ACTIVE

Bandag-Europe

Financial year 2025 · Closed on 31/12/2025

Net result5,1 M €+202,9 %over 1 year
Revenue5,1 M €-82,2 %over 1 year
Equity4,6 M €+1 015,3 %over 1 year
Workforce57,9 ETP-46,3 %over 1 year

Identity

Source · BCE/KBO

Bandag-Europe is a Public limited company incorporated in 1969. Its registered office is in Dilsen-Stokkem. It employs on average 57,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0406.824.037
Incorporation
17/10/1969
Legal form
Public limited company
Registered office
Siemenslaan 15
3650 Dilsen-Stokkem · FlandreSee on map
Contributed capital
625 000,00 €
Latest accounts
31/12/2025
Average workforce
57,9 ETP
Joint committees (2)
  • 116
  • 207
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 20 filings

Trend over 11 financial years

20252024202320222021
Income statement
Revenue5,1 M €28,8 M €40 M €39,2 M €29,7 M €
EBITDA2,1 M €3,6 M €3,9 M €4,1 M €3,8 M €
Operating result1,1 M €738,4 k €933,4 k €1 M €910,7 k €
Net result5,1 M €-4,9 M €141,8 k €602,7 k €606,8 k €
Balance sheet
Equity4,6 M €-501,4 k €4,4 M €4,3 M €3,7 M €
Total assets57,9 M €48,5 M €24,5 M €39,9 M €36,7 M €
Cash–195,6 €752,8 €1,1 k €1,1 k €
Debts48,2 M €23,8 M €19,4 M €34,8 M €32,9 M €
Other
Workforce57,9 ETP107,9 ETP111,7 ETP101,1 ETP123,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 32 ended

Active mandates

Ahmed Boualam

Director · since 27 juin 2025 · until 26 juin 2026

Active
Resat Oruc

Director · since 27 juin 2025 · until 26 juin 2026

Active

Ended mandates

Ahmed Boualam

Director · since 28 juin 2024 · until 27 juin 2025

Ended
Resat Oruc

Director · since 28 juin 2024 · until 27 juin 2025

Ended
Ahmed Boualam

Director · since 30 juin 2023 · until 28 juin 2024

Ended
Didier Descamps

Director · since 30 juin 2023 · until 28 juin 2024

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 date14/07/202627/08/202526/08/202410/08/202320/07/202230/06/2021
General meeting26/06/202627/06/202528/06/202430/06/202324/06/202225/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/06/202614/07/2026DutchPDF
Full model31/12/202427/06/202527/08/2025DutchPDF
Full model31/12/202328/06/202426/08/2024DutchPDF
Full model31/12/202230/06/202310/08/2023DutchPDF
Full model31/12/202124/06/202220/07/2022DutchPDF
Full model31/12/202025/06/202130/06/2021DutchPDF
Full model31/12/201920/04/202011/06/2020DutchPDF
Full model31/12/201815/04/201909/05/2019DutchPDF
Full model31/12/201716/04/201823/04/2018DutchPDF
Full model31/12/201618/04/201724/04/2017DutchPDF
Full model31/12/201518/04/201607/06/2016DutchPDF
Full model31/12/201420/04/201527/04/2015DutchPDF
Full model31/12/201322/04/201429/04/2014DutchPDF
Full model31/12/201215/04/201324/04/2013DutchPDF
Full model31/12/201116/04/201215/05/2012DutchPDF
Full model31/12/201018/04/201111/05/2011DutchPDF
Full model31/12/200919/04/201029/04/2010DutchPDF
Full model31/12/200826/06/200908/07/2009DutchPDF
Full model30/11/200717/03/200804/04/2008DutchPDF
Full model30/11/200619/03/200719/04/2007DutchPDF

Indicative valuation

Order of magnitude

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.

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

2 active · 32 ended

Active mandates

Ahmed Boualam

Director · since 27 juin 2025 · until 26 juin 2026

Active
Resat Oruc

Director · since 27 juin 2025 · until 26 juin 2026

Active

Ended mandates

Ahmed Boualam

Director · since 28 juin 2024 · until 27 juin 2025

Ended
Resat Oruc

Director · since 28 juin 2024 · until 27 juin 2025

Ended
Ahmed Boualam

Director · since 30 juin 2023 · until 28 juin 2024

Ended
Didier Descamps

Director · since 30 juin 2023 · until 28 juin 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/03/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING
    PDF
  • Mandates24/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20255,1 M €↑
  2. 2024
    Annual accounts 2024-4,9 M €↓
  3. 2023
    Annual accounts 2023141,8 k €↓
  4. 2022
    Annual accounts 2022602,7 k €↓
  5. 2021
    Annual accounts 2021606,8 k €↑
  6. 2020
    Annual accounts 2020227,9 k €↑
  7. 2019
    Annual accounts 2019197,4 k €↑
  8. 2018
    Annual accounts 2018191 k €↓
  9. 2017
    Annual accounts 2017321,9 k €↑
  10. 2016
    Annual accounts 2016134,9 k €↓
  11. 2015
    Annual accounts 2015199,5 k €
  12. 17/10/1969
    IncorporationPublic limited company