ACTIVE

ECOSTAL GROUP

Financial year 2025 · closed on 31/12/2025
Net result
133,4 k €
+100.4% YoY
Revenue
3,7 M €
+159.2% YoY
Equity
178,6 M €
+0.1% YoY
Workforce
6,4 ETP
+178.3% YoY

What does ECOSTAL GROUP do?

ECOSTAL GROUP is a Public limited company incorporated in 2020. Its main activity is: Wholesale of information and communication equipment. Its registered office is in Soumagne. It employs on average 6,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0757.661.456
Incorporation
30/10/2020
Legal form
Public limited company
Registered office
Rue du Relais(CER) 1
4632 Soumagne · WallonieSee on map
Contributed capital
209 541 477,00 €
Latest accounts
31/12/2025
Average workforce
6,4 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Revenue3,7 M €1,4 M €212,9 k €
EBITDA-548,3 k €-844,2 k €-33,4 k €-39,8 k €11,4 k €
Operating result-822,3 k €-867,5 k €-37 k €-43,7 k €7,6 k €
Net result133,4 k €-31,5 M €194,8 k €284,6 k €-15,1 k €
Balance sheet
Equity178,6 M €178,5 M €161,4 M €519,5 k €234,9 k €
Total assets193,8 M €190 M €175,3 M €4,4 M €4,5 M €
Cash458,8 k €433,9 k €168,9 k €15,7 k €44,2 k €
Debts15 M €11,4 M €13,9 M €3,8 M €4,2 M €
Other
Workforce6,4 ETP2,3 ETP1,0 ETP0,6 ETP1,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2025 · 4 active · 23 ended

Active mandates

WE Environnement

Director · since 28 mars 2025 · until 18 juin 2030 · 0426.516.918

Represented by Renaud Schetter

Active
GTM GROUP

Managing director · since 07 février 2025 · until 18 juin 2030 · 0685.452.676

Represented by Loïc-Marie Pequignot

Active
ARVEST GROUP

Chairman of the board of directors · since 06 décembre 2023 · until 19 juin 2029 · 0838.550.746

Represented by Yves Warnant

Active
THEMA INVEST

Managing director · since 06 décembre 2023 · until 19 juin 2029 · 0849.814.327

Represented by Stéphane Dauvister

Active

Ended mandates

GTM GROUP

Director · since 07 février 2025 · until 18 juin 2030 · 0685.452.676

Represented by Loïc-Marie Pequignot

Ended
SPARAXIS

Director · since 19 août 2024 · until 18 juin 2030 · 0452.116.307

Represented by Loïc Sacre

Ended
ARVEST GROUP

Director · since 06 décembre 2023 · until 19 juin 2029 · 0838.550.746

Represented by Yves Warnant

Ended
CPM-Partners

Managing director · since 06 décembre 2023 · until 19 juin 2029 · 0841.602.088

Represented by Christophe Piron

Ended
At this address

Other companies at this address

CompanyCBE no.
AsotiaActive
0804.293.316
0746.713.225
DLG IMMOActive
0664.732.783
DL PROJECTActive
0642.505.135
ECOSTALActive
0806.747.119
SART GARE IMMOActive
0788.445.296
SIGUESOLActive
0898.871.680
SOLARECYCLEActive
0899.286.307
VAL VERT IMMOActive
0791.155.160
Annual accounts

Full financial information

20252024202320222021
Type of accountFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202230/10/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months15 months
Filing date23/07/202628/07/202509/07/202429/06/202319/07/2022
General meeting16/07/202630/06/202528/06/202427/06/202330/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202516/07/202623/07/2026FrenchPDF
Full model31/12/202430/06/202528/07/2025FrenchPDF
Full model31/12/202328/06/202409/07/2024FrenchPDF
Abridged model31/12/202227/06/202329/06/2023FrenchPDF
Abridged model31/12/202130/06/202219/07/2022FrenchPDF
Estimate

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.

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 · 4 active · 23 ended

Active mandates

WE Environnement

Director · since 28 mars 2025 · until 18 juin 2030 · 0426.516.918

Represented by Renaud Schetter

Active
GTM GROUP

Managing director · since 07 février 2025 · until 18 juin 2030 · 0685.452.676

Represented by Loïc-Marie Pequignot

Active
ARVEST GROUP

Chairman of the board of directors · since 06 décembre 2023 · until 19 juin 2029 · 0838.550.746

Represented by Yves Warnant

Active
THEMA INVEST

Managing director · since 06 décembre 2023 · until 19 juin 2029 · 0849.814.327

Represented by Stéphane Dauvister

Active

Ended mandates

GTM GROUP

Director · since 07 février 2025 · until 18 juin 2030 · 0685.452.676

Represented by Loïc-Marie Pequignot

Ended
SPARAXIS

Director · since 19 août 2024 · until 18 juin 2030 · 0452.116.307

Represented by Loïc Sacre

Ended
ARVEST GROUP

Director · since 06 décembre 2023 · until 19 juin 2029 · 0838.550.746

Represented by Yves Warnant

Ended
CPM-Partners

Managing director · since 06 décembre 2023 · until 19 juin 2029 · 0841.602.088

Represented by Christophe Piron

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/09/2026
    Nomination en tant que commissaire aux comptes de BDO Réviseurs
    PDF
  • Mandates22/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares30/09/2024
    CAPITAL, ACTIONS
    PDF
  • Mandates21/08/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares23/07/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    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. 31/12/2025
    nominationSA THEMA INVEST — délégué à la gestion journalière
  2. 31/12/2025
    nominationSRL GTM GROUP — délégué à la gestion journalière
  3. 2025
    Annual accounts 2025133,4 k €
  4. 28/03/2025
    nominationWE Environnement — administrateur
  5. 07/02/2025
    nominationGTM GROUP — administrateur
  6. 2024
    Annual accounts 2024-31,5 M €
  7. 04/12/2024
    nominationThe Witty Bee SRL — administrateur délégué
  8. 26/09/2024
    augmentation_capital
  9. 19/08/2024
    augmentation_capital
  10. 05/07/2024
    augmentation_capitalJ.A.C.-CONSULTING
  11. 2023
    Annual accounts 2023194,8 k €
  12. 2023
    Name changeECOSTAL GROUP
  13. 2022
    Annual accounts 2022284,6 k €
  14. 2021
    Annual accounts 2021-15,1 k €
  15. 2021
    Name changeSMARTSOL SYSTEMS
  16. 30/10/2020
    IncorporationPublic limited company