ACTIVE

XELA

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

34,7 k €

-48.6% YoY

Gross margin

78,3 k €

-22.4% YoY

Equity

366,6 k €

-11.5% YoY

What does XELA do?

XELA is a Private limited company incorporated in 2008. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0897.302.953

Incorporation

16/04/2008

Legal form

Private limited company

Registered office

Boulevard Bischoffsheim 39 box 4
1000 Bruxelles · BruxellesSee on map

Contributed capital

38 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

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

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	78,3 k €	-22.4%	101 k €	+77.3%	57 k €	-7.7%	61,7 k €	+12.3%	55 k €	-15.1%	64,8 k €	+89.8%	34,1 k €	+50.9%	22,6 k €	+17.1%	19,3 k €	-5.5%	20,4 k €	+4.1%	19,6 k €	-4.2%	20,5 k €	-10.7%	23 k €	-40.0%	38,3 k €	+40.7%	27,2 k €	-58.6%	65,6 k €	+3.2%	63,6 k €	+31.9%	48,2 k €
EBITDA	71 k €	-28.2%	98,8 k €	+77.6%	55,6 k €	-7.6%	60,2 k €	+18.4%	50,8 k €	-19.6%	63,2 k €	+98.1%	31,9 k €	+47.3%	21,7 k €	+19.1%	18,2 k €	-5.9%	19,3 k €	+4.8%	18,4 k €	-4.5%	19,3 k €	-11.3%	21,8 k €	-41.1%	37 k €	+42.1%	26 k €	-59.6%	64,4 k €	+3.6%	62,2 k €	+32.0%	47,1 k €
Operating result	70,2 k €	-28.6%	98,2 k €	+77.7%	55,3 k €	-7.6%	59,8 k €	+18.1%	50,7 k €	-19.2%	62,7 k €	+99.6%	31,4 k €	+49.3%	21 k €	+15.7%	18,2 k €	-4.1%	19 k €	+4.9%	18,1 k €	-4.6%	18,9 k €	-12.8%	21,7 k €	-40.0%	36,2 k €	+120%	16,4 k €	-70.0%	54,8 k €	+4.0%	52,7 k €	+37.4%	38,4 k €
Net result	34,7 k €	-48.6%	67,5 k €	+54.5%	43,7 k €	+0.6%	43,4 k €	+67.2%	26 k €	-41.3%	44,3 k €	+83.5%	24,1 k €	+59.0%	15,2 k €	+84.4%	8,2 k €	+17.8%	7 k €	+377%	-2,5 k €	-118%	14 k €	-23.4%	18,3 k €	-34.9%	28,1 k €	+125%	12,5 k €	-68.4%	39,5 k €	+9.4%	36,1 k €	+26.1%	28,6 k €
Balance sheet
Equity	366,6 k €	-11.5%	414,3 k €	+19.5%	346,8 k €	+14.4%	303,2 k €	+16.7%	259,7 k €	+11.1%	233,7 k €	+23.4%	189,4 k €	+14.6%	165,3 k €	+10.1%	150,1 k €	+5.8%	141,9 k €	-20.2%	177,7 k €	-1.4%	180,3 k €	+5.5%	170,8 k €	+8.7%	157,1 k €	+17.6%	133,5 k €	+6.3%	125,6 k €	+38.5%	90,7 k €	+53.4%	59,1 k €
Total assets	485,8 k €	+6.4%	456,6 k €	+15.0%	396,9 k €	+16.1%	341,8 k €	+13.8%	300,3 k €	+12.4%	267,1 k €	+34.1%	199,2 k €	+10.7%	180 k €	+7.1%	168 k €	-20.1%	210,2 k €	+7.0%	196,5 k €	-4.8%	206,5 k €	+8.5%	190,3 k €	+9.8%	173,4 k €	+20.3%	144,1 k €	+4.0%	138,6 k €	+16.2%	119,3 k €	+41.3%	84,4 k €
Cash	248,8 k €	+17.4%	211,9 k €	+37.1%	154,6 k €	-51.4%	318,2 k €	+17.9%	269,8 k €	+18.1%	228,5 k €	+41.2%	161,8 k €	+9.4%	147,9 k €	+12.6%	131,3 k €	-12.5%	150,2 k €	-9.9%	166,7 k €	-15.4%	196,9 k €	+13.0%	174,3 k €	+8.4%	160,8 k €	+19.4%	134,7 k €	+65.5%	81,4 k €	+101%	40,5 k €	-28.2%	56,4 k €
Debts	119,1 k €	+182%	42,3 k €	-15.5%	50,1 k €	+29.5%	38,7 k €	-4.7%	40,6 k €	+21.3%	33,4 k €	+241%	9,8 k €	-33.3%	14,7 k €	-18.0%	17,9 k €	-73.8%	68,4 k €	+308%	16,8 k €	-36.1%	26,3 k €	+34.7%	19,5 k €	+19.6%	16,3 k €	+54.1%	10,6 k €	-17.6%	12,8 k €	-55.1%	28,6 k €	+12.9%	25,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Alexandre GASCHARD

