ACTIVE

EASI Group

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Financial year 2025 · closed on 31/12/2025

Net result

13,5 M €

+9.1% YoY

Revenue

11 M €

+16.8% YoY

Equity

11,7 M €

0.0% YoY

Workforce

64,3 ETP

+8.1% YoY

What does EASI Group do?

EASI Group is a Public limited company incorporated in 2007. Its main activity is: Management consultancy activities. Its registered office is in Nivelles. It employs on average 64,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0894.498.366

Incorporation

27/12/2007

Legal form

Public limited company

Registered office

Avenue Robert Schuman 12
1400 Nivelles · WallonieSee on map

Contributed capital

620 000,00 €

Latest accounts

31/12/2025

Average workforce

64,3 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 82100Office administrative and support activities 82110Combined office administrative service activities

Joint committees (1)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	11 M €	+16.8%	9,4 M €	+18.6%	7,9 M €	+0.6%	7,9 M €	+14.8%	6,9 M €	+14.1%	6 M €	+10.7%	5,4 M €	+13.5%	4,8 M €	-26.7%	6,5 M €	+12.1%	5,8 M €	+14.8%	5,1 M €	+9.4%	4,6 M €	-8.5%	5,1 M €	+98.0%	2,6 M €		–		–		–		–
EBITDA	784,2 k €	-40.2%	1,3 M €	+10.0%	1,2 M €	-54.9%	2,6 M €	+284%	687,5 k €	-56.1%	1,6 M €	+17.2%	1,3 M €	+52.9%	873,3 k €	-73.3%	3,3 M €	+6.2%	3,1 M €	+13.0%	2,7 M €	-4.9%	2,9 M €	-3.5%	3 M €	+357%	651,5 k €	-46.5%	1,2 M €	+23.6%	986,4 k €	-34.3%	1,5 M €	+228%	458,5 k €
Operating result	521,9 k €	-56.0%	1,2 M €	+10.0%	1,1 M €	-57.3%	2,5 M €	+359%	549,1 k €	-61.7%	1,4 M €	+18.1%	1,2 M €	+59.1%	763,8 k €	-75.3%	3,1 M €	+5.8%	2,9 M €	+12.3%	2,6 M €	-9.3%	2,9 M €	-3.5%	3 M €	+382%	617,7 k €	-47.6%	1,2 M €	+20.7%	976,2 k €	-34.5%	1,5 M €	+230%	452,1 k €
Net result	13,5 M €	+9.1%	12,3 M €	+37.4%	9 M €	-19.1%	11,1 M €	+21.7%	9,1 M €	+62.4%	5,6 M €	+21.7%	4,6 M €	+151%	1,8 M €	-21.3%	2,3 M €	+17.5%	2 M €	-11.3%	2,2 M €	+17.5%	1,9 M €	-54.0%	4,2 M €	+376%	872,4 k €	+340%	198,4 k €	-82.0%	1,1 M €	+108%	529,8 k €	-48.2%	1 M €
Balance sheet
Equity	11,7 M €	0.0%	11,7 M €	0.0%	11,7 M €	0.0%	11,7 M €	+0.3%	11,6 M €	0.0%	11,6 M €	+43.0%	8,1 M €	-4.1%	8,5 M €	-22.4%	10,9 M €	-8.8%	12 M €	-1.0%	12,1 M €	+22.8%	9,9 M €	+24.1%	7,9 M €	+110%	3,8 M €	+29.9%	2,9 M €	+7.3%	2,7 M €	+68.2%	1,6 M €	+48.8%	1,1 M €
Total assets	35,4 M €	+24.5%	28,4 M €	+1.6%	28 M €	-8.0%	30,4 M €	+14.6%	26,5 M €	+35.8%	19,5 M €	+1.7%	19,2 M €	-2.8%	19,8 M €	+11.3%	17,8 M €	+3.8%	17,1 M €	+4.7%	16,3 M €	-7.3%	17,6 M €	-5.0%	18,6 M €	+8.7%	17,1 M €	+4.4%	16,4 M €	+17.3%	13,9 M €	-1.4%	14,1 M €	-1.1%	14,3 M €
Cash	286,3 k €	+202%	94,9 k €	+160%	36,5 k €	-82.8%	211,7 k €	-79.7%	1 M €	+309%	254,6 k €	+105%	124,4 k €	-50.9%	253,4 k €	+35.0%	187,6 k €	+217%	59,2 k €	-58.5%	142,6 k €	+1035%	12,6 k €	-74.5%	49,2 k €	-39.7%	81,6 k €	+195%	27,7 k €	-22.3%	35,7 k €	-65.3%	102,9 k €	+2669%	3,7 k €
Debts	23,7 M €	+41.3%	16,8 M €	+3.1%	16,3 M €	-12.9%	18,7 M €	+25.8%	14,9 M €	+88.8%	7,9 M €	-28.6%	11 M €	-1.9%	11,2 M €	+65.4%	6,8 M €	+32.8%	5,1 M €	+20.7%	4,2 M €	-45.5%	7,8 M €	-26.7%	10,6 M €	-20.1%	13,3 M €	-1.1%	13,4 M €	+20.0%	11,2 M €	-10.5%	12,5 M €	-5.1%	13,2 M €
Other
Workforce	64,3 ETP	+8.1%	59,5 ETP	+32.2%	45,0 ETP	+10.3%	40,8 ETP	+23.3%	33,1 ETP	+21.2%	27,3 ETP	+21.9%	22,4 ETP	+13.7%	19,7 ETP	-4.8%	20,7 ETP	+5.1%	19,7 ETP	+9.4%	18,0 ETP	+16.9%	15,4 ETP	+11.6%	13,8 ETP	+8.7%	12,7 ETP	+3.3%	12,3 ETP	+8.8%	11,3 ETP	+7.6%	10,5 ETP	+102%	5,2 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 · 7 active · 38 ended

Active mandates

Frédéric BLOCK

Director

Active

Jean-François HERREMANS

Director

Active

Jean-Michel Block

Director

Active

Ludovic MICHAUX

Director

Active

Salvatore CURABA

Director

Active

Thomas VAN EECKHOUT

Director

Active

Toni TURI

Director

Active

Ended mandates

Ludovic MICHAUX

Director · since 26 juin 2019 · until 30 juin 2022

Ended

Frédéric BLOCK

Director · since 26 juin 2018 · until 30 juin 2022

Ended

Jean-François HERREMANS

Director · since 26 juin 2018 · until 30 juin 2022

Ended

Jean-Michel BLOCK

Director · since 26 juin 2018 · until 30 juin 2022

Ended

At this address

Other companies at this address

Company	CBE no.
EASI● Active	0839.030.994
EASI● Active	0465.741.144
EASI ASSETS MANAGEMENT● Active	0892.922.315
EASI CORPORATE● Active	0766.347.411
Easi Employee Shareholders● Active	1041.937.574
Easi Key Managers● Active	1041.937.772
QUENDRA● Active	0825.302.031

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Consolidated accounts
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	16/07/2026	01/07/2025	11/07/2024	28/11/2023	25/07/2022	27/12/2021
General meeting	25/06/2026	26/06/2025	27/06/2024	28/06/2023	30/06/2022	23/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	25/06/2026	16/07/2026	French	PDF
Full model	31/12/2024	26/06/2025	01/07/2025	French	PDF
Full model	31/12/2023	27/06/2024	11/07/2024	French	PDF
Full modelCorrection	31/12/2022	28/06/2023	28/11/2023	French	PDF
Full model	31/12/2022	28/06/2023	11/07/2023	French	PDF
Full model	31/12/2021	30/06/2022	25/07/2022	French	PDF
Full model	31/12/2020	23/06/2021	30/08/2021	French	PDF
Consolidated accounts	31/12/2020	23/06/2021	27/12/2021	French	PDF
Full model	31/12/2019	24/06/2020	01/09/2020	French	PDF
Consolidated accounts	31/12/2019	24/06/2020	27/12/2021	French	PDF
Full model	31/12/2018	26/06/2019	29/08/2019	French	PDF
Full model	31/12/2017	27/06/2018	21/08/2018	French	PDF
Full model	31/12/2016	28/06/2017	30/08/2017	French	PDF
Full model	31/12/2015	29/06/2016	11/08/2016	French	PDF
Full model	31/12/2014	24/06/2015	24/07/2015	French	PDF
Full model	31/12/2013	26/06/2014	30/09/2014	French	PDF
Full model	31/12/2012	26/06/2013	14/08/2013	French	PDF
Abridged model	31/12/2011	28/06/2012	20/07/2012	French	PDF
Abridged model	31/12/2010	16/06/2011	17/06/2011	French	PDF
Abridged model	31/12/2009	24/06/2010	24/08/2010	French	PDF
Abridged model	31/12/2008	25/06/2009	01/10/2009	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 · 7 active · 38 ended

Active mandates

Frédéric BLOCK

Director

Active

Jean-François HERREMANS

Director

Active

Jean-Michel Block

Director

Active

Ludovic MICHAUX

Director

Active

Salvatore CURABA

Director

Active

Thomas VAN EECKHOUT

Director

Active

Toni TURI

Director

Active

Ended mandates

Ludovic MICHAUX

Director · since 26 juin 2019 · until 30 juin 2022

Ended

Frédéric BLOCK

Director · since 26 juin 2018 · until 30 juin 2022

Ended

Jean-François HERREMANS

Director · since 26 juin 2018 · until 30 juin 2022

Ended

Jean-Michel BLOCK

Director · since 26 juin 2018 · until 30 juin 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/08/2026
Renouvellement du mandat des administrateurs
PDF
Mandates14/10/2024
DEMISSIONS, NOMINATIONS - DIVERS
PDF
Mandates06/09/2024
DEMISSIONS, NOMINATIONS
PDF
Other25/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates15/09/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates19/07/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates16/10/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates29/07/2019
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 202513,5 M €↑
2024
Annual accounts 202412,3 M €↑
2023
Annual accounts 20239 M €↓
2022
Annual accounts 202211,1 M €↑
2021
Annual accounts 20219,1 M €↑
2020
Annual accounts 20205,6 M €↑
2019
Annual accounts 20194,6 M €↑
2018
Annual accounts 20181,8 M €↓
2017
Annual accounts 20172,3 M €↑
2016
Annual accounts 20162 M €↓
2015
Annual accounts 20152,2 M €↑
2014
Annual accounts 20141,9 M €↓
2013
Annual accounts 20134,2 M €↑
2013
Name changeEasi Group
2012
Annual accounts 2012872,4 k €↑
2011
Annual accounts 2011198,4 k €↓
2010
Annual accounts 20101,1 M €↑
2009
Annual accounts 2009529,8 k €↓
2008
Annual accounts 20081 M €
2008
Name changeEH PARTNERS
27/12/2007
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

EASI Group

Overview

What does EASI Group do?

Trend over 18 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