ACTIVE

OPERATEUR DE TRANSPORT DE WALLONIE

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Financial year 2025 · Closed on 31/12/2025

Net result4,9 M €+293,5 %over 1 year

Revenue66,4 M €-49,6 %over 1 year

Equity877,2 M €+12,2 %over 1 year

Workforce6 183,2 ETP+9,2 %over 1 year

Identity

Source · BCE/KBO

OPERATEUR DE TRANSPORT DE WALLONIE is a company registered in Belgium. Its main activity is: Urban and suburban passenger land transport. Its registered office is in Namur. It employs on average 6 183,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0242.069.339
Incorporation: 21/12/1989
Registered office: Avenue Gouverneur Bovesse(JB) 96
5100 Namur · WallonieSee on map
Contributed capital: 13 955 000,00 €
Latest accounts: 31/12/2025
Average workforce: 6 183,2 ETP

Activities (NACE)

49310Urban and suburban passenger land transport· main 49310Urban and suburban passenger land transport 45202Maintenance and repair of motor vehicles 95312Repair of computers and personal and household goods

Joint committees (2)

328
32802

Contacts

4 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 33 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	66,4 M €	-49.6%	131,8 M €	+7.9%	122,1 M €	+21.8%	100,2 M €	+30.2%	77 M €
EBITDA	50,6 M €	+61.1%	31,4 M €	+2.7%	30,6 M €	-8.0%	33,2 M €	-7.0%	35,7 M €
Operating result	-31,9 M €	+8.7%	-35 M €	+6.1%	-37,2 M €	-21.0%	-30,8 M €	-11.6%	-27,6 M €
Net result	4,9 M €	+294%	-2,5 M €	+72.7%	-9,2 M €	+21.7%	-11,8 M €	+17.8%	-14,3 M €
Balance sheet
Equity	877,2 M €	+12.2%	782,1 M €	+14.3%	684,2 M €	+8.3%	631,9 M €	+68.2%	375,7 M €
Total assets	1,9 Md €	+42.9%	1,3 Md €	+0.2%	1,3 Md €	+6.0%	1,3 Md €	+34.5%	937,9 M €
Cash	219,9 M €	+102%	109 M €	-40.9%	184,5 M €	+85.4%	99,5 M €	-37.5%	159,2 M €
Debts	993,1 M €	+92.7%	515,3 M €	-14.3%	601,4 M €	+7.5%	559,6 M €	+13.1%	494,9 M €
Other
Workforce	6 183,2 ETP	+9.2%	5 660,7 ETP	+2.3%	5 535,4 ETP	+2.6%	5 397,1 ETP	-0.2%	5 409,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

19 active · 205 ended

Active mandates

André VAN DEUREN

Director · since 18 septembre 2025 · until 17 septembre 2030

Active

Carole JANSSENS

Director · since 01 juin 2025 · until 31 mai 2030

Active

Dimitri DELECAUT

Director · since 01 juin 2025 · until 31 mai 2030

Active

Fabienne WINCKEL

Director · since 01 juin 2025 · until 31 mai 2030

Active

Gianni TABBONE

Director · since 01 juin 2025 · until 31 mai 2030

Active

Henry-Jean GATHON

Director · since 01 juin 2025 · until 31 mai 2030

Active

Hervé RIGOT

Director · since 01 juin 2025 · until 31 mai 2030

Active

Margaux LEONARD

Director · since 01 juin 2025 · until 31 mai 2030

Active

Nicolas MARTIN

Director · since 01 juin 2025 · until 31 mai 2030

Active

Omer LALOUX

Chairman of the board of directors · since 01 juin 2025 · until 31 mai 2030

Active

Ronny BALCAEN

Director · since 01 juin 2025 · until 31 mai 2030

Active

Zoé ISTAZ

Director · since 01 juin 2025 · until 31 mai 2030

Active

Frédéric MAGHE

Vice-chairman of the board of directors · since 01 mars 2025 · until 31 mai 2030

Active

Thierry MAILLEUX

Government commissioner · since 29 août 2024 · until 08 novembre 2028

Active

Carole GHIOT

Director · since 09 novembre 2023 · until 08 novembre 2028

Active

Sandrine DUVIVIER

Director · since 09 novembre 2023 · until 08 novembre 2028

Active

Simon LACROIX

Government commissioner · since 29 août 2023 · until 08 novembre 2028

Active

Jean-Michel SOORS

Administrateur Général · since 01 février 2023

Active

Vincent URBAIN

Administrateur Général Adjoint · since 01 janvier 2019

Active

Ended mandates

Simon LACROIX

Government commissioner · since 29 août 2024 · until 08 novembre 2028

Ended

André VAN DEUREN

Director · since 09 novembre 2023 · until 08 novembre 2028

Ended

Antoine GRUSELIN

Director · since 09 novembre 2023 · until 01 mars 2025

Ended

Antoine GRUSELIN

Director · since 09 novembre 2023 · until 08 novembre 2028

Ended

Other companies at this address

Avenue Gouverneur Bovesse(JB) 96 5100 Namur

Company	CBE no.
FONDS MUTUEL DU TRANSPORT URBAIN ET REGIONAL WALLON● Active	0462.895.579

Full financial information

Source · NBB

	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	11/06/2026	16/06/2025	17/06/2024	21/06/2023	10/06/2022	17/06/2021
General meeting	10/06/2026	11/06/2025	12/06/2024	14/06/2023	08/06/2022	09/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 33 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	10/06/2026	11/06/2026	French	PDF
Full model	31/12/2024	11/06/2025	16/06/2025	French	PDF
Full model	31/12/2023	12/06/2024	17/06/2024	French	PDF
Full model	31/12/2022	14/06/2023	21/06/2023	French	PDF
Full model	31/12/2021	08/06/2022	10/06/2022	French	PDF
Full model	31/12/2020	09/06/2021	17/06/2021	French	PDF
Full model	31/12/2019	02/09/2020	16/09/2020	French	PDF
Full model	31/12/2018	19/06/2019	28/06/2019	French	PDF
Consolidated accounts	31/12/2018	19/06/2019	25/06/2019	French	PDF
Full model	31/12/2017	13/06/2018	26/06/2018	French	PDF
Consolidated accounts	31/12/2017	13/06/2018	27/06/2018	French	PDF
Full model	31/12/2016	14/06/2017	27/06/2017	French	PDF
Consolidated accounts	31/12/2016	14/06/2017	28/06/2017	French	PDF
Full model	31/12/2015	08/06/2016	20/06/2016	French	PDF
Consolidated accounts	31/12/2015	08/06/2016	22/06/2016	French	PDF
Full model	31/12/2014	10/06/2015	15/06/2015	French	PDF
Consolidated accounts	31/12/2014	10/06/2015	15/06/2015	French	PDF
Full model	31/12/2013	11/06/2014	17/06/2014	French	PDF
Consolidated accounts	31/12/2013	11/06/2014	17/06/2014	French	PDF
Full model	31/12/2012	12/06/2013	27/06/2013	French	PDF
Consolidated accounts	31/12/2012	12/06/2013	27/06/2013	French	PDF
Full model	31/12/2011	13/06/2012	09/07/2012	French	PDF
Consolidated accounts	31/12/2011	13/06/2012	09/07/2012	French	PDF
Full model	31/12/2010	08/06/2011	06/07/2011	French	PDF

View all 33 filings

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.

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

19 active · 205 ended

Active mandates

André VAN DEUREN

Director · since 18 septembre 2025 · until 17 septembre 2030

Active

Carole JANSSENS

Director · since 01 juin 2025 · until 31 mai 2030

Active

Dimitri DELECAUT

Director · since 01 juin 2025 · until 31 mai 2030

Active

Fabienne WINCKEL

Director · since 01 juin 2025 · until 31 mai 2030

Active

Gianni TABBONE

Director · since 01 juin 2025 · until 31 mai 2030

Active

Henry-Jean GATHON

Director · since 01 juin 2025 · until 31 mai 2030

Active

Hervé RIGOT

Director · since 01 juin 2025 · until 31 mai 2030

Active

Margaux LEONARD

Director · since 01 juin 2025 · until 31 mai 2030

Active

Nicolas MARTIN

Director · since 01 juin 2025 · until 31 mai 2030

Active

Omer LALOUX

Chairman of the board of directors · since 01 juin 2025 · until 31 mai 2030

Active

Ronny BALCAEN

Director · since 01 juin 2025 · until 31 mai 2030

Active

Zoé ISTAZ

Director · since 01 juin 2025 · until 31 mai 2030

Active

Frédéric MAGHE

Vice-chairman of the board of directors · since 01 mars 2025 · until 31 mai 2030

Active

Thierry MAILLEUX

Government commissioner · since 29 août 2024 · until 08 novembre 2028

Active

Carole GHIOT

Director · since 09 novembre 2023 · until 08 novembre 2028

Active

Sandrine DUVIVIER

Director · since 09 novembre 2023 · until 08 novembre 2028

Active

Simon LACROIX

Government commissioner · since 29 août 2023 · until 08 novembre 2028

Active

Jean-Michel SOORS

Administrateur Général · since 01 février 2023

Active

Vincent URBAIN

Administrateur Général Adjoint · since 01 janvier 2019

Active

Ended mandates

Simon LACROIX

Government commissioner · since 29 août 2024 · until 08 novembre 2028

Ended

André VAN DEUREN

Director · since 09 novembre 2023 · until 08 novembre 2028

Ended

Antoine GRUSELIN

Director · since 09 novembre 2023 · until 01 mars 2025

Ended

Antoine GRUSELIN

Director · since 09 novembre 2023 · until 08 novembre 2028

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/02/2026
DEMISSIONS, NOMINATIONS
PDF
Capital / shares22/10/2025
CAPITAL, ACTIONS
PDF
Mandates06/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates07/03/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates07/03/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates26/01/2024
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates29/12/2023
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Restructuring11/07/2018
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 20254,9 M €↑
2024
Annual accounts 2024-2,5 M €↑
29/08/2024
nominationSimon LACROIX — Commissaire
29/08/2024
nominationThierry MAILLEUX — Commissaire
2023
Annual accounts 2023-9,2 M €↑
2022
Annual accounts 2022-11,8 M €↑
2021
Annual accounts 2021-14,3 M €↓
2020
Annual accounts 20202,9 M €↓
2019
Annual accounts 201933,4 M €↑
2018
Annual accounts 2018-924,4 k €↓
2017
Annual accounts 201799 k €↓
2017
Name changeOPERATEUR DE TRANSPORT DE WALLONIE
2016
Annual accounts 20161,7 M €↑
2015
Annual accounts 2015838,1 k €↑
2014
Annual accounts 2014-1,3 M €↓
2013
Annual accounts 2013-345,3 k €↑
2012
Annual accounts 2012-443,6 k €↓
2011
Annual accounts 2011156,1 k €↑
2010
Annual accounts 2010-1,5 M €↓
2009
Annual accounts 2009-1,1 M €↓
2008
Annual accounts 2008587,6 k €↓
2007
Annual accounts 20071,2 M €↑
2006
Annual accounts 2006219 k €
2006
Name changeSOCIETE REGIONALE WALLONNE DU TRANSPORT
21/12/1989
Incorporation

OPERATEUR DE TRANSPORT DE WALLONIE

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline