n-Side

Active

Public limited companyfounded 200026 yrs activeCourbevoie 13, 1348 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 0472.607.061

Summary

n-Side has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.26M and a net result of €-1.55M. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 36% of 728 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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Checked score

Score 2025

67 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability74▲+1

Solvency55▼-1

Growth68=

Track record100

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €480k at 30 days acceptable

Liquidity ample (current ratio 1.59 against 1.61 in 2024; short-term debt: 37.5% and cash: 5.8% of total assets), but 70.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 71

Relative position

BE, all sectors

reference

Sector 71

lower

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

29.9%

Return on assets

-6.4%

Age of the figures

12 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year €-1.55M

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-03-2026, 34 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

34 d early

2024

22 d early

2023

28 d early

2022

32 d early

2021

9 d early

2020

42 d early

2019

31 d early

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

24-09-2026 today30-09-2026 close30-04-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover

€29.73M▲ 13.9%

2024 · €26.10M

2020: €12.31M 2021: €14.36M 2022: €18.23M 2023: €23.72M 2024: €26.10M

2020 → 2025

EBIT margin

-3.6%▲ 2.2pp

2024 · -5.8%

2020: 17.5% 2021: 4.4% 2022: -10.0% 2023: 1.6% 2024: -5.8%

2020 → 2025

Net result

€-1.55M▲ 26.0%

2024 · €-2.10M

2018: €233k 2019: €991k 2020: €2.03M 2021: €356k 2022: €-2.40M 2023: €979k 2024: €-2.10M

2018 → 2025

Working capital

€5.35M▼ 6.3%

2024 · €5.72M

2018: €-96k 2019: €2.91M 2020: €2.95M 2021: €4.56M 2022: €4.51M 2023: €5.45M 2024: €5.72M

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€14.36M-€18.23M▲ 27.0%€23.72M▲ 30.1%€26.10M▲ 10.0%€29.73M▲ 13.9%

Equity€7.56M-€7.21M▼ 4.6%€8.20M▲ 13.9%€8.81M▲ 7.4%€7.26M▼ 17.6%

Operating result€626k-€-1.82M€390k€-1.51M€-1.06M▲ 29.4%

Net result€356k-€-2.40M€979k€-2.10M€-1.55M▲ 26.0%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €1.06M in 2025 against €1.51M in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €24.27M

40.5%

59.5%

Fixed assets €9.83M ▼ 25.7%

Current assets €14.44M ▼ 4.4%

Equity and liabilities €24.27M

29.9%

70.1%

Equity €7.26M ▼ 17.6%

Debt €17.01M ▼ 12.9%

Debt's share of the balance-sheet total rises from 68.9% to 70.1%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€5.91M▲

2024 · €5.39M

Cash flow

€5.43M▲

2024 · €4.80M

Current ratio

1.59▼

2024 · 1.61

Debt to equity

2.34▲

2024 · 2.21

ROE

-21.4%▲

2024 · -23.8%

ROA

-6.4%▲

2024 · -7.4%

Interest coverage

8.97▲

2024 · 7.56

Debt ≤ 1 year

€9.09M▼

2024 · €9.39M

Debt > 1 year

€4.36M▼

2024 · €7.57M

Income taxes

€17k▲

2024 · €9k

Staff costs

€20.16M▼

2024 · €20.45M

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 78 lines

Balance sheet Code20242025

Assets

Total assets20/58€28.33M€24.27M▼

Fixed assets21/28€13.22M€9.83M▼

Intangible fixed assets21€11.08M€7.94M▼

Tangible fixed assets22/27€1.99M€1.70M▼

Furniture and vehicles24€942k€784k▼

Other tangible fixed assets26€1.05M€920k▼

Financial fixed assets28€156k€181k▲

Affiliated companies280/1€98k€98k=

Participating interests280€98k€98k=

Other financial fixed assets284/8€59k€83k▲

Shares284€10k€10k=

Amounts receivable and cash guarantees285/8€49k€73k▲

Current assets29/58€15.10M€14.44M▼

Amounts receivable within one year40/41€7.14M€5.43M▼

Trade receivables40€6.85M€5.00M▼

Other amounts receivable41€294k€431k▲

Current investments50/53€479k€4.85M▲

Own shares50€479k€481k▲

Other investments51/53-€4.37M

Cash at bank and in hand54/58€4.91M€1.42M▼

Deferred charges and accrued income490/1€2.57M€2.75M▲

Equity and liabilities

Total equity and liabilities10/49€28.33M€24.27M▼

Equity10/15€8.81M€7.26M▼

Contributions10/11€7.80M€7.80M=

Capital10€7.79M€7.79M=

Issued capital100€7.79M€7.79M=

Outside capital11€9k€9k=

Share premium1100/10€9k€9k=

Reserves13€1.73M€1.73M=

Non-distributable reserves130/1€640k€642k▲

Legal reserve130€161k€161k=

Own shares acquired1312€479k€481k▲

Tax-exempt reserves132€19k€19k=

Distributable reserves133€1.07M€1.07M▼

Profit (loss) carried forward14€-717k€-2.27M▼

Amounts payable17/49€19.51M€17.01M▼

Amounts payable after more than one year17€7.57M€4.36M▼

Financial debts170/4€7.57M€4.36M▼

Credit institutions173€7.57M€4.36M▼

Other amounts payable178/9€0-

Amounts payable within one year42/48€9.39M€9.09M▼

Current portion of amounts payable after more than one year42€2.90M€2.76M▼

Financial debts43€711k€705k▼

Credit institutions430/8€711k€705k▼

Trade debts44€1.48M€1.36M▼

Suppliers440/4€1.48M€1.36M▼

Taxes, remuneration and social security45€4.22M€4.25M▲

Taxes450/3€167k€128k▼

Remuneration and social security454/9€4.05M€4.12M▲

Other amounts payable47/48€76k€16k▼

Accrued charges and deferred income492/3€2.55M€3.56M▲

Income statement Code20242025

Operating income70/76A€37.09M€36.53M▼

Turnover70€26.10M€29.73M▲

Own construction capitalised72€7.07M€3.45M▼

Other operating income74€3.92M€3.35M▼

Operating charges60/66A€38.59M€37.60M▼

Services and other goods61€11.11M€10.29M▼

Remuneration, social security and pensions62€20.45M€20.16M▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6.89M€6.98M▲

Other operating charges640/8€96k€102k▲

Non-recurring operating charges66A€44k€70k▲

Operating profit (loss)9901€-1.51M€-1.06M▲

Financial income75/76B€178k€217k▲

Recurring financial income75€178k€217k▲

Income from current assets751-€57k

Other financial income752/9€178k€160k▼

Financial charges65/66B€759k€687k▼

Recurring financial charges65€759k€687k▼

Debt charges650€712k€659k▼

Other financial charges652/9€46k€28k▼

Profit (loss) for the period before taxes9903€-2.09M€-1.53M▲

Income taxes67/77€9k€17k▲

Taxes670/3€9k€17k▲

Profit (loss) for the period9904€-2.10M€-1.55M▲

Profit (loss) for the period to be appropriated9905€-2.10M€-1.55M▲

Appropriation of the result

Profit (loss) to be appropriated9906€-717k€-2.27M▼

Profit (loss) brought forward from the previous period14P€1.38M€-717k▼

Social balance

Average headcount (FTE)9087168.8161.1▼

The notes to these accounts (68 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 42Financial 5Gazette 27Filings 10

Next filing, fiscal year 2026, expected by 30-04-2027

2026

22-05

State Gazette act Resignation: Philippe Chevalier (daily management delegate)

2 facts ▸

Board meeting, 12-03-2026
Director resignation, Philippe Chevalier (daily management delegate)

08-05

State Gazette act Permanent representatives: Quentin Grutman, Pierre H. Rion and 5 others

Resignations: Charles-André Brouwers, Yves Crama and 3 others · Appointments: RCG SRL, Invest.BW SA and 5 others21 facts ▸

Board meeting, 12-03-2026
Permanent representative, Quentin Grutman (permanent representative)
General meeting, 16-03-2026
Director resignation, Charles-André Brouwers (director)
Director resignation, Yves Crama (director)
Director resignation, Invest.BW SA (director)
Director resignation, Sopartec SA (director)
Director resignation, Olivier Chapelle SRL (director)
Permanent representative, Pierre H. Rion (permanent representative)
Permanent representative, Xavier Bastin (permanent representative)
Permanent representative, Olivier Chapelle (permanent representative)
Permanent representative, Laurence Janssens (permanent representative)
+9 further facts in this act

