EVS
0452.080.178 · rovalta.com · 22/09/2026
ACTIVE
EVS
Financial year 2025 · closed on 31/12/2025
Net result
35 M €
-6.4% YoY
Revenue
188,1 M €
+5.3% YoY
Equity
193,8 M €
+10.3% YoY
Workforce
442,7 ETP
+6.5% YoY
Overview
What does EVS do?
EVS is a Public limited company incorporated in 1994. Its main activity is: Manufacture of communication equipment. Its registered office is in Seraing. It employs on average 442,7 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0452.080.178
Incorporation
17/02/1994
Legal form
Public limited company
Registered office
Rue du Bois St-Jean 13
4102 Seraing · WallonieSee on map
4102 Seraing · WallonieSee on map
Contributed capital
23 234 748,12 €
Latest accounts
31/12/2025
Average workforce
442,7 ETP
Activities (NACE)
26300Manufacture of communication equipment· main26300Manufacture of communication equipment32300Manufacture of sports goods47400Retail sale of information and communication equipment in specialised stores47410Retail sale of computers, peripheral units and software in specialised stores26300Manufacture of communication equipment+5
Joint committees (1)
- 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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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 | |||||||||||||||||||||||||||||||||||||||
| Revenue | 188,1 M € | +5.3% | 178,6 M € | +23.2% | 145,1 M € | +22.6% | 118,3 M € | +4.5% | 113,2 M € | +65.2% | 68,5 M € | -22.0% | 87,9 M € | -2.9% | 90,5 M € | -7.8% | 98,2 M € | -3.0% | 101,2 M € | +4.9% | 96,5 M € | -18.2% | 117,9 M € | +21.7% | 96,9 M € | -16.6% | 116,3 M € | +35.7% | 85,7 M € | +4.5% | 81,9 M € | +20.6% | 67,9 M € | -24.7% | 90,2 M € | +13.8% | 79,3 M € | +9.7% | 72,3 M € |
| EBITDA | 86,8 M € | +20.2% | 72,2 M € | +21.1% | 59,6 M € | +31.8% | 45,2 M € | -19.1% | 55,9 M € | +115% | 25,9 M € | -36.3% | 40,7 M € | -1.8% | 41,4 M € | -10.4% | 46,3 M € | -17.7% | 56,2 M € | +23.0% | 45,7 M € | +16.1% | 39,4 M € | -0.6% | 39,6 M € | -19.6% | 49,3 M € | +34.4% | 36,7 M € | -21.3% | 46,6 M € | +33.4% | 34,9 M € | -39.4% | 57,7 M € | +7.0% | 53,9 M € | +5.1% | 51,3 M € |
| Operating result | 42,8 M € | +6.0% | 40,4 M € | +48.3% | 27,2 M € | +27.8% | 21,3 M € | -31.1% | 30,9 M € | +600% | 4,4 M € | -72.4% | 16 M € | +9.8% | 14,6 M € | -5.5% | 15,4 M € | -41.0% | 26,2 M € | -26.8% | 35,7 M € | +4.1% | 34,3 M € | -2.0% | 35 M € | -25.3% | 46,9 M € | +43.3% | 32,7 M € | -23.6% | 42,9 M € | +36.0% | 31,5 M € | -42.6% | 54,9 M € | +6.5% | 51,5 M € | +4.0% | 49,5 M € |
| Net result | 35 M € | -6.4% | 37,4 M € | +40.2% | 26,7 M € | +12.8% | 23,6 M € | -32.0% | 34,8 M € | +1166% | 2,7 M € | -85.3% | 18,7 M € | -34.0% | 28,3 M € | +43.0% | 19,8 M € | -30.8% | 28,5 M € | -14.9% | 33,5 M € | +14.8% | 29,2 M € | -20.4% | 36,7 M € | -7.2% | 39,6 M € | +8.1% | 36,6 M € | +14.9% | 31,9 M € | +15.8% | 27,5 M € | -33.1% | 41,2 M € | -2.1% | 42,1 M € | +13.2% | 37,2 M € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 193,8 M € | +10.3% | 175,7 M € | +14.1% | 153,9 M € | +7.8% | 142,9 M € | +1.1% | 141,3 M € | +11.0% | 127,3 M € | -3.3% | 131,6 M € | +9.2% | 120,5 M € | +31.6% | 91,6 M € | +6.6% | 85,9 M € | +13.4% | 75,8 M € | +34.1% | 56,5 M € | +7.2% | 52,8 M € | +20.7% | 43,7 M € | +12.8% | 38,8 M € | +12.6% | 34,4 M € | -10.8% | 38,6 M € | -28.2% | 53,8 M € | +14.8% | 46,9 M € | +29.6% | 36,1 M € |
| Total assets | 268,5 M € | +14.8% | 233,9 M € | +11.1% | 210,5 M € | +9.0% | 193,2 M € | +1.6% | 190 M € | +17.7% | 161,5 M € | +0.3% | 161 M € | -3.3% | 166,4 M € | +15.8% | 143,7 M € | -6.4% | 153,5 M € | +4.8% | 146,5 M € | +4.2% | 140,6 M € | +15.2% | 122 M € | +23.6% | 98,7 M € | +3.5% | 95,4 M € | +4.5% | 91,3 M € | +11.3% | 82 M € | -13.0% | 94,2 M € | +12.5% | 83,7 M € | +25.8% | 66,6 M € |
| Cash | 13,8 M € | -58.9% | 33,6 M € | +167% | 12,6 M € | -3.4% | 13 M € | -75.3% | 52,7 M € | +155% | 20,7 M € | -38.2% | 33,5 M € | -36.4% | 52,7 M € | +93.1% | 27,3 M € | -36.7% | 43,1 M € | +176% | 15,6 M € | -21.4% | 19,8 M € | +307% | 4,9 M € | -52.1% | 10,2 M € | +124% | 4,6 M € | +3.9% | 4,4 M € | +121% | 2 M € | -29.6% | 2,8 M € | +135% | 1,2 M € | -65.8% | 3,5 M € |
| Debts | 56 M € | +24.8% | 44,8 M € | -0.1% | 44,9 M € | +6.2% | 42,2 M € | +9.2% | 38,7 M € | +37.0% | 28,2 M € | +16.9% | 24,2 M € | -38.2% | 39,1 M € | -18.0% | 47,6 M € | -22.8% | 61,7 M € | -7.2% | 66,5 M € | -16.6% | 79,7 M € | +24.2% | 64,2 M € | +27.3% | 50,4 M € | -4.0% | 52,5 M € | -0.8% | 52,9 M € | +32.0% | 40 M € | +6.2% | 37,7 M € | +12.6% | 33,5 M € | +20.8% | 27,7 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 442,7 ETP | +6.5% | 415,7 ETP | +6.1% | 391,7 ETP | +7.0% | 366,0 ETP | +8.8% | 336,4 ETP | +2.4% | 328,5 ETP | -1.9% | 335,0 ETP | -4.7% | 351,7 ETP | +7.2% | 328,0 ETP | +3.5% | 317,0 ETP | +4.7% | 302,9 ETP | -0.4% | 304,2 ETP | +5.2% | 289,2 ETP | +3.1% | 280,4 ETP | +12.2% | 249,9 ETP | +17.2% | 213,3 ETP | +16.3% | 183,4 ETP | +14.6% | 160,1 ETP | +26.7% | 126,4 ETP | +18.8% | 106,4 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 500 M€ and 1.000 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 9 active · 70 ended
Active mandates
Active
Active
Michel Counson
ActiveActive
Active
Active
Frédéric Vincent
ActiveMarco Miserez
ActiveEnded mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Live Vision Systems● Active | 1041.434.659 |
SportsTech Belgium● Active | 1010.075.549 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full 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 | 10/06/2026 | 04/06/2025 | 11/06/2024 | 08/06/2023 | 15/06/2022 | 15/06/2021 |
| General meeting | 19/05/2026 | 20/05/2025 | 21/05/2024 | 16/05/2023 | 17/05/2022 | 18/05/2021 |
| 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
41 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 19/05/2026 | 10/06/2026 | French | |
| m120-f-p | 31/12/2025 | 19/05/2026 | 10/06/2026 | French | |
| Full model | 31/12/2024 | 20/05/2025 | 04/06/2025 | French | |
| m120-f-p | 31/12/2024 | 20/05/2025 | 04/06/2025 | French | |
| Full model | 31/12/2023 | 21/05/2024 | 11/06/2024 | French | |
| m120-f-p | 31/12/2023 | 21/05/2024 | 11/06/2024 | French | |
| Full model | 31/12/2022 | 16/05/2023 | 08/06/2023 | French | |
| m120-f-p | 31/12/2022 | 16/05/2023 | 06/06/2023 | French | |
| Full model | 31/12/2021 | 17/05/2022 | 15/06/2022 | French | |
