ACTIVE

WAL'EOL

Financial year 2025 · closed on 31/12/2025
Net result
189,4 k €
+153.0% YoY
Gross margin
520 k €
+104.6% YoY
Equity
1,5 M €
+12.3% YoY

What does WAL'EOL do?

WAL'EOL is a Private limited company incorporated in 2014. Its main activity is: Production of electricity. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0544.883.939
Incorporation
23/01/2014
Legal form
Private limited company
Registered office
Rue Bonne-Femme 64 box 2
4030 Liège · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin520 k €254,1 k €630,7 k €979,9 k €1,1 M €1,1 M €1,2 M €981,9 k €677,1 k €-41,5 k €-4,1 k €
EBITDA480,3 k €184,1 k €603,9 k €947,4 k €1 M €1,1 M €1,1 M €930,4 k €674,8 k €-51,5 k €-4,1 k €
Operating result278,5 k €-5,6 k €177,6 k €518,2 k €600,9 k €655,5 k €702,9 k €504,6 k €252,7 k €-93,7 k €-4,1 k €
Net result189,4 k €-357,1 k €123,8 k €369,5 k €420,2 k €465,6 k €624,9 k €387,3 k €134,2 k €-174,9 k €-4,1 k €
Balance sheet
Equity1,5 M €1,3 M €1,7 M €1,6 M €1,3 M €1,3 M €1,4 M €1,1 M €861,8 k €589,7 k €14,5 k €
Total assets4,9 M €4,9 M €5,3 M €5,9 M €5,6 M €5,8 M €6,1 M €6,2 M €7,2 M €6,8 M €523,1 k €
Cash816 k €921,8 k €613,5 k €636,7 k €105,5 k €275,2 k €231,7 k €27 k €62,3 k €166,6 k €460,1 €
Debts3,2 M €3,4 M €3,5 M €4,2 M €4,2 M €4,4 M €4,6 M €5,1 M €6,3 M €6,2 M €508,6 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 17 ended

Active mandates

Damien Léonard

Director · since 02 mai 2025

Active
Lieselot De Meyere

Director · since 01 octobre 2024 · until 02 mai 2025

Active

Ended mandates

Arthur Van Marcke

Director · since 05 juin 2020 · until 01 octobre 2024

Ended
Luc Van Marcke

Director · since 05 juin 2020 · until 01 octobre 2024

Ended
Marie Van Marcke

Director · since 05 juin 2020 · until 01 octobre 2024

Ended
Marleen Coppens

Director · since 05 juin 2020 · until 01 octobre 2024

Ended
At this address

Other companies at this address

CompanyCBE no.
0848.901.042
DEMAINVESTActive
0715.855.545
WAL-VENTActive
0544.874.041
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged 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 date03/08/202606/07/202629/08/202431/08/202331/10/202202/06/2021
General meeting03/08/202603/07/202627/08/202424/08/202306/10/202213/03/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202503/08/202603/08/2026FrenchPDF
Abridged model31/12/202403/07/202606/07/2026FrenchPDF
Abridged model31/12/202327/08/202429/08/2024FrenchPDF
Abridged model31/12/202224/08/202331/08/2023FrenchPDF
Abridged model31/12/202106/10/202231/10/2022FrenchPDF
Abridged model31/12/202013/03/202102/06/2021FrenchPDF
Abridged model31/12/201913/03/202003/06/2020FrenchPDF
Abridged model31/12/201818/06/201909/07/2019FrenchPDF
Abridged model31/12/201722/05/201810/07/2018FrenchPDF
Micro model31/12/201630/06/201716/08/2017FrenchPDF
Abridged model31/12/201516/06/201622/08/2016FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 17 ended

Active mandates

Damien Léonard

Director · since 02 mai 2025

Active
Lieselot De Meyere

Director · since 01 octobre 2024 · until 02 mai 2025

Active

Ended mandates

Arthur Van Marcke

Director · since 05 juin 2020 · until 01 octobre 2024

Ended
Luc Van Marcke

Director · since 05 juin 2020 · until 01 octobre 2024

Ended
Marie Van Marcke

Director · since 05 juin 2020 · until 01 octobre 2024

Ended
Marleen Coppens

Director · since 05 juin 2020 · until 01 octobre 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/08/2026
    Nomination - démission d'administrateur
    PDF
  • Mandates06/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/11/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/06/2020
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ANNEE COMPTABLE
    PDF
  • Mandates06/01/2016
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other10/02/2014
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025189,4 k €
  2. 2024
    Annual accounts 2024-357,1 k €
  3. 2023
    Annual accounts 2023123,8 k €
  4. 2022
    Annual accounts 2022369,5 k €
  5. 2021
    Annual accounts 2021420,2 k €
  6. 2020
    Annual accounts 2020465,6 k €
  7. 2019
    Annual accounts 2019624,9 k €
  8. 2018
    Annual accounts 2018387,3 k €
  9. 2017
    Annual accounts 2017134,2 k €
  10. 2016
    Annual accounts 2016-174,9 k €
  11. 2015
    Annual accounts 2015-4,1 k €
  12. 23/01/2014
    IncorporationPrivate limited company