ACTIVE

ENTREPRISES ET CHEMINS DE FER EN CHINE

Financial year 2025 · Closed on 31/12/2025

Net result10,4 M €+585,3 %over 1 year
Revenue53,2 k €+16 800,9 %over 1 year
Equity146,7 M €+4,3 %over 1 year
Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

ENTREPRISES ET CHEMINS DE FER EN CHINE is a Public limited company incorporated in 1922. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Bruxelles. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0403.207.521
Incorporation
02/03/1922
Legal form
Public limited company
Registered office
Rue du Bois Sauvage 17
1000 Bruxelles · BruxellesSee on map
Contributed capital
2 002 097,14 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Joint committees (2)
  • 100
  • 218
Signals
ProfitableSolid equityPositive cashflowHealthy social debts

Financials

Source · NBB, 40 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue53,2 k €315 €4 k €2,7 k €110,7 k €
EBITDA-360,1 k €-473,2 k €321,6 k €-487,9 k €-60,6 k €
Operating result-361,7 k €-478,1 k €316,7 k €-496 k €-60,8 k €
Net result10,4 M €-2,1 M €7,4 M €10,9 M €6,9 M €
Balance sheet
Equity146,7 M €140,6 M €146,7 M €147,8 M €139,6 M €
Total assets167,3 M €170,3 M €182,3 M €178,9 M €177,7 M €
Cash3 M €3,3 M €2,9 M €4,3 M €4 M €
Debts20,4 M €29,1 M €34,9 M €30,2 M €37,5 M €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,6 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

7 active · 63 ended

Active mandates

Béatrice Neven

Director · since 30 avril 2025 · until 30 avril 2031

Active
Valérie Paquot

Director · since 30 avril 2025 · until 30 avril 2031

Active
EUROPEAN COMPANY OF STAKE

Chairman of the board of directors · since 30 avril 2024 · until 30 avril 2025 · 0466.007.596

Represented by Frédéric Van Gansberghe

Active
BLACERCEL

Director · since 29 avril 2022 · until 28 avril 2028 · 0896.327.510

Represented by Marie-Noël PAQUOT

Active
PAH Management

Director · since 29 avril 2022 · until 28 avril 2028 · 0641.683.308

Represented by Stéphanie Paquot

Active
Pierre-Alexis Hocke

Managing director · since 30 avril 2020 · until 30 avril 2026

Active
Renaud Festraets

Director · since 30 avril 2020 · until 30 avril 2026

Active

Ended mandates

EUROPEAN COMPANY OF STAKE

Chairman of the board of directors · since 30 avril 2024 · until 30 avril 2030 · 0466.007.596

Represented by Frédéric Van Gansberghe

Ended
PAH Management

Director · since 30 avril 2021 · until 29 avril 2022 · 0641.683.308

Represented by Stéphanie Paquot

Ended
FINGAREN

Director · since 30 avril 2020 · until 30 avril 2026 · 0464.852.011

Represented by Nicole Thys

Ended
FINGAREN

Director · since 30 avril 2020 · until 30 avril 2024 · 0464.852.011

Represented by Nicole Thys

Ended

Other companies at this address

Rue du Bois Sauvage 17 1000 Bruxelles
CompanyCBE no.
0402.964.823
FINGAREN● Active
0464.852.011
PARFINA● Active
0442.910.215
SAPER VEDERE● Active
0679.771.446
0419.911.614
Tanval● Active
0431.315.448

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 date20/05/202613/05/202516/05/202404/05/202309/05/202203/05/2021
General meeting30/04/202630/04/202530/04/202428/04/202329/04/202230/04/2021
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, 40 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/04/202620/05/2026FrenchPDF
Consolidated accounts31/12/202530/04/202620/05/2026FrenchPDF
Full model31/12/202430/04/202513/05/2025FrenchPDF
Consolidated accounts31/12/202430/04/202515/05/2025FrenchPDF
Full model31/12/202330/04/202416/05/2024FrenchPDF
Consolidated accounts31/12/202330/04/202416/05/2024FrenchPDF
Full model31/12/202228/04/202304/05/2023FrenchPDF
Consolidated accounts31/12/202228/04/202310/05/2023FrenchPDF
Full model31/12/202129/04/202209/05/2022FrenchPDF
Consolidated accounts31/12/202129/04/202216/05/2022FrenchPDF
Full model31/12/202030/04/202103/05/2021FrenchPDF
Consolidated accounts31/12/202030/04/202103/05/2021FrenchPDF
Full model31/12/201930/04/202013/05/2020FrenchPDF
Consolidated accounts31/12/201930/04/202013/05/2020FrenchPDF
Full model31/12/201830/04/201908/05/2019FrenchPDF
Consolidated accounts31/12/201830/04/201908/05/2019FrenchPDF
Full model31/12/201730/04/201815/05/2018FrenchPDF
Consolidated accounts31/12/201730/04/201815/05/2018FrenchPDF
Full model31/12/201629/04/201715/05/2017FrenchPDF
Consolidated accounts31/12/201628/04/201716/05/2017FrenchPDF
Full model31/12/201529/04/201618/05/2016FrenchPDF
Consolidated accounts31/12/201529/04/201618/05/2016FrenchPDF
Full model31/12/201430/04/201507/05/2015FrenchPDF
Consolidated accounts31/12/201430/04/201507/05/2015FrenchPDF

View all 40 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

7 active · 63 ended

Active mandates

Béatrice Neven

Director · since 30 avril 2025 · until 30 avril 2031

Active
Valérie Paquot

Director · since 30 avril 2025 · until 30 avril 2031

Active
EUROPEAN COMPANY OF STAKE

Chairman of the board of directors · since 30 avril 2024 · until 30 avril 2025 · 0466.007.596

Represented by Frédéric Van Gansberghe

Active
BLACERCEL

Director · since 29 avril 2022 · until 28 avril 2028 · 0896.327.510

Represented by Marie-Noël PAQUOT

Active
PAH Management

Director · since 29 avril 2022 · until 28 avril 2028 · 0641.683.308

Represented by Stéphanie Paquot

Active
Pierre-Alexis Hocke

Managing director · since 30 avril 2020 · until 30 avril 2026

Active
Renaud Festraets

Director · since 30 avril 2020 · until 30 avril 2026

Active

Ended mandates

EUROPEAN COMPANY OF STAKE

Chairman of the board of directors · since 30 avril 2024 · until 30 avril 2030 · 0466.007.596

Represented by Frédéric Van Gansberghe

Ended
PAH Management

Director · since 30 avril 2021 · until 29 avril 2022 · 0641.683.308

Represented by Stéphanie Paquot

Ended
FINGAREN

Director · since 30 avril 2020 · until 30 avril 2026 · 0464.852.011

Represented by Nicole Thys

Ended
FINGAREN

Director · since 30 avril 2020 · until 30 avril 2024 · 0464.852.011

Represented by Nicole Thys

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates02/09/2026
    Nomination
    PDF
  • Mandates17/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/05/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - ASSEMBLEE GENERALE
    PDF
  • Mandates02/06/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/06/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/05/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/03/2020
    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. 2025
    Annual accounts 202510,4 M €↑
  2. 30/04/2025
    reconductionValérie PAQUOT — administrateur
  3. 30/04/2025
    reconductionBéatrice NEVEN — administrateur
  4. 30/04/2025
    nominationBéatrice Neven — Présidente
  5. 2024
    Annual accounts 2024-2,1 M €↓
  6. 30/04/2024
    reconductionFrédéric Van Gansberghe — Président
  7. 30/04/2024
    demissionNicole Thys
  8. 2023
    Annual accounts 20237,4 M €↓
  9. 2022
    Annual accounts 202210,9 M €↑
  10. 29/04/2022
    reconductionPAH Management srl — administrateur
  11. 29/04/2022
    reconductionBlacercel SA — administrateur
  12. 29/04/2022
    nominationBMS & Co srl — commissaire
  13. 2021
    Annual accounts 20216,9 M €↑
  14. 2020
    Annual accounts 20203,8 M €↓
  15. 2019
    Annual accounts 20198,3 M €↑
  16. 2017
    Annual accounts 20175,9 M €↓
  17. 2016
    Annual accounts 20166,9 M €↑
  18. 2015
    Annual accounts 20154,4 M €↓
  19. 2014
    Annual accounts 20144,6 M €↑
  20. 2013
    Annual accounts 20133,5 M €↓
  21. 2012
    Annual accounts 201231,2 M €↑
  22. 2011
    Annual accounts 2011-8,9 M €↓
  23. 2010
    Annual accounts 201023,5 M €↑
  24. 2009
    Annual accounts 2009-54,7 M €↓
  25. 2008
    Annual accounts 2008-44,5 M €
  26. 02/03/1922
    IncorporationPublic limited company