NORMAL SITUATION

EFFEX

Financial year 2025 · closed on 31/12/2025
Net result
-884,6 k €
-74.9% YoY
Gross margin
-526,4 k €
-23.7% YoY
Equity
630,4 k €
-58.4% YoY

Company — Normal situation.

Strike-off: 28 mai 2026

What does EFFEX do?

EFFEX is a Private limited company incorporated in 2023.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0802.366.578
Incorporation
02/06/2023
Legal form
Private limited company
Contributed capital
2 020 673,50 €
Latest accounts
31/12/2025
Signals
Solid equity
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20252024
Income statement
Gross margin-526,4 k €-425,6 k €
EBITDA-677,5 k €-426,5 k €
Operating result-890,2 k €-549,9 k €
Net result-884,6 k €-505,6 k €
Balance sheet
Equity630,4 k €1,5 M €
Total assets870,6 k €1,7 M €
Cash89,7 k €107,6 k €
Debts215,4 k €123,4 k €
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 5 ended

Active mandates

Dualgorythm

Director · since 03 juillet 2023 · 0801.716.381

Represented by Jose Nuñez Ares

Active
Flanders Future Techfund

Director · since 03 juillet 2023 · 0729.794.445

Represented by Michael Raes

Active
THE DEWI CORP.

Managing director · since 03 juillet 2023 · 0742.591.319

Represented by Dewi Van De Vyver

Active
VOLTA VENTURES II

Director · since 03 juillet 2023 · 0740.541.253

Represented by Sander Vonk

Active
Hilde Van Brempt

Director · since 29 juin 2023

Active

Ended mandates

Dualgorythm

Managing director · since 03 juillet 2023 · 0801.716.381

Represented by Nuñez ARES JOSE

Ended
Flanders Future Techfund

Director · since 03 juillet 2023 · 0729.794.445

Represented by Raes MICHAËL

Ended
Hilde Van Brempt

Director · since 03 juillet 2023

Ended
THE DEWI CORP.

Managing director · since 03 juillet 2023 · 0742.591.319

Represented by Van DE VYVER DEWI

Ended
Annual accounts

Full financial information

20252024
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202502/06/2023
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months19 months
Filing date12/03/202629/08/2025
General meeting09/03/202629/08/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202509/03/202612/03/2026DutchPDF
Abridged model31/12/202429/08/202529/08/2025DutchPDF
Estimate

Indicative valuation

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 · 5 active · 5 ended

Active mandates

Dualgorythm

Director · since 03 juillet 2023 · 0801.716.381

Represented by Jose Nuñez Ares

Active
Flanders Future Techfund

Director · since 03 juillet 2023 · 0729.794.445

Represented by Michael Raes

Active
THE DEWI CORP.

Managing director · since 03 juillet 2023 · 0742.591.319

Represented by Dewi Van De Vyver

Active
VOLTA VENTURES II

Director · since 03 juillet 2023 · 0740.541.253

Represented by Sander Vonk

Active
Hilde Van Brempt

Director · since 29 juin 2023

Active

Ended mandates

Dualgorythm

Managing director · since 03 juillet 2023 · 0801.716.381

Represented by Nuñez ARES JOSE

Ended
Flanders Future Techfund

Director · since 03 juillet 2023 · 0729.794.445

Represented by Raes MICHAËL

Ended
Hilde Van Brempt

Director · since 03 juillet 2023

Ended
THE DEWI CORP.

Managing director · since 03 juillet 2023 · 0742.591.319

Represented by Van DE VYVER DEWI

Ended
Shareholders

Ownership and network

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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 2025-884,6 k €
  2. 2024
    Annual accounts 2024-505,6 k €
  3. 02/06/2023
    IncorporationPrivate limited company