ACTIVE

IGAZI MANAGEMENT

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Financial year 2025 · closed on 30/09/2025

Net result

111,6 k €

-18.2% YoY

Gross margin

361,5 k €

-7.4% YoY

Equity

2,9 M €

+2.4% YoY

What does IGAZI MANAGEMENT do?

IGAZI MANAGEMENT is a Public limited company incorporated in 2001. Its main activity is: Market research and public opinion polling. Its registered office is in Watermael-Boitsfort.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0475.965.736

Incorporation

31/10/2001

Legal form

Public limited company

Registered office

Rue de l'Abreuvoir 5
1170 Watermael-Boitsfort · BruxellesSee on map

Contributed capital

61 500,00 €

Latest accounts

30/09/2025

Activities (NACE)

73200Market research and public opinion polling· main 73200Market research and public opinion polling 74131Specialised design activities

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	361,5 k €	-7.4%	390,5 k €	+8.1%	361,3 k €	+23.3%	293 k €	-3.5%	303,6 k €	-24.4%	401,7 k €	+7.1%	375 k €	+11.0%	337,8 k €	+31.7%	256,6 k €	-11.2%	288,9 k €	+109%	138,3 k €	+40.4%	98,5 k €	-65.0%	281,1 k €	-7.5%	303,9 k €	+10.3%	275,6 k €	-32.0%	405,2 k €	+98.3%	204,4 k €	-45.8%	377,3 k €	+27.3%	296,5 k €
EBITDA	349,8 k €	-7.7%	379,2 k €	+8.2%	350,4 k €	+23.7%	283,3 k €	-3.8%	294,5 k €	-25.0%	392,7 k €	+7.3%	366,1 k €	+148%	147,8 k €	-40.3%	247,8 k €	-13.0%	284,7 k €	+114%	133,3 k €	+42.5%	93,5 k €	-66.1%	275,7 k €	-6.8%	296 k €	+10.6%	267,6 k €	-33.1%	400,1 k €	+101%	198,6 k €	-46.3%	369,6 k €	+73.0%	213,6 k €
Operating result	213,6 k €	-12.9%	245,3 k €	+13.7%	215,8 k €	+36.2%	158,4 k €	-10.6%	177,3 k €	-37.3%	282,7 k €	+11.3%	254 k €	+560%	38,5 k €	-78.7%	180,5 k €	-13.7%	209,2 k €	+320%	49,8 k €	+47.3%	33,8 k €	-80.4%	172,4 k €	-17.0%	207,7 k €	+12.8%	184,2 k €	-40.7%	310,5 k €	+157%	120,9 k €	-59.7%	299,7 k €	+87.8%	159,6 k €
Net result	111,6 k €	-18.2%	136,5 k €	+12.2%	121,7 k €	+27.4%	95,5 k €	-13.8%	110,8 k €	-41.0%	187,9 k €	+22.0%	154,1 k €	+4330%	3,5 k €	-97.4%	135 k €	-12.8%	154,9 k €	+297%	39 k €	+184%	-46,6 k €	-135%	131,8 k €	-27.3%	181,2 k €	+13.0%	160,4 k €	+5.2%	152,5 k €	+8.5%	140,6 k €	-47.8%	269,2 k €	-36.9%	426,7 k €
Balance sheet
Equity	2,9 M €	+2.4%	2,8 M €	+3.4%	2,7 M €	+2.9%	2,6 M €	+2.0%	2,6 M €	+2.6%	2,5 M €	+6.0%	2,4 M €	+5.8%	2,2 M €	-23.9%	2,9 M €	+3.5%	2,8 M €	+4.4%	2,7 M €	+0.1%	2,7 M €	-2.3%	2,8 M €	+3.6%	2,7 M €	+5.7%	2,5 M €	+5.1%	2,4 M €	+5.1%	2,3 M €	+4.7%	2,2 M €	+11.8%	2 M €
Total assets	4,2 M €	+1.3%	4,1 M €	+2.7%	4 M €	+1.9%	4 M €	+1.9%	3,9 M €	+0.7%	3,9 M €	+3.4%	3,7 M €	+4.6%	3,6 M €	-1.3%	3,6 M €	+1.2%	3,6 M €	+6.8%	3,3 M €	+0.1%	3,3 M €	-5.3%	3,5 M €	+8.3%	3,3 M €	+3.3%	3,2 M €	+10.2%	2,9 M €	+6.2%	2,7 M €	+0.1%	2,7 M €	+18.5%	2,3 M €
Cash	1 M €	-8.0%	1,1 M €	+8.1%	1 M €	+13.1%	892,8 k €	-9.6%	987,1 k €	-11.3%	1,1 M €	+25.9%	884,3 k €	+34.7%	656,5 k €	-69.2%	2,1 M €	+1.9%	2,1 M €	+41.9%	1,5 M €	+0.0%	1,5 M €	-9.9%	1,6 M €	+19.9%	1,4 M €	+411%	267 k €	-70.2%	896,6 k €	-40.6%	1,5 M €	+695%	190 k €	-82.4%	1,1 M €
Debts	1,3 M €	-1.0%	1,3 M €	+1.3%	1,3 M €	-0.1%	1,3 M €	+4.2%	1,3 M €	-5.0%	1,3 M €	-1.3%	1,4 M €	+2.6%	1,3 M €	+98.3%	667,5 k €	-7.9%	724,9 k €	+18.0%	614,3 k €	-0.2%	615,2 k €	-12.6%	703,6 k €	+32.6%	530,7 k €	-5.1%	559 k €	+35.8%	411,5 k €	+14.6%	359,2 k €	-23.6%	470,3 k €	+62.0%	290,3 k €

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 30/09/2025 · 2 active · 14 ended

Active mandates

Bruno COPPE

Managing director · since 12 mars 2025 · until 12 mars 2031

Active

Vinciane REUSS

Director · since 12 mars 2025 · until 12 mars 2031

Active

Ended mandates

Bruno COPPE

Director · since 12 mars 2019 · until 12 mars 2025

Ended

Bruno Coppé

Director · since 12 mars 2019 · until 11 mars 2025

Ended

Vinciane REUSS

Director · since 12 mars 2019 · until 12 mars 2025

Ended

VINCIANE REUSS

Director · since 12 mars 2019 · until 11 mars 2025

Ended

At this address

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Sir Yehudi Menuhin's Live Music Now - Belgique● Liquidation	0421.812.814

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/03/2026	11/03/2025	10/04/2024	29/03/2023	27/04/2022	11/03/2021
General meeting	10/03/2026	11/03/2025	12/03/2024	14/03/2023	08/03/2022	09/03/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	10/03/2026	10/03/2026	French	PDF
Micro model	30/09/2024	11/03/2025	11/03/2025	French	PDF
Micro model	30/09/2023	12/03/2024	10/04/2024	French	PDF
Micro model	30/09/2022	14/03/2023	29/03/2023	French	PDF
Micro model	30/09/2021	08/03/2022	27/04/2022	French	PDF
Micro model	30/09/2020	09/03/2021	11/03/2021	French	PDF
Micro model	30/09/2019	10/03/2020	27/03/2020	French	PDF
Micro model	30/09/2018	12/03/2019	18/03/2019	French	PDF
Micro model	30/09/2017	13/03/2018	25/04/2018	French	PDF
Abridged model	30/09/2016	14/03/2017	26/04/2017	French	PDF
Abridged model	30/09/2015	08/03/2016	23/03/2016	French	PDF
Abridged model	30/09/2014	10/03/2015	23/03/2015	French	PDF
Abridged model	30/09/2013	11/03/2014	25/04/2014	French	PDF
Abridged model	30/09/2012	12/03/2013	30/04/2013	French	PDF
Abridged model	30/09/2011	10/03/2012	30/03/2012	French	PDF
Abridged model	30/09/2010	10/03/2011	14/03/2011	French	PDF
Abridged model	30/09/2009	10/03/2010	25/03/2010	French	PDF
Abridged model	30/09/2008	10/03/2009	30/03/2009	French	PDF
Abridged model	30/09/2007	11/03/2008	30/04/2008	French	PDF
Abridged model	30/09/2006	13/03/2007	22/03/2007	French	PDF

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 30/09/2025 · 2 active · 14 ended

Active mandates

Bruno COPPE

Managing director · since 12 mars 2025 · until 12 mars 2031

Active

Vinciane REUSS

Director · since 12 mars 2025 · until 12 mars 2031

Active

Ended mandates

Bruno COPPE

Director · since 12 mars 2019 · until 12 mars 2025

Ended

Bruno Coppé

Director · since 12 mars 2019 · until 11 mars 2025

Ended

Vinciane REUSS

Director · since 12 mars 2019 · until 12 mars 2025

Ended

VINCIANE REUSS

Director · since 12 mars 2019 · until 11 mars 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/05/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates21/03/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates26/04/2019
DEMISSIONS, NOMINATIONS
PDF
Registered office04/03/2019
SIEGE SOCIAL
PDF
Capital / shares15/03/2018
CAPITAL, ACTIONS
PDF
Restructuring25/10/2016
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring17/08/2016
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates22/03/2013
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 2025111,6 k €↓
2024
Annual accounts 2024136,5 k €↑
2023
Annual accounts 2023121,7 k €↑
2022
Annual accounts 202295,5 k €↓
2021
Annual accounts 2021110,8 k €↓
2020
Annual accounts 2020187,9 k €↑
2019
Annual accounts 2019154,1 k €↑
2018
Annual accounts 20183,5 k €↓
2017
Annual accounts 2017135 k €↓
2016
Annual accounts 2016154,9 k €↑
2015
Annual accounts 201539 k €↑
2014
Annual accounts 2014-46,6 k €↓
2013
Annual accounts 2013131,8 k €↓
2012
Annual accounts 2012181,2 k €↑
2011
Annual accounts 2011160,4 k €↑
2010
Annual accounts 2010152,5 k €↑
2009
Annual accounts 2009140,6 k €↓
2008
Annual accounts 2008269,2 k €↓
2007
Annual accounts 2007426,7 k €
31/10/2001
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

IGAZI MANAGEMENT

Overview

What does IGAZI MANAGEMENT do?

Trend over 19 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