ACTIVE

Partner Spirits

Financial year 2025 · closed on 31/12/2025
Net result
2,2 M €
+1915.1% YoY
Revenue
137,9 M €
+5.1% YoY
Equity
19,6 M €
+9.5% YoY
Workforce
42,4 ETP
-3.6% YoY

What does Partner Spirits do?

Partner Spirits is a Public limited company incorporated in 1983. Its registered office is in Andenne. It employs on average 42,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0425.006.686
Incorporation
15/11/1983
Legal form
Public limited company
Registered office
Rue du Progrès 34
5300 Andenne · WallonieSee on map
Contributed capital
1 600 000,00 €
Latest accounts
31/12/2025
Average workforce
42,4 ETP
Joint committees (3)
  • 119
  • 200
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue137,9 M €131,2 M €134,9 M €171,5 M €135,6 M €98,1 M €106 M €94 M €80,4 M €67,1 M €69 M €68,4 M €53,7 M €49,3 M €45,9 M €39,2 M €26,2 M €
EBITDA6,3 M €3,3 M €3,1 M €8,4 M €6,1 M €3,3 M €2,5 M €3,5 M €2,7 M €2,3 M €2,4 M €2,6 M €2,3 M €1,7 M €656,9 k €567 k €852,8 k €580,3 k €626,9 k €218,6 k €
Operating result4,2 M €1,6 M €2,5 M €7,7 M €6,3 M €2,3 M €2 M €2,9 M €2 M €1,6 M €1,8 M €2,2 M €2 M €1,3 M €475,9 k €396,5 k €704,8 k €418 k €473 k €122,3 k €
Net result2,2 M €110 k €548,9 k €5,1 M €4,2 M €1,4 M €1 M €1,7 M €1,1 M €748 k €845,7 k €1,2 M €1,1 M €688,6 k €112 k €41,7 k €236,6 k €157,4 k €569,3 k €16,2 k €
Balance sheet
Equity19,6 M €17,9 M €17,2 M €16 M €12,4 M €9,3 M €8,1 M €7,1 M €5,7 M €4,9 M €4,2 M €3,5 M €2,5 M €2,2 M €1,5 M €1,3 M €1,2 M €1 M €864,7 k €295,4 k €
Total assets69 M €72,7 M €69,2 M €69,7 M €54,8 M €33,3 M €43 M €38,1 M €29,3 M €21,5 M €20 M €19,5 M €16,8 M €10,8 M €10,1 M €8,6 M €7 M €5,5 M €4 M €2,3 M €
Cash500,5 k €958,3 k €486,6 k €1,8 M €1,1 M €309,6 k €803,6 k €427,7 k €23,1 k €130,3 k €458,4 k €646,3 k €1,9 M €276,9 k €31,1 k €96,5 k €103 k €63,6 k €267,4 k €35,5 k €
Debts48,4 M €54,4 M €51,6 M €53,3 M €42,1 M €23,7 M €34,8 M €30,9 M €23,5 M €16,5 M €15,7 M €16 M €14,2 M €8,5 M €8,4 M €7,2 M €5,7 M €4,4 M €3 M €2 M €
Other
Workforce42,4 ETP44,0 ETP40,1 ETP29,4 ETP23,8 ETP24,4 ETP23,4 ETP18,8 ETP16,8 ETP14,7 ETP12,6 ETP12,8 ETP7,8 ETP7,0 ETP6,9 ETP6,4 ETP4,8 ETP9,2 ETP10,0 ETP6,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 5 ended

Active mandates

MELANIE BEAUVOIS

Director · since 30 janvier 2026 · until 03 mai 2027

Active
NICOLAS BEAUVOIS

Director · since 30 janvier 2026 · until 03 mai 2027

Active
Jean MOSSIAT

Director · since 20 février 2020 · until 30 janvier 2026

Active
NATHALIE DOHET

Director · since 20 février 2020 · until 03 mai 2027

Active

Ended mandates

BENOIT BEAUVOIS

Director · since 20 février 2020 · until 20 février 2026

Ended
Jean MOSSIAT

Director · since 20 février 2020 · until 20 février 2026

Ended
NATHALIE DOHET

Director · since 20 février 2020 · until 20 février 2026

Ended
Jean MOSSIAT

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
GROUPE COVIVINSActive
0632.891.841
Annual accounts

