NORMAL SITUATION

l'Esplanade

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Financial year 2025 · closed on 31/12/2025

Net result

-26,6 k €

-212.3% YoY

Revenue

7,2 M €

+1.1% YoY

Equity

5,1 M €

-1.9% YoY

Workforce

108,3 ETP

-1.9% YoY

Company — Normal situation.

What does l'Esplanade do?

l'Esplanade is a company registered in Belgium. It employs on average 108,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0409.232.013

Legal form

Non-profit organization

Latest accounts

31/12/2025

Average workforce

108,3 ETP

Joint committees (1)

Signals

Solid equityGood liquidityPositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Revenue	7,2 M €	+1.1%	7,1 M €	+3.4%	6,9 M €	+6.2%	6,5 M €	+13.9%	5,7 M €	-1.4%	5,8 M €	+2.2%	5,6 M €	+3.7%	5,4 M €	+2.1%	5,3 M €	+4.8%	5,1 M €	+3.6%	4,9 M €	+1.9%	4,8 M €	+3.1%	4,7 M €	+5.6%	4,4 M €	+0.8%	4,4 M €	+2.3%	4,3 M €
EBITDA	461,2 k €	-9.7%	510,8 k €	-35.1%	787,4 k €	+21.5%	648,2 k €	+37.4%	471,7 k €	-12.5%	539,4 k €	-21.3%	685,1 k €	+25.9%	543,9 k €	-2.4%	557,2 k €	-2.9%	573,8 k €	-4.2%	599,3 k €	-4.7%	628,9 k €	-2.1%	642,1 k €	+22.9%	522,2 k €	-17.8%	635,4 k €	-15.4%	751,2 k €
Operating result	-79 k €	-115%	-36,7 k €	-115%	248,2 k €	+129%	108,4 k €	+997%	-12,1 k €	-122%	55,8 k €	-74.0%	214,6 k €	+233%	64,5 k €	+5.4%	61,3 k €	-43.6%	108,6 k €	-28.3%	151,5 k €	-20.4%	190,3 k €	-6.8%	204,2 k €	+139%	85,3 k €	-58.3%	204,6 k €	-37.1%	325,1 k €
Net result	-26,6 k €	-212%	23,7 k €	-91.7%	286 k €	+117%	131,8 k €	+4839%	2,7 k €	-95.7%	62,6 k €	-70.3%	211,2 k €	+240%	62,1 k €	+68.8%	36,8 k €	-76.3%	155,4 k €	+33.9%	116,1 k €	-12.4%	132,5 k €	+18.2%	112,1 k €	+501%	-27,9 k €	-132%	87,2 k €	-55.1%	194 k €
Balance sheet
Equity	5,1 M €	-1.9%	5,2 M €	-1.0%	5,3 M €	+4.2%	5,1 M €	+1.2%	5 M €	-1.4%	5,1 M €	-0.2%	5,1 M €	+2.8%	5 M €	-0.4%	5 M €	-0.9%	5 M €	+1.5%	4,9 M €	+0.7%	4,9 M €	+1.1%	4,9 M €	+0.6%	4,8 M €	-2.5%	4,9 M €	+0.1%	4,9 M €
Total assets	7,7 M €	+1.2%	7,6 M €	-2.8%	7,8 M €	+1.7%	7,7 M €	-0.1%	7,7 M €	+1.1%	7,6 M €	-2.4%	7,8 M €	+0.7%	7,7 M €	-3.6%	8 M €	-4.3%	8,4 M €	-2.2%	8,6 M €	-4.0%	8,9 M €	-2.3%	9,1 M €	-2.8%	9,4 M €	-4.7%	9,9 M €	-1.6%	10 M €
Cash	1,3 M €	+132%	555,1 k €	-4.0%	577,9 k €	-6.8%	620,4 k €	+11.4%	557 k €	+20.3%	463,1 k €	+40.5%	329,7 k €	+106%	160,1 k €	-11.2%	180,2 k €	-22.8%	233,5 k €	-14.8%	274 k €	-2.9%	282 k €	-10.8%	316,2 k €	+24.3%	254,3 k €	-51.9%	528,9 k €	+52.9%	345,9 k €
Debts	2,5 M €	+9.5%	2,3 M €	-6.7%	2,5 M €	-2.0%	2,5 M €	-4.6%	2,7 M €	+8.3%	2,4 M €	-8.5%	2,7 M €	-2.9%	2,8 M €	-8.9%	3 M €	-9.4%	3,3 M €	-7.2%	3,6 M €	-9.7%	4 M €	-6.3%	4,3 M €	-6.2%	4,5 M €	-5.7%	4,8 M €	-4.8%	5 M €
Other
Workforce	108,3 ETP	-1.9%	110,4 ETP	+1.0%	109,3 ETP	+1.3%	107,9 ETP	+2.8%	105,0 ETP	+2.2%	102,7 ETP	+3.8%	98,9 ETP	+2.8%	96,2 ETP	+0.4%	95,8 ETP	+4.7%	91,5 ETP	+3.0%	88,8 ETP	+3.0%	86,2 ETP	+6.2%	81,2 ETP	+0.5%	80,8 ETP	+2.1%	79,1 ETP	+2.3%	77,3 ETP

Governance

Board of directors

Seen on filing of 31/12/2025 · 9 active · 47 ended

Active mandates

Nicolas THIELEN

Director · since 01 janvier 2025 · until 30 juin 2031

Active

Valentine VERACHTERT

Director · since 01 juillet 2024 · until 30 juin 2030

Active

A. VAN WYMERSCH

Director · since 15 juin 2024 · until 30 juin 2030

Active

Daniel DUQUESNE

Director · since 15 juin 2024 · until 30 juin 2030

Active

M.P. ECHTERBILLE

Director · since 15 juin 2024 · until 30 juin 2030

Active

Luc DUSOULIER

Director · since 01 juillet 2023 · until 30 juin 2029

Active

B. DASCOTTE

Director · since 15 juin 2023 · until 30 juin 2029

Active

Vincent VAN LEYNSEELE

Chairman of the board of directors · since 16 juin 2021 · until 30 juin 2027

Active

Nicolas THIELEN

Director · since 19 décembre 2019 · until 31 décembre 2025

Active

Ended mandates

Gwenaël VANZEVEREN

Director · since 31 août 2020 · until 13 juin 2023

Ended

A. VAN WYMERSCH

Director · since 15 juin 2018 · until 14 juin 2024

Ended

B. DASCOTTE

Director · since 15 juin 2018 · until 14 juin 2024

Ended

Daniel DUQUESNE

Director · since 15 juin 2018 · until 14 juin 2024

Ended

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	30/06/2026	29/10/2025	12/08/2024	26/09/2023	05/04/2023	03/01/2022
General meeting	31/03/2026	12/06/2025	18/06/2024	22/06/2023	08/06/2022	09/06/2021
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	31/03/2026	30/06/2026	French	PDF
Full model	31/12/2024	12/06/2025	29/10/2025	French	PDF
Full model	31/12/2023	18/06/2024	12/08/2024	French	PDF
Full model	31/12/2022	22/06/2023	26/09/2023	French	PDF
Full model	31/12/2021	08/06/2022	05/04/2023	French	PDF
Full model	31/12/2020	09/06/2021	03/01/2022	French	PDF
Full model	31/12/2019	31/08/2020	29/10/2020	French	PDF
Full model	31/12/2018	27/06/2019	05/09/2019	French	PDF
Full model	31/12/2017	19/06/2018	12/09/2018	French	PDF
Full model	31/12/2016	20/06/2017	22/08/2017	French	PDF
Full model	31/12/2015	21/06/2016	04/05/2017	French	PDF
Full model	31/12/2014	16/06/2015	24/10/2015	French	PDF
Full model	31/12/2013	18/06/2014	28/11/2014	French	PDF
Full model	31/12/2012	04/06/2013	11/12/2013	French	PDF
Full model	31/12/2011	11/06/2012	03/10/2012	French	PDF
Full model	31/12/2010	05/07/2011	07/09/2011	French	PDF
Full model	31/12/2009	28/06/2010	26/10/2010	French	PDF
Full model	31/12/2008	01/07/2009	16/07/2009	French	PDF
Full model	31/12/2007	23/06/2008	05/09/2008	French	PDF
Full model	31/12/2006	27/06/2007	17/08/2007	French	PDF

Estimate

Indicative valuation

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 · 9 active · 47 ended

Active mandates

Nicolas THIELEN

Director · since 01 janvier 2025 · until 30 juin 2031

Active

Valentine VERACHTERT

Director · since 01 juillet 2024 · until 30 juin 2030

Active

A. VAN WYMERSCH

Director · since 15 juin 2024 · until 30 juin 2030

Active

Daniel DUQUESNE

Director · since 15 juin 2024 · until 30 juin 2030

Active

M.P. ECHTERBILLE

Director · since 15 juin 2024 · until 30 juin 2030

Active

Luc DUSOULIER

Director · since 01 juillet 2023 · until 30 juin 2029

Active

B. DASCOTTE

Director · since 15 juin 2023 · until 30 juin 2029

Active

Vincent VAN LEYNSEELE

Chairman of the board of directors · since 16 juin 2021 · until 30 juin 2027

Active

Nicolas THIELEN

Director · since 19 décembre 2019 · until 31 décembre 2025

Active

Ended mandates

Gwenaël VANZEVEREN

Director · since 31 août 2020 · until 13 juin 2023

Ended

A. VAN WYMERSCH

Director · since 15 juin 2018 · until 14 juin 2024

Ended

B. DASCOTTE

Director · since 15 juin 2018 · until 14 juin 2024

Ended

Daniel DUQUESNE

Director · since 15 juin 2018 · until 14 juin 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution21/05/2026
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
PDF
Mandates14/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates29/08/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates27/12/2023
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 2025-26,6 k €↓
2024
Annual accounts 202423,7 k €↓
2023
Annual accounts 2023286 k €↑
2022
Annual accounts 2022131,8 k €↑
2021
Annual accounts 20212,7 k €↓
2020
Annual accounts 202062,6 k €↓
2019
Annual accounts 2019211,2 k €↑
2018
Annual accounts 201862,1 k €↑
2017
Annual accounts 201736,8 k €↓
2016
Annual accounts 2016155,4 k €↑
2015
Annual accounts 2015116,1 k €↓
2014
Annual accounts 2014132,5 k €↑
2013
Annual accounts 2013112,1 k €↑
2012
Annual accounts 2012-27,9 k €↓
2011
Annual accounts 201187,2 k €↓
2010
Annual accounts 2010194 k €

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

l'Esplanade

Overview

What does l'Esplanade do?

Trend over 16 financial years

Board of directors

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