ACTIVE

FINANCIERE SAINT PAUL

Financial year 2025 · closed on 31/12/2025
Net result
8,7 M €
+39269.2% YoY
Revenue
3 M €
+16.7% YoY
Equity
64,5 M €
+15.7% YoY
Workforce
15,9 ETP
+8.2% YoY

What does FINANCIERE SAINT PAUL do?

FINANCIERE SAINT PAUL is a Public limited company incorporated in 1991. Its main activity is: Activities of holding companies. Its registered office is in Liège. It employs on average 15,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0445.226.832
Incorporation
19/09/1991
Legal form
Public limited company
Registered office
Rue Bonne-Fortune 3-5
4000 Liège · WallonieSee on map
Contributed capital
2 299 518,59 €
Latest accounts
31/12/2025
Average workforce
15,9 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityPositive cashflowHealthy social debtsHigh revenue
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue3 M €2,5 M €1,7 M €1,4 M €1,1 M €1,3 M €1,9 M €2,1 M €1,9 M €1,7 M €1,5 M €1,2 M €641,8 k €204,9 k €110,9 k €45 k €
EBITDA-378,8 k €-309,5 k €-598,6 k €-193,7 k €-136 k €-72,7 k €-314,4 k €159,6 k €261,8 k €301 k €327,7 k €223,9 k €190 k €-33 k €-2,7 k €-2,1 k €10,8 k €-25,7 k €-2,3 k €
Operating result-406,9 k €-348,7 k €-633,8 k €-226,6 k €-164,6 k €-83 k €-319,3 k €146,5 k €258,4 k €298,4 k €325,9 k €223,2 k €190 k €-67,3 k €-2,7 k €-3,5 k €10,8 k €-25,7 k €-2,3 k €
Net result8,7 M €22,2 k €28,1 k €12,6 M €867 k €36,8 M €-540,3 k €638,8 k €482,9 k €14,3 k €327,5 k €292 k €254,2 k €-25,2 k €-241,6 k €28,6 k €16,7 k €-49,3 k €-17,7 k €
Balance sheet
Equity64,5 M €55,7 M €55,7 M €55,7 M €43,1 M €42,2 M €5,4 M €5,9 M €5,3 M €4,8 M €4,8 M €3 M €2,7 M €2,6 M €2,6 M €2,9 M €2,8 M €2,8 M €2,9 M €
Total assets101 M €104,1 M €80,2 M €78,2 M €61,4 M €53,4 M €30 M €19,3 M €18,7 M €15,3 M €14,6 M €4,3 M €4 M €3,9 M €3,7 M €3,5 M €3,5 M €3,5 M €3,5 M €
Cash383,6 k €1,3 M €1,3 M €74,9 k €271,3 k €4,6 M €68,6 k €96,8 k €18,4 k €17,7 k €232,3 k €29,9 k €37,3 k €2,3 k €1,2 k €104,5 €241,2 €707,2 €
Debts36,3 M €48,1 M €24,2 M €22,5 M €18,3 M €11,2 M €24,5 M €13,3 M €13,3 M €10,5 M €9,8 M €1,4 M €1,3 M €1,3 M €1 M €632,5 k €661,3 k €652,6 k €629 k €
Other
Workforce15,9 ETP14,7 ETP11,9 ETP7,3 ETP5,7 ETP7,5 ETP14,1 ETP17,3 ETP16,3 ETP13,2 ETP12,6 ETP8,8 ETP1,8 ETP1,8 ETP1,9 ETP1,0 ETP1,3 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 40 ended

Active mandates

BLDK CONSULT

Director · since 01 juillet 2025 · until 30 juin 2026 · 0867.871.569

Represented by Eric DE KEULENEER

Active
CONDORELO

Director · since 01 juillet 2025 · until 30 juin 2026 · 0634.771.562

Represented by Michel GRIGNARD

Active
METHIS SARL

Director · since 01 juillet 2025 · until 30 juin 2026

Represented by Gildino Tavares-Ducrotois

Active
S2M PRODUCTIONS

Director · since 01 juillet 2025 · until 30 juin 2026 · 0879.716.358

Represented by Maurice SEMER

Active
Stephan UHODA

Managing director · since 30 juin 2021 · until 25 juin 2027

Active

Ended mandates

BLDK CONSULT

Director · since 01 juillet 2024 · until 30 juin 2025 · 0867.871.569

Represented by Eric DE KEULENEER

Ended
CONDORELO

Director · since 01 juillet 2024 · until 30 juin 2025 · 0634.771.562

Represented by Michel GRIGNARD

Ended
S2M PRODUCTIONS

Director · since 30 juin 2024 · until 30 juin 2025 · 0879.716.358

Represented by Maurice SEMER

Ended
AS&Cie

Director · since 30 juin 2023 · until 30 juin 2024 · 0825.503.454

Represented by Alain STRUMAN

Ended
At this address

Other companies at this address

CompanyCBE no.
0435.457.249
0445.520.604
U ExhibitionsActive
0633.962.306
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
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 date13/07/202630/07/202522/07/202413/07/202313/10/202220/12/2022
General meeting30/06/202630/06/202528/06/202430/06/202305/08/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

35 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202613/07/2026FrenchPDF
Full model31/12/202430/06/202530/07/2025FrenchPDF
Consolidated accounts31/12/202428/11/202502/12/2025FrenchPDF
Full model31/12/202328/06/202422/07/2024FrenchPDF
Consolidated accounts31/12/202325/04/202529/04/2025FrenchPDF
Full model31/12/202230/06/202313/07/2023FrenchPDF
Consolidated accounts31/12/202208/04/202410/04/2024FrenchPDF
Full model31/12/202105/08/202213/10/2022FrenchPDF
Consolidated accounts31/12/202128/09/202306/10/2023FrenchPDF
Full model31/12/202030/06/202106/07/2021FrenchPDF
Consolidated accounts31/12/202030/06/202120/12/2022FrenchPDF
Full model31/12/201930/06/202006/07/2020FrenchPDF
Consolidated accounts31/12/201929/01/202109/02/2021FrenchPDF
Full model31/12/201828/06/201924/07/2019FrenchPDF
Consolidated accounts31/12/201827/12/201927/12/2019FrenchPDF
Full model31/12/201729/06/201830/07/2018FrenchPDF
Consolidated accounts31/12/201725/09/201803/10/2018FrenchPDF
Full model31/12/201623/06/201705/07/2017FrenchPDF
Consolidated accounts31/12/201615/12/201719/12/2017FrenchPDF
Full model31/12/201524/06/201630/06/2016FrenchPDF
Consolidated accounts31/12/201524/06/201602/01/2017FrenchPDF
Full model31/12/201429/06/201523/07/2015FrenchPDF
Consolidated accounts31/12/201429/06/201526/10/2015FrenchPDF
Full model31/12/201323/06/201402/07/2014FrenchPDF

View all 35 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 40 ended

Active mandates

BLDK CONSULT

Director · since 01 juillet 2025 · until 30 juin 2026 · 0867.871.569

Represented by Eric DE KEULENEER

Active
CONDORELO

Director · since 01 juillet 2025 · until 30 juin 2026 · 0634.771.562

Represented by Michel GRIGNARD

Active
METHIS SARL

Director · since 01 juillet 2025 · until 30 juin 2026

Represented by Gildino Tavares-Ducrotois

Active
S2M PRODUCTIONS

Director · since 01 juillet 2025 · until 30 juin 2026 · 0879.716.358

Represented by Maurice SEMER

Active
Stephan UHODA

Managing director · since 30 juin 2021 · until 25 juin 2027

Active

Ended mandates

BLDK CONSULT

Director · since 01 juillet 2024 · until 30 juin 2025 · 0867.871.569

Represented by Eric DE KEULENEER

Ended
CONDORELO

Director · since 01 juillet 2024 · until 30 juin 2025 · 0634.771.562

Represented by Michel GRIGNARD

Ended
S2M PRODUCTIONS

Director · since 30 juin 2024 · until 30 juin 2025 · 0879.716.358

Represented by Maurice SEMER

Ended
AS&Cie

Director · since 30 juin 2023 · until 30 juin 2024 · 0825.503.454

Represented by Alain STRUMAN

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/03/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - DIVERS - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Mandates30/12/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/07/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/12/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/12/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/01/2019
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

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 20258,7 M €
  2. 01/07/2025
    reconductionBLDK Consult SRL — administrateur
  3. 01/07/2025
    reconductionCONDORELO SComm — administrateur
  4. 01/07/2025
    reconductionS2M Productions SRL — administrateur
  5. 01/07/2025
    nominationMethis SARL — administrateur
  6. 2024
    Annual accounts 202422,2 k €
  7. 01/07/2024
    reconductionBLDK Consult SRL — administrateur
  8. 01/07/2024
    reconductionCONDORELO SComm — administrateur
  9. 01/07/2024
    reconductionS2M Productions SRL — administrateur
  10. 2023
    Annual accounts 202328,1 k €
  11. 2022
    Annual accounts 202212,6 M €
  12. 01/01/2022
    reconductionSRL BDO Réviseurs d'Entreprises — commissaire
  13. 2021
    Annual accounts 2021867 k €
  14. 2020
    Annual accounts 202036,8 M €
  15. 2019
    Annual accounts 2019-540,3 k €
  16. 2018
    Annual accounts 2018638,8 k €
  17. 2017
    Annual accounts 2017482,9 k €
  18. 2016
    Annual accounts 201614,3 k €
  19. 2015
    Annual accounts 2015327,5 k €
  20. 2014
    Annual accounts 2014292 k €
  21. 2013
    Annual accounts 2013254,2 k €
  22. 2012
    Annual accounts 2012-25,2 k €
  23. 2011
    Annual accounts 2011-241,6 k €
  24. 2010
    Annual accounts 201028,6 k €
  25. 2009
    Annual accounts 200916,7 k €
  26. 2008
    Annual accounts 2008-49,3 k €
  27. 2007
    Annual accounts 2007-17,7 k €
  28. 19/09/1991
    IncorporationPublic limited company