ACTIVE

EQUANS Services

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Financial year 2025 · closed on 31/12/2025
Net result
15,6 M €
-17.1% YoY
Revenue
527,9 M €
+2.9% YoY
Equity
56,8 M €
+5.8% YoY
Workforce
2 081,2 ETP
-2.4% YoY

What does EQUANS Services do?

EQUANS Services is a Public limited company incorporated in 1963. Its main activity is: Combined facilities support activities. Its registered office is in Saint-Josse-ten-Noode. It employs on average 2 081,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0402.947.797
Incorporation
05/03/1963
Legal form
Public limited company
Registered office
Boulevard du Roi Albert II 19
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Contributed capital
6 566 350,00 €
Latest accounts
31/12/2025
Average workforce
2 081,2 ETP
Activities (NACE)
81100Combined facilities support activities· main81100Combined facilities support activities
Joint committees (4)
  • 124
  • 14901
  • 218
  • 317
Contacts
1 public detail availableLog in to view
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Revenue527,9 M €513,1 M €464,3 M €425,4 M €362,5 M €333,6 M €372,9 M €
EBITDA22,2 M €28,8 M €12,9 M €15 M €-1,4 M €5,9 M €16,5 M €
Operating result20 M €26,2 M €9,3 M €12,4 M €-1,8 M €4,7 M €15,8 M €
Net result15,6 M €18,8 M €11,9 M €9,2 M €43,2 M €11 M €18 M €
Balance sheet
Equity56,8 M €53,7 M €50,1 M €235,8 M €264,4 M €231,3 M €220,3 M €
Total assets250,1 M €237,3 M €217,7 M €416,1 M €410,5 M €647,1 M €632,5 M €
Cash617,5 k €603,8 k €633,6 k €644 k €411,2 k €1,1 M €614,2 k €
Debts146,3 M €138,7 M €124,9 M €139,7 M €111,5 M €390,2 M €386,8 M €
Other
Workforce2 081,2 ETP2 131,9 ETP2 125,3 ETP2 231,4 ETP2 119,7 ETP2 143,8 ETP2 137,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 15 ended

Active mandates

Didier ENGELS

Director · since 24 juin 2025 · until 24 juin 2031

Active
Mark DIRCKX

Managing director · since 01 février 2025 · until 25 juin 2030

Active
Natalie DEWULF

Director · since 01 février 2025 · until 25 juin 2030

Active
Nicolas ROGEZ

Director · since 01 février 2025 · until 25 juin 2030

Active
Filip COCQUEREAUX

Director · since 27 juin 2023 · until 26 juin 2029

Active
Jan VANDENBROUCKE

Director · since 27 juin 2023 · until 26 juin 2029

Active
Philippe MASEREEL

Director · since 27 juin 2023 · until 26 juin 2029

Active

Ended mandates

Natalie DEWULF

Managing director · since 28 juin 2022 · until 25 juin 2024

Ended
Didier ENGELS

Director · since 22 septembre 2021 · until 24 juin 2025

Ended
Stanislas DE PIERPONT

Director · since 30 juin 2021 · until 28 juin 2022

Ended
Stanislas DE PIERPONT

Director · since 30 juin 2021 · until 24 juin 2025

Ended
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Annual accounts

Full financial information

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 date02/07/202607/07/202508/07/202420/07/202312/07/202216/07/2021
General meeting30/06/202624/06/202525/06/202427/06/202328/06/202229/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

40 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202602/07/2026DutchPDF
Full model31/12/202530/06/202602/07/2026FrenchPDF
Full model31/12/202424/06/202507/07/2025DutchPDF
Full model31/12/202424/06/202507/07/2025FrenchPDF
Full model31/12/202325/06/202408/07/2024DutchPDF
Full model31/12/202325/06/202408/07/2024FrenchPDF
Full model31/12/202227/06/202320/07/2023DutchPDF
Full model31/12/202227/06/202320/07/2023FrenchPDF
Full model31/12/202128/06/202212/07/2022DutchPDF
Full model31/12/202128/06/202212/07/2022FrenchPDF
Full model31/12/202029/06/202116/07/2021DutchPDF
Full model31/12/202029/06/202116/07/2021FrenchPDF
Full model31/12/201930/06/202024/07/2020DutchPDF
Full model31/12/201930/06/202013/07/2020FrenchPDF
Full model31/12/201825/06/201915/07/2019DutchPDF
Full model31/12/201825/06/201915/07/2019FrenchPDF
Full model31/12/201726/06/201828/06/2018DutchPDF
Full model31/12/201726/06/201828/06/2018FrenchPDF
Full model31/12/201623/06/201712/07/2017DutchPDF
Full model31/12/201623/06/201712/07/2017FrenchPDF
Full model31/12/201531/05/201603/06/2016FrenchPDF
Full model31/12/201531/05/201603/06/2016DutchPDF
Full model31/12/201426/05/201503/06/2015FrenchPDF
Full model31/12/201426/05/201503/06/2015DutchPDF

View all 40 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 15 ended

Active mandates

Didier ENGELS

Director · since 24 juin 2025 · until 24 juin 2031

Active
Mark DIRCKX

Managing director · since 01 février 2025 · until 25 juin 2030

Active
Natalie DEWULF

Director · since 01 février 2025 · until 25 juin 2030

Active
Nicolas ROGEZ

Director · since 01 février 2025 · until 25 juin 2030

Active
Filip COCQUEREAUX

Director · since 27 juin 2023 · until 26 juin 2029

Active
Jan VANDENBROUCKE

Director · since 27 juin 2023 · until 26 juin 2029

Active
Philippe MASEREEL

Director · since 27 juin 2023 · until 26 juin 2029

Active

Ended mandates

Natalie DEWULF

Managing director · since 28 juin 2022 · until 25 juin 2024

Ended
Didier ENGELS

Director · since 22 septembre 2021 · until 24 juin 2025

Ended
Stanislas DE PIERPONT

Director · since 30 juin 2021 · until 28 juin 2022

Ended
Stanislas DE PIERPONT

Director · since 30 juin 2021 · until 24 juin 2025

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other29/05/2026
    DIVERS
    PDF
  • Other29/05/2026
    DIVERSEN
    PDF
  • Other10/11/2025
    DIVERSEN
    PDF
  • Other10/11/2025
    DIVERS
    PDF
  • Mandates28/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/03/2025
    DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/03/2025
    DIVERS - DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

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 202515,6 M €↓
  2. 24/06/2025
    reconductionDidier Engels — administrateur
  3. 24/06/2025
    reconductionDidier Engels — bestuurder
  4. 01/02/2025
    nominationNicolas Rogez — bestuurder
  5. 01/02/2025
    nominationMark Dirckx — Gedelegeerd bestuurder
  6. 01/02/2025
    nominationNicolas Rogez — administrateur
  7. 01/02/2025
    nominationMark Dirckx — administrateur-délégué
  8. 2024
    Annual accounts 202418,8 M €↑
  9. 2023
    Annual accounts 202311,9 M €↑
  10. 2022
    Annual accounts 20229,2 M €↓
  11. 2022
    Name changeEQUANS Services
  12. 2021
    Annual accounts 202143,2 M €↑
  13. 2021
    Name changeEQUANS Services (anciennement Cofely Services)
  14. 2020
    Annual accounts 202011 M €↓
  15. 2019
    Annual accounts 201918 M €
  16. 2019
    Name changeCofely Services
  17. 05/03/1963
    IncorporationPublic limited company