ACTIVE

ECONOCOM MANAGED SERVICES

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Financial year 2025 · closed on 31/12/2025

Net result

387,3 k €

-26.0% YoY

Revenue

45,2 M €

-12.5% YoY

Equity

10,7 M €

+3.8% YoY

Workforce

206,9 ETP

-0.9% YoY

What does ECONOCOM MANAGED SERVICES do?

ECONOCOM MANAGED SERVICES is a Public limited company incorporated in 1987. Its main activity is: Computer consultancy activities. Its registered office is in Ixelles. It employs on average 206,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0432.093.428

Incorporation

24/09/1987

Legal form

Public limited company

Registered office

Place du Champ de Mars 5 box 14
1050 Ixelles · BruxellesSee on map

Contributed capital

9 816 040,00 €

Latest accounts

31/12/2025

Average workforce

206,9 ETP

Activities (NACE)

62020Computer consultancy activities· main 62030Computer facilities management activities 62200Computer programming, consultancy and related activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2013		2012		2011		2010		2009		2008
Income statement
Revenue	45,2 M €	-12.5%	51,7 M €	-9.0%	56,7 M €	+4.4%	54,3 M €	-9.3%	59,9 M €	+8.4%	55,3 M €	-9.4%	61 M €	+4.3%	58,4 M €	+5.1%	55,6 M €	-16.0%	66,3 M €	-3.8%	68,9 M €	+0.5%	68,5 M €	+9.4%	62,6 M €	+12.9%	55,5 M €	-5.1%	58,4 M €	-3.8%	60,8 M €	+1.2%	60 M €
EBITDA	454,6 k €	-22.4%	586 k €	+177%	211,8 k €	-85.7%	1,5 M €	-31.9%	2,2 M €	+189%	-2,4 M €	+41.1%	-4,1 M €	-1068%	427,1 k €	+114%	-3,1 M €	+11.2%	-3,5 M €	+55.7%	-7,8 M €	-689%	1,3 M €	-33.3%	2 M €	+295%	502,3 k €	-84.7%	3,3 M €	+11.6%	2,9 M €	-16.0%	3,5 M €
Operating result	542,4 k €	+552%	83,2 k €	+147%	-178,7 k €	-108%	2,2 M €	-15.4%	2,6 M €	+191%	-2,8 M €	+41.6%	-4,8 M €	-3444%	-135,9 k €	+96.2%	-3,6 M €	+8.6%	-3,9 M €	+56.2%	-8,9 M €	-1301%	744 k €	-44.2%	1,3 M €	+1034%	-142,9 k €	-105%	2,7 M €	+28.6%	2,1 M €	-29.9%	3 M €
Net result	387,3 k €	-26.0%	523,1 k €	+129%	228,9 k €	-68.7%	730,7 k €	-72.4%	2,6 M €	+197%	-2,7 M €	+43.5%	-4,9 M €	-1100%	-404,2 k €	+90.2%	-4,1 M €	-50.6%	-2,7 M €	+70.5%	-9,3 M €	-610%	1,8 M €	+20.8%	1,5 M €	-97.4%	57,4 M €	+13959%	408,5 k €	+7.5%	380,1 k €	+76.3%	215,6 k €
Balance sheet
Equity	10,7 M €	+3.8%	10,3 M €	+5.3%	9,8 M €	+2.4%	9,6 M €	+8.3%	8,8 M €	+72.4%	5,1 M €	-34.8%	7,9 M €	-38.1%	12,7 M €	-3.1%	13,1 M €	-23.9%	17,3 M €	-13.7%	20 M €	-45.1%	36,4 M €	+0.9%	36,1 M €	-59.3%	88,6 M €	+138%	37,2 M €	+423%	7,1 M €	+5.7%	6,7 M €
Total assets	24,2 M €	-12.4%	27,6 M €	-11.7%	31,3 M €	-4.5%	32,8 M €	-4.8%	34,4 M €	+15.3%	29,9 M €	+2.4%	29,2 M €	-18.6%	35,8 M €	-42.4%	62,1 M €	-7.0%	66,8 M €	-12.2%	76,1 M €	-7.0%	81,8 M €	+8.0%	75,8 M €	-39.3%	124,8 M €	+9.4%	114,2 M €	+117%	52,7 M €	+4.2%	50,5 M €
Cash	904 k €	+149778%	603,2 €	-100.0%	1,4 M €	+14.5%	1,3 M €	-17.7%	1,5 M €	+262%	424,9 k €	+2786%	14,7 k €	-1.7%	15 k €	-86.9%	114 k €	+8.0%	105,6 k €	+41.9%	74,4 k €	+272%	20 k €	-4.0%	20,8 k €	-94.4%	373,5 k €	-89.5%	3,6 M €	-11.5%	4 M €	+416%	778,1 k €
Debts	10,7 M €	-24.3%	14,2 M €	-24.1%	18,7 M €	-6.9%	20,1 M €	-5.8%	21,3 M €	-3.2%	22 M €	+19.9%	18,4 M €	-11.3%	20,7 M €	-54.9%	45,9 M €	-2.5%	47,1 M €	-14.3%	54,9 M €	+36.1%	40,3 M €	+15.0%	35,1 M €	+15.9%	30,3 M €	-58.1%	72,2 M €	+74.6%	41,4 M €	+3.6%	39,9 M €
Other
Workforce	206,9 ETP	-0.9%	208,8 ETP	-2.7%	214,7 ETP	-1.7%	218,4 ETP	-7.4%	235,8 ETP	+3.6%	227,7 ETP	-8.1%	247,8 ETP	-8.6%	271,1 ETP	-14.5%	317,2 ETP	-12.6%	362,9 ETP	-20.5%	456,2 ETP	+6.6%	428,0 ETP	-1.7%	435,4 ETP	-0.8%	438,9 ETP	-1.8%	447,0 ETP	-10.7%	500,6 ETP	+0.4%	498,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 51 ended

