ACTIVE

CIVADIS

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Financial year 2025 · Closed on 31/12/2025

Net result2,4 M €-35,4 %over 1 year
Revenue38,2 M €-18,9 %over 1 year
Equity15,5 M €+4,1 %over 1 year
Workforce227,0 ETP+2,7 %over 1 year

Identity

Source · BCE/KBO

CIVADIS is a Public limited company incorporated in 2003. Its main activity is: Computer programming activities. Its registered office is in Namur. It employs on average 227,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0861.023.666
Incorporation
14/10/2003
Legal form
Public limited company
Registered office
Rue de Néverlée(RH) 12
5020 Namur · WallonieSee on map
Contributed capital
7 280 343,78 €
Latest accounts
31/12/2025
Average workforce
227,0 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 15 financial years

20252024202320222021
Income statement
Revenue38,2 M €47,1 M €35,4 M €28,7 M €27,1 M €
EBITDA4,7 M €6,4 M €5,1 M €4,9 M €3,9 M €
Operating result2,8 M €4,8 M €3,5 M €2,8 M €2,3 M €
Net result2,4 M €3,8 M €3,1 M €2,1 M €1,9 M €
Balance sheet
Equity15,5 M €14,9 M €14,1 M €13,2 M €13 M €
Total assets26,5 M €27,7 M €24,9 M €21,4 M €20,5 M €
Cash1,3 M €4,1 M €4,9 M €6 M €11 M €
Debts10,7 M €12,4 M €10,1 M €8 M €7 M €
Other
Workforce227,0 ETP221,0 ETP212,5 ETP205,4 ETP197,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

17 active · 37 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
BOLD MOVES1010.352.394Represented by ARNAUD SPIRLET
Director13/01/2026 → 16/04/2031
PASCAL GONAY
Director13/01/2026 → 16/04/2031
ANNE MASSON
Director25/06/2025 → 16/04/2031
ISABELLE JOIRET
Director25/06/2025 → 16/04/2031
LUC DELIRE
Director25/06/2025 → 16/04/2031
PIERRE LEBOULLE
Director25/06/2025 → 16/04/2031
Next-100775.744.830Represented by PIERRE DUMONT
Director10/03/2025 → 13/01/2026
STeer&LeadWisE1004.104.606Represented by Laurence MATHIEU
Director02/01/2024 → 16/04/2025
UNALOME1006.592.853Represented by Peter BILLIAU
Director20/03/2024 → 16/04/2025
FVH M1004.112.227Represented by Florence VANDERTHOMMEN
Director02/01/2024 → 13/01/2026
A. VANDEN CAMP0780.553.654Represented by André VANDEN CAMP
Chairman of the board of directors01/01/2023 → 16/04/2031
Stéphane FAULKNER
Director21/09/2022 → 16/04/2031
Christophe GILON
Director16/12/2020 → 25/06/2025
Jacques OTLET
Director17/04/2019 → 25/06/2025
Jean-Marie CHEFFERT
Director01/01/2018 → 25/06/2025
Jean-Marie MEYER
Vice-chairman of the board of directors12/12/2014 → 16/04/2031
Marcel PETRY
Director13/03/2013 → 16/04/2025

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Florence VANDERTHOMMEN
Director20/09/2023 → 02/01/2024
HIGH FIVE0630.679.251Represented by Melchior WATHELET
Director01/02/2023 → 30/06/2023
Stéphane KAULKNER
Director21/09/2022 → 2022 accounts
SAAS int SRLRepresented by Pascal FIEVEZ
Director01/09/2020 → 2024 accounts

Other companies at this address

Rue de Néverlée(RH) 12 5020 Namur
CompanyCBE no.
LOTH-INFO● Active
0870.895.395
Société Simple Momentanée CIVADIS-SEGI● Active
1036.489.936

