ArcelorMittal ESP (SA) — Geel (2440)

Identity

Source · BCE/KBO

ArcelorMittal ESP is a Public limited company incorporated in 1974. Its main activity is: Manufacture of basic iron and steel and of ferro-alloys. Its registered office is in Geel. It employs on average 129,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0414.264.135
Incorporation: 29/05/1974
Legal form: Public limited company
Registered office: Twee-Molensstraat 8
2440 Geel · FlandreSee on map
Contributed capital: 12 337 600,00 €
Latest accounts: 31/12/2025
Average workforce: 129,7 ETP

Activities (NACE)

24100Manufacture of basic iron and steel and of ferro-alloys· main 24100Manufacture of basic iron and steel and of ferro-alloys 24320Cold rolling of narrow strip 24320Cold rolling of narrow strip 27100Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus 27320Manufacture of other electronic and electric wires and cables

Joint committees (3)

111
14904
209

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	114,2 M €	-7.8%	123,9 M €	-20.5%	155,9 M €	-29.9%	222,3 M €	+20.9%	183,9 M €
EBITDA	2,6 M €	-46.2%	4,8 M €	+11.8%	4,3 M €	-77.2%	18,7 M €	+11.9%	16,7 M €
Operating result	1,3 M €	-68.2%	4,2 M €	-39.0%	6,9 M €	-54.6%	15,1 M €	-3.6%	15,7 M €
Net result	261,9 k €	-90.5%	2,8 M €	-47.3%	5,3 M €	-52.8%	11,1 M €	-2.6%	11,4 M €
Balance sheet
Equity	17,1 M €	-21.7%	21,8 M €	+14.5%	19,1 M €	-36.1%	29,8 M €	+59.5%	18,7 M €
Total assets	59 M €	+6.7%	55,3 M €	-2.7%	56,9 M €	-25.5%	76,3 M €	+18.4%	64,5 M €
Cash	24,3 k €	+371%	5,2 k €	+1.5%	5,1 k €	-2.8%	5,2 k €	-23.5%	6,8 k €
Debts	41,4 M €	+24.4%	33,3 M €	-11.3%	37,6 M €	-17.8%	45,7 M €	+1.8%	44,9 M €
Other
Workforce	129,7 ETP	-1.0%	131,0 ETP	-2.2%	134,0 ETP	+6.3%	126,0 ETP	+4.1%	121,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 31 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jain Prakash Kumar	Director04/11/2025 → 02/06/2028
Jain Dharnendra Kumar	Director24/11/2020 → 05/06/2026
Nicolaas Van Der Borght	Director24/11/2020 → 05/06/2026
AMDS HOLDING BELGIUM0771.541.166Represented by Jorgen Spietael	Director01/08/2022 → 02/06/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Nicolas Rodriguez	Chairman of the board of directors02/06/2023 → 2023 accountsVoorzitter van de Raad van Bestuur en bestuurder24/11/2020 → 2022 accounts
ARCELORMITTAL HOLDING AND SERVICES BELGIUM0429.496.204Represented by Lefèvre Francis	Director05/06/2020 → 2022 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/06/2026	11/06/2025	11/06/2024	16/06/2023	09/06/2022	08/06/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	05/06/2026	11/06/2026	Dutch	PDF
Full model	31/12/2024	06/06/2025	11/06/2025	Dutch	PDF
Full model	31/12/2023	07/06/2024	11/06/2024	Dutch	PDF
Full model	31/12/2022	02/06/2023	16/06/2023	Dutch	PDF
Full model	31/12/2021	03/06/2022	09/06/2022	Dutch	PDF
Full model	31/12/2020	04/06/2021	08/06/2021	Dutch	PDF
Full model	31/12/2019	05/06/2020	08/06/2020	Dutch	PDF
Full model	31/12/2018	07/06/2019	13/06/2019	Dutch	PDF
Full model	31/12/2017	14/06/2018	15/06/2018	Dutch	PDF
Full model	31/12/2016	02/06/2017	28/06/2017	Dutch	PDF
Full model	31/12/2015	03/06/2016	21/06/2016	Dutch	PDF
Full model	31/12/2014	05/06/2015	11/06/2015	Dutch	PDF
Full model	31/12/2013	06/06/2014	16/06/2014	Dutch	PDF
Full model	31/12/2012	07/06/2013	16/07/2013	Dutch	PDF
Full model	31/12/2011	01/06/2012	12/07/2012	Dutch	PDF
Full model	31/12/2010	03/06/2011	24/06/2011	Dutch	PDF
Full model	31/12/2009	04/06/2010	15/06/2010	Dutch	PDF
Full model	31/12/2008	05/06/2009	17/06/2009	Dutch	PDF
Full model	31/12/2007	06/06/2008	12/06/2008	Dutch	PDF
Full model	31/12/2006	01/06/2007	02/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/12/2025

4 active · 31 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jain Prakash Kumar	Director04/11/2025 → 02/06/2028
Jain Dharnendra Kumar	Director24/11/2020 → 05/06/2026
Nicolaas Van Der Borght	Director24/11/2020 → 05/06/2026
AMDS HOLDING BELGIUM0771.541.166Represented by Jorgen Spietael	Director01/08/2022 → 02/06/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Nicolas Rodriguez	Chairman of the board of directors02/06/2023 → 2023 accountsVoorzitter van de Raad van Bestuur en bestuurder24/11/2020 → 2022 accounts
ARCELORMITTAL HOLDING AND SERVICES BELGIUM0429.496.204Represented by Lefèvre Francis	Director05/06/2020 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates03/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other15/04/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates18/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/01/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/07/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/11/2016
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

Filings19 filings

Mandates

Jain Prakash Kumar

Nicolaas Van Der Borght

Jain Dharnendra Kumar

AMDS HOLDING BELGIUM

Nicolas Rodriguez

ARCELORMITTAL HOLDING AND SERVICES BELGIUM

Emmanuel Gatignol

Wouter Verherstraeten

Jean Charles Schmitt

Amit Kumar

Stefaan De Rue

Jean Philippe Marchant

Show the 23 other mandates

1974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

ArcelorMittal ESP

Twee-Molensstraat 8, 2440 Geel

Director

Voorzitter van de Raad van Bestuur en bestuurder

Director

Chairman of the board of directors

Director

Chairman of the board of directors

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Twee-Molensstraat 8, 2440 GeelCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00162325

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ArcelorMittal ESPCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00162325

Events

2025
Annual accounts 2025261,9 k €↓
04/11/2025
nominationPrakash Kumar Jain · bestuurder
06/06/2025
reconductionEY Bedrijfsrevisoren BV · commisaris-revisor
2024
Annual accounts 20242,8 M €↓
07/06/2024
nominationNicolaas Van Der Borght · voorzitter van de Raad van Bestuur
2023
Annual accounts 20235,3 M €↓
2022
Annual accounts 202211,1 M €↓
01/08/2022
nominationAMDS Holding Belgium NV · bestuurder
03/06/2022
nominationErnst & Young Bedrijfsrevisoren BV · commissaris
2021
Annual accounts 202111,4 M €↑
2020
Annual accounts 2020-1 M €↑
2019
Annual accounts 2019-5,3 M €↓
2018
Annual accounts 20188,7 M €↑
2017
Annual accounts 2017288 k €↑
2016
Annual accounts 2016-1,9 M €↓
2015
Annual accounts 2015-1,5 M €↓
2014
Annual accounts 2014714,2 k €↑
2013
Annual accounts 2013482,1 k €↑
2012
Annual accounts 2012-2,5 M €↓
2011
Annual accounts 20113,4 M €↓
2010
Annual accounts 20106,6 M €↑
2009
Annual accounts 2009-8,2 M €↓
2008
Annual accounts 20084,5 M €↓
2007
Annual accounts 20076,5 M €
29/05/1974
IncorporationPublic limited company

ArcelorMittal ESP

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