 k €
EBITDA	639 k €	+5.1%	608,1 k €	+15.9%	524,6 k €	+3.9%	505 k €	+44.2%	350,3 k €	-12.0%	397,9 k €	+43.9%	276,5 k €	+21.8%	227 k €	+19.0%	190,7 k €	-13.9%	221,6 k €	+19.6%	185,3 k €	+1.4%	182,8 k €	-9.6%	202,3 k €	-16.8%	243,3 k €	-4.2%	254 k €	+73.5%	146,4 k €	-32.6%	217,2 k €	+29.5%	167,7 k €
Operating result	595,1 k €	+1.7%	585,3 k €	+13.9%	514 k €	+5.0%	489,7 k €	+46.8%	333,5 k €	-6.3%	355,9 k €	+52.6%	233,2 k €	+37.4%	169,8 k €	+27.0%	133,7 k €	-13.1%	153,8 k €	+32.0%	116,5 k €	+0.4%	116,1 k €	-20.6%	146,3 k €	-19.1%	180,9 k €	-9.8%	200,7 k €	+111%	95,2 k €	-42.9%	166,8 k €	+31.5%	126,8 k €
Net result	424,5 k €	-6.7%	455,1 k €	+32.8%	342,7 k €	+13.3%	302,4 k €	+38.2%	218,8 k €	-3.3%	226,2 k €	+47.3%	153,6 k €	+49.0%	103,1 k €	+46.0%	70,6 k €	-24.5%	93,5 k €	+87.8%	49,8 k €	-19.0%	61,5 k €	-30.4%	88,3 k €	-23.4%	115,2 k €	+9.4%	105,3 k €	+198%	35,4 k €	-58.9%	86,1 k €	+42.4%	60,5 k €
Balance sheet
Equity	2,4 M €	+12.5%	2,2 M €	+19.4%	1,8 M €	+17.7%	1,5 M €	+15.7%	1,3 M €	+3.1%	1,3 M €	+14.7%	1,1 M €	+15.8%	970,6 k €	+11.9%	867,5 k €	+8.9%	796,9 k €	+13.3%	703,4 k €	+7.6%	653,7 k €	+10.4%	592,2 k €	+17.5%	503,9 k €	+8.7%	463,7 k €	+29.4%	358,3 k €	+11.0%	323 k €	+5.2%	306,9 k €
Total assets	2,9 M €	+9.5%	2,6 M €	+21.9%	2,1 M €	+11.9%	1,9 M €	+14.8%	1,7 M €	+3.3%	1,6 M €	+12.1%	1,4 M €	+11.2%	1,3 M €	+5.7%	1,2 M €	+4.0%	1,2 M €	+4.7%	1,1 M €	-0.2%	1,1 M €	+2.5%	1,1 M €	+8.6%	1 M €	+11.5%	911 k €	+18.4%	769,6 k €	+1.5%	758,5 k €	+11.9%	678,1 k €
Cash	462 k €	-38.7%	753,8 k €	+25.4%	601,3 k €	-50.5%	1,2 M €	+30.2%	934 k €	-3.9%	971,6 k €	+11.4%	872,1 k €	+15.3%	756,6 k €	+28.8%	587,3 k €	+0.7%	583,3 k €	+25.5%	464,9 k €	-29.8%	662,3 k €	-7.8%	718,5 k €	+17.6%	610,8 k €	+65.6%	368,9 k €	+9.9%	335,7 k €	+30.4%	257,5 k €	+10.3%	233,5 k €
Debts	269,1 k €	-7.3%	290,4 k €	+67.4%	173,5 k €	-20.2%	217,3 k €	+24.6%	174,5 k €	+4.6%	166,8 k €	+6.1%	157,2 k €	-5.2%	165,7 k €	-16.5%	198,4 k €	-10.7%	222,3 k €	-15.6%	263,3 k €	-16.6%	315,6 k €	-9.8%	349,8 k €	-0.4%	351 k €	+22.6%	286,4 k €	+8.2%	264,6 k €	-12.5%	302,4 k €	+21.9%	248,2 k €
Other
Workforce	–		0,0 ETP		0,0 ETP		–		–		–		–		–		0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

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

Active mandates

Ciska Servais

Director · since 30 septembre 2004

Active

Ended mandates

Ciska Servais

Director

Ended

Ciska SERVAIS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
GERON Management & Consulting● Active	0782.543.441

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged 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	24/07/2026	22/08/2025	19/06/2024	28/06/2023	17/08/2022	16/09/2021
General meeting	16/07/2026	15/08/2025	05/06/2024	26/06/2023	30/06/2022	23/08/2021
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
Abridged model	31/12/2025	16/07/2026	24/07/2026	Dutch	PDF
Abridged model	31/12/2024	15/08/2025	22/08/2025	Dutch	PDF
Abridged model	31/12/2023	05/06/2024	19/06/2024	Dutch	PDF
Abridged model	31/12/2022	26/06/2023	28/06/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	17/08/2022	Dutch	PDF
Micro model	31/12/2020	23/08/2021	16/09/2021	Dutch	PDF
Micro model	31/12/2019	31/07/2020	28/09/2020	Dutch	PDF
Abridged model	31/12/2018	26/04/2019	27/05/2019	Dutch	PDF
Abridged model	31/12/2017	20/04/2018	15/05/2018	Dutch	PDF
Abridged model	31/12/2016	07/04/2017	26/04/2017	Dutch	PDF
Abridged model	31/12/2015	01/04/2016	27/06/2016	Dutch	PDF
Abridged model	31/12/2014	03/04/2015	16/06/2015	Dutch	PDF
Abridged model	31/12/2013	04/04/2014	03/06/2014	Dutch	PDF
Abridged model	31/12/2012	05/04/2013	06/05/2013	Dutch	PDF
Abridged model	31/12/2011	06/04/2012	16/05/2012	Dutch	PDF
Abridged model	31/12/2010	01/04/2011	29/04/2011	Dutch	PDF
Abridged model	31/12/2009	02/04/2010	30/04/2010	Dutch	PDF
Abridged model	31/12/2008	17/04/2009	15/05/2009	Dutch	PDF
Abridged model	31/12/2007	18/04/2008	12/06/2008	Dutch	PDF
Abridged model	31/12/2006	06/04/2007	07/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

Ciska Servais

Director · since 30 septembre 2004

Active

Ended mandates

Ciska Servais

Director

Ended

Ciska SERVAIS

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/12/2009
KAPITAAL - AANDELEN
PDF
Other12/01/2005
DIVERSEN
PDF
Other25/10/2004
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025424,5 k €↓
2024
Annual accounts 2024455,1 k €↑
2023
Annual accounts 2023342,7 k €↑
2022
Annual accounts 2022302,4 k €↑
2021
Annual accounts 2021218,8 k €↓
2020
Annual accounts 2020226,2 k €↑
2019
Annual accounts 2019153,6 k €↑
2018
Annual accounts 2018103,1 k €↑
2017
Annual accounts 201770,6 k €↓
2016
Annual accounts 201693,5 k €↑
2015
Annual accounts 201549,8 k €↓
2014
Annual accounts 201461,5 k €↓
2013
Annual accounts 201388,3 k €↓
2012
Annual accounts 2012115,2 k €↑
2011
Annual accounts 2011105,3 k €↑
2010
Annual accounts 201035,4 k €↓
2009
Annual accounts 200986,1 k €↑
2008
Annual accounts 200860,5 k €
15/10/2004
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

CISKA SERVAIS

Overview

What does CISKA SERVAIS do?

Trend over 18 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