ACTIVE

Thales Cyber Solutions Belgium

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Financial year 2024 · Closed on 31/12/2024

Net result-323,1 k €+78,5 %over 1 year

Revenue10,9 M €+73,8 %over 1 year

Equity-2,2 M €-17,1 %over 1 year

Workforce25,6 ETP+14,8 %over 1 year

Identity

Source · BCE/KBO

Thales Cyber Solutions Belgium is a Public limited company incorporated in 2016. Its main activity is: Computer programming activities. Its registered office is in Wavre. It employs on average 25,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0655.770.181
Incorporation: 30/05/2016
Legal form: Public limited company
Registered office: Avenue Pasteur 6
1300 Wavre · WallonieSee on map
Contributed capital: 413 274,73 €
Latest accounts: 31/12/2024
Average workforce: 25,6 ETP

Activities (NACE)

62010Computer programming activities· main 62020Computer consultancy activities 62100Computer programming, consultancy and related activities 62200Computer programming, consultancy and related activities 62020Computer consultancy activities 62090Other information technology and computer service activities+6

Joint committees (1)

Signals

Healthy social debtsHigh revenue

Financials

Source · NBB, 9 filings

Trend over 9 financial years

	2024		2023		2022		2021		2020
Income statement
Revenue	10,9 M €	+73.8%	6,3 M €	+51.1%	4,2 M €	+70.6%	2,4 M €		–
EBITDA	-159,9 k €	+88.8%	-1,4 M €	-95.1%	-733,7 k €	+9.1%	-807,2 k €	-24.3%	-649,6 k €
Operating result	-185,9 k €	+87.1%	-1,4 M €	-93.8%	-743,4 k €	+11.7%	-842,1 k €	-27.6%	-659,7 k €
Net result	-323,1 k €	+78.5%	-1,5 M €	-87.7%	-801,8 k €	+12.0%	-911,5 k €	-32.7%	-686,8 k €
Balance sheet
Equity	-2,2 M €	-17.1%	-1,9 M €	-391%	-385 k €	+82.7%	-2,2 M €	-69.3%	-1,3 M €
Total assets	7,5 M €	+91.6%	3,9 M €	+44.4%	2,7 M €	+45.0%	1,9 M €	+115%	865,2 k €
Cash	30,3 k €	+172%	11,1 k €	-91.0%	124 k €	-82.9%	723,6 k €	+3964%	17,8 k €
Debts	6,1 M €	+35.8%	4,5 M €	+107%	2,2 M €	-35.8%	3,4 M €	+74.0%	2 M €
Other
Workforce	25,6 ETP	+14.8%	22,3 ETP	+39.4%	16,0 ETP	+20.3%	13,3 ETP	+56.5%	8,5 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

5 active · 12 ended

Active mandates

Walter CAPPILATI

Director · since 01 janvier 2025 · until 30 mai 2031

Active

Alexis Caurette

Director · since 09 novembre 2023 · until 26 mai 2028

Active

Alain QUEVRIN

Director · since 11 octobre 2022 · until 28 mai 2027

Active

Christophe BIANCO

Director · since 28 février 2022 · until 26 mai 2028

Active

Vincens XAVIER

Director · since 28 février 2022 · until 26 mai 2028

Active

Ended mandates

Alain Quevrin

Director · since 11 octobre 2022 · until 26 mai 2028

Ended

Gareth Williams

Director · since 11 octobre 2022 · until 09 novembre 2023

Ended

Gareth Williams

Director · since 11 octobre 2022 · until 26 mai 2028

Ended

Pierre-Yves Jolivet

Director · since 11 octobre 2022 · until 26 mai 2028

Ended

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Avenue Pasteur 6 1300 Wavre

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Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/06/2025	16/05/2024	15/06/2023	03/03/2022	24/03/2021	29/09/2020
General meeting	30/05/2025	10/05/2024	26/05/2023	28/02/2022	25/02/2021	10/07/2020
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 9 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	30/05/2025	03/06/2025	French	PDF
Full model	31/12/2023	10/05/2024	16/05/2024	French	PDF
Full model	31/12/2022	26/05/2023	15/06/2023	French	PDF
Abridged model	31/12/2021	28/02/2022	03/03/2022	French	PDF
Abridged model	31/12/2020	25/02/2021	24/03/2021	French	PDF
Abridged model	31/12/2019	10/07/2020	29/09/2020	French	PDF
Abridged model	31/12/2018	28/06/2019	26/07/2019	French	PDF
Abridged model	31/12/2017	25/05/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	22/06/2017	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

5 active · 12 ended

Active mandates

Walter CAPPILATI

Director · since 01 janvier 2025 · until 30 mai 2031

Active

Alexis Caurette

Director · since 09 novembre 2023 · until 26 mai 2028

Active

Alain QUEVRIN

Director · since 11 octobre 2022 · until 28 mai 2027

Active

Christophe BIANCO

Director · since 28 février 2022 · until 26 mai 2028

Active

Vincens XAVIER

Director · since 28 février 2022 · until 26 mai 2028

Active

Ended mandates

Alain Quevrin

Director · since 11 octobre 2022 · until 26 mai 2028

Ended

Gareth Williams

Director · since 11 octobre 2022 · until 09 novembre 2023

Ended

Gareth Williams

Director · since 11 octobre 2022 · until 26 mai 2028

Ended

Pierre-Yves Jolivet

Director · since 11 octobre 2022 · until 26 mai 2028

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates26/05/2026
DEMISSIONS, NOMINATIONS
PDF
Capital / shares13/01/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Mandates14/03/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates20/08/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates05/02/2024
DENOMINATION
PDF
Mandates27/12/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates27/04/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates03/11/2022
DEMISSIONS, NOMINATIONS
PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

2024
Annual accounts 2024-323,1 k €↑
2023
Annual accounts 2023-1,5 M €↓
2023
Name changeThales Cyber Solutions Belgium
2022
Annual accounts 2022-801,8 k €↑
2021
Annual accounts 2021-911,5 k €↓
2020
Annual accounts 2020-686,8 k €↑
2019
Annual accounts 2019-744,4 k €↓
2018
Annual accounts 2018-361,1 k €↑
2017
Annual accounts 2017-710,2 k €↓
2016
Annual accounts 2016-145,1 k €
30/05/2016
IncorporationPublic limited company
2016
Name changeExcellium Services Belgium

Thales Cyber Solutions Belgium

Overview

Identity

Financials

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

Timeline