ACTIVE

PENMAN CONSULTING

Financial year 2024 · Closed on 31/12/2024

Net result
103,8 k €
-11,7 %over 1 year
Gross margin
1,5 M €
+17,7 %over 1 year
Equity
1,1 M €
+10,3 %over 1 year
Workforce
10,4 ETP
-5,5 %over 1 year

Identity

Source · BCE/KBO

PENMAN CONSULTING is a Private limited company incorporated in 2007. Its main activity is: Management consultancy activities. Its registered office is in Ixelles. It employs on average 10,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0888.848.117
Incorporation
05/04/2007
Legal form
Private limited company
Registered office
Rue du Trône 108
1050 Ixelles · BruxellesSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2024
Average workforce
10,4 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 16 financial years

20242023202220212018
Income statement
Gross margin1,5 M €1,3 M €1 M €796,7 k €880,3 k €
EBITDA270,6 k €192,5 k €69,2 k €44,7 k €128,3 k €
Operating result269,2 k €191,1 k €60,1 k €28,3 k €117,5 k €
Net result103,8 k €117,6 k €40,4 k €11,6 k €105,4 k €
Balance sheet
Equity1,1 M €1 M €888,7 k €848,2 k €556,5 k €
Total assets3,5 M €3 M €3,2 M €3,2 M €1,6 M €
Cash1,2 M €933,4 k €831,6 k €611,7 k €257 k €
Debts2,2 M €1,7 M €2,2 M €1,8 M €1,1 M €
Other
Workforce10,4 ETP11,0 ETP9,3 ETP8,9 ETP7,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 6 ended

Active mandates

Michael Penman

Director · since 05 avril 2007

Active

Ended mandates

Michael Penman

Manager · since 01 février 2010

Ended
Suzanne SHAW

Manager · since 20 novembre 2007

Ended
Michael Penman

Manager · since 05 avril 2007

Ended
Michael PENMAN

Manager

Ended

Other companies at this address

Rue du Trône 108 1050 Ixelles

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/08/202530/08/202404/10/202317/10/202230/11/202122/10/2020
General meeting30/05/202528/08/202426/05/202327/05/202228/05/202129/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged modelCorrection31/12/202430/05/202529/08/2025FrenchPDF
Abridged model31/12/202430/05/202524/06/2025FrenchPDF
Abridged model31/12/202328/08/202430/08/2024FrenchPDF
Abridged model31/12/202226/05/202304/10/2023FrenchPDF
Abridged model31/12/202127/05/202217/10/2022FrenchPDF
Abridged model31/12/202028/05/202130/11/2021FrenchPDF
Abridged model31/12/201929/05/202022/10/2020FrenchPDF
Abridged model31/12/201831/05/201930/07/2019FrenchPDF
Abridged model31/12/201725/05/201825/06/2018FrenchPDF
Abridged model31/12/201626/05/201711/07/2017FrenchPDF
Abridged model31/12/201527/05/201611/07/2016FrenchPDF
Abridged model31/12/201429/05/201528/08/2015DutchPDF
Abridged model31/12/201326/08/201429/08/2014FrenchPDF
Abridged model31/12/201231/05/201327/08/2013FrenchPDF
Abridged model31/12/201115/10/201210/01/2013FrenchPDF
Abridged model31/12/201015/07/201126/07/2011FrenchPDF
Abridged model31/12/200928/05/201030/09/2010FrenchPDF
Abridged model31/03/200925/09/200911/01/2010FrenchPDF
Abridged model31/03/200826/09/200805/11/2008DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 6 ended

Active mandates

Michael Penman

Director · since 05 avril 2007

Active

Ended mandates

Michael Penman

Manager · since 01 février 2010

Ended
Suzanne SHAW

Manager · since 20 novembre 2007

Ended
Michael Penman

Manager · since 05 avril 2007

Ended
Michael PENMAN

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office02/03/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/02/2025
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/05/2017
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office11/08/2015
    SIEGE SOCIAL
    PDF
  • Mandates21/05/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office16/06/2009
    Bevestiging verplaatsing maatschappelijke zetel — Wijziging boekjaar en
    PDF
  • Registered office04/09/2008
    VERPLAATSING VAN DE MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates08/04/2008
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024103,8 k €
  2. 2023
    Annual accounts 2023117,6 k €
  3. 2022
    Annual accounts 202240,4 k €
  4. 2021
    Annual accounts 202111,6 k €
  5. 2018
    Annual accounts 2018105,4 k €
  6. 2017
    Annual accounts 2017165,1 k €
  7. 2016
    Annual accounts 2016188,1 k €
  8. 2015
    Annual accounts 2015259,6 k €
  9. 2014
    Annual accounts 2014-103,7 k €
  10. 2013
    Annual accounts 2013205,2 k €
  11. 2012
    Annual accounts 2012351,1 k €
  12. 2011
    Annual accounts 2011-169,7 k €
  13. 2010
    Annual accounts 2010330,7 k €
  14. 2009
    Annual accounts 2009405,2 k €
  15. 2009
    Annual accounts 200994,7 k €
  16. 2008
    Annual accounts 2008-3,5 k €
  17. 05/04/2007
    IncorporationPrivate limited company