What does ENSIVAL - MORET Belgium do?

ENSIVAL - MORET Belgium is a machinery manufacturer in Thimister-Clermont. Public Limited, started on 26 November 1999, 3 establishments.

What is the address of ENSIVAL - MORET Belgium?

The registered office of ENSIVAL - MORET Belgium is located at Bois la Dame 4, 4890 Thimister-Clermont.

Is ENSIVAL - MORET Belgium still active?

Yes. According to the CBE (29 October 2026) ENSIVAL - MORET Belgium is active, legal situation “Normale toestand”, started on 26 November 1999.

Is ENSIVAL - MORET Belgium registered on Peppol?

Yes, ENSIVAL - MORET Belgium is registered on the Peppol network with ID 0208:0467613838.

What is the enterprise number of ENSIVAL - MORET Belgium?

The enterprise number of ENSIVAL - MORET Belgium is BE0467613838.

When was ENSIVAL - MORET Belgium founded?

ENSIVAL - MORET Belgium was founded on 26 November 1999.

Who are the directors of ENSIVAL - MORET Belgium?

According to the 2025 annual accounts, the directors of ENSIVAL - MORET Belgium are: Stephan Schaerer, Veli-Pekka Tittanen, Pierre Van Brussel, Sebastiano Zumbino, Jonathan Lloyd.

Is ENSIVAL - MORET Belgium a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 November 1999; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account; 3 establishments in the CBE.

How much profit did ENSIVAL - MORET Belgium make in 2025?

ENSIVAL - MORET Belgium recorded a loss after taxes of € 715,093 in financial year 2025.

What is the revenue of ENSIVAL - MORET Belgium?

In its most recent annual accounts (2025), ENSIVAL - MORET Belgium reported revenue of € 7,813,450.

How much does an employee at ENSIVAL - MORET Belgium earn?

The average wage cost per full-time employee at ENSIVAL - MORET Belgium was € 109,200 in 2025: staff costs of € 5.6 million for 51.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ENSIVAL - MORET Belgium have?

According to the 2025 annual accounts, ENSIVAL - MORET Belgium has 51.2 full-time equivalents (FTE).

ENSIVAL - MORET Belgium (Public Limited)

Dossier ENSIVAL - MORET Belgium, printed on 29 October 2026 from databakkes.be/en/0467613838/ensival-moret-belgium. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Figures corrected NBB

Corrected annual account filed for 2022.

Financials

Financial year 2025

ENSIVAL - MORET Belgium from Thimister-Clermont, company number BE0467613838, closed financial year 2025 with a result of € -715,093 after tax. For that financial year ENSIVAL - MORET Belgium recorded revenue of € 7.8 million and equity of € -28.8 million. Compared with financial year 2024, the result moved from € 85,270 to € -715,093. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.

What it is worth Caution

€ -28.8 million

▼ € 715,093 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -715,093

▼ still € 85,270 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 508,363

▲ € 496,295 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -36.2 million.

People and assets in 2025

Full-time equivalents

51.2

▲ 0.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 5.6 million

▲ 8% vs 2024

€ 109,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 69,443

▼ 41% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 20 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 799,106

▼ 8% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 32 days on average.

Taxes and wages

€ 960,583

▼ 28% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 11,522,094 Revenue 2022: € 11,522,094 First fiscal year in the series	€ 7,746,759 Revenue 2023: € 7,746,759 ▼ 33% vs 2022 (€ 11,522,094) Unfavourable step	€ 8,468,819 Revenue 2024: € 8,468,819 ▲ 9% vs 2023 (€ 7,746,759) Favourable step	€ 7,813,450 Revenue 2025: € 7,813,450 ▼ 8% vs 2024 (€ 8,468,819) Unfavourable step	▼ 8%
Profit after taxes	€ 1,340,830 Profit after taxes 2022: € 1,340,830 First fiscal year in the series	€ -154,907 Profit after taxes 2023: € -154,907 ▼ € 1.5 million vs 2022 (€ 1,340,830) Unfavourable step	€ 85,270 Profit after taxes 2024: € 85,270 ▲ € 240,178 vs 2023 (€ -154,907) Favourable step	€ -715,093 Profit after taxes 2025: € -715,093 ▼ € 800,363 vs 2024 (€ 85,270) Unfavourable step	▼ € 800,363
Equity	€ -28,993,551 Equity 2022: € -28,993,551 First fiscal year in the series	€ -28,171,901 Equity 2023: € -28,171,901 ▲ € 821,650 vs 2022 (€ -28,993,551) Favourable step	€ -28,086,631 Equity 2024: € -28,086,631 Unchanged (€ -28,171,901) Favourable step	€ -28,801,724 Equity 2025: € -28,801,724 ▼ € 715,093 vs 2024 (€ -28,086,631) Unfavourable step	▼ € 715,093
Total debts	€ 34,414,781 Total debts 2022: € 34,414,781 First fiscal year in the series	€ 30,823,596 Total debts 2023: € 30,823,596 ▼ 10% vs 2022 (€ 34,414,781) Favourable step	€ 30,523,925 Total debts 2024: € 30,523,925 ▼ 1% vs 2023 (€ 30,823,596) Favourable step	€ 33,007,641 Total debts 2025: € 33,007,641 ▲ 8% vs 2024 (€ 30,523,925) Unfavourable step	▲ 8%
Cash	€ 72,595 Cash 2022: € 72,595 First fiscal year in the series	€ 7,603 Cash 2023: € 7,603 ▼ 90% vs 2022 (€ 72,595) Unfavourable step	€ 12,068 Cash 2024: € 12,068 ▲ 59% vs 2023 (€ 7,603) Favourable step	€ 508,363 Cash 2025: € 508,363 ▲ € 496,295 vs 2024 (€ 12,068) Favourable step	▲ € 496,295
Retained profit	€ -36,393,551 Retained profit 2022: € -36,393,551 First fiscal year in the series	€ -35,571,901 Retained profit 2023: € -35,571,901 ▲ € 821,650 vs 2022 (€ -36,393,551) Favourable step	€ -35,486,631 Retained profit 2024: € -35,486,631 Unchanged (€ -35,571,901) Favourable step	€ -36,201,724 Retained profit 2025: € -36,201,724 ▼ € 715,093 vs 2024 (€ -35,486,631) Unfavourable step	▼ € 715,093
Bank debt	€ 20,015,552 Bank debt 2022: € 20,015,552 First fiscal year in the series	€ 20,000,000 Bank debt 2023: € 20,000,000 Unchanged (€ 20,015,552) Favourable step	€ 20,000,000 Bank debt 2024: € 20,000,000 Unchanged (€ 20,000,000) Unchanged	€ 20,000,000 Bank debt 2025: € 20,000,000 Unchanged (€ 20,000,000) Unchanged
Balance sheet total	€ 9,821,892 Balance sheet total 2022: € 9,821,892 First fiscal year in the series	€ 4,828,752 Balance sheet total 2023: € 4,828,752 ▼ 51% vs 2022 (€ 9,821,892) Unchanged	€ 3,651,678 Balance sheet total 2024: € 3,651,678 ▼ 24% vs 2023 (€ 4,828,752) Unchanged	€ 4,838,408 Balance sheet total 2025: € 4,838,408 ▲ 32% vs 2024 (€ 3,651,678) Unchanged	▲ 32%
Employees (FTE)	61.2 Employees (FTE) 2022: 61.2 First fiscal year in the series	50.4 Employees (FTE) 2023: 50.4 ▼ 10.8 vs 2022 (61.2) Unchanged	50.4 Employees (FTE) 2024: 50.4 Unchanged (50.4) Unchanged	51.2 Employees (FTE) 2025: 51.2 ▲ 0.8 vs 2024 (50.4) Unchanged	▲ 0.8

Key figures of ENSIVAL - MORET Belgium, 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 ENSIVAL - MORET Belgium?

What happened at ENSIVAL - MORET Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 Veli-Pekka Tittanen stepped down as director. NBB
2031 Pierre Van Brussel stepped down as director. NBB
2031 Sebastiano Zumbino stepped down as director. NBB
Jul 13, 2026 New annual accounts for financial year 2025: loss of € 715,093 (▼ € 800,363 vs 2024). Source: NBB ↗
2025 Stephan Schaerer stepped down as director. NBB
2025 Veli-Pekka Tittanen became a director. NBB
2025 Sebastiano Zumbino became a director. NBB
2025 Jonathan Lloyd stepped down as director. NBB

In short

From € 1.3 million profit in 2022 to € 715,093 loss in 2025.

Paid € 451,213 in corporate taxes since 2022.

Best year ever: 2022, with € 1.3 million profit.

Pays suppliers within 32 days on average.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Stephan Schaerer

Director

Also active at: ENSIVAL-MORET INTERNATIONAL

since 2022 · until 2025

Veli-Pekka Tittanen

Director

Also active at: ENSIVAL-MORET INTERNATIONAL

since 2025 · until 2031

Pierre Van Brussel

Managing director

Also active at: SULZER PUMPS WASTEWATER BELGIUM, ENSIVAL-MORET INTERNATIONAL

since 2025 · until 2031

Sebastiano Zumbino

Director

Also active at: SULZER PUMPS WASTEWATER BELGIUM, ENSIVAL-MORET INTERNATIONAL

since 2025 · until 2031

Jonathan Lloyd

Director

Also active at: ENSIVAL-MORET INTERNATIONAL

since 2022 · until 2025

Establishments

Establishment units

Physical locations of this company

Registered office

Bois la Dame 4

4890 Thimister-Clermont

2.241.321.491

Rue Hodister 71

4860 Pepinster

Active since 1 January 2014

2.241.321.788

Rue Biolley 7B

4800 Verviers

Active since 1 January 2014

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.

All companies at this address →

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+2 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

0467.613.838

VAT number

BE 0467.613.838

Registered office

Bois la Dame 4, 4890 Thimister-Clermont

Names & denominations

ENSIVAL - MORET Belgium

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

26 November 1999

Peppol

Active · Active since 28 May 2026

Activities · NACE

Vervaardiging van andere pompen en compressoren

Vervaardiging van pompen en compressoren

Vervaardiging van hydraulische en pneumatische apparatuur

View on CBE Public ↗ Annual accounts (NBB) ↗

ENSIVAL - MORET Belgium

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Financials

What happened to ENSIVAL - MORET Belgium?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions