SPI
0204.259.135 · rovalta.com · 23/09/2026
ACTIVE
SPI
Financial year 2024 · closed on 31/12/2024
Net result
-76,5 k €
+95.4% YoY
Revenue
27 M €
+149.7% YoY
Equity
206,4 M €
+11.7% YoY
Workforce
105,0 ETP
+2.9% YoY
Overview
What does SPI do?
SPI is a Cooperative society incorporated in 1968. Its registered office is in Liège. It employs on average 105,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0204.259.135
Incorporation
13/11/1968
Legal form
Cooperative society
Registered office
Rue du Vertbois 11
4000 Liège · WallonieSee on map
4000 Liège · WallonieSee on map
Contributed capital
42 181 900,00 €
Latest accounts
31/12/2024
Average workforce
105,0 ETP
Joint committees (1)
- CP002
Contacts
1 public detail availableLog in to view
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 19 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Revenue | 27 M € | +150% | 10,8 M € | -21.6% | 13,8 M € | -16.1% | 16,5 M € | +15.3% | 14,3 M € | -31.5% | 20,8 M € | +27.1% | 16,4 M € | +16.6% | 14,1 M € | +31.8% | 10,7 M € | -30.9% | 15,4 M € | +52.8% | 10,1 M € | -7.7% | 10,9 M € | -26.1% | 14,8 M € | +9.7% | 13,5 M € | +47.7% | 9,1 M € | -28.1% | 12,7 M € | -24.5% | 16,8 M € | +31.2% | 12,8 M € | +8.8% | 11,8 M € |
| EBITDA | 8,4 M € | +187% | 2,9 M € | -59.8% | 7,3 M € | -27.2% | 10 M € | +76.2% | 5,7 M € | -66.6% | 17 M € | +70.4% | 10 M € | +10.5% | 9 M € | +120% | 4,1 M € | -29.2% | 5,8 M € | +29.4% | 4,5 M € | +67.0% | 2,7 M € | -33.8% | 4,1 M € | +23.6% | 3,3 M € | +108% | 1,6 M € | -46.7% | 3 M € | -24.8% | 3,9 M € | +55.9% | 2,5 M € | +6.9% | 2,4 M € |
| Operating result | -2,5 M € | +25.7% | -3,3 M € | +5.2% | -3,5 M € | -518% | 840,4 k € | +238% | 248,6 k € | -95.5% | 5,5 M € | +72.4% | 3,2 M € | +42.2% | 2,2 M € | +3112% | 69,9 k € | -97.0% | 2,3 M € | +375% | -852,7 k € | +45.8% | -1,6 M € | -141% | -653,5 k € | +62.6% | -1,7 M € | +30.4% | -2,5 M € | -122% | -1,1 M € | -250% | 754,3 k € | +263% | -463,9 k € | +39.1% | -761,4 k € |
| Net result | -76,5 k € | +95.4% | -1,7 M € | +32.5% | -2,4 M € | -209% | 2,3 M € | +41.9% | 1,6 M € | -72.4% | 5,8 M € | +46.9% | 3,9 M € | +67.4% | 2,3 M € | +540% | -532,2 k € | -126% | 2,1 M € | +458% | -576,4 k € | -22.5% | -470,5 k € | -224% | 380,8 k € | -52.2% | 796,4 k € | +374% | -290,5 k € | -146% | 625,4 k € | -64.2% | 1,7 M € | -11.9% | 2 M € | +161% | 760,8 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 206,4 M € | +11.7% | 184,9 M € | +0.8% | 183,5 M € | +0.9% | 181,8 M € | +12.0% | 162,3 M € | +1.1% | 160,6 M € | +2.2% | 157,1 M € | +4.6% | 150,3 M € | +24.4% | 120,8 M € | +10.4% | 109,4 M € | +15.2% | 95 M € | -1.6% | 96,5 M € | -2.3% | 98,8 M € | -0.5% | 99,3 M € | +7.7% | 92,2 M € | +8.3% | 85,1 M € | -9.1% | 93,6 M € | -1.1% | 94,7 M € | +0.4% | 94,3 M € |
