ACTIVE

ETS. E. BOURLARD

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Financial year 2025 · closed on 31/12/2025
Net result
10,0 k €
+83.7% YoY
Gross margin
17,3 k €
+110.6% YoY
Equity
37,1 k €
+36.6% YoY

What does ETS. E. BOURLARD do?

ETS. E. BOURLARD is a Private company with limited liability incorporated in 2017. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Schaerbeek.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0670.667.205
Incorporation
02/02/2017
Legal form
Private company with limited liability
Registered office
Rue Royale-Sainte-Marie 96
1030 Schaerbeek · BruxellesSee on map
Contributed capital
14 800,00 €
Latest accounts
31/12/2025
Activities (NACE)
43222Plumbing, heat and air-conditioning installation· main43222Plumbing, heat and air-conditioning installation81300Landscape service activities81300Landscape service activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin17,3 k €8,2 k €1,3 k €1,2 k €14,7 k €-2,4 k €7,4 k €3,7 k €1,0 k €
EBITDA14,3 k €7,3 k €1,1 k €583,5 €13,7 k €-3,1 k €6,2 k €3,6 k €964,0 €
Operating result12,7 k €6,8 k €359,8 €-132,9 €8,7 k €-4,1 k €4,9 k €2,6 k €275,0 €
Net result10,0 k €5,4 k €84,0 €-17,9 €6,9 k €-4,7 k €4,6 k €2,1 k €246,0 €
Balance sheet
Equity37,1 k €27,2 k €21,8 k €21,7 k €21,7 k €14,8 k €21,8 k €17,1 k €13,4 k €
Total assets40,4 k €28,8 k €23,5 k €24,3 k €24,2 k €23,9 k €32,9 k €22,3 k €16,7 k €
Cash28,8 k €9,8 k €5,5 k €10,8 k €9,8 k €–8,1 k €5,6 k €4,6 k €
Debts3,2 k €1,6 k €1,8 k €2,6 k €2,5 k €9,1 k €11,1 k €5,2 k €3,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

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

Active mandates

Etienne Bourlard

Director · since 02 février 2017

Active
Marc Bourlard

Director · since 02 février 2017

Active

Ended mandates

Etienne Bourlard

Manager · since 02 février 2017

Ended
Marc Bourlard

Manager · since 02 février 2017

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro modelMicro 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 date30/08/202631/08/202529/08/202429/08/202330/08/202210/11/2021
General meeting30/08/202628/08/202529/08/202423/08/202329/08/202225/06/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/08/202630/08/2026FrenchPDF
Micro model31/12/202428/08/202531/08/2025FrenchPDF
Micro model31/12/202329/08/202429/08/2024FrenchPDF
Micro model31/12/202223/08/202329/08/2023FrenchPDF
Micro model31/12/202129/08/202230/08/2022FrenchPDF
Micro model31/12/202025/06/202110/11/2021FrenchPDF
Micro model31/12/201908/11/202012/03/2021FrenchPDF
Micro model31/12/201828/06/201923/10/2019FrenchPDF
Micro model31/12/201729/06/201830/09/2018FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 2 ended

Active mandates

Etienne Bourlard

Director · since 02 février 2017

Active
Marc Bourlard

Director · since 02 février 2017

Active

Ended mandates

Etienne Bourlard

Manager · since 02 février 2017

Ended
Marc Bourlard

Manager · since 02 février 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other06/02/2017
    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 202510,0 k €↑
  2. 2024
    Annual accounts 20245,4 k €↑
  3. 2023
    Annual accounts 202384,0 €↑
  4. 2022
    Annual accounts 2022-17,9 €↓
  5. 2021
    Annual accounts 20216,9 k €↑
  6. 2020
    Annual accounts 2020-4,7 k €↓
  7. 2019
    Annual accounts 20194,6 k €↑
  8. 2018
    Annual accounts 20182,1 k €↑
  9. 2017
    Annual accounts 2017246,0 €
  10. 02/02/2017
    IncorporationPrivate company with limited liability