ACTIVE

E + MANUFACTURING

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Financial year 2025 · closed on 30/06/2025

Net result

-145 k €

-360.0% YoY

Gross margin

101,7 k €

-56.7% YoY

Equity

367,1 k €

-28.7% YoY

Workforce

1,3 ETP

-35.0% YoY

What does E + MANUFACTURING do?

E + MANUFACTURING is a Public limited company incorporated in 1998. Its main activity is: Manufacture of communication equipment. Its registered office is in Charleroi. It employs on average 1,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0462.397.119

Incorporation

12/01/1998

Legal form

Public limited company

Registered office

Rue Louis Bleriot 17
6041 Charleroi · WallonieSee on map

Contributed capital

247 893,52 €

Latest accounts

30/06/2025

Average workforce

1,3 ETP

Activities (NACE)

26300Manufacture of communication equipment· main 26300Manufacture of communication equipment 27900Manufacture of other electrical equipment 27900Manufacture of other electrical equipment 31623Manufacture of furniture 32201Manufacture of musical instruments

Joint committees (2)

209
20900

Signals

Solid equityPositive 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		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	101,7 k €	-56.7%	234,8 k €	+11.4%	210,8 k €	-4.8%	221,4 k €	-13.1%	254,7 k €	-1.5%	258,6 k €	+14.4%	226,1 k €	+7.5%	210,4 k €	-2.2%	215,3 k €	-6.8%	231 k €	+60.2%	144,2 k €	-62.6%	385,7 k €	+19.9%	321,8 k €	-17.8%	391,6 k €	+15.4%	339,3 k €	+2.2%	331,9 k €	+14.3%	290,3 k €	+46.4%	198,3 k €	+14.8%	172,7 k €
EBITDA	36,6 k €	-66.4%	109,1 k €	-12.7%	125 k €	-5.6%	132,3 k €	-20.3%	166 k €	-4.9%	174,4 k €	+31.5%	132,6 k €	+14.9%	115,4 k €	-10.6%	129,1 k €	-20.3%	162 k €	+1078%	-16,6 k €	-106%	290 k €	+67.2%	173,4 k €	-14.8%	203,4 k €	+102%	100,6 k €	-9.7%	111,5 k €	+16.8%	95,5 k €	+73.6%	55 k €	+62.0%	33,9 k €
Operating result	-119,1 k €	-356%	-26,1 k €	-833%	3,6 k €	-68.2%	11,2 k €	-76.1%	46,9 k €	+42.5%	32,9 k €	+237%	-24 k €	+38.8%	-39,2 k €	-390%	13,5 k €	+229%	-10,5 k €	-131%	33,5 k €	+13.8%	29,4 k €	+17.5%	25 k €	+16.8%	21,4 k €	+264%	5,9 k €	-84.1%	37,1 k €	+7.1%	34,6 k €	+340%	-14,4 k €	-394%	4,9 k €
Net result	-145 k €	-360%	-31,5 k €	-605%	6,2 k €	-32.7%	9,3 k €	-81.8%	50,9 k €	+69.7%	30 k €	+244%	-20,9 k €	+24.6%	-27,7 k €	-271%	16,2 k €	+240%	-11,6 k €	-167%	17,1 k €	-16.8%	20,6 k €	+82.9%	11,3 k €	-23.2%	14,7 k €	-40.9%	24,8 k €	-8.3%	27 k €	+21.7%	22,2 k €	+64.2%	13,5 k €	+57.1%	8,6 k €
Balance sheet
Equity	367,1 k €	-28.7%	515 k €	-6.3%	549,4 k €	+0.6%	546,1 k €	+1.2%	539,7 k €	+9.8%	491,7 k €	+5.9%	464,5 k €	-4.8%	487,9 k €	-5.8%	518,2 k €	+2.7%	504,5 k €	-3.8%	524,6 k €	+1.7%	516 k €	+2.4%	504 k €	+1.8%	495,3 k €	+2.5%	483,2 k €	+4.8%	460,9 k €	+5.6%	436,4 k €	+4.7%	416,8 k €	+2.7%	405,8 k €
Total assets	824,5 k €	-17.0%	993,8 k €	-2.1%	1 M €	+12.8%	899,6 k €	+3.7%	867,8 k €	+2.3%	847,8 k €	-8.9%	930,3 k €	-4.3%	972,4 k €	-1.7%	989,3 k €	+6.3%	930,9 k €	-2.4%	954,2 k €	-17.4%	1,2 M €	+19.4%	967,9 k €	-7.7%	1 M €	-18.8%	1,3 M €	+10.5%	1,2 M €	+8.4%	1,1 M €	-5.9%	1,1 M €	+20.2%	952,5 k €
Cash	2,8 k €	-84.5%	17,8 k €	+270%	4,8 k €	-83.0%	28,2 k €	+219%	8,9 k €	-58.2%	21,2 k €	+909%	2,1 k €	-34.8%	3,2 k €	-11.7%	3,6 k €	-87.7%	29,7 k €	+56.0%	19 k €	-85.2%	128,7 k €	+220%	40,3 k €	+211%	12,9 k €	-90.2%	132,2 k €	+320%	31,5 k €	-76.9%	136,4 k €	+69.1%	80,7 k €	-5.7%	85,5 k €
Debts	429,8 k €	-3.4%	445,1 k €	-2.4%	456,1 k €	+32.9%	343,1 k €	+10.6%	310,1 k €	-8.3%	338,2 k €	-24.6%	448,6 k €	-3.4%	464,6 k €	+2.3%	454,1 k €	+11.7%	406,6 k €	+0.3%	405,4 k €	-33.0%	605 k €	+42.4%	424,9 k €	-17.4%	514,4 k €	-33.1%	768,8 k €	+13.1%	679,9 k €	+11.3%	611,1 k €	-11.2%	687,9 k €	+33.1%	516,8 k €
Other
Workforce	1,3 ETP	-35.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	+11.1%	1,8 ETP	-10.0%	2,0 ETP	0.0%	2,0 ETP	-33.3%	3,0 ETP	-25.0%	4,0 ETP	-2.4%	4,1 ETP	-6.8%	4,4 ETP	+10.0%	4,0 ETP	+17.6%	3,4 ETP	-10.5%	3,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 30 ended

