ACTIVE

ARCELORMITTAL BELGIUM

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Financial year 2025 · closed on 31/12/2025

Net result

152 M €

-47.9% YoY

Revenue

4,9 Md €

-4.2% YoY

Equity

1,7 Md €

-3.6% YoY

Workforce

5 838,8 ETP

-0.7% YoY

What does ARCELORMITTAL BELGIUM do?

ARCELORMITTAL BELGIUM is a Public limited company incorporated in 1962. Its registered office is in Bruxelles. It employs on average 5 838,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0400.106.291

Incorporation

10/07/1962

Legal form

Public limited company

Registered office

Boulevard de l'Impératrice 66
1000 Bruxelles · BruxellesSee on map

Contributed capital

477 690 063,68 €

Latest accounts

31/12/2025

Average workforce

5 838,8 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2010		2009		2008		2007
Income statement
Revenue	4,9 Md €	-4.2%	5,1 Md €	-11.5%	5,8 Md €	-9.8%	6,4 Md €	+32.6%	4,8 Md €	+42.7%	3,4 Md €	-28.2%	4,7 Md €	-8.5%	5,1 Md €	+2.0%	5 Md €	+27.5%	3,9 Md €	+5.1%	3,8 Md €	-1.8%	3,8 Md €	-3.0%	3,9 Md €	-11.1%	4,4 Md €	+15.0%	3,9 Md €	+26.6%	3 Md €	-28.8%	4,3 Md €	-6.5%	4,6 Md €
EBITDA	235,2 M €	-9.3%	259,2 M €	+10.6%	234,5 M €	-80.8%	1,2 Md €	+79.9%	680,1 M €	+439%	126,1 M €	-22.5%	162,6 M €	-63.1%	440,3 M €	-25.5%	590,7 M €	+83.4%	322,1 M €	+28.5%	250,7 M €	+111%	118,5 M €	+161%	-192,8 M €	+47.1%	-364,7 M €	-288%	194,4 M €	+35.9%	143,1 M €	-13.2%	164,8 M €	-77.6%	736,9 M €
Operating result	47,2 M €	-60.0%	117,9 M €	-0.8%	118,9 M €	-87.2%	930,7 M €	+62.1%	574,2 M €	+947%	54,8 M €	+162%	-88,4 M €	-143%	206,3 M €	-53.6%	444,3 M €	+77.1%	251 M €	+71.3%	146,5 M €	+5421%	-2,8 M €	+99.1%	-292 M €	+33.7%	-440,6 M €	-814%	61,7 M €	+13019%	-477,9 k €	-103%	16 M €	-97.1%	555,9 M €
Net result	152 M €	-47.9%	291,6 M €	+56.3%	186,6 M €	-77.6%	834,1 M €	+38.4%	602,5 M €	+598%	86,4 M €	+203%	-83,8 M €	-128%	294,6 M €	-37.8%	473,3 M €	+78.9%	264,5 M €	+6.1%	249,4 M €	+877%	25,5 M €	+109%	-285,8 M €	+9.7%	-316,3 M €	-635%	59,1 M €	+1030%	5,2 M €	-85.8%	36,9 M €	-94.7%	690,4 M €
Balance sheet
Equity	1,7 Md €	-3.6%	1,7 Md €	+2.5%	1,7 Md €	+13.2%	1,5 Md €	+29.3%	1,1 Md €	+34.6%	854,2 M €	-1.6%	868 M €	-33.2%	1,3 Md €	-4.1%	1,4 Md €	+53.6%	881,7 M €	+42.8%	617,5 M €	-19.6%	768,3 M €	-38.1%	1,2 Md €	-18.7%	1,5 Md €	-7.9%	1,7 Md €	-2.1%	1,7 Md €	+0.3%	1,7 Md €	+0.5%	1,7 Md €
Total assets	4,5 Md €	-1.1%	4,6 Md €	+2.9%	4,5 Md €	-0.9%	4,5 Md €	+7.4%	4,2 Md €	+20.9%	3,5 Md €	-7.9%	3,8 Md €	-9.5%	4,2 Md €	+1.8%	4,1 Md €	+11.6%	3,7 Md €	+68.5%	2,2 Md €	-4.0%	2,3 Md €	-22.2%	2,9 Md €	-9.6%	3,2 Md €	-55.5%	7,3 Md €	+103%	3,6 Md €	+22.7%	2,9 Md €	-21.0%	3,7 Md €
Cash	31 M €	+514%	5,1 M €	+44.3%	3,5 M €	-67.3%	10,7 M €	+139%	4,5 M €	+41.5%	3,2 M €	+5284%	58,8 k €	-96.5%	1,7 M €	+1934%	81,9 k €	-97.7%	3,5 M €	+523%	563,9 k €	-81.4%	3 M €	+163%	1,2 M €	+160%	445,2 k €	-53.0%	946,3 k €	+46.5%	646,1 k €	-20.7%	814,4 k €	-71.8%	2,9 M €
Debts	2,3 Md €	-2.5%	2,4 Md €	+6.4%	2,3 Md €	-8.7%	2,5 Md €	-5.4%	2,6 Md €	+21.9%	2,1 Md €	-9.6%	2,4 Md €	-0.1%	2,4 Md €	+6.8%	2,2 Md €	-0.7%	2,2 Md €	+137%	947,2 M €	+15.6%	819,4 M €	-5.7%	869 M €	-18.0%	1,1 Md €	-79.7%	5,2 Md €	+257%	1,5 Md €	+84.6%	792,5 M €	-48.4%	1,5 Md €
Other
Workforce	5 838,8 ETP	-0.7%	5 878,7 ETP	+1.4%	5 795,8 ETP	+1.4%	5 718,1 ETP	+2.9%	5 557,0 ETP	-1.5%	5 641,4 ETP	-6.8%	6 054,7 ETP	-4.4%	6 332,4 ETP	-1.3%	6 416,1 ETP	-2.5%	6 579,3 ETP	+0.0%	6 578,9 ETP	-6.3%	7 019,3 ETP	-9.0%	7 714,1 ETP	-4.2%	8 049,0 ETP	+16.9%	6 886,6 ETP	-6.9%	7 399,8 ETP	-8.6%	8 096,8 ETP	+1.1%	8 005,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 M€ and 1.000 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 94 ended

Active mandates

Karima EL SAMMAA

Director · since 08 juillet 2025 · until 03 mai 2028

Active

Manfred VAN VLIERBERGHE

Director · since 01 janvier 2025 · until 03 mai 2028

Active

Ramesh Kumar KOTHARI

Director · since 09 avril 2019 · until 03 mai 2028

Active

Geert VAN POELVOORDE

Chairman of the board of directors · since 02 octobre 2014 · until 03 mai 2028

Active

ARCELORMITTAL HOLDING AND SERVICES BELGIUM

Director · since 01 juillet 2006 · until 03 mai 2028 · 0429.496.204

Represented by Francis LEFEVRE

Active

Ended mandates

Frederik VAN DE VELDE

Director · since 05 juillet 2023 · until 07 mai 2025

Ended

Hilde VAN GREMBERGE

Director · since 01 mai 2022 · until 08 mai 2024

Ended

Hilde Van Grembergen

Director · since 01 mai 2022 · until 08 mai 2024

Ended

Hilde VAN GREMBERGEN

Director · since 01 mai 2022 · until 07 mai 2025

Ended

At this address

Other companies at this address

Company	CBE no.
AMDS HOLDING BELGIUM● Active	0771.541.166
ARCELORMITTAL HOLDING AND SERVICES BELGIUM● Active	0429.496.204
H.G. Tulkens et Compagnie● Liquidation	0403.296.997
UNION OF THE ELECTRICITY INDUSTRY-EURELECTRIC - UNION DE L'INDUSTRIE ELECTRIQUE-EURELECTRIC● Active	0462.679.112

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/06/2026	25/06/2025	29/07/2024	23/05/2023	19/06/2022	12/07/2021
General meeting	06/05/2026	22/05/2025	22/05/2024	03/05/2023	06/05/2022	29/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

