ACTIVE

Carrier Fire & Security EMEA

Financial year 2023 · closed on 31/12/2023
Net result
3,4 M €
+178.2% YoY
Revenue
11,2 M €
-2.6% YoY
Equity
69,3 M €
+5.2% YoY
Workforce
68,4 ETP
+1.8% YoY

What does Carrier Fire & Security EMEA do?

Carrier Fire & Security EMEA is a Private limited company incorporated in 1974. Its main activity is: Manufacture of instruments and appliances for measuring, testing and navigation. Its registered office is in Wommelgem. It employs on average 68,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0414.003.225
Incorporation
01/02/1974
Legal form
Private limited company
Registered office
Koralenhoeve 8a
2160 Wommelgem · FlandreSee on map
Contributed capital
173 262 000,00 €
Latest accounts
31/12/2023
Average workforce
68,4 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue11,2 M €11,5 M €10,5 M €10,1 M €10,8 M €11 M €11 M €11,5 M €11,9 M €12,3 M €11,6 M €11,3 M €10,6 M €10,9 M €9,7 M €11 M €10,8 M €10,6 M €
EBITDA7,1 M €3,1 M €9,9 M €-8,1 M €3,5 M €8,3 M €3,6 M €15,9 M €12 M €16,5 M €9,5 M €30 M €4,8 M €6,5 M €1,4 M €32,3 M €6,9 M €12,6 M €
Operating result2,8 M €-4,2 M €-9,3 M €-27,3 M €-16,3 M €-11,6 M €-16,2 M €-4 M €-7,9 M €975,4 k €-6,1 M €14,8 M €-11,5 M €-6,9 M €465,6 k €27 M €1,9 M €7,6 M €
Net result3,4 M €-4,4 M €-9,3 M €-27,3 M €-16,3 M €-11,7 M €-16,1 M €-4 M €-8,1 M €889,5 k €-4,7 M €14,9 M €-11,8 M €-9,2 M €-190 k €-511,2 k €1,8 M €42,5 M €
Balance sheet
Equity69,3 M €65,8 M €70,2 M €79,6 M €106,9 M €123,2 M €135 M €151,1 M €155,1 M €163,2 M €162,3 M €167 M €152,2 M €163,9 M €-128,8 k €61,1 k €9,1 M €48,2 M €
Total assets77,6 M €73,7 M €86,9 M €86,9 M €117,4 M €139,4 M €148,9 M €158,2 M €173 M €173,4 M €175,4 M €204,1 M €171,7 M €180,5 M €29 M €22,8 M €96,4 M €115,9 M €
Cash127 k €637,8 €11 k €61,3 k €361,4 k €785,1 k €850 k €270,7 k €81,7 k €5,8 M €4,4 M €6,9 M €1,8 M €5,5 M €23,6 M €12,2 M €19,8 M €151,1 k €
Debts7,2 M €6,4 M €15,2 M €6 M €10 M €15,1 M €11,7 M €5,8 M €16,1 M €9,2 M €12,2 M €34,9 M €18,3 M €15,4 M €28,9 M €22,3 M €86,8 M €67,6 M €
Other
Workforce68,4 ETP67,2 ETP65,7 ETP69,3 ETP73,7 ETP70,4 ETP80,9 ETP95,1 ETP92,8 ETP82,6 ETP80,7 ETP80,2 ETP84,1 ETP87,1 ETP93,7 ETP96,9 ETP96,1 ETP99,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2023 · 3 active · 37 ended

