ACTIVE

ENBRO

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Financial year 2025 · closed on 31/12/2025
Net result
-818,3 k €
-481.1% YoY
Revenue
2,6 M €
-76.9% YoY
Equity
12,6 M €
-6.1% YoY
Workforce
17,9 ETP
-4.3% YoY

What does ENBRO do?

ENBRO is a Public limited company incorporated in 2013. Its registered office is in Harelbeke. It employs on average 17,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0540.921.389
Incorporation
15/10/2013
Legal form
Public limited company
Registered office
Kortrijksesteenweg 387
8530 Harelbeke · FlandreSee on map
Contributed capital
75 000,00 €
Latest accounts
31/12/2025
Average workforce
17,9 ETP
Joint committees (4)
  • 200
  • 20000
  • 218
  • 322
Signals
Solid equityLow riskGood liquidityHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021201920182017201620152014
Income statement
Revenue2,6 M €11,1 M €17,3 M €13,4 M €–––––––
EBITDA-668,3 k €760,1 k €2,1 M €850,3 k €25,4 k €1,8 M €1,1 M €947,7 k €224,6 k €333,8 k €82,7 k €
Operating result-932,3 k €417,3 k €1,8 M €368 k €-227,6 k €1,4 M €646,7 k €1,1 M €193,1 k €280,5 k €82,7 k €
Net result-818,3 k €214,7 k €9,8 M €171,6 k €-429,6 k €606,7 k €473,8 k €1,1 M €104,9 k €173 k €54,1 k €
Balance sheet
Equity12,6 M €13,5 M €13,2 M €3,5 M €3,3 M €2,5 M €1,9 M €1,5 M €407 k €302,1 k €129,1 k €
Total assets22,4 M €23,8 M €25,5 M €16,7 M €10,5 M €6,9 M €4,2 M €2,2 M €1,4 M €910,9 k €256,4 k €
Cash983,9 k €1,3 M €435,7 k €53,4 k €207,5 k €266,5 k €508,6 k €306,2 k €668,2 k €424,8 k €80,7 k €
Debts9,8 M €10,3 M €12,2 M €13,1 M €7,1 M €4,1 M €2,1 M €583,3 k €596,1 k €608,1 k €125,7 k €
Other
Workforce17,9 ETP18,7 ETP17,7 ETP18,2 ETP21,9 ETP17,2 ETP12,1 ETP11,1 ETP8,3 ETP5,0 ETP3,8 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 · 2 active · 18 ended

Active mandates

LUDEM

Managing director · since 22 novembre 2023 · until 11 mai 2029 · 0443.018.794

Represented by Luc DEMEYERE

Active
MARIMA

Managing director · since 22 novembre 2023 · until 11 mai 2029 · 0865.261.972

Represented by Stijn Rigolle

Active

Ended mandates

MARIMA

Managing director · since 22 novembre 2023 · until 11 mai 2029 · 0865.261.972

Represented by Stijn RIGOLLE

Ended
MARIMA

Managing director · since 24 juin 2022 · until 24 juin 2027 · 0865.261.972

Represented by Stijn Rigolle

Ended
LUDEM

Managing director · since 01 janvier 2019 · until 24 mars 2022 · 0443.018.794

Represented by Luc Demeyere

Ended
LUDEM

Managing director · since 01 janvier 2019 · until 31 décembre 2024 · 0443.018.794

Represented by Demeyere LUC

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 date03/07/202623/06/202530/05/202426/07/202328/07/202227/09/2021
General meeting02/06/202623/05/202530/04/202430/06/202324/06/202226/03/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202502/06/202603/07/2026DutchPDF
Full model31/12/202423/05/202523/06/2025DutchPDF
Full model31/12/202330/04/202430/05/2024DutchPDF
Full model31/12/202230/06/202326/07/2023DutchPDF
Abridged model31/12/202124/06/202228/07/2022DutchPDF
Abridged model31/12/202026/03/202127/09/2021DutchPDF
Abridged model31/12/201927/03/202028/08/2020DutchPDF
Abridged model31/12/201829/03/201903/06/2019DutchPDF
Abridged model31/12/201730/03/201812/07/2018DutchPDF
Abridged model31/12/201631/03/201722/06/2017DutchPDF
Abridged model31/12/201525/06/201630/08/2016DutchPDF
Abridged model31/12/201427/06/201527/08/2015DutchPDF
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 · 2 active · 18 ended

Active mandates

LUDEM

Managing director · since 22 novembre 2023 · until 11 mai 2029 · 0443.018.794

Represented by Luc DEMEYERE

Active
MARIMA

Managing director · since 22 novembre 2023 · until 11 mai 2029 · 0865.261.972

Represented by Stijn Rigolle

Active

Ended mandates

MARIMA

Managing director · since 22 novembre 2023 · until 11 mai 2029 · 0865.261.972

Represented by Stijn RIGOLLE

Ended
MARIMA

Managing director · since 24 juin 2022 · until 24 juin 2027 · 0865.261.972

Represented by Stijn Rigolle

Ended
LUDEM

Managing director · since 01 janvier 2019 · until 24 mars 2022 · 0443.018.794

Represented by Luc Demeyere

Ended
LUDEM

Managing director · since 01 janvier 2019 · until 31 décembre 2024 · 0443.018.794

Represented by Demeyere LUC

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates17/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/03/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates25/07/2017
    DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/05/2016
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates24/02/2016
    ONTSLAGEN - BENOEMINGEN
    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 2025-818,3 k €↓
  2. 2024
    Annual accounts 2024214,7 k €↓
  3. 2023
    Annual accounts 20239,8 M €↑
  4. 2022
    Annual accounts 2022171,6 k €↑
  5. 2021
    Annual accounts 2021-429,6 k €↓
  6. 2019
    Annual accounts 2019606,7 k €↑
  7. 2018
    Annual accounts 2018473,8 k €↓
  8. 2017
    Annual accounts 20171,1 M €↑
  9. 2016
    Annual accounts 2016104,9 k €↓
  10. 2015
    Annual accounts 2015173 k €↑
  11. 2014
    Annual accounts 201454,1 k €
  12. 15/10/2013
    IncorporationPublic limited company