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Financial year 2025 · closed on 31/12/2025

Net result

107,9 k €

+55.2% YoY

Revenue

2,1 M €

+21.3% YoY

Equity

3 M €

-40.9% YoY

Workforce

10,9 ETP

-19.3% YoY

What does Close do?

Close is a Public limited company incorporated in 1965. Its registered office is in Aywaille. It employs on average 10,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0403.940.266

Incorporation

17/03/1965

Legal form

Public limited company

Registered office

Rue de la Hé Copin 9
4920 Aywaille · WallonieSee on map

Contributed capital

2 085 354,75 €

Latest accounts

31/12/2025

Average workforce

10,9 ETP

Joint committees (6)

111
124
149
14901
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	2,1 M €	+21.3%	1,7 M €	-11.8%	2 M €	+18.6%	1,7 M €	+11.2%	1,5 M €	+6.6%	1,4 M €	-23.8%	1,8 M €	-95.0%	36,8 M €	+2.0%	36,1 M €	+27.0%	28,4 M €	-22.6%	36,7 M €	-35.1%	56,6 M €	+54.1%	36,7 M €	+6.6%	34,4 M €	-20.8%	43,4 M €	+21.8%	35,7 M €	-1.0%	36 M €	+3.2%	34,9 M €	-16.5%	41,8 M €
EBITDA	709 k €	+635%	96,5 k €	-85.6%	672 k €	-15.5%	795,4 k €	+117%	366,6 k €	-25.5%	492 k €	-46.2%	914,2 k €	-61.6%	2,4 M €	-41.6%	4,1 M €	+122%	1,8 M €	+94.3%	946,8 k €	-73.3%	3,5 M €	+5.3%	3,4 M €	+8.0%	3,1 M €	-9.6%	3,4 M €	+5.0%	3,3 M €	-23.3%	4,3 M €	+12.4%	3,8 M €	+25.4%	3 M €
Operating result	176,4 k €	+43.3%	123,1 k €	-69.9%	409 k €	-22.1%	524,9 k €	+488%	89,3 k €	-59.0%	217,6 k €	-62.5%	579,7 k €	-65.1%	1,7 M €	-46.8%	3,1 M €	+192%	1,1 M €	+187%	372,2 k €	-86.7%	2,8 M €	-3.4%	2,9 M €	+7.5%	2,7 M €	-10.6%	3 M €	+5.5%	2,8 M €	-27.0%	3,9 M €	+11.5%	3,5 M €	+30.6%	2,7 M €
Net result	107,9 k €	+55.2%	69,6 k €	-73.4%	261,6 k €	-23.3%	341,2 k €	+1066%	29,3 k €	-72.2%	105,2 k €	-62.4%	280 k €	-71.2%	970,7 k €	-45.4%	1,8 M €	+251%	506,5 k €	+130%	220,6 k €	-87.5%	1,8 M €	+0.2%	1,8 M €	+8.0%	1,6 M €	-13.7%	1,9 M €	+3.9%	1,8 M €	-28.8%	2,6 M €	+19.6%	2,1 M €	+17.5%	1,8 M €
Balance sheet
Equity	3 M €	-40.9%	5,1 M €	-0.3%	5,2 M €	-4.5%	5,4 M €	+3.6%	5,2 M €	+0.5%	5,2 M €	-4.6%	5,4 M €	+5.4%	5,2 M €	-25.7%	6,9 M €	-1.6%	7,1 M €	+1.5%	7 M €	+39.9%	5 M €	+17.0%	4,3 M €	-5.4%	4,5 M €	+5.4%	4,3 M €	+16.0%	3,7 M €	-0.0%	3,7 M €	+1.4%	3,6 M €	+3.8%	3,5 M €
Total assets	3,8 M €	-33.1%	5,7 M €	-21.5%	7,2 M €	+2.3%	7,1 M €	-3.6%	7,3 M €	-26.8%	10 M €	-46.0%	18,5 M €	-36.0%	28,9 M €	-7.7%	31,3 M €	+13.3%	27,7 M €	-11.0%	31,1 M €	+30.3%	23,8 M €	-2.0%	24,3 M €	+11.9%	21,8 M €	-49.4%	43 M €	-21.5%	54,7 M €	+10.5%	49,6 M €	+10.4%	44,9 M €	-14.7%	52,6 M €
Cash	2,7 M €	+26.5%	2,2 M €	-11.6%	2,5 M €	+214%	782 k €	-41.4%	1,3 M €	-14.0%	1,6 M €	-60.1%	3,9 M €	-45.4%	7,1 M €	-7.0%	7,7 M €	+40.6%	5,4 M €	+6.6%	5,1 M €	+78.5%	2,9 M €	-40.2%	4,8 M €	+59.4%	3 M €	+92.5%	1,6 M €	-30.7%	2,2 M €	-30.8%	3,2 M €	-17.7%	3,9 M €	-17.8%	4,8 M €
Debts	394,3 k €	-23.1%	512,9 k €	-68.1%	1,6 M €	+32.9%	1,2 M €	-25.6%	1,6 M €	-62.7%	4,4 M €	-65.5%	12,6 M €	-45.5%	23,2 M €	-2.7%	23,8 M €	+19.0%	20 M €	-14.9%	23,5 M €	+27.9%	18,4 M €	-6.2%	19,6 M €	+16.8%	16,8 M €	-56.1%	38,2 M €	-25.0%	51 M €	+11.7%	45,6 M €	+11.3%	41 M €	-16.0%	48,9 M €
Other
Workforce	10,9 ETP	-19.3%	13,5 ETP	-2.2%	13,8 ETP	-2.8%	14,2 ETP	-12.3%	16,2 ETP	-9.5%	17,9 ETP	-69.1%	57,9 ETP	-59.7%	143,6 ETP	-4.5%	150,4 ETP	-8.1%	163,7 ETP	-5.3%	172,8 ETP	+5.8%	163,3 ETP	+11.5%	146,4 ETP	+3.8%	141,1 ETP	-7.9%	153,2 ETP	-5.4%	162,0 ETP	+3.4%	156,6 ETP	-1.9%	159,7 ETP	+1.0%	158,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 72 ended

Active mandates

Close Techniques

Director · until 30 juin 2029 · 0698.822.939

Represented by Floriane Sabine Struelens

Active

Odile Marie A Close

Director · until 25 juin 2026

Active

Pascal René L Thésias

Managing director · until 30 juin 2029

Active

Vincent Ghislain Dewandre

Director · until 30 juin 2029

Active

Ended mandates

Close Techniques

Director · since 15 juin 2020 · until 15 juin 2025 · 0698.822.939

Represented by Floriane STRUELENS

Ended

Close Techniques

Director · since 15 juin 2020 · until 15 juin 2026 · 0698.822.939

Represented by Floriane STRUELENS

Ended

CLOSE COMFORT

Director · since 18 juin 2018 · until 15 juin 2020 · 0475.479.350

Represented by Magali CONNIASSELLE

Ended

CLOSE COMFORT

Director · since 18 juin 2018 · until 18 juin 2024 · 0475.479.350

Represented by Magali CONNIASSELLE

Ended

At this address

Other companies at this address

Company	CBE no.
Ass momentanée CEGELEC-CLOSE-SPIE● Active	0654.995.567
BORZEE● Active	0418.071.780
Close-Axima-Fabricom CBTC● Active	0737.507.034
CLOSE COMFORT● Active	0475.479.350
CLOSE-THERSA- CUESMES● Active	1031.535.612
CLOSE-VMA-LEONIDAS● Active	1009.633.111
HE COPPIN● Active	0849.517.783
Société momentanée CLOSE - CEGELEC - E. Cavell● Active	0689.714.045
Société momentanée Close-EMT● Active	0683.656.691
Société momentanée Close-Spie● Active	0681.819.532

Annual accounts

Full financial information

	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	02/07/2026	09/07/2025	24/08/2024	23/08/2023	19/08/2022	30/08/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	29/06/2023	28/06/2022	26/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	02/07/2026	French	PDF
Full model	31/12/2024	27/06/2025	09/07/2025	French	PDF
Full model	31/12/2023	28/06/2024	24/08/2024	French	PDF
Full model	31/12/2022	29/06/2023	23/08/2023	French	PDF
Full model	31/12/2021	28/06/2022	19/08/2022	French	PDF
Full model	31/12/2020	26/06/2021	30/08/2021	French	PDF
Full model	31/12/2019	30/06/2020	08/09/2020	French	PDF
Full model	31/12/2018	25/06/2019	04/07/2019	French	PDF
Full model	31/12/2017	18/06/2018	14/08/2018	French	PDF
Full model	31/12/2016	27/06/2017	26/07/2017	French	PDF
Full model	31/12/2015	27/06/2016	04/07/2016	French	PDF
Full model	31/12/2014	30/06/2015	31/07/2015	French	PDF
Full model	31/12/2013	27/06/2014	01/07/2014	French	PDF
Full model	31/12/2012	26/06/2013	27/06/2013	French	PDF
Full model	31/12/2011	29/06/2012	02/07/2012	French	PDF
Full model	31/12/2010	24/06/2011	28/06/2011	French	PDF
Full model	31/12/2009	25/06/2010	03/08/2010	French	PDF
Full model	31/12/2008	19/06/2009	23/06/2009	French	PDF
Full model	31/12/2007	30/06/2008	01/07/2008	French	PDF
Full model	31/12/2006	22/06/2007	04/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 4 active · 72 ended

Active mandates

Close Techniques

Director · until 30 juin 2029 · 0698.822.939

Represented by Floriane Sabine Struelens

Active

Odile Marie A Close

Director · until 25 juin 2026

Active

Pascal René L Thésias

Managing director · until 30 juin 2029

Active

Vincent Ghislain Dewandre

Director · until 30 juin 2029

Active

Ended mandates

Close Techniques

Director · since 15 juin 2020 · until 15 juin 2025 · 0698.822.939

Represented by Floriane STRUELENS

Ended

Close Techniques

Director · since 15 juin 2020 · until 15 juin 2026 · 0698.822.939

Represented by Floriane STRUELENS

Ended

CLOSE COMFORT

Director · since 18 juin 2018 · until 15 juin 2020 · 0475.479.350

Represented by Magali CONNIASSELLE

Ended

CLOSE COMFORT

Director · since 18 juin 2018 · until 18 juin 2024 · 0475.479.350

Represented by Magali CONNIASSELLE

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring14/01/2026
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring18/11/2025
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates24/10/2024
DEMISSIONS, NOMINATIONS
PDF
Other05/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates05/01/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates05/01/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates05/12/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates16/06/2023
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

2025
Annual accounts 2025107,9 k €↑
31/08/2025
split
2024
Annual accounts 202469,6 k €↓
2023
Annual accounts 2023261,6 k €↓
2022
Annual accounts 2022341,2 k €↑
28/06/2022
reconductionALAIN LONHIENNE — commissaire réviseur aux comptes
2021
Annual accounts 202129,3 k €↓
2020
Annual accounts 2020105,2 k €↓
2019
Annual accounts 2019280 k €↓
2018
Annual accounts 2018970,7 k €↓
2017
Annual accounts 20171,8 M €↑
2016
Annual accounts 2016506,5 k €↑
2015
Annual accounts 2015220,6 k €↓
2013
Annual accounts 20131,8 M €↑
2012
Annual accounts 20121,8 M €↑
2011
Annual accounts 20111,6 M €↓
2010
Annual accounts 20101,9 M €↑
2009
Annual accounts 20091,8 M €↓
2008
Annual accounts 20082,6 M €↑
2007
Annual accounts 20072,1 M €↑
2006
Annual accounts 20061,8 M €
17/03/1965
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Close

Overview

What does Close do?

Trend over 19 financial years

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