ACTIVE

SIGNIFY BELGIUM

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Financial year 2025 · closed on 31/12/2025

Net result

-5,8 M €

-103.7% YoY

Revenue

128,7 M €

-13.4% YoY

Equity

422,1 M €

-1.4% YoY

Workforce

448,1 ETP

+41.1% YoY

What does SIGNIFY BELGIUM do?

SIGNIFY BELGIUM is a Public limited company incorporated in 1919. Its main activity is: Manufacture of electric lighting equipment. Its registered office is in Asse. It employs on average 448,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0403.138.532

Incorporation

19/01/1919

Legal form

Public limited company

Registered office

Z. 1 Researchpark 210
1731 Asse · FlandreSee on map

Contributed capital

170 000 000,00 €

Latest accounts

31/12/2025

Average workforce

448,1 ETP

Activities (NACE)

27401Manufacture of electric lighting equipment· main 27401Manufacture of electric lighting equipment 46643Wholesale of machinery for the textile industry and of sewing and knitting machines 46693Wholesale of other machinery and equipment 51871Air transport 26110Manufacture of electronic components+10

Joint committees (5)

111
14901
200
209
218

Signals

Solid equityLow riskGood liquidityHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2011		2009		2008
Income statement
Revenue	128,7 M €	-13.4%	148,6 M €	-15.2%	175,3 M €	-9.0%	192,6 M €	-13.9%	223,8 M €	-28.4%	312,7 M €	-18.4%	383,2 M €	+1.7%	376,8 M €	-7.4%	406,8 M €	-20.2%	509,6 M €	+85.0%	275,5 M €	-8.0%	299,6 M €
EBITDA	-11,7 M €	-3617%	331,6 k €	+101%	-27,9 M €	-1001%	3,1 M €	-89.5%	29,5 M €	-79.9%	146,3 M €	+317%	35,1 M €	-10.0%	38,9 M €	+195%	13,2 M €	+134%	-39,1 M €	-406%	12,8 M €	+126%	5,7 M €
Operating result	-16,5 M €	-141%	-6,8 M €	+77.0%	-29,6 M €	-211%	-9,5 M €	-140%	23,8 M €	-82.5%	136,4 M €	+474%	23,8 M €	+13.1%	21 M €	+424%	-6,5 M €	+93.5%	-99,2 M €	-908%	12,3 M €	+137%	5,2 M €
Net result	-5,8 M €	-104%	-2,9 M €	+88.3%	-24,4 M €	-202%	-8,1 M €	-132%	25,4 M €	-81.3%	135,6 M €	+727%	16,4 M €	-13.0%	18,9 M €	-70.4%	63,7 M €	+120%	-314,5 M €	-332%	135,8 M €	-77.5%	603 M €
Balance sheet
Equity	422,1 M €	-1.4%	427,9 M €	-0.7%	430,8 M €	-5.4%	455,1 M €	-1.7%	463,2 M €	-9.7%	512,8 M €	+35.9%	377,2 M €	+4.5%	360,8 M €	+5.5%	342 M €	-96.0%	8,5 Md €	+1125%	689,9 M €	+4.4%	660,6 M €
Total assets	489,7 M €	-0.8%	493,8 M €	-4.1%	514,9 M €	-3.1%	531,3 M €	-3.6%	551,4 M €	-17.9%	671,2 M €	+17.0%	573,8 M €	+0.9%	568,5 M €	-1.3%	575,9 M €	-93.6%	9,1 Md €	+562%	1,4 Md €	+4.4%	1,3 Md €
Cash	10,1 k €	+34.9%	7,5 k €	-99.0%	740,2 k €	+111%	351 k €	-33.2%	525,4 k €	-6.2%	560,3 k €	+28.8%	435 k €	+19.4%	364,4 k €	-46.1%	675,9 k €	+5.6%	640,3 k €	+1976%	30,8 k €	-99.7%	12,3 M €
Debts	17,7 M €	+0.2%	17,7 M €	-45.7%	32,6 M €	+1.5%	32,1 M €	-18.5%	39,3 M €	-58.3%	94,2 M €	-18.1%	115 M €	-0.5%	115,6 M €	-12.1%	131,5 M €	-76.6%	560,8 M €	-12.7%	642,1 M €	+3.7%	619,3 M €
Other
Workforce	448,1 ETP	+41.1%	317,5 ETP	-29.1%	448,1 ETP	-18.5%	549,9 ETP	-8.6%	601,9 ETP	-3.1%	621,2 ETP	-14.1%	722,8 ETP	-13.2%	832,9 ETP	-9.1%	915,9 ETP	+28.6%	712,0 ETP	+192%	243,5 ETP	-0.5%	244,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 22 ended

