ACTIVE

FUSIREF REFRACTORIES

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Financial year 2025 · Closed on 31/12/2025

Net result643,5 k €+53,5 %over 1 year

Revenue32,3 M €-0,6 %over 1 year

Equity6,5 M €+2,5 %over 1 year

Workforce196,0 ETP-6,2 %over 1 year

Identity

Source · BCE/KBO

FUSIREF REFRACTORIES is a Public limited company incorporated in 1987. Its main activity is: Manufacture of ceramic insulators and insulating fittings. Its registered office is in Bernissart. It employs on average 196,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0432.636.628
Incorporation: 23/11/1987
Legal form: Public limited company
Registered office: Rue de l'Industrie(HAR) 1a
7321 Bernissart · WallonieSee on map
Contributed capital: 3 000 000,00 €
Latest accounts: 31/12/2025
Average workforce: 196,0 ETP

Activities (NACE)

23430Manufacture of ceramic insulators and insulating fittings· main 23430Manufacture of ceramic insulators and insulating fittings 26230Manufacture of computers and peripheral equipment 43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.45250Maintenance and repair of motor vehicles+3

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	32,3 M €	-0.6%	32,4 M €	-8.3%	35,4 M €	+6.0%	33,4 M €	+17.2%	28,5 M €
EBITDA	2,7 M €	+30.1%	2,1 M €	-23.0%	2,7 M €	-12.0%	3,1 M €	+42.1%	2,2 M €
Operating result	1,3 M €	+40.8%	899,6 k €	-54.2%	2 M €	+12.9%	1,7 M €	+166%	654,8 k €
Net result	643,5 k €	+53.5%	419,2 k €	-66.5%	1,3 M €	+31.4%	952,7 k €	+134%	406,9 k €
Balance sheet
Equity	6,5 M €	+2.5%	6,3 M €	+1.7%	6,2 M €	+11.2%	5,6 M €	+9.3%	5,1 M €
Total assets	16,4 M €	-7.5%	17,8 M €	-18.2%	21,7 M €	+23.3%	17,6 M €	+13.2%	15,6 M €
Cash	453,4 k €	-33.9%	685,7 k €	+23.5%	555 k €	-28.1%	772,5 k €	+85.2%	417,1 k €
Debts	9,4 M €	-13.6%	10,9 M €	-26.3%	14,8 M €	+30.1%	11,4 M €	+15.3%	9,9 M €
Other
Workforce	196,0 ETP	-6.2%	209,0 ETP	+0.1%	208,7 ETP	-2.8%	214,8 ETP	-1.9%	218,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Domenico LEONE	Managing director08/05/2002 → 14/05/2031
MYLEO0748.581.662Represented by Romain LEONE	Director14/05/2025 → 14/05/2031
Vincent MARIQUE	Director13/05/2015 → 14/05/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Société de Gestion Industrielle0420.881.515Represented by Philippe BRILOT	Director14/05/2014 → 2024 accounts
Dominique JUNG	Director14/05/2014 → 2015 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	11/07/2026	05/07/2025	15/06/2024	05/06/2023	30/05/2022	10/06/2021
General meeting	13/05/2026	14/05/2025	08/05/2024	10/05/2023	11/05/2022	12/05/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	13/05/2026	11/07/2026	French	PDF
Full model	31/12/2024	14/05/2025	05/07/2025	French	PDF
Full model	31/12/2023	08/05/2024	15/06/2024	French	PDF
Full model	31/12/2022	10/05/2023	05/06/2023	French	PDF
Full model	31/12/2021	11/05/2022	30/05/2022	French	PDF
Full model	31/12/2020	12/05/2021	10/06/2021	French	PDF
Full model	31/12/2019	13/05/2020	07/07/2020	French	PDF
Full model	31/12/2018	08/05/2019	18/06/2019	French	PDF
Full model	31/12/2017	09/05/2018	06/06/2018	French	PDF
Full model	31/12/2016	10/05/2017	28/07/2017	French	PDF
Full model	31/12/2015	11/05/2016	17/05/2016	French	PDF
Full model	31/12/2014	13/05/2015	23/07/2015	French	PDF
Full model	31/12/2013	14/05/2014	02/07/2014	French	PDF
Full model	31/12/2012	08/05/2013	08/07/2013	French	PDF
Full model	31/12/2011	09/05/2012	21/07/2012	French	PDF
Full model	31/12/2010	11/05/2011	11/07/2011	French	PDF
Full model	31/12/2009	11/05/2010	25/07/2010	French	PDF
Full model	31/12/2008	13/05/2009	25/07/2009	French	PDF
Full model	31/12/2007	14/05/2008	23/06/2008	French	PDF
Full model	31/12/2006	09/05/2007	28/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Domenico LEONE	Managing director08/05/2002 → 14/05/2031
MYLEO0748.581.662Represented by Romain LEONE	Director14/05/2025 → 14/05/2031
Vincent MARIQUE	Director13/05/2015 → 14/05/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Société de Gestion Industrielle0420.881.515Represented by Philippe BRILOT	Director14/05/2014 → 2024 accounts
Dominique JUNG	Director14/05/2014 → 2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other02/07/2026
—
PDF
Mandates17/06/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates10/06/2022
DEMISSIONS, NOMINATIONS
PDF
Other30/07/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - OBJET
PDF
Mandates18/06/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates08/07/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates06/07/2016
DEMISSIONS, NOMINATIONS
PDF
Capital / shares07/06/2016
CAPITAL, ACTIONS
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

Filings20 filings

Mandates

MYLEO

Domenico LEONE

Vincent MARIQUE

Société de Gestion Industrielle

Dominique JUNG

DOMINIQUE LEONE

198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

FUSIREF REFRACTORIESFUSIREF

Rue de l'Industrie(HAR) 1a, 7321 Blaton

Director

Managing director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de l'Industrie(HAR) 1a, 7321 BlatonCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00296974

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
FUSIREF REFRACTORIESCurrent	accounts 2008 → 2025	Accounts 2025 · 2026-00296974
FUSIREF	accounts 2006 → 2007	Accounts 2007 · 2008-27800250

Events

2025
Annual accounts 2025643,5 k €↑
2024
Annual accounts 2024419,2 k €↓
2023
Annual accounts 20231,3 M €↑
2022
Annual accounts 2022952,7 k €↑
2021
Annual accounts 2021406,9 k €↓
2020
Annual accounts 2020900,1 k €↑
2019
Annual accounts 2019-747,3 k €↓
2018
Annual accounts 20181,7 M €↑
2017
Annual accounts 2017842,9 k €↑
2016
Annual accounts 2016815,3 k €↓
2015
Annual accounts 2015878,9 k €↑
2014
Annual accounts 2014376 k €↑
2013
Annual accounts 2013195,3 k €↑
2012
Annual accounts 201284,1 k €↓
2011
Annual accounts 2011131,3 k €↓
2010
Annual accounts 2010456,1 k €↑
2009
Annual accounts 2009-420,4 k €↓
2008
Annual accounts 2008200 k €↓
2008
Name changeFUSIREF REFRACTORIES
2007
Annual accounts 2007416,4 k €↑
2006
Annual accounts 2006406,7 k €
23/11/1987
IncorporationPublic limited company

FUSIREF REFRACTORIES

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