ACTIVE

KONE BELGIUM

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Financial year 2024 · Closed on 31/12/2024

Net result13,1 M €+5,6 %over 1 year
Revenue174,2 M €+1,7 %over 1 year
Equity16,4 M €+3,9 %over 1 year
Workforce690,3 ETP-1,6 %over 1 year

Identity

Source · BCE/KBO

KONE BELGIUM is a Public limited company incorporated in 1988. Its registered office is in Bruxelles. It employs on average 690,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0436.407.453
Incorporation
23/12/1988
Legal form
Public limited company
Registered office
Boulevard du Roi Albert II 4 box 8
1000 Bruxelles · BruxellesSee on map
Contributed capital
1 715 992,87 €
Latest accounts
31/12/2024
Average workforce
690,3 ETP
Joint committees (2)
  • 111
  • 209
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 22 filings

Trend over 19 financial years

20242023202220212020
Income statement
Revenue174,2 M €171,4 M €152,8 M €157,1 M €154,2 M €
EBITDA20,2 M €17,5 M €14,6 M €12,1 M €10,8 M €
Operating result17,6 M €16,1 M €13,4 M €11,4 M €9,2 M €
Net result13,1 M €12,4 M €6,7 M €9,4 M €14,5 M €
Balance sheet
Equity16,4 M €15,8 M €10 M €11,3 M €594 M €
Total assets114,4 M €108,2 M €98,5 M €91,8 M €670,7 M €
Cash1,2 M €1,5 M €2,1 M €2,8 M €5,1 M €
Debts59 M €52,9 M €52,8 M €47,7 M €43,1 M €
Other
Workforce690,3 ETP701,6 ETP720,1 ETP729,6 ETP725,0 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 31/12/2024

3 active · 32 ended

Active mandates

David Vander Elst

Director · since 10 juillet 2023 · until 27 avril 2029

Active
Jérôme Audais

Director · since 10 juillet 2023 · until 27 avril 2029

Active
CHRISTINE DREWITT LE BORGNE

Director · since 19 décembre 2019 · until 28 avril 2025

Active

Ended mandates

Karla Lindahl

Director · since 01 avril 2022 · until 10 juillet 2023

Ended
KARLA LINDAHL

Director · since 01 avril 2022 · until 28 avril 2028

Ended
Ilse Vanderlocht

Director · since 01 janvier 2021 · until 10 juillet 2023

Ended
Ilse Vanderlocht

Managing director · since 01 janvier 2021 · until 28 avril 2026

Ended

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Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/09/202507/08/202428/11/202319/09/202221/06/202126/06/2020
General meeting14/05/202515/05/202427/04/202327/04/202228/04/202129/05/2020
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 model31/12/202414/05/202526/09/2025FrenchPDF
Full model31/12/202315/05/202407/08/2024FrenchPDF
Full model31/12/202227/04/202328/11/2023FrenchPDF
Full model31/12/202127/04/202219/09/2022FrenchPDF
Full model31/12/202028/04/202121/06/2021FrenchPDF
Full model31/12/201929/05/202026/06/2020FrenchPDF
Full model31/12/201810/05/201912/12/2019FrenchPDF
Full model31/12/201725/04/201830/07/2018FrenchPDF
Full model31/12/201626/04/201728/06/2017FrenchPDF
Full modelCorrection31/12/201527/04/201620/12/2016FrenchPDF
Full model31/12/201527/04/201608/07/2016FrenchPDF
Full model31/12/201422/04/201507/07/2015FrenchPDF
Full modelCorrection31/12/201323/04/201420/11/2014FrenchPDF
Full model31/12/201323/04/201410/07/2014FrenchPDF
Full model31/12/201224/04/201319/06/2013FrenchPDF
Full model31/12/201125/04/201230/05/2012FrenchPDF
Full model31/12/201027/04/201122/06/2011FrenchPDF
Full model31/12/200928/04/201025/06/2010FrenchPDF
Full model31/12/200822/04/200926/05/2009FrenchPDF
Full model31/12/200723/04/200810/06/2008DutchPDF
Full model31/12/200723/04/200810/06/2008FrenchPDF
Full model31/12/200625/04/200720/06/2007FrenchPDF

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 31/12/2024

3 active · 32 ended

Active mandates

David Vander Elst

Director · since 10 juillet 2023 · until 27 avril 2029

Active
Jérôme Audais

Director · since 10 juillet 2023 · until 27 avril 2029

Active
CHRISTINE DREWITT LE BORGNE

Director · since 19 décembre 2019 · until 28 avril 2025

Active

Ended mandates

Karla Lindahl

Director · since 01 avril 2022 · until 10 juillet 2023

Ended
KARLA LINDAHL

Director · since 01 avril 2022 · until 28 avril 2028

Ended
Ilse Vanderlocht

Director · since 01 janvier 2021 · until 10 juillet 2023

Ended
Ilse Vanderlocht

Managing director · since 01 janvier 2021 · until 28 avril 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other13/04/2026
    DIVERS
    PDF
  • Registered office13/04/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates12/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 04/02/2026
    nominationPierre-Gaël Chantereau — bestuurder
  2. 04/02/2026
    nominationPierre-Gaël Chantereau — administrateur
  3. 01/01/2026
    nominationMare Rossaert — administrateur et d'administrateur délégué
  4. 01/01/2026
    nominationMare Rossaert — bestuurder en gedelegeerd bestuurder
  5. 23/07/2025
    reconductionChristine Drewitt Le Borgne
  6. 23/07/2025
    reconductionChristine Drewitt Le Borgne
  7. 30/06/2025
    split
  8. 30/06/2025
    reduction_capital
  9. 30/06/2025
    apport
  10. 14/05/2025
    reconductionCarlo-Sébastien D'Addario — commissaire
  11. 14/05/2025
    reconductionCarlo-Sébastien D'Addario — commissaris
  12. 2024
    Annual accounts 202413,1 M €↑
  13. 27/12/2024
    constitutionKONE OYJ — founder
  14. 08/04/2024
    autre
  15. 2023
    Annual accounts 202312,4 M €↑
  16. 10/07/2023
    nominationJérôme Audais — bestuurder
  17. 10/07/2023
    nominationDavid Vander Elst — bestuurder en gedelegeerd bestuurder
  18. 10/07/2023
    nominationJérôme Audais — administrateur
  19. 10/07/2023
    nominationDavid Vander Elst — administrateur et administrateur délégué
  20. 2022
    Annual accounts 20226,7 M €↓
  21. 01/04/2022
    nominationKarla Lindahl — bestuurder
  22. 01/04/2022
    nominationKarla Lindahl — administrateur
  23. 2021
    Annual accounts 20219,4 M €↓
  24. 2020
    Annual accounts 202014,5 M €↓
  25. 2019
    Annual accounts 201914,8 M €↓
  26. 2018
    Annual accounts 201814,8 M €↑
  27. 2017
    Annual accounts 201714 M €↓
  28. 2016
    Annual accounts 201615,9 M €↓
  29. 2015
    Annual accounts 201517,4 M €↑
  30. 2014
    Annual accounts 201416,9 M €↓
  31. 2013
    Annual accounts 201324,4 M €↓
  32. 2012
    Annual accounts 201228,3 M €↑
  33. 2011
    Annual accounts 201124,1 M €↓
  34. 2010
    Annual accounts 201030,1 M €↓
  35. 2009
    Annual accounts 200937,1 M €↓
  36. 2008
    Annual accounts 200838 M €↑
  37. 2007
    Annual accounts 200725,2 M €↓
  38. 2006
    Annual accounts 200628,3 M €
  39. 23/12/1988
    IncorporationPublic limited company