ACTIVE

49h

Financial year 2025 · closed on 30/11/2025
Net result
-10,8 k €
+86.2% YoY
Gross margin
130,1 k €
+72.9% YoY
Equity
298,1 k €
-3.5% YoY

What does 49h do?

49h is a Private company with limited liability incorporated in 2007. Its main activity is: Computer consultancy activities. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0891.419.805
Incorporation
14/08/2007
Legal form
Private company with limited liability
Registered office
Rue du Vieux-Mayeur 23
4000 Liège · WallonieSee on map
Contributed capital
6 200,00 €
Latest accounts
30/11/2025
Signals
Solid equityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin130,1 k €75,2 k €86,8 k €202,5 k €156,6 k €157,2 k €165,5 k €119,3 k €103,7 k €105,8 k €74,3 k €136,8 k €198,6 k €49,3 k €158,4 k €24,4 k €75,4 k €36,8 k €
EBITDA84,7 k €32,3 k €80,7 k €201,2 k €152,9 k €149,6 k €122,1 k €45,3 k €44,9 k €80,7 k €73,2 k €135,9 k €197,8 k €48,6 k €157,7 k €23,5 k €74,9 k €34,6 k €
Operating result19,5 k €-51,8 k €-3,6 k €116,2 k €74 k €77,2 k €47,7 k €-33,4 k €-25,3 k €-36,4 k €55,7 k €126,6 k €188 k €35,2 k €144,4 k €7,3 k €57,1 k €13,4 k €
Net result-10,8 k €-77,9 k €-7,5 k €55,6 k €41,4 k €70,4 k €39,9 k €-41,8 k €-32,7 k €-44 k €35,7 k €82,6 k €122,6 k €20,2 k €92,1 k €4,2 k €29,8 k €12 k €
Balance sheet
Equity298,1 k €308,9 k €386,7 k €394,2 k €338,6 k €297,2 k €226,9 k €186,9 k €228,8 k €261,5 k €305,5 k €269,8 k €187,1 k €64,5 k €44,4 k €52,3 k €48 k €18,2 k €
Total assets418,4 k €557,2 k €712 k €831 k €812,3 k €848,6 k €819,8 k €848,8 k €893,1 k €804,6 k €349,9 k €344,1 k €257,7 k €203,2 k €276 k €144,1 k €158,5 k €208 k €
Cash15,9 k €3,8 k €15,5 k €99,7 k €109,8 k €57,9 k €24,9 k €4,9 k €12,4 k €39,5 k €138,3 k €150,1 k €76,9 k €38,5 k €14,6 k €17,5 k €6 k €13,2 k €
Debts120,3 k €248,2 k €325,3 k €412,8 k €449,7 k €523,3 k €579 k €634,6 k €647,8 k €524,5 k €30,8 k €61,2 k €70 k €124,7 k €222,6 k €83,9 k €110,5 k €189,7 k €
Other
Workforce2,0 ETP2,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/11/2025 · 1 active

Active mandates

Frédéric TEDESCO

Mandate

Active
At this address

Other companies at this address

CompanyCBE no.
0820.588.029
BE-ARTActive
1000.652.691
NoName FactoryActive
1029.666.678
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
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 date25/06/202627/06/202502/07/202430/06/202329/06/202230/06/2021
General meeting26/05/202627/05/202528/05/202423/05/202324/05/202225/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/11/202526/05/202625/06/2026FrenchPDF
Micro model30/11/202427/05/202527/06/2025FrenchPDF
Micro model30/11/202328/05/202402/07/2024FrenchPDF
Micro model30/11/202223/05/202330/06/2023FrenchPDF
Micro model30/11/202124/05/202229/06/2022FrenchPDF
Abridged model30/11/202025/05/202130/06/2021FrenchPDF
Abridged model30/11/201926/05/202026/06/2020FrenchPDF
Abridged model30/11/201828/05/201928/06/2019FrenchPDF
Abridged model30/11/201722/05/201811/07/2018FrenchPDF
Abridged model30/11/201630/05/201704/07/2017FrenchPDF
Abridged model30/11/201517/05/201631/05/2016FrenchPDF
Abridged model30/11/201419/05/201512/06/2015FrenchPDF
Abridged model30/11/201320/05/201423/06/2014FrenchPDF
Abridged model30/11/201221/05/201324/06/2013FrenchPDF
Abridged model30/11/201105/12/201123/07/2012FrenchPDF
Abridged model30/11/201024/05/201121/06/2011FrenchPDF
Abridged model30/11/200925/05/201024/06/2010FrenchPDF
Abridged model31/12/200826/05/200905/06/2009FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/11/2025 · 1 active

Active mandates

Frédéric TEDESCO

Mandate

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other23/08/2007
    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

Timeline

  1. 2025
    Annual accounts 2025-10,8 k €
  2. 2024
    Annual accounts 2024-77,9 k €
  3. 2023
    Annual accounts 2023-7,5 k €
  4. 2022
    Annual accounts 202255,6 k €
  5. 2021
    Annual accounts 202141,4 k €
  6. 2020
    Annual accounts 202070,4 k €
  7. 2019
    Annual accounts 201939,9 k €
  8. 2018
    Annual accounts 2018-41,8 k €
  9. 2017
    Annual accounts 2017-32,7 k €
  10. 2016
    Annual accounts 2016-44 k €
  11. 2015
    Annual accounts 201535,7 k €
  12. 2014
    Annual accounts 201482,6 k €
  13. 2013
    Annual accounts 2013122,6 k €
  14. 2012
    Annual accounts 201220,2 k €
  15. 2011
    Annual accounts 201192,1 k €
  16. 2010
    Annual accounts 20104,2 k €
  17. 2009
    Annual accounts 200929,8 k €
  18. 2008
    Annual accounts 200812 k €
  19. 14/08/2007
    IncorporationPrivate company with limited liability