ACTIVE

ADVANCO

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Financial year 2025 · Closed on 31/12/2025

Net result-168 k €+66,6 %over 1 year

Gross margin310,2 k €-15,0 %over 1 year

Equity582,1 k €-22,4 %over 1 year

Workforce2,5 ETP-10,7 %over 1 year

Identity

Source · BCE/KBO

ADVANCO is a Public limited company incorporated in 2004. Its main activity is: Computer programming activities. Its registered office is in Bruxelles. It employs on average 2,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0869.896.196
Incorporation: 09/11/2004
Legal form: Public limited company
Registered office: Avenue du Bourget 42
1130 Bruxelles · BruxellesSee on map
Contributed capital: 479 702,85 €
Latest accounts: 31/12/2025
Average workforce: 2,5 ETP

Activities (NACE)

62010Computer programming activities· main 62020Computer consultancy activities 62100Computer programming, consultancy and related activities 62200Computer programming, consultancy and related activities 72100Research and experimental development on natural sciences and engineering 72220Research and experimental development on social sciences and humanities

Joint committees (2)

Signals

Good liquidityHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	310,2 k €	-15.0%	365,1 k €	-63.2%	991,5 k €	+25.1%	792,8 k €	+1303%	56,5 k €
EBITDA	-175,9 k €	+67.6%	-542,2 k €	-272%	314,4 k €	-0.6%	316,4 k €	+179%	-399,1 k €
Operating result	-189,6 k €	+66.0%	-557,5 k €	-288%	296,4 k €	+1.8%	291,2 k €	+169%	-423,6 k €
Net result	-168 k €	+66.6%	-503 k €	-279%	280,5 k €	+8.7%	258 k €	+160%	-427,7 k €
Balance sheet
Equity	582,1 k €	-22.4%	750,1 k €	-40.1%	1,3 M €	+28.8%	972,6 k €	+36.1%	714,6 k €
Total assets	2,8 M €	-5.8%	3 M €	+6.9%	2,8 M €	+9.8%	2,5 M €	+24.1%	2 M €
Cash	3,6 k €	+10.9%	3,2 k €	-85.6%	22,4 k €	+3838%	570 €	-50.4%	1,1 k €
Debts	1,4 M €	+29.3%	1,1 M €	+37.4%	796,1 k €	-0.7%	801,8 k €	+49.6%	535,9 k €
Other
Workforce	2,5 ETP	-10.7%	2,8 ETP		–		4,1 ETP	+7.9%	3,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
John Jordon	Director17/07/2025 → 30/06/2031
Robert Littlewood	Managing director17/07/2025 → 30/06/2031Directorlisted until the 2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alf Goebel	Director24/06/2024 → 2024 accountsManaging director29/05/2019 → 2022 accounts
rami Cassis	Director29/05/2019 → 2022 accounts

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Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	31/07/2026	24/02/2026	03/11/2024	06/10/2023	17/10/2022	31/08/2021
General meeting	29/06/2026	18/02/2026	24/06/2024	26/06/2023	27/06/2022	28/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/06/2026	31/07/2026	French	PDF
Abridged model	31/12/2024	18/02/2026	24/02/2026	French	PDF
Abridged model	31/12/2023	24/06/2024	03/11/2024	French	PDF
Abridged model	31/12/2022	26/06/2023	06/10/2023	French	PDF
Abridged model	31/12/2021	27/06/2022	17/10/2022	French	PDF
Abridged model	31/12/2020	28/06/2021	31/08/2021	French	PDF
Abridged model	31/12/2019	15/08/2020	01/09/2020	French	PDF
Abridged model	31/12/2018	24/06/2019	30/07/2019	French	PDF
Abridged model	31/12/2017	25/06/2018	19/11/2018	French	PDF
Abridged model	31/12/2016	26/06/2017	03/08/2017	French	PDF
Abridged model	31/12/2015	27/06/2016	31/12/2016	French	PDF
Abridged model	31/12/2014	22/06/2015	27/12/2015	French	PDF
Abridged model	31/12/2013	23/06/2014	16/10/2014	French	PDF
Abridged model	31/12/2012	10/05/2013	19/03/2014	French	PDF
Abridged model	31/12/2011	25/06/2012	24/10/2012	French	PDF
Abridged model	31/12/2010	27/06/2011	30/11/2011	French	PDF
Abridged model	31/12/2009	21/06/2010	30/08/2010	French	PDF
Abridged model	31/12/2008	15/06/2009	31/08/2009	French	PDF
Abridged model	31/12/2007	16/06/2008	29/08/2008	French	PDF
Abridged model	31/12/2006	18/06/2007	02/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
John Jordon	Director17/07/2025 → 30/06/2031
Robert Littlewood	Managing director17/07/2025 → 30/06/2031Directorlisted until the 2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alf Goebel	Director24/06/2024 → 2024 accountsManaging director29/05/2019 → 2022 accounts
rami Cassis	Director29/05/2019 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates14/08/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates17/02/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates04/05/2023
DEMISSIONS, NOMINATIONS
PDF
Other17/03/2023
DIVERS
PDF
Registered office02/03/2023
SIEGE SOCIAL
PDF
Other04/02/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates08/07/2019
DEMISSIONS, NOMINATIONS
PDF
Other14/01/2015
ASSEMBLEE GENERALE EXTRAORDINAIRE — AUGMENTATION DE
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

John Jordon

Robert Littlewood

Alf Goebel

Rob Littlewood

rami Cassis

DZETA

Marina BARIGAND

Olgun YENERSOY

RAZOR RISK GMBH

2004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

ADVANCO

Avenue du Bourget 42, 1130 Haren

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue du Bourget 42, 1130 HarenCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00381257
Rue de la fusée 66, 1130 Haren	accounts 2021	Accounts 2021 · 2022-20462349

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ADVANCOCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00381257

Events

2025
Annual accounts 2025-168 k €↑
2024
Annual accounts 2024-503 k €↓
2023
Annual accounts 2023280,5 k €↑
2022
Annual accounts 2022258 k €↑
2021
Annual accounts 2021-427,7 k €↓
2020
Annual accounts 2020-24 k €↑
2019
Annual accounts 2019-345,5 k €↓
2018
Annual accounts 2018728,1 k €↑
2017
Annual accounts 2017487,9 k €↑
2016
Annual accounts 2016472,1 k €↑
2015
Annual accounts 201527,4 k €↑
2014
Annual accounts 2014-101,3 k €↓
2013
Annual accounts 201313,5 k €↑
2012
Annual accounts 2012-442 k €↓
2011
Annual accounts 2011-84,1 k €↑
2010
Annual accounts 2010-377,6 k €↓
2009
Annual accounts 2009144,6 k €↓
2008
Annual accounts 2008238,3 k €↑
2007
Annual accounts 200727 k €↓
2006
Annual accounts 2006166,4 k €
09/11/2004
IncorporationPublic limited company

ADVANCO

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events