ACTIVE

ETHIQUABLE Benelux

Financial year 2025 · Closed on 31/12/2025

Net result
139,9 k €
+279,7 %over 1 year
Gross margin
909,8 k €
+21,0 %over 1 year
Equity
940,6 k €
+2,6 %over 1 year
Workforce
8,9 ETP
+9,9 %over 1 year

Identity

Source · BCE/KBO

ETHIQUABLE Benelux is a Cooperative society incorporated in 2009. Its registered office is in Namur. It employs on average 8,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0817.122.060
Incorporation
15/07/2009
Legal form
Cooperative society
Registered office
Rue de l'Economie(RH) 4 box 6
5020 Namur · WallonieSee on map
Contributed capital
693 200,00 €
Latest accounts
31/12/2025
Average workforce
8,9 ETP
Joint committees (2)
  • 119
  • 200
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 16 filings

Trend over 16 financial years

20252024202320222021
Income statement
Gross margin909,8 k €752 k €611,7 k €509,6 k €633,7 k €
EBITDA351,5 k €235,9 k €77,5 k €-9,7 k €217 k €
Operating result234,1 k €119,7 k €-18,9 k €-121 k €161,9 k €
Net result139,9 k €36,8 k €-97 k €-155,8 k €127,5 k €
Balance sheet
Equity940,6 k €916,6 k €934 k €1 M €1,2 M €
Total assets3,9 M €3,6 M €3,6 M €3,6 M €4,1 M €
Cash47,1 k €115,6 k €77,6 k €109,1 k €63,3 k €
Debts2,9 M €2,7 M €2,6 M €2,6 M €2,9 M €
Other
Workforce8,9 ETP8,1 ETP8,1 ETP9,3 ETP9,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

9 active · 37 ended

Active mandates

Christine Englebert

Director · since 09 octobre 2023 · until 09 octobre 2027

Active
Ethiquable SCOP

Director · since 09 octobre 2023 · until 09 octobre 2027

Represented by Stéphane Comar

Active
Fanny Jolly

Director · since 09 octobre 2023 · until 09 octobre 2027

Active
Mathieu Demare

Director · since 09 octobre 2023 · until 09 octobre 2027

Active
Patrice Scheepmans

Director · since 09 octobre 2023 · until 09 octobre 2027

Active
Sandrine Baert

Chairman of the board of directors · since 09 octobre 2023 · until 09 octobre 2027

Active
Stéphan Vincent

Director · since 09 octobre 2023 · until 09 octobre 2027

Active
Vincent De Grelle

Director · since 09 octobre 2023 · until 09 octobre 2027

Active
Dominique Evrard

Director · since 06 avril 2023 · until 06 avril 2027

Active

Ended mandates

Sandrine Baert

Director · since 09 octobre 2023 · until 09 octobre 2027

Ended
Stéphane Comar

Director · since 09 octobre 2023 · until 09 octobre 2027

Ended
Christine Englebert

Director · since 31 mars 2021 · until 31 mars 2025

Ended
Ethiquable SCOP

Director · since 31 mars 2021 · until 31 mars 2025

Represented by Stéphane Comar

Ended

Other companies at this address

Rue de l'Economie(RH) 4 5020 Namur

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date05/05/202629/04/202529/04/202408/05/202310/05/202216/06/2021
General meeting21/04/202609/04/202509/04/202406/04/202330/03/202231/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202521/04/202605/05/2026FrenchPDF
Abridged model31/12/202409/04/202529/04/2025FrenchPDF
Abridged model31/12/202309/04/202429/04/2024FrenchPDF
Abridged model31/12/202206/04/202308/05/2023FrenchPDF
Abridged model31/12/202130/03/202210/05/2022FrenchPDF
Abridged model31/12/202031/03/202116/06/2021FrenchPDF
Abridged model31/12/201919/06/202002/07/2020FrenchPDF
Abridged model31/12/201819/06/201904/07/2019FrenchPDF
Abridged model31/12/201713/06/201820/07/2018FrenchPDF
Abridged model31/12/201601/06/201711/07/2017FrenchPDF
Abridged model31/12/201525/03/201623/06/2016FrenchPDF
Abridged model31/12/201417/06/201531/08/2015FrenchPDF
Abridged model31/12/201311/06/201425/08/2014FrenchPDF
Abridged model31/12/201229/05/201325/06/2013FrenchPDF
Abridged model31/12/201125/05/201222/06/2012FrenchPDF
Abridged model31/12/201027/05/201106/07/2011FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

9 active · 37 ended

Active mandates

Christine Englebert

Director · since 09 octobre 2023 · until 09 octobre 2027

Active
Ethiquable SCOP

Director · since 09 octobre 2023 · until 09 octobre 2027

Represented by Stéphane Comar

Active
Fanny Jolly

Director · since 09 octobre 2023 · until 09 octobre 2027

Active
Mathieu Demare

Director · since 09 octobre 2023 · until 09 octobre 2027

Active
Patrice Scheepmans

Director · since 09 octobre 2023 · until 09 octobre 2027

Active
Sandrine Baert

Chairman of the board of directors · since 09 octobre 2023 · until 09 octobre 2027

Active
Stéphan Vincent

Director · since 09 octobre 2023 · until 09 octobre 2027

Active
Vincent De Grelle

Director · since 09 octobre 2023 · until 09 octobre 2027

Active
Dominique Evrard

Director · since 06 avril 2023 · until 06 avril 2027

Active

Ended mandates

Sandrine Baert

Director · since 09 octobre 2023 · until 09 octobre 2027

Ended
Stéphane Comar

Director · since 09 octobre 2023 · until 09 octobre 2027

Ended
Christine Englebert

Director · since 31 mars 2021 · until 31 mars 2025

Ended
Ethiquable SCOP

Director · since 31 mars 2021 · until 31 mars 2025

Represented by Stéphane Comar

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/10/2023
    DENOMINATION - SIEGE SOCIAL - OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates02/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/09/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/07/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/04/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/01/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/02/2013
    DEMISSIONS, NOMINATIONS
    PDF

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 2025139,9 k €
  2. 2024
    Annual accounts 202436,8 k €
  3. 2024
    Name changeETHIQUABLE Benelux
  4. 2023
    Annual accounts 2023-97 k €
  5. 2022
    Annual accounts 2022-155,8 k €
  6. 2021
    Annual accounts 2021127,5 k €
  7. 2021
    Name changeETHIQUABLE Benelux Fair Trade Fair Taste
  8. 2020
    Annual accounts 2020198,2 k €
  9. 2019
    Annual accounts 2019143,5 k €
  10. 2018
    Annual accounts 201830 k €
  11. 2017
    Annual accounts 2017-91,6 k €
  12. 2016
    Annual accounts 2016-90,2 k €
  13. 2015
    Annual accounts 201560 k €
  14. 2014
    Annual accounts 201495,9 k €
  15. 2013
    Annual accounts 201329,5 k €
  16. 2012
    Annual accounts 2012-11,9 k €
  17. 2011
    Annual accounts 2011-139,5 k €
  18. 2010
    Annual accounts 2010-18,3 k €
  19. 15/07/2009
    IncorporationCooperative society