VIRTUOLOGY INTERNATIONAL
0466.644.333 · rovalta.com · 22/09/2026
ACTIVE
VIRTUOLOGY INTERNATIONAL
Financial year 2025 · closed on 31/12/2025
Net result
-167,7 k €
+73.5% YoY
Revenue
3,8 M €
+10.0% YoY
Equity
3,9 M €
-1.3% YoY
Workforce
3,3 ETP
-32.7% YoY
Overview
What does VIRTUOLOGY INTERNATIONAL do?
VIRTUOLOGY INTERNATIONAL is a Public limited company incorporated in 1999. Its main activity is: Management consultancy activities. Its registered office is in Watermael-Boitsfort. It employs on average 3,3 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0466.644.333
Incorporation
04/08/1999
Legal form
Public limited company
Registered office
Boulevard du Souverain 25 box 5
1170 Watermael-Boitsfort · BruxellesSee on map
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
5 364 993,00 €
Latest accounts
31/12/2025
Average workforce
3,3 ETP
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities74142Specialised design activities62090Other information technology and computer service activities62900Computer programming, consultancy and related activities72600Scientific research and development
Joint committees (2)
- 200
- 218
Signals
Positive cashflowHealthy social debtsHigh revenue
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Revenue | 3,8 M € | +10.0% | 3,5 M € | +18.3% | 2,9 M € | +33.8% | 2,2 M € | +16.0% | 1,9 M € | +29.7% | 1,5 M € | +5.5% | 1,4 M € | -0.7% | 1,4 M € | – | – | – | – | – | – | – | – | – | – | – | – | ||||||||||||
| EBITDA | -40,5 k € | +88.4% | -350,9 k € | -936% | 42 k € | -80.5% | 215,8 k € | -19.5% | 268,2 k € | +68.1% | 159,5 k € | -7.2% | 171,8 k € | +9.7% | 156,7 k € | -17.9% | 190,8 k € | +191% | 65,6 k € | -82.9% | 383,5 k € | +140% | 160 k € | +42.8% | 112,1 k € | +1668% | -7,1 k € | -373% | -1,5 k € | +31.6% | -2,2 k € | +92.8% | -30,7 k € | +62.3% | -81,4 k € | -134% | -34,8 k € | -205% | -11,4 k € |
| Operating result | -339,3 k € | +48.9% | -664,5 k € | -300% | -166,2 k € | -306% | 80,7 k € | -47.8% | 154,6 k € | +122% | 69,7 k € | +4.0% | 67 k € | +21.4% | 55,2 k € | -46.5% | 103,1 k € | +695% | 13 k € | -96.5% | 374,7 k € | +135% | 159,2 k € | +42.1% | 112 k € | +1667% | -7,1 k € | -373% | -1,5 k € | +31.6% | -2,2 k € | +92.8% | -30,7 k € | +62.8% | -82,6 k € | -123% | -37 k € | -184% | -13 k € |
| Net result | -167,7 k € | +73.5% | -633,7 k € | -23.9% | -511,4 k € | -269% | -138,7 k € | -562% | -21 k € | -194% | 22,3 k € | -56.2% | 50,9 k € | +162% | -82,1 k € | -208% | 75,7 k € | -43.4% | 133,8 k € | -37.2% | 213 k € | +34.2% | 158,7 k € | -50.0% | 317,6 k € | +4470% | -7,3 k € | -108% | 96,4 k € | +4238% | -2,3 k € | -101% | 169 k € | +38.6% | 121,9 k € | -90.2% | 1,2 M € | +2349% | -55,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 3,9 M € | -1.3% | 3,9 M € | -9.6% | 4,3 M € | +89.7% | 2,3 M € | +10.8% | 2,1 M € | -31.1% | 3 M € | +7.0% | 2,8 M € | +24.1% | 2,3 M € | +30.0% | 1,7 M € | -33.6% | 2,6 M € | +32.4% | 2 M € | +12.8% | 1,8 M € | +1122% | 143,3 k € | -66.3% | 424,8 k € | +9.4% | 388,4 k € | +33.0% | 292 k € | -2.7% | 300,1 k € | -12.1% | 341,4 k € | -64.3% | 955 k € | +435% | -285,3 k € |
| Total assets | 20,2 M € | +20.7% | 16,8 M € | +20.2% | 14 M € | +56.8% | 8,9 M € | +33.7% | 6,7 M € | +4.4% | 6,4 M € | +13.4% | 5,6 M € | +1.5% | 5,5 M € | +17.9% | 4,7 M € | +18.6% | 4 M € | +37.2% | 2,9 M € | +39.4% | 2,1 M € | +1183% | 161,3 k € | -68.6% | 514 k € | +9.9% | 467,7 k € | -19.7% | 582,5 k € | -1.9% | 593,5 k € | -29.8% | 846,1 k € | -43.6% | 1,5 M € | +364% | 323 k € |
| Cash | 76,1 k € | -13.5% | 87,9 k € | +83.7% | 47,9 k € | -58.8% | 116,1 k € | -84.0% | 725,8 k € | +530% | 115,2 k € | +7097% | 1,6 k € | -96.4% | 44,3 k € | +37.3% | 32,3 k € | -2.0% | 32,9 k € | +7106% | 457,2 € | -95.9% | 11,1 k € | +5.4% | 10,5 k € | +494% | 1,8 k € | +46.9% | 1,2 k € | -40.6% | 2 k € | -34.0% | 3,1 k € | -9.5% | 3,4 k € | -70.3% | 11,4 k € | +1324% | 803,7 € |
| Debts | 16 M € | +29.3% | 12,3 M € | +32.1% | 9,3 M € | +44.3% | 6,5 M € | +42.9% | 4,5 M € | +41.6% | 3,2 M € | +19.1% | 2,7 M € | -16.0% | 3,2 M € | +9.6% | 2,9 M € | +119% | 1,3 M € | +49.4% | 891 k € | +182% | 316,4 k € | +1697% | 17,6 k € | -80.3% | 89,2 k € | +12.5% | 79,3 k € | -72.7% | 290,4 k € | -1.0% | 293,4 k € | -41.1% | 498 k € | -5.0% | 524,4 k € | -2.6% | 538,3 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 3,3 ETP | -32.7% | 4,9 ETP | -12.5% | 5,6 ETP | +30.2% | 4,3 ETP | -17.3% | 5,2 ETP | +33.3% | 3,9 ETP | -4.9% | 4,1 ETP | +10.8% | 3,7 ETP | -39.3% | 6,1 ETP | +5.2% | 5,8 ETP | +152% | 2,3 ETP | +130% | 1,0 ETP | – | – | – | – | – | – | – | – | ||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 9 active · 31 ended
Active mandates
Lala RANDRIAMANANTENA
ActiveActive
Active
Active
Active
Active
Active
Active
Ended mandates
At this address
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Financials
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 | 31/07/2026 | 30/09/2025 | 19/08/2024 | 31/08/2023 | 26/08/2022 | 31/08/2021 |
| General meeting | 03/07/2026 | 30/09/2025 | 12/06/2024 | 14/06/2023 | 08/06/2022 | 09/06/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 03/07/2026 | 31/07/2026 | French | |
| Full model | 31/12/2024 | 30/09/2025 | 30/09/2025 | French | |
| m120-f-p | 31/12/2024 | 09/12/2025 | 12/12/2025 | French | |
| Full model | 31/12/2023 | 12/06/2024 | 19/08/2024 | French | |
| Full model | 31/12/2022 | 14/06/2023 | 31/08/2023 | French | |
| Full model | 31/12/2021 | 08/06/2022 | 26/08/2022 | French | |
| Full model | 31/12/2020 | 09/06/2021 | 31/08/2021 | French | |
| Full model | 31/12/2019 | 09/06/2020 | 07/08/2020 | French | |
| Full model | 31/12/2018 | 02/05/2019 | 11/10/2019 | French | |
| Abridged model | 31/12/2017 | 20/11/2018 | 09/01/2019 | French | |
| Abridged model | 31/12/2016 | 04/05/2017 | 31/08/2017 | French | |
| Abridged model | 31/12/2015 | 06/05/2016 | 31/08/2016 | French | |
| Abridged model | 31/12/2014 | 07/05/2015 | 27/08/2015 | French | |
| Abridged model | 31/12/2013 | 08/05/2014 | 31/07/2014 | French | |
| Abridged model | 31/12/2012 | 02/05/2013 | 30/08/2013 | French | |
| Abridged model | 31/12/2011 | 03/05/2012 | 07/08/2012 | French | |
| Abridged model | 31/12/2010 | 05/05/2011 | 31/08/2011 | French | |
| Abridged model | 31/12/2009 | 06/05/2010 | 31/08/2010 | French | |
| Abridged model | 31/12/2008 | 07/05/2009 | 31/08/2009 | French | |
| Abridged model | 31/12/2007 | 29/06/2008 | 20/08/2008 | French | |
| Abridged model | 31/12/2006 | 29/05/2007 | 26/07/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 9 active · 31 ended
Active mandates
Lala RANDRIAMANANTENA
ActiveActive
Active
Active
Active
Active
Active
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates24/02/2026DEMISSIONS, NOMINATIONS
- Capital / shares07/01/2026STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
- Mandates13/05/2025DEMISSIONS, NOMINATIONS
- Capital / shares23/01/2025CAPITAL, ACTIONS
- Capital / shares23/05/2024CAPITAL, ACTIONS
- Capital / shares29/01/2024CAPITAL, ACTIONS
- Registered office20/06/2023SIEGE SOCIAL
- Capital / shares03/01/2023CAPITAL, ACTIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-167,7 k €↑
- 2024Annual accounts 2024-633,7 k €↓
- 2023Annual accounts 2023-511,4 k €↓
- 2022Annual accounts 2022-138,7 k €↓
- 2021Annual accounts 2021-21 k €↓
- 2020Annual accounts 202022,3 k €↓
- 2019Annual accounts 201950,9 k €↑
- 2018Annual accounts 2018-82,1 k €↓
- 2017Annual accounts 201775,7 k €↓
- 2016Annual accounts 2016133,8 k €↓
- 2015Annual accounts 2015213 k €↑
- 2014Annual accounts 2014158,7 k €↓
- 2013Annual accounts 2013317,6 k €↑
- 2012Annual accounts 2012-7,3 k €↓
- 2011Annual accounts 201196,4 k €↑
- 2010Annual accounts 2010-2,3 k €↓
- 2009Annual accounts 2009169 k €↑
- 2008Annual accounts 2008121,9 k €↓
- 2007Annual accounts 20071,2 M €↑
- 2006Annual accounts 2006-55,2 k €
- 04/08/1999IncorporationPublic limited company