ACTIVE

EcoRCe, Economiser l'énergie, Respecter l'environnement, Certifier vos bâtiments

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Financial year 2025 · Closed on 31/12/2025

Net result7,2 k €-73,5 %over 1 year

Gross margin1,1 M €+6,7 %over 1 year

Equity335,3 k €-4,1 %over 1 year

Workforce12,3 ETP+0,8 %over 1 year

Identity

Source · BCE/KBO

EcoRCe, Economiser l'énergie, Respecter l'environnement, Certifier vos bâtiments is a Public limited company incorporated in 2005. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Liège. It employs on average 12,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0875.052.737
Incorporation: 13/07/2005
Legal form: Public limited company
Registered office: Rue de Fragnée 67A
4000 Liège · WallonieSee on map
Contributed capital: 148 748,66 €
Latest accounts: 31/12/2025
Average workforce: 12,3 ETP

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities 71209Technical testing and analysis 71209Technical testing and analysis 74302Translation and interpretation activities

Joint committees (3)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,1 M €	+6.7%	996,6 k €	-9.9%	1,1 M €	+22.9%	899,7 k €	+14.8%	783,8 k €
EBITDA	73,5 k €	-29.1%	103,6 k €	-46.2%	192,8 k €	-18.7%	237,2 k €	+77.4%	133,7 k €
Operating result	11,5 k €	-73.5%	43,4 k €	-67.3%	132,7 k €	-24.6%	176 k €	+145%	71,7 k €
Net result	7,2 k €	-73.5%	27,3 k €	-71.5%	95,7 k €	-32.7%	142,2 k €	+124%	63,6 k €
Balance sheet
Equity	335,3 k €	-4.1%	349,8 k €	+2.5%	341,3 k €	+23.7%	276 k €	+44.4%	191,1 k €
Total assets	1 M €	-5.1%	1,1 M €	-12.3%	1,3 M €	+2.9%	1,2 M €	+17.2%	1 M €
Cash	79,3 k €	-66.2%	234,3 k €	-24.5%	310,3 k €	+24.3%	249,6 k €	+138%	104,7 k €
Debts	711 k €	-5.6%	752,7 k €	-16.8%	904,4 k €	-3.9%	941,3 k €	+10.9%	848,6 k €
Other
Workforce	12,3 ETP	+0.8%	12,2 ETP	-3.9%	12,7 ETP	+19.8%	10,6 ETP	+5.0%	10,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Muriel Marie BRANDT	Managing director22/03/2016 → 08/06/2029Managersince 01/07/2005ended
coop'R0679.974.156Represented by Pierre WILLEM	Director13/09/2017 → 08/06/2029
David PLUNUS	Managing director22/03/2016 → 08/06/2029Managersince 15/06/2015ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Damien FRANZEN	Director12/06/2020 → 12/06/2026
NOSHAQ0426.624.509Represented by Frédéric DRIESSENS	Director12/06/2020 → 12/06/2026

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/07/2026	03/07/2025	10/07/2024	27/06/2023	13/06/2022	08/07/2021
General meeting	12/06/2026	20/06/2025	28/06/2024	09/06/2023	03/06/2022	11/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/06/2026	03/07/2026	French	PDF
Abridged modelCorrection	31/12/2024	20/06/2025	03/07/2025	French	PDF
Abridged model	31/12/2024	13/06/2025	02/07/2025	French	PDF
Abridged model	31/12/2023	28/06/2024	10/07/2024	French	PDF
Abridged model	31/12/2022	09/06/2023	27/06/2023	French	PDF
Abridged model	31/12/2021	03/06/2022	13/06/2022	French	PDF
Abridged model	31/12/2020	11/06/2021	08/07/2021	French	PDF
Abridged model	31/12/2019	12/06/2020	09/09/2020	French	PDF
Abridged model	31/12/2018	10/05/2019	17/05/2019	French	PDF
Abridged model	31/12/2017	08/06/2018	02/07/2018	French	PDF
Abridged model	31/12/2016	09/06/2017	31/07/2017	French	PDF
Abridged model	31/12/2015	10/06/2016	23/06/2016	French	PDF
Abridged model	31/12/2014	12/06/2015	18/06/2015	French	PDF
Abridged model	31/12/2013	13/06/2014	25/06/2014	French	PDF
Abridged model	31/12/2012	14/06/2013	25/06/2013	French	PDF
Abridged model	31/12/2011	08/06/2012	12/06/2012	French	PDF
Abridged model	31/12/2010	10/06/2011	27/07/2011	French	PDF
Abridged model	31/12/2009	11/06/2010	16/06/2010	French	PDF
Abridged model	31/12/2008	12/06/2009	01/07/2009	French	PDF
Abridged model	31/12/2007	13/06/2008	30/07/2008	French	PDF
Abridged model	31/12/2006	08/06/2007	06/08/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Muriel Marie BRANDT	Managing director22/03/2016 → 08/06/2029Managersince 01/07/2005ended
coop'R0679.974.156Represented by Pierre WILLEM	Director13/09/2017 → 08/06/2029
David PLUNUS	Managing director22/03/2016 → 08/06/2029Managersince 15/06/2015ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Damien FRANZEN	Director12/06/2020 → 12/06/2026
NOSHAQ0426.624.509Represented by Frédéric DRIESSENS	Director12/06/2020 → 12/06/2026

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates21/05/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates07/12/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates13/11/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates25/01/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates28/09/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates22/06/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates20/09/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates29/09/2017
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

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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

Filings20 filings

Mandates

Muriel Marie BRANDT

coop'R

David PLUNUS

NOSHAQ

Damien FRANZEN

Olivier HENZ

Eddy Wertz

2005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

EcoRCeEcoRCe, Economiser l'énergie, Respecter l'environnement, Certifier vos bâtiments

Rue de Fragnée 67 bte a, 4000 Liège

Managing director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de Fragnée 67A, 4000 LiègeCurrent		CBE
Rue de Fragnée 67 bte a, 4000 Liège	accounts 2021 → 2025	Accounts 2025 · 2026-00247169

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
EcoRCe, Economiser l'énergie, Respecter l'environnement, Certifier vos bâtimentsCurrent		CBE
EcoRCe	accounts 2021 → 2025	Accounts 2025 · 2026-00247169
EcoRCe, Economiser l'énergie, Respecter l'environnement, Certifier vos bâtiments	accounts 2006 → 2020	Accounts 2020 · 2021-33100304

Events

2025
Annual accounts 20257,2 k €↓
2024
Annual accounts 202427,3 k €↓
2023
Annual accounts 202395,7 k €↓
2022
Annual accounts 2022142,2 k €↑
2021
Annual accounts 202163,6 k €↑
2021
Name changeEcoRCe
2020
Annual accounts 20209,6 k €↑
2019
Annual accounts 2019-14,7 k €↓
2018
Annual accounts 201822,9 k €↑
2017
Annual accounts 201722,6 k €↑
2016
Annual accounts 2016-157,4 k €↓
2015
Annual accounts 201515,7 k €↓
2014
Annual accounts 201421,5 k €↓
2013
Annual accounts 201327,4 k €↑
2012
Annual accounts 20125,8 k €↓
2011
Annual accounts 201126,6 k €↓
2010
Annual accounts 201027,9 k €↑
2009
Annual accounts 200912,7 k €↓
2008
Annual accounts 200828,3 k €↑
2007
Annual accounts 200712,2 k €↑
2006
Annual accounts 2006466,6 €
13/07/2005
IncorporationPublic limited company

EcoRCe, Economiser l'énergie, Respecter l'environnement, Certifier vos bâtiments

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events