ACTIVE

TRACTEBEL ENGINEERING

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Financial year 2025 · closed on 31/12/2025

Net result

12,3 M €

+193.2% YoY

Revenue

332,1 M €

+10.4% YoY

Equity

176,4 M €

+7.5% YoY

Workforce

1 326,4 ETP

+2.6% YoY

What does TRACTEBEL ENGINEERING do?

TRACTEBEL ENGINEERING is a Public limited company incorporated in 1972. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Bruxelles. It employs on average 1 326,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0412.639.681

Incorporation

05/09/1972

Legal form

Public limited company

Registered office

Boulevard Simon Bolivar 36
1000 Bruxelles · BruxellesSee on map

Contributed capital

183 830 625,27 €

Latest accounts

31/12/2025

Average workforce

1 326,4 ETP

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities

Joint committees (2)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2014		2013		2012		2011		2009		2008
Income statement
Revenue	332,1 M €	+10.4%	300,9 M €	+18.7%	253,6 M €	+13.1%	224,3 M €	-2.6%	230,4 M €	-9.7%	255,1 M €	+7.5%	237,3 M €	-12.5%	271,2 M €	-8.5%	296,3 M €	+7.0%	277 M €	+0.3%	276,3 M €	-2.0%	282 M €	-1.3%	285,8 M €	+7.4%	266,2 M €	+4.2%	255,4 M €	+1146%	20,5 M €
EBITDA	30,9 M €	+206%	10,1 M €	+96.2%	5,1 M €	+127%	-19,1 M €	-250%	-5,5 M €	-443%	-1 M €	-121%	4,7 M €	-89.3%	44,4 M €	-24.2%	58,5 M €	+19.3%	49,1 M €	-13.4%	56,7 M €	-21.1%	71,8 M €	+1.1%	71 M €	-6.5%	75,9 M €	+49.2%	50,9 M €	+6709%	747,3 k €
Operating result	20,4 M €	+147%	8,2 M €	+397%	1,7 M €	+110%	-16,1 M €	-85.8%	-8,7 M €	-293%	-2,2 M €	-199%	2,2 M €	-67.7%	6,9 M €	-66.1%	20,3 M €	+112%	9,6 M €	-45.8%	17,7 M €	-47.4%	33,6 M €	+1.4%	33,1 M €	-17.4%	40,1 M €	+168%	14,9 M €	+1651%	853,5 k €
Net result	12,3 M €	+193%	4,2 M €	+521%	-998,7 k €	+93.6%	-15,5 M €	-132%	-6,7 M €	-856%	884,3 k €	+103%	-25,7 M €	-309%	12,3 M €	+46.6%	8,4 M €	+5662%	-151,3 k €	-101%	25,8 M €	-17.1%	31,1 M €	-4.7%	32,6 M €	-21.4%	41,5 M €	+1297%	-3,5 M €	-379%	1,2 M €
Balance sheet
Equity	176,4 M €	+7.5%	164 M €	+2.6%	159,8 M €	-0.6%	160,8 M €	-8.8%	176,3 M €	-63.9%	488 M €	+0.2%	487,1 M €	-7.2%	524,8 M €	+2.4%	512,5 M €	+0.2%	511,6 M €	+0.1%	510,9 M €	+0.3%	509,6 M €	+0.3%	508,1 M €	+0.3%	506,4 M €	+1.3%	500,1 M €	+13895%	3,6 M €
Total assets	350,5 M €	+4.2%	336,5 M €	+8.0%	311,7 M €	+7.2%	290,6 M €	-7.2%	313 M €	-49.6%	621,2 M €	+0.7%	617,2 M €	-6.3%	659 M €	-2.5%	676,2 M €	+3.4%	653,6 M €	-3.0%	673,7 M €	+2.7%	655,8 M €	-1.8%	667,5 M €	-1.8%	679,6 M €	-1.0%	686,4 M €	+3713%	18 M €
Cash	4,4 M €	-24.0%	5,8 M €	+55.9%	3,7 M €	-37.6%	5,9 M €	+126%	2,6 M €	-70.0%	8,8 M €	+3.2%	8,5 M €	-13.7%	9,8 M €	+34.3%	7,3 M €	+19.8%	6,1 M €	-38.9%	10 M €	+83.7%	5,4 M €	+0.1%	5,4 M €	+78.9%	3 M €	-12.6%	3,5 M €	+545%	539,4 k €
Debts	161,9 M €	+0.5%	161,2 M €	+9.1%	147,7 M €	+18.4%	124,8 M €	-6.2%	133,1 M €	+3.6%	128,4 M €	+3.7%	123,8 M €	-4.3%	129,4 M €	-16.4%	154,9 M €	+16.3%	133,2 M €	-15.8%	158,2 M €	+10.9%	142,6 M €	-6.6%	152,7 M €	-6.4%	163,1 M €	-10.3%	181,9 M €	+1162%	14,4 M €
Other
Workforce	1 326,4 ETP	+2.6%	1 292,8 ETP	+8.2%	1 194,3 ETP	+4.3%	1 145,1 ETP	-3.1%	1 181,8 ETP	+1.4%	1 165,4 ETP	+3.6%	1 125,3 ETP	+1.3%	1 110,6 ETP	+1.9%	1 090,4 ETP	-0.7%	1 098,3 ETP	+0.0%	1 098,1 ETP	-3.0%	1 132,0 ETP	-3.5%	1 173,1 ETP	+37.7%	851,9 ETP	-6.0%	905,9 ETP	+90490%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 83 ended

