ACTIVE

SPLIN

Financial year 2026 · closed on 31/03/2026
Net result
-871,9 k €
-163.6% YoY
Gross margin
58,5 k €
-97.4% YoY
Equity
4,6 M €
-16.0% YoY
Workforce
12,0 ETP
+4.3% YoY

What does SPLIN do?

SPLIN is a Public limited company incorporated in 1938. Its registered office is in Thimister-Clermont. It employs on average 12,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0403.881.472
Incorporation
10/12/1938
Legal form
Public limited company
Registered office
Rue des Trois Entités 12
4890 Thimister-Clermont · WallonieSee on map
Contributed capital
500 000,00 €
Latest accounts
31/03/2026
Average workforce
12,0 ETP
Joint committees (5)
  • 149
  • 14901
  • 14904
  • 200
  • 218
Signals
Solid equityLow riskGood liquidityHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20262025202420232022202120202019201820172016201520142013201220102009200820072006
Income statement
Gross margin58,5 k €2,2 M €59,6 k €447 k €-88,8 k €1,9 M €2 M €2 M €1,5 M €
EBITDA-910,2 k €1,3 M €-760,3 k €-314,7 k €-900,3 k €1,5 M €1,1 M €1,2 M €1,6 M €249,4 k €4,3 M €2,5 M €141,8 k €229,6 k €3,2 M €2,4 M €1,2 M €3,2 M €1,1 M €741,3 k €
Operating result-1 M €1,1 M €-889,7 k €-458,2 k €-305,7 k €563,9 k €825,9 k €918,6 k €1,2 M €4 k €4,1 M €2,4 M €-53 k €-74,5 k €2,9 M €2,1 M €1,1 M €3,1 M €1 M €666,8 k €
Net result-871,9 k €1,4 M €-743,6 k €-325,1 k €-78,3 k €690,3 k €717,8 k €809,2 k €965,5 k €201 k €3 M €1,7 M €195,2 k €288,4 k €2,3 M €1,7 M €1,1 M €2,3 M €898,3 k €655,8 k €
Balance sheet
Equity4,6 M €5,5 M €5,3 M €6 M €6,4 M €6,5 M €8,2 M €9,3 M €9,8 M €10,1 M €11,2 M €9,6 M €9,1 M €11,8 M €12,8 M €10,5 M €8,9 M €8 M €5,7 M €5,2 M €
Total assets5,1 M €7,2 M €5,9 M €6,7 M €7,7 M €7,9 M €11,1 M €11,5 M €12,2 M €12,6 M €15 M €13,7 M €11,9 M €14,3 M €15 M €11,4 M €9,9 M €9,5 M €6,9 M €6,3 M €
Cash250,1 k €814,3 k €310,6 k €352,3 k €1,9 M €3,4 M €2,7 M €4 M €4,4 M €4,6 M €7,4 M €6,9 M €4,6 M €6,7 M €4,2 M €2,9 M €2,8 M €569,9 k €215,3 k €248,6 k €
Debts388,2 k €1,6 M €493,4 k €640,9 k €1,1 M €1,3 M €2,7 M €2,1 M €2,2 M €2,3 M €3,5 M €3,6 M €2,5 M €2,2 M €1,8 M €546,4 k €635,1 k €1,2 M €971,1 k €858,2 k €
Other
Workforce12,0 ETP11,5 ETP9,9 ETP10,2 ETP11,9 ETP12,8 ETP12,9 ETP13,0 ETP13,7 ETP16,9 ETP17,2 ETP17,5 ETP16,3 ETP15,0 ETP15,7 ETP16,7 ETP17,4 ETP17,2 ETP16,4 ETP16,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2026 · 2 active · 25 ended

Active mandates

RUS TONY INDUSTRIES

Director · since 12 janvier 2026 · 0426.819.301

Represented by José Antonio Rus

Active
SPATEC

Director · since 19 janvier 2021 · until 12 janvier 2026 · 0534.867.995

Represented by Rus José Antonio Rus Tony Industries représentée par

Active

Ended mandates

SPATEC

Director · since 19 janvier 2021 · until 19 janvier 2027 · 0534.867.995

Represented by représentée par Rus José Antonio Administrateur RUS TONY INDUSTRIES

