ACTIVE

Endeco

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Financial year 2025 · Closed on 31/12/2025

Net result458,1 k €-33,9 %over 1 year

Gross margin3,2 M €-8,1 %over 1 year

Equity4,4 M €+11,6 %over 1 year

Workforce36,6 ETP-5,9 %over 1 year

Identity

Source · BCE/KBO

Endeco is a Public limited company incorporated in 1963. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Wavre. It employs on average 36,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0400.361.263
Incorporation: 01/01/1963
Legal form: Public limited company
Registered office: Rue de l'Industrie 6
1301 Wavre · WallonieSee on map
Contributed capital: 632 128,49 €
Latest accounts: 31/12/2025
Average workforce: 36,6 ETP

Activities (NACE)

43230Electrical, plumbing and other construction installation activities· main 43291Other construction installation 45320Retail trade of motor vehicle parts and accessories 45410Sale, maintenance and repair of motorcycles and related parts and accessories 46190Agents involved in the sale of a variety of goods 46190Agents involved in the sale of a variety of goods+2

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	3,2 M €	-8.1%	3,5 M €	-11.8%	3,9 M €		–		–
EBITDA	810,1 k €	-30.1%	1,2 M €	-16.5%	1,4 M €	+21.4%	1,1 M €	+53.1%	746,8 k €
Operating result	683,8 k €	-34.4%	1 M €	-16.7%	1,3 M €	+19.5%	1 M €	+62.2%	645,4 k €
Net result	458,1 k €	-33.9%	692,7 k €	-22.9%	898,8 k €	+43.4%	626,8 k €	+39.0%	451,1 k €
Balance sheet
Equity	4,4 M €	+11.6%	3,9 M €	+21.4%	3,2 M €	+38.4%	2,3 M €	+36.6%	1,7 M €
Total assets	6,4 M €	+13.0%	5,7 M €	-0.5%	5,7 M €	+27.1%	4,5 M €	+8.7%	4,1 M €
Cash	1,6 M €	+15.6%	1,4 M €	-7.4%	1,5 M €	+30.8%	1,2 M €	+208%	382,2 k €
Debts	1,9 M €	+18.0%	1,6 M €	-30.5%	2,3 M €	+15.5%	2 M €	-11.6%	2,2 M €
Other
Workforce	36,6 ETP	-5.9%	38,9 ETP	-10.4%	43,4 ETP	+0.2%	43,3 ETP	-0.5%	43,5 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

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alain LEBLICQ	Directorsince 21/01/2005Managing director21/01/2005 → 2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Claudine BIDOUL	Director02/01/2007 → 2016 accounts
Didier PIETTEUR	Managing director16/12/1996 → 2006 accounts

Other companies at this address

Rue de l'Industrie 6 1301 Wavre

Company	CBE no.
ENDECO/RINALDI/TDGI● Active	0670.476.272
Global Finishing Group● Active	1021.291.719
PRM PARACHEVEMENTS● Active	1038.288.790

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged 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	29/06/2026	30/07/2025	28/06/2024	31/08/2023	26/08/2022	23/08/2021
General meeting	05/06/2026	30/06/2025	17/06/2024	21/06/2023	15/06/2022	15/06/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	29/06/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	30/07/2025	French	PDF
Abridged model	31/12/2023	17/06/2024	28/06/2024	French	PDF
Full model	31/12/2022	21/06/2023	31/08/2023	French	PDF
Full model	31/12/2021	15/06/2022	26/08/2022	French	PDF
Full model	31/12/2020	15/06/2021	23/08/2021	French	PDF
Full model	31/12/2019	15/06/2020	30/07/2020	French	PDF
Full model	31/12/2018	14/06/2019	30/08/2019	French	PDF
Full model	31/12/2017	18/06/2018	31/08/2018	French	PDF
Full model	31/12/2016	19/06/2017	30/08/2017	French	PDF
Full model	31/12/2015	20/06/2016	31/08/2016	French	PDF
Full model	31/12/2014	15/06/2015	29/08/2015	French	PDF
Full model	31/12/2013	16/06/2014	30/09/2014	French	PDF
Full model	31/12/2012	17/06/2013	28/06/2013	French	PDF
Full model	31/12/2011	18/06/2012	19/06/2012	French	PDF
Full model	31/12/2010	20/06/2011	07/07/2011	French	PDF
Full model	31/12/2009	21/06/2010	22/08/2010	French	PDF
Full model	31/12/2008	15/06/2009	02/07/2009	French	PDF
Full model	31/12/2007	16/06/2008	26/08/2008	French	PDF
Full model	31/12/2006	06/03/2007	02/08/2007	French	PDF

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

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alain LEBLICQ	Directorsince 21/01/2005Managing director21/01/2005 → 2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Claudine BIDOUL	Director02/01/2007 → 2016 accounts
Didier PIETTEUR	Managing director16/12/1996 → 2006 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates25/03/2024
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates06/07/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates27/05/2011
DEMISSIONS, NOMINATIONS
PDF
Mandates21/06/2007
DEMISSIONS, NOMINATIONS
PDF
Mandates07/03/2005
DEMISSIONS, NOMINATIONS
PDF
Mandates16/02/2005
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

Incorporation1963

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Alain LEBLICQ

Claudine BIDOUL

IMMONGENA

Didier PIETTEUR

1966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Endeco

Rue de l'Industrie 6, 1300 WavreRue de l'Industrie 6, 1301 Bierges

DirectorManaging director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de l'Industrie 6, 1301 BiergesCurrent		CBE
Rue de l'Industrie 6, 1300 Wavre	accounts 2023 → 2025	Accounts 2025 · 2026-00213798
Rue de l'Industrie 6, 1301 Bierges	accounts 2021 → 2022	Accounts 2022 · 2023-00424706

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
EndecoCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00213798

Events

2025
Annual accounts 2025458,1 k €↓
2024
Annual accounts 2024692,7 k €↓
2023
Annual accounts 2023898,8 k €↑
2022
Annual accounts 2022626,8 k €↑
2021
Annual accounts 2021451,1 k €↑
2020
Annual accounts 2020306,7 k €↑
2019
Annual accounts 201915,6 k €↓
2018
Annual accounts 201834,9 k €↓
2017
Annual accounts 201749,7 k €↑
2016
Annual accounts 2016-6,2 k €↓
2015
Annual accounts 20151,2 k €↓
2014
Annual accounts 2014232,6 k €↑
2013
Annual accounts 2013-179 k €↓
2012
Annual accounts 2012-14,1 k €↓
2011
Annual accounts 20113,6 k €↓
2010
Annual accounts 2010106,1 k €↑
2009
Annual accounts 200911,2 k €↓
2008
Annual accounts 200820,3 k €↓
2007
Annual accounts 200737,3 k €↓
2006
Annual accounts 200686,1 k €
01/01/1963
IncorporationPublic limited company

Endeco

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

Registered offices

Company names

Events