Active · per the CBE, 17 September 2026

ENSIVAL - MORET Belgium

BE0467613838

Rechtspersoon Public limited company 3 establishments

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

Bois la Dame 4, 4890 Thimister-Clermont

Active for

26 year, 9 months

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

€ 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.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 11,522,094 € 7,746,759 € 8,468,819 € 7,813,450 ▼ 8%
Profit after taxes € 1,340,830 € -154,907 € 85,270 € -715,093 ▼ € 800,363
Equity € -28,993,551 € -28,171,901 € -28,086,631 € -28,801,724 ▼ € 715,093
Total debts € 34,414,781 € 30,823,596 € 30,523,925 € 33,007,641 ▲ 8%
Cash € 72,595 € 7,603 € 12,068 € 508,363 ▲ € 496,295
Retained profit € -36,393,551 € -35,571,901 € -35,486,631 € -36,201,724 ▼ € 715,093
Bank debt € 20,015,552 € 20,000,000 € 20,000,000 € 20,000,000
Balance sheet total € 9,821,892 € 4,828,752 € 3,651,678 € 4,838,408 ▲ 32%
Employees (FTE) 61.2 50.4 50.4 51.2 ▲ 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:

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

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

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

Frequently asked questions

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 (17 September 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.