Active mandates

Veena Thyamagondalu

Director · since 27 juin 2022

Active
Dan Thompson

Director · since 09 novembre 2021 · until 02 décembre 2024

Active
Meghan Toner

Director · since 09 novembre 2021

Active

Ended mandates

Dan Thompson

Director · since 09 novembre 2021

Ended
Morgane Bens

Director · since 17 décembre 2018 · until 09 novembre 2021

Ended
Morgane Bens

Director · since 17 décembre 2018

Ended
Morgane Bens

Manager · since 17 décembre 2018

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountConsolidated accountsFull 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 date18/08/202514/03/202512/07/202328/07/202223/08/202126/03/2021
General meeting27/12/202427/06/202329/06/202216/07/202108/03/2021
Currency of the financial yearUSDEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Consolidated accounts31/12/202418/08/2025DutchPDF
Full model31/12/202327/12/202414/03/2025DutchPDF
Full model31/12/202227/06/202312/07/2023DutchPDF
Full model31/12/202129/06/202228/07/2022DutchPDF
Full model31/12/202016/07/202123/08/2021DutchPDF
Full model31/12/201908/03/202126/03/2021DutchPDF
Full model31/12/201828/06/201909/08/2019DutchPDF
Full model31/12/201729/06/201823/07/2018DutchPDF
Full model31/12/201629/06/201711/08/2017DutchPDF
Full model31/12/201530/06/201629/07/2016DutchPDF
Full model31/12/201427/07/201531/08/2015DutchPDF
Full model31/12/201330/06/201408/07/2014DutchPDF
Full model31/12/201204/10/201319/11/2013DutchPDF
Full model31/12/201108/03/201322/03/2013DutchPDF
Full model31/12/201021/12/201130/01/2012DutchPDF
Full model31/12/200930/06/201016/07/2010DutchPDF
Full model31/12/200814/05/200919/05/2009DutchPDF
Full model31/12/200726/06/200830/06/2008DutchPDF
Full model31/12/200628/06/200729/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Governance

Board of directors

Seen on filing of 31/12/2023 · 3 active · 37 ended

Active mandates

Veena Thyamagondalu

Director · since 27 juin 2022

Active
Dan Thompson

Director · since 09 novembre 2021 · until 02 décembre 2024

Active
Meghan Toner

Director · since 09 novembre 2021

Active

Ended mandates

Dan Thompson

Director · since 09 novembre 2021

Ended
Morgane Bens

Director · since 17 décembre 2018 · until 09 novembre 2021

Ended
Morgane Bens

Director · since 17 décembre 2018

Ended
Morgane Bens

Manager · since 17 décembre 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office06/01/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates06/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 13/03/2025
    nominationBATKIEWICZ CRUCHO Sylwia — bestuurder
  2. 13/03/2025
    unknownTONER Meghan — bestuurder
  3. 13/03/2025
    unknownTHYAMAGONDALU Veena — bestuurder
  4. 06/01/2025
    nominationHELSEN Griet — vaste vertegenwoordiger commissaris
  5. 09/08/2024
    nominationMarta RODRIGUES — dagelijks bestuur inzake human resources aangelegenheden / HR MANAGER
  6. 15/07/2024
    nominationAnnelies Deplancke BV — vaste vertegenwoordiger commissaris
  7. 2023
    Annual accounts 20233,4 M €
  8. 2022
    Annual accounts 2022-4,4 M €
  9. 27/06/2022
    nominationTHYAMAGONDALU Veena — bestuurder
  10. 27/06/2022
    unknownDan Thompson — Bestuurder
  11. 27/06/2022
    unknownMeghan Toner — Bestuurder
  12. 29/03/2022
    nominationFranck CHARDON — HR MANAGER
  13. 29/03/2022
    nominationBettina SCHEURER — BATISTELA — HR MANAGER
  14. 2021
    Annual accounts 2021-9,3 M €
  15. 2020
    Annual accounts 2020-27,3 M €
  16. 2019
    Annual accounts 2019-16,3 M €
  17. 2019
    Name changeCarrier Fire & Security EMEA
  18. 2018
    Annual accounts 2018-11,7 M €
  19. 2017
    Annual accounts 2017-16,1 M €
  20. 2016
    Annual accounts 2016-4 M €
  21. 2015
    Annual accounts 2015-8,1 M €
  22. 2014
    Annual accounts 2014889,5 k €
  23. 2013
    Annual accounts 2013-4,7 M €
  24. 2012
    Annual accounts 201214,9 M €
  25. 2011
    Annual accounts 2011-11,8 M €
  26. 2010
    Annual accounts 2010-9,2 M €
  27. 2009
    Annual accounts 2009-190 k €
  28. 2009
    Name changeUTC FIRE & SECURITY EMEA
  29. 2008
    Annual accounts 2008-511,2 k €
  30. 2007
    Annual accounts 20071,8 M €
  31. 2006
    Annual accounts 200642,5 M €
  32. 2006
    Name changeGE SECURITY EMEA
  33. 01/02/1974
    IncorporationPrivate limited company