ACTIVE

SHL BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result182,4 k €+5,6 %over 1 year
Revenue3,3 M €+0,3 %over 1 year
Equity1,8 M €+11,5 %over 1 year
Workforce5,0 ETP+2,0 %over 1 year

Identity

Source · BCE/KBO

SHL BELGIUM is a Public limited company incorporated in 1990. Its registered office is in Ixelles. It employs on average 5,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0440.017.734
Incorporation
21/02/1990
Legal form
Public limited company
Registered office
Avenue Louise 489
1050 Ixelles · BruxellesSee on map
Contributed capital
398 885,82 €
Latest accounts
31/12/2025
Average workforce
5,0 ETP
Joint committees (3)
  • 200
  • 2000
  • 218
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue3,3 M €3,3 M €3,7 M €4,3 M €3,9 M €
EBITDA65,3 k €70,8 k €76,9 k €108 k €110,5 k €
Operating result56,1 k €62,8 k €71,8 k €99,8 k €87,2 k €
Net result182,4 k €172,7 k €209,2 k €94,2 k €79,6 k €
Balance sheet
Equity1,8 M €1,6 M €1,4 M €1,2 M €1,1 M €
Total assets4,1 M €3,9 M €3,5 M €4,4 M €3,8 M €
Cash1 k €1 k €35,7 k €110 k €56,1 k €
Debts1,1 M €1,1 M €1 M €1,7 M €1,3 M €
Other
Workforce5,0 ETP4,9 ETP7,3 ETP8,0 ETP8,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 30 ended

Active mandates

Tyson Wilson

Director · since 16 mai 2025 · until 16 mai 2031

Active
Ian Kenneth Golding

Director · since 31 décembre 2024 · until 31 décembre 2030

Active
Michael EDMONDSON

Director · since 11 décembre 2023 · until 29 juin 2029

Active

Ended mandates

Emmy Bodrogi HACKETT

Director · since 31 janvier 2023 · until 30 janvier 2029

Ended
Michael EDMONDSON

Director · since 31 janvier 2023 · until 31 janvier 2029

Ended
James MOODY

Director · since 25 janvier 2022 · until 16 mai 2028

Ended
Nicholas Malley

Director · since 31 juillet 2020 · until 30 juillet 2026

Ended

Other companies at this address

Avenue Louise 489 1050 Ixelles
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ALTIUS CAPITAL INVESTMENT THREE● Active
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Ambassade de la République du Costa Rica● Active
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Arpège Groupe● Active
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Ashurst Perkins Coie Europe● Active
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ASM BELGIUM● Active
0474.630.007
ASSOCIATION INTERNATIONALE DE L'INDUSTRIE DU TUNGSTENE - INTERNATIONAL TUNGSTEN INDUSTRY ASSOCIATION● Active
0441.894.683
BOSS SERVICES● Active
0457.104.085
Brominated Compounds Consortium Trustee● Active
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BURGER KING SEE● Active
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Checkout Belgium● Active
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Circle Advertising Civil Company● Active
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COMPAGNIE 14● Active
0463.784.318
Condor 1● Active
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Condor 2● Active
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Condor 3● Active
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Condor 4● Active
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CONDOR BIDCO● Active
0770.665.493

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 date27/08/202621/08/202506/01/202520/12/202322/10/202221/12/2021
General meeting14/08/202630/07/202516/10/202411/12/202313/10/202216/12/2021
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 model31/12/202514/08/202627/08/2026DutchPDF
Full model31/12/202430/07/202521/08/2025DutchPDF
Full model31/12/202316/10/202406/01/2025DutchPDF
Full model31/12/202211/12/202320/12/2023DutchPDF
Full model31/12/202113/10/202222/10/2022DutchPDF
Full model31/12/202016/12/202121/12/2021DutchPDF
Full model31/12/201909/10/202029/10/2020DutchPDF
Full model31/12/201827/09/201903/10/2019DutchPDF
Full model31/12/201727/09/201812/10/2018DutchPDF
Full model31/12/201630/06/201710/08/2017DutchPDF
Full model31/12/201521/06/201619/07/2016FrenchPDF
Full model31/12/201426/06/201529/07/2015DutchPDF
Full model31/12/201326/08/201416/09/2014DutchPDF
Full model31/12/201212/07/201322/08/2013FrenchPDF
Full model31/12/201115/05/201216/07/2012FrenchPDF
Full model31/12/201030/06/201102/08/2011FrenchPDF
Full modelCorrection31/12/200930/06/201014/02/2011FrenchPDF
Full model31/12/200930/06/201028/10/2010FrenchPDF
Full model31/12/200826/06/200910/08/2009FrenchPDF
Full model31/12/200720/05/200828/05/2008FrenchPDF
Full model31/12/200618/06/200719/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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

3 active · 30 ended

Active mandates

Tyson Wilson

Director · since 16 mai 2025 · until 16 mai 2031

Active
Ian Kenneth Golding

Director · since 31 décembre 2024 · until 31 décembre 2030

Active
Michael EDMONDSON

Director · since 11 décembre 2023 · until 29 juin 2029

Active

Ended mandates

Emmy Bodrogi HACKETT

Director · since 31 janvier 2023 · until 30 janvier 2029

Ended
Michael EDMONDSON

Director · since 31 janvier 2023 · until 31 janvier 2029

Ended
James MOODY

Director · since 25 janvier 2022 · until 16 mai 2028

Ended
Nicholas Malley

Director · since 31 juillet 2020 · until 30 juillet 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/03/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other29/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING
    PDF
  • Mandates08/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/01/2023
    DIVERSEN
    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 2025182,4 k €↑
  2. 2024
    Annual accounts 2024172,7 k €↓
  3. 2023
    Annual accounts 2023209,2 k €↑
  4. 2022
    Annual accounts 202294,2 k €↑
  5. 2021
    Annual accounts 202179,6 k €↑
  6. 2020
    Annual accounts 202031,9 k €↓
  7. 2019
    Annual accounts 201979,9 k €↑
  8. 2018
    Annual accounts 201833,9 k €↓
  9. 2017
    Annual accounts 201783,9 k €↓
  10. 2016
    Annual accounts 2016133,8 k €↑
  11. 2015
    Annual accounts 201540,4 k €↑
  12. 2014
    Annual accounts 201439,3 k €↓
  13. 2013
    Annual accounts 2013250,4 k €↑
  14. 2012
    Annual accounts 201269,3 k €↑
  15. 2011
    Annual accounts 2011-79,6 k €↓
  16. 2010
    Annual accounts 2010166,6 k €↑
  17. 2009
    Annual accounts 2009-94,7 k €↑
  18. 2008
    Annual accounts 2008-165,7 k €↓
  19. 2007
    Annual accounts 2007319,6 k €↓
  20. 2006
    Annual accounts 2006652,9 k €
  21. 21/02/1990
    IncorporationPublic limited company