ACTIVE

Brink's Solutions Belgium

Financial year 2023 · Closed on 31/12/2023

Net result-1,3 M €-741,0 %over 1 year
Revenue59,3 M €+4,0 %over 1 year
Equity6,2 M €+323,5 %over 1 year
Workforce624,7 ETP-2,6 %over 1 year

Identity

Source · BCE/KBO

Brink's Solutions Belgium is a Public limited company incorporated in 1969. Its registered office is in Dilbeek. It employs on average 624,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0406.590.643
Incorporation
22/04/1969
Legal form
Public limited company
Registered office
Spoorwegstraat 20
1702 Dilbeek · FlandreSee on map
Contributed capital
24 070 461,00 €
Latest accounts
31/12/2023
Average workforce
624,7 ETP
Joint committees (1)
  • 317
Contacts
2 public details availableLog in to view
Signals
Positive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 36 filings

Trend over 18 financial years

20232022202120202019
Income statement
Revenue59,3 M €57 M €55,4 M €56,3 M €65,2 M €
EBITDA4,5 M €3,7 M €-4,7 M €-2,5 M €7,7 M €
Operating result-212 k €287,7 k €-7,7 M €-8,3 M €-999,5 k €
Net result-1,3 M €-153,1 k €-7,9 M €-8,6 M €-1,3 M €
Balance sheet
Equity6,2 M €1,5 M €1,6 M €3,5 M €12,1 M €
Total assets37 M €30,1 M €24,4 M €24,3 M €33,5 M €
Cash14,4 M €8,3 M €6,5 M €3,7 M €9,3 M €
Debts27,2 M €24,9 M €17,9 M €16,5 M €18,4 M €
Other
Workforce624,7 ETP641,4 ETP736,0 ETP821,9 ETP780,1 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 31/12/2023

3 active · 51 ended

Active mandates

Joyce Pafort

Director · since 12 février 2024 · until 27 mai 2030

Active
Andreas Coppens

Director · since 26 mars 2020 · until 12 février 2024

Active
Kris Benoit

Director · since 26 mars 2020 · until 26 mai 2025

Active

Ended mandates

Andreas Coppens

Director · since 26 mars 2020 · until 26 mai 2025

Ended
Guido Verbeek

Director · since 19 novembre 2018 · until 27 mai 2024

Ended
Guido Verbeek

Managing director · since 19 novembre 2018 · until 26 mars 2020

Ended
Steve Kelly

Director · since 12 janvier 2018 · until 19 novembre 2018

Ended

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 date08/06/202620/06/202520/11/202426/06/202317/04/202321/06/2021
General meeting26/05/202626/05/202521/06/202430/05/202330/05/202225/05/2021
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, 36 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/05/202608/06/2026DutchPDF
Full model31/12/202426/05/202520/06/2025DutchPDF
Full modelCorrection31/12/202321/06/202420/11/2024DutchPDF
Full model31/12/202321/06/202424/06/2024DutchPDF
Full model31/12/202230/05/202326/06/2023DutchPDF
Full modelCorrection31/12/202130/05/202217/04/2023DutchPDF
Full model31/12/202130/05/202223/06/2022DutchPDF
Full model31/12/202025/05/202121/06/2021DutchPDF
Full model31/12/201925/05/202030/07/2020DutchPDF
Full model31/12/201925/05/202024/07/2020FrenchPDF
Full model31/12/201827/05/201918/07/2019DutchPDF
Full model31/12/201827/05/201918/07/2019FrenchPDF
Full model31/12/201728/05/201828/06/2018FrenchPDF
Full model31/12/201728/05/201828/06/2018DutchPDF
Full model31/12/201629/05/201729/06/2017FrenchPDF
Full model31/12/201629/05/201729/06/2017DutchPDF
Full model31/12/201530/05/201627/06/2016DutchPDF
Full model31/12/201530/05/201627/06/2016FrenchPDF
Full model31/12/201425/05/201525/06/2015FrenchPDF
Full model31/12/201425/05/201525/06/2015DutchPDF
Full model31/12/201330/06/201431/07/2014FrenchPDF
Full model31/12/201330/06/201431/07/2014DutchPDF
Full model31/12/201227/05/201329/07/2013DutchPDF
Full model31/12/201227/05/201329/07/2013FrenchPDF

View all 36 filings

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 31/12/2023

3 active · 51 ended

Active mandates

Joyce Pafort

Director · since 12 février 2024 · until 27 mai 2030

Active
Andreas Coppens

Director · since 26 mars 2020 · until 12 février 2024

Active
Kris Benoit

Director · since 26 mars 2020 · until 26 mai 2025

Active

Ended mandates

Andreas Coppens

Director · since 26 mars 2020 · until 26 mai 2025

Ended
Guido Verbeek

Director · since 19 novembre 2018 · until 27 mai 2024

Ended
Guido Verbeek

Managing director · since 19 novembre 2018 · until 26 mars 2020

Ended
Steve Kelly

Director · since 12 janvier 2018 · until 19 novembre 2018

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office26/06/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares28/12/2021
    KAPITAAL - AANDELEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 12/02/2024
    nominationJoyce Pafort — onbezoldigd bestuurder
  2. 2023
    Annual accounts 2023-1,3 M €↓
  3. 2022
    Annual accounts 2022-153,1 k €↑
  4. 31/12/2021
    reconductionPwC Bedrijfsrevisoren BV — commissaris
  5. 2021
    Annual accounts 2021-7,9 M €↑
  6. 2020
    Annual accounts 2020-8,6 M €↓
  7. 26/03/2020
    demissionAndreas Coppens — bestuurder
  8. 2019
    Annual accounts 2019-1,3 M €↓
  9. 2019
    Name changeBrink's Solutions Belgium
  10. 2018
    Annual accounts 20181,6 M €↓
  11. 2017
    Annual accounts 20172,2 M €↓
  12. 2016
    Annual accounts 20162,3 M €↓
  13. 2015
    Annual accounts 20153,4 M €↓
  14. 2014
    Annual accounts 20147,6 M €↑
  15. 2013
    Annual accounts 20132,3 M €↓
  16. 2012
    Annual accounts 20124,8 M €↓
  17. 2011
    Annual accounts 20116,6 M €↓
  18. 2010
    Annual accounts 20107,5 M €↓
  19. 2009
    Annual accounts 200934,7 M €↑
  20. 2009
    Name changeG4S Cash Solutions (Belgium)
  21. 2008
    Annual accounts 20087,5 M €↑
  22. 2007
    Annual accounts 20075,8 M €↑
  23. 2006
    Annual accounts 20062,3 M €
  24. 2006
    Name changeG4S Cash Services (Belgium)
  25. 22/04/1969
    IncorporationPublic limited company