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

Activities (NACE)

20160Manufacture of plastics in primary forms· main 20160Manufacture of plastics in primary forms 22260Manufacture of plastic products 22290Manufacture of other plastic products 24160Manufacture of basic iron and steel and of ferro-alloys 25240Manufacture of tanks, reservoirs and containers of metal

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 40 filings

Trend over 19 financial years

	2024		2023		2022		2021		2020
Income statement
Revenue	403,7 M €	+0.2%	403 M €	-14.0%	468,7 M €	+15.1%	407 M €	+14.0%	357,2 M €
EBITDA	65,3 M €	+41.0%	46,3 M €	-2.6%	47,5 M €	-33.7%	71,7 M €	-15.2%	84,5 M €
Operating result	56 M €	+56.3%	35,8 M €	-2.2%	36,6 M €	-40.0%	61 M €	-16.4%	73 M €
Net result	211,8 M €	+73.1%	122,4 M €	+258%	34,2 M €	-69.5%	112,3 M €	+341%	25,5 M €
Balance sheet
Equity	909,4 M €	+24.3%	731,5 M €	+99.4%	366,9 M €	+10.3%	332,7 M €	+3.8%	320,5 M €
Total assets	1,1 Md €	-8.0%	1,2 Md €	+35.1%	875,8 M €	+0.3%	873,4 M €	-3.9%	908,7 M €
Cash	23,6 M €	-78.5%	109,4 M €	+143084%	76,4 k €	-99.2%	9,2 M €	-12.1%	10,5 M €
Debts	173,4 M €	-60.9%	443 M €	-11.0%	497,9 M €	-6.1%	530 M €	-8.4%	578,8 M €
Other
Workforce	308,7 ETP	-4.8%	324,1 ETP	-2.1%	330,9 ETP	+8.5%	305,1 ETP	+37.1%	222,5 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

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Valet Arnaud	Managing director	since 01/02/2024	000
Gregory Preisel	Director	since 13/10/2023	000

Ended mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Lubrizol Holdings France SASRepresented by Anthony M. Smits	Director	09/06/2017 → 30/06/2023
Lubrizol Holdings France SASRepresented by Anthony M. Smits	Director	since 09/06/2017
Lubrizol Holdings France SASRepresented by Anthony M. Smits	Manager	since 09/06/2017
Marc Verthongen	Managing director	09/06/2017 → 01/02/2024	000

Other companies at this address

Nijverheidsstraat 30 2260 Westerlo

Company	CBE no.
Lubrizol Personeelsvereniging● Active	0413.262.956

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/07/2025	04/10/2024	27/07/2023	27/07/2022	15/07/2021	14/07/2020
General meeting	30/06/2025	03/10/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
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, 40 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	30/06/2025	01/07/2025	Dutch	PDF
Consolidated accounts	31/12/2024	30/06/2025	01/07/2025	Dutch	PDF
Full modelCorrection	31/12/2023	03/10/2024	04/10/2024	Dutch	PDF
Full model	31/12/2023	28/06/2024	12/07/2024	Dutch	PDF
Consolidated accounts	31/12/2023	28/06/2024	01/08/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Consolidated accounts	31/12/2022	30/06/2023	28/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	27/07/2022	Dutch	PDF
Consolidated accounts	31/12/2021	31/12/2021	27/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	15/07/2021	Dutch	PDF
Consolidated accounts	31/12/2020	01/01/9999	15/07/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	14/07/2020	Dutch	PDF
Consolidated accounts	31/12/2019	01/01/9999	14/07/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	09/07/2019	Dutch	PDF
Consolidated accounts	31/12/2018	01/01/9999	09/07/2019	Dutch	PDF
Full model	31/12/2017	28/06/2018	30/07/2018	Dutch	PDF
Consolidated accounts	31/12/2017	01/01/9999	14/08/2018	Dutch	PDF
Full model	31/12/2016	26/06/2017	25/07/2017	Dutch	PDF
Consolidated accounts	31/12/2016	01/01/9999	31/08/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	27/07/2016	Dutch	PDF
Consolidated accounts	31/12/2015	01/01/9999	30/08/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	22/07/2015	Dutch	PDF
Consolidated accounts	31/12/2014	01/01/9999	29/09/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	29/07/2014	Dutch	PDF
Consolidated accounts	31/12/2013	01/01/9999	30/07/2014	Dutch	PDF
Full model	31/12/2012	28/06/2013	10/07/2013	Dutch	PDF
Consolidated accounts	31/12/2012	01/01/9999	21/08/2013	Dutch	PDF
Full model	31/12/2011	29/06/2012	10/07/2012	Dutch	PDF
Consolidated accounts	31/12/2011	01/01/9999	28/08/2012	Dutch	PDF
Full modelCorrection	31/12/2010	30/06/2011	13/03/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	13/07/2011	Dutch	PDF
Consolidated accounts	31/12/2010	01/01/9999	02/08/2011	Dutch	PDF
Full model	31/12/2009	30/06/2010	13/07/2010	Dutch	PDF
Consolidated accounts	31/12/2009	01/01/9999	14/07/2010	Dutch	PDF
Full model	31/12/2008	30/06/2009	13/07/2009	Dutch	PDF
Consolidated accounts	31/12/2008	01/01/9999	13/07/2009	Dutch	PDF
Full model	31/12/2007	30/06/2008	16/07/2008	Dutch	PDF
Consolidated accounts	31/12/2007	01/01/9999	17/07/2008	Dutch	PDF
Full model	31/12/2006	29/06/2007	13/07/2007	Dutch	PDF
Consolidated accounts	31/12/2006	01/01/9999	11/07/2007	Dutch	PDF

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

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Valet Arnaud	Managing director	since 01/02/2024	000
Gregory Preisel	Director	since 13/10/2023	000

Ended mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Lubrizol Holdings France SASRepresented by Anthony M. Smits	Director	09/06/2017 → 30/06/2023
Lubrizol Holdings France SASRepresented by Anthony M. Smits	Director	since 09/06/2017
Lubrizol Holdings France SASRepresented by Anthony M. Smits	Manager	since 09/06/2017
Marc Verthongen	Managing director	09/06/2017 → 01/02/2024	000

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

30/06/2025
reconductionBDO Bedrijfsrevisoren BV · Commissaris
2024
Annual accounts 2024211,8 M €↑
01/02/2024
nominationArnaud Valet · Bestuurder en Gedelegeerd Bestuurder
2023
Annual accounts 2023122,4 M €↑
13/10/2023
nominationGregory E. Preisel · Bestuurder
2022
Annual accounts 202234,2 M €↓
30/06/2022
reconductionBOO Bedrijfsrevisoren BV · Commissaris
2021
Annual accounts 2021112,3 M €↑
2020
Annual accounts 202025,5 M €↓
2019
Annual accounts 201990,7 M €↓
2018
Annual accounts 2018143 M €↑
2017
Annual accounts 201793,9 M €↑
2016
Annual accounts 201678,9 M €↑
2015
Annual accounts 201560 M €↑
2014
Annual accounts 201423,7 M €↓
2013
Annual accounts 201326,6 M €↑
2012
Annual accounts 201223,6 M €↓
2011
Annual accounts 201124,8 M €↑
2010
Annual accounts 201021,1 M €↑
2009
Annual accounts 200916,2 M €↓
2008
Annual accounts 200851,8 M €↑
2007
Annual accounts 200742,3 M €↑
2006
Annual accounts 200610,2 M €
28/06/1971
IncorporationPrivate limited company

Lubrizol Advanced Materials Europe

Overview

Identity

Financials

Valuation

Indicative valuation

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