ACTIVE

DL CONSULTING

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Financial year 2025 · closed on 31/12/2025

Net result

194,9 k €

+117.8% YoY

Gross margin

2 M €

+44.2% YoY

Equity

792,7 k €

+32.6% YoY

Workforce

21,6 ETP

+26.3% YoY

What does DL CONSULTING do?

DL CONSULTING is a Private limited company incorporated in 2004. Its registered office is in Waterloo. It employs on average 21,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0870.649.135

Incorporation

17/12/2004

Legal form

Private limited company

Registered office

Drève Richelle 167 box 10
1410 Waterloo · WallonieSee on map

Contributed capital

18 550,00 €

Latest accounts

31/12/2025

Average workforce

21,6 ETP

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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	2 M €	+44.2%	1,4 M €	+32.4%	1,1 M €	+1.1%	1,1 M €	+17.4%	898,5 k €	-6.5%	960,5 k €	+36.1%	705,7 k €	+10.6%	637,9 k €	-6.4%	681,4 k €	+6.2%	641,4 k €	-28.9%	901,9 k €	+45.7%	619,1 k €	+17.6%	526,5 k €	+48.8%	353,9 k €	+11.2%	318,3 k €	+304%	78,8 k €	-38.6%	128,4 k €	-43.6%	227,8 k €	+192%	77,9 k €	-61.3%	201,3 k €
EBITDA	432 k €	+76.2%	245,1 k €	+45.7%	168,3 k €	-27.9%	233,3 k €	-22.6%	301,3 k €	-21.0%	381,6 k €	+126%	168,8 k €	+246%	48,7 k €	-75.6%	199,5 k €	+19.8%	166,6 k €	-54.1%	362,9 k €	+265%	99,5 k €	-38.2%	160,9 k €	+27.9%	125,8 k €	-40.4%	211,2 k €	+1199%	16,3 k €	-69.1%	52,7 k €	-71.4%	184,4 k €	+188%	63,9 k €	-63.5%	175,2 k €
Operating result	314,9 k €	+106%	152,5 k €	+96.8%	77,5 k €	-50.4%	156,4 k €	-38.1%	252,6 k €	-27.6%	348,9 k €	+167%	130,5 k €	+37385%	348 €	-99.7%	123,9 k €	+58.7%	78,1 k €	-71.8%	276,4 k €	+976%	25,7 k €	-75.1%	103,2 k €	+37.8%	74,9 k €	-50.1%	149,9 k €	+846%	-20,1 k €	-404%	6,6 k €	-95.9%	160,5 k €	+373%	33,9 k €	-77.2%	148,5 k €
