ACTIVE

VOLVO CAR BELGIUM NV

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Financial year 2025 · Closed on 31/12/2025

Net result95,8 M €+91,7 %over 1 year

Revenue6,3 Md €+7,2 %over 1 year

Equity220,1 M €+26,6 %over 1 year

Workforce5 497,2 ETP-5,4 %over 1 year

Identity

Source · BCE/KBO

VOLVO CAR BELGIUM NV is a Public limited company incorporated in 1980. Its registered office is in Gent. It employs on average 5 497,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0420.383.548
Incorporation: 12/05/1980
Legal form: Public limited company
Registered office: John Kennedylaan 25
9000 Gent · FlandreSee on map
Contributed capital: 107 000 058,01 €
Latest accounts: 31/12/2025
Average workforce: 5 497,2 ETP

Joint committees (4)

Contacts

2 public details availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 23 filings

Trend over 18 financial years

	2025		2024		2022		2021		2020
Income statement
Revenue	6,3 Md €	+7.2%	5,8 Md €	-6.5%	6,2 Md €	+22.9%	5,1 Md €	+1.7%	5 Md €
EBITDA	216,6 M €	+40.1%	154,6 M €	+9.4%	141,3 M €	-3.9%	147 M €	+4.3%	140,9 M €
Operating result	105,8 M €	+48.3%	71,3 M €	+242%	20,9 M €	-52.9%	44,2 M €	+62.5%	27,2 M €
Net result	95,8 M €	+91.7%	50 M €	+46.1%	34,2 M €	+49.8%	22,8 M €	-4.7%	24 M €
Balance sheet
Equity	220,1 M €	+26.6%	173,8 M €	+8.9%	159,5 M €	+27.3%	125,3 M €	-29.4%	177,6 M €
Total assets	1,6 Md €	+40.9%	1,1 Md €	-36.2%	1,8 Md €	+35.3%	1,3 Md €	-2.8%	1,3 Md €
Cash	104,1 M €	-49.7%	206,9 M €	-24.9%	275,4 M €	+242%	80,5 M €	-70.7%	274,9 M €
Debts	1,2 Md €	+50.2%	820,9 M €	-45.5%	1,5 Md €	+37.7%	1,1 Md €	+2.7%	1,1 Md €
Other
Workforce	5 497,2 ETP	-5.4%	5 812,6 ETP	-8.5%	6 349,6 ETP	+10.5%	5 743,7 ETP	+1.4%	5 664,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

more than 1.000 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 77 ended

Active mandates

Johan Olsson

Director · since 02 janvier 2026 · until 09 avril 2026

Active

Magnus Nilsson

Managing director · since 02 janvier 2026 · until 09 avril 2026

Active

Karl Magnus Ragnmark

Director · since 10 avril 2025 · until 09 avril 2026

Active

Sofie Van Acker

Director · since 10 avril 2025 · until 09 avril 2026

Active

Ended mandates

Karl Magnus Ragnmark

Director · since 18 avril 2024 · until 10 avril 2025

Ended

Mats Svensson

Director · since 18 avril 2024 · until 10 avril 2025

Ended

Sofie Van Acker

Director · since 18 avril 2024 · until 10 avril 2025

Ended

Stefan Fesser

Managing director · since 18 avril 2024 · until 10 avril 2025

Ended

Other companies at this address

John Kennedylaan 25 9000 Gent

Company	CBE no.
DICO● Liquidation	0428.056.941
Solidariteitsfonds Arbeiders Volvo Cars Europe Industry● Active	0469.412.296
VOLVO CAR PENSIOENFONDS● Active	0473.217.963
Volvo Car Voorzorgs- en Risicofonds● Active	0431.690.778
Volvo-Europa● Liquidation	0400.118.466
Volvo Europa Club● Active	0400.007.313
VOLVO RESULTATENFONDS● Active	0430.307.044

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	06/05/2026	09/05/2025	06/05/2024	26/05/2023	07/09/2022	22/06/2021
General meeting	09/04/2026	10/04/2025	18/04/2024	13/04/2023	14/04/2022	08/04/2021
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, 23 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	09/04/2026	06/05/2026	Dutch	PDF
Full model	31/12/2024	10/04/2025	09/05/2025	Dutch	PDF
Full model	31/12/2023	18/04/2024	06/05/2024	Dutch	PDF
Full model	31/12/2022	13/04/2023	26/05/2023	Dutch	PDF
Full modelCorrection	31/12/2021	14/04/2022	07/09/2022	Dutch	PDF
Full model	31/12/2021	14/04/2022	26/04/2022	Dutch	PDF
Full model	31/12/2020	08/04/2021	22/06/2021	Dutch	PDF
Full model	31/12/2019	09/04/2020	24/06/2020	Dutch	PDF
Full model	31/12/2018	11/04/2019	07/06/2019	Dutch	PDF
Full modelCorrection	31/12/2017	26/04/2018	19/09/2018	Dutch	PDF
Full model	31/12/2017	26/04/2018	13/06/2018	Dutch	PDF
Full model	31/12/2016	13/04/2017	10/05/2017	Dutch	PDF
Full model	31/12/2015	14/04/2016	20/04/2016	Dutch	PDF
Full model	31/12/2014	09/04/2015	29/05/2015	Dutch	PDF
Full model	31/12/2013	10/04/2014	14/05/2014	Dutch	PDF
Full model	31/12/2012	11/04/2013	30/05/2013	Dutch	PDF
Full model	31/12/2011	10/05/2012	01/06/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	11/07/2011	Dutch	PDF
Full modelCorrection	31/12/2009	08/04/2010	30/08/2010	Dutch	PDF
Full model	31/12/2009	08/04/2010	13/04/2010	Dutch	PDF
Full model	31/12/2008	09/04/2009	23/04/2009	Dutch	PDF
Full model	31/12/2007	10/04/2008	06/05/2008	Dutch	PDF
Full model	31/12/2006	12/04/2007	26/04/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

