ACTIVE

Affilips

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Financial year 2025 · Closed on 31/12/2025

Net result13,1 M €+2,7 %over 1 year

Revenue176,4 M €-3,1 %over 1 year

Equity54,3 M €+1,1 %over 1 year

Workforce109,4 ETP-1,0 %over 1 year

Identity

Source · BCE/KBO

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

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
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 €
EBITDA	17,6 M €	-5.0%	18,5 M €	-11.3%	20,9 M €	-9.1%	23 M €	+0.0%	23 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 €
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 €
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 €
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 €
Cash	523,5 k €	-95.0%	10,5 M €	+2817%	359,8 k €	-4.7%	377,5 k €	-50.7%	765,2 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 €
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

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Leo Kestens	Director01/01/2023 → 20/06/2026
P.S. Cohn	Chairman of the board of directors21/06/2020 → 20/06/2026Managing director20/03/2001 → 2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Roger Van Geerteruy	Director21/06/2020 → 2021 accounts
R.M.G. VAN GEERTERUY	Director21/06/2008 → 2019 accounts
E.H. WETTINCK	Chairman of the board of directors16/06/1996 → 22/08/2007

Full financial information

Source · NBB

	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

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

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Leo Kestens	Director01/01/2023 → 20/06/2026
P.S. Cohn	Chairman of the board of directors21/06/2020 → 20/06/2026Managing director20/03/2001 → 2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Roger Van Geerteruy	Director21/06/2020 → 2021 accounts
R.M.G. VAN GEERTERUY	Director21/06/2008 → 2019 accounts
E.H. WETTINCK	Chairman of the board of directors16/06/1996 → 22/08/2007

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

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

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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

Leo Kestens

P.S. Cohn

Roger Van Geerteruy

R.M.G. VAN GEERTERUY

E.H. WETTINCK

19681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Affilips

Biezenstraat 26-31, 3300 Tienen

Director

Chairman of the board of directorsManaging director

Director

Chairman of the board of directors

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Biezenstraat 26-31, 3300 TienenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00206427

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
AffilipsCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00206427

Events

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

Affilips

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events