Administrator - manager · since 16 avril 2008

Active

Ended mandates

Alexandre Gachard

Manager

Ended

Alexandre Gaschard

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
A1 Services● Active	1002.005.743
AAZ● Active	1001.904.090
ABDS● Active	0734.979.985
ABM SERVICES● Liquidation	0893.130.963
Accola● Active	0743.729.979
ACCOUNT & CIE● Active	0777.708.683
ACIA CONSULT● Active	1011.765.329
ACIA Group● Active	0890.634.697
ACII● Active	0655.909.248
ACORD MED SPRL● Active	0671.452.311
AD Algorithms● Active	1020.620.043
ADC GARDEN● Active	0773.363.974
ADNEY● Active	0669.744.121
ADVENTOR● Active	1010.234.313
A-E ACHATS● Active	0779.483.189
AEM Consult● Active	0767.519.131
Aever Clinics Belgium● Active	1042.027.448
AEXIS GROUP● Active	0644.747.419
AFRISOURCE● Active	1015.442.817
AFROPEAN CUISINE● Active	0687.849.566

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	08/05/2026	28/08/2025	10/10/2024	06/12/2023	31/10/2022	02/11/2021
General meeting	20/04/2026	30/06/2025	23/09/2024	06/10/2023	10/10/2022	18/10/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	20/04/2026	08/05/2026	French	PDF
Micro model	31/12/2024	30/06/2025	28/08/2025	French	PDF
Micro model	31/12/2023	23/09/2024	10/10/2024	French	PDF
Micro model	31/12/2022	06/10/2023	06/12/2023	French	PDF
Micro model	31/12/2021	10/10/2022	31/10/2022	French	PDF
Micro model	31/12/2020	18/10/2021	02/11/2021	French	PDF
Micro model	31/12/2019	17/10/2020	30/10/2020	French	PDF
Micro model	31/12/2018	17/09/2019	23/10/2019	French	PDF
Micro model	31/12/2017	13/06/2018	29/06/2018	French	PDF
Micro model	31/12/2016	19/05/2017	19/06/2017	French	PDF
Abridged model	31/12/2015	12/05/2016	15/06/2016	French	PDF
Abridged model	31/12/2014	17/06/2015	01/07/2015	French	PDF
Abridged model	31/12/2013	27/05/2014	11/06/2014	French	PDF
Abridged model	31/12/2012	25/04/2013	06/05/2013	French	PDF
Abridged model	31/12/2011	09/03/2012	02/04/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	25/07/2011	French	PDF
Abridged model	31/12/2009	30/04/2010	18/05/2010	French	PDF
Abridged model	31/12/2008	15/06/2009	29/06/2009	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 2 ended

Active mandates

Alexandre GASCHARD

Administrator - manager · since 16 avril 2008

Active

Ended mandates

Alexandre Gachard

Manager

Ended

Alexandre Gaschard

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office05/05/2025
SIEGE SOCIAL
PDF
Mandates23/10/2023
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Other18/04/2008
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 202534,7 k €↓
2024
Annual accounts 202467,5 k €↑
2023
Annual accounts 202343,7 k €↑
2022
Annual accounts 202243,4 k €↑
2021
Annual accounts 202126 k €↓
2020
Annual accounts 202044,3 k €↑
2019
Annual accounts 201924,1 k €↑
2018
Annual accounts 201815,2 k €↑
2017
Annual accounts 20178,2 k €↑
2016
Annual accounts 20167 k €↑
2015
Annual accounts 2015-2,5 k €↓
2014
Annual accounts 201414 k €↓
2013
Annual accounts 201318,3 k €↓
2012
Annual accounts 201228,1 k €↑
2011
Annual accounts 201112,5 k €↓
2010
Annual accounts 201039,5 k €↑
2009
Annual accounts 200936,1 k €↑
2008
Annual accounts 200828,6 k €
16/04/2008
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

XELA

Overview

What does XELA do?

Trend over 18 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