ACTIVE

ECONAN

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Financial year 2024 · Closed on 31/12/2024

Net result471,1 k €-9,9 %over 1 year

Gross margin2,8 M €+2,6 %over 1 year

Equity1,3 M €+53,8 %over 1 year

Workforce35,9 ETP+7,8 %over 1 year

Identity

Source · BCE/KBO

ECONAN is a Public limited company incorporated in 1998. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Nandrin. It employs on average 35,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0463.747.397
Incorporation: 06/07/1998
Legal form: Public limited company
Registered office: Route du Condroz 318
4550 Nandrin · WallonieSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2024
Average workforce: 35,9 ETP

Activities (NACE)

47110Retail sale in non-specialised stores with food, beverages or tobacco predominating· main 47114Retail sale in non-specialised stores with food, beverages or tobacco predominating 52114Warehousing and storage

Joint committees (4)

119
201
202
20201

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2024		2023		2022		2021		2020
Income statement
Gross margin	2,8 M €	+2.6%	2,8 M €	+53.0%	1,8 M €	-0.4%	1,8 M €	+4.3%	1,7 M €
EBITDA	1,2 M €	-4.5%	1,3 M €	+169%	483,7 k €	-35.4%	748,6 k €	-16.3%	894,5 k €
Operating result	780,2 k €	-8.1%	849,2 k €	+4171%	-20,9 k €	-105%	456,1 k €	-39.1%	748,5 k €
Net result	471,1 k €	-9.9%	523 k €	+495%	-132,5 k €	-138%	352,4 k €	-32.3%	520,6 k €
Balance sheet
Equity	1,3 M €	+53.8%	876 k €	+148%	353 k €	-27.3%	485,5 k €	+265%	133 k €
Total assets	5,2 M €	+3.6%	5 M €	+14.3%	4,4 M €	-12.3%	5 M €	+92.6%	2,6 M €
Cash	1,6 M €	-2.9%	1,6 M €	+201%	544,8 k €	-6.2%	580,9 k €	-14.4%	678,7 k €
Debts	3,8 M €	-6.7%	4,1 M €	+4.0%	3,9 M €	-11.9%	4,5 M €	+81.3%	2,5 M €
Other
Workforce	35,9 ETP	+7.8%	33,3 ETP	+3.7%	32,1 ETP	-0.3%	32,2 ETP	+25.8%	25,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
David BARTHELEMY	Managing directorsince 10/04/2007

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Marie MICHEL	Director11/06/2015 → 27/11/2023

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/11/2025	31/08/2024	26/07/2023	29/08/2022	30/08/2021	29/08/2020
General meeting	08/04/2025	08/04/2024	08/04/2023	08/04/2022	08/04/2021	08/04/2020
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	08/04/2025	09/11/2025	French	PDF
Abridged model	31/12/2023	08/04/2024	31/08/2024	French	PDF
Abridged model	31/12/2022	08/04/2023	26/07/2023	French	PDF
Abridged model	31/12/2021	08/04/2022	29/08/2022	French	PDF
Abridged model	31/12/2020	08/04/2021	30/08/2021	French	PDF
Abridged model	31/12/2019	08/04/2020	29/08/2020	French	PDF
Abridged model	31/12/2018	08/04/2019	12/04/2019	French	PDF
Abridged model	31/12/2017	08/04/2018	15/06/2018	French	PDF
Abridged model	31/12/2016	08/05/2017	29/06/2017	French	PDF
Abridged model	31/12/2015	09/05/2016	04/08/2016	French	PDF
Abridged model	31/12/2014	08/05/2015	18/08/2015	French	PDF
Abridged model	31/12/2013	08/05/2014	24/07/2014	French	PDF
Abridged model	31/12/2012	08/05/2013	23/05/2013	French	PDF
Abridged model	31/12/2011	10/04/2012	17/07/2012	French	PDF
Abridged model	31/12/2010	09/05/2011	17/08/2011	French	PDF
Abridged model	31/12/2009	08/04/2010	11/08/2010	French	PDF
Abridged model	31/12/2008	08/04/2009	24/08/2009	French	PDF
Abridged model	31/12/2007	08/04/2008	25/07/2008	French	PDF
Abridged model	31/12/2006	10/04/2007	11/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
David BARTHELEMY	Managing directorsince 10/04/2007

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Marie MICHEL	Director11/06/2015 → 27/11/2023

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates29/11/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates10/05/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates15/07/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates11/10/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates25/06/2007
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office21/09/2005
SIEGE SOCIAL
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

David BARTHELEMY

Jean-Marie MICHEL

Laure IDDIHOUM

19981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

ECONAN

Route du Condroz 318, 4550 Nandrin

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Route du Condroz 318, 4550 NandrinCurrent	accounts 2021 → 2024	Accounts 2024 · 2025-00566126

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ECONANCurrent	accounts 2021 → 2024	Accounts 2024 · 2025-00566126

Events

2024
Annual accounts 2024471,1 k €↓
2023
Annual accounts 2023523 k €↑
2022
Annual accounts 2022-132,5 k €↓
2021
Annual accounts 2021352,4 k €↓
2020
Annual accounts 2020520,6 k €↑
2019
Annual accounts 201948,4 k €↓
2018
Annual accounts 2018217 k €↑
2017
Annual accounts 2017-100 k €↑
2016
Annual accounts 2016-100,1 k €↑
2015
Annual accounts 2015-102,3 k €↓
2014
Annual accounts 2014-33,9 k €↓
2013
Annual accounts 201330,9 k €↓
2012
Annual accounts 2012102,8 k €↑
2011
Annual accounts 201175,9 k €↓
2010
Annual accounts 2010106,4 k €↑
2009
Annual accounts 200959,2 k €↑
2008
Annual accounts 200834,9 k €↓
2007
Annual accounts 200758,8 k €↑
2006
Annual accounts 2006-61,9 k €
06/07/1998
IncorporationPublic limited company

ECONAN

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events