Lenaerts Management & Consulting
Annual accounts 2025
micro format, filed on 18-02-2026, 163 days before the deadline€94,527
▼ 1.0%
€87,689
▼ 1.7%
€56,784
▼ 18.9%
-€36,141
▼ €19,810
13.9%
▼ 20.1 percentage points
0.69
▼ 0.12
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €200,000. Estimated: probably between €150,000 and €250,000.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €133,860 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
13.9%
Higher than 19% of 39,360 companies in 2025.
0.69
Higher than 15% of 38,044 companies in 2025.
42.4%
Higher than 82% of 38,516 companies in 2025.
Lenaerts Management & Consulting
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
133,860 | 126,949 | 134,123 | 118,501 | 166,666 | 128,778 | 160,038 | 158,265 | 169,280 | 77,087 | |
21/28 |
54,741 | 59,542 | 59,979 | 62,557 | 35,649 | 2,513 | 143,586 | 144,732 | 140,638 | 9,412 | |
22/27 |
54,356 | 59,157 | 59,594 | 62,172 | 35,264 | 2,128 | 3,201 | 4,347 | 253 | 1,027 | |
23 |
- | - | 194 | 632 | 1,071 | - | - | - | - | - | |
24 |
5,869 | 6,319 | 2,212 | - | 1,064 | 2,128 | 3,201 | 4,347 | 253 | 1,027 | |
26 |
48,487 | 52,838 | 57,189 | 61,540 | 33,129 | - | - | - | - | - | |
28 |
385 | 385 | 385 | 385 | 385 | 385 | 140,385 | 140,385 | 140,385 | 8,385 | |
29/58 |
79,119 | 67,406 | 74,144 | 55,944 | 131,017 | 126,265 | 16,452 | 13,533 | 28,642 | 67,675 | |
40/41 |
23,078 | 53,696 | 41,363 | 20,505 | 39,358 | 20,537 | 9,462 | 6,750 | 3,672 | 46,466 | |
40 |
- | 18,302 | 17,759 | 14,534 | 22,525 | 13,902 | 8,606 | 6,750 | - | 46,466 | |
41 |
23,078 | 35,394 | 23,605 | 5,971 | 16,833 | 6,635 | 856 | - | 3,672 | - | |
54/58 |
52,305 | 10,021 | 29,606 | 34,451 | 89,141 | 104,753 | 5,357 | 5,931 | 24,046 | 20,267 | |
490/1 |
3,735 | 3,689 | 3,174 | 988 | 2,518 | 975 | 1,633 | 852 | 924 | 943 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
133,860 | 126,949 | 134,123 | 118,501 | 166,666 | 128,778 | 160,038 | 158,265 | 169,280 | 77,087 | |
10/15 |
18,600 | 43,211 | 43,211 | 41,750 | 44,243 | 109,183 | 58,269 | 35,797 | 65,764 | 59,405 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | |
11 |
- | - | - | - | - | 18,600 | - | - | - | - | |
1100/10 |
- | - | - | - | - | 18,600 | - | - | - | - | |
13 |
- | 24,611 | 24,611 | 23,150 | 25,643 | 90,583 | 39,669 | 17,197 | 47,164 | 40,805 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | |
133 |
- | 24,611 | 24,611 | 21,290 | 23,783 | 88,723 | 37,809 | 15,337 | 45,304 | 38,945 | |
17/49 |
115,260 | 83,737 | 90,912 | 76,751 | 122,423 | 19,594 | 101,769 | 122,468 | 103,516 | 17,682 | |
17 |
- | - | - | - | - | - | 56,561 | 69,979 | 82,038 | - | |
170/4 |
- | - | - | - | - | - | 56,561 | 69,979 | 82,038 | - | |
42/48 |
115,260 | 83,737 | 90,912 | 76,751 | 122,423 | 19,594 | 45,208 | 52,489 | 21,444 | 17,682 | |
42 |
- | - | - | - | - | 2,508 | 15,926 | 13,146 | 13,963 | - | |
43 |
8,352 | 14,236 | - | - | - | - | - | - | - | - | |
439 |
8,352 | 14,236 | - | - | - | - | - | - | - | - | |
44 |
6,535 | 7,656 | 5,907 | 1,043 | 6,724 | 2,392 | 17,296 | 2,648 | 2,742 | 2,119 | |
440/4 |
6,535 | 7,656 | 5,907 | 1,043 | 6,724 | 2,392 | 17,296 | 2,648 | 2,742 | 2,119 | |
46 |
- | - | - | - | 6,951 | - | - | - | - | - | |
45 |
14,480 | 9,482 | 14,416 | 9,709 | 8,749 | 9,136 | 2,950 | 13,448 | 4,740 | 15,563 | |
450/3 |
14,480 | 9,482 | 14,416 | 9,709 | 8,749 | 9,136 | 2,950 | 13,448 | 4,740 | 15,011 | |
454/9 |
- | - | - | - | - | - | - | - | - | 552 | |
47/48 |
85,893 | 52,364 | 70,588 | 66,000 | 100,000 | 5,559 | 9,036 | 23,247 | - | - | |
492/3 |
- | - | - | - | - | - | - | - | 34 | - | |
| Income statement | |||||||||||
9900 |
