ACTIVE

Honeywell Europe

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Financial year 2025 · Closed on 31/12/2025

Net result3,6 M €+35,5 %over 1 year
Revenue23,1 M €-15,6 %over 1 year
Equity199,2 M €+1,8 %over 1 year
Workforce23,5 ETP-8,6 %over 1 year

Identity

Source · BCE/KBO

Honeywell Europe is a Private limited company incorporated in 1972. Its registered office is in Machelen (Brab.). It employs on average 23,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0412.674.127
Incorporation
02/10/1972
Legal form
Private limited company
Registered office
Hermeslaan 1H
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital
43 690 733,81 €
Latest accounts
31/12/2025
Average workforce
23,5 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 34 filings

Trend over 10 financial years

20252024202320222021
Income statement
Revenue23,1 M €27,4 M €25,6 M €20,6 M €22,8 M €
EBITDA486,9 k €-1,3 M €645,5 k €-1 M €-693,9 k €
Operating result486,9 k €-1,3 M €643,3 k €-1 M €-748,3 k €
Net result3,6 M €2,7 M €1,9 M €2,8 M €6,4 M €
Balance sheet
Equity199,2 M €195,6 M €193 M €191,1 M €188,3 M €
Total assets333,4 M €262,1 M €292,6 M €4,4 Md €3,7 Md €
Cash–––404,2 M €351,2 M €
Debts134,1 M €66,5 M €99,7 M €4,2 Md €3,5 Md €
Other
Workforce23,5 ETP25,7 ETP28,9 ETP33,3 ETP32,6 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

3 active · 24 ended

Active mandates

Geers Alex

Director · since 01 janvier 2023

Active
Timmerman Joke

Chairman of the board of directors · since 01 janvier 2023

Active
Verhamme Ignace

Director · since 01 janvier 2023

Active

Ended mandates

Clifford Ronan

Director · since 17 janvier 2022 · until 30 juin 2023

Ended
Clifford Ronan

Director · since 17 janvier 2022 · until 16 janvier 2028

Ended
Timmerman Joke

Chairman of the board of directors · since 01 juillet 2021 · until 30 juin 2027

Ended
Timmerman Joke

Chairman of the board of directors · since 30 juin 2021 · until 30 juin 2027

Ended

Other companies at this address

Hermeslaan 1H 1831 Machelen (Brab.)
CompanyCBE no.
Compass Group Belgium● Active
0408.364.753
ELSTER WATER METERING● Active
0538.729.387
EnergyICT● Active
0443.515.573
Honeywell● Active
0421.776.982
Honeywell● Active
0402.220.891
Honeywell Aerospace Belgium● Active
1027.197.237
HONEYWELL ANALYTICS● Active
0446.601.559
PITTWAY● Active
0695.418.635
U O P● Active
0436.044.296
UOP PRODUCTS BELGIUM● Active
0893.676.737

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 date10/07/202614/08/202526/08/202430/08/202318/08/202213/07/2021
General meeting30/06/202630/06/202519/08/202430/06/202330/06/202230/06/2021
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, 34 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202610/07/2026DutchPDF
Full model31/12/202430/06/202514/08/2025DutchPDF
Full model31/12/202319/08/202426/08/2024DutchPDF
Full model31/12/202230/06/202330/08/2023DutchPDF
Full model31/12/202130/06/202218/08/2022DutchPDF
Full model31/12/202030/06/202113/07/2021DutchPDF
Full modelCorrection31/12/201931/07/202017/12/2020DutchPDF
Full model31/12/201931/07/202028/08/2020DutchPDF
Full model31/12/201814/08/201927/09/2019DutchPDF
Full model31/12/201814/08/201930/08/2019FrenchPDF
Full model31/12/201729/06/201826/07/2018FrenchPDF
Full model31/12/201729/06/201826/07/2018DutchPDF
Full model31/12/201630/06/201710/08/2017DutchPDF
Full model31/12/201630/06/201710/08/2017FrenchPDF
Full model31/12/201527/09/201612/10/2016DutchPDF
Full model31/12/201527/09/201612/10/2016FrenchPDF
Full model31/12/201428/06/201507/07/2015FrenchPDF
Full model31/12/201426/06/201506/07/2015DutchPDF
Full model31/12/201326/06/201417/07/2014DutchPDF
Full model31/12/201326/06/201415/07/2014FrenchPDF
Full model31/12/201227/06/201316/07/2013DutchPDF
Full model31/12/201227/06/201316/07/2013FrenchPDF
Full model31/12/201129/06/201218/07/2012FrenchPDF
Full model31/12/201129/06/201218/07/2012DutchPDF

View all 34 filings

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

3 active · 24 ended

Active mandates

Geers Alex

Director · since 01 janvier 2023

Active
Timmerman Joke

Chairman of the board of directors · since 01 janvier 2023

Active
Verhamme Ignace

Director · since 01 janvier 2023

Active

Ended mandates

Clifford Ronan

Director · since 17 janvier 2022 · until 30 juin 2023

Ended
Clifford Ronan

Director · since 17 janvier 2022 · until 16 janvier 2028

Ended
Timmerman Joke

Chairman of the board of directors · since 01 juillet 2021 · until 30 juin 2027

Ended
Timmerman Joke

Chairman of the board of directors · since 30 juin 2021 · until 30 juin 2027

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares17/08/2026
    Mededeling van de vereniging van alle aandelen in één hand - Neerlegging È
    PDF
  • Mandates23/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/12/2023
    DIVERSEN
    PDF
  • Mandates14/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates06/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/01/2022
    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 20253,6 M €↑
  2. 2024
    Annual accounts 20242,7 M €↑
  3. 20/08/2024
    reconductionDeloitte Bedrijfsrevisoren — commissaris
  4. 2023
    Annual accounts 20231,9 M €↓
  5. 2022
    Annual accounts 20222,8 M €↓
  6. 2021
    Annual accounts 20216,4 M €↓
  7. 01/01/2021
    nominationCarl Laschet — vaste vertegenwoordiger van de commissaris
  8. 2020
    Annual accounts 20207,3 M €↓
  9. 2019
    Annual accounts 201913,6 M €↑
  10. 2018
    Annual accounts 20184,5 M €↑
  11. 2017
    Annual accounts 20173,5 M €↓
  12. 2016
    Annual accounts 20167,9 M €
  13. 02/10/1972
    IncorporationPrivate limited company