ACTIVE

ADECCO PERSONNEL SERVICES

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result381 k €-70,3 %over 1 year

Revenue426,8 M €+4,3 %over 1 year

Equity24,4 M €+1,6 %over 1 year

Workforce8 440,0 ETP+0,1 %over 1 year

Identity

Source · BCE/KBO

ADECCO PERSONNEL SERVICES is a Public limited company incorporated in 1961. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Dilbeek. It employs on average 8 440,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0404.221.962
Incorporation: 28/09/1961
Legal form: Public limited company
Registered office: Noordkustlaan 16 box b
1702 Dilbeek · FlandreSee on map
Contributed capital: 21 650 800,00 €
Latest accounts: 31/12/2025
Average workforce: 8 440,0 ETP

Activities (NACE)

74502Other professional, scientific and technical activities· main 78200Temporary employment agency activities 78200Temporary employment agency activities

Joint committees (4)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2020
Income statement
Revenue	426,8 M €	+4.3%	409,3 M €	+0.6%	407,1 M €	+3.2%	394,5 M €	+12.7%	349,9 M €
EBITDA	4,2 M €	-16.5%	5 M €	-44.5%	9 M €	+15.5%	7,8 M €	+618%	1,1 M €
Operating result	2,6 M €	-27.1%	3,6 M €	-53.8%	7,8 M €	+19.4%	6,5 M €	+143660%	4,6 k €
Net result	381 k €	-70.3%	1,3 M €	-66.3%	3,8 M €	+132%	-11,8 M €	-610%	-1,7 M €
Balance sheet
Equity	24,4 M €	+1.6%	24 M €	-0.9%	24,2 M €	+2.1%	23,7 M €	-30.7%	34,2 M €
Total assets	89,7 M €	+1.9%	88 M €	-0.4%	88,4 M €	+0.8%	87,7 M €	-18.2%	107,2 M €
Cash	–		–		–		–		90,4 k €
Debts	65,2 M €	+2.3%	63,7 M €	-0.8%	64,2 M €	+0.5%	63,9 M €	-10.9%	71,7 M €
Other
Workforce	8 440,0 ETP	+0.1%	8 433,4 ETP	-1.7%	8 581,9 ETP	-2.5%	8 800,2 ETP	+2.6%	8 579,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 23 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Francesca Tornaghi	Director01/09/2025 → 15/05/2030
Aurélie Calouche	Director01/10/2022 → 15/05/2030
Empass0829.687.124Represented by Jan Dekeyser	Director14/10/2020 → 15/05/2030
Sonia Frey	Director01/01/2019 → 15/05/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alexandra Bishop	Director21/06/2021 → 2024 accounts
Ruben Van Opstaele	Directorlisted until the 2020 accounts
Christophe Catoir	Director14/10/2020 → 2020 accounts
Marc DUTRUY	Director01/01/2019 → 2019 accounts

Other companies at this address

Noordkustlaan 16 1702 Dilbeek

Company	CBE no.
BELGIAN FLUID SYSTEM TECHNOLOGIES● Active	0475.069.574
JOHNSON WAX SERVICE PRODUCTS● Liquidation	0416.677.851

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	17/06/2026	28/05/2025	17/06/2024	19/06/2023	09/06/2022	03/06/2021
General meeting	20/05/2026	21/05/2025	16/05/2024	16/05/2023	18/05/2022	19/05/2021
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

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	20/05/2026	17/06/2026	Dutch	PDF
Full model	31/12/2024	21/05/2025	28/05/2025	Dutch	PDF
Full model	31/12/2023	16/05/2024	17/06/2024	Dutch	PDF
Full model	31/12/2022	16/05/2023	19/06/2023	Dutch	PDF
Full model	31/12/2021	18/05/2022	09/06/2022	Dutch	PDF
Full model	31/12/2020	19/05/2021	03/06/2021	Dutch	PDF
Full model	31/12/2019	20/05/2020	08/06/2020	Dutch	PDF
Full model	31/12/2018	15/05/2019	17/06/2019	Dutch	PDF
Full model	31/12/2017	16/05/2018	04/06/2018	Dutch	PDF
Full model	31/12/2016	17/05/2017	06/06/2017	Dutch	PDF
Full model	31/12/2015	18/05/2016	09/06/2016	Dutch	PDF
Full model	31/12/2014	20/05/2015	05/06/2015	Dutch	PDF
Full model	31/12/2013	27/05/2014	05/06/2014	Dutch	PDF
Full model	31/12/2012	15/05/2013	11/06/2013	Dutch	PDF
Full model	31/12/2011	16/05/2012	23/05/2012	Dutch	PDF
Full model	31/12/2010	18/05/2011	10/06/2011	Dutch	PDF
Full model	31/12/2009	19/05/2010	11/08/2010	Dutch	PDF
Full model	31/12/2008	20/05/2009	26/06/2009	Dutch	PDF
Full model	31/12/2007	30/05/2008	03/07/2008	Dutch	PDF
Full model	31/12/2006	27/06/2007	16/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 23 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Francesca Tornaghi	Director01/09/2025 → 15/05/2030
Aurélie Calouche	Director01/10/2022 → 15/05/2030
Empass0829.687.124Represented by Jan Dekeyser	Director14/10/2020 → 15/05/2030
Sonia Frey	Director01/01/2019 → 15/05/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alexandra Bishop	Director21/06/2021 → 2024 accounts
Ruben Van Opstaele	Directorlisted until the 2020 accounts
Christophe Catoir	Director14/10/2020 → 2020 accounts
Marc DUTRUY	Director01/01/2019 → 2019 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/10/2026
BENOEMING EN ONTSLAG BESTUURDER(S) - RECHTZETTING
PDF
Mandates14/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other19/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates17/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/05/2021
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation1961

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Francesca Tornaghi

Aurélie Calouche

Empass

Sonia Frey

Alexandra Bishop

Ruben Van Opstaele

Christophe Catoir

Marc DUTRUY

Nicole BURTH Tschudi

Katrien BERGHS

Wim Six

Marc DE SMEDT

Show the 15 other mandates

19661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

ADECCO PERSONNEL SERVICES

Noordkustlaan 16 bte b, 1702 Groot-Bijgaarden

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Noordkustlaan 16 bte b, 1702 Groot-BijgaardenCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00177980

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ADECCO PERSONNEL SERVICESCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00177980

Events

2025
Annual accounts 2025381 k €↓
29/09/2025
reconductionSonia Frey · bestuurder
29/09/2025
reconductionAurélie Calouche · bestuurder
29/09/2025
reconductionEmpass BV · bestuurder
01/09/2025
nominationFrancesca Tornaghi · bestuurder
2024
Annual accounts 20241,3 M €↓
16/05/2024
nominationPwC Bedrijfsrevisoren BV · commissaris
2023
Annual accounts 20233,8 M €↑
16/05/2023
reconductionEY Bedrijfsrevisoren BV · commissaris
16/05/2023
reconductionHan Wevers · vaste vertegenwoordiger
2022
Annual accounts 2022-11,8 M €↓
01/10/2022
nominationAurélie Calouche · bestuurder
2020
Annual accounts 2020-1,7 M €↓
2019
Annual accounts 20199,3 M €↓
2018
Annual accounts 201824,5 M €↑
2017
Annual accounts 20176,7 M €↑
2016
Annual accounts 20166 M €↑
2015
Annual accounts 2015-1,5 M €↑
2014
Annual accounts 2014-1,9 M €↑
2013
Annual accounts 2013-3,2 M €↓
2012
Annual accounts 2012286,7 k €↑
2011
Annual accounts 2011-2,4 M €↓
2010
Annual accounts 2010-2 M €↑
2009
Annual accounts 2009-14,7 M €↓
2008
Annual accounts 2008-1,2 M €↓
2007
Annual accounts 20071,6 M €↑
2006
Annual accounts 2006822,7 k €
28/09/1961
IncorporationPublic limited company

ADECCO PERSONNEL SERVICES

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

Registered offices

Company names

Events