ACTIVE

ALSTOM Belgium

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Financial year 2026 · Closed on 31/03/2026

Net result11,6 M €-72,2 %over 1 year
Revenue814,7 M €+2,6 %over 1 year
Equity297,4 M €+0,0 %over 1 year
Workforce1 668,6 ETP-3,8 %over 1 year

Identity

Source · BCE/KBO

ALSTOM Belgium is a Public limited company incorporated in 1988. Its main activity is: Manufacture of electric motors, generators and transformers. Its registered office is in Charleroi. It employs on average 1 668,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0436.195.241
Incorporation
29/12/1988
Legal form
Public limited company
Registered office
Rue Cambier Dupret 50-52
6001 Charleroi · WallonieSee on map
Contributed capital
259 812 380,43 €
Latest accounts
31/03/2026
Average workforce
1 668,6 ETP
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 22 filings

Trend over 10 financial years

20262025202420232022
Income statement
Revenue814,7 M €794,2 M €738,1 M €312,9 M €311,9 M €
EBITDA243,2 k €36,2 M €-7 M €6,7 M €7,6 M €
Operating result1,5 M €41,4 M €3,9 M €10,5 M €6,4 M €
Net result11,6 M €41,7 M €17,2 M €10,5 M €8,2 M €
Balance sheet
Equity297,4 M €297,4 M €302,4 M €120,2 M €110,7 M €
Total assets755,8 M €721,6 M €954,9 M €374,9 M €356,9 M €
Cash173,8 M €244,8 M €500,4 M €74,6 M €84,5 M €
Debts420,5 M €406,3 M €638,9 M €241,4 M €228,7 M €
Other
Workforce1 668,6 ETP1 733,8 ETP1 697,9 ETP1 088,5 ETP1 054,4 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 31/03/2026

6 active · 22 ended

Active mandates

François REYGROBELLET

Director · since 16 mars 2026 · until 29 juin 2030

Active
Jean-Marc NIZET

Chairman of the board of directors · since 16 mars 2026 · until 29 juin 2030

Active
Jorn PROOT

Director · since 16 mars 2026 · until 29 juin 2030

Active
Mark LANDMANN

Director · since 28 juin 2024 · until 16 mars 2026

Active
Bernard BELVAUX

Managing director · since 29 juin 2023 · until 21 novembre 2025

Active
Raffaella ALBERI

Director · since 29 juin 2023 · until 16 mars 2026

Active

Ended mandates

Mark Landmann

Director · since 28 juin 2024 · until 29 juin 2027

Ended
Bernard Belvaux

Managing director · since 29 juin 2023 · until 31 mars 2026

Ended
Bernard Belvaux

Managing director · since 29 juin 2023 · until 29 juin 2026

Ended
Raffaella Alberi

Director · since 29 juin 2023 · until 31 mars 2026

Ended

Other companies at this address

Rue Cambier Dupret 50-52 6001 Charleroi
CompanyCBE no.
Société simple Alstom - Spie● Active
0770.915.715
Société Simple Kanaaldokken● Active
0804.651.721

Full financial information

Source · NBB
202620252024202320222021
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/07/202609/10/202504/07/202430/06/202327/06/202224/06/2021
General meeting29/06/202627/06/202528/06/202429/06/202309/06/202203/06/2021
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, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202629/06/202603/07/2026FrenchPDF
Full modelCorrection31/03/202527/06/202509/10/2025FrenchPDF
Full model31/03/202527/06/202530/07/2025FrenchPDF
Full model31/03/202428/06/202404/07/2024FrenchPDF
Full model31/03/202329/06/202330/06/2023FrenchPDF
Full model31/03/202209/06/202227/06/2022FrenchPDF
Full model31/03/202103/06/202124/06/2021FrenchPDF
Full model31/03/202004/06/202008/06/2020FrenchPDF
Full model31/03/201903/12/201904/12/2019FrenchPDF
Full model31/03/201807/06/201820/06/2018FrenchPDF
Full model31/03/201701/06/201723/06/2017FrenchPDF
Full model31/03/201602/06/201618/07/2016FrenchPDF
Full model31/03/201504/06/201517/07/2015FrenchPDF
Full model31/03/201403/07/201406/10/2014FrenchPDF
Full model31/03/201308/07/201328/10/2013FrenchPDF
Full modelCorrection31/03/201202/07/201228/10/2013FrenchPDF
Full model31/03/201202/07/201221/09/2012FrenchPDF
Full model31/03/201104/07/201131/08/2011FrenchPDF
Full model31/03/201008/07/201006/08/2010FrenchPDF
Full model31/03/200902/07/200928/07/2009FrenchPDF
Full model31/03/200815/07/200808/08/2008FrenchPDF
Full model31/03/200706/07/200706/08/2007FrenchPDF

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 31/03/2026

6 active · 22 ended

Active mandates

François REYGROBELLET

Director · since 16 mars 2026 · until 29 juin 2030

Active
Jean-Marc NIZET

Chairman of the board of directors · since 16 mars 2026 · until 29 juin 2030

Active
Jorn PROOT

Director · since 16 mars 2026 · until 29 juin 2030

Active
Mark LANDMANN

Director · since 28 juin 2024 · until 16 mars 2026

Active
Bernard BELVAUX

Managing director · since 29 juin 2023 · until 21 novembre 2025

Active
Raffaella ALBERI

Director · since 29 juin 2023 · until 16 mars 2026

Active

Ended mandates

Mark Landmann

Director · since 28 juin 2024 · until 29 juin 2027

Ended
Bernard Belvaux

Managing director · since 29 juin 2023 · until 31 mars 2026

Ended
Bernard Belvaux

Managing director · since 29 juin 2023 · until 29 juin 2026

Ended
Raffaella Alberi

Director · since 29 juin 2023 · until 31 mars 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/09/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring24/04/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring21/02/2023
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates09/07/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/07/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/02/2020
    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. 2026
    Annual accounts 202611,6 M €↓
  2. 16/03/2026
    nominationJean-Marc Nizet — administrateur
  3. 16/03/2026
    nominationFrançois Reygrobellet — administrateur
  4. 16/03/2026
    nominationJorn Proot — administrateur
  5. 2025
    Annual accounts 202541,7 M €↑
  6. 2024
    Annual accounts 202417,2 M €↑
  7. 29/06/2023
    reconductionBernard BELVAUX — Administrateur
  8. 29/06/2023
    reconductionRaffaella Alberi — Administrateur
  9. 29/06/2023
    reconductionMartine Vermeersch — commissaire
  10. 01/04/2023
    augmentation_capitalAlstom Holdings SA
  11. 2023
    Annual accounts 202310,5 M €↑
  12. 15/07/2022
    reduction_capital
  13. 2022
    Annual accounts 20228,2 M €↓
  14. 2021
    Annual accounts 202128,9 M €↑
  15. 2020
    Annual accounts 202022,2 M €↑
  16. 2019
    Annual accounts 2019958,9 k €↓
  17. 2018
    Annual accounts 201820,6 M €↓
  18. 2017
    Annual accounts 201721,4 M €
  19. 29/12/1988
    IncorporationPublic limited company