ACTIVE

Compagnie Internationale des Wagons-Lits et du Tourisme

Financial year 2025 · Closed on 31/12/2025

Net result18,7 M €-62,6 %over 1 year

Equity195,6 M €-48,2 %over 1 year

Workforce5,9 ETP-4,8 %over 1 year

Identity

Source · BCE/KBO

Compagnie Internationale des Wagons-Lits et du Tourisme is a Public limited company incorporated in 1876. Its main activity is: Holiday and other short-stay accommodation. Its registered office is in Bruxelles. It employs on average 5,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0403.479.319
Incorporation: 04/12/1876
Legal form: Public limited company
Registered office: Avenue des Arts 56
1000 Bruxelles · BruxellesSee on map
Contributed capital: 160 490 083,04 €
Latest accounts: 31/12/2025
Average workforce: 5,9 ETP

Activities (NACE)

55203Holiday and other short-stay accommodation· main 55203Holiday and other short-stay accommodation 55232Holiday and other short-stay accommodation 64200Activities of holding companies 64210Activities of holding companies

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

Financials

Source · NBB, 69 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	–		–		–		–		–
EBITDA	-399,9 k €	-319%	182,7 k €	+128%	-655,4 k €	+3.6%	-679,8 k €	-2007%	35,7 k €
Operating result	63,3 k €	+196%	-66 k €	+85.9%	-466,9 k €	+18.4%	-572,4 k €	-204%	549,3 k €
Net result	18,7 M €	-62.6%	50 M €	+1029%	4,4 M €	-60.0%	11,1 M €	+1033%	977,4 k €
Balance sheet
Equity	195,6 M €	-48.2%	377,9 M €	+15.2%	327,9 M €	+1.4%	323,5 M €	+3.5%	312,4 M €
Total assets	547,4 M €	-23.4%	715 M €	-3.9%	744,1 M €	+5.5%	705,6 M €	-48.4%	1,4 Md €
Cash	2,3 k €	-27.0%	3,1 k €	+17.4%	2,7 k €	+71.3%	1,6 k €	-88.9%	14 k €
Debts	351,7 M €	+4.7%	335,8 M €	-19.2%	415,5 M €	+8.9%	381,5 M €	-63.8%	1,1 Md €
Other
Workforce	5,9 ETP	-4.8%	6,2 ETP	-20.5%	7,8 ETP	+8.3%	7,2 ETP	-12.2%	8,2 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

5 active · 48 ended

Active mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Karelle Lamouche	Director	21/11/2025 → 26/05/2027
Bart De Deyn	Director	28/05/2025 → 24/05/2028	000
Yves Fonck	Director	22/05/2024 → 30/05/2025	000
Pierre Deburaux	Director	03/05/2023 → 18/12/2025	000
Etienne Davignon	Chairman of the board of directors	25/05/2022 → 28/05/2025	000

Ended mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Yves Fonck	Director	22/05/2024 → 26/05/2027	000
Pierre Deburaux	Director	03/05/2023 → 27/05/2026	000
Bart De Deyn	Director	25/05/2022 → 28/05/2025	000
Albertina Verweire	Director	26/05/2021 → 25/05/2022

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Avenue des Arts 56 1000 Bruxelles

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ACTIMO CONSULTING● Active	0866.746.369
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AJ MANAGEMENT● Bankrupt	0787.796.188
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ALOHA● Active	0711.768.677
Ambassade d`Australie● Active	0850.074.643
AMBASSADEUR DE LA MISSION DIPLOMATIQUE AUSTRALIENNE● Active	0850.193.914
American Chamber of Commerce to the European Union● Active	0862.178.560
AMSET● Active	0829.315.455
Antwerp Transport Solutions● Bankrupt	0630.871.370
AOA CONSULTING● Active	0899.777.839
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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	19/06/2026	19/06/2025	19/06/2024	26/06/2023	16/06/2022	25/06/2021
General meeting	27/05/2026	28/05/2025	22/05/2024	24/05/2023	25/05/2022	26/05/2021
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

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Annual accounts filings

Source · NBB, 69 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	27/05/2026	19/06/2026	French	PDF
Full model	31/12/2024	28/05/2025	19/06/2025	French	PDF
Full model	31/12/2023	22/05/2024	19/06/2024	French	PDF
Full model	31/12/2022	24/05/2023	26/06/2023	French	PDF
Full model	31/12/2021	25/05/2022	16/06/2022	French	PDF
Full model	31/12/2020	26/05/2021	25/06/2021	French	PDF
Full model	31/12/2019	09/06/2020	16/07/2020	French	PDF
Full model	31/12/2018	22/05/2019	23/05/2019	French	PDF
Full model	31/12/2017	23/05/2018	24/05/2018	French	PDF
Full model	31/12/2016	24/05/2017	30/05/2017	French	PDF
Full model	31/12/2015	25/05/2016	26/05/2016	French	PDF
Full model	31/12/2014	27/05/2015	29/05/2015	French	PDF
Full model	31/12/2013	28/05/2014	02/06/2014	French	PDF
Full model	31/12/2012	22/05/2013	29/05/2013	French	PDF
Full model	31/12/2011	29/05/2012	01/06/2012	French	PDF
Full model	31/12/2010	25/05/2011	15/06/2011	French	PDF
Full model	31/12/2009	26/05/2010	01/07/2010	French	PDF
Consolidated accounts	31/12/2009	29/06/2010	23/07/2010	French	PDF
Full model	31/12/2008	27/05/2009	24/06/2009	French	PDF
Full model	31/12/2007	28/05/2008	07/07/2008	French	PDF
Full model	31/12/2006	23/05/2007	27/06/2007	French	PDF
Full model	31/12/2005	24/05/2006	19/06/2006	French	PDF
Full model	31/12/2004	25/05/2005	07/06/2005	French	PDF
Full model	31/12/2003	26/05/2004	23/07/2004	French	PDF

View all 69 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

5 active · 48 ended

Active mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Karelle Lamouche	Director	21/11/2025 → 26/05/2027
Bart De Deyn	Director	28/05/2025 → 24/05/2028	000
Yves Fonck	Director	22/05/2024 → 30/05/2025	000
Pierre Deburaux	Director	03/05/2023 → 18/12/2025	000
Etienne Davignon	Chairman of the board of directors	25/05/2022 → 28/05/2025	000

Ended mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Yves Fonck	Director	22/05/2024 → 26/05/2027	000
Pierre Deburaux	Director	03/05/2023 → 27/05/2026	000
Bart De Deyn	Director	25/05/2022 → 28/05/2025	000
Albertina Verweire	Director	26/05/2021 → 25/05/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/04/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates04/12/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates25/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates10/07/2024
DEMISSIONS, NOMINATIONS
PDF
Other04/04/2024
DIVERS
PDF
Other03/04/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other03/04/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates13/07/2023
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 202518,7 M €↓
18/12/2025
nominationKarelle Lamouche · administrateur
21/11/2025
nominationKarelle Lamouche · administrateur remplaçant
28/05/2025
reconductionDe Deyn · administrateur
28/05/2025
reconductionPatrick Mortroux · commissaire aux comptes
2024
Annual accounts 202450 M €↑
22/05/2024
reconductionYves FONCK · Administrateur
2023
Annual accounts 20234,4 M €↓
03/05/2023
nominationPierre Deburaux · administrateur
2022
Annual accounts 202211,1 M €↑
25/05/2022
reconductionMonsieur Davignon · administrateur
25/05/2022
reconductionPWC Réviseurs d'entreprises · commissaire aux comptes
04/05/2022
nominationMr. Bart De Deyn · administrateur
2021
Annual accounts 2021977,4 k €↓
2020
Annual accounts 20201,9 M €↓
2019
Annual accounts 20192,6 M €↑
2018
Annual accounts 20182,2 M €↓
2017
Annual accounts 201713,6 M €↑
2016
Annual accounts 2016853,3 k €↓
2015
Annual accounts 20152,8 M €↓
2014
Annual accounts 20145,3 M €↑
2013
Annual accounts 2013-3,4 M €↑
2012
Annual accounts 2012-11,6 M €↓
2011
Annual accounts 201142,3 M €↑
2010
Annual accounts 2010-273,2 M €↓
2009
Annual accounts 200910,3 M €↓
2008
Annual accounts 200862,2 M €
04/12/1876
IncorporationPublic limited company

Compagnie Internationale des Wagons-Lits et du Tourisme

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