Active mandates

Thomas Bangratz

Director · since 23 septembre 2025 · until 07 juin 2027

Active

DMBA

Director · since 27 juin 2024 · until 07 juin 2027 · 0771.277.583

Represented by Didier Moreaux

Active

Sébastien Cabau

Director · since 27 juin 2024 · until 23 septembre 2025

Active

Chantal De Vrieze

Managing director · since 05 juin 2023 · until 01 juin 2026

Active

Christophe Vanmalleghem

Managing director · since 05 juin 2023 · until 01 juin 2026

Active

Mike Hellemans

Managing director · since 05 juin 2023 · until 01 juin 2026

Active

Ended mandates

DMBA

Director · since 27 juin 2024 · until 07 juin 2027 · 0771.277.583

Represented by Didier Moreaux

Ended

Sébastien Cabau

Director · since 27 juin 2024 · until 07 juin 2027

Ended

Eric Philippart

Director · since 07 juin 2022 · until 02 juin 2025

Ended

Christophe Vanmalleghem

Director · since 01 août 2019 · until 05 juin 2023

Ended

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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	17/06/2026	14/07/2025	25/06/2024	22/06/2023	14/07/2022	01/07/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	06/06/2022	25/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	01/06/2026	17/06/2026	French	PDF
Full model	31/12/2024	02/06/2025	14/07/2025	French	PDF
Full model	31/12/2023	03/06/2024	25/06/2024	French	PDF
Full model	31/12/2022	05/06/2023	22/06/2023	French	PDF
Full model	31/12/2021	06/06/2022	14/07/2022	French	PDF
Full model	31/12/2020	25/06/2021	01/07/2021	French	PDF
Full model	31/12/2019	02/06/2020	23/06/2020	French	PDF
Full model	31/12/2018	03/06/2019	30/07/2019	French	PDF
Full model	31/12/2017	04/06/2018	26/06/2018	French	PDF
Full model	31/12/2016	05/06/2017	29/06/2017	French	PDF
Full model	31/12/2015	06/06/2016	24/06/2016	French	PDF
Full modelCorrection	31/12/2014	01/06/2015	27/07/2015	French	PDF
Full model	31/12/2014	01/06/2015	26/06/2015	French	PDF
Full model	31/12/2013	21/05/2014	19/06/2014	French	PDF
Full model	31/12/2012	21/05/2013	10/06/2013	French	PDF
Full model	31/12/2011	25/04/2012	14/05/2012	French	PDF
Full model	31/12/2010	27/04/2011	23/05/2011	French	PDF
Full model	31/12/2009	28/04/2010	17/05/2010	French	PDF
Full model	31/12/2008	19/05/2009	03/06/2009	French	PDF
Full modelCorrection	31/12/2007	19/05/2008	02/10/2008	French	PDF
Full model	31/12/2007	19/05/2008	11/06/2008	French	PDF
Full model	31/12/2006	25/04/2007	28/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 6 active · 51 ended

