ACTIVE

Ecetia Real Estate

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Financial year 2025 · Closed on 31/12/2025

Net result-61,5 k €-145,1 %over 1 year
Revenue804,1 k €+89,5 %over 1 year
Equity1,4 M €-5,9 %over 1 year

Identity

Source · BCE/KBO

Ecetia Real Estate is a Public limited company incorporated in 2012. Its main activity is: Development of building projects. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0847.025.180
Incorporation
02/07/2012
Legal form
Public limited company
Registered office
Rue du Vertbois 11
4000 Liège · WallonieSee on map
Contributed capital
768 750,00 €
Latest accounts
31/12/2025
Contacts
2 public details availableLog in to view
Signals
Good liquidityPositive EBITDA

Financials

Source · NBB, 14 filings

Trend over 14 financial years

20252024202320222021
Income statement
Revenue804,1 k €424,3 k €–––
EBITDA646,8 k €183,5 k €44,8 k €39,6 k €24,6 k €
Operating result613,5 k €150,2 k €11,5 k €6,3 k €-8,7 k €
Net result-61,5 k €136,4 k €35,4 k €52,6 k €15,3 k €
Balance sheet
Equity1,4 M €1,5 M €1,4 M €1,5 M €1,5 M €
Total assets25,6 M €27,2 M €23,7 M €19,2 M €13,4 M €
Cash742,6 k €831,5 k €654,1 k €524,8 k €98,1 k €
Debts22,8 M €24,3 M €22 M €17,4 M €11,6 M €
Other
Workforce–––––

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

6 active · 72 ended

Active mandates

Bertrand Demonceau

Director · since 24 juin 2025 · until 24 juin 2031

Active
Caroline Deschamps

Director · since 24 juin 2025 · until 24 juin 2031

Active
Christophe Demoulin

Vice-chairman of the board of directors · since 24 juin 2025 · until 24 juin 2031

Active
Henri Christophe

Director · since 24 juin 2025 · until 24 juin 2031

Active
Stéphane Ochendzan

Chairman of the board of directors · since 24 juin 2025 · until 24 juin 2031

Active
Shaljani Jonida

Director · since 14 janvier 2025 · until 24 juin 2025

Active

Ended mandates

Shaljani Jonida

Director · since 14 janvier 2025 · until 25 juin 2025

Ended
Stéphane Ochendzan

Chairman of the board of directors · since 14 janvier 2025 · until 25 juin 2025

Ended
Franco Ianieri

Chairman of the board of directors · since 01 juillet 2022 · until 03 décembre 2024

Ended
Franco Ianieri

Chairman of the board of directors · since 01 juillet 2022 · until 15 mai 2025

Ended

Other companies at this address

Rue du Vertbois 11 4000 Liège
CompanyCBE no.
BROCKAERT Comptabilité SCS● Active
0687.731.087
ECETIA FINANCES● Active
0203.978.726
ECETIA INTERCOMMUNALE● Active
0227.486.477
EolSPI● Active
0798.649.203
G.S.● Active
0829.982.973
LIEGE ON LINE● Active
0461.688.524
Maison de l'Urbanité● Active
0445.478.339
SOCIETE DE DEVELOPPEMENT DE LIEGE GUILLEMINS● Active
0450.994.372
SOCIETE DE RENOVATION ET D'ASSAINISSEMENT DES SITES INDUSTRIELS● Active
0435.532.572
SOCIETE LIEGEOISE DE GESTION FONCIERE● Active
0873.260.316
SPI● Active
0204.259.135
T4T● Active
0799.844.974
Unité Ecetia● Active
0777.981.075

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 date01/07/202623/10/202509/07/202428/06/202304/07/202213/07/2021
General meeting23/06/202624/06/202525/06/202427/06/202328/06/202222/06/2021
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, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202523/06/202601/07/2026FrenchPDF
Abridged model31/12/202424/06/202523/10/2025FrenchPDF
Abridged model31/12/202325/06/202409/07/2024FrenchPDF
Abridged model31/12/202227/06/202328/06/2023FrenchPDF
Abridged model31/12/202128/06/202204/07/2022FrenchPDF
Abridged model31/12/202022/06/202113/07/2021FrenchPDF
Abridged model31/12/201923/06/202022/07/2020FrenchPDF
Abridged model31/12/201816/05/201913/06/2019FrenchPDF
Abridged model31/12/201726/06/201817/07/2018FrenchPDF
Full model31/12/201619/12/201711/01/2018FrenchPDF
Full model31/12/201528/06/201614/07/2016FrenchPDF
Full model31/12/201423/06/201510/07/2015FrenchPDF
Full model31/12/201324/06/201411/07/2014FrenchPDF
Full model31/12/201225/06/201304/07/2013FrenchPDF

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

6 active · 72 ended

Active mandates

Bertrand Demonceau

Director · since 24 juin 2025 · until 24 juin 2031

Active
Caroline Deschamps

Director · since 24 juin 2025 · until 24 juin 2031

Active
Christophe Demoulin

Vice-chairman of the board of directors · since 24 juin 2025 · until 24 juin 2031

Active
Henri Christophe

Director · since 24 juin 2025 · until 24 juin 2031

Active
Stéphane Ochendzan

Chairman of the board of directors · since 24 juin 2025 · until 24 juin 2031

Active
Shaljani Jonida

Director · since 14 janvier 2025 · until 24 juin 2025

Active

Ended mandates

Shaljani Jonida

Director · since 14 janvier 2025 · until 25 juin 2025

Ended
Stéphane Ochendzan

Chairman of the board of directors · since 14 janvier 2025 · until 25 juin 2025

Ended
Franco Ianieri

Chairman of the board of directors · since 01 juillet 2022 · until 03 décembre 2024

Ended
Franco Ianieri

Chairman of the board of directors · since 01 juillet 2022 · until 15 mai 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office09/02/2026
    SIEGE SOCIAL
    PDF
  • Mandates30/01/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/09/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/05/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/06/2019
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Other16/07/2018
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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 2025-61,5 k €↓
  2. 2024
    Annual accounts 2024136,4 k €↑
  3. 2023
    Annual accounts 202335,4 k €↓
  4. 2022
    Annual accounts 202252,6 k €↑
  5. 2021
    Annual accounts 202115,3 k €↑
  6. 2020
    Annual accounts 202011 k €↓
  7. 2019
    Annual accounts 201922,7 k €↑
  8. 2018
    Annual accounts 2018-4,4 k €↑
  9. 2017
    Annual accounts 2017-15,1 k €↑
  10. 2016
    Annual accounts 2016-29,9 k €↓
  11. 2015
    Annual accounts 2015-15,2 k €↓
  12. 2014
    Annual accounts 2014-1,3 k €↓
  13. 2013
    Annual accounts 20137,4 k €↑
  14. 2012
    Annual accounts 2012-1,8 k €
  15. 02/07/2012
    IncorporationPublic limited company