ACTIVE

G4S AVIATION SECURITY

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Financial year 2025 · Closed on 31/12/2025

Net result4,1 M €-35,8 %over 1 year
Revenue94,6 M €+9,4 %over 1 year
Equity19,3 M €+27,2 %over 1 year
Workforce1 664,8 ETP+9,5 %over 1 year

Identity

Source · BCE/KBO

G4S AVIATION SECURITY is a Public limited company incorporated in 1977. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Bruxelles. It employs on average 1 664,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0417.198.780
Incorporation
28/04/1977
Legal form
Public limited company
Registered office
Rue Picard 7 box 100
1000 Bruxelles · BruxellesSee on map
Contributed capital
2 250 000,00 €
Latest accounts
31/12/2025
Average workforce
1 664,8 ETP
Joint committees (2)
  • 218
  • 317
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue94,6 M €86,5 M €63,4 M €37,2 M €23,8 M €
EBITDA6,5 M €8,7 M €3,5 M €4 M €1,1 M €
Operating result6,1 M €8,3 M €3 M €3,6 M €858,6 k €
Net result4,1 M €6,4 M €2,1 M €2,3 M €571,7 k €
Balance sheet
Equity19,3 M €15,1 M €8,7 M €6,6 M €4,4 M €
Total assets38,2 M €29,4 M €22,9 M €16 M €9,7 M €
Cash8,5 k €8,3 k €9,1 k €6,5 k €2 k €
Debts16,5 M €12,9 M €13,3 M €8,6 M €4,9 M €
Other
Workforce1 664,8 ETP1 520,3 ETP1 203,7 ETP740,5 ETP674,6 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 31/12/2025

2 active · 26 ended

Active mandates

Gwendolina Van Dijck

Director · since 03 février 2025 · until 03 juin 2030

Active
Bruin Bourgois

Director · since 18 janvier 2021 · until 01 juin 2026

Active

Ended mandates

Hugo Charlet

Director · since 01 décembre 2021 · until 31 mai 2027

Ended
Hugo Charlet

Director · since 01 décembre 2021 · until 07 juin 2027

Ended
Bruin Bourgois

Director · since 18 janvier 2021 · until 25 mai 2026

Ended
Ronald Engels

Director · since 07 mars 2018 · until 29 mai 2023

Ended

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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 date29/06/202623/06/202527/06/202423/06/202310/06/202222/07/2021
General meeting01/06/202602/06/202527/06/202409/06/202330/05/202228/06/2021
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, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202501/06/202629/06/2026DutchPDF
Full model31/12/202402/06/202523/06/2025DutchPDF
Full model31/12/202327/06/202427/06/2024DutchPDF
Full model31/12/202209/06/202323/06/2023DutchPDF
Full model31/12/202130/05/202210/06/2022DutchPDF
Full model31/12/202028/06/202122/07/2021DutchPDF
Full modelCorrection31/12/201925/05/202016/10/2020DutchPDF
Full model31/12/201925/05/202014/07/2020DutchPDF
Full model31/12/201827/05/201918/07/2019DutchPDF
Full model31/12/201728/05/201829/06/2018DutchPDF
Full model31/12/201629/05/201730/06/2017DutchPDF
Full model31/12/201530/05/201627/06/2016DutchPDF
Full model31/12/201426/05/201525/06/2015DutchPDF
Full modelCorrection31/12/201330/06/201417/10/2014DutchPDF
Full model31/12/201330/06/201430/07/2014DutchPDF
Full model31/12/201224/06/201310/07/2013DutchPDF
Full model31/12/201129/05/201225/06/2012DutchPDF
Full model31/12/201030/05/201121/06/2011DutchPDF
Full model31/12/200921/06/201023/06/2010DutchPDF
Full model31/12/200820/05/200930/06/2009DutchPDF
Full model31/12/200731/07/200814/08/2008DutchPDF
Full model31/12/200620/07/200731/10/2007DutchPDF

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 31/12/2025

2 active · 26 ended

Active mandates

Gwendolina Van Dijck

Director · since 03 février 2025 · until 03 juin 2030

Active
Bruin Bourgois

Director · since 18 janvier 2021 · until 01 juin 2026

Active

Ended mandates

Hugo Charlet

Director · since 01 décembre 2021 · until 31 mai 2027

Ended
Hugo Charlet

Director · since 01 décembre 2021 · until 07 juin 2027

Ended
Bruin Bourgois

Director · since 18 janvier 2021 · until 25 mai 2026

Ended
Ronald Engels

Director · since 07 mars 2018 · until 29 mai 2023

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates19/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/11/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/08/2025
    DIVERS
    PDF
  • Other11/08/2025
    DIVERSEN
    PDF
  • Mandates04/02/2025
    DEMISSIONS, NOMINATIONS
    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 20254,1 M €↓
  2. 2024
    Annual accounts 20246,4 M €↑
  3. 2023
    Annual accounts 20232,1 M €↓
  4. 2022
    Annual accounts 20222,3 M €↑
  5. 2021
    Annual accounts 2021571,7 k €↑
  6. 2020
    Annual accounts 2020-21,4 k €↓
  7. 2019
    Annual accounts 20191,4 M €↑
  8. 2018
    Annual accounts 2018990,2 k €↓
  9. 2017
    Annual accounts 20171 M €↓
  10. 2016
    Annual accounts 20161,1 M €↑
  11. 2015
    Annual accounts 2015763,1 k €↓
  12. 2014
    Annual accounts 20141,3 M €↑
  13. 2013
    Annual accounts 2013455 k €↑
  14. 2012
    Annual accounts 201278,4 k €↑
  15. 2011
    Annual accounts 2011-733,8 k €↓
  16. 2010
    Annual accounts 2010-22,9 k €↓
  17. 2009
    Annual accounts 2009-11,3 k €↓
  18. 2008
    Annual accounts 2008-3,3 k €↑
  19. 2008
    Name changeG4S AVIATION SECURITY
  20. 2007
    Annual accounts 2007-3,4 k €↓
  21. 2006
    Annual accounts 2006-2,6 k €
  22. 2006
    Name changeISIS, TRAINING en SERVICE CENTER
  23. 28/04/1977
    IncorporationPublic limited company