ACTIVE

REPLY BELGIUM

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Financial year 2025 · closed on 31/12/2025

Net result

-1,7 M €

-646.0% YoY

Revenue

543,5 k €

Equity

19,2 M €

+610.7% YoY

Workforce

0,9 ETP

What does REPLY BELGIUM do?

REPLY BELGIUM is a Public limited company incorporated in 2014. Its main activity is: Computer consultancy activities. Its registered office is in Bruxelles. It employs on average 0,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0546.619.546

Incorporation

11/02/2014

Legal form

Public limited company

Registered office

Rue de Loxum 25
1000 Bruxelles · BruxellesSee on map

Contributed capital

24 615 000,00 €

Latest accounts

31/12/2025

Average workforce

0,9 ETP

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 62090Other information technology and computer service activities 62900Computer programming, consultancy and related activities 63920Other information service activities 63990Other information service activities n.e.c.+4

Joint committees (3)

200
20000
218

Signals

Solid equityGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014
Income statement
Revenue	543,5 k €		–		–		–		334,3 k €		–		–		–		–		–		–		–
EBITDA	-517,4 k €	-69992%	-738,2 €	+98.9%	-64,6 k €	+39.3%	-106,5 k €	-80.6%	-59 k €	+85.8%	-414,9 k €	+16.6%	-497,6 k €	-263%	-137,3 k €	+68.2%	-431,9 k €	-25.8%	-343,4 k €	-20.6%	-284,7 k €	+50.2%	-571,1 k €
Operating result	-518 k €	-28092%	-1,8 k €	+97.2%	-65,7 k €	+39.0%	-107,6 k €	-71.1%	-62,9 k €	+85.0%	-419,6 k €	+16.4%	-502,2 k €	-251%	-143,2 k €	+67.6%	-442 k €	-23.1%	-359 k €	-20.1%	-299 k €	+48.3%	-578,4 k €
Net result	-1,7 M €	-646%	-221,5 k €	+23.7%	-290,3 k €	-17.5%	-247,1 k €	-92.0%	-128,7 k €	+78.3%	-592,5 k €	-31.3%	-451,2 k €	-130%	-196,1 k €	+56.8%	-454 k €	-31.7%	-344,8 k €	-13.5%	-303,9 k €	+47.7%	-581,1 k €
Balance sheet
Equity	19,2 M €	+611%	-3,7 M €	-6.3%	-3,5 M €	-9.0%	-3,2 M €	-8.3%	-3 M €	-4.5%	-2,9 M €	-26.1%	-2,3 M €	-24.8%	-1,8 M €	-12.1%	-1,6 M €	-38.9%	-1,2 M €	-41.9%	-823,5 k €	-58.5%	-519,6 k €
Total assets	23 M €	+28743%	79,6 k €	-25.2%	106,4 k €	-75.4%	432,4 k €	+3.9%	416,1 k €	+58.9%	261,8 k €	-46.0%	485,1 k €	-1.6%	493,2 k €	-68.8%	1,6 M €	-11.7%	1,8 M €	+123%	803,3 k €	+138%	337,2 k €
Cash	7 M €	+51897%	13,4 k €	+185%	4,7 k €	-93.6%	73,9 k €	+66.2%	44,5 k €	-78.2%	204,1 k €	+328%	47,7 k €	-53.5%	102,5 k €	-79.8%	506,9 k €	+66.1%	305,3 k €	+171%	112,5 k €	+1.1%	111,3 k €
Debts	3,8 M €	-0.3%	3,8 M €	+5.4%	3,6 M €	-1.0%	3,7 M €	+7.7%	3,4 M €	+9.1%	3,1 M €	+13.5%	2,8 M €	+19.1%	2,3 M €	-27.8%	3,2 M €	+8.3%	3 M €	+81.9%	1,6 M €	+89.9%	856,8 k €
Other
Workforce	0,9 ETP		0,0 ETP		–		–		–		5,0 ETP	0.0%	5,0 ETP	+16.3%	4,3 ETP	-36.8%	6,8 ETP	0.0%	6,8 ETP	-24.4%	9,0 ETP	+125%	4,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 8 ended

Active mandates

LAUDER CONSULTING

Director · since 03 juin 2025 · until 03 juin 2031 · 0740.978.644

Represented by Laurent DERAMAIX

Active

Marco CUSINATO

Director · since 24 février 2023 · until 19 juin 2028

Active

Flavia REBUFFAT

Director · since 30 juin 2021 · until 30 juin 2027

Active

Ended mandates

Daniele ANGELUCCI

Director · since 17 février 2014 · until 17 juin 2017

Ended

Frederic GIELEN

Managing director · since 17 février 2014 · until 19 juin 2017

Ended

Riccardo LODIGIANI

Chairman of the board of directors · since 17 février 2014 · until 19 juin 2017

Ended

FREDERIC GIELEN

Managing director · since 11 février 2014 · until 03 juin 2025

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Abridged model	Abridged model	Micro model	Micro model	Abridged 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	23/07/2026	30/07/2025	19/08/2024	13/09/2023	22/03/2023	03/12/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	31/08/2023	22/03/2023	26/10/2021
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

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	23/07/2026	French	PDF
Abridged model	31/12/2024	27/06/2025	30/07/2025	French	PDF
Abridged model	31/12/2023	28/06/2024	19/08/2024	French	PDF
Micro model	31/12/2022	31/08/2023	13/09/2023	French	PDF
Micro model	31/12/2021	22/03/2023	22/03/2023	French	PDF
Abridged model	31/12/2020	26/10/2021	03/12/2021	French	PDF
Abridged model	31/12/2019	26/10/2020	29/11/2020	French	PDF
Abridged model	31/12/2018	29/07/2019	30/07/2019	French	PDF
Abridged model	31/12/2017	18/06/2018	04/08/2018	French	PDF
Abridged model	31/12/2016	29/09/2017	29/09/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	19/07/2016	French	PDF
Abridged model	31/12/2014	15/06/2015	06/07/2015	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 3 active · 8 ended

Active mandates

LAUDER CONSULTING

Director · since 03 juin 2025 · until 03 juin 2031 · 0740.978.644

Represented by Laurent DERAMAIX

Active

Marco CUSINATO

Director · since 24 février 2023 · until 19 juin 2028

Active

Flavia REBUFFAT

Director · since 30 juin 2021 · until 30 juin 2027

Active

Ended mandates

Daniele ANGELUCCI

Director · since 17 février 2014 · until 17 juin 2017

Ended

Frederic GIELEN

Managing director · since 17 février 2014 · until 19 juin 2017

Ended

Riccardo LODIGIANI

Chairman of the board of directors · since 17 février 2014 · until 19 juin 2017

Ended

FREDERIC GIELEN

Managing director · since 11 février 2014 · until 03 juin 2025

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office28/08/2026
Transfert de siège
PDF
Capital / shares24/10/2025
CAPITAL, ACTIONS
PDF
Mandates10/07/2025
DEMISSIONS, NOMINATIONS
PDF
Capital / shares19/06/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Mandates23/05/2025
DEMISSIONS, NOMINATIONS
PDF
Registered office09/05/2025
SIEGE SOCIAL
PDF
Other09/02/2024
ASSEMBLEE GENERALE
PDF
Mandates02/05/2023
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 2025-1,7 M €↓
2024
Annual accounts 2024-221,5 k €↑
2023
Annual accounts 2023-290,3 k €↓
2022
Annual accounts 2022-247,1 k €↓
2021
Annual accounts 2021-128,7 k €↑
2020
Annual accounts 2020-592,5 k €↓
2019
Annual accounts 2019-451,2 k €↓
2018
Annual accounts 2018-196,1 k €↑
2017
Annual accounts 2017-454 k €↓
2016
Annual accounts 2016-344,8 k €↓
2015
Annual accounts 2015-303,9 k €↑
2014
Annual accounts 2014-581,1 k €
11/02/2014
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

REPLY BELGIUM

Overview

What does REPLY BELGIUM do?

Trend over 12 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