ACTIVE

ENODIA

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Financial year 2025 · Closed on 31/12/2025

Net result29,6 M €-18,2 %over 1 year
Equity1,2 Md €-0,2 %over 1 year
Workforce170,9 ETP-1,5 %over 1 year

Identity

Source · BCE/KBO

ENODIA is a Cooperative society incorporated in 1923. Its main activity is: Wired telecommunications activities. Its registered office is in Liège. It employs on average 170,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0204.245.277
Incorporation
30/03/1923
Legal form
Cooperative society
Registered office
Boulevard Piercot 46
4000 Liège · WallonieSee on map
Contributed capital
261 424 370,00 €
Latest accounts
31/12/2025
Average workforce
170,9 ETP
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

Financials

Source · NBB, 82 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue–0 €–––
EBITDA-5 M €-3,8 M €-265,1 k €57,9 M €20,2 M €
Operating result-7,4 M €-7 M €-3,3 M €57,9 M €20,2 M €
Net result29,6 M €36,2 M €230,7 M €77 M €33,1 M €
Balance sheet
Equity1,2 Md €1,2 Md €1,8 Md €1,8 Md €1,7 Md €
Total assets1,3 Md €1,3 Md €2,1 Md €1,9 Md €1,9 Md €
Cash4,5 M €4 M €3,5 M €4 M €–
Debts145,9 M €130,1 M €295,9 M €90 M €147,7 M €
Other
Workforce170,9 ETP173,5 ETP178,3 ETP84,4 ETP85,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

more than 1.000 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

22 active · 119 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Eric HAUTPHENNE
Chairman of the board of directors25/06/2026 → 30/06/2031
Philippe BOURY
Director25/06/2026 → 30/06/2031Mandate22/12/2010 → 22/06/2013ended
Sébastien BLAVIER
Director25/06/2026 → 30/06/2031
Damien ROBERT
Director25/09/2019 → 30/06/2031
Guillaume DHEUR
Director25/06/2025 → 30/06/2031
Jean-Claude JADOT
Director25/06/2025 → 30/06/2031Vice-chairman of the board of directors25/06/2019 → 25/06/2025
Katty FIRQUET
Vice-présidente du Conseil d'Administration25/06/2025 → 30/06/2031Directorlisted until the 2016 accountsended
Laura CRAPANZANO
Director30/03/2017 → 30/06/2031
Murielle FRENAY
Observateur25/06/2025 → 30/06/2031Director13/03/2025 → 25/06/2025
Pierre ERLER
Director30/03/2017 → 30/06/2031
Serge FILLOT
Director25/06/2025 → 30/06/2031
Valérie HEUCHAMPS
Director25/06/2025 → 30/06/2031
Vincent SWARTENBROUCKX
Director25/06/2025 → 30/06/2031
Alain DECERF
Director30/11/2018 → 30/06/2025
Caroline LEBEAU
Director23/02/2022 → 30/06/2025
Samuel MOINY
Director23/02/2022 → 30/06/2025
Samuel DE TOFFOL
Observateur30/09/2021 → 25/06/2025Autre fonction30/09/2021 → 2023 accountsendedDirectorlisted until the 2020 accountsended
Julie FERNANDEZ FERNANDEZ
Présidente du Conseil d'Administration14/11/2019 → 25/06/2025Chairman of the board of directors14/11/2019 → 2024 accountsended
Fabian CULOT
Director01/03/2018 → 30/06/2025Vice-chairman of the board of directors30/03/2017 → 2018 accountsended
Luc GILLARD
Director30/11/2018 → 30/06/2025
Maxime DEGEY
Director25/06/2019 → 25/06/2025
Nathalie DUBOIS
Director04/12/2018 → 30/06/2025

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Julien VANDEBURIE
Director16/10/2024 → 06/12/2024
Layla BOUAZZA
Director09/02/2021 → 13/10/2021
Géraldine BLAVIER
Director14/07/2020 → 2020 accounts

Other companies at this address

Boulevard Piercot 46 4000 Liège
CompanyCBE no.
CREDIS● Active
0433.077.977
ELICIO BASTOGNE● Active
0890.159.102
Elicio Vents d'Ardenne● Active
0794.329.832
Enodia pillar● Active
1011.191.148
NEB PARTICIPATIONS● Active
0480.029.739
NETHYS● Active
0465.607.720
NETHYS IMMO● Active
0404.332.622
"NETHYS UNITE TVA"● Active
0642.931.737

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/07/202615/07/202520/08/202409/10/202319/07/202213/01/2022
General meeting24/06/202625/06/202526/06/202428/06/202329/06/202222/12/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 82 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full modelCorrection31/12/202524/06/202613/07/2026FrenchPDF
Full model31/12/202524/06/202606/07/2026FrenchPDF
Full model31/12/202425/06/202515/07/2025FrenchPDF
Consolidated accounts31/12/202425/06/202515/07/2025FrenchPDF
Full modelCorrection31/12/202326/06/202420/08/2024FrenchPDF
Full model31/12/202326/06/202401/07/2024FrenchPDF
Consolidated accounts31/12/202326/06/202403/07/2024FrenchPDF
Full modelCorrection31/12/202228/06/202309/10/2023FrenchPDF
Full model31/12/202228/06/202317/07/2023FrenchPDF
Consolidated accountsCorrection31/12/202228/06/202309/10/2023FrenchPDF
Consolidated accounts31/12/202228/06/202317/07/2023FrenchPDF
Full model31/12/202129/06/202219/07/2022FrenchPDF
Consolidated accounts31/12/202104/10/202207/10/2022FrenchPDF
Full model31/12/202022/12/202112/01/2022FrenchPDF
Consolidated accounts31/12/202022/12/202113/01/2022FrenchPDF
Full model31/12/201929/09/202008/10/2020FrenchPDF
Consolidated accounts31/12/201915/12/202021/12/2020FrenchPDF
Full model31/12/201825/06/201922/10/2019FrenchPDF
Consolidated accounts31/12/201825/06/201923/10/2019FrenchPDF
Full model31/12/201726/06/201823/10/2018FrenchPDF
Consolidated accounts31/12/201726/06/201817/10/2018FrenchPDF
Full model31/12/201606/02/201812/06/2018FrenchPDF
Consolidated accounts31/12/201606/02/201813/06/2018FrenchPDF
Full modelCorrection31/12/201506/02/201805/06/2018FrenchPDF

View all 82 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

more than 1.000 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

22 active · 119 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Eric HAUTPHENNE
Chairman of the board of directors25/06/2026 → 30/06/2031
Philippe BOURY
Director25/06/2026 → 30/06/2031Mandate22/12/2010 → 22/06/2013ended
Sébastien BLAVIER
Director25/06/2026 → 30/06/2031
Damien ROBERT
Director25/09/2019 → 30/06/2031
Guillaume DHEUR
Director25/06/2025 → 30/06/2031
Jean-Claude JADOT
Director25/06/2025 → 30/06/2031Vice-chairman of the board of directors25/06/2019 → 25/06/2025
Katty FIRQUET
Vice-présidente du Conseil d'Administration25/06/2025 → 30/06/2031Directorlisted until the 2016 accountsended
Laura CRAPANZANO
Director30/03/2017 → 30/06/2031
Murielle FRENAY
Observateur25/06/2025 → 30/06/2031Director13/03/2025 → 25/06/2025
Pierre ERLER
Director30/03/2017 → 30/06/2031
Serge FILLOT
Director25/06/2025 → 30/06/2031
Valérie HEUCHAMPS
Director25/06/2025 → 30/06/2031
Vincent SWARTENBROUCKX
Director25/06/2025 → 30/06/2031
Alain DECERF
Director30/11/2018 → 30/06/2025
Caroline LEBEAU
Director23/02/2022 → 30/06/2025
Samuel MOINY
Director23/02/2022 → 30/06/2025
Samuel DE TOFFOL
Observateur30/09/2021 → 25/06/2025Autre fonction30/09/2021 → 2023 accountsendedDirectorlisted until the 2020 accountsended
Julie FERNANDEZ FERNANDEZ
Présidente du Conseil d'Administration14/11/2019 → 25/06/2025Chairman of the board of directors14/11/2019 → 2024 accountsended
Fabian CULOT
Director01/03/2018 → 30/06/2025Vice-chairman of the board of directors30/03/2017 → 2018 accountsended
Luc GILLARD
Director30/11/2018 → 30/06/2025
Maxime DEGEY
Director25/06/2019 → 25/06/2025
Nathalie DUBOIS
Director04/12/2018 → 30/06/2025

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Julien VANDEBURIE
Director16/10/2024 → 06/12/2024
Layla BOUAZZA
Director09/02/2021 → 13/10/2021
Géraldine BLAVIER
Director14/07/2020 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other13/02/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates09/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/07/2025
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/01/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/12/2024
    DEMISSIONS, NOMINATIONS
    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
Incorporation1923
Name
Registered office
Annual accounts
Filings18 filings
Mandates
Eric HAUTPHENNE
Philippe BOURY
Sébastien BLAVIER
Laura CRAPANZANO
Murielle FRENAY
Jean-Claude JADOT
Valérie HEUCHAMPS
Damien ROBERT
Guillaume DHEUR
Vincent SWARTENBROUCKX
Serge FILLOT
Pierre ERLER
196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
ENODIA
Boulevard Piercot 46, 4000 LiègeRue Louvrex 95, 4000 Liège
Chairman of the board of directors
Director
Director
Director
ObservateurDirector
DirectorVice-chairman of the board of directors
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Boulevard Piercot 46, 4000 LiègeCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00256859
Rue Louvrex 95, 4000 Liège
accounts 2021 → 2023
Accounts 2023 · 2024-00213975

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ENODIACurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00256859

Events

  1. 2025
    Annual accounts 202529,6 M €↓
  2. 17/09/2025
    nominationCarine HOUGARDY · Directeur général f.f.
  3. 25/06/2025
    nominationSébastien BLAVIER · Administrateur
  4. 25/06/2025
    nominationPhilippe BOURY · Administrateur
  5. 25/06/2025
    nominationKatty FIRQUET · Administrateur
  6. 25/06/2025
    nominationJean-Claude JADOT · Administrateur
  7. 25/06/2025
    nominationLaura CRAPANZANO · Administrateur
  8. 25/06/2025
    nominationSerge FILLOT · Administrateur
  9. 25/06/2025
    nominationEric HAUTPHENNE · Administrateur
  10. 25/06/2025
    nominationVincent SWARTENBROUCKX · Administrateur
  11. 25/06/2025
    nominationGuillaume DHEUR · Administrateur
  12. 25/06/2025
    nominationPierre ERLER · Administrateur
  13. 25/06/2025
    nominationValérie HEUCHAMPS · Administrateur
  14. 25/06/2025
    nominationDamien ROBERT · Administrateur
  15. 25/06/2025
    nominationMurielle FRENAY · observateur
  16. 25/06/2025
    nominationEric HAUTPHENNE · Président du Conseil d'administration
  17. 25/06/2025
    nominationKatty FIRQUET · Vice-Présidente du Conseil d'administration
  18. 22/04/2025
    nominationSamuel MOINY · membre du Comité d'audit
  19. 13/03/2025
    nominationLaura CRAPANZANO · Administratrice représentant la Province de Liège
  20. 13/03/2025
    nominationMurielle FRENAY · Administratrice représentant la Province de Liège
  21. 13/03/2025
    nominationAlain DECERF · Administrateur représentant les Communes associées
  22. 2024
    Annual accounts 202436,2 M €↓
  23. 16/10/2024
    nominationJulien VANDEBURIE · Administrateur représentant la Province de Liège
  24. 26/06/2024
    nominationThierry LEJUSTE · Commissaire
  25. 26/06/2024
    nominationHanine ESSAHELI · Commissaire
  26. 2023
    Annual accounts 2023230,7 M €↑
  27. 12/09/2023
    nominationJulie FERNANDEZ FERNANDEZ · Présidente du Conseil d'administration
  28. 12/09/2023
    nominationJean-Claude JADOT · Vice-Président du Conseil d'administration
  29. 12/09/2023
    nominationCarine HOUGARDY · Directeur général f.f.
  30. 2022
    Annual accounts 202277 M €↑
  31. 20/06/2022
    reconductionCarine HOUGARDY · Directeur général f.f.
  32. 2021
    Annual accounts 202133,1 M €↑
  33. 2020
    Annual accounts 202016,9 M €↓
  34. 2019
    Annual accounts 201937,6 M €↓
  35. 2018
    Annual accounts 201849,4 M €↑
  36. 2017
    Annual accounts 201732,3 M €↑
  37. 2016
    Annual accounts 201624 M €↓
  38. 2015
    Annual accounts 201539,6 M €↑
  39. 2014
    Annual accounts 201438,7 M €↓
  40. 2013
    Annual accounts 201354,5 M €↑
  41. 2012
    Annual accounts 201244,4 M €↓
  42. 2011
    Annual accounts 201149,9 M €↑
  43. 2008
    Annual accounts 200829,3 M €↓
  44. 2007
    Annual accounts 200740,8 M €↓
  45. 2006
    Annual accounts 200644,4 M €
  46. 30/03/1923
    IncorporationCooperative society