ACTIVE

ENFOCUS

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Financial year 2025 · closed on 31/12/2025

Net result

4,6 M €

+6.3% YoY

Revenue

15,8 M €

+4.4% YoY

Equity

120,5 M €

-6.9% YoY

Workforce

35,2 ETP

-0.6% YoY

What does ENFOCUS do?

ENFOCUS is a Private limited company incorporated in 1992. Its main activity is: Computer programming activities. Its registered office is in Gent. It employs on average 35,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.108.029

Incorporation

07/09/1992

Legal form

Private limited company

Registered office

Raymonde de Larochelaan 13
9051 Gent · FlandreSee on map

Contributed capital

114 007 489,21 €

Latest accounts

31/12/2025

Average workforce

35,2 ETP

Activities (NACE)

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

Joint committees (3)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009
Income statement
Revenue	15,8 M €	+4.4%	15,1 M €	+5.3%	14,3 M €	+7.2%	13,4 M €	+8.3%	12,3 M €	+9.3%	11,3 M €	-7.0%	12,1 M €	+6.6%	11,4 M €	+14.5%	9,9 M €	+2.4%	9,7 M €	+6.2%	9,1 M €	+10.0%	8,3 M €	+3.4%	8 M €	+11.3%	7,2 M €	+11.2%	6,5 M €	+15.9%	5,6 M €
EBITDA	6,4 M €	+9.6%	5,9 M €	+2.8%	5,7 M €	-0.0%	5,7 M €	+12.9%	5,1 M €	-2.3%	5,2 M €	-9.2%	5,7 M €	+7.3%	5,3 M €	+23.1%	4,3 M €	+45.6%	3 M €	+35.8%	2,2 M €	-22.0%	2,8 M €	+14.6%	2,4 M €	+32.8%	1,8 M €	-20.0%	2,3 M €	+4.0%	2,2 M €
Operating result	5,2 M €	+12.8%	4,6 M €	-2.3%	4,7 M €	+9.9%	4,3 M €	+5.7%	4,1 M €	-4.4%	4,3 M €	-12.6%	4,9 M €	+16.9%	4,2 M €	+21.1%	3,5 M €	+61.8%	2,1 M €	+91.6%	1,1 M €	-35.2%	1,7 M €	+39.8%	1,2 M €	+5.4%	1,2 M €	+106%	567,6 k €	-3.8%	589,8 k €
Net result	4,6 M €	+6.3%	4,3 M €	+12.0%	3,9 M €	+11.6%	3,5 M €	-6.1%	3,7 M €	-6.1%	3,9 M €	-67.0%	12 M €	+299%	3 M €	-86.3%	21,9 M €	+1390%	1,5 M €	+81.1%	811 k €	-35.4%	1,3 M €	+44.3%	869,1 k €	-87.7%	7,1 M €	+4884%	141,6 k €	+99.2%	71,1 k €
Balance sheet
Equity	120,5 M €	-6.9%	129,5 M €	+3.5%	125,1 M €	+3.2%	121,2 M €	-20.6%	152,8 M €	-34.2%	232,1 M €	+1.7%	228,1 M €	+2.7%	222,2 M €	+1.4%	219,2 M €	+6.2%	206,4 M €	-0.2%	206,7 M €	+1975%	10 M €	+14.4%	8,7 M €	+10.8%	7,9 M €	+825%	849,2 k €	+11.3%	762,7 k €
Total assets	141,9 M €	+3.9%	136,6 M €	+2.4%	133,3 M €	+3.3%	129,1 M €	-29.0%	181,9 M €	-23.2%	236,9 M €	+1.0%	234,4 M €	+0.0%	234,4 M €	+1.2%	231,5 M €	+5.1%	220,4 M €	+0.5%	219,3 M €	+1584%	13 M €	+1.5%	12,8 M €	+22.9%	10,4 M €	+160%	4 M €	-16.8%	4,8 M €
Cash	13,8 M €	+75.0%	7,9 M €	+69.3%	4,7 M €	+326%	1,1 M €	-96.2%	28,4 M €	+82.0%	15,6 M €	+841%	1,7 M €	-81.5%	9 M €	+43.2%	6,3 M €	+514%	1 M €	-95.0%	20,6 M €	+128%	9 M €	+1.8%	8,8 M €	+1653%	504,3 k €	+2663%	18,3 k €		–
Debts	15,8 M €	+524%	2,5 M €	-37.7%	4,1 M €	+6.9%	3,8 M €	-85.2%	25,8 M €	+1457%	1,7 M €	-47.2%	3,1 M €	-67.1%	9,5 M €	-1.6%	9,7 M €	-21.7%	12,4 M €	+8.0%	11,5 M €	+425%	2,2 M €	-35.8%	3,4 M €	+66.5%	2 M €	-28.0%	2,8 M €	-26.0%	3,8 M €
Other
Workforce	35,2 ETP	-0.6%	35,4 ETP	+2.6%	34,5 ETP	-5.2%	36,4 ETP	-3.2%	37,6 ETP	-3.8%	39,1 ETP	+4.3%	37,5 ETP	+5.3%	35,6 ETP	+2.3%	34,8 ETP	-4.4%	36,4 ETP	+3.1%	35,3 ETP	+5.1%	33,6 ETP	+1.5%	33,1 ETP	-3.2%	34,2 ETP	+5.6%	32,4 ETP	+0.6%	32,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 21 ended

Active mandates

Björn Willems

Director · since 14 mars 2024

Active

Marijn Van Overschelde

Director · since 01 août 2021

Active

Stefaan Deveen

Director · since 01 août 2021

Active

Ended mandates

Felix Hornicek

Director · since 01 janvier 2020 · until 31 juillet 2021

Ended

Felix Hornicek

Director · since 01 janvier 2020

Ended

Wim Fransen

Director · since 14 décembre 2018 · until 14 mars 2024

Ended

Wim Fransen

Director · since 14 décembre 2018

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	22/05/2026	05/06/2025	06/06/2024	11/07/2023	30/06/2022	03/06/2021
General meeting	04/05/2026	02/05/2025	02/05/2024	28/06/2023	02/06/2022	26/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	04/05/2026	22/05/2026	Dutch	PDF
Full model	31/12/2024	02/05/2025	05/06/2025	Dutch	PDF
Full model	31/12/2023	02/05/2024	06/06/2024	Dutch	PDF
Full model	31/12/2022	28/06/2023	11/07/2023	Dutch	PDF
Full model	31/12/2021	02/06/2022	30/06/2022	Dutch	PDF
Full model	31/12/2020	26/05/2021	03/06/2021	Dutch	PDF
Full model	31/12/2019	20/05/2020	07/07/2020	Dutch	PDF
Full model	31/12/2018	02/05/2019	06/06/2019	Dutch	PDF
Full model	31/12/2017	02/05/2018	06/06/2018	Dutch	PDF
Full model	31/12/2016	02/05/2017	01/06/2017	Dutch	PDF
Full model	31/12/2015	02/05/2016	12/05/2016	Dutch	PDF
Full model	31/12/2014	04/05/2015	12/05/2015	Dutch	PDF
Full model	31/12/2013	02/05/2014	16/05/2014	Dutch	PDF
Full model	31/12/2012	02/05/2013	21/05/2013	Dutch	PDF
Full model	31/12/2011	02/05/2012	01/06/2012	Dutch	PDF
Full model	31/12/2010	14/03/2011	29/03/2011	Dutch	PDF
Full model	31/12/2009	14/05/2010	20/05/2010	Dutch	PDF
Full model	31/12/2008	08/05/2009	28/05/2009	Dutch	PDF
Full model	31/12/2007	09/05/2008	31/07/2008	Dutch	PDF
Full model	30/09/2006	02/03/2007	20/03/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 21 ended

Active mandates

Björn Willems

Director · since 14 mars 2024

Active

Marijn Van Overschelde

Director · since 01 août 2021

Active

Stefaan Deveen

Director · since 01 août 2021

Active

Ended mandates

Felix Hornicek

Director · since 01 janvier 2020 · until 31 juillet 2021

Ended

Felix Hornicek

Director · since 01 janvier 2020

Ended

Wim Fransen

Director · since 14 décembre 2018 · until 14 mars 2024

Ended

Wim Fransen

Director · since 14 décembre 2018

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/09/2026
Herbenoeming van de commissaris
PDF
Mandates19/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office29/12/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates11/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2020
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

2025
Annual accounts 20254,6 M €↑
2024
Annual accounts 20244,3 M €↑
14/03/2024
nominationBjörn Willems — bestuurder
2023
Annual accounts 20233,9 M €↑
29/06/2023
reconductionEY Bedrijfsrevisoren — commissaris
2022
Annual accounts 20223,5 M €↓
2021
Annual accounts 20213,7 M €↓
2020
Annual accounts 20203,9 M €↓
2019
Annual accounts 201912 M €↑
2018
Annual accounts 20183 M €↓
2017
Annual accounts 201721,9 M €↑
2015
Annual accounts 20151,5 M €↑
2014
Annual accounts 2014811 k €↓
2013
Annual accounts 20131,3 M €↑
2012
Annual accounts 2012869,1 k €↓
2011
Annual accounts 20117,1 M €↑
2010
Annual accounts 2010141,6 k €↑
2009
Annual accounts 200971,1 k €
07/09/1992
IncorporationPrivate 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

ENFOCUS

Overview

What does ENFOCUS do?

Trend over 16 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