more than 1.000 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 · 77 ended

Active mandates

Johan Olsson

Director · since 02 janvier 2026 · until 09 avril 2026

Active

Magnus Nilsson

Managing director · since 02 janvier 2026 · until 09 avril 2026

Active

Karl Magnus Ragnmark

Director · since 10 avril 2025 · until 09 avril 2026

Active

Sofie Van Acker

Director · since 10 avril 2025 · until 09 avril 2026

Active

Ended mandates

Karl Magnus Ragnmark

Director · since 18 avril 2024 · until 10 avril 2025

Ended

Mats Svensson

Director · since 18 avril 2024 · until 10 avril 2025

Ended

Sofie Van Acker

Director · since 18 avril 2024 · until 10 avril 2025

Ended

Stefan Fesser

Managing director · since 18 avril 2024 · until 10 avril 2025

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other22/12/2022
DIVERSEN
PDF
Mandates09/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Other25/03/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

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

See the Business plan

Timeline

30/04/2026
reconductionLars Magnus Nilsson — gedelegeerd bestuurder
09/04/2026
reconductionJohan Olsson — bestuurder
09/04/2026
reconductionLars Magnus Nilsson — bestuurder
09/04/2026
reconductionSofie Van Acker — bestuurder
09/04/2026
reconductionKarl Magnus Ragnmark — bestuurder
02/01/2026
nominationMagnus Nilsson — bestuurder
02/01/2026
nominationJohan Olsson — bestuurder
2025
Annual accounts 202595,8 M €↑
23/04/2025
reconductionStefan Fesser — gedelegeerd bestuurder
10/04/2025
reconductionMats Svensson — bestuurder
10/04/2025
reconductionStefan Fesser — bestuurder
10/04/2025
reconductionSofie Van Acker — bestuurder
10/04/2025
reconductionKarl Magnus Ragnmark — bestuurder
10/04/2025
reconductionDeloitte bedrijfsrevisoren — commissaris
2024
Annual accounts 202450 M €↑
18/04/2024
reconductionMats Svensson — bestuurder
18/04/2024
reconductionStefan Fesser — bestuurder
18/04/2024
reconductionSofie Van Acker — bestuurder
18/04/2024
reconductionKari Magnus Ragnmark — bestuurder
25/04/2023
reconductionStefan Fesser — gedelegeerd bestuurder
13/04/2023
reconductionMats Svensson — bestuurder
13/04/2023
reconductionStefan Fesser — bestuurder
13/04/2023
reconductionSofie Van Acker — bestuurder
13/04/2023
reconductionKarl Magnus Ragnmark — bestuurder
2022
Annual accounts 202234,2 M €↑
14/04/2022
reconductionMats Svensson — bestuurder
14/04/2022
reconductionStefan Fesser — bestuurder
14/04/2022
reconductionSofie Van Acker — bestuurder
14/04/2022
reconductionKarl Ragnmark — bestuurder
14/04/2022
reconductionKurt Dehoorne — commissaris
07/04/2022
reconductionStefan Fesser — gedelegeerd bestuurder
2021
Annual accounts 202122,8 M €↓
2020
Annual accounts 202024 M €↑
2019
Annual accounts 201923,5 M €↑
2018
Annual accounts 201817,6 M €↓
2017
Annual accounts 201719 M €↑
2016
Annual accounts 201618,3 M €↓
2015
Annual accounts 201531,8 M €↑
2014
Annual accounts 201418 M €↓
2013
Annual accounts 201319,5 M €↑
2012
Annual accounts 201213,1 M €↓
2011
Annual accounts 201113,6 M €↓
2010
Annual accounts 201020,3 M €↑
2009
Annual accounts 200915,4 M €↓
2008
Annual accounts 200830,4 M €↓
2007
Annual accounts 200742,1 M €
12/05/1980
IncorporationPublic limited company

VOLVO CAR BELGIUM NV

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