ACTIVE

Affilips

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Financial year 2025 · closed on 31/12/2025

Net result

13,1 M €

+2.7% YoY

Revenue

176,4 M €

-3.1% YoY

Equity

54,3 M €

+1.1% YoY

Workforce

109,4 ETP

-1.0% YoY

What does Affilips do?

Affilips is a Public limited company incorporated in 1968. Its main activity is: Casting of other non-ferrous metals. Its registered office is in Tienen. It employs on average 109,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0400.925.645

Incorporation

01/01/1968

Legal form

Public limited company

Registered office

Biezenstraat 26-31
3300 Tienen · FlandreSee on map

Contributed capital

1 364 000,00 €

Latest accounts

31/12/2025

Average workforce

109,4 ETP

Activities (NACE)

24540Casting of other non-ferrous metals· main 24540Casting of other non-ferrous metals 27540Manufacture of domestic appliances

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	176,4 M €	-3.1%	182 M €	-14.0%	211,6 M €	-1.3%	214,5 M €	+14.3%	187,6 M €	+51.4%	123,9 M €	-17.6%	150,4 M €	-9.5%	166,2 M €	+6.4%	156,2 M €	+25.0%	124,9 M €	-10.1%	138,9 M €	+5.4%	131,7 M €	+0.2%	131,5 M €	-2.0%	134,2 M €	-8.7%	147 M €	+20.4%	122,1 M €	+75.6%	69,5 M €	-42.2%	120,2 M €	-16.0%	143 M €	+18.5%	120,7 M €
EBITDA	17,6 M €	-5.0%	18,5 M €	-11.3%	20,9 M €	-9.1%	23 M €	+0.0%	23 M €	+71.9%	13,4 M €	-13.4%	15,4 M €	-9.8%	17,1 M €	-4.4%	17,9 M €	+17.4%	15,2 M €	+10.7%	13,8 M €	-12.3%	15,7 M €	+32.2%	11,9 M €	+7.4%	11,1 M €	-9.6%	12,2 M €	+25.2%	9,8 M €	+58.9%	6,1 M €	-16.7%	7,4 M €	-37.9%	11,9 M €	+24.9%	9,5 M €
Operating result	17,4 M €	+1.6%	17,2 M €	-13.2%	19,8 M €	-9.8%	21,9 M €	-0.4%	22 M €	+83.8%	12 M €	-14.5%	14 M €	-11.6%	15,8 M €	-3.7%	16,4 M €	+20.3%	13,7 M €	+18.0%	11,6 M €	-13.1%	13,3 M €	+38.7%	9,6 M €	+9.0%	8,8 M €	-14.5%	10,3 M €	+26.8%	8,1 M €	+96.3%	4,1 M €	-16.9%	5 M €	-51.8%	10,3 M €	+29.6%	8 M €
Net result	13,1 M €	+2.7%	12,8 M €	-10.6%	14,3 M €	-13.0%	16,4 M €	-0.6%	16,5 M €	+82.8%	9 M €	-9.7%	10 M €	-11.5%	11,3 M €	+1.2%	11,2 M €	+15.0%	9,7 M €	+14.3%	8,5 M €	-6.3%	9,1 M €	+22.4%	7,4 M €	+9.3%	6,8 M €	-14.4%	7,9 M €	+25.3%	6,3 M €	+64.3%	3,8 M €	-12.9%	4,4 M €	-41.2%	7,5 M €	+29.6%	5,8 M €
Balance sheet
Equity	54,3 M €	+1.1%	53,7 M €	+5.4%	50,9 M €	+9.2%	46,6 M €	+9.2%	42,7 M €	+3.2%	41,4 M €	-7.7%	44,9 M €	-10.0%	49,9 M €	-6.9%	53,6 M €	-6.7%	57,4 M €	-15.2%	67,7 M €	-2.2%	69,2 M €	-7.9%	75,2 M €	+10.9%	67,8 M €	+11.1%	61 M €	+14.9%	53,1 M €	+13.5%	46,8 M €	+8.9%	42,9 M €	+11.6%	38,5 M €	+24.2%	31 M €
Total assets	78,9 M €	+7.0%	73,7 M €	+2.3%	72,1 M €	-25.4%	96,6 M €	+10.2%	87,6 M €	+28.1%	68,4 M €	-12.2%	77,9 M €	-15.0%	91,6 M €	-9.1%	100,8 M €	+5.6%	95,4 M €	-9.2%	105,1 M €	+3.6%	101,4 M €	+10.4%	91,8 M €	+13.6%	80,8 M €	+6.1%	76,1 M €	-6.4%	81,4 M €	+34.8%	60,4 M €	+6.8%	56,5 M €	+1.0%	56 M €	+24.3%	45 M €
Cash	523,5 k €	-95.0%	10,5 M €	+2817%	359,8 k €	-4.7%	377,5 k €	-50.7%	765,2 k €	+749%	90,1 k €	+180%	32,1 k €	-85.7%	224,9 k €	+11.3%	202 k €	+9.7%	184,2 k €	-76.2%	772,5 k €	+72.3%	448,4 k €	+603%	63,8 k €	-69.5%	208,8 k €	+106%	101,6 k €	+261%	28,1 k €	-67.8%	87,4 k €	-48.6%	170,2 k €	+64.7%	103,3 k €	-66.6%	308,9 k €
Debts	21,1 M €	+34.9%	15,6 M €	-6.3%	16,7 M €	-63.2%	45,4 M €	+12.8%	40,2 M €	+81.2%	22,2 M €	-20.1%	27,8 M €	-23.3%	36,2 M €	-11.2%	40,8 M €	+27.9%	31,9 M €	+3.2%	30,9 M €	+19.8%	25,8 M €	+234%	7,7 M €	+100%	3,9 M €	-33.5%	5,8 M €	-69.7%	19,2 M €	+319%	4,6 M €	+3.9%	4,4 M €	-56.0%	10 M €	+48.6%	6,7 M €
Other
Workforce	109,4 ETP	-1.0%	110,5 ETP	-2.8%	113,7 ETP	-2.9%	117,1 ETP	+2.7%	114,0 ETP	-0.1%	114,1 ETP	-2.2%	116,7 ETP	+1.6%	114,9 ETP	+3.9%	110,6 ETP	+1.7%	108,8 ETP	-0.5%	109,4 ETP	+2.5%	106,7 ETP	+0.8%	105,9 ETP	-6.3%	113,0 ETP	+0.2%	112,8 ETP	+2.8%	109,7 ETP	+1.1%	108,5 ETP	-7.3%	117,0 ETP	-3.5%	121,3 ETP	+0.3%	120,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Leo Kestens

Director · since 01 janvier 2023 · until 20 juin 2026

Active

P.S. Cohn

Chairman of the board of directors · since 21 juin 2020 · until 20 juin 2026

Active

Ended mandates

Roger Van Geerteruy

Director · since 21 juin 2020 · until 20 juin 2026

Ended

P.S. COHN

Managing director · since 21 juin 2014 · until 20 juin 2020

Ended

R.M.G. VAN GEERTERUY

Director · since 21 juin 2014 · until 20 juin 2020

Ended

P.S. COHN

Managing director · since 21 juin 2008 · until 21 juin 2014

Ended

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	25/06/2026	27/06/2025	01/07/2024	19/06/2023	22/06/2022	22/06/2021
General meeting	20/06/2026	21/06/2025	15/06/2024	17/06/2023	18/06/2022	19/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	20/06/2026	25/06/2026	Dutch	PDF
Full model	31/12/2024	21/06/2025	27/06/2025	Dutch	PDF
Full model	31/12/2023	15/06/2024	01/07/2024	Dutch	PDF
Full model	31/12/2022	17/06/2023	19/06/2023	Dutch	PDF
Full model	31/12/2021	18/06/2022	22/06/2022	Dutch	PDF
Full model	31/12/2020	19/06/2021	22/06/2021	Dutch	PDF
Full model	31/12/2019	20/06/2020	22/06/2020	Dutch	PDF
Full model	31/12/2018	15/06/2019	17/06/2019	Dutch	PDF
Full model	31/12/2017	16/06/2018	18/06/2018	Dutch	PDF
Full model	31/12/2016	17/06/2017	19/06/2017	Dutch	PDF
Full model	31/12/2015	18/06/2016	20/06/2016	Dutch	PDF
Full model	31/12/2014	20/06/2015	25/06/2015	Dutch	PDF
Full model	31/12/2013	21/06/2014	30/06/2014	Dutch	PDF
Full model	31/12/2012	15/06/2013	18/06/2013	Dutch	PDF
Full model	31/12/2011	16/06/2012	03/07/2012	Dutch	PDF
Full model	31/12/2010	18/06/2011	27/06/2011	Dutch	PDF
Full model	31/12/2009	19/06/2010	25/06/2010	Dutch	PDF
Full model	31/12/2008	20/06/2009	17/07/2009	Dutch	PDF
Full model	31/12/2007	21/06/2008	24/06/2008	Dutch	PDF
Full model	31/12/2006	16/06/2007	18/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 2 active · 9 ended

Active mandates

Leo Kestens

Director · since 01 janvier 2023 · until 20 juin 2026

Active

P.S. Cohn

Chairman of the board of directors · since 21 juin 2020 · until 20 juin 2026

Active

Ended mandates

Roger Van Geerteruy

Director · since 21 juin 2020 · until 20 juin 2026

Ended

P.S. COHN

Managing director · since 21 juin 2014 · until 20 juin 2020

Ended

R.M.G. VAN GEERTERUY

Director · since 21 juin 2014 · until 20 juin 2020

Ended

P.S. COHN

Managing director · since 21 juin 2008 · until 21 juin 2014

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/02/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/11/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/11/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/09/2016
ONTSLAGEN - BENOEMINGEN
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 202513,1 M €↑
21/06/2025
reconductionBDO Bedrijfsrevisoren BV — commissaris
2024
Annual accounts 202412,8 M €↓
2023
Annual accounts 202314,3 M €↓
2022
Annual accounts 202216,4 M €↓
18/06/2022
nominationBDO Bedrijfsrevisoren BV — commissaris-revisor
2021
Annual accounts 202116,5 M €↑
2020
Annual accounts 20209 M €↓
2019
Annual accounts 201910 M €↓
2018
Annual accounts 201811,3 M €↑
2017
Annual accounts 201711,2 M €↑
2016
Annual accounts 20169,7 M €↑
2015
Annual accounts 20158,5 M €↓
2014
Annual accounts 20149,1 M €↑
2013
Annual accounts 20137,4 M €↑
2012
Annual accounts 20126,8 M €↓
2011
Annual accounts 20117,9 M €↑
2010
Annual accounts 20106,3 M €↑
2009
Annual accounts 20093,8 M €↓
2008
Annual accounts 20084,4 M €↓
2007
Annual accounts 20077,5 M €↑
2006
Annual accounts 20065,8 M €
01/01/1968
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

Affilips

Overview

What does Affilips do?

Trend over 20 financial years

Indicative valuation

Board of directors

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