Net result	194,9 k €	+118%	89,5 k €	+123%	40,2 k €	-60.8%	102,7 k €	-39.8%	170,7 k €	-30.2%	244,6 k €	+236%	72,8 k €	+434%	-21,8 k €	-139%	55,7 k €	+128%	24,4 k €	-84.3%	155,6 k €	+1806%	-9,1 k €	-122%	40,7 k €	+107%	19,7 k €	-77.7%	88,3 k €	+445%	-25,6 k €	-137%	-10,8 k €	-107%	146,2 k €	+362%	31,6 k €	-65.2%	90,8 k €
Balance sheet
Equity	792,7 k €	+32.6%	597,8 k €	+17.6%	508,3 k €	+8.6%	468,1 k €	+28.1%	365,4 k €	+16.1%	314,8 k €	+85.0%	170,1 k €	-4.1%	177,3 k €	-11.0%	199,1 k €	+38.9%	143,4 k €	-30.4%	206 k €	+0.3%	205,4 k €	-4.2%	214,6 k €	+23.4%	173,9 k €	+0.1%	173,7 k €	+2.5%	169,4 k €	-13.1%	195 k €	-5.3%	205,8 k €	+14.6%	179,6 k €	+21.4%	148 k €
Total assets	2,5 M €	+3.7%	2,4 M €	+28.7%	1,9 M €	-4.8%	2 M €	+63.2%	1,2 M €	+5.9%	1,1 M €	+1.9%	1,1 M €	-2.7%	1,2 M €	-9.0%	1,3 M €	+11.2%	1,1 M €	-34.6%	1,7 M €	-11.9%	2 M €	+44.2%	1,4 M €	+15.1%	1,2 M €	+1.1%	1,2 M €	+126%	520,5 k €	+25.4%	415 k €	-6.6%	444,2 k €	+38.9%	319,8 k €	+41.5%	226,1 k €
Cash	255,1 k €	-64.5%	718,5 k €	+18.2%	607,9 k €	+65.3%	367,9 k €	-41.7%	630,8 k €	+59.9%	394,4 k €	+5.5%	373,7 k €	+306%	92 k €	-67.2%	280,6 k €	+60.4%	174,9 k €	+1.9%	171,7 k €	-28.7%	240,7 k €	+104%	118,1 k €	-29.1%	166,6 k €	+61.2%	103,3 k €	+38.7%	74,5 k €	+2.9%	72,4 k €	-11.6%	81,9 k €	+118%	37,6 k €	-15.8%	44,7 k €
Debts	1,7 M €	-5.8%	1,8 M €	+34.8%	1,4 M €	-10.4%	1,5 M €	+78.4%	846,1 k €	+2.0%	829,3 k €	-12.9%	952,4 k €	-2.5%	976,7 k €	-8.6%	1,1 M €	+7.2%	996,6 k €	-35.2%	1,5 M €	-13.2%	1,8 M €	+53.5%	1,2 M €	+15.6%	997,5 k €	-0.7%	1 M €	+186%	351,1 k €	+60.6%	218,6 k €	-6.4%	233,5 k €	+77.8%	131,3 k €	+68.3%	78,1 k €
Other
Workforce	21,6 ETP	+26.3%	17,1 ETP	+30.5%	13,1 ETP	+10.1%	11,9 ETP	+38.4%	8,6 ETP	-3.4%	8,9 ETP	0.0%	8,9 ETP	+7.2%	8,3 ETP	+20.3%	6,9 ETP	+4.5%	6,6 ETP	-14.3%	7,7 ETP	+5.5%	7,3 ETP	+28.1%	5,7 ETP	+39.0%	4,1 ETP	+116%	1,9 ETP	+90.0%	1,0 ETP	-37.5%	1,6 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 · 3 active · 13 ended

Active mandates

EVOLUTIO CONSULT

Director · since 10 mai 2023 · 0786.222.315

Represented by ALEXANDRE SANDRON

Active

Gest-D-Team

Director · since 10 mai 2023 · 0807.492.534

Represented by LIONEL DALLENNE

Active

Think Innovate & Build

Director · since 10 mai 2023 · 0807.487.881

Represented by THIBAUT LHEUREUX

Active

Ended mandates

Think Innovate & Build

Director · since 10 mai 2023 · 0807.487.881

Represented by THIBAUT LHEUREUX

Ended

Gest-D-Team

Manager · since 01 janvier 2009 · 0807.492.534

Represented by LIONEL DALLENNE

Ended

Gest-D-Team

Manager · since 01 janvier 2009 · 0807.492.534

Represented by LIONEL DALLENNE

Ended

Think Innovate & Build

Manager · since 01 janvier 2009 · 0807.487.881

Represented by THIBAUT LHEUREUX

Ended

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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	09/06/2026	15/07/2025	30/08/2024	28/07/2023	01/07/2022	29/07/2021
General meeting	02/06/2026	03/06/2025	04/06/2024	06/06/2023	07/06/2022	01/06/2021
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
Abridged model	31/12/2025	02/06/2026	09/06/2026	French	PDF
Abridged model	31/12/2024	03/06/2025	15/07/2025	French	PDF
Abridged model	31/12/2023	04/06/2024	30/08/2024	French	PDF
Abridged model	31/12/2022	06/06/2023	28/07/2023	French	PDF
Abridged model	31/12/2021	07/06/2022	01/07/2022	French	PDF
Abridged model	31/12/2020	01/06/2021	29/07/2021	French	PDF
Abridged model	31/12/2019	02/06/2020	31/07/2020	French	PDF
Abridged model	31/12/2018	04/06/2019	05/07/2019	French	PDF
Abridged model	31/12/2017	05/06/2018	30/07/2018	French	PDF
Abridged model	31/12/2016	06/06/2017	20/07/2017	French	PDF
Abridged model	31/12/2015	24/08/2016	26/08/2016	French	PDF
Abridged model	31/12/2014	02/06/2015	26/08/2015	French	PDF
Abridged model	31/12/2013	03/06/2014	30/07/2014	French	PDF
Abridged model	31/12/2012	04/06/2013	31/07/2013	French	PDF
Abridged model	31/12/2011	05/06/2012	29/09/2012	French	PDF
Abridged model	31/12/2010	07/06/2011	01/08/2011	French	PDF
Abridged model	31/12/2009	01/06/2010	13/09/2010	French	PDF
Abridged model	31/12/2008	02/06/2009	03/06/2009	French	PDF
Abridged model	31/12/2007	29/09/2008	02/10/2008	French	PDF
Abridged model	31/12/2006	03/07/2007	24/07/2007	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 · 3 active · 13 ended

Active mandates

EVOLUTIO CONSULT

Director · since 10 mai 2023 · 0786.222.315

Represented by ALEXANDRE SANDRON

Active

Gest-D-Team

Director · since 10 mai 2023 · 0807.492.534

Represented by LIONEL DALLENNE

Active

Think Innovate & Build

Director · since 10 mai 2023 · 0807.487.881

Represented by THIBAUT LHEUREUX

Active

Ended mandates

Think Innovate & Build

Director · since 10 mai 2023 · 0807.487.881

Represented by THIBAUT LHEUREUX

Ended

Gest-D-Team

Manager · since 01 janvier 2009 · 0807.492.534

Represented by LIONEL DALLENNE

Ended

Gest-D-Team

Manager · since 01 janvier 2009 · 0807.492.534

Represented by LIONEL DALLENNE

Ended

Think Innovate & Build

Manager · since 01 janvier 2009 · 0807.487.881

Represented by THIBAUT LHEUREUX

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/05/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office09/10/2020
SIEGE SOCIAL - CAPITAL, ACTIONS - MODIFICATION FORME JURIDIQUE
PDF
Registered office05/10/2016
SIEGE SOCIAL
PDF
Registered office20/06/2012
SIEGE SOCIAL
PDF
Mandates30/06/2009
DEMISSIONS, NOMINATIONS
PDF
Registered office09/06/2008
SIEGE SOCIAL
PDF
Other29/12/2004
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 2025194,9 k €↑
2024
Annual accounts 202489,5 k €↑
2023
Annual accounts 202340,2 k €↓
2022
Annual accounts 2022102,7 k €↓
2021
Annual accounts 2021170,7 k €↓
2020
Annual accounts 2020244,6 k €↑
2019
Annual accounts 201972,8 k €↑
2018
Annual accounts 2018-21,8 k €↓
2017
Annual accounts 201755,7 k €↑
2016
Annual accounts 201624,4 k €↓
2015
Annual accounts 2015155,6 k €↑
2014
Annual accounts 2014-9,1 k €↓
2013
Annual accounts 201340,7 k €↑
2012
Annual accounts 201219,7 k €↓
2011
Annual accounts 201188,3 k €↑
2010
Annual accounts 2010-25,6 k €↓
2009
Annual accounts 2009-10,8 k €↓
2008
Annual accounts 2008146,2 k €↑
2007
Annual accounts 200731,6 k €↓
2006
Annual accounts 200690,8 k €
17/12/2004
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

DL CONSULTING

Overview

What does DL CONSULTING 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