ETS WARLING
0460.073.869 · rovalta.com · 23/09/2026
ACTIVE
ETS WARLING
Financial year 2025 · closed on 31/12/2025
Net result
-634,3 €
+49.1% YoY
Gross margin
-481,3 €
+56.0% YoY
Equity
-72,3 k €
-0.9% YoY
Overview
What does ETS WARLING do?
ETS WARLING is a Public limited company incorporated in 1997. Its registered office is in Aubange.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0460.073.869
Incorporation
21/02/1997
Legal form
Public limited company
Registered office
Rue de la Forge - AIX-s-CLOIE 43
6792 Aubange · WallonieSee on map
6792 Aubange · WallonieSee on map
Contributed capital
61 973,38 €
Latest accounts
31/12/2025
Joint committees (2)
- 112
- 218
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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 | -481,3 € | +56.0% | -1,1 k € | +0.7% | -1,1 k € | +3.9% | -1,1 k € | +27.1% | -1,6 k € | +0.2% | -1,6 k € | +42.1% | -2,7 k € | +37.7% | -4,4 k € | +45.5% | -8 k € | -103% | 267,7 k € | +18.1% | 226,8 k € | +24.7% | 181,8 k € | -23.1% | 236,3 k € | +49.0% | 158,6 k € | -29.9% | 226,2 k € | +87.4% | 120,7 k € | -23.4% | 157,6 k € | +57.0% | 100,4 k € | -28.7% | 140,7 k € | -4.5% | 147,4 k € |
| EBITDA | -481,3 € | +56.0% | -1,1 k € | +0.7% | -1,1 k € | +3.9% | -1,1 k € | +30.6% | -1,7 k € | -4.7% | -1,6 k € | +60.5% | -4 k € | +72.4% | -14,4 k € | +36.2% | -22,6 k € | -151% | 44,2 k € | +3039% | -1,5 k € | +68.0% | -4,7 k € | -109% | 50 k € | +282% | 13,1 k € | -74.0% | 50,5 k € | +964% | 4,7 k € | -87.8% | 38,8 k € | +32.2% | 29,4 k € | -58.3% | 70,5 k € | -19.9% | 88 k € |
| Operating result | -481,3 € | +56.0% | -1,1 k € | +0.7% | -1,1 k € | +3.9% | -1,1 k € | +30.6% | -1,7 k € | -4.7% | -1,6 k € | +60.5% | -4 k € | +72.4% | -14,4 k € | +36.2% | -22,6 k € | -155% | 41,4 k € | +1117% | -4,1 k € | +50.0% | -8,2 k € | -118% | 46,4 k € | +1960% | 2,3 k € | -94.4% | 40,2 k € | +752% | -6,2 k € | -118% | 34 k € | +37.8% | 24,7 k € | -63.7% | 68 k € | -18.5% | 83,4 k € |
| Net result | -634,3 € | +49.1% | -1,2 k € | -1.3% | -1,2 k € | +8.4% | -1,3 k € | +27.3% | -1,8 k € | +4.6% | -1,9 k € | +53.4% | -4,1 k € | +72.0% | -14,8 k € | +35.2% | -22,8 k € | -162% | 36,9 k € | +719% | -6 k € | +41.5% | -10,2 k € | -125% | 41,2 k € | +16953% | -244,4 € | -101% | 25,6 k € | +215% | -22,3 k € | -198% | 22,8 k € | +104% | 11,2 k € | -73.5% | 42,4 k € | -36.1% | 66,3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | -72,3 k € | -0.9% | -71,7 k € | -1.8% | -70,4 k € | -1.8% | -69,2 k € | -2.0% | -67,8 k € | -2.8% | -66 k € | -3.0% | -64,1 k € | -6.9% | -59,9 k € | -32.8% | -45,1 k € | -102% | -22,3 k € | +62.4% | -59,2 k € | -11.2% | -53,2 k € | -23.7% | -43,1 k € | +48.9% | -84,2 k € | -0.3% | -84 k € | +23.4% | -109,6 k € | -25.5% | -87,3 k € | +20.7% | -110,2 k € | +9.2% | -121,4 k € | +25.9% | -163,8 k € |
| Total assets | 7,4 k € | -6.3% | 7,9 k € | -13.6% | 9,2 k € | -45.5% | 16,8 k € | +3.2% | 16,3 k € | -14.1% | 19 k € | -59.0% | 46,3 k € | -30.4% | 66,5 k € | -27.4% | 91,6 k € | -60.8% | 234 k € | -21.1% | 296,5 k € | -27.2% | 407,1 k € | +9.8% | 370,6 k € | +0.5% | 368,8 k € | +21.9% | 302,6 k € | -9.2% | 333,5 k € | -10.5% | 372,4 k € | +12.2% | 331,8 k € | +31.1% | 253,1 k € | -20.1% | 316,9 k € |
| Cash | 6,9 k € | +2.7% | 6,7 k € | -17.8% | 8,2 k € | -50.6% | 16,6 k € | +6.1% | 15,7 k € | +61.1% | 9,7 k € | -68.2% | 30,6 k € | -31.5% | 44,7 k € | -16.3% | 53,3 k € | -36.0% | 83,3 k € | +21.7% | 68,5 k € | +0.5% | 68,2 k € | +20.0% | 56,8 k € | +91.0% | 29,7 k € | -29.1% | 42 k € | -65.8% | 122,6 k € | +29.1% | 95 k € | +48.3% | 64,1 k € | -25.1% | 85,5 k € | +93.7% | 44,1 k € |
| Debts | 79,7 k € | +0.2% | 79,6 k € | 0.0% | 79,6 k € | -7.5% | 86 k € | +2.2% | 84,1 k € | -1.0% | 85 k € | -23.0% | 110,4 k € | -12.7% | 126,4 k € | -7.6% | 136,8 k € | -42.9% | 239,4 k € | -27.9% | 331,9 k € | -27.2% | 455,8 k € | +11.5% | 408,6 k € | -3.9% | 425 k € | +18.5% | 358,7 k € | -18.1% | 438,1 k € | +1.1% | 433,4 k € | -1.1% | 438 k € | +18.1% | 370,8 k € | -22.2% | 476,7 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | 6,8 ETP | -2.9% | 7,0 ETP | -4.1% | 7,3 ETP | +25.9% | 5,8 ETP | +18.4% | 4,9 ETP | -14.0% | 5,7 ETP | +35.7% | 4,2 ETP | -19.2% | 5,2 ETP | +33.3% | 3,9 ETP | -9.3% | 4,3 ETP | +22.9% | 3,5 ETP | |||||||||
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 8 ended
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 23/07/2026 | 25/08/2025 | 01/07/2024 | 24/08/2023 | 29/06/2022 | 22/09/2021 |
| General meeting | 27/06/2026 | 28/06/2025 | 29/06/2024 | 24/06/2023 | 25/06/2022 | 04/09/2021 |
| 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 | 27/06/2026 | 23/07/2026 | French | |
| Micro model | 31/12/2024 | 28/06/2025 | 25/08/2025 | French | |
| Micro model | 31/12/2023 | 29/06/2024 | 01/07/2024 | French | |
| Micro model | 31/12/2022 | 24/06/2023 | 24/08/2023 | French | |
| Micro model | 31/12/2021 | 25/06/2022 | 29/06/2022 | French | |
| Micro model | 31/12/2020 | 04/09/2021 | 22/09/2021 | French | |
| Micro model | 31/12/2019 | 25/09/2020 | 23/10/2020 | French | |
| Abridged model | 31/12/2018 | 30/09/2019 | 30/09/2019 | French | |
| Micro model | 31/12/2017 | 22/11/2018 | 27/11/2018 | French | |
| Abridged model | 31/12/2016 | 15/09/2017 | 25/09/2017 | French | |
| Abridged model | 31/12/2015 | 25/06/2016 | 30/08/2016 | French | |
| Abridged model | 31/12/2014 | 24/11/2015 | 18/12/2015 | French | |
| Abridged model | 31/12/2013 | 27/09/2014 | 30/09/2014 | French | |
| Abridged model | 31/12/2012 | 09/11/2013 | 18/11/2013 | French | |
| Abridged model | 31/12/2011 | 27/10/2012 | 31/10/2012 | French | |
| Abridged model | 31/12/2010 | 22/10/2011 | 14/11/2011 | French | |
| Abridged model | 31/12/2009 | 31/07/2010 | 24/08/2010 | French | |
| Abridged model | 31/12/2008 | 08/08/2009 | 24/08/2009 | French | |
| Abridged model | 31/12/2007 | 26/07/2008 | 22/08/2008 | French | |
| Abridged model | 31/12/2006 | 30/06/2007 | 25/07/2007 | French |
Valuation
Estimate
Indicative valuation
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 · 2 active · 8 ended
Shareholders
Ownership and network
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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 2025-634,3 €↑
- 2025Name changeETS WARLING
- 2024Annual accounts 2024-1,2 k €↓
- 2023Annual accounts 2023-1,2 k €↑
- 2022Annual accounts 2022-1,3 k €↑
- 2021Annual accounts 2021-1,8 k €↑
- 2021Name changeWARLING
- 2020Annual accounts 2020-1,9 k €↑
- 2019Annual accounts 2019-4,1 k €↑
- 2018Annual accounts 2018-14,8 k €↑
- 2017Annual accounts 2017-22,8 k €↓
- 2016Annual accounts 201636,9 k €↑
- 2015Annual accounts 2015-6 k €↑
- 2014Annual accounts 2014-10,2 k €↓
- 2013Annual accounts 201341,2 k €↑
- 2012Annual accounts 2012-244,4 €↓
- 2011Annual accounts 201125,6 k €↑
- 2010Annual accounts 2010-22,3 k €↓
- 2009Annual accounts 200922,8 k €↑
- 2008Annual accounts 200811,2 k €↓
- 2007Annual accounts 200742,4 k €↓
- 2006Annual accounts 200666,3 k €
- 21/02/1997IncorporationPublic limited company