ACTIVE

EUROPEAN OWENS CORNING FIBERGLAS

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
Joint committees (3)
  • 120
  • 214
  • 218
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 37 filings

Trend over 18 financial years

20242023202220212020
Income statement
Revenue490,9 M €524,9 M €670,7 M €589,4 M €513,6 M €
EBITDA5,7 M €9,6 M €48,3 M €41,5 M €25,1 M €
Operating result4,5 M €9,2 M €42,6 M €39,5 M €22,5 M €
Net result27,2 M €4,4 M €26,8 M €53 M €13,9 M €
Balance sheet
Equity221 M €193,7 M €189,3 M €233,9 M €180,9 M €
Total assets814,5 M €762,7 M €647,2 M €593 M €660,2 M €
Cash406 M €369,8 M €228,5 M €132 M €167 M €
Debts593,1 M €568,4 M €457,3 M €358,5 M €478,7 M €
Other
Workforce109,3 ETP124,5 ETP130,8 ETP130,8 ETP131,1 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 · 11 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DAMIEN ZAHER
Directorsince 25/09/2024
James Weber
Director16/09/2023 → 25/09/2024
CLAIRE DAGOMMER
Directorsince 28/04/2017Managersince 28/04/2017ended
XAVIER NOTARD
Directorsince 28/04/2017Managersince 28/04/2017ended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
NICOLAS DEL MONACO
Director14/01/2019 → 16/09/2023Managersince 14/01/2019
UMBERTO RIGAMONTI
Manager15/06/2016 → 14/01/2019

Other companies at this address

Chaussée de La Hulpe 166 1170 Watermael-Boitsfort
CompanyCBE no.
AdaStone● Active
0761.830.278
AD-BEL SERVICES● Active
0832.240.402
1010.695.656
1010.695.854
0644.464.931
0800.056.691
0783.501.365
0415.973.612
AGNES MAQUA● Active
0464.713.043
ALTIMAR● Active
0430.069.987
0894.813.815
ARTER● Active
0692.924.448
0824.539.194
BARESQUE EUROPE● Active
0722.856.965
BARILLA BELGIUM● Active
0470.995.079
BCH BROKERS● Active
0847.209.084
0778.407.578
0820.737.685
BRF Management● Active
0778.360.167
0641.946.691

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelConsolidated accountsFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/07/202504/07/202409/10/202327/06/202202/07/202128/07/2020
General meeting30/06/202525/06/202413/06/202314/06/202215/04/202130/06/2020
Currency of the financial yearEUREUREUREURUSDEUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 37 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202430/06/202524/07/2025FrenchPDF
Consolidated accounts31/12/202415/04/202525/07/2025FrenchPDF
Full model31/12/202325/06/202404/07/2024FrenchPDF
Consolidated accounts31/12/202318/04/202404/07/2024FrenchPDF
Full modelCorrection31/12/202213/06/202309/10/2023FrenchPDF
Full model31/12/202213/06/202319/06/2023FrenchPDF
Consolidated accounts31/12/202220/04/202320/06/2023FrenchPDF
Full model31/12/202114/06/202227/06/2022FrenchPDF
Consolidated accounts31/12/202114/04/202211/07/2022FrenchPDF
Full model31/12/202008/06/202130/06/2021FrenchPDF
Consolidated accounts31/12/202015/04/202102/07/2021FrenchPDF
Full model31/12/201930/06/202028/07/2020FrenchPDF
Consolidated accounts31/12/201916/04/202028/07/2020FrenchPDF
Full model31/12/201812/06/201918/06/2019FrenchPDF
Consolidated accounts31/12/201801/01/999918/06/2019FrenchPDF
Full model31/12/201712/06/201815/06/2018FrenchPDF
Consolidated accounts31/12/201719/04/201815/06/2018FrenchPDF
Full model31/12/201613/06/201720/06/2017FrenchPDF
Consolidated accounts31/12/201620/04/201720/06/2017FrenchPDF
Full model31/12/201514/06/201614/07/2016FrenchPDF
Consolidated accounts31/12/201521/04/201615/07/2016FrenchPDF
Full model31/12/201409/06/201530/09/2015FrenchPDF
Consolidated accounts31/12/201415/04/201530/09/2015FrenchPDF
Full model31/12/201310/06/201409/07/2014FrenchPDF
Consolidated accounts31/12/201317/04/201407/08/2014FrenchPDF
Full model31/12/201211/06/201305/07/2013FrenchPDF
Consolidated accounts31/12/201218/04/201308/07/2013FrenchPDF
Full modelCorrection31/12/201126/10/201231/10/2012FrenchPDF
Full model31/12/201112/06/201209/07/2012FrenchPDF
Consolidated accounts31/12/201119/04/201219/07/2012FrenchPDF
Full model31/12/201005/07/201108/07/2011FrenchPDF
Consolidated accounts31/12/201016/02/201111/07/2011FrenchPDF
Full model31/12/200908/06/201013/07/2010FrenchPDF
Consolidated accounts31/12/200922/04/201023/07/2010FrenchPDF
Full model31/12/200822/06/200929/06/2009FrenchPDF
Full model31/12/200710/06/200816/07/2008FrenchPDF
Full model31/12/200620/06/200719/07/2007FrenchPDF

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 · 11 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DAMIEN ZAHER
Directorsince 25/09/2024
James Weber
Director16/09/2023 → 25/09/2024
CLAIRE DAGOMMER
Directorsince 28/04/2017Managersince 28/04/2017ended
XAVIER NOTARD
Directorsince 28/04/2017Managersince 28/04/2017ended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
NICOLAS DEL MONACO
Director14/01/2019 → 16/09/2023Managersince 14/01/2019
UMBERTO RIGAMONTI
Manager15/06/2016 → 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

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
DAMIEN ZAHER
James Weber
CLAIRE DAGOMMER
XAVIER NOTARD
NICOLAS DEL MONACO
UMBERTO RIGAMONTI
HUBERT FRAITURE
ARIELLE VANDER PERREN
YANNICK RANNO
MARK NEVILLE
Kimberly HOWARD
ARNAUD GENIS
and 3 more mandates
1984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
EUROPEAN OWENS CORNING FIBERGLAS
Chaussée de La Hulpe 166, 1170 Watermael-Boitsfort
Director
Director
Director
Director
Director
Manager
Manager
Manager
Manager
Manager
Manager
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Chaussée de La Hulpe 166, 1170 Watermael-BoitsfortCurrent
accounts 2021 → 2024
Accounts 2024 · 2025-00306246

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
EUROPEAN OWENS CORNING FIBERGLASCurrent
accounts 2006 → 2024
Accounts 2024 · 2025-00306246

Events

  1. 28/02/2026
    nominationATTAFUAH Felix · administrateur
  2. 31/12/2025
    split
  3. 31/12/2025
    apport
  4. 31/12/2025
    reduction_capital
  5. 01/07/2025
    split
  6. 30/06/2025
    nominationAxelle Nyst · administrateur
  7. 2024
    Annual accounts 202427,2 M €↑
  8. 25/09/2024
    nominationDamien ZAHER · administrateur
  9. 2023
    Annual accounts 20234,4 M €↓
  10. 16/09/2023
    nominationJames Webber · administrateur
  11. 13/06/2023
    reconductionPwC Reviseurs d'Entreprises · commissaire
  12. 2022
    Annual accounts 202226,8 M €↓
  13. 2021
    Annual accounts 202153 M €↑
  14. 2020
    Annual accounts 202013,9 M €↓
  15. 2019
    Annual accounts 201917,6 M €↑
  16. 2018
    Annual accounts 201815,3 M €↓
  17. 2017
    Annual accounts 201720,6 M €↓
  18. 2016
    Annual accounts 201623,4 M €↓
  19. 2015
    Annual accounts 201529,8 M €↑
  20. 2014
    Annual accounts 201420,4 M €↑
  21. 2013
    Annual accounts 2013-57 M €↓
  22. 2012
    Annual accounts 20124,4 M €↑
  23. 2011
    Annual accounts 2011-5,9 M €↑
  24. 2010
    Annual accounts 2010-8,4 M €↓
  25. 2008
    Annual accounts 20085,6 M €↓
  26. 2007
    Annual accounts 20076,8 M €↓
  27. 2006
    Annual accounts 20067,6 M €
  28. 19/09/1984
    IncorporationPrivate limited company