ACTIVE

ERICSSON

Financial year 2024 · closed on 31/12/2024
Net result
3,5 M €
-17.3% YoY
Revenue
180,2 M €
+20.7% YoY
Equity
8,2 M €
+44.9% YoY
Workforce
221,8 ETP
+1.0% YoY

What does ERICSSON do?

ERICSSON is a Public limited company incorporated in 1974. Its registered office is in Machelen (Brab.). It employs on average 221,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0414.653.818
Incorporation
12/11/1974
Legal form
Public limited company
Registered office
De Kleetlaan 7A
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital
4 960 000,00 €
Latest accounts
31/12/2024
Average workforce
221,8 ETP
Joint committees (3)
  • 14904
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20242023202220212020201920182017201620152014201320122011
Income statement
Revenue180,2 M €149,2 M €129,8 M €96 M €85,3 M €100,2 M €112,8 M €115,8 M €99,2 M €113,5 M €128,4 M €134,2 M €115,2 M €143,8 M €
EBITDA4,7 M €5,3 M €4,5 M €1,4 M €1,5 M €3,6 M €4,9 M €2,1 M €1,6 M €1,8 M €4,1 M €3,5 M €3,2 M €5,9 M €
Operating result4,8 M €5,8 M €4,5 M €2,3 M €1,4 M €3,2 M €4,6 M €1,9 M €1,5 M €1,7 M €4 M €3,3 M €3 M €5,7 M €
Net result3,5 M €4,3 M €2,9 M €1,3 M €506,3 k €1,8 M €2,8 M €994,1 k €554,2 k €652,5 k €2,3 M €1,8 M €1,4 M €4,3 M €
Balance sheet
Equity8,2 M €5,7 M €5,7 M €8,8 M €7,5 M €6,9 M €6,6 M €6,8 M €7,3 M €8 M €10,6 M €14,4 M €14,1 M €12,7 M €
Total assets95,1 M €78,9 M €67,3 M €66,7 M €51,8 M €57,2 M €76,1 M €81,5 M €67,2 M €74,6 M €76,4 M €83,3 M €90,3 M €70,2 M €
Cash28,7 M €23,1 M €8,7 M €29,4 M €14,7 M €10 M €159,4 k €66,2 k €66,3 k €59,9 k €76,3 k €91,4 k €62,7 k €22,6 M €
Debts86,4 M €72,6 M €60,3 M €56,6 M €41,6 M €48,3 M €68,3 M €73,5 M €59,1 M €65,3 M €64,1 M €66,7 M €73,5 M €51,2 M €
Other
Workforce221,8 ETP219,7 ETP222,8 ETP226,5 ETP251,0 ETP280,2 ETP302,9 ETP320,1 ETP273,3 ETP301,7 ETP314,1 ETP295,1 ETP270,8 ETP249,4 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 31/12/2024 · 3 active · 25 ended

Active mandates

Jérôme Monteil

Director · since 01 février 2023 · until 09 juin 2026

Active
Fabrice Sancho

Managing director · since 01 mars 2022 · until 09 juin 2026

Active
Michel Roquejoffre

Director · since 24 juin 2020 · until 09 juin 2026

Active

Ended mandates

Franck Bouetard

Director · since 24 juin 2020 · until 01 février 2023

Ended
Franck Bouetard

Director · since 24 juin 2020 · until 09 juin 2026

Ended
Rémi De Montgolfier

Managing director · since 24 juin 2020 · until 01 mars 2022

Ended
Rémi De Montgolfier

Managing director · since 24 juin 2020 · until 09 juin 2026

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull 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 date30/06/202511/06/202413/06/202315/06/202212/07/202101/07/2020
General meeting27/06/202511/06/202413/06/202314/06/202229/06/202124/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202427/06/202530/06/2025DutchPDF
Full model31/12/202311/06/202411/06/2024DutchPDF
Full model31/12/202213/06/202313/06/2023DutchPDF
Full model31/12/202114/06/202215/06/2022DutchPDF
Full model31/12/202029/06/202112/07/2021DutchPDF
Full model31/12/201924/06/202001/07/2020DutchPDF
Full modelCorrection31/12/201811/06/201929/10/2019DutchPDF
Full model31/12/201811/06/201921/06/2019DutchPDF
Full model31/12/201727/06/201818/07/2018DutchPDF
Full model31/12/201613/06/201723/06/2017DutchPDF
Full model31/12/201514/06/201616/06/2016DutchPDF
Full model31/12/201430/06/201503/07/2015DutchPDF
Full model31/12/201324/06/201402/07/2014DutchPDF
Full model31/12/201209/09/201323/10/2013DutchPDF
Full model31/12/201109/08/201205/09/2012DutchPDF
Full model31/12/201013/07/201111/10/2011DutchPDF
Full model31/12/200923/06/201006/09/2010DutchPDF
Full modelCorrection31/12/200809/06/200906/11/2009FrenchPDF
Full model31/12/200809/06/200902/07/2009FrenchPDF
Full model31/12/200710/06/200827/10/2008FrenchPDF
Full model31/12/200612/06/200728/06/2007FrenchPDF
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 31/12/2024 · 3 active · 25 ended

Active mandates

Jérôme Monteil

Director · since 01 février 2023 · until 09 juin 2026

Active
Fabrice Sancho

Managing director · since 01 mars 2022 · until 09 juin 2026

Active
Michel Roquejoffre

Director · since 24 juin 2020 · until 09 juin 2026

Active

Ended mandates

Franck Bouetard

Director · since 24 juin 2020 · until 01 février 2023

Ended
Franck Bouetard

Director · since 24 juin 2020 · until 09 juin 2026

Ended
Rémi De Montgolfier

Managing director · since 24 juin 2020 · until 01 mars 2022

Ended
Rémi De Montgolfier

Managing director · since 24 juin 2020 · until 09 juin 2026

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/09/2026
    (Her)benoemingen
    PDF
  • Other01/07/2026
    PDF
  • Registered office14/11/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING
    PDF
  • Mandates13/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/12/2021
    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. 2024
    Annual accounts 20243,5 M €
  2. 2023
    Annual accounts 20234,3 M €
  3. 27/06/2023
    nominationFabio De Clercq — vertegenwoordiger
  4. 01/02/2023
    nominationJérôme MONTEIL — bestuurder
  5. 01/01/2023
    reconductionDeloitte Bedrijfsrevisoren BV — statutaire commissaris
  6. 2022
    Annual accounts 20222,9 M €
  7. 2021
    Annual accounts 20211,3 M €
  8. 2020
    Annual accounts 2020506,3 k €
  9. 2019
    Annual accounts 20191,8 M €
  10. 2018
    Annual accounts 20182,8 M €
  11. 2017
    Annual accounts 2017994,1 k €
  12. 2016
    Annual accounts 2016554,2 k €
  13. 2015
    Annual accounts 2015652,5 k €
  14. 2014
    Annual accounts 20142,3 M €
  15. 2013
    Annual accounts 20131,8 M €
  16. 2012
    Annual accounts 20121,4 M €
  17. 2011
    Annual accounts 20114,3 M €
  18. 12/11/1974
    IncorporationPublic limited company