RECTICEL
0405.666.668 · rovalta.com · 22/09/2026
RECTICEL
Overview
What does RECTICEL do?
RECTICEL is a Public limited company incorporated in 1896. Its main activity is: Manufacture of other chemical products n.e.c.. Its registered office is in Bruxelles. It employs on average 226,5 ETP workers (FTE).
1130 Bruxelles · BruxellesSee on map
Joint committees (8)
- 111
- 116
- 120
- 126
- 200
- 207
- 214
- 218
Trend over 15 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||
| Revenue | 128,3 M € | +8.5% | 118,3 M € | -1.3% | 119,8 M € | -37.8% | 192,7 M € | -34.3% | 293,1 M € | +18.6% | 247 M € | -16.7% | 296,4 M € | -2.4% | 303,7 M € | +1.7% | 298,7 M € | -2.8% | 307,3 M € | -5.6% | 325,7 M € | -6.8% | 349,4 M € | +4.1% | 335,5 M € | +9.9% | 305,3 M € | -12.9% | 350,5 M € |
| EBITDA | 8,2 M € | +4.4% | 7,8 M € | +134% | -22,8 M € | -143% | 53,2 M € | +0.7% | 52,8 M € | +139% | 22,1 M € | -45.0% | 40,2 M € | +35.0% | 29,8 M € | +10.2% | 27 M € | -13.8% | 31,4 M € | -31.4% | 45,7 M € | +26.2% | 36,2 M € | +21.6% | 29,8 M € | -31.2% | 43,3 M € | +30.6% | 33,2 M € |
| Operating result | 7,5 M € | +569% | -1,6 M € | +96.2% | -41,6 M € | -196% | 43,1 M € | +15.0% | 37,5 M € | +666% | 4,9 M € | -77.3% | 21,5 M € | +107% | 10,4 M € | -6.6% | 11,1 M € | -38.1% | 18 M € | -47.9% | 34,6 M € | +22.6% | 28,2 M € | +24.8% | 22,6 M € | -35.4% | 35 M € | +43.7% | 24,4 M € |
| Net result | -807,9 k € | +98.9% | -71,8 M € | -120% | 358,8 M € | +767% | 41,4 M € | -37.5% | 66,3 M € | +1601% | -4,4 M € | -118% | 25 M € | +5745% | 427,8 k € | +104% | -9,5 M € | -2167% | 461,7 k € | -95.7% | 10,6 M € | -11.6% | 12 M € | -72.5% | 43,7 M € | +703% | 5,4 M € | +1.7% | 5,4 M € |
| Balance sheet | |||||||||||||||||||||||||||||
| Equity | 655,6 M € | -2.6% | 673 M € | -11.4% | 759,4 M € | +81.7% | 417,9 M € | +6.7% | 391,8 M € | +15.1% | 340,4 M € | +3.3% | 329,5 M € | +5.3% | 313 M € | +28.9% | 242,8 M € | -4.8% | 255,1 M € | -2.0% | 260,4 M € | +0.9% | 258,1 M € | +1.5% | 254,2 M € | +16.4% | 218,5 M € | -0.9% | 220,4 M € |
| Total assets | 746,4 M € | -2.6% | 765,9 M € | -11.1% | 861,9 M € | -13.2% | 992,6 M € | +63.6% | 606,6 M € | +26.8% | 478,4 M € | -11.2% | 538,8 M € | +2.7% | 524,8 M € | -30.7% | 757,5 M € | +0.3% | 755,4 M € | -1.3% | 765 M € | +1.2% | 755,6 M € | -4.1% | 788,2 M € | +8.1% | 729,4 M € | -0.2% | 730,8 M € |
| Cash | 45,2 k € | -25.5% | 60,7 k € | -65.2% | 174,4 k € | +643% | 23,5 k € | +267% | 6,4 k € | +34.2% | 4,8 k € | -98.4% | 304,8 k € | -39.2% | 501,4 k € | +249% | 143,5 k € | -64.7% | 406,8 k € | -32.1% | 598,9 k € | +87.2% | 320 k € | -59.8% | 795,3 k € | +72.2% | 461,9 k € | +382% | 95,9 k € |
| Debts | 75,5 M € | +5.5% | 71,5 M € | -14.4% | 83,6 M € | -85.3% | 568,4 M € | +179% | 203,7 M € | +64.0% | 124,2 M € | -36.0% | 193,9 M € | -0.3% | 194,5 M € | -61.2% | 500,9 M € | +6.4% | 470,8 M € | -3.9% | 489,9 M € | +3.6% | 472,9 M € | -5.9% | 502,5 M € | +7.3% | 468,4 M € | -1.2% | 474 M € |
| Other | |||||||||||||||||||||||||||||
| Workforce | 226,5 ETP | -4.1% | 236,1 ETP | -14.1% | 274,9 ETP | -28.0% | 381,7 ETP | -56.0% | 867,9 ETP | -7.4% | 936,8 ETP | -3.6% | 971,5 ETP | -2.6% | 997,1 ETP | -1.0% | 1 007,1 ETP | -1.2% | 1 019,4 ETP | -2.9% | 1 049,4 ETP | -3.9% | 1 092,3 ETP | -1.7% | 1 111,1 ETP | -7.7% | 1 203,6 ETP | -4.4% | 1 259,2 ETP |
Indicative valuation
As an indication, this company is worth
Board of directors
Seen on filing of 31/12/2025 · 9 active · 107 ended
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PPP Belgium● Active | 0451.600.326 |
RECLAR● Active | 1033.850.546 |
Recticel Group● Active | 1011.857.280 |
RECTICEL INTERNATIONAL SERVICES● Active | 0428.343.981 |
Recticel US Investments● Active | 1020.920.545 |
TM CEG-ITB O&N6● Active | 0794.808.496 |
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YSL BEAUTE BENELUX● Active | 0423.151.513 |
Financials
Full financial information
| 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 | 09/06/2026 | 12/06/2025 | 13/06/2024 | 22/08/2023 | 05/07/2022 | 09/06/2021 |
| General meeting | 26/05/2026 | 27/05/2025 | 28/05/2024 | 30/05/2023 | 31/05/2022 | 25/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysAnnual accounts filings
149 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 26/05/2026 | 09/06/2026 | Dutch | |
| Consolidated accounts | 31/12/2025 | 26/05/2026 | 10/06/2026 | Dutch | |
| Full model | 31/12/2024 | 27/05/2025 | 12/06/2025 | Dutch | |
| Consolidated accounts | 31/12/2024 | 27/05/2025 | 10/06/2025 | Dutch | |
| Full model | 31/12/2023 | 28/05/2024 | 13/06/2024 | Dutch | |
| Consolidated accounts | 31/12/2023 | 28/05/2024 | 05/06/2024 | Dutch | |
| Full model | 31/12/2022 | 30/05/2023 | 22/08/2023 | Dutch | |
| Consolidated accounts | 31/12/2022 | 30/05/2023 | 14/06/2023 | Dutch | |
| Full model | 31/12/2021 | 31/05/2022 | 05/07/2022 | Dutch | |
| Consolidated accounts | 31/12/2021 | 31/05/2022 | 14/06/2022 | Dutch | |
| Full model | 31/12/2020 | 25/05/2021 | 09/06/2021 | Dutch | |
| Consolidated accounts | 31/12/2020 | 25/05/2021 | 08/06/2021 | Dutch | |
| Full model | 31/12/2019 | 26/05/2020 | 26/06/2020 | Dutch | |
| Consolidated accounts | 31/12/2019 | 26/05/2020 | 18/06/2020 | Dutch | |
| Full model | 31/12/2018 | 28/05/2019 | 20/06/2019 | Dutch | |
| Consolidated accounts | 31/12/2018 | 28/05/2019 | 17/06/2019 | Dutch | |
| Full modelCorrection | 31/12/2017 | 29/05/2018 | 15/04/2019 | Dutch | |
| Full model | 31/12/2017 | 29/05/2018 | 29/06/2018 | Dutch | |
| Consolidated accounts | 31/12/2017 | 29/05/2018 | 28/06/2018 | Dutch | |
| Full model | 31/12/2016 | 30/05/2017 | 29/06/2017 | Dutch | |
| Consolidated accounts | 31/12/2016 | 30/05/2017 | 28/06/2017 | Dutch | |
| Full model | 31/12/2015 | 31/05/2016 | 16/06/2016 | Dutch | |
| Consolidated accounts | 31/12/2015 | 31/05/2016 | 16/06/2016 | Dutch | |
| Full model | 31/12/2014 | 26/05/2015 | 25/06/2015 | Dutch |
Valuation
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
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.
