ACTIVE

EASI

Financial year 2025 · closed on 31/12/2025
Net result
18,9 M €
+44.4% YoY
Revenue
123,4 M €
+21.2% YoY
Equity
1,9 M €
-4.9% YoY
Workforce
478,8 ETP
+2.3% YoY

What does EASI do?

EASI is a Public limited company incorporated in 1999. Its registered office is in Nivelles. It employs on average 478,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0465.741.144
Incorporation
30/03/1999
Legal form
Public limited company
Registered office
Avenue Robert Schuman 12
1400 Nivelles · WallonieSee on map
Contributed capital
478 419,47 €
Latest accounts
31/12/2025
Average workforce
478,8 ETP
Joint committees (1)
  • 218
Contacts
4 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue123,4 M €101,8 M €79,5 M €65,3 M €54,2 M €44,7 M €39,3 M €34,5 M €30,5 M €26,4 M €23,5 M €20,5 M €19,8 M €24,9 M €14 M €14,2 M €13,5 M €13,6 M €12 M €
EBITDA28,8 M €19,4 M €18,4 M €12,6 M €13,7 M €10,8 M €8,5 M €8 M €4,4 M €2,8 M €2,1 M €1,6 M €1,7 M €2,8 M €1,7 M €2 M €1,2 M €2,2 M €1,7 M €
Operating result20,8 M €14 M €13,5 M €9,5 M €10,2 M €7,5 M €4,9 M €5,3 M €2 M €672,2 k €393,1 k €331,5 k €721,9 k €1,6 M €999 k €1,3 M €665,4 k €1,8 M €1,2 M €
Net result18,9 M €13,1 M €10,5 M €7,7 M €9 M €7,1 M €4,5 M €4,3 M €1,5 M €169 k €86,1 k €80 k €274 k €1,2 M €669,8 k €616,9 k €459,7 k €1,2 M €855,5 k €
Balance sheet
Equity1,9 M €2 M €2 M €2 M €2,1 M €2,1 M €2 M €2,2 M €1,3 M €1,3 M €1,7 M €1,7 M €2 M €1,7 M €2,3 M €2,3 M €2,4 M €2,3 M €2,1 M €
Total assets86,6 M €75,8 M €65,5 M €55,7 M €40,2 M €32 M €28,1 M €26,7 M €21,3 M €17,4 M €14 M €13,4 M €11,1 M €12 M €9,1 M €9,5 M €10,2 M €7,1 M €6,1 M €
Cash4,2 M €2 M €378,4 k €1,9 M €3,7 M €2 M €1,4 M €273,5 k €2 M €1 M €599,8 k €277,4 k €427,2 k €521,3 k €1,4 M €2,3 M €2,9 M €1,8 M €710,2 k €
Debts82,5 M €71,5 M €60,9 M €51 M €35,5 M €27,9 M €24,7 M €23,4 M €18,7 M €15,2 M €11,6 M €11 M €8,5 M €9,7 M €5,8 M €6,3 M €7,1 M €4,3 M €3,6 M €
Other
Workforce478,8 ETP468,1 ETP375,6 ETP369,1 ETP265,9 ETP232,3 ETP192,6 ETP163,4 ETP136,6 ETP123,2 ETP102,3 ETP89,1 ETP77,5 ETP66,7 ETP55,4 ETP54,6 ETP55,6 ETP60,0 ETP55,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 47 ended

