ACTIVE

EQUANS

Financial year 2025 · Closed on 31/12/2025

Net result19,7 M €+963,9 %over 1 year
Revenue1,3 Md €-7,8 %over 1 year
Equity277,8 M €-9,3 %over 1 year
Workforce4 823,5 ETP-5,5 %over 1 year

Identity

Source · BCE/KBO

EQUANS is a Public limited company incorporated in 1983. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Saint-Josse-ten-Noode. It employs on average 4 823,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0425.702.910
Incorporation
02/12/1983
Legal form
Public limited company
Registered office
Boulevard du Roi Albert II 19
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Contributed capital
127 178 927,03 €
Latest accounts
31/12/2025
Average workforce
4 823,5 ETP
Joint committees (5)
  • 100
  • 111
  • 14901
  • 209
  • 218
Contacts
1 public detail availableLog in to view
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 32 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue1,3 Md €1,4 Md €1,4 Md €1 Md €906,1 M €
EBITDA47,6 M €23,4 M €7,6 M €13,7 M €23,5 M €
Operating result29,4 M €-2,2 M €-21,7 M €-9,7 M €7,8 M €
Net result19,7 M €-2,3 M €104,8 M €-14,3 M €598,6 k €
Balance sheet
Equity277,8 M €306,3 M €313,8 M €123 M €137,3 M €
Total assets969,1 M €961,5 M €997 M €705,6 M €612 M €
Cash1,4 M €1,9 M €1,2 M €250,8 k €1,7 M €
Debts651,2 M €609,4 M €636,5 M €547,7 M €446,8 M €
Other
Workforce4 823,5 ETP5 103,4 ETP5 232,7 ETP3 654,3 ETP3 663,0 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

7 active · 52 ended

Active mandates

Didier ENGELS

Director · since 24 juin 2025 · until 26 juin 2029

Active
Natalie DEWULF

Director · since 25 juin 2024 · until 27 juin 2028

Active
Pascal GROSJEAN

Director · since 16 novembre 2023 · until 22 juin 2027

Active
Jan VANDENBROUCKE

Director · since 03 juillet 2023 · until 22 juin 2027

Active
Filip COCQUEREAUX

Director · since 01 juillet 2022 · until 23 juin 2026

Active
Philippe MASEREEL

Director · since 01 juillet 2022 · until 23 juin 2026

Active
Mark DIRCKX

Chairman of the board of directors · since 28 juin 2022 · until 23 juin 2026

Active

Ended mandates

Peter MATTON

Director · since 01 juillet 2022 · until 30 avril 2023

Ended
Peter MATTON

Director · since 01 juillet 2022 · until 23 juin 2026

Ended
Didier ENGELS

Director · since 28 juin 2022 · until 24 juin 2025

Ended
Didier Engels

Director · since 21 décembre 2021 · until 28 juin 2022

Ended

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Boulevard du Roi Albert II 19 1210 Saint-Josse-ten-Noode
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Circul 2020● Active
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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 date26/06/202607/07/202523/07/202420/07/202305/07/202213/07/2021
General meeting23/06/202624/06/202525/06/202427/06/202328/06/202222/06/2021
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, 32 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202523/06/202626/06/2026DutchPDF
Full model31/12/202523/06/202626/06/2026FrenchPDF
Full model31/12/202424/06/202507/07/2025FrenchPDF
Full model31/12/202424/06/202507/07/2025DutchPDF
Full model31/12/202325/06/202423/07/2024FrenchPDF
Full model31/12/202325/06/202423/07/2024DutchPDF
Full model31/12/202227/06/202320/07/2023FrenchPDF
Full model31/12/202227/06/202320/07/2023DutchPDF
Full model31/12/202128/06/202205/07/2022DutchPDF
Full model31/12/202128/06/202205/07/2022FrenchPDF
Full model31/12/202022/06/202113/07/2021DutchPDF
Full model31/12/202022/06/202113/07/2021FrenchPDF
Full model31/12/201923/06/202023/07/2020DutchPDF
Full model31/12/201923/06/202023/07/2020FrenchPDF
Full model31/12/201825/06/201923/07/2019DutchPDF
Full model31/12/201825/06/201923/07/2019FrenchPDF
Full model31/12/201726/06/201826/07/2018DutchPDF
Full model31/12/201726/06/201826/07/2018FrenchPDF
Full model31/12/201627/06/201723/08/2017GermanPDF
Full model31/12/201627/06/201723/08/2017EnglishPDF
Full model31/12/201627/06/201723/08/2017DutchPDF
Full model31/12/201627/06/201707/07/2017FrenchPDF
Full model31/12/201530/06/201622/07/2016FrenchPDF
Full model31/12/201402/06/201529/06/2015FrenchPDF

View all 32 filings

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

7 active · 52 ended

Active mandates

Didier ENGELS

Director · since 24 juin 2025 · until 26 juin 2029

Active
Natalie DEWULF

Director · since 25 juin 2024 · until 27 juin 2028

Active
Pascal GROSJEAN

Director · since 16 novembre 2023 · until 22 juin 2027

Active
Jan VANDENBROUCKE

Director · since 03 juillet 2023 · until 22 juin 2027

Active
Filip COCQUEREAUX

Director · since 01 juillet 2022 · until 23 juin 2026

Active
Philippe MASEREEL

Director · since 01 juillet 2022 · until 23 juin 2026

Active
Mark DIRCKX

Chairman of the board of directors · since 28 juin 2022 · until 23 juin 2026

Active

Ended mandates

Peter MATTON

Director · since 01 juillet 2022 · until 30 avril 2023

Ended
Peter MATTON

Director · since 01 juillet 2022 · until 23 juin 2026

Ended
Didier ENGELS

Director · since 28 juin 2022 · until 24 juin 2025

Ended
Didier Engels

Director · since 21 décembre 2021 · until 28 juin 2022

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other06/07/2026
    —
    PDF
  • Other06/07/2026
    —
    PDF
  • Other16/02/2026
    DIVERSEN
    PDF
  • Other16/02/2026
    DIVERS
    PDF
  • Mandates28/08/2025
    DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/08/2025
    DIVERS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/02/2025
    DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/02/2025
    DIVERS - DEMISSIONS, NOMINATIONS
    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 202519,7 M €↑
  2. 18/07/2025
    nominationRomuald Bilem — représentant permanent du commissaire
  3. 18/07/2025
    nominationRomuald Bilem — commissaris
  4. 05/05/2025
    nominationJean-Pierre MARTIN — Dagelijks Bestuurder
  5. 2024
    Annual accounts 2024-2,3 M €↓
  6. 23/10/2024
    nominationMark DIRCKX — Dagelijks Bestuurder
  7. 23/10/2024
    nominationBruno DENEYER — Dagelijks Bestuurder
  8. 23/10/2024
    nominationMarc DUVIEUSART — Dagelijks Bestuurder
  9. 23/10/2024
    nominationChristine MARCHAL — Dagelijks Bestuurder
  10. 25/06/2024
    reconductionNatalie Dewulf — bestuurder
  11. 25/06/2024
    reconductionNatalie Dewulf — administrateur
  12. 2023
    Annual accounts 2023104,8 M €↑
  13. 16/11/2023
    nominationPascal GROSJEAN — administrateur
  14. 16/11/2023
    nominationPascal GROSJEAN — bestuurder
  15. 03/07/2023
    nominationJan Vandenbroucke — administrateur
  16. 03/07/2023
    nominationJan Vandenbroucke — bestuurder
  17. 2023
    Name changeEQUANS
  18. 2022
    Annual accounts 2022-14,3 M €↓
  19. 2021
    Annual accounts 2021598,6 k €↓
  20. 2020
    Annual accounts 20202 M €↓
  21. 2019
    Annual accounts 201912,1 M €↓
  22. 2018
    Annual accounts 201818,5 M €↑
  23. 2015
    Annual accounts 201531,6 k €↓
  24. 2014
    Annual accounts 201411,1 M €↓
  25. 2013
    Annual accounts 201316,6 M €↓
  26. 2012
    Annual accounts 201219,7 M €↑
  27. 2012
    Name changeCOFELY FABRICOM
  28. 2011
    Annual accounts 201119,1 M €↓
  29. 2010
    Annual accounts 201029,4 M €↑
  30. 2009
    Annual accounts 200919,6 M €↓
  31. 2009
    Name changeFabricom
  32. 2008
    Annual accounts 200826 M €↑
  33. 2007
    Annual accounts 200711,2 M €↑
  34. 2006
    Annual accounts 2006-4,5 M €
  35. 2006
    Name changeFABRICOM GTI
  36. 02/12/1983
    IncorporationPublic limited company