ACTIVE

DHL AVIATION

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Financial year 2025 · Closed on 31/12/2025

Net result7,9 M €-2,4 %over 1 year
Revenue263,9 M €+3,5 %over 1 year
Equity70,7 M €+12,6 %over 1 year
Workforce1 402,6 ETP-3,0 %over 1 year

Identity

Source · BCE/KBO

DHL AVIATION is a Public limited company incorporated in 1985. Its registered office is in Steenokkerzeel. It employs on average 1 402,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0427.599.358
Incorporation
19/07/1985
Legal form
Public limited company
Registered office
Vliegveld 117
1820 Steenokkerzeel · FlandreSee on map
Contributed capital
19 000 000,00 €
Latest accounts
31/12/2025
Average workforce
1 402,6 ETP
Joint committees (4)
  • 140
  • 14003
  • 14004
  • 226
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 59 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue263,9 M €255 M €246,8 M €216,6 M €216,1 M €
EBITDA35,8 M €34,2 M €37,6 M €29,6 M €25,9 M €
Operating result14,9 M €14,8 M €18,2 M €13,9 M €9,5 M €
Net result7,9 M €8,1 M €8,7 M €7,6 M €4 M €
Balance sheet
Equity70,7 M €62,7 M €54,6 M €45,9 M €37,9 M €
Total assets221,5 M €239,4 M €245,6 M €221,6 M €225 M €
Cash43,5 M €43,1 M €45,8 M €38,8 M €47,7 M €
Debts148,8 M €175,2 M €188,8 M €174,2 M €185,4 M €
Other
Workforce1 402,6 ETP1 445,9 ETP1 468,7 ETP1 556,0 ETP1 544,5 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

3 active · 47 ended

Active mandates

Gert Jordens

Director · since 10 mai 2025 · until 12 mai 2028

Active
Kirsten Carlier

Managing director · since 10 mai 2025 · until 12 mai 2028

Active
Peter Harn

Director · since 24 juin 2020 · until 15 mai 2026

Active

Ended mandates

Gert Jordens

Director · since 23 juin 2022 · until 09 mai 2025

Ended
Kirsten Carlier

Managing director · since 23 juin 2022 · until 09 mai 2025

Ended
Peter Harn

Director · since 24 juin 2020 · until 12 mai 2023

Ended
Peter Harn

Director · since 24 juin 2020 · until 08 mai 2026

Ended

Other companies at this address

Vliegveld 117 1820 Steenokkerzeel
CompanyCBE no.
Belgian Air Transport Association● Active
0417.548.772

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 date22/06/202619/05/202506/06/202414/06/202320/05/202207/06/2021
General meeting15/05/202614/05/202515/05/202412/05/202313/05/202214/05/2021
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, 59 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202515/05/202622/06/2026DutchPDF
Full model31/12/202414/05/202519/05/2025DutchPDF
Full model31/12/202315/05/202406/06/2024DutchPDF
Full model31/12/202212/05/202314/06/2023DutchPDF
Full model31/12/202113/05/202220/05/2022DutchPDF
Full model31/12/202014/05/202107/06/2021DutchPDF
Full model31/12/201923/06/202030/06/2020DutchPDF
Full model31/12/201815/05/201906/06/2019DutchPDF
Full model31/12/201711/05/201805/06/2018DutchPDF
Full model31/12/201612/05/201730/05/2017DutchPDF
Full model31/12/201513/05/201615/06/2016DutchPDF
Full model31/12/201408/05/201516/06/2015DutchPDF
Full model31/12/201309/05/201430/06/2014DutchPDF
Full model31/12/201210/05/201324/06/2013DutchPDF
Full model31/12/201111/05/201204/07/2012DutchPDF
Full model31/12/201013/05/201106/06/2011DutchPDF
Full model31/12/200914/05/201001/06/2010DutchPDF
Full model31/12/200808/05/200902/06/2009DutchPDF
Consolidated accounts31/12/200808/05/200902/06/2009DutchPDF
Full model31/12/200713/06/200816/06/2008DutchPDF
Consolidated accounts31/12/200713/06/200801/07/2008DutchPDF
Full model31/12/200611/05/200704/06/2007DutchPDF
Consolidated accounts31/12/200611/05/200707/06/2007DutchPDF
Full model31/12/200512/05/200608/06/2006DutchPDF

View all 59 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

3 active · 47 ended

Active mandates

Gert Jordens

Director · since 10 mai 2025 · until 12 mai 2028

Active
Kirsten Carlier

Managing director · since 10 mai 2025 · until 12 mai 2028

Active
Peter Harn

Director · since 24 juin 2020 · until 15 mai 2026

Active

Ended mandates

Gert Jordens

Director · since 23 juin 2022 · until 09 mai 2025

Ended
Kirsten Carlier

Managing director · since 23 juin 2022 · until 09 mai 2025

Ended
Peter Harn

Director · since 24 juin 2020 · until 12 mai 2023

Ended
Peter Harn

Director · since 24 juin 2020 · until 08 mai 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates06/08/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - DOEL
    PDF
  • Mandates05/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/09/2019
    DIVERSEN
    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 20257,9 M €↓
  2. 14/05/2025
    reconductionKirsten Carlier — bestuurder
  3. 14/05/2025
    reconductionGert Jordens — bestuurder
  4. 22/04/2025
    nominationKirsten Carlier — gedelegeerd bestuurder
  5. 2024
    Annual accounts 20248,1 M €↓
  6. 2023
    Annual accounts 20238,7 M €↑
  7. 12/05/2023
    reconductionPeter Harn — bestuurder
  8. 12/05/2023
    nominationDeloitte Bedrijfsrevisoren BV — commissaris
  9. 2022
    Annual accounts 20227,6 M €↑
  10. 23/06/2022
    nominationKirsten CARLIER — bestuurder en gedelegeerd bestuurder
  11. 23/06/2022
    nominationGert JORDENS — bestuurder
  12. 2021
    Annual accounts 20214 M €↓
  13. 2020
    Annual accounts 20205,4 M €↑
  14. 2019
    Annual accounts 20193,8 M €↓
  15. 2018
    Annual accounts 20184 M €↑
  16. 2017
    Annual accounts 2017547,1 k €↑
  17. 2016
    Annual accounts 2016-1,4 M €↓
  18. 2015
    Annual accounts 2015978,3 k €↑
  19. 2014
    Annual accounts 2014501,8 k €↓
  20. 2013
    Annual accounts 20131 M €↑
  21. 2012
    Annual accounts 2012614,3 k €↑
  22. 2011
    Annual accounts 2011-120,8 k €↓
  23. 2010
    Annual accounts 2010486,9 k €↓
  24. 2009
    Annual accounts 200998 M €↑
  25. 2008
    Annual accounts 2008-183 k €↓
  26. 2006
    Annual accounts 20061,9 M €
  27. 19/07/1985
    IncorporationPublic limited company