ACTIVE

STORA ENSO LANGERBRUGGE

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Financial year 2025 · Closed on 31/12/2025

Net result13,4 M €-39,3 %over 1 year

Revenue270 M €-7,2 %over 1 year

Equity109,2 M €-0,2 %over 1 year

Workforce348,1 ETP-4,6 %over 1 year

Identity

Source · BCE/KBO

STORA ENSO LANGERBRUGGE is a Public limited company incorporated in 1977. Its main activity is: Manufacture of paper and paperboard. Its registered office is in Gent. It employs on average 348,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0417.331.909
Incorporation: 08/07/1977
Legal form: Public limited company
Registered office: Wondelgemkaai 200
9000 Gent · FlandreSee on map
Contributed capital: 98 325 000,00 €
Latest accounts: 31/12/2025
Average workforce: 348,1 ETP

Activities (NACE)

17120Manufacture of paper and paperboard· main 17120Manufacture of paper and paperboard 21121Manufacture of basic pharmaceutical products

Joint committees (2)

Contacts

3 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	270 M €	-7.2%	290,9 M €	-10.0%	323,2 M €	-15.4%	382,1 M €	+71.4%	223 M €
EBITDA	33,1 M €	-25.2%	44,3 M €	+3.2%	42,9 M €	-47.7%	82,1 M €	+649%	11 M €
Operating result	20 M €	-33.7%	30,2 M €	+3.8%	29,1 M €	-58.3%	69,8 M €	+2586%	-2,8 M €
Net result	13,4 M €	-39.3%	22,1 M €	-0.9%	22,3 M €	-56.5%	51,2 M €	+1238%	-4,5 M €
Balance sheet
Equity	109,2 M €	-0.2%	109,4 M €	-0.1%	109,5 M €	-30.0%	156,3 M €	+48.5%	105,3 M €
Total assets	211,6 M €	+0.4%	210,8 M €	-24.4%	278,9 M €	+18.9%	234,5 M €	+34.8%	173,9 M €
Cash	95,7 M €	+1.8%	93,9 M €	-35.9%	146,6 M €	+49.9%	97,8 M €	+170%	36,3 M €
Debts	83,1 M €	-4.9%	87,4 M €	-38.8%	142,8 M €	+103%	70,2 M €	+18.5%	59,3 M €
Other
Workforce	348,1 ETP	-4.6%	364,8 ETP	+1.0%	361,3 ETP	+0.1%	360,9 ETP	+0.5%	359,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
KRISTIAN SAELAN	Lid van de toezichtsraad02/02/2026 → 06/06/2029
LARS VÔLKEL	Lid van de toezichtsraad02/02/2026 → 06/06/2029
MIKA TALVITIE	Lid van de Raad van Toezicht28/02/2025 → 03/06/2026
REBEKKA THIELEMANN	Lid van de toezichtsraad10/01/2024 → 03/06/2026
MATTHIAS FRIEDRICH	Lid van de toezichtsraad26/04/2021 → 03/06/2026Director11/03/2014 → 2020 accountsended
WOLF ULRICH WEHLMANN	Lid van de Toezichtsraad26/04/2021 → 03/06/2026Director23/12/2016 → 2017 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JOUNI SEPPALA	Lid van de toezichtsraad07/06/2023 → 2023 accountsMandate26/04/2021 → 2022 accounts
WOLF ULLRICH WEHLMANN	Mandate26/04/2021 → 2021 accounts
ADCD Gent0653.739.319Represented by Christaan De Hollander	Managing director05/06/2019 → 2019 accounts

Other companies at this address

Wondelgemkaai 200 9000 Gent

Company	CBE no.
Stora Enso Belgium● Active	0412.925.535

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	30/06/2026	27/06/2025	21/06/2024	13/06/2023	13/06/2022	23/06/2021
General meeting	03/06/2026	04/06/2025	05/06/2024	07/06/2023	01/06/2022	02/06/2021
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	03/06/2026	30/06/2026	Dutch	PDF
Full model	31/12/2024	04/06/2025	27/06/2025	Dutch	PDF
Full model	31/12/2023	05/06/2024	21/06/2024	Dutch	PDF
Full model	31/12/2022	07/06/2023	13/06/2023	Dutch	PDF
Full model	31/12/2021	01/06/2022	13/06/2022	Dutch	PDF
Full model	31/12/2020	02/06/2021	23/06/2021	Dutch	PDF
Full model	31/12/2019	03/06/2020	12/06/2020	Dutch	PDF
Full model	31/12/2018	05/06/2019	20/06/2019	Dutch	PDF
Full model	31/12/2017	06/06/2018	14/06/2018	Dutch	PDF
Full model	31/12/2016	07/06/2017	08/06/2017	Dutch	PDF
Full model	31/12/2015	01/06/2016	09/06/2016	Dutch	PDF
Full model	31/12/2014	03/06/2015	11/06/2015	Dutch	PDF
Full model	31/12/2013	04/06/2014	11/06/2014	Dutch	PDF
Full model	31/12/2012	05/06/2013	18/06/2013	Dutch	PDF
Full model	31/12/2011	06/06/2012	21/06/2012	Dutch	PDF
Full model	31/12/2010	01/06/2011	23/06/2011	Dutch	PDF
Full model	31/12/2009	02/06/2010	28/06/2010	Dutch	PDF
Full model	31/12/2008	03/06/2009	29/06/2009	Dutch	PDF
Full model	31/12/2007	04/06/2008	20/06/2008	Dutch	PDF
Full model	31/12/2006	06/06/2007	21/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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

