Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ETUDES ET VALORISATION DES SITES from Ottignies-Louvain-la-Neuve, company number BE0416506023, closed financial year 2025 with a result of € -29,877 after tax. For that financial year ETUDES ET VALORISATION DES SITES recorded a gross margin of € -8,441 and equity of € 223,915. Compared with financial year 2024, the result moved from € -41,294 to € -29,877. The company made a loss. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 223,915
▲ € 220,123 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,877
▲ 28 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,224
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -88,085.
People and assets in 2025
0.5
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 15,106
▼ 14% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 1.6 million
▲ 114% vs 2024
Loans from banks and other lenders, long and short.
€ 10,256
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,955
▲ 240% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,820 | € 11,934 | € -10,062 | € -8,441 | ▲ € 1,621 |
| Profit after taxes | € -20,106 | € -26,361 | € -41,294 | € -29,877 | ▲ € 11,416 |
| Equity | € 71,446 | € 45,086 | € 3,792 | € 223,915 | ▲ € 220,123 |
| Total debts | € 247,388 | € 299,478 | € 775,148 | € 1,647,588 | ▲ 113% |
| Cash | - | - | - | € 2,224 | |
| Land & buildings | € 35,836 | € 35,836 | € 35,836 | € 35,836 | |
| Retained profit | € 9,446 | € -16,914 | € -58,208 | € -88,085 | ▼ € 29,877 |
| Bank debt | € 237,999 | € 280,856 | € 763,645 | € 1,632,377 | ▲ 114% |
| Balance sheet total | € 318,834 | € 344,564 | € 778,940 | € 1,871,503 | ▲ 140% |
| Employees (FTE) | 0.9 | 0.9 | 0.9 | 0.5 | ▼ 0.4 |
Key figures of ETUDES ET VALORISATION DES SITES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ETUDES ET VALORISATION DES SITES?
What happened at ETUDES ET VALORISATION DES SITES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frédéric De Visscher stepped down as director. NBB
- Damien Grégoire stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 29,877. Source: NBB ↗
- Frédéric De Visscher became a director. NBB
- Juan Murillo stepped down as director. NBB
- Damien Grégoire became a director. NBB
- Juan Murillo became a director. NBB
- New establishment in Ottignies-Louvain-la-Neuve. KBO
In short
From € 20,106 loss in 2022 to € 29,877 loss in 2025.
Paid € 20,196 in corporate taxes since 2022.
A new publication or filing at ETUDES ET VALORISATION DES SITES? We notify you, reason included.
Follow ETUDES ET VALORISATION DES SITESDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of CARMEUSE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ETUDES ET VALORISATION DES SITESThe shares are held by Carmeuse Europe SA (100%) and CARMEUSE (0.8%). It owns 0% of Carmeuse Holding, 0% of Carmeuse Slovakia and Société de Chaux El Hamma itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2025
Frédéric De Visscher
Director
since 2026 · until 2028
since 2025 · until 2028
Shareholders
100%
0.8%
Participations
Carmeuse Holding
0%
Carmeuse Slovakia
0%
Société de Chaux El Hamma
Establishments
Establishment units
Physical locations of this company
Boulevard de Lauzelle 65
1348 Ottignies-Louvain-la-Neuve
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →CARMEUSE RESEARCH AND TECHNOLOGY
€ 24.2 million revenue · 2025
Carfin same network
€ 300 revenue · 2025
CARMEUSE COORDINATION CENTER
€ 83.1 million revenue · 2025
Carmeuse America
Carmeuse America Holding
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0416.506.023
- VAT number
- BE 0416.506.023
- Registered office
- Boulevard de Lauzelle 65, 1348 Ottignies-Louvain-la-Neuve
- Names & denominations
- ETUDES ET VALORISATION DES SITES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 1976
- Peppol
- Active · Active since 19 Nov 2025
- Activities · NACE
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Technische studiën en ingenieursactiviteiten
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Beheer van overig onroerend goed