ACTIVE

Lubrizol Advanced Materials Europe

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Financial year 2024 · Closed on 31/12/2024

Net result211,8 M €+73,1 %over 1 year
Revenue403,7 M €+0,2 %over 1 year
Equity909,4 M €+24,3 %over 1 year
Workforce308,7 ETP-4,8 %over 1 year

Identity

Source · BCE/KBO

Lubrizol Advanced Materials Europe is a Private limited company incorporated in 1971. Its main activity is: Manufacture of plastics in primary forms. Its registered office is in Westerlo. It employs on average 308,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0408.454.528
Incorporation
28/06/1971
Legal form
Private limited company
Registered office
Nijverheidsstraat 30
2260 Westerlo · FlandreSee on map
Contributed capital
268 397 924,20 €
Latest accounts
31/12/2024
Average workforce
308,7 ETP
Joint committees (2)
  • 116
  • 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 40 filings

Trend over 19 financial years

20242023202220212020
Income statement
Revenue403,7 M €403 M €468,7 M €407 M €357,2 M €
EBITDA65,3 M €46,3 M €47,5 M €71,7 M €84,5 M €
Operating result56 M €35,8 M €36,6 M €61 M €73 M €
Net result211,8 M €122,4 M €34,2 M €112,3 M €25,5 M €
Balance sheet
Equity909,4 M €731,5 M €366,9 M €332,7 M €320,5 M €
Total assets1,1 Md €1,2 Md €875,8 M €873,4 M €908,7 M €
Cash23,6 M €109,4 M €76,4 k €9,2 M €10,5 M €
Debts173,4 M €443 M €497,9 M €530 M €578,8 M €
Other
Workforce308,7 ETP324,1 ETP330,9 ETP305,1 ETP222,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 15 ended

Active mandates

Valet Arnaud

Managing director · since 01 février 2024

Active
Gregory Preisel

Director · since 13 octobre 2023

Active

Ended mandates

Lubrizol Holdings France SAS

Director · since 09 juin 2017 · until 30 juin 2023

Represented by Anthony M. Smits

Ended
Lubrizol Holdings France SAS

Director · since 09 juin 2017

Represented by Anthony M. Smits

Ended
Lubrizol Holdings France SAS

Manager · since 09 juin 2017

Represented by Anthony M. Smits

Ended
Marc Verthongen

Managing director · since 09 juin 2017 · until 01 février 2024

Ended

Other companies at this address

Nijverheidsstraat 30 2260 Westerlo
CompanyCBE no.
Lubrizol Personeelsvereniging● Active
0413.262.956

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/07/202504/10/202427/07/202327/07/202215/07/202114/07/2020
General meeting30/06/202503/10/202430/06/202330/06/202230/06/202130/06/2020
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, 40 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202430/06/202501/07/2025DutchPDF
Consolidated accounts31/12/202430/06/202501/07/2025DutchPDF
Full modelCorrection31/12/202303/10/202404/10/2024DutchPDF
Full model31/12/202328/06/202412/07/2024DutchPDF
Consolidated accounts31/12/202328/06/202401/08/2024DutchPDF
Full model31/12/202230/06/202327/07/2023DutchPDF
Consolidated accounts31/12/202230/06/202328/07/2023DutchPDF
Full model31/12/202130/06/202227/07/2022DutchPDF
Consolidated accounts31/12/202131/12/202127/07/2022DutchPDF
Full model31/12/202030/06/202115/07/2021DutchPDF
Consolidated accounts31/12/202001/01/999915/07/2021DutchPDF
Full model31/12/201930/06/202014/07/2020DutchPDF
Consolidated accounts31/12/201901/01/999914/07/2020DutchPDF
Full model31/12/201828/06/201909/07/2019DutchPDF
Consolidated accounts31/12/201801/01/999909/07/2019DutchPDF
Full model31/12/201728/06/201830/07/2018DutchPDF
Consolidated accounts31/12/201701/01/999914/08/2018DutchPDF
Full model31/12/201626/06/201725/07/2017DutchPDF
Consolidated accounts31/12/201601/01/999931/08/2017DutchPDF
Full model31/12/201530/06/201627/07/2016DutchPDF
Consolidated accounts31/12/201501/01/999930/08/2016DutchPDF
Full model31/12/201430/06/201522/07/2015DutchPDF
Consolidated accounts31/12/201401/01/999929/09/2015DutchPDF
Full model31/12/201330/06/201429/07/2014DutchPDF

View all 40 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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 31/12/2024

2 active · 15 ended

Active mandates

Valet Arnaud

Managing director · since 01 février 2024

Active
Gregory Preisel

Director · since 13 octobre 2023

Active

Ended mandates

Lubrizol Holdings France SAS

Director · since 09 juin 2017 · until 30 juin 2023

Represented by Anthony M. Smits

Ended
Lubrizol Holdings France SAS

Director · since 09 juin 2017

Represented by Anthony M. Smits

Ended
Lubrizol Holdings France SAS

Manager · since 09 juin 2017

Represented by Anthony M. Smits

Ended
Marc Verthongen

Managing director · since 09 juin 2017 · until 01 février 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/04/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates22/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/02/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates05/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/07/2020
    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. 30/06/2025
    reconductionBDO Bedrijfsrevisoren BV — Commissaris
  2. 2024
    Annual accounts 2024211,8 M €↑
  3. 01/02/2024
    nominationArnaud Valet — Bestuurder en Gedelegeerd Bestuurder
  4. 2023
    Annual accounts 2023122,4 M €↑
  5. 13/10/2023
    nominationGregory E. Preisel — Bestuurder
  6. 2022
    Annual accounts 202234,2 M €↓
  7. 30/06/2022
    reconductionBOO Bedrijfsrevisoren BV — Commissaris
  8. 2021
    Annual accounts 2021112,3 M €↑
  9. 2020
    Annual accounts 202025,5 M €↓
  10. 2019
    Annual accounts 201990,7 M €↓
  11. 2018
    Annual accounts 2018143 M €↑
  12. 2017
    Annual accounts 201793,9 M €↑
  13. 2016
    Annual accounts 201678,9 M €↑
  14. 2015
    Annual accounts 201560 M €↑
  15. 2014
    Annual accounts 201423,7 M €↓
  16. 2013
    Annual accounts 201326,6 M €↑
  17. 2012
    Annual accounts 201223,6 M €↓
  18. 2011
    Annual accounts 201124,8 M €↑
  19. 2010
    Annual accounts 201021,1 M €↑
  20. 2009
    Annual accounts 200916,2 M €↓
  21. 2008
    Annual accounts 200851,8 M €↑
  22. 2007
    Annual accounts 200742,3 M €↑
  23. 2006
    Annual accounts 200610,2 M €
  24. 28/06/1971
    IncorporationPrivate limited company