ACTIVE

Etablissements Glorieux

Financial year 2025 · Closed on 31/12/2025

Net result1,4 M €+24,7 %over 1 year
Revenue33 M €-5,9 %over 1 year
Equity9,5 M €+0,6 %over 1 year
Workforce45,5 ETP-3,4 %over 1 year

Identity

Source · BCE/KBO

Etablissements Glorieux is a Public limited company incorporated in 1968. Its registered office is in Tournai. It employs on average 45,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0401.241.290
Incorporation
01/01/1968
Legal form
Public limited company
Registered office
Rue du Bois des Hospices(BL) 1
7522 Tournai · WallonieSee on map
Contributed capital
193 600,00 €
Latest accounts
31/12/2025
Average workforce
45,5 ETP
Joint committees (4)
  • 116
  • 14202
  • 207
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue33 M €35,1 M €37 M €35,6 M €30,2 M €
EBITDA2,8 M €2,4 M €3,5 M €3,5 M €2,2 M €
Operating result1,9 M €1,6 M €2,7 M €2,5 M €2,1 M €
Net result1,4 M €1,1 M €2 M €1,6 M €1,6 M €
Balance sheet
Equity9,5 M €9,4 M €9,9 M €10,1 M €10,5 M €
Total assets20,5 M €20,8 M €20,9 M €26,6 M €26,4 M €
Cash367 k €8,9 M €7,3 M €11,1 M €9,4 M €
Debts10,8 M €11 M €10,5 M €16,1 M €15,5 M €
Other
Workforce45,5 ETP47,1 ETP47,5 ETP49,8 ETP46,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 32 ended

Active mandates

Alberto GRAU GARCIA-TERAN

Director · since 11 mai 2024 · until 13 mai 2028

Active
George TARRATT

Director · since 11 mai 2024 · until 13 mai 2028

Active
People Centric

Managing director · since 11 mai 2024 · until 13 mai 2028 · 0836.899.271

Represented by Hugues ROBERT

Active
Werner MEULEMAN

Director · since 11 mai 2024 · until 13 mai 2028

Active

Ended mandates

George TARRATT

Director · since 01 janvier 2022 · until 11 mai 2024

Ended
People Centric

Managing director · since 10 mars 2021 · until 11 mai 2024 · 0836.899.271

Represented by Hugues ROBERT

Ended
People Centric

Managing director · since 10 mars 2021 · until 11 mai 2024 · 0836.899.271

Represented by Hugues ROBERT

Ended
People Centric

Managing director · since 10 mars 2021 · until 11 mai 2024 · 0836.899.271

Represented by Hugues ROBERT

Ended

Other companies at this address

Rue du Bois des Hospices(BL) 1 7522 Tournai
CompanyCBE no.
ITL BELGIUM● Active
0662.957.980
0756.808.450

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull 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 date09/06/202625/06/202527/05/202430/05/202327/06/202225/06/2021
General meeting09/05/202610/05/202511/05/202413/05/202314/05/202208/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202509/05/202609/06/2026FrenchPDF
Full model31/12/202410/05/202525/06/2025FrenchPDF
Full model31/12/202311/05/202427/05/2024FrenchPDF
Full model31/12/202213/05/202330/05/2023FrenchPDF
Full model31/12/202114/05/202227/06/2022FrenchPDF
Full model31/12/202008/05/202125/06/2021FrenchPDF
Full model31/12/201909/05/202025/05/2020FrenchPDF
Full modelCorrection31/12/201811/05/201915/11/2019FrenchPDF
Full model31/12/201811/05/201903/07/2019FrenchPDF
Full model31/12/201725/05/201812/06/2018FrenchPDF
Full model31/12/201626/05/201727/07/2017FrenchPDF
Full model31/12/201514/05/201623/06/2016FrenchPDF
Full model31/12/201409/05/201530/06/2015FrenchPDF
Full model31/12/201330/04/201413/06/2014FrenchPDF
Full model31/12/201201/06/201320/06/2013FrenchPDF
Full model31/12/201112/05/201222/05/2012FrenchPDF
Full model31/12/201024/06/201112/07/2011FrenchPDF
Full model31/12/200908/05/201007/06/2010FrenchPDF
Full model31/12/200809/05/200914/05/2009FrenchPDF
Full model31/12/200710/05/200819/05/2008FrenchPDF
Full model31/12/200612/05/200729/05/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

4 active · 32 ended

Active mandates

Alberto GRAU GARCIA-TERAN

Director · since 11 mai 2024 · until 13 mai 2028

Active
George TARRATT

Director · since 11 mai 2024 · until 13 mai 2028

Active
People Centric

Managing director · since 11 mai 2024 · until 13 mai 2028 · 0836.899.271

Represented by Hugues ROBERT

Active
Werner MEULEMAN

Director · since 11 mai 2024 · until 13 mai 2028

Active

Ended mandates

George TARRATT

Director · since 01 janvier 2022 · until 11 mai 2024

Ended
People Centric

Managing director · since 10 mars 2021 · until 11 mai 2024 · 0836.899.271

Represented by Hugues ROBERT

Ended
People Centric

Managing director · since 10 mars 2021 · until 11 mai 2024 · 0836.899.271

Represented by Hugues ROBERT

Ended
People Centric

Managing director · since 10 mars 2021 · until 11 mai 2024 · 0836.899.271

Represented by Hugues ROBERT

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other03/09/2026
    Extraits du procès-verbal de l'assemblée générale extraordinaire du
    PDF
  • Other02/09/2026
    Extraits du procès-verbal de l'assemblée générale ordinaire du 9/05/2026
    PDF
  • Mandates30/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/02/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/03/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares24/03/2022
    CAPITAL, ACTIONS
    PDF
  • Restructuring07/02/2022
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring08/12/2021
    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

  1. 2025
    Annual accounts 20251,4 M €↑
  2. 2024
    Annual accounts 20241,1 M €↓
  3. 2023
    Annual accounts 20232 M €↑
  4. 2022
    Annual accounts 20221,6 M €↑
  5. 2021
    Annual accounts 20211,6 M €↓
  6. 2020
    Annual accounts 20202,6 M €↑
  7. 2019
    Annual accounts 20192,1 M €↓
  8. 2018
    Annual accounts 20183 M €↑
  9. 2017
    Annual accounts 20171,4 M €↓
  10. 2016
    Annual accounts 20161,9 M €↓
  11. 2015
    Annual accounts 20152,6 M €↓
  12. 2014
    Annual accounts 20142,7 M €↑
  13. 2013
    Annual accounts 20132,6 M €↑
  14. 2012
    Annual accounts 20122,1 M €↓
  15. 2011
    Annual accounts 20114,7 M €↑
  16. 2010
    Annual accounts 2010946,4 k €↑
  17. 2009
    Annual accounts 2009429,2 k €↓
  18. 2008
    Annual accounts 2008500,4 k €↑
  19. 2007
    Annual accounts 2007426,5 k €↑
  20. 2006
    Annual accounts 2006308,2 k €
  21. 01/01/1968
    IncorporationPublic limited company