PUBLILEC
0219.808.433 · rovalta.com · 23/09/2026
ACTIVE
PUBLILEC
Financial year 2025 · closed on 31/12/2025
Net result
23,8 M €
+878.2% YoY
Equity
168,3 M €
+3.6% YoY
Workforce
2,3 ETP
-11.5% YoY
Overview
What does PUBLILEC do?
PUBLILEC is a Cooperative company with limited liability incorporated in 1978. Its main activity is: Trade of electricity. Its registered office is in Seraing. It employs on average 2,3 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0219.808.433
Incorporation
22/07/1978
Legal form
Cooperative company with limited liability
Registered office
Place Communale -
4100 Seraing · WallonieSee on map
4100 Seraing · WallonieSee on map
Contributed capital
143 538 714,00 €
Latest accounts
31/12/2025
Average workforce
2,3 ETP
Activities (NACE)
Signals
ProfitableSolid equityLow riskPositive cashflowHealthy social debts
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| EBITDA | -600,9 k € | +41.1% | -1 M € | -12.6% | -905,8 k € | +82.9% | -5,3 M € | -488% | -899,1 k € | -1.5% | -885,4 k € | +45.7% | -1,6 M € | +90.2% | -16,6 M € | -1665% | -938,8 k € | -2.1% | -919,6 k € | +34.5% | -1,4 M € | +25.4% | -1,9 M € | -95.2% | -964,2 k € | +11.3% | -1,1 M € | -19.9% | -906,8 k € | +10.1% | -1 M € | -14.3% | -882,6 k € | -65.2% | -534,3 k € |
| Operating result | -602,7 k € | +41.0% | -1 M € | -12.4% | -908 k € | +82.8% | -5,3 M € | -483% | -907,5 k € | -1.6% | -893,1 k € | +45.6% | -1,6 M € | +90.1% | -16,6 M € | -1624% | -962 k € | -1.7% | -946,1 k € | +33.9% | -1,4 M € | +24.7% | -1,9 M € | -92.5% | -987,5 k € | +11.5% | -1,1 M € | -18.9% | -938,4 k € | +9.9% | -1 M € | -14.5% | -910,1 k € | -66.3% | -547,4 k € |
| Net result | 23,8 M € | +878% | 2,4 M € | +13.1% | 2,2 M € | +181% | -2,7 M € | -160% | 4,4 M € | +135% | 1,9 M € | +94.3% | 967 k € | -89.8% | 9,5 M € | -18.7% | 11,7 M € | +1.4% | 11,5 M € | +155% | 4,5 M € | -60.1% | 11,3 M € | -37.7% | 18,2 M € | -31.9% | 26,7 M € | +30.3% | 20,5 M € | +53.0% | 13,4 M € | +39.1% | 9,6 M € | +90.0% | 5,1 M € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 168,3 M € | +3.6% | 162,5 M € | -3.3% | 168,1 M € | -0.2% | 168,4 M € | -1.6% | 171,1 M € | +2.6% | 166,6 M € | -1.8% | 169,8 M € | -3.2% | 175,3 M € | -6.0% | 186,5 M € | -1.3% | 189 M € | -4.2% | 197,4 M € | +2.3% | 192,8 M € | -34.3% | 293,5 M € | -2.0% | 299,4 M € | +0.9% | 296,9 M € | +0.8% | 294,5 M € | +0.3% | 293,5 M € | -0.2% | 294,2 M € |
| Total assets | 193,9 M € | +8.4% | 179 M € | -0.1% | 179,1 M € | +0.9% | 177,5 M € | -2.1% | 181,3 M € | -0.4% | 182,1 M € | +2.8% | 177,1 M € | -0.5% | 178 M € | -11.4% | 200,9 M € | -3.9% | 209 M € | +5.7% | 197,7 M € | -35.2% | 305 M € | -4.0% | 317,7 M € | -1.8% | 323,7 M € | +2.7% | 315,1 M € | +2.6% | 307,1 M € | +1.0% | 304,2 M € | +1.3% | 300,3 M € |
| Cash | 356,4 k € | -15.5% | 421,9 k € | +57.6% | 267,6 k € | -41.5% | 457,6 k € | +92.6% | 237,5 k € | -28.3% | 331,5 k € | +4.4% | 317,6 k € | +33.0% | 238,8 k € | -93.3% | 3,6 M € | +1022% | 316,5 k € | -95.4% | 6,9 M € | +1991% | 328,5 k € | +15.3% | 285 k € | -7.9% | 309,3 k € | -32.8% | 460,4 k € | +590% | 66,7 k € | -49.4% | 131,9 k € | +71.0% | 77,1 k € |
| Debts | 25,5 M € | +56.6% | 16,3 M € | +47.4% | 11,1 M € | +22.3% | 9 M € | -11.2% | 10,2 M € | -33.8% | 15,4 M € | +111% | 7,3 M € | +174% | 2,7 M € | -81.4% | 14,3 M € | -28.1% | 19,9 M € | +6081% | 322,6 k € | -99.7% | 112,1 M € | +364% | 24,2 M € | -0.1% | 24,2 M € | +33.2% | 18,2 M € | +44.9% | 12,5 M € | +18.6% | 10,6 M € | +75.6% | 6 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 2,3 ETP | -11.5% | 2,6 ETP | 0.0% | 2,6 ETP | -23.5% | 3,4 ETP | -20.9% | 4,3 ETP | -8.5% | 4,7 ETP | +2.2% | 4,6 ETP | +84.0% | 2,5 ETP | +56.2% | 1,6 ETP | -11.1% | 1,8 ETP | -5.3% | 1,9 ETP | 0.0% | 1,9 ETP | 0.0% | 1,9 ETP | +11.8% | 1,7 ETP | +13.3% | 1,5 ETP | +15.4% | 1,3 ETP | 0.0% | 1,3 ETP | +8.3% | 1,2 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 100 M€ and 250 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 10 active · 138 ended
Active mandates
GABY VERSTRAETE
ActiveBERTRAND DEMONCEAU
ActiveDAVID DE BRABANT
ActiveDEBORAH GERADON
ActiveFRANK WILRYCX
ActiveGREGORY DEMAL
ActiveLIES LARIDON
ActiveTHIERRY HARDY
ActiveVALTER POLESE
ActiveWALTER MILITELLO
ActiveEnded mandates
DAVID DE BRABANT
EndedBERTRAND DEMONCEAU
EndedGABY VERSTRAETE
EndedGREGORY DEMAL
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
Ville de Seraing● Active | 0207.347.002 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 03/07/2026 | 02/07/2025 | 05/07/2024 | 30/06/2023 | 25/06/2022 | 20/07/2021 |
| General meeting | 30/06/2026 | 24/06/2025 | 27/06/2024 | 29/06/2023 | 23/06/2022 | 24/06/2021 |
| 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
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 30/06/2026 | 03/07/2026 | French | |
| Full model | 31/12/2024 | 24/06/2025 | 02/07/2025 | French | |
| Full model | 31/12/2023 | 27/06/2024 | 05/07/2024 | French | |
| Full model | 31/12/2022 | 29/06/2023 | 30/06/2023 | French | |
| Full model | 31/12/2021 | 23/06/2022 | 25/06/2022 | French | |
| Full model | 31/12/2020 | 24/06/2021 | 20/07/2021 | French | |
| Full model | 31/12/2019 | 07/09/2020 | 15/09/2020 | French | |
| Full model | 31/12/2018 | 27/06/2019 | 01/07/2019 | French | |
| Full model | 31/12/2017 | 28/06/2018 | 29/06/2018 | French | |
| Full model | 31/12/2016 | 28/06/2017 | 29/06/2017 | French | |
| Full model | 31/12/2015 | 28/06/2016 | 29/06/2016 | French | |
| Full model | 31/12/2014 | 29/06/2015 | 01/07/2015 | French | |
| Full model | 31/12/2013 | 11/06/2014 | 13/06/2014 | French | |
| Full model | 31/12/2012 | 19/06/2013 | 20/06/2013 | French | |
| Full model | 31/12/2011 | 20/06/2012 | 25/06/2012 | French | |
| Full model | 31/12/2010 | 24/06/2011 | 06/07/2011 | French | |
| Full model | 31/12/2009 | 22/06/2010 | 15/07/2010 | French | |
| Full model | 31/12/2008 | 26/06/2009 | 17/07/2009 | French | |
| Full model | 31/12/2007 | 18/06/2008 | 23/06/2008 | French | |
| Full model | 31/12/2006 | 26/06/2007 | 24/07/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 M€ and 250 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.
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 31/12/2025 · 10 active · 138 ended
Active mandates
GABY VERSTRAETE
ActiveBERTRAND DEMONCEAU
ActiveDAVID DE BRABANT
ActiveDEBORAH GERADON
ActiveFRANK WILRYCX
ActiveGREGORY DEMAL
ActiveLIES LARIDON
ActiveTHIERRY HARDY
ActiveVALTER POLESE
ActiveWALTER MILITELLO
ActiveEnded mandates
DAVID DE BRABANT
EndedBERTRAND DEMONCEAU
EndedGABY VERSTRAETE
EndedGREGORY DEMAL
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other20/03/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
- Other20/03/2024STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
- Mandates02/06/2023DEMISSIONS, NOMINATIONS
- Mandates27/04/2023DEMISSIONS, NOMINATIONS
- Mandates19/05/2021ONTSLAGEN - BENOEMINGEN
- Mandates19/05/2021DEMISSIONS, NOMINATIONS
- Other26/03/2019STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Other26/03/2019STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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
- 2025Annual accounts 202523,8 M €↑
- 2024Annual accounts 20242,4 M €↑
- 2023Annual accounts 20232,2 M €↑
- 2022Annual accounts 2022-2,7 M €↓
- 17/11/2022nominationGrégory Demal — administrateur
- 22/06/2022nomination3R, Leboutte & Co — Commissaire-réviseur
- 2021Annual accounts 20214,4 M €↑
- 02/06/2021nominationEric De Keyser — membre du Conseil d'administration
- 2020Annual accounts 20201,9 M €↑
- 2019Annual accounts 2019967 k €↓
- 2018Annual accounts 20189,5 M €↓
- 2017Annual accounts 201711,7 M €↑
- 2016Annual accounts 201611,5 M €↑
- 2015Annual accounts 20154,5 M €↓
- 2014Annual accounts 201411,3 M €↓
- 2013Annual accounts 201318,2 M €↓
- 2012Annual accounts 201226,7 M €↑
- 2011Annual accounts 201120,5 M €↑
- 2010Annual accounts 201013,4 M €↑
- 2009Annual accounts 20099,6 M €↑
- 2008Annual accounts 20085,1 M €
- 22/07/1978IncorporationCooperative company with limited liability