ACTIVE

Honeywell

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result
6,7 M €
-5,2 %over 1 year
Revenue
114,9 M €
-3,7 %over 1 year
Equity
26,6 M €
+33,3 %over 1 year
Workforce
329,1 ETP
+3,7 %over 1 year

Identity

Source · BCE/KBO

Honeywell is a Public limited company incorporated in 1946. Its main activity is: Wholesale of information and communication equipment. Its registered office is in Machelen (Brab.). It employs on average 329,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0402.220.891
Incorporation
29/11/1946
Legal form
Public limited company
Registered office
Hermeslaan 1H
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital
3 148 130,36 €
Latest accounts
31/12/2025
Average workforce
329,1 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 39 filings

Trend over 8 financial years

20252024202320222021
Income statement
Revenue114,9 M €119,4 M €105,6 M €94,2 M €82,9 M €
EBITDA10,4 M €7,4 M €13,7 M €10,1 M €16,1 M €
Operating result10,3 M €9,5 M €11,4 M €9,6 M €16,1 M €
Net result6,7 M €7 M €7,6 M €-9,2 M €-26,1 M €
Balance sheet
Equity26,6 M €20 M €12,9 M €5,4 M €14,5 M €
Total assets84,5 M €60,5 M €62,2 M €51,9 M €76 M €
Cash3,5 M €2,6 M €2,8 M €10,4 M €8,8 M €
Debts48,6 M €25,1 M €21,6 M €32,9 M €51,9 M €
Other
Workforce329,1 ETP317,4 ETP314,0 ETP343,8 ETP263,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 10 ended

Active mandates

Van de Velde Geert

Director · since 24 mai 2024 · until 29 juin 2029

Active
Wellemans Erik

Director · since 01 janvier 2023 · until 31 décembre 2028

Active
Van Moldergem Jürgen Liliane Carlo

Director · since 23 mars 2022 · until 22 février 2028

Active
Verhamme Ignace

Director · since 07 janvier 2017 · until 30 juin 2029

Active

Ended mandates

Van Moldergem Jürgen Liliane Carlo

Director · since 23 février 2022 · until 22 février 2028

Ended
Verhamme Ignace

Director · since 29 juin 2018 · until 28 mai 2024

Ended
Ignace Verhamme

Director · since 01 juillet 2017 · until 30 juin 2018

Ended
Verhamme Ignace

Director · since 07 janvier 2017 · until 28 mai 2024

Ended

Other companies at this address

Hermeslaan 1H 1831 Machelen (Brab.)
CompanyCBE no.
Compass Group Belgium● Active
0408.364.753
ELSTER WATER METERING● Active
0538.729.387
EnergyICT● Active
0443.515.573
Honeywell● Active
0421.776.982
Honeywell Aerospace Belgium● Active
1027.197.237
HONEYWELL ANALYTICS● Active
0446.601.559
Honeywell Europe● Active
0412.674.127
PITTWAY● Active
0695.418.635
U O P● Active
0436.044.296
UOP PRODUCTS BELGIUM● Active
0893.676.737

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 date11/09/202625/08/202522/08/202424/08/202317/08/202222/07/2021
General meeting30/06/202630/06/202519/08/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 39 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202611/09/2026DutchPDF
Full model31/12/202430/06/202525/08/2025DutchPDF
Full model31/12/202319/08/202422/08/2024DutchPDF
Full model31/12/202230/06/202324/08/2023DutchPDF
Full model31/12/202130/06/202217/08/2022DutchPDF
Full model31/12/202030/06/202122/07/2021DutchPDF
Full modelCorrection31/12/201931/07/202017/12/2020DutchPDF
Full model31/12/201931/07/202027/08/2020DutchPDF
Full model31/12/201814/08/201921/11/2019DutchPDF
Full model31/12/201814/08/201927/09/2019FrenchPDF
Full model31/12/201729/06/201826/07/2018DutchPDF
Full model31/12/201729/06/201826/07/2018FrenchPDF
Full model31/12/201630/06/201710/08/2017DutchPDF
Full model31/12/201630/06/201710/08/2017FrenchPDF
Full model31/12/201527/06/201604/08/2016DutchPDF
Full model31/12/201527/06/201604/08/2016FrenchPDF
Full model31/12/201425/06/201502/07/2015FrenchPDF
Full model31/12/201425/06/201502/07/2015DutchPDF
Full model31/12/201326/06/201430/06/2014DutchPDF
Full model31/12/201326/06/201430/06/2014FrenchPDF
Full model31/12/201225/06/201304/07/2013FrenchPDF
Full model31/12/201225/06/201304/07/2013DutchPDF
Full model31/12/201129/06/201218/07/2012DutchPDF
Full model31/12/201129/06/201218/07/2012FrenchPDF

View all 39 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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

4 active · 10 ended

Active mandates

Van de Velde Geert

Director · since 24 mai 2024 · until 29 juin 2029

Active
Wellemans Erik

Director · since 01 janvier 2023 · until 31 décembre 2028

Active
Van Moldergem Jürgen Liliane Carlo

Director · since 23 mars 2022 · until 22 février 2028

Active
Verhamme Ignace

Director · since 07 janvier 2017 · until 30 juin 2029

Active

Ended mandates

Van Moldergem Jürgen Liliane Carlo

Director · since 23 février 2022 · until 22 février 2028

Ended
Verhamme Ignace

Director · since 29 juin 2018 · until 28 mai 2024

Ended
Ignace Verhamme

Director · since 01 juillet 2017 · until 30 juin 2018

Ended
Verhamme Ignace

Director · since 07 janvier 2017 · until 28 mai 2024

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/06/2024
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Other24/11/2023
    DIVERSEN
    PDF
  • Restructuring28/12/2022
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/10/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates29/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20256,7 M €↓
  2. 2024
    Annual accounts 20247 M €↓
  3. 20/08/2024
    reconductionIgnace Verhamme — bestuurder
  4. 25/04/2024
    nominationGeert Van de Velde — bestuurder
  5. 2023
    Annual accounts 20237,6 M €↑
  6. 01/01/2023
    reconductionWellemans Eric — bestuurder
  7. 2022
    Annual accounts 2022-9,2 M €↑
  8. 2021
    Annual accounts 2021-26,1 M €↓
  9. 01/01/2021
    nominationCarl Laschet — vaste vertegenwoordiger van de commissaris
  10. 2020
    Annual accounts 20207,2 M €↓
  11. 2017
    Annual accounts 201710 M €↓
  12. 2016
    Annual accounts 201610,2 M €
  13. 29/11/1946
    IncorporationPublic limited company