ACTIVE

Soudal

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Financial year 2025 · Closed on 31/12/2025

Net result16,7 M €-42,9 %over 1 year

Revenue768,5 M €+5,0 %over 1 year

Equity158,2 M €-3,5 %over 1 year

Workforce1 148,1 ETP+12,5 %over 1 year

Identity

Source · BCE/KBO

Soudal is a Public limited company incorporated in 1968. Its main activity is: Manufacture of plastics in primary forms. Its registered office is in Turnhout. It employs on average 1 148,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0404.914.028
Incorporation: 01/01/1968
Legal form: Public limited company
Registered office: Everdongenlaan 20
2300 Turnhout · FlandreSee on map
Contributed capital: 2 100 000,00 €
Latest accounts: 31/12/2025
Average workforce: 1 148,1 ETP

Activities (NACE)

20160Manufacture of plastics in primary forms· main 20160Manufacture of plastics in primary forms 20590Manufacture of other chemical products n.e.c.20590Manufacture of other chemical products n.e.c.24160Manufacture of basic iron and steel and of ferro-alloys 24660Manufacture of basic metals

Joint committees (2)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 18 financial years

	2025		2023		2022		2020		2019
Income statement
Revenue	768,5 M €	+5.0%	732,2 M €	-2.5%	750,7 M €	+41.4%	531 M €	+4.0%	510,5 M €
EBITDA	66,5 M €	-7.4%	71,8 M €	+189%	24,9 M €	-63.0%	67,3 M €	+14.6%	58,7 M €
Operating result	31,1 M €	-19.2%	38,5 M €	+11052%	-351,2 k €	-101%	47 M €	+35.2%	34,8 M €
Net result	16,7 M €	-42.9%	29,2 M €	+1039%	-3,1 M €	-111%	28,7 M €	+1.1%	28,4 M €
Balance sheet
Equity	158,2 M €	-3.5%	164 M €	-12.2%	186,8 M €	+7.7%	173,4 M €	+19.8%	144,7 M €
Total assets	604,4 M €	+7.1%	564,4 M €	-10.8%	632,8 M €	+61.6%	391,5 M €	+11.2%	352,1 M €
Cash	6,7 M €	+7.3%	6,2 M €	+18.7%	5,2 M €	-26.0%	7,1 M €	-1.9%	7,2 M €
Debts	438,3 M €	+11.6%	392,8 M €	-10.5%	439 M €	+105%	214 M €	+5.4%	203 M €
Other
Workforce	1 148,1 ETP	+12.5%	1 020,9 ETP	-1.0%	1 031,2 ETP	+7.5%	958,9 ETP	+6.2%	902,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jurgen Vandervelden	Director01/07/2022 → 02/06/2028
SOUDAL HOLDING0467.913.053Represented by Victor Swerts	Managing director03/06/2016 → 02/06/2028Directoruntil 04/06/2010ended
Soudal BV BORepresented by Dirk Coorevits	Directoruntil 02/06/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FLEMISH INVESTMENT CORPORATION0473.761.856Represented by Jurgen Vandervelden	Director03/06/2016 → 2020 accounts
Soudal BV BORepresented by Dirk Coorevits	Director03/06/2016 → 2020 accounts

Other companies at this address

Everdongenlaan 20 2300 Turnhout

Company	CBE no.
SOUDAL HOLDING● Active	0467.913.053

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	10/08/2026	22/07/2025	26/07/2024	14/07/2023	15/07/2022	30/07/2021
General meeting	26/06/2026	09/07/2025	05/07/2024	30/06/2023	30/06/2022	30/06/2021
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	26/06/2026	10/08/2026	Dutch	PDF
Full model	31/12/2024	09/07/2025	22/07/2025	Dutch	PDF
Full model	31/12/2023	05/07/2024	26/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	14/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	15/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Full model	31/12/2019	26/06/2020	24/07/2020	Dutch	PDF
Full modelCorrection	31/12/2018	26/06/2020	24/07/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	26/07/2019	Dutch	PDF
Full model	31/12/2017	31/07/2018	29/08/2018	Dutch	PDF
Full model	31/12/2016	02/06/2017	31/07/2017	Dutch	PDF
Full model	31/12/2015	03/06/2016	18/07/2016	Dutch	PDF
Full model	31/12/2014	05/06/2015	14/07/2015	Dutch	PDF
Full model	31/12/2013	06/06/2014	30/06/2014	Dutch	PDF
Full modelCorrection	31/12/2012	07/06/2013	02/07/2013	Dutch	PDF
Full model	31/12/2012	07/06/2013	28/06/2013	Dutch	PDF
Full model	31/12/2011	01/06/2012	27/06/2012	Dutch	PDF
Full model	31/12/2010	03/06/2011	22/06/2011	Dutch	PDF
Full model	31/12/2009	04/06/2010	02/07/2010	Dutch	PDF
Full model	31/12/2008	05/06/2009	19/06/2009	Dutch	PDF
Full model	31/12/2007	06/06/2008	03/07/2008	Dutch	PDF
Full model	31/12/2006	01/06/2007	25/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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

3 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jurgen Vandervelden	Director01/07/2022 → 02/06/2028
SOUDAL HOLDING0467.913.053Represented by Victor Swerts	Managing director03/06/2016 → 02/06/2028Directoruntil 04/06/2010ended
Soudal BV BORepresented by Dirk Coorevits	Directoruntil 02/06/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FLEMISH INVESTMENT CORPORATION0473.761.856Represented by Jurgen Vandervelden	Director03/06/2016 → 2020 accounts
Soudal BV BORepresented by Dirk Coorevits	Director03/06/2016 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates31/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring07/12/2021
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring03/12/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Restructuring08/07/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring08/07/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring14/07/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Similar companies

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

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

SOUDAL HOLDING

Soudal BV BO

Jurgen Vandervelden

FLEMISH INVESTMENT CORPORATION

Soudal BV BO

JONELINVEST

SOUDAL

Soudal BO

Soudal BV

1968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

Soudal

Everdongenlaan 20, 2300 Turnhout

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Everdongenlaan 20, 2300 TurnhoutCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00397614

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
SoudalCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00397614

Events

2025
Annual accounts 202516,7 M €↓
05/07/2024
reconductionSteven Vyvey · commissaris
2023
Annual accounts 202329,2 M €↑
2022
Annual accounts 2022-3,1 M €↓
30/06/2022
reconductionSwerts Victor · bestuurder
30/06/2022
reconductionCoorevits Dirk · bestuurder
30/06/2022
nominationJurgen Vandervelden · bestuurder
2020
Annual accounts 202028,7 M €↑
2019
Annual accounts 201928,4 M €↑
2018
Annual accounts 201814,4 M €↓
2017
Annual accounts 201716,8 M €↑
2016
Annual accounts 201613,8 M €↑
2015
Annual accounts 20159,4 M €↓
2014
Annual accounts 201413,3 M €↑
2013
Annual accounts 20139,4 M €↓
2012
Annual accounts 201211 M €↑
2011
Annual accounts 20117,9 M €↓
2010
Annual accounts 201013 M €↑
2009
Annual accounts 200910,3 M €↑
2008
Annual accounts 20084 M €↓
2007
Annual accounts 20074,5 M €↓
2006
Annual accounts 20066,8 M €
01/01/1968
IncorporationPublic limited company

Soudal

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