Active mandates

Frédéric BLOCK

Director

Active
Jean-François HERREMANS

Director

Active
Jean-Michel BLOCK

Director

Active
Ludovic MICHAUX

Director

Active
Salvatore CURABA

Director

Active
Thomas VAN EECKHOUT

Director

Active
Toni TURI

Director

Active

Ended mandates

Ludovic Michaux

Director · since 25 juin 2019 · until 30 juin 2021

Ended
EASI Group

Director · since 29 juin 2016 · until 30 juin 2017 · 0894.498.366

Ended
EASI Group

Director · since 29 juin 2016 · until 30 juin 2021 · 0894.498.366

Ended
Frédéric BLOCK

Director · since 29 juin 2016 · until 30 juin 2017

Ended
At this address

Other companies at this address

CompanyCBE no.
EASIActive
0839.030.994
0892.922.315
EASI CORPORATEActive
0766.347.411
1041.937.574
EASI GroupActive
0894.498.366
1041.937.772
QUENDRAActive
0825.302.031
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 date16/07/202601/07/202511/07/202428/11/202325/07/202230/08/2021
General meeting25/06/202626/06/202527/06/202428/06/202330/06/202223/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202525/06/202616/07/2026FrenchPDF
Full model31/12/202426/06/202501/07/2025FrenchPDF
Full model31/12/202327/06/202411/07/2024FrenchPDF
Full modelCorrection31/12/202228/06/202328/11/2023FrenchPDF
Full model31/12/202228/06/202311/07/2023FrenchPDF
Full model31/12/202130/06/202225/07/2022FrenchPDF
Full model31/12/202023/06/202130/08/2021FrenchPDF
Full model31/12/201924/06/202031/08/2020FrenchPDF
Full model31/12/201826/06/201929/08/2019FrenchPDF
Full model31/12/201727/06/201821/08/2018FrenchPDF
Full model31/12/201628/06/201730/08/2017FrenchPDF
Full model31/12/201529/06/201611/08/2016FrenchPDF
Full model31/12/201424/06/201524/07/2015FrenchPDF
Full model31/12/201326/06/201430/09/2014FrenchPDF
Full model31/12/201226/06/201314/08/2013FrenchPDF
Full model01/07/201130/01/201229/02/2012FrenchPDF
Full model01/07/201004/11/201031/01/2011FrenchPDF
Full model01/07/200919/11/200923/03/2010FrenchPDF
Full model01/07/200816/10/200812/11/2008FrenchPDF
Full model01/07/200729/10/200723/11/2007FrenchPDF
Abridged modelCorrection01/07/200529/11/200502/11/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 7 active · 47 ended

Active mandates

Frédéric BLOCK

Director

Active
Jean-François HERREMANS

Director

Active
Jean-Michel BLOCK

Director

Active
Ludovic MICHAUX

Director

Active
Salvatore CURABA

Director

Active
Thomas VAN EECKHOUT

Director

Active
Toni TURI

Director

Active

Ended mandates

Ludovic Michaux

Director · since 25 juin 2019 · until 30 juin 2021

Ended
EASI Group

Director · since 29 juin 2016 · until 30 juin 2017 · 0894.498.366

Ended
EASI Group

Director · since 29 juin 2016 · until 30 juin 2021 · 0894.498.366

Ended
Frédéric BLOCK

Director · since 29 juin 2016 · until 30 juin 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring07/02/2025
    CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring22/11/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring30/05/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring08/02/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring08/02/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring08/02/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates19/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS - OBJET - 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 202518,9 M €
  2. 2024
    Annual accounts 202413,1 M €
  3. 01/01/2024
    autre
  4. 31/12/2023
    dissolution
  5. 2023
    Annual accounts 202310,5 M €
  6. 01/01/2023
    autre
  7. 2022
    Annual accounts 20227,7 M €
  8. 2021
    Annual accounts 20219 M €
  9. 2020
    Annual accounts 20207,1 M €
  10. 2019
    Annual accounts 20194,5 M €
  11. 2018
    Annual accounts 20184,3 M €
  12. 2017
    Annual accounts 20171,5 M €
  13. 2016
    Annual accounts 2016169 k €
  14. 2015
    Annual accounts 201586,1 k €
  15. 2014
    Annual accounts 201480 k €
  16. 2013
    Annual accounts 2013274 k €
  17. 2013
    Name changeEasi SA
  18. 2012
    Annual accounts 20121,2 M €
  19. 2011
    Annual accounts 2011669,8 k €
  20. 2010
    Annual accounts 2010616,9 k €
  21. 2009
    Annual accounts 2009459,7 k €
  22. 2008
    Annual accounts 20081,2 M €
  23. 2007
    Annual accounts 2007855,5 k €
  24. 2007
    Name changeENTERPRISE APPLICATIONS AND SERVICES INTEGRATION
  25. 30/03/1999
    IncorporationPublic limited company