ACTIVE

Matisse Belgique

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Financial year 2025 · Closed on 31/12/2025

Net result-283,4 k €-98,7 %over 1 year
Revenue2,1 M €+8,2 %over 1 year
Equity2,5 M €-10,2 %over 1 year

Identity

Source · BCE/KBO

Matisse Belgique is a Public limited company incorporated in 2012. Its main activity is: Production of electricity. Its registered office is in Auderghem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0849.298.841
Incorporation
04/10/2012
Legal form
Public limited company
Registered office
Avenue Herrmann-Debroux 40-42
1160 Auderghem · BruxellesSee on map
Contributed capital
2 311 500,00 €
Latest accounts
31/12/2025
Joint committees (3)
  • 200
  • 209
  • 218
Signals
Good liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 14 filings

Trend over 12 financial years

20252024202320222021
Income statement
Revenue2,1 M €2 M €2,6 M €2,4 M €2,2 M €
EBITDA940,8 k €1 M €1,8 M €1,8 M €1,3 M €
Operating result369,8 k €455,4 k €1,2 M €1,2 M €782,9 k €
Net result-283,4 k €-142,6 k €617,3 k €1,1 M €649,9 k €
Balance sheet
Equity2,5 M €2,8 M €2,9 M €2,3 M €1,2 M €
Total assets15,1 M €18,3 M €18,1 M €18,6 M €17,6 M €
Cash1,1 M €184 k €–––
Debts12,5 M €15,4 M €15,2 M €16,3 M €16,3 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

4 active · 24 ended

Active mandates

Matisse Holding SAS

Managing director · since 17 mars 2026 · 1026.016.510

Represented by Frédéric Payet

Active
Etienne Thomassin

Managing director · since 29 mars 2023 · until 10 septembre 2025

Active
Francisco Galvan Gonzalez

Director · since 29 mars 2023 · until 10 septembre 2025

Active
Pedro Araujo Vinagre

Director · since 29 mars 2023 · until 10 septembre 2025

Active

Ended mandates

Etienne Thomassin

Managing director · since 29 mars 2023 · until 30 juin 2029

Ended
Francisco Galvan Gonzalez

Director · since 29 mars 2023 · until 30 juin 2029

Ended
Pedro Araujo Vinagre

Director · since 29 mars 2023 · until 30 juin 2029

Ended
Daniel GARCIA SERRA

Managing director · since 23 septembre 2022 · until 29 mars 2023

Ended

Other companies at this address

Avenue Herrmann-Debroux 40-42 1160 Auderghem
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0791.861.874
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1005.373.128
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ARNOVE● Active
1018.053.107
ARTHEN PARTNERS● Active
1018.532.068
Association de frais GIBBIS● Active
0697.628.156
AXCEND● Active
1017.544.351
BePerFit● Active
1024.800.644
CCE & ASSOCIATES● Active
0798.526.764
CD LAW● Active
0732.525.291
CENSITIVE● Active
0644.631.019
DACIER & de BIASI● Active
0746.626.915
DDJ & PARTNERS● Active
0783.333.002
DE MOFFARTS & ASSOCIES● Active
0475.691.958
DIGINOVA SOLUTIONS● Active
1021.380.702
DigiTribe● Active
0679.584.275
DILIGENCIA CONSULT● Active
0827.822.843
E.L.C SOLUTIONS● Active
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FIDUCIAIRE DUPONT AND PARTNERS● Active
0660.902.372
GD TAX & ACCOUNT● Active
0665.700.310

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date09/07/202604/07/202516/07/202406/07/202310/11/202223/08/2021
General meeting30/06/202630/06/202528/06/202430/06/202317/10/202202/07/2021
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
Full model31/12/202530/06/202609/07/2026FrenchPDF
Full model31/12/202430/06/202504/07/2025FrenchPDF
Full model31/12/202328/06/202416/07/2024FrenchPDF
Full model31/12/202230/06/202306/07/2023FrenchPDF
Full model31/12/202117/10/202210/11/2022FrenchPDF
Full model31/12/202002/07/202123/08/2021FrenchPDF
Full model31/12/201910/06/202014/08/2020FrenchPDF
Full model31/12/201828/06/201908/07/2019FrenchPDF
Full model31/12/201725/07/201827/08/2018FrenchPDF
Full model31/12/201614/06/201714/07/2017FrenchPDF
Full model31/12/201529/08/201631/08/2016FrenchPDF
Full model31/12/201415/10/201508/12/2015FrenchPDF
Full model31/12/201327/08/201429/08/2014FrenchPDF
Full model31/12/201227/08/201429/08/2014FrenchPDF

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

4 active · 24 ended

Active mandates

Matisse Holding SAS

Managing director · since 17 mars 2026 · 1026.016.510

Represented by Frédéric Payet

Active
Etienne Thomassin

Managing director · since 29 mars 2023 · until 10 septembre 2025

Active
Francisco Galvan Gonzalez

Director · since 29 mars 2023 · until 10 septembre 2025

Active
Pedro Araujo Vinagre

Director · since 29 mars 2023 · until 10 septembre 2025

Active

Ended mandates

Etienne Thomassin

Managing director · since 29 mars 2023 · until 30 juin 2029

Ended
Francisco Galvan Gonzalez

Director · since 29 mars 2023 · until 30 juin 2029

Ended
Pedro Araujo Vinagre

Director · since 29 mars 2023 · until 30 juin 2029

Ended
Daniel GARCIA SERRA

Managing director · since 23 septembre 2022 · until 29 mars 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates02/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/10/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - SIEGE SOCIAL
    PDF
  • Mandates18/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/06/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/03/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION
    PDF
  • Mandates22/02/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/03/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/11/2021
    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 2025-283,4 k €↓
  2. 2025
    Name changeMatisse Belgique
  3. 2024
    Annual accounts 2024-142,6 k €↓
  4. 2023
    Annual accounts 2023617,3 k €↓
  5. 2022
    Annual accounts 20221,1 M €↑
  6. 2021
    Annual accounts 2021649,9 k €↑
  7. 2018
    Annual accounts 2018-170,7 k €↑
  8. 2017
    Annual accounts 2017-249,6 k €↓
  9. 2016
    Annual accounts 2016-176,8 k €↓
  10. 2015
    Annual accounts 2015-6,2 k €↑
  11. 2014
    Annual accounts 2014-560,9 k €↓
  12. 2013
    Annual accounts 2013-141,7 k €↓
  13. 2012
    Annual accounts 2012-20 k €
  14. 04/10/2012
    IncorporationPublic limited company
  15. 2012
    Name changeEDP RENEWABLES BELGIUM