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EthiasCo

Active Risk: not assessed
Private limited companyfounded 1924active for 101 yearsVoie Gisèle Halimi 10, 4000 Liège, Belgium22 active companies are registered at this addressKBO/BCE: BE 0402.370.054
Summary

EthiasCo is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €242.8m and a net result of €10.4m. Equity is growing by about 2.7% per year across the filed financial years. Its solvency ranks better than 90% of 2,997 sector peers (NACE 64, financial year 2025). The company has been active since 1924 and the Belgian Official Gazette contains no insolvency or warning signals.

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EthiasCoActive
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Directors

Directors
33 directors, 2 in day-to-day management, no change since 2024

Board 33

Olivier Henin
Chair · Director · since 23-01-2015
Current
Alexander VERCAMER
Director · since 06-02-2018
Current
Karl Van Borm
Director · since 06-02-2018
Current
Kattrin JADIN
Director · since 06-02-2018
Current
Martine DUREZ
Director · since 06-02-2018
Current
Oswald ADRIAENSEN
Director · since 06-02-2018
Current
TEERLINCK Paul
Director · since 06-02-2018
Current
Walter VAN POTTELBERGE
Director · since 06-02-2018
Current
Show all 33 directors
Willy Demeyer
Director · since 06-02-2018
Current
Marie-Dominique Simonet
Director · since 20-05-2019
Current
Claudia Niessen
Director · since 08-06-2023
Current
Dirk Boogmans
Independent director · since 08-06-2023
Current
Dirk De Fauw
Director · since 08-06-2023
Current
Karolien Eens
Director · since 08-06-2023
Current
MANALIS Georgy
Director · since 08-06-2023
Current
Patrick Dewael
Director · since 08-06-2023
Current
Anita Meerten
Membre du client board
Current
Benoit Piedboeuf
Membre du client board
Current
Caroline Tichon
Membre du client board
Current
Claes Dirk
Membre du client board
Current
CULOT Fabian
Membre du client board
Current
DOULKERIDIS Christos
Membre du client board
Current
Gaëtan Bangisa
Membre du client board
Current
Greet Geypen
Membre du client board
Current
Grillaert Leentje
Membre du client board
Current
Hervé Doyen
Membre du client board
Current
Koen Kennis
Membre du client board
Current
Luc Gillard
Membre du client board
Current
Patrick Roose
Membre du client board
Current
Rita Moors
Membre du client board
Current
Vincent Scourneau
Membre du client board
Current
Walter Roggeman
Membre du client board
Current
EthiasCo
Director · Legal entity · from a recent deed
Current
28 not recently confirmed
Still in office according to the deeds, but no deed of the last six years confirms the mandate. Mandates like this have often ended since, in a deed we have not read yet.
Steve Stevaert
Chair · since 05-07-2010 · Director · since 24-06-2013
Not recently confirmed
Bernard THIRY
Director · since 13-07-2004
Not recently confirmed
BUNGENEERS Luc
Director · since 13-07-2004
Not recently confirmed
Daniël Van de Wynckel
Director · since 13-07-2004
Not recently confirmed
Dirk van Berlaer
Director · since 13-07-2004
Not recently confirmed
Edward De Jaegher
Director · since 13-07-2004
Not recently confirmed
Eric Ancion
Director · since 13-07-2004
Not recently confirmed
Guy Burton
Director · since 13-07-2004
Not recently confirmed
Hugo De Haes
Director · since 13-07-2004
Not recently confirmed
Jacques Baerten
Director · since 13-07-2004
Not recently confirmed
Jean-Luc HENRY
Director · since 13-07-2004
Not recently confirmed
Karin Temmerman
Director · since 13-07-2004
Not recently confirmed
Karın Temmerman
Director · since 13-07-2004
Not recently confirmed
Luc CARSAUW
Director · since 13-07-2004
Not recently confirmed
Marc DARVILLE
Director · since 13-07-2004
Not recently confirmed
Marc Deconinck
Director · since 13-07-2004
Not recently confirmed
Marc van den Abeelen
Director · since 13-07-2004
Not recently confirmed
Marie-Claire Van der Stichele-De Jaegere
Director · since 13-07-2004
Not recently confirmed
Vic Laureys
Director · since 13-07-2004
Not recently confirmed
Wellens Marc
Director · since 13-07-2004
Not recently confirmed
Benoit Verwilghen
Director · since 05-07-2010
Not recently confirmed
Frank Jeusette
Director · since 05-07-2010
Not recently confirmed
Luc Kranzen
Director · since 05-07-2010
Not recently confirmed
Philippe LALLEMAND
Director · since 05-07-2010
Not recently confirmed
Luud Bvernetden
Director · since 08-06-2012
Not recently confirmed
Brigitte Buyle
Bestuurder van rechtswege · since 01-10-2016
Not recently confirmed
Bacquelaine
Director
Not recently confirmed
Stevaert
Director
Not recently confirmed

Day-to-day management 2

Benoit Verwilghen
Ondervoorzitter van het directiecomité · since 24-06-2013 · Directeur général
Current
J. Laenen
Directeur général · since 01-09-2024
Current
6 not recently confirmed
Still in office according to the deeds, but no deed of the last six years confirms the mandate. Mandates like this have often ended since, in a deed we have not read yet.
Bernard THIRY
Voorzitter van het directiecomité · since 05-07-2010 · Director general · since 05-07-2010
Not recently confirmed
Luc Kranzen
Member of the executive committee · since 24-06-2013
Not recently confirmed
Philippe LALLEMAND
Directeur général · since 24-06-2013
Not recently confirmed
Brigitte Buyle
Member of the executive committee · since 01-10-2016
Not recently confirmed
Philippe Laliemand
Director general · since 30-03-2017
Not recently confirmed
Jean-Paul Parmentier
Director general
Not recently confirmed

Statutory auditor 1

PricewaterhouseCoopers Bedrijfsrevisoren-Réviseurs d'Entreprises
Société de révision agréée · since 16-03-2009 · permanent representative: Tom Meuleman
Current

Other functions 5

Benoit Verwilghen
Cfo · since 24-06-2013
Not recently confirmed
Frank Jeusette
Chief risk officer · since 24-06-2013
Not recently confirmed
Luc Kranzen
Directies particulieren · since 24-06-2013
Not recently confirmed
Philippe LALLEMAND
Directies collectiviteiten · since 24-06-2013
Not recently confirmed
Marie-Dominique Simonet
Bestuurster · since 20-05-2019
Not recently confirmed
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