Active mandates

EVENT SPORTS PROMOTION

Director · since 05 janvier 2026 · until 05 janvier 2032 · 0477.265.635

Represented by Philippe TIMPERMAN

Active

Ended mandates

Philippe TIMPERMAN

Director · since 20 décembre 2021 · until 20 décembre 2027

Ended

Quentin Vervenne

Director · since 20 décembre 2021 · until 20 décembre 2027

Ended

Quentin VERVENNE

Director · since 20 avril 2021 · until 20 décembre 2027

Ended

EVENT SPORTS PROMOTION

Director · since 20 décembre 2019 · until 20 décembre 2025 · 0477.265.635

Represented by Philippe TIMPERMAN

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/02/2026	05/02/2025	27/02/2024	16/02/2023	31/01/2022	29/01/2021
General meeting	20/01/2026	03/02/2025	20/12/2023	20/12/2022	20/12/2021	21/12/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	20/01/2026	11/02/2026	French	PDF
Abridged model	30/06/2024	03/02/2025	05/02/2025	French	PDF
Abridged model	30/06/2023	20/12/2023	27/02/2024	French	PDF
Abridged model	30/06/2022	20/12/2022	16/02/2023	French	PDF
Abridged model	30/06/2021	20/12/2021	31/01/2022	French	PDF
Abridged model	30/06/2020	21/12/2020	29/01/2021	French	PDF
Abridged model	30/06/2019	20/12/2019	30/12/2019	French	PDF
Abridged model	30/06/2018	20/12/2018	21/08/2019	French	PDF
Abridged model	30/06/2017	31/12/2017	31/01/2018	French	PDF
Abridged model	30/06/2016	22/12/2016	31/01/2017	French	PDF
Abridged model	30/06/2015	16/12/2015	30/12/2015	French	PDF
Abridged model	30/06/2014	26/12/2014	06/01/2015	French	PDF
Abridged model	30/06/2013	18/11/2013	19/12/2013	French	PDF
Abridged model	30/06/2012	17/11/2012	02/01/2013	French	PDF
Abridged model	30/06/2011	15/02/2012	12/03/2012	French	PDF
Abridged model	30/06/2010	02/01/2011	14/01/2011	French	PDF
Abridged model	30/06/2009	15/12/2009	24/12/2009	French	PDF
Abridged model	30/06/2008	29/10/2008	19/12/2008	French	PDF
Abridged model	30/06/2007	29/10/2007	21/12/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 30 ended

Active mandates

EVENT SPORTS PROMOTION

Director · since 05 janvier 2026 · until 05 janvier 2032 · 0477.265.635

Represented by Philippe TIMPERMAN

Active

Ended mandates

Philippe TIMPERMAN

Director · since 20 décembre 2021 · until 20 décembre 2027

Ended

Quentin Vervenne

Director · since 20 décembre 2021 · until 20 décembre 2027

Ended

Quentin VERVENNE

Director · since 20 avril 2021 · until 20 décembre 2027

Ended

EVENT SPORTS PROMOTION

Director · since 20 décembre 2019 · until 20 décembre 2025 · 0477.265.635

Represented by Philippe TIMPERMAN

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other27/01/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other21/05/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates31/01/2020
DEMISSIONS, NOMINATIONS
PDF
Other04/07/2018
ANNEE COMPTABLE
PDF
Mandates29/09/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates27/01/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates02/01/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates06/11/2012
DEMISSIONS, NOMINATIONS
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

2025
Annual accounts 2025-145 k €↓
2024
Annual accounts 2024-31,5 k €↓
2023
Annual accounts 20236,2 k €↓
2022
Annual accounts 20229,3 k €↓
2021
Annual accounts 202150,9 k €↑
2020
Annual accounts 202030 k €↑
2019
Annual accounts 2019-20,9 k €↑
2018
Annual accounts 2018-27,7 k €↓
2017
Annual accounts 201716,2 k €↑
2016
Annual accounts 2016-11,6 k €↓
2015
Annual accounts 201517,1 k €↓
2014
Annual accounts 201420,6 k €↑
2013
Annual accounts 201311,3 k €↓
2012
Annual accounts 201214,7 k €↓
2011
Annual accounts 201124,8 k €↓
2010
Annual accounts 201027 k €↑
2009
Annual accounts 200922,2 k €↑
2008
Annual accounts 200813,5 k €↑
2007
Annual accounts 20078,6 k €
12/01/1998
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

E + MANUFACTURING

Overview

What does E + MANUFACTURING do?

Trend over 19 financial years

Indicative valuation

Board of directors

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