ACTIVE

1Spatial Belgium

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Financial year 2025 · Closed on 31/01/2025

Net result-403,1 k €+36,8 %over 1 year
Revenue2,7 M €+27,1 %over 1 year
Equity3,8 M €-9,7 %over 1 year
Workforce15,3 ETP-10,5 %over 1 year

Identity

Source · BCE/KBO

1Spatial Belgium is a Public limited company incorporated in 1983. Its main activity is: Other software publishing. Its registered office is in Liège. It employs on average 15,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0423.865.353
Incorporation
22/02/1983
Legal form
Public limited company
Registered office
Clos Chanmurly 13
4000 Liège · WallonieSee on map
Contributed capital
11 270 135,90 €
Latest accounts
31/01/2025
Average workforce
15,3 ETP
Joint committees (2)
  • 200
  • 218
Signals
High revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue2,7 M €2,1 M €2,3 M €1,9 M €4,1 M €
EBITDA-307,1 k €-498,3 k €-688,2 k €-322,3 k €12,1 k €
Operating result-377,3 k €-593,5 k €-867 k €-592,4 k €-379,3 k €
Net result-403,1 k €-638,1 k €-899,5 k €-603,7 k €-407,7 k €
Balance sheet
Equity3,8 M €4,2 M €4,8 M €5,7 M €6,3 M €
Total assets13 M €11,1 M €10,5 M €10,7 M €11,4 M €
Cash123,4 k €221,6 k €128 k €482,1 k €184 k €
Debts8,8 M €6,5 M €5,1 M €4,5 M €4,3 M €
Other
Workforce15,3 ETP17,1 ETP18,1 ETP18,2 ETP18,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/01/2025

2 active · 30 ended

Active mandates

CLAIRE MILVERTON

Director · since 07 juin 2024 · until 07 juin 2029

Active
ISSAM TANNOUS

Managing director · since 07 juin 2024 · until 07 juin 2029

Active

Ended mandates

ISSAM TANNOUS

Managing director · since 07 juin 2019 · until 07 juin 2024

Ended
CLAIRE MILVERTON

Director · since 01 juin 2018 · until 07 juin 2024

Ended
CLAIRE MILVERTON

Director · since 07 juin 2013 · until 01 juin 2018

Ended
ISSAM TANNOUS

Director · since 07 juin 2013 · until 07 juin 2019

Ended

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Clos Chanmurly 13 4000 Liège
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Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/02/202401/02/202301/02/202201/02/202101/02/202001/02/2019
Closing of the financial year31/01/202531/01/202431/01/202331/01/202231/01/202131/01/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/04/202622/04/202518/12/202317/01/202306/12/202118/02/2021
General meeting08/04/202618/04/202515/12/202317/01/202303/12/202119/01/2021
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 model31/01/202508/04/202608/04/2026FrenchPDF
Full model31/01/202418/04/202522/04/2025FrenchPDF
Full model31/01/202315/12/202318/12/2023FrenchPDF
Full model31/01/202217/01/202317/01/2023FrenchPDF
Full model31/01/202103/12/202106/12/2021FrenchPDF
Full modelCorrection31/01/202019/01/202118/02/2021FrenchPDF
Full model31/01/202019/01/202127/01/2021FrenchPDF
Full model31/01/201901/10/201928/10/2019FrenchPDF
Full model31/01/201829/06/201827/07/2018FrenchPDF
Full model31/01/201727/12/201727/07/2018FrenchPDF
Full model31/01/201627/06/201601/07/2016FrenchPDF
Full model31/01/201505/06/201502/09/2015FrenchPDF
Full model31/01/201406/06/201429/08/2014FrenchPDF
Full model31/12/201207/06/201328/06/2013FrenchPDF
Full model31/12/201101/06/201202/07/2012FrenchPDF
Full model31/12/201003/06/201130/06/2011FrenchPDF
Full model31/12/200904/06/201001/07/2010FrenchPDF
Full model31/12/200805/06/200925/06/2009FrenchPDF
Full model31/12/200706/06/200827/06/2008FrenchPDF
Full model31/12/200601/06/200720/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

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 31/01/2025

2 active · 30 ended

Active mandates

CLAIRE MILVERTON

Director · since 07 juin 2024 · until 07 juin 2029

Active
ISSAM TANNOUS

Managing director · since 07 juin 2024 · until 07 juin 2029

Active

Ended mandates

ISSAM TANNOUS

Managing director · since 07 juin 2019 · until 07 juin 2024

Ended
CLAIRE MILVERTON

Director · since 01 juin 2018 · until 07 juin 2024

Ended
CLAIRE MILVERTON

Director · since 07 juin 2013 · until 01 juin 2018

Ended
ISSAM TANNOUS

Director · since 07 juin 2013 · until 07 juin 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates01/09/2026
    Démission et nomination d'administrateurs
    PDF
  • Mandates04/03/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/02/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/12/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/08/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/08/2019
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares10/10/2018
    CAPITAL, ACTIONS
    PDF
  • Mandates02/01/2018
    DEMISSIONS, NOMINATIONS
    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 2025-403,1 k €↑
  2. 2024
    Annual accounts 2024-638,1 k €↑
  3. 2023
    Annual accounts 2023-899,5 k €↓
  4. 2022
    Annual accounts 2022-603,7 k €↓
  5. 2021
    Annual accounts 2021-407,7 k €↑
  6. 2020
    Annual accounts 2020-982,4 k €↓
  7. 2019
    Annual accounts 2019-851,8 k €↓
  8. 2018
    Annual accounts 2018-238,8 k €↑
  9. 2017
    Annual accounts 2017-2,5 M €↓
  10. 2016
    Annual accounts 20161,3 M €↑
  11. 2015
    Annual accounts 2015-2,2 M €↓
  12. 2014
    Annual accounts 2014-1,1 M €↓
  13. 2012
    Annual accounts 201212,8 k €↑
  14. 2011
    Annual accounts 20117,7 k €↑
  15. 2010
    Annual accounts 20105,4 k €↓
  16. 2009
    Annual accounts 20096,9 k €↑
  17. 2008
    Annual accounts 2008-87,1 k €↑
  18. 2007
    Annual accounts 2007-247,2 k €↓
  19. 2006
    Annual accounts 2006122,2 k €
  20. 22/02/1983
    IncorporationPublic limited company