27-03

NBB filing Annual accounts filed

fiscal year 2025 · full schema

04-03

State Gazette act Permanent representative: Pierre Rion

2 facts ▸

Board meeting, 30-01-2026
Permanent representative, Pierre Rion

03-02

State Gazette act Resignation: Axel Miller (director)

1 fact ▸

Director resignation, Axel Miller (director)

2025

09-05

State Gazette act Resignations: DoGoBeGo SRL, Charles-André Brouwers and 7 others

Appointments: Charles-André Brouwers, Invest.BW and 4 others · Permanent representatives: Xavier Bocquet, Xavier Bastin and Olivier Chapelle · Officer maintenance20 facts ▸

General meeting, 09-04-2025
Director resignation, DoGoBeGo SRL (director)
Director resignation, Charles-André Brouwers (director)
Director resignation, Philippe Chevalier (director)
Director resignation, Yves Crama (director)
Director resignation, Gatien Gillon (director)
Director resignation, GGA Management (director)
Director resignation, 12A SRL (director)
Director resignation, Mediascap SA (director)
Director resignation, PELSIA SARL (director)
Director appointment, Charles-André Brouwers (director)
Director appointment, Invest.BW (director)
+8 further facts in this act

07-05

State Gazette act Resignation: Arbia Smiti (director)

Appointment: PELSIA SARL (director) · Permanent representative: Arbia Smiti4 facts ▸

General meeting, 14-03-2025
Director resignation, Arbia Smiti (director)
Director appointment, PELSIA SARL (director)
Permanent representative, Arbia Smiti (manager)

08-04

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

21-11

State Gazette act Resignation: Gaëlle Gurné (director)

Appointment: GGA Management (director)3 facts ▸

Board meeting, 21-06-2024
Director resignation, Gaëlle Gurné (director)
Director appointment, GGA Management (director)

02-04

NBB filing Annual accounts filed

fiscal year 2023 · full schema

06-03

State Gazette act Appointment: Mediscap SA (chair of the board)

Resignation: François le Hodey (chair of the board) · Registered-office move4 facts ▸

Board meeting, 18-12-2023
Registered-office move, Courbevoie 13, 1348 Louvain-la-neuve
Director appointment, Mediscap SA (chair of the board)
Director resignation, François le Hodey (chair of the board)

02-01

State Gazette act Resignations: François le HODEY, Charles KUMPS and Guillaume van Rijckevorsel

Appointments: MEDIASCAP, I2A and DoGoBeGo · Permanent representatives: François le HODEY, Charles KUMPS and Guillaume van Rijckevorsel · Statutes amendment13 facts ▸

General meeting, 21-12-2023
Statutes amendment
Director resignation, François le HODEY (director)
Director appointment, MEDIASCAP (director)
Permanent representative, François le HODEY
Director resignation, Charles KUMPS (director)
Director appointment, I2A (director)
Permanent representative, Charles KUMPS
Director resignation, Guillaume van Rijckevorsel (director)
Director appointment, DoGoBeGo (director)
Permanent representative, Guillaume van Rijckevorsel
Power of attorney
+1 further facts in this act

Show earlier events

2023

28-11

State Gazette act Miscellaneous

Capital increase · Statutes amendment · Power of attorney5 facts ▸

General meeting, 23-11-2023
Capital increase, €2.705.029,08
Statutes amendment
Power of attorney, Tout administrateur
Preemptive right period, 08-12-2023, 24-11-2023

30-09

Financial Back to profitnet €979k

Net result €979k after one loss-making year.

04-07

State Gazette act Reappointment: Deloitte Bedrijfsrevisoren (statutory auditor)

Appointments: Philippe Chevalier, Yves Crama and 7 others · Resignations: SRL AYSM (director) and Maud LAROCHETTE (day-to-day manager)14 facts ▸

General meeting, 10-03-2023
Auditor reappointment, Deloitte Bedrijfsrevisoren
Director appointment, Philippe Chevalier (director)
Director appointment, Yves Crama (director)
Director appointment, François Le Hodey (director)
Director appointment, Charles Kumps (director)
Director appointment, Charles-André Brouwers (director)
Director appointment, Gatien Gillon (director)
Director appointment, Gaëlle Gurné (director)
Director appointment, Arbia Smiti (director)
Director appointment, Guillaume van Rijckevorsel (director)
Board meeting, 28-04-2023
+2 further facts in this act

29-03

NBB filing Annual accounts filed

fiscal year 2022 · full schema

24-01

State Gazette act Resignation: Arnaud MERLET (daily management delegate)

Appointments: Philippe Chevalier (daily management delegate and managing director) and François le Hodey (président du conseil)4 facts ▸

Board meeting, 22-07-2022
Director resignation, Arnaud MERLET (daily management delegate)
Director appointment, Philippe Chevalier (daily management delegate and managing director)
Director appointment, François le Hodey (président du conseil)

2022

30-09

Financial Weakest financial yearnet €-2.40M ▼774%

Net result drops to €-2.40M, the lowest in the series; recovery starts the following year.

16-05

State Gazette act Appointments: Arnaud MERLET, AYSM and 2 others

Permanent representative: Arnaud MERLET · Auditor representative change · Rectification9 facts ▸

Board meeting, 11-03-2022
General meeting, 11-03-2022
Director appointment, Arnaud MERLET (délégué à la gestion journalière / ceo)
Director appointment, AYSM (director)
Permanent representative, Arnaud MERLET
Director appointment, Charles KUMPS (director)
Auditor representative change, représentant de l'auditeur
Auditor appointment, Julie DELFORGE (auditeur des comptes (représentant de la sc deloitte bedrijfsrevisoren))
Rectification, Rectification de l'erreur matérielle concernant la durée du mandat des administrateurs (2 ans au lieu de 6 ans)

21-04

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-08

State Gazette act Resignation: GALUM (managing director)

Permanent representative: Jacques PARLONGUE · Appointment: Maud LAROCHETTE (day-to-day manager)4 facts ▸

Board meeting, 01/06/2021
Director resignation, GALUM (managing director)
Permanent representative, Jacques PARLONGUE
Director appointment, Maud LAROCHETTE (day-to-day manager)

29-03

State Gazette act Capital & shares · Purpose · Statutes amendment · Resignations & appointments

Share transfer · Statutes amendment · Capital increase11 facts ▸

General meeting, 13-03-2021
Share transfer, N-SIDE
Share transfer, N-SIDE
Statutes amendment
Capital increase, €4.144.881,9
Bank account, Belfius, 2.072.440,95 EUR
Capital, €5.084.513,9
Statutes amendment
Statutes amendment
Purpose change, La société a pour objet : - la consultance en modélisation, optimisation, organisation, informatique, management d’entreprises ; - la création, le développement…
Statutes amendment

86.3% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗

19-03

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

30-09

Financial Highest result since 2018net €2.03M ▲105%

Operating result €2.16M, net result €2.03M, both a record.

30-09

Financial Equity above €5MEq €5.12M ▲65.7%

3 profitable years in a row build equity to €5.12M.

06-05

State Gazette act Reappointment: Deloitte Bedrijfrevisoren SCRL (statutory auditor)

2 facts ▸

General meeting, 13-03-2020
Auditor reappointment, Deloitte Bedrijfrevisoren SCRL

30-03

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

30-09

Financial Liquidity doublescurrent ratio 1.94

Current ratio from 0.96 to 1.94.

18-03

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

24-04

NBB filing Annual accounts filed

fiscal year 2017 · full schema

29-03

State Gazette act Appointment: Deloitte Bedrijfsrevisoren SCRL (statutory auditor)

2 facts ▸

General meeting, 12-09-2017
Auditor appointment, Deloitte Bedrijfsrevisoren SCRL (statutory auditor)

2017

26-04

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

16-08

State Gazette act Registered office

Registered-office move2 facts ▸

General meeting, 25-03-2016
Registered-office move, Boulevard Baudouin 1er, 25 à 1348 Louvain-la-Neuve

2015

15-05

State Gazette act Reappointments: Jean-Roger de Bandt, Philippe CHEVALIER and 2 others

Appointments: VAUBAN, Jean STEPHENNE and 3 others · Permanent representatives: Gaëtan HANNECART and Jacques PARLONGUE · Approval20 facts ▸

General meeting, 30-03-2015
Approval, 30-03-2015
Statutes amendment
Capital increase, €600.000
Share issue, A, 6480
Bank account, BE75 3631 4590 8551
Capital, €939.632
Statutes amendment
Director reappointment, Jean-Roger de Bandt (director)
Director reappointment, Philippe CHEVALIER (director)
Director reappointment, Yves Crama (director)
Director reappointment, François le Hodey (director)
+8 further facts in this act

