ACTIVE

ECAVEE

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Financial year 2025 · Closed on 31/12/2025

Net result-583,3 k €+23,1 %over 1 year

Gross margin411,4 k €+142,6 %over 1 year

Equity2,1 M €-21,4 %over 1 year

Workforce4,8 ETP+11,6 %over 1 year

Identity

Source · BCE/KBO

ECAVEE is a Public limited company incorporated in 1999. Its main activity is: Raising of other cattle and buffaloes. Its registered office is in Celles (lez-Tournai). It employs on average 4,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0466.768.651
Incorporation: 01/09/1999
Legal form: Public limited company
Registered office: Rue Haute (C) 1
7760 Celles (lez-Tournai) · WallonieSee on map
Contributed capital: 3 400 000,00 €
Latest accounts: 31/12/2025
Average workforce: 4,8 ETP

Activities (NACE)

01420Raising of other cattle and buffaloes· main 01620Support activities for animal production 01620Support activities for animal production 55203Holiday and other short-stay accommodation 55203Holiday and other short-stay accommodation 55232Holiday and other short-stay accommodation+6

Joint committees (1)

Signals

Healthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	411,4 k €	+143%	169,6 k €	+931%	-20,4 k €	+91.5%	-239,6 k €	-428%	-45,4 k €
EBITDA	-91 k €	+65.1%	-260,5 k €	-329%	-60,8 k €	+77.7%	-272,8 k €	-410%	-53,5 k €
Operating result	-574,4 k €	+22.9%	-745,1 k €	-44.0%	-517,4 k €	+16.8%	-621,5 k €	-133%	-266,4 k €
Net result	-583,3 k €	+23.1%	-758,6 k €	-42.0%	-534,2 k €	+17.0%	-643,4 k €	-115%	-299,4 k €
Balance sheet
Equity	2,1 M €	-21.4%	2,7 M €	-21.7%	3,5 M €	-13.3%	4 M €	+1313%	-331,9 k €
Total assets	7,7 M €	-9.0%	8,4 M €	-7.5%	9,1 M €	+13.1%	8,1 M €	+58.8%	5,1 M €
Cash	253,2 k €	+696%	31,8 k €	+11.0%	28,7 k €	-30.7%	41,4 k €	+731%	5 k €
Debts	5,5 M €	-3.0%	5,7 M €	+1.4%	5,6 M €	+39.4%	4 M €	-25.0%	5,4 M €
Other
Workforce	4,8 ETP	+11.6%	4,3 ETP	+2050%	0,2 ETP	-33.3%	0,3 ETP		–

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
2INVEST SARepresented by FRANK ADINS	Director29/07/2022 → 29/07/2028
ANTHONY ADINS	Director29/07/2022 → 29/07/2028
OLIVIA ADINS	Managing director29/07/2022 → 29/07/2028Administrator - managerlisted until the 2021 accountsendedDirector2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
2INVESTRepresented by Frank Adins	Director2014 accounts
appjs0473.739.783Represented by JEAN-SEBASTIEN VINCENT	Director2014 accounts
CLERCUS0455.779.739	Director2007 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	21/09/2026	28/07/2025	24/07/2024	27/09/2023	23/08/2022	26/10/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	29/07/2022	30/09/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	21/09/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	28/07/2025	French	PDF
Abridged model	31/12/2023	28/06/2024	24/07/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	27/09/2023	French	PDF
Abridged model	31/12/2021	29/07/2022	23/08/2022	French	PDF
Micro model	31/12/2020	30/09/2021	26/10/2021	French	PDF
Micro model	31/12/2019	06/06/2020	20/08/2020	French	PDF
Micro model	31/12/2018	01/06/2019	19/06/2019	French	PDF
Micro model	31/12/2017	02/06/2018	15/06/2018	French	PDF
Abridged model	31/12/2016	03/06/2017	16/06/2017	French	PDF
Abridged model	31/12/2015	04/06/2016	30/09/2016	French	PDF
Abridged model	31/12/2014	06/06/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	07/06/2014	07/10/2014	French	PDF
Abridged model	31/12/2012	01/06/2013	26/06/2013	French	PDF
Abridged model	31/12/2011	02/06/2012	27/06/2012	French	PDF
Abridged model	31/12/2010	04/06/2011	08/07/2011	French	PDF
Abridged model	31/12/2009	05/06/2010	24/06/2010	French	PDF
Abridged model	31/12/2008	06/06/2009	09/07/2009	French	PDF
Abridged model	31/12/2007	07/06/2008	03/07/2008	French	PDF
Abridged model	31/12/2006	02/06/2007	22/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
2INVEST SARepresented by FRANK ADINS	Director29/07/2022 → 29/07/2028
ANTHONY ADINS	Director29/07/2022 → 29/07/2028
OLIVIA ADINS	Managing director29/07/2022 → 29/07/2028Administrator - managerlisted until the 2021 accountsendedDirector2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
2INVESTRepresented by Frank Adins	Director2014 accounts
appjs0473.739.783Represented by JEAN-SEBASTIEN VINCENT	Director2014 accounts
CLERCUS0455.779.739	Director2007 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates13/01/2023
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates14/11/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates29/11/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates23/01/2018
DEMISSIONS, NOMINATIONS
PDF
Capital / shares23/01/2015
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates30/10/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates02/09/2010
DEMISSIONS, NOMINATIONS
PDF
Capital / shares17/06/2008
OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Similar companies

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

2INVEST SA

OLIVIA ADINS

ANTHONY ADINS

F.C.B.

CLERCUS

appjs

2INVEST

199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

ECAVEE

Rue Haute (C) 1, 7760 Celles

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Haute (C) 1, 7760 CellesCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00520076

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ECAVEECurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00520076

Events

2025
Annual accounts 2025-583,3 k €↑
2024
Annual accounts 2024-758,6 k €↓
2023
Annual accounts 2023-534,2 k €↑
2022
Annual accounts 2022-643,4 k €↓
2021
Annual accounts 2021-299,4 k €↓
2020
Annual accounts 2020-220,3 k €↓
2019
Annual accounts 2019-115,1 k €↑
2018
Annual accounts 2018-364,1 k €↓
2017
Annual accounts 2017-352 k €↓
2016
Annual accounts 2016-291,2 k €↓
2015
Annual accounts 2015-201,2 k €↓
2014
Annual accounts 2014-185,2 k €↑
2013
Annual accounts 2013-236,8 k €↑
2012
Annual accounts 2012-281,1 k €↓
2011
Annual accounts 2011-207,1 k €↑
2010
Annual accounts 2010-483,8 k €↓
2009
Annual accounts 2009-36,9 k €↓
2008
Annual accounts 2008292,6 k €↑
2007
Annual accounts 2007-189,8 k €
01/09/1999
IncorporationPublic limited company

ECAVEE

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