83 people since 2004, 65 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • Other function
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Alexander VERCAMER
  • Director, from before 21-06-2010 to 06-02-2018
  • Director, until 06-02-2018
  • Director, from 06-02-2018 to date
Benoit Verwilghen
  • Director, from 05-07-2010 not ended, last confirmed 31-07-2014
  • Directeur général adjoint ad interim, from 11-05-2012 to 31-08-2024
  • Ondervoorzitter van het directiecomité, from 24-06-2013 not ended, last confirmed 02-08-2013
  • Chief financial officer, from 24-06-2013 not ended, last confirmed 03-07-2017
  • Director general, from 01-12-2021 to date
  • Director general, until 31-08-2024
Oswald ADRIAENSEN
  • Director, from 05-07-2010 to 06-02-2018
  • Director, until 06-02-2018
  • Director, from 06-02-2018 to date
Willy Demeyer
  • Director, from 05-07-2010 to 06-02-2018
  • Director, until 06-02-2018
  • Director, from 06-02-2018 to date
Karl Van Borm
  • Director, from 24-06-2013 to 06-02-2018
  • Director, until 06-02-2018
  • Director, from 06-02-2018 to date
Martine DUREZ
  • Director, from 23-01-2015 to 06-02-2018
  • Director, until 06-02-2018
  • Director, from 06-02-2018 to date
Olivier Henin
  • Administrateur président, from 23-01-2015 to date
  • Chair, from 27-12-2017 to 06-02-2018
  • Chair, until 06-02-2018
  • Chair, since before 28-06-2022
Kattrin JADIN
  • Director, until 06-02-2018
  • Director, until 06-02-2018
  • Director, from 06-02-2018 to date
TEERLINCK Paul
  • Director, until 06-02-2018
  • Director, until 06-02-2018
  • Director, from 06-02-2018 to date
Walter VAN POTTELBERGE
  • Director, until 06-02-2018
  • Director, until 06-02-2018
  • Director, from 06-02-2018 to date
EthiasCofrom an act
  • Leden van het directiecomité, until 08-01-2019
  • Member of the executive committee, until 08-01-2019
  • Board, since before 28-06-2022
Marie-Dominique Simonet
  • Director, from 20-05-2019 to date
  • Bestuurster, from 20-05-2019 not ended, last confirmed 26-08-2019
Anita Meerten
  • Membre du client board, since before 28-06-2022
Benoit Piedboeuf
  • Membre du client board, since before 28-06-2022
Caroline Tichon
  • Membre du client board, since before 28-06-2022
Claes Dirk
  • Membre du client board, since before 28-06-2022
Claudia Niessen
  • Membre du client board, since before 28-06-2022
CULOT Fabian
  • Membre du client board, since before 28-06-2022
Dirk De Fauw
  • Membre du client board, since before 28-06-2022
DOULKERIDIS Christos
  • Membre du client board, since before 28-06-2022
Gaëtan Bangisa
  • Membre du client board, since before 28-06-2022
Greet Geypen
  • Membre du client board, since before 28-06-2022
Grillaert Leentje
  • Membre du client board, since before 28-06-2022
Hervé Doyen
  • Membre du client board, since before 28-06-2022
Koen Kennis
  • Membre du client board, since before 28-06-2022
Luc Gillard
  • Membre du client board, since before 28-06-2022
Patrick Dewael
  • Membre du client board, since before 28-06-2022
Patrick Roose
  • Membre du client board, since before 28-06-2022
Rita Moors
  • Membre du client board, since before 28-06-2022
Vincent Scourneau
  • Membre du client board, since before 28-06-2022
Walter Roggeman
  • Membre du client board, since before 28-06-2022
Dirk Boogmans
  • Independent director, from 08-06-2023 to date
Karolien Eens
  • Director, from 08-06-2023 to date
MANALIS Georgy
  • Director, from 08-06-2023 to date
J. Laenen
  • Directeur général, from 01-09-2024 to date
PricewaterhouseCoopers Bedrijfsrevisoren-Réviseurs d'Entreprises
  • Société de révision agréée, from 16-03-2009 to date
Bernard THIRY
  • Director, from 13-07-2004 not ended, last confirmed 31-07-2014
  • Président du comité de direction, from 05-07-2010 not ended, last confirmed 02-08-2013
  • Directeur général, from 05-07-2010 not ended, last confirmed 08-06-2012
BUNGENEERS Luc
  • Director, from 13-07-2004 not ended, last confirmed 13-07-2004
Daniël Van de Wynckel
  • Director, from 13-07-2004 not ended, last confirmed 05-07-2011
Dirk van Berlaer
  • Director, from 13-07-2004 not ended, last confirmed 13-07-2004
Edward De Jaegher
  • Director, from 13-07-2004 not ended, last confirmed 13-07-2004
Eric Ancion
  • Director, from 13-07-2004 not ended, last confirmed 13-07-2004
Guy Burton
  • Director, from 13-07-2004 not ended, last confirmed 13-07-2004
Hugo De Haes
  • Director, from 13-07-2004 not ended, last confirmed 13-07-2004
Jacques Baerten
  • Director, from 13-07-2004 not ended, last confirmed 13-07-2004
Jean-Luc HENRY
  • Director, from 13-07-2004 not ended, last confirmed 13-07-2004
Karin Temmerman
  • Director, from 13-07-2004 not ended, last confirmed 13-07-2004
Karın Temmerman
  • Director, from 13-07-2004 not ended, last confirmed 13-07-2004
Luc CARSAUW
  • Director, from 13-07-2004 not ended, last confirmed 13-07-2004
Marc DARVILLE
