ACTIVE

KRONOS EUROPE

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Financial year 2025 · Closed on 31/12/2025

Net result-23,9 M €+19,8 %over 1 year

Revenue212,5 M €-3,0 %over 1 year

Equity52,4 M €-31,4 %over 1 year

Workforce286,7 ETP-0,1 %over 1 year

Identity

Source · BCE/KBO

KRONOS EUROPE is a Public limited company incorporated in 1992. Its main activity is: Manufacture of dyes and pigments. Its registered office is in Gent. It employs on average 286,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0449.103.862
Incorporation: 31/12/1992
Legal form: Public limited company
Registered office: Langerbruggekaai 10
9000 Gent · FlandreSee on map
Contributed capital: 45 129 798,98 €
Latest accounts: 31/12/2025
Average workforce: 286,7 ETP

Activities (NACE)

20120Manufacture of dyes and pigments· main 20120Manufacture of dyes and pigments 24120Manufacture of basic iron and steel and of ferro-alloys

Joint committees (2)

Contacts

3 public details availableLog in to view

Signals

High revenue

Financials

Source · NBB, 30 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	212,5 M €	-3.0%	219 M €	+8.8%	201,4 M €	-30.0%	287,8 M €	+15.6%	248,9 M €
EBITDA	-15,4 M €	+20.5%	-19,3 M €	+35.3%	-29,9 M €	-321%	13,5 M €	+10.2%	12,2 M €
Operating result	-21,8 M €	+17.9%	-26,5 M €	+28.4%	-37 M €	-610%	7,3 M €	+26.1%	5,8 M €
Net result	-23,9 M €	+19.8%	-29,8 M €	+24.1%	-39,3 M €	-614%	7,6 M €	+39.6%	5,5 M €
Balance sheet
Equity	52,4 M €	-31.4%	76,3 M €	-28.1%	106,2 M €	-27.0%	145,5 M €	+5.5%	137,9 M €
Total assets	208,8 M €	-12.4%	238,2 M €	-2.2%	243,6 M €	-9.4%	268,7 M €	+42.3%	188,8 M €
Cash	1,4 M €	+12.7%	1,2 M €	-15.2%	1,4 M €	+17.0%	1,2 M €	-53.7%	2,6 M €
Debts	151,9 M €	-3.5%	157,4 M €	+17.7%	133,8 M €	+12.2%	119,2 M €	+161%	45,6 M €
Other
Workforce	286,7 ETP	-0.1%	287,1 ETP	-1.1%	290,3 ETP	-0.2%	290,8 ETP	+2.2%	284,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 22 ended