Full financial information

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 date21/05/202605/05/202515/05/202408/03/202301/03/202230/03/2021
General meeting04/05/202621/04/202506/05/202403/03/202328/02/202226/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

23 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202504/05/202621/05/2026FrenchPDF
Full model31/12/202421/04/202505/05/2025FrenchPDF
Full model31/12/202306/05/202415/05/2024FrenchPDF
Full model31/12/202203/03/202308/03/2023FrenchPDF
Full model31/12/202128/02/202201/03/2022FrenchPDF
Full model31/12/202026/03/202130/03/2021FrenchPDF
Full model31/12/201913/04/202014/04/2020FrenchPDF
Full model31/12/201805/03/201911/03/2019FrenchPDF
Full model31/12/201705/03/201806/03/2018FrenchPDF
Full model31/12/201627/05/201701/06/2017FrenchPDF
Full model31/12/201529/02/201603/03/2016FrenchPDF
Full modelCorrection31/12/201423/02/201515/06/2015FrenchPDF
Full model31/12/201423/02/201524/02/2015FrenchPDF
Full model31/12/201327/02/201428/02/2014FrenchPDF
Full model31/12/201202/03/201304/03/2013FrenchPDF
Full model31/12/201126/03/201227/03/2012FrenchPDF
Full model31/12/201027/05/201117/06/2011FrenchPDF
Full modelCorrection31/12/200918/06/201026/05/2011FrenchPDF
Full modelCorrection31/12/200918/06/201017/02/2011FrenchPDF
Full model31/12/200918/06/201025/06/2010FrenchPDF
Abridged model31/12/200820/09/200930/09/2009FrenchPDF
Abridged model31/12/200729/10/200821/11/2008FrenchPDF
Abridged model31/12/200626/10/200713/12/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 4 active · 5 ended

Active mandates

MELANIE BEAUVOIS

Director · since 30 janvier 2026 · until 03 mai 2027

Active
NICOLAS BEAUVOIS

Director · since 30 janvier 2026 · until 03 mai 2027

Active
Jean MOSSIAT

Director · since 20 février 2020 · until 30 janvier 2026

Active
NATHALIE DOHET

Director · since 20 février 2020 · until 03 mai 2027

Active

Ended mandates

BENOIT BEAUVOIS

Director · since 20 février 2020 · until 20 février 2026

Ended
Jean MOSSIAT

Director · since 20 février 2020 · until 20 février 2026

Ended
NATHALIE DOHET

Director · since 20 février 2020 · until 20 février 2026

Ended
Jean MOSSIAT

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/08/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Other19/06/2026
    DIVERS
    PDF
  • Mandates08/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/02/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/02/2020
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/05/2016
    DEMISSIONS, NOMINATIONS - COMPTES ANNUELS
    PDF
  • Mandates23/07/2015
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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

Timeline

  1. 30/01/2026
    reconductionNathalie Dohet — administratrice non statutaire
  2. 30/01/2026
    nominationMélanie Beauvois — administratrice non statutaire
  3. 30/01/2026
    nominationNicolas Beauvois — administrateur non statutaire
  4. 2025
    Annual accounts 20252,2 M €
  5. 2024
    Annual accounts 2024110 k €
  6. 2024
    Name changePartner Spirits
  7. 2023
    Annual accounts 2023548,9 k €
  8. 2022
    Annual accounts 20225,1 M €
  9. 28/02/2022
    reconductionCatherine Grégoire — commissaire
  10. 2022
    Name changeCOVIVINS
  11. 2021
    Annual accounts 20214,2 M €
  12. 2020
    Annual accounts 20201,4 M €
  13. 2019
    Annual accounts 20191 M €
  14. 2018
    Annual accounts 20181,7 M €
  15. 2017
    Annual accounts 20171,1 M €
  16. 2016
    Annual accounts 2016748 k €
  17. 2015
    Annual accounts 2015845,7 k €
  18. 2014
    Annual accounts 20141,2 M €
  19. 2013
    Annual accounts 20131,1 M €
  20. 2012
    Annual accounts 2012688,6 k €
  21. 2011
    Annual accounts 2011112 k €
  22. 2010
    Annual accounts 201041,7 k €
  23. 2009
    Annual accounts 2009236,6 k €
  24. 2008
    Annual accounts 2008157,4 k €
  25. 2007
    Annual accounts 2007569,3 k €
  26. 2006
    Annual accounts 200616,2 k €
  27. 15/11/1983
    IncorporationPublic limited company