ACTIVE

Envisan

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Financial year 2025 · closed on 31/12/2025
Net result
14,3 M €
-31.0% YoY
Revenue
108,5 M €
-20.6% YoY
Equity
49,9 M €
+14.4% YoY
Workforce
103,0 ETP
+11.2% YoY

What does Envisan do?

Envisan is a Public limited company incorporated in 1992. Its registered office is in Aalst. It employs on average 103,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0448.294.111
Incorporation
23/09/1992
Legal form
Public limited company
Registered office
Tragel 60
9308 Aalst · FlandreSee on map
Contributed capital
40 000 000,00 €
Latest accounts
31/12/2025
Average workforce
103,0 ETP
Joint committees (4)
  • 121
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242022202120202019201520142012201120092008
Income statement
Revenue108,5 M €136,7 M €55,7 M €41,2 M €44,2 M €45 M €59,9 M €53,2 M €55,8 M €56,2 M €34,3 M €42,6 M €
EBITDA7,5 M €27,8 M €15,6 M €6,7 M €6,7 M €10,6 M €2,6 M €5,5 M €11,3 M €5,8 M €4,5 M €3,9 M €
Operating result13,2 M €22,2 M €10,1 M €4,6 M €6,9 M €6,3 M €-45,5 k €2,4 M €3,5 M €2,1 M €2 M €1,8 M €
Net result14,3 M €20,7 M €9,1 M €3,9 M €6,5 M €6 M €-1,8 M €395,5 k €2,7 M €1,3 M €1,2 M €1,4 M €
Balance sheet
Equity49,9 M €43,6 M €42,2 M €33,8 M €29,9 M €23,4 M €14,1 M €15,9 M €17,5 M €16,8 M €13,1 M €12,9 M €
Total assets135,4 M €143,3 M €82 M €60,9 M €59,2 M €50,9 M €67,8 M €56,6 M €61,5 M €51,9 M €36,3 M €34,3 M €
Cash9,1 M €2,8 M €8,8 M €4,8 M €5,6 M €2,1 M €2,8 M €3 M €3,5 M €1,7 M €1,9 M €1,4 M €
Debts62,1 M €68,2 M €22,6 M €14,6 M €17,4 M €11,9 M €40,6 M €28,9 M €40,7 M €33,2 M €21,9 M €20,5 M €
Other
Workforce103,0 ETP92,6 ETP75,7 ETP82,1 ETP94,3 ETP101,7 ETP108,5 ETP109,3 ETP97,5 ETP83,0 ETP69,1 ETP65,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 9 active · 40 ended

Active mandates

JDN

Director · since 10 février 2026 · until 18 juin 2026 · 1033.865.689

Represented by Julie De Nul

Active
iMinds

Director · since 23 juin 2025 · until 18 juin 2029 · 0832.360.463

Represented by Stijn Hanssens

Active
JKN Consult

Director · since 06 février 2025 · until 18 juin 2029 · 1017.509.907

Represented by Jan Neckebroeck

Active
Stijn Hanssens

Director · since 06 février 2025 · until 10 juin 2025

Active
Anne Dirk Paul Smet

Managing director · since 22 juin 2023 · until 18 juin 2029

Active
Dirk Van Rompaey

Director · since 22 juin 2023 · until 18 juin 2029

Active
Jan De Nul

Director · since 22 juin 2023 · until 18 juin 2029 · 0406.041.406

Represented by Jan-Pieter-Jozef De Nul

Active
Julie De Nul

Director · since 22 juin 2023 · until 10 février 2026

Active
Paul Lievens

Director · since 22 juin 2023 · until 18 juin 2029

Active

Ended mandates

Stijn Hanssens

Director · since 06 février 2025 · until 18 juin 2029

Ended
Julie De Nul

Director · since 22 juin 2023 · until 18 juin 2029

Ended
Anne Dirk Paul Smet

Director · since 17 décembre 2018 · until 15 juin 2023

Ended
Anne Dirk Paul Smet

Director · since 26 juin 2017 · until 27 juin 2023

Ended
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Annual accounts

Full financial information

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 date07/07/202611/07/202529/07/202404/07/202311/07/202208/07/2021
General meeting25/06/202623/06/202524/06/202422/06/202327/06/202221/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202525/06/202607/07/2026DutchPDF
Full model31/12/202423/06/202511/07/2025DutchPDF
Full model31/12/202324/06/202429/07/2024DutchPDF
Full model31/12/202222/06/202304/07/2023DutchPDF
Full model31/12/202127/06/202211/07/2022DutchPDF
Full model31/12/202021/06/202108/07/2021DutchPDF
Full model31/12/201924/06/202006/07/2020DutchPDF
Full model31/12/201824/06/201911/07/2019DutchPDF
Full model31/12/201722/06/201816/07/2018DutchPDF
Full model31/12/201623/06/201706/07/2017DutchPDF
Full model31/12/201529/06/201601/07/2016DutchPDF
Full model31/12/201430/06/201501/07/2015DutchPDF
Full model31/12/201325/06/201425/06/2014DutchPDF
Full model31/12/201214/06/201317/06/2013DutchPDF
Full model31/12/201125/06/201226/06/2012DutchPDF
Full model31/12/201016/06/201123/06/2011DutchPDF
Full model31/12/200915/06/201021/06/2010DutchPDF
Full model31/12/200815/06/200916/06/2009DutchPDF
Full model31/12/200715/06/200818/06/2008DutchPDF
Full model31/12/200615/06/200727/06/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 9 active · 40 ended

Active mandates

JDN

Director · since 10 février 2026 · until 18 juin 2026 · 1033.865.689

Represented by Julie De Nul

Active
iMinds

Director · since 23 juin 2025 · until 18 juin 2029 · 0832.360.463

Represented by Stijn Hanssens

Active
JKN Consult

Director · since 06 février 2025 · until 18 juin 2029 · 1017.509.907

Represented by Jan Neckebroeck

Active
Stijn Hanssens

Director · since 06 février 2025 · until 10 juin 2025

Active
Anne Dirk Paul Smet

Managing director · since 22 juin 2023 · until 18 juin 2029

Active
Dirk Van Rompaey

Director · since 22 juin 2023 · until 18 juin 2029

Active
Jan De Nul

Director · since 22 juin 2023 · until 18 juin 2029 · 0406.041.406

Represented by Jan-Pieter-Jozef De Nul

Active
Julie De Nul

Director · since 22 juin 2023 · until 10 février 2026

Active
Paul Lievens

Director · since 22 juin 2023 · until 18 juin 2029

Active

Ended mandates

Stijn Hanssens

Director · since 06 février 2025 · until 18 juin 2029

Ended
Julie De Nul

Director · since 22 juin 2023 · until 18 juin 2029

Ended
Anne Dirk Paul Smet

Director · since 17 décembre 2018 · until 15 juin 2023

Ended
Anne Dirk Paul Smet

Director · since 26 juin 2017 · until 27 juin 2023

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING
    PDF
  • Mandates16/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/04/2021
    ONTSLAGEN - BENOEMINGEN
    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. 10/02/2026
    nominationJDN — bestuurder
  2. 2025
    Annual accounts 202514,3 M €↓
  3. 23/06/2025
    nominationMinds — bestuurder
  4. 06/02/2025
    nominationJKN Consult — bestuurder
  5. 06/02/2025
    nominationStijn Hanssens — bestuurder
  6. 2024
    Annual accounts 202420,7 M €↑
  7. 22/06/2023
    reconductionJan De Nul NV — bestuurder
  8. 22/06/2023
    reconductionJulie De Nul — bestuurder
  9. 22/06/2023
    reconductionPaul Lievens — bestuurder
  10. 22/06/2023
    reconductionDirk Van Rompaey — bestuurder
  11. 22/06/2023
    reconductionAnne Smet — bestuurder
  12. 22/06/2023
    reconductionBDO Bedrijfsrevisoren BV — commissaris
  13. 22/06/2023
    nominationAnne Smet — gedelegeerd bestuurder en voorzitter van de raad van bestuur
  14. 2022
    Annual accounts 20229,1 M €↑
  15. 2021
    Annual accounts 20213,9 M €↓
  16. 2020
    Annual accounts 20206,5 M €↑
  17. 2019
    Annual accounts 20196 M €↑
  18. 2015
    Annual accounts 2015-1,8 M €↓
  19. 2014
    Annual accounts 2014395,5 k €↓
  20. 2012
    Annual accounts 20122,7 M €↑
  21. 2011
    Annual accounts 20111,3 M €↑
  22. 2009
    Annual accounts 20091,2 M €↓
  23. 2008
    Annual accounts 20081,4 M €
  24. 23/09/1992
    IncorporationPublic limited company