ACTIVE

CAMALEX

Financial year 2025 · Closed on 31/12/2025

Net result481,1 k €-29,6 %over 1 year

Gross margin-8,9 k €+27,3 %over 1 year

Equity15,6 M €+0,5 %over 1 year

Identity

Source · BCE/KBO

CAMALEX is a Public limited company incorporated in 2007. Its main activity is: Management consultancy activities. Its registered office is in Malmedy.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0894.507.373
Incorporation: 27/12/2007
Legal form: Public limited company
Registered office: Xhoffraix-R.Renier de Brialmont 14
4960 Malmedy · WallonieSee on map
Contributed capital: 10 587 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 18 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-8,9 k €	+27.3%	-12,3 k €	-28.2%	-9,6 k €	-25.7%	-7,6 k €	+35.7%	-11,9 k €
EBITDA	-11 k €	+22.3%	-14,1 k €	-14.0%	-12,4 k €	-27.0%	-9,7 k €	+30.1%	-13,9 k €
Operating result	-11 k €	+22.3%	-14,1 k €	-14.0%	-12,4 k €	-27.0%	-9,7 k €	+30.1%	-13,9 k €
Net result	481,1 k €	-29.6%	683,4 k €	+57.3%	434,6 k €	-4.8%	456,7 k €	+0.2%	455,8 k €
Balance sheet
Equity	15,6 M €	+0.5%	15,5 M €	+1.9%	15,2 M €	+2.9%	14,8 M €	+3.2%	14,3 M €
Total assets	17,4 M €	-0.6%	17,5 M €	+0.9%	17,4 M €	+0.7%	17,3 M €	+0.2%	17,2 M €
Cash	99,8 k €	-15.3%	117,9 k €	-65.7%	343,4 k €	+247%	98,9 k €	+26.0%	78,5 k €
Debts	1,8 M €	-8.8%	2 M €	-5.9%	2,1 M €	-12.8%	2,5 M €	-14.6%	2,9 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alexandre JORTAY	Director10/12/2020 → 09/12/2026
Caroline JORTAY	Director10/12/2020 → 09/12/2026
Isabelle NOEL	Managing director10/12/2020 → 09/12/2026
Maud JORTAY	Director10/12/2020 → 09/12/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SRL MICAM0894.509.947Represented by Isabelle NOEL	Director27/12/2007 → 10/12/2020Mandate2018 accounts

Other companies at this address

Xhoffraix-R.Renier de Brialmont 14 4960 Malmedy

Company	CBE no.
CAMALEX IMMO● Active	0560.867.559

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	21/05/2026	02/05/2025	08/07/2024	30/06/2023	01/07/2022	22/06/2021
General meeting	28/04/2026	23/04/2025	10/06/2024	02/06/2023	03/06/2022	04/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	28/04/2026	21/05/2026	French	PDF
Abridged model	31/12/2024	23/04/2025	02/05/2025	French	PDF
Abridged model	31/12/2023	10/06/2024	08/07/2024	French	PDF
Abridged model	31/12/2022	02/06/2023	30/06/2023	French	PDF
Abridged model	31/12/2021	03/06/2022	01/07/2022	French	PDF
Abridged model	31/12/2020	04/06/2021	22/06/2021	French	PDF
Abridged model	31/12/2019	05/06/2020	02/07/2020	French	PDF
Abridged model	31/12/2018	14/06/2019	22/08/2019	French	PDF
Abridged model	31/12/2017	22/06/2018	09/07/2018	French	PDF
Abridged model	31/12/2016	02/06/2017	16/08/2017	French	PDF
Abridged model	31/12/2015	17/06/2016	18/08/2016	French	PDF
Abridged model	31/12/2014	05/06/2015	20/08/2015	French	PDF
Abridged model	31/12/2013	27/06/2014	22/08/2014	French	PDF
Abridged model	31/12/2012	23/05/2013	04/11/2013	French	PDF
Abridged model	31/12/2011	01/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	03/06/2011	17/08/2011	French	PDF
Abridged model	31/12/2009	04/06/2010	20/08/2010	French	PDF
Abridged model	31/12/2008	05/06/2009	28/08/2009	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2025

4 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alexandre JORTAY	Director10/12/2020 → 09/12/2026
Caroline JORTAY	Director10/12/2020 → 09/12/2026
Isabelle NOEL	Managing director10/12/2020 → 09/12/2026
Maud JORTAY	Director10/12/2020 → 09/12/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SRL MICAM0894.509.947Represented by Isabelle NOEL	Director27/12/2007 → 10/12/2020Mandate2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates26/06/2026
DEMISSIONS, NOMINATIONS
PDF
Other25/09/2023
DIVERS
PDF
Mandates12/01/2021
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Other08/01/2008
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Isabelle NOEL

Caroline JORTAY

Alexandre JORTAY

Maud JORTAY

SRL MICAM

20072008200920102011201220132014201520162017201820192020202120222023202420252026

CAMALEX

Xhoffraix-R.Renier de Brialmont 14, 4960 Malmedy

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Xhoffraix-R.Renier de Brialmont 14, 4960 MalmedyCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00122834

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CAMALEXCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00122834

Events

2025
Annual accounts 2025481,1 k €↓
2024
Annual accounts 2024683,4 k €↑
2023
Annual accounts 2023434,6 k €↓
2022
Annual accounts 2022456,7 k €↑
2021
Annual accounts 2021455,8 k €↑
2020
Annual accounts 2020402,4 k €↓
2019
Annual accounts 2019430,3 k €↓
2018
Annual accounts 2018434,1 k €↓
2017
Annual accounts 2017483,1 k €↑
2016
Annual accounts 2016421,7 k €↑
2015
Annual accounts 2015420 k €↑
2014
Annual accounts 2014397,1 k €↑
2013
Annual accounts 2013391,1 k €↑
2012
Annual accounts 2012356,5 k €↑
2011
Annual accounts 2011341,7 k €↑
2010
Annual accounts 2010273,6 k €↓
2009
Annual accounts 2009316,8 k €↑
2008
Annual accounts 2008315,8 k €
27/12/2007
IncorporationPublic limited company

CAMALEX

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events