ACTIVE

ECORYS BRUSSELS

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Financial year 2025 · closed on 31/12/2025

Net result

993,4 k €

+2992.3% YoY

Revenue

30,8 M €

-7.8% YoY

Equity

1,9 M €

+106.9% YoY

Workforce

111,7 ETP

-11.8% YoY

What does ECORYS BRUSSELS do?

ECORYS BRUSSELS is a Public limited company incorporated in 2009. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles. It employs on average 111,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0808.974.951

Incorporation

09/01/2009

Legal form

Public limited company

Registered office

Avenue des Arts 46
1000 Bruxelles · BruxellesSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

111,7 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.

Joint committees (3)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Revenue	30,8 M €	-7.8%	33,4 M €	+17.7%	28,3 M €	+60.8%	17,6 M €	+5.4%	16,7 M €	+12.5%	14,9 M €		–		–		–		–		2 M €	+12.2%	1,8 M €	+5.1%	1,7 M €	+49.7%	1,1 M €	-43.7%	2 M €	+9.9%	1,8 M €	+25.6%	1,5 M €
EBITDA	1,9 M €	+262%	530,6 k €	+8.8%	487,6 k €	+176%	176,7 k €	-16.5%	211,6 k €	+8.3%	195,5 k €	-32.9%	291,1 k €	-8.4%	317,8 k €	+42.7%	222,7 k €	+80.9%	123,1 k €	+13.9%	108,1 k €	+37.0%	78,9 k €	+35.8%	58,1 k €	+95.8%	29,7 k €	-30.8%	42,9 k €	+6.5%	40,3 k €	-33.8%	60,8 k €
Operating result	1,7 M €	+378%	364,5 k €	-4.6%	382 k €	+328%	89,3 k €	-35.8%	139 k €	-6.6%	148,8 k €	-29.8%	212 k €	-28.0%	294,6 k €	+47.7%	199,5 k €	+80.8%	110,4 k €	+7.2%	102,9 k €	+41.3%	72,8 k €	+40.6%	51,8 k €	+121%	23,4 k €	-36.1%	36,6 k €	+7.7%	34 k €	-29.8%	48,4 k €
Net result	993,4 k €	+2992%	32,1 k €	-79.9%	159,8 k €	+373%	33,8 k €	-47.6%	64,5 k €	+0.6%	64,1 k €	-35.1%	98,7 k €	-41.5%	168,8 k €	+63.3%	103,4 k €	+127%	45,6 k €	-10.1%	50,7 k €	+79.0%	28,3 k €	+44.6%	19,6 k €	+456%	3,5 k €	-59.2%	8,7 k €	-33.7%	13,1 k €	-46.7%	24,5 k €
Balance sheet
Equity	1,9 M €	+107%	929,1 k €	+3.6%	897 k €	+21.7%	737,2 k €	+4.8%	703,4 k €	+10.1%	638,9 k €	+11.2%	574,8 k €	+20.7%	476,1 k €	+32.6%	358,9 k €	+40.4%	255,6 k €	+21.7%	210 k €	+31.9%	159,2 k €	+21.7%	130,9 k €	+17.6%	111,3 k €	+3.3%	107,7 k €	+8.7%	99,1 k €	+15.2%	86 k €
Total assets	14,2 M €	+6.6%	13,3 M €	+2.8%	12,9 M €	+22.9%	10,5 M €	+59.5%	6,6 M €	-2.9%	6,8 M €	+31.4%	5,2 M €	+9.0%	4,7 M €	+68.8%	2,8 M €	+69.0%	1,7 M €	+27.2%	1,3 M €	+24.1%	1,1 M €	+39.1%	756,4 k €	-12.9%	868,3 k €	-2.3%	889 k €	-19.8%	1,1 M €	+28.0%	866,4 k €
Cash	341,6 k €	+79.8%	189,9 k €	+13.0%	168,1 k €	-76.0%	700,7 k €	+155%	275,1 k €	+37.6%	199,9 k €	-45.2%	364,6 k €	-16.3%	435,7 k €	+137%	183,8 k €	-35.3%	284,1 k €	+10312%	2,7 k €	-96.4%	76,8 k €	+321%	18,2 k €	+92.1%	9,5 k €	-97.6%	392,1 k €	+1697%	21,8 k €	-34.1%	33,1 k €
Debts	12,2 M €	-0.9%	12,4 M €	+2.7%	12 M €	+23.0%	9,8 M €	+66.0%	5,9 M €	-4.3%	6,2 M €	+35.6%	4,5 M €	+6.4%	4,3 M €	+74.1%	2,4 M €	+74.1%	1,4 M €	+30.9%	1,1 M €	+28.1%	839 k €	+38.5%	605,8 k €	-18.4%	742,5 k €	+4.6%	709,7 k €	-29.1%	1 M €	+28.4%	779,6 k €
Other
Workforce	111,7 ETP	-11.8%	126,6 ETP	-1.9%	129,0 ETP	+29.1%	99,9 ETP	+21.7%	82,1 ETP	+3.5%	79,3 ETP	+32.2%	60,0 ETP	+55.8%	38,5 ETP	+42.1%	27,1 ETP	+45.7%	18,6 ETP	+57.6%	11,8 ETP	+15.7%	10,2 ETP	+7.4%	9,5 ETP	+14.5%	8,3 ETP	+18.6%	7,0 ETP	+1.4%	6,9 ETP	-15.9%	8,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 28 ended

