ACTIVE

ECUHOLD (SA)

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Financial year 2025 · closed on 31/03/2025

Net result

21,3 M €

-23.9% YoY

Revenue

10,1 k €

-63.8% YoY

Equity

85,5 M €

-36.3% YoY

Workforce

15,8 ETP

-11.7% YoY

What does ECUHOLD do?

ECUHOLD is a Public limited company incorporated in 1997. Its main activity is: Support activities for transportation. Its registered office is in Antwerpen. It employs on average 15,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0460.849.374

Incorporation

12/06/1997

Legal form

Public limited company

Registered office

Schomhoeveweg 15
2030 Antwerpen · FlandreSee on map

Contributed capital

12 102 467,71 €

Latest accounts

31/03/2025

Average workforce

15,8 ETP

Activities (NACE)

52250Support activities for transportation· main 52290Other transportation support activities 70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	10,1 k €	-63.8%	27,8 k €	+0.0%	27,8 k €	-4.4%	29,1 k €	-89.5%	277,5 k €	-95.7%	6,5 M €	+19.3%	5,4 M €	+17.3%	4,6 M €	-25.0%	6,2 M €	+7.5%	5,7 M €		–		–		–		–		–		–		–		–		–
EBITDA	4,8 M €	+147%	2 M €	-50.4%	3,9 M €	+21.0%	3,3 M €	+436%	-971,6 k €	+48.7%	-1,9 M €	-3974%	-46,5 k €	-102%	2 M €	+544%	-445,3 k €	-114%	3,3 M €	+1021%	293,9 k €	-4.9%	309,1 k €	-46.9%	582,2 k €	-1.7%	592,3 k €	+145%	242,2 k €	-11.3%	273,1 k €	+144%	111,9 k €	-83.4%	673,8 k €	+112%	318,3 k €
Operating result	3 M €	+818%	328,1 k €	-87.2%	2,6 M €	+560%	389,4 k €	+111%	-3,6 M €	+24.9%	-4,8 M €	-114%	-2,3 M €	-1503%	160,9 k €	+113%	-1,3 M €	-142%	3 M €	+1158%	239,8 k €	-14.5%	280,5 k €	-35.8%	437 k €	-22.2%	562,1 k €	+134%	240,6 k €	-9.6%	266 k €	+152%	105,6 k €	+110%	-1,1 M €	-518%	260,5 k €
Net result	21,3 M €	-23.9%	27,9 M €	-45.5%	51,2 M €	+6.0%	48,3 M €	+44.0%	33,5 M €	+395%	6,8 M €	-57.6%	16 M €	+187%	5,6 M €	-29.5%	7,9 M €	-34.7%	12,1 M €	+12.3%	10,8 M €	+309%	2,6 M €	-65.6%	7,7 M €	+52.0%	5 M €	+102%	2,5 M €	+30.0%	1,9 M €	+67.0%	1,1 M €	+1347%	79,4 k €	-94.2%	1,4 M €
Balance sheet
Equity	85,5 M €	-36.3%	134,2 M €	+26.2%	106,3 M €	+11.7%	95,1 M €	+103%	46,8 M €	+1.2%	46,3 M €	-6.5%	49,5 M €	-7.5%	53,6 M €	+11.6%	48 M €	+19.7%	40,1 M €	-8.9%	44 M €	+32.5%	33,2 M €	+8.6%	30,6 M €	+33.4%	22,9 M €	+28.2%	17,9 M €	+16.2%	15,4 M €	+14.3%	13,5 M €	+9.3%	12,3 M €	+0.6%	12,2 M €
Total assets	216,5 M €	-2.4%	221,7 M €	+5.1%	211 M €	+33.1%	158,6 M €	+10.8%	143,1 M €	+7.7%	132,9 M €	-0.1%	133 M €	+10.9%	119,9 M €	+11.9%	107,2 M €	+25.6%	85,4 M €	+33.4%	64 M €	-5.0%	67,4 M €	+50.2%	44,9 M €	+5.0%	42,7 M €	+9.5%	39 M €	+98.1%	19,7 M €	+4.1%	18,9 M €	+1.8%	18,6 M €	+1.4%	18,3 M €
Cash	14,9 M €	+2.0%	14,6 M €	+127%	6,4 M €	+63.5%	3,9 M €	-72.5%	14,3 M €	+94.9%	7,3 M €	+30.8%	5,6 M €	+53.4%	3,7 M €	-54.3%	8 M €	+314%	1,9 M €	+34.9%	1,4 M €	+966%	134,2 k €	-90.4%	1,4 M €	+1295%	100,4 k €	-23.5%	131,2 k €	+690%	16,6 k €	+34.8%	12,3 k €	-66.9%	37,2 k €	-40.5%	62,5 k €
Debts	123,3 M €	+55.3%	79,4 M €	-18.8%	97,8 M €	+65.1%	59,3 M €	-37.1%	94,3 M €	+11.9%	84,2 M €	+2.8%	81,9 M €	+29.7%	63,2 M €	+9.9%	57,5 M €	+31.5%	43,7 M €	+125%	19,4 M €	-42.7%	34 M €	+139%	14,2 M €	-27.9%	19,7 M €	-6.7%	21,1 M €	+390%	4,3 M €	-20.9%	5,4 M €	-12.7%	6,2 M €	+4.4%	6 M €
Other
Workforce	15,8 ETP	-11.7%	17,9 ETP	+20.1%	14,9 ETP	-5.1%	15,7 ETP	+12.9%	13,9 ETP	+5.3%	13,2 ETP	+16.8%	11,3 ETP	-11.7%	12,8 ETP	+0.8%	12,7 ETP	+226%	3,9 ETP		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 5 active · 79 ended

