ACTIVE

Wallonie Entreprendre

Financial year 2025 · Closed on 31/12/2025

Net result151,2 M €-46,0 %over 1 year
Revenue3 M €-6,5 %over 1 year
Equity5 Md €+1,6 %over 1 year
Workforce178,0 ETP+2,1 %over 1 year

Identity

Source · BCE/KBO

Wallonie Entreprendre is a Public limited company incorporated in 2022. Its main activity is: Activities of holding companies. Its registered office is in Liège. It employs on average 178,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0793.630.244
Incorporation
16/11/2022
Legal form
Public limited company
Registered office
Avenue Maurice-Destenay 13
4000 Liège · WallonieSee on map
Contributed capital
3 853 624 345,66 €
Latest accounts
31/12/2025
Average workforce
178,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debtsHigh revenue

Financials

Source · NBB, 7 filings

Trend over 3 financial years

202520242023
Income statement
Revenue3 M €3,2 M €3,6 M €
EBITDA-3 M €-12,5 M €-18,3 M €
Operating result-4,8 M €-14,4 M €-19,7 M €
Net result151,2 M €279,8 M €141,5 M €
Balance sheet
Equity5 Md €4,9 Md €4,7 Md €
Total assets5,4 Md €5,3 Md €5 Md €
Cash333,2 M €251,2 M €263,4 M €
Debts372,6 M €388,1 M €371,1 M €
Other
Workforce178,0 ETP174,4 ETP169,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

more than 1.000 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

19 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jean Hilgers
Chairman of the board of directors12/02/2025 → 04/11/2029Director12/02/2025 → 11/04/2025
Olivier Henin
Vice-chairman of the board of directors31/03/2025 → 04/11/2029Director31/03/2025 → 11/04/2025
Anne-Sophie Tandel
Director31/03/2025 → 04/11/2029
Christine Defraigne
Director31/03/2025 → 04/11/2029
Daniele Michele
Director31/03/2025 → 04/11/2029
Joyce Wieczorek
Director31/03/2025 → 04/11/2029
Matthieu Possoz
Director31/03/2025 → 04/11/2029
Damien De Vroey
Government commissionersince 05/09/2024
Lionel Blanchard
Government commissionersince 05/09/2024
Philippe Crevits
Director09/01/2023 → 15/06/2028
Caroline Decamps
Director16/11/2022 → 21/06/2029
Clarisse Ramakers
Director16/11/2022 → 04/11/2029
Dominique Offergeld
Director16/11/2022 → 21/06/2029
Laurent Wenric
Director16/11/2022 → 21/06/2029
Marylise Ledouble
Vice-chairman of the board of directors16/11/2022 → 21/06/2029
Philippe Gilson
Director16/11/2022 → 21/06/2029
Pierre Parlongue
Director16/11/2022 → 04/11/2029
Pierre Rion
Chairman of the board of directors16/11/2022 → 21/06/2029
Renaud Moens
Director16/11/2022 → 04/11/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Arnaud HERMESSE
Government commissioner22/11/2022 → 05/09/2024
Nicolas Pire
Government commissioner22/11/2022 → 05/09/2024

Other companies at this address

Avenue Maurice-Destenay 13 4000 Liège
CompanyCBE 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
0842.182.209
0843.107.667
0798.422.341
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
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GEPART● Active
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GREEN4POWER● Active
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1000.086.727
1017.348.767

Full financial information

Source · NBB
202520242023
Type of accountFull modelFull modelFull model
Start of the financial year01/01/202501/01/202416/11/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months14 months
Filing date09/07/202626/06/202520/06/2025
General meeting18/06/202619/06/202519/06/2025
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202518/06/202609/07/2026FrenchPDF
Full model31/12/202419/06/202526/06/2025FrenchPDF
Consolidated accountsCorrection31/12/202419/06/202502/09/2025FrenchPDF
Consolidated accounts31/12/202419/06/202507/07/2025FrenchPDF
Full modelCorrection31/12/202319/06/202520/06/2025FrenchPDF
Full model31/12/202320/06/202417/07/2024FrenchPDF
Consolidated accounts31/12/202320/06/202412/07/2024FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

more than 1.000 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.

