ACTIVE

European Appliances Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result649,3 k €-34,5 %over 1 year

Revenue56,3 M €-20,6 %over 1 year

Equity11,7 M €+17,6 %over 1 year

Workforce57,0 ETP-7,6 %over 1 year

Identity

Source · BCE/KBO

European Appliances Belgium is a Public limited company incorporated in 1982. Its registered office is in Mechelen. It employs on average 57,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0423.029.569
Incorporation: 27/09/1982
Legal form: Public limited company
Registered office: Schaliënhoevedreef 26
2800 Mechelen · FlandreSee on map
Contributed capital: 8 589 978,00 €
Latest accounts: 31/12/2025
Average workforce: 57,0 ETP

Joint committees (3)

14901
200
218

Signals

ProfitableSolid equityLow riskGood liquidityHealthy social debtsHigh revenue

Financials

Source · NBB, 23 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	56,3 M €	-20.6%	70,9 M €	-1.4%	71,9 M €	+7.2%	67,1 M €	-15.5%	79,4 M €
EBITDA	-464,7 k €	-146%	999,7 k €	-24.3%	1,3 M €	+1101%	110 k €	-69.5%	360,8 k €
Operating result	759 k €	-24.0%	999,1 k €	+1.1%	988,1 k €	+17.6%	840,4 k €	+1560%	50,6 k €
Net result	649,3 k €	-34.5%	991 k €	+41.6%	699,9 k €	+148%	281,8 k €	+1145%	-27 k €
Balance sheet
Equity	11,7 M €	+17.6%	9,9 M €	-1.1%	10,1 M €	-40.0%	16,8 M €	+1.7%	16,5 M €
Total assets	27,1 M €	-7.2%	29,2 M €	+8.4%	27 M €	-17.1%	32,5 M €	-10.3%	36,3 M €
Cash	–		–		–		–		8,1 k €
Debts	12,2 M €	-17.5%	14,8 M €	+20.4%	12,3 M €	+10.0%	11,2 M €	-22.9%	14,5 M €
Other
Workforce	57,0 ETP	-7.6%	61,7 ETP	-4.0%	64,3 ETP	-7.6%	69,6 ETP	-9.0%	76,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 43 ended

