ACTIVE

NATIONALE 4 PIECES

Financial year 2025 · Closed on 31/12/2025

Net result141,3 k €+314,6 %over 1 year

Gross margin184,8 k €+2 464,1 %over 1 year

Equity1,1 M €+15,1 %over 1 year

Identity

Source · BCE/KBO

NATIONALE 4 PIECES is a Public limited company incorporated in 1988. Its main activity is: Inland passenger water transport. Its registered office is in Arlon.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0434.575.638
Incorporation: 29/06/1988
Legal form: Public limited company
Registered office: Rue de Bastogne 465
6700 Arlon · WallonieSee on map
Contributed capital: 297 481,94 €
Latest accounts: 31/12/2025

Activities (NACE)

50302Inland passenger water transport· main 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate 45320Retail trade of motor vehicle parts and accessories 47820Retail sale via stalls and markets of textiles, clothing and footwear 68201Rental and operating of own or leased real estate+1

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	184,8 k €	+2464%	7,2 k €	-9.5%	8 k €	+200%	2,7 k €	-98.4%	167,9 k €
EBITDA	180,3 k €	+4161%	-4,4 k €	-862%	-461,4 €	+94.7%	-8,7 k €	-105%	160,4 k €
Operating result	158,3 k €	+658%	-28,4 k €	-37.6%	-20,6 k €	+35.2%	-31,8 k €	-122%	143 k €
Net result	141,3 k €	+315%	-65,9 k €	-194%	-22,4 k €	+44.6%	-40,5 k €	-140%	101,3 k €
Balance sheet
Equity	1,1 M €	+15.1%	935,6 k €	-6.6%	1 M €	-2.2%	1 M €	-3.8%	1,1 M €
Total assets	1,2 M €	+10.1%	1 M €	-2.9%	1,1 M €	-2.3%	1,1 M €	-4.0%	1,2 M €
Cash	253,5 k €	+5299%	4,7 k €	-66.1%	13,8 k €	-40.0%	23,1 k €	-49.3%	45,5 k €
Debts	9,4 k €	-78.4%	43,4 k €	+536%	6,8 k €	+8.8%	6,3 k €	-35.3%	9,7 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 7 ended

Active mandates

ALBERT SCHAUS

Managing director · since 21 juin 2023 · until 21 juin 2029

Active

RAYMONDE PIQUARD

Chairman of the board of directors · since 21 juin 2023 · until 21 juin 2029

Active

Ended mandates

ALBERT SCHAUS

Managing director · since 19 février 2018 · until 24 mai 2024

Ended

RAYMONDE PIQUARD

Chairman of the board of directors · since 19 février 2018 · until 24 mai 2024

Ended

ALBERT SCHAUS

Managing director · since 25 mai 2012 · until 25 mai 2018

Ended

RAYMONDE PIQUARD

Chairman of the board of directors · since 25 mai 2012 · until 25 mai 2018

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	12/08/2026	12/08/2025	12/08/2024	31/08/2023	25/08/2022	26/08/2021
General meeting	10/08/2026	01/08/2025	09/08/2024	25/08/2023	19/08/2022	16/08/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	10/08/2026	12/08/2026	French	PDF
Micro model	31/12/2024	01/08/2025	12/08/2025	French	PDF
Micro model	31/12/2023	09/08/2024	12/08/2024	French	PDF
Micro model	31/12/2022	25/08/2023	31/08/2023	French	PDF
Micro model	31/12/2021	19/08/2022	25/08/2022	French	PDF
Micro model	31/12/2020	16/08/2021	26/08/2021	French	PDF
Micro model	31/12/2019	25/09/2020	28/09/2020	French	PDF
Micro model	31/12/2018	07/02/2019	22/02/2019	French	PDF
Abridged model	31/12/2017	31/07/2018	06/08/2018	French	PDF
Abridged model	31/12/2016	31/03/2017	06/04/2017	French	PDF
Abridged model	31/12/2015	23/05/2016	08/06/2016	French	PDF
Abridged model	31/12/2014	29/05/2015	22/07/2015	French	PDF
Abridged model	31/12/2013	09/05/2014	25/06/2014	French	PDF
Abridged model	31/12/2012	29/05/2013	08/08/2013	French	PDF
Abridged model	31/12/2011	25/05/2012	24/07/2012	French	PDF
Abridged model	31/12/2010	31/05/2011	06/06/2011	French	PDF
Abridged model	31/12/2009	23/06/2010	25/06/2010	French	PDF
Abridged model	31/12/2008	09/06/2009	26/06/2009	French	PDF
Abridged model	31/12/2007	20/06/2008	14/08/2008	French	PDF
Abridged model	31/12/2006	19/06/2007	24/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

2 active · 7 ended

Active mandates

ALBERT SCHAUS

Managing director · since 21 juin 2023 · until 21 juin 2029

Active

RAYMONDE PIQUARD

Chairman of the board of directors · since 21 juin 2023 · until 21 juin 2029

Active

Ended mandates

ALBERT SCHAUS

Managing director · since 19 février 2018 · until 24 mai 2024

Ended

RAYMONDE PIQUARD

Chairman of the board of directors · since 19 février 2018 · until 24 mai 2024

Ended

ALBERT SCHAUS

Managing director · since 25 mai 2012 · until 25 mai 2018

Ended

RAYMONDE PIQUARD

Chairman of the board of directors · since 25 mai 2012 · until 25 mai 2018

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates03/07/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates13/03/2018
DEMISSIONS, NOMINATIONS
PDF
Registered office10/01/2018
SIEGE SOCIAL
PDF
Registered office13/03/2017
SIEGE SOCIAL
PDF
Mandates16/08/2012
DEMISSIONS, NOMINATIONS
PDF
Capital / shares20/01/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates02/02/2006
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates13/01/2006
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025141,3 k €↑
2024
Annual accounts 2024-65,9 k €↓
2023
Annual accounts 2023-22,4 k €↑
2022
Annual accounts 2022-40,5 k €↓
2021
Annual accounts 2021101,3 k €↑
2020
Annual accounts 2020-11,8 k €↓
2019
Annual accounts 2019-8,3 k €↑
2018
Annual accounts 2018-27,9 k €↓
2017
Annual accounts 2017675,1 k €↑
2016
Annual accounts 201674,6 k €↑
2015
Annual accounts 2015-100,5 k €↓
2014
Annual accounts 2014-48,9 k €↓
2013
Annual accounts 20134,2 k €↑
2012
Annual accounts 2012-22,9 k €↓
2011
Annual accounts 20113,3 k €↓
2010
Annual accounts 20109,6 k €↓
2009
Annual accounts 200917,9 k €↓
2008
Annual accounts 200828,4 k €↑
2007
Annual accounts 2007-6,3 k €↓
2006
Annual accounts 2006892,6 €
29/06/1988
IncorporationPublic limited company

NATIONALE 4 PIECES

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