SPAQuE
ActiveSummary
The annual accounts of SPAQuE for fiscal year 2025 show a net loss of 392% of the equity at the start of that year. The 2025 annual accounts show equity of €55.9m and a net result of -€30.1m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 90 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
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Signals
This company filed its last 7 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
History
SPAQuE was incorporated on 13 March 1991.1 Between 2011 and 2026 the capital was increased 11 times, most recently to EUR 108 million.234 The registered office was moved to Liège in 2020.5 The board currently has 10 members; Valérie SARETTO has served longest, since 2018.4 Revenue fell from EUR 16 million in 2018 to EUR 11 million in 2025 and headcount from 83.2 to 84.4 full-time equivalents.6
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Financials · fiscal year 2025, full schema
Click a name to add, emphasise or remove a line.
- 2025 Equity +628% on 2024. Capital increase of €18,900,000 (Official Gazette 23-12-2025). Capital increase of €59,433,333 (Official Gazette 21-01-2025).
- 2022 Equity +999% on 2021. Capital increase of €29,519,000 (Official Gazette 28-12-2022). Capital increase of €29,519,000 (Official Gazette 22-07-2022).
Peer companies
Historical observationOf the 367 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 10 to 30%
- a small loss
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 367 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €45.6m | €39.8m | €30.9m | €31.5m | €29.3m | ▼ 7.2% |
| Turnover70 | €43.4m | €37.8m | €28.7m | €12.4m | €10.6m | ▼ 14.7% |
| Other operating income74 | €1.8m | €718,334 | €1.0m | €18.5m | €18.6m | ▲ 0.5% |
| Non-recurring operating income76A | €349,848 | €1.3m | €1.1m | €574,332 | €51,307 | ▼ 91.1% |
| Operating charges60/66A | €106.8m | €31.5m | €30.1m | €27.9m | €27.9m | = |
| Goods for resale, raw materials and consumables60 | €35.1m | €26.6m | €17.2m | €11.5m | €12.6m | ▲ 10.0% |
| Purchases600/8 | €35.1m | €25.6m | €17.2m | €12.5m | €12.2m | ▼ 2.8% |
| Change in stocks: decrease (increase)609 | - | €942,089 | - | -€1.1m | €427,436 | ▲ 140% |
| Services and other goods61 | €2.8m | €2.9m | €2.8m | €2.9m | €2.6m | ▼ 10.5% |
| Remuneration, social security and pensions62 | €10.7m | €11.6m | €13.7m | €13.3m | €14.4m | ▲ 8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €423,188 | €425,359 | €437,746 | €454,738 | €375,037 | ▼ 17.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€349,324 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €57.2m | -€12.3m | -€4.9m | -€495,918 | -€3.1m | ▼ 518% |
| Other operating charges640/8 | €526,938 | €2.2m | €829,422 | €713,174 | €1.0m | ▲ 43.3% |
| Non-recurring operating charges66A | €10,443 | €179,790 | €0 | €11,748 | €0 | ▼ 100% |
| Operating profit (loss)9901 | -€61.3m | €8.3m | €743,268 | €3.6m | €1.3m | ▼ 62.7% |
| Financial income75/76B | €62.3m | €395,505 | €197,755 | €327,345 | €197,869 | ▼ 39.6% |
| Recurring financial income75 | €62.3m | €395,505 | €197,755 | €189,295 | €197,869 | ▲ 4.5% |
| Income from financial fixed assets750 | €125,000 | €395,500 | €197,750 | €189,275 | €197,750 | ▲ 4.5% |
| Other financial income752/9 | €62.1m | €5 | €5 | €20 | €119 | ▲ 494% |
| Non-recurring financial income76B | - | - | - | €138,050 | €0 | ▼ 100% |
| Financial charges65/66B | €27.1m | €27.1m | €32.2m | €31.7m | €31.6m | ▼ 0.1% |
