ACTIVE

CUVELIER PHILIPPE

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Financial year 2025 · closed on 31/12/2025
Net result
302,6 k €
+21.5% YoY
Gross margin
1,2 M €
+4.9% YoY
Equity
1,2 M €
+33.6% YoY
Workforce
7,0 ETP
-2.8% YoY

What does CUVELIER PHILIPPE do?

CUVELIER PHILIPPE is a Public limited company incorporated in 1998. Its main activity is: Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate. Its registered office is in Marchin. It employs on average 7,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0464.397.594
Incorporation
23/10/1998
Legal form
Public limited company
Registered office
Rue Sous-Beaufays 1
4570 Marchin · WallonieSee on map
Contributed capital
497 843,04 €
Latest accounts
31/12/2025
Average workforce
7,0 ETP
Activities (NACE)
08112Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate· main08112Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate60242Television programming and broadcasting activities49410Freight transport by road49410Freight transport by road
Joint committees (7)
  • 102
  • 10204
  • 124
  • 140
  • 200
  • 218
  • 302
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 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin1,2 M €1,1 M €802,9 k €885,1 k €607,1 k €577,3 k €469,6 k €702,2 k €1,2 M €1,4 M €1,5 M €1,8 M €1,3 M €1,4 M €1,5 M €1,3 M €1,3 M €1,3 M €1,4 M €704,2 k €
EBITDA737,3 k €619 k €295,6 k €435,4 k €140,1 k €269,1 k €139,4 k €244,5 k €505,8 k €673 k €897,7 k €1,2 M €727,8 k €811,6 k €945,1 k €808,1 k €840,4 k €902 k €1,1 M €467,3 k €
Operating result431,8 k €370,1 k €136,1 k €314,9 k €34,7 k €8,9 k €-158,7 k €-95,9 k €48,4 k €83,3 k €370,9 k €538,4 k €117,8 k €160,9 k €229,8 k €154,3 k €91,5 k €151,2 k €349,8 k €1,3 k €
Net result302,6 k €249 k €91,2 k €274,9 k €23,7 k €-7,5 k €-174,6 k €-126,5 k €-1,5 k €38,8 k €322,5 k €337,5 k €55,4 k €149,9 k €172,6 k €72,1 k €39,6 k €13 k €205,9 k €16,1 k €
Balance sheet
Equity1,2 M €899,8 k €650,8 k €559,5 k €284,7 k €261 k €268,5 k €443,1 k €573,8 k €650,6 k €620,3 k €1,1 M €282,1 k €759,2 k €609,3 k €536,7 k €437,2 k €397,6 k €384,6 k €178,7 k €
Total assets2,7 M €2,3 M €2,5 M €2 M €1,5 M €1,3 M €1 M €1,6 M €2,1 M €2,3 M €2,7 M €3,1 M €2,3 M €2,5 M €2,8 M €2,3 M €2 M €2,7 M €2,6 M €2 M €
Cash835,5 k €678,6 k €397,2 k €467,5 k €356,5 k €164,2 k €77,8 k €354,4 k €286,6 k €332,6 k €1,3 M €564,3 k €176,9 k €61,8 k €127,5 k €25,4 k €11,6 k €63,8 k €73,1 k €3,2 k €
Debts1,5 M €1,4 M €1,9 M €1,4 M €1,3 M €993,6 k €728,5 k €1 M €1,4 M €1,6 M €2,1 M €2 M €2 M €1,8 M €2,2 M €1,7 M €1,5 M €2,3 M €2,2 M €1,9 M €
Other
Workforce7,0 ETP7,2 ETP8,6 ETP8,6 ETP8,5 ETP–7,3 ETP9,3 ETP13,2 ETP13,0 ETP11,0 ETP11,5 ETP11,5 ETP10,0 ETP11,0 ETP10,0 ETP10,0 ETP10,0 ETP9,0 ETP7,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 25 ended

