Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
55 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Equans Holding Belux from Sint-Joost-ten-Node, company number BE0774666348, closed financial year 2025 with a result of € 147.3 million after tax. For that financial year Equans Holding Belux recorded revenue of € 9.6 million and equity of € 1.2 billion. Compared with financial year 2024, the result moved from € 37.5 million to € 147.3 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 6, 2026.
€ 1.2 billion
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 147.3 million
▲ 293% vs 2024
Profit after tax over the fiscal year.
€ 44.3 million paid out
30 % of the profit went to the shareholders, mostly to EQUANS SAS (100 % of the shares). That is where the money ends up.
People and assets in 2025
12
▲ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9.6 million
▲ 78% vs 2024
€ 803,100 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 20,980
▼ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 16 days on average.
€ 2.5 million
▲ 27% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,263,523 | € 7,185,979 | € 6,526,254 | € 9,648,851 | ▲ 48% |
| Profit after taxes | € 37,899,430 | € 66,406,563 | € 37,486,647 | € 147,324,939 | ▲ 293% |
| Equity | € 1,076,160,930 | € 1,115,307,493 | € 1,127,422,717 | € 1,230,459,656 | ▲ 9% |
| Total debts | € 13,849,946 | € 29,145,033 | € 27,458,573 | € 46,826,441 | ▲ 71% |
| Retained profit | € 29,099,430 | € 68,245,993 | € 80,361,217 | € 183,398,156 | ▲ 128% |
| Dividend | € 8,800,000 | € 27,260,000 | € 25,371,423 | € 44,288,000 | ▲ 75% |
| Bank debt | € 2,624,406 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 1,090,010,876 | € 1,144,452,526 | € 1,154,881,290 | € 1,277,286,097 | ▲ 11% |
| Employees (FTE) | 11.8 | 10 | 10.5 | 12 | ▲ 1.5 |
Key figures of Equans Holding Belux, 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 Equans Holding Belux?
What happened at Equans Holding Belux in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MARK DIRCKX stepped down as director. NBB
- Etienne JACOLIN stepped down as director. NBB
- Didier ENGELS stepped down as director. NBB
- Ana GIROS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 147.3 million (▲ 293% vs 2024). Source: NBB ↗
- Ana GIROS became a director. NBB
- MARK DIRCKX became a director. NBB
- New establishment in Sint-Joost-ten-Node. KBO
In short
From € 37.9 million profit in 2022 to € 147.3 million profit in 2025.
Paid € 946,274 in corporate taxes since 2022.
Best year ever: 2025, with € 147.3 million profit.
Paid out € 105.7 million in dividends to the owners in total.
A new publication or filing at Equans Holding Belux? We notify you, reason included.
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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 shares are held by EQUANS SAS (100%). It owns 100% of EQUANS SERVICES BE, 100% of ENERGOLUX, 100% of EQUANS, 100% of SOLELEC and 100% of EQUANS SERVICES LUX itself.
Directors
According to the 2025 annual accounts
since 2021 · until 2027
Etienne JACOLIN
Director
since 2021 · until 2027
since 2021 · until 2027
Ana GIROS
Chairman of the board
since 2023 · until 2027
Shareholders
EQUANS SAS
100%
Participations
Establishments
Establishment units
Physical locations of this company
Koning Albert II-laan 19
1210 Sint-Joost-ten-Node
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.
All companies at this address →Instituut van de Bedrijfsrevisoren
ISB BUILDING TECHNICS
€ 25.3 million revenue · 2025
EQUANS Services same network
€ 527.9 million revenue · 2025
Transnubel
€ 25.4 million revenue · 2025
ASSURALIA (beroepsvereniging van verzekeringsondernemingen)
€ 1.6 million revenue · 2025
+50 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
- 0774.666.348
- VAT number
- BE 0774.666.348
- Registered office
- Koning Albert II-laan 19, 1210 Sint-Joost-ten-Node
- Names & denominations
- Equans Holding Belux
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2021
- Peppol
- Active · Active since 20 Jan 2026
- Contact
- equans.be [email protected]
- Activities · NACE
Activiteiten van hoofdkantoren
Activiteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige financiële dienstverlening, neg
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