ACTIVE

i-City

Financial year 2025 · closed on 31/12/2025
Net result
21,4 k €
-80.4% YoY
Revenue
57,5 M €
-19.3% YoY
Equity
1,8 M €
+1.2% YoY
Workforce
176,6 ETP
+0.6% YoY

What does i-City do?

i-City is a Non-profit organization incorporated in 1993. 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
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201720162015201420122011
Income statement
Revenue57,5 M €71,3 M €62,5 M €57,9 M €51,7 M €53,8 M €44,4 M €30,5 M €28,8 M €29,7 M €28,6 M €19,7 M €16,8 M €
EBITDA-37,9 k €2,1 M €417,2 k €761,8 k €584,8 k €943,6 k €3,5 M €869,3 k €968,9 k €-1 M €721,8 k €600,4 k €969,7 k €
Operating result3,4 k €62,9 k €172,3 k €262,6 k €-500 k €-404,9 k €2,2 M €-509,7 k €303,5 k €165,4 k €418,4 k €315,6 k €752,9 k €
Net result21,4 k €109,4 k €198,9 k €255,4 k €-518,4 k €-407,3 k €2,5 M €-517,1 k €301,8 k €965,8 k €477,4 k €379,4 k €588,1 k €
Balance sheet
Equity1,8 M €1,8 M €1,7 M €1,5 M €1,3 M €1,8 M €2,2 M €-1,1 M €-623,4 k €-925,3 k €-1,9 M €-3,6 M €-4 M €
Total assets19,3 M €21 M €18,2 M €28,2 M €21,2 M €20,9 M €21,9 M €16,9 M €15,3 M €15,9 M €14 M €15,1 M €8,2 M €
Cash5,3 M €3,2 M €4,6 M €417,6 k €2,7 M €2,1 M €1,1 M €4 M €3,4 M €2,7 M €5,2 M €5,3 M €5,1 M €
Debts17 M €18,1 M €15,7 M €23 M €18,6 M €17,1 M €15,6 M €13,2 M €11,2 M €12,4 M €11,6 M €14,2 M €9,9 M €
Other
Workforce176,6 ETP175,5 ETP159,3 ETP150,9 ETP157,2 ETP157,7 ETP147,9 ETP120,8 ETP115,5 ETP111,5 ETP104,8 ETP95,5 ETP88,9 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 · 17 active · 77 ended

Active mandates

Jean-Louis GILLES

Director · since 24 novembre 2025

Active
Zaccaria MOUDDEN

Director · since 24 novembre 2025

Active
Frédéric DE GUCHT

Director · since 20 mai 2025

Active
Gerlica QENDRESA

Director · since 20 mai 2025

Active
Isabelle GELAS

Director · since 20 mai 2025

Active
Ismaël NUINO

Director · since 20 mai 2025

Active
Mamadou Cellou DIALLO

Director · since 20 mai 2025

Active
Mohamed OURIAGHLI

Director · since 20 mai 2025

Active
Clémentine BUGGENHOUT

Chairman of the board of directors · since 01 décembre 2024

Active
Eden LIONDJO

Director · since 19 mars 2024 · until 20 mai 2025

Active
Thomas DOESSELAERE

Director · since 17 mai 2023 · until 20 mai 2025

Active
Nastassia DAUMAS

Director · since 25 octobre 2022 · until 25 février 2025

Active
Erik HULSBOSCH

Director · since 21 janvier 2020 · until 20 mai 2025

Active
Saîda BAKKALI

Director · since 21 janvier 2020 · until 20 mai 2025

Active
Centre Public d'Action Sociale de Bruxelles

Director · since 06 janvier 1993 · 0212.346.955

Represented by Rita GLINEUR

Active
Région de Bruxelles-Capitale

Director · since 06 janvier 1993 · 0233.884.123

Represented by Nicolas LOCOGE

Active
Ville de Bruxelles

Director · since 06 janvier 1993 · 0207.373.429

Represented by Emilie DUPONT

Active

Ended mandates

Clémentine BUGGENHOUT

Chairman of the board of directors · since 01 décembre 2024 · until 01 décembre 2030

Ended
Benhur Yusf ERGEN

Chairman of the board of directors · since 01 juillet 2024 · until 01 décembre 2024

Ended
Eden LIONDJO

Director · since 19 mars 2024 · until 21 janvier 2026

Ended
Thomas DOESSELAERE

Director · since 17 mai 2023 · until 03 décembre 2024

Ended
At this address

Other companies at this address

CompanyCBE no.
0450.205.308
BAPA BXLActive
0633.894.307
0862.382.755
0443.265.452
0874.465.589
0453.101.450
1015.357.891
0453.199.341
TINTINNABULUMActive
0877.446.558
UNITE 1000Active
0848.032.594
0207.373.429
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 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
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

24 filings with the NBB

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
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 · 17 active · 77 ended

Active mandates

Jean-Louis GILLES

Director · since 24 novembre 2025

Active
Zaccaria MOUDDEN

Director · since 24 novembre 2025

Active
Frédéric DE GUCHT

Director · since 20 mai 2025

Active
Gerlica QENDRESA

Director · since 20 mai 2025

Active
Isabelle GELAS

Director · since 20 mai 2025

Active
Ismaël NUINO

Director · since 20 mai 2025

Active
Mamadou Cellou DIALLO

Director · since 20 mai 2025

Active
Mohamed OURIAGHLI

Director · since 20 mai 2025

Active
Clémentine BUGGENHOUT

Chairman of the board of directors · since 01 décembre 2024

Active
Eden LIONDJO

Director · since 19 mars 2024 · until 20 mai 2025

Active
Thomas DOESSELAERE

Director · since 17 mai 2023 · until 20 mai 2025

Active
Nastassia DAUMAS

Director · since 25 octobre 2022 · until 25 février 2025

Active
Erik HULSBOSCH

Director · since 21 janvier 2020 · until 20 mai 2025

Active
Saîda BAKKALI

Director · since 21 janvier 2020 · until 20 mai 2025

Active
Centre Public d'Action Sociale de Bruxelles

Director · since 06 janvier 1993 · 0212.346.955

Represented by Rita GLINEUR

Active
Région de Bruxelles-Capitale

Director · since 06 janvier 1993 · 0233.884.123

Represented by Nicolas LOCOGE

Active
Ville de Bruxelles

Director · since 06 janvier 1993 · 0207.373.429

Represented by Emilie DUPONT

Active

Ended mandates

Clémentine BUGGENHOUT

Chairman of the board of directors · since 01 décembre 2024 · until 01 décembre 2030

Ended
Benhur Yusf ERGEN

Chairman of the board of directors · since 01 juillet 2024 · until 01 décembre 2024

Ended
Eden LIONDJO

Director · since 19 mars 2024 · until 21 janvier 2026

Ended
Thomas DOESSELAERE

Director · since 17 mai 2023 · until 03 décembre 2024

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • 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

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 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. 2011
    Name changeGestion de l'informatique pour les Administrations locales
  16. 06/01/1993
    IncorporationNon-profit organization