ACTIVE

Encon

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Financial year 2025 · closed on 31/12/2025
Net result
-177,4 k €
-3739.6% YoY
Revenue
13,8 M €
+51.8% YoY
Equity
1,6 M €
-10.0% YoY
Workforce
73,5 ETP
-15.8% YoY

What does Encon do?

Encon is a Public limited company incorporated in 2002. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Bilzen-Hoeselt. It employs on average 73,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0477.744.794
Incorporation
11/06/2002
Legal form
Public limited company
Registered office
Kieleberg 41
3740 Bilzen-Hoeselt · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
73,5 ETP
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy74203Photographic activities
Joint committees (2)
  • 200
  • 218
Signals
Positive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201820172016201520142012201120102009200820072006
Income statement
Revenue13,8 M €9,1 M €4,2 k €10,1 M €––––––––––––––
EBITDA721,7 k €737,8 k €1,5 M €273,8 k €778,9 k €326 k €230,6 k €195,3 k €195,1 k €259,3 k €412,7 k €275,7 k €575,1 k €381,7 k €328,9 k €103,3 k €66,2 k €58,7 k €
Operating result73 k €117,4 k €867,7 k €-192,9 k €378,3 k €-33,9 k €167,6 k €143,6 k €133,9 k €178,6 k €185,5 k €155,9 k €489,2 k €303,9 k €251,4 k €46,4 k €25,9 k €10,6 k €
Net result-177,4 k €-4,6 k €606,6 k €-277,9 k €276,3 k €-126,6 k €127,1 k €43 k €44,4 k €81 k €71,2 k €62,5 k €294,8 k €181,7 k €154,1 k €15,7 k €13,2 k €2,9 k €
Balance sheet
Equity1,6 M €1,8 M €1,8 M €1,2 M €1,5 M €1,2 M €1,1 M €1 M €957,5 k €933,1 k €852,1 k €781 k €718,5 k €423,6 k €241,9 k €87,8 k €74,5 k €63,7 k €
Total assets8,8 M €9,5 M €9,1 M €8 M €8,5 M €7,6 M €8,2 M €3 M €2,7 M €2,3 M €2,8 M €2,5 M €2,2 M €2 M €953,3 k €691,7 k €723,1 k €365,1 k €
Cash256,1 k €525,3 k €288,5 k €618,3 k €813,7 k €463,7 k €333,1 k €481 k €445,3 k €500,1 k €317,4 k €244,5 k €373,3 k €291,1 k €112,5 k €2,1 k €85,6 k €3,6 k €
Debts7,2 M €7,7 M €7,3 M €6,4 M €6,9 M €6,3 M €6,9 M €2 M €1,8 M €1,4 M €2 M €1,7 M €1,5 M €1,6 M €706,5 k €592,6 k €633,3 k €293 k €
Other
Workforce73,5 ETP87,3 ETP81,5 ETP67,3 ETP55,1 ETP47,0 ETP27,3 ETP25,4 ETP27,3 ETP24,7 ETP24,4 ETP20,8 ETP18,1 ETP12,5 ETP6,3 ETP5,0 ETP4,7 ETP3,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 14 ended

