ACTIVE

INFISO

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Financial year 2025 · closed on 31/12/2025

Net result

6,9 M €

+140.2% YoY

Revenue

10,1 M €

+197.3% YoY

Equity

72,5 M €

+10.5% YoY

What does INFISO do?

INFISO is a Public limited company incorporated in 1995. Its main activity is: Management consultancy activities. Its registered office is in Herve.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.069.659

Incorporation

14/04/1995

Legal form

Public limited company

Registered office

Avenue du Parc 22
4650 Herve · WallonieSee on map

Contributed capital

10 271 223,16 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 46110Agents involved in the sale of agricultural raw materials, live animals, textile raw materials and semi-finished goods 46110Agents involved in the sale of agricultural raw materials, live animals, textile raw materials and semi-finished goods

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	10,1 M €	+197%	3,4 M €	+180%	1,2 M €	-0.8%	1,2 M €	+106%	595 k €	-24.3%	786,1 k €	-17.5%	953,3 k €	-67.2%	2,9 M €	+39.6%	2,1 M €	+33.5%	1,6 M €		–		–		–		–		–		–		–
EBITDA	8,5 M €	+236%	2,5 M €	+281%	666,1 k €	+146%	-1,4 M €	-696%	242,7 k €	-50.0%	485,3 k €	-30.3%	696,5 k €	-70.8%	2,4 M €	+36.3%	1,7 M €	+28.8%	1,4 M €	+16.2%	1,2 M €	-17.1%	1,4 M €	-5.8%	1,5 M €	+14.1%	1,3 M €	-9.8%	1,5 M €	+129%	635,6 k €	+3.3%	615,1 k €
Operating result	8,5 M €	+236%	2,5 M €	+356%	-992,7 k €	+31.3%	-1,4 M €	-696%	242,7 k €	-49.4%	479,2 k €	-30.6%	690,4 k €	-70.5%	2,3 M €	+37.2%	1,7 M €	+27.7%	1,3 M €	+16.5%	1,1 M €	-17.3%	1,4 M €	-5.9%	1,5 M €	+14.2%	1,3 M €	-10.0%	1,4 M €	+128%	628,8 k €	+2.2%	615,1 k €
Net result	6,9 M €	+140%	2,9 M €	+1194%	-262 k €	-101%	32,1 M €	+221166%	14,5 k €	-95.2%	303,7 k €	-37.8%	487,9 k €	-90.3%	5 M €	+247%	1,4 M €	+26.0%	1,1 M €	+37.9%	833,4 k €	-31.6%	1,2 M €	-8.1%	1,3 M €	+5.2%	1,3 M €	-8.9%	1,4 M €	+132%	596 k €	+8.2%	550,6 k €
Balance sheet
Equity	72,5 M €	+10.5%	65,6 M €	+4.6%	62,7 M €	-0.4%	63 M €	+85.9%	33,9 M €	+4.8%	32,3 M €	+0.9%	32 M €	+56.2%	20,5 M €	+28.3%	16 M €	+9.4%	14,6 M €	+8.5%	13,5 M €	+6.6%	12,6 M €	+10.7%	11,4 M €	+13.2%	10,1 M €	+13.6%	8,9 M €	+17.7%	7,5 M €	+7.8%	7 M €
Total assets	79,6 M €	+10.9%	71,8 M €	+4.8%	68,5 M €	+3.7%	66 M €	+11.2%	59,4 M €	+24.4%	47,7 M €	+10.7%	43,1 M €	+57.8%	27,3 M €	+11.7%	24,5 M €	+26.2%	19,4 M €	-0.4%	19,5 M €	-1.9%	19,9 M €	-0.3%	19,9 M €	+8.7%	18,4 M €	-0.5%	18,5 M €	+58.6%	11,6 M €	+5.7%	11 M €
Cash	628,1 k €	+33.3%	471,3 k €	-10.0%	523,4 k €	-76.1%	2,2 M €	+6.7%	2,1 M €	+305%	506,2 k €	-31.7%	741,6 k €	-33.7%	1,1 M €	+259%	311,7 k €	+19.8%	260,3 k €	+143%	107,1 k €	-46.9%	201,5 k €	+588%	29,3 k €	-96.1%	741,8 k €	+255%	209 k €	-74.7%	825 k €	+103%	405,7 k €
Debts	7,1 M €	+14.6%	6,2 M €	+7.8%	5,8 M €	+90.0%	3 M €	-88.1%	25,5 M €	+65.3%	15,4 M €	+53.8%	10 M €	+47.0%	6,8 M €	-19.7%	8,5 M €	+77.1%	4,8 M €	-20.6%	6 M €	-16.8%	7,3 M €	-15.0%	8,5 M €	+3.2%	8,3 M €	-13.6%	9,6 M €	+134%	4,1 M €	+2.1%	4 M €
Other
Workforce	–		–		–		–		–		–		–		1,5 ETP	+87.5%	0,8 ETP	+60.0%	0,5 ETP	-16.7%	0,6 ETP	0.0%	0,6 ETP	-60.0%	1,5 ETP	0.0%	1,5 ETP	-6.3%	1,6 ETP	+60.0%	1,0 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 · 1 active · 4 ended

