ERTUG
0426.761.990 · rovalta.com · 22/09/2026
ACTIVE
ERTUG
Financial year 2025 · closed on 31/12/2025
Net result
419,4 k €
+311.2% YoY
Gross margin
821 k €
+404.5% YoY
Equity
645,1 k €
+185.8% YoY
Overview
What does ERTUG do?
ERTUG is a Private limited company incorporated in 1984. Its main activity is: Retail sale of automotive fuel in specialised stores. Its registered office is in Waterloo.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0426.761.990
Incorporation
11/12/1984
Legal form
Private limited company
Registered office
Chaussée de Bruxelles 75
1410 Waterloo · WallonieSee on map
1410 Waterloo · WallonieSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Activities (NACE)
47300Retail sale of automotive fuel in specialised stores· main47300Retail sale of automotive fuel in specialised stores50500Water transport45113Sale of cars and light motor vehicles45201Maintenance and repair of motor vehicles47811Retail sale via stalls and markets of food, beverages and tobacco products+3
Joint committees (3)
- 100
- 112
- 201
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 821 k € | +404% | 162,7 k € | +133% | 69,8 k € | +41.5% | 49,3 k € | -17.3% | 59,7 k € | -4.6% | 62,6 k € | -5.6% | 66,3 k € | +10.2% | 60,1 k € | -39.1% | 98,7 k € | +20.9% | 81,6 k € | -53.0% | 173,7 k € | -16.5% | 208 k € | -14.8% | 244,1 k € | -2.6% | 250,6 k € | -16.3% | 299,3 k € | +17.9% | 254 k € | -9.2% | 279,8 k € | +17.7% | 237,6 k € | -0.7% | 239,3 k € | +12.4% | 212,9 k € |
| EBITDA | 801,1 k € | +473% | 139,7 k € | +319% | -63,7 k € | -235% | 47,4 k € | -15.3% | 55,9 k € | -3.8% | 58,1 k € | -5.9% | 61,7 k € | +10.6% | 55,8 k € | +2073% | -2,8 k € | -111% | 24,7 k € | -74.2% | 95,8 k € | -8.2% | 104,4 k € | -11.4% | 117,8 k € | -9.5% | 130,2 k € | -29.6% | 184,9 k € | +10.1% | 167,9 k € | -3.1% | 173,2 k € | +3.9% | 166,8 k € | +0.1% | 166,6 k € | +16.8% | 142,7 k € |
| Operating result | 611,7 k € | +408% | 120,4 k € | +257% | -76,6 k € | -417% | 24,2 k € | -37.1% | 38,4 k € | +9.7% | 35 k € | -8.4% | 38,2 k € | -20.6% | 48,1 k € | +294% | -24,9 k € | -679% | -3,2 k € | -105% | 67 k € | +188% | 23,3 k € | +3.6% | 22,5 k € | +123% | 10,1 k € | -80.6% | 51,7 k € | +549% | 8 k € | -45.2% | 14,6 k € | +1697% | 809,9 € | -99.2% | 100,4 k € | +49.8% | 67 k € |
| Net result | 419,4 k € | +311% | 102 k € | +144% | -231,8 k € | -1811% | 13,6 k € | -50.8% | 27,5 k € | +20.6% | 22,8 k € | -15.3% | 26,9 k € | -35.6% | 41,8 k € | +221% | -34,5 k € | -108% | -16,6 k € | -134% | 48,3 k € | +1484% | 3,1 k € | +219% | -2,6 k € | +92.3% | -33,3 k € | -98.8% | -16,8 k € | +65.2% | -48,2 k € | -146% | -19,6 k € | +64.9% | -55,9 k € | -233% | 42 k € | +119% | 19,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 645,1 k € | +186% | 225,7 k € | +82.4% | 123,7 k € | -39.8% | 205,6 k € | +2.3% | 201 k € | -3.1% | 207,5 k € | +7.3% | 193,4 k € | +12.5% | 171,9 k € | +22.7% | 140,1 k € | -19.8% | 174,6 k € | -8.7% | 191,2 k € | +31.1% | 145,9 k € | +2.1% | 142,8 k € | -1.8% | 145,4 k € | -18.6% | 178,7 k € | -8.9% | 196,1 k € | -25.6% | 263,7 k € | -7.6% | 285,3 k € | -16.9% | 343,3 k € | +13.2% | 303,4 k € |
| Total assets | 1,8 M € | +272% | 479,6 k € | +23.4% | 388,7 k € | -8.2% | 423,5 k € | +36.5% | 310,2 k € | -6.4% | 331,6 k € | -2.9% | 341,4 k € | +19.1% | 286,6 k € | -7.5% | 309,8 k € | -32.1% | 456,4 k € | -17.1% | 550,3 k € | -7.9% | 597,5 k € | -16.5% | 715,3 k € | -14.3% | 834,8 k € | -37.4% | 1,3 M € | -15.9% | 1,6 M € | -4.6% | 1,7 M € | -10.2% | 1,9 M € | +26.2% | 1,5 M € | +6.9% | 1,4 M € |
| Cash | 82,5 k € | +252% | 23,4 k € | +43.9% | 16,3 k € | -45.4% | 29,9 k € | +15.5% | 25,9 k € | -4.1% | 27 k € | +20.2% | 22,4 k € | -24.9% | 29,8 k € | -25.5% | 40,1 k € | -40.2% | 67 k € | -12.9% | 76,9 k € | -7.5% | 83,1 k € | +36.9% | 60,7 k € | -42.1% | 104,9 k € | +63.2% | 64,3 k € | -45.9% | 118,7 k € | +1.9% | 116,5 k € | -31.9% | 171 k € | -12.5% | 195,5 k € | +17.3% | 166,7 k € |
| Debts | 963,8 k € | +280% | 253,6 k € | -4.2% | 264,7 k € | +21.6% | 217,7 k € | +99.4% | 109,2 k € | -12.0% | 124,1 k € | -16.2% | 148 k € | +29.0% | 114,7 k € | -32.4% | 169,7 k € | -39.8% | 281,7 k € | -21.2% | 357,3 k € | -20.8% | 451,3 k € | -21.2% | 572,4 k € | -16.9% | 688,7 k € | -40.3% | 1,2 M € | -16.9% | 1,4 M € | -0.5% | 1,4 M € | -10.6% | 1,6 M € | +39.7% | 1,1 M € | +5.2% | 1,1 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | 1,5 ETP | 0.0% | 1,5 ETP | -53.1% | 3,2 ETP | -3.0% | 3,3 ETP | +13.8% | 2,9 ETP | -6.5% | 3,1 ETP | -8.8% | 3,4 ETP | -10.5% | 3,8 ETP | +124% | 1,7 ETP | -5.6% | 1,8 ETP | -21.7% | 2,3 ETP | |||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 5 ended
Active mandates
YANNICK ERTUG
ActiveSALIH ERTUG
ActiveEnded mandates
SABRINA ERTUG
EndedSABRINA ERTUG
EndedSABRINA ERTUG
EndedYANNICK ERTUG
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 14/07/2026 | 14/07/2025 | 23/07/2024 | 19/07/2023 | 14/07/2022 | 30/08/2021 |
| General meeting | 15/06/2026 | 16/06/2025 | 25/06/2024 | 19/06/2023 | 20/06/2022 | 07/06/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 15/06/2026 | 14/07/2026 | French | |
| Abridged model | 31/12/2024 | 16/06/2025 | 14/07/2025 | French | |
| Abridged model | 31/12/2023 | 25/06/2024 | 23/07/2024 | French | |
| Abridged model | 31/12/2022 | 19/06/2023 | 19/07/2023 | French | |
| Abridged model | 31/12/2021 | 20/06/2022 | 14/07/2022 | French | |
| Abridged model | 31/12/2020 | 07/06/2021 | 30/08/2021 | French | |
| Abridged model | 31/12/2019 | 23/08/2020 | 18/09/2020 | French | |
| Abridged model | 31/12/2018 | 23/06/2019 | 22/07/2019 | French | |
| Abridged model | 31/12/2017 | 04/06/2018 | 25/09/2018 | French | |
| Abridged model | 31/12/2016 | 05/06/2017 | 24/09/2017 | French | |
| Abridged model | 31/12/2015 | 06/06/2016 | 18/09/2016 | French | |
| Abridged model | 31/12/2014 | 01/06/2015 | 27/09/2015 | French | |
| Abridged model | 31/12/2013 | 02/06/2014 | 28/09/2014 | French | |
| Abridged model | 31/12/2012 | 01/06/2013 | 10/10/2013 | French | |
| Abridged model | 31/12/2011 | 04/06/2012 | 27/09/2012 | French | |
| Abridged model | 31/12/2010 | 30/06/2011 | 31/10/2011 | French | |
| Abridged model | 31/12/2009 | 30/06/2010 | 30/08/2010 | French | |
| Abridged model | 31/12/2008 | 28/09/2009 | 01/10/2009 | French | |
| Abridged model | 31/12/2007 | 30/06/2008 | 28/08/2008 | French | |
| Abridged model | 31/12/2006 | 26/09/2007 | 05/03/2008 | French |
Valuation
Estimate
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
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 5 ended
Active mandates
YANNICK ERTUG
ActiveSALIH ERTUG
ActiveEnded mandates
SABRINA ERTUG
EndedSABRINA ERTUG
EndedSABRINA ERTUG
EndedYANNICK ERTUG
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates05/01/2024DEMISSIONS, NOMINATIONS
- Mandates20/04/2022STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS
- Mandates24/01/2014DEMISSIONS, NOMINATIONS
- Mandates23/04/2012DEMISSIONS, NOMINATIONS
- Other19/10/2005DIVERS
- Capital / shares29/09/2005OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - ASSEMBLEE GENERALE
- Registered office24/08/2005SIEGE SOCIAL
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025419,4 k €↑
- 2024Annual accounts 2024102 k €↑
- 2023Annual accounts 2023-231,8 k €↓
- 2022Annual accounts 202213,6 k €↓
- 2021Annual accounts 202127,5 k €↑
- 2020Annual accounts 202022,8 k €↓
- 2019Annual accounts 201926,9 k €↓
- 2018Annual accounts 201841,8 k €↑
- 2017Annual accounts 2017-34,5 k €↓
- 2016Annual accounts 2016-16,6 k €↓
- 2015Annual accounts 201548,3 k €↑
- 2014Annual accounts 20143,1 k €↑
- 2013Annual accounts 2013-2,6 k €↑
- 2012Annual accounts 2012-33,3 k €↓
- 2011Annual accounts 2011-16,8 k €↑
- 2010Annual accounts 2010-48,2 k €↓
- 2009Annual accounts 2009-19,6 k €↑
- 2008Annual accounts 2008-55,9 k €↓
- 2007Annual accounts 200742 k €↑
- 2006Annual accounts 200619,1 k €
- 11/12/1984IncorporationPrivate limited company