ACTIVE

IPSOS

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Financial year 2025 · Closed on 31/12/2025

Net result3,4 M €+31,0 %over 1 year

Revenue58,6 M €+2,8 %over 1 year

Equity9,8 M €+16,5 %over 1 year

Workforce176,4 ETP+5,4 %over 1 year

Identity

Source · BCE/KBO

IPSOS is a Public limited company incorporated in 1996. Its main activity is: Management consultancy activities. Its registered office is in Antwerpen. It employs on average 176,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0456.823.775
Incorporation: 04/01/1996
Legal form: Public limited company
Registered office: Grotesteenweg 110
2600 Antwerpen · FlandreSee on map
Contributed capital: 1 895 076,00 €
Latest accounts: 31/12/2025
Average workforce: 176,4 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 73200Market research and public opinion polling 73200Market research and public opinion polling 74131Specialised design activities 74142Specialised design activities

Joint committees (2)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	58,6 M €	+2.8%	57 M €	+5.4%	54 M €	+9.9%	49,2 M €	+7.2%	45,9 M €
EBITDA	5,1 M €	+3.6%	5 M €	+14.1%	4,3 M €	-14.9%	5,1 M €	+20.4%	4,2 M €
Operating result	4,6 M €	+4.5%	4,4 M €	+18.3%	3,7 M €	-17.8%	4,5 M €	+22.0%	3,7 M €
Net result	3,4 M €	+31.0%	2,6 M €	-4.4%	2,7 M €	-1.3%	2,7 M €	+1.9%	2,7 M €
Balance sheet
Equity	9,8 M €	+16.5%	8,4 M €	-0.1%	8,5 M €	+2.0%	8,3 M €	+17.7%	7 M €
Total assets	37,1 M €	+7.7%	34,4 M €	+10.9%	31 M €	+14.6%	27,1 M €	+4.7%	25,8 M €
Cash	5,6 M €	+25.7%	4,5 M €	-28.4%	6,2 M €	-0.1%	6,2 M €	+217%	2 M €
Debts	24,4 M €	+16.4%	21 M €	+8.6%	19,3 M €	+23.2%	15,7 M €	-3.3%	16,2 M €
Other
Workforce	176,4 ETP	+5.4%	167,3 ETP	-0.6%	168,3 ETP	-0.6%	169,4 ETP	+13.3%	149,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Poitou Jean Laurent	bestuurder15/09/2025 → 16/05/2031
Veerle Cosyns	bestuurder24/07/2024 → 23/07/2028Director24/07/2024 → 2024 accountsended
Benjamin Page	bestuurder17/11/2022 → 16/11/2028Director17/11/2022 → 2024 accountsended
Gerd Callewaert	Gedeleerd bestuurder17/11/2022 → 16/11/2028Managing director31/12/2011 → 2024 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Johan Van Belleghem	bestuurder17/11/2022 → 2023 accountsDirector17/11/2022 → 2024 accounts
Laurence Stoclet	Director28/06/2017 → 17/11/2022

Other companies at this address

Grotesteenweg 110 2600 Antwerpen

Company	CBE no.
Accountantskantoor Q-bus● Active	0475.877.347
Coopfabrik● Active	0718.605.593
IPSOS HOLDING BELGIUM● Active	0885.132.324

Full financial information

Source · NBB

	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	04/08/2026	01/07/2025	10/06/2024	18/07/2023	29/07/2022	16/07/2021
General meeting	30/06/2026	25/06/2025	17/05/2024	30/06/2023	29/06/2022	18/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	04/08/2026	Dutch	PDF
Full model	31/12/2024	25/06/2025	01/07/2025	Dutch	PDF
Full model	31/12/2023	17/05/2024	10/06/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	18/07/2023	Dutch	PDF
Full model	31/12/2021	29/06/2022	29/07/2022	Dutch	PDF
Full model	31/12/2020	18/06/2021	16/07/2021	Dutch	PDF
Full model	31/12/2019	14/08/2020	08/09/2020	Dutch	PDF
Full model	31/12/2018	02/08/2019	28/08/2019	Dutch	PDF
Full model	31/12/2017	18/05/2018	06/07/2018	Dutch	PDF
Full model	31/12/2016	28/06/2017	30/06/2017	Dutch	PDF
Full model	31/12/2015	29/06/2016	29/06/2016	Dutch	PDF
Full model	31/12/2014	29/06/2015	28/07/2015	Dutch	PDF
Full model	31/12/2013	25/06/2014	30/06/2014	Dutch	PDF
Full model	31/12/2012	02/12/2013	06/12/2013	Dutch	PDF
Full modelCorrection	31/12/2011	29/06/2012	07/11/2012	Dutch	PDF
Full model	31/12/2011	29/06/2012	31/08/2012	Dutch	PDF
Full model	31/12/2010	20/05/2011	29/07/2011	Dutch	PDF
Full model	31/12/2009	21/05/2010	10/06/2010	Dutch	PDF
Full model	31/12/2008	15/05/2009	31/07/2009	Dutch	PDF
Full model	31/12/2007	30/06/2008	29/08/2008	Dutch	PDF
Full model	31/12/2006	29/06/2007	26/07/2007	Dutch	PDF
Full modelCorrection	31/12/2005	20/06/2006	18/07/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Poitou Jean Laurent	bestuurder15/09/2025 → 16/05/2031
Veerle Cosyns	bestuurder24/07/2024 → 23/07/2028Director24/07/2024 → 2024 accountsended
Benjamin Page	bestuurder17/11/2022 → 16/11/2028Director17/11/2022 → 2024 accountsended
Gerd Callewaert	Gedeleerd bestuurder17/11/2022 → 16/11/2028Managing director31/12/2011 → 2024 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Johan Van Belleghem	bestuurder17/11/2022 → 2023 accountsDirector17/11/2022 → 2024 accounts
Laurence Stoclet	Director28/06/2017 → 17/11/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates05/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/11/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/01/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/01/2017
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Restructuring30/07/2015
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

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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

Filings18 filings

Mandates

Poitou Jean Laurent

Veerle Cosyns

Benjamin Page

Gerd Callewaert

Johan Van Belleghem

Laurence Stoclet

Johan Van Belleghem (Voorlopig bestuurder)

Carlos Guillermo HARDING

SYNOVATE (holding) COMPANY BV

PHC HUIJBOOM

Synovate Holding Company BV

SYNOVATE Holdings BV

Show the other mandate

199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

IPSOSSYNOVATE

Grotesteenweg 110, 2600 Berchem (Antwerp)

bestuurder

bestuurderDirector

Gedeleerd bestuurderManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Grotesteenweg 110, 2600 Berchem (Antwerp)Current	accounts 2021 → 2025	Accounts 2025 · 2026-00386010

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
IPSOSCurrent	accounts 2011 → 2025	Accounts 2025 · 2026-00386010
SYNOVATE	accounts 2007 → 2011	Accounts 2011 · 2012-53100206

Events

2025
Annual accounts 20253,4 M €↑
2024
Annual accounts 20242,6 M €↓
2023
Annual accounts 20232,7 M €↓
2022
Annual accounts 20222,7 M €↑
2021
Annual accounts 20212,7 M €↑
2020
Annual accounts 2020734,6 k €↑
2019
Annual accounts 2019682,7 k €↓
2018
Annual accounts 2018935,8 k €↑
2017
Annual accounts 2017696,6 k €↑
2016
Annual accounts 2016-33,8 M €↓
2015
Annual accounts 2015-885,4 k €↓
2014
Annual accounts 20141,4 M €↑
2013
Annual accounts 2013-831,3 k €↓
2012
Annual accounts 2012-378,8 k €↓
2011
Annual accounts 2011-286,1 k €↑
2011
Name changeIPSOS
2009
Annual accounts 2009-621,3 k €↓
2008
Annual accounts 200856,6 k €↓
2007
Annual accounts 200762,1 k €
04/01/1996
IncorporationPublic limited company

IPSOS

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events