| Recurring financial charges65 | €27.1m | €27.1m | €32.1m | €31.7m | €31.6m | ▼ 0.1% |
| Debt charges650 | €8.7m | €8.2m | €10.1m | €9.3m | €8.5m | ▼ 8.5% |
| Other financial charges652/9 | €18.3m | €19.0m | €22.0m | €22.3m | €23.1m | ▲ 3.4% |
| Non-recurring financial charges66B | - | - | €138,050 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€26.1m | -€18.4m | -€31.3m | -€27.8m | -€30.1m | ▼ 8.5% |
| Income taxes67/77 | €16,315 | -€7,904 | €5,177 | €5,772 | €6,362 | ▲ 10.2% |
| Taxes670/3 | €16,315 | €4,453 | €5,177 | €5,772 | €6,362 | ▲ 10.2% |
| Tax adjustments and reversals of tax provisions77 | - | €12,357 | - | - | - | - |
| Profit (loss) for the period9904 | -€26.1m | -€18.4m | -€31.3m | -€27.8m | -€30.1m | ▼ 8.5% |
| Profit (loss) for the period to be appropriated9905 | -€26.1m | -€18.4m | -€31.3m | -€27.8m | -€30.1m | ▼ 8.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €600.0m | €540.0m | €540.5m | €534.1m | €479.8m | ▼ 10.2% |
| Fixed assets21/28 | €13.3m | €17.6m | €17.3m | €18.3m | €19.6m | ▲ 7.3% |
| Intangible fixed assets21 | €18,213 | €8,400 | €2,611 | €0 | €0 | - |
| Tangible fixed assets22/27 | €4.8m | €4.6m | €4.4m | €5.3m | €6.6m | ▲ 25.3% |
| Land and buildings22 | €328,389 | €328,389 | €328,389 | €368,194 | €889,434 | ▲ 142% |
| Plant, machinery and equipment23 | €3.7m | €3.5m | €3.5m | €3.4m | €4.0m | ▲ 16.9% |
| Furniture and vehicles24 | €711,661 | €720,944 | €557,520 | €330,538 | €201,183 | ▼ 39.1% |
| Other tangible fixed assets26 | €17,343 | €21,350 | €22,070 | €18,979 | €18,048 | ▼ 4.9% |
| Assets under construction and advance payments27 | - | - | - | €1.1m | €1.5m | ▲ 32.7% |
| Financial fixed assets28 | €8.5m | €13.0m | €12.9m | €13.0m | €13.0m | = |
| Affiliated companies280/1 | €7.6m | €12.1m | €12.1m | €12.1m | €12.1m | = |
| Participating interests280 | €125,000 | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Amounts receivable281 | €7.5m | €12.0m | €12.0m | €12.0m | €12.0m | = |
| Companies linked by participating interests282/3 | €810,700 | €810,700 | €672,650 | €885,687 | €885,687 | = |
| Participating interests282 | €810,700 | €810,700 | €672,650 | €885,687 | €885,687 | = |
| Other financial fixed assets284/8 | €75,437 | €75,437 | €75,437 | €0 | - | - |
| Shares284 | €74,987 | €74,987 | €74,987 | €0 | - | - |
| Amounts receivable and cash guarantees285/8 | €450 | €450 | €450 | €0 | - | - |
| Current assets29/58 | €586.7m | €522.3m | €523.2m | €515.8m | €460.2m | ▼ 10.8% |
| Stocks and contracts in progress3 | €6.3m | €5.4m | €5.4m | €6.4m | €6.0m | ▼ 6.6% |
| Stocks30/36 | €6.3m | €5.4m | €5.4m | €6.4m | €6.0m | ▼ 6.6% |
| Property held for sale35 | €6.3m | €5.4m | €5.4m | €6.4m | €6.0m | ▼ 6.6% |
| Amounts receivable within one year40/41 | €79.2m | €42.3m | €22.9m | €19.5m | €12.5m | ▼ 36.1% |
| Trade receivables40 | €43.4m | €19.0m | €1.1m | €3.7m | €2.8m | ▼ 25.0% |
| Other amounts receivable41 | €35.8m | €23.3m | €21.7m | €15.7m | €9.6m | ▼ 38.7% |
| Cash at bank and in hand54/58 | €184.6m | €176.9m | €218.3m | €236.2m | €211.0m | ▼ 10.6% |
| Deferred charges and accrued income490/1 | €316.6m | €297.8m | €276.6m | €253.7m | €230.7m | ▼ 9.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €600.0m | €540.0m | €540.5m | €534.1m | €479.8m | ▼ 10.2% |
| Equity10/15 | €4.1m | €44.7m | €35.4m | €7.7m | €55.9m | ▲ 628% |
| Contributions10/11 | €56.6m | €63.0m | €66.6m | €66.6m | €85.9m | ▲ 28.9% |
