ACTIVE

ZORGI

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Financial year 2025 · closed on 31/12/2025
Net result
4,7 M €
+1.4% YoY
Revenue
62,4 M €
-2.9% YoY
Equity
18 M €
+35.4% YoY
Workforce
324,4 ETP
+2.1% YoY

What does ZORGI do?

ZORGI is a Public limited company incorporated in 1979. Its main activity is: Retail sale of information and communication equipment in specialised stores. Its registered office is in Bruxelles. It employs on average 324,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0419.920.423
Incorporation
06/11/1979
Legal form
Public limited company
Registered office
Boulevard Bischoffsheim 15
1000 Bruxelles · BruxellesSee on map
Contributed capital
4 715 651,91 €
Latest accounts
31/12/2025
Average workforce
324,4 ETP
Activities (NACE)
47400Retail sale of information and communication equipment in specialised stores· main47410Retail sale of computers, peripheral units and software in specialised stores52487Warehousing and support activities for transportation62020Computer consultancy activities62200Computer programming, consultancy and related activities72500Scientific research and development+2
Joint committees (4)
  • 100
  • 14904
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood 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 16 financial years

2025202420232021202020192018201520142012201120102009200820072006
Income statement
Revenue62,4 M €64,3 M €56,6 M €42,1 M €41,6 M €37,3 M €32,5 M €22,9 M €23,4 M €11,2 M €7,4 M €7,4 M €7 M €4,8 M €5,3 M €4,4 M €
EBITDA7,5 M €3,8 M €4,5 M €6,3 M €8,5 M €8,8 M €7,1 M €4,9 M €5,2 M €5,3 M €3,7 M €3,9 M €3,9 M €2,1 M €2,9 M €2,3 M €
Operating result5,6 M €4,9 M €873,5 k €5,8 M €7,4 M €7,6 M €6 M €1,8 M €1,1 M €5,2 M €3,7 M €3,8 M €3,9 M €2 M €2,7 M €2,1 M €
Net result4,7 M €4,7 M €861,1 k €5,2 M €6,5 M €7,4 M €5,8 M €1,2 M €791,6 k €3,4 M €2,4 M €2,5 M €2,5 M €1,3 M €2 M €2,1 M €
Balance sheet
Equity18 M €13,3 M €8,7 M €12,4 M €11,1 M €9,5 M €9,8 M €8,3 M €8,2 M €342 k €337,2 k €337,2 k €317,6 k €315,1 k €889,1 k €493,8 k €
Total assets40,3 M €31,6 M €28,5 M €34,9 M €31,1 M €34,6 M €24,6 M €23,2 M €22,9 M €7,2 M €4,8 M €2,9 M €3 M €1,8 M €3,2 M €3 M €
Cash3 M €3,3 M €3,5 M €3,6 M €4 M €3,8 M €1 M €569,1 k €663,1 k €891,4 k €1,5 M €685,6 k €647,2 k €349,5 k €1,5 M €2 M €
Debts18,6 M €15,3 M €17,4 M €21,5 M €18,3 M €22,8 M €11,7 M €13,5 M €13,3 M €6,7 M €4,5 M €2,5 M €2,7 M €1,5 M €2,3 M €2,5 M €
Other
Workforce324,4 ETP317,6 ETP306,1 ETP224,7 ETP218,8 ETP200,3 ETP184,1 ETP148,4 ETP149,3 ETP25,6 ETP25,1 ETP24,4 ETP21,1 ETP20,9 ETP19,9 ETP16,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 9 active · 63 ended

Active mandates

BOLD MOVES

Director · since 13 janvier 2026 · until 18 avril 2029 · 1010.352.394

Represented by Arnaud SPRILET

Active
Quadrivium Management

Director · since 05 janvier 2026 · until 18 avril 2029 · 1031.887.384

Represented by Philippe KOLH

Active
FVH M

Director · since 01 janvier 2024 · until 12 janvier 2026 · 1004.112.227

Represented by Florence VANDERTHOMMEN

Active
Bernard CERIEZ

Director · since 20 avril 2023 · until 28 novembre 2025

Active
MERISCO

Director · since 20 avril 2023 · until 28 novembre 2025 · 0475.697.995

Represented by Guido BEAZAR

Active
Philippe KOLH

Director · since 20 avril 2023 · until 04 janvier 2026

Active
Renaud WITMEUR

Director · since 20 avril 2023 · until 18 avril 2029

Active
A. VANDEN CAMP

Director · since 14 mars 2023 · until 18 avril 2029 · 0780.553.654

Represented by André VANDEN CAMP

Active
FLEMING CORPORATION

Director · since 01 janvier 2023 · until 08 novembre 2025 · 0450.644.875

Represented by Geert VERSNICK

Active

Ended mandates

VEKIA

administrateur · since 04 janvier 2024 · until 19 août 2024 · 1004.256.737

Represented by Stéphane LEFEBVRE

Ended
VEKIA

administrateur · since 04 janvier 2024 · until 18 avril 2029 · 1004.256.737

Represented by Stéphane LEFEBVRE

Ended
FVH M

bestuurder · since 01 janvier 2024 · until 18 avril 2029 · 1004.112.227

Represented by Florence VANDERTHOMMEN

Ended
Florence VANDERTHOMMEN

bestuurder · since 20 septembre 2023 · until 01 janvier 2024

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/05/202607/12/202513/05/202417/05/202317/05/202206/05/2021
General meeting16/04/202617/04/202518/04/202420/04/202321/04/202215/04/2021
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

35 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202516/04/202613/05/2026DutchPDF
Full model31/12/202516/04/202613/05/2026FrenchPDF
Full modelCorrection31/12/202417/04/202507/12/2025FrenchPDF
Full modelCorrection31/12/202417/04/202507/12/2025DutchPDF
Full model31/12/202417/04/202519/05/2025FrenchPDF
Full model31/12/202417/04/202519/05/2025DutchPDF
Full model31/12/202318/04/202413/05/2024FrenchPDF
Full model31/12/202318/04/202413/05/2024DutchPDF
Full model31/12/202220/04/202317/05/2023FrenchPDF
Full model31/12/202220/04/202317/05/2023DutchPDF
Full model31/12/202121/04/202217/05/2022FrenchPDF
Full model31/12/202121/04/202217/05/2022DutchPDF
Full model31/12/202015/04/202106/05/2021FrenchPDF
Full model31/12/202015/04/202106/05/2021DutchPDF
Full model31/12/201902/06/202018/06/2020FrenchPDF
Full model31/12/201902/06/202018/06/2020DutchPDF
Full model31/12/201818/04/201909/05/2019DutchPDF
Full model31/12/201818/04/201909/05/2019FrenchPDF
Full model31/12/201719/04/201809/05/2018FrenchPDF
Full model31/12/201719/04/201809/05/2018DutchPDF
Full model31/12/201620/04/201712/05/2017DutchPDF
Full model31/12/201620/04/201712/05/2017FrenchPDF
Full model31/12/201521/04/201612/05/2016DutchPDF
Full model31/12/201521/04/201612/05/2016FrenchPDF

View all 35 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 9 active · 63 ended

Active mandates

BOLD MOVES

Director · since 13 janvier 2026 · until 18 avril 2029 · 1010.352.394

Represented by Arnaud SPRILET

Active
Quadrivium Management

Director · since 05 janvier 2026 · until 18 avril 2029 · 1031.887.384

Represented by Philippe KOLH

Active
FVH M

Director · since 01 janvier 2024 · until 12 janvier 2026 · 1004.112.227

Represented by Florence VANDERTHOMMEN

Active
Bernard CERIEZ

Director · since 20 avril 2023 · until 28 novembre 2025

Active
MERISCO

Director · since 20 avril 2023 · until 28 novembre 2025 · 0475.697.995

Represented by Guido BEAZAR

Active
Philippe KOLH

Director · since 20 avril 2023 · until 04 janvier 2026

Active
Renaud WITMEUR

Director · since 20 avril 2023 · until 18 avril 2029

Active
A. VANDEN CAMP

Director · since 14 mars 2023 · until 18 avril 2029 · 0780.553.654

Represented by André VANDEN CAMP

Active
FLEMING CORPORATION

Director · since 01 janvier 2023 · until 08 novembre 2025 · 0450.644.875

Represented by Geert VERSNICK

Active

Ended mandates

VEKIA

administrateur · since 04 janvier 2024 · until 19 août 2024 · 1004.256.737

Represented by Stéphane LEFEBVRE

Ended
VEKIA

administrateur · since 04 janvier 2024 · until 18 avril 2029 · 1004.256.737

Represented by Stéphane LEFEBVRE

Ended
FVH M

bestuurder · since 01 janvier 2024 · until 18 avril 2029 · 1004.112.227

Represented by Florence VANDERTHOMMEN

Ended
Florence VANDERTHOMMEN

bestuurder · since 20 septembre 2023 · until 01 janvier 2024

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/02/2026
    DEMISSIONS, NOMINATIONS
    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 20254,7 M €↑
  2. 2024
    Annual accounts 20244,7 M €↑
  3. 2023
    Annual accounts 2023861,1 k €↓
  4. 2023
    Name changeZORGI
  5. 2021
    Annual accounts 20215,2 M €↓
  6. 2021
    Name changeXPERTHIS
  7. 2020
    Annual accounts 20206,5 M €↓
  8. 2019
    Annual accounts 20197,4 M €↑
  9. 2018
    Annual accounts 20185,8 M €↑
  10. 2015
    Annual accounts 20151,2 M €↑
  11. 2014
    Annual accounts 2014791,6 k €↓
  12. 2012
    Annual accounts 20123,4 M €↑
  13. 2011
    Annual accounts 20112,4 M €↓
  14. 2010
    Annual accounts 20102,5 M €↓
  15. 2009
    Annual accounts 20092,5 M €↑
  16. 2008
    Annual accounts 20081,3 M €↓
  17. 2007
    Annual accounts 20072 M €↓
  18. 2006
    Annual accounts 20062,1 M €
  19. 06/11/1979
    IncorporationPublic limited company