ACTIVE

ANDREAS STIHL

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Financial year 2025 · Closed on 31/12/2025

Net result10,4 M €+18,4 %over 1 year

Revenue183,7 M €+3,9 %over 1 year

Equity10,7 M €+4,2 %over 1 year

Workforce77,5 ETP+0,8 %over 1 year

Identity

Source · BCE/KBO

ANDREAS STIHL is a Public limited company incorporated in 1985. Its main activity is: Wholesale of agricultural machinery, equipment and supplies. Its registered office is in Puurs-Sint-Amands. It employs on average 77,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0427.714.768
Incorporation: 01/10/1985
Legal form: Public limited company
Registered office: Veurtstraat 117
2870 Puurs-Sint-Amands · FlandreSee on map
Contributed capital: 2 232 000,00 €
Latest accounts: 31/12/2025
Average workforce: 77,5 ETP

Activities (NACE)

46610Wholesale of agricultural machinery, equipment and supplies· main 46610Wholesale of agricultural machinery, equipment and supplies 46620Wholesale of machine tools 46620Wholesale of machine tools 51810Air transport 51880Air transport

Joint committees (2)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	183,7 M €	+3.9%	176,8 M €	+6.4%	166,1 M €	+2.4%	162,2 M €	+7.6%	150,8 M €
EBITDA	14,9 M €	+15.4%	12,9 M €	+12.6%	11,4 M €	+16.7%	9,8 M €	-16.8%	11,8 M €
Operating result	14,3 M €	+15.6%	12,4 M €	+25.9%	9,8 M €	+15.1%	8,5 M €	-18.7%	10,5 M €
Net result	10,4 M €	+18.4%	8,8 M €	+11.6%	7,9 M €	+17.9%	6,7 M €	-12.9%	7,7 M €
Balance sheet
Equity	10,7 M €	+4.2%	10,3 M €	-10.4%	11,5 M €	+8.4%	10,6 M €	-11.0%	11,9 M €
Total assets	43,8 M €	-7.1%	47,2 M €	-6.9%	50,7 M €	+6.0%	47,8 M €	+15.8%	41,3 M €
Cash	–		–		–		1,2 M €	-73.9%	4,5 M €
Debts	30,3 M €	-10.7%	33,9 M €	-6.9%	36,4 M €	+5.1%	34,7 M €	+27.9%	27,1 M €
Other
Workforce	77,5 ETP	+0.8%	76,9 ETP	+3.1%	74,6 ETP	-0.7%	75,1 ETP	+0.4%	74,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 9 ended

Active mandates

Director	Mandates in this company	Period
Dominik Kinzelmann	Director01/04/2025 → 31/05/2030
Malte Turk	Director01/02/2025 → 31/05/2030
Joeri Welslau	Managing director29/05/2009 → 28/05/2027Mandate29/05/2009 → 2011 accountsendedDirector01/01/2008 → 2008 accountsended

Ended mandates

Director	Mandates in this company	Period
Martin Walter	Director01/10/2023 → 2023 accounts
Hillary Roche	Director17/11/2022 → 2023 accounts
Michael Bender	Director01/09/2021 → 2021 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/06/2026	20/06/2025	19/06/2024	22/06/2023	28/06/2022	14/06/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	12/06/2023	27/05/2022	28/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	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, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/05/2026	15/06/2026	Dutch	PDF
Full model	31/12/2024	30/05/2025	20/06/2025	Dutch	PDF
Full model	31/12/2023	31/05/2024	19/06/2024	Dutch	PDF
Full model	31/12/2022	12/06/2023	22/06/2023	Dutch	PDF
Full model	31/12/2021	27/05/2022	28/06/2022	Dutch	PDF
Full model	31/12/2020	28/05/2021	14/06/2021	Dutch	PDF
Full model	31/12/2019	13/08/2020	19/08/2020	Dutch	PDF
Full model	31/12/2018	09/08/2019	21/08/2019	Dutch	PDF
Full model	31/12/2017	25/05/2018	03/08/2018	Dutch	PDF
Full model	31/12/2016	26/05/2017	03/07/2017	Dutch	PDF
Full model	31/12/2015	27/05/2016	07/06/2016	Dutch	PDF
Full model	31/12/2014	29/05/2015	13/07/2015	Dutch	PDF
Full model	31/12/2013	30/05/2014	16/07/2014	Dutch	PDF
Full model	31/12/2012	31/05/2013	24/06/2013	Dutch	PDF
Full model	31/12/2011	25/05/2012	31/05/2012	Dutch	PDF
Full modelCorrection	31/12/2010	24/06/2011	23/08/2011	Dutch	PDF
Full model	31/12/2010	24/06/2011	12/08/2011	Dutch	PDF
Full model	31/12/2009	28/05/2010	29/07/2010	Dutch	PDF
Full model	31/12/2008	29/05/2009	07/07/2009	Dutch	PDF
Full model	31/12/2007	30/05/2008	07/07/2008	Dutch	PDF
Full model	31/12/2006	25/05/2007	11/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 9 ended

Active mandates

Director	Mandates in this company	Period
Dominik Kinzelmann	Director01/04/2025 → 31/05/2030
Malte Turk	Director01/02/2025 → 31/05/2030
Joeri Welslau	Managing director29/05/2009 → 28/05/2027Mandate29/05/2009 → 2011 accountsendedDirector01/01/2008 → 2008 accountsended

Ended mandates

Director	Mandates in this company	Period
Martin Walter	Director01/10/2023 → 2023 accounts
Hillary Roche	Director17/11/2022 → 2023 accounts
Michael Bender	Director01/09/2021 → 2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates08/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/06/2022
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Other07/04/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates05/11/2018
ONTSLAGEN - BENOEMINGEN
PDF

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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

Dominik Kinzelmann

Malte Turk

Joeri Welslau

Martin Walter

Hillary Roche

Michael Bender

Norbert Johannes Pick

Karl - Dieter Angler

Klaus DETLEFSEN

Reinhold Steinhauser

Jürgen Reinhold STEINHAUSER

Peter Dürolf

1985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

ANDREAS STIHL

Veurtstraat 117, 2870 Puurs-Sint-Amands

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Veurtstraat 117, 2870 Puurs-Sint-AmandsCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00166457

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ANDREAS STIHLCurrent	accounts 2008 → 2025	Accounts 2025 · 2026-00166457

Events

2025
Annual accounts 202510,4 M €↑
2024
Annual accounts 20248,8 M €↑
2023
Annual accounts 20237,9 M €↑
2022
Annual accounts 20226,7 M €↓
2021
Annual accounts 20217,7 M €↑
2020
Annual accounts 20205,3 M €↑
2019
Annual accounts 20193,9 M €↓
2018
Annual accounts 20185 M €↑
2017
Annual accounts 20174,8 M €↓
2016
Annual accounts 20165,3 M €↑
2015
Annual accounts 20154,5 M €↓
2014
Annual accounts 20145 M €↑
2013
Annual accounts 20134,4 M €↑
2012
Annual accounts 20123,4 M €↓
2011
Annual accounts 20114,1 M €↓
2010
Annual accounts 20104,1 M €↓
2009
Annual accounts 20094,8 M €↓
2008
Annual accounts 20085,2 M €
01/10/1985
IncorporationPublic limited company

ANDREAS STIHL

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Registered offices

Company names

Events