ACTIVE

BUSCHBERG ASSOCIATES

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Financial year 2025 · closed on 31/12/2025
Net result
3,7 M €
+3.2% YoY
Gross margin
-139,2 k €
+15.1% YoY
Equity
657,3 k €
-3.3% YoY

What does BUSCHBERG ASSOCIATES do?

BUSCHBERG ASSOCIATES is a Public limited company incorporated in 2006. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0880.926.680
Incorporation
25/04/2006
Legal form
Public limited company
Registered office
Esplanade 1
1020 Bruxelles · BruxellesSee on map
Contributed capital
90 275,06 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflow
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232009200820072006
Income statement
Gross margin-139,2 k €-164 k €-163,4 k €-79,6 k €-78,9 k €-194,7 k €-203,6 k €
EBITDA-140,3 k €-164,9 k €-164,5 k €-80,9 k €-79,8 k €-195,1 k €-204 k €
Operating result-140,3 k €-164,9 k €-164,5 k €-80,9 k €-79,8 k €-195,1 k €-204 k €
Net result3,7 M €3,6 M €3,4 M €661,8 k €1,9 M €2,1 M €8,7 M €
Balance sheet
Equity657,3 k €679,5 k €554,5 k €1,6 M €2 M €2,1 M €1,7 M €
Total assets4,4 M €4,2 M €4 M €2,5 M €2,8 M €2,7 M €7,8 M €
Cash64,1 k €85,8 k €39,6 k €2,5 M €28,8 k €21,7 k €5,6 k €
Debts3,8 M €3,5 M €3,4 M €943,2 k €732,6 k €590,5 k €6 M €
Other
Workforce–0,0 ETP0,0 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 12 ended

Active mandates

Barbara MARQUARDT

Director · since 24 mars 2023 · until 05 mars 2027

Active
Caroline VON ASTEN

Director · since 24 mars 2023 · until 05 mars 2027

Active
Johann VON ASTEN

Director · since 24 mars 2023 · until 05 mars 2027

Active
Maximilien KÜCHENBERG

Director · since 24 mars 2023 · until 05 mars 2027

Active
Oliver PETERS

Chairman of the board of directors · since 24 mars 2023 · until 05 mars 2027

Active
Sophie RADERMECKER

Director · since 24 mars 2023 · until 05 mars 2027

Active

Ended mandates

TSS Belgium

Managing director · since 01 octobre 2023 · until 31 décembre 2024 · 0479.309.662

Represented by Didier WESTEN

Ended
TSS Belgium

Managing director · since 01 octobre 2023 · until 05 mars 2027 · 0479.309.662

Represented by Didier WESTEN

Ended
CSC Global Solutions (BELGIUM)

Managing director · since 24 mars 2023 · until 30 septembre 2023 · 0435.177.929

Represented by Irène FLORESCU

Ended
Benjamin DOSQUET

Director · since 22 mars 2019 · until 24 mars 2023

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/03/202601/04/202519/04/202405/04/202325/05/202218/08/2021
General meeting21/03/202629/03/202522/03/202424/03/202325/03/202226/03/2021
Currency of the financial yearUSDUSDUSDUSDUSDUSD
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202521/03/202625/03/2026FrenchPDF
Abridged model31/12/202429/03/202501/04/2025FrenchPDF
Abridged model31/12/202322/03/202419/04/2024FrenchPDF
Abridged model31/12/202224/03/202305/04/2023FrenchPDF
Full model31/12/202125/03/202225/05/2022FrenchPDF
Full model31/12/202026/03/202118/08/2021FrenchPDF
Full model31/12/201927/03/202025/08/2020FrenchPDF
Full model31/12/201822/03/201920/05/2019FrenchPDF
Full model31/12/201723/03/201817/07/2018FrenchPDF
Full model31/12/201624/03/201712/07/2017FrenchPDF
Abridged model31/12/201518/03/201614/04/2016FrenchPDF
Abridged model31/12/201420/03/201526/03/2015FrenchPDF
Abridged model31/12/201328/03/201431/03/2014FrenchPDF
Abridged model31/12/201222/03/201306/05/2013FrenchPDF
Abridged model31/12/201123/03/201228/03/2012FrenchPDF
Abridged model31/12/201018/03/201108/04/2011FrenchPDF
Abridged model31/12/200919/03/201014/04/2010FrenchPDF
Abridged model31/12/200820/03/200905/06/2009FrenchPDF
Abridged modelCorrection31/12/200714/03/200803/11/2008FrenchPDF
Abridged model31/12/200714/03/200802/07/2008FrenchPDF
Abridged model31/12/200609/03/200731/07/2007FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 12 ended

Active mandates

Barbara MARQUARDT

Director · since 24 mars 2023 · until 05 mars 2027

Active
Caroline VON ASTEN

Director · since 24 mars 2023 · until 05 mars 2027

Active
Johann VON ASTEN

Director · since 24 mars 2023 · until 05 mars 2027

Active
Maximilien KÜCHENBERG

Director · since 24 mars 2023 · until 05 mars 2027

Active
Oliver PETERS

Chairman of the board of directors · since 24 mars 2023 · until 05 mars 2027

Active
Sophie RADERMECKER

Director · since 24 mars 2023 · until 05 mars 2027

Active

Ended mandates

TSS Belgium

Managing director · since 01 octobre 2023 · until 31 décembre 2024 · 0479.309.662

Represented by Didier WESTEN

Ended
TSS Belgium

Managing director · since 01 octobre 2023 · until 05 mars 2027 · 0479.309.662

Represented by Didier WESTEN

Ended
CSC Global Solutions (BELGIUM)

Managing director · since 24 mars 2023 · until 30 septembre 2023 · 0435.177.929

Represented by Irène FLORESCU

Ended
Benjamin DOSQUET

Director · since 22 mars 2019 · until 24 mars 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other27/03/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates04/12/2023
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/09/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other30/03/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates21/04/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office10/06/2020
    SIEGE SOCIAL
    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

Timeline

  1. 2025
    Annual accounts 20253,7 M €↑
  2. 2024
    Annual accounts 20243,6 M €↑
  3. 2023
    Annual accounts 20233,4 M €↑
  4. 2009
    Annual accounts 2009661,8 k €↓
  5. 2008
    Annual accounts 20081,9 M €↓
  6. 2007
    Annual accounts 20072,1 M €↓
  7. 2006
    Annual accounts 20068,7 M €
  8. 25/04/2006
    IncorporationPublic limited company