ACTIVE

REGIE COMMUNALE AUTONOME ERIGES

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Financial year 2025 · Closed on 31/12/2025

Net result-1,1 M €-3,3 %over 1 year

Revenue176 k €-15,5 %over 1 year

Equity5,5 M €+20,1 %over 1 year

Workforce12,4 ETP-6,8 %over 1 year

Identity

Source · BCE/KBO

REGIE COMMUNALE AUTONOME ERIGES is a Autonomous municipal company incorporated in 2005. Its registered office is in Seraing. It employs on average 12,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0882.364.359
Incorporation: 14/11/2005
Legal form: Autonomous municipal company
Registered office: Rue Cockerill 40 box 41
4100 Seraing · WallonieSee on map
Contributed capital: 14 333 275,00 €
Latest accounts: 31/12/2025
Average workforce: 12,4 ETP

Joint committees (1)

Contacts

2 public details availableLog in to view

Signals

Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	176 k €	-15.5%	208,2 k €	+16.2%	179,2 k €	-74.9%	713,8 k €	+380%	148,7 k €
EBITDA	-966,4 k €	+3.0%	-996,4 k €	-12.7%	-884,3 k €	-2780%	33 k €	+104%	-753,4 k €
Operating result	-1,2 M €	-2.4%	-1,2 M €	-5.4%	-1,1 M €	-405%	-224,4 k €	+76.8%	-967,6 k €
Net result	-1,1 M €	-3.3%	-1,1 M €	-5.0%	-1 M €	-706%	-126,8 k €	+84.9%	-842,5 k €
Balance sheet
Equity	5,5 M €	+20.1%	4,6 M €	+3.3%	4,5 M €	+0.1%	4,4 M €	+16.6%	3,8 M €
Total assets	6,6 M €	+31.4%	5 M €	-0.9%	5 M €	-1.9%	5,1 M €	+8.9%	4,7 M €
Cash	240,7 k €	-12.9%	276,4 k €	+13.2%	244,2 k €	-50.0%	488,3 k €	+134%	208,4 k €
Debts	519 k €	+31.6%	394,3 k €	-26.1%	533,5 k €	-13.0%	613,2 k €	-22.8%	794,3 k €
Other
Workforce	12,4 ETP	-6.8%	13,3 ETP	-1.5%	13,5 ETP	+22.7%	11,0 ETP	+19.6%	9,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

