ACTIVE

ERVICO

Financial year 2025 · closed on 30/09/2025
Net result
1,8 M €
+23.2% YoY
Gross margin
1,8 M €
+23.0% YoY
Equity
78,4 k €
+0.9% YoY

What does ERVICO do?

ERVICO is a Public limited company incorporated in 2002. Its main activity is: Activities of holding companies. Its registered office is in Woluwe-Saint-Lambert.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0478.928.293
Incorporation
04/12/2002
Legal form
Public limited company
Registered office
Bd. Brand Whitlock 114
1200 Woluwe-Saint-Lambert · BruxellesSee on map
Contributed capital
62 000,00 €
Latest accounts
30/09/2025
Contacts
2 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222019201820172016201520142013201220112010200920082007
Income statement
Gross margin1,8 M €1,4 M €1,1 M €1,1 M €893,5 k €637,1 k €537,3 k €442,7 k €170,2 k €87 k €64,3 k €552,3 k €522,8 k €955 k €860,2 k €667 k €704,5 k €
EBITDA1,8 M €1,4 M €1,1 M €1,1 M €892,4 k €637,1 k €536,5 k €434,4 k €164,6 k €81,5 k €61,9 k €544,9 k €520,6 k €953,1 k €858,3 k €665,2 k €702,2 k €
Operating result1,8 M €1,4 M €1,1 M €1,1 M €892,4 k €635,6 k €534,2 k €417,3 k €147,5 k €65,6 k €46,3 k €518,9 k €480,5 k €903,6 k €800,5 k €615,5 k €688,2 k €
Net result1,8 M €1,4 M €1,1 M €1,1 M €889,7 k €633,6 k €535,6 k €1,3 M €343,4 k €123 k €171,4 k €349,4 k €449,6 k €639,1 k €802,2 k €398,1 k €417 k €
Balance sheet
Equity78,4 k €77,7 k €323 k €716,6 k €692,7 k €687 k €683,4 k €2,7 M €3,8 M €3,5 M €3,6 M €3,4 M €3,9 M €3,5 M €2,9 M €2 M €1,7 M €
Total assets1,8 M €1,8 M €1,7 M €1,8 M €2,6 M €2,4 M €2,6 M €5,1 M €5,1 M €4,9 M €4,9 M €5,4 M €5,9 M €5,5 M €3,9 M €3,1 M €2,9 M €
Cash166,9 k €82,9 k €13,4 k €101,5 k €319,8 k €91,6 k €284 k €2,9 M €654,6 k €410,5 k €493,1 k €1,5 M €1,4 M €1,4 M €852,1 k €71 k €199,5 k €
Debts1,8 M €1,7 M €1,4 M €1,1 M €1,9 M €1,6 M €1,9 M €2,5 M €1,2 M €1,3 M €1,2 M €1,8 M €1,8 M €1,8 M €990,7 k €998,2 k €1,2 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 19 ended

Active mandates

FEELING & C°

Managing director · 0536.546.689

Active
SWING-VEST

Managing director · 0536.637.454

Represented by Sébastien Van Ingelgem

Active

Ended mandates

FEELING & C°

Managing director · since 07 juin 2016 · until 07 juin 2022 · 0536.546.689

Represented by Philippe VAN INGELGEM

Ended
FEELING & C°

Director · since 07 juin 2016 · 0536.546.689

Represented by Van Ingelgem Philippe Jean

Ended
FEELING & C°

Managing director · since 07 juin 2016 · until 07 juin 2022 · 0536.546.689

Represented by Philippe VAN INGELGEM

Ended
FEELING & C°

Director · since 07 juin 2016 · 0536.546.689

Represented by Van Ingelgem Sébastien

Ended
At this address

Other companies at this address

CompanyCBE no.
0837.201.654
0850.728.897
0460.033.584
0450.024.174
0419.138.285
BDVY HOLDINGActive
0700.217.066
BUSTERLiquidation
0443.266.046
CAPIMMOLiquidation
0439.593.805
DPHYSIOActive
0797.358.014
EPIMMOActive
0448.628.661
0478.645.213
HVACActive
0826.988.940
0402.703.715
0453.837.462
PV CYCLEActive
0893.027.827
0657.802.629
0651.647.582
VICBAG BEActive
0662.995.790
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/03/202628/03/202512/04/202424/03/202318/03/202203/05/2021
General meeting20/03/202621/03/202515/03/202417/03/202318/03/202219/03/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202520/03/202620/03/2026FrenchPDF
Abridged model30/09/202421/03/202528/03/2025FrenchPDF
Abridged model30/09/202315/03/202412/04/2024FrenchPDF
Abridged model30/09/202217/03/202324/03/2023FrenchPDF
Abridged model30/09/202118/03/202218/03/2022FrenchPDF
Abridged model30/09/202019/03/202103/05/2021FrenchPDF
Abridged model30/09/201902/12/201920/12/2019FrenchPDF
Abridged model30/09/201815/03/201926/04/2019FrenchPDF
Abridged model30/09/201716/03/201827/04/2018FrenchPDF
Abridged model30/09/201614/11/201613/01/2017FrenchPDF
Abridged model30/09/201518/03/201631/03/2016FrenchPDF
Abridged model30/09/201420/03/201526/03/2015FrenchPDF
Abridged model30/09/201321/03/201425/04/2014FrenchPDF
Abridged model30/09/201215/03/201315/03/2013FrenchPDF
Abridged model30/09/201116/03/201222/03/2012FrenchPDF
Abridged model30/09/201018/03/201123/03/2011FrenchPDF
Abridged model30/09/200919/03/201023/03/2010FrenchPDF
Abridged model30/09/200820/03/200923/03/2009FrenchPDF
Abridged model30/09/200721/03/200808/04/2008FrenchPDF
Abridged model30/09/200616/03/200723/03/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 30/09/2025 · 2 active · 19 ended

Active mandates

FEELING & C°

Managing director · 0536.546.689

Active
SWING-VEST

Managing director · 0536.637.454

Represented by Sébastien Van Ingelgem

Active

Ended mandates

FEELING & C°

Managing director · since 07 juin 2016 · until 07 juin 2022 · 0536.546.689

Represented by Philippe VAN INGELGEM

Ended
FEELING & C°

Director · since 07 juin 2016 · 0536.546.689

Represented by Van Ingelgem Philippe Jean

Ended
FEELING & C°

Managing director · since 07 juin 2016 · until 07 juin 2022 · 0536.546.689

Represented by Philippe VAN INGELGEM

Ended
FEELING & C°

Director · since 07 juin 2016 · 0536.546.689

Represented by Van Ingelgem Sébastien

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/07/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares19/07/2017
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates28/07/2016
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares07/08/2015
    CAPITAL, ACTIONS - DIVERS
    PDF
  • Capital / shares04/07/2014
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares23/12/2011
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates08/04/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/12/2008
    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 20251,8 M €
  2. 2024
    Annual accounts 20241,4 M €
  3. 2023
    Annual accounts 20231,1 M €
  4. 2022
    Annual accounts 20221,1 M €
  5. 2019
    Annual accounts 2019889,7 k €
  6. 2018
    Annual accounts 2018633,6 k €
  7. 2017
    Annual accounts 2017535,6 k €
  8. 2016
    Annual accounts 20161,3 M €
  9. 2015
    Annual accounts 2015343,4 k €
  10. 2014
    Annual accounts 2014123 k €
  11. 2013
    Annual accounts 2013171,4 k €
  12. 2012
    Annual accounts 2012349,4 k €
  13. 2011
    Annual accounts 2011449,6 k €
  14. 2010
    Annual accounts 2010639,1 k €
  15. 2009
    Annual accounts 2009802,2 k €
  16. 2008
    Annual accounts 2008398,1 k €
  17. 2007
    Annual accounts 2007417 k €
  18. 04/12/2002
    IncorporationPublic limited company