Active mandates

AMECI

Managing director · since 07 novembre 2025 · until 27 juin 2031 · 0428.411.782

Represented by Christophe Huyghebaert

Active
Antonio Passarello

Director · since 07 novembre 2025 · until 27 juin 2031

Active
JURISCO

Director · since 07 novembre 2025 · until 27 juin 2031 · 0795.846.792

Represented by Christiaan Vermorken

Active

Ended mandates

STONE HOLDING COMPANY

Director · since 26 juin 2024 · until 25 juin 2027 · 0639.904.842

Represented by Christophe Huyghebaert

Ended
West Region SRC

Director · since 26 juin 2024 · until 25 juin 2027 · 0563.508.632

Represented by Eric Benoit Dothée

Ended
P&L Management

Director · since 17 mars 2021 · 0735.458.156

Represented by Pascal LESOINNE

Ended
Christophe de LIMBURG STIRUM

Director · since 23 mars 2020 · until 25 juin 2021

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged 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 date29/06/202627/01/202610/07/202430/06/202306/07/202205/07/2021
General meeting26/06/202623/09/202528/06/202430/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202629/06/2026FrenchPDF
Abridged modelCorrection31/12/202423/09/202527/01/2026FrenchPDF
Abridged model31/12/202423/09/202530/09/2025FrenchPDF
Abridged model31/12/202328/06/202410/07/2024FrenchPDF
Abridged model31/12/202230/06/202330/06/2023FrenchPDF
Abridged model31/12/202124/06/202206/07/2022FrenchPDF
Abridged model31/12/202025/06/202105/07/2021FrenchPDF
Abridged model31/12/201926/06/202006/07/2020FrenchPDF
Abridged model31/12/201831/05/201902/07/2019FrenchPDF
Abridged model31/12/201723/05/201828/05/2018FrenchPDF
Abridged model31/12/201602/06/201702/06/2017FrenchPDF
Abridged model31/12/201521/06/201627/06/2016FrenchPDF
Abridged model31/12/201417/06/201520/07/2015FrenchPDF
Abridged model31/12/201317/06/201424/06/2014FrenchPDF
Abridged model31/12/201220/06/201326/06/2013FrenchPDF
Abridged model31/12/201120/06/201222/06/2012FrenchPDF
Abridged model31/12/201020/06/201130/06/2011FrenchPDF
Abridged model31/12/200921/06/201030/06/2010FrenchPDF
Abridged model31/12/200822/06/200930/06/2009FrenchPDF
Abridged model31/12/200721/06/200807/08/2008FrenchPDF
Abridged model31/12/200620/06/200726/06/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/12/2025 · 3 active · 25 ended

Active mandates

AMECI

Managing director · since 07 novembre 2025 · until 27 juin 2031 · 0428.411.782

Represented by Christophe Huyghebaert

Active
Antonio Passarello

Director · since 07 novembre 2025 · until 27 juin 2031

Active
JURISCO

Director · since 07 novembre 2025 · until 27 juin 2031 · 0795.846.792

Represented by Christiaan Vermorken

Active

Ended mandates

STONE HOLDING COMPANY

Director · since 26 juin 2024 · until 25 juin 2027 · 0639.904.842

Represented by Christophe Huyghebaert

Ended
West Region SRC

Director · since 26 juin 2024 · until 25 juin 2027 · 0563.508.632

Represented by Eric Benoit Dothée

Ended
P&L Management

Director · since 17 mars 2021 · 0735.458.156

Represented by Pascal LESOINNE

Ended
Christophe de LIMBURG STIRUM

Director · since 23 mars 2020 · until 25 juin 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/12/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/06/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/04/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/06/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/12/2019
    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

Timeline

  1. 2025
    Annual accounts 2025302,6 k €↑
  2. 2024
    Annual accounts 2024249 k €↑
  3. 2023
    Annual accounts 202391,2 k €↓
  4. 2022
    Annual accounts 2022274,9 k €↑
  5. 2021
    Annual accounts 202123,7 k €↑
  6. 2020
    Annual accounts 2020-7,5 k €↑
  7. 2019
    Annual accounts 2019-174,6 k €↓
  8. 2018
    Annual accounts 2018-126,5 k €↓
  9. 2017
    Annual accounts 2017-1,5 k €↓
  10. 2016
    Annual accounts 201638,8 k €↓
  11. 2015
    Annual accounts 2015322,5 k €↓
  12. 2014
    Annual accounts 2014337,5 k €↑
  13. 2013
    Annual accounts 201355,4 k €↓
  14. 2012
    Annual accounts 2012149,9 k €↓
  15. 2011
    Annual accounts 2011172,6 k €↑
  16. 2010
    Annual accounts 201072,1 k €↑
  17. 2009
    Annual accounts 200939,6 k €↑
  18. 2008
    Annual accounts 200813 k €↓
  19. 2007
    Annual accounts 2007205,9 k €↑
  20. 2006
    Annual accounts 200616,1 k €
  21. 23/10/1998
    IncorporationPublic limited company