9 active · 103 ended

Active mandates

Alain DECERF

Mandate

Active

Daniel LIMBIOUL

Mandate

Active

Deborah GERADON

Mandate

Active

ETHIAS

Mandate · 0404.484.654

Represented by MARCEL PETRY

Active

FGTB BRUXELLES SERVICE SYNDICAL

Mandate · 0850.796.007

Represented by JEAN LOUIS LALLEMAND

Active

NOSHAQ

Mandate · 0426.624.509

Represented by Lucie GERARDY

Active

Robert ROUZEEUW

Mandate

Active

Sarah SCIARRABBA

Mandate

Active

Union des Classes Moyennes National

Mandate · 0409.574.976

Represented by Rodolphe GAMBINI

Active

Ended mandates

Alain ONKELINX

Director · since 17 décembre 2018

Ended

Daniel LIMBIOUL

Director · since 17 décembre 2018

Ended

Déborah GERADON

Vice-chairman of the board of directors · since 17 décembre 2018

Ended

ETHIAS

Director · since 17 décembre 2018 · 0404.484.654

Represented by MARCEL PETRY

Ended

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	01/07/2026	19/06/2025	02/07/2024	04/07/2023	11/07/2022	24/06/2021
General meeting	15/06/2026	16/06/2025	17/06/2024	12/06/2023	13/06/2022	14/06/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/06/2026	01/07/2026	French	PDF
Abridged model	31/12/2024	16/06/2025	19/06/2025	French	PDF
Abridged model	31/12/2023	17/06/2024	02/07/2024	French	PDF
Abridged model	31/12/2022	12/06/2023	04/07/2023	French	PDF
Abridged model	31/12/2021	13/06/2022	11/07/2022	French	PDF
Abridged model	31/12/2020	14/06/2021	24/06/2021	French	PDF
Abridged model	31/12/2019	17/06/2020	29/06/2020	French	PDF
Abridged modelCorrection	31/12/2018	17/06/2019	30/08/2019	French	PDF
Abridged model	31/12/2018	17/06/2019	10/07/2019	French	PDF
Abridged model	31/12/2017	19/06/2018	21/06/2018	French	PDF
Abridged model	31/12/2016	19/06/2017	12/09/2017	French	PDF
Full model	31/12/2015	14/06/2016	29/06/2016	French	PDF
Full model	31/12/2014	08/05/2015	02/06/2015	French	PDF
Full model	31/12/2013	09/05/2014	27/06/2014	French	PDF
Full model	31/12/2012	10/06/2013	25/11/2013	French	PDF
Full model	31/12/2011	04/06/2012	27/07/2012	French	PDF
Full model	31/12/2010	20/06/2011	08/07/2011	French	PDF
Full model	31/12/2009	21/06/2010	24/06/2010	French	PDF
Full model	31/12/2008	15/06/2009	30/06/2009	French	PDF
Full model	31/12/2007	23/06/2008	10/07/2008	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

9 active · 103 ended

Active mandates

Alain DECERF

Mandate

Active

Daniel LIMBIOUL

Mandate

Active

Deborah GERADON

Mandate

Active

ETHIAS

Mandate · 0404.484.654

Represented by MARCEL PETRY

Active

FGTB BRUXELLES SERVICE SYNDICAL

Mandate · 0850.796.007

Represented by JEAN LOUIS LALLEMAND

Active

NOSHAQ

Mandate · 0426.624.509

Represented by Lucie GERARDY

Active

Robert ROUZEEUW

Mandate

Active

Sarah SCIARRABBA

Mandate

Active

Union des Classes Moyennes National

Mandate · 0409.574.976

Represented by Rodolphe GAMBINI

Active

Ended mandates

Alain ONKELINX

Director · since 17 décembre 2018

Ended

Daniel LIMBIOUL

Director · since 17 décembre 2018

Ended

Déborah GERADON

Vice-chairman of the board of directors · since 17 décembre 2018

Ended

ETHIAS

Director · since 17 décembre 2018 · 0404.484.654

Represented by MARCEL PETRY

Ended

Ownership and network

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Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 2025-1,1 M €↓
2024
Annual accounts 2024-1,1 M €↓
2023
Annual accounts 2023-1 M €↓
2022
Annual accounts 2022-126,8 k €↑
2021
Annual accounts 2021-842,5 k €↓
2021
Name changeREGIE COMMUNALE AUTONOME ERIGES
2020
Annual accounts 2020-751,2 k €↑
2019
Annual accounts 2019-754,5 k €↑
2018
Annual accounts 2018-830,7 k €↑
2017
Annual accounts 2017-836,8 k €↑
2016
Annual accounts 2016-854,5 k €↓
2015
Annual accounts 2015-772,5 k €↓
2014
Annual accounts 2014-630,5 k €↓
2013
Annual accounts 2013-23,5 k €↑
2012
Annual accounts 2012-35,4 k €↓
2011
Annual accounts 2011-4,2 k €↓
2010
Annual accounts 201045 k €↑
2009
Annual accounts 200939 k €↑
2008
Annual accounts 2008-11,3 k €↓
2007
Annual accounts 2007-5,5 k €
2007
Name changeREGIE COMMUNALE AUTONOME
14/11/2005
IncorporationAutonomous municipal company

REGIE COMMUNALE AUTONOME ERIGES

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

Similar companies

Similar companies

Timeline

Timeline