Carmeuse Technologies
0686.768.017 · rovalta.com · 20/09/2026
ACTIVE
Carmeuse Technologies
Financial year 2025 · closed on 31/12/2025
Net result
7,2 M €
+329.9% YoY
Revenue
17,8 M €
+115.0% YoY
Equity
14,0 M €
+105.2% YoY
Workforce
44,6 ETP
-3.5% YoY
Overview
What does Carmeuse Technologies do?
Carmeuse Technologies is a Public limited company incorporated in 2017. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Ottignies-Louvain-la-Neuve. It employs on average 44,6 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0686.768.017
Incorporation
22/12/2017
Legal form
Public limited company
Registered office
Boulevard de Lauzelle 65
1348 Ottignies-Louvain-la-Neuve · WallonieSee on map
1348 Ottignies-Louvain-la-Neuve · WallonieSee on map
Contributed capital
10 076 000,00 €
Latest accounts
31/12/2025
Average workforce
44,6 ETP
Activities (NACE)
Joint committees (1)
- 200
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHigh revenue
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Financials
Trend over 8 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||
| Revenue | 17,8 M € | +115% | 8,3 M € | -8.2% | 9,0 M € | -17.8% | 11,0 M € | -3.1% | 11,3 M € | +27.7% | 8,9 M € | +11.1% | 8,0 M € | +57.3% | 5,1 M € |
| EBITDA | 12,4 M € | +1389% | 834,5 k € | -21.0% | 1,1 M € | +123% | 473,1 k € | +475% | -126,2 k € | -125% | 496,1 k € | -44.5% | 893,7 k € | +246% | 258,5 k € |
| Operating result | 8,5 M € | +394% | -2,9 M € | -4022% | 73,9 k € | +502% | 12,3 k € | +102% | -741,0 k € | -296% | 378,8 k € | -57.5% | 890,3 k € | +246% | 257,3 k € |
| Net result | 7,2 M € | +330% | -3,1 M € | -2664% | 121,9 k € | +202% | -119,0 k € | +87.3% | -936,6 k € | -844% | 125,9 k € | -76.5% | 537,0 k € | +254% | 151,6 k € |
| Balance sheet | |||||||||||||||
| Equity | 14,0 M € | +105% | 6,8 M € | -31.4% | 10,0 M € | +1.2% | 9,8 M € | +20996% | -47,1 k € | -105% | 889,5 k € | +16.5% | 763,5 k € | +237% | 226,6 k € |
| Total assets | 41,2 M € | +40.8% | 29,3 M € | +0.7% | 29,1 M € | +47.5% | 19,7 M € | +23.8% | 15,9 M € | +43.5% | 11,1 M € | +40.1% | 7,9 M € | +85.7% | 4,3 M € |
| Cash | 5,6 k € | -41.1% | 9,5 k € | -16.4% | 11,4 k € | -94.3% | 200,5 k € | +2638% | 7,3 k € | -26.1% | 9,9 k € | +132% | 4,3 k € | -79.3% | 20,7 k € |
| Debts | 20,4 M € | -8.2% | 22,2 M € | +18.6% | 18,7 M € | +96.5% | 9,5 M € | -38.5% | 15,5 M € | +52.0% | 10,2 M € | +46.4% | 7,0 M € | +80.0% | 3,9 M € |
| Other | |||||||||||||||
| Workforce | 44,6 ETP | -3.5% | 46,2 ETP | +2.0% | 45,3 ETP | +4.1% | 43,5 ETP | +70.6% | 25,5 ETP | +19.2% | 21,4 ETP | +18.9% | 18,0 ETP | +40.6% | 12,8 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 50 M€ and 100 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 33 ended
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Carfin● Active | 0407.899.747 |
Carmeuse America● Active | 0506.868.550 |
Carmeuse America Holding● Active | 0506.869.441 |
CARMEUSE COORDINATION CENTER● Active | 0439.839.867 |
Carmeuse Europe● Active | 0678.992.971 |
Carmeuse Europe Services● Active | 0799.439.950 |
Carmeuse Impact● Active | 1016.968.190 |
CARMEUSE RESEARCH AND TECHNOLOGY● Active | 0404.236.513 |
Carmeuse Ventures● Active | 1019.722.101 |
ETUDES ET VALORISATION DES SITES● Active | 0416.506.023 |
Nature, Forêt et Diversité● Active | 0597.610.664 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 26/06/2026 | 09/07/2025 | 01/07/2024 | 14/07/2023 | 02/08/2022 | 13/08/2021 |
| General meeting | 08/06/2026 | 10/06/2025 | 11/06/2024 | 15/06/2023 | 10/06/2022 | 25/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
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Annual accounts filings
8 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 08/06/2026 | 26/06/2026 | French | |
| Full model | 31/12/2024 | 10/06/2025 | 09/07/2025 | French | |
| Full model | 31/12/2023 | 11/06/2024 | 01/07/2024 | French | |
| Full model | 31/12/2022 | 15/06/2023 | 14/07/2023 | French | |
| Full model | 31/12/2021 | 10/06/2022 | 02/08/2022 | French | |
| Full model | 31/12/2020 | 25/06/2021 | 13/08/2021 | French | |
| Full model | 31/12/2019 | 22/05/2020 | 21/09/2020 | French | |
| Full model | 31/12/2018 | 11/06/2019 | 09/08/2019 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 50 M€ and 100 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 33 ended
Shareholders
Ownership and network
Looking for more information about this company?
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Belgian Official Gazette
Belgian Official Gazette publications
- Mandates03/07/2024DEMISSIONS, NOMINATIONS
- Mandates25/01/2024DENOMINATION
- Mandates31/07/2023DEMISSIONS, NOMINATIONS
- Mandates27/01/2023DEMISSIONS, NOMINATIONS
- Capital / shares14/07/2022CAPITAL, ACTIONS
- Other13/05/2022DIVERS
- Mandates04/10/2021DEMISSIONS, NOMINATIONS
- Mandates30/03/2021DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20257,2 M €↑
- 2024Annual accounts 2024-3,1 M €↓
- 2023Annual accounts 2023121,9 k €↑
- 2023Name changeCarmeuse Technologies S.A.
- 2022Annual accounts 2022-119,0 k €↑
- 2021Annual accounts 2021-936,6 k €↓
- 2020Annual accounts 2020125,9 k €↓
- 2019Annual accounts 2019537,0 k €↑
- 2018Annual accounts 2018151,6 k €
- 2018Name changeTECforLime
- 22/12/2017IncorporationPublic limited company