ACTIVE

VIRUNGA

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Financial year 2025 · closed on 31/12/2025
Net result
-307,3 k €
-27.3% YoY
Equity
-1,3 M €
-31.8% YoY

What does VIRUNGA do?

VIRUNGA is a Private limited company incorporated in 2013. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0537.579.641
Incorporation
21/08/2013
Legal form
Private limited company
Registered office
Avenue Louise 65
1050 Bruxelles · BruxellesSee on map
Contributed capital
258 550,00 €
Latest accounts
31/12/2025
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin–-25,4 k €-26,0 k €-17,7 k €-7,9 k €-14,1 k €67,5 k €143,0 k €68,1 k €-29,4 k €-30,2 k €-2,7 k €
EBITDA-87,0 k €-26,3 k €-31,6 k €-17,7 k €-8,9 k €-15,1 k €66,6 k €134,1 k €67,1 k €-29,8 k €-36,7 k €-2,8 k €
Operating result-101,0 k €-33,1 k €-38,3 k €-23,9 k €-15,4 k €-22,1 k €59,5 k €127,5 k €60,5 k €-36,5 k €-42,8 k €-2,8 k €
Net result-307,3 k €-241,3 k €55,3 k €-477,9 k €-143,5 k €-137,1 k €-53,0 k €28,3 k €-30,2 k €-85,6 k €-108,8 k €-31,1 k €
Balance sheet
Equity-1,3 M €-966,5 k €-725,2 k €-780,5 k €-302,6 k €-159,1 k €-22,0 k €31,1 k €2,7 k €33,0 k €118,6 k €-12,6 k €
Total assets4,3 M €3,3 M €3,3 M €3,3 M €2,6 M €2,6 M €2,7 M €2,4 M €2,3 M €2,0 M €1,0 M €369,3 k €
Cash28,2 k €26,6 k €28,8 k €55,5 k €19,0 k €15,7 k €35,1 k €14,7 k €48,3 k €68,4 k €6,3 k €941,9 €
Debts5,1 M €4,0 M €3,9 M €4,0 M €2,9 M €2,5 M €2,7 M €2,3 M €2,1 M €2,0 M €905,1 k €381,9 k €
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 17 ended

Active mandates

Ephrem Lubala BALOLE-BWAMI

Director · since 13 février 2020

Active
François Xavier DE DONNEA

Director · since 13 février 2020

Active
Maarten Johannes SCHIMMEL

Director · since 13 février 2020

Active
VIRUNGA FOUNDATION

Director · since 13 février 2020

Represented by Emmanuel DE MERODE

Active

Ended mandates

Ephrem Lubala BALOLE-BWAMI

administrateur · since 13 février 2020

Ended
François Xavier DE DONNEA

administrateur · since 13 février 2020

Ended
Maarten Johannes SCHIMMEL

administrateur · since 13 février 2020

Ended
VIRUNGA FOUNDATION

administrateur · since 13 février 2020

Represented by Emmanuel DE MERODE

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date11/08/202623/07/202514/10/202429/08/202304/08/202224/08/2021
General meeting30/06/202630/06/202528/06/202430/06/202330/06/202230/06/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202611/08/2026FrenchPDF
Abridged model31/12/202430/06/202523/07/2025FrenchPDF
Abridged model31/12/202328/06/202414/10/2024FrenchPDF
Abridged model31/12/202230/06/202329/08/2023FrenchPDF
Abridged model31/12/202130/06/202204/08/2022FrenchPDF
Abridged model31/12/202030/06/202124/08/2021FrenchPDF
Abridged model31/12/201919/06/202026/06/2020FrenchPDF
Abridged model31/12/201817/04/201931/07/2019FrenchPDF
Abridged model31/12/201705/07/201830/08/2018FrenchPDF
Abridged model31/12/201630/06/201725/07/2017FrenchPDF
Abridged modelCorrection31/12/201523/05/201708/06/2017FrenchPDF
Abridged model31/12/201506/05/201601/06/2016FrenchPDF
Abridged modelCorrection31/12/201415/06/201524/09/2015FrenchPDF
Abridged model31/12/201415/06/201529/06/2015FrenchPDF
Estimate

Indicative valuation

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 · 4 active · 17 ended

Active mandates

Ephrem Lubala BALOLE-BWAMI

Director · since 13 février 2020

Active
François Xavier DE DONNEA

Director · since 13 février 2020

Active
Maarten Johannes SCHIMMEL

Director · since 13 février 2020

Active
VIRUNGA FOUNDATION

Director · since 13 février 2020

Represented by Emmanuel DE MERODE

Active

Ended mandates

Ephrem Lubala BALOLE-BWAMI

administrateur · since 13 février 2020

Ended
François Xavier DE DONNEA

administrateur · since 13 février 2020

Ended
Maarten Johannes SCHIMMEL

administrateur · since 13 février 2020

Ended
VIRUNGA FOUNDATION

administrateur · since 13 février 2020

Represented by Emmanuel DE MERODE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office02/05/2022
    SIEGE SOCIAL
    PDF
  • Mandates27/07/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/02/2020
    OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates13/12/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/06/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/11/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares05/05/2015
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates22/01/2015
    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 2025-307,3 k €↓
  2. 2024
    Annual accounts 2024-241,3 k €↓
  3. 2023
    Annual accounts 202355,3 k €↑
  4. 2022
    Annual accounts 2022-477,9 k €↓
  5. 2021
    Annual accounts 2021-143,5 k €↓
  6. 2020
    Annual accounts 2020-137,1 k €↓
  7. 2019
    Annual accounts 2019-53,0 k €↓
  8. 2018
    Annual accounts 201828,3 k €↑
  9. 2017
    Annual accounts 2017-30,2 k €↑
  10. 2016
    Annual accounts 2016-85,6 k €↑
  11. 2015
    Annual accounts 2015-108,8 k €↓
  12. 2014
    Annual accounts 2014-31,1 k €
  13. 21/08/2013
    IncorporationPrivate limited company