ACTIVE

B.T.S. INVEST

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

712,3 k €

+106.0% YoY

Gross margin

283,7 k €

+1.2% YoY

Equity

1,2 M €

+28.5% YoY

Workforce

0,0 ETP

What does B.T.S. INVEST do?

B.T.S. INVEST is a Private limited company incorporated in 2004. Its main activity is: Management consultancy activities. Its registered office is in Lokeren.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0870.120.583

Incorporation

23/11/2004

Legal form

Private limited company

Registered office

Antwerpse Steenweg 56
9160 Lokeren · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 64200Activities of holding companies 64210Activities of holding companies

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ 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	283,7 k €	+1.2%	280,4 k €	+50.1%	186,8 k €	+59.5%	117,1 k €	+4.8%	111,7 k €	+142%	46,1 k €	-44.0%	82,2 k €	+12.5%	73,1 k €	-3.1%	75,4 k €	+7.5%	70,1 k €	-9.7%	77,6 k €	-49.9%	155 k €	-44.1%	277,2 k €	+374%	58,4 k €	+7.4%	54,4 k €	-7.2%	58,6 k €	-6.8%	62,9 k €	+129%	27,4 k €
EBITDA	279,4 k €	+0.2%	278,7 k €	+54.1%	180,8 k €	+61.2%	112,2 k €	+3.9%	108 k €	+151%	43 k €	-45.6%	79,1 k €	+14.1%	69,3 k €	+2.6%	67,6 k €	+0.4%	67,3 k €	-10.5%	75,2 k €	-50.5%	151,9 k €	-44.7%	274,6 k €	+384%	56,8 k €	+7.4%	52,8 k €	-2.9%	54,4 k €	-11.9%	61,8 k €	+136%	26,2 k €
Operating result	278,6 k €	+0.2%	277,9 k €	+54.4%	180,1 k €	+61.1%	111,8 k €	+40.8%	79,3 k €	+447%	14,5 k €	-71.4%	50,7 k €	+24.0%	40,9 k €	+102%	20,2 k €	-58.1%	48,2 k €	-14.3%	56,2 k €	-57.9%	133,5 k €	-50.3%	268,4 k €	+431%	50,6 k €	+20.5%	42 k €	-4.1%	43,8 k €	-14.5%	51,2 k €	+144%	21 k €
Net result	712,3 k €	+106%	345,8 k €	+209%	111,9 k €	-28.6%	156,6 k €	-17.0%	188,6 k €	+82.7%	103,3 k €	-34.7%	158,1 k €	+263%	43,5 k €	+169%	16,2 k €	-98.2%	906,8 k €	+2160%	40,1 k €	-65.5%	116,2 k €	-41.8%	199,7 k €	+476%	34,6 k €	+24.3%	27,9 k €	-4.4%	29,2 k €	-32.5%	43,2 k €	+157%	16,8 k €
Balance sheet
Equity	1,2 M €	+28.5%	926,7 k €	+25.4%	739,1 k €	+5.4%	701,2 k €	-4.9%	737 k €	-41.0%	1,2 M €	-10.2%	1,4 M €	+3.6%	1,3 M €	-24.7%	1,8 M €	+0.9%	1,8 M €	+105%	859,7 k €	+4.9%	819,6 k €	+32.2%	620,2 k €	+449%	112,9 k €	+44.3%	78,3 k €	+55.3%	50,4 k €	+137%	21,2 k €	+197%	-22 k €
Total assets	2,1 M €	+19.2%	1,8 M €	+19.7%	1,5 M €	+1.9%	1,5 M €	-3.1%	1,5 M €	+1.0%	1,5 M €	-12.3%	1,7 M €	+21.2%	1,4 M €	-20.8%	1,8 M €	-5.9%	1,9 M €	+108%	916,9 k €	-0.5%	921,8 k €	+13.9%	809,4 k €	+384%	167,3 k €	+43.0%	117 k €	+69.4%	69,1 k €	+14.8%	60,2 k €	+36.3%	44,1 k €
Cash	448,1 k €	-31.5%	654,2 k €	+57.5%	415,4 k €	+35.3%	307 k €	-18.1%	374,9 k €	-6.4%	400,8 k €	-7.8%	434,6 k €	-34.8%	666,5 k €	-13.8%	773,3 k €	-23.6%	1 M €	+457%	181,8 k €	+4.0%	174,9 k €	+59.7%	109,5 k €	-20.0%	136,8 k €	+68.4%	81,2 k €	+788%	9,1 k €	-19.6%	11,4 k €	+1.7%	11,2 k €
Debts	936,3 k €	+10.0%	851 k €	+13.5%	749,9 k €	-1.5%	761,6 k €	-3.1%	785,7 k €	+203%	259,6 k €	-20.9%	328 k €	+338%	74,9 k €	+804%	8,3 k €	-94.0%	137,7 k €	+141%	57,2 k €	-44.0%	102,2 k €	-45.3%	186,9 k €	+253%	52,9 k €	+39.0%	38,1 k €	+117%	17,6 k €	-51.5%	36,3 k €	-45.1%	66,1 k €
Other
Workforce	0,0 ETP		0,0 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 · 2 active · 2 ended

Active mandates

Saffet Özbugday

Director

Active

Taner Özbugday

Director

Active

Ended mandates

Saffet Özbugday

Manager

Ended

Taner Özbugday

Manager

Ended

Annual accounts

Full financial information

	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	30/06/2026	29/08/2025	30/08/2024	25/07/2023	31/08/2022	01/07/2021
General meeting	16/04/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/04/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	25/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	01/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	04/09/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	05/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	27/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	26/07/2016	Dutch	PDF
Abridged model	31/12/2014	26/05/2015	07/07/2015	Dutch	PDF
Abridged model	31/12/2013	31/03/2014	02/04/2014	Dutch	PDF
Abridged model	31/03/2012	30/09/2012	26/10/2012	Dutch	PDF
Abridged model	31/03/2011	30/09/2011	17/11/2011	Dutch	PDF
Abridged model	31/03/2010	30/09/2010	29/11/2010	Dutch	PDF
Abridged model	31/03/2009	30/09/2009	30/10/2009	Dutch	PDF
Abridged model	31/03/2008	30/09/2008	30/10/2008	Dutch	PDF
Abridged model	31/03/2007	06/09/2007	29/10/2007	Dutch	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 · 2 active · 2 ended

Active mandates

Saffet Özbugday

Director

Active

Taner Özbugday

Director

Active

Ended mandates

Saffet Özbugday

Manager

Ended

Taner Özbugday

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares16/01/2019
KAPITAAL - AANDELEN
PDF
Capital / shares25/03/2014
KAPITAAL - AANDELEN
PDF
Capital / shares21/01/2013
KAPITAAL - AANDELEN
PDF
Capital / shares04/12/2007
BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
PDF
Mandates04/08/2005
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/04/2005
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/03/2005
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

2025
Annual accounts 2025712,3 k €↑
2024
Annual accounts 2024345,8 k €↑
2023
Annual accounts 2023111,9 k €↓
2022
Annual accounts 2022156,6 k €↓
2021
Annual accounts 2021188,6 k €↑
2020
Annual accounts 2020103,3 k €↓
2019
Annual accounts 2019158,1 k €↑
2018
Annual accounts 201843,5 k €↑
2017
Annual accounts 201716,2 k €↓
2016
Annual accounts 2016906,8 k €↑
2015
Annual accounts 201540,1 k €↓
2014
Annual accounts 2014116,2 k €↓
2013
Annual accounts 2013199,7 k €↑
2012
Annual accounts 201234,6 k €↑
2011
Annual accounts 201127,9 k €↓
2010
Annual accounts 201029,2 k €↓
2009
Annual accounts 200943,2 k €↑
2008
Annual accounts 200816,8 k €
23/11/2004
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

B.T.S. INVEST

Overview

What does B.T.S. INVEST do?

Trend over 18 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