| Total assets | 370,6 M € | +4.7% | 354 M € | +2.4% | 345,8 M € | +3.7% | 333,3 M € | +1.6% | 328 M € | -0.6% | 330,1 M € | +1.4% | 325,7 M € | +0.1% | 325,5 M € | +10.3% | 295 M € | +6.0% | 278,3 M € | +4.7% | 265,8 M € | +8.4% | 245,3 M € | +4.5% | 234,7 M € | +17.8% | 199,2 M € | +16.8% | 170,6 M € | +13.0% | 151 M € | +4.5% | 144,5 M € | +4.6% | 138,1 M € | +2.4% | 134,8 M € |
| Cash | 15,2 M € | -1.4% | 15,4 M € | -2.3% | 15,7 M € | -14.4% | 18,4 M € | +133% | 7,9 M € | -48.4% | 15,3 M € | +18.3% | 12,9 M € | +10.5% | 11,7 M € | -33.1% | 17,5 M € | -2.2% | 17,9 M € | -8.5% | 19,5 M € | +302% | 4,9 M € | -63.6% | 13,4 M € | +25.7% | 10,6 M € | +166% | 4 M € | -12.6% | 4,6 M € | -54.6% | 10,1 M € | +128% | 4,4 M € | -10.4% | 4,9 M € |
| Debts | 158,3 M € | -2.6% | 162,5 M € | +2.8% | 158,1 M € | +7.6% | 147 M € | -9.8% | 162,9 M € | -2.1% | 166,4 M € | +3.2% | 161,3 M € | -3.3% | 166,9 M € | +0.8% | 165,5 M € | +2.9% | 160,9 M € | -1.4% | 163,2 M € | +20.2% | 135,8 M € | +7.2% | 126,7 M € | +39.0% | 91,1 M € | +29.3% | 70,5 M € | +21.4% | 58,1 M € | +35.6% | 42,8 M € | +22.6% | 34,9 M € | +6.0% | 33 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 105,0 ETP | +2.9% | 102,0 ETP | +2.0% | 100,0 ETP | +5.9% | 94,4 ETP | +4.4% | 90,4 ETP | -1.8% | 92,1 ETP | -3.5% | 95,4 ETP | +0.1% | 95,3 ETP | +1.2% | 94,2 ETP | -3.3% | 97,4 ETP | -5.6% | 103,2 ETP | -3.6% | 107,1 ETP | +7.4% | 99,7 ETP | +8.3% | 92,1 ETP | -3.0% | 94,9 ETP | -0.1% | 95,0 ETP | +13.6% | 83,6 ETP | -1.5% | 84,9 ETP | +8.8% | 78,0 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 23 active · 261 ended
Active mandates
Mathieu ULRICI
ActiveBernard ALLELYN
ActiveEric CALLUT
ActiveLuc GILLARD
ActiveClaude KLENKENBERG
ActiveDeborah COLOMBINI
ActiveSandrina GAILLARD
ActivePascale DESIRONT
ActiveEric HAUTPHENNE
ActiveJulien VANDEBURIE
ActiveGilles FORET
ActiveGrégory BENVEGNA
ActiveIrwin GUCKEL
ActiveJean CLOSE-LECOQ
ActiveJean FABRIS
ActiveJean-Claude MEURENS
ActiveJulie GELDOF
ActiveKatty FIRQUET
ActiveNathalie LANDAUER
ActiveRené DELCOURT
ActiveRomain GANSER
ActiveSerge ERNST
ActiveWerner BAUMGARTEN
ActiveEnded mandates
Deborah COLOMBINI
EndedDidier NYSSEN
EndedDidier NYSSEN
EndedJulien VANDEBURIE
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
BROCKAERT Comptabilité SCS● Active | 0687.731.087 |
ECETIA FINANCES● Active | 0203.978.726 |
ECETIA INTERCOMMUNALE● Active | 0227.486.477 |
Ecetia Real Estate● Active | 0847.025.180 |
EolSPI● Active | 0798.649.203 |
G.S.● Active | 0829.982.973 |
LIEGE ON LINE● Active | 0461.688.524 |
Maison de l'Urbanité● Active | 0445.478.339 |
| 0450.994.372 | |
| 0435.532.572 | |
| 0873.260.316 | |
T4T● Active | 0799.844.974 |
Unité Ecetia● Active | 0777.981.075 |
Financials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 01/07/2025 | 26/06/2024 | 28/06/2023 | 29/06/2022 | 30/06/2021 | 24/09/2020 |
| General meeting | 30/06/2025 | 25/06/2024 | 27/06/2023 | 28/06/2022 | 29/06/2021 | 07/09/2020 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
43 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2024 | 30/06/2025 | 01/07/2025 | French | |
| Full model | 31/12/2023 | 25/06/2024 | 26/06/2024 | French | |
| Full model | 31/12/2022 | 27/06/2023 | 28/06/2023 | French | |
| Full model | 31/12/2021 | 28/06/2022 | 29/06/2022 | French | |
| Full model | 31/12/2020 | 29/06/2021 | 30/06/2021 | French | |
| Full model | 31/12/2019 | 07/09/2020 | 24/09/2020 | French | |
| Full model | 31/12/2018 | 27/06/2019 | 12/07/2019 | French | |
| Full modelCorrection | 31/12/2017 | 29/06/2018 | 09/08/2018 | French | |
| Full model | 31/12/2017 | 29/06/2018 | 09/07/2018 | French | |
| Full model | 31/12/2016 | 26/06/2017 | 27/06/2017 | French | |
| Full model | 31/12/2015 | 28/06/2016 | 29/06/2016 | French | |
| Full model | 31/12/2014 | 22/06/2015 | 24/06/2015 | French | |
| Full model | 31/12/2013 | 24/06/2014 | 27/06/2014 | French | |
| Full model | 31/12/2012 | 25/06/2013 | 15/07/2013 | French | |
| Full model | 31/12/2011 | 26/06/2012 | 13/07/2012 | French | |
| Full model | 31/12/2010 | 27/06/2011 | 13/07/2011 | French | |
| Full model | 31/12/2009 | 29/06/2010 | 07/07/2010 | French | |
| Full model | 31/12/2008 | 23/06/2009 | 06/07/2009 | French | |
| Full model | 31/12/2007 | 24/06/2008 | 08/07/2008 | French | |
| Full model | 31/12/2006 | 27/06/2007 | 25/07/2007 | French | |
| Full model | 31/12/2005 | 28/06/2006 | 03/07/2006 | French | |
| Full model | 31/12/2004 | 29/06/2005 | 30/06/2005 | French | |
| Full model | 31/12/2003 | 28/06/2004 | 08/07/2004 | French | |
| Full model | 31/12/2002 | 25/06/2003 | 09/07/2003 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2024 · 23 active · 261 ended
Active mandates
Mathieu ULRICI
ActiveBernard ALLELYN
ActiveEric CALLUT
ActiveLuc GILLARD
ActiveClaude KLENKENBERG
ActiveDeborah COLOMBINI
ActiveSandrina GAILLARD
ActivePascale DESIRONT
ActiveEric HAUTPHENNE
ActiveJulien VANDEBURIE
ActiveGilles FORET
ActiveGrégory BENVEGNA
ActiveIrwin GUCKEL
ActiveJean CLOSE-LECOQ
ActiveJean FABRIS
ActiveJean-Claude MEURENS
ActiveJulie GELDOF
ActiveKatty FIRQUET
ActiveNathalie LANDAUER
ActiveRené DELCOURT
ActiveRomain GANSER
ActiveSerge ERNST
ActiveWerner BAUMGARTEN
ActiveEnded mandates
Deborah COLOMBINI
EndedDidier NYSSEN
EndedDidier NYSSEN
EndedJulien VANDEBURIE
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates27/07/2026DEMISSIONS, NOMINATIONS
- Mandates27/07/2026DEMISSIONS, NOMINATIONS
- Other02/07/2026STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates05/06/2026DEMISSIONS, NOMINATIONS
- Mandates06/05/2026DEMISSIONS, NOMINATIONS
- Capital / shares18/11/2025CAPITAL, ACTIONS - DIVERS
- Other18/11/2025DIVERS
- Mandates15/10/2025DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 19/03/2026nominationMartin PETERS — Administrateur
- 30/06/2025nominationFabian CULOT — Administrateur
- 30/06/2025nominationRené DELCOURT — Administrateur
- 30/06/2025nominationChristian BAGUETTE — Administrateur
- 30/06/2025nominationIsabelle STASSART — Administrateur
- 30/06/2025nominationValérie TINTNER — Administrateur
- 30/06/2025nominationKatty FIRQUET — Administrateur
- 30/06/2025nominationEric JEROME — Administrateur
- 30/06/2025nominationDonovan NIESSEN — Administrateur
- 30/06/2025nominationChanelle BONAVENTURE — Administrateur
- 30/06/2025nominationLinda ZWARTBOL — Administrateur
- 30/06/2025nominationDuygu CELIK — Administrateur
- 30/06/2025nominationHervé RIGOT — Administrateur
- 30/06/2025nominationEric LOMBA — Administrateur
- 30/06/2025nominationIrwin GUCKEL — Administrateur
- 30/06/2025nominationClaude KLENKENBERG — Administrateur
- 30/06/2025nominationVincent MOYSE — Administrateur
- 30/06/2025nominationChristophe DEMOULIN — Administrateur
- 30/06/2025nominationNicole MARECHAL — Administrateur
- 2024Annual accounts 2024-76,5 k €↑
- 25/06/2024nominationClaude KLENKENBERG — membre du Conseil d'Administration
- 25/06/2024nominationLuc GILLARD — membre du Conseil d'Administration
- 10/02/2024nominationLaurence Simon — pouvoir de signature sur les comptes
- 10/02/2024nominationCatherine Collette — pouvoir de signature sur les comptes
- 10/02/2024nominationFabienne Loiseau — pouvoir de signature sur les comptes
- 10/02/2024nominationSonia Colabella — pouvoir de signature sur les comptes
- 10/02/2024nominationAndré Ernst — pouvoir de signature sur les comptes
- 10/02/2024nominationStéphane Degueldre — pouvoir de signature sur les comptes
- 2023Annual accounts 2023-1,7 M €↑
- 2022Annual accounts 2022-2,4 M €↓
- 17/05/2022nominationSandrina GAILLARD — membre du Conseil d'Administration
- 17/05/2022nominationDéborah COLOMBINI — membre du Conseil d'Administration
- 2021Annual accounts 20212,3 M €↑
- 2020Annual accounts 20201,6 M €↓
- 2019Annual accounts 20195,8 M €↑
- 2018Annual accounts 20183,9 M €↑
- 2017Annual accounts 20172,3 M €↑
- 2016Annual accounts 2016-532,2 k €↓
- 2015Annual accounts 20152,1 M €↑
- 2014Annual accounts 2014-576,4 k €↓
- 2013Annual accounts 2013-470,5 k €↓
- 2012Annual accounts 2012380,8 k €↓
- 2011Annual accounts 2011796,4 k €↑
- 2010Annual accounts 2010-290,5 k €↓
- 2009Annual accounts 2009625,4 k €↓
- 2008Annual accounts 20081,7 M €↓
- 2007Annual accounts 20072 M €↑
- 2006Annual accounts 2006760,8 k €
- 13/11/1968IncorporationCooperative society