ACTIVE

DOREL BELGIUM

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Financial year 2025 · closed on 31/12/2025

Net result

195,9 k €

+286.0% YoY

Revenue

10,0 M €

-26.4% YoY

Equity

5,3 M €

+11.1% YoY

Workforce

4,0 ETP

0.0% YoY

What does DOREL BELGIUM do?

DOREL BELGIUM is a Public limited company incorporated in 1945. Its registered office is in Antwerpen. It employs on average 4,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0402.122.012

Incorporation

28/12/1945

Legal form

Public limited company

Registered office

Filip Williotstraat 9
2600 Antwerpen · FlandreSee on map

Contributed capital

520 576,00 €

Latest accounts

31/12/2025

Average workforce

4,0 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2020		2019		2018		2017		2016		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	10,0 M €	-26.4%	13,6 M €	-19.6%	16,9 M €	-2.3%	17,3 M €	-1.6%	17,5 M €	-8.4%	19,1 M €	-7.1%	20,6 M €	+8.0%	19,1 M €	+0.1%	19,1 M €	+1.3%	18,8 M €	+2.7%	18,3 M €	+89.4%	9,7 M €	-0.2%	9,7 M €	+14.1%	8,5 M €	-11.4%	9,6 M €
EBITDA	201,2 k €	-83.8%	1,2 M €	+48.9%	832,4 k €	-3.6%	863,3 k €	-64.2%	2,4 M €	+18.2%	2,0 M €	+32.5%	1,5 M €	+10.3%	1,4 M €	-8.6%	1,5 M €	-21.6%	1,9 M €	+17.8%	1,7 M €	+173%	605,7 k €	-52.7%	1,3 M €	+36.9%	935,9 k €	+43.6%	651,7 k €
Operating result	269,2 k €	+86.0%	144,7 k €	-82.6%	832,4 k €	-3.5%	862,4 k €	-64.2%	2,4 M €	+21.3%	2,0 M €	+37.0%	1,5 M €	+3.1%	1,4 M €	-4.4%	1,5 M €	-22.9%	1,9 M €	+16.1%	1,6 M €	+177%	593,2 k €	-53.4%	1,3 M €	+36.9%	929,7 k €	+40.3%	662,4 k €
Net result	195,9 k €	+286%	-105,3 k €	-127%	389,3 k €	+2.9%	378,3 k €	-75.9%	1,6 M €	+25.3%	1,3 M €	+63.2%	767,4 k €	+4.0%	737,9 k €	-5.9%	784,3 k €	-29.6%	1,1 M €	+16.2%	957,8 k €	+173%	351,4 k €	-57.2%	820,3 k €	+37.5%	596,5 k €	+32.5%	450,2 k €
Balance sheet
Equity	5,3 M €	+11.1%	4,8 M €	-2.2%	4,9 M €	+8.7%	4,5 M €	+9.2%	4,1 M €	+61.9%	2,5 M €	+331%	588,1 k €	0.0%	588,1 k €	-0.0%	588,1 k €	0.0%	588,1 k €	0.0%	588,1 k €	0.0%	588,1 k €	0.0%	588,1 k €	0.0%	588,1 k €	-0.0%	588,2 k €
Total assets	8,2 M €	+42.1%	5,8 M €	+5.0%	5,5 M €	-6.8%	5,9 M €	-2.6%	6,1 M €	+62.9%	3,7 M €	-38.3%	6,0 M €	+11.9%	5,4 M €	-9.1%	5,9 M €	+5.1%	5,6 M €	+2.4%	5,5 M €	+70.2%	3,2 M €	+14.0%	2,8 M €	+24.5%	2,3 M €	+3.9%	2,2 M €
Cash	121,4 k €	+994%	11,1 k €	-21.5%	14,1 k €	+347%	3,2 k €	-98.3%	188,7 k €	+273%	50,5 k €	-85.3%	344,5 k €	-14.8%	404,4 k €	+319%	96,6 k €	+14683%	653,5 €	-99.6%	178,0 k €	+62.7%	109,4 k €	+173%	40,1 k €	-73.9%	153,7 k €	+75.8%	87,5 k €
Debts	2,9 M €	+188%	1,0 M €	+60.5%	628,0 k €	-53.6%	1,4 M €	-20.8%	1,7 M €	+110%	812,9 k €	-85.0%	5,4 M €	+13.3%	4,8 M €	-9.9%	5,3 M €	+6.9%	5,0 M €	+2.8%	4,8 M €	+87.2%	2,6 M €	+17.6%	2,2 M €	+34.7%	1,6 M €	+5.6%	1,5 M €
Other
Workforce	4,0 ETP	0.0%	4,0 ETP	-20.0%	5,0 ETP	-9.1%	5,5 ETP	-8.3%	6,0 ETP	-22.1%	7,7 ETP	-42.1%	13,3 ETP	-8.9%	14,6 ETP	+17.7%	12,4 ETP	-17.9%	15,1 ETP	-9.0%	16,6 ETP	+41.9%	11,7 ETP	-4.1%	12,2 ETP	-3.2%	12,6 ETP	-20.3%	15,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 32 ended

