ACTIVE

ECETIA INTERCOMMUNALE

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Financial year 2025 · Closed on 31/12/2025

Net result547,4 k €-13,9 %over 1 year
Revenue2,9 M €-1,2 %over 1 year
Equity53,8 M €+3,0 %over 1 year
Workforce9,9 ETP+13,8 %over 1 year

Identity

Source · BCE/KBO

ECETIA INTERCOMMUNALE is a Cooperative society incorporated in 1985. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Liège. It employs on average 9,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0227.486.477
Incorporation
28/05/1985
Legal form
Cooperative society
Registered office
Rue du Vertbois 11
4000 Liège · WallonieSee on map
Contributed capital
778 200,25 €
Latest accounts
31/12/2025
Average workforce
9,9 ETP
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue2,9 M €2,9 M €––3 M €
EBITDA574,1 k €763,3 k €307,9 k €2,8 M €1,7 M €
Operating result-252,2 k €-112,9 k €-469,4 k €889 k €-311,9 k €
Net result547,4 k €635,9 k €266 k €4 M €111,4 k €
Balance sheet
Equity53,8 M €52,2 M €51,6 M €49,8 M €49,1 M €
Total assets57,5 M €56,8 M €62,4 M €77 M €78 M €
Cash1,5 M €2,7 M €2,4 M €19,2 M €7 M €
Debts3,1 M €3,7 M €9,6 M €27 M €27,9 M €
Other
Workforce9,9 ETP8,7 ETP9,6 ETP8,5 ETP9,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

23 active · 39 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Christophe Demoulin
Vice-chairman of the board of directors16/09/2025 → 24/06/2031
Fabrice Merola
Director01/07/2025 → 24/06/2031
Natacha Mossoux
Director25/06/2019 → 24/06/2031
Aurélie Kaye
Director24/06/2025 → 24/06/2031
Caroline Saal
Director24/06/2025 → 24/06/2031
Grégory Crotteux
Director24/06/2025 → 24/06/2031
Henri Christophe
Director24/06/2025 → 24/06/2031Vice-chairman of the board of directors26/06/2018 → 24/06/2025
Justine Robert
Director24/06/2025 → 24/06/2031
Laurence Jamagne
Director24/06/2025 → 24/06/2031
Luc Delvaux
Director22/03/2018 → 24/06/2031
Philippe Dubois
Director25/06/2013 → 24/06/2031
Pierre Georis
Director24/06/2025 → 24/06/2031
Pol Hartog
Director24/06/2025 → 24/06/2031
Romane Raxhon
Director24/06/2025 → 24/06/2031
Stéphane Ochendzan
Chairman of the board of directors14/01/2025 → 24/06/2031
Laura Crapanzano
Director11/02/2025 → 24/06/2025
Jonida Shaljani
Director14/01/2025 → 24/06/2025
Martine Lejeune
Director14/01/2025 → 24/06/2025
Jessica Mayon
Director18/01/2022 → 24/06/2025
Salvatore Gagliardo
Director25/06/2019 → 24/06/2025
Sarah El Hasnaoui
Director01/02/2019 → 24/06/2025
Philippe Grosjean
Director06/07/2017 → 24/06/2025
Valter Polese
Director25/06/2013 → 24/06/2025

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Franco Ianieri
Chairman of the board of directors01/07/2022 → 2024 accounts
Layla Bouazza
Director05/11/2019 → 2024 accounts

Other companies at this address

Rue du Vertbois 11 4000 Liège
CompanyCBE no.
BROCKAERT Comptabilité SCS● Active
0687.731.087
ECETIA FINANCES● Active
0203.978.726
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
SOCIETE DE DEVELOPPEMENT DE LIEGE GUILLEMINS● Active
0450.994.372
SOCIETE DE RENOVATION ET D'ASSAINISSEMENT DES SITES INDUSTRIELS● Active
0435.532.572
SOCIETE LIEGEOISE DE GESTION FONCIERE● Active
0873.260.316
SPI● Active
0204.259.135
T4T● Active
0799.844.974
Unité Ecetia● Active
0777.981.075

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelFull modelFull model
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 date06/08/202623/10/202510/07/202428/06/202304/07/202213/07/2021
General meeting23/06/202624/06/202525/06/202427/06/202328/06/202222/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202523/06/202606/08/2026FrenchPDF
Abridged model31/12/202424/06/202523/10/2025FrenchPDF
Abridged model31/12/202325/06/202410/07/2024FrenchPDF
Abridged model31/12/202227/06/202328/06/2023FrenchPDF
Full model31/12/202128/06/202204/07/2022FrenchPDF
Full model31/12/202022/06/202113/07/2021FrenchPDF
Full model31/12/201923/06/202022/07/2020FrenchPDF
Full model31/12/201825/06/201922/07/2019FrenchPDF
Full model31/12/201726/06/201817/07/2018FrenchPDF
Full model31/12/201627/06/201728/06/2017FrenchPDF
Full model31/12/201528/06/201627/07/2016FrenchPDF
Full model31/12/201423/06/201510/07/2015FrenchPDF
Full model31/12/201324/06/201411/07/2014FrenchPDF
Full model31/12/201225/06/201304/07/2013FrenchPDF
Full model31/12/201126/06/201220/07/2012FrenchPDF
Full model31/12/201028/06/201119/07/2011FrenchPDF
Full model31/12/200922/06/201009/07/2010FrenchPDF
Full model31/12/200816/06/200918/06/2009FrenchPDF
Full model31/12/200724/06/200828/07/2008FrenchPDF
Full model31/12/200629/06/200730/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

23 active · 39 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Christophe Demoulin
Vice-chairman of the board of directors16/09/2025 → 24/06/2031
Fabrice Merola
Director01/07/2025 → 24/06/2031
Natacha Mossoux
Director25/06/2019 → 24/06/2031
Aurélie Kaye
Director24/06/2025 → 24/06/2031
Caroline Saal
Director24/06/2025 → 24/06/2031
Grégory Crotteux
Director24/06/2025 → 24/06/2031
Henri Christophe
Director24/06/2025 → 24/06/2031Vice-chairman of the board of directors26/06/2018 → 24/06/2025
Justine Robert
Director24/06/2025 → 24/06/2031
Laurence Jamagne
Director24/06/2025 → 24/06/2031
Luc Delvaux
Director22/03/2018 → 24/06/2031
Philippe Dubois
Director25/06/2013 → 24/06/2031
Pierre Georis
Director24/06/2025 → 24/06/2031
Pol Hartog
Director24/06/2025 → 24/06/2031
Romane Raxhon
Director24/06/2025 → 24/06/2031
Stéphane Ochendzan
Chairman of the board of directors14/01/2025 → 24/06/2031
Laura Crapanzano
Director11/02/2025 → 24/06/2025
Jonida Shaljani
Director14/01/2025 → 24/06/2025
Martine Lejeune
Director14/01/2025 → 24/06/2025
Jessica Mayon
Director18/01/2022 → 24/06/2025
Salvatore Gagliardo
Director25/06/2019 → 24/06/2025
Sarah El Hasnaoui
Director01/02/2019 → 24/06/2025
Philippe Grosjean
Director06/07/2017 → 24/06/2025
Valter Polese
Director25/06/2013 → 24/06/2025

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Franco Ianieri
Chairman of the board of directors01/07/2022 → 2024 accounts
Layla Bouazza
Director05/11/2019 → 2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates13/02/2026
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/08/2025
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/02/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/09/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Other27/12/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - OBJET - ASSEMBLEE GENERALE
    PDF
  • Mandates18/05/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Other20/07/2018
    OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
Christophe Demoulin
Natacha Mossoux
Fabrice Merola
Stéphane Ochendzan
Romane Raxhon
Luc Delvaux
Justine Robert
Aurélie Kaye
Laurence Jamagne
Philippe Dubois
Pierre Georis
Grégory Crotteux
19851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
ECETIA INTERCOMMUNALEECETIA INTERCOMMUNALE
Rue du Vertbois 11, 4000 LiègeRue Sainte-Marie 5, 4000 Liège
Vice-chairman of the board of directors
Director
Director
Chairman of the board of directors
Director
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue du Vertbois 11, 4000 LiègeCurrent
accounts 2025
Accounts 2025 · 2026-00391167
Rue Sainte-Marie 5, 4000 Liège
accounts 2021 → 2024
Accounts 2024 · 2025-00550543

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ECETIA INTERCOMMUNALECurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00391167
Ecetia Intercommunale SC
accounts 2023
Accounts 2023 · 2024-00258898
ECETIA INTERCOMMUNALE
accounts 2021 → 2022
Accounts 2022 · 2023-00195002

Events

  1. 2025
    Annual accounts 2025547,4 k €↓
  2. 02/12/2025
    nominationLuc DELVAUX · administrateur
  3. 02/12/2025
    nominationNatacha MOSSOUX · administratrice
  4. 02/12/2025
    nominationCaroline SAAL · administratrice
  5. 02/12/2025
    nominationFabrice MEROLA · administrateur
  6. 16/09/2025
    nominationChristophe DEMOULIN · administrateur et vice-président du Conseil d'administration
  7. 24/06/2025
    nominationAurélie KAYE · administrateur
  8. 24/06/2025
    nominationJustine ROBERT · administrateur
  9. 24/06/2025
    nominationRomane RAHXON · administrateur
  10. 24/06/2025
    nominationLaurence JAMAGNE · administrateur
  11. 24/06/2025
    nominationStéphane OCHENDZAN · administrateur
  12. 24/06/2025
    nominationHenri CHRISTOPHE · administrateur
  13. 24/06/2025
    nominationPhilippe DUBOIS · administrateur
  14. 24/06/2025
    nominationChristophe DEMOULIN · administrateur
  15. 24/06/2025
    nominationGrégory CROTTEUX · administrateur
  16. 24/06/2025
    nominationPierre GEORIS · administrateur
  17. 24/06/2025
    nominationFabrice MEROLA · administrateur
  18. 24/06/2025
    nominationPol HARTOG · administrateur
  19. 11/02/2025
    nominationLaura CRAPANZANO · administratrice
  20. 03/02/2025
    nominationJonida SHALJANI · administratrice
  21. 14/01/2025
    nominationStéphane OCHENDZAN · Président du Conseil d'administration
  22. 14/01/2025
    nominationMartine LEJEUNE · administratrice
  23. 2024
    Annual accounts 2024635,9 k €↑
  24. 2024
    Name changeECETIA INTERCOMMUNALE
  25. 2023
    Annual accounts 2023266 k €↓
  26. 2023
    Name changeEcetia Intercommunale SC
  27. 2022
    Annual accounts 20224 M €↑
  28. 01/07/2022
    nominationFranco IANIERI · administrateur
  29. 28/06/2022
    nominationJean NICOLET · commissaire
  30. 18/01/2022
    nominationJessica MAYON · administratrice
  31. 2021
    Annual accounts 2021111,4 k €↓
  32. 2020
    Annual accounts 2020224,1 k €↓
  33. 2019
    Annual accounts 2019521,2 k €↑
  34. 2018
    Annual accounts 2018491,7 k €↓
  35. 2017
    Annual accounts 2017692,6 k €↑
  36. 2016
    Annual accounts 2016599,6 k €↓
  37. 2015
    Annual accounts 20151,5 M €↓
  38. 2014
    Annual accounts 20144,4 M €↓
  39. 2013
    Annual accounts 201334,6 M €↑
  40. 2012
    Annual accounts 20121,2 M €↑
  41. 2011
    Annual accounts 2011-8,3 M €↓
  42. 2010
    Annual accounts 20102,3 M €↑
  43. 2009
    Annual accounts 2009-4,7 M €↓
  44. 2008
    Annual accounts 2008-386,5 k €
  45. 28/05/1985
    IncorporationCooperative society