ACTIVE

EUROPEAN OWENS CORNING FIBERGLAS

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Financial year 2024 · Closed on 31/12/2024

Net result27,2 M €+518,8 %over 1 year

Revenue490,9 M €-6,5 %over 1 year

Equity221 M €+14,1 %over 1 year

Workforce109,3 ETP-12,2 %over 1 year

Identity

Source · BCE/KBO

EUROPEAN OWENS CORNING FIBERGLAS is a Private limited company incorporated in 1984. Its main activity is: Agents specialised in the sale of other particular products. Its registered office is in Watermael-Boitsfort. It employs on average 109,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0426.240.170
Incorporation: 19/09/1984
Legal form: Private limited company
Registered office: Chaussée de La Hulpe 166
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital: 106 473 389,00 €
Latest accounts: 31/12/2024
Average workforce: 109,3 ETP

Activities (NACE)

46180Agents specialised in the sale of other particular products· main 46180Agents specialised in the sale of other particular products 51180Passenger air transport

Joint committees (3)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 37 filings

Trend over 18 financial years

	2024		2023		2022		2021		2020
Income statement
Revenue	490,9 M €	-6.5%	524,9 M €	-21.7%	670,7 M €	+13.8%	589,4 M €	+14.7%	513,6 M €
EBITDA	5,7 M €	-40.9%	9,6 M €	-80.2%	48,3 M €	+16.5%	41,5 M €	+65.3%	25,1 M €
Operating result	4,5 M €	-50.9%	9,2 M €	-78.5%	42,6 M €	+7.9%	39,5 M €	+75.7%	22,5 M €
Net result	27,2 M €	+519%	4,4 M €	-83.6%	26,8 M €	-49.5%	53 M €	+282%	13,9 M €
Balance sheet
Equity	221 M €	+14.1%	193,7 M €	+2.3%	189,3 M €	-19.1%	233,9 M €	+29.3%	180,9 M €
Total assets	814,5 M €	+6.8%	762,7 M €	+17.8%	647,2 M €	+9.1%	593 M €	-10.2%	660,2 M €
Cash	406 M €	+9.8%	369,8 M €	+61.9%	228,5 M €	+73.1%	132 M €	-21.0%	167 M €
Debts	593,1 M €	+4.3%	568,4 M €	+24.3%	457,3 M €	+27.6%	358,5 M €	-25.1%	478,7 M €
Other
Workforce	109,3 ETP	-12.2%	124,5 ETP	-4.8%	130,8 ETP	0.0%	130,8 ETP	-0.2%	131,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

4 active · 43 ended

Active mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
DAMIEN ZAHER	Director	since 25/09/2024
James Weber	Director	16/09/2023 → 25/09/2024
CLAIRE DAGOMMER	Director	since 28/04/2017	000
XAVIER NOTARD	Director	since 28/04/2017	000

Ended mandates

Director	Function	Mandate
James Weber	Director	since 16/09/2023
NICOLAS DEL MONACO	Director	14/01/2019 → 16/09/2023
NICOLAS DEL MONACO	Director	since 14/01/2019
NICOLAS DEL MONACO	Manager	since 14/01/2019

Other companies at this address

Chaussée de La Hulpe 166 1170 Watermael-Boitsfort

Company	CBE no.
AdaStone● Active	0761.830.278
AD-BEL SERVICES● Active	0832.240.402
Administratiekantoor Scheldt I● Active	1010.695.656
Administratiekantoor Scheldt II● Active	1010.695.854
ADVOCATENKANTOOR GARREZ JORREN● Active	0644.464.931
ADVOCATENKANTOOR ILHAM IRGIOU● Active	0800.056.691
Afer Pierre Holding Belgium● Active	0783.501.365
AGENCE ET PROMOTION IMMOBILIERES● Active	0415.973.612
AGNES MAQUA● Active	0464.713.043
ALTIMAR● Active	0430.069.987
AMERICAN MANAGEMENT ASSOCIATION EUROPE● Active	0894.813.815
ARTER● Active	0692.924.448
Association des copropriétaires à Watermael-Boitsfort Chaussée de La Hulpe 166● Active	0824.539.194
BARESQUE EUROPE● Active	0722.856.965
BARILLA BELGIUM● Active	0470.995.079
BCH BROKERS● Active	0847.209.084
Belgian Resilience Fund● Active	0778.407.578
BLUEMIND BUSINESS INFORMATION SERVICES● Active	0820.737.685
BRF Management● Active	0778.360.167
BROEKZELE VASTGOED● Active	0641.946.691

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Consolidated accounts	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/07/2025	04/07/2024	09/10/2023	27/06/2022	02/07/2021	28/07/2020
General meeting	30/06/2025	25/06/2024	13/06/2023	14/06/2022	15/04/2021	30/06/2020
Currency of the financial year	EUR	EUR	EUR	EUR	USD	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, 37 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	30/06/2025	24/07/2025	French	PDF
Consolidated accounts	31/12/2024	15/04/2025	25/07/2025	French	PDF
Full model	31/12/2023	25/06/2024	04/07/2024	French	PDF
Consolidated accounts	31/12/2023	18/04/2024	04/07/2024	French	PDF
Full modelCorrection	31/12/2022	13/06/2023	09/10/2023	French	PDF
Full model	31/12/2022	13/06/2023	19/06/2023	French	PDF
Consolidated accounts	31/12/2022	20/04/2023	20/06/2023	French	PDF
Full model	31/12/2021	14/06/2022	27/06/2022	French	PDF
Consolidated accounts	31/12/2021	14/04/2022	11/07/2022	French	PDF
Full model	31/12/2020	08/06/2021	30/06/2021	French	PDF
Consolidated accounts	31/12/2020	15/04/2021	02/07/2021	French	PDF
Full model	31/12/2019	30/06/2020	28/07/2020	French	PDF
Consolidated accounts	31/12/2019	16/04/2020	28/07/2020	French	PDF
Full model	31/12/2018	12/06/2019	18/06/2019	French	PDF
Consolidated accounts	31/12/2018	01/01/9999	18/06/2019	French	PDF
Full model	31/12/2017	12/06/2018	15/06/2018	French	PDF
Consolidated accounts	31/12/2017	19/04/2018	15/06/2018	French	PDF
Full model	31/12/2016	13/06/2017	20/06/2017	French	PDF
Consolidated accounts	31/12/2016	20/04/2017	20/06/2017	French	PDF
Full model	31/12/2015	14/06/2016	14/07/2016	French	PDF
Consolidated accounts	31/12/2015	21/04/2016	15/07/2016	French	PDF
Full model	31/12/2014	09/06/2015	30/09/2015	French	PDF
Consolidated accounts	31/12/2014	15/04/2015	30/09/2015	French	PDF
Full model	31/12/2013	10/06/2014	09/07/2014	French	PDF

View all 37 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 31/12/2024

4 active · 43 ended

Active mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
DAMIEN ZAHER	Director	since 25/09/2024
James Weber	Director	16/09/2023 → 25/09/2024
CLAIRE DAGOMMER	Director	since 28/04/2017	000
XAVIER NOTARD	Director	since 28/04/2017	000

Ended mandates

Director	Function	Mandate
James Weber	Director	since 16/09/2023
NICOLAS DEL MONACO	Director	14/01/2019 → 16/09/2023
NICOLAS DEL MONACO	Director	since 14/01/2019
NICOLAS DEL MONACO	Manager	since 14/01/2019

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates17/07/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates03/04/2026
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Restructuring28/01/2026
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring28/01/2026
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates20/11/2025
DEMISSIONS, NOMINATIONS
PDF
Restructuring17/10/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring07/10/2025
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates16/07/2025
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

28/02/2026
nominationATTAFUAH Felix · administrateur
31/12/2025
split
31/12/2025
apport
31/12/2025
reduction_capital
01/07/2025
split
30/06/2025
nominationAxelle Nyst · administrateur
2024
Annual accounts 202427,2 M €↑
25/09/2024
nominationDamien ZAHER · administrateur
2023
Annual accounts 20234,4 M €↓
16/09/2023
nominationJames Webber · administrateur
13/06/2023
reconductionPwC Reviseurs d'Entreprises · commissaire
2022
Annual accounts 202226,8 M €↓
2021
Annual accounts 202153 M €↑
2020
Annual accounts 202013,9 M €↓
2019
Annual accounts 201917,6 M €↑
2018
Annual accounts 201815,3 M €↓
2017
Annual accounts 201720,6 M €↓
2016
Annual accounts 201623,4 M €↓
2015
Annual accounts 201529,8 M €↑
2014
Annual accounts 201420,4 M €↑
2013
Annual accounts 2013-57 M €↓
2012
Annual accounts 20124,4 M €↑
2011
Annual accounts 2011-5,9 M €↑
2010
Annual accounts 2010-8,4 M €↓
2008
Annual accounts 20085,6 M €↓
2007
Annual accounts 20076,8 M €↓
2006
Annual accounts 20067,6 M €
19/09/1984
IncorporationPrivate limited company

EUROPEAN OWENS CORNING FIBERGLAS

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