2014

19-02

State Gazette act Resignation: Igazi Management (director and managing director)

Appointment: Jean-Roger de Bandt (director and managing director)3 facts ▸

General meeting, 23-12-2013
Director resignation, Igazi Management (director and managing director)
Director appointment, Jean-Roger de Bandt (director and managing director)

2011

19-10

State Gazette act Capital & shares

Share issue · Capital increase · Capital6 facts ▸

General meeting, 10-02-2005
Share issue, 1300, 1300
Capital increase, €18.330
Capital, €339.632
Statutes amendment
Share category breakdown

2010

12-10

State Gazette act Registered office · Capital & shares

Registered-office move · Capital increase · Statutes amendment4 facts ▸

Registered-office move, Watson & Crick Hill Parc, Rue Granbonpré, 11, Bâtiment H à 1435 Mont-Saint-Guibert, adresse postale: 1348 Louvain-la-Neuve
Capital increase, €321.302
Statutes amendment
Share structure

19-07

State Gazette act Capital & shares · Statutes amendment

Statutes amendment · Share transfer · Share cancellation16 facts ▸

General meeting, 24-06-2010
Statutes amendment
Share transfer, Philippe Chevalier
Share transfer, Yves Crama
Share transfer, Laurence Wolsey
Share transfer, François Le Hodey
Share transfer, GESVAL
Share transfer, Benoît David
Share transfer, SOPARTEC
Share transfer, Benoît David
Share cancellation, 3400, warrants
Capital increase, €123.000
+4 further facts in this act

11-05

State Gazette act Capital & shares

Capital increase · Share structure2 facts ▸

Capital increase, €177.102
Share structure

10-03

State Gazette act Resignation: MERYDIAN (director and managing director)

Appointment: IGAZI MANAGEMENT (director and managing director) · Permanent representative: Bruno Coppé4 facts ▸

Board meeting, 15-01-2010
Director resignation, MERYDIAN (director and managing director)
Director appointment, IGAZI MANAGEMENT (director and managing director)
Permanent representative, Bruno Coppé

2009

07-12

State Gazette act Resignation: ARMADIF SPRL (director and managing director)

Appointment: MERYDIAN SPRL (director and managing director) · Permanent representative: Jean Vanlanduyt4 facts ▸

Board meeting, 03-08-2009
Director resignation, ARMADIF SPRL (director and managing director)
Director appointment, MERYDIAN SPRL (director and managing director)
Permanent representative, Jean Vanlanduyt

10-04

State Gazette act Reappointments: ARMADIF, Philippe CHEVALIER and 4 others

Permanent representative: Jérôme CORNU9 facts ▸

General meeting, 13-03-2009
Director reappointment, ARMADIF (director)
Director reappointment, ARMADIF (managing director)
Permanent representative, Jérôme CORNU
Director reappointment, Philippe CHEVALIER (director)
Director reappointment, Yves DE RONGE (director)
Director reappointment, Wim BEAZAR (director)
Director reappointment, Yves CRAMA (director)
Director reappointment, François le HODEY (director)

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

27 directors, last change in 2026

RCG

Daily management delegate · since 08-05-2026 · Private limited company · perm. rep.: Quentin Grutman

Current

H.I. Invest SA

Director · since 16-03-2026 · Legal entity · perm. rep.: Charles le Hodey

Current

Invest.BW SA

Director · since 16-03-2026 · Legal entity · perm. rep.: Pierre H. Rion

Current

Jonathan Chevalier

Director · since 16-03-2026

Current

Mediascap SA

Director · since 16-03-2026 · Legal entity · perm. rep.: Alexis le Hodey

Current

Olivier Chapelle SRL

Director · since 16-03-2026 · Legal entity · perm. rep.: Olivier Chapelle

Current

21 other directors

Sopartec SA

Director · since 16-03-2026 · Legal entity

Current

Olivier CHAPELLE

Director · since 09-04-2025 · Private limited company

Current

SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON

Director · since 09-04-2025 · Public limited company · perm. rep.: Xavier Bocquet