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Seen on filing of 31/12/2025 · 9 active · 107 ended
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
- Other15/09/2026DIVERSEN
- Other09/09/2026Tekst VOLMACHTEN EN TEKENINGSBEVOEGDHEDEN van
- Capital / shares16/07/2026KAPITAAL - AANDELEN
- Capital / shares30/06/2026CAPITAL, ACTIONS
- Capital / shares04/06/2026KAPITAAL - AANDELEN
- Capital / shares04/06/2026CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates04/06/2026DEMISSIONS, NOMINATIONS
- Mandates04/06/2026ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 29/05/2026augmentation_capital
- 30/04/2026augmentation_capital
- 20/04/2026nominationStefaan DEBUSSCHERE — Chief Executive Officer
- 20/04/2026nominationBetty BOGAERT — Chief Information & Digitalisation Officer
- 20/04/2026nominationBart Van den Eede — Chief Financial Officer
- 20/04/2026nominationStijn VERMEULEN — Chief Operations Officer
- 20/04/2026nominationNay TAWILE — Chief Executive Officer Insulated Panels
- 20/04/2026nominationTine MALFRERE — Chief HR Officer
- 02/03/2026nominationAventus BV — CEO
- 26/02/2026nominationBetty BOGAERT — Chief Information & Digitalisation Officer
- 26/02/2026nominationBart Van den Eede — Chief Financial Officer
- 26/02/2026nominationStijn VERMEULEN — Chief Operations Officer
- 26/02/2026nominationNay TAWILE — Chief Executive Officer Insulated Panels
- 26/02/2026nominationStefaan DEBUSSCHERE — Chief Executive Officer
- 26/02/2026nominationJenna AUWERX — Legal Counsel
- 26/02/2026nominationLionel DE LEENER — Reward & Talent Director
- 26/02/2026nominationRoeland HAEST — Tax & Treasury Manager
- 26/02/2026nominationWim MOERMANS — Procurement Director RIB - Insulation
- 26/02/2026nominationWerner VAN PETEGHEM — Sustainability & Communications Director
- 26/02/2026nominationKoen VAN UFFELEN — Deputy CFO
- 26/02/2026nominationElke WYNANTS — HR Manager Belgium
- 26/02/2026nominationRony BRIERS — Commercial Director Belux Insulation Boards
- 26/02/2026nominationWard DHAESE — Innovation Manager
- 26/02/2026nominationKurt VERHOOGHE — Operation Director Insulation Boards
- 26/02/2026nominationJoël PIROTTE — Sales Director Insulation Boards
- 26/02/2026nominationStefaan ROEGIERS — Plant Manager Wevelgem
- 26/02/2026nominationGilles STEVENS — Controlling Manager Insulation Boards
- 26/02/2026nominationDirk VERMEULEN — Head of Technical Management Insulation Boards
- 26/02/2026nominationWim MOERMANS — Procurement Director RIB — Insulation
- 26/02/2026nominationWard DHAESE — innovation Manager
- 2025Annual accounts 2025-807,9 k €↑
- 22/12/2025augmentation_capital
- 28/11/2025augmentation_capital
- 01/11/2025nominationJan Vergote — CEO
- 01/11/2025nominationBetty BOGAERT — Chief Information & Digitalisation Officer
- 01/11/2025nominationBart Van den Eede — Chief Financial Officer
- 01/11/2025nominationStijn VERMEULEN — Chief Operations Officer
- 01/11/2025nominationStefaan DEBUSSCHERE — Chief Executive Officer Insulation Boards
- 01/11/2025nominationNay TAWILE — Chief Executive Officer Insulated Panels
- 30/09/2025augmentation_capital
- 29/08/2025augmentation_capital
- 28/08/2025nominationJan Vergote — Gedelegeerd Bestuurder
- 28/08/2025nominationBetty BOGAERT — Chief Information & Digitalisation Officer
- 28/08/2025nominationRob NIJSKENS — Chief Human Resources Officer
- 28/08/2025nominationBart Van den Eede — Chief Financial Officer
- 28/08/2025nominationStijn VERMEULEN — Chief Operations Officer
- 28/08/2025nominationStefaan DEBUSSCHERE — Chief Executive Officer Insulation Boards
- 28/08/2025nominationNay TAWILE — Chief Executive Officer Insulated Panels
- 28/08/2025nominationJan Vergote — CEO / représentant de CORAL & WALLACE SRL (Administrateur Délégué)
- 28/08/2025nominationBart Van den Eede — Chief Financial Officer / représentant de PENDRON SRL
- 28/08/2025nominationStijn VERMEULEN — Chief Operations Officer / représentant de DEVE CONSULTING BV
- 28/08/2025nominationStefaan DEBUSSCHERE — Chief Executive Officer Insulation Boards / représentant de AVENTUS BV
- 30/06/2025augmentation_capital
- 26/06/2025nominationJan Vergote — CEO / représentant de CORAL & WALLACE SRL (Administrateur Délégué)
- 26/06/2025nominationBetty BOGAERT — Chief Information & Digitalisation Officer
- 26/06/2025nominationRob NIJSKENS — Chief Human Resources Officer
- 26/06/2025nominationBart Van den Eede — Chief Financial Officer / représentant de PENDRON SRL
- 26/06/2025nominationStijn VERMEULEN — Group Chief Operations Officer / représentant de DEVE CONSULTING BV
- 26/06/2025nominationStefaan DEBUSSCHERE — Divisional Chief Executive Officer Boards / représentant de AVENTUS BV
- 26/06/2025nominationNay TAWILE — Chief Executive Officer Insulated Panels
- 26/06/2025nominationJan Vergote — Gedelegeerd Bestuurder
- 27/05/2025reconductionBALTISSE NV — niet-uitvoerend bestuurder
- 27/05/2025reconductionMOROXCO BV — niet-uitvoerend en onafhankelijk bestuurder
- 27/05/2025nominationFOXFIN BV — niet-uitvoerend en onafhankelijk bestuurder
- 27/05/2025nominationREF.LEX BV — niet-uitvoerend en onafhankelijk bestuurder
- 27/05/2025nominationPwC Bedrijfsrevisoren BV — commissaris - duurzaamheidsinformatie
- 27/05/2025reconductionBALTISSE SA — administrateur non-exécutif
- 27/05/2025reconductionMOROXCO SRL — administrateur non-exécutif et indépendant
- 27/05/2025nominationFOXFIN SRL — administrateur non-exécutif et indépendant
- 27/05/2025nominationREF.LEX SRL — administrateur non-exécutif et indépendant
- 27/05/2025nominationPwC Reviseurs d'Entreprises SRL — commissaire
- 24/04/2025augmentation_capital
- 03/03/2025nominationJan Vergote — Administrateur Délégué
- 03/03/2025nominationJan Vergote — Gedelegeerd Bestuurder
- 2024Annual accounts 2024-71,8 M €↓
- 20/12/2024augmentation_capital
- 19/12/2024nominationJan Vergote — Gedelegeerd Bestuurder
- 19/12/2024nominationJan Vergote — Administrateur Délégué (via CORAL & WALLACE SRL/BV)
- 19/12/2024nominationBetty BOGAERT — Chief Information & Digitalisation Officer
- 19/12/2024nominationRob NIJSKENS — Chief Human Resources Officer
- 19/12/2024nominationBart Van den Eede — Chief Financial Officer (via PENDRON SRL)
- 19/12/2024nominationStijn VERMEULEN — Group Chief Operations Officer (via DEVE CONSULTING BV)
- 29/08/2024nominationJan Vergote — Gedelegeerd Bestuurder
- 28/06/2024augmentation_capital
- 04/06/2024nominationJan VERGOTE — Gedelegeerd Bestuurder
- 04/06/2024nominationCoral & Wallace BV — Gedelegeerd Bestuurder
- 04/06/2024nominationJan Vergote — Administrateur Délégué
- 31/05/2024augmentation_capital
- 28/05/2024nominationCoral & Wallace SRL — Administrateur
- 28/05/2024nominationIRIDI SRL — administrateur non-exécutif et indépendant
- 28/05/2024nominationD.A.S.T. SA — administrateur non-exécutif et indépendant
- 28/05/2024reconductionLubis SRL — administrateur non-exécutif et indépendant
- 28/05/2024reconductionPwC Reviseurs d'entreprises SRL — commissaire
- 28/05/2024nominationJan Vergote — Bestuurder
- 28/05/2024nominationFrank Coenen — niet-uitvoerend en onafhankelijk bestuurder
- 28/05/2024nominationWim Dejonghe — niet-uitvoerend en onafhankelijk bestuurder
- 28/05/2024reconductionLuc Missorten — niet-uitvoerend en onafhankelijk bestuurder
- 28/05/2024reconductionWouter Coppens — commissaris
- 02/05/2024augmentation_capital
- 29/03/2024augmentation_capital
- 28/02/2024nominationJan VERGOTE — Chief Executive Officer & General Manager Insulation Boards
- 28/02/2024nominationBetty BOGAERT — Chief Information & Digitalisation Officer
- 28/02/2024nominationRob NIJSKENS — Chief Human Resources Officer
- 28/02/2024nominationDirk VERBRUGGEN — Chief Financial & Legal Officer
- 28/02/2024nominationBoo CERNILA — General Manager Insulated Panels
- 2023Annual accounts 2023358,8 M €↑
- 20/12/2023nominationJan VERGOTE — Chief Executive Officer et General Manager Insulation Boards
- 20/12/2023nominationBetty BOGAERT — Chief Information & Digitalisation Officer
- 20/12/2023nominationRob NIJSKENS — Chief Human Resources Officer
- 20/12/2023nominationDirk VERBRUGGEN — Chief Financial & Legal Officer
- 20/12/2023nominationBozo CERNILA — General Manager Insulated Panels
- 20/12/2023nominationJan VERGOTE — Chief Executive Officer en General Manager Insulation Boards
- 20/12/2023nominationBoo CERNILA — General Manager insulated Panels
- 01/09/2023nominationJan VERGOTE — CEO
- 01/09/2023nominationJan VERGOTE — Chief Executive Officer
- 01/09/2023nominationRalf BECKER — Group General Manager Insulation Boards
- 01/09/2023nominationBetty BOGAERT — Chief Information & Digitalisation Officer
- 01/09/2023nominationRob NIJSKENS — Chief Human Resources Officer
- 01/09/2023nominationDirk VERBRUGGEN — Chief Financial & Legal Officer
- 01/09/2023nominationBozo CERNILA — Group General Manager Insulated Panels
- 13/06/2023nominationOlivier CHAPELLE — Gedelegeerd Bestuurder
- 13/06/2023nominationOlivier CHAPELLE — Administrateur Délégué
- 30/05/2023reconductionTHIJS JOHNNY BV — niet-uitvoerend en onafhankelijk bestuurder
- 30/05/2023reconductionTHIJS JOHNNY SRL — administrateur non-exécutif et indépendant
- 27/04/2023augmentation_capital
- 27/04/2023nominationOlivier CHAPELLE — Administrateur Délégué
- 27/04/2023nominationOlivier CHAPELLE — Gedelegeerd Bestuurder
- 27/04/2023nominationRalf BECKER — Chief Executive Officer
- 27/04/2023nominationBetty BOGAERT — Chief Information & Digitalisation Officer
- 27/04/2023nominationRob NIJSKENS — Chief Human Resources Officer
- 27/04/2023nominationDirk VERBRUGGEN — Chief Financial & Legal Officer
- 27/04/2023nominationBoo CERNILA — Group General Manager Insulated Panels
- 30/03/2023augmentation_capital
- 27/02/2023nominationOlivier CHAPELLE — Administrateur Délégué
- 27/02/2023nominationOlivier CHAPELLE — Gedelegeerd Bestuurder
- 2022Annual accounts 202241,4 M €↓
- 25/08/2022nominationOlivier CHAPELLE — Administrateur Délégué
- 25/08/2022nominationOlivier CHAPELLE — Gedelegeerd Bestuurder
- 30/06/2022augmentation_capital
- 23/06/2022nominationOlivier CHAPELLE — Administrateur Délégué
- 23/06/2022nominationOlivier CHAPELLE — Gedelegeerd Bestuurder
- 31/05/2022reconductionTHIJS JOHNNY BV — niet-uitvoerend en onafhankelijk bestuurder
- 31/05/2022reconductionOLIVIER CHAPELLE SRL — uitvoerend bestuurder
- 31/05/2022reconductionMOROXCO BV — niet-uitvoerend en onafhankelijk bestuurder
- 31/05/2022reconductionIMRADA BV — niet-uitvoerend en onafhankelijk bestuurder
- 31/05/2022reconductionTHIJS JOHNNY SRL — administrateur non-exécutif et indépendant
- 31/05/2022reconductionOLIVIER CHAPELLE SRL — administrateur exécutif
- 31/05/2022reconductionMOROXCO SRL — administrateur non-exécutif et indépendant
- 31/05/2022reconductionIMRADA SRL — administrateur non-exécutif et indépendant
- 31/05/2022augmentation_capital
- 28/04/2022augmentation_capital
- 01/04/2022nominationOlivier CHAPELLE — Administrateur Délégué
- 01/04/2022nominationOlivier CHAPELLE — Gedelegeerd Bestuurder
- 09/03/2022nominationBALTISSE NV — niet-uitvoerend bestuurder
- 09/03/2022nominationBALTISSE S.A. — administrateur non-exécutif
- 2021Annual accounts 202166,3 M €↑
- 2020Annual accounts 2020-4,4 M €↓
- 2016Annual accounts 201625 M €↑
- 2015Annual accounts 2015427,8 k €↑
- 2014Annual accounts 2014-9,5 M €↓
- 2013Annual accounts 2013461,7 k €↓
- 2012Annual accounts 201210,6 M €↓
- 2011Annual accounts 201112 M €↓
- 2010Annual accounts 201043,7 M €↑
- 2009Annual accounts 20095,4 M €↑
- 2008Annual accounts 20085,4 M €
- 19/06/1896IncorporationPublic limited company