ACTIVE

Aertssen Infra

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Financial year 2025 · Closed on 31/12/2025

Net result18,2 M €+9,5 %over 1 year

Revenue199,1 M €+5,8 %over 1 year

Equity47,7 M €+14,8 %over 1 year

Workforce337,0 ETP+5,5 %over 1 year

Identity

Source · BCE/KBO

Aertssen Infra is a Public limited company incorporated in 1964. Its registered office is in Stabroek. It employs on average 337,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0403.813.275
Incorporation: 12/08/1964
Legal form: Public limited company
Registered office: Laageind 91
2940 Stabroek · FlandreSee on map
Contributed capital: 1 807 414,46 €
Latest accounts: 31/12/2025
Average workforce: 337,0 ETP

Joint committees (3)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	199,1 M €	+5.8%	188,1 M €	+54.9%	121,4 M €	-16.1%	144,8 M €	+34.9%	107,3 M €
EBITDA	34 M €	+13.1%	30,1 M €	+94.1%	15,5 M €	-0.1%	15,5 M €	-19.0%	19,2 M €
Operating result	24,2 M €	+18.0%	20,5 M €	+147%	8,3 M €	-14.4%	9,7 M €	-26.7%	13,2 M €
Net result	18,2 M €	+9.5%	16,6 M €	+141%	6,9 M €	-7.2%	7,4 M €	-23.7%	9,7 M €
Balance sheet
Equity	47,7 M €	+14.8%	41,5 M €	+34.2%	30,9 M €	+14.4%	27 M €	+5.6%	25,6 M €
Total assets	173,1 M €	+13.6%	152,4 M €	+22.3%	124,6 M €	+31.4%	94,8 M €	+14.8%	82,6 M €
Cash	6,7 M €	+76.3%	3,8 M €	-5.2%	4 M €	+40.5%	2,9 M €	+2.1%	2,8 M €
Debts	122,8 M €	+15.9%	106 M €	+17.8%	90 M €	+35.8%	66,3 M €	+20.0%	55,2 M €
Other
Workforce	337,0 ETP	+5.5%	319,5 ETP	+15.1%	277,6 ETP	+6.0%	262,0 ETP	+2.1%	256,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 27 ended

Active mandates

Gert Mennes

Director · since 02 juin 2025 · until 02 juin 2031

Active

Gregorius Aertssen

Director · since 02 juin 2025 · until 02 juin 2031

Active

Raphaël Aertssen

Director · since 02 juin 2025 · until 02 juin 2031

Active

Walter Wesenbeek

Director · since 02 juin 2025 · until 02 juin 2031

Active

Yves Aertssen

Director · since 02 juin 2025 · until 02 juin 2031

Active

Ended mandates

Gert Mennes

Director · since 03 juin 2019 · until 02 juin 2025

Ended

Gregorius Aertssen

Director · since 03 juin 2019 · until 02 juin 2025

Ended

Raphaël Aertssen

Director · since 03 juin 2019 · until 02 juin 2025

Ended

Raphaël Aertssen

Director · since 03 juin 2019 · until 03 juin 2025

Ended

Other companies at this address

Laageind 91 2940 Stabroek

Company	CBE no.
AERTSSEN GROUP● Active	0423.833.976
AERTSSEN INDUSTRIAL SERVICES● Active	0767.544.568
AERTSSEN LIFTING● Active	0441.175.794
AERTSSEN LOGISTICS● Active	0664.571.843
AERTSSEN SERVICES● Active	0404.322.724
AERTSSEN TRANSPORT● Active	0416.893.726
BERAECO● Active	0736.989.964
Beringen Logistics & Terminal● Active	1010.017.844
EYSSELS● Active	0713.700.561
GROEP AERTSSEN● Active	0807.271.612
IMASFIN● Active	0879.156.233
Immo Cordeel-Aertssen● Active	0475.228.437
KLAVERENBOER● Active	0635.825.991
NEWMO● Active	0404.037.563
NEWMO HAREN● Active	0400.379.079
NIEUW TEMSE● Active	0863.448.567
ROLLIT CARGO● Active	0848.690.513
Shipit Terminal● Active	0860.312.497
Smeyers● Active	0437.838.105
SPAACO● Active	0844.884.549

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	10/06/2026	20/06/2025	10/06/2024	27/06/2023	16/06/2022	16/06/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	01/06/2023	01/06/2022	01/06/2021
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, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	01/06/2026	10/06/2026	Dutch	PDF
Full model	31/12/2024	02/06/2025	20/06/2025	Dutch	PDF
Full model	31/12/2023	03/06/2024	10/06/2024	Dutch	PDF
Full model	31/12/2022	01/06/2023	27/06/2023	Dutch	PDF
Full model	31/12/2021	01/06/2022	16/06/2022	Dutch	PDF
Full model	31/12/2020	01/06/2021	16/06/2021	Dutch	PDF
Full model	31/12/2019	02/06/2020	29/06/2020	Dutch	PDF
Full model	31/12/2018	03/06/2019	01/07/2019	Dutch	PDF
Full model	31/12/2017	01/06/2018	26/06/2018	Dutch	PDF
Full model	31/12/2016	01/06/2017	14/06/2017	Dutch	PDF
Full modelCorrection	31/12/2015	13/07/2016	29/09/2016	Dutch	PDF
Full model	31/12/2015	01/06/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	01/06/2015	22/06/2015	Dutch	PDF
Full model	31/12/2013	02/06/2014	27/06/2014	Dutch	PDF
Full model	31/12/2012	03/06/2013	28/06/2013	Dutch	PDF
Full model	31/12/2011	01/06/2012	29/06/2012	Dutch	PDF
Full model	31/12/2010	01/06/2011	30/06/2011	Dutch	PDF
Full model	31/12/2009	01/06/2010	22/06/2010	Dutch	PDF
Full model	31/12/2008	02/06/2009	01/07/2009	Dutch	PDF
Full modelCorrection	31/12/2007	02/06/2008	18/07/2008	Dutch	PDF
Full model	31/12/2007	02/06/2008	23/06/2008	Dutch	PDF
Full model	31/12/2006	01/06/2007	25/06/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 27 ended

Active mandates

Gert Mennes

Director · since 02 juin 2025 · until 02 juin 2031

Active

Gregorius Aertssen

Director · since 02 juin 2025 · until 02 juin 2031

Active

Raphaël Aertssen

Director · since 02 juin 2025 · until 02 juin 2031

Active

Walter Wesenbeek

Director · since 02 juin 2025 · until 02 juin 2031

Active

Yves Aertssen

Director · since 02 juin 2025 · until 02 juin 2031

Active

Ended mandates

Gert Mennes

Director · since 03 juin 2019 · until 02 juin 2025

Ended

Gregorius Aertssen

Director · since 03 juin 2019 · until 02 juin 2025

Ended

Raphaël Aertssen

Director · since 03 juin 2019 · until 02 juin 2025

Ended

Raphaël Aertssen

Director · since 03 juin 2019 · until 03 juin 2025

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates01/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring26/04/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares17/04/2024
KAPITAAL - AANDELEN
PDF
Other21/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL
PDF
Restructuring23/11/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring23/11/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates24/04/2023
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 202518,2 M €↑
02/06/2025
reconductionAERTSSEN GREGORIUS — Bestuurder
02/06/2025
reconductionAERTSSEN RAPHAEL — Bestuurder
02/06/2025
reconductionAERTSSEN YVES — Bestuurder
02/06/2025
reconductionMENNES GERT — Bestuurder
02/06/2025
reconductionWESENBEEK WALTER — Bestuurder
2024
Annual accounts 202416,6 M €↑
01/01/2024
reconductionDELOITTE BEDRIJFSREVISOREN BV — COMMISSARIS
2023
Annual accounts 20236,9 M €↓
2022
Annual accounts 20227,4 M €↓
01/01/2022
nominationVandeweyer Ben — vaste vertegenwoordiger van de commissaris
2021
Annual accounts 20219,7 M €↓
2020
Annual accounts 202013,2 M €↑
2019
Annual accounts 20195,9 M €↑
2018
Annual accounts 20184,4 M €↑
2017
Annual accounts 20172,3 M €↑
2016
Annual accounts 20161,8 M €↓
2015
Annual accounts 20152,3 M €↑
2014
Annual accounts 2014888,4 k €↓
2013
Annual accounts 20136,1 M €↑
2010
Annual accounts 20101,9 M €↑
2009
Annual accounts 20091,7 M €↓
2007
Annual accounts 20074,2 M €↓
2006
Annual accounts 20066,2 M €
12/08/1964
IncorporationPublic limited company

Aertssen Infra

Overview

Identity

Financials

Valuation

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

Timeline