ACTIVE

ELLIPSE PROJECTS Belgium

Financial year 2025 · Closed on 31/12/2025

Net result289,2 k €-67,9 %over 1 year
Gross margin951,5 k €-22,6 %over 1 year
Equity1,4 M €+26,4 %over 1 year
Workforce1,0 ETP

Identity

Source · BCE/KBO

ELLIPSE PROJECTS Belgium is a Public limited company incorporated in 2016. Its main activity is: Computer programming, consultancy and related activities. Its registered office is in Bruxelles. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0665.728.024
Incorporation
04/11/2016
Legal form
Public limited company
Registered office
Avenue des Arts 44
1040 Bruxelles · BruxellesSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 10 filings

Trend over 10 financial years

20252024202320222021
Income statement
Gross margin951,5 k €1,2 M €17,3 k €-20 k €-4,8 k €
EBITDA405,4 k €938,3 k €-34,7 k €-20,9 k €-4,8 k €
Operating result299,6 k €875,6 k €-35,9 k €-20,9 k €-4,8 k €
Net result289,2 k €902,3 k €180,8 k €-22 k €-5 k €
Balance sheet
Equity1,4 M €1,1 M €192,2 k €11,4 k €33,5 k €
Total assets23,6 M €20 M €20,6 M €63,9 k €33,7 k €
Cash3,3 M €804,2 k €1,1 M €23,2 k €29,5 k €
Debts20,1 M €18,9 M €20,1 M €52,5 k €244,1 €
Other
Workforce1,0 ETP––––

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 9 ended

Active mandates

Olivier PICARD

Director · since 18 décembre 2023 · until 18 décembre 2029

Active
Frank SIMONET

Director · since 03 avril 2023 · until 03 avril 2029

Active

Ended mandates

Nicolas E. RENOUF

Director · since 11 avril 2017 · until 15 juin 2022

Ended
Nicolas Eric Maurice Hen RENOUF

Director · since 11 avril 2017 · until 15 juin 2022

Ended
Nicolas Renouf

Director · since 11 avril 2017 · until 15 juin 2022

Ended
Nicolas RENOUF

Director · since 11 avril 2017

Ended

Other companies at this address

Avenue des Arts 44 1040 Bruxelles
CompanyCBE no.
0683.698.164
adfinitas● Active
0801.363.916
1006.772.601
0889.852.462
0751.649.040
0667.753.641
1013.200.137
0780.898.302
1012.335.550
Spotify Belgium● Active
0841.023.949
0789.483.691

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro 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 date19/08/202604/08/202513/02/202524/07/202302/08/202231/08/2021
General meeting23/07/202611/07/202511/02/202527/02/202315/06/202215/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 10 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202523/07/202619/08/2026FrenchPDF
Abridged model31/12/202411/07/202504/08/2025FrenchPDF
Abridged model31/12/202311/02/202513/02/2025FrenchPDF
Micro model31/12/202227/02/202324/07/2023FrenchPDF
Abridged model31/12/202115/06/202202/08/2022FrenchPDF
Abridged model31/12/202015/06/202131/08/2021FrenchPDF
Abridged model31/12/201931/08/202030/10/2020FrenchPDF
Abridged model31/12/201815/06/201912/09/2019FrenchPDF
Abridged model31/12/201715/06/201824/08/2018FrenchPDF
Abridged model31/12/201615/06/201731/08/2017FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 9 ended

Active mandates

Olivier PICARD

Director · since 18 décembre 2023 · until 18 décembre 2029

Active
Frank SIMONET

Director · since 03 avril 2023 · until 03 avril 2029

Active

Ended mandates

Nicolas E. RENOUF

Director · since 11 avril 2017 · until 15 juin 2022

Ended
Nicolas Eric Maurice Hen RENOUF

Director · since 11 avril 2017 · until 15 juin 2022

Ended
Nicolas Renouf

Director · since 11 avril 2017 · until 15 juin 2022

Ended
Nicolas RENOUF

Director · since 11 avril 2017

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office16/04/2020
    SIEGE SOCIAL
    PDF
  • Registered office14/11/2017
    SIEGE SOCIAL
    PDF
  • Mandates22/06/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares28/11/2016
    CAPITAL, ACTIONS - DIVERS
    PDF
  • Other08/11/2016
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

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 2025289,2 k €↓
  2. 2024
    Annual accounts 2024902,3 k €↑
  3. 2023
    Annual accounts 2023180,8 k €↑
  4. 2022
    Annual accounts 2022-22 k €↓
  5. 2021
    Annual accounts 2021-5 k €↓
  6. 2020
    Annual accounts 2020-5 k €↑
  7. 2019
    Annual accounts 2019-5,4 k €↓
  8. 2018
    Annual accounts 2018-5,4 k €↓
  9. 2017
    Annual accounts 2017-5,1 k €↓
  10. 2016
    Annual accounts 2016-2,3 k €
  11. 04/11/2016
    IncorporationPublic limited company