Business Elements Reply
0675.439.209 · rovalta.com · 06/11/2026
ACTIVE
Business Elements Reply
Financial year 2025 · Closed on 31/12/2025
Net result1,3 M €+1 112,0 %over 1 year
Revenue18,3 M €+35,8 %over 1 year
Equity2,4 M €+15,5 %over 1 year
Workforce52,4 ETP-5,4 %over 1 year
Overview
Identity
Source · BCE/KBOBusiness Elements Reply is a Public limited company incorporated in 2017. Its main activity is: Computer consultancy activities. Its registered office is in Bruxelles. It employs on average 52,4 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0675.439.209
- Incorporation
- 04/05/2017
- Legal form
- Public limited company
- Registered office
- Rue de Loxum 25
1000 Bruxelles · BruxellesSee on map - Contributed capital
- 61 500,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 52,4 ETP
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities47400Retail sale of information and communication equipment in specialised stores47410Retail sale of computers, peripheral units and software in specialised stores70200Management consultancy activities70220Business and other management consultancy activities
Joint committees (2)
- 200
- 20000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 8 filingsTrend over 7 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 18,3 M € | +35.8% | 13,5 M € | – | – | – | |||
| EBITDA | 1,9 M € | +870% | 198,6 k € | -86.5% | 1,5 M € | +8.9% | 1,3 M € | +504% | -333,1 k € |
| Operating result | 1,9 M € | +1233% | 140,9 k € | -90.0% | 1,4 M € | +9.0% | 1,3 M € | +424% | -399,3 k € |
| Net result | 1,3 M € | +1112% | -131,2 k € | -114% | 925,4 k € | -6.2% | 986,8 k € | +336% | -418,4 k € |
| Balance sheet | |||||||||
| Equity | 2,4 M € | +15.5% | 2,1 M € | -5.8% | 2,2 M € | +69.9% | 1,3 M € | +293% | 336,3 k € |
| Total assets | 8 M € | +73.2% | 4,6 M € | -16.2% | 5,5 M € | +26.3% | 4,4 M € | +42.4% | 3,1 M € |
| Cash | 1,3 M € | +26.2% | 1 M € | -26.0% | 1,4 M € | +23.9% | 1,1 M € | +230% | 332,7 k € |
| Debts | 5,2 M € | +114% | 2,4 M € | -24.2% | 3,2 M € | +9.6% | 2,9 M € | +12.3% | 2,6 M € |
| Other | |||||||||
| Workforce | 52,4 ETP | -5.4% | 55,4 ETP | -11.5% | 62,6 ETP | +25.7% | 49,8 ETP | 0.0% | 49,8 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20254 active · 2 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Lionel van Zyl | Director18/12/2024 → 18/12/2030 | ||
Laurent DERAMAIX | Managing directorsince 23/04/2020Director23/04/2020 → 2020 accountsended | ||
Flavia REBUFFAT | Director28/05/2021 → 17/05/2027 | ||
FREDERIC GIELEN | Director28/05/2021 → 17/05/2027 |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Jones AKTAN | Chairman of the board of directors03/05/2017 → 2020 accounts | ||
Stéphane DORREKENS | Managing director03/05/2017 → 2020 accounts |
Other companies at this address
Rue de Loxum 25 1000 Bruxelles| Company | CBE no. |
|---|---|
Advocatenkantoor HENK VERSTRAETE● Active | 0839.606.264 |
AVANTAGE REPLY (BELGIUM)● Active | 0835.162.872 |
Avenir Reply● Active | 0722.844.988 |
DKERDA● Active | 0718.672.010 |
DKV BELGIUM● Active | 0414.858.607 |
DKV Services Belgium● Active | 1034.830.543 |
ERGO Audit Hub Belgium● Active | 0690.957.526 |
ERGO INSURANCE● Active | 0414.875.829 |
| 0690.959.110 | |
GLEISS-LUTZ-HOOTZ-HIRSCH & PARTN● Active | 0544.194.645 |
HANS VAN BAVEL● Active | 0861.261.911 |
| 0867.548.994 | |
OLIVER STEVENS, ADVOCATENKANTOOR● Active | 0644.803.936 |
Raphaël Wettasinghe Avocat● Active | 1038.214.457 |
REPLY BELGIUM● Active | 0546.619.546 |
R. Nauwelaerts● Active | 0863.137.870 |
SISLEY Belgique● Active | 0836.849.781 |
SPRINT REPLY● Active | 0674.508.405 |
STIBBE● Active | 0429.914.688 |
Twin Springs● Active | 1038.894.942 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Abridged model | Abridged model | Abridged 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 | 13/12/2023 | 07/03/2023 | 31/08/2021 |
| General meeting | 26/06/2026 | 27/06/2025 | 28/06/2024 | 09/10/2023 | 02/03/2023 | 20/05/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 8 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 26/06/2026 | 23/07/2026 | French | |
| Full model | 31/12/2024 | 27/06/2025 | 30/07/2025 | French | |
| Abridged model | 31/12/2023 | 28/06/2024 | 19/08/2024 | French | |
| Abridged model | 31/12/2022 | 09/10/2023 | 13/12/2023 | French | |
| Abridged model | 31/12/2021 | 02/03/2023 | 07/03/2023 | French | |
| Abridged model | 31/12/2020 | 20/05/2021 | 31/08/2021 | French | |
| Abridged model | 31/12/2019 | 21/05/2020 | 14/08/2020 | French | |
| Abridged model | 31/12/2018 | 16/05/2019 | 31/05/2019 | French |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20254 active · 2 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Lionel van Zyl | Director18/12/2024 → 18/12/2030 | ||
Laurent DERAMAIX | Managing directorsince 23/04/2020Director23/04/2020 → 2020 accountsended | ||
Flavia REBUFFAT | Director28/05/2021 → 17/05/2027 | ||
FREDERIC GIELEN | Director28/05/2021 → 17/05/2027 |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Jones AKTAN | Chairman of the board of directors03/05/2017 → 2020 accounts | ||
Stéphane DORREKENS | Managing director03/05/2017 → 2020 accounts |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Registered office28/08/2026Transfert de siège
- Mandates23/05/2025DEMISSIONS, NOMINATIONS
- Mandates31/12/2024DEMISSIONS, NOMINATIONS
- Mandates20/12/2024STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION
- Registered office14/06/2024SIEGE SOCIAL
- Other09/02/2024STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates07/07/2022DEMISSIONS, NOMINATIONS
- Mandates08/02/2022DEMISSIONS, NOMINATIONS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings7 filings
Mandates
Lionel van Zyl
Flavia REBUFFAT
FREDERIC GIELEN
Laurent DERAMAIX
Stéphane DORREKENS
Jones AKTAN
20172018201920202021202220232024202520262027202820292030
Business Elements ReplyBUSINESS ELEMENTS BELGIUM
Avenue Ariane 5, 1200 Woluwe-Saint-LambertGulledelle 96, 1200 Woluwe-Saint-Lambert
Director
Director
Director
Managing director
Managing director
Chairman of the board of directors
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Rue de Loxum 25, 1000 BrusselsCurrent | CBE | |
| Avenue Ariane 5, 1200 Woluwe-Saint-Lambert | accounts 2023 → 2025 | Accounts 2025 · 2026-00321634 |
| Gulledelle 96, 1200 Woluwe-Saint-Lambert | accounts 2021 → 2022 | Accounts 2022 · 2023-00530937 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| Business Elements ReplyCurrent | accounts 2024 → 2025 | Accounts 2025 · 2026-00321634 |
| BUSINESS ELEMENTS BELGIUM | accounts 2021 → 2023 | Accounts 2023 · 2024-00355664 |
Events
- 2025Annual accounts 20251,3 M €↑
- 2024Annual accounts 2024-131,2 k €↓
- 2024Name changeBusiness Elements Reply
- 2023Annual accounts 2023925,4 k €↓
- 2022Annual accounts 2022986,8 k €↑
- 2021Annual accounts 2021-418,4 k €↓
- 2020Annual accounts 2020-9,6 k €↓
- 2019Annual accounts 2019397,2 k €
- 04/05/2017IncorporationPublic limited company