94,527 | 95,505 | 92,168 | 69,209 | 38,488 | -116,096 | 40,197 | 31,361 | 14,946 | 66,751 | |
630 |
6,229 | 5,686 | 4,861 | 4,829 | 1,704 | 1,073 | 1,147 | 1,224 | 774 | 2,493 | |
640/8 |
610 | 595 | 3,593 | 540 | 1,173 | 1,288 | 919 | 820 | 547 | 632 | |
9901 |
87,689 | 89,223 | 83,714 | 63,840 | 35,611 | -118,457 | 38,132 | 29,317 | 13,626 | 63,626 | |
75/76B |
623 | 789 | 400 | 678 | 394 | 210,000 | 0 | - | 154 | 17 | |
75 |
623 | 789 | 400 | 678 | 394 | 210,000 | 0 | - | 154 | 17 | |
65/66B |
596 | 1,021 | 68 | 112 | 97 | 1,981 | 2,049 | 2,915 | 821 | 766 | |
65 |
596 | 1,021 | 68 | 112 | 97 | 1,981 | 2,049 | 2,915 | 821 | 766 | |
9903 |
87,716 | 88,991 | 84,046 | 64,405 | 35,908 | 89,562 | 36,084 | 26,402 | 12,959 | 62,877 | |
67/77 |
30,932 | 18,977 | 11,996 | 899 | 848 | 847 | 13,612 | 10,369 | 6,600 | 22,072 | |
9904 |
56,784 | 70,014 | 72,050 | 63,507 | 35,060 | 88,715 | 22,471 | 16,033 | 6,359 | 40,805 | |
9905 |
56,784 | 70,014 | 72,050 | 63,507 | 35,060 | 88,715 | 22,471 | 16,033 | 6,359 | 40,805 | |
| Appropriation of the result | |||||||||||
9906 |
56,784 | 70,014 | 72,050 | 63,507 | 35,060 | 88,715 | 22,471 | 16,033 | 6,359 | 40,805 | |
791/2 |
24,611 | - | - | 2,493 | 64,940 | - | - | 30,000 | - | - | |
691/2 |
- | - | 1,462 | - | - | 50,915 | 22,471 | 33 | 6,359 | 40,805 | |
6920 |
- | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | - | 1,462 | - | - | 50,915 | 22,471 | 33 | 6,359 | 38,945 | |
694/7 |
81,395 | 70,014 | 70,588 | 66,000 | 100,000 | 37,800 | - | 46,000 | - | - | |
694 |
81,395 | 70,014 | 70,588 | 66,000 | 100,000 | 37,800 | - | 46,000 | - | - | |
| Document | |||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 18-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 18-02-2026 | 2026-00039925 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00193696 | |
| 31-12-2023 | micro format | 04-07-2024 | 2024-00206630 | |
| 31-12-2022 | micro format | 28-06-2023 | 2023-00167075 | |
| 31-12-2021 | micro format | 17-06-2022 | 2022-20069290 | |
| 31-12-2020 | micro format | 01-07-2021 | 2021-28000585 | |
| 31-12-2019 | abbreviated format | 19-06-2020 | 2020-18000368 | |
| 31-12-2018 | micro format | 21-06-2019 | 2019-20400161 | |
| 31-12-2017 | micro format | 26-06-2018 | 2018-22200406 | |
| 31-12-2016 | abbreviated format | 11-08-2017 | 2017-42600058 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 93,918 | 94,909 | 88,575 | 68,669 | 37,315 | -117,384 | 39,279 | 30,542 | 14,399 | 66,119 | ||
| 63,013 | 75,700 | 76,911 | 68,336 | 36,764 | 89,788 | 23,618 | 17,258 | 7,133 | 43,298 | ||
| 1,428 | 5,249 | 2,283 | 31,737 | 34,840 | -140,000 | 7,044 | 5,319 | 132,000 | 10,872 | ||
| 42,284 | -19,585 | -4,845 | -54,690 | -15,612 | 99,396 | -574 | -18,115 | 3,780 | - | ||
| -36,141 | -16,331 | -16,768 | -20,808 | 8,594 | 106,671 | -28,756 | -38,956 | 7,198 | 49,993 | ||
| 13.9% | 34.0% | 32.2% | 35.2% | 26.5% | 84.8% | 36.4% | 22.6% | 38.8% | 77.1% | ||
| 0.69 | 0.80 | 0.82 | 0.73 | 1.07 | 6.44 | 0.36 | 0.26 | 1.34 | 3.83 | ||
| 6.20 | 1.94 | 2.10 | 1.84 | 2.77 | 0.18 | 1.75 | 3.42 | 1.57 | 0.30 | ||
| 305.3% | 162.0% | 166.7% | 152.1% | 79.2% | 81.3% | 38.6% | 44.8% | 9.7% | 68.7% | ||
| 42.4% | 55.2% | 53.7% | 53.6% | 21.0% | 68.9% | 14.0% | 10.1% | 3.8% | 52.9% | ||
| over 100 | 92.98 | over 100 | over 100 | over 100 | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,428 | €5,249 | €2,283 | €31,737 | €34,840 |
| €6,229 | €5,686 | €4,861 | €4,829 | €1,704 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Lenaerts Management & Consulting
The operating result for 2025 is 2% lower than in 2024.
Debt's share of the balance-sheet total rises from 66.0% to 86.1%. Equity is lower and debt is higher.