ACTIVE

Elaboration de Système

Financial year 2025 · Closed on 31/12/2025

Net result542,8 k €+34,8 %over 1 year
Gross margin980,4 k €+33,5 %over 1 year
Equity2,9 M €+23,4 %over 1 year

Identity

Source · BCE/KBO

Elaboration de Système is a Public limited company incorporated in 1990. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Sprimont.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0440.327.441
Incorporation
01/05/1990
Legal form
Public limited company
Registered office
Rue de Theux(LVG) 65
4141 Sprimont · WallonieSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin980,4 k €734,2 k €901,6 k €454,9 k €386 k €
EBITDA930,9 k €685,8 k €808,8 k €407,3 k €355,8 k €
Operating result786,3 k €577,5 k €742,5 k €341,4 k €295,2 k €
Net result542,8 k €402,5 k €522,3 k €227,1 k €197,9 k €
Balance sheet
Equity2,9 M €2,3 M €1,9 M €1,2 M €1 M €
Total assets4,4 M €3 M €2,6 M €1,8 M €1,9 M €
Cash39,2 k €111,1 k €28,7 k €25,2 k €325,1 k €
Debts1,5 M €656,3 k €683,3 k €601,6 k €885,8 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 5 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Graziella CALAFATO
Directorsince 28/03/2024Managing director28/11/2013 → 21/05/2019ended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Didier Pietteur
Managing director25/05/2020 → 2022 accounts
IMMONGENA0452.619.222Represented by Didier Pietteur
Director21/05/2013 → 21/05/2019
Maria Angelica SOLIS CARBAJAL
Managing director21/05/2013 → 28/11/2013

Other companies at this address

Rue de Theux(LVG) 65 4141 Sprimont
CompanyCBE no.
0563.508.533
0738.662.522
0833.547.625
ZONE SUD● Active
0872.092.752

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro 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 date31/07/202631/07/202530/08/202431/08/202328/07/202229/07/2021
General meeting30/06/202630/06/202505/06/202421/05/202315/05/202215/05/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202631/07/2026FrenchPDF
Abridged model31/12/202430/06/202531/07/2025FrenchPDF
Abridged model31/12/202305/06/202430/08/2024FrenchPDF
Micro model31/12/202221/05/202331/08/2023FrenchPDF
Micro model31/12/202115/05/202228/07/2022FrenchPDF
Micro model31/12/202015/05/202129/07/2021FrenchPDF
Micro model31/12/201920/05/202030/07/2020FrenchPDF
Micro model31/12/201812/06/201929/08/2019FrenchPDF
Micro model31/12/201707/06/201823/08/2018FrenchPDF
Abridged model31/12/201618/05/201724/08/2017FrenchPDF
Abridged model31/12/201518/05/201631/08/2016FrenchPDF
Abridged model31/12/201418/05/201525/08/2015FrenchPDF
Abridged model31/12/201319/05/201427/08/2014FrenchPDF
Abridged model31/12/201221/05/201325/07/2013FrenchPDF
Abridged model31/12/201121/05/201222/08/2012FrenchPDF
Abridged model31/12/201016/05/201130/07/2011FrenchPDF
Abridged model31/12/200917/05/201029/08/2010FrenchPDF
Abridged model31/12/200818/05/200911/08/2009FrenchPDF
Abridged model31/12/200719/05/200826/08/2008FrenchPDF
Abridged model31/12/200621/05/200704/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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

1 active · 5 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Graziella CALAFATO
Directorsince 28/03/2024Managing director28/11/2013 → 21/05/2019ended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Didier Pietteur
Managing director25/05/2020 → 2022 accounts
IMMONGENA0452.619.222Represented by Didier Pietteur
Director21/05/2013 → 21/05/2019
Maria Angelica SOLIS CARBAJAL
Managing director21/05/2013 → 28/11/2013

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates18/04/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office12/03/2024
    SIEGE SOCIAL
    PDF
  • Mandates17/12/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/07/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Other24/04/2019
    OBJET
    PDF
  • Mandates31/12/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/08/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/03/2011
    DEMISSIONS, NOMINATIONS
    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
Filings20 filings
Mandates
Graziella CALAFATO
IMMONGENA
Didier Pietteur
Maria Angelica SOLIS CARBAJAL
Luc MALAISE
RAPHAEL JAMINON
1990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
Elaboration de Système
Rue de Theux(LVG) 65, 4141 Louveigné (Sprimont)Chaussée de Tongres 342, 4000 Liège
DirectorManaging director
Director
Managing director
Managing director
Managing director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue de Theux(LVG) 65, 4141 Louveigné (Sprimont)Current
accounts 2023 → 2025
Accounts 2025 · 2026-00384722
Chaussée de Tongres 342, 4000 Liège
accounts 2021 → 2022
Accounts 2022 · 2023-00424059

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Elaboration de SystèmeCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00384722

Events

  1. 2025
    Annual accounts 2025542,8 k €↑
  2. 2024
    Annual accounts 2024402,5 k €↓
  3. 2023
    Annual accounts 2023522,3 k €↑
  4. 2022
    Annual accounts 2022227,1 k €↑
  5. 2021
    Annual accounts 2021197,9 k €↑
  6. 2020
    Annual accounts 2020145,6 k €↑
  7. 2019
    Annual accounts 201938,8 k €↑
  8. 2018
    Annual accounts 201819,8 k €↓
  9. 2017
    Annual accounts 201768,2 k €↓
  10. 2016
    Annual accounts 201677,4 k €↑
  11. 2015
    Annual accounts 201561,7 k €↑
  12. 2014
    Annual accounts 201436,4 k €↑
  13. 2013
    Annual accounts 201333,8 k €↓
  14. 2012
    Annual accounts 201241,7 k €↓
  15. 2011
    Annual accounts 201193,1 k €↑
  16. 2010
    Annual accounts 201011,6 k €↑
  17. 2009
    Annual accounts 200911,3 k €↑
  18. 2008
    Annual accounts 200811,1 k €↓
  19. 2007
    Annual accounts 200763,5 k €↑
  20. 2006
    Annual accounts 200621,1 k €
  21. 01/05/1990
    IncorporationPublic limited company