| Capital10 | €56.6m | €63.0m | €66.6m | €66.6m | €85.9m | ▲ 28.9% |
| Issued capital100 | €56.6m | €63.0m | €66.6m | €66.6m | €85.9m | ▲ 28.9% |
| Reserves13 | €125,000 | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Non-distributable reserves130/1 | €125,000 | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Legal reserve130 | €125,000 | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Profit (loss) carried forward14 | -€52.6m | -€18.4m | -€31.3m | -€59.1m | -€30.1m | ▲ 49.0% |
| Provisions and deferred taxes16 | €106.8m | €94.4m | €91.2m | €89.0m | €86.0m | ▼ 3.4% |
| Provisions for liabilities and charges160/5 | €106.8m | €94.4m | €91.2m | €89.0m | €86.0m | ▼ 3.4% |
| Other liabilities and charges164/5 | €106.8m | €94.4m | €91.2m | €89.0m | €86.0m | ▼ 3.4% |
| Amounts payable17/49 | €489.2m | €400.8m | €413.8m | €437.4m | €337.9m | ▼ 22.7% |
| Amounts payable after more than one year17 | €298.1m | €276.6m | €253.5m | €230.4m | €206.5m | ▼ 10.4% |
| Financial debts170/4 | €298.1m | €276.6m | €253.5m | €230.4m | €206.5m | ▼ 10.4% |
| Subordinated loans170 | €743,681 | €743,681 | - | - | - | - |
| Other loans174 | €297.4m | €275.8m | €253.5m | €230.4m | €206.5m | ▼ 10.4% |
| Amounts payable within one year42/48 | €145.4m | €86.9m | €116.9m | €170.5m | €99.7m | ▼ 41.5% |
| Current portion of amounts payable after more than one year42 | €18.9m | €21.6m | €26.2m | €27.1m | €28.0m | ▲ 3.4% |
| Financial debts43 | €46.6m | €21.7m | €36.5m | €72.7m | €59.4m | ▼ 18.4% |
| Other loans439 | €46.6m | €21.7m | €36.5m | €72.7m | €59.4m | ▼ 18.4% |
| Trade debts44 | €50.1m | €10.8m | €18.3m | €10.7m | €7.9m | ▼ 26.4% |
| Suppliers440/4 | €50.1m | €10.8m | €18.3m | €10.7m | €7.9m | ▼ 26.4% |
| Taxes, remuneration and social security45 | €3.0m | €2.3m | €1.7m | €1.7m | €1.9m | ▲ 11.6% |
| Taxes450/3 | €1.6m | €749,409 | €193,599 | €196,469 | €221,434 | ▲ 12.7% |
| Remuneration and social security454/9 | €1.4m | €1.5m | €1.5m | €1.5m | €1.7m | ▲ 11.5% |
| Other amounts payable47/48 | €26.9m | €30.5m | €34.2m | €58.2m | €2.6m | ▼ 95.6% |
| Accrued charges and deferred income492/3 | €45.6m | €37.4m | €43.4m | €36.5m | €31.7m | ▼ 13.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€26.1m | -€18.4m | -€31.3m | -€27.8m | -€30.1m | ▼ 8.5% |
| + Depreciation and write-downs630 | €423,188 | €425,359 | €437,746 | €454,738 | €375,037 | ▼ 17.5% |
| Operating cash flow (approximation) | -€25.6m | -€18.0m | -€30.9m | -€27.3m | -€29.7m | ▼ 8.9% |
| Investment in fixed assets (approximation) | - | -€4.8m | -€116,901 | -€1.4m | -€1.7m | ▼ 19.8% |
| Change in cash | - | -€7.7m | €41.5m | €17.8m | -€25.1m | ▼ 241% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
26-08
State Gazette act
Resignations & appointmentsPower of attorney2 facts ▸
- Board meeting, 10-07-2026
- Power of attorney
14-07
State Gazette act
Appointments: Florence GIET, Isabelle JEURISSEN and 8 othersCapital increase · Bank account · Capital16 facts ▸
- General meeting, 10 juillet 2026
- Capital increase, €22.449.380,93
- Bank account, BELFIUS BANQUE S.A., non spécifié
- Capital, €108.332.703,29
- Statutes amendment, 10
- Statutes amendment, 20
- Director appointment, Florence GIET (director)
- Director appointment, Isabelle JEURISSEN (director)
- Director appointment, Sarah LAMBOT (director)
- Director appointment, Valérie SARETTO (director)
- Director appointment, Carlo DI ANTONIO (director)
- Director appointment, Raphaël DUBOIS (director)
- +4 further facts in this act
