ACTIVE

STHREE SERVICES

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Financial year 2025 · closed on 30/11/2025
Net result
281,7 k €
+103.4% YoY
Revenue
7,8 M €
+3.6% YoY
Equity
4,9 M €
+6.0% YoY
Workforce
48,8 ETP
-4.7% YoY

What does STHREE SERVICES do?

STHREE SERVICES is a Public limited company incorporated in 2007. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles. It employs on average 48,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0889.572.251
Incorporation
22/05/2007
Legal form
Public limited company
Registered office
Rue de l'Hôpital 31
1000 Bruxelles · BruxellesSee on map
Contributed capital
4 031 739,89 €
Latest accounts
30/11/2025
Average workforce
48,8 ETP
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities74142Specialised design activities74855Other professional, scientific and technical activities82100Office administrative and support activities82110Combined office administrative service activities
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120182017201620152014201320122011201020092008
Income statement
Revenue7,8 M €7,5 M €8,5 M €9 M €8,2 M €10,3 M €7,3 M €5,7 M €3,7 M €2,9 M €4 M €2,4 M €1,8 M €1,3 M €1,6 M €–
EBITDA384,2 k €187,6 k €186,5 k €83,2 k €-39,5 k €293,9 k €99,5 k €555,7 k €319,8 k €-887 k €293,8 k €-73 k €126,6 k €75,8 k €365,6 k €-100,6 k €
Operating result418 k €203,1 k €167,7 k €28,6 k €-51,8 k €273,4 k €99,5 k €569,8 k €317,3 k €-888,3 k €284 k €-105,9 k €123,3 k €75,8 k €365,6 k €-100,6 k €
Net result281,7 k €138,5 k €381,8 k €187,6 k €-77,9 k €105,5 k €19,7 k €458,4 k €291,3 k €-907,3 k €195,7 k €-139 k €43,8 k €33,3 k €274,8 k €-161,3 k €
Balance sheet
Equity4,9 M €4,7 M €4,5 M €4,1 M €4 M €228,3 k €122,8 k €103,1 k €-355,3 k €-646,6 k €260,7 k €65,1 k €204,1 k €160,2 k €127 k €-147,9 k €
Total assets7,1 M €8,2 M €8,5 M €21,7 M €21,1 M €5,6 M €3,2 M €3,3 M €1 M €604,1 k €2,4 M €1,1 M €2,7 M €2,3 M €1,7 M €128,3 k €
Cash––0 €313,5 k €312,4 k €–11,1 k €4,1 k €––3,8 k €––––66,9 k €
Debts2,2 M €3,6 M €4 M €17,5 M €17 M €5,3 M €2,4 M €2,7 M €1,1 M €1,2 M €2,1 M €950,1 k €2,4 M €2,1 M €1,6 M €276,2 k €
Other
Workforce48,8 ETP51,2 ETP54,5 ETP55,6 ETP43,7 ETP60,8 ETP57,0 ETP36,1 ETP27,4 ETP31,5 ETP28,1 ETP24,9 ETP25,3 ETP17,6 ETP8,5 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 30/11/2025 · 4 active · 15 ended

Active mandates

Olivier Buysschaert

Managing director · since 04 décembre 2025 · until 03 décembre 2031

Active
Aytan Oztekin

Managing director · since 04 février 2025 · until 03 février 2031

Active
Cavendish Directors Limited

Managing director · since 31 mai 2024 · until 04 février 2025

Represented by David MacKay

Active
Catherine DE CALUWE

Managing director · since 30 avril 2022 · until 04 décembre 2025

Active

Ended mandates

Aytan Oztekin

Director · since 04 février 2025 · until 03 février 2031

Ended
Catherine DE CALUWE

Managing director · since 30 avril 2022 · until 29 avril 2028

Ended
Cavendish Directors Limited

Director · since 30 mai 2018 · until 29 mai 2024

Represented by Steve Hornbuckle

Ended
Cavendish Directors Limited

Managing director · since 30 mai 2018 · until 29 mai 2024

Represented by Steve Hornbuckle

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
Start of the financial year01/12/202401/12/202301/12/202201/12/202101/12/202001/12/2019
Closing of the financial year30/11/202530/11/202430/11/202330/11/202230/11/202130/11/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/05/202606/06/202531/05/202407/06/202327/06/202209/06/2021
General meeting27/05/202628/05/202529/05/202431/05/202331/05/202222/04/2021
Currency of the financial yearEUREUREUREUREURGBP
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

