ACTIVE

ETS WATTIAUX

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Financial year 2025 · Closed on 31/12/2025

Net result75,6 k €+132,9 %over 1 year

Revenue16,2 M €+4,2 %over 1 year

Equity1 M €+4,6 %over 1 year

Workforce51,7 ETP-6,8 %over 1 year

Identity

Source · BCE/KBO

ETS WATTIAUX is a Public limited company incorporated in 1986. Its registered office is in Tournai. It employs on average 51,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0428.712.284
Incorporation: 27/03/1986
Legal form: Public limited company
Registered office: Avenue de Maire(TOU) 131
7500 Tournai · WallonieSee on map
Contributed capital: 424 786,20 €
Latest accounts: 31/12/2025
Average workforce: 51,7 ETP

Joint committees (9)

109
1090
116
1160
124
1240
200
207
2070

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	16,2 M €	+4.2%	15,5 M €	-1.0%	15,7 M €	+5.2%	14,9 M €	+3.5%	14,4 M €
EBITDA	799,8 k €	+110%	381,7 k €	-38.0%	615,6 k €	+7.1%	574,6 k €	-33.9%	869,4 k €
Operating result	172,1 k €	+216%	-148,9 k €	-722%	-18,1 k €	-136%	50,7 k €	-72.4%	183,5 k €
Net result	75,6 k €	+133%	-229,7 k €	-137%	-97,1 k €	-193%	-33,1 k €	-166%	50 k €
Balance sheet
Equity	1 M €	+4.6%	1 M €	-20.8%	1,3 M €	-9.3%	1,4 M €	-4.0%	1,5 M €
Total assets	9,9 M €	-3.3%	10,2 M €	-6.3%	10,9 M €	+0.8%	10,8 M €	-7.2%	11,7 M €
Cash	114 k €	-42.3%	197,4 k €	+7.0%	184,5 k €	-26.2%	250,1 k €	+189%	86,7 k €
Debts	8,8 M €	-4.1%	9,2 M €	-4.0%	9,6 M €	+2.1%	9,4 M €	-7.5%	10,2 M €
Other
Workforce	51,7 ETP	-6.8%	55,5 ETP	+5.3%	52,7 ETP	-4.7%	55,3 ETP	+8.6%	50,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 14 ended

Active mandates

Philippe Wattiaux

Chairman of the board of directors · since 28 août 2023

Active

Sylvie Nounckele

Director · since 28 août 2023

Active

Thomas Wattiaux

Director · since 28 août 2023

Active

Ended mandates

Philippe WATTIAUX

Administrateur délégué Prés. C.A. · since 03 juin 2023 · until 02 juin 2029

Ended

Sylvie NOUNCKELE

Director · since 03 juin 2023 · until 02 juin 2029

Ended

Thomas WATTIAUX

Managing director · since 03 juin 2023 · until 02 juin 2029

Ended

Thomas WATTIAUX

Mandate · since 01 octobre 2019 · until 03 juin 2023

Ended

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	22/07/2026	29/08/2025	29/08/2024	27/10/2023	30/08/2022	28/06/2021
General meeting	06/06/2026	28/08/2025	12/08/2024	28/08/2023	26/08/2022	18/06/2021
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 · NBB

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Annual accounts filings

Source · NBB, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Full modelCorrection	31/12/2025	06/06/2026	22/07/2026	French	PDF
Full model	31/12/2025	06/06/2026	14/07/2026	French	PDF
Full model	31/12/2024	28/08/2025	29/08/2025	French	PDF
Full model	31/12/2023	12/08/2024	29/08/2024	French	PDF
Full modelCorrection	31/12/2022	28/08/2023	27/10/2023	French	PDF
Full model	31/12/2022	28/08/2023	31/08/2023	French	PDF
Full model	31/12/2021	26/08/2022	30/08/2022	French	PDF
Full model	31/12/2020	18/06/2021	28/06/2021	French	PDF
Full model	31/12/2019	17/07/2020	31/08/2020	French	PDF
Full model	31/12/2018	01/06/2019	14/06/2019	French	PDF
Full model	31/12/2017	02/06/2018	24/07/2018	French	PDF
Full model	31/12/2016	03/06/2017	03/07/2017	French	PDF
Full model	31/12/2015	04/06/2016	30/06/2016	French	PDF
Full model	31/12/2014	06/06/2015	09/07/2015	French	PDF
Full model	31/12/2013	07/06/2014	17/07/2014	French	PDF
Full model	31/12/2012	01/06/2013	02/07/2013	French	PDF
Full model	31/12/2011	25/06/2012	28/06/2012	French	PDF
Full model	31/12/2010	04/06/2011	30/08/2011	French	PDF
Full model	31/12/2009	05/06/2010	16/07/2010	French	PDF
Full model	31/12/2008	06/06/2009	31/08/2009	French	PDF
Abridged model	31/12/2007	07/06/2008	16/06/2008	French	PDF
Abridged model	31/12/2006	02/06/2007	18/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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

3 active · 14 ended

Active mandates

Philippe Wattiaux

Chairman of the board of directors · since 28 août 2023

Active

Sylvie Nounckele

Director · since 28 août 2023

Active

Thomas Wattiaux

Director · since 28 août 2023

Active

Ended mandates

Philippe WATTIAUX

Administrateur délégué Prés. C.A. · since 03 juin 2023 · until 02 juin 2029

Ended

Sylvie NOUNCKELE

Director · since 03 juin 2023 · until 02 juin 2029

Ended

Thomas WATTIAUX

Managing director · since 03 juin 2023 · until 02 juin 2029

Ended

Thomas WATTIAUX

Mandate · since 01 octobre 2019 · until 03 juin 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other02/07/2026
—
PDF
Mandates24/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates19/09/2023
DEMISSIONS, NOMINATIONS
PDF
Registered office13/12/2021
SIEGE SOCIAL
PDF
Mandates21/09/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates24/10/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates26/06/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates29/07/2014
DEMISSIONS, NOMINATIONS
PDF

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

See the Business plan

Timeline

2025
Annual accounts 202575,6 k €↑
2024
Annual accounts 2024-229,7 k €↓
2023
Annual accounts 2023-97,1 k €↓
2023
Name changeETS WATTIAUX
2022
Annual accounts 2022-33,1 k €↓
2021
Annual accounts 202150 k €↑
2021
Name changeWATTIAUX
2020
Annual accounts 202039,6 k €↑
2019
Annual accounts 2019-62,6 k €↓
2018
Annual accounts 2018-16,8 k €↓
2017
Annual accounts 2017115,2 k €↑
2016
Annual accounts 201627 k €↓
2015
Annual accounts 201560,3 k €↓
2014
Annual accounts 2014173,3 k €↑
2013
Annual accounts 2013103,2 k €↑
2012
Annual accounts 201256,2 k €↓
2011
Annual accounts 2011137 k €↑
2010
Annual accounts 201076,4 k €↑
2009
Annual accounts 200946,4 k €↓
2008
Annual accounts 200846,9 k €↑
2007
Annual accounts 2007-1,3 k €↑
2006
Annual accounts 2006-28,7 k €
27/03/1986
IncorporationPublic limited company

ETS WATTIAUX

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