55 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	06/05/2026	29/06/2026	French	PDF
Full model	31/12/2024	22/05/2025	25/06/2025	French	PDF
Full model	31/12/2024	22/05/2025	25/06/2025	Dutch	PDF
Full modelCorrection	31/12/2023	22/05/2024	29/07/2024	French	PDF
Full modelCorrection	31/12/2023	22/05/2024	29/07/2024	Dutch	PDF
Full model	31/12/2023	22/05/2024	25/06/2024	Dutch	PDF
Full model	31/12/2023	22/05/2024	25/06/2024	French	PDF
Full model	31/12/2022	03/05/2023	23/05/2023	French	PDF
Full model	31/12/2022	03/05/2023	23/05/2023	Dutch	PDF
Full model	31/12/2021	06/05/2022	19/06/2022	French	PDF
Full model	31/12/2021	06/05/2022	16/06/2022	Dutch	PDF
Full model	31/12/2020	29/06/2021	12/07/2021	French	PDF
Full model	31/12/2020	29/06/2021	09/07/2021	Dutch	PDF
Full modelCorrection	31/12/2019	07/07/2020	23/07/2020	Dutch	PDF
Full model	31/12/2019	07/07/2020	09/07/2020	Dutch	PDF
Full model	31/12/2019	07/07/2020	09/07/2020	French	PDF
Full model	31/12/2018	02/05/2019	29/05/2019	French	PDF
Full model	31/12/2018	02/05/2019	29/05/2019	Dutch	PDF
m121-f-p	31/12/2018	02/06/2019	02/07/2019	Dutch	PDF
Full model	31/12/2017	02/05/2018	11/06/2018	Dutch	PDF
Full model	31/12/2017	02/05/2018	11/06/2018	French	PDF
m121-f-p	31/12/2017	02/05/2018	22/06/2018	Dutch	PDF
Full model	31/12/2016	08/06/2017	16/06/2017	French	PDF
Full model	31/12/2016	08/06/2017	16/06/2017	Dutch	PDF

View all 55 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 M€ and 1.000 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 94 ended

Active mandates

Karima EL SAMMAA

Director · since 08 juillet 2025 · until 03 mai 2028

Active

Manfred VAN VLIERBERGHE

Director · since 01 janvier 2025 · until 03 mai 2028

Active

Ramesh Kumar KOTHARI

Director · since 09 avril 2019 · until 03 mai 2028

Active

Geert VAN POELVOORDE

Chairman of the board of directors · since 02 octobre 2014 · until 03 mai 2028

Active

ARCELORMITTAL HOLDING AND SERVICES BELGIUM

Director · since 01 juillet 2006 · until 03 mai 2028 · 0429.496.204

Represented by Francis LEFEVRE

Active

Ended mandates

Frederik VAN DE VELDE

Director · since 05 juillet 2023 · until 07 mai 2025

Ended

Hilde VAN GREMBERGE

Director · since 01 mai 2022 · until 08 mai 2024

Ended

Hilde Van Grembergen

Director · since 01 mai 2022 · until 08 mai 2024

Ended

Hilde VAN GREMBERGEN

Director · since 01 mai 2022 · until 07 mai 2025

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/04/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates25/02/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates24/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/03/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates03/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/02/2025
DEMISSIONS, NOMINATIONS
PDF
Other08/05/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other08/05/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025152 M €↓
08/07/2025
nominationKarima El Sammaa — administrateur
10/06/2025
reconductionEvelien De GROOTE — Commissaire
01/01/2025
nominationManfred Van Vlierberghe — administrateur
01/01/2025
nominationFrederik Van De Velde — chargé de la gestion journalière
01/01/2025
nominationManfred Van Vlierberghe — bestuurder
01/01/2025
nominationFrederik Van De Velde — persoon belast met dagelijks bestuur (CEO)
2024
Annual accounts 2024291,6 M €↑
2023
Annual accounts 2023186,6 M €↓
05/07/2023
nominationFrederik Van De Velde — administrateur
05/07/2023
nominationFrederik Van De Velde — bestuurder
05/07/2023
nominationFrederik Van De Velde — vervanger van Marc Vereecke
2023
Name changeAM Belgium NV
2022
Annual accounts 2022834,1 M €↑
04/05/2022
nominationHilde Van Grembergen — bestuurder
04/05/2022
nominationHilde Van Grembergen — administrateur
04/05/2022
nominationErnst & Young Réviseurs d'Entreprises SRL — commissaire
2021
Annual accounts 2021602,5 M €↑
2020
Annual accounts 202086,4 M €↑
2019
Annual accounts 2019-83,8 M €↓
2018
Annual accounts 2018294,6 M €↓
2017
Annual accounts 2017473,3 M €↑
2016
Annual accounts 2016264,5 M €↑
2015
Annual accounts 2015249,4 M €↑
2014
Annual accounts 201425,5 M €↑
2013
Annual accounts 2013-285,8 M €↑
2012
Annual accounts 2012-316,3 M €↓
2010
Annual accounts 201059,1 M €↑
2009
Annual accounts 20095,2 M €↓
2008
Annual accounts 200836,9 M €↓
2007
Annual accounts 2007690,4 M €
2007
Name changeARCELORMITTAL BELGIUM
10/07/1962
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ARCELORMITTAL BELGIUM

Overview

What does ARCELORMITTAL BELGIUM do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline