ACTIVE

L'Economie Populaire

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Financial year 2025 · Closed on 31/12/2025

Net result338 k €-87,8 %over 1 year
Revenue172,9 M €+5,0 %over 1 year
Equity14,9 M €-2,7 %over 1 year
Workforce631,4 ETP-0,3 %over 1 year

Identity

Source · BCE/KBO

L'Economie Populaire is a Cooperative society incorporated in 1919. Its registered office is in Ciney. It employs on average 631,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0401.388.176
Incorporation
07/05/1919
Legal form
Cooperative society
Registered office
Rue Edouard Dinot 32
5590 Ciney · WallonieSee on map
Contributed capital
11 550 000,00 €
Latest accounts
31/12/2025
Average workforce
631,4 ETP
Joint committees (1)
  • 313
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 76 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue172,9 M €164,7 M €158,5 M €150,5 M €142,5 M €
EBITDA4,6 M €4,5 M €3,1 M €3,7 M €4 M €
Operating result1,6 M €1,5 M €305,5 k €456,8 k €1,1 M €
Net result338 k €2,8 M €113,3 k €664,5 k €755,9 k €
Balance sheet
Equity14,9 M €15,3 M €13,2 M €13,4 M €13,7 M €
Total assets114,7 M €105,8 M €107,8 M €105,4 M €100,3 M €
Cash3 M €2 M €1,6 M €5,8 M €3,3 M €
Debts99 M €87,8 M €91,4 M €88,1 M €81,7 M €
Other
Workforce631,4 ETP633,3 ETP623,9 ETP602,9 ETP587,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

18 active · 90 ended

Active mandates

Claude ROLIN

Director · since 24 mai 2025 · until 19 décembre 2025

Active
Christian KUNSCH

Chairman of the board of directors · since 16 mai 2025 · until 23 mai 2031

Active
Eric ALBERTUCCIO

Director · since 16 mai 2025 · until 23 mai 2031

Active
Eric SPIESSENS

Director · since 16 mai 2025 · until 23 mai 2031

Active
Frédéric POSSEMIERS

Director · since 16 mai 2025 · until 19 décembre 2025

Active
Hilde DEWOLF

Director · since 16 mai 2025 · until 23 mai 2031

Active
JEAN MARC RICHARD

Director · since 16 mai 2025 · until 23 mai 2031

Active
Michel VANHAEREN

Director · since 16 mai 2025 · until 23 mai 2031

Active
Pierre PHILIPPOT

Director · since 16 mai 2025 · until 23 mai 2031

Active
JEROEN BOGAERTS

Director · since 25 avril 2024 · until 15 mai 2028

Active
Thibauly DEHAES

Managing director · since 20 novembre 2023 · until 15 mai 2029

Active
Régis LANOVE

Director · since 20 mai 2022 · until 15 mai 2028

Active
Marc TINANT

Director · since 21 mai 2021 · until 15 mai 2027

Active
Ariane ESTENNE

Director · since 15 mai 2020 · until 15 mai 2026

Active
Marc BECKER

Director · since 15 mai 2020 · until 15 mai 2026

Active
Pascal PEETERS

Director · since 15 mai 2020 · until 16 mai 2026

Active
Thomas CALANDE

Director · since 15 mai 2020 · until 16 mai 2026

Active
Jean-Nicolas BURNOTTE

Director · since 10 mai 2020 · until 29 mai 2026

Active

Ended mandates

CLAUDE ROLIN

Director · since 24 mai 2025 · until 15 mai 2027

Ended
JEAN MARC RICHARD

Director · since 24 mai 2024 · until 16 mai 2025

Ended
Thibauly DEHAES

Managing director · since 20 novembre 2023

Ended
Pierre PHILIPPOT

Director · since 20 mai 2022 · until 16 mai 2025

Ended

Other companies at this address

Rue Edouard Dinot 32 5590 Ciney
CompanyCBE no.
Familia Real Estate● Active
0402.443.496
NEW FAMILIA● Active
0888.570.082
Pharmacie Coppe● Active
0829.225.086
Pharmacie de la Semois● Active
0431.514.101
Pharmacie DEMANET● Active
0878.190.191
PHARMACIE DU PETIT RY● Active
0844.814.471
PHARMACIE DU PRINCE D'ORANGE● Active
0809.640.192
PHARMACIE DU VALDUC● Active
0462.999.311
PHARMACIE DU XII● Active
0661.724.397
Pharmacie Pirot-Grosjean● Active
0823.006.792
PHARMACIE RENARD● Active
0479.272.941
PHARMACIE SANTIS DES CORETTES● Active
0458.207.313
PHARMACIE THAUVIN● Active
0693.816.452
PHARMA GUILLAUME● Active
0656.563.207
Respectable Vehicle Collectors Club● Active
0419.309.026
SANTIS MARKET● Active
0742.840.549

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 date26/06/202613/06/202504/06/202409/06/202302/11/202222/06/2021
General meeting29/05/202616/05/202524/05/202412/05/202320/05/202221/05/2021
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, 76 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/05/202626/06/2026FrenchPDF
Full model31/12/202416/05/202513/06/2025FrenchPDF
Consolidated accounts31/12/202416/05/202513/06/2025FrenchPDF
Full model31/12/202324/05/202404/06/2024FrenchPDF
Consolidated accounts31/12/202324/05/202404/06/2024FrenchPDF
Full model31/12/202212/05/202309/06/2023FrenchPDF
Consolidated accounts31/12/202212/05/202309/06/2023FrenchPDF
Full modelCorrection31/12/202120/05/202202/11/2022FrenchPDF
Full model31/12/202120/05/202203/08/2022FrenchPDF
Consolidated accounts31/12/202120/05/202203/08/2022FrenchPDF
Full model31/12/202021/05/202122/06/2021FrenchPDF
Consolidated accounts31/12/202021/05/202122/06/2021FrenchPDF
Full model31/12/201915/05/202025/06/2020FrenchPDF
Consolidated accounts31/12/201915/05/202025/06/2020FrenchPDF
Full model31/12/201810/05/201923/05/2019FrenchPDF
Consolidated accounts31/12/201810/05/201923/05/2019FrenchPDF
Full model31/12/201718/05/201825/05/2018FrenchPDF
Consolidated accounts31/12/201718/05/201825/05/2018FrenchPDF
Full model31/12/201619/05/201729/06/2017FrenchPDF
Consolidated accounts31/12/201619/05/201731/07/2017FrenchPDF
Full model31/12/201513/05/201617/08/2016FrenchPDF
Consolidated accounts31/12/201513/05/201602/08/2016FrenchPDF
Full model31/12/201408/05/201523/06/2015FrenchPDF
Consolidated accounts31/12/201408/05/201529/07/2015FrenchPDF

View all 76 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

18 active · 90 ended

Active mandates

Claude ROLIN

Director · since 24 mai 2025 · until 19 décembre 2025

Active
Christian KUNSCH

Chairman of the board of directors · since 16 mai 2025 · until 23 mai 2031

Active
Eric ALBERTUCCIO

Director · since 16 mai 2025 · until 23 mai 2031

Active
Eric SPIESSENS

Director · since 16 mai 2025 · until 23 mai 2031

Active
Frédéric POSSEMIERS

Director · since 16 mai 2025 · until 19 décembre 2025

Active
Hilde DEWOLF

Director · since 16 mai 2025 · until 23 mai 2031

Active
JEAN MARC RICHARD

Director · since 16 mai 2025 · until 23 mai 2031

Active
Michel VANHAEREN

Director · since 16 mai 2025 · until 23 mai 2031

Active
Pierre PHILIPPOT

Director · since 16 mai 2025 · until 23 mai 2031

Active
JEROEN BOGAERTS

Director · since 25 avril 2024 · until 15 mai 2028

Active
Thibauly DEHAES

Managing director · since 20 novembre 2023 · until 15 mai 2029

Active
Régis LANOVE

Director · since 20 mai 2022 · until 15 mai 2028

Active
Marc TINANT

Director · since 21 mai 2021 · until 15 mai 2027

Active
Ariane ESTENNE

Director · since 15 mai 2020 · until 15 mai 2026

Active
Marc BECKER

Director · since 15 mai 2020 · until 15 mai 2026

Active
Pascal PEETERS

Director · since 15 mai 2020 · until 16 mai 2026

Active
Thomas CALANDE

Director · since 15 mai 2020 · until 16 mai 2026

Active
Jean-Nicolas BURNOTTE

Director · since 10 mai 2020 · until 29 mai 2026

Active

Ended mandates

CLAUDE ROLIN

Director · since 24 mai 2025 · until 15 mai 2027

Ended
JEAN MARC RICHARD

Director · since 24 mai 2024 · until 16 mai 2025

Ended
Thibauly DEHAES

Managing director · since 20 novembre 2023

Ended
Pierre PHILIPPOT

Director · since 20 mai 2022 · until 16 mai 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring20/07/2026
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates24/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring06/05/2026
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates25/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/10/2024
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 29/05/2026
    reconductionJean-Nicolas BURNOTTE — administrateur
  2. 29/05/2026
    reconductionThomas CALANDE — administrateur
  3. 29/05/2026
    reconductionDaniel CORNESSE — administrateur
  4. 29/05/2026
    reconductionAriane ESTENNE — administrateur
  5. 29/05/2026
    reconductionPascal PEETERS — administrateur
  6. 27/03/2026
    nominationBenoît HALLET — administrateur
  7. 27/03/2026
    nominationChristian SMETZ — administrateur
  8. 2025
    Annual accounts 2025338 k €↓
  9. 19/09/2025
    nominationDaniel CORNESSE — administrateur
  10. 16/05/2025
    nominationEric ALBERTUCCIO — administrateur
  11. 16/05/2025
    nominationHilde DE WOLF — administrateur
  12. 16/05/2025
    nominationChristian KUNSH — administrateur
  13. 16/05/2025
    nominationPierre PHILIPPOT — administrateur
  14. 16/05/2025
    nominationFrédéric POSSEMIERS — administrateur
  15. 16/05/2025
    nominationJean-Marc RICHARD — administrateur
  16. 16/05/2025
    nominationEric SPIESSENS — administrateur
  17. 16/05/2025
    nominationMichel VANHAEREN — administrateur
  18. 2024
    Annual accounts 20242,8 M €↑
  19. 24/05/2024
    nominationJeroen BOGAERTS — administrateur
  20. 24/05/2024
    nominationJean-Marc RICHARD — administrateur
  21. 24/05/2024
    nominationClaude RLIN — administrateur
  22. 2023
    Annual accounts 2023113,3 k €↓
  23. 20/11/2023
    reconductionThibault DEHAES — administrateur délégué
  24. 15/09/2023
    nominationThibault DEHAES — administrateur
  25. 12/05/2023
    nominationPascal PEETERS — administrateur délégué
  26. 2023
    Name changeEPC Economie Populaire de Ciney
  27. 2022
    Annual accounts 2022664,5 k €↓
  28. 20/05/2022
    reconductionRégis LANOVE — administrateur
  29. 20/05/2022
    reconductionPierre PHILIPPOT — administrateur
  30. 20/05/2022
    reconductionSC DGST & PARTNERS — Commissaire
  31. 2021
    Annual accounts 2021755,9 k €↑
  32. 2021
    Name changeL'Economie Populaire
  33. 2020
    Annual accounts 2020691,6 k €↓
  34. 2019
    Annual accounts 2019786,6 k €↓
  35. 2018
    Annual accounts 20181,1 M €↑
  36. 2017
    Annual accounts 2017946,2 k €↓
  37. 2016
    Annual accounts 20161,2 M €↓
  38. 2015
    Annual accounts 20151,4 M €↑
  39. 2014
    Annual accounts 20141 M €↓
  40. 2013
    Annual accounts 20131,3 M €↑
  41. 2012
    Annual accounts 2012792,3 k €↓
  42. 2011
    Annual accounts 2011839,8 k €↓
  43. 2010
    Annual accounts 2010937,4 k €↓
  44. 2009
    Annual accounts 20091,2 M €↑
  45. 2008
    Annual accounts 20081,2 M €
  46. 07/05/1919
    IncorporationCooperative society