Active mandates

Manon Janssen

Director · since 20 mai 2026 · until 03 mai 2029

Active

Jan Aulehle

Managing director · since 01 mars 2026 · until 03 mai 2029

Active

Jan Maarten De vet

Managing director · since 01 mars 2026 · until 03 mai 2029

Active

Olivier Chartier

Managing director · since 01 mars 2026 · until 03 mai 2029

Active

Ended mandates

Manon Jansen

Director · since 25 octobre 2023 · until 07 mai 2026

Ended

Edward Phillips

Managing director · since 15 juin 2023 · until 19 décembre 2024

Ended

Edward Phillips

Managing director · since 15 juin 2023 · until 07 mai 2026

Ended

Aydin Ozgul

Managing director · since 05 août 2022 · until 02 mai 2025

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	22/05/2026	31/10/2025	19/05/2024	27/07/2023	12/08/2022	07/09/2021
General meeting	20/05/2026	31/10/2025	02/05/2024	15/06/2023	05/08/2022	06/08/2021
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

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	20/05/2026	22/05/2026	Dutch	PDF
Full model	31/12/2024	31/10/2025	31/10/2025	Dutch	PDF
Full model	31/12/2023	02/05/2024	19/05/2024	Dutch	PDF
Full model	31/12/2022	15/06/2023	27/07/2023	Dutch	PDF
Full model	31/12/2021	05/08/2022	12/08/2022	Dutch	PDF
Full model	31/12/2020	06/08/2021	07/09/2021	Dutch	PDF
Abridged model	31/12/2019	20/05/2020	19/06/2020	Dutch	PDF
Abridged model	31/12/2018	20/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	21/06/2018	30/07/2018	Dutch	PDF
Abridged model	31/12/2016	15/06/2017	30/08/2017	Dutch	PDF
Full model	31/12/2015	16/06/2016	28/07/2016	Dutch	PDF
Full model	31/12/2014	18/06/2015	30/07/2015	Dutch	PDF
Full model	31/12/2013	19/06/2014	24/07/2014	Dutch	PDF
Full model	31/12/2012	20/06/2013	29/07/2013	Dutch	PDF
Full model	31/12/2011	16/07/2012	06/11/2012	Dutch	PDF
Full model	31/12/2010	16/06/2011	26/07/2011	Dutch	PDF
Full model	31/12/2009	17/06/2010	19/07/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 4 active · 28 ended

Active mandates

Manon Janssen

Director · since 20 mai 2026 · until 03 mai 2029

Active

Jan Aulehle

Managing director · since 01 mars 2026 · until 03 mai 2029

Active

Jan Maarten De vet

Managing director · since 01 mars 2026 · until 03 mai 2029

Active

Olivier Chartier

Managing director · since 01 mars 2026 · until 03 mai 2029

Active

Ended mandates

Manon Jansen

Director · since 25 octobre 2023 · until 07 mai 2026

Ended

Edward Phillips

Managing director · since 15 juin 2023 · until 19 décembre 2024

Ended

Edward Phillips

Managing director · since 15 juin 2023 · until 07 mai 2026

Ended

Aydin Ozgul

Managing director · since 05 août 2022 · until 02 mai 2025

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares26/01/2026
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Other11/12/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates06/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/10/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates09/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/03/2024
ONTSLAGEN - BENOEMINGEN
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 2025993,4 k €↑
2024
Annual accounts 202432,1 k €↓
2023
Annual accounts 2023159,8 k €↑
2022
Annual accounts 202233,8 k €↓
2021
Annual accounts 202164,5 k €↑
2020
Annual accounts 202064,1 k €↓
2019
Annual accounts 201998,7 k €↓
2018
Annual accounts 2018168,8 k €↑
2017
Annual accounts 2017103,4 k €↑
2016
Annual accounts 201645,6 k €↓
2015
Annual accounts 201550,7 k €↑
2014
Annual accounts 201428,3 k €↑
2013
Annual accounts 201319,6 k €↑
2012
Annual accounts 20123,5 k €↓
2011
Annual accounts 20118,7 k €↓
2010
Annual accounts 201013,1 k €↓
2009
Annual accounts 200924,5 k €
09/01/2009
IncorporationPublic limited company

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

ECORYS BRUSSELS

Overview

What does ECORYS BRUSSELS do?

Trend over 17 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