ACTIVE

Danfoss

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Financial year 2025 · closed on 31/12/2025

Net result

1,2 M €

-10.4% YoY

Revenue

29,4 M €

-8.0% YoY

Equity

1,1 M €

-10.2% YoY

Workforce

33,0 ETP

-7.6% YoY

What does Danfoss do?

Danfoss is a Public limited company incorporated in 1967. Its registered office is in Dilbeek. It employs on average 33,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0402.904.445

Incorporation

16/02/1967

Legal form

Public limited company

Registered office

Alfons Gossetlaan 54
1702 Dilbeek · FlandreSee on map

Contributed capital

327 147,00 €

Latest accounts

31/12/2025

Average workforce

33,0 ETP

Joint committees (3)

14904
200
218

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	29,4 M €	-8.0%	32 M €	-1.0%	32,3 M €	+2.3%	31,6 M €	+17.9%	26,8 M €	+5.1%	25,5 M €	-11.5%	28,8 M €	+29.2%	22,3 M €	-2.2%	22,8 M €	+2.1%	22,3 M €	-3.2%	23,1 M €	-2.6%	23,7 M €	-10.9%	26,6 M €	+12.2%	23,7 M €	+10.1%	21,5 M €	-16.9%	25,9 M €	+1.7%	25,5 M €	+8.2%	23,6 M €
EBITDA	2,2 M €	+13.1%	1,9 M €	+94.8%	984,7 k €	-39.9%	1,6 M €	+217%	516,6 k €	-48.1%	995,7 k €	+49.5%	666,1 k €	-53.7%	1,4 M €	+11.2%	1,3 M €	+66.0%	779,3 k €	-25.1%	1 M €	+2.3%	1 M €	+25.1%	813,1 k €	+49.9%	542,5 k €	-40.2%	906,6 k €	+6.4%	851,8 k €	+18.0%	722 k €	-33.2%	1,1 M €
Operating result	2 M €	+2.7%	2 M €	+124%	887 k €	-44.6%	1,6 M €	+184%	563,7 k €	-41.2%	958 k €	+49.4%	641,2 k €	-53.2%	1,4 M €	+0.7%	1,4 M €	+95.3%	696,4 k €	-32.9%	1 M €	+9.7%	946,4 k €	+29.6%	730 k €	+59.7%	457,1 k €	-45.1%	832,1 k €	+18.2%	703,9 k €	+15.1%	611,6 k €	-36.5%	962,4 k €
Net result	1,2 M €	-10.4%	1,4 M €	+216%	432,5 k €	-57.8%	1 M €	+266%	279,7 k €	-53.8%	605,8 k €	+110%	289,1 k €	-63.7%	796,4 k €	+4.7%	760,7 k €	+190%	262,3 k €	-55.2%	585,5 k €	+12.5%	520,5 k €	+34.8%	386,2 k €	+104%	188,9 k €	-57.4%	442,9 k €	+23.4%	358,9 k €	+18.1%	304 k €	-31.0%	440,8 k €
Balance sheet
Equity	1,1 M €	-10.2%	1,3 M €	+24.7%	1 M €	-54.1%	2,2 M €	+84.6%	1,2 M €	-44.5%	2,2 M €	+38.5%	1,6 M €	+50.1%	1 M €	-16.2%	1,3 M €	+5.6%	1,2 M €	+2.8%	1,2 M €	-43.4%	2 M €	-32.5%	3 M €	+14.7%	2,6 M €	+7.7%	2,4 M €	+22.1%	2 M €	+21.9%	1,6 M €	-19.4%	2 M €
Total assets	7,8 M €	+5.6%	7,4 M €	-3.8%	7,7 M €	-2.4%	7,9 M €	+26.7%	6,2 M €	+18.0%	5,3 M €	-26.8%	7,2 M €	+38.8%	5,2 M €	-1.8%	5,3 M €	+5.9%	5 M €	+7.7%	4,6 M €	-16.9%	5,6 M €	-39.6%	9,2 M €	-26.0%	12,5 M €	+55.9%	8 M €	-12.5%	9,1 M €	+40.1%	6,5 M €	+10.3%	5,9 M €
Cash	–		–		–		–		–		–		–		–		–		1,5 k €	-4.5%	1,5 k €	-39.3%	2,5 k €		–		3,5 k €	+131%	1,5 k €	-28.6%	2,1 k €	-26.5%	2,8 k €	-94.9%	55,7 k €
Debts	6,3 M €	+6.9%	5,9 M €	-8.2%	6,4 M €	+19.6%	5,4 M €	+10.0%	4,9 M €	+62.8%	3 M €	-44.3%	5,4 M €	+36.1%	4 M €	+6.4%	3,7 M €	+4.7%	3,6 M €	+9.9%	3,2 M €	-1.6%	3,3 M €	-41.9%	5,7 M €	-40.3%	9,5 M €	+87.1%	5,1 M €	-23.9%	6,7 M €	+49.6%	4,4 M €	+27.9%	3,5 M €
Other
Workforce	33,0 ETP	-7.6%	35,7 ETP	-5.6%	37,8 ETP	+3.3%	36,6 ETP	-1.1%	37,0 ETP	-4.4%	38,7 ETP	-3.0%	39,9 ETP	+12.1%	35,6 ETP	+6.3%	33,5 ETP	+1.2%	33,1 ETP	-14.7%	38,8 ETP	-12.6%	44,4 ETP	-9.9%	49,3 ETP	+6.9%	46,1 ETP	-4.4%	48,2 ETP	-7.7%	52,2 ETP	-0.6%	52,5 ETP	+4.8%	50,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 38 ended

