ACTIVE

CAIROX BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result
6,5 M €
-6,5 %over 1 year
Revenue
101,6 M €
+3,0 %over 1 year
Equity
12,1 M €
-3,6 %over 1 year
Workforce
204,9 ETP
+1,2 %over 1 year

Identity

Source · BCE/KBO

CAIROX BELGIUM is a Public limited company incorporated in 1993. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Zaventem. It employs on average 204,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0451.428.496
Incorporation
14/12/1993
Legal form
Public limited company
Registered office
Hoogstraat 180
1930 Zaventem · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
204,9 ETP
Joint committees (3)
  • 14904
  • 200
  • 218
Contacts
4 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 8 financial years

20252024202320222021
Income statement
Revenue101,6 M €98,7 M €105,2 M €96,2 M €84,5 M €
EBITDA10,1 M €11,3 M €13,2 M €12 M €8,3 M €
Operating result9,5 M €9,8 M €12,1 M €10,8 M €7,6 M €
Net result6,5 M €7 M €8,5 M €8 M €5,3 M €
Balance sheet
Equity12,1 M €12,5 M €12,5 M €13 M €13 M €
Total assets35,8 M €37,4 M €37,6 M €37,1 M €36,4 M €
Cash3,2 M €4,7 M €3,8 M €4,6 M €4,1 M €
Debts22,5 M €23,9 M €23,7 M €23,2 M €22,8 M €
Other
Workforce204,9 ETP202,4 ETP196,4 ETP187,9 ETP175,5 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

2 active · 17 ended

Active mandates

Jan Dhaenens

Managing director · since 02 juin 2023 · until 01 juin 2029

Active
Airvance Group SAS

Director · since 31 janvier 2020 · until 05 juin 2026

Represented by Laurent Dolbeau

Active

Ended mandates

Airvance Group SAS

Director · since 31 janvier 2020 · until 31 janvier 2026 · 0743.578.343

Represented by Laurent Dolbeau

Ended
AIRVANCE GROUP SAS

Director · since 31 janvier 2020 · until 31 janvier 2026

Represented by Laurent Dolbeau

Ended
France Air Management SA

Director · since 31 janvier 2020 · until 31 janvier 2026

Represented by Laurent Dolbeau

Ended
Jan Dhaenens

Managing director · since 02 juin 2017 · until 02 juin 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 date26/06/202612/06/202511/06/202423/06/202305/07/202210/06/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202505/06/202626/06/2026DutchPDF
Full model31/12/202406/06/202512/06/2025DutchPDF
Full model31/12/202307/06/202411/06/2024DutchPDF
Full model31/12/202202/06/202323/06/2023DutchPDF
Full model31/12/202103/06/202205/07/2022DutchPDF
Full model31/12/202004/06/202110/06/2021DutchPDF
Full model31/12/201910/07/202015/07/2020DutchPDF
Full model31/12/201807/06/201921/06/2019DutchPDF
Full model31/12/201701/06/201811/06/2018DutchPDF
Full model31/12/201602/06/201716/06/2017DutchPDF
Full model31/12/201503/06/201618/07/2016DutchPDF
Full model31/12/201405/06/201510/07/2015DutchPDF
Full model31/12/201306/06/201414/07/2014DutchPDF
Full model31/12/201207/06/201318/07/2013DutchPDF
Full model31/12/201101/06/201227/06/2012DutchPDF
Full model31/12/201003/06/201119/07/2011DutchPDF
Full model31/12/200904/06/201030/08/2010DutchPDF
Full model31/12/200805/06/200918/08/2009DutchPDF
Full model31/12/200706/06/200825/06/2008DutchPDF
Full model31/12/200601/06/200728/06/2007DutchPDF

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

2 active · 17 ended

Active mandates

Jan Dhaenens

Managