ACTIVE

Société Anonyme Belge de Constructions Aéronautiques

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Financial year 2025 · Closed on 31/12/2025

Net result-20,8 M €-18,7 %over 1 year

Revenue108 M €-7,2 %over 1 year

Equity-38,1 M €-349,4 %over 1 year

Workforce329,7 ETP-22,4 %over 1 year

Identity

Source · BCE/KBO

Société Anonyme Belge de Constructions Aéronautiques is a Public limited company incorporated in 1920. Its main activity is: Manufacture of air and spacecraft and related machinery. Its registered office is in Bruxelles. It employs on average 329,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0405.770.992
Incorporation: 16/12/1920
Legal form: Public limited company
Registered office: Chaussée de Haecht 1470
1130 Bruxelles · BruxellesSee on map
Contributed capital: 6 879 252,16 €
Latest accounts: 31/12/2025
Average workforce: 329,7 ETP

Activities (NACE)

30300Manufacture of air and spacecraft and related machinery· main 30310Manufacture of air and spacecraft and related machinery 35300Steam and air conditioning supply

Joint committees (2)

Contacts

1 public detail availableLog in to view

Signals

Good liquidityHealthy social debtsHigh revenue

Financials

Source · NBB, 87 filings

Trend over 13 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	108 M €	-7.2%	116,3 M €	+21.3%	95,9 M €	-4.7%	100,6 M €	-23.4%	131,3 M €
EBITDA	-9,9 M €	+52.4%	-20,7 M €	+12.0%	-23,5 M €	-21.4%	-19,4 M €	-112%	-9,2 M €
Operating result	-17,8 M €	-25.0%	-14,2 M €	-348%	-3,2 M €	-124%	-1,4 M €	-191%	1,6 M €
Net result	-20,8 M €	-18.7%	-17,6 M €	-407%	-3,5 M €	-655%	624,1 k €	-67.4%	1,9 M €
Balance sheet
Equity	-38,1 M €	-349%	-8,5 M €	-145%	18,8 M €	-15.5%	22,3 M €	-34.3%	33,9 M €
Total assets	257,5 M €	+11.8%	230,3 M €	+11.1%	207,3 M €	+10.4%	187,8 M €	-12.6%	214,8 M €
Cash	446,8 k €	-97.6%	18,4 M €	+1421%	1,2 M €	-48.5%	2,3 M €	-84.0%	14,6 M €
Debts	282,8 M €	+20.9%	233,9 M €	+29.5%	180,6 M €	+32.1%	136,8 M €	+3.7%	131,9 M €
Other
Workforce	329,7 ETP	-22.4%	424,9 ETP	-9.1%	467,4 ETP	-27.0%	640,7 ETP	-21.7%	817,8 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 50 ended

Active mandates

SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 31 décembre 2025 · until 31 mai 2030 · 0253.445.063

Represented by Tom FEYS

Active

Erik VAN OCKENBURG

Director · since 20 juin 2024 · until 31 mai 2030

Active

Koenraad VAN LOO

Director · since 20 juin 2024 · until 31 mai 2030

Active

AND ONE MANAGEMENT

Director · since 27 novembre 2020 · until 31 mai 2030 · 0758.517.630

Represented by Olivier Henin

Active

B GLOBAL MANAGEMENT

Managing director · since 18 juin 2020 · until 31 mai 2030 · 0552.883.667

Represented by Stéphane Burton

Active

Sergio CALANDRI

Director · since 18 juin 2020 · until 31 mai 2030

Active

Tom FEYS

Director · since 18 juin 2020 · until 31 décembre 2025

Active

SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Mandate · 0253.445.063

Represented by Tom FEYS

Active

Ended mandates

AND ONE MANAGEMENT

Director · since 27 novembre 2020 · until 30 mai 2024 · 0758.517.630

Ended

AND ONE MANAGEMENT

Director · since 27 novembre 2020 · until 27 juin 2024 · 0758.517.630

Ended

Walter STEPHAN

Director · since 22 octobre 2020 · until 30 mai 2024

Ended

Walter STEPHAN

Director · since 22 octobre 2020 · until 27 juin 2024

Ended

Other companies at this address

Chaussée de Haecht 1470 1130 Bruxelles

Company	CBE no.
Association Belge pour l'Aviation Patrouilleur● Active	0545.413.380
Orizio Re● Active	0805.519.870
SABCA C.D.R.● Active	0451.147.295

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	31/07/2026	28/07/2025	10/07/2024	15/06/2024	28/06/2022	10/06/2021
General meeting	31/07/2026	23/07/2025	27/06/2024	14/06/2024	16/06/2022	27/05/2021
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

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Annual accounts filings

Source · NBB, 87 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	31/07/2026	31/07/2026	French	PDF
Full model	31/12/2025	31/07/2026	31/07/2026	Dutch	PDF
Full model	31/12/2024	23/07/2025	28/07/2025	English	PDF
Full model	31/12/2024	23/07/2025	25/07/2025	Dutch	PDF
Full model	31/12/2024	23/07/2025	25/07/2025	French	PDF
Full model	31/12/2023	27/06/2024	10/07/2024	Dutch	PDF
Full model	31/12/2023	27/06/2024	10/07/2024	French	PDF
Full modelCorrection	31/12/2022	14/06/2024	15/06/2024	Dutch	PDF
Full modelCorrection	31/12/2022	14/06/2024	15/06/2024	French	PDF
Full model	31/12/2022	30/06/2023	30/06/2023	French	PDF
Full model	31/12/2022	30/06/2023	30/06/2023	Dutch	PDF
Full model	31/12/2021	16/06/2022	28/06/2022	Dutch	PDF
Full model	31/12/2021	16/06/2022	28/06/2022	French	PDF
Full model	31/12/2020	27/05/2021	10/06/2021	French	PDF
Full model	31/12/2019	28/05/2020	19/06/2020	French	PDF
Consolidated accounts	31/12/2019	28/05/2020	19/06/2020	French	PDF
Full model	31/12/2018	06/06/2019	17/06/2019	French	PDF
Consolidated accounts	31/12/2018	06/06/2019	18/06/2019	French	PDF
Full model	31/12/2017	31/05/2018	19/06/2018	French	PDF
Consolidated accounts	31/12/2017	31/05/2018	19/06/2018	French	PDF
Full model	31/12/2016	01/06/2017	21/06/2017	French	PDF
Consolidated accounts	31/12/2016	01/06/2017	21/06/2017	French	PDF
Full model	31/12/2015	26/05/2016	02/06/2016	French	PDF
Consolidated accounts	31/12/2015	26/05/2016	02/06/2016	French	PDF

View all 87 filings

Indicative valuation

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

8 active · 50 ended

Active mandates

SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 31 décembre 2025 · until 31 mai 2030 · 0253.445.063

Represented by Tom FEYS

Active

Erik VAN OCKENBURG

Director · since 20 juin 2024 · until 31 mai 2030

Active

Koenraad VAN LOO

Director · since 20 juin 2024 · until 31 mai 2030

Active

AND ONE MANAGEMENT

Director · since 27 novembre 2020 · until 31 mai 2030 · 0758.517.630

Represented by Olivier Henin

Active

B GLOBAL MANAGEMENT

Managing director · since 18 juin 2020 · until 31 mai 2030 · 0552.883.667

Represented by Stéphane Burton

Active

Sergio CALANDRI

Director · since 18 juin 2020 · until 31 mai 2030

Active

Tom FEYS

Director · since 18 juin 2020 · until 31 décembre 2025

Active

SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Mandate · 0253.445.063

Represented by Tom FEYS

Active

Ended mandates

AND ONE MANAGEMENT

Director · since 27 novembre 2020 · until 30 mai 2024 · 0758.517.630

Ended

AND ONE MANAGEMENT

Director · since 27 novembre 2020 · until 27 juin 2024 · 0758.517.630

Ended

Walter STEPHAN

Director · since 22 octobre 2020 · until 30 mai 2024

Ended

Walter STEPHAN

Director · since 22 octobre 2020 · until 27 juin 2024

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Other25/08/2026
Hernieuwing van het mandaat
PDF
Other25/08/2026
Renouvellement de mandat
PDF
Mandates24/04/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates16/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/03/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates06/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring11/08/2025
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring11/08/2025
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

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

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Timeline

22/03/2026
nominationVanessa Cordonnier — représentant permanent de KPMG Réviseurs d'entreprise
22/03/2026
nominationVanessa Cordonnier — vaste vertegenwoordiger van KPMG Bedrijfsrevisoren
31/12/2025
nominationSociété fédérale de participation et d'investissement SA — administrateur
31/12/2025
nominationFederale Participatie- en Investeringsmaatschappij NV — bestuurder
2025
Annual accounts 2025-20,8 M €↓
30/07/2025
reduction_capital
01/01/2025
split
2024
Annual accounts 2024-17,6 M €↓
04/09/2024
nominationSamuel Weynants — bestuurder (van Tages Advice BV)
28/06/2024
nominationB Global Management BV — bestuurder van Categorie A
28/06/2024
nominationAnd One Management BV — bestuurder van Categorie A
28/06/2024
nominationTom Feys — bestuurder van Categorie B
28/06/2024
reconductionB Global Management SRL — administrateur de Catégorie A
28/06/2024
reconductionAnd One Management SRL — administrateur de Catégorie A
28/06/2024
reconductionTom Feys — administrateur de Catégorie B
20/06/2024
nominationKoenraad Van Loo — bestuurder van Categorie B
20/06/2024
nominationSergio Calandri — onafhankelijke bestuurder
20/06/2024
nominationErik van Ockenburg — onafhankelijke bestuurder
20/06/2024
nominationKoenraad Van Loo — administrateur de Catégorie B
20/06/2024
nominationSergio Calandri — administrateur indépendant
20/06/2024
nominationErik van Ockenburg — administrateur indépendant
13/06/2024
reduction_capital
29/02/2024
nominationSRL B-Global Management — administrateur délégué à la gestion journalière
29/02/2024
reduction_capital
12/02/2024
nominationStéphane Burton — gedelegeerd bestuurder
12/02/2024
nominationThibauld Jongen — gedelegeerd bestuurder
12/02/2024
nominationSRL B-Global Management — administrateur délégué à la gestion journalière
15/01/2024
nominationSamuel Weynants — gestion journalière
01/01/2024
split
31/12/2023
nominationXavier Nys — commissaris (vaste vertegenwoordiger)
31/12/2023
nominationKPMG Réviseurs d'Entreprises BV/SRL — commissaire
31/12/2023
nominationXavier Nys — représentant permanent
2023
Annual accounts 2023-3,5 M €↓
2022
Annual accounts 2022624,1 k €↓
19/07/2022
nominationSRL Shipset7 — administrateur délégué
30/06/2022
reduction_capital
16/06/2022
nominationSRL Shipset7 — administrateur
16/06/2022
nominationSergio Calandri — administrateur
01/01/2022
split
2021
Annual accounts 20211,9 M €↑
2020
Annual accounts 2020-3,9 M €↑
2014
Annual accounts 2014-28,1 M €↓
2013
Annual accounts 20136,1 M €↓
2012
Annual accounts 20129,9 M €↑
2011
Annual accounts 20116,3 M €↑
2010
Annual accounts 20106,2 M €↑
2009
Annual accounts 20095,5 M €↓
2008
Annual accounts 20086,5 M €
16/12/1920
IncorporationPublic limited company

Société Anonyme Belge de Constructions Aéronautiques

Overview

Identity

Financials

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