Active mandates

Denis DUMONT

Managing director · since 13 mai 2025 · until 08 mai 2029

Active

Cedric OSTERRIETH

Director · since 14 mai 2024 · until 11 mai 2027

Active

Anne HARVENGT

Director · since 01 mai 2024 · until 11 mai 2027

Active

Ended mandates

Denis DUMONT

Managing director · since 03 juin 2022 · until 13 mai 2025

Ended

Denis DUMONT

Managing director · since 26 avril 2022 · until 13 mai 2025

Ended

Denis DUMONT

Managing director · since 26 avril 2022 · until 11 mai 2027

Ended

Sabien VERMEULEN

Director · since 03 février 2022 · until 13 mai 2022

Ended

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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	29/05/2026	07/07/2025	14/06/2024	10/07/2023	18/07/2022	13/07/2021
General meeting	12/05/2026	03/06/2025	14/05/2024	09/05/2023	03/06/2022	01/06/2021
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

45 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	12/05/2026	04/06/2026	English	PDF
Full model	31/12/2025	12/05/2026	29/05/2026	Dutch	PDF
Full model	31/12/2025	12/05/2026	19/05/2026	French	PDF
Full model	31/12/2024	03/06/2025	07/07/2025	Dutch	PDF
Full model	31/12/2024	03/06/2025	27/06/2025	French	PDF
Full model	31/12/2023	14/05/2024	14/06/2024	French	PDF
Full model	31/12/2022	09/05/2023	10/07/2023	French	PDF
Full model	31/12/2021	03/06/2022	19/07/2022	English	PDF
Full model	31/12/2021	03/06/2022	18/07/2022	Dutch	PDF
Full model	31/12/2021	03/06/2022	18/07/2022	French	PDF
Full model	31/12/2020	01/06/2021	13/07/2021	Dutch	PDF
Full model	31/12/2020	01/06/2021	13/07/2021	English	PDF
Full model	31/12/2020	01/06/2021	05/07/2021	French	PDF
Full model	31/12/2019	12/05/2020	13/07/2020	English	PDF
Full model	31/12/2019	12/05/2020	13/07/2020	Dutch	PDF
Full model	31/12/2019	12/05/2020	02/06/2020	French	PDF
Full model	31/12/2018	09/07/2019	22/08/2019	English	PDF
Full model	31/12/2018	09/07/2019	26/07/2019	Dutch	PDF
Full model	31/12/2018	09/07/2019	22/07/2019	French	PDF
Full model	31/12/2017	08/05/2018	11/07/2018	Dutch	PDF
Full model	31/12/2017	08/05/2018	06/07/2018	English	PDF
Full model	31/12/2017	08/05/2018	29/05/2018	French	PDF
Full model	31/12/2016	09/05/2017	24/08/2017	English	PDF
Full model	31/12/2016	09/05/2017	17/08/2017	Dutch	PDF

View all 45 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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 · 3 active · 83 ended

Active mandates

Denis DUMONT

Managing director · since 13 mai 2025 · until 08 mai 2029

Active

Cedric OSTERRIETH

Director · since 14 mai 2024 · until 11 mai 2027

Active

Anne HARVENGT

Director · since 01 mai 2024 · until 11 mai 2027

Active

Ended mandates

Denis DUMONT

Managing director · since 03 juin 2022 · until 13 mai 2025

Ended

Denis DUMONT

Managing director · since 26 avril 2022 · until 13 mai 2025

Ended

Denis DUMONT

Managing director · since 26 avril 2022 · until 11 mai 2027

Ended

Sabien VERMEULEN

Director · since 03 février 2022 · until 13 mai 2022

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/09/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates14/09/2026
DEMISSIONS, NOMINATIONS
PDF
Capital / shares27/07/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Capital / shares27/07/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Restructuring16/06/2026
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring16/06/2026
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Other15/06/2026
DIVERSEN
PDF
Other15/06/2026
DIVERS
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

01/06/2026
nominationThierry Saegeman — bestuurder
2025
Annual accounts 202512,3 M €↑
2024
Annual accounts 20244,2 M €↑
2023
Annual accounts 2023-998,7 k €↑
2022
Annual accounts 2022-15,5 M €↓
03/06/2022
nominationSabien Vermeulen — bestuurder
03/06/2022
nominationSabien Vermeulen — administrateur
26/04/2022
nominationDenis Dumont — bestuurder
26/04/2022
nominationDenis Dumont — gedelegeerd bestuurder
26/04/2022
nominationDenis Dumont — administrateur
26/04/2022
nominationDenis Dumont — administrateur délégué
2021
Annual accounts 2021-6,7 M €↓
2020
Annual accounts 2020884,3 k €↑
2019
Annual accounts 2019-25,7 M €↓
2018
Annual accounts 201812,3 M €↑
2017
Annual accounts 20178,4 M €↑
2016
Annual accounts 2016-151,3 k €↓
2014
Annual accounts 201425,8 M €↓
2013
Annual accounts 201331,1 M €↓
2012
Annual accounts 201232,6 M €↓
2011
Annual accounts 201141,5 M €↑
2009
Annual accounts 2009-3,5 M €↓
2008
Annual accounts 20081,2 M €
05/09/1972
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

TRACTEBEL ENGINEERING

Overview

What does TRACTEBEL ENGINEERING do?

Trend over 16 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