Active mandates

Andreas LUNDQVIST

Director · since 30 mai 2025 · until 30 mai 2031

Active

Stefaan CORNEILLIE

Managing director · since 01 mars 2025

Active

Daniel Cohn

Managing director · since 01 septembre 2019

Active

Anders STAHLSCHMIDT

Director · since 06 juin 2019 · until 30 mai 2031

Active

Ended mandates

Anders Stahlschmidt

Director · since 06 juin 2019 · until 30 mai 2025

Ended

Torben CHRISTENSEN

Director · since 06 juin 2019 · until 30 mai 2025

Ended

Serge Vermeulen

Managing director · since 02 juillet 2018 · until 15 novembre 2021

Ended

Kim Kirk Christensen

Director · since 22 juin 2015 · until 30 mai 2016

Ended

At this address

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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	26/06/2026	26/06/2025	28/06/2024	05/06/2023	23/06/2022	26/11/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	26/05/2023	01/06/2022	28/05/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/05/2026	26/06/2026	Dutch	PDF
Full model	31/12/2024	30/05/2025	26/06/2025	Dutch	PDF
Full model	31/12/2023	31/05/2024	28/06/2024	Dutch	PDF
Full model	31/12/2022	26/05/2023	05/06/2023	Dutch	PDF
Full model	31/12/2021	01/06/2022	23/06/2022	Dutch	PDF
Full modelCorrection	31/12/2020	28/05/2021	26/11/2021	Dutch	PDF
Full model	31/12/2020	28/05/2021	13/07/2021	Dutch	PDF
Full model	31/12/2019	29/05/2020	22/06/2020	Dutch	PDF
Full model	31/12/2018	06/06/2019	16/07/2019	Dutch	PDF
Full model	31/12/2017	25/05/2018	27/06/2018	Dutch	PDF
Full model	31/12/2016	26/05/2017	27/06/2017	Dutch	PDF
Full model	31/12/2015	30/05/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	22/06/2015	29/06/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	10/09/2014	Dutch	PDF
Full model	31/12/2012	04/06/2013	23/08/2013	Dutch	PDF
Full model	31/12/2011	25/05/2012	25/06/2012	Dutch	PDF
Full model	31/12/2010	27/05/2011	16/06/2011	Dutch	PDF
Full model	31/12/2009	28/05/2010	31/05/2010	Dutch	PDF
Full model	31/12/2008	29/05/2009	04/06/2009	Dutch	PDF
Full model	31/12/2007	30/05/2008	02/06/2008	Dutch	PDF
Full model	31/12/2006	25/05/2007	07/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 4 active · 38 ended

Active mandates

Andreas LUNDQVIST

Director · since 30 mai 2025 · until 30 mai 2031

Active

Stefaan CORNEILLIE

Managing director · since 01 mars 2025

Active

Daniel Cohn

Managing director · since 01 septembre 2019

Active

Anders STAHLSCHMIDT

Director · since 06 juin 2019 · until 30 mai 2031

Active

Ended mandates

Anders Stahlschmidt

Director · since 06 juin 2019 · until 30 mai 2025

Ended

Torben CHRISTENSEN

Director · since 06 juin 2019 · until 30 mai 2025

Ended

Serge Vermeulen

Managing director · since 02 juillet 2018 · until 15 novembre 2021

Ended

Kim Kirk Christensen

Director · since 22 juin 2015 · until 30 mai 2016

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/05/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Other24/02/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/05/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/01/2020
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 20251,2 M €↓
2024
Annual accounts 20241,4 M €↑
2023
Annual accounts 2023432,5 k €↓
2022
Annual accounts 20221 M €↑
2021
Annual accounts 2021279,7 k €↓
2020
Annual accounts 2020605,8 k €↑
2019
Annual accounts 2019289,1 k €↓
2016
Annual accounts 2016796,4 k €↑
2015
Annual accounts 2015760,7 k €↑
2014
Annual accounts 2014262,3 k €↓
2013
Annual accounts 2013585,5 k €↑
2012
Annual accounts 2012520,5 k €↑
2011
Annual accounts 2011386,2 k €↑
2010
Annual accounts 2010188,9 k €↓
2009
Annual accounts 2009442,9 k €↑
2008
Annual accounts 2008358,9 k €↑
2007
Annual accounts 2007304 k €↓
2006
Annual accounts 2006440,8 k €
16/02/1967
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

Danfoss

Overview

What does Danfoss do?

Trend over 18 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