  • Director, from 13-07-2004 not ended, last confirmed 13-07-2004
Marc Deconinck
  • Director, from 13-07-2004 not ended, last confirmed 13-07-2004
Marc van den Abeelen
  • Director, from 13-07-2004 not ended, last confirmed 13-07-2004
Marie-Claire Van der Stichele-De Jaegere
  • Director, from 13-07-2004 not ended, last confirmed 13-07-2004
Vic Laureys
  • Director, from 13-07-2004 not ended, last confirmed 13-07-2004
Wellens Marc
  • Director, from 13-07-2004 not ended, last confirmed 05-07-2011
Bacquelaine
  • Director, from before 13-07-2009 not ended, last confirmed 13-07-2009
Stevaert
  • Director, from before 13-07-2009 not ended, last confirmed 13-07-2009
Frank Jeusette
  • Director, from 05-07-2010 not ended, last confirmed 31-07-2014
  • Chief risk officer, from 24-06-2013 not ended, last confirmed 02-08-2013
Luc Kranzen
  • Director, from 05-07-2010 not ended, last confirmed 31-07-2014
  • Member of the executive committee, from 24-06-2013 not ended, last confirmed 02-08-2013
  • Directies particulieren, from 24-06-2013 not ended, last confirmed 02-08-2013
Philippe LALLEMAND
  • Director, from 05-07-2010 not ended, last confirmed 31-07-2014
  • Member of the executive committee, from 24-06-2013 not ended, last confirmed 03-07-2017
  • Directies collectiviteiten, from 24-06-2013 not ended, last confirmed 02-08-2013
Steve Stevaert
  • Chair, from 05-07-2010 not ended, last confirmed 05-07-2011
  • Director, from 24-06-2013 not ended, last confirmed 31-07-2014
Luud Bvernetden
  • Director, from 08-06-2012 not ended, last confirmed 08-06-2012
Brigitte Buyle
  • Bestuurder van rechtswege, from 01-10-2016 not ended, last confirmed 21-10-2016
  • Member of the executive committee, from 01-10-2016 not ended, last confirmed 21-10-2016
Philippe Laliemand
  • Director general, from 30-03-2017 not ended, last confirmed 03-07-2017
Jean-Paul Parmentier
  • Director general, from 27-12-2017 to 01-12-2021
  • Directeur général, from 27-12-2017 not ended, last confirmed 08-01-2019
Durez
  • Director, from 23-01-2015 to 08-06-2023
  • Board, until 20-07-2023
Jadin
  • Director, until 08-06-2023
  • Board, until 20-07-2023
Teerlinck
  • Director, until 08-06-2023
  • Board, until 20-07-2023
Van Pottelberge
  • Director, until 08-06-2023
  • Board, until 20-07-2023
Vercamer
  • Director, until 08-06-2023
  • Board, until 20-07-2023
JP. Parmentier
  • Directeur général, until 01-12-2021
Jean-Pierre Grafe
  • Chair, from 13-07-2004 ended, last mentioned 13-07-2004
  • Director, from 05-07-2010 to 06-02-2018
  • Director, until 06-02-2018
  • Director, from 06-02-2018 to 16-05-2019
  • Director, until 16-05-2019
Thiry
  • Director general, until 19-09-2016
  • Directeur général, until 21-10-2016
Bacquelaine Daniel
  • Director, from 05-07-2010 ended, last mentioned 05-07-2011
  • Chair, from 24-06-2013 to 23-04-2015
  • Chair and director, until 23-04-2015
Jacques BRAGGAAR
  • Director, from 05-07-2010 to 31-07-2014
  • Director, until 31-07-2014
  • Director, until 23-04-2015
  • Director, until 23-04-2015
Valentine Delwart
  • Director, from 24-06-2013 to 31-07-2014
  • Director, until 31-07-2014
Renaud Rosseel
  • Director, from 01-11-2012 to 30-06-2014
  • Member of the executive committee, from 01-11-2012 to 30-06-2014
  • Commercial director, from 24-06-2013 ended, last mentioned 02-08-2013
  • Director, until 30-06-2014
  • Member of the executive committee, until 30-06-2014
Hans Verstraete
  • Director, from 05-07-2010 to 31-05-2012
  • Directeur général adjoint, until 11-05-2012
  • Director, until 31-05-2012
  • Member of the executive committee, until 31-05-2012
  • Adjunct directeur generaal, until 31-05-2012
  • Member of the executive committee, until 31-05-2012
Ernst & Young
  • Commissaire agréé, until 13-07-2009
  • Erkend commissaris, until 13-07-2009
Cardyn & Joos
  • Statutory auditor, from 13-07-2004 to 16-03-2009
D C & Co
  • Statutory auditor, from 13-07-2004 to 16-03-2009
Ernst & Young Bedrijfsrevisoren Burg. CV
  • College van commissarissen, from 13-07-2004 to 16-03-2009
Guy Burton
  • Statutory auditor, from 13-07-2004 to 16-03-2009
See the board, name and registered office on a given date →

Owners and capital

Owners

10 owners

Owners 10

According to the 2025 annual accounts of EthiasCo and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Shareholders according to the deeds
Share transfer act of 25-01-2024 ↗
  • BPOST to Duitstalige Gemeenschap 93 shares

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 19-01-2026 Capital reduction of €20 · to €11,571 · “uittreding van de 3 aandeelhouders”
  2. 29-12-2025 Capital stated in the deed · 11,577 shares
  3. 25-01-2024 Capital stated in the deed · 11,597 shares
  4. 28-06-2022 Capital stated in the deed · €100,000,110
  5. 06-02-2018 Capital stated in the deed · €100,000,109.60 · 11,624 shares

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