ACTIVE

ETIBEL INTERNATIONAL

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Financial year 2025 · Closed on 31/12/2025

Net result16,2 k €+211,1 %over 1 year
Equity1,8 M €+0,9 %over 1 year

Identity

Source · BCE/KBO

ETIBEL INTERNATIONAL is a Public limited company incorporated in 2006. Its registered office is in Waterloo.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0880.493.348
Incorporation
05/04/2006
Legal form
Public limited company
Registered office
Avenue des Sorbiers 3
1410 Waterloo · WallonieSee on map
Contributed capital
62 500,00 €
Latest accounts
31/12/2025
Joint committees (2)
  • 140
  • 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue–––––
EBITDA-7,6 k €-4,2 k €-7,6 k €-250,3 k €65,3 k €
Operating result-7,6 k €-4,2 k €-7,6 k €-2,4 k €665,3 k €
Net result16,2 k €5,2 k €-265,7 €62,6 €495,6 k €
Balance sheet
Equity1,8 M €1,8 M €1,8 M €1,8 M €1,8 M €
Total assets1,8 M €1,8 M €1,8 M €2 M €2,2 M €
Cash179,3 k €131,5 k €23,6 k €5,9 k €4,5 k €
Debts1,3 k €1,3 k €2 k €225,3 k €405 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 20 ended

Active mandates

LCS MANAGEMENT

Managing director · since 26 mars 2021 · 0503.891.442

Active

Ended mandates

Crina Iftimia

Managing director · since 27 avril 2020 · until 25 mars 2021

Ended
Pascal Leurquin

Managing director · since 17 avril 2018 · until 26 avril 2020

Ended
Pascal Leurquin

Managing director · since 17 avril 2018 · until 17 avril 2021

Ended
Crina Iftimia

Director · since 19 avril 2016 · until 25 mars 2021

Ended

Other companies at this address

Avenue des Sorbiers 3 1410 Waterloo
CompanyCBE no.
EXPERT INVEST● Active
0648.703.633
FK IMMO● Active
0818.459.373
LCS MANAGEMENT● Active
0503.891.442
LEURKIES● Active
0747.897.912
LEURKY● Active
0464.456.685

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 date29/06/202623/06/202527/06/202422/06/202327/06/202203/06/2021
General meeting28/04/202629/04/202530/04/202418/04/202319/04/202220/04/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202528/04/202629/06/2026FrenchPDF
Full model31/12/202429/04/202523/06/2025FrenchPDF
Full model31/12/202330/04/202427/06/2024FrenchPDF
Full model31/12/202218/04/202322/06/2023FrenchPDF
Full model31/12/202119/04/202227/06/2022FrenchPDF
Full model31/12/202020/04/202103/06/2021FrenchPDF
Full model31/12/201921/04/202029/06/2020FrenchPDF
Full model31/12/201823/04/201927/06/2019FrenchPDF
Full model31/12/201717/04/201810/07/2018FrenchPDF
Full model31/12/201618/04/201704/07/2017FrenchPDF
Full model31/12/201519/04/201626/07/2016FrenchPDF
Full model31/12/201421/04/201501/07/2015FrenchPDF
Full model31/12/201322/04/201425/06/2014FrenchPDF
Full model31/12/201223/04/201327/05/2013FrenchPDF
Full model31/12/201124/04/201201/06/2012FrenchPDF
Full model31/12/201019/04/201122/06/2011FrenchPDF
Full model31/12/200920/04/201028/05/2010FrenchPDF
Full model31/12/200821/04/200904/06/2009FrenchPDF
Full model31/12/200722/04/200815/05/2008FrenchPDF
Full model31/12/200617/04/200710/05/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

1 active · 20 ended

Active mandates

LCS MANAGEMENT

Managing director · since 26 mars 2021 · 0503.891.442

Active

Ended mandates

Crina Iftimia

Managing director · since 27 avril 2020 · until 25 mars 2021

Ended
Pascal Leurquin

Managing director · since 17 avril 2018 · until 26 avril 2020

Ended
Pascal Leurquin

Managing director · since 17 avril 2018 · until 17 avril 2021

Ended
Crina Iftimia

Director · since 19 avril 2016 · until 25 mars 2021

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other15/03/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates27/04/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/04/2021
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/07/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office21/11/2019
    SIEGE SOCIAL
    PDF
  • Mandates24/01/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/08/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/12/2016
    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 202516,2 k €↑
  2. 2024
    Annual accounts 20245,2 k €↑
  3. 2023
    Annual accounts 2023-265,7 €↓
  4. 2022
    Annual accounts 202262,6 €↓
  5. 2021
    Annual accounts 2021495,6 k €↑
  6. 2020
    Annual accounts 2020-62,7 k €↓
  7. 2019
    Annual accounts 2019376,2 k €↓
  8. 2018
    Annual accounts 2018380,2 k €↑
  9. 2017
    Annual accounts 2017103 k €↓
  10. 2016
    Annual accounts 2016160,5 k €↓
  11. 2015
    Annual accounts 2015251,6 k €↑
  12. 2014
    Annual accounts 201453,9 k €↑
  13. 2013
    Annual accounts 2013-24,8 k €↑
  14. 2012
    Annual accounts 2012-75,3 k €↓
  15. 2011
    Annual accounts 201110,6 k €↓
  16. 2010
    Annual accounts 2010112,6 k €↑
  17. 2009
    Annual accounts 20094 k €↓
  18. 2008
    Annual accounts 200819,8 k €↑
  19. 2007
    Annual accounts 2007-613,8 k €↓
  20. 2006
    Annual accounts 2006-237,9 k €
  21. 05/04/2006
    IncorporationPublic limited company