ACTIVE

Etex New Ways

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Financial year 2025 · Closed on 31/12/2025

Net result-81,7 M €-46,7 %over 1 year
Revenue681,6 k €-53,9 %over 1 year
Equity49,4 M €-62,3 %over 1 year
Workforce4,5 ETP-35,7 %over 1 year

Identity

Source · BCE/KBO

Etex New Ways is a Public limited company incorporated in 1977. Its main activity is: Computer consultancy activities. Its registered office is in Zaventem. It employs on average 4,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0416.906.988
Incorporation
28/01/1977
Legal form
Public limited company
Registered office
Luchthaven Brussel Nationaal 1K
1930 Zaventem · FlandreSee on map
Contributed capital
196 990 237,00 €
Latest accounts
31/12/2025
Average workforce
4,5 ETP
Joint committees (2)
  • 100
  • 218
Signals
Solid equityHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue681,6 k €1,5 M €2,2 M €2,6 M €1,3 M €
EBITDA-5,2 M €-4,3 M €-5,8 M €-1,9 M €-166,2 k €
Operating result-4,3 M €-2,4 M €-7,5 M €-2,8 M €-779,3 k €
Net result-81,7 M €-55,7 M €-10,3 M €-6,1 M €-25,7 M €
Balance sheet
Equity49,4 M €131,1 M €36,8 M €26,1 M €32,3 M €
Total assets56,6 M €133,4 M €99,4 M €28,6 M €33,8 M €
Cash–––––
Debts6,3 M €1,1 M €60,9 M €1,1 M €933,8 k €
Other
Workforce4,5 ETP7,0 ETP5,9 ETP4,8 ETP3,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 58 ended

Active mandates

Giulio Pollina

Director · since 30 mai 2024 · until 30 mai 2030

Active
Balemans Patrick

Director · since 29 juin 2021 · until 27 mai 2027

Active
Melchior Marie H. De Vogüé

Director · since 09 juin 2020 · until 28 mai 2026

Active

Ended mandates

Christophe Querry

Director · since 22 octobre 2021 · until 30 mai 2024

Ended
Querry Christophe

Director · since 22 octobre 2021 · until 27 mai 2027

Ended
Melchior De Vogüé

Director · since 09 juin 2020 · until 28 mai 2026

Ended
CRISTIAN MONTES LAHAYE

Director · since 01 janvier 2020 · until 29 mai 2025

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/05/202625/06/202513/06/202415/06/202315/06/202201/07/2021
General meeting28/05/202628/05/202530/05/202425/05/202330/05/202229/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202528/05/202629/05/2026DutchPDF
Full model31/12/202428/05/202525/06/2025DutchPDF
Full model31/12/202330/05/202413/06/2024DutchPDF
Full model31/12/202225/05/202315/06/2023DutchPDF
Full model31/12/202130/05/202215/06/2022DutchPDF
Full model31/12/202029/06/202101/07/2021DutchPDF
Full model31/12/201928/05/202028/07/2020DutchPDF
Full model31/12/201831/05/201926/06/2019DutchPDF
Full model31/12/201731/05/201813/06/2018DutchPDF
Full model31/12/201629/05/201722/06/2017DutchPDF
Full model31/12/201526/05/201615/06/2016DutchPDF
Full model31/12/201428/05/201508/06/2015DutchPDF
Full model31/12/201302/06/201417/06/2014DutchPDF
Full model31/12/201230/05/201318/06/2013DutchPDF
Full model31/12/201131/05/201205/06/2012DutchPDF
Full model31/12/201026/05/201127/05/2011DutchPDF
Full model31/12/200927/05/201009/06/2010DutchPDF
Full model31/12/200828/05/200909/06/2009DutchPDF
Full model31/12/200729/05/200812/06/2008DutchPDF
Full model31/12/200631/05/200714/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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

3 active · 58 ended

Active mandates

Giulio Pollina

Director · since 30 mai 2024 · until 30 mai 2030

Active
Balemans Patrick

Director · since 29 juin 2021 · until 27 mai 2027

Active
Melchior Marie H. De Vogüé

Director · since 09 juin 2020 · until 28 mai 2026

Active

Ended mandates

Christophe Querry

Director · since 22 octobre 2021 · until 30 mai 2024

Ended
Querry Christophe

Director · since 22 octobre 2021 · until 27 mai 2027

Ended
Melchior De Vogüé

Director · since 09 juin 2020 · until 28 mai 2026

Ended
CRISTIAN MONTES LAHAYE

Director · since 01 janvier 2020 · until 29 mai 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares20/12/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates24/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares08/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates10/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares24/08/2021
    KAPITAAL - AANDELEN
    PDF
  • Mandates19/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-81,7 M €↓
  2. 29/05/2025
    nominationSofie Van Grieken — commissaris
  3. 2024
    Annual accounts 2024-55,7 M €↓
  4. 26/11/2024
    augmentation_capital
  5. 30/05/2024
    nominationGiulio Pollina — bestuurder
  6. 30/05/2024
    nominationPeter Van den Eynde — commissaris
  7. 2023
    Annual accounts 2023-10,3 M €↓
  8. 14/12/2023
    augmentation_capital
  9. 14/12/2023
    reduction_capital
  10. 2022
    Annual accounts 2022-6,1 M €↑
  11. 2021
    Annual accounts 2021-25,7 M €↓
  12. 2020
    Annual accounts 2020-1,1 M €↓
  13. 2019
    Annual accounts 2019-9 k €↓
  14. 2018
    Annual accounts 2018165,4 k €↓
  15. 2016
    Annual accounts 20161,2 M €↑
  16. 2015
    Annual accounts 2015672 k €↑
  17. 2014
    Annual accounts 2014640,3 k €↓
  18. 2013
    Annual accounts 20131,4 M €↑
  19. 2012
    Annual accounts 20121,4 M €↑
  20. 2011
    Annual accounts 2011599,9 k €↑
  21. 2010
    Annual accounts 2010439,3 k €↓
  22. 2009
    Annual accounts 2009720,9 k €↑
  23. 2008
    Annual accounts 200893,7 k €
  24. 28/01/1977
    IncorporationPublic limited company