ACTIVE

eFlow Connect

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Financial year 2025 · closed on 31/12/2025

Net result

2,9 M €

+20.8% YoY

Gross margin

4,1 M €

+24.5% YoY

Equity

1,1 M €

-34.5% YoY

Workforce

1,0 ETP

What does eFlow Connect do?

eFlow Connect is a Private limited company incorporated in 2021. Its main activity is: Management consultancy activities. Its registered office is in Ottignies-Louvain-la-Neuve. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0767.373.928

Incorporation

22/04/2021

Legal form

Private limited company

Registered office

Traverse d'Esope 6
1348 Ottignies-Louvain-la-Neuve · WallonieSee on map

Contributed capital

1 598,30 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 85599Other education n.e.c.85599Other education n.e.c.70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (1)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 5 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	4,1 M €	+24.5%	3,3 M €	+4.4%	3,2 M €	+27.4%	2,5 M €	+528%	397,1 k €
EBITDA	3,8 M €	+18.0%	3,2 M €	+5.7%	3 M €	+24.0%	2,5 M €	+519%	397 k €
Operating result	3,8 M €	+18.6%	3,2 M €	+6.3%	3 M €	+24.5%	2,4 M €	+511%	396,9 k €
Net result	2,9 M €	+20.8%	2,4 M €	+6.0%	2,3 M €	+34.3%	1,7 M €	+499%	281,6 k €
Balance sheet
Equity	1,1 M €	-34.5%	1,7 M €	-61.3%	4,4 M €	+124%	1,9 M €	+644%	261,6 k €
Total assets	3,3 M €	+26.2%	2,6 M €	-45.9%	4,8 M €	+66.2%	2,9 M €	+715%	356,3 k €
Cash	1,9 M €	+76.8%	1,1 M €	+80.8%	608,2 k €	+20.4%	505 k €	+217%	159,3 k €
Debts	2,2 M €	+145%	893,8 k €	+107%	432,2 k €	-54.3%	945,9 k €	+899%	94,7 k €
Other
Workforce	1,0 ETP		–		1,0 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Benjamin JOYEUX

Managing director · since 01 janvier 2025

Active

David VAN DER PLICHT

Managing director · since 01 janvier 2025

Active

Ended mandates

Benjamin Joyeux

Director · since 22 avril 2021

Ended

Benjamin Joyeux

Director

Ended

Benjamin Joyeux

Managing director

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021
Type of account	Abridged model	Micro model	Abridged model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	22/04/2021
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021
Length of the financial year	12 months	12 months	12 months	12 months	9 months
Filing date	24/06/2026	03/07/2025	11/06/2024	21/04/2023	29/08/2022
General meeting	22/06/2026	16/06/2025	24/01/2024	07/04/2023	29/04/2022
Currency of the financial year	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	22/06/2026	24/06/2026	French	PDF
Micro model	31/12/2024	16/06/2025	03/07/2025	French	PDF
Abridged model	31/12/2023	24/01/2024	11/06/2024	French	PDF
Micro model	31/12/2022	07/04/2023	21/04/2023	French	PDF
Micro model	31/12/2021	29/04/2022	29/08/2022	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Benjamin JOYEUX

Managing director · since 01 janvier 2025

Active

David VAN DER PLICHT

Managing director · since 01 janvier 2025

Active

Ended mandates

Benjamin Joyeux

Director · since 22 avril 2021

Ended

Benjamin Joyeux

Director

Ended

Benjamin Joyeux

Managing director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/07/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates04/02/2025
DEMISSIONS, NOMINATIONS
PDF
Restructuring05/04/2024
DENOMINATION - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring22/12/2023
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Other30/04/2021
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...) - DEMISSIONS, NOMINATIONS
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

2025
Annual accounts 20252,9 M €↑
2024
Annual accounts 20242,4 M €↑
2024
Name changeeFlow Processing
2023
Annual accounts 20232,3 M €↑
2023
Name changeMoon 22 capital Management
2022
Annual accounts 20221,7 M €↑
2021
Annual accounts 2021281,6 k €
22/04/2021
IncorporationPrivate limited company
2021
Name changeMoon22 capital Management

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

eFlow Connect

Overview

What does eFlow Connect do?

Trend over 5 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline