WALLONIE SANTE FINANCES
0705.942.145 · rovalta.com · 26/09/2026
ACTIVE
WALLONIE SANTE FINANCES
Financial year 2025 · Closed on 31/12/2025
Net result2,1 M €-16,0 %over 1 year
Gross margin104,4 k €+222,5 %over 1 year
Equity177,9 M €+9,3 %over 1 year
Workforce4,5 ETP+28,6 %over 1 year
Overview
Identity
Source · BCE/KBOWALLONIE SANTE FINANCES is a Public limited company incorporated in 2018. Its main activity is: Other financial service activities, except insurance and pension funding n.e.c.. Its registered office is in Liège. It employs on average 4,5 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0705.942.145
- Incorporation
- 27/09/2018
- Legal form
- Public limited company
- Registered office
- Avenue Maurice-Destenay 13
4000 Liège · WallonieSee on map - Contributed capital
- 171 850 000,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 4,5 ETP
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts
Financials
Source · NBB, 7 filingsTrend over 7 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 104,4 k € | +222% | -85,2 k € | +34.4% | -130 k € | -14.7% | -113,4 k € | -41.1% | -80,4 k € |
| EBITDA | -811 k € | -8.8% | -745,2 k € | -2.4% | -727,8 k € | -43.9% | -505,9 k € | -37.3% | -368,6 k € |
| Operating result | -814 k € | -8.0% | -754,1 k € | -2.0% | -739,5 k € | -43.3% | -516,2 k € | -36.6% | -377,9 k € |
| Net result | 2,1 M € | -16.0% | 2,5 M € | +132% | 1,1 M € | +342% | 245,3 k € | +2.5% | 239,4 k € |
| Balance sheet | |||||||||
| Equity | 177,9 M € | +9.3% | 162,7 M € | +19.2% | 136,5 M € | +0.8% | 135,4 M € | +2.9% | 131,5 M € |
| Total assets | 178,5 M € | +9.3% | 163,3 M € | +19.4% | 136,8 M € | +0.8% | 135,8 M € | +0.1% | 135,7 M € |
| Cash | 49,3 M € | +127% | 21,7 M € | +7.2% | 20,2 M € | -29.8% | 28,8 M € | -54.5% | 63,3 M € |
| Debts | 442,9 k € | -7.6% | 479,2 k € | +127% | 211,4 k € | +36.9% | 154,4 k € | -95.9% | 3,8 M € |
| Other | |||||||||
| Workforce | 4,5 ETP | +28.6% | 3,5 ETP | +16.7% | 3,0 ETP | +30.4% | 2,3 ETP | +27.8% | 1,8 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 100 M€ and 250 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/202513 active · 43 ended
Active mandates
Anne-Sophie TANDEL
ActiveChristine DEFRAIGNE
ActiveJohn LEWIS
ActiveMarielle PAPY
ActiveGianni INFANTI
ActiveJean-Paul BASTIN
ActiveLaurent WENRIC
ActiveMarion HALLET
ActiveRenaud FRANCART
ActiveVéronique CHARLIER
ActiveYolande HUSDEN
ActiveMarc DEGAUTE
ActivePhilippe BUELEN
ActiveEnded mandates
Gianni INFANTI
EndedJean-Paul BASTIN
EndedLaurent WENRIC
EndedMarion HALLET
EndedOther companies at this address
Avenue Maurice-Destenay 13 4000 Liège| Company | CBE no. |
|---|---|
AMERIGO● Active | 0771.407.148 |
ARCEO● Active | 0865.732.522 |
ARCEO ENGINEERING● Liquidation | 0894.304.267 |
ARJEMO● Active | 0887.233.957 |
B.E. Fin● Active | 0419.202.029 |
BELWING● Active | 0674.535.327 |
CENTRE D'AFFAIRES LIEGE AVROY● Active | 0842.182.209 |
Durobor Real Estate● Active | 0843.107.667 |
| 0798.422.341 | |
ESPACE FINANCEMENT● Active | 0553.753.006 |
ESTOR-LUX● Active | 0749.614.317 |
Estor-Lux II● Active | 0791.483.574 |
ESTOR-LUX III● Active | 1026.435.588 |
FNX Ventures● Active | 1006.450.422 |
FONDS DE PARTICIPATION WALLONIE● Active | 0554.780.018 |
GEPART● Active | 0871.229.947 |
GREEN4POWER● Active | 0666.984.074 |
Green for Power - Beta● Active | 1018.955.306 |
Green for Power - Hélios● Active | 1000.086.727 |
Green for Power Holdco● Active | 1017.348.767 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 13/07/2026 | 15/07/2025 | 18/07/2024 | 26/07/2023 | 06/07/2022 | 05/07/2021 |
| General meeting | 19/06/2026 | 20/06/2025 | 21/06/2024 | 16/06/2023 | 17/06/2022 | 18/06/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 7 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 19/06/2026 | 13/07/2026 | French | |
| Abridged model | 31/12/2024 | 20/06/2025 | 15/07/2025 | French | |
| Abridged model | 31/12/2023 | 21/06/2024 | 18/07/2024 | French | |
| Abridged model | 31/12/2022 | 16/06/2023 | 26/07/2023 | French | |
| Abridged model | 31/12/2021 | 17/06/2022 | 06/07/2022 | French | |
| Abridged model | 31/12/2020 | 18/06/2021 | 05/07/2021 | French | |
| Abridged model | 31/12/2019 | 26/06/2020 | 30/09/2020 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 M€ and 250 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
Board of directors
Source · NBB, accounts to 31/12/202513 active · 43 ended
Active mandates
Anne-Sophie TANDEL
ActiveChristine DEFRAIGNE
ActiveJohn LEWIS
ActiveMarielle PAPY
ActiveGianni INFANTI
ActiveJean-Paul BASTIN
ActiveLaurent WENRIC
ActiveMarion HALLET
ActiveRenaud FRANCART
ActiveVéronique CHARLIER
ActiveYolande HUSDEN
ActiveMarc DEGAUTE
ActivePhilippe BUELEN
ActiveEnded mandates
Gianni INFANTI
EndedJean-Paul BASTIN
EndedLaurent WENRIC
EndedMarion HALLET
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Capital / shares07/08/2026CAPITAL, ACTIONS
- Mandates09/01/2026DEMISSIONS, NOMINATIONS
- Mandates06/10/2025DEMISSIONS, NOMINATIONS
- Mandates29/08/2025DENOMINATION - OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates10/01/2025DEMISSIONS, NOMINATIONS
- Mandates05/11/2024DEMISSIONS, NOMINATIONS
- Capital / shares29/10/2024CAPITAL, ACTIONS
- Mandates05/02/2024DEMISSIONS, NOMINATIONS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20252,1 M €↓
- 20/06/2025nominationJohn LEWIS — Président
- 20/06/2025nominationLaurent WENRIC — Vice-Président
- 20/06/2025nominationDEFRAIGNE Christine — Administrateur
- 20/06/2025nominationTANDEL Anne-Sophie — Administrateur
- 20/06/2025nominationFRANCART Renaud — Administrateur
- 20/06/2025nominationPAPY Marielle — Administrateur
- 20/06/2025nominationWENRIC Laurent — Administrateur
- 20/06/2025nominationCHARLIER Véronique — Administrateur
- 20/06/2025nominationLEWIS John — Administrateur
- 25/04/2025augmentation_capitalRégion wallonne
- 2025Name changeWallonie Santé Finances
- 2024Annual accounts 20242,5 M €↑
- 04/10/2024augmentation_capital
- 21/06/2024nominationWENRIC Laurent — Administrateur
- 21/06/2024nominationCHARLIER Véronique — Administrateur
- 21/06/2024nominationHUSDEN Yolande — Administrateur
- 21/06/2024nominationINFANTI Gianni — Administrateur
- 21/06/2024nominationHALLET Marion — Administrateur
- 21/06/2024nominationBASTIN Jean-Paul — Administrateur
- 21/06/2024nominationFRANCART Renaud — Administrateur
- 01/01/2024reconductionThomas GHIGNY — Commissaire
- 2023Annual accounts 20231,1 M €↑
- 09/11/2023nominationLaurent WENRIC — Président du Conseil d'administration
- 2022Annual accounts 2022245,3 k €↑
- 23/09/2022augmentation_capital
- 01/05/2022nominationMarc DEGAUTE — membre du Comité de direction
- 2022Name changeWallonie Santé
- 2021Annual accounts 2021239,4 k €↑
- 2021Name changeSOCIETE WALLONNE D'INVESTISSEMENT ET DE CONSEIL DANS LES SECTEURS DE LA SANTE, DES HOPITAUX, DE L'HEBERGEMENT DES PERSONNES AGEES,... - Abrégé WALLONIE SANTE
- 2020Annual accounts 2020-22 k €↑
- 2019Annual accounts 2019-168,9 k €
- 2019Name changeSOCIETE WALLONNE D'INVESTISSEMENT ET DE CONSEIL DANS LES SECTEURS DE LA SANTE, DES HOPITAUX, DE L'HEBERGEMENT DES PERSONNES AGEES, DE L'ACCUEIL DES ..
- 27/09/2018IncorporationPublic limited company