ACTIVE

EFOR BELGIUM

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Financial year 2025 · closed on 31/12/2025
Net result
1,3 M €
-22.7% YoY
Revenue
17,3 M €
-0.0% YoY
Equity
608,6 k €
-62.3% YoY
Workforce
126,5 ETP
-4.9% YoY

What does EFOR BELGIUM do?

EFOR BELGIUM is a Private limited company incorporated in 2007. Its main activity is: Computer consultancy activities. Its registered office is in Braine-l'Alleud. It employs on average 126,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0894.578.639
Incorporation
20/12/2007
Legal form
Private limited company
Registered office
Avenue de Finlande 8
1420 Braine-l'Alleud · WallonieSee on map
Contributed capital
576 867,43 €
Latest accounts
31/12/2025
Average workforce
126,5 ETP
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities62030Computer facilities management activities62090Other information technology and computer service activities62900Computer programming, consultancy and related activities63920Other information service activities+5
Joint committees (3)
  • 200
  • 20000
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120092008
Income statement
Revenue17,3 M €17,3 M €16,3 M €13,2 M €6,4 M €7,5 M €–
EBITDA2,3 M €2,6 M €2,5 M €969,2 k €642,1 k €198,9 k €265,3 k €
Operating result2,2 M €2,6 M €2,4 M €862,4 k €618 k €126,1 k €197 k €
Net result1,3 M €1,7 M €1,5 M €202,2 k €339 k €1,8 k €98,5 k €
Balance sheet
Equity608,6 k €1,6 M €1,5 M €1,5 M €1,3 M €677,2 k €675,3 k €
Total assets10,4 M €10 M €10,3 M €6,9 M €5,1 M €1,8 M €2,3 M €
Cash151,8 k €692,9 k €1,9 M €578,6 k €1,3 M €73,6 k €744,3 k €
Debts8,1 M €6,5 M €7,2 M €4,9 M €3,4 M €1,1 M €1,6 M €
Other
Workforce126,5 ETP133,0 ETP127,6 ETP118,1 ETP123,7 ETP50,1 ETP29,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

Mona Hublart

Director · since 24 juin 2025

Active
EFOR HOLDING

Director · since 01 janvier 2024

Represented by Mathieu ROGER

Active

Ended mandates

Damien THIELEN

Director · since 01 janvier 2024

Ended
Damien Van Thielen

Director · since 01 janvier 2024

Ended
CVO Cyberconseil Validatool Organisation

Director · since 23 décembre 2020 · until 01 janvier 2024

Represented by Mathieu ROGER

Ended
CVO Cyberconseil Validatool Organisation

Director · since 23 décembre 2020

Represented by Mathieu ROGER

Ended
At this address

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1018.088.640
Caterpillar Belgium Holding● Active
0418.913.108
CATERPILLAR FINANCIAL SERVICES BELGIUM● Active
0480.216.811
EDEN Concept● Active
0647.890.021
LANDEWYCK TOBACCO BELGIUM● Active
0467.537.426
NEVERHACK Belgium● Active
0773.412.672
SCHENK● Active
0418.154.627
SELLIGENT● Active
0433.657.207
SELLIGENT INTERNATIONAL● Active
0652.992.518
SOLAR TURBINES EUROPE● Active
0438.995.076
Annual accounts

Full financial information

202520242023202220212021
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/07/202101/07/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202130/06/2021
Length of the financial year12 months12 months12 months12 months6 months12 months
Filing date27/07/202630/06/202523/07/202427/06/202306/07/202217/12/2021
General meeting17/07/202620/06/202520/06/202409/06/202330/05/202207/12/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202517/07/202627/07/2026FrenchPDF
Full model31/12/202420/06/202530/06/2025FrenchPDF
Full model31/12/202320/06/202423/07/2024FrenchPDF
Full model31/12/202209/06/202327/06/2023FrenchPDF
Full model31/12/202130/05/202206/07/2022FrenchPDF
Full model30/06/202107/12/202117/12/2021FrenchPDF
Full model30/06/202018/12/202019/01/2021FrenchPDF
Full model30/06/201903/12/201909/01/2020FrenchPDF
Full model30/06/201804/12/201819/12/2018FrenchPDF
Full model30/06/201719/12/201721/12/2017FrenchPDF
Full model30/06/201620/12/201616/02/2017FrenchPDF
Full model30/06/201508/01/201628/01/2016FrenchPDF
Full model30/06/201403/12/201428/01/2015FrenchPDF
Full model30/06/201321/11/201317/12/2013FrenchPDF
Full model30/06/201218/09/201216/09/2013FrenchPDF
Full model30/06/201130/09/201107/11/2011FrenchPDF
Full model30/06/201021/09/201024/11/2010FrenchPDF
Abridged model30/06/200915/09/200905/10/2009FrenchPDF
Abridged model30/06/200817/09/200830/09/2008FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 2 active · 12 ended

Active mandates

Mona Hublart

Director · since 24 juin 2025

Active
EFOR HOLDING

Director · since 01 janvier 2024

Represented by Mathieu ROGER

Active

Ended mandates

Damien THIELEN

Director · since 01 janvier 2024

Ended
Damien Van Thielen

Director · since 01 janvier 2024

Ended
CVO Cyberconseil Validatool Organisation

Director · since 23 décembre 2020 · until 01 janvier 2024

Represented by Mathieu ROGER

Ended
CVO Cyberconseil Validatool Organisation

Director · since 23 décembre 2020

Represented by Mathieu ROGER

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/04/2026
    DENOMINATION
    PDF
  • Mandates22/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/04/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/01/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring19/01/2022
    CAPITAL, ACTIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring26/11/2021
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Registered office09/08/2021
    SIEGE SOCIAL
    PDF
  • Mandates08/03/2021
    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

Timeline

  1. 2025
    Annual accounts 20251,3 M €↓
  2. 2025
    Name changeEfor Belgium
  3. 2024
    Annual accounts 20241,7 M €↑
  4. 2023
    Annual accounts 20231,5 M €↑
  5. 2022
    Annual accounts 2022202,2 k €↓
  6. 2021
    Annual accounts 2021339 k €↑
  7. 2012
    Name changeCVO-Europe
  8. 2009
    Annual accounts 20091,8 k €↓
  9. 2008
    Annual accounts 200898,5 k €
  10. 2008
    Name changecvo-cyber conseil validation organisation
  11. 20/12/2007
    IncorporationPrivate limited company