ACTIVE

SMILE OPEN SOURCE SOLUTIONS

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Financial year 2025 · closed on 31/12/2025

Net result

21 k €

-1.9% YoY

Gross margin

1,3 M €

-1.4% YoY

Equity

214,6 k €

+10.8% YoY

Workforce

14,9 ETP

-5.1% YoY

What does SMILE OPEN SOURCE SOLUTIONS do?

SMILE OPEN SOURCE SOLUTIONS is a Private limited company incorporated in 2011. Its main activity is: Computer consultancy activities. Its registered office is in Woluwe-Saint-Pierre. It employs on average 14,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0839.622.201

Incorporation

21/09/2011

Legal form

Private limited company

Registered office

Avenue de Broqueville 12 box 7
1150 Woluwe-Saint-Pierre · BruxellesSee on map

Contributed capital

120 000,00 €

Latest accounts

31/12/2025

Average workforce

14,9 ETP

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 70210Public relations and communication activities 73300Advertising and market research

Joint committees (3)

200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	1,3 M €	-1.4%	1,3 M €	-11.5%	1,5 M €	+27.2%	1,1 M €	-21.8%	1,5 M €	+24.5%	1,2 M €	+80.9%	651,6 k €	+86.8%	348,8 k €	-20.8%	440,4 k €	-31.8%	645,4 k €	+24.4%	518,8 k €	+44.9%	358,1 k €	+158%	138,9 k €	-6.3%	148,3 k €
EBITDA	47,6 k €	+117%	21,9 k €	-92.9%	309,4 k €	+9662%	3,2 k €	-99.5%	648,5 k €	+25.0%	518,6 k €	+376%	108,9 k €	+171%	40,1 k €	+246%	11,6 k €	-91.7%	139,9 k €	+3.4%	135,3 k €	+208%	-125,7 k €	-76.9%	-71,1 k €	+43.2%	-125 k €
Operating result	45,7 k €	-21.0%	57,9 k €	-79.5%	281,8 k €	+502%	46,8 k €	-92.8%	648,8 k €	+38.4%	468,8 k €	+346%	105 k €	+154%	41,4 k €	+186%	14,5 k €	-92.5%	192 k €	+90.4%	100,9 k €	+154%	-187,7 k €	-121%	-84,8 k €	+34.5%	-129,4 k €
Net result	21 k €	-1.9%	21,4 k €	-88.6%	187,6 k €	+290%	48,1 k €	-89.6%	461,2 k €	+36.7%	337,4 k €	+426%	64,1 k €	+266%	17,5 k €	+302%	-8,7 k €	-105%	174,9 k €	+113%	81,9 k €	+189%	-92 k €	-4.1%	-88,4 k €	+32.8%	-131,6 k €
Balance sheet
Equity	214,6 k €	+10.8%	193,6 k €	+12.4%	172,2 k €	-6.7%	184,5 k €	+35.2%	136,5 k €	-71.3%	475,2 k €	+245%	137,8 k €	+87.0%	73,7 k €	+31.1%	56,2 k €	-13.3%	64,9 k €	+159%	-110 k €	+42.7%	-191,9 k €	-92.1%	-99,9 k €	-764%	-11,6 k €
Total assets	698,7 k €	-26.7%	952,7 k €	-17.2%	1,2 M €	+31.0%	878,6 k €	-44.6%	1,6 M €	+16.9%	1,4 M €	+141%	561,9 k €	-17.2%	678,3 k €	-9.3%	748,2 k €	+7.8%	694,2 k €	-29.0%	977,7 k €	+42.3%	687,3 k €	+149%	276,4 k €	+15.7%	238,9 k €
Cash	184,7 k €	+36.0%	135,8 k €	-33.7%	204,7 k €	-37.3%	326,6 k €	-63.7%	899,8 k €	+89.3%	475,4 k €	+1076%	40,4 k €	-38.9%	66,1 k €	-63.9%	183,3 k €	+465%	32,5 k €	-86.1%	233,4 k €	+731%	28,1 k €	-64.8%	79,8 k €	-4.5%	83,5 k €
Debts	404,3 k €	-37.6%	648,4 k €	-20.2%	812,5 k €	+40.3%	579,2 k €	-54.5%	1,3 M €	+118%	583 k €	+109%	278,9 k €	-35.4%	431,9 k €	-12.0%	490,9 k €	+71.9%	285,6 k €	-63.3%	778,1 k €	+14.3%	680,8 k €	+118%	311,6 k €	+53.0%	203,6 k €
Other
Workforce	14,9 ETP	-5.1%	15,7 ETP	+10.6%	14,2 ETP	-9.6%	15,7 ETP	+15.4%	13,6 ETP	+17.2%	11,6 ETP	+33.3%	8,7 ETP	+61.1%	5,4 ETP	-14.3%	6,3 ETP	-13.7%	7,3 ETP	+14.1%	6,4 ETP	-16.9%	7,7 ETP	+126%	3,4 ETP	+17.2%	2,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 14 ended

Active mandates

Esma El Harti

Director · since 01 juin 2026

Active

Julien RICHARD

Director · since 14 mars 2024

Active

Marc PALAZON

Director · since 21 décembre 2020

Active

Jean-Philippe BALANCA

Director · since 25 juin 2020

Active

Florent SABOURIN

Director · since 05 février 2018 · until 30 juin 2026

Active

Ended mandates

Jean Philippe BALANCA

Director · since 25 juin 2020

Ended

Florent SABOURIN

Director · since 05 février 2018

Ended

Florent SABOURIN

Director · since 24 janvier 2018

Ended

Michael Colpin

Manager · since 08 août 2016

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	26/06/2026	03/06/2025	05/09/2024	20/06/2023	05/08/2022	25/08/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	01/06/2023	30/06/2022	01/06/2021
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	26/06/2026	French	PDF
Abridged model	31/12/2024	02/06/2025	03/06/2025	French	PDF
Abridged model	31/12/2023	03/06/2024	05/09/2024	French	PDF
Abridged model	31/12/2022	01/06/2023	20/06/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	05/08/2022	French	PDF
Abridged model	31/12/2020	01/06/2021	25/08/2021	French	PDF
Abridged model	31/12/2019	01/06/2020	26/08/2020	French	PDF
Abridged model	31/12/2018	30/04/2019	02/05/2019	French	PDF
Abridged model	31/12/2017	01/06/2018	17/08/2018	French	PDF
Abridged model	31/12/2016	01/06/2017	10/07/2017	French	PDF
Abridged model	31/12/2015	01/06/2016	04/07/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	10/07/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	25/08/2014	French	PDF
Abridged model	31/12/2012	01/06/2013	23/07/2013	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 5 active · 14 ended

Active mandates

Esma El Harti

Director · since 01 juin 2026

Active

Julien RICHARD

Director · since 14 mars 2024

Active

Marc PALAZON

Director · since 21 décembre 2020

Active

Jean-Philippe BALANCA

Director · since 25 juin 2020

Active

Florent SABOURIN

Director · since 05 février 2018 · until 30 juin 2026

Active

Ended mandates

Jean Philippe BALANCA

Director · since 25 juin 2020

Ended

Florent SABOURIN

Director · since 05 février 2018

Ended

Florent SABOURIN

Director · since 24 janvier 2018

Ended

Michael Colpin

Manager · since 08 août 2016

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/09/2026
DEMISSION ET NOMINATION D UN ADMINISTRATEUR
PDF
Mandates20/03/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates16/03/2022
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates09/09/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates11/04/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates24/01/2018
DEMISSIONS, NOMINATIONS - DIVERS
PDF
Mandates16/09/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates14/08/2014
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 202521 k €↓
2024
Annual accounts 202421,4 k €↓
2023
Annual accounts 2023187,6 k €↑
2022
Annual accounts 202248,1 k €↓
2021
Annual accounts 2021461,2 k €↑
2020
Annual accounts 2020337,4 k €↑
2019
Annual accounts 201964,1 k €↑
2018
Annual accounts 201817,5 k €↑
2017
Annual accounts 2017-8,7 k €↓
2016
Annual accounts 2016174,9 k €↑
2015
Annual accounts 201581,9 k €↑
2014
Annual accounts 2014-92 k €↓
2013
Annual accounts 2013-88,4 k €↑
2012
Annual accounts 2012-131,6 k €
21/09/2011
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

SMILE OPEN SOURCE SOLUTIONS

Overview

What does SMILE OPEN SOURCE SOLUTIONS do?

Trend over 14 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