ACTIVE

ANDERLECHT ASSOCIATES

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Financial year 2025 · closed on 31/12/2025

Net result

10,7 k €

-59.3% YoY

Gross margin

40 k €

-30.6% YoY

Equity

166,2 k €

+6.8% YoY

What does ANDERLECHT ASSOCIATES do?

ANDERLECHT ASSOCIATES is a Private limited company incorporated in 2007. Its registered office is in Anderlecht.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0889.376.667

Incorporation

11/05/2007

Legal form

Private limited company

Registered office

Place de la Vaillance 34
1070 Anderlecht · BruxellesSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	40 k €	-30.6%	57,6 k €	+11.9%	51,5 k €	-0.1%	51,6 k €	+1.3%	50,9 k €	+7.3%	47,5 k €	-16.8%	57 k €	+11.1%	51,3 k €	+4.3%	49,2 k €	+8.5%	45,4 k €	-3.4%	47 k €	+30.9%	35,9 k €	-31.1%	52,2 k €	-0.2%	52,3 k €	-3.4%	54,1 k €	+4.8%	51,6 k €	-4.0%	53,8 k €	-0.2%	53,9 k €	+15193%	-357 €
EBITDA	32,7 k €	-36.1%	51,2 k €	+14.6%	44,7 k €	-3.1%	46,1 k €	+1.3%	45,5 k €	+7.2%	42,4 k €	-18.6%	52 k €	+12.1%	46,4 k €	+4.5%	44,4 k €	+9.2%	40,7 k €	-4.6%	42,6 k €	+35.1%	31,6 k €	-34.2%	48 k €	-0.5%	48,2 k €	-2.4%	49,4 k €	+4.7%	47,2 k €	-5.5%	49,9 k €	+1.1%	49,4 k €	+4703%	-1,1 k €
Operating result	15,5 k €	-58.2%	37,1 k €	+17.7%	31,5 k €	-4.3%	32,9 k €	+1.9%	32,3 k €	+10.5%	29,3 k €	-22.6%	37,8 k €	+18.1%	32 k €	+6.7%	30 k €	+16.3%	25,8 k €	-7.1%	27,8 k €	+58.8%	17,5 k €	-48.5%	33,9 k €	-0.1%	34 k €	-4.2%	35,4 k €	+6.7%	33,2 k €	-8.9%	36,5 k €	+1.8%	35,8 k €	+141%	-87,4 k €
Net result	10,7 k €	-59.3%	26,2 k €	+28.0%	20,4 k €	-5.1%	21,5 k €	+4.9%	20,5 k €	+9.1%	18,8 k €	-12.4%	21,5 k €	+22.4%	17,5 k €	+0.9%	17,4 k €	+59.3%	10,9 k €	-11.7%	12,3 k €	+390%	-4,3 k €	-138%	11,1 k €	+10.5%	10 k €	-5.1%	10,6 k €	+44.6%	7,3 k €	-25.0%	9,7 k €	+20.0%	8,1 k €	+109%	-90,3 k €
Balance sheet
Equity	166,2 k €	+6.8%	155,6 k €	+20.2%	129,4 k €	+18.8%	109 k €	+24.6%	87,4 k €	+30.7%	66,9 k €	+39.1%	48,1 k €	+80.6%	26,6 k €	+192%	9,1 k €	+210%	-8,3 k €	+56.9%	-19,2 k €	+39.2%	-31,5 k €	-15.6%	-27,3 k €	+28.9%	-38,3 k €	+20.7%	-48,4 k €	+17.9%	-59 k €	+11.0%	-66,3 k €	+12.8%	-76 k €	+9.6%	-84,1 k €
Total assets	299,4 k €	-1.6%	304,2 k €	+1.4%	300 k €	-3.8%	311,9 k €	-5.2%	328,9 k €	-2.6%	337,6 k €	-3.8%	350,8 k €	-2.4%	359,6 k €	-2.9%	370,2 k €	-2.8%	380,9 k €	-4.0%	396,8 k €	-2.7%	407,8 k €	-5.7%	432,6 k €	-2.6%	443,9 k €	-2.4%	455 k €	-3.9%	473,6 k €	-1.3%	479,8 k €	-1.6%	487,7 k €	-2.6%	501 k €
Cash	3,5 k €	-84.7%	22,5 k €	+72.6%	13,1 k €	+25.3%	10,4 k €	-33.6%	15,7 k €	+244%	4,6 k €	-38.8%	7,5 k €	-3.9%	7,8 k €	+96.9%	3,9 k €	+1579%	235 €	-81.5%	1,3 k €	+125%	564,1 €	-95.0%	11,3 k €	+68.3%	6,7 k €	+71.3%	3,9 k €	-68.3%	12,3 k €	+542%	1,9 k €	-33.5%	2,9 k €	-47.3%	5,5 k €
Debts	123,6 k €	-11.2%	139,2 k €	-17.0%	167,8 k €	-16.2%	200,2 k €	-16.2%	238,9 k €	-10.9%	268,2 k €	-10.7%	300,2 k €	-9.1%	330,4 k €	-8.5%	361,1 k €	-7.2%	389,2 k €	-6.4%	416 k €	-4.5%	435,5 k €	-5.3%	459,9 k €	-4.6%	482,3 k €	-4.2%	503,4 k €	-4.7%	528,3 k €	-3.3%	546 k €	-3.0%	563,2 k €	-3.7%	585 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

Olsen Charles

Mandate

Active

Ended mandates

Charles OLSEN

Director

Ended

CHARLES OLSEN

Manager

Ended

Erik Gustave Antoine Kelterman

Mandate

Ended

ERIK KELTERMANN

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
OLSEN & CO● Active	0874.457.770

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	24/07/2026	17/06/2025	20/06/2024	13/06/2023	29/08/2022	13/07/2021
General meeting	02/06/2026	03/06/2025	04/06/2024	06/06/2023	24/08/2022	06/07/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	02/06/2026	24/07/2026	French	PDF
Micro model	31/12/2024	03/06/2025	17/06/2025	French	PDF
Micro model	31/12/2023	04/06/2024	20/06/2024	French	PDF
Micro model	31/12/2022	06/06/2023	13/06/2023	French	PDF
Micro model	31/12/2021	24/08/2022	29/08/2022	French	PDF
Micro model	31/12/2020	06/07/2021	13/07/2021	French	PDF
Micro model	31/12/2019	02/06/2020	15/06/2020	French	PDF
Micro model	31/12/2018	04/06/2019	06/06/2019	French	PDF
Micro model	31/12/2017	05/06/2018	26/07/2018	French	PDF
Micro model	31/12/2016	06/06/2017	11/08/2017	French	PDF
Abridged model	31/12/2015	07/06/2016	23/06/2016	French	PDF
Abridged model	31/12/2014	02/06/2015	10/07/2015	French	PDF
Abridged model	31/12/2013	03/06/2014	30/06/2014	French	PDF
Abridged model	31/12/2012	04/06/2013	20/06/2013	French	PDF
Abridged model	31/12/2011	05/06/2012	02/07/2012	French	PDF
Abridged model	31/12/2010	07/06/2011	29/08/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	22/07/2010	French	PDF
Abridged model	31/12/2008	02/06/2009	08/10/2009	French	PDF
Abridged model	31/12/2007	03/06/2008	22/09/2008	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 1 active · 6 ended

Active mandates

Olsen Charles

Mandate

Active

Ended mandates

Charles OLSEN

Director

Ended

CHARLES OLSEN

Manager

Ended

Erik Gustave Antoine Kelterman

Mandate

Ended

ERIK KELTERMANN

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/12/2023
MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates03/10/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates10/05/2010
DEMISSIONS, NOMINATIONS
PDF
Other23/05/2007
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 202510,7 k €↓
2024
Annual accounts 202426,2 k €↑
2023
Annual accounts 202320,4 k €↓
2022
Annual accounts 202221,5 k €↑
2021
Annual accounts 202120,5 k €↑
2020
Annual accounts 202018,8 k €↓
2019
Annual accounts 201921,5 k €↑
2018
Annual accounts 201817,5 k €↑
2017
Annual accounts 201717,4 k €↑
2016
Annual accounts 201610,9 k €↓
2015
Annual accounts 201512,3 k €↑
2014
Annual accounts 2014-4,3 k €↓
2013
Annual accounts 201311,1 k €↑
2012
Annual accounts 201210 k €↓
2011
Annual accounts 201110,6 k €↑
2010
Annual accounts 20107,3 k €↓
2009
Annual accounts 20099,7 k €↑
2008
Annual accounts 20088,1 k €↑
2007
Annual accounts 2007-90,3 k €
11/05/2007
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

ANDERLECHT ASSOCIATES

Overview

What does ANDERLECHT ASSOCIATES do?

Trend over 19 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