ACTIVE

ENGINEERING RECHERCHE ET DEVELOPPEMENT

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Financial year 2025 · Closed on 31/12/2025

Net result84,2 k €+237,2 %over 1 year
Gross margin77,7 k €+244,0 %over 1 year
Equity88,6 k €+1 921,8 %over 1 year

Identity

Source · BCE/KBO

ENGINEERING RECHERCHE ET DEVELOPPEMENT is a Private limited company incorporated in 1997. Its main activity is: Non-specialised wholesale trade. Its registered office is in Walcourt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0460.238.472
Incorporation
26/03/1997
Legal form
Private limited company
Registered office
Allée J.F. Kennedy(Cha) 1
5650 Walcourt · WallonieSee on map
Contributed capital
18 746,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin77,7 k €-54 k €13,8 k €47,1 k €30,1 k €
EBITDA76,5 k €-56,1 k €13,7 k €46,1 k €27,1 k €
Operating result76,5 k €-60,2 k €5,5 k €38 k €23 k €
Net result84,2 k €-61,4 k €-7,9 k €28,1 k €17,2 k €
Balance sheet
Equity88,6 k €4,4 k €65,8 k €73,6 k €45,5 k €
Total assets134,3 k €73,2 k €131,6 k €144,9 k €114,9 k €
Cash16 k €33 k €68,2 k €63 k €29,9 k €
Debts45,7 k €68,9 k €65,8 k €71,3 k €69,4 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

Andree Verbeck

Mandate

Active
Josiane Verbeck

Mandate

Active
Ludovic Bougard

Mandate

Active

Ended mandates

MARIUS BOUGARD

Mandate

Ended

Other companies at this address

Allée J.F. Kennedy(Cha) 1 5650 Walcourt
CompanyCBE no.
Immo Labruyère● Active
0654.842.248
InserelecGreen● Active
0792.585.614
NB Sports● Active
0810.569.018

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro 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 date23/03/202613/09/202507/03/202504/03/202530/09/202212/10/2021
General meeting20/03/202613/09/202520/05/202422/05/202323/06/202228/05/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202520/03/202623/03/2026FrenchPDF
Micro model31/12/202413/09/202513/09/2025FrenchPDF
Micro model31/12/202320/05/202407/03/2025FrenchPDF
Abridged model31/12/202222/05/202304/03/2025FrenchPDF
Abridged model31/12/202123/06/202230/09/2022FrenchPDF
Abridged model31/12/202028/05/202112/10/2021FrenchPDF
Abridged model31/12/201925/10/202017/11/2020FrenchPDF
Abridged model31/12/201820/05/201929/08/2019FrenchPDF
Abridged model31/12/201722/05/201811/06/2018FrenchPDF
Abridged model31/12/201603/07/201718/07/2017FrenchPDF
Abridged model31/12/201529/07/201603/08/2016FrenchPDF
Abridged model31/12/201421/08/201528/08/2015FrenchPDF
Abridged model31/12/201309/05/201408/08/2014FrenchPDF
Abridged model31/12/201230/06/201325/07/2013FrenchPDF
Abridged model31/12/201102/09/201213/09/2012FrenchPDF
Abridged model31/12/201002/07/201111/08/2011FrenchPDF
Abridged model31/12/200915/05/201015/07/2010FrenchPDF
Abridged model31/12/200815/05/200912/06/2009FrenchPDF
Abridged model31/12/200716/05/200826/08/2008FrenchPDF
Abridged model31/12/200614/05/200722/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

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

3 active · 1 ended

Active mandates

Andree Verbeck

Mandate

Active
Josiane Verbeck

Mandate

Active
Ludovic Bougard

Mandate

Active

Ended mandates

MARIUS BOUGARD

Mandate

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/05/2026
    MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Court decision24/04/2025
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - DIVERS
    PDF
  • Capital / shares14/12/2015
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office27/08/2010
    SIEGE SOCIAL
    PDF
  • Mandates24/09/2007
    SIEGE SOCIAL - DENOMINATION - CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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 202584,2 k €↑
  2. 2024
    Annual accounts 2024-61,4 k €↓
  3. 2023
    Annual accounts 2023-7,9 k €↓
  4. 2022
    Annual accounts 202228,1 k €↑
  5. 2021
    Annual accounts 202117,2 k €↑
  6. 2020
    Annual accounts 202011,2 k €↑
  7. 2019
    Annual accounts 2019-3,6 k €↓
  8. 2018
    Annual accounts 201832,1 k €↓
  9. 2017
    Annual accounts 201739,4 k €↑
  10. 2016
    Annual accounts 201612,5 k €↑
  11. 2015
    Annual accounts 20154,5 k €↓
  12. 2014
    Annual accounts 201412,8 k €↓
  13. 2013
    Annual accounts 201317,2 k €↑
  14. 2012
    Annual accounts 2012-2,7 k €↑
  15. 2011
    Annual accounts 2011-14,1 k €↓
  16. 2010
    Annual accounts 2010714 €↓
  17. 2009
    Annual accounts 2009145,9 k €↑
  18. 2008
    Annual accounts 2008-29,4 k €↓
  19. 2007
    Annual accounts 2007-10,2 k €↑
  20. 2006
    Annual accounts 2006-19,1 k €
  21. 26/03/1997
    IncorporationPrivate limited company