| m120-f-p | 31/12/2021 | 17/05/2022 | 17/06/2022 | French | |
| Full model | 31/12/2020 | 18/05/2021 | 15/06/2021 | French | |
| m120-f-p | 31/12/2020 | 18/05/2021 | 15/06/2021 | French | |
| Full model | 31/12/2019 | 19/05/2020 | 30/06/2020 | French | |
| m120-f-p | 31/12/2019 | 19/05/2020 | 02/07/2020 | French | |
| Full model | 31/12/2018 | 21/05/2019 | 01/07/2019 | French | |
| m120-f-p | 31/12/2018 | 21/05/2019 | 20/06/2019 | French | |
| Full model | 31/12/2017 | 15/05/2018 | 28/05/2018 | French | |
| m120-f-p | 31/12/2017 | 15/05/2018 | 28/05/2018 | French | |
| Full model | 31/12/2016 | 16/05/2017 | 09/06/2017 | French | |
| m120-f-p | 31/12/2016 | 16/05/2017 | 08/06/2017 | French | |
| Full model | 31/12/2015 | 17/05/2016 | 19/05/2016 | French | |
| m120-f-p | 31/12/2015 | 17/05/2016 | 19/05/2016 | French | |
| Full modelCorrection | 31/12/2014 | 19/05/2015 | 23/07/2015 | French | |
| Full model | 31/12/2014 | 19/05/2015 | 19/06/2015 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 500 M€ and 1.000 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.
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 · 9 active · 70 ended
Active mandates
Active
Active
Michel Counson
ActiveActive
Active
Active
Frédéric Vincent
ActiveMarco Miserez
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other31/08/2026Extrait du procès verbal de l'Assemblée Générale Ordinaire du mardi 19 mai
- Other19/08/2026Pouvoirs
- Mandates10/06/2026STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - DIVERS
- Mandates10/06/2026DEMISSIONS, NOMINATIONS - DIVERS
- Mandates25/06/2025DEMISSIONS, NOMINATIONS
- Other13/06/2025DIVERS
- Other08/04/2025STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates13/09/2024DEMISSIONS, 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 202535 M €↓
- 20/05/2025reconduction7 Capital SRL — Administrateur
- 20/05/2025nominationPricewaterhouseCoopers SRL — commissaire
- 2024Annual accounts 202437,4 M €↑
- 21/05/2024reconductionThe House of Value — Advisory & Solutions BV — Administrateur
- 21/05/2024reconductionInnoconsult BV — Administrateur
- 21/05/2024reconductionMichel Counson — Administrateur
- 2023Annual accounts 202326,7 M €↑
- 16/05/2023reconductionAccompany You SRL — Administrateur
- 16/05/2023nominationInnoVision BV — administrateur délégué
- 16/05/2023nominationFRINSO SRL — Administrateur
- 2022Annual accounts 202223,6 M €↓
- 17/05/2022reconductionErnst & Young Réviseurs d'Entreprises SRL — commissaire
- 17/05/2022nominationFrédéric Vincent — Administrateur
- 17/05/2022nominationMarco Miserez — Administrateur
- 2021Annual accounts 202134,8 M €↑
- 2020Annual accounts 20202,7 M €↓
- 2019Annual accounts 201918,7 M €↓
- 2018Annual accounts 201828,3 M €↑
- 2017Annual accounts 201719,8 M €↓
- 2016Annual accounts 201628,5 M €↓
- 2015Annual accounts 201533,5 M €↑
- 2014Annual accounts 201429,2 M €↓
- 2013Annual accounts 201336,7 M €↓
- 2012Annual accounts 201239,6 M €↑
- 2011Annual accounts 201136,6 M €↑
- 2010Annual accounts 201031,9 M €↑
- 2009Annual accounts 200927,5 M €↓
- 2008Annual accounts 200841,2 M €↓
- 2007Annual accounts 200742,1 M €↑
- 2006Annual accounts 200637,2 M €
- 17/02/1994IncorporationPublic limited company