ACTIVE

Inetum Belgium

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result6,7 M €-19,4 %over 1 year

Revenue239,7 M €-12,9 %over 1 year

Equity58,9 M €-2,7 %over 1 year

Workforce1 074,5 ETP-14,0 %over 1 year

Identity

Source · BCE/KBO

Inetum Belgium is a Public limited company incorporated in 1986. Its main activity is: Computer programming activities. Its registered office is in Mechelen. It employs on average 1 074,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0429.037.235
Incorporation: 06/06/1986
Legal form: Public limited company
Registered office: Antwerpsesteenweg 261 box 2
2800 Mechelen · FlandreSee on map
Contributed capital: 48 943 000,59 €
Latest accounts: 31/12/2025
Average workforce: 1 074,5 ETP

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 72220Research and experimental development on social sciences and humanities

Joint committees (4)

100
14904
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 35 filings

Trend over 18 financial years

	2025		2024		2023		2022		2020
Income statement
Revenue	239,7 M €	-12.9%	275,2 M €	-6.6%	294,7 M €	+1.7%	289,7 M €	+8.2%	267,7 M €
EBITDA	678,7 k €	-95.8%	16,2 M €	+83.9%	8,8 M €	-46.7%	16,5 M €	-29.4%	23,4 M €
Operating result	-789,1 k €	-106%	13,9 M €	+133%	5,9 M €	-52.4%	12,5 M €	-39.3%	20,6 M €
Net result	6,7 M €	-19.4%	8,4 M €	+175%	3 M €	-70.8%	10,4 M €	-40.8%	17,6 M €
Balance sheet
Equity	58,9 M €	-2.7%	60,6 M €	+5.2%	57,6 M €	-7.9%	62,6 M €	-9.6%	69,2 M €
Total assets	133 M €	-9.0%	146,2 M €	+4.1%	140,4 M €	-5.0%	147,8 M €	+5.9%	139,5 M €
Cash	7,2 M €	+54.8%	4,7 M €	-42.1%	8,1 M €	+458%	1,4 M €	-71.7%	5,1 M €
Debts	71,2 M €	-9.3%	78,5 M €	+5.4%	74,5 M €	-2.1%	76,1 M €	+19.7%	63,6 M €
Other
Workforce	1 074,5 ETP	-14.0%	1 249,4 ETP	-14.5%	1 461,3 ETP	-5.3%	1 543,4 ETP	+9.6%	1 408,1 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

4 active · 71 ended

Active mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Inetum Belgium0429.037.235	Director	18/06/2025 → 10/06/2026	000
Inetum SASRepresented by François Fleutiaux	Director	25/03/2025 → 10/06/2026
Nathalie Pousin	Director	25/09/2023 → 10/06/2026
Jean-Marc Humbert	Director	08/06/2022 → 10/06/2026

Ended mandates

Director	Function	Mandate
Johnny Smets	Director	26/03/2024 → 10/06/2026
Nathalie Pousin	Director	25/09/2023 → 10/06/2026
Johnny Smets	Director	26/03/2023 → 10/06/2026
Inetum SASRepresented by Jacques Pommeraud	Director	08/03/2023 → 10/06/2026

Other companies at this address

Antwerpsesteenweg 261 2800 Mechelen

Company	CBE no.
Ambulancedienst Het Vlaamse Kruis● Active	0407.952.306
BOOST YOUR BUSINESS● Active	0672.935.124
CMHI● Active	0746.433.608
First-IT● Active	0860.407.321
Group Purchasing Services● Bankrupt	0682.982.344
Het Vlaamse Kruis● Active	0410.937.827
Het Vlaamse Kruis Academie● Active	0686.962.908
HOME LIFT● Active	1019.188.896
Hutix● Active	0755.578.530
ICT Solutions & Consultancy● Active	0694.544.051
NYNAS● Active	0893.286.262
Odacir● Active	1038.803.187
OFFICENTER IMMO MECHELEN● Active	1000.902.418
OFFICENTER MECHELEN● Active	0788.668.297
Titane Holding● Active	0755.570.315
Ziekenwagendienst Het Vlaamse Kruis● Active	0676.927.069

Full financial information

Source · NBB

	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	20/08/2026	31/07/2025	15/07/2024	08/08/2023	05/08/2022	06/07/2021
General meeting	10/06/2026	11/06/2025	12/06/2024	14/06/2023	08/06/2022	09/06/2021
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

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 35 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	10/06/2026	20/08/2026	Dutch	PDF
Full model	31/12/2024	11/06/2025	31/07/2025	Dutch	PDF
Full model	31/12/2023	12/06/2024	15/07/2024	Dutch	PDF
Full model	31/12/2022	14/06/2023	08/08/2023	Dutch	PDF
Full model	31/12/2021	08/06/2022	05/08/2022	Dutch	PDF
Full model	31/12/2020	09/06/2021	06/07/2021	Dutch	PDF
Full model	31/12/2019	10/06/2020	09/07/2020	Dutch	PDF
Full model	31/12/2018	12/06/2019	18/06/2019	Dutch	PDF
Full model	31/03/2018	12/09/2018	20/09/2018	Dutch	PDF
Consolidated accounts	31/03/2018	12/09/2018	20/09/2018	Dutch	PDF
Full model	31/03/2017	13/09/2017	19/09/2017	Dutch	PDF
Consolidated accounts	31/03/2017	13/09/2017	19/09/2017	Dutch	PDF
Full model	31/03/2016	14/09/2016	21/09/2016	Dutch	PDF
Consolidated accounts	31/03/2016	14/09/2016	23/09/2016	Dutch	PDF
Full model	31/03/2015	09/09/2015	17/09/2015	Dutch	PDF
Consolidated accounts	31/03/2015	09/09/2015	18/09/2015	Dutch	PDF
Full model	31/03/2014	10/09/2014	18/09/2014	Dutch	PDF
Consolidated accounts	31/03/2014	10/09/2014	24/09/2014	Dutch	PDF
Full model	31/03/2013	11/09/2013	24/09/2013	Dutch	PDF
Consolidated accounts	31/03/2013	11/09/2013	25/09/2013	Dutch	PDF
Full model	31/03/2012	12/09/2012	28/09/2012	Dutch	PDF
Consolidated accounts	31/03/2012	12/09/2012	16/10/2012	Dutch	PDF
Full model	31/03/2011	14/09/2011	26/09/2011	Dutch	PDF
Consolidated accounts	31/03/2011	14/09/2011	12/10/2011	Dutch	PDF
Full model	31/03/2010	08/09/2010	10/09/2010	Dutch	PDF
Consolidated accounts	31/03/2010	01/01/9999	10/09/2010	Dutch	PDF
Full model	31/03/2009	09/09/2009	16/10/2009	Dutch	PDF
Consolidated accounts	31/03/2009	09/09/2009	16/10/2009	Dutch	PDF
Full model	31/03/2008	15/07/2008	20/08/2008	Dutch	PDF
Consolidated accounts	31/03/2008	10/09/2008	30/09/2008	Dutch	PDF
Full model	31/12/2007	25/03/2008	21/04/2008	Dutch	PDF
Consolidated accounts	31/12/2007	25/03/2008	30/09/2008	Dutch	PDF
Full modelCorrection	31/12/2006	27/03/2007	28/12/2007	Dutch	PDF
Full model	31/12/2006	27/03/2007	28/09/2007	Dutch	PDF
Consolidated accounts	31/12/2006	27/03/2007	28/09/2007	Dutch	PDF

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

4 active · 71 ended

Active mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Inetum Belgium0429.037.235	Director	18/06/2025 → 10/06/2026	000
Inetum SASRepresented by François Fleutiaux	Director	25/03/2025 → 10/06/2026
Nathalie Pousin	Director	25/09/2023 → 10/06/2026
Jean-Marc Humbert	Director	08/06/2022 → 10/06/2026

Ended mandates

Director	Function	Mandate
Johnny Smets	Director	26/03/2024 → 10/06/2026
Nathalie Pousin	Director	25/09/2023 → 10/06/2026
Johnny Smets	Director	26/03/2023 → 10/06/2026
Inetum SASRepresented by Jacques Pommeraud	Director	08/03/2023 → 10/06/2026

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates17/08/2026
Herbenoeming leden raad van bestuur; aanduiding voorzitter raad van
PDF
Mandates30/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/11/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates07/07/2025
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office17/12/2024
MAATSCHAPPELIJKE ZETEL
PDF
Other16/10/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 20256,7 M €↓
23/06/2025
nominationThomas Breuer · gedelegeerd bestuurder
18/06/2025
nominationThomas Breuer · bestuurder
11/06/2025
nominationFilip Simpelaere · commissaris
26/03/2025
nominationFrancois Fleutiaux · permanente vertegenwoordiger van Inetum SAS in het kader van haar functie als bestuurder en voorzitter van de raad van bestuur
18/02/2025
nominationJohnny Smets · gedelegeerd bestuurder
2024
Annual accounts 20248,4 M €↑
2024
Name changeInetum Belgium
2023
Annual accounts 20233 M €↓
23/09/2023
nominationNathalie Pousin · onbezoldigd bestuurder
26/03/2023
nominationJohnny Smets · bestuurder
08/03/2023
nominationJacques Pommeraud · permanente vertegenwoordiger van Inetum SAS in het kader van haar functie als bestuurder en voorzitter van de raad van bestuur
2022
Annual accounts 202210,4 M €↓
08/06/2022
reconductionInetum SA · niet-uitvoerend bestuurder
07/06/2022
reconductionEef Naessens · commissaris
2020
Annual accounts 202017,6 M €↑
2020
Name changeInetum Realdolmen Belgium
2019
Annual accounts 20198,3 M €↓
2018
Annual accounts 201823,2 M €↑
2018
Annual accounts 2018-3 M €↓
2017
Annual accounts 20174,2 M €↑
2016
Annual accounts 20163,1 M €↑
2015
Annual accounts 2015-2,2 M €↑
2014
Annual accounts 2014-4,7 M €↑
2013
Annual accounts 2013-21 M €↓
2012
Annual accounts 20123,4 M €↑
2011
Annual accounts 20112,8 M €↑
2011
Name changeRealDolmen
2008
Annual accounts 20082,1 M €↓
2007
Annual accounts 20072,3 M €↓
2006
Annual accounts 20063 M €
06/06/1986
IncorporationPublic limited company

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Antwerpsesteenweg 261 bte 2, 2800 MechelenCurrent	accounts 2025 · CBE, tracked since 27/09/2026	Accounts 2025 · 2026-00409361
Bedrijvenlaan 4 42, 2800 Mechelen	accounts 2024	Accounts 2024 · 2025-00337047
A. Vaucampslaan 42, 1654 Huizingen	accounts 2022 → 2023	Accounts 2023 · 2024-00243843

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Inetum BelgiumCurrent	accounts 2024 → 2025 · CBE, tracked since 27/09/2026	Accounts 2025 · 2026-00409361
Inetum Realdolmen Belgium	accounts 2020 → 2023	Accounts 2023 · 2024-00243843
RealDolmen	accounts 2011 → 2019	Accounts 2019 · 2020-28800578
Real Software	accounts 2006 → 2008	Accounts 2008 · 2008-57700363

Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.

Inetum Belgium

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names