ACTIVE

Européenne de Tuyauterie et Maintenance Industrielle Belgium

Financial year 2025 · Closed on 31/12/2025

Net result68,1 k €-63,8 %over 1 year

Gross margin161,3 k €-50,4 %over 1 year

Equity667,1 k €-2,9 %over 1 year

Identity

Source · BCE/KBO

Européenne de Tuyauterie et Maintenance Industrielle Belgium is a Private limited company incorporated in 2001. Its main activity is: Manufacture of central heating radiators and boilers. Its registered office is in Aubange.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0474.554.187
Incorporation: 20/04/2001
Legal form: Private limited company
Registered office: Rue du Terminal - ATHUS 7
6791 Aubange · WallonieSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2025

Activities (NACE)

25210Manufacture of central heating radiators and boilers· main 25300Manufacture of steam generators, except central heating hot water boilers 28300Manufacture of agricultural and forestry machinery 25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25620Machining 28520Manufacture of machinery and equipment n.e.c.

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	161,3 k €	-50.4%	325,2 k €	+22.7%	265 k €	+76.1%	150,5 k €	+24.2%	121,1 k €
EBITDA	105,8 k €	-61.2%	272,3 k €	+26.4%	215,5 k €	+112%	101,8 k €	+97.6%	51,5 k €
Operating result	94,5 k €	-63.9%	261,3 k €	+24.5%	210 k €	+109%	100,4 k €	+103%	49,5 k €
Net result	68,1 k €	-63.8%	187,9 k €	+26.8%	148,3 k €	+119%	67,6 k €	+104%	33,1 k €
Balance sheet
Equity	667,1 k €	-2.9%	687,1 k €	+11.3%	617,1 k €	+11.0%	556,2 k €	+5.2%	528,7 k €
Total assets	804 k €	-8.9%	882,2 k €	+16.3%	758,3 k €	-48.8%	1,5 M €	+139%	620,5 k €
Cash	722,6 k €	-9.8%	801,1 k €	+14.4%	700,1 k €	-49.3%	1,4 M €	+160%	530,7 k €
Debts	137 k €	-29.8%	195,1 k €	+38.2%	141,2 k €	-0.9%	142,5 k €	+55.2%	91,8 k €
Other
Workforce	–		–		–		–		–

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

1 active

Active mandates

Director	Mandates in this company	Period
XAVIER WAGNER	Directorsince 18/04/2001Managersince 18/04/2001ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Abridged 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	27/05/2026	24/07/2025	23/07/2024	22/06/2023	03/06/2022	01/06/2021
General meeting	02/05/2026	13/06/2025	24/05/2024	05/05/2023	06/05/2022	07/05/2021
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
Micro model	31/12/2025	02/05/2026	27/05/2026	French	PDF
Micro model	31/12/2024	13/06/2025	24/07/2025	French	PDF
Micro model	31/12/2023	24/05/2024	23/07/2024	French	PDF
Micro model	31/12/2022	05/05/2023	22/06/2023	French	PDF
Micro model	31/12/2021	06/05/2022	03/06/2022	French	PDF
Abridged model	31/12/2020	07/05/2021	01/06/2021	French	PDF
Abridged model	31/12/2019	29/05/2020	16/06/2020	French	PDF
Abridged model	31/12/2018	03/05/2019	08/05/2019	French	PDF
Abridged model	31/12/2017	18/05/2018	22/08/2018	French	PDF
Abridged model	31/12/2016	05/05/2017	05/07/2017	French	PDF
Abridged model	31/12/2015	04/06/2016	15/06/2016	French	PDF
Abridged model	31/12/2014	04/05/2015	15/05/2015	French	PDF
Abridged model	31/12/2013	02/05/2014	25/06/2014	French	PDF
Abridged model	31/12/2012	03/05/2013	22/05/2013	French	PDF
Abridged model	31/12/2011	04/05/2012	29/05/2012	French	PDF
Abridged model	31/12/2010	05/04/2011	02/05/2011	French	PDF
Abridged model	31/12/2009	07/05/2010	25/05/2010	French	PDF
Abridged model	31/12/2008	02/05/2009	02/07/2009	French	PDF
Abridged model	31/12/2007	02/05/2008	17/06/2008	French	PDF
Abridged model	31/12/2006	04/05/2007	06/06/2007	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

1 active

Active mandates

Director	Mandates in this company	Period
XAVIER WAGNER	Directorsince 18/04/2001Managersince 18/04/2001ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates20/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office13/02/2014
SIEGE SOCIAL
PDF
Capital / shares27/10/2004
ASSEMBLEE GENERALE - 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

Filings20 filings

Mandates

XAVIER WAGNER

20012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Européenne de Tuyauterie et Maintenance Industrielle Belgium

Rue du Terminal - ATHUS 7, 6791 Athus

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue du Terminal - ATHUS 7, 6791 AthusCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00122050

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Européenne de Tuyauterie et Maintenance Industrielle BelgiumCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00122050

Events

2025
Annual accounts 202568,1 k €↓
2024
Annual accounts 2024187,9 k €↑
2023
Annual accounts 2023148,3 k €↑
2022
Annual accounts 202267,6 k €↑
2021
Annual accounts 202133,1 k €↓
2020
Annual accounts 202065 k €↑
2019
Annual accounts 201963,8 k €↓
2018
Annual accounts 201867,8 k €↓
2017
Annual accounts 201775,4 k €↑
2016
Annual accounts 201656,3 k €↑
2015
Annual accounts 201532,8 k €↑
2014
Annual accounts 201430,4 k €↓
2013
Annual accounts 201339,7 k €↑
2012
Annual accounts 201233,6 k €↓
2011
Annual accounts 201136 k €↑
2010
Annual accounts 201030,8 k €↓
2009
Annual accounts 200989,7 k €↑
2008
Annual accounts 200845,3 k €↑
2007
Annual accounts 200743,6 k €↓
2006
Annual accounts 200665,6 k €
20/04/2001
IncorporationPrivate limited company

Européenne de Tuyauterie et Maintenance Industrielle Belgium

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