ERSTIMMO
0451.071.279 · rovalta.com · 22/09/2026
ACTIVE
ERSTIMMO
Financial year 2025 · closed on 31/12/2025
Net result
-11,9 k €
-106.3% YoY
Gross margin
25,5 k €
-94.2% YoY
Equity
68,2 k €
-60.1% YoY
Overview
What does ERSTIMMO do?
ERSTIMMO is a Public limited company incorporated in 1993. Its registered office is in Liège.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0451.071.279
Incorporation
21/09/1993
Legal form
Public limited company
Registered office
Rue du Vieux-Frêne 9
4031 Liège · WallonieSee on map
4031 Liège · WallonieSee on map
Contributed capital
65 632,88 €
Latest accounts
31/12/2025
Joint committees (1)
- 314
Signals
Positive cashflowPositive EBITDA
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 25,5 k € | -94.2% | 443,6 k € | +55.2% | 285,9 k € | -18.1% | 349 k € | +170% | 129,5 k € | -19.7% | 161,2 k € | -43.0% | 282,7 k € | +1.9% | 277,5 k € | +48.5% | 186,8 k € | +13.9% | 164 k € | +4.5% | 157 k € | +13.8% | 138 k € | -5.8% | 146,5 k € | -22.3% | 188,7 k € | -27.8% | 261,3 k € | -2.6% | 268,3 k € | +45.5% | 184,3 k € | -23.3% | 240,2 k € | +8.8% | 220,8 k € | +75.2% | 126 k € |
| EBITDA | 15,3 k € | -93.7% | 241,5 k € | +285% | 62,7 k € | -58.5% | 151,1 k € | +921% | 14,8 k € | -84.8% | 97,5 k € | -22.0% | 125 k € | -13.1% | 143,8 k € | +79.1% | 80,3 k € | +3.9% | 77,3 k € | +25.1% | 61,8 k € | +80.7% | 34,2 k € | -54.6% | 75,3 k € | -41.0% | 127,6 k € | -28.0% | 177,2 k € | -13.6% | 205 k € | +67.8% | 122,2 k € | -29.8% | 174,1 k € | -11.0% | 195,7 k € | +111% | 92,5 k € |
| Operating result | -5,8 k € | -103% | 209,3 k € | +1911% | 10,4 k € | -83.5% | 63,1 k € | +179% | -79,8 k € | -3566% | 2,3 k € | -40.3% | 3,9 k € | -92.0% | 48,5 k € | +108% | 23,3 k € | +635% | -4,4 k € | -193% | 4,7 k € | +109% | -50,5 k € | -161% | -19,4 k € | -204% | 18,7 k € | -70.8% | 64 k € | -19.3% | 79,4 k € | +398% | 15,9 k € | -77.6% | 71 k € | -25.1% | 94,8 k € | +575% | -20 k € |
| Net result | -11,9 k € | -106% | 188,5 k € | +14179% | 1,3 k € | -97.6% | 54,7 k € | +162% | -87,8 k € | -1679% | -4,9 k € | -10.9% | -4,4 k € | -111% | 41,8 k € | +129% | 18,3 k € | +452% | -5,2 k € | -366% | 2 k € | +104% | -54,9 k € | -123% | -24,7 k € | -300% | 12,4 k € | -77.6% | 55,3 k € | -14.0% | 64,3 k € | +1755% | 3,5 k € | -93.8% | 55,6 k € | -26.8% | 76 k € | +323% | -34,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 68,2 k € | -60.1% | 170,9 k € | +214% | 54,5 k € | +2.5% | 53,1 k € | +3496% | -1,6 k € | -102% | 86,2 k € | -5.4% | 91,1 k € | -48.1% | 175,6 k € | +31.2% | 133,8 k € | +15.8% | 115,5 k € | -4.3% | 120,7 k € | +1.6% | 118,7 k € | -31.6% | 173,7 k € | -12.4% | 198,4 k € | +6.6% | 186 k € | +0.1% | 185,8 k € | +6.8% | 174 k € | +2.0% | 170,5 k € | +6.6% | 159,9 k € | +19.4% | 133,9 k € |
| Total assets | 325,8 k € | -52.9% | 691,6 k € | +54.0% | 448,9 k € | -4.4% | 469,6 k € | +1.1% | 464,6 k € | -16.0% | 553,3 k € | -8.9% | 607,7 k € | -21.5% | 774,3 k € | +90.7% | 406,1 k € | -0.7% | 409,1 k € | +79.5% | 227,9 k € | -18.9% | 280,9 k € | -26.4% | 381,6 k € | -16.4% | 456,5 k € | -20.4% | 573,7 k € | -9.6% | 634,8 k € | +15.9% | 547,9 k € | -19.4% | 679,4 k € | -9.7% | 752,6 k € | -2.5% | 771,5 k € |
| Cash | 10,3 k € | -95.8% | 242,2 k € | +152% | 96,2 k € | +28.3% | 75 k € | +71.2% | 43,8 k € | -32.3% | 64,7 k € | +79.8% | 36 k € | -59.7% | 89,4 k € | +249% | 25,6 k € | +9.1% | 23,5 k € | -15.2% | 27,7 k € | -13.4% | 32 k € | -70.1% | 107 k € | +18.7% | 90,2 k € | -33.2% | 135,1 k € | +9.7% | 123,1 k € | +187% | 43 k € | -40.5% | 72,2 k € | -9.3% | 79,6 k € | +139% | 33,3 k € |
| Debts | 257,5 k € | -50.4% | 518,9 k € | +31.7% | 394 k € | -5.4% | 416,3 k € | -10.7% | 466,1 k € | -0.2% | 467 k € | -9.6% | 516,4 k € | -13.7% | 598,7 k € | +120% | 272 k € | -7.3% | 293,5 k € | +176% | 106,5 k € | -33.9% | 161,1 k € | -22.3% | 207,5 k € | -19.6% | 257,9 k € | -33.3% | 386,6 k € | -13.8% | 448,5 k € | +20.1% | 373,6 k € | -26.6% | 508,6 k € | -14.1% | 592,5 k € | -7.0% | 636,9 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | 2,2 ETP | -4.3% | 2,3 ETP | 0.0% | 2,3 ETP | +4.5% | 2,2 ETP | +10.0% | 2,0 ETP | +11.1% | 1,8 ETP | -5.3% | 1,9 ETP | +11.8% | 1,7 ETP | +6.2% | 1,6 ETP | 0.0% | 1,6 ETP | -5.9% | 1,7 ETP | -15.0% | 2,0 ETP | +33.3% | 1,5 ETP | -37.5% | 2,4 ETP | +20.0% | 2,0 ETP | 0.0% | 2,0 ETP | +233% | 0,6 ETP | 0.0% | 0,6 ETP | +100% | 0,3 ETP | |
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 48 ended
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
ERSTA● Active | 1025.265.155 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 31/08/2026 | 04/06/2025 | 26/07/2024 | 30/08/2023 | 18/08/2022 | 19/08/2021 |
| General meeting | 30/06/2026 | 16/05/2025 | 28/02/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 30/06/2026 | 31/08/2026 | French | |
| Abridged model | 31/12/2024 | 16/05/2025 | 04/06/2025 | French | |
| Abridged model | 31/12/2023 | 28/02/2024 | 26/07/2024 | French | |
| Abridged model | 31/12/2022 | 30/06/2023 | 30/08/2023 | French | |
| Abridged model | 31/12/2021 | 30/06/2022 | 18/08/2022 | French | |
| Abridged model | 31/12/2020 | 30/06/2021 | 19/08/2021 | French | |
| Abridged model | 31/12/2019 | 29/05/2020 | 16/07/2020 | French | |
| Abridged model | 31/12/2018 | 06/05/2019 | 04/07/2019 | French | |
| Abridged model | 31/12/2017 | 18/06/2018 | 28/06/2018 | French | |
| Abridged model | 31/12/2016 | 19/05/2017 | 19/06/2017 | French | |
| Abridged model | 31/12/2015 | 15/06/2016 | 20/07/2016 | French | |
| Abridged model | 31/12/2014 | 21/05/2015 | 19/08/2015 | French | |
| Abridged model | 31/12/2013 | 11/06/2014 | 03/07/2014 | French | |
| Abridged model | 31/12/2012 | 30/05/2013 | 20/06/2013 | French | |
| Abridged model | 31/12/2011 | 27/03/2012 | 26/04/2012 | French | |
| Abridged model | 31/12/2010 | 26/05/2011 | 06/06/2011 | French | |
| Abridged model | 31/12/2009 | 04/06/2010 | 10/06/2010 | French | |
| Abridged model | 31/12/2008 | 18/05/2009 | 19/05/2009 | French | |
| Abridged model | 31/12/2007 | 26/05/2008 | 23/06/2008 | French | |
| Abridged model | 31/12/2006 | 15/05/2007 | 12/06/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 48 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Restructuring20/11/2025OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Mandates11/07/2025STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - DIVERS - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
- Restructuring28/05/2025RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Mandates13/06/2024DEMISSIONS, NOMINATIONS
- Mandates27/07/2020DEMISSIONS, NOMINATIONS
- Capital / shares15/05/2019CAPITAL, ACTIONS
- Registered office22/01/2015SIEGE SOCIAL
- Mandates02/07/2014DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-11,9 k €↓
- 2025Name changeERSTIMMO
- 2024Annual accounts 2024188,5 k €↑
- 2023Annual accounts 20231,3 k €↓
- 2022Annual accounts 202254,7 k €↑
- 2021Annual accounts 2021-87,8 k €↓
- 2020Annual accounts 2020-4,9 k €↓
- 2019Annual accounts 2019-4,4 k €↓
- 2018Annual accounts 201841,8 k €↑
- 2017Annual accounts 201718,3 k €↑
- 2016Annual accounts 2016-5,2 k €↓
- 2015Annual accounts 20152 k €↑
- 2014Annual accounts 2014-54,9 k €↓
- 2013Annual accounts 2013-24,7 k €↓
- 2012Annual accounts 201212,4 k €↓
- 2011Annual accounts 201155,3 k €↓
- 2010Annual accounts 201064,3 k €↑
- 2009Annual accounts 20093,5 k €↓
- 2008Annual accounts 200855,6 k €↓
- 2007Annual accounts 200776 k €↑
- 2006Annual accounts 2006-34,1 k €
- 2006Name changeERSTA
- 21/09/1993IncorporationPublic limited company