Business Elements Reply
0675.439.209 · rovalta.com · 21/09/2026
ACTIVE
Business Elements Reply
Financial year 2025 · closed on 31/12/2025
Net result
1,3 M €
+1112.0% YoY
Revenue
18,3 M €
+35.8% YoY
Equity
2,4 M €
+15.5% YoY
Workforce
52,4 ETP
-5.4% YoY
Overview
What does Business Elements Reply do?
Business 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
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
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Financials
Trend over 7 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 € | -270% | 196,1 k € | -72.3% | 708,5 k € |
| Operating result | 1,9 M € | +1233% | 140,9 k € | -90.0% | 1,4 M € | +9.0% | 1,3 M € | +424% | -399,3 k € | -373% | 146,5 k € | -78.2% | 673 k € |
| Net result | 1,3 M € | +1112% | -131,2 k € | -114% | 925,4 k € | -6.2% | 986,8 k € | +336% | -418,4 k € | -4271% | -9,6 k € | -102% | 397,2 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 € | -55.4% | 754,7 k € | -1.3% | 764,3 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 € | -22.4% | 4 M € | +91.7% | 2,1 M € |
| Cash | 1,3 M € | +26.2% | 1 M € | -26.0% | 1,4 M € | +23.9% | 1,1 M € | +230% | 332,7 k € | +52.1% | 218,7 k € | +91.1% | 114,5 k € |
| Debts | 5,2 M € | +114% | 2,4 M € | -24.2% | 3,2 M € | +9.6% | 2,9 M € | +12.3% | 2,6 M € | -17.3% | 3,2 M € | +145% | 1,3 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 | +12.9% | 44,1 ETP | +17.3% | 37,6 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 6 ended
Active mandates
Lionel van Zyl
ActiveFlavia REBUFFAT
ActiveFREDERIC GIELEN
ActiveLaurent DERAMAIX
ActiveEnded mandates
Laurent DERAMAIX
EndedFlavia REBUFFAT
EndedFrédéric GIELEN
EndedLaurent DERAMAIX
EndedAt this address
Other companies at this address
| 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
Annual accounts
Full financial information
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
8 filings with the NBB
| 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
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.
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
Governance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 6 ended
Active mandates
Lionel van Zyl
ActiveFlavia REBUFFAT
ActiveFREDERIC GIELEN
ActiveLaurent DERAMAIX
ActiveEnded mandates
Laurent DERAMAIX
EndedFlavia REBUFFAT
EndedFrédéric GIELEN
EndedLaurent DERAMAIX
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- 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
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 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 €↓
- 2021Name changeBUSINESS ELEMENTS BELGIUM
- 2020Annual accounts 2020-9,6 k €↓
- 2019Annual accounts 2019397,2 k €
- 04/05/2017IncorporationPublic limited company