ACTIVE

i-City

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Financial year 2025 · Closed on 31/12/2025

Net result21,4 k €-80,4 %over 1 year
Revenue57,5 M €-19,3 %over 1 year
Equity1,8 M €+1,2 %over 1 year
Workforce176,6 ETP+0,6 %over 1 year

Identity

Source · BCE/KBO

i-City is a Non-profit organization incorporated in 1993. Its main activity is: Computer consultancy activities. Its registered office is in Bruxelles. It employs on average 176,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0449.971.914
Incorporation
06/01/1993
Legal form
Non-profit organization
Registered office
Rue des Halles 4
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
176,6 ETP
Joint committees (3)
  • 100
  • 200
  • 337
Signals
ProfitableGood liquidityHigh revenue

Financials

Source · NBB, 24 filings

Trend over 13 financial years

20252024202320222021
Income statement
Revenue57,5 M €71,3 M €62,5 M €57,9 M €51,7 M €
EBITDA-37,9 k €2,1 M €417,2 k €761,8 k €584,8 k €
Operating result3,4 k €62,9 k €172,3 k €262,6 k €-500 k €
Net result21,4 k €109,4 k €198,9 k €255,4 k €-518,4 k €
Balance sheet
Equity1,8 M €1,8 M €1,7 M €1,5 M €1,3 M €
Total assets19,3 M €21 M €18,2 M €28,2 M €21,2 M €
Cash5,3 M €3,2 M €4,6 M €417,6 k €2,7 M €
Debts17 M €18,1 M €15,7 M €23 M €18,6 M €
Other
Workforce176,6 ETP175,5 ETP159,3 ETP150,9 ETP157,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

17 active · 43 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jean-Louis GILLES
Directorsince 24/11/2025
Zaccaria MOUDDEN
Directorsince 24/11/2025
Frédéric DE GUCHT
Directorsince 20/05/2025
Gerlica QENDRESA
Directorsince 20/05/2025
Isabelle GELAS
Directorsince 20/05/2025
Ismaël NUINO
Directorsince 20/05/2025
Mamadou Cellou DIALLO
Directorsince 21/01/2020
Mohamed OURIAGHLI
Directorsince 20/05/2025
Clémentine BUGGENHOUT
Chairman of the board of directorssince 01/12/2024
Eden LIONDJO
Director19/03/2024 → 21/01/2026
Thomas DOESSELAERE
Director17/05/2023 → 21/01/2026
Nastassia DAUMAS
Director25/10/2022 → 21/01/2026
Erik HULSBOSCH
Director21/01/2020 → 21/01/2026
Saîda BAKKALI
Director21/01/2020 → 21/01/2026
Centre Public d'Action Sociale de Bruxelles0212.346.955Represented by Rita GLINEUR
Directorsince 06/01/1993
Région de Bruxelles-Capitale0233.884.123Represented by Nicolas LOCOGE
Directorsince 06/01/1993
Ville de Bruxelles0207.373.429Represented by Emilie DUPONT
Directorsince 06/01/1993

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Benhur Yusf ERGEN
Chairman of the board of directors01/07/2024 → 01/12/2024
Eline CHIVOT
Director24/04/2023 → 24/10/2023
Nastassia DAUMAS
Director25/10/2022 → 2023 accounts
Dounia MOHAMMADI
Director26/04/2022 → 24/04/2023

Other companies at this address

Rue des Halles 4 1000 Bruxelles
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BRAVVO Bruxelles-Brussel AVance VOoruit● Active
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Brufête-Brufeest● Active
0443.265.452
BRUSSEL SOLIDARITE INTERNATIONALE-BRUSSEL INTERNATIONALE SOLIDARITEIT● Active
0874.465.589
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TINTINNABULUM● Active
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Ville de Bruxelles● Active
0207.373.429

Full financial information

Source · NBB
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 date01/07/202623/06/202514/10/202407/07/202322/08/202201/07/2021
General meeting22/06/202617/06/202511/06/202420/06/202312/07/202222/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 24 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202522/06/202601/07/2026FrenchPDF
Full model31/12/202417/06/202523/06/2025FrenchPDF
Full modelCorrection31/12/202311/06/202414/10/2024FrenchPDF
Full model31/12/202311/06/202413/06/2024FrenchPDF
Full modelCorrection31/12/202220/06/202307/07/2023FrenchPDF
Full model31/12/202220/06/202329/06/2023FrenchPDF
Full model31/12/202112/07/202222/08/2022FrenchPDF
Full model31/12/202022/06/202101/07/2021FrenchPDF
Full model31/12/201917/09/202005/10/2020FrenchPDF
Full model31/12/201821/06/201924/06/2019FrenchPDF
Full model31/12/201706/06/201803/07/2018FrenchPDF
Full model31/12/201623/05/201718/07/2017FrenchPDF
Full model31/12/201524/05/201601/07/2016FrenchPDF
Full modelCorrection31/12/201419/05/201530/09/2016FrenchPDF
Full model31/12/201419/05/201516/07/2015FrenchPDF
Full model31/12/201327/05/201426/06/2014FrenchPDF
Full model31/12/201211/06/201328/08/2013FrenchPDF
Full model31/12/201111/06/201210/07/2012FrenchPDF
Full model31/12/201020/06/201107/07/2011FrenchPDF
Full model31/12/200914/06/201028/07/2010FrenchPDF
Full model31/12/200822/06/200903/07/2009FrenchPDF
Full modelCorrection31/12/200716/06/200823/01/2009FrenchPDF
Full model31/12/200716/06/200827/11/2008FrenchPDF
Full model31/12/200618/06/200730/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

17 active · 43 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jean-Louis GILLES
Directorsince 24/11/2025
Zaccaria MOUDDEN
Directorsince 24/11/2025
Frédéric DE GUCHT
Directorsince 20/05/2025
Gerlica QENDRESA
Directorsince 20/05/2025
Isabelle GELAS
Directorsince 20/05/2025
Ismaël NUINO
Directorsince 20/05/2025
Mamadou Cellou DIALLO
Directorsince 21/01/2020
Mohamed OURIAGHLI
Directorsince 20/05/2025
Clémentine BUGGENHOUT
Chairman of the board of directorssince 01/12/2024
Eden LIONDJO
Director19/03/2024 → 21/01/2026
Thomas DOESSELAERE
Director17/05/2023 → 21/01/2026
Nastassia DAUMAS
Director25/10/2022 → 21/01/2026
Erik HULSBOSCH
Director21/01/2020 → 21/01/2026
Saîda BAKKALI
Director21/01/2020 → 21/01/2026
Centre Public d'Action Sociale de Bruxelles0212.346.955Represented by Rita GLINEUR
Directorsince 06/01/1993
Région de Bruxelles-Capitale0233.884.123Represented by Nicolas LOCOGE
Directorsince 06/01/1993
Ville de Bruxelles0207.373.429Represented by Emilie DUPONT
Directorsince 06/01/1993

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Benhur Yusf ERGEN
Chairman of the board of directors01/07/2024 → 01/12/2024
Eline CHIVOT
Director24/04/2023 → 24/10/2023
Nastassia DAUMAS
Director25/10/2022 → 2023 accounts
Dounia MOHAMMADI
Director26/04/2022 → 24/04/2023

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/04/2026
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Mandates16/04/2026
    DEMISSIONS, NOMINATIONS - DIVERS
    PDF
  • Mandates20/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/05/2025
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings13 filings
Mandates
Jean-Louis GILLES
Zaccaria MOUDDEN
Isabelle GELAS
Frédéric DE GUCHT
Mohamed OURIAGHLI
Mamadou Cellou DIALLO
Gerlica QENDRESA
Ismaël NUINO
Clémentine BUGGENHOUT
Eden LIONDJO
Thomas DOESSELAERE
Nastassia DAUMAS
1993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
i-CityGestion de l'informatique pour les Administrations locales
Rue des Halles 4, 1000 Brussels
Director
Director
Director
Director
Director
Director
Chairman of the board of directors
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue des Halles 4, 1000 BrusselsCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00251358
Boulevard Emile Jacqmain 95, 1000 Brussels
accounts 2021
Accounts 2021 · 2022-20311832

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
i-CityCurrent
accounts 2019 → 2025
Accounts 2025 · 2026-00251358
Gestion de l'informatique pour les Administrations locales
accounts 2011 → 2017
Accounts 2017 · 2018-30400551

Events

  1. 2025
    Annual accounts 202521,4 k €↓
  2. 2024
    Annual accounts 2024109,4 k €↓
  3. 2023
    Annual accounts 2023198,9 k €↓
  4. 2022
    Annual accounts 2022255,4 k €↑
  5. 2021
    Annual accounts 2021-518,4 k €↓
  6. 2020
    Annual accounts 2020-407,3 k €↓
  7. 2019
    Annual accounts 20192,5 M €↑
  8. 2019
    Name changei-City
  9. 2017
    Annual accounts 2017-517,1 k €↓
  10. 2016
    Annual accounts 2016301,8 k €↓
  11. 2015
    Annual accounts 2015965,8 k €↑
  12. 2014
    Annual accounts 2014477,4 k €↑
  13. 2012
    Annual accounts 2012379,4 k €↓
  14. 2011
    Annual accounts 2011588,1 k €
  15. 06/01/1993
    IncorporationNon-profit organization