ACTIVE

ENJEU

Financial year 2025 · Closed on 31/12/2025

Net result-19,9 k €-142,2 %over 1 year

Revenue2,3 M €+15,3 %over 1 year

Equity153,3 k €-28,5 %over 1 year

Identity

Source · BCE/KBO

ENJEU is a Non-profit organization incorporated in 1986. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Liège.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0428.469.091
Incorporation: 13/01/1986
Legal form: Non-profit organization
Registered office: Rue Vaudrée 157
4031 Liège · WallonieSee on map
Latest accounts: 31/12/2025

Activities (NACE)

74872Other professional, scientific and technical activities· main 82300Organisation of conventions and trade shows 82300Organisation of conventions and trade shows

Joint committees (2)

Signals

Good liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 13 financial years

	2025		2022		2021		2018		2017
Income statement
Revenue	2,3 M €	+15.3%	2 M €	+37.1%	1,5 M €	-28.9%	2,1 M €	+24.0%	1,7 M €
EBITDA	27,5 k €	-74.0%	105,9 k €	-53.3%	226,7 k €	+131%	98,4 k €	-32.7%	146 k €
Operating result	1,2 k €	-97.7%	52,9 k €	-62.2%	139,8 k €	+167%	52,4 k €	-8.7%	57,4 k €
Net result	-19,9 k €	-142%	47,1 k €	-62.0%	124 k €	+168%	46,4 k €	-14.8%	54,4 k €
Balance sheet
Equity	153,3 k €	-28.5%	214,3 k €	+28.2%	167,1 k €	+5.0%	159,1 k €	+41.1%	112,8 k €
Total assets	915,8 k €	-22.7%	1,2 M €	+5.0%	1,1 M €	+34.6%	838,5 k €	-22.6%	1,1 M €
Cash	80,5 k €	-52.9%	170,8 k €	-44.5%	307,9 k €	+77.4%	173,5 k €	-9.7%	192,2 k €
Debts	742,4 k €	-21.9%	951,1 k €	+2.3%	929,4 k €	+42.9%	650,4 k €	-21.9%	833 k €
Other
Workforce	–		8,8 ETP		–		10,8 ETP	0.0%	10,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Frédéric VAN VLODORP	Directorsince 27/06/2005
Jacques DEFER	Chairman of the board of directorssince 27/06/2005
Jean-Marc ERNIQUIN	Directorsince 27/06/2005
Pierre LUTHERS	Administrateur-Déléguésince 27/06/2005Managing director27/06/2005 → 2013 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Christophe MAUSEN	Director27/06/2005 → 2013 accounts
Christophe WEERTS	Director27/06/2005 → 2014 accounts
Frédéric VANVLODORP	Director27/06/2005 → 2013 accounts
Jeanine ARNOLD	Director27/06/2005 → 2013 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2019
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	01/01/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/08/2026	03/09/2025	01/09/2025	03/10/2023	13/09/2022	30/10/2020
General meeting	25/06/2026	30/06/2025	10/06/2024	26/06/2023	27/06/2022	16/09/2020
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 · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/06/2026	17/08/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	03/09/2025	French	PDF
Abridged model	31/12/2023	10/06/2024	01/09/2025	French	PDF
Abridged model	31/12/2022	26/06/2023	03/10/2023	French	PDF
Abridged model	31/12/2021	27/06/2022	13/09/2022	French	PDF
Abridged model	31/12/2019	16/09/2020	30/10/2020	French	PDF
Abridged model	31/12/2018	27/05/2019	03/09/2019	French	PDF
Abridged model	31/12/2017	26/06/2018	10/08/2018	French	PDF
Abridged model	31/12/2016	26/06/2017	28/09/2017	French	PDF
Abridged model	31/12/2015	27/06/2016	22/09/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	12/08/2015	French	PDF
Abridged model	31/12/2013	26/06/2014	23/10/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	17/07/2013	French	PDF
Abridged model	31/12/2011	11/06/2012	28/09/2012	French	PDF
Abridged model	31/12/2010	20/06/2011	15/07/2011	French	PDF
Abridged model	31/12/2009	30/08/2010	28/09/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	29/07/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	28/08/2008	French	PDF
Abridged model	31/12/2006	12/06/2007	06/09/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 31/12/2025

4 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Frédéric VAN VLODORP	Directorsince 27/06/2005
Jacques DEFER	Chairman of the board of directorssince 27/06/2005
Jean-Marc ERNIQUIN	Directorsince 27/06/2005
Pierre LUTHERS	Administrateur-Déléguésince 27/06/2005Managing director27/06/2005 → 2013 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Christophe MAUSEN	Director27/06/2005 → 2013 accounts
Christophe WEERTS	Director27/06/2005 → 2014 accounts
Frédéric VANVLODORP	Director27/06/2005 → 2013 accounts
Jeanine ARNOLD	Director27/06/2005 → 2013 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates07/11/2023
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates29/09/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates21/12/2020
DEMISSIONS, NOMINATIONS
PDF
Registered office27/10/2020
SIEGE SOCIAL
PDF
Mandates18/07/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates08/09/2005
Nominations + coordination des statuts
PDF
Registered office02/03/2004
SIEGE SOCIAL
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings13 filings

Mandates

Frédéric VAN VLODORP

Pierre LUTHERS

Jacques DEFER

Jean-Marc ERNIQUIN

Frédéric VANVLODORP

Jeannine ARNOLD

Jeanine ARNOLD

Christophe MAUSEN

Christophe WEERTS

19861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

ENJEU

Rue Vaudrée 157, 4031 Angleur

Director

Administrateur-DéléguéManaging director

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Vaudrée 157, 4031 AngleurCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00401300

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ENJEUCurrent	accounts 2007 → 2025	Accounts 2025 · 2026-00401300

Events

2025
Annual accounts 2025-19,9 k €↓
2022
Annual accounts 202247,1 k €↓
2021
Annual accounts 2021124 k €↑
2018
Annual accounts 201846,4 k €↓
2017
Annual accounts 201754,4 k €↑
2014
Annual accounts 20142,1 k €↓
2013
Annual accounts 201332 k €↑
2012
Annual accounts 20128,9 k €↑
2011
Annual accounts 2011-17 k €↓
2010
Annual accounts 201074,5 k €↑
2009
Annual accounts 2009-62,3 k €↓
2008
Annual accounts 2008-32,5 k €↑
2007
Annual accounts 2007-130,8 k €
13/01/1986
IncorporationNon-profit organization

ENJEU

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events