Active mandates

Nishil Nath

Director · since 01 juin 2025

Active

Hetal Madhukant Gandhi

Director · since 01 juillet 2024 · until 08 septembre 2026

Active

Simon Bajada

Director · since 23 février 2024 · until 08 septembre 2026

Active

Simon Sachu

Director · since 23 février 2024 · until 08 septembre 2026

Active

Saleem Mohamed Nazir Mohamedhusein

Director · since 02 août 2023 · until 11 septembre 2029

Active

Ended mandates

Martin Max Müller

Director · since 02 août 2023 · until 31 décembre 2023

Ended

Timothy Tudor

Director · since 02 août 2023 · until 22 août 2023

Ended

Vankipuram Srinivasa Parthasarathy

Director · since 02 décembre 2022 · until 30 juin 2023

Ended

Jitesh Dinkar Shetty

Director · since 10 août 2021 · until 01 décembre 2022

Ended

At this address

Other companies at this address

Company	CBE no.
AGL● Active	0874.486.375
Antwerp Freight Station● Active	0457.845.839
Ecu Global● Active	0880.356.756
ECU INTERNATIONAL● Active	0461.336.255
ECU WORLDWIDE (BELGIUM)● Active	0432.713.931
EUROPEAN CUSTOMS BROKERS● Active	0894.213.009
FCL MARINE AGENCIES BELGIUM● Active	0826.110.693
FMA-LINE HOLDING● Active	0424.651.152

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	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	14/08/2025	13/12/2024	14/07/2023	19/07/2022	02/07/2021	17/09/2020
General meeting	25/07/2025	12/07/2024	27/06/2023	29/06/2022	25/06/2021	08/09/2020
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/03/2025	25/07/2025	14/08/2025	Dutch	PDF
Full modelCorrection	31/03/2024	12/07/2024	13/12/2024	Dutch	PDF
Full model	31/03/2024	12/07/2024	25/07/2024	Dutch	PDF
Full model	31/03/2023	27/06/2023	14/07/2023	Dutch	PDF
Full model	31/03/2022	29/06/2022	19/07/2022	Dutch	PDF
Full model	31/03/2021	25/06/2021	02/07/2021	Dutch	PDF
Full model	31/03/2020	08/09/2020	17/09/2020	Dutch	PDF
Full model	31/03/2019	10/09/2019	07/10/2019	Dutch	PDF
Full model	31/03/2018	11/09/2018	11/09/2018	Dutch	PDF
Full model	31/03/2017	12/09/2017	19/09/2017	Dutch	PDF
Full model	31/03/2016	13/09/2016	15/09/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	22/07/2015	Dutch	PDF
Full model	31/12/2013	24/06/2014	29/07/2014	Dutch	PDF
Full model	31/12/2012	11/06/2013	09/07/2013	Dutch	PDF
Full model	31/12/2011	12/06/2012	26/06/2012	Dutch	PDF
Full model	31/12/2010	14/06/2011	28/06/2011	Dutch	PDF
Full model	31/12/2009	29/06/2010	20/08/2010	Dutch	PDF
Full model	31/12/2008	09/06/2009	25/08/2009	Dutch	PDF
Full model	31/12/2007	27/06/2008	30/07/2008	Dutch	PDF
Full model	31/12/2006	29/06/2007	09/01/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Governance

Board of directors

Seen on filing of 31/03/2025 · 5 active · 79 ended

Active mandates

Nishil Nath

Director · since 01 juin 2025

Active

Hetal Madhukant Gandhi

Director · since 01 juillet 2024 · until 08 septembre 2026

Active

Simon Bajada

Director · since 23 février 2024 · until 08 septembre 2026

Active

Simon Sachu

Director · since 23 février 2024 · until 08 septembre 2026

Active

Saleem Mohamed Nazir Mohamedhusein

Director · since 02 août 2023 · until 11 septembre 2029

Active

Ended mandates

Martin Max Müller

Director · since 02 août 2023 · until 31 décembre 2023

Ended

Timothy Tudor

Director · since 02 août 2023 · until 22 août 2023

Ended

Vankipuram Srinivasa Parthasarathy

Director · since 02 décembre 2022 · until 30 juin 2023

Ended

Jitesh Dinkar Shetty

Director · since 10 août 2021 · until 01 décembre 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/08/2024
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

03/02/2026
nominationJan Kleine-Lasthues — niet-statutaire bestuurder
01/06/2025
nominationNishil Nath — niet-statutaire bestuurder
2025
Annual accounts 202521,3 M €↓
01/07/2024
nominationHetal Madhukant Gandhi — niet-statutaire bestuurder
01/04/2024
nominationHetal Madhukant Gandhi — niet-statutaire bestuurder
2024
Annual accounts 202427,9 M €↓
23/02/2024
nominationSimon Bajada — niet-statutaire bestuurder
23/02/2024
nominationSimon Sachu — niet-statutaire bestuurder
2023
Annual accounts 202351,2 M €↑
15/02/2023
nominationNishil Nath — Gevolmachtigd Vertegenwoordiger/ Ondertekenaar
02/12/2022
nominationParthasarathy Vankipuram Srinivasa — bestuurder
2022
Annual accounts 202248,3 M €↑
2021
Annual accounts 202133,5 M €↑
2020
Annual accounts 20206,8 M €↓
2019
Annual accounts 201916 M €↑
2018
Annual accounts 20185,6 M €↓
2017
Annual accounts 20177,9 M €↓
2016
Annual accounts 201612,1 M €↑
2014
Annual accounts 201410,8 M €↑
2013
Annual accounts 20132,6 M €↓
2012
Annual accounts 20127,7 M €↑
2011
Annual accounts 20115 M €↑
2010
Annual accounts 20102,5 M €↑
2009
Annual accounts 20091,9 M €↑
2008
Annual accounts 20081,1 M €↑
2007
Annual accounts 200779,4 k €↓
2006
Annual accounts 20061,4 M €
12/06/1997
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ECUHOLD (SA)

Overview

What does ECUHOLD do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline