ACTIVE

NOKIA BELL

Financial year 2025 · Closed on 31/12/2025

Net result36,9 M €+8,4 %over 1 year
Revenue186,7 M €+0,0 %over 1 year
Equity168,8 M €+28,0 %over 1 year
Workforce1 175,1 ETP-4,3 %over 1 year

Identity

Source · BCE/KBO

NOKIA BELL is a Public limited company incorporated in 1918. Its main activity is: Manufacture of communication equipment. Its registered office is in Antwerpen. It employs on average 1 175,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0404.621.642
Incorporation
01/01/1918
Legal form
Public limited company
Registered office
Copernicuslaan 50
2018 Antwerpen · FlandreSee on map
Contributed capital
25 000 000,00 €
Latest accounts
31/12/2025
Average workforce
1 175,1 ETP
Joint committees (1)
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 57 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue186,7 M €186,6 M €195,6 M €197,3 M €192,3 M €
EBITDA144,3 M €138,8 M €143,2 M €146,1 M €146,3 M €
Operating result31,8 M €29,9 M €38,4 M €50,9 M €51,9 M €
Net result36,9 M €34,1 M €42,2 M €48,8 M €51,2 M €
Balance sheet
Equity168,8 M €131,8 M €197,8 M €195,6 M €246,7 M €
Total assets281,9 M €254,8 M €337,7 M €392,4 M €399 M €
Cash491,7 k €354,9 k €160,9 k €123,5 k €1,6 M €
Debts90,5 M €107,7 M €124,1 M €185,7 M €135,3 M €
Other
Workforce1 175,1 ETP1 227,3 ETP1 287,9 ETP1 286,8 ETP1 278,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

more than 1.000 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 17 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Björn Capens
Director18/06/2024 → 16/06/2026
Carl Deckers
Director30/06/2017 → 16/06/2026
Casper Verbeek
Director17/06/2025 → 16/06/2026
Jeanmarie Grisi
Director23/07/2021 → 30/09/2025
Kris Lemmens
Director31/05/2016 → 16/06/2026
Stephen Muscat
Director23/07/2021 → 16/06/2026
Tatu Simula
Director23/07/2021 → 16/06/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Johannes Van Tetering
Director01/09/2021 → 30/09/2023
Luc DEFIEUW
Director28/05/2020 → 23/07/2021

Other companies at this address

Copernicuslaan 50 2018 Antwerpen
CompanyCBE no.
0410.492.617

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 date26/06/202620/06/202508/07/202410/07/202319/07/202229/06/2021
General meeting16/06/202617/06/202518/06/202420/06/202321/06/202225/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 57 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202516/06/202626/06/2026DutchPDF
Full model31/12/202417/06/202520/06/2025DutchPDF
Full model31/12/202318/06/202408/07/2024DutchPDF
Full model31/12/202220/06/202310/07/2023DutchPDF
Full model31/12/202121/06/202219/07/2022DutchPDF
Full model31/12/202025/05/202129/06/2021DutchPDF
Full model31/12/201928/05/202007/08/2020DutchPDF
Full modelCorrection31/12/201828/05/201920/12/2019DutchPDF
Full model31/12/201828/05/201927/06/2019DutchPDF
Full model31/12/201729/05/201816/08/2018DutchPDF
Full model31/12/201630/05/201701/07/2017DutchPDF
Full model31/12/201531/05/201603/08/2016DutchPDF
Full model31/12/201426/05/201508/07/2015DutchPDF
Full model31/12/201327/05/201431/07/2014DutchPDF
Full model31/12/201228/05/201326/06/2013DutchPDF
Full model31/12/201129/05/201219/06/2012DutchPDF
Full model31/12/201031/05/201112/07/2011DutchPDF
Full model31/12/200925/05/201002/07/2010DutchPDF
Full model31/12/200826/05/200916/06/2009DutchPDF
Full model31/12/200727/05/200819/06/2008DutchPDF
Full model31/12/200629/05/200705/06/2007DutchPDF
Full model31/12/200530/05/200628/06/2006DutchPDF
Full model31/12/200431/05/200517/06/2005DutchPDF
Full model31/12/200325/05/200420/12/2004DutchPDF

View all 57 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

more than 1.000 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

7 active · 17 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Björn Capens
Director18/06/2024 → 16/06/2026
Carl Deckers
Director30/06/2017 → 16/06/2026
Casper Verbeek
Director17/06/2025 → 16/06/2026
Jeanmarie Grisi
Director23/07/2021 → 30/09/2025
Kris Lemmens
Director31/05/2016 → 16/06/2026
Stephen Muscat
Director23/07/2021 → 16/06/2026
Tatu Simula
Director23/07/2021 → 16/06/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Johannes Van Tetering
Director01/09/2021 → 30/09/2023
Luc DEFIEUW
Director28/05/2020 → 23/07/2021

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring18/09/2026
    Fusievoorstel
    PDF
  • Mandates24/07/2026
    Benoeming bestuurders - volmachten
    PDF
  • Mandates10/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation1918
Name
Registered office
Annual accounts
Filings19 filings
Mandates
Tatu Simula
Stephen Muscat
Casper Verbeek
Kris Lemmens
Carl Deckers
Jeanmarie Grisi
Björn Capens
Johannes Van Tetering
Luc DEFIEUW
Laura BRAMBILLA
Giovanni LORIA
Andreas VOSSKAMP
1966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
NOKIA BELL
Copernicuslaan 50, 2018 Antwerp-2018
Director
Director
Director
Director
Director
Director
Director
Director
Managing directorDirector
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Copernicuslaan 50, 2018 Antwerp-2018Current
accounts 2021 → 2025
Accounts 2025 · 2026-00218342

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
NOKIA BELLCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00218342

Events

  1. 2025
    Annual accounts 202536,9 M €↑
  2. 17/06/2025
    nominationJeanmarie GRISI · bestuurder
  3. 17/06/2025
    nominationBjörn CAPENS · bestuurder
  4. 17/06/2025
    nominationCarl DECKERS · bestuurder
  5. 17/06/2025
    nominationKris LEMMENS · bestuurder
  6. 17/06/2025
    nominationSIMULA Tatu Mikko Verneri · bestuurder
  7. 17/06/2025
    nominationStephen MUSCAT · bestuurder
  8. 15/04/2025
    nominationCasper Verbeek · bestuurder
  9. 2024
    Annual accounts 202434,1 M €↓
  10. 18/06/2024
    reconductionJeanmarie GRISI · bestuurder
  11. 18/06/2024
    reconductionBjör CAPENS · bestuurder
  12. 18/06/2024
    reconductionCarl DECKERS · bestuurder
  13. 18/06/2024
    reconductionKris LEMMENS · bestuurder
  14. 18/06/2024
    reconductionSIMULA Tatu Mikko Verneri · bestuurder
  15. 18/06/2024
    reconductionStephen MUSCAT · bestuurder
  16. 05/02/2024
    nominationBjörn Capens · bestuurder
  17. 2023
    Annual accounts 202342,2 M €↓
  18. 01/10/2023
    nominationKris Lemmens · vaste vertegenwoordiger
  19. 2022
    Annual accounts 202248,8 M €↓
  20. 2021
    Annual accounts 202151,2 M €↑
  21. 2020
    Annual accounts 202040,4 M €↓
  22. 2019
    Annual accounts 201944,4 M €↑
  23. 2018
    Annual accounts 201832,6 M €↓
  24. 2017
    Annual accounts 201736,3 M €↑
  25. 2016
    Annual accounts 201620,6 M €↑
  26. 2015
    Annual accounts 201517,4 M €↓
  27. 2014
    Annual accounts 201468,2 M €↑
  28. 2013
    Annual accounts 201325,1 M €↓
  29. 2012
    Annual accounts 201253,4 M €↑
  30. 2011
    Annual accounts 2011-3,7 M €↓
  31. 2010
    Annual accounts 201086,2 M €↑
  32. 2009
    Annual accounts 2009-73,4 M €↓
  33. 2008
    Annual accounts 20082,6 M €↑
  34. 2007
    Annual accounts 2007-53 M €
  35. 01/01/1918
    IncorporationPublic limited company