ACTIVE

ETUDE MASSILLON

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Financial year 2025 · Closed on 30/09/2025

Net result1 M €+1,0 %over 1 year
Gross margin2,6 M €-12,8 %over 1 year
Equity822,6 k €+14,8 %over 1 year
Workforce23,9 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

ETUDE MASSILLON is a Private limited company incorporated in 1988. Its main activity is: Legal activities. Its registered office is in Verviers. It employs on average 23,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0433.600.589
Incorporation
29/02/1988
Legal form
Private limited company
Registered office
Rue du Centre 63
4800 Verviers · WallonieSee on map
Contributed capital
18 592,00 €
Latest accounts
30/09/2025
Average workforce
23,9 ETP
Joint committees (5)
  • 100
  • 200
  • 330
  • 334
  • 336
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 22 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin2,6 M €2,9 M €2,9 M €2,7 M €1,9 M €
EBITDA1,4 M €1,4 M €1,8 M €1,6 M €826,6 k €
Operating result1,4 M €1,3 M €1,8 M €1,5 M €754,6 k €
Net result1 M €1 M €1,3 M €1,1 M €511,2 k €
Balance sheet
Equity822,6 k €716,5 k €650,4 k €1,4 M €1,4 M €
Total assets2,4 M €2,3 M €3,5 M €3,7 M €3,3 M €
Cash988,9 k €906,6 k €2,1 M €1,8 M €1,6 M €
Debts1,6 M €1,5 M €2,8 M €2,3 M €1,9 M €
Other
Workforce23,9 ETP23,9 ETP25,6 ETP27,3 ETP26,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 11 ended

Active mandates

Christophe MASSILLON INTERVENTUS SC SCRL

Managing director · since 03 avril 2026

Active

Ended mandates

Claudine MATHIEU

Manager · since 01 octobre 2004

Ended
Henry L.M. MASSILLON

Manager · since 01 octobre 2004 · until 30 septembre 2010

Ended
Henry MASSILLON

Manager · since 01 octobre 2004 · until 30 septembre 2010

Ended
Christophe MASSILLON

Mandate

Ended

Other companies at this address

Rue du Centre 63 4800 Verviers
CompanyCBE no.
Chambre de Verviers et d'Eupen● Active
0240.750.040

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/06/202601/04/202511/06/202422/05/202305/05/202229/04/2021
General meeting09/06/202621/03/202515/03/202417/03/202319/03/202219/03/2021
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, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202509/06/202609/06/2026FrenchPDF
Abridged model30/09/202421/03/202501/04/2025FrenchPDF
Abridged modelCorrection30/09/202315/03/202411/06/2024FrenchPDF
Abridged model30/09/202315/03/202403/05/2024FrenchPDF
Abridged modelCorrection30/09/202217/03/202322/05/2023FrenchPDF
Abridged model30/09/202217/03/202303/05/2023FrenchPDF
Abridged model30/09/202119/03/202205/05/2022FrenchPDF
Abridged model30/09/202019/03/202129/04/2021FrenchPDF
Abridged model30/09/201921/03/202030/04/2020FrenchPDF
Abridged model30/09/201816/03/201929/04/2019FrenchPDF
Abridged model30/09/201717/03/201814/05/2018FrenchPDF
Abridged model30/09/201618/03/201727/03/2017FrenchPDF
Abridged model30/09/201519/03/201631/03/2016FrenchPDF
Abridged model30/09/201421/03/201530/03/2015FrenchPDF
Abridged model30/09/201328/04/201430/04/2014FrenchPDF
Abridged model30/09/201216/03/201330/04/2013FrenchPDF
Abridged model30/09/201127/12/201115/02/2012FrenchPDF
Abridged model30/09/201019/03/201112/03/2012FrenchPDF
Abridged model30/09/200920/03/201025/08/2010FrenchPDF
Abridged model30/09/200821/03/200904/02/2010FrenchPDF
Abridged model30/09/200715/03/200830/04/2008FrenchPDF
Abridged model30/09/200617/03/200727/03/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 30/09/2025

1 active · 11 ended

Active mandates

Christophe MASSILLON INTERVENTUS SC SCRL

Managing director · since 03 avril 2026

Active

Ended mandates

Claudine MATHIEU

Manager · since 01 octobre 2004

Ended
Henry L.M. MASSILLON

Manager · since 01 octobre 2004 · until 30 septembre 2010

Ended
Henry MASSILLON

Manager · since 01 octobre 2004 · until 30 septembre 2010

Ended
Christophe MASSILLON

Mandate

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates25/08/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Other23/08/2011
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares31/10/2005
    CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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 20251 M €↑
  2. 2024
    Annual accounts 20241 M €↓
  3. 2023
    Annual accounts 20231,3 M €↑
  4. 2022
    Annual accounts 20221,1 M €↑
  5. 2021
    Annual accounts 2021511,2 k €↓
  6. 2020
    Annual accounts 2020782,7 k €↑
  7. 2019
    Annual accounts 2019558 k €↓
  8. 2018
    Annual accounts 2018693,1 k €↑
  9. 2017
    Annual accounts 2017590,3 k €↓
  10. 2016
    Annual accounts 2016621,4 k €↑
  11. 2015
    Annual accounts 2015584 k €↓
  12. 2014
    Annual accounts 2014656,6 k €↓
  13. 2013
    Annual accounts 2013787,6 k €↓
  14. 2012
    Annual accounts 2012925,5 k €↑
  15. 2011
    Annual accounts 2011515,7 k €↑
  16. 2010
    Annual accounts 2010501,4 k €↑
  17. 2009
    Annual accounts 2009457,3 k €↓
  18. 2008
    Annual accounts 2008783,8 k €↑
  19. 2007
    Annual accounts 2007585,7 k €
  20. 29/02/1988
    IncorporationPrivate limited company