ACTIVE

ENHESA

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Financial year 2025 · Closed on 31/12/2025

Net result15 M €+246,2 %over 1 year
Revenue37 M €+4,8 %over 1 year
Equity51,2 M €+12,0 %over 1 year
Workforce92,7 ETP+2,0 %over 1 year

Identity

Source · BCE/KBO

ENHESA is a Public limited company incorporated in 2001. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Ixelles. It employs on average 92,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0474.389.386
Incorporation
23/03/2001
Legal form
Public limited company
Registered office
Avenue Louise 287
1050 Ixelles · BruxellesSee on map
Contributed capital
31 844 675,18 €
Latest accounts
31/12/2025
Average workforce
92,7 ETP
Joint committees (2)
  • 200
  • 218
Contacts
4 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue37 M €35,3 M €30,5 M €27,4 M €20,1 M €
EBITDA13,3 M €9,9 M €8,6 M €6,7 M €5,7 M €
Operating result9,6 M €6,7 M €6,8 M €5 M €4,4 M €
Net result15 M €4,3 M €4,4 M €2,3 M €2,7 M €
Balance sheet
Equity51,2 M €45,7 M €41,4 M €37 M €4,9 M €
Total assets118,7 M €105,9 M €84,9 M €63,1 M €33,1 M €
Cash677,8 k €1,1 M €769,8 k €446,2 k €354,3 k €
Debts61,9 M €52,5 M €37,3 M €22,8 M €22,8 M €
Other
Workforce92,7 ETP90,9 ETP85,1 ETP77,2 ETP65,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 37 ended

Active mandates

Laurent Henri Marcelis

Director · since 17 avril 2024 · until 21 mai 2030

Active

Ended mandates

Yves MARTEAU

Director · since 24 janvier 2024 · until 17 avril 2024

Ended
Christian Genis Joseph Bigatà

Director · since 05 mai 2023 · until 24 janvier 2024

Ended
Christian Genis Joseph Bigatà

Director · since 05 mai 2023 · until 15 mai 2029

Ended
XPS

Managing director · since 30 juillet 2020 · until 19 mai 2026 · 0836.994.489

Represented by Peter Schramme

Ended

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Avenue Louise 287 1050 Ixelles
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ELIAGO INVEST● Active
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ENHESA GROUP● Active
0669.641.577
Enhesa Management● Active
0761.858.388
ENHESA MANAGEMENT II● Active
0800.200.114
EUFISERV PAYMENTS● Liquidation
0895.039.586
European Association of Healthcare IT Managers● Active
0889.347.468
European Genetic Alliances' Network● Active
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Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date02/07/202630/06/202526/07/202404/08/202317/10/202228/09/2021
General meeting23/06/202622/06/202508/07/202431/07/202330/09/202209/09/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202523/06/202602/07/2026DutchPDF
Full model31/12/202422/06/202530/06/2025DutchPDF
Full model31/12/202308/07/202426/07/2024DutchPDF
Full model31/12/202231/07/202304/08/2023DutchPDF
Full model31/12/202130/09/202217/10/2022DutchPDF
Full model31/12/202009/09/202128/09/2021DutchPDF
Full model31/12/201927/07/202030/07/2020FrenchPDF
Full model31/12/201828/06/201925/07/2019FrenchPDF
Full model31/12/201729/06/201805/07/2018FrenchPDF
Full model31/12/201606/06/201726/07/2017FrenchPDF
Full model31/12/201517/05/201607/07/2016FrenchPDF
Full model31/12/201419/05/201504/08/2015FrenchPDF
Full model31/12/201320/05/201415/07/2014FrenchPDF
Abridged model31/05/201231/01/201307/02/2013DutchPDF
Abridged model31/05/201113/03/201208/05/2012FrenchPDF
Abridged model31/05/201014/03/201105/07/2011FrenchPDF
Abridged model31/05/200918/01/201002/02/2010FrenchPDF
Abridged model31/05/200809/12/200817/12/2008FrenchPDF
Abridged model31/05/200720/11/200720/12/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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

1 active · 37 ended

Active mandates

Laurent Henri Marcelis

Director · since 17 avril 2024 · until 21 mai 2030

Active

Ended mandates

Yves MARTEAU

Director · since 24 janvier 2024 · until 17 avril 2024

Ended
Christian Genis Joseph Bigatà

Director · since 05 mai 2023 · until 24 janvier 2024

Ended
Christian Genis Joseph Bigatà

Director · since 05 mai 2023 · until 15 mai 2029

Ended
XPS

Managing director · since 30 juillet 2020 · until 19 mai 2026 · 0836.994.489

Represented by Peter Schramme

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/01/2023
    DIVERSEN
    PDF
  • Capital / shares02/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Capital / shares01/08/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates06/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

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 202515 M €↑
  2. 01/06/2025
    nominationFilip Simpelaere — commissaris
  3. 2024
    Annual accounts 20244,3 M €↓
  4. 17/04/2024
    nominationLaurent Henri Marcelis — bestuurder
  5. 2023
    Annual accounts 20234,4 M €↑
  6. 05/05/2023
    nominationChristian Genis Bigatà Joseph — bestuurder
  7. 2022
    Annual accounts 20222,3 M €↓
  8. 18/07/2022
    augmentation_capital
  9. 2021
    Annual accounts 20212,7 M €↑
  10. 2018
    Annual accounts 20182 M €↑
  11. 2017
    Annual accounts 20171,6 M €↓
  12. 2016
    Annual accounts 20161,7 M €↓
  13. 2015
    Annual accounts 20152,3 M €↑
  14. 2014
    Annual accounts 2014501,5 k €↑
  15. 2013
    Annual accounts 201391,2 k €↑
  16. 2012
    Annual accounts 201263,7 k €↓
  17. 2011
    Annual accounts 2011274,8 k €↑
  18. 2010
    Annual accounts 201024,5 k €↑
  19. 2009
    Annual accounts 200920,4 k €↓
  20. 2008
    Annual accounts 200884,8 k €↑
  21. 2007
    Annual accounts 200712,1 k €
  22. 23/03/2001
    IncorporationPublic limited company