SOCIETE PUBLIQUE DE GESTION DE L'EAU
0420.651.980 · rovalta.com · 10/11/2026
ACTIVE
SOCIETE PUBLIQUE DE GESTION DE L'EAU
Financial year 2025 · Closed on 31/12/2025
Net result27,3 M €+435,5 %over 1 year
Revenue450,2 M €+9,3 %over 1 year
Equity2,1 Md €+2,9 %over 1 year
Workforce65,0 ETP+12,1 %over 1 year
Overview
Identity
Source · BCE/KBOSOCIETE PUBLIQUE DE GESTION DE L'EAU is a Public limited company incorporated in 1980. Its main activity is: Sewerage. Its registered office is in Verviers. It employs on average 65,0 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0420.651.980
- Incorporation
- 16/07/1980
- Legal form
- Public limited company
- Registered office
- Rue des Ecoles 17-19
4800 Verviers · WallonieSee on map - Contributed capital
- 1 830 118 300,49 €
- Latest accounts
- 31/12/2025
- Average workforce
- 65,0 ETP
Activities (NACE)
Joint committees (1)
- 200
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 20 filingsTrend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 450,2 M € | +9.3% | 411,9 M € | +1.4% | 406,3 M € | -1.8% | 413,8 M € | +0.2% | 413 M € |
| EBITDA | 139,7 M € | +41.2% | 98,9 M € | -3.7% | 102,7 M € | -16.3% | 122,7 M € | -21.3% | 155,9 M € |
| Operating result | 79,2 M € | +97.1% | 40,2 M € | -26.8% | 54,9 M € | +7.0% | 51,3 M € | -39.5% | 84,8 M € |
| Net result | 27,3 M € | +435% | -8,1 M € | -206% | 7,7 M € | +3.6% | 7,4 M € | -71.4% | 25,8 M € |
| Balance sheet | |||||||||
| Equity | 2,1 Md € | +2.9% | 2,1 Md € | +1.4% | 2,1 Md € | +2.2% | 2 Md € | +4.8% | 1,9 Md € |
| Total assets | 4,1 Md € | +5.9% | 3,8 Md € | +2.5% | 3,7 Md € | -1.4% | 3,8 Md € | +0.0% | 3,8 Md € |
| Cash | 118,4 M € | +394% | 24 M € | -21.2% | 30,4 M € | -77.1% | 132,9 M € | +98.5% | 66,9 M € |
| Debts | 1,8 Md € | +9.4% | 1,7 Md € | +4.4% | 1,6 Md € | -4.8% | 1,7 Md € | -4.3% | 1,8 Md € |
| Other | |||||||||
| Workforce | 65,0 ETP | +12.1% | 58,0 ETP | +10.1% | 52,7 ETP | -2.8% | 54,2 ETP | -8.6% | 59,3 ETP |
Board of directors
Source · NBB, accounts to 31/12/202520 active · 57 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Alain GILLIS | Director15/04/2011 → 18/06/2030Vice-chairman of the board of directors15/04/2011 → 2018 accountsended | ||
Emmanuelle VANDAMME | Vice-chairman of the board of directors18/06/2025 → 18/06/2030 | ||
Hélène LEBRUN | Director18/06/2025 → 18/06/2030 | ||
Jean-Denis LEJEUNE | Director18/06/2025 → 18/06/2030 | ||
Maxime DEGEY | Director18/06/2025 → 18/06/2030 | ||
Mélanie LEPONCE | Director18/01/2024 → 18/06/2030 | ||
Mireille FRANCOTTE | Director20/12/2023 → 18/06/2030 | ||
Nicola DE PALMA | Director18/06/2025 → 18/06/2030 | ||
Pierre DEMOLIN | Director18/06/2025 → 18/06/2030 | ||
Pierre LEONARD | Director20/12/2023 → 18/06/2030 | ||
Stéphane NICOLAS | Chairman of the board of directors18/06/2025 → 18/06/2030 | ||
Thomas SALDEN | Director20/12/2023 → 18/06/2030 | ||
Véronique DELVAUX MAULEON | Director18/06/2025 → 18/06/2030 | ||
André ROBERT | Director18/01/2024 → 18/06/2025 | ||
Michel LEMMENS | Director18/01/2024 → 18/06/2025 | ||
Christina DEWART | Director20/12/2023 → 18/06/2025 | ||
DIEGO SANGES | Director20/12/2023 → 18/06/2025 | ||
Dominique PERRIN | Director20/12/2023 → 18/06/2025Government commissioner15/04/2011 → 2015 accountsended | ||
Laurence LAMBERT | Chairman of the board of directors20/12/2023 → 18/06/2025 | ||
Sophie DELETTRE | Director20/12/2023 → 18/06/2025 |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Valérie CAVERENNE | Director20/12/2023 → 25/06/2024 | ||
Valérie DEJARDIN | Vice-chairman of the board of directors20/12/2023 → 25/06/2024 | ||
Mathurin SMOOS | Director21/06/2021 → 2023 accounts | ||
Jean-Marie BREBANT | Director19/03/2021 → 2023 accounts |
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 | 06/07/2026 | 14/07/2025 | 09/07/2024 | 14/07/2023 | 26/08/2022 | 29/06/2021 |
| General meeting | 15/06/2026 | 16/06/2025 | 17/06/2024 | 19/06/2023 | 20/06/2022 | 21/06/2021 |
| 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 freeAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 15/06/2026 | 06/07/2026 | French | |
| Full model | 31/12/2024 | 16/06/2025 | 14/07/2025 | French | |
| Full model | 31/12/2023 | 17/06/2024 | 09/07/2024 | French | |
| Full model | 31/12/2022 | 19/06/2023 | 14/07/2023 | French | |
| Full model | 31/12/2021 | 20/06/2022 | 26/08/2022 | French | |
| Full model | 31/12/2020 | 21/06/2021 | 29/06/2021 | French | |
| Full model | 31/12/2019 | 15/06/2020 | 15/07/2020 | French | |
| Full model | 31/12/2018 | 17/06/2019 | 15/07/2019 | French | |
| Full model | 31/12/2017 | 18/06/2018 | 17/07/2018 | French | |
| Full model | 31/12/2016 | 19/06/2017 | 07/07/2017 | French | |
| Full model | 31/12/2015 | 20/06/2016 | 01/07/2016 | French | |
| Full model | 31/12/2014 | 15/06/2015 | 14/07/2015 | French | |
| Full model | 31/12/2013 | 16/06/2014 | 14/07/2014 | French | |
| Full model | 31/12/2012 | 17/06/2013 | 01/07/2013 | French | |
| Full model | 31/12/2011 | 18/06/2012 | 13/07/2012 | French | |
| Full model | 31/12/2010 | 20/06/2011 | 20/07/2011 | French | |
| Full model | 31/12/2009 | 21/06/2010 | 26/07/2010 | French | |
| Full model | 31/12/2008 | 15/06/2009 | 07/07/2009 | French | |
| Full model | 31/12/2007 | 16/06/2008 | 01/07/2008 | French | |
| Full model | 31/12/2006 | 18/06/2007 | 25/06/2007 | French |
Valuation
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.
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 31/12/202520 active · 57 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Alain GILLIS | Director15/04/2011 → 18/06/2030Vice-chairman of the board of directors15/04/2011 → 2018 accountsended | ||
Emmanuelle VANDAMME | Vice-chairman of the board of directors18/06/2025 → 18/06/2030 | ||
Hélène LEBRUN | Director18/06/2025 → 18/06/2030 | ||
Jean-Denis LEJEUNE | Director18/06/2025 → 18/06/2030 | ||
Maxime DEGEY | Director18/06/2025 → 18/06/2030 | ||
Mélanie LEPONCE | Director18/01/2024 → 18/06/2030 | ||
Mireille FRANCOTTE | Director20/12/2023 → 18/06/2030 | ||
Nicola DE PALMA | Director18/06/2025 → 18/06/2030 | ||
Pierre DEMOLIN | Director18/06/2025 → 18/06/2030 | ||
Pierre LEONARD | Director20/12/2023 → 18/06/2030 | ||
Stéphane NICOLAS | Chairman of the board of directors18/06/2025 → 18/06/2030 | ||
Thomas SALDEN | Director20/12/2023 → 18/06/2030 | ||
Véronique DELVAUX MAULEON | Director18/06/2025 → 18/06/2030 | ||
André ROBERT | Director18/01/2024 → 18/06/2025 | ||
Michel LEMMENS | Director18/01/2024 → 18/06/2025 | ||
Christina DEWART | Director20/12/2023 → 18/06/2025 | ||
DIEGO SANGES | Director20/12/2023 → 18/06/2025 | ||
Dominique PERRIN | Director20/12/2023 → 18/06/2025Government commissioner15/04/2011 → 2015 accountsended | ||
Laurence LAMBERT | Chairman of the board of directors20/12/2023 → 18/06/2025 | ||
Sophie DELETTRE | Director20/12/2023 → 18/06/2025 |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Valérie CAVERENNE | Director20/12/2023 → 25/06/2024 | ||
Valérie DEJARDIN | Vice-chairman of the board of directors20/12/2023 → 25/06/2024 | ||
Mathurin SMOOS | Director21/06/2021 → 2023 accounts | ||
Jean-Marie BREBANT | Director19/03/2021 → 2023 accounts |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Other11/03/2026DIVERS
- Other05/02/2026STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates08/12/2025DEMISSIONS, NOMINATIONS
- Mandates24/06/2025DEMISSIONS, NOMINATIONS
- Other16/06/2025DIVERS
- Other25/06/2024DIVERS
- Capital / shares25/06/2024CAPITAL, ACTIONS - DIVERS
- Other10/05/2024STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
Emmanuelle VANDAMME
Véronique DELVAUX MAULEON
Pierre DEMOLIN
Mélanie LEPONCE
Jean-Denis LEJEUNE
Nicola DE PALMA
Thomas SALDEN
Pierre LEONARD
Alain GILLIS
Hélène LEBRUN
Maxime DEGEY
Stéphane NICOLAS
198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030
SPGESociété Publique de Gestion de l'Eau
Rue des Ecoles 17-19, 4800 Verviers
Vice-chairman of the board of directors
Director
Director
Director
Director
Director
Director
Director
DirectorVice-chairman of the board of directors
Director
Director
Chairman of the board of directors
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Rue des Ecoles 17-19, 4800 VerviersCurrent | accounts 2022 → 2025 | Accounts 2025 · 2026-00275187 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| SOCIETE PUBLIQUE DE GESTION DE L'EAUCurrent | CBE | |
| SPGE | accounts 2023 → 2025 | Accounts 2025 · 2026-00275187 |
| Société Publique de Gestion de l'Eau | accounts 2006 → 2022 | Accounts 2022 · 2023-00251762 |
Events
- 2025Annual accounts 202527,3 M €↑
- 18/06/2025nominationStéphane NICOLAS · président
- 18/06/2025nominationEmmanuelle VANDAMME · vice-présidente
- 18/06/2025nominationHélène LEBRUN · administrateur
- 18/06/2025nominationAlain GILLIS · administrateur
- 18/06/2025nominationMaxime DEGEY · administrateur
- 18/06/2025nominationThomas SALDEN · administrateur
- 18/06/2025nominationMélanie LEPONCE · administrateur
- 18/06/2025nominationJean-Denis LEJEUNE · administrateur
- 18/06/2025nominationMireille FRANCOTTE · administrateur
- 18/06/2025nominationNicolas DE PALMA · administrateur
- 18/06/2025nominationPierre DEMOLIN · administrateur
- 18/06/2025nominationPierre LEONARD · administrateur
- 18/06/2025nominationVéronique DELAVAUX - MAULEON · administrateur
- 05/06/2025nominationAlain BOLLY · membre du Collège des commissaires aux comptes
- 2024Annual accounts 2024-8,1 M €↓
- 01/01/2024nominationEric VAN SEVENANT · membre du Comité de direction
- 01/01/2024nominationFrançois GABRIEL · membre du Comité de direction
- 01/01/2024nominationCyprien DEVILERS · membre du Comité de direction
- 01/01/2024nominationLaurence LAMBERT · Présidence
- 01/01/2024nominationValérie DEJARDIN · Vice-Présidence
- 01/01/2024nominationMireille FRANCOTTE · administrateur
- 01/01/2024nominationDiego SANGES · administrateur
- 01/01/2024nominationMichel LEMMENS · administrateur
- 01/01/2024nominationChristina DEWART · administrateur
- 01/01/2024nominationSophie DELETTRE · administrateur
- 01/01/2024nominationValérie CAVERENNE-WARZEE · administrateur
- 01/01/2024nominationThomas SALDEN · administrateur
- 01/01/2024nominationAndré ROBERT · administrateur
- 01/01/2024nominationMélanie LEPONCE · administrateur
- 01/01/2024nominationAlain GILLIS · administrateur
- 01/01/2024nominationDominique PERRIN · administrateur
- 01/01/2024nominationPierre LEONARD · administrateur
- 2023Annual accounts 20237,7 M €↑
- 2023Name changeSPGE
- 2022Annual accounts 20227,4 M €↓
- 15/11/2022nominationThierry LEJUSTE · commissaire
- 20/06/2022nominationAlain BOLLY · Commissaire
- 2020Annual accounts 202025,8 M €↓
- 2019Annual accounts 201928,6 M €↓
- 2018Annual accounts 201856,1 M €↑
- 2017Annual accounts 201745,4 M €↑
- 2016Annual accounts 201631 M €↓
- 2015Annual accounts 201533,4 M €↑
- 2014Annual accounts 20148,8 M €↑
- 2013Annual accounts 2013733,3 k €↓
- 2012Annual accounts 20121,5 M €↓
- 2011Annual accounts 201112,8 M €↑
- 2010Annual accounts 20101,8 M €↓
- 2009Annual accounts 20091,9 M €↓
- 2008Annual accounts 20082,4 M €↑
- 2007Annual accounts 20071,8 M €↓
- 2006Annual accounts 20061,9 M €
- 16/07/1980IncorporationPublic limited company