ACTIVE

VOLVO GROUP BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result71,3 M €+104,9 %over 1 year
Revenue4,2 Md €+10,1 %over 1 year
Equity123,5 M €+2,0 %over 1 year
Workforce3 810,2 ETP-0,4 %over 1 year

Identity

Source · BCE/KBO

VOLVO GROUP BELGIUM is a Public limited company incorporated in 1980. Its registered office is in Gent. It employs on average 3 810,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0420.383.647
Incorporation
12/05/1980
Legal form
Public limited company
Registered office
Smalleheerweg 31
9041 Gent · FlandreSee on map
Contributed capital
110 000 058,00 €
Latest accounts
31/12/2025
Average workforce
3 810,2 ETP
Joint committees (4)
  • 111
  • 112
  • 209
  • 218
Contacts
2 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue4,2 Md €3,8 Md €4,1 Md €3,4 Md €2,7 Md €
EBITDA108,6 M €74,1 M €53,9 M €43,4 M €35,6 M €
Operating result86,3 M €55,7 M €36,8 M €22,7 M €16,6 M €
Net result71,3 M €34,8 M €28,7 M €17,7 M €13,4 M €
Balance sheet
Equity123,5 M €121,1 M €121,2 M €121,2 M €288,7 M €
Total assets943,9 M €893,2 M €959,1 M €861,7 M €970,6 M €
Cash226,8 M €94,7 M €192,9 M €193,8 M €169,1 M €
Debts804,2 M €716,7 M €817,5 M €721 M €668,1 M €
Other
Workforce3 810,2 ETP3 826,7 ETP3 814,1 ETP3 715,7 ETP3 589,2 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 31/12/2022

4 active · 65 ended

Last known composition, from the accounts closed on 31/12/2022, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Jorge Marquesini

Director · since 13 mai 2022 · until 12 mai 2023

Active
Koen Leemans

Director · since 13 mai 2022 · until 12 mai 2023

Active
Peter Devos

Managing director · since 13 mai 2022 · until 12 mai 2023

Active
Koen Knippenberg

Managing director · since 14 mai 2021 · until 12 mai 2022

Active

Ended mandates

Jorge Marquesini

Director · since 14 mai 2021 · until 12 mai 2022

Ended
Peter Devos

Director · since 14 mai 2021 · until 12 mai 2022

Ended
Jens Holtinger

Director · since 11 mai 2019 · until 14 mai 2020

Ended
Koen Knippenberg

Managing director · since 10 mai 2019 · until 14 mai 2020

Ended

Other companies at this address

Smalleheerweg 31 9041 Gent
CompanyCBE no.
VRIENDENKRING VAN HET PERSONEEL VAN VOLVO GROUP BELGIUM NV● Active
0474.794.907

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 date04/06/202603/06/202530/05/202413/06/202306/07/202208/06/2021
General meeting14/05/202608/05/202509/05/202411/05/202312/05/202214/05/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202514/05/202604/06/2026DutchPDF
Full model31/12/202408/05/202503/06/2025DutchPDF
Full model31/12/202309/05/202430/05/2024DutchPDF
Full model31/12/202211/05/202313/06/2023DutchPDF
Full model31/12/202112/05/202206/07/2022DutchPDF
Full model31/12/202014/05/202108/06/2021DutchPDF
Full model31/12/201909/07/202010/07/2020DutchPDF
Full model31/12/201809/05/201918/06/2019DutchPDF
Full model31/12/201711/05/201822/06/2018DutchPDF
Full model31/12/201611/05/201706/07/2017DutchPDF
Full modelCorrection31/12/201512/05/201614/03/2017DutchPDF
Full model31/12/201512/05/201622/06/2016DutchPDF
Full model31/12/201415/05/201522/06/2015DutchPDF
Full model31/12/201308/05/201418/06/2014DutchPDF
Full model31/12/201210/05/201303/06/2013DutchPDF
Full model31/12/201110/05/201222/05/2012DutchPDF
Full model31/12/201012/05/201128/06/2011DutchPDF
Full model31/12/200922/04/201031/05/2010DutchPDF
Full model31/12/200823/04/200925/05/2009DutchPDF
Full model31/12/200724/04/200818/06/2008DutchPDF
Full model31/12/200626/04/200725/06/2007DutchPDF

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 31/12/2022

4 active · 65 ended

Last known composition, from the accounts closed on 31/12/2022, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Jorge Marquesini

