ACTIVE

ZORGI

Financial year 2025 · Closed on 31/12/2025

Net result4,7 M €+1,4 %over 1 year
Revenue62,4 M €-2,9 %over 1 year
Equity18 M €+35,4 %over 1 year
Workforce324,4 ETP+2,1 %over 1 year

Identity

Source · BCE/KBO

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
Joint committees (4)
  • 100
  • 14904
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 35 filings

Trend over 16 financial years

20252024202320212020
Income statement
Revenue62,4 M €64,3 M €56,6 M €42,1 M €41,6 M €
EBITDA7,5 M €3,8 M €4,5 M €6,3 M €8,5 M €
Operating result5,6 M €4,9 M €873,5 k €5,8 M €7,4 M €
Net result4,7 M €4,7 M €861,1 k €5,2 M €6,5 M €
Balance sheet
Equity18 M €13,3 M €8,7 M €12,4 M €11,1 M €
Total assets40,3 M €31,6 M €28,5 M €34,9 M €31,1 M €
Cash3 M €3,3 M €3,5 M €3,6 M €4 M €
Debts18,6 M €15,3 M €17,4 M €21,5 M €18,3 M €
Other
Workforce324,4 ETP317,6 ETP306,1 ETP224,7 ETP218,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 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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Boulevard Bischoffsheim 15 1000 Bruxelles
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1036.726.003
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Full financial information

Source · NBB
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 35 filings
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
Full model31/12/201416/04/201511/05/2015DutchPDF
Full model31/12/201416/04/201511/05/2015FrenchPDF
Full model31/12/201317/04/201413/05/2014FrenchPDF
Full model31/12/201317/04/201413/05/2014DutchPDF
Full model31/12/201218/04/201313/05/2013DutchPDF
Full model31/12/201107/05/201230/05/2012DutchPDF
Full model31/12/201028/03/201122/08/2011DutchPDF
Full model31/12/200926/03/201017/06/2010DutchPDF
Full model31/12/200803/03/200906/04/2009DutchPDF
Full model31/12/200726/05/200804/08/2008DutchPDF
Full model31/12/200604/06/200702/07/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 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

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • 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

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