Active mandates

Dincer Cemal Can

Director · since 16 mars 2026

Active

Sen Polat

Director · since 16 mars 2026

Active

Garzanli Akin

Director · since 01 octobre 2025 · until 30 septembre 2031

Active

Alparslan Baris

Director · since 01 juillet 2025 · until 30 juin 2031

Active

Bulgurlu Hakan Hamdi

Director · since 01 juillet 2025 · until 16 mars 2026

Active

Kemal Ebiçlioglu Fatih

Director · since 01 juillet 2025 · until 16 mars 2026

Active

Ragip Balcioglu Mehmet

Director · since 01 juillet 2025 · until 01 octobre 2025

Active

Rodolphe Harold H Claeys

Managing director · since 01 juillet 2025 · until 30 juin 2031

Active

Ended mandates

Hamdi Bulgurlu Hakan

Director · since 01 juillet 2025 · until 30 juin 2031

Ended

Kemal Ebiçlioglu Fatih

Director · since 01 juillet 2025 · until 30 juin 2031

Ended

Ragip Balcioglu Mehmet

Director · since 01 juillet 2025 · until 30 juin 2031

Ended

Russo Pasquale

Director · since 31 août 2023 · until 01 juillet 2025

Ended

Other companies at this address

Schaliënhoevedreef 26 2800 Mechelen

Company	CBE no.
Beko Belgium● Active	0425.608.680

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	15/09/2026	28/10/2025	25/04/2025	13/07/2023	19/07/2022	13/07/2021
General meeting	24/07/2026	25/09/2025	31/01/2025	30/06/2023	30/06/2022	30/06/2021
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, 23 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	24/07/2026	15/09/2026	Dutch	PDF
Full model	31/12/2024	25/09/2025	28/10/2025	Dutch	PDF
Full modelCorrection	31/12/2023	31/01/2025	25/04/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	25/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	13/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	19/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	13/07/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	10/07/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	19/07/2019	Dutch	PDF
Full model	31/12/2017	27/06/2018	25/07/2018	Dutch	PDF
Full model	31/12/2016	24/07/2017	28/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	28/07/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	15/07/2015	Dutch	PDF
Full modelCorrection	31/12/2013	30/10/2014	17/04/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	28/07/2014	Dutch	PDF
Full modelCorrection	31/12/2012	28/06/2013	14/10/2013	Dutch	PDF
Full model	31/12/2012	28/06/2013	26/07/2013	Dutch	PDF
Full model	31/12/2011	04/07/2012	18/07/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	03/08/2011	Dutch	PDF
Full model	31/12/2009	30/06/2010	05/08/2010	Dutch	PDF
Full model	31/12/2008	30/06/2009	15/07/2009	Dutch	PDF
Full model	31/12/2007	26/06/2008	23/07/2008	Dutch	PDF
Full model	31/12/2006	28/06/2007	28/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

8 active · 43 ended

Active mandates

Dincer Cemal Can

Director · since 16 mars 2026

Active

Sen Polat

Director · since 16 mars 2026

Active

Garzanli Akin

Director · since 01 octobre 2025 · until 30 septembre 2031

Active

Alparslan Baris

Director · since 01 juillet 2025 · until 30 juin 2031

Active

Bulgurlu Hakan Hamdi

Director · since 01 juillet 2025 · until 16 mars 2026

Active

Kemal Ebiçlioglu Fatih

Director · since 01 juillet 2025 · until 16 mars 2026

Active

Ragip Balcioglu Mehmet

Director · since 01 juillet 2025 · until 01 octobre 2025

Active

Rodolphe Harold H Claeys

Managing director · since 01 juillet 2025 · until 30 juin 2031

Active

Ended mandates

Hamdi Bulgurlu Hakan

Director · since 01 juillet 2025 · until 30 juin 2031

Ended

Kemal Ebiçlioglu Fatih

Director · since 01 juillet 2025 · until 30 juin 2031

Ended

Ragip Balcioglu Mehmet

Director · since 01 juillet 2025 · until 30 juin 2031

Ended

Russo Pasquale

Director · since 31 août 2023 · until 01 juillet 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office18/12/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates12/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other18/07/2024
BENAMING
PDF
Mandates01/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/11/2023
KAPITAAL - AANDELEN
PDF
Mandates30/03/2023
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

16/03/2026
nominationPolat Sen — bestuurder
16/03/2026
nominationCemal Can Dinçer — bestuurder
2025
Annual accounts 2025649,3 k €↓
01/10/2025
nominationAkin Garzanli — bestuurder
01/07/2025
nominationFatih Kemal Ebiçlioÿlu — bestuurder
01/07/2025
nominationHakan Hamdi Bulgurlu — bestuurder
01/07/2025
nominationBaris Alparslan — bestuurder
01/07/2025
nominationMehmet Ragip Balcioÿlu — bestuurder
01/07/2025
reconductionRodolphe Claeys — bestuurder
01/07/2025
nominationRodolphe Claeys — gedelegeerd bestuurder
2024
Annual accounts 2024991 k €↑
2023
Annual accounts 2023699,9 k €↑
25/09/2023
autre
31/08/2023
nominationPasquale Russo — bestuurder
15/03/2023
nominationJ. Ch. Bidlingmaier — bestuurder
2023
Name changeEuropean Appliances Belgium
2022
Annual accounts 2022281,8 k €↑
31/03/2022
nominationJoanna Irena Batkowska — bestuurder
2021
Annual accounts 2021-27 k €↑
2021
Name changeWhirlpool Belux
2020
Annual accounts 2020-84,5 k €↓
2019
Annual accounts 2019-82,1 k €↓
2018
Annual accounts 2018163,3 k €↓
2017
Annual accounts 20171,2 M €↑
2016
Annual accounts 2016-23,6 M €↓
2015
Annual accounts 2015-423 k €↓
2014
Annual accounts 2014983 k €↓
2013
Annual accounts 201318,2 M €↑
2012
Annual accounts 2012699,9 k €↑
2011
Annual accounts 2011-321,9 k €↓
2010
Annual accounts 2010935,6 k €↑
2009
Annual accounts 2009750 k €↑
2008
Annual accounts 2008424,7 k €
27/09/1982
IncorporationPublic limited company

European Appliances Belgium

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