ACTIVE

ACSE

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Financial year 2025 · closed on 31/12/2025

Net result

135,9 k €

-40.4% YoY

Gross margin

253,5 k €

-39.5% YoY

Equity

1,1 M €

-2.6% YoY

What does ACSE do?

ACSE is a Private limited company incorporated in 2007. Its main activity is: Management consultancy activities. Its registered office is in Oosterzele.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0889.621.246

Incorporation

24/05/2007

Legal form

Private limited company

Registered office

Heistraat 43
9860 Oosterzele · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74879Other professional, scientific and technical activities 82300Organisation of conventions and trade shows 82300Organisation of conventions and trade shows 82990Other business support service activities n.e.c.+1

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	253,5 k €	-39.5%	419,2 k €	+24.9%	335,7 k €	-0.8%	338,5 k €	+36.7%	247,7 k €	+21.5%	203,8 k €	+10.0%	185,4 k €	-22.4%	238,8 k €	+65.0%	144,8 k €	-10.9%	162,4 k €	+16.5%	139,4 k €	+26.9%	109,9 k €	-48.7%	214,1 k €	+2.7%	208,5 k €	+30.5%	159,8 k €	+1.5%	157,5 k €	+59.0%	99 k €
EBITDA	247,9 k €	-40.0%	413 k €	+25.5%	329,2 k €	-1.5%	334,2 k €	+36.3%	245,3 k €	+22.5%	200,2 k €	+9.9%	182,2 k €	-21.0%	230,7 k €	+62.4%	142 k €	-8.7%	155,6 k €	+13.7%	136,9 k €	+28.6%	106,5 k €	-49.6%	211,2 k €	+3.4%	204,2 k €	+29.7%	157,4 k €	+0.4%	156,8 k €	+60.0%	98 k €
Operating result	173,8 k €	-47.9%	333,7 k €	+29.8%	257,1 k €	-4.6%	269,6 k €	+40.4%	192 k €	+21.3%	158,2 k €	+19.4%	132,6 k €	-7.2%	142,8 k €	+46.9%	97,3 k €	-13.1%	111,9 k €	+12.0%	99,9 k €	+40.3%	71,2 k €	-54.2%	155,5 k €	-5.6%	164,7 k €	+24.9%	131,9 k €	+63.6%	80,6 k €	-16.4%	96,4 k €
Net result	135,9 k €	-40.4%	228,1 k €	+29.7%	175,9 k €	-3.2%	181,8 k €	+35.7%	134 k €	+28.4%	104,4 k €	+24.6%	83,8 k €	-23.0%	108,8 k €	+120%	49,4 k €	-3.1%	51 k €	-16.4%	61 k €	+51.4%	40,3 k €	-51.8%	83,5 k €	-2.1%	85,3 k €	+31.8%	64,7 k €	+64.4%	39,4 k €	-31.8%	57,8 k €
Balance sheet
Equity	1,1 M €	-2.6%	1,1 M €	+15.1%	958,6 k €	+7.6%	890,7 k €	+25.7%	708,8 k €	+53.1%	463 k €	+14.4%	404,6 k €	+25.5%	322,4 k €	-23.3%	420,6 k €	+13.3%	371,2 k €	+15.9%	320,2 k €	+13.5%	282,2 k €	+16.7%	241,9 k €	+52.8%	158,3 k €	+117%	73 k €	+777%	8,3 k €	-87.0%	64 k €
Total assets	1,2 M €	-2.2%	1,2 M €	+13.0%	1,1 M €	-2.0%	1,1 M €	+21.8%	903,2 k €	+33.6%	676 k €	+5.9%	638,5 k €	-16.6%	765,4 k €	+6.5%	718,6 k €	-6.0%	764,5 k €	+5.8%	722,4 k €	-8.6%	790,4 k €	-6.4%	844 k €	+5.8%	797,7 k €	+18.4%	673,6 k €	-11.6%	761,9 k €	+535%	120 k €
Cash	361,3 k €	-5.7%	383,2 k €	+6.1%	361,2 k €	-16.1%	430,7 k €	+53.3%	281 k €	+49.1%	188,4 k €	+26.8%	148,6 k €	+208%	48,2 k €	-45.8%	89 k €	-48.0%	171,3 k €	+53.5%	111,5 k €	-12.1%	127 k €	-8.3%	138,5 k €	+15.3%	120,1 k €	+92.8%	62,3 k €	-20.7%	78,6 k €	+41.4%	55,6 k €
Debts	116,5 k €	+4.1%	111,9 k €	-6.2%	119,3 k €	-42.9%	209,1 k €	+13.7%	183,9 k €	-12.9%	211 k €	-8.6%	231 k €	-47.7%	442 k €	+53.2%	288,6 k €	-26.1%	390,4 k €	-2.9%	402,2 k €	-20.9%	508,2 k €	-15.4%	600,9 k €	-5.9%	638,4 k €	+6.3%	600,5 k €	-20.0%	751 k €	+1300%	53,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Alexander Dewulf

Director · since 24 août 2023

Active

Sigrid Broddelez

Director · since 24 août 2023

Active

Ended mandates

Alexander De Wulf

Manager

Ended

Alexander Dewulf

Director

Ended

Alexander Dewulf

Manager

Ended

Sigrid Broddelez

Director

Ended

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	07/07/2026	24/06/2025	05/07/2024	24/03/2023	11/07/2022	09/07/2021
General meeting	26/06/2026	12/06/2025	28/06/2024	17/03/2023	30/06/2022	24/05/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	26/06/2026	07/07/2026	Dutch	PDF
Micro model	31/12/2024	12/06/2025	24/06/2025	Dutch	PDF
Micro model	31/12/2023	28/06/2024	05/07/2024	Dutch	PDF
Micro model	31/12/2022	17/03/2023	24/03/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	11/07/2022	Dutch	PDF
Micro model	31/12/2020	24/05/2021	09/07/2021	Dutch	PDF
Micro model	31/12/2019	26/06/2020	03/07/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	17/07/2019	Dutch	PDF
Micro model	31/12/2017	29/06/2018	31/08/2018	Dutch	PDF
Abridged model	30/06/2016	05/12/2016	30/12/2016	Dutch	PDF
Abridged model	30/06/2015	07/12/2015	24/12/2015	Dutch	PDF
Abridged model	30/06/2014	21/12/2014	28/01/2015	Dutch	PDF
Abridged model	30/06/2013	21/12/2013	09/01/2014	Dutch	PDF
Abridged model	30/06/2012	12/02/2013	15/02/2013	Dutch	PDF
Abridged model	30/06/2011	05/12/2011	04/01/2012	Dutch	PDF
Abridged model	30/06/2010	06/12/2010	20/12/2010	Dutch	PDF
Abridged model	30/06/2009	07/12/2009	21/12/2009	Dutch	PDF
Abridged model	30/06/2008	01/12/2008	05/01/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 2 active · 5 ended

Active mandates

Alexander Dewulf

Director · since 24 août 2023

Active

Sigrid Broddelez

Director · since 24 août 2023

Active

Ended mandates

Alexander De Wulf

Manager

Ended

Alexander Dewulf

Director

Ended

Alexander Dewulf

Manager

Ended

Sigrid Broddelez

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/08/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares09/01/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other20/06/2017
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares31/01/2014
KAPITAAL - AANDELEN
PDF
Registered office14/01/2009
MAATSCHAPPELIJKE ZETEL
PDF
Registered office07/04/2008
MAATSCHAPPELIJKE ZETEL
PDF
Other05/06/2007
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025135,9 k €↓
2024
Annual accounts 2024228,1 k €↑
2023
Annual accounts 2023175,9 k €↓
2022
Annual accounts 2022181,8 k €↑
2021
Annual accounts 2021134 k €↑
2019
Annual accounts 2019104,4 k €↑
2018
Annual accounts 201883,8 k €↓
2017
Annual accounts 2017108,8 k €↑
2016
Annual accounts 201649,4 k €↓
2015
Annual accounts 201551 k €↓
2014
Annual accounts 201461 k €↑
2013
Annual accounts 201340,3 k €↓
2012
Annual accounts 201283,5 k €↓
2011
Annual accounts 201185,3 k €↑
2010
Annual accounts 201064,7 k €↑
2009
Annual accounts 200939,4 k €↓
2008
Annual accounts 200857,8 k €
24/05/2007
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

ACSE

Overview

What does ACSE do?

Trend over 17 financial years

Indicative valuation

Board of directors

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