ACTIVE

ANTWERP MANAGEMENT SCHOOL

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Financial year 2025 · closed on 31/12/2025

Net result

-136,3 k €

-418.3% YoY

Revenue

14,6 M €

-0.8% YoY

Equity

2,6 M €

-8.0% YoY

Workforce

73,0 ETP

-5.1% YoY

What does ANTWERP MANAGEMENT SCHOOL do?

ANTWERP MANAGEMENT SCHOOL is a Public utility foundation incorporated in 2008. Its main activity is: Higher education. Its registered office is in Antwerpen. It employs on average 73,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0899.382.713

Incorporation

18/07/2008

Legal form

Public utility foundation

Registered office

Boogkeers 5
2000 Antwerpen · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

73,0 ETP

Activities (NACE)

85401Higher education· main 85421Tertiary education 70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (1)

Signals

Good liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014
Income statement
Revenue	14,6 M €	-0.8%	14,7 M €	+8.4%	13,6 M €	-1.4%	13,8 M €	+16.1%	11,9 M €	+19.2%	10 M €	-19.8%	12,4 M €	+8.9%	11,4 M €	+2.6%	11,1 M €	+6.3%	10,5 M €	+15.1%	9,1 M €	+5.5%	8,6 M €
EBITDA	60,9 k €	-5.5%	64,4 k €	+124%	-269,1 k €	-162%	434 k €	-46.7%	814,6 k €	+315%	196,5 k €	+348%	43,9 k €	-78.4%	203,7 k €	+191%	-223,6 k €	-481%	58,6 k €	-23.9%	77 k €	+14.0%	67,5 k €
Operating result	-249,1 k €	-88.9%	-131,9 k €	+60.4%	-332,8 k €	-219%	279,4 k €	-58.8%	678,3 k €	+394%	137,2 k €	+326%	-60,8 k €	-585%	-8,9 k €	+97.8%	-412,6 k €	-1085%	-34,8 k €	-60.9%	-21,6 k €	-141%	52,9 k €
Net result	-136,3 k €	-418%	42,8 k €	+116%	-271,6 k €	-183%	327,7 k €	-49.9%	654,6 k €	+420%	125,8 k €	+1866%	6,4 k €	+103%	-183,7 k €	+70.8%	-628,2 k €	-1215%	56,4 k €	+3.9%	54,3 k €	-73.8%	207 k €
Balance sheet
Equity	2,6 M €	-8.0%	2,8 M €	-0.8%	2,8 M €	-0.3%	2,8 M €	+13.0%	2,5 M €	+34.1%	1,9 M €	+5.8%	1,7 M €	-2.4%	1,8 M €	-9.3%	2 M €	-24.8%	2,6 M €	+58.2%	1,7 M €	+1.8%	1,6 M €
Total assets	14,4 M €	-3.7%	14,9 M €	+15.2%	13 M €	-4.3%	13,5 M €	-2.4%	13,9 M €	+18.3%	11,7 M €	+17.4%	10 M €	+6.6%	9,4 M €	+2.7%	9,1 M €	-10.0%	10,1 M €	+23.9%	8,2 M €	+17.1%	7 M €
Cash	1 M €	-21.3%	1,3 M €	-58.8%	3,2 M €	-55.0%	7,1 M €	-7.7%	7,6 M €	+38.3%	5,5 M €	+84.0%	3 M €	+46.2%	2,1 M €	+17.2%	1,8 M €	-67.4%	5,4 M €	+6.9%	5 M €	+111%	2,4 M €
Debts	3,1 M €	+1.9%	3 M €	+11.8%	2,7 M €	-13.6%	3,1 M €	-9.5%	3,4 M €	+7.6%	3,2 M €	+37.7%	2,3 M €	-14.6%	2,7 M €	-7.9%	3 M €	-7.5%	3,2 M €	+47.5%	2,2 M €	+17.4%	1,8 M €
Other
Workforce	73,0 ETP	-5.1%	76,9 ETP	+3.1%	74,6 ETP	-2.4%	76,4 ETP	+14.4%	66,8 ETP	-5.8%	70,9 ETP	-5.5%	75,0 ETP	0.0%	75,0 ETP	-5.8%	79,6 ETP	+9.2%	72,9 ETP	+30.4%	55,9 ETP	+4.7%	53,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 34 ended

Active mandates

Ann DE SCHEPPER

Director · since 01 septembre 2024 · until 31 août 2028

Active

Jacques VANDERMEIREN

Director · since 31 janvier 2024 · until 30 janvier 2028

Active

Steven VAN PASSEL

Director · since 16 mai 2023 · until 15 mai 2027

Active

Steven DE HAES

Director · since 01 octobre 2022 · until 30 septembre 2026

Active

Anita VAN LOOVEREN

Director · since 01 mai 2022 · until 30 avril 2026

Active

Françoise CHOMBAR

Director · since 01 mai 2022 · until 30 avril 2026

Active

Jan REMEYSEN

Chairman of the board of directors · since 01 mai 2022 · until 30 avril 2026

Active

Véronique GOOSSENS

Director · since 01 mai 2022 · until 30 avril 2026

Active

Ended mandates

Christien VAN VAERENBERG

Director · since 01 avril 2023 · until 31 mars 2027

Ended

Koen VANDENBEMPT

Director · since 01 octobre 2022 · until 30 septembre 2026

Ended

Silvia LENAERTS

Director · since 23 avril 2022 · until 15 mai 2023

Ended

Silvia LENAERTS

Director · since 23 avril 2022 · until 22 avril 2026

Ended

At this address

Other companies at this address

Company	CBE no.
AMS● Active	1028.349.260
AMS BOOGKEERS● Active	0634.906.471
Centrum voor Andragogiek● Active	0419.165.407
REAL ESTATE SOCIETY● Active	0475.926.639

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	07/05/2025	26/04/2024	08/05/2023	10/06/2022	21/06/2021
General meeting	28/04/2026	29/04/2025	25/04/2024	04/05/2023	25/04/2022	29/04/2021
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	28/04/2026	08/05/2026	Dutch	PDF
Full model	31/12/2024	29/04/2025	07/05/2025	Dutch	PDF
Full model	31/12/2023	25/04/2024	26/04/2024	Dutch	PDF
Full model	31/12/2022	04/05/2023	08/05/2023	Dutch	PDF
Full model	31/12/2021	25/04/2022	10/06/2022	Dutch	PDF
Full model	31/12/2020	29/04/2021	21/06/2021	Dutch	PDF
Full model	31/12/2019	30/04/2020	25/05/2020	Dutch	PDF
Full model	31/12/2018	20/05/2019	23/05/2019	Dutch	PDF
Full model	31/12/2017	23/04/2018	14/05/2018	Dutch	PDF
Full model	31/12/2016	24/04/2017	27/04/2017	Dutch	PDF
Full model	31/12/2015	03/05/2016	10/06/2016	Dutch	PDF
Full model	31/12/2014	02/04/2015	21/05/2015	Dutch	PDF
Full modelCorrection	31/12/2013	12/05/2014	31/03/2015	Dutch	PDF
Full model	31/12/2013	12/05/2014	14/11/2014	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 8 active · 34 ended

Active mandates

Ann DE SCHEPPER

Director · since 01 septembre 2024 · until 31 août 2028

Active

Jacques VANDERMEIREN

Director · since 31 janvier 2024 · until 30 janvier 2028

Active

Steven VAN PASSEL

Director · since 16 mai 2023 · until 15 mai 2027

Active

Steven DE HAES

Director · since 01 octobre 2022 · until 30 septembre 2026

Active

Anita VAN LOOVEREN

Director · since 01 mai 2022 · until 30 avril 2026

Active

Françoise CHOMBAR

Director · since 01 mai 2022 · until 30 avril 2026

Active

Jan REMEYSEN

Chairman of the board of directors · since 01 mai 2022 · until 30 avril 2026

Active

Véronique GOOSSENS

Director · since 01 mai 2022 · until 30 avril 2026

Active

Ended mandates

Christien VAN VAERENBERG

Director · since 01 avril 2023 · until 31 mars 2027

Ended

Koen VANDENBEMPT

Director · since 01 octobre 2022 · until 30 septembre 2026

Ended

Silvia LENAERTS

Director · since 23 avril 2022 · until 15 mai 2023

Ended

Silvia LENAERTS

Director · since 23 avril 2022 · until 22 avril 2026

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/12/2023
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates27/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/03/2022
ONTSLAGEN - BENOEMINGEN
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 2025-136,3 k €↓
2024
Annual accounts 202442,8 k €↑
2023
Annual accounts 2023-271,6 k €↓
2022
Annual accounts 2022327,7 k €↓
2021
Annual accounts 2021654,6 k €↑
2020
Annual accounts 2020125,8 k €↑
2019
Annual accounts 20196,4 k €↑
2018
Annual accounts 2018-183,7 k €↑
2017
Annual accounts 2017-628,2 k €↓
2016
Annual accounts 201656,4 k €↑
2015
Annual accounts 201554,3 k €↓
2014
Annual accounts 2014207 k €
18/07/2008
IncorporationPublic utility foundation

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

ANTWERP MANAGEMENT SCHOOL

Overview

What does ANTWERP MANAGEMENT SCHOOL do?

Trend over 12 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