ACTIVE

FusionDirectory

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Financial year 2025 · closed on 31/12/2025
Net result
27,1 k €
+224.2% YoY
Gross margin
138,8 k €
+192.9% YoY
Equity
70 k €
+7.5% YoY

What does FusionDirectory do?

FusionDirectory is a Private limited company incorporated in 1988. Its main activity is: Retail sale of information and communication equipment in specialised stores. Its registered office is in Etterbeek.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0433.698.678
Incorporation
14/03/1988
Legal form
Private limited company
Registered office
Rue Abbé Cuypers 3
1040 Etterbeek · BruxellesSee on map
Contributed capital
18 666,38 €
Latest accounts
31/12/2025
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 transportation62010Computer programming activities62100Computer programming, consultancy and related activities62010Computer programming activities+6
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin138,8 k €47,4 k €132,8 k €61,9 k €101 k €97,1 k €138 k €75,9 k €53,9 k €-9 k €69,1 k €17,1 k €75,6 k €50,6 k €27,5 k €1 k €-13 €10,4 k €-12,4 k €
EBITDA80,4 k €-8,4 k €90,2 k €20,3 k €43,5 k €-14,7 k €28,1 k €-42,4 k €21,7 k €-35,7 k €64,5 k €-27,7 k €27,4 k €18,4 k €26,8 k €1 k €-769 €10,4 k €-12,7 k €
Operating result34,7 k €-19,4 k €64,3 k €12,6 k €21,1 k €-24,1 k €26,1 k €-42,7 k €21,6 k €-35,8 k €63,9 k €-28,5 k €26,7 k €18,1 k €26,7 k €885 €-769 €10,3 k €-12,8 k €
Net result27,1 k €-21,8 k €44,2 k €8,2 k €18,8 k €-25,6 k €24,3 k €-44,1 k €23 k €-35 k €54,1 k €-33,1 k €20,7 k €11,6 k €26,4 k €726 €-2,8 k €10,1 k €-14,8 k €
Balance sheet
Equity70 k €65,1 k €86,9 k €42,7 k €34,5 k €1,1 k €26,7 k €3 k €47,1 k €24,2 k €59,2 k €23,1 k €56,2 k €35,5 k €23,9 k €-2,5 k €-3,2 k €-408 €-13 k €
Total assets149 k €131,5 k €214,2 k €126,8 k €94 k €79,3 k €80,9 k €61,1 k €104,3 k €80 k €222,2 k €71,5 k €71,6 k €53,9 k €35,4 k €6,7 k €2,1 k €19,6 k €11,5 k €
Cash37,2 k €1,5 k €28,1 k €2,6 k €9,5 k €–14,3 k €18,2 k €20 k €17,8 k €44,1 k €50,9 €2 k €30,4 k €20,5 k €244 €136 €3,4 k €485 €
Debts79 k €64,6 k €125,6 k €73,5 k €43,8 k €78,2 k €54,1 k €58 k €57,2 k €55,8 k €163,1 k €37,6 k €12,4 k €10,3 k €8,2 k €7,4 k €5,1 k €16,6 k €24,4 k €
Other
Workforce–––––––––1,0 ETP––1,6 ETP1,8 ETP–––––
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Benoit Mortier

Director

Active

Ended mandates

Benoit Mortier

Administrator - manager · since 26 septembre 2001

Ended
Benoit Mortier

Manager

Ended
BENOIT MORTIER

Mandate

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date29/04/202626/08/202528/03/202430/08/202319/09/202221/06/2021
General meeting27/04/202626/08/202526/03/202430/08/202314/09/202227/05/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202527/04/202629/04/2026FrenchPDF
Micro model31/12/202426/08/202526/08/2025FrenchPDF
Micro model31/12/202326/03/202428/03/2024FrenchPDF
Micro model31/12/202230/08/202330/08/2023FrenchPDF
Micro model31/12/202114/09/202219/09/2022FrenchPDF
Micro model31/12/202027/05/202121/06/2021FrenchPDF
Micro model31/12/201910/08/202019/08/2020FrenchPDF
Micro model31/12/201830/09/201909/10/2019FrenchPDF
Micro model31/12/201725/05/201827/09/2018FrenchPDF
Micro model31/12/201626/05/201728/09/2017FrenchPDF
Abridged model31/12/201527/05/201627/09/2016FrenchPDF
Abridged model31/12/201430/05/201528/09/2015FrenchPDF
Abridged model31/12/201330/05/201411/09/2014FrenchPDF
Abridged model31/12/201231/05/201330/08/2013FrenchPDF
Abridged model31/12/201125/05/201226/09/2012FrenchPDF
Abridged model31/12/201027/05/201107/10/2011FrenchPDF
Abridged model31/12/200928/05/201031/08/2010FrenchPDF
Abridged model31/12/200829/05/200921/09/2009FrenchPDF
Abridged model31/12/200730/05/200828/08/2008FrenchPDF
Abridged model31/12/200625/05/200731/10/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 1 active · 3 ended

Active mandates

Benoit Mortier

Director

Active

Ended mandates

Benoit Mortier

Administrator - manager · since 26 septembre 2001

Ended
Benoit Mortier

Manager

Ended
BENOIT MORTIER

Mandate

Ended
Shareholders

Ownership and network

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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 202527,1 k €↑
  2. 2024
    Annual accounts 2024-21,8 k €↓
  3. 2023
    Annual accounts 202344,2 k €↑
  4. 2023
    Name changeFUSION DIRECTORY
  5. 2022
    Annual accounts 20228,2 k €↓
  6. 2021
    Annual accounts 202118,8 k €↑
  7. 2021
    Name changeOPENSIDES SPRL
  8. 2019
    Annual accounts 2019-25,6 k €↓
  9. 2018
    Annual accounts 201824,3 k €↑
  10. 2017
    Annual accounts 2017-44,1 k €↓
  11. 2016
    Annual accounts 201623 k €↑
  12. 2015
    Annual accounts 2015-35 k €↓
  13. 2014
    Annual accounts 201454,1 k €↑
  14. 2013
    Annual accounts 2013-33,1 k €↓
  15. 2012
    Annual accounts 201220,7 k €↑
  16. 2011
    Annual accounts 201111,6 k €↓
  17. 2010
    Annual accounts 201026,4 k €↑
  18. 2009
    Annual accounts 2009726 €↑
  19. 2008
    Annual accounts 2008-2,8 k €↓
  20. 2007
    Annual accounts 200710,1 k €↑
  21. 2006
    Annual accounts 2006-14,8 k €
  22. 14/03/1988
    IncorporationPrivate limited company