23-12
State Gazette act
Resignation: Carlo Di Antonio (chair)Appointment: Vincent PEREMANS (chair) · Capital decrease · Capital increase7 facts ▸
- General meeting, 19/12/2025
- Capital decrease, €27.763.807,47
- Capital increase, €18.900.000
- Bank account, BE11 0910 2317 5248
- Capital, €85.883.322,36
- Director resignation, Carlo Di Antonio (chair)
- Director appointment, Vincent PEREMANS (chair)
21-10
State Gazette act
Capital & shares · Resignations & appointmentsMandate term · Power of attorney2 facts ▸
- Mandate term, trois ans, 03-10-2025
- Power of attorney, Jean François ROBE
21-01
State Gazette act
Capital & shares · Statutes amendmentCapital decrease · Capital increase · Share issue7 facts ▸
- General meeting, 14 janvier 2025
- Capital decrease, €31.290.738,32
- Capital increase, €59.433.333
- Share issue, sans émission d’actions nouvelles, 0
- Bank account, BELFIUS BANQUE S.A.
- Capital, €94.747.129,83
- Statutes amendment
21-05
State Gazette act
Resignations & appointmentsPower of attorney · Mandate term · Approval6 facts ▸
- Board meeting, 29/03/2024
- Power of attorney, Jean François Robe
- Power of attorney, Société publique d'aide à la qualité de l'environnement
- Power of attorney, Société publique d'aide à la qualité de l'environnement
- Mandate term, trois ans, 29/03/2024
- Approval, 29/03/2024
Show earlier events
28-12
State Gazette act
Capital & shares · Statutes amendmentCapital decrease · Capital increase · Share issue7 facts ▸
- General meeting, 22/12/2022
- Capital decrease, €26.072.040,91
- Capital increase, €29.519.000
- Share issue, sans émission d’actions nouvelles, 0
- Bank account, BELFIUS BANQUE S.A.
- Capital, €62.981.353,49
- Statutes amendment
22-07
State Gazette act
Capital & shares · Statutes amendmentCapital decrease · Capital increase · Bank account8 facts ▸
- General meeting, 19 juillet 2022
- Capital decrease, €26.562.168,88
- Capital increase, €29.519.000
- Bank account, BELFIUS BANQUE S.A.
- Capital, €59.534.394,4
- Statutes amendment
- Shareholding, 75%
- Shareholding, 25%
19-07
State Gazette act
Appointment: Jean-François BERNARD (commissaire réviseur)Power of attorney · Mandate term5 facts ▸
- General meeting, 20/05/2022
- Auditor appointment, Jean-François BERNARD (commissaire réviseur)
- Board meeting, 17/06/2022
- Power of attorney, Comité de direction / Directeur général / Groupes 1, 2, 3
- Mandate term, trois ans à dater du 17 juin 2022
25-03
State Gazette act
Appointment: Renaud DEVRIESE (member of the executive committee)Statutes amendment3 facts ▸
- Board meeting, 24/02/2022
- Director appointment, Renaud DEVRIESE (member of the executive committee)
- Statutes amendment
05-01
State Gazette act
Capital & shares · Statutes amendmentCapital decrease · Capital increase · Bank account8 facts ▸
- General meeting, 23/12/2021
- Capital decrease, €27.166.139,62
- Capital increase, €28.030.000
- Bank account, BELFIUS BANQUE S.A.
- Capital, €56.577.563,28
- Statutes amendment
- Shareholding, 75%
- Shareholding, 25%
26-04
State Gazette act
Resignations & appointmentsStatutes amendment2 facts ▸
- Board meeting, 26/02/2021
- Statutes amendment
31-12
State Gazette act
Capital & shares · Statutes amendmentCapital decrease · Capital increase · Share issue9 facts ▸
- General meeting, 18/12/2020
- Capital decrease, €25.808.614
- Capital increase, €25.931.000
- Share issue, sans émission d'actions nouvelles, 0
- Bank account, BELFIUS BANQUE S.A.
- Capital, €55.713.702,9
- Statutes amendment
- Shareholder, SPAQUE
- Shareholder, SPAQUE
04-05
State Gazette act
Registered officeRegistered-office move2 facts ▸
- Board meeting, 21/02/2020
- Registered-office move, 13, avenue Maurice Destenay à 4000 Liège
20-09
State Gazette act
Appointments: Cabinet Wilmet & Associés (commissaire reviseur) and SPAQuE (daily management delegate)Power of attorney8 facts ▸
- General meeting, 24/05/2019
- Board meeting, 28/06/2019
- Auditor appointment, Cabinet Wilmet & Associés (commissaire reviseur)
- Director appointment, SPAQuE (daily management delegate)
- Power of attorney, SPAQuE
- Power of attorney, SPAQuE
- Power of attorney, SPAQuE
- Power of attorney, SPAQuE
03-06
State Gazette act
Capital & shares · Statutes amendmentCapital decrease · Capital increase · Share issue7 facts ▸
- General meeting, 24/05/2019
- Capital decrease, €59.558.328,45
- Capital increase, €49.722.000
- Share issue, sans émission d’actions nouvelles, 0
- Bank account, BELFIUS BANQUE S.A.
- Capital, €55.591.316,9
- Statutes amendment
23-05
State Gazette act
Resignations: Eric PONCIN (vice-chair and director) and Philippe ADAM (directeur général)Appointments: Isabelle JEURISSEN (vice-chair) and Jean-François ROBE (directeur général) · Mandate term9 facts ▸
- Board meeting, 26/04/2019
- Board meeting, 25/01/2019
- Board meeting, 22/02/2019
- Director resignation, Eric PONCIN (vice-chair and director)
- Director appointment, Isabelle JEURISSEN (vice-chair)
- Director appointment, Isabelle JEURISSEN (director)
- Director appointment, Jean-François ROBE (directeur général)
- Director resignation, Philippe ADAM (directeur général)
- Mandate term, trois ans, 01/05/2019
20-09
State Gazette act
Appointments: SARETTO Valérie, PONCIN Eric and 7 othersResignations: BOURLARD Vincent, GERARD Elisabeth and 10 others22 facts ▸
- General meeting, 13/07/2018
- Director appointment, SARETTO Valérie (chair)
- Director appointment, PONCIN Eric (vice-chair)
- Director appointment, CHARLIER Véronique (director)
- Director appointment, DEMARERT Géraldine (director)
- Director appointment, VANBOCKESTAL Marie-Christine (director)
- Director appointment, POURTOIS Maxime (director)
- Director appointment, SERUSIAUX Emmanuel (director)
- Director appointment, URBAIN Vincent (director)
- Director appointment, ZECCHINI Laurent (director)
- Director resignation, BOURLARD Vincent
- Director resignation, GERARD Elisabeth
- +10 further facts in this act
12-09
State Gazette act
Appointments: Philippe Adam, Pol Jacquemart and 7 others10 facts ▸
- Board meeting, 19/07/2018
- Director appointment, Philippe Adam (director (executive))
- Director appointment, Pol Jacquemart (directeur de la stratégie)
- Director appointment, Philippe Thiry (directeur des opérations)
- Director appointment, Marie-France Willamme (directrice des services supports)
- Director appointment, Pierre Eyen (responsable du département des finances)
- Director appointment, Esmeralda Dominguez (responsable service comptabilité)
- Director appointment, Hala al Assouad (membre du service juridique)
- Director appointment, Emmanuel Colla (membre du service juridique)
- Director appointment, Vincent de Lame (membre du service juridique)
08-08
State Gazette act
PurposePurpose change · Capital · Statutes amendment4 facts ▸
- General meeting, 19/07/2018
- Purpose change, La société a pour objet: -de réaliser toutes les activités en général liées à la prévention, à l'élimination, au traitement, à la valorisation des déchets de to…
- Capital, €65.427.645,35
- Statutes amendment
02-05
State Gazette act
Appointments: Philippe Adam, Pol Jacquemart and 7 others9 facts ▸
- Director appointment, Philippe Adam (administrateur directeur)
- Director appointment, Pol Jacquemart (directeur de la stratégie)
- Director appointment, Philippe Thiry (directeur des opérations)
- Director appointment, Marie France Willamme (directrice des services supports)
- Director appointment, Pierre Eyen (responsable du département des finances)
- Director appointment, Esmeralda Dominguez (responsable service comptabilité)
- Director appointment, Sophie al Assouad (membre du service juridique)
- Director appointment, Emmanuel Colia (membre du service juridique)
- Director appointment, Vincent de Lame (membre du service juridique)
21-04
State Gazette act
Appointments: Philippe Adam, Pol Jacquemart and 6 othersPower of attorney11 facts ▸
- Power of attorney, Philippe Adam
- Director appointment, Philippe Adam
- Director appointment, Pol Jacquemart
- Director appointment, Pol Jacquemart
- Director appointment, Philippe Thiry
- Director appointment, Marie-France Willamme
- Director appointment, Pierre Eyen
- Director appointment, Esméralda Dominguez
- Director appointment, Vincent Bourlard
- Director appointment, Eric Poncin
- Director appointment, Philippe Adam
28-07
State Gazette act
Appointment: LAMBOTTE & MONSIEUR (commissaire reviseur)Mandate term3 facts ▸
- General meeting, 15/06/2016
- Auditor appointment, LAMBOTTE & MONSIEUR (commissaire reviseur)
- Mandate term, 3 ans
26-10
State Gazette act
Appointment: Emmanuel WART (director)Resignation: Philippe KNAEPEN (director)3 facts ▸
- General meeting, 02/10/2015
- Director appointment, Emmanuel WART (director)
- Director resignation, Philippe KNAEPEN (director)
06-05
State Gazette act
Resignations & appointmentsStatutes amendment · Power of attorney3 facts ▸
- Board meeting, 21/01/2015
- Statutes amendment
- Power of attorney, SPAQUE
06-05
State Gazette act
Appointment: Philippe ADAM (fonctionnaire dirigeant)Power of attorney3 facts ▸
- Board meeting, 21/01/2015
- Power of attorney, Vincent BOURLARD
- Director appointment, Philippe ADAM (fonctionnaire dirigeant)
15-12
State Gazette act
Resignation: Anne POUTRAIN (director)Appointment: Valérie VERZELÉ (director)3 facts ▸
- General meeting, 22/10/2014
- Director resignation, Anne POUTRAIN (director)
- Director appointment, Valérie VERZELÉ (director)
24-11
State Gazette act
Capital & sharesCapital decrease · Capital increase · Share issue8 facts ▸
- General meeting, 22/10/2014
- Capital decrease, €47.643.414,65
- Capital increase, €30.121.059
- Share issue, sans émission d'actions nouvelles, l'intégralité de l'augmentation du capital étant offerte exclusivement à la souscription de l'actionnaire unique
- Bank account, BELFIUS BANQUE SA
- Capital, €65.427.645,35
- Statutes amendment
- Shareholding, 50,01%
04-09
State Gazette act
Resignations: Anne POUTRAIN (director) and Sophie al ASSOUAD (secrétaire du conseil d'administration)Appointment: Pol JACQUEMART (secrétaire du conseil d'administration)5 facts ▸
- Board meeting, 13/06/2012
- Director resignation, Anne POUTRAIN (director)
- Board meeting, 27/02/2013
- Director appointment, Pol JACQUEMART (secrétaire du conseil d'administration)
- Director resignation, Sophie al ASSOUAD (secrétaire du conseil d'administration)
04-09
State Gazette act
Appointment: SPRL F.A. WILMET & Cie (commissaire reviseur)2 facts ▸
- General meeting, 19/06/2013
- Auditor appointment, SPRL F.A. WILMET & Cie (commissaire reviseur)
12-07
State Gazette act
Appointment: F.A. WILMET & Cie (commissaire réviseur)2 facts ▸
- General meeting, 19/05/2010
- Auditor appointment, F.A. WILMET & Cie (commissaire réviseur)
26-06
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Bank account · Capital5 facts ▸
- General meeting, 13/06/2012
- Capital increase, €7.950.000
- Bank account, compte spécial auprès de DEXIA BANQUE S.A.
- Capital, €82.950.001
- Statutes amendment
23-11
State Gazette act
Reappointments: Elisabeth GERARD, Isabelle JEURISSEN and 12 othersAppointments: Vincent BOURLARD, Eric PONCIN and Philippe ADAM · Power of attorney20 facts ▸
- General meeting, 14/09/2011
- Board meeting, 14/09/2011
- Director reappointment, Elisabeth GERARD (director)
- Director reappointment, Isabelle JEURISSEN (director)
- Director reappointment, Diana NIKOLIC (director)
- Director reappointment, Anne POUTRAIN (director)
- Director reappointment, Coralie VIAL (director)
- Director reappointment, Philippe ADAM (director)
- Director reappointment, Vincent BOURLARD (director)
- Director reappointment, Marc DARVILLE (director)
- Director reappointment, Alain DE ROOVER (director)
- Director reappointment, Didier HELLIN (director)
- +8 further facts in this act
14-06
State Gazette act
Capital & sharesCapital increase · Real estate · Capital5 facts ▸
- General meeting, 18 mai 2011
- Capital increase, €1
- Real estate, parcelles du site des « Huilenes Grisard », cadastrées à Mons division Cuesmes, section A n°s 97V7, 97W7, 97X7, et 93Y2 pour une contenance totale de 1HA22A91CA
- Capital, €75.000.001
- Statutes amendment
About the unread acts
Of the 35 Belgian State Gazette acts we know for this company, 34 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Board 9
Show all 9 directors
15 not recently confirmed
Day-to-day management 1
1 not recently confirmed
Statutory auditor 1
Other functions 10
Show all 10 office holders
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62803A1368/00V000 | Wallonia | 2,811 m² | 1 · 1,999 m² | 43.0 m · 12 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- Other function
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| Isabelle JEURISSEN |
|
| Valérie SARETTO |
|
| Damien ROBERT |
|
| Florence GIET |
|
| Gianni INFANTI |
|
| GILLIS Cédric |
|
| Raphael Dubois |
|
| Sarah LAMBOT |
|
| Vincent PEREMANS |
|
| Renaud DEVRIESE |
|
| Callens, Vandelanotte & Theunissen SRL |
|
| Alain DE ROOVER |
|
| Diana NIKOLIC |
|
| Jean-François RAVONE |
|
| SERUSIAUX Emmanuel |
|
| JACQUEMART Pol |
|
| Esméralda Dominguez |
|
| Marie-France Willamme |
|
| Philippe Thiry |
|
| Pierre Eyen |
|
| CHARLIER Véronique |
|
| DEMARERT Géraldine |
|
| POURTOIS Maxime |
|
| VANBOCKESTAL Marie-Christine |
|
| Vincent URBAIN |
|
| Zecchini Laurent |
|
| Jean-François ROBE |
|
| Sophie al Assouad |
|
| Emmanuel Colia |
|
| Vincent de Lame |
|
| Emmanuel Colla |
|
| Hala al Assouad |
|
| Carlo Di Antonio |
|
| Jean-François BERNARD |
|
| Cabinet Wilmet & Associés |
|
| LAMBOTTE & MONSIEUR |
|
| Philippe ADAM |
|
| Eric Poncin |
|
| Coralie VIAL |
|
| DEROOVER Alain |
|
| Didier HELLIN |
|
| Elisabeth GERARD |
|
| Marc DARVILLE |
|
| NICKOLIC Diana |
|
| VERZELE Valérie |
|
| Vincent BOURLARD |
|
| WART Emmanuel |
|
| F.A. Wilmet & Cie SPRL |
|
| KNAEPEN Philippe |
|
| Anne Poutrain |
|
Articles of association
Full purpose
La société a pour objet: -de réaliser toutes les activités en général liées à la prévention, à l'élimination, au traitement, à la valorisation des déchets de toute nature et des sols poliués; -de contribuer à l'amélioration de la connaissance de l'état des sols, à la prévention des atteintes à la qualité des sols ainsi qu'à la gestion des sois potentiellement pollués et pollués; -de revaloriser des sites pollués; -d'assurer la recherche, le développement et le partage de l'expertise, de l'expérience, des savoirs et des outils développés en matière de gestion des déchets et des sols pollués; -d'assister la prospective, la planification et l'élaboration de plans, programmes ou outils stratégiques en matière de gestion des déchets ou des sols potentiellement pollués ou pollués; -d'accompagner les acteurs publics et privés confrontés à une problématique de sols potentiellement pollués ou pollués; -de conseiller les pouvoirs locaux en matière de gestion des déchets ou des sols potentiellement pollués ou pollués; -de valoriser à l'international le savoir-faire wallon dans le secteur de la gestion des déchets et du redéploiement des friches