ACTIVE

IKEA BELGIUM

Financial year 2025 · Closed on 31/08/2025

Net result72,9 M €-8,4 %over 1 year
Revenue1,1 Md €-1,4 %over 1 year
Equity27 M €-0,0 %over 1 year
Workforce3 338,7 ETP+2,1 %over 1 year

Identity

Source · BCE/KBO

IKEA BELGIUM is a Public limited company incorporated in 1983. Its registered office is in Zaventem. It employs on average 3 338,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0425.258.688
Incorporation
28/12/1983
Legal form
Public limited company
Registered office
Weiveldlaan 19
1930 Zaventem · FlandreSee on map
Contributed capital
24 500 388,30 €
Latest accounts
31/08/2025
Average workforce
3 338,7 ETP
Joint committees (2)
  • 311
  • 312
Signals
ProfitablePositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 34 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue1,1 Md €1,2 Md €1,2 Md €1 Md €978,8 M €
EBITDA120,8 M €131,4 M €133,2 M €84,4 M €95,2 M €
Operating result98 M €109,4 M €111,5 M €63,1 M €70,9 M €
Net result72,9 M €79,7 M €81,5 M €45,2 M €53,2 M €
Balance sheet
Equity27 M €27 M €27 M €27 M €27 M €
Total assets326,4 M €326 M €343,8 M €282,2 M €308,6 M €
Cash17,2 M €13,7 M €5,9 M €6,4 M €7,3 M €
Debts296,6 M €295,6 M €313,1 M €251,8 M €278 M €
Other
Workforce3 338,7 ETP3 269,8 ETP3 232,8 ETP3 319,7 ETP3 258,2 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 31/08/2025

4 active · 62 ended

Active mandates

Valentina Cirell

Lid van toezichtsraad · since 01 avril 2025 · until 17 novembre 2025

Active
Stefan Vanoverbeke

Lid van toezichtsraad · since 01 janvier 2024 · until 17 novembre 2025

Active
Maria Nilsson Karnell

Lid van toezichtsraad · since 14 octobre 2023 · until 17 novembre 2025

Active
Martina Parker-Norton

Lid van toezichtsraad · since 14 octobre 2023 · until 01 avril 2025

Active

Ended mandates

Stefan Vanoverbeke

Lid van toezichtsraad · since 01 janvier 2024 · until 15 novembre 2024

Ended
Maria Nilsson Karnell

Lid van toezichtsraad · since 14 octobre 2023 · until 15 novembre 2023

Ended
Maria Nilsson Karnell

Lid van toezichtsraad · since 14 octobre 2023 · until 15 novembre 2024

Ended
Martina Parker-Norton

Lid van toezichtsraad · since 14 octobre 2023 · until 15 novembre 2023

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelConsolidated accountsConsolidated accounts
Start of the financial year01/09/202401/09/202301/09/202201/09/202101/09/202001/09/2019
Closing of the financial year31/08/202531/08/202431/08/202331/08/202231/08/202131/08/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/11/202521/11/202403/01/202415/12/202214/02/202220/12/2021
General meeting17/11/202515/11/202415/11/202315/11/202225/11/202119/11/2020
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, 34 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/08/202517/11/202519/11/2025DutchPDF
Consolidated accounts31/08/202504/11/202523/03/2026EnglishPDF
Full model31/08/202415/11/202421/11/2024DutchPDF
Consolidated accounts31/08/202419/11/202423/03/2026EnglishPDF
Full model31/08/202315/11/202303/01/2024DutchPDF
Consolidated accounts31/08/202322/11/202328/03/2024EnglishPDF
Full model31/08/202215/11/202215/12/2022DutchPDF
Consolidated accounts31/08/202223/11/202226/06/2023EnglishPDF
Full model31/08/202115/11/202110/12/2021DutchPDF
Consolidated accounts31/08/202125/11/202114/02/2022EnglishPDF
Full model31/08/202016/11/202017/11/2020DutchPDF
Consolidated accounts31/08/202019/11/202020/12/2021DutchPDF
Full model31/08/201915/11/201904/12/2019DutchPDF
Consolidated accounts31/08/201901/01/999920/12/2021DutchPDF
Full model31/08/201815/11/201824/12/2018DutchPDF
Consolidated accounts31/08/201819/11/201823/04/2019DutchPDF
Full model31/08/201715/11/201722/12/2017DutchPDF
Consolidated accounts31/08/201731/01/201809/04/2018DutchPDF
Full model31/08/201615/11/201614/12/2016DutchPDF
Consolidated accounts31/08/201629/11/201627/02/2017DutchPDF
Full model31/08/201516/11/201524/12/2015DutchPDF
Consolidated accounts31/08/201501/12/201522/08/2016DutchPDF
Full model31/08/201417/11/201412/12/2014DutchPDF
Consolidated accounts31/08/201415/01/201526/06/2015DutchPDF

View all 34 filings

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 31/08/2025

4 active · 62 ended

Active mandates

Valentina Cirell

Lid van toezichtsraad · since 01 avril 2025 · until 17 novembre 2025

Active
Stefan Vanoverbeke

Lid van toezichtsraad · since 01 janvier 2024 · until 17 novembre 2025

Active
Maria Nilsson Karnell

Lid van toezichtsraad · since 14 octobre 2023 · until 17 novembre 2025

Active
Martina Parker-Norton

Lid van toezichtsraad · since 14 octobre 2023 · until 01 avril 2025

Active

Ended mandates

Stefan Vanoverbeke

Lid van toezichtsraad · since 01 janvier 2024 · until 15 novembre 2024

Ended
Maria Nilsson Karnell

Lid van toezichtsraad · since 14 octobre 2023 · until 15 novembre 2023

Ended
Maria Nilsson Karnell

Lid van toezichtsraad · since 14 octobre 2023 · until 15 novembre 2024

Ended
Martina Parker-Norton

Lid van toezichtsraad · since 14 octobre 2023 · until 15 novembre 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/06/2022
    ONTSLAGEN - BENOEMINGEN
    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 202572,9 M €↓
  2. 01/04/2025
    nominationValentina Cirella — lid van de Raad Van Toezicht
  3. 2024
    Annual accounts 202479,7 M €↓
  4. 01/01/2024
    nominationStefan Vanoverbeke — lid van de Raad van Toezicht
  5. 14/10/2023
    nominationMaria Therese Nilsson Karnell — bestuurdersleden van de Raad van Toezicht
  6. 14/10/2023
    nominationMartina Parker-Norton — bestuurdersleden van de Raad van Toezicht
  7. 14/10/2023
    demissionRob Werkman — bestuursleden van de Raad van Toezicht
  8. 14/10/2023
    demissionAnna Louise Bergstrand — bestuursleden van de Raad van Toezicht
  9. 2023
    Annual accounts 202381,5 M €↑
  10. 2022
    Annual accounts 202245,2 M €↓
  11. 2021
    Annual accounts 202153,2 M €↑
  12. 2020
    Annual accounts 202046,9 M €↑
  13. 2019
    Annual accounts 201946,7 M €↑
  14. 2018
    Annual accounts 201832,6 M €↓
  15. 2017
    Annual accounts 201745,8 M €↑
  16. 2016
    Annual accounts 201628,4 M €↓
  17. 2015
    Annual accounts 201542,8 M €↑
  18. 2014
    Annual accounts 201441,3 M €↓
  19. 2013
    Annual accounts 201346,7 M €↑
  20. 2012
    Annual accounts 201237,5 M €↓
  21. 2011
    Annual accounts 201156,5 M €↑
  22. 2010
    Annual accounts 201046,5 M €↑
  23. 2009
    Annual accounts 200938 M €↓
  24. 2008
    Annual accounts 200846,6 M €↑
  25. 2007
    Annual accounts 200743,8 M €
  26. 28/12/1983
    IncorporationPublic limited company