Active mandates

Frederiek Criel

Director · since 19 mars 2026 · until 13 mai 2031

Active

Bradley Troutman

Director · since 30 septembre 2025 · until 13 mai 2031

Active

Marnix Mahieu

Director · since 10 mai 2022 · until 19 mars 2026

Active

Tim Hafer

Director · since 31 décembre 2021 · until 30 septembre 2025

Active

Kronos Denmark APS

Director · since 13 mai 2015 · until 11 mai 2027

Represented by Ulrich Kabelac

Active

Ended mandates

Marnix Mahieu

Chairman of the board of directors · since 10 mai 2022 · until 09 mai 2028

Ended

Marnix Mahieu

Director · since 10 mai 2022 · until 09 mai 2028

Ended

Hans-Juergen Theus

Chairman of the board of directors · since 31 décembre 2021 · until 10 mai 2022

Ended

Tim Hafer

Director · since 31 décembre 2021 · until 11 mai 2027

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/05/2026	19/05/2025	28/05/2024	30/05/2023	16/05/2022	17/05/2021
General meeting	12/05/2026	13/05/2025	14/05/2024	09/05/2023	10/05/2022	11/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 30 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	12/05/2026	18/05/2026	Dutch	PDF
Full model	31/12/2024	13/05/2025	19/05/2025	Dutch	PDF
Full model	31/12/2023	14/05/2024	28/05/2024	Dutch	PDF
Full model	31/12/2022	09/05/2023	30/05/2023	Dutch	PDF
Full model	31/12/2021	10/05/2022	16/05/2022	Dutch	PDF
Full model	31/12/2020	11/05/2021	17/05/2021	Dutch	PDF
Full model	31/12/2019	12/05/2020	14/05/2020	Dutch	PDF
Full model	31/12/2018	14/05/2019	17/05/2019	Dutch	PDF
Full model	31/12/2017	08/05/2018	09/05/2018	Dutch	PDF
Full model	31/12/2016	09/05/2017	12/05/2017	Dutch	PDF
Consolidated accounts	31/12/2016	09/05/2017	12/05/2017	Dutch	PDF
Full model	31/12/2015	10/05/2016	31/05/2016	Dutch	PDF
Consolidated accounts	31/12/2015	10/05/2016	31/05/2016	Dutch	PDF
Full model	31/12/2014	12/05/2015	27/05/2015	Dutch	PDF
Consolidated accounts	31/12/2014	12/05/2015	27/05/2015	Dutch	PDF
Full model	31/12/2013	13/05/2014	14/05/2014	Dutch	PDF
Consolidated accounts	31/12/2013	13/05/2014	14/05/2014	Dutch	PDF
Full model	31/12/2012	14/05/2013	15/05/2013	Dutch	PDF
Consolidated accounts	31/12/2012	14/05/2013	15/05/2013	Dutch	PDF
Full model	31/12/2011	08/05/2012	16/05/2012	Dutch	PDF
Consolidated accounts	31/12/2011	08/05/2012	16/05/2012	Dutch	PDF
Full model	31/12/2010	10/05/2011	13/05/2011	Dutch	PDF
Consolidated accounts	31/12/2010	10/05/2011	13/05/2011	Dutch	PDF
Full model	31/12/2009	11/05/2010	26/05/2010	Dutch	PDF

View all 30 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 31/12/2025

5 active · 22 ended

Active mandates

Frederiek Criel

Director · since 19 mars 2026 · until 13 mai 2031

Active

Bradley Troutman

Director · since 30 septembre 2025 · until 13 mai 2031

Active

Marnix Mahieu

Director · since 10 mai 2022 · until 19 mars 2026

Active

Tim Hafer

Director · since 31 décembre 2021 · until 30 septembre 2025

Active

Kronos Denmark APS

Director · since 13 mai 2015 · until 11 mai 2027

Represented by Ulrich Kabelac

Active

Ended mandates

Marnix Mahieu

Chairman of the board of directors · since 10 mai 2022 · until 09 mai 2028

Ended

Marnix Mahieu

Director · since 10 mai 2022 · until 09 mai 2028

Ended

Hans-Juergen Theus

Chairman of the board of directors · since 31 décembre 2021 · until 10 mai 2022

Ended

Tim Hafer

Director · since 31 décembre 2021 · until 11 mai 2027

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/02/2022
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

19/03/2026
nominationFrederik Victor H Criel — voorzitter en bestuurder
19/03/2026
reconductionLien Eilen A Winne — commissaris
2025
Annual accounts 2025-23,9 M €↑
15/11/2025
nominationEefje Simonne C Wulgaert — volmachten A, B, C en D
30/09/2025
nominationBradley Earl Troutman — bestuurder
13/05/2025
reconductionPWC Bedrijfsrevisoren BV — commissaris
01/02/2025
nominationStijn De Ridder — Financieel Directeur
2024
Annual accounts 2024-29,8 M €↑
01/04/2024
nominationJeroen Baele — Diensthoofd Inkoop & Materiaalbeheer (volmachten Bd en D)
2023
Annual accounts 2023-39,3 M €↓
01/05/2023
nominationStijn De Ridder — volmachten Bd, C en D
01/05/2023
nominationLode Van Leeuwen — volmachten Bd, C en D
01/01/2023
nominationWim Van Cauwenberghe — volmachten A, B, C en D
01/01/2023
nominationFrederik Criel — volmachten A, B, C en D
2022
Annual accounts 20227,6 M €↑
10/05/2022
nominationMarnix Mahieu — Voorzitter en Bestuurder
2021
Annual accounts 20215,5 M €↑
2020
Annual accounts 2020-10,1 M €↓
2019
Annual accounts 20198,8 M €↓
2018
Annual accounts 201835,1 M €↓
2017
Annual accounts 201761,8 M €↑
2016
Annual accounts 2016-9,8 M €↓
2015
Annual accounts 2015-8,7 M €↓
2014
Annual accounts 2014438,5 k €↑
2013
Annual accounts 2013-49,2 M €↓
2012
Annual accounts 2012-26,9 M €↓
2011
Annual accounts 201126 M €↑
2010
Annual accounts 20109,7 M €↑
2009
Annual accounts 2009-7,4 M €↓
2008
Annual accounts 20081,6 M €↓
2007
Annual accounts 20074,9 M €
31/12/1992
IncorporationPublic limited company

KRONOS EUROPE

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline