ACTIVE

AVANTAGE REPLY (BELGIUM)

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Financial year 2025 · closed on 31/12/2025

Net result

-611,9 k €

+59.2% YoY

Gross margin

1,9 M €

-12.4% YoY

Equity

2,5 M €

-19.9% YoY

Workforce

26,8 ETP

-35.6% YoY

What does AVANTAGE REPLY (BELGIUM) do?

AVANTAGE REPLY (BELGIUM) is a Private limited company incorporated in 2011. Its main activity is: Computer consultancy activities. Its registered office is in Bruxelles. It employs on average 26,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0835.162.872

Incorporation

05/04/2011

Legal form

Private limited company

Registered office

Rue de Loxum 25
1000 Bruxelles · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

26,8 ETP

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 62090Other information technology and computer service activities 62900Computer programming, consultancy and related activities

Joint committees (3)

200
20000
218

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	1,9 M €	-12.4%	2,2 M €	-47.2%	4,1 M €	-11.6%	4,7 M €	-2.1%	4,8 M €	+64.3%	2,9 M €	-16.4%	3,5 M €	-9.3%	3,8 M €	+13.0%	3,4 M €	+75.3%	1,9 M €	-8.6%	2,1 M €	+45.6%	1,4 M €	+269%	393,1 k €	+36.9%	287,2 k €	+405%	56,9 k €
EBITDA	-656,9 k €	+56.0%	-1,5 M €	-242%	-436,2 k €	-135%	1,2 M €	+7.4%	1,1 M €	+440%	213 k €	-75.3%	864,1 k €	-44.8%	1,6 M €	+5.1%	1,5 M €	+313%	360,7 k €	-40.2%	602,7 k €	+16.9%	515,7 k €	+197%	173,8 k €	+111%	82,5 k €	+1312%	-6,8 k €
Operating result	-638,8 k €	+57.8%	-1,5 M €	-216%	-478,2 k €	-140%	1,2 M €	+6.7%	1,1 M €	+474%	196,6 k €	-76.8%	848,1 k €	-45.5%	1,6 M €	+5.0%	1,5 M €	+319%	353,6 k €	-40.7%	596,3 k €	+16.9%	510,2 k €	+194%	173,6 k €	+111%	82,3 k €	+936%	-9,8 k €
Net result	-611,9 k €	+59.2%	-1,5 M €	-203%	-495,3 k €	-171%	700,8 k €	-8.2%	763,8 k €	+1273%	-65,1 k €	-110%	666,6 k €	-35.2%	1 M €	+15.9%	887,9 k €	+324%	209,2 k €	-44.5%	376,9 k €	+14.5%	329,3 k €	+189%	114,1 k €	+129%	49,8 k €	+727%	-8 k €
Balance sheet
Equity	2,5 M €	-19.9%	3,1 M €	-32.7%	4,6 M €	-9.8%	5,1 M €	+16.0%	4,4 M €	+21.2%	3,6 M €	-1.8%	3,7 M €	+22.2%	3 M €	+52.0%	2 M €	+81.5%	1,1 M €	+23.8%	880,7 k €	+74.8%	503,8 k €	+189%	174,5 k €	+189%	60,5 k €	+468%	10,6 k €
Total assets	3,5 M €	-25.9%	4,7 M €	-41.2%	8 M €	-43.3%	14,1 M €	+119%	6,5 M €	+20.8%	5,3 M €	-14.3%	6,2 M €	+8.6%	5,7 M €	-11.1%	6,5 M €	+83.2%	3,5 M €	+15.4%	3,1 M €	+52.7%	2 M €	+135%	850,6 k €	+66.8%	510,1 k €	+425%	97,2 k €
Cash	2,2 M €	+248%	642,2 k €	-76.0%	2,7 M €	+158%	1 M €	-38.7%	1,7 M €	+15.1%	1,5 M €	+149%	590,2 k €	-59.8%	1,5 M €	+47.9%	992,3 k €	+56.5%	634,2 k €	+45.7%	435,4 k €	+35.4%	321,6 k €	-28.7%	450,9 k €	+117%	207,9 k €	+1999%	9,9 k €
Debts	1 M €	-36.2%	1,6 M €	-52.7%	3,4 M €	-39.6%	5,5 M €	+185%	2 M €	+13.8%	1,7 M €	-33.0%	2,6 M €	-5.2%	2,7 M €	-39.5%	4,5 M €	+83.4%	2,4 M €	+12.1%	2,2 M €	+45.2%	1,5 M €	+121%	676,1 k €	+50.4%	449,6 k €	+420%	86,5 k €
Other
Workforce	26,8 ETP	-35.6%	41,6 ETP	-18.3%	50,9 ETP	+29.5%	39,3 ETP	-1.0%	39,7 ETP	+5.3%	37,7 ETP	+14.2%	33,0 ETP	+16.6%	28,3 ETP	+16.0%	24,4 ETP	+13.0%	21,6 ETP	+28.6%	16,8 ETP	-1.8%	17,1 ETP	+643%	2,3 ETP	+4.5%	2,2 ETP	+144%	0,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

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

Active mandates

LAUDER CONSULTING

Director · since 03 juin 2025 · until 03 juin 2031 · 0740.978.644

Represented by Laurent DERAMAIX

Active

Marco CUSINATO

Director · since 06 mai 2024 · until 06 mai 2030

Active

Flavia REBUFFAT

Director · since 30 juin 2021 · until 30 juin 2027

Active

Ended mandates

Daniele ANGELUCCI

Director · since 04 septembre 2014 · until 06 mai 2024

Ended

Daniele ANGELUCCI

Director · since 04 septembre 2014

Ended

FREDERIC GIELEN

Director · since 31 mars 2012 · until 03 juin 2025

Ended

FREDERIC GIELEN

Director · since 31 mars 2012

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	23/07/2026	30/07/2025	19/08/2024	13/09/2023	17/03/2023	03/12/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	31/08/2023	17/03/2023	26/10/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	23/07/2026	French	PDF
Abridged model	31/12/2024	27/06/2025	30/07/2025	French	PDF
Abridged model	31/12/2023	28/06/2024	19/08/2024	French	PDF
Abridged model	31/12/2022	31/08/2023	13/09/2023	French	PDF
Abridged modelCorrection	31/12/2021	17/03/2023	17/03/2023	French	PDF
Abridged model	31/12/2021	14/12/2022	14/12/2022	French	PDF
Abridged model	31/12/2020	26/10/2021	03/12/2021	French	PDF
Abridged model	31/12/2019	26/10/2020	29/11/2020	French	PDF
Abridged model	31/12/2018	29/07/2019	30/07/2019	French	PDF
Abridged model	31/12/2017	18/06/2018	04/08/2018	French	PDF
Abridged model	31/12/2016	29/09/2017	29/09/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	19/07/2016	French	PDF
Abridged model	31/12/2014	18/06/2015	29/06/2015	French	PDF
Abridged model	31/12/2013	26/08/2014	10/09/2014	French	PDF
Abridged model	31/12/2012	26/08/2013	27/08/2013	French	PDF
Abridged model	31/12/2011	10/08/2012	13/08/2012	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 3 active · 12 ended

Active mandates

LAUDER CONSULTING

Director · since 03 juin 2025 · until 03 juin 2031 · 0740.978.644

Represented by Laurent DERAMAIX

Active

Marco CUSINATO

Director · since 06 mai 2024 · until 06 mai 2030

Active

Flavia REBUFFAT

Director · since 30 juin 2021 · until 30 juin 2027

Active

Ended mandates

Daniele ANGELUCCI

Director · since 04 septembre 2014 · until 06 mai 2024

Ended

Daniele ANGELUCCI

Director · since 04 septembre 2014

Ended

FREDERIC GIELEN

Director · since 31 mars 2012 · until 03 juin 2025

Ended

FREDERIC GIELEN

Director · since 31 mars 2012

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office28/08/2026
Transfert de siège
PDF
Mandates10/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates23/05/2025
DEMISSIONS, NOMINATIONS
PDF
Registered office09/05/2025
SIEGE SOCIAL
PDF
Mandates23/10/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates26/06/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates09/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates03/03/2023
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 2025-611,9 k €↑
2024
Annual accounts 2024-1,5 M €↓
2023
Annual accounts 2023-495,3 k €↓
2022
Annual accounts 2022700,8 k €↓
2021
Annual accounts 2021763,8 k €↑
2020
Annual accounts 2020-65,1 k €↓
2019
Annual accounts 2019666,6 k €↓
2018
Annual accounts 20181 M €↑
2017
Annual accounts 2017887,9 k €↑
2016
Annual accounts 2016209,2 k €↓
2015
Annual accounts 2015376,9 k €↑
2014
Annual accounts 2014329,3 k €↑
2013
Annual accounts 2013114,1 k €↑
2012
Annual accounts 201249,8 k €↑
2011
Annual accounts 2011-8 k €
05/04/2011
IncorporationPrivate 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

AVANTAGE REPLY (BELGIUM)

Overview

What does AVANTAGE REPLY (BELGIUM) do?

Trend over 15 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