Active mandates

Diogo Dos Santos Ferreira Pires

Director · since 02 mars 2026 · until 01 mars 2032

Active

Raul Sepulveda

Director · since 02 mars 2026 · until 01 mars 2032

Active

Ended mandates

Diogo Pereira dos Santos Ferreira Pires

Director · since 29 janvier 2022 · until 01 mars 2026

Ended

Raul Sepulveda Gonzales

Director · since 02 mars 2020 · until 30 juin 2026

Ended

Willemien Boot

Director · since 02 mars 2020 · until 29 janvier 2022

Ended

Willemien Boot

Director · since 02 mars 2020 · until 30 juin 2026

Ended

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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	31/07/2026	25/07/2025	11/12/2024	20/02/2024	23/10/2023	21/03/2022
General meeting	31/07/2026	25/07/2025	27/11/2024	19/02/2024	20/10/2023	14/03/2022
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	31/07/2026	31/07/2026	Dutch	PDF
Full model	31/12/2024	25/07/2025	25/07/2025	Dutch	PDF
Full model	31/12/2023	27/11/2024	11/12/2024	Dutch	PDF
Full model	31/12/2022	19/02/2024	20/02/2024	Dutch	PDF
Full model	31/12/2021	20/10/2023	23/10/2023	Dutch	PDF
Full model	31/12/2020	14/03/2022	21/03/2022	Dutch	PDF
Full model	31/12/2019	11/06/2021	14/06/2021	Dutch	PDF
Full model	31/12/2018	12/04/2021	15/04/2021	Dutch	PDF
Full model	31/12/2017	09/12/2019	10/06/2020	Dutch	PDF
Full model	31/12/2016	28/09/2018	19/12/2018	Dutch	PDF
Full model	31/12/2015	27/11/2017	23/02/2018	French	PDF
Full model	31/12/2014	30/06/2015	28/08/2015	French	PDF
Full model	31/12/2013	30/06/2014	28/07/2014	French	PDF
Full model	31/12/2012	24/05/2013	29/07/2013	French	PDF
Full model	31/12/2011	10/04/2012	07/05/2012	French	PDF
Full model	31/12/2010	06/06/2011	04/07/2011	French	PDF
Full model	31/12/2009	12/04/2010	07/05/2010	French	PDF
Full model	31/12/2008	10/04/2009	08/05/2009	French	PDF
Full model	31/12/2007	15/04/2008	30/04/2008	French	PDF
Full model	31/12/2006	24/04/2007	04/05/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 32 ended

Active mandates

Diogo Dos Santos Ferreira Pires

Director · since 02 mars 2026 · until 01 mars 2032

Active

Raul Sepulveda

Director · since 02 mars 2026 · until 01 mars 2032

Active

Ended mandates

Diogo Pereira dos Santos Ferreira Pires

Director · since 29 janvier 2022 · until 01 mars 2026

Ended

Raul Sepulveda Gonzales

Director · since 02 mars 2020 · until 30 juin 2026

Ended

Willemien Boot

Director · since 02 mars 2020 · until 29 janvier 2022

Ended

Willemien Boot

Director · since 02 mars 2020 · until 30 juin 2026

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office01/04/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/07/2020
DEMISSIONS, NOMINATIONS
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 2025195,9 k €↑
2020
Annual accounts 2020-105,3 k €↓
2019
Annual accounts 2019389,3 k €↑
2018
Annual accounts 2018378,3 k €↓
2017
Annual accounts 20171,6 M €↑
2016
Annual accounts 20161,3 M €↑
2014
Annual accounts 2014767,4 k €↑
2013
Annual accounts 2013737,9 k €↓
2012
Annual accounts 2012784,3 k €↓
2011
Annual accounts 20111,1 M €↑
2010
Annual accounts 2010957,8 k €↑
2009
Annual accounts 2009351,4 k €↓
2008
Annual accounts 2008820,3 k €↑
2007
Annual accounts 2007596,5 k €↑
2006
Annual accounts 2006450,2 k €
28/12/1945
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

DOREL BELGIUM

Overview

What does DOREL BELGIUM do?

Trend over 15 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