ACTIVE

SPIE BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result13,1 M €+162,5 %over 1 year
Revenue375,6 M €+8,3 %over 1 year
Equity60,8 M €+9,8 %over 1 year
Workforce1 375,4 ETP-1,0 %over 1 year

Identity

Source · BCE/KBO

SPIE BELGIUM is a Public limited company incorporated in 1988. Its main activity is: Construction of utility projects for electricity and telecommunications. Its registered office is in Anderlecht. It employs on average 1 375,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0434.499.028
Incorporation
27/06/1988
Legal form
Public limited company
Registered office
Rue des Deux Gares 150
1070 Anderlecht · BruxellesSee on map
Contributed capital
44 717 558,41 €
Latest accounts
31/12/2025
Average workforce
1 375,4 ETP
Joint committees (6)
  • 111
  • 124
  • 14901
  • 200
  • 209
  • 218
Contacts
1 public detail availableLog in to view
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 44 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue375,6 M €346,7 M €326,7 M €289,5 M €266,7 M €
EBITDA17,2 M €14 M €9 M €8,1 M €13,3 M €
Operating result16,8 M €2,7 M €5,3 M €4,2 M €9,6 M €
Net result13,1 M €-21 M €629,4 k €2,4 M €4,3 M €
Balance sheet
Equity60,8 M €55,4 M €46,9 M €46,3 M €41,9 M €
Total assets274,7 M €251,9 M €220,2 M €196,2 M €178,7 M €
Cash152,4 M €133,8 M €84,7 M €70,7 M €61,1 M €
Debts208,8 M €188,4 M €172,4 M €149 M €135,9 M €
Other
Workforce1 375,4 ETP1 388,9 ETP1 380,3 ETP1 388,2 ETP1 446,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 27 ended

Active mandates

Pascal Lekeu

Managing director · since 01 juillet 2024 · until 21 mai 2030

Active
Gauthier Louette

Chairman of the board of directors · since 21 mai 2024 · until 21 mai 2030

Active
Jérôme Vanhove

Director · since 21 mai 2024 · until 21 mai 2030

Active

Ended mandates

SCOPOS - H. DIRIX & ASSOCIATES

Managing director · since 21 mai 2024 · until 30 juin 2024 · 0715.540.294

Represented by Hein Dirix

Ended
SCOPOS - H. DIRIX & ASSOCIATES

Managing director · since 21 mai 2024 · until 21 mai 2030 · 0715.540.294

Represented by Hein Dirix

Ended
Jérôme Vanhove

Director · since 14 mars 2022 · until 21 mai 2024

Ended
SCOPOS - H. DIRIX & ASSOCIATES

Managing director · since 01 juin 2019 · until 21 mai 2024 · 0715.540.294

Represented by Hein Dirix

Ended

Other companies at this address

Rue des Deux Gares 150 1070 Anderlecht
CompanyCBE no.
Amicale des Anciens de SPIE Belgium● Active
0459.993.695
SIESPIE GENT MAATSCHAP● Active
0742.774.233
SPIE Belgium SA/ HMS SA/ Interalu SA ('SS Chancellerie SIH')● Active
0781.589.475
SPIE-EKOENERGETYKA● Active
0780.838.914
SSM OTW chargers ( SSM SPIE Ekoenergetyka )● Active
1010.187.494
SSM SPIE -EKOENERGETIKA EBS 2● Active
1007.955.011
SSM SPIE-EQUANS Châtelet MLC● Active
1003.228.438
SSM SPIE FBLA● Active
1026.090.843
SSM SPIE-VIABUILD● Active
1025.899.120
SSM SPIE-VMA-DRUART ( SSM IRA II)● Active
0777.970.088
SSM SPIE-WANTY-TRBA● Active
1010.706.049
TM SIEMENS SPIE DATACENTER FIRE● Active
0805.029.625
TM SPIE-IMTECH● Active
0780.560.483
TM SPIE-Jacops Radio II● Active
1005.820.813
TM SPIE SIEMENS DATACENTER LCL FIRE● Active
1012.558.749

Full financial information

Source · NBB
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 date26/05/202622/05/202531/05/202423/05/202310/06/202204/06/2021
General meeting19/05/202620/05/202521/05/202416/05/202317/05/202218/05/2021
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, 44 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/05/202626/05/2026FrenchPDF
Full model31/12/202519/05/202626/05/2026DutchPDF
Full model31/12/202420/05/202522/05/2025FrenchPDF
Full model31/12/202420/05/202522/05/2025DutchPDF
Full model31/12/202321/05/202431/05/2024FrenchPDF
Full model31/12/202321/05/202431/05/2024DutchPDF
Full model31/12/202216/05/202323/05/2023FrenchPDF
Full model31/12/202216/05/202323/05/2023DutchPDF
Full model31/12/202117/05/202210/06/2022DutchPDF
Full model31/12/202117/05/202210/06/2022FrenchPDF
Full model31/12/202018/05/202104/06/2021DutchPDF
Full model31/12/202018/05/202104/06/2021FrenchPDF
Full model31/12/201919/05/202022/06/2020FrenchPDF
Full model31/12/201919/05/202022/06/2020DutchPDF
Full model31/12/201821/05/201918/06/2019FrenchPDF
Full model31/12/201821/05/201918/06/2019DutchPDF
Consolidated accounts31/12/201824/05/201926/11/2019FrenchPDF
Full model31/12/201715/05/201831/05/2018FrenchPDF
Full model31/12/201715/05/201831/05/2018DutchPDF
Consolidated accounts31/12/201725/05/201810/10/2019FrenchPDF
Full model31/12/201616/05/201709/06/2017FrenchPDF
Full model31/12/201616/05/201709/06/2017DutchPDF
Consolidated accounts31/12/201616/05/201727/09/2019FrenchPDF
Full model31/12/201519/05/201621/06/2016FrenchPDF

View all 44 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 31/12/2025

3 active · 27 ended

Active mandates

Pascal Lekeu

Managing director · since 01 juillet 2024 · until 21 mai 2030

Active
Gauthier Louette

Chairman of the board of directors · since 21 mai 2024 · until 21 mai 2030

Active
Jérôme Vanhove

Director · since 21 mai 2024 · until 21 mai 2030

Active

Ended mandates

SCOPOS - H. DIRIX & ASSOCIATES

Managing director · since 21 mai 2024 · until 30 juin 2024 · 0715.540.294

Represented by Hein Dirix

Ended
SCOPOS - H. DIRIX & ASSOCIATES

Managing director · since 21 mai 2024 · until 21 mai 2030 · 0715.540.294

Represented by Hein Dirix

Ended
Jérôme Vanhove

Director · since 14 mars 2022 · until 21 mai 2024

Ended
SCOPOS - H. DIRIX & ASSOCIATES

Managing director · since 01 juin 2019 · until 21 mai 2024 · 0715.540.294

Represented by Hein Dirix

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates19/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring27/05/2026
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates27/04/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/04/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring11/09/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 19/05/2026
    reconductionBV EY Bedrijfsrevisoren — commissaris
  2. 19/05/2026
    reconductionSRL EY Réviseurs d'Entreprises — commissaire
  3. 01/05/2026
    nominationMarkus Holzke — administrateur
  4. 01/05/2026
    nominationMarkus Holzke — bestuurder
  5. 2025
    Annual accounts 202513,1 M €↑
  6. 20/10/2025
    nominationCarlo-Sébastien D'Addario — représentant permanent du commissaire
  7. 20/10/2025
    nominationCarlo-Sébastien D'Addario — vaste vertegenwoordiger van Ernst & Young BV
  8. 30/09/2025
    autre
  9. 2024
    Annual accounts 2024-21 M €↓
  10. 18/12/2024
    augmentation_capital
  11. 01/07/2024
    nominationPascal Lekeu — bestuurder
  12. 01/07/2024
    nominationPascal Lekeu — administrateur
  13. 21/05/2024
    reconductionGauthier Louette — administrateur
  14. 21/05/2024
    reconductionJérome Vanhove — administrateur
  15. 21/05/2024
    reconductionScopos-H. Dirix & Associates — administrateur
  16. 21/05/2024
    reconductionGauthier Louette — bestuurder
  17. 21/05/2024
    reconductionJérôme Vanhove — bestuurder
  18. 21/05/2024
    reconductionHein Dirix — bestuurder (vertegenwoordiger van Scopos)
  19. 2023
    Annual accounts 2023629,4 k €↓
  20. 16/05/2023
    reconductionBV EY Bedrijfsrevisoren — commissaris
  21. 16/05/2023
    reconductionSRL EY Réviseurs d'Entreprises — commissaire
  22. 2022
    Annual accounts 20222,4 M €↓
  23. 19/10/2022
    nominationThomas Meurice — représentant permanent du commissaire
  24. 19/10/2022
    nominationThomas Meurice — vaste vertegenwoordiger van SCCRL Emst & Young
  25. 14/03/2022
    nominationJérôme Vanhove — bestuurder
  26. 14/03/2022
    nominationJérôme Vanhove — administrateur
  27. 2021
    Annual accounts 20214,3 M €↑
  28. 2020
    Annual accounts 20201,6 M €↓
  29. 2019
    Annual accounts 20196 M €↓
  30. 2018
    Annual accounts 20187,5 M €↑
  31. 2017
    Annual accounts 20177 M €↑
  32. 2016
    Annual accounts 20167 M €↑
  33. 2015
    Annual accounts 20156,6 M €↑
  34. 2014
    Annual accounts 20145,8 M €↑
  35. 2013
    Annual accounts 20134,3 M €↑
  36. 2012
    Annual accounts 20123,3 M €↑
  37. 2011
    Annual accounts 20113,1 M €↑
  38. 2010
    Annual accounts 20103 M €↑
  39. 2009
    Annual accounts 2009539,8 k €↓
  40. 2008
    Annual accounts 20082,5 M €↓
  41. 2007
    Annual accounts 20074,3 M €↑
  42. 2006
    Annual accounts 20064,1 M €
  43. 27/06/1988
    IncorporationPublic limited company