CONCEPTION, ETUDES ET COOPERATION DE FORMATION
0419.831.539 · rovalta.com · 25/09/2026
ACTIVE
CONCEPTION, ETUDES ET COOPERATION DE FORMATION
Financial year 2025 · Closed on 31/12/2025
Net result1,4 M €+140,2 %over 1 year
Revenue55,1 M €+18,3 %over 1 year
Equity6,4 M €+27,8 %over 1 year
Workforce34,2 ETP-20,6 %over 1 year
Overview
Identity
Source · BCE/KBOCONCEPTION, ETUDES ET COOPERATION DE FORMATION is a Public limited company incorporated in 1979. Its registered office is in Liège. It employs on average 34,2 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0419.831.539
- Incorporation
- 01/09/1979
- Legal form
- Public limited company
- Registered office
- Rue Léon-Frédéricq 14
4020 Liège · WallonieSee on map - Contributed capital
- 2 330 000,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 34,2 ETP
Joint committees (4)
- 100
- 200
- 201
- 218
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 20 filingsTrend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 55,1 M € | +18.3% | 46,6 M € | +17.1% | 39,8 M € | -6.0% | 42,3 M € | +172% | 15,5 M € |
| EBITDA | 3 M € | +46.7% | 2,1 M € | +59.6% | 1,3 M € | -29.7% | 1,8 M € | +721% | -295,8 k € |
| Operating result | 2,8 M € | +50.0% | 1,9 M € | +54.5% | 1,2 M € | -21.8% | 1,6 M € | +548% | -351,2 k € |
| Net result | 1,4 M € | +140% | 579,2 k € | +20.0% | 482,7 k € | -52.5% | 1 M € | +267% | -607,7 k € |
| Balance sheet | |||||||||
| Equity | 6,4 M € | +27.8% | 5 M € | +13.1% | 4,4 M € | +12.2% | 3,9 M € | +34.7% | 2,9 M € |
| Total assets | 38,2 M € | +6.3% | 35,9 M € | +7.1% | 33,6 M € | +37.0% | 24,5 M € | +40.1% | 17,5 M € |
| Cash | 4 M € | -53.3% | 8,6 M € | +1024% | 763,7 k € | -67.0% | 2,3 M € | -64.8% | 6,6 M € |
| Debts | 31,7 M € | +2.7% | 30,9 M € | +6.1% | 29,1 M € | +42.2% | 20,5 M € | +41.3% | 14,5 M € |
| Other | |||||||||
| Workforce | 34,2 ETP | -20.6% | 43,1 ETP | +5.6% | 40,8 ETP | +14.0% | 35,8 ETP | +1.7% | 35,2 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20256 active · 27 ended
Active mandates
Eric De Keuleneer
ActiveActive
Active
Active
Alford Stuart
ActiveActive
Ended mandates
Other companies at this address
Rue Léon-Frédéricq 14 4020 Liège| Company | CBE no. |
|---|---|
B.B Food Services● Active | 0793.575.311 |
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ESPACE UHODA● Active | 0860.396.037 |
EUROPA EXPO● Active | 0883.649.412 |
FLASH Management● Active | 0543.613.734 |
FOLKS EVENTS● Active | 0444.931.872 |
GOUPE UHODA● Active | 0542.806.951 |
HAECHTIFY● Active | 0431.766.301 |
ICADI LAND● Active | 1010.800.871 |
Immo centre-ville● Active | 0432.848.246 |
LEENA● Active | 0826.910.449 |
LOI 42● Active | 0773.994.177 |
L'USINE A BULLES● Active | 0644.626.366 |
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| 0430.089.783 |
Financials
Full financial information
Source · NBB| 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 | 23/07/2026 | 31/07/2025 | 08/07/2024 | 24/07/2023 | 29/07/2022 | 06/07/2021 |
| General meeting | 30/06/2026 | 30/06/2025 | 28/06/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 30/06/2026 | 23/07/2026 | French | |
| Full model | 31/12/2024 | 30/06/2025 | 31/07/2025 | French | |
| Full model | 31/12/2023 | 28/06/2024 | 08/07/2024 | French | |
| Full model | 31/12/2022 | 30/06/2023 | 24/07/2023 | French | |
| Full model | 31/12/2021 | 30/06/2022 | 29/07/2022 | French | |
| Full model | 31/12/2020 | 30/06/2021 | 06/07/2021 | French | |
| Full model | 31/12/2019 | 30/06/2020 | 06/07/2020 | French | |
| Full model | 31/12/2018 | 28/06/2019 | 24/07/2019 | French | |
| Full model | 31/12/2017 | 29/06/2018 | 30/07/2018 | French | |
| Full model | 31/12/2016 | 23/06/2017 | 05/07/2017 | French | |
| Full model | 31/12/2015 | 27/05/2016 | 27/06/2016 | French | |
| Full model | 31/12/2014 | 29/05/2015 | 25/06/2015 | French | |
| Full model | 31/12/2013 | 23/06/2014 | 02/07/2014 | French | |
| Full model | 31/12/2012 | 31/05/2013 | 20/06/2013 | French | |
| Full model | 31/12/2011 | 27/06/2012 | 23/07/2012 | French | |
| Full model | 31/12/2010 | 27/05/2011 | 01/07/2011 | French | |
| Full model | 31/12/2009 | 25/06/2010 | 28/06/2010 | French | |
| Full model | 31/12/2008 | 19/06/2009 | 29/06/2009 | French | |
| Full model | 31/12/2007 | 20/06/2008 | 27/06/2008 | French | |
| Full model | 31/12/2006 | 15/06/2007 | 28/06/2007 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20256 active · 27 ended
Active mandates
Eric De Keuleneer
ActiveActive
Active
Active
Alford Stuart
ActiveActive
Ended mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates30/12/2025DEMISSIONS, NOMINATIONS
- Mandates25/09/2025DEMISSIONS, NOMINATIONS
- Mandates26/08/2025DEMISSIONS, NOMINATIONS
- Mandates24/03/2025DEMISSIONS, NOMINATIONS
- Mandates14/05/2024DEMISSIONS, NOMINATIONS
- Mandates23/08/2023DEMISSIONS, NOMINATIONS
- Mandates19/04/2023DEMISSIONS, NOMINATIONS
- Mandates19/04/2023DEMISSIONS, NOMINATIONS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,4 M €↑
- 2024Annual accounts 2024579,2 k €↑
- 2023Annual accounts 2023482,7 k €↓
- 2022Annual accounts 20221 M €↑
- 2021Annual accounts 2021-607,7 k €↓
- 2020Annual accounts 2020254,6 k €↑
- 2019Annual accounts 2019101,7 k €↑
- 2018Annual accounts 2018-24,9 k €↑
- 2017Annual accounts 2017-296,2 k €↓
- 2016Annual accounts 20161 M €↑
- 2015Annual accounts 2015114,1 k €↓
- 2014Annual accounts 2014616,8 k €↑
- 2013Annual accounts 2013163,1 k €↑
- 2012Annual accounts 2012-136,9 k €↑
- 2011Annual accounts 2011-887,2 k €↓
- 2010Annual accounts 2010250,6 k €↓
- 2009Annual accounts 2009349,1 k €↑
- 2008Annual accounts 2008301,4 k €
- 01/09/1979IncorporationPublic limited company