Active mandates

Victor Léopold BOSQUIN

Director · since 12 janvier 2001

Active

Ended mandates

GEFISO

Manager · since 03 septembre 2013 · 0444.571.685

Represented by Marin BOSQUIN

Ended

VICTOR LEOPOLD BOSQUIN

Director · since 12 février 2001

Ended

Victor Léopold BOSQUIN

Manager · since 12 janvier 2001

Ended

Victor Léopold BOSQUIN

Director

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	28/08/2026	29/08/2025	30/08/2024	29/08/2023	31/08/2022	01/10/2021
General meeting	19/05/2026	20/05/2025	21/05/2024	10/06/2023	10/06/2022	25/05/2021
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

23 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/05/2026	28/08/2026	French	PDF
Full model	31/12/2024	20/05/2025	29/08/2025	French	PDF
Full model	31/12/2023	21/05/2024	30/08/2024	French	PDF
Full model	31/12/2022	10/06/2023	29/08/2023	French	PDF
Full model	31/12/2021	10/06/2022	31/08/2022	French	PDF
Full model	31/12/2020	25/05/2021	01/10/2021	French	PDF
Full model	31/12/2019	03/07/2020	16/09/2020	French	PDF
Full modelCorrection	31/12/2018	15/05/2019	07/10/2019	French	PDF
Full model	31/12/2018	15/05/2019	29/08/2019	French	PDF
Full model	31/12/2017	16/05/2018	31/08/2018	French	PDF
Full modelCorrection	31/12/2016	16/05/2017	19/10/2017	French	PDF
Full modelCorrection	31/12/2016	16/05/2017	22/08/2017	French	PDF
Full model	31/12/2016	16/05/2017	18/08/2017	French	PDF
Full model	31/12/2015	17/05/2016	05/09/2016	French	PDF
Full model	31/12/2014	28/06/2015	25/08/2015	French	PDF
Full model	31/12/2013	28/06/2014	02/10/2014	French	PDF
Abridged model	31/12/2012	28/06/2013	17/07/2013	French	PDF
Abridged model	31/12/2011	15/05/2012	10/07/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	29/08/2011	French	PDF
Abridged model	31/12/2009	18/05/2010	30/06/2010	French	PDF
Abridged model	31/12/2008	19/05/2009	25/06/2009	French	PDF
Abridged model	31/12/2007	20/05/2008	24/06/2008	French	PDF
Abridged model	31/12/2006	15/05/2007	23/07/2007	French	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 · 1 active · 4 ended

Active mandates

Victor Léopold BOSQUIN

Director · since 12 janvier 2001

Active

Ended mandates

GEFISO

Manager · since 03 septembre 2013 · 0444.571.685

Represented by Marin BOSQUIN

Ended

VICTOR LEOPOLD BOSQUIN

Director · since 12 février 2001

Ended

Victor Léopold BOSQUIN

Manager · since 12 janvier 2001

Ended

Victor Léopold BOSQUIN

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares24/01/2023
CAPITAL, ACTIONS
PDF
Restructuring25/06/2021
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates23/01/2020
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates02/07/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates02/07/2019
DEMISSIONS, NOMINATIONS
PDF
Capital / shares22/01/2018
CAPITAL, ACTIONS
PDF
Mandates16/03/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates23/09/2013
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

2025
Annual accounts 20256,9 M €↑
2024
Annual accounts 20242,9 M €↑
2023
Annual accounts 2023-262 k €↓
2022
Annual accounts 202232,1 M €↑
2021
Annual accounts 202114,5 k €↓
2018
Annual accounts 2018303,7 k €↓
2017
Annual accounts 2017487,9 k €↓
2015
Annual accounts 20155 M €↑
2014
Annual accounts 20141,4 M €↑
2013
Annual accounts 20131,1 M €↑
2012
Annual accounts 2012833,4 k €↓
2011
Annual accounts 20111,2 M €↓
2010
Annual accounts 20101,3 M €↑
2009
Annual accounts 20091,3 M €↓
2008
Annual accounts 20081,4 M €↑
2007
Annual accounts 2007596 k €↑
2006
Annual accounts 2006550,6 k €
14/04/1995
IncorporationPublic 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

INFISO

Overview

What does INFISO do?

Trend over 17 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