ACTIVE

ENTREPRISES ET CHEMINS DE FER EN CHINE

Export PDF

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

Activities (NACE)

68204Rental and operating of own or leased real estate· main 68204Rental and operating of own or leased real estate 70204Management consultancy activities

Joint committees (2)

Signals

ProfitableSolid equityPositive cashflowHealthy social debts

Financials

Source · NBB, 40 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	53,2 k €	+16801%	315 €	-92.1%	4 k €	+49.8%	2,7 k €	-97.6%	110,7 k €
EBITDA	-360,1 k €	+23.9%	-473,2 k €	-247%	321,6 k €	+166%	-487,9 k €	-705%	-60,6 k €
Operating result	-361,7 k €	+24.4%	-478,1 k €	-251%	316,7 k €	+164%	-496 k €	-716%	-60,8 k €
Net result	10,4 M €	+585%	-2,1 M €	-129%	7,4 M €	-32.2%	10,9 M €	+59.2%	6,9 M €
Balance sheet
Equity	146,7 M €	+4.3%	140,6 M €	-4.1%	146,7 M €	-0.7%	147,8 M €	+5.9%	139,6 M €
Total assets	167,3 M €	-1.8%	170,3 M €	-6.6%	182,3 M €	+1.9%	178,9 M €	+0.7%	177,7 M €
Cash	3 M €	-9.5%	3,3 M €	+12.4%	2,9 M €	-32.8%	4,3 M €	+7.7%	4 M €
Debts	20,4 M €	-30.1%	29,1 M €	-16.4%	34,9 M €	+15.4%	30,2 M €	-19.5%	37,5 M €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-37.5%	1,6 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 · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Béatrice Neven	Director30/04/2013 → 30/04/2031
Valérie Paquot	Director30/04/2013 → 30/04/2031
EUROPEAN COMPANY OF STAKE0466.007.596Represented by Frédéric Van Gansberghe	Chairman of the board of directors30/04/2018 → 30/04/2030Director30/04/2012 → 2020 accountsended
BLACERCEL0896.327.510Represented by Marie-Noël PAQUOT	Director30/04/2010 → 28/04/2028
PAH Management0641.683.308Represented by Stéphanie Paquot	Director30/04/2021 → 28/04/2028
Pierre-Alexis Hocke	Managing director30/04/2020 → 30/04/2026
Renaud Festraets	Director30/04/2020 → 30/04/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FINGAREN0464.852.011Represented by Nicole Thys	Director30/04/2020 → 2022 accounts
Nicole Thys	Director25/11/2019 → 30/04/2020

Other companies at this address

Rue du Bois Sauvage 17 1000 Bruxelles

Company	CBE no.
COMPAGNIE DU BOIS SAUVAGE● Active	0402.964.823
FINGAREN● Active	0464.852.011
PARFINA● Active	0442.910.215
SAPER VEDERE● Active	0679.771.446
Stichting Paul Delvaux - Fondation Paul Delvaux● Active	0419.911.614
Tanval● Active	0431.315.448

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full 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	20/05/2026	13/05/2025	16/05/2024	04/05/2023	09/05/2022	03/05/2021
General meeting	30/04/2026	30/04/2025	30/04/2024	28/04/2023	29/04/2022	30/04/2021
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

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 40 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/04/2026	20/05/2026	French	PDF
Consolidated accounts	31/12/2025	30/04/2026	20/05/2026	French	PDF
Full model	31/12/2024	30/04/2025	13/05/2025	French	PDF
Consolidated accounts	31/12/2024	30/04/2025	15/05/2025	French	PDF
Full model	31/12/2023	30/04/2024	16/05/2024	French	PDF
Consolidated accounts	31/12/2023	30/04/2024	16/05/2024	French	PDF
Full model	31/12/2022	28/04/2023	04/05/2023	French	PDF
Consolidated accounts	31/12/2022	28/04/2023	10/05/2023	French	PDF
Full model	31/12/2021	29/04/2022	09/05/2022	French	PDF
Consolidated accounts	31/12/2021	29/04/2022	16/05/2022	French	PDF
Full model	31/12/2020	30/04/2021	03/05/2021	French	PDF
Consolidated accounts	31/12/2020	30/04/2021	03/05/2021	French	PDF
Full model	31/12/2019	30/04/2020	13/05/2020	French	PDF
Consolidated accounts	31/12/2019	30/04/2020	13/05/2020	French	PDF
Full model	31/12/2018	30/04/2019	08/05/2019	French	PDF
Consolidated accounts	31/12/2018	30/04/2019	08/05/2019	French	PDF
Full model	31/12/2017	30/04/2018	15/05/2018	French	PDF
Consolidated accounts	31/12/2017	30/04/2018	15/05/2018	French	PDF
Full model	31/12/2016	29/04/2017	15/05/2017	French	PDF
Consolidated accounts	31/12/2016	28/04/2017	16/05/2017	French	PDF
Full model	31/12/2015	29/04/2016	18/05/2016	French	PDF
Consolidated accounts	31/12/2015	29/04/2016	18/05/2016	French	PDF
Full model	31/12/2014	30/04/2015	07/05/2015	French	PDF
Consolidated accounts	31/12/2014	30/04/2015	07/05/2015	French	PDF
Full model	31/12/2013	30/04/2014	07/05/2014	French	PDF
Consolidated accounts	31/12/2013	30/04/2014	07/05/2014	French	PDF
Full model	31/12/2012	30/04/2013	17/05/2013	French	PDF
Consolidated accounts	31/12/2012	30/04/2013	17/05/2013	French	PDF
Full model	31/12/2011	30/04/2012	14/05/2012	French	PDF
Consolidated accounts	31/12/2011	30/04/2012	14/05/2012	French	PDF
Full model	31/12/2010	29/04/2011	11/05/2011	French	PDF
Consolidated accounts	31/12/2010	29/04/2011	11/05/2011	French	PDF
Full model	31/12/2009	30/04/2010	10/05/2010	French	PDF
Consolidated accounts	31/12/2009	30/04/2010	10/05/2010	French	PDF
Full model	31/12/2008	30/04/2009	05/05/2009	French	PDF
Consolidated accounts	31/12/2008	30/04/2009	05/05/2009	French	PDF
Full model	31/12/2007	30/04/2008	06/05/2008	French	PDF
Consolidated accounts	31/12/2007	30/04/2008	06/05/2008	French	PDF
Full model	31/12/2006	30/04/2007	22/05/2007	French	PDF
Consolidated accounts	31/12/2006	30/04/2007	22/05/2007	French	PDF

