ACTIVE

V2I

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Financial year 2025 · Closed on 31/12/2025

Net result814,5 k €+39,4 %over 1 year

Gross margin2,4 M €+23,3 %over 1 year

Equity3,4 M €+28,8 %over 1 year

Workforce13,5 ETP+11,6 %over 1 year

Identity

Source · BCE/KBO

V2I is a Public limited company incorporated in 2004. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Liège. It employs on average 13,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0863.692.354
Incorporation: 25/02/2004
Legal form: Public limited company
Registered office: Avenue Pré-Aily 25
4031 Liège · WallonieSee on map
Contributed capital: 90 000,00 €
Latest accounts: 31/12/2025
Average workforce: 13,5 ETP

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 71209Technical testing and analysis 71209Technical testing and analysis 74203Photographic activities 74302Translation and interpretation activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,4 M €	+23.3%	1,9 M €	+15.5%	1,7 M €	+26.0%	1,3 M €	+27.2%	1 M €
EBITDA	1,2 M €	+31.8%	898,2 k €	+60.3%	560,3 k €	+42.5%	393,1 k €	+74.7%	225 k €
Operating result	819,7 k €	+39.9%	585,7 k €	+92.7%	303,9 k €	+28.2%	237 k €	+84.5%	128,5 k €
Net result	814,5 k €	+39.4%	584,3 k €	+89.9%	307,7 k €	+36.7%	225,1 k €	+102%	111,5 k €
Balance sheet
Equity	3,4 M €	+28.8%	2,6 M €	+31.7%	2 M €	+16.0%	1,7 M €	+14.0%	1,5 M €
Total assets	5,7 M €	+6.7%	5,4 M €	-2.5%	5,5 M €	+11.3%	5 M €	+12.3%	4,4 M €
Cash	1,7 M €	+84.2%	931,6 k €	+14.9%	810,6 k €	-7.2%	873 k €	-3.0%	899,9 k €
Debts	1,6 M €	+9.6%	1,4 M €	-10.8%	1,6 M €	+3.6%	1,6 M €	-6.3%	1,7 M €
Other
Workforce	13,5 ETP	+11.6%	12,1 ETP	-6.2%	12,9 ETP	+0.8%	12,8 ETP	+10.3%	11,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Philip MARSHALL	Director05/06/2026 → 05/06/2032
Tom GRAY	Director05/06/2026 → 05/06/2032
Delphine DESSAMBRE	Director15/11/2020 → 30/06/2026
DANIEL SIMON	Managing director19/02/2004 → 05/06/2032

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
NOSHAQ PARTNERS0808.219.836Represented by FRANCOISE LEBLANC	Director03/07/2009 → 30/06/2017
VENTURE COACHING0480.168.905Represented by JEAN-CLAUDE GOLINVAL	Director01/07/2011 → 30/06/2017
PIERRE ROCHUS	Director03/07/2009 → 2011 accounts

Other companies at this address

Avenue Pré-Aily 25 4031 Liège

Company	CBE no.
OPTRION● Active	0474.849.444
Vibrate Holdings● Active	1030.116.442

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro 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	31/08/2026	31/07/2025	28/06/2024	27/09/2023	17/10/2022	25/11/2021
General meeting	04/08/2026	30/06/2025	28/06/2024	26/09/2023	15/10/2022	25/10/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/08/2026	31/08/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	31/07/2025	French	PDF
Abridged model	31/12/2023	28/06/2024	28/06/2024	French	PDF
Abridged model	31/12/2022	26/09/2023	27/09/2023	French	PDF
Abridged model	31/12/2021	15/10/2022	17/10/2022	French	PDF
Micro model	31/12/2020	25/10/2021	25/11/2021	French	PDF
Abridged model	31/12/2019	15/11/2020	30/11/2020	French	PDF
Abridged model	31/12/2018	09/10/2019	31/10/2019	French	PDF
Abridged model	31/12/2017	30/08/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	27/09/2017	29/09/2017	French	PDF
Abridged model	31/12/2015	05/10/2016	07/10/2016	French	PDF
Abridged model	31/12/2014	25/06/2015	22/07/2015	French	PDF
Abridged model	31/12/2013	29/09/2014	30/09/2014	French	PDF
Abridged model	31/12/2012	04/09/2013	12/12/2013	French	PDF
Abridged model	31/12/2011	27/09/2012	15/11/2012	French	PDF
Abridged model	31/12/2010	26/07/2011	21/12/2011	French	PDF
Abridged model	31/12/2009	09/07/2010	23/08/2010	French	PDF
Abridged model	31/12/2008	03/07/2009	28/07/2009	French	PDF
Abridged model	31/12/2007	07/07/2008	07/07/2008	French	PDF
Abridged model	31/12/2006	21/05/2007	22/05/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

4 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Philip MARSHALL	Director05/06/2026 → 05/06/2032
Tom GRAY	Director05/06/2026 → 05/06/2032
Delphine DESSAMBRE	Director15/11/2020 → 30/06/2026
DANIEL SIMON	Managing director19/02/2004 → 05/06/2032

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
NOSHAQ PARTNERS0808.219.836Represented by FRANCOISE LEBLANC	Director03/07/2009 → 30/06/2017
VENTURE COACHING0480.168.905Represented by JEAN-CLAUDE GOLINVAL	Director01/07/2011 → 30/06/2017
PIERRE ROCHUS	Director03/07/2009 → 2011 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates29/07/2026
Démission d'un administrateur - Nomination d'administrateurs - Révocation
PDF
Capital / shares17/02/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Mandates09/09/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates28/11/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates25/01/2021
DEMISSIONS, NOMINATIONS
PDF
Registered office08/07/2015
SIEGE SOCIAL
PDF
Mandates13/12/2012
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Other05/03/2004
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

Filings20 filings

Mandates

Tom GRAY

Philip MARSHALL

Delphine DESSAMBRE

DANIEL SIMON

VENTURE COACHING

NOSHAQ PARTNERS

PIERRE ROCHUS

NOSHAQ SPIN-OFFS

20042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029203020312032

V2I

Avenue Pré-Aily 25, 4031 Angleur

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue Pré-Aily 25, 4031 AngleurCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00491327

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
V2ICurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00491327

Events

2025
Annual accounts 2025814,5 k €↑
2024
Annual accounts 2024584,3 k €↑
2023
Annual accounts 2023307,7 k €↑
2022
Annual accounts 2022225,1 k €↑
2021
Annual accounts 2021111,5 k €↑
2020
Annual accounts 202027,4 k €↓
2019
Annual accounts 2019142,7 k €↓
2018
Annual accounts 2018179,6 k €↑
2017
Annual accounts 201759,5 k €↓
2016
Annual accounts 201677,4 k €↑
2015
Annual accounts 201547,8 k €↓
2014
Annual accounts 2014134,3 k €↑
2013
Annual accounts 201358,1 k €↑
2012
Annual accounts 201222,2 k €↓
2011
Annual accounts 201131,2 k €↑
2010
Annual accounts 201023,8 k €↓
2009
Annual accounts 2009109,4 k €↓
2008
Annual accounts 2008121,2 k €↑
2007
Annual accounts 200773,7 k €↑
2006
Annual accounts 200650,3 k €
25/02/2004
IncorporationPublic limited company

V2I

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events