ACTIVE

eFFiciency research

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Financial year 2025 · closed on 31/12/2025
Net result
27,1 k €
+32.8% YoY
Gross margin
70,4 k €
+47.1% YoY
Equity
5,2 k €
-93.3% YoY

What does eFFiciency research do?

eFFiciency research is a Private limited company incorporated in 2020. Its main activity is: Computer programming activities. Its registered office is in Liège.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0744.499.150
Incorporation
27/02/2020
Legal form
Private limited company
Registered office
Rue Bois-la-Dame 124
4020 Liège · WallonieSee on map
Contributed capital
100,00 €
Latest accounts
31/12/2025
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities62090Other information technology and computer service activities62900Computer programming, consultancy and related activities
Contacts
2 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin70,4 k €47,9 k €40,4 k €26,6 k €29,8 k €45,8 k €
EBITDA67,8 k €45,8 k €38,2 k €25,1 k €28,1 k €44,2 k €
Operating result44,4 k €28,3 k €22,7 k €8,2 k €11,9 k €38,3 k €
Net result27,1 k €20,4 k €16,5 k €4,2 k €7,7 k €29,2 k €
Balance sheet
Equity5,2 k €78,1 k €57,6 k €41,2 k €37 k €29,3 k €
Total assets645,5 k €292,9 k €309,2 k €304,1 k €342,5 k €326,3 k €
Cash26,8 k €21,8 k €5,3 k €2,3 k €50,3 k €31,6 k €
Debts640,2 k €214,6 k €251,5 k €263 k €305,5 k €297 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

FABRICE FREBEL

Director

Active
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202127/02/2020
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 months11 months
Filing date26/06/202624/02/202617/08/202424/08/202322/08/202226/08/2021
General meeting25/06/202618/02/202621/06/202416/06/202317/06/202218/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202525/06/202626/06/2026FrenchPDF
Micro model31/12/202418/02/202624/02/2026FrenchPDF
Micro model31/12/202321/06/202417/08/2024FrenchPDF
Micro model31/12/202216/06/202324/08/2023FrenchPDF
Micro model31/12/202117/06/202222/08/2022FrenchPDF
Micro model31/12/202018/06/202126/08/2021FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

FABRICE FREBEL

Director

Active
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other02/03/2020
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

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 202527,1 k €↑
  2. 2024
    Annual accounts 202420,4 k €↑
  3. 2023
    Annual accounts 202316,5 k €↑
  4. 2022
    Annual accounts 20224,2 k €↓
  5. 2021
    Annual accounts 20217,7 k €↓
  6. 2020
    Annual accounts 202029,2 k €
  7. 27/02/2020
    IncorporationPrivate limited company