industrielles, en veillant à éviter les risques industriels, commerciaux ou financiers. En outre, la société exécute toute mission que le Gouvernement wallon lui confie par arrêté ou décision et dans le cadre d'un contrat de gestion. Pour réaliser son objet, la société peut notamment: -accomplir toutes opérations commerciales, industrielles, financières, immobilières ou mobilières nécessaires ou utiles à la réalisation de son objet; -faire partie de toute association, groupe ou syndicat, ou y prendre des intérêts; -acquérir une participation dans le capital d'une société par voie d'apport, de fusion, de cession, de souscription de parts lors d'une augmentation de capital ou par tout autre moyen; -s'associer avec une autre société spécialisée de la Région wallonne en vue de créer des synergies ou pôles de compétences; - développer des partenariats avec des entrepríses privées et/ou publiques dans le but de faire bénéficier la Région de l'effet de levier de l'investissement privé; - réaliser des opérations susceptibles de générer des revenus dans les limites de son objet social; -souscrire des emprunts obligataires ou non, octroyer des prêts, des avances; -prendre toutes garanties et sûretés personnelles ou réelles; -prester des services techniques, administratifs ou financiers; -d'une manière générale, faire pour son compte ou pour compte de tiers, toute opération se rapportant directement ou indirectement à se missions ou de nature à en favoriser la réalisation. La société peut recourir aux services de tiers et les charger de toute opération utile à la réalisation de son objet et de ses missions.
Structure & network
Owners and holdings
5 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 5
-
100%
-
25%
-
13.12%
-
12.56%
-
11%
According to the 2025 annual accounts of SPAQuE and those of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.
Connections & network
48 connected companiesShow 44 more companies with a shared director
Capital and shareholders
- REGION WALLONNE
- REGION WALLONNE
- REGION WALLONNE
- REGION WALLONNE
- REGION WALLONNE
- REGION WALLONNE 50,01%
Show 1 older mentions
- REGION WALLONNE
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 14-07-2026 Capital increase of 22,449,380.93 EUR · to 108,332,703.29 EUR · in cash
- 23-12-2025 Capital reduction of 27,763,807.47 EUR · to 66,983,322.36 EUR · to absorb losses
- 23-12-2025 Capital increase of 18,900,000 EUR · to 85,883,322.36 EUR · in cash
- 21-01-2025 Capital reduction of 31,290,738.32 EUR · to 35,313,796.83 EUR · to absorb losses
- 21-01-2025 Capital increase of 59,433,333 EUR · to 94,747,129.83 EUR · in cash
- 28-12-2022 Capital reduction of 26,072,040.91 EUR · to 33,462,353.49 EUR · to absorb losses
- 28-12-2022 Capital increase of 29,519,000 EUR · to 62,981,353.49 EUR · in cash
- 22-07-2022 Capital reduction of 26,562,168.88 EUR · to 30,015,394.40 EUR · to absorb losses
Show 12 older capital entries
- 22-07-2022 Capital increase of 29,519,000 EUR · to 59,534,394.40 EUR · in cash
- 05-01-2022 Capital reduction of 27,166,139.62 EUR · to 28,547,563.28 EUR · to absorb losses
- 05-01-2022 Capital increase of 28,030,000 EUR · to 56,577,563.28 EUR · in cash
- 31-12-2020 Capital reduction of 25,808,614 EUR · to 29,782,702.90 EUR · to absorb losses
- 31-12-2020 Capital increase of 25,931,000 EUR · to 55,713,702.90 EUR · in cash
- 03-06-2019 Capital reduction of 59,558,328.45 EUR · to 5,869,316.90 EUR · to absorb losses
- 03-06-2019 Capital increase of 49,722,000 EUR · to 55,591,316.90 EUR · in cash
- 08-08-2018 Capital stated in the act · 65,427,645.35 EUR · 50,000 shares
- 24-11-2014 Capital reduction of 47,643,414.65 EUR · to 35,306,586.35 EUR · to absorb losses
- 24-11-2014 Capital increase of 30,121,059 EUR · to 65,427,645.35 EUR · in cash
- 26-06-2012 Capital increase of 7,950,000 EUR · to 82,950,001 EUR · “sans émission d'action nouvelles”
- 14-06-2011 Capital increase of 1 EUR · to 75,000,001 EUR · no new shares · in kind
Public money · subsidies and aid
European research
2 projects · 345,675 EUR EU contributionSimilar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.