ACTIVE

SOCIETE DE DEVELOPPEMENT DE LIEGE GUILLEMINS

Financial year 2025 · Closed on 31/12/2025

Net result-40,4 k €-96,7 %over 1 year
Gross margin-35,9 k €-127,4 %over 1 year
Equity5 M €-11,9 %over 1 year

Identity

Source · BCE/KBO

SOCIETE DE DEVELOPPEMENT DE LIEGE GUILLEMINS is a Public limited company incorporated in 1993. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0450.994.372
Incorporation
24/09/1993
Legal form
Public limited company
Registered office
Rue du Vertbois 11
4000 Liège · WallonieSee on map
Contributed capital
1 301 441,01 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 22 filings

Trend over 16 financial years

20252024202320222021
Income statement
Gross margin-35,9 k €-15,8 k €-51,6 k €-51,6 k €-51,5 k €
EBITDA-35,9 k €-15,8 k €-51,6 k €-51,6 k €-51,5 k €
Operating result-680 k €-659,9 k €-695,7 k €-695,8 k €-695,6 k €
Net result-40,4 k €-20,5 k €-54,9 k €-56,3 k €-56,2 k €
Balance sheet
Equity5 M €5,7 M €6,4 M €7,1 M €7,8 M €
Total assets5 M €5,7 M €6,4 M €7,1 M €7,8 M €
Cash281 k €318,7 k €327,8 k €390,7 k €430,7 k €
Debts6,5 k €6,4 k €1,7 k €12,8 k €7,2 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 71 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Pascal ENGLEBERT
Government commissioner05/09/2024 → 05/09/2029
Karl ADAMS
Director12/06/2023 → 12/06/2028
0
Marie-Claire LAMBERT
Director12/06/2023 → 12/06/2028
00
Christine DEFRAIGNE
Vice-chairman of the board of directors12/03/2023 → 15/01/2026
0
Willy DEMEYER
Chairman of the board of directors12/03/2023 → 12/03/2028
00
Marie-Odile CLAUDE
Government commissioner10/10/2019 → 10/10/2029
0

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Christine DEFRAIGNE
Vice-chairman of the board of directors12/03/2023 → 12/03/2028
0
Sophie DAWANCE
Government commissioner18/12/2019 → 05/09/2024
Sophie DAWANCE
Government commissioner18/12/2019 → 18/12/2024
Marie-Odile CLAUDE
Government commissioner10/10/2019 → 10/10/2024
0

Other companies at this address

Rue du Vertbois 11 4000 Liège
CompanyCBE no.
0687.731.087
ECETIA FINANCES● Active
0203.978.726
0227.486.477
0847.025.180
EolSPI● Active
0798.649.203
G.S.● Active
0829.982.973
LIEGE ON LINE● Active
0461.688.524
0445.478.339
0435.532.572
0873.260.316
SPI● Active
0204.259.135
T4T● Active
0799.844.974
Unité Ecetia● Active
0777.981.075

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date04/03/202607/05/202525/04/202411/05/202304/07/202201/06/2021
General meeting04/03/202624/04/202525/04/202427/04/202328/04/202222/04/2021
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, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202504/03/202604/03/2026FrenchPDF
Abridged model31/12/202424/04/202507/05/2025FrenchPDF
Abridged model31/12/202325/04/202425/04/2024FrenchPDF
Abridged model31/12/202227/04/202311/05/2023FrenchPDF
Abridged model31/12/202128/04/202204/07/2022FrenchPDF
Abridged model31/12/202022/04/202101/06/2021FrenchPDF
Abridged model31/12/201930/04/202028/05/2020FrenchPDF
Abridged model31/12/201823/05/201919/06/2019FrenchPDF
Abridged model31/12/201712/06/201802/07/2018FrenchPDF
Abridged modelCorrection31/12/201627/04/201709/08/2017FrenchPDF
Abridged modelCorrection31/12/201627/04/201731/05/2017FrenchPDF
Abridged model31/12/201627/04/201718/05/2017FrenchPDF
Abridged model31/12/201528/04/201603/05/2016FrenchPDF
Abridged model31/12/201429/10/201529/10/2015FrenchPDF
Abridged model31/12/201324/04/201408/05/2014FrenchPDF
Abridged model31/12/201225/04/201306/05/2013FrenchPDF
Abridged model31/12/201126/04/201203/07/2012FrenchPDF
Abridged model31/12/201028/04/201118/05/2011FrenchPDF
Abridged model31/12/200922/04/201021/05/2010FrenchPDF
Abridged model31/12/200829/06/200902/07/2009FrenchPDF
Abridged model31/12/200730/04/200820/05/2008FrenchPDF
Abridged model31/12/200620/12/200720/12/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