Active mandates

Thomas Bangratz

Director · since 23 septembre 2025 · until 07 juin 2027

Active

DMBA

Director · since 27 juin 2024 · until 07 juin 2027 · 0771.277.583

Represented by Didier Moreaux

Active

Sébastien Cabau

Director · since 27 juin 2024 · until 23 septembre 2025

Active

Chantal De Vrieze

Managing director · since 05 juin 2023 · until 01 juin 2026

Active

Christophe Vanmalleghem

Managing director · since 05 juin 2023 · until 01 juin 2026

Active

Mike Hellemans

Managing director · since 05 juin 2023 · until 01 juin 2026

Active

Ended mandates

DMBA

Director · since 27 juin 2024 · until 07 juin 2027 · 0771.277.583

Represented by Didier Moreaux

Ended

Sébastien Cabau

Director · since 27 juin 2024 · until 07 juin 2027

Ended

Eric Philippart

Director · since 07 juin 2022 · until 02 juin 2025

Ended

Christophe Vanmalleghem

Director · since 01 août 2019 · until 05 juin 2023

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other02/09/2026
Délégation des pouvoirs bancaires
PDF
Mandates27/05/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates15/05/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates16/01/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates06/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates18/11/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates03/10/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates26/07/2024
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

2025
Annual accounts 2025387,3 k €↓
24/11/2025
nominationKarin Bernard — délégation de pouvoirs en matière de relations individuelles et collectives du travail et de sécurité sociale
23/09/2025
nominationThomas Bangratz — Administrateur
2024
Annual accounts 2024523,1 k €↑
29/07/2024
demissionBernard van Eyll — délégation de pouvoirs en matière de relations individuelles et collectives du travail et de sécurité sociale
29/07/2024
nominationBernard van Eyll — Directeur des Ressources Humaines
27/06/2024
nominationDMBA BV — Administrateur
27/06/2024
nominationSébastien Cabau — Administrateur
27/06/2024
nominationBDO Réviseurs d'Entreprises SRL — commissaire
2023
Annual accounts 2023228,9 k €↓
23/10/2023
revocationSabine Ledens — Human Resources Director
23/10/2023
nominationSabine Ledens — mandat spécial (délégation de pouvoirs en matière de relations individuelles et collectives du travail, et de sécurité sociale)
14/07/2023
nominationNathalie Ullens — mandat spécial (délégation de pouvoirs en matière de relations individuelles et collectives du travail, et de sécurité sociale)
05/06/2023
reconductionChantal De Vrieze — Administrateur et Délégué en charge de la gestion journalière
05/06/2023
reconductionMike Hellemans — Administrateur et Délégué en charge de la gestion journalière
05/06/2023
reconductionChristophe Vanmalleghem — Administrateur et Délégué en charge de la gestion journalière
2022
Annual accounts 2022730,7 k €↓
20/06/2022
nominationMarie-Laure Moreau — représentant permanent Commissaire
07/06/2022
reconductionEric Philippart — Administrateur
2021
Annual accounts 20212,6 M €↑
2020
Annual accounts 2020-2,7 M €↑
2019
Annual accounts 2019-4,9 M €↓
2018
Annual accounts 2018-404,2 k €↑
2017
Annual accounts 2017-4,1 M €↓
2016
Annual accounts 2016-2,7 M €↑
2015
Annual accounts 2015-9,3 M €↓
2013
Annual accounts 20131,8 M €↑
2012
Annual accounts 20121,5 M €↓
2011
Annual accounts 201157,4 M €↑
2010
Annual accounts 2010408,5 k €↑
2009
Annual accounts 2009380,1 k €↑
2008
Annual accounts 2008215,6 k €
24/09/1987
IncorporationPublic limited company

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

ECONOCOM MANAGED SERVICES

Overview

What does ECONOCOM MANAGED SERVICES do?

Trend over 17 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