Current

SOPARTEC

Director · since 09-04-2025 · Public limited company · perm. rep.: Xavier Bastin

Current

GGA Management

Director · since 21-06-2024 · Private limited company

Current

DoGoBeGo

Director · since 21-12-2023 · Private limited company · perm. rep.: Guillaume van Rijckevorsel

Current

I2A

Director · since 21-12-2023 · Private limited company · perm. rep.: Charles KUMPS

Current

MEDIASCAP

Director · since 21-12-2023 · Public limited company · perm. rep.: François le HODEY

Current

Mediscap SA

Chair of the board · since 21-12-2023 · Legal entity

Current

Gaëlle Gurné

Director · since 10-03-2023

Current

AYSM

Director · since 11-03-2022 · Legal entity · perm. rep.: Arnaud MERLET

Current

Constantin BLOME

Director · since 30-03-2015

Not recently confirmed

GALUM

Director · since 30-03-2015 · Private limited company · perm. rep.: Jacques PARLONGUE

Not recently confirmed

Jacques VAN RIJCKEVORSEL

Director · since 30-03-2015

Not recently confirmed

Jean STEPHENNE

Director · since 30-03-2015

Not recently confirmed

Jean-Roger de Bandt

Director and managing director · since 01-11-2013

Not recently confirmed

VAUBAN

Director · since 30-03-2015 · Public limited company · perm. rep.: Gaëtan HANNECART

Not recently confirmed

MERYDIAN SPRL

Director and managing director · since 03-08-2009 · Legal entity · perm. rep.: Jean Vanlanduyt

Not recently confirmed

ARMADIF

Director · since 13-03-2009 · Private limited company

Not recently confirmed

Wim Beazar

Director · since 13-03-2009

Not recently confirmed

Yves DE RONGE

Director · since 13-03-2009

Not recently confirmed

08-05-2026 RCG: Appointed as Daily management delegate

01-04-2026 Philippe Chevalier: Resigned as Daily management delegate

16-03-2026 H.I. Invest SA: Appointed as Director

16-03-2026 Invest.BW SA: Reappointed as Director

16-03-2026 Jonathan Chevalier: Appointed as Director

Full history in the Timeline (73 changes) →

Not every act has been read: a resignation may be missing here

1 act was read only in part. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2000

establishment approximate The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Courbevoie 131348 Ottignies-Louvain-la-Neuve

Ground area

1,249 m²

Building footprint

2,510 m²

Volume, LiDAR

35,795 m³

Parcel 25386B0254/00X000, Wallonia · tallest building 24.2 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

N-SIDE

Courbevoie 13, 1348 Ottignies-Louvain-la-NeuveNACE 72220

since 20002.094.051.539

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25386B0254/00X000	Wallonia	1,248 m²	1 · 2,510 m²	24.1 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Statutory auditor

2 auditors

Deloitte BedrijfsrevisorenCurrent Auditor	01-01-2023 → present
Julie DELFORGECurrent Auditeur des comptes (représentant de la sc deloitte bedrijfsrevisoren)	11-03-2022 → present

Show 2 earlier auditors

Deloitte Bedrijfrevisoren SCRL Auditor succeeded by Julie DELFORGE in 2022	13-03-2020 → 11-03-2022
Deloitte Bedrijfsrevisoren SCRL Statutory auditor · represented by Julie Delforge succeeded by Deloitte Bedrijfrevisoren SCRL in 2020	12-09-2017 → 13-03-2020

Structure & network

Connections & network

73 connected companies

Shared directors

Linked via shared directors

ASEPTIC TECHNOLOGIES

Shared director

→

AUDIOPRESSE

Shared director

→

BELFIUS BANQUE

Shared director

→

BePharBel Manufacturing

Shared director

→

Show 69 more companies with a shared director

BESIX Group

Shared director

→

BNP Paribas Fortis

Shared director

→

Capricorn SCF

Shared director

→

Cliniques universitaires Saint-Luc

Shared director

→

Cofinimmo

Shared director

→

Concours Musical International Reine Elisabeth de Belgique

Shared director

→

CRELAN

Shared director

→

D PARTICIPATION MANAGEMENT

Shared director

→

D'Ieteren Automotive SA/NV

Shared director

→

D'Ieteren Group

Shared director

→

de Duve Institute

Shared director

→

Degroof Petercam Asset Management

Shared director

→

DUVEL MOORTGAT

Shared director

→

EXCHANGE

Shared director

→

FINANCES ET INDUSTRIES

Shared director

→

FONDATION CONTRE LE CANCER

Shared director

→

Fondation Médicale Reine Elisabeth

Shared director

→

Fondation Saint - Luc

Shared director

→

FONDS DE LA RECHERCHE SCIENTIFIQUE-FNRS

Shared director

→

FONDS FEDERAL DE LA RECHERCHE SCIENTIFIQUE

Shared director

→

GlaxoSmithKline Biologicals

Shared director

→

GROUPE BRUXELLES LAMBERT

Shared director

→

Groupe pour HEC-Ecole , Management School University of Liège

Shared director

→

GUIRIDEN

Shared director

→

H.I. INVEST

Shared director

→

Hefboom

Shared director

→

Innosté

Shared director

→

Instituut voor Bestuurders - l'Institut des Administrateurs

Shared director

→

IPM Group

Shared director

→

LA PRESSE.be-ALLIANCE DES MEDIAS D'INFORMATION

Shared director

→

LES NEWS 24

Shared director

→

NANOCYL

Shared director

→

OncoDNA

Shared director

→

Plastics Europe

Shared director

→

SFPIM Defence

Shared director

→

SOCIETE DE SERVICES, DE PARTICIPATIONS, DE DIRECTION ET D'ELABORATION

Shared director

→

SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Shared director

→

SOLVAY

Shared director

→

YAGO

Shared director

→

B&M

Shared corporate director

→

BOTALYS

Shared corporate director

→

BRUSSELS LIFE SCIENCE INCUBATOR

Shared corporate director

→

CISSOID

Shared corporate director

→

COMPAGNIE DU LAC

Shared corporate director

→

Elia Group

Shared corporate director

→

HOOGLATEM

Shared corporate director

→

IMMOBILIERE ARPAL

Shared corporate director

→

Inetum Belgium

Shared corporate director

→

intoPIX

Shared corporate director

→

IsoHemp

Shared corporate director

→

iTeos Belgium

Shared corporate director

→

LEANSQUARE

Shared corporate director

→

Matexi Antwerpen

Shared corporate director

→

MATEXI BRUSSEL

Shared corporate director

→

MATEXI IMMO INVEST

Shared corporate director

→

MATEXI PROJECTS

Shared corporate director

→

Matexi Vlaams-Brabant

Shared corporate director

→

MATEXI WALLONIE

Shared corporate director

→

NOVADIP BIOSCIENCES

Shared corporate director

→

PwC Legal

Shared corporate director

→

QUAEROQ

Shared corporate director

→

REACFIN

Shared corporate director

→

RECTICEL

Shared corporate director

→

SiPulse

Shared corporate director

→

SOCIETE D'ASSAINISSEMENT ET DE RENOVATION DES SITES INDUSTRIELS DU BRABANT WALLON

Shared corporate director

→

Sunrise

Shared corporate director

→

The Akkermansia Company

Shared corporate director

→

VIVES II - Louvain Technology Fund

Shared corporate director

→

Whitestone Group

Shared corporate director

→

Capital and shareholders

Shareholders according to the acts

After the capital increase act of 29-03-2021 ↗

Philippe CHEVALIER 150,320 shares · 1,627,965.60 EUR
François le HODEY 103,280 shares · 1,118,522.40 EUR
QUAEROQ (BE 0862.330.988) 22,850 shares · 247,465.50 EUR
Yves CRAMA 22,500 shares · 243,675 EUR
Jacques Van Rijckevorsel 16,200 shares · 175,446 EUR
VINSOVIER (BE 0733.765.309) 16,200 shares · 175,446 EUR
GESVAL (BE 0445.067.177) 10,000 shares · 108,300 EUR
SOPARTEC (BE 0402.978.679) 10,000 shares · 108,300 EUR
Constantin BLOME 5,400 shares · 58,482 EUR
Laurence WOLSEY 2,500 shares · 27,075 EUR
Jacques PARLONGUE 4,380 shares · 37,974.60 EUR
Sébastien COPPE 15,250 shares · 132,217.50 EUR
Olivier DEVOLDER 1,740 shares · 15,085.80 EUR
Cyrille LEFEVRE 1,840 shares · 15,952.80 EUR
Guillaume LECLERCQ 2,300 shares · 19,941 EUR
Sophie MARQUET 600 shares · 5,202 EUR
Maud LAROCHETTE 1,100 shares · 9,537 EUR
Charlotte TANNIER 510 shares · 4,421.70 EUR
Amaury JEANDRAIN 950 shares · 8,236.50 EUR
Pauline MARTIN 230 shares · 1,994.10 EUR
Olivier GUERRIAT 200 shares · 1,734 EUR
Yafit AZRANLUZ 170 shares · 1,473.90 EUR
Aurélien CRUCIFIX 50 shares · 433.50 EUR

After the capital increase act of 15-05-2015 ↗

Constantin BLOME
ILICEUS (BE 0883.624.567)
MATEXI GROUP (BE 0435.477.936)
VINSOVIER
Jacques VAN RIJCKEVORSEL

After the capital increase act of 19-07-2010 ↗

IGAZI MANAGEMENT (BE 0475.965.736)

Share transfer act of 19-07-2010 ↗

from Philippe Chevalier 2,151 shares
from Yves Crama 1,550 shares
from Laurence Wolsey 500 shares
from François Le Hodey 3,046 shares
from GESVAL 1,000 shares
from Benoît David 417 shares
from SOPARTEC 1,000 shares
from Benoît David 2,050 shares

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years

02-01-2024 Capital stated in the act · 7,789,542.98 EUR · 4,536,064 shares
28-11-2023 Capital increase of 2,705,029.08 EUR · to 7,789,542.98 EUR · in cash
29-03-2021 Capital increase of 4,144,881.90 EUR · to 5,084,513.90 EUR · in cash
15-05-2015 Capital increase of 600,000 EUR · to 939,632 EUR · 6,480 new shares
19-10-2011 Capital increase of 18,330 EUR · to 339,632 EUR
12-10-2010 Capital increase · to 321,302 EUR
19-07-2010 Capital increase of 123,000 EUR · to 300,102 EUR · 2,000 new shares
11-05-2010 Capital increase · to 177,102 EUR

Public money · subsidies and aid

European research

7 projects · 2,973,305 EUR EU contribution

Programmes

Horizon 2020

7 entries · 2,973,305 EUR

Projects

Smart TSO-DSO interaction schemes, market architectures and ICT Solutions for the integration of ancillary services from demand side management and distributed generation

Horizon 2020 · participant · 01-01-2016 to 30-06-2019 · 1,015,265 EUR · SmartNet

Advanced methodology and tools taking advantage of storage and FLEXibility in transmission and distribution grid PLANning

Horizon 2020 · participant · 01-10-2019 to 31-03-2023 · 501,125 EUR · FlexPlan

Large scale campaigns to demonstrate how TSO-DSO shall act in a coordinated manner to procure grid services in the most reliable and efficient way

Horizon 2020 · participant · 01-01-2019 to 30-06-2022 · 388,973 EUR · CoordiNet

Bringing flexibility provided by multi energy carrier integration to a new MAGNITUDE

Horizon 2020 · participant · 01-10-2017 to 31-05-2021 · 335,313 EUR · MAGNITUDE

Boosting new Approaches for flexibility Management By Optimizing process Off-gas and waste use

Horizon 2020 · participant · 01-09-2018 to 28-02-2023 · 296,424 EUR · BAMBOO

Show 2 more projects

MARKET ENABLING INTERFACE TO UNLOCK FLEXIBILITY SOLUTIONS FOR COST-EFFECTIVE MANAGEMENT OF SMARTER DISTRIBUTION GRIDS

Horizon 2020 · participant · 01-02-2020 to 30-11-2023 · 292,600 EUR · EUniversal

Development of new methodologies for industrial CO2-free steel production by electrowinning

Horizon 2020 · participant · 01-10-2017 to 31-03-2023 · 143,606 EUR · SIDERWIN

Recognitions · licences · registrations

Legal Entity Identifier

549300RHV3S502NYC748

live in the LEI register

Similar companies · same sector, comparable size

Heist-op-den-Berg · Eq €7.32M

INDUSTRIE ET DEVELOPPEMENT

BE 0451.340.505

Farciennes · Eq €7.43M

Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 959 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPublic limited company

Founded22-08-2000

Fiscal year end30-09

Activities, NACEBEL 2025

58290Other software publishing

71121Engineering and related technical consultancy, excluding land surveyors

Sources

Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.