6 active · 71 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Pascal ENGLEBERT
Government commissioner05/09/2024 → 05/09/2029
Karl ADAMS
Director12/06/2023 → 12/06/2028
0
Marie-Claire LAMBERT
Director12/06/2023 → 12/06/2028
00
Christine DEFRAIGNE
Vice-chairman of the board of directors12/03/2023 → 15/01/2026
0
Willy DEMEYER
Chairman of the board of directors12/03/2023 → 12/03/2028
00
Marie-Odile CLAUDE
Government commissioner10/10/2019 → 10/10/2029
0

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Christine DEFRAIGNE
Vice-chairman of the board of directors12/03/2023 → 12/03/2028
0
Sophie DAWANCE
Government commissioner18/12/2019 → 05/09/2024
Sophie DAWANCE
Government commissioner18/12/2019 → 18/12/2024
Marie-Odile CLAUDE
Government commissioner10/10/2019 → 10/10/2024
0

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/03/2026
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/06/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/08/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/08/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/11/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/06/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/06/2010
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF

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 2025-40,4 k €↓
  2. 2024
    Annual accounts 2024-20,5 k €↑
  3. 2023
    Annual accounts 2023-54,9 k €↑
  4. 2023
    Name changeSOCIETE DE DEVELOPPEMENT DE LIEGE GUILLEMINS
  5. 2022
    Annual accounts 2022-56,3 k €↓
  6. 2021
    Annual accounts 2021-56,2 k €↑
  7. 2020
    Annual accounts 2020-56,4 k €↓
  8. 2019
    Annual accounts 2019-55,8 k €↓
  9. 2018
    Annual accounts 2018-55,5 k €↑
  10. 2017
    Annual accounts 2017-60,8 k €↓
  11. 2016
    Annual accounts 2016-39,5 k €↑
  12. 2015
    Annual accounts 2015-82,6 k €↓
  13. 2013
    Annual accounts 2013-56,2 k €↓
  14. 2012
    Annual accounts 2012-41 k €↓
  15. 2011
    Annual accounts 2011-38,9 k €↓
  16. 2010
    Annual accounts 201027,1 k €↑
  17. 2009
    Annual accounts 2009-18,7 k €
  18. 24/09/1993
    IncorporationPublic limited company

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue du Vertbois 11, 4000 LiègeCurrent
CBE, tracked since 27/09/2026
CBE
Rue Sainte-Marie 5/5, 4000 Liège
accounts 2023 → 2025
Accounts 2025 · 2026-00049424
RUE SAINTE-MARIE 5, 4000 Liège
accounts 2021 → 2022
Accounts 2022 · 2023-00088384

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
SOCIETE DE DEVELOPPEMENT DE LIEGE GUILLEMINSCurrent
accounts 2023 → 2025 · CBE, tracked since 27/09/2026
Accounts 2025 · 2026-00049424
SOCIETE DE DEVELOPPEMENT LIEGE-GUILLEMINS
accounts 2021 → 2022
Accounts 2022 · 2023-00088384

Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.