ACTIVE

CHEOPS TECHNOLOGY

Financial year 2025 · closed on 31/12/2025
Net result
4,7 M €
-31.2% YoY
Revenue
74,3 M €
+21.7% YoY
Equity
8,2 M €
+19.6% YoY
Workforce
336,1 ETP
+2.3% YoY

What does CHEOPS TECHNOLOGY do?

CHEOPS TECHNOLOGY is a Public limited company incorporated in 1989. Its main activity is: Computer consultancy activities. Its registered office is in Kontich. It employs on average 336,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0438.846.311
Incorporation
06/11/1989
Legal form
Public limited company
Registered office
Prins Boudewijnlaan 7B
2550 Kontich · FlandreSee on map
Contributed capital
1 000 000,00 €
Latest accounts
31/12/2025
Average workforce
336,1 ETP
Joint committees (1)
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172015201420122011201020092008
Income statement
Revenue74,3 M €61,1 M €56,9 M €46,5 M €40,3 M €35,2 M €37,7 M €36,4 M €30,4 M €18,6 M €17 M €14,5 M €12,1 M €11,6 M €9,5 M €7,9 M €
EBITDA10,3 M €9,6 M €8,2 M €7,2 M €6,7 M €5,3 M €4,4 M €5,7 M €4,8 M €2,7 M €2,3 M €1,4 M €521,2 k €935,6 k €392,2 k €578,9 k €
Operating result6,7 M €8,3 M €6,9 M €5,9 M €5,5 M €4,2 M €3,4 M €4,7 M €4,1 M €2,5 M €2 M €1,3 M €423,6 k €662,4 k €235 k €439,4 k €
Net result4,7 M €6,9 M €6,2 M €4 M €3,8 M €2,8 M €2 M €3 M €2,6 M €1,7 M €1,4 M €845,1 k €167 k €302 k €82,1 k €218,5 k €
Balance sheet
Equity8,2 M €6,9 M €6,9 M €7,7 M €5,7 M €4,2 M €3,8 M €5,7 M €4,7 M €2,9 M €2,6 M €1,5 M €920,6 k €753,6 k €511,6 k €489,5 k €
Total assets39,3 M €37,9 M €21,1 M €20,4 M €18,6 M €14,7 M €14,3 M €15,4 M €14,3 M €8,6 M €7,5 M €5 M €4,5 M €3,3 M €3,1 M €2,7 M €
Cash7 M €4,5 M €5,5 M €7,2 M €6,3 M €6,2 M €4,9 M €5,4 M €2,8 M €2,9 M €3,1 M €1,2 M €1,1 M €801,5 k €555,1 k €773,8 k €
Debts26,9 M €27,1 M €10,6 M €9,4 M €9 M €6,1 M €5,4 M €5,4 M €7,3 M €3,1 M €2,4 M €2 M €2,6 M €1,8 M €1,9 M €1,3 M €
Other
Workforce336,1 ETP328,4 ETP320,3 ETP280,0 ETP244,3 ETP248,2 ETP250,3 ETP240,5 ETP203,2 ETP111,7 ETP87,8 ETP64,1 ETP57,1 ETP57,9 ETP46,1 ETP38,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 33 ended

Active mandates

MSP Group

Director · since 13 décembre 2029 · until 06 juin 2029 · 0805.464.442

Represented by Peter Lambrecht

Active
Erromesa

Director · since 28 février 2025 · until 06 juin 2029 · 0779.322.645

Represented by Floris Pelgrims

Active
Gocom Management

Voorzitter - Gedelegeerd Bestuurder · since 29 septembre 2023 · until 06 juin 2029 · 0461.614.684

Represented by Filip Goos

Active

Ended mandates

Kristel Heyns

Director · since 07 décembre 2022

Ended
Indufin Fund Manager

Mandate · since 01 août 2019 · 0728.908.973

Represented by Jean-François Vryens

Ended
HIGHBURY

Director · since 31 juillet 2018 · 0832.137.660

Represented by Joris Rome

Ended
INDUFIN

Director · since 31 juillet 2018 · 0401.003.641

Represented by Jean-François Vryens

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 date08/05/202614/07/202505/04/202423/03/202310/03/202210/03/2021
General meeting15/04/202618/06/202528/03/202414/03/202308/03/202205/03/2021
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
Full model31/12/202515/04/202608/05/2026DutchPDF
Full model31/12/202418/06/202514/07/2025DutchPDF
Full model31/12/202328/03/202405/04/2024DutchPDF
Full model31/12/202214/03/202323/03/2023DutchPDF
Full model31/12/202108/03/202210/03/2022DutchPDF
Full model31/12/202005/03/202110/03/2021DutchPDF
Full model31/12/201906/04/202016/04/2020DutchPDF
Full model31/12/201811/03/201928/03/2019DutchPDF
Full model31/12/201728/03/201830/03/2018DutchPDF
Full model31/12/201603/03/201703/03/2017DutchPDF
Full model31/12/201530/03/201630/03/2016DutchPDF
Full model31/12/201403/03/201505/03/2015DutchPDF
Full model31/12/201328/03/201431/03/2014DutchPDF
Full model31/12/201229/03/201309/04/2013DutchPDF
Full model31/12/201108/06/201208/06/2012DutchPDF
Full model31/12/201013/05/201131/05/2011DutchPDF
Abridged model31/12/200902/06/201018/06/2010DutchPDF
Abridged model31/12/200815/05/200920/05/2009DutchPDF
Abridged model31/12/200719/05/200805/06/2008DutchPDF
Abridged model31/12/200623/04/200722/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 3 active · 33 ended

Active mandates

MSP Group

Director · since 13 décembre 2029 · until 06 juin 2029 · 0805.464.442

Represented by Peter Lambrecht

Active
Erromesa

Director · since 28 février 2025 · until 06 juin 2029 · 0779.322.645

Represented by Floris Pelgrims

Active
Gocom Management

Voorzitter - Gedelegeerd Bestuurder · since 29 septembre 2023 · until 06 juin 2029 · 0461.614.684

Represented by Filip Goos

Active

Ended mandates

Kristel Heyns

Director · since 07 décembre 2022

Ended
Indufin Fund Manager

Mandate · since 01 août 2019 · 0728.908.973

Represented by Jean-François Vryens

Ended
HIGHBURY

Director · since 31 juillet 2018 · 0832.137.660

Represented by Joris Rome

Ended
INDUFIN

Director · since 31 juillet 2018 · 0401.003.641

Represented by Jean-François Vryens

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring30/10/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring01/09/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring27/08/2025
    DOEL - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring24/06/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates03/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/07/2024
    ONTSLAGEN - BENOEMINGEN
    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 20246,9 M €
  3. 2023
    Annual accounts 20236,2 M €
  4. 2022
    Annual accounts 20224 M €
  5. 2021
    Annual accounts 20213,8 M €
  6. 2020
    Annual accounts 20202,8 M €
  7. 2019
    Annual accounts 20192 M €
  8. 2018
    Annual accounts 20183 M €
  9. 2017
    Annual accounts 20172,6 M €
  10. 2015
    Annual accounts 20151,7 M €
  11. 2014
    Annual accounts 20141,4 M €
  12. 2012
    Annual accounts 2012845,1 k €
  13. 2011
    Annual accounts 2011167 k €
  14. 2010
    Annual accounts 2010302 k €
  15. 2009
    Annual accounts 200982,1 k €
  16. 2008
    Annual accounts 2008218,5 k €
  17. 06/11/1989
    IncorporationPublic limited company