Board of directors

Source · NBB, accounts to 31/12/2025

19 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jean Hilgers
Chairman of the board of directors12/02/2025 → 04/11/2029Director12/02/2025 → 11/04/2025
Olivier Henin
Vice-chairman of the board of directors31/03/2025 → 04/11/2029Director31/03/2025 → 11/04/2025
Anne-Sophie Tandel
Director31/03/2025 → 04/11/2029
Christine Defraigne
Director31/03/2025 → 04/11/2029
Daniele Michele
Director31/03/2025 → 04/11/2029
Joyce Wieczorek
Director31/03/2025 → 04/11/2029
Matthieu Possoz
Director31/03/2025 → 04/11/2029
Damien De Vroey
Government commissionersince 05/09/2024
Lionel Blanchard
Government commissionersince 05/09/2024
Philippe Crevits
Director09/01/2023 → 15/06/2028
Caroline Decamps
Director16/11/2022 → 21/06/2029
Clarisse Ramakers
Director16/11/2022 → 04/11/2029
Dominique Offergeld
Director16/11/2022 → 21/06/2029
Laurent Wenric
Director16/11/2022 → 21/06/2029
Marylise Ledouble
Vice-chairman of the board of directors16/11/2022 → 21/06/2029
Philippe Gilson
Director16/11/2022 → 21/06/2029
Pierre Parlongue
Director16/11/2022 → 04/11/2029
Pierre Rion
Chairman of the board of directors16/11/2022 → 21/06/2029
Renaud Moens
Director16/11/2022 → 04/11/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Arnaud HERMESSE
Government commissioner22/11/2022 → 05/09/2024
Nicolas Pire
Government commissioner22/11/2022 → 05/09/2024

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/09/2026
    Démission d'un Administrateur
    PDF
  • Restructuring07/08/2026
    clôture de fusion - société absorbante
    PDF
  • Capital / shares12/05/2026
    CAPITAL, ACTIONS
    PDF
  • Restructuring08/05/2026
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates07/11/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/08/2025
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates31/03/2025
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings3 filings
Mandates
Jean Hilgers
Olivier Henin
Joyce Wieczorek
Christine Defraigne
Daniele Michele
Matthieu Possoz
Anne-Sophie Tandel
Lionel Blanchard
Damien De Vroey
Philippe Crevits
Pierre Rion
Caroline Decamps
20222023202420252026202720282029
Wallonie Entreprendre
Avenue Maurice-Destenay 13, 4000 Liège
Chairman of the board of directorsDirector
Vice-chairman of the board of directorsDirector
Director
Director
Director
Director
Director
Government commissioner
Government commissioner
Director
Chairman of the board of directors
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Avenue Maurice-Destenay 13, 4000 LiègeCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00297246

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Wallonie EntreprendreCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00297246

Events

  1. 23/04/2026
    augmentation_capital
  2. 2025
    Annual accounts 2025151,2 M €↓
  3. 11/04/2025
    nominationJean HILGERS · Président du Conseil d'Administration
  4. 11/04/2025
    nominationOlivier HENIN · Vice-Président du Conseil d'Administration
  5. 27/03/2025
    nominationPhilippe Buelen · C.E.O. de Wallonie Santé
  6. 12/02/2025
    nominationJean Hilgers · administrateur
  7. 2024
    Annual accounts 2024279,8 M €↑
  8. 20/06/2024
    augmentation_capital
  9. 2023
    Annual accounts 2023141,5 M €
  10. 01/07/2023
    nominationThierry Claessen · Directeur financier et responsable pour la trésorerie
  11. 15/06/2023
    augmentation_capital
  12. 08/05/2023
    nominationLoïc Sacré · Membre du Comité de Direction ou du Comité de Direction Etendu
  13. 22/11/2022
    nominationPierre RION · Président du Conseil d'Administration
  14. 22/11/2022
    nominationMarylise LEDOUBLE · Vice-Président du Conseil d'Administration
  15. 16/11/2022
    IncorporationPublic limited company
  16. 29/10/2022
    nominationOlivier VANDERUST · Président du Comité de direction