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/04/202616/05/202516/05/202412/05/202319/05/202219/05/2021
General meeting15/04/202616/04/202517/04/202419/04/202320/04/202221/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202515/04/202620/04/2026FrenchPDF
Full model31/12/202416/04/202516/05/2025FrenchPDF
Full model31/12/202317/04/202416/05/2024FrenchPDF
Full model31/12/202219/04/202312/05/2023FrenchPDF
Full model31/12/202120/04/202219/05/2022FrenchPDF
Full model31/12/202021/04/202119/05/2021FrenchPDF
Full model31/12/201903/07/202029/07/2020FrenchPDF
Full model31/12/201817/04/201921/05/2019FrenchPDF
Full model31/12/201718/04/201816/05/2018FrenchPDF
Full model31/12/201619/04/201720/06/2017FrenchPDF
Full model31/12/201520/04/201620/06/2016FrenchPDF
Full model31/12/201415/04/201513/08/2015FrenchPDF
Full model31/12/201330/05/201422/07/2014FrenchPDF
Full model31/12/201231/05/201303/06/2013FrenchPDF
Full model31/12/201125/05/201218/06/2012FrenchPDF
Full model31/12/201027/05/201128/07/2011FrenchPDF
Full model31/12/200928/05/201030/06/2010FrenchPDF
Full model31/12/200829/05/200923/06/2009FrenchPDF
Full model31/12/200730/05/200808/07/2008FrenchPDF
Full model31/12/200625/05/200720/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

17 active · 37 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
BOLD MOVES1010.352.394Represented by ARNAUD SPIRLET
Director13/01/2026 → 16/04/2031
PASCAL GONAY
Director13/01/2026 → 16/04/2031
ANNE MASSON
Director25/06/2025 → 16/04/2031
ISABELLE JOIRET
Director25/06/2025 → 16/04/2031
LUC DELIRE
Director25/06/2025 → 16/04/2031
PIERRE LEBOULLE
Director25/06/2025 → 16/04/2031
Next-100775.744.830Represented by PIERRE DUMONT
Director10/03/2025 → 13/01/2026
STeer&LeadWisE1004.104.606Represented by Laurence MATHIEU
Director02/01/2024 → 16/04/2025
UNALOME1006.592.853Represented by Peter BILLIAU
Director20/03/2024 → 16/04/2025
FVH M1004.112.227Represented by Florence VANDERTHOMMEN
Director02/01/2024 → 13/01/2026
A. VANDEN CAMP0780.553.654Represented by André VANDEN CAMP
Chairman of the board of directors01/01/2023 → 16/04/2031
Stéphane FAULKNER
Director21/09/2022 → 16/04/2031
Christophe GILON
Director16/12/2020 → 25/06/2025
Jacques OTLET
Director17/04/2019 → 25/06/2025
Jean-Marie CHEFFERT
Director01/01/2018 → 25/06/2025
Jean-Marie MEYER
Vice-chairman of the board of directors12/12/2014 → 16/04/2031
Marcel PETRY
Director13/03/2013 → 16/04/2025

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Florence VANDERTHOMMEN
Director20/09/2023 → 02/01/2024
HIGH FIVE0630.679.251Represented by Melchior WATHELET
Director01/02/2023 → 30/06/2023
Stéphane KAULKNER
Director21/09/2022 → 2022 accounts
SAAS int SRLRepresented by Pascal FIEVEZ
Director01/09/2020 → 2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates06/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/01/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/05/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/01/2024
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings15 filings
Mandates
BOLD MOVES
PASCAL GONAY
ANNE MASSON
PIERRE LEBOULLE
LUC DELIRE
ISABELLE JOIRET
Next-10
STeer&LeadWisE
UNALOME
FVH M
A. VANDEN CAMP
Stéphane FAULKNER
20032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
CIVADIS
Rue de Néverlée(RH) 12, 5020 Champion
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
Chairman of the board of directors
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue de Néverlée(RH) 12, 5020 ChampionCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00085285

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
CIVADISCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00085285

Events

  1. 2025
    Annual accounts 20252,4 M €↓
  2. 2024
    Annual accounts 20243,8 M €↑
  3. 2023
    Annual accounts 20233,1 M €↑
  4. 2022
    Annual accounts 20222,1 M €↑
  5. 2021
    Annual accounts 20211,9 M €↓
  6. 2020
    Annual accounts 20202,5 M €↓
  7. 2019
    Annual accounts 20193,7 M €↑
  8. 2018
    Annual accounts 20182,7 M €↑
  9. 2017
    Annual accounts 20171,5 M €↑
  10. 2016
    Annual accounts 2016616,3 k €↑
  11. 2015
    Annual accounts 2015596,8 k €↓
  12. 2014
    Annual accounts 20142,1 M €↑
  13. 2013
    Annual accounts 20131,1 M €↓
  14. 2012
    Annual accounts 20121,5 M €↓
  15. 2008
    Annual accounts 20082 M €
  16. 14/10/2003
    IncorporationPublic limited company