Ended
SPATEC

Director · since 19 janvier 2021 · until 19 janvier 2027 · 0534.867.995

Represented by représentée par RUS José RUS TONY INDUSTRIES

Ended
Elodie BENOIT

Director · since 14 septembre 2018 · until 19 janvier 2021

Ended
Elodie BENOIT

Director · since 14 septembre 2018 · until 13 septembre 2024

Ended
At this address

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Annual accounts

Full financial information

202620252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/09/202612/09/202522/10/202426/09/202312/10/202219/10/2021
General meeting11/09/202612/09/202520/09/202415/09/202330/09/202230/09/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202611/09/202617/09/2026FrenchPDF
Abridged model31/03/202512/09/202512/09/2025FrenchPDF
Abridged modelCorrection31/03/202420/09/202422/10/2024FrenchPDF
Abridged model31/03/202420/09/202425/09/2024FrenchPDF
Abridged model31/03/202315/09/202326/09/2023FrenchPDF
Abridged model31/03/202230/09/202212/10/2022FrenchPDF
Abridged model31/03/202130/09/202119/10/2021FrenchPDF
Abridged model31/03/202031/08/202007/09/2020FrenchPDF
Full model31/03/201913/09/201916/09/2019FrenchPDF
Full model31/03/201814/09/201818/09/2018FrenchPDF
Full model31/03/201708/09/201720/09/2017FrenchPDF
Full model31/03/201609/09/201607/10/2016FrenchPDF
Full model31/03/201511/09/201508/10/2015FrenchPDF
Full model31/03/201412/09/201406/10/2014FrenchPDF
Full model31/03/201327/09/201317/10/2013FrenchPDF
Full model31/03/201214/09/201203/10/2012FrenchPDF
Full model31/12/201020/05/201126/05/2011FrenchPDF
Full model31/12/200921/05/201006/07/2010FrenchPDF
Full model31/12/200815/05/200929/05/2009FrenchPDF
Abridged model31/12/200716/05/200828/05/2008FrenchPDF
Abridged model31/12/200618/05/200712/06/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/03/2026 · 2 active · 25 ended

Active mandates

RUS TONY INDUSTRIES

Director · since 12 janvier 2026 · 0426.819.301

Represented by José Antonio Rus

Active
SPATEC

Director · since 19 janvier 2021 · until 12 janvier 2026 · 0534.867.995

Represented by Rus José Antonio Rus Tony Industries représentée par

Active

Ended mandates

SPATEC

Director · since 19 janvier 2021 · until 19 janvier 2027 · 0534.867.995

Represented by représentée par Rus José Antonio Administrateur RUS TONY INDUSTRIES

Ended
SPATEC

Director · since 19 janvier 2021 · until 19 janvier 2027 · 0534.867.995

Represented by représentée par RUS José RUS TONY INDUSTRIES

Ended
Elodie BENOIT

Director · since 14 septembre 2018 · until 19 janvier 2021

Ended
Elodie BENOIT

Director · since 14 septembre 2018 · until 13 septembre 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/12/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/02/2021
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates01/02/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/09/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/10/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/10/2017
    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. 2026
    Annual accounts 2026-871,9 k €
  2. 2025
    Annual accounts 20251,4 M €
  3. 2024
    Annual accounts 2024-743,6 k €
  4. 2023
    Annual accounts 2023-325,1 k €
  5. 2022
    Annual accounts 2022-78,3 k €
  6. 2021
    Annual accounts 2021690,3 k €
  7. 2020
    Annual accounts 2020717,8 k €
  8. 2019
    Annual accounts 2019809,2 k €
  9. 2018
    Annual accounts 2018965,5 k €
  10. 2017
    Annual accounts 2017201 k €
  11. 2016
    Annual accounts 20163 M €
  12. 2015
    Annual accounts 20151,7 M €
  13. 2014
    Annual accounts 2014195,2 k €
  14. 2013
    Annual accounts 2013288,4 k €
  15. 2012
    Annual accounts 20122,3 M €
  16. 2010
    Annual accounts 20101,7 M €
  17. 2009
    Annual accounts 20091,1 M €
  18. 2008
    Annual accounts 20082,3 M €
  19. 2007
    Annual accounts 2007898,3 k €
  20. 2006
    Annual accounts 2006655,8 k €
  21. 10/12/1938
    IncorporationPublic limited company