Director · since 13 mai 2022 · until 12 mai 2023

Active
Koen Leemans

Director · since 13 mai 2022 · until 12 mai 2023

Active
Peter Devos

Managing director · since 13 mai 2022 · until 12 mai 2023

Active
Koen Knippenberg

Managing director · since 14 mai 2021 · until 12 mai 2022

Active

Ended mandates

Jorge Marquesini

Director · since 14 mai 2021 · until 12 mai 2022

Ended
Peter Devos

Director · since 14 mai 2021 · until 12 mai 2022

Ended
Jens Holtinger

Director · since 11 mai 2019 · until 14 mai 2020

Ended
Koen Knippenberg

Managing director · since 10 mai 2019 · until 14 mai 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares18/05/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Capital / shares05/04/2022
    KAPITAAL - AANDELEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 15/05/2026
    nominationTomas Bäckman — bestuurder
  2. 15/05/2026
    nominationPeter Devos — bestuurder
  3. 15/05/2026
    nominationKoen Leemans — bestuurder
  4. 04/03/2026
    nominationTomas Bäckman — voorzitter van de Raad van Bestuur
  5. 04/03/2026
    nominationKoen Leemans — gedelegeerd bestuurder
  6. 04/03/2026
    nominationFilip Declercq — algemeen directeur
  7. 2025
    Annual accounts 202571,3 M €↑
  8. 08/05/2025
    nominationKoen Leemans — bestuurder
  9. 08/05/2025
    nominationTomas Bäckman — bestuurder
  10. 08/05/2025
    nominationPeter Devos — bestuurder
  11. 10/03/2025
    nominationTomas Bäckman — voorzitter van de Raad van Bestuur
  12. 10/03/2025
    nominationKoen Leemans — gedelegeerd bestuurder
  13. 10/03/2025
    nominationFilip Declercq — algemeen directeur
  14. 14/02/2025
    reconductionBCVBA DELOITTE Bedrijfsrevisoren — commissaris
  15. 14/02/2025
    nominationTom Windelen — vertegenwoordiger van de commissaris
  16. 15/01/2025
    nominationFilip Declercq — Algemeen Directeur
  17. 15/01/2025
    nominationKoen Leemans — gedelegeerd bestuurder
  18. 2024
    Annual accounts 202434,8 M €↑
  19. 10/05/2024
    nominationKoen Leemans — bestuurder
  20. 10/05/2024
    nominationTomas Bäckman — bestuurder
  21. 10/05/2024
    nominationPeter Devos — bestuurder
  22. 10/05/2024
    nominationTomas Bäckman — voorzitter van de Raad Van Bestuur
  23. 10/05/2024
    nominationKoen Leemans — gedelegeerd bestuurder
  24. 10/05/2024
    nominationJoris De Vulder — algemeen directeur
  25. 2023
    Annual accounts 202328,7 M €↑
  26. 11/05/2023
    nominationJorge Luiz Marquesini — voorzitter van de Raad van Bestuur
  27. 11/05/2023
    nominationPeter Devos — gedelegeerd bestuurder
  28. 11/05/2023
    nominationJoris De Vulder — algemeen directeur
  29. 11/05/2023
    nominationKoen Leemans — bestuurder
  30. 11/05/2023
    nominationJorge Marquesini — bestuurder
  31. 11/05/2023
    nominationPeter Devos — bestuurder
  32. 2022
    Annual accounts 202217,7 M €↑
  33. 12/05/2022
    nominationKoen Leemans — bestuurder
  34. 12/05/2022
    nominationJorge Marquesini — bestuurder
  35. 12/05/2022
    nominationPeter Devos — bestuurder
  36. 12/05/2022
    nominationJorge Luiz Marquesini — voorzitter van de Raad van Bestuur
  37. 12/05/2022
    autre
  38. 2021
    Annual accounts 202113,4 M €↑
  39. 2020
    Annual accounts 20206,7 M €↓
  40. 2019
    Annual accounts 201911,9 M €↓
  41. 2018
    Annual accounts 201815,2 M €↓
  42. 2017
    Annual accounts 201722,7 M €↑
  43. 2016
    Annual accounts 201610,2 M €↓
  44. 2015
    Annual accounts 201576,9 M €↑
  45. 2014
    Annual accounts 20144,3 M €↓
  46. 2013
    Annual accounts 201316 M €↑
  47. 2012
    Annual accounts 20128,2 M €↓
  48. 2011
    Annual accounts 20119,2 M €↑
  49. 2010
    Annual accounts 20106,2 M €↑
  50. 2009
    Annual accounts 20093,9 M €↓
  51. 2008
    Annual accounts 20087,2 M €↑
  52. 2007
    Annual accounts 20075 M €↑
  53. 2007
    Name changeVOLVO GROUP BELGIUM
  54. 2006
    Annual accounts 20064,2 M €
  55. 2006
    Name changeVOLVO EUROPA TRUCK
  56. 12/05/1980
    IncorporationPublic limited company