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 · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Béatrice Neven	Director30/04/2013 → 30/04/2031
Valérie Paquot	Director30/04/2013 → 30/04/2031
EUROPEAN COMPANY OF STAKE0466.007.596Represented by Frédéric Van Gansberghe	Chairman of the board of directors30/04/2018 → 30/04/2030Director30/04/2012 → 2020 accountsended
BLACERCEL0896.327.510Represented by Marie-Noël PAQUOT	Director30/04/2010 → 28/04/2028
PAH Management0641.683.308Represented by Stéphanie Paquot	Director30/04/2021 → 28/04/2028
Pierre-Alexis Hocke	Managing director30/04/2020 → 30/04/2026
Renaud Festraets	Director30/04/2020 → 30/04/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FINGAREN0464.852.011Represented by Nicole Thys	Director30/04/2020 → 2022 accounts
Nicole Thys	Director25/11/2019 → 30/04/2020

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

Source · CBE, NBB annual accounts

Year

Identity

Incorporation1922

Name

Registered office

Annual accounts

Filings17 filings

Mandates

Valérie Paquot

Béatrice Neven

EUROPEAN COMPANY OF STAKE

PAH Management

BLACERCEL

Pierre-Alexis Hocke

Renaud Festraets

FINGAREN

Nicole Thys

Robert Demilie

BRUSSELS PARKING

Adrien Paquot

and 8 more mandates

196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

ENTREPRISES ET CHEMINS DE FER EN CHINE

Rue du Bois Sauvage 17, 1000 Brussels

Director

Chairman of the board of directorsDirector

Director

Managing director

Director

DirectorChairman of the board of directors

Chairman of the board of directorsDirectorVice-chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue du Bois Sauvage 17, 1000 BrusselsCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00118737

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ENTREPRISES ET CHEMINS DE FER EN CHINECurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00118737

Events

2025
Annual accounts 202510,4 M €↑
30/04/2025
reconductionValérie PAQUOT · administrateur
30/04/2025
reconductionBéatrice NEVEN · administrateur
30/04/2025
nominationBéatrice Neven · Présidente
2024
Annual accounts 2024-2,1 M €↓
30/04/2024
reconductionFrédéric Van Gansberghe · Président
30/04/2024
demissionNicole Thys
2023
Annual accounts 20237,4 M €↓
2022
Annual accounts 202210,9 M €↑
29/04/2022
reconductionPAH Management srl · administrateur
29/04/2022
reconductionBlacercel SA · administrateur
29/04/2022
nominationBMS & Co srl · commissaire
2021
Annual accounts 20216,9 M €↑
2020
Annual accounts 20203,8 M €↓
2019
Annual accounts 20198,3 M €↑
2017
Annual accounts 20175,9 M €↓
2016
Annual accounts 20166,9 M €↑
2015
Annual accounts 20154,4 M €↓
2014
Annual accounts 20144,6 M €↑
2013
Annual accounts 20133,5 M €↓
2012
Annual accounts 201231,2 M €↑
2011
Annual accounts 2011-8,9 M €↓
2010
Annual accounts 201023,5 M €↑
2009
Annual accounts 2009-54,7 M €↓
2008
Annual accounts 2008-44,5 M €
02/03/1922
IncorporationPublic limited company

ENTREPRISES ET CHEMINS DE FER EN CHINE

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