ACTIVE

ECONAN

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

471,1 k €

-9.9% YoY

Gross margin

2,8 M €

+2.6% YoY

Equity

1,3 M €

+53.8% YoY

Workforce

35,9 ETP

+7.8% YoY

What does ECONAN do?

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

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
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 €	+57.1%	1,1 M €	-6.7%	1,2 M €	+29.6%	916,8 k €	-5.4%	969,3 k €	-2.3%	992,1 k €	-16.6%	1,2 M €	-5.7%	1,3 M €	-7.1%	1,4 M €	-1.9%	1,4 M €	+2.0%	1,4 M €	+6.3%	1,3 M €	+6.8%	1,2 M €	+4.0%	1,2 M €	+43.2%	803,8 k €
EBITDA	1,2 M €	-4.5%	1,3 M €	+169%	483,7 k €	-35.4%	748,6 k €	-16.3%	894,5 k €	+223%	277,3 k €	-39.5%	458,2 k €	+192%	156,9 k €	-11.0%	176,4 k €	+18.4%	149 k €	+23.2%	121 k €	-46.0%	223,9 k €	-32.6%	332 k €	+17.2%	283,4 k €	-28.9%	398,5 k €	+26.0%	316,4 k €	+4.5%	302,9 k €	-9.8%	335,8 k €	+55.0%	216,6 k €
Operating result	780,2 k €	-8.1%	849,2 k €	+4171%	-20,9 k €	-105%	456,1 k €	-39.1%	748,5 k €	+563%	112,8 k €	-61.7%	294,6 k €	+1350%	-23,6 k €	+14.5%	-27,6 k €	+82.4%	-156,6 k €	-1284%	13,2 k €	-88.8%	117,9 k €	-43.3%	208 k €	+38.6%	150,2 k €	-33.9%	227,1 k €	+51.7%	149,7 k €	+21.0%	123,8 k €	-17.7%	150,4 k €	+10350%	-1,5 k €
Net result	471,1 k €	-9.9%	523 k €	+495%	-132,5 k €	-138%	352,4 k €	-32.3%	520,6 k €	+975%	48,4 k €	-77.7%	217 k €	+317%	-100 k €	+0.1%	-100,1 k €	+2.1%	-102,3 k €	-202%	-33,9 k €	-210%	30,9 k €	-70.0%	102,8 k €	+35.4%	75,9 k €	-28.7%	106,4 k €	+79.9%	59,2 k €	+69.6%	34,9 k €	-40.6%	58,8 k €	+195%	-61,9 k €
Balance sheet
Equity	1,3 M €	+53.8%	876 k €	+148%	353 k €	-27.3%	485,5 k €	+265%	133 k €	+5226%	-2,6 k €	+94.9%	-51 k €	+81.0%	-268 k €	-59.5%	-168 k €	-147%	-68 k €	-298%	34,3 k €	-49.7%	68,2 k €	0.0%	68,2 k €	0.0%	68,2 k €	0.0%	68,2 k €	0.0%	68,2 k €	+0.0%	68,2 k €	+4.8%	65,1 k €	+928%	6,3 k €
Total assets	5,2 M €	+3.6%	5 M €	+14.3%	4,4 M €	-12.3%	5 M €	+92.6%	2,6 M €	+21.7%	2,1 M €	-2.2%	2,2 M €	+5.4%	2,1 M €	-7.6%	2,2 M €	-18.5%	2,8 M €	+83.6%	1,5 M €	-7.8%	1,6 M €	+10.5%	1,5 M €	-8.8%	1,6 M €	-5.3%	1,7 M €	-8.9%	1,9 M €	-1.7%	1,9 M €	-6.5%	2 M €	+1.8%	2 M €
Cash	1,6 M €	-2.9%	1,6 M €	+201%	544,8 k €	-6.2%	580,9 k €	-14.4%	678,7 k €	+112%	319,9 k €	+41.2%	226,5 k €	+71.2%	132,3 k €	+34.9%	98,1 k €	-63.0%	265 k €	+21.5%	218 k €	-15.6%	258,2 k €	+188%	89,6 k €	-46.9%	168,7 k €	-22.1%	216,4 k €	+24.1%	174,5 k €	+6.1%	164,5 k €	-54.6%	362,7 k €	+64.9%	219,9 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 €	+16.5%	2,1 M €	-5.2%	2,2 M €	-3.1%	2,3 M €	-2.1%	2,4 M €	-14.6%	2,8 M €	+95.4%	1,4 M €	-8.5%	1,5 M €	+11.7%	1,4 M €	-8.5%	1,5 M €	-5.9%	1,6 M €	-10.0%	1,8 M €	-1.4%	1,8 M €	-7.3%	1,9 M €	-1.8%	2 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	+7.1%	23,9 ETP	+4.4%	22,9 ETP	-6.1%	24,4 ETP	-5.1%	25,7 ETP	+1.2%	25,4 ETP	-8.0%	27,6 ETP	-3.2%	28,5 ETP	+8.8%	26,2 ETP	-7.4%	28,3 ETP	0.0%	28,3 ETP	-1.4%	28,7 ETP	+3.6%	27,7 ETP	-2.8%	28,5 ETP	+23.9%	23,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 14 ended

Active mandates

David BARTHELEMY

Managing director · since 08 avril 2019

Active

Ended mandates

Jean-Marie MICHEL

Director · since 08 avril 2019 · until 27 novembre 2023

Ended

Jean-Marie MICHEL

Director · since 08 avril 2019

Ended

David BARTHELEMY

Managing director · since 11 juin 2015 · until 10 juin 2021

Ended

Jean-Marie MICHEL

Director · since 11 juin 2015 · until 10 juin 2021

Ended

Annual accounts

Full financial information

	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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

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

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 14 ended

Active mandates

David BARTHELEMY

Managing director · since 08 avril 2019

Active

Ended mandates

Jean-Marie MICHEL

Director · since 08 avril 2019 · until 27 novembre 2023

Ended

Jean-Marie MICHEL

Director · since 08 avril 2019

Ended

David BARTHELEMY

Managing director · since 11 juin 2015 · until 10 juin 2021

Ended

Jean-Marie MICHEL

Director · since 11 juin 2015 · until 10 juin 2021

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

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

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

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

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

ECONAN

Overview

What does ECONAN 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