ACTIVE

Carrier Fire & Security EMEA

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Financial year 2023 · Closed on 31/12/2023

Net result3,4 M €+178,2 %over 1 year

Revenue11,2 M €-2,6 %over 1 year

Equity69,3 M €+5,2 %over 1 year

Workforce68,4 ETP+1,8 %over 1 year

Identity

Source · BCE/KBO

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

Activities (NACE)

26510Manufacture of instruments and appliances for measuring, testing and navigation· main 26510Manufacture of instruments and appliances for measuring, testing and navigation 33201Installation of industrial machinery and equipment 46499Wholesale of other household goods 46499Wholesale of other household goods 51478Air transport

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 18 financial years

	2023		2022		2021		2020		2019
Income statement
Revenue	11,2 M €	-2.6%	11,5 M €	+9.4%	10,5 M €	+4.2%	10,1 M €	-6.6%	10,8 M €
EBITDA	7,1 M €	+129%	3,1 M €	-68.8%	9,9 M €	+222%	-8,1 M €	-331%	3,5 M €
Operating result	2,8 M €	+168%	-4,2 M €	+54.7%	-9,3 M €	+66.0%	-27,3 M €	-67.2%	-16,3 M €
Net result	3,4 M €	+178%	-4,4 M €	+53.0%	-9,3 M €	+65.8%	-27,3 M €	-67.2%	-16,3 M €
Balance sheet
Equity	69,3 M €	+5.2%	65,8 M €	-6.3%	70,2 M €	-11.7%	79,6 M €	-25.6%	106,9 M €
Total assets	77,6 M €	+5.3%	73,7 M €	-15.1%	86,9 M €	-0.0%	86,9 M €	-26.0%	117,4 M €
Cash	127 k €	+19821%	637,8 €	-94.2%	11 k €	-82.0%	61,3 k €	-83.0%	361,4 k €
Debts	7,2 M €	+13.2%	6,4 M €	-58.0%	15,2 M €	+155%	6 M €	-40.5%	10 M €
Other
Workforce	68,4 ETP	+1.8%	67,2 ETP	+2.3%	65,7 ETP	-5.2%	69,3 ETP	-6.0%	73,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 16 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Veena Thyamagondalu	Directorsince 27/06/2022
Dan Thompson	Director09/11/2021 → 02/12/2024
Meghan Toner	Directorsince 09/11/2021

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Morgane Bens	Director17/12/2018 → 09/11/2021Manager17/12/2018 → 2018 accounts
Stéphane Baudena	Director26/09/2018 → 09/11/2021

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Consolidated accounts	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	18/08/2025	14/03/2025	12/07/2023	28/07/2022	23/08/2021	26/03/2021
General meeting	–	27/12/2024	27/06/2023	29/06/2022	16/07/2021	08/03/2021
Currency of the financial year	USD	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, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Consolidated accounts	31/12/2024	—	18/08/2025	Dutch	PDF
Full model	31/12/2023	27/12/2024	14/03/2025	Dutch	PDF
Full model	31/12/2022	27/06/2023	12/07/2023	Dutch	PDF
Full model	31/12/2021	29/06/2022	28/07/2022	Dutch	PDF
Full model	31/12/2020	16/07/2021	23/08/2021	Dutch	PDF
Full model	31/12/2019	08/03/2021	26/03/2021	Dutch	PDF
Full model	31/12/2018	28/06/2019	09/08/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	23/07/2018	Dutch	PDF
Full model	31/12/2016	29/06/2017	11/08/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	29/07/2016	Dutch	PDF
Full model	31/12/2014	27/07/2015	31/08/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	08/07/2014	Dutch	PDF
Full model	31/12/2012	04/10/2013	19/11/2013	Dutch	PDF
Full model	31/12/2011	08/03/2013	22/03/2013	Dutch	PDF
Full model	31/12/2010	21/12/2011	30/01/2012	Dutch	PDF
Full model	31/12/2009	30/06/2010	16/07/2010	Dutch	PDF
Full model	31/12/2008	14/05/2009	19/05/2009	Dutch	PDF
Full model	31/12/2007	26/06/2008	30/06/2008	Dutch	PDF
Full model	31/12/2006	28/06/2007	29/06/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 16 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Veena Thyamagondalu	Directorsince 27/06/2022
Dan Thompson	Director09/11/2021 → 02/12/2024
Meghan Toner	Directorsince 09/11/2021

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Morgane Bens	Director17/12/2018 → 09/11/2021Manager17/12/2018 → 2018 accounts
Stéphane Baudena	Director26/09/2018 → 09/11/2021

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

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

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Veena Thyamagondalu

Meghan Toner

Dan Thompson

Morgane Bens

Stéphane Baudena

Stéphane Cochard

Gregory Norman

Bart Otten

Jurgen Van Goethem

Vaclav Malimanek

Philippe Delpech

Stéphane Bero

Show the 7 other mandates

19741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Carrier Fire & Security EMEAUTC FIRE & SECURITY EMEAGE SECURITY EMEA

Koralenhoeve 8a, 2160 WommelgemDe Kleetlaan 3, 1831 Diegem

Director

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Koralenhoeve 8a, 2160 WommelgemCurrent	accounts 2023	Accounts 2023 · 2025-00048696
De Kleetlaan 3, 1831 Diegem	accounts 2021 → 2022	Accounts 2022 · 2023-00241915

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Carrier Fire & Security EMEACurrent	accounts 2019 → 2023	Accounts 2023 · 2025-00048696
UTC FIRE & SECURITY EMEA	accounts 2009 → 2018	Accounts 2018 · 2019-45700096
GE SECURITY EMEA	accounts 2006 → 2008	Accounts 2008 · 2009-15700222

Events

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

Carrier Fire & Security EMEA

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Registered offices

Company names

Events