Active mandates

Kristof Vermeersch

Director · since 20 septembre 2023 · until 29 juin 2029

Active

Gert ROECKX

Director · since 16 juin 2022 · until 23 juin 2028

Active

Guido BRANTS

Director · since 01 juillet 2020 · until 18 juin 2026

Active

Ended mandates

Wim Rombaut

Director · since 01 décembre 2021 · until 17 juin 2027

Ended

Hendrik Vermeire

Director · since 25 juin 2020 · until 18 juin 2026

Ended

Hendrik Vermeire

Director · since 20 juin 2020 · until 18 juin 2026

Ended

Lars van der Meulen

Director · since 01 juin 2018 · until 31 juillet 2020

Ended

At this address

Other companies at this address

Company	CBE no.
PITS● Active	0431.363.849
SEDENA FINANCIAL SERVICES● Active	0427.946.776
SIGNIFY PROPERTIES● Active	0437.162.370
VAT GROUP PHILIPS BELGIUM● Active	0895.752.933

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Consolidated accounts
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	14/08/2024	14/07/2023	24/06/2022	13/09/2021
General meeting	25/06/2026	27/06/2025	28/06/2024	30/06/2023	23/06/2022	18/05/2021
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

115 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	25/06/2026	25/06/2026	Dutch	PDF
Full model	31/12/2024	27/06/2025	27/06/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	14/08/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	14/07/2023	Dutch	PDF
Full model	31/12/2021	23/06/2022	24/06/2022	Dutch	PDF
Full model	31/12/2020	25/06/2021	05/07/2021	French	PDF
Full model	31/12/2020	25/06/2021	05/07/2021	Dutch	PDF
Consolidated accounts	31/12/2020	18/05/2021	13/09/2021	Dutch	PDF
Full model	31/12/2019	25/06/2020	09/07/2020	French	PDF
Full model	31/12/2019	25/06/2020	09/07/2020	Dutch	PDF
Consolidated accounts	31/12/2019	25/06/2020	26/10/2020	Dutch	PDF
Full model	31/12/2018	27/06/2019	02/07/2019	French	PDF
Full model	31/12/2018	27/06/2019	01/07/2019	Dutch	PDF
Consolidated accounts	31/12/2018	27/06/2019	31/07/2019	French	PDF
Full model	31/12/2017	28/06/2018	19/07/2018	French	PDF
Full model	31/12/2017	28/06/2018	19/07/2018	Dutch	PDF
Consolidated accounts	31/12/2017	15/05/2018	30/11/2018	Dutch	PDF
Full model	31/12/2016	16/06/2017	08/08/2017	French	PDF
Full model	31/12/2016	16/06/2017	03/08/2017	Dutch	PDF
Consolidated accounts	31/12/2016	09/05/2017	19/07/2017	Dutch	PDF
Full model	31/12/2015	17/06/2016	12/07/2016	French	PDF
Full model	31/12/2015	17/06/2016	12/07/2016	Dutch	PDF
Full model	31/12/2014	19/06/2015	30/07/2015	French	PDF
Full model	31/12/2014	19/06/2015	30/07/2015	Dutch	PDF

View all 115 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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 · 3 active · 22 ended

Active mandates

Kristof Vermeersch

Director · since 20 septembre 2023 · until 29 juin 2029

Active

Gert ROECKX

Director · since 16 juin 2022 · until 23 juin 2028

Active

Guido BRANTS

Director · since 01 juillet 2020 · until 18 juin 2026

Active

Ended mandates

Wim Rombaut

Director · since 01 décembre 2021 · until 17 juin 2027

Ended

Hendrik Vermeire

Director · since 25 juin 2020 · until 18 juin 2026

Ended

Hendrik Vermeire

Director · since 20 juin 2020 · until 18 juin 2026

Ended

Lars van der Meulen

Director · since 01 juin 2018 · until 31 juillet 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other04/09/2026
Mandaten
PDF
Mandates02/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/08/2022
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

01/01/2026
nominationAlain De Waele — dagelijks bestuurder van de vestiging te Turnhout / Lamps
2025
Annual accounts 2025-5,8 M €↓
26/06/2025
reconductionFrédéric De mee — commissaris
2024
Annual accounts 2024-2,9 M €↑
2023
Annual accounts 2023-24,4 M €↓
20/09/2023
nominationKristof Vermeersch — bestuurder
2022
Annual accounts 2022-8,1 M €↓
01/08/2022
nominationRonald Reunis — dagelijks bestuurder
20/06/2022
nominationNadia Sissokho — dagelijks bestuurder van de divisie Light Gallery
16/06/2022
reconductionErnst & Young Bedrijfsrevisoren bcvba — commissaris
16/06/2022
reconductionGert Roeckx — bestuurder
2021
Annual accounts 202125,4 M €↓
2020
Annual accounts 2020135,6 M €↑
2019
Annual accounts 201916,4 M €↓
2018
Annual accounts 201818,9 M €↓
2017
Annual accounts 201763,7 M €↑
2011
Annual accounts 2011-314,5 M €↓
2009
Annual accounts 2009135,8 M €↓
2008
Annual accounts 2008603 M €
19/01/1919
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

SIGNIFY BELGIUM

Overview

What does SIGNIFY BELGIUM do?

Trend over 12 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