ACTIVE

[Partners Through Innovation]²

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Financial year 2025 · Closed on 31/03/2025

Net result3,1 M €+26,8 %over 1 year
Revenue15 M €-82,5 %over 1 year
Equity6,7 M €-26,4 %over 1 year
Workforce76,4 ETP-34,9 %over 1 year

Identity

Source · BCE/KBO

[Partners Through Innovation]² is a Private limited company incorporated in 2017. Its main activity is: Computer consultancy activities. Its registered office is in Saint-Josse-ten-Noode. It employs on average 76,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0685.928.669
Incorporation
14/12/2017
Legal form
Private limited company
Registered office
Place Charles Rogier 11
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Contributed capital
2 751 895,00 €
Latest accounts
31/03/2025
Average workforce
76,4 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityHealthy social debtsHigh revenue

Financials

Source · NBB, 16 filings

Trend over 6 financial years

20252024202320212020
Income statement
Revenue15 M €85,6 M €161,9 M €129 M €124,5 M €
EBITDA-7 M €-70,1 k €-5 M €-6,3 M €4,1 M €
Operating result2,6 M €1,8 M €4,3 M €3,9 M €3 M €
Net result3,1 M €2,4 M €3 M €2,7 M €-4,6 M €
Balance sheet
Equity6,7 M €9,2 M €6,7 M €9,7 M €7 M €
Total assets18,9 M €28,5 M €54,4 M €78,7 M €81,1 M €
Cash61,1 k €37,9 k €100,5 k €183,4 k €222,1 k €
Debts5 M €2,4 M €25,9 M €37,6 M €32,8 M €
Other
Workforce76,4 ETP117,3 ETP143,8 ETP186,3 ETP200,0 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 31/03/2025

3 active · 11 ended

Active mandates

Anton WILSENS

Mandate

Active
Ravikiran GULLAPALLI

Mandate

Active
Xerxes COOPER

Mandate

Active

Ended mandates

Bram SOMERS

Director · since 01 janvier 2022 · until 19 juin 2028

Ended
Richard RUIZ

Chairman of the board of directors · since 01 janvier 2022 · until 19 juin 2028

Ended
Ravikiran GULLAPALLI

Director · since 15 juin 2020 · until 15 juin 2026

Ended
Barthel VAN DEN DAELE

Chairman of the board of directors · since 14 décembre 2017 · until 01 janvier 2022

Ended

Other companies at this address

Place Charles Rogier 11 1210 Saint-Josse-ten-Noode
CompanyCBE no.
BELFIUS ASSET FINANCE HOLDING● Active
0893.860.839
Belfius Asset Management● Active
0654.876.296
BELFIUS ASSURANCES● Active
0405.764.064
Belfius Bank Pillar 2 Group● Active
1015.809.041
BELFIUS BANQUE● Active
0403.201.185
BELFIUS COMMERCIAL FINANCE● Active
0440.627.349
Belfius Equities● Active
0444.229.910
BELFIUS FIDUCIAIRE● Active
0416.799.201
BELFIUS FOUNDATION● Active
0846.556.909
BELFIUS FULLINVEST, SICAV de droit belge● Active
0445.784.878
Belfius Global● Active
0662.402.805
BELFIUS IMMO● Active
0436.006.090
BELFIUS LEASE● Active
0431.916.551
BELFIUS LEASE SERVICES● Active
0427.903.127
BELFIUS MANAGED PORTFOLIO● Active
0685.973.013
BELFIUS OFP● Active
0432.090.755
Belfius Pension Fund Balanced Plus● Active
0737.403.601
Belfius Pension Fund High Equities● Active
0737.404.787
Belfius Pension Fund Low Equities● Active
0737.404.094
Belfius Plan Bonds● Active
0737.403.007

Full financial information

Source · NBB
202520242023202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202401/04/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/03/202531/03/202431/03/202331/12/202131/12/202031/12/2019
Length of the financial year12 months12 months15 months12 months12 months12 months
Filing date18/09/202524/09/202402/04/202418/07/202224/06/202125/06/2020
General meeting15/09/202516/09/202418/09/202320/06/202221/06/202115/06/2020
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, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202515/09/202518/09/2025FrenchPDF
Full model31/03/202515/09/202518/09/2025DutchPDF
Full model31/03/202416/09/202424/09/2024FrenchPDF
Full model31/03/202416/09/202424/09/2024DutchPDF
Full modelCorrection31/03/202318/09/202302/04/2024DutchPDF
Full modelCorrection31/03/202318/09/202302/04/2024FrenchPDF
Full model31/03/202318/09/202319/09/2023DutchPDF
Full model31/03/202318/09/202319/09/2023FrenchPDF
Full model31/12/202120/06/202218/07/2022DutchPDF
Full model31/12/202120/06/202205/07/2022FrenchPDF
Full model31/12/202021/06/202124/06/2021DutchPDF
Full model31/12/202021/06/202124/06/2021FrenchPDF
Full model31/12/201915/06/202025/06/2020DutchPDF
Full model31/12/201915/06/202025/06/2020FrenchPDF
Full model31/12/201817/06/201911/07/2019DutchPDF
Full model31/12/201817/06/201908/07/2019FrenchPDF

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 31/03/2025

3 active · 11 ended

Active mandates

Anton WILSENS

Mandate

Active
Ravikiran GULLAPALLI

Mandate

Active
Xerxes COOPER

Mandate

Active

Ended mandates

Bram SOMERS

Director · since 01 janvier 2022 · until 19 juin 2028

Ended
Richard RUIZ

Chairman of the board of directors · since 01 janvier 2022 · until 19 juin 2028

Ended
Ravikiran GULLAPALLI

Director · since 15 juin 2020 · until 15 juin 2026

Ended
Barthel VAN DEN DAELE

Chairman of the board of directors · since 14 décembre 2017 · until 01 janvier 2022

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/04/2025
    DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates18/04/2025
    OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates14/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares27/09/2024
    CAPITAL, ACTIONS
    PDF
  • Capital / shares27/09/2024
    KAPITAAL - AANDELEN
    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 20253,1 M €↑
  2. 16/09/2024
    reconductionPricewaterhouseCoopers Réviseurs d'Entreprises — commissaire
  3. 16/09/2024
    reconductionPricewaterhouseCoopers Bedrijfsrevisoren BV — commissaris
  4. 2024
    Annual accounts 20242,4 M €↓
  5. 2023
    Annual accounts 20233 M €↑
  6. 21/10/2022
    nominationXerxes Cooper — administrateur A
  7. 21/10/2022
    nominationXerxes Cooper — A-bestuurder
  8. 01/07/2022
    nominationAnton Wilsens — gedelegeerd bestuurder
  9. 01/06/2022
    nominationAnton Wilsens — administrateur A
  10. 01/06/2022
    nominationAnton Wilsens — A-bestuurder
  11. 2021
    Annual accounts 20212,7 M €↑
  12. 2020
    Annual accounts 2020-4,6 M €↓
  13. 2019
    Annual accounts 20192,1 M €
  14. 14/12/2017
    IncorporationPrivate limited company