ACTIVE

Samsonite Europe

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Financial year 2025 · Closed on 31/12/2025

Net result123,5 M €-13,9 %over 1 year
Revenue529,1 M €-3,2 %over 1 year
Equity369,4 M €-1,7 %over 1 year
Workforce685,4 ETP-1,8 %over 1 year

Identity

Source · BCE/KBO

Samsonite Europe is a Public limited company incorporated in 1966. Its main activity is: Manufacture of luggage, handbags and the like, saddlery and harness. Its registered office is in Oudenaarde. It employs on average 685,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0400.245.655
Incorporation
07/04/1966
Legal form
Public limited company
Registered office
Westerring 17
9700 Oudenaarde · FlandreSee on map
Contributed capital
226 548 453,63 €
Latest accounts
31/12/2025
Average workforce
685,4 ETP
Joint committees (4)
  • 111
  • 12803
  • 209
  • 218
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 40 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue529,1 M €546,5 M €557,1 M €485,7 M €240,1 M €
EBITDA110,5 M €111,5 M €99,6 M €88,6 M €7,1 M €
Operating result91,1 M €88,6 M €73,7 M €57,6 M €-4,3 M €
Net result123,5 M €143,4 M €104,5 M €28,8 M €-782,5 k €
Balance sheet
Equity369,4 M €375,8 M €372,4 M €347,9 M €334,1 M €
Total assets592,7 M €662,3 M €618 M €586,1 M €589,4 M €
Cash72,1 M €120,7 M €74,2 M €26,1 M €74,4 M €
Debts209,2 M €269,9 M €229,8 M €217,2 M €241,6 M €
Other
Workforce685,4 ETP698,1 ETP657,0 ETP585,3 ETP550,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 M€ and 1.000 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 9 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Thomas Roy Pizzuti
Director02/02/2026 → 30/06/2026
Damien Mignot
Managing director01/07/2025 → 30/06/2027
Fabio Rugarli
Managing director17/02/2009 → 30/06/2027Voorzitter en gedelegeerd bestuurder30/06/2021 → 2021 accountsendedMandate30/06/2015 → 2020 accountsended
Kyle GENDREAU
Managing director14/07/2010 → 30/06/2027Directorlisted until the 2008 accountsended
Reza Taleghani
Managing director06/05/2019 → 30/06/2027

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
John Livingston
Directorlisted until the 2017 accounts
Arne BORREY
Mandatelisted until the 2016 accounts
Ramesh TAINWALA
Managing director30/06/2015 → 2017 accounts

Other companies at this address

Westerring 17 9700 Oudenaarde
CompanyCBE no.
ABOUTBAGS● Active
0681.881.789
Samsonite Belgium Holdings● Active
0550.947.033

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/07/202610/07/202530/07/202426/07/202325/07/202228/07/2021
General meeting30/06/202630/06/202501/07/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 40 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202623/07/2026DutchPDF
Full model31/12/202430/06/202510/07/2025DutchPDF
Consolidated accounts31/12/2024—10/07/2025DutchPDF
Full model31/12/202301/07/202430/07/2024DutchPDF
Consolidated accounts31/12/2023—30/07/2024DutchPDF
Full model31/12/202230/06/202326/07/2023DutchPDF
Consolidated accounts31/12/2022—26/07/2023DutchPDF
Full model31/12/202130/06/202225/07/2022DutchPDF
Consolidated accounts31/12/202131/12/202125/07/2022DutchPDF
Full model31/12/202030/06/202128/07/2021DutchPDF
Consolidated accounts31/12/202001/01/999928/07/2021DutchPDF
Full model31/12/201910/08/202031/08/2020DutchPDF
Consolidated accounts31/12/201918/03/202031/08/2020DutchPDF
Full model31/12/201801/07/201931/07/2019DutchPDF
Consolidated accounts31/12/201801/01/999931/07/2019DutchPDF
Full model31/12/201702/07/201812/07/2018DutchPDF
Consolidated accounts31/12/201714/03/201812/07/2018DutchPDF
Full model31/12/201626/06/201731/07/2017DutchPDF
Consolidated accounts31/12/201615/03/201731/07/2017DutchPDF
Full modelCorrection31/12/201530/06/201627/09/2016DutchPDF
Full model31/12/201530/06/201612/07/2016DutchPDF
Consolidated accounts31/12/201513/03/201601/08/2016DutchPDF
Full model31/12/201430/06/201527/07/2015DutchPDF
Consolidated accounts31/12/201417/03/201520/07/2015DutchPDF

View all 40 filings

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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 9 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Thomas Roy Pizzuti
Director02/02/2026 → 30/06/2026
Damien Mignot
Managing director01/07/2025 → 30/06/2027
Fabio Rugarli
Managing director17/02/2009 → 30/06/2027Voorzitter en gedelegeerd bestuurder30/06/2021 → 2021 accountsendedMandate30/06/2015 → 2020 accountsended
Kyle GENDREAU
Managing director14/07/2010 → 30/06/2027Directorlisted until the 2008 accountsended
Reza Taleghani
Managing director06/05/2019 → 30/06/2027

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
John Livingston
Directorlisted until the 2017 accounts
Arne BORREY
Mandatelisted until the 2016 accounts
Ramesh TAINWALA
Managing director30/06/2015 → 2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates13/07/2026
    BEKRACHTIGING MANDAAT BESTUURDER - BENOEMING GEDELEGEERD:
    PDF
  • Mandates18/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares03/08/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Thomas Roy Pizzuti
Damien Mignot
Fabio Rugarli
Reza Taleghani
Kyle GENDREAU
John Livingston
Arne BORREY
Ramesh TAINWALA
Timothy PARKER
Tim PARKER
Marcello BOTTOLI
Marc MATTON
19661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027
Samsonite Europe
Westerring 17, 9700 Oudenaarde
Managing director
Managing director
Managing director
Managing director
Managing director
Managing director
Managing director
Managing director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Westerring 17, 9700 OudenaardeCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00319887

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Samsonite EuropeCurrent
accounts 2006 → 2025
Accounts 2025 · 2026-00319887

Events

  1. 02/02/2026
    nominationThomas Roy Pizzuti · bestuurder
  2. 2025
    Annual accounts 2025123,5 M €↓
  3. 01/07/2025
    nominationDamien Mignot · bestuurder
  4. 2024
    Annual accounts 2024143,4 M €↑
  5. 01/07/2024
    reconductionKyle Gendreau · bestuurder
  6. 01/07/2024
    reconductionFabio Rugarli · bestuurder
  7. 01/07/2024
    reconductionReza Taleghani · bestuurder
  8. 24/04/2024
    nominationJoachim Hoebeeck · vaste vertegenwoordiger van de commissaris
  9. 2023
    Annual accounts 2023104,5 M €↑
  10. 03/07/2023
    nominationOlivier Declercq · vaste vertegenwoordiger van de commissaris
  11. 2022
    Annual accounts 202228,8 M €↑
  12. 30/06/2022
    reconductionKPMG Bedrijfsrevisoren BV/SRL · commissaris
  13. 30/06/2022
    nominationMike Boonen · vaste vertegenwoordiger
  14. 2021
    Annual accounts 2021-782,5 k €↑
  15. 2020
    Annual accounts 2020-121,8 M €↓
  16. 2019
    Annual accounts 201930,3 M €↓
  17. 2018
    Annual accounts 201851,5 M €↓
  18. 2017
    Annual accounts 201753,1 M €↓
  19. 2016
    Annual accounts 201654,3 M €↑
  20. 2015
    Annual accounts 201549,2 M €↓
  21. 2014
    Annual accounts 201459,9 M €↑
  22. 2013
    Annual accounts 201343,8 M €↑
  23. 2012
    Annual accounts 201241,3 M €↑
  24. 2011
    Annual accounts 201140,9 M €↓
  25. 2010
    Annual accounts 201060,5 M €↑
  26. 2009
    Annual accounts 2009-21,2 M €↓
  27. 2008
    Annual accounts 20089,7 M €↓
  28. 2007
    Annual accounts 200730,9 M €↑
  29. 2006
    Annual accounts 200621,1 M €
  30. 07/04/1966
    IncorporationPublic limited company