ACTIVE

SPEOS BELGIUM

Financial year 2025 · Closed on 31/12/2025

Net result3,6 M €-44,3 %over 1 year
Revenue55,6 M €-5,9 %over 1 year
Equity38,6 M €+12,8 %over 1 year
Workforce221,4 ETP+3,5 %over 1 year

Identity

Source · BCE/KBO

SPEOS BELGIUM is a Public limited company incorporated in 1985. Its main activity is: Other printing. Its registered office is in Bruxelles. It employs on average 221,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0427.627.864
Incorporation
23/07/1985
Legal form
Public limited company
Registered office
Boulevard Anspach 1 box 1
1000 Bruxelles · BruxellesSee on map
Contributed capital
4 384 520,27 €
Latest accounts
31/12/2025
Average workforce
221,4 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 14 financial years

20252024202320222021
Income statement
Revenue55,6 M €59,1 M €58,7 M €53,5 M €48,1 M €
EBITDA7,6 M €9,8 M €8,9 M €10,1 M €7,1 M €
Operating result5,2 M €8,6 M €7,1 M €7,4 M €5 M €
Net result3,6 M €6,4 M €5 M €5,1 M €3,5 M €
Balance sheet
Equity38,6 M €34,3 M €27,9 M €22,8 M €17,8 M €
Total assets56,2 M €57,4 M €51 M €42,7 M €39,7 M €
Cash6,2 M €5,9 M €6 M €4,9 M €4,4 M €
Debts17,5 M €23,1 M €22,4 M €19 M €21,8 M €
Other
Workforce221,4 ETP213,9 ETP212,6 ETP214,9 ETP216,5 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 31/12/2025

4 active · 35 ended

Active mandates

Jérôme Delcourt

Director · since 12 avril 2023 · until 08 mai 2029

Active
Koen Aelterman

Director · since 08 mars 2023 · until 08 mai 2029

Active
Jos Donvil

Director · since 03 octobre 2022 · until 09 mai 2028

Active
Stephan Raymakers

Managing director · since 09 avril 2019 · until 14 mai 2025

Active

Ended mandates

Jérôme Delcourt

Director · since 12 avril 2023 · until 11 avril 2029

Ended
Jos Donvil

Director · since 03 octobre 2022 · until 12 avril 2028

Ended
Jean-Paul Serneels

Director · since 13 avril 2022 · until 12 avril 2023

Ended
Jean Muls

Director · since 31 décembre 2021 · until 03 octobre 2022

Ended

Other companies at this address

Boulevard Anspach 1 1000 Bruxelles
CompanyCBE no.
ACTISOC● Active
0814.787.726
ANCIEN DEWFIN● Liquidation
0424.890.682
0414.384.691
ARISTEA● Active
0460.156.518
AS 24 - BELGIUM● Active
0437.971.826
0768.603.650
BELLA VITA● Active
0890.019.738
0759.908.985
BEYAERT● Active
0837.807.014
0837.797.314
bpost● Active
0214.596.464
bpostgroup● Active
1011.508.674
0874.491.622
0409.077.803
0409.196.874
CERTIPOST● Active
0475.396.406
CITYZEN HOLDING● Active
0721.884.985
CITYZEN HOTEL● Active
0721.520.444
CITYZEN OFFICE● Active
0721.520.840
0721.520.642

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 date19/05/202601/07/202521/05/202426/06/202307/07/202228/06/2021
General meeting13/05/202614/05/202510/04/202412/04/202313/04/202214/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202513/05/202619/05/2026FrenchPDF
Full model31/12/202414/05/202501/07/2025FrenchPDF
Full model31/12/202310/04/202421/05/2024FrenchPDF
Full model31/12/202212/04/202326/06/2023FrenchPDF
Full model31/12/202113/04/202207/07/2022FrenchPDF
Full model31/12/202014/04/202128/06/2021FrenchPDF
Full model31/12/201908/04/202024/06/2020FrenchPDF
Full model31/12/201810/04/201917/04/2019FrenchPDF
Full model31/12/201711/04/201814/05/2018FrenchPDF
Full model31/12/201612/04/201729/08/2017FrenchPDF
Full model31/12/201513/04/201622/06/2016FrenchPDF
Full model31/12/201408/04/201508/07/2015FrenchPDF
Full model31/12/201309/04/201402/06/2014FrenchPDF
Full model31/12/201210/04/201314/05/2013FrenchPDF
Full model31/12/201111/04/201219/06/2012FrenchPDF
Full model31/12/201013/04/201127/05/2011FrenchPDF
Full model31/12/200914/04/201030/04/2010FrenchPDF
Full model31/12/200809/06/200930/06/2009FrenchPDF
Full model31/12/200709/04/200830/06/2008FrenchPDF
Full model31/12/200611/04/200702/07/2007FrenchPDF

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 31/12/2025

4 active · 35 ended

Active mandates

Jérôme Delcourt

Director · since 12 avril 2023 · until 08 mai 2029

Active
Koen Aelterman

Director · since 08 mars 2023 · until 08 mai 2029

Active
Jos Donvil

Director · since 03 octobre 2022 · until 09 mai 2028

Active
Stephan Raymakers

Managing director · since 09 avril 2019 · until 14 mai 2025

Active

Ended mandates

Jérôme Delcourt

Director · since 12 avril 2023 · until 11 avril 2029

Ended
Jos Donvil

Director · since 03 octobre 2022 · until 12 avril 2028

Ended
Jean-Paul Serneels

Director · since 13 avril 2022 · until 12 avril 2023

Ended
Jean Muls

Director · since 31 décembre 2021 · until 03 octobre 2022

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring20/10/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring20/10/2025
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring21/08/2025
    CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates04/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other23/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Other23/01/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - OBJET
    PDF
  • Mandates08/05/2024
    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. 13/05/2026
    nominationNicolas Baise — administrateur
  2. 2025
    Annual accounts 20253,6 M €↓
  3. 30/09/2025
    augmentation_capital
  4. 23/05/2025
    reconductionStephan Raymakers — administrateur
  5. 01/01/2025
    augmentation_capital
  6. 2024
    Annual accounts 20246,4 M €↑
  7. 18/04/2024
    nominationEY Réviseurs d'Entreprises SRL — commissaire
  8. 18/04/2024
    nominationHan Wevers — représentant permanent
  9. 2023
    Annual accounts 20235 M €↓
  10. 12/04/2023
    nominationJérôme Delcourt — administrateur
  11. 08/03/2023
    nominationKoen Aelterman — administrateur
  12. 2022
    Annual accounts 20225,1 M €↑
  13. 04/10/2022
    nominationJos Donvil — président du conseil d'administration
  14. 03/10/2022
    nominationJos Donvil — administrateur
  15. 13/04/2022
    reconductionJean-Paul Serneels — administrateur
  16. 2021
    Annual accounts 20213,5 M €↑
  17. 2020
    Annual accounts 20202,9 M €↓
  18. 2018
    Annual accounts 20184,4 M €↑
  19. 2013
    Annual accounts 20131,6 M €↓
  20. 2012
    Annual accounts 20121,6 M €↓
  21. 2011
    Annual accounts 20112,6 M €↑
  22. 2010
    Annual accounts 2010860,9 k €↑
  23. 2009
    Annual accounts 2009-246,6 k €↓
  24. 2008
    Annual accounts 20081,2 M €↓
  25. 2007
    Annual accounts 20071,5 M €
  26. 23/07/1985
    IncorporationPublic limited company