24 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/11/202527/05/202628/05/2026DutchPDF
Full model30/11/202428/05/202506/06/2025DutchPDF
Full model30/11/202329/05/202431/05/2024DutchPDF
Full model30/11/202231/05/202307/06/2023DutchPDF
Consolidated accounts30/11/202219/04/202319/07/2023DutchPDF
Full model30/11/202131/05/202227/06/2022DutchPDF
Consolidated accounts30/11/202120/04/202222/06/2022DutchPDF
Full model30/11/202026/05/202101/06/2021DutchPDF
Consolidated accounts30/11/202022/04/202109/06/2021DutchPDF
Full model30/11/201929/05/202010/06/2020DutchPDF
Consolidated accounts30/11/201920/04/202019/06/2020DutchPDF
Full model30/11/201829/05/201919/06/2019DutchPDF
Consolidated accounts30/11/201824/04/201905/07/2019DutchPDF
Full model30/11/201730/05/201804/06/2018DutchPDF
Full model30/11/201631/05/201727/07/2017DutchPDF
Full model30/11/201525/05/201601/06/2016DutchPDF
Full model30/11/201427/05/201508/06/2015DutchPDF
Full model30/11/201328/05/201412/06/2014DutchPDF
Full model30/11/201229/05/201327/06/2013DutchPDF
Full model30/11/201130/05/201221/06/2012DutchPDF
Full model30/11/201012/05/201124/05/2011DutchPDF
Full model30/11/200930/06/201012/08/2010DutchPDF
Full model30/11/200827/11/200910/12/2009DutchPDF
Full model30/11/200719/08/200814/10/2008DutchPDF
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 30/11/2025 · 4 active · 15 ended

Active mandates

Olivier Buysschaert

Managing director · since 04 décembre 2025 · until 03 décembre 2031

Active
Aytan Oztekin

Managing director · since 04 février 2025 · until 03 février 2031

Active
Cavendish Directors Limited

Managing director · since 31 mai 2024 · until 04 février 2025

Represented by David MacKay

Active
Catherine DE CALUWE

Managing director · since 30 avril 2022 · until 04 décembre 2025

Active

Ended mandates

Aytan Oztekin

Director · since 04 février 2025 · until 03 février 2031

Ended
Catherine DE CALUWE

Managing director · since 30 avril 2022 · until 29 avril 2028

Ended
Cavendish Directors Limited

Director · since 30 mai 2018 · until 29 mai 2024

Represented by Steve Hornbuckle

Ended
Cavendish Directors Limited

Managing director · since 30 mai 2018 · until 29 mai 2024

Represented by Steve Hornbuckle

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates31/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office01/07/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates09/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares14/07/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates11/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/07/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025281,7 k €↑
  2. 2024
    Annual accounts 2024138,5 k €↓
  3. 2023
    Annual accounts 2023381,8 k €↑
  4. 2022
    Annual accounts 2022187,6 k €↑
  5. 2021
    Annual accounts 2021-77,9 k €↓
  6. 2018
    Annual accounts 2018105,5 k €↑
  7. 2017
    Annual accounts 201719,7 k €↓
  8. 2016
    Annual accounts 2016458,4 k €↑
  9. 2015
    Annual accounts 2015291,3 k €↑
  10. 2014
    Annual accounts 2014-907,3 k €↓
  11. 2013
    Annual accounts 2013195,7 k €↑
  12. 2012
    Annual accounts 2012-139 k €↓
  13. 2011
    Annual accounts 201143,8 k €↑
  14. 2010
    Annual accounts 201033,3 k €↓
  15. 2009
    Annual accounts 2009274,8 k €↑
  16. 2008
    Annual accounts 2008-161,3 k €
  17. 22/05/2007
    IncorporationPublic limited company