ACTIVE

European Filter Corporation

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Financial year 2025 · Closed on 30/11/2025

Net result1,9 M €+52,4 %over 1 year
Gross margin3,5 M €+27,2 %over 1 year
Equity2,8 M €-3,4 %over 1 year
Workforce11,2 ETP+4,7 %over 1 year

Identity

Source · BCE/KBO

European Filter Corporation is a Public limited company incorporated in 1989. Its registered office is in Lummen. It employs on average 11,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0438.083.177
Incorporation
17/08/1989
Legal form
Public limited company
Registered office
Dellestraat 30
3560 Lummen · FlandreSee on map
Contributed capital
362 451,00 €
Latest accounts
30/11/2025
Average workforce
11,2 ETP
Joint committees (4)
  • 149
  • 14904
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin3,5 M €2,8 M €2 M €1,8 M €1,3 M €
EBITDA2,7 M €1,9 M €1,2 M €1,2 M €764,8 k €
Operating result2,5 M €1,7 M €1,2 M €1 M €681,1 k €
Net result1,9 M €1,2 M €799,1 k €725,4 k €509,1 k €
Balance sheet
Equity2,8 M €2,9 M €2,7 M €1,9 M €1,3 M €
Total assets5,7 M €6 M €4 M €5 M €3,6 M €
Cash1,8 M €1,5 M €75,2 k €219,2 k €70,4 k €
Debts2,8 M €3 M €1,2 M €3,1 M €1,2 M €
Other
Workforce11,2 ETP10,7 ETP11,1 ETP8,6 ETP7,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/11/2025

5 active · 33 ended

Active mandates

Henrard Solutions Management

Director · since 03 janvier 2024 · until 31 décembre 2028 · 0654.724.363

Represented by Alain Henrard

Active
James Mills

Director · since 03 janvier 2024 · until 31 décembre 2028

Active
Jelle Lanting

Director · since 03 janvier 2024 · until 31 décembre 2028

Active
KG SERVICES

Director · since 03 janvier 2024 · until 31 décembre 2028 · 0654.806.022

Represented by Koen Geernaert

Active
Tom Liddell

Director · since 03 janvier 2024 · until 31 décembre 2028

Active

Ended mandates

Francoise De Witte

Andere functie · since 15 avril 2022

Ended
Henrard Solutions Management

Director · since 20 mai 2017 · 0654.724.363

Represented by Alain Henrard

Ended
Henrard Solutions Management

Director · since 20 mai 2017 · 0654.724.363

Represented by Alain Henrard

Ended
Henrard Solutions Management

Director · since 20 mai 2017 · 0654.724.363

Represented by Alain Henrard

Ended

Other companies at this address

Dellestraat 30 3560 Lummen
CompanyCBE no.
DAKTRO● Active
1016.371.344
Zolderse Dakprojecten● Active
0433.349.775

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/12/202401/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year30/11/202530/11/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months11 months12 months12 months12 months12 months
Filing date02/07/202617/06/202531/08/202412/07/202321/06/202216/07/2021
General meeting29/05/202630/05/202531/05/202431/05/202327/05/202228/05/2021
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
Abridged model30/11/202529/05/202602/07/2026DutchPDF
Abridged model30/11/202430/05/202517/06/2025DutchPDF
Abridged model31/12/202331/05/202431/08/2024DutchPDF
Abridged model31/12/202231/05/202312/07/2023DutchPDF
Abridged model31/12/202127/05/202221/06/2022DutchPDF
Abridged model31/12/202028/05/202116/07/2021DutchPDF
Abridged modelCorrection31/12/201929/05/202028/09/2022DutchPDF
Abridged model31/12/201929/05/202024/08/2020DutchPDF
Abridged model31/12/201831/05/201903/06/2019DutchPDF
Abridged model31/12/201725/05/201827/07/2018DutchPDF
Abridged model31/12/201626/05/201719/08/2017DutchPDF
Abridged model31/12/201527/05/201615/06/2016DutchPDF
Abridged model31/12/201429/05/201501/07/2015DutchPDF
Abridged model31/12/201330/05/201427/08/2014DutchPDF
Abridged model31/12/201231/05/201318/06/2013DutchPDF
Abridged model31/12/201125/05/201230/08/2012DutchPDF
Abridged model31/12/201027/05/201129/07/2011DutchPDF
Abridged model31/12/200928/05/201027/08/2010DutchPDF
Abridged model31/12/200829/05/200931/08/2009DutchPDF
Abridged model31/12/200730/05/200829/07/2008DutchPDF
Abridged model31/12/200625/05/200730/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 30/11/2025

5 active · 33 ended

Active mandates

Henrard Solutions Management

Director · since 03 janvier 2024 · until 31 décembre 2028 · 0654.724.363

Represented by Alain Henrard

Active
James Mills

Director · since 03 janvier 2024 · until 31 décembre 2028

Active
Jelle Lanting

Director · since 03 janvier 2024 · until 31 décembre 2028

Active
KG SERVICES

Director · since 03 janvier 2024 · until 31 décembre 2028 · 0654.806.022

Represented by Koen Geernaert

Active
Tom Liddell

Director · since 03 janvier 2024 · until 31 décembre 2028

Active

Ended mandates

Francoise De Witte

Andere functie · since 15 avril 2022

Ended
Henrard Solutions Management

Director · since 20 mai 2017 · 0654.724.363

Represented by Alain Henrard

Ended
Henrard Solutions Management

Director · since 20 mai 2017 · 0654.724.363

Represented by Alain Henrard

Ended
Henrard Solutions Management

Director · since 20 mai 2017 · 0654.724.363

Represented by Alain Henrard

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other18/03/2025
    DIVERSEN
    PDF
  • Mandates31/12/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
    PDF
  • Mandates10/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/01/2024
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring18/01/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring17/11/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates09/04/2020
    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. 2025
    Annual accounts 20251,9 M €↑
  2. 2024
    Annual accounts 20241,2 M €↑
  3. 2023
    Annual accounts 2023799,1 k €↑
  4. 2022
    Annual accounts 2022725,4 k €↑
  5. 2021
    Annual accounts 2021509,1 k €↑
  6. 2019
    Annual accounts 201996,2 k €↓
  7. 2018
    Annual accounts 2018226,5 k €↑
  8. 2017
    Annual accounts 2017-241 k €↓
  9. 2016
    Annual accounts 20166,1 k €↓
  10. 2015
    Annual accounts 201583,4 k €↑
  11. 2014
    Annual accounts 201436,1 k €↓
  12. 2013
    Annual accounts 2013133,2 k €↑
  13. 2012
    Annual accounts 201215,5 k €↓
  14. 2011
    Annual accounts 2011100 k €↓
  15. 2010
    Annual accounts 2010144,9 k €↑
  16. 2009
    Annual accounts 200962,4 k €↓
  17. 2008
    Annual accounts 2008130,4 k €↑
  18. 2007
    Annual accounts 2007121,4 k €
  19. 17/08/1989
    IncorporationPublic limited company