Active mandates

AMBO

Director · since 23 février 2024 · until 22 février 2030 · 0872.527.173

Represented by Stefan Baeten

Active
Asgard

Director · since 23 février 2024 · until 22 février 2030 · 0885.811.027

Represented by Dennis Edey

Active
Robin Bruninx

Managing director · since 23 février 2024 · until 22 février 2030

Active
Sandra Deraeve

Director · since 23 février 2024 · until 22 février 2030

Active

Ended mandates

AMBO

Director · since 30 mars 2018 · until 23 février 2024 · 0872.527.173

Represented by Stefan Baeten

Ended
AMBO

Director · since 30 mars 2018 · until 23 février 2024 · 0872.527.173

Represented by Stefan Baeten

Ended
AMBO

Director · since 30 mars 2018 · until 23 février 2024 · 0872.527.173

Represented by Stefan Baeten

Ended
Asgard

Director · since 30 mars 2018 · until 23 février 2024 · 0885.811.027

Represented by Dennis Edey

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year31/12/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year15 months12 months12 months12 months12 months12 months
Filing date18/06/202601/04/202502/04/202417/04/202330/03/202230/03/2021
General meeting05/06/202631/03/202527/03/202424/02/202325/02/202226/02/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202505/06/202618/06/2026DutchPDF
Full model30/09/202431/03/202501/04/2025DutchPDF
Full model30/09/202327/03/202402/04/2024DutchPDF
Full model30/09/202224/02/202317/04/2023DutchPDF
Abridged model30/09/202125/02/202230/03/2022DutchPDF
Abridged model30/09/202026/02/202130/03/2021DutchPDF
Abridged model30/09/201906/03/202009/04/2020DutchPDF
Abridged model30/09/201822/02/201921/05/2019DutchPDF
Abridged model30/09/201723/02/201807/03/2018DutchPDF
Abridged model30/09/201624/02/201714/03/2017DutchPDF
Abridged model30/09/201526/02/201631/03/2016DutchPDF
Abridged model30/09/201427/02/201523/03/2015DutchPDF
Abridged model31/12/201231/05/201330/08/2013DutchPDF
Abridged model31/12/201125/05/201214/08/2012DutchPDF
Abridged model31/12/201027/05/201125/08/2011DutchPDF
Abridged model31/12/200928/05/201026/10/2010DutchPDF
Abridged model31/12/200829/05/200931/10/2009DutchPDF
Abridged model31/12/200730/05/200829/08/2008DutchPDF
Abridged model31/12/200625/05/200731/08/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 14 ended

Active mandates

AMBO

Director · since 23 février 2024 · until 22 février 2030 · 0872.527.173

Represented by Stefan Baeten

Active
Asgard

Director · since 23 février 2024 · until 22 février 2030 · 0885.811.027

Represented by Dennis Edey

Active
Robin Bruninx

Managing director · since 23 février 2024 · until 22 février 2030

Active
Sandra Deraeve

Director · since 23 février 2024 · until 22 février 2030

Active

Ended mandates

AMBO

Director · since 30 mars 2018 · until 23 février 2024 · 0872.527.173

Represented by Stefan Baeten

Ended
AMBO

Director · since 30 mars 2018 · until 23 février 2024 · 0872.527.173

Represented by Stefan Baeten

Ended
AMBO

Director · since 30 mars 2018 · until 23 février 2024 · 0872.527.173

Represented by Stefan Baeten

Ended
Asgard

Director · since 30 mars 2018 · until 23 février 2024 · 0885.811.027

Represented by Dennis Edey

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other10/10/2025
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates28/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates04/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/05/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/04/2018
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates05/02/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office27/12/2016
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL
    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 2025-177,4 k €↓
  2. 2024
    Annual accounts 2024-4,6 k €↓
  3. 2023
    Annual accounts 2023606,6 k €↑
  4. 2022
    Annual accounts 2022-277,9 k €↓
  5. 2021
    Annual accounts 2021276,3 k €↑
  6. 2020
    Annual accounts 2020-126,6 k €↓
  7. 2018
    Annual accounts 2018127,1 k €↑
  8. 2017
    Annual accounts 201743 k €↓
  9. 2016
    Annual accounts 201644,4 k €↓
  10. 2016
    Name changeEncon
  11. 2015
    Annual accounts 201581 k €↑
  12. 2014
    Annual accounts 201471,2 k €↑
  13. 2012
    Annual accounts 201262,5 k €↓
  14. 2011
    Annual accounts 2011294,8 k €↑
  15. 2010
    Annual accounts 2010181,7 k €↑
  16. 2009
    Annual accounts 2009154,1 k €↑
  17. 2008
    Annual accounts 200815,7 k €↑
  18. 2007
    Annual accounts 200713,2 k €↑
  19. 2006
    Annual accounts 20062,9 k €
  20. 2006
    Name changeENCON INGENIEURSBUREAU
  21. 11/06/2002
    IncorporationPublic limited company