ACTIVE

THALES ALENIA SPACE BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result-31,9 M €-9,5 %over 1 year
Revenue60 M €-11,8 %over 1 year
Equity72,6 M €+1 212,5 %over 1 year
Workforce485,2 ETP-19,7 %over 1 year

Identity

Source · BCE/KBO

THALES ALENIA SPACE BELGIUM is a Public limited company incorporated in 1989. Its main activity is: Manufacture of electronic components. Its registered office is in Charleroi. It employs on average 485,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0437.598.573
Incorporation
14/06/1989
Legal form
Public limited company
Registered office
Rue Chapelle Beaussart 101
6032 Charleroi · WallonieSee on map
Contributed capital
24 000 000,00 €
Latest accounts
31/12/2025
Average workforce
485,2 ETP
Joint committees (2)
  • 111
  • 209
Contacts
1 public detail availableLog in to view
Signals
Solid equityGood liquidityPositive cashflowHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue60 M €68,1 M €69,9 M €60,8 M €72 M €
EBITDA-6,8 M €11,9 M €9,3 M €12,7 M €15,3 M €
Operating result-42,6 M €-38,7 M €-26,5 M €-22,7 M €-24,3 M €
Net result-31,9 M €-29,1 M €-13,7 M €-10,9 M €-15,1 M €
Balance sheet
Equity72,6 M €5,5 M €38,8 M €51,8 M €20 M €
Total assets211,7 M €240,7 M €246,8 M €221,6 M €160,1 M €
Cash3,3 M €1,5 M €3,8 M €7,1 M €4,8 M €
Debts124,5 M €214,1 M €195,1 M €157,9 M €130,9 M €
Other
Workforce485,2 ETP604,1 ETP605,9 ETP613,4 ETP589,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 52 ended

Active mandates

Roberto MINELLA

Director · since 01 avril 2024 · until 16 juin 2027

Active
Pierre DESMAELE

Managing director · since 22 janvier 2024 · until 16 juin 2027

Active
Eric MANZON

Director · since 01 avril 2023 · until 29 juin 2026

Active
Alain QUEVRIN

Director · since 09 juin 2021 · until 16 juin 2027

Active

Ended mandates

Emmanuel TERRASSE

Managing director · since 01 avril 2023 · until 21 janvier 2024

Ended
Emmanuel TERRASSE

Managing director · since 01 avril 2023 · until 17 juin 2026

Ended
Eric MANZON

Director · since 01 avril 2023 · until 17 juin 2026

Ended
Ina MALLER

Managing director · since 08 juin 2022 · until 31 mars 2023

Ended

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 date13/07/202630/06/202526/06/202430/06/202321/04/202323/06/2021
General meeting29/06/202627/06/202519/06/202429/06/202308/06/202209/06/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/06/202613/07/2026FrenchPDF
Full model31/12/202427/06/202530/06/2025FrenchPDF
Full model31/12/202319/06/202426/06/2024FrenchPDF
Full model31/12/202229/06/202330/06/2023FrenchPDF
Full modelCorrection31/12/202108/06/202221/04/2023FrenchPDF
Full model31/12/202108/06/202230/06/2022FrenchPDF
Full model31/12/202009/06/202123/06/2021FrenchPDF
Full model31/12/201920/05/202029/06/2020FrenchPDF
Full model31/12/201805/06/201902/07/2019FrenchPDF
Full model31/12/201716/05/201815/06/2018FrenchPDF
Full model31/12/201617/05/201712/06/2017FrenchPDF
Full model31/12/201503/06/201613/06/2016FrenchPDF
Full model31/12/201420/05/201530/06/2015FrenchPDF
Full model31/12/201321/05/201411/06/2014FrenchPDF
Full model31/12/201215/05/201311/06/2013FrenchPDF
Full model31/12/201116/05/201208/06/2012FrenchPDF
Full model31/12/201018/05/201110/06/2011FrenchPDF
Full model31/12/200919/05/201007/06/2010FrenchPDF
Full model31/12/200820/05/200918/06/2009FrenchPDF
Full model31/12/200721/05/200812/06/2008FrenchPDF
Full model31/12/200616/05/200713/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 52 ended

Active mandates

Roberto MINELLA

Director · since 01 avril 2024 · until 16 juin 2027

Active
Pierre DESMAELE

Managing director · since 22 janvier 2024 · until 16 juin 2027

Active
Eric MANZON

Director · since 01 avril 2023 · until 29 juin 2026

Active
Alain QUEVRIN

Director · since 09 juin 2021 · until 16 juin 2027

Active

Ended mandates

Emmanuel TERRASSE

Managing director · since 01 avril 2023 · until 21 janvier 2024

Ended
Emmanuel TERRASSE

Managing director · since 01 avril 2023 · until 17 juin 2026

Ended
Eric MANZON

Director · since 01 avril 2023 · until 17 juin 2026

Ended
Ina MALLER

Managing director · since 08 juin 2022 · until 31 mars 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other25/02/2025
    DIVERS
    PDF
  • Mandates27/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/04/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/02/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/02/2024
    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. 2025
    Annual accounts 2025-31,9 M €↓
  2. 2024
    Annual accounts 2024-29,1 M €↓
  3. 23/05/2024
    reconductionAlain QUEVRIN — administrateur
  4. 01/04/2024
    nominationRoberto MINELLA — Administrateur et Président du Conseil d'Administration
  5. 22/01/2024
    nominationPierre DESMAELE — Administrateur Délégué
  6. 2023
    Annual accounts 2023-13,7 M €↓
  7. 28/06/2023
    reconductionMarie-Laure Moreau — Commissaire
  8. 01/04/2023
    nominationEmmanuel TERRASSE — Administrateur Délégué
  9. 01/04/2023
    nominationEric MANZON — Administrateur
  10. 2022
    Annual accounts 2022-10,9 M €↑
  11. 29/04/2022
    reconductionEmmanuel TERRASSE — administrateur
  12. 29/04/2022
    reconductionIna MOROZ — administrateur
  13. 2021
    Annual accounts 2021-15,1 M €↑
  14. 2020
    Annual accounts 2020-32,4 M €↓
  15. 2019
    Annual accounts 2019-12 M €↓
  16. 2018
    Annual accounts 20188,1 M €↑
  17. 2017
    Annual accounts 2017-139,2 k €↑
  18. 2016
    Annual accounts 2016-5,1 M €↓
  19. 2015
    Annual accounts 20153,5 M €↓
  20. 2014
    Annual accounts 20144,9 M €↓
  21. 2013
    Annual accounts 20136,4 M €↑
  22. 2012
    Annual accounts 2012-15 M €↓
  23. 2012
    Name changeTHALES ALENIA SPACE BELGIUM
  24. 2011
    Annual accounts 20112,8 M €↑
  25. 2010
    Annual accounts 20101,4 M €↓
  26. 2009
    Annual accounts 20093,8 M €↑
  27. 2008
    Annual accounts 20083,4 M €↓
  28. 2007
    Annual accounts 20075,4 M €
  29. 2007
    Name changeTHALES ALENIA SPACE ETCA
  30. 14/06/1989
    IncorporationPublic limited company