Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 9.7 to 8.
Financials
Financial year 2025
ECONOCOM GROUP from Elsene, company number BE0422646816, closed financial year 2025 with a result of € 9.1 million after tax. For that financial year ECONOCOM GROUP recorded revenue of € 22.1 million and equity of € 408.4 million. Compared with financial year 2023, the result moved from € 1.1 million to € 9.1 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 21, 2026.
€ 408.4 million
▲ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9.1 million
▲ € 8 million vs 2023
Profit after tax over the fiscal year.
€ 49,157
▼ 30% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 313.7 million.
People and assets in 2025
8
▼ 1.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 871,565
▼ 41% vs 2023
€ 108,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 380.4 million
▲ 71% vs 2023
€ 3.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 111 years.
€ 3.9 million
▼ 28% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 53 days on average.
€ 1.6 million
▲ 292% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 14,853,765 | € 21,655,151 | € 20,395,616 | € 22,098,251 | ▲ 8% |
| Profit after taxes | € 278,795,843 | € 43,064,960 | € 1,076,689 | € 9,125,415 | ▲ € 8 million |
| Equity | € 535,196,089 | € 554,292,673 | € 390,856,847 | € 408,352,920 | ▲ 4% |
| Total debts | € 420,118,717 | € 496,959,240 | € 571,628,024 | € 546,547,162 | ▼ 4% |
| Cash | € 449,779 | € 670,034 | € 70,406 | € 49,157 | ▼ 30% |
| Retained profit | € 337,092,977 | € 385,611,279 | € 250,822,796 | € 313,670,914 | ▲ 25% |
| Bank debt | € 273,699,270 | € 393,372,559 | € 222,148,187 | € 380,351,133 | ▲ 71% |
| Balance sheet total | € 966,040,513 | € 1,051,741,534 | € 962,684,871 | € 985,900,082 | ▲ 2% |
| Employees (FTE) | 9.9 | 9.7 | 9.6 | 8 | ▼ 1.6 |
Key figures of ECONOCOM GROUP, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ECONOCOM GROUP?
What happened at ECONOCOM GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Robert BOUCHARD stepped down as director. NBB
- Chantal DE VRIEZE stepped down as director. NBB
- ECONOCOM INTERNATIONAL BV stepped down as director. NBB
- Marie-Christine LEVET stepped down as director. NBB
- Sophie GUIEYSSE stepped down as director. NBB
- Jean-Philippe ROESCH stepped down as director. NBB
- Philippe CAPRON stepped down as director. NBB
- Angel BENGUIGUI DIAZ stepped down as director. NBB
In short
From € 278.8 million profit in 2021 to € 9.1 million profit in 2025.
Paid € 4,237 in corporate taxes since 2021.
Best year ever: 2021, with € 278.8 million profit.
Pays suppliers within 53 days on average.
Management
It owns 100% of ECONOCOM FINANCE, 100% of EPS UK Ltd (ex.TRAMS), 100% of ECONOCOM PRODUCTS & SOLUTIONS BELUX, 100% of ECONOCOM MAROC, 100% of ECONOCOM DIGITALENT and 100% of A2Z SOLUTIONS itself.
Directors
According to the 2025 annual accounts
Robert BOUCHARD
Director
since 2025 · until 2029
Chantal DE VRIEZE
Director
Also active at: Colruyt Group, ECONOCOM LEASE, ECONOCOM MANAGED SERVICES, ATLANCE, Econocom DigiTalent, 7 CAPITAL
since 2024 · until 2028
ECONOCOM INTERNATIONAL BV
Chairman of the board · represented by Jean-Louis BOUCHARD
since 2024 · until 2028
Marie-Christine LEVET
Director
since 2024 · until 2028
Angel BENGUIGUI DIAZ
Director
since 2023 · until 2027
Sophie GUIEYSSE
Director
since 2024 · until 2028
Jean-Philippe ROESCH
Director
since 2024 · until 2028
Philippe CAPRON
Director
since 2024 · until 2028
Establishments
Establishment units
Physical locations of this company
Marsveldplein 5
1050 Elsene
Leuvensesteenweg 510 box 80
1930 Zaventem
Active since 1 August 1999
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
Online SAS, FR
Domain
Domain
econocom.com
Registered
1996-09-16
Registrar
EuroDNS S.A.
Expires
2026-09-15
Website info
Features
Security
Details
- Company number
- 0422.646.816
- VAT number
- BE 0422.646.816
- Registered office
- Marsveldplein 5, 1050 Elsene
- Names & denominations
- ECONOCOM GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- European company (SE)
- Legal situation
- Normale toestand
- Start date
- 2 April 1982
- Peppol
- Active · Active since 26 May 2025
- Contact
- econocom.com [email protected]
- Activities · NACE
Verhuur en lease van kantoormachines, inclusief computers
Verhuur van kantoormachines en computers
Activiteiten van holdings
Holdings
Wederverkoop van telecommunicatie en bemiddelingsactiviteiten in verband met telecommunicatie
Groothandel in informatie- en communicatieapparatuur
Groothandel in overige kantoormachines en kantoorbenodigdheden
Overige telecommunicatie
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