6 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
KRISTIAN SAELAN	Lid van de toezichtsraad02/02/2026 → 06/06/2029
LARS VÔLKEL	Lid van de toezichtsraad02/02/2026 → 06/06/2029
MIKA TALVITIE	Lid van de Raad van Toezicht28/02/2025 → 03/06/2026
REBEKKA THIELEMANN	Lid van de toezichtsraad10/01/2024 → 03/06/2026
MATTHIAS FRIEDRICH	Lid van de toezichtsraad26/04/2021 → 03/06/2026Director11/03/2014 → 2020 accountsended
WOLF ULRICH WEHLMANN	Lid van de Toezichtsraad26/04/2021 → 03/06/2026Director23/12/2016 → 2017 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JOUNI SEPPALA	Lid van de toezichtsraad07/06/2023 → 2023 accountsMandate26/04/2021 → 2022 accounts
WOLF ULLRICH WEHLMANN	Mandate26/04/2021 → 2021 accounts
ADCD Gent0653.739.319Represented by Christaan De Hollander	Managing director05/06/2019 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates23/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/05/2024
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

Filings18 filings

Mandates

LARS VÔLKEL

KRISTIAN SAELAN

MIKA TALVITIE

REBEKKA THIELEMANN

WOLF ULRICH WEHLMANN

MATTHIAS FRIEDRICH

JOUNI SEPPALA

WOLF ULLRICH WEHLMANN

ADCD Gent

ULRICH WEHLMANN WOLF

LARS BERGKVIST ANDERS

ANDERS LARS BERGKVIST

Show the 3 other mandates

19771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

STORA ENSO LANGERBRUGGE

Wondelgemkaai 200, 9000 Gent

Lid van de toezichtsraad

Lid van de Raad van Toezicht

Lid van de toezichtsraad

Lid van de Toezichtsraad

Lid van de toezichtsraadDirector

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Wondelgemkaai 200, 9000 GentCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00234941

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
STORA ENSO LANGERBRUGGECurrent	accounts 2008 → 2025	Accounts 2025 · 2026-00234941

Events

03/06/2026
reconductionMika Talvitie · lid van de Raad van Toezicht
02/02/2026
nominationLars Völkel · leden van de Raad van Toezicht
02/02/2026
nominationKristian Saelan · leden van de Raad van Toezicht
2025
Annual accounts 202513,4 M €↓
01/10/2025
nominationSophie Van Thorre · lid van de directieraad / People & Culture Manager
28/02/2025
nominationMika Markus Talvitie · lid Raad van Toezicht
2024
Annual accounts 202422,1 M €↓
04/10/2024
nominationDaniel Andrzejak · Voorzitter
04/10/2024
nominationApartGent CommV · Finance & Purchasing Manager
04/10/2024
nominationBengen CommV · Energy & Environment Manager
04/10/2024
nominationPeter Heyndrickx · Manager Technical department
25/09/2024
nominationWouter Coppens · commissaris
05/06/2024
nominationLien Winne · commissaris
10/01/2024
nominationRebekka Thielemann · lid Raad van Toezicht
2023
Annual accounts 202322,3 M €↓
07/06/2023
reconductionMatthias Friedrich · lid van de Raad van Toezicht
07/06/2023
reconductionJouri Seppälä · lid van de Raad van Toezicht
07/06/2023
reconductionWolf Ulrich Wehlmarin · lid van de Raad van Toezicht
01/03/2023
nominationDaniël Andrzejak · Voorzitter van de Directieraad
01/03/2023
nominationKristof Persyn · Finance & Purchasing Manager
01/03/2023
nominationHaris Boghaert · Energy & Environment Manager
01/03/2023
nominationLiever Willaert · HR Manager
01/03/2023
nominationPeter Heyndrickx · Manager Technical Department
01/01/2023
nominationDaniël Andrzejak · voorzitter van de Directieraad
01/01/2023
nominationUirik Paulsen · Manager Projecten
2022
Annual accounts 202251,2 M €↑
2021
Annual accounts 2021-4,5 M €↓
2020
Annual accounts 202029,3 M €↓
2019
Annual accounts 201942,8 M €↑
2018
Annual accounts 201835,2 M €↑
2017
Annual accounts 20175,8 M €↓
2016
Annual accounts 201617,6 M €↑
2015
Annual accounts 201515 M €↓
2014
Annual accounts 201441,6 M €↑
2013
Annual accounts 201333,1 M €↓
2012
Annual accounts 201263 M €↑
2011
Annual accounts 201162,5 M €↑
2010
Annual accounts 201020,9 M €↓
2009
Annual accounts 200961,8 M €↓
2008
Annual accounts 200883,4 M €
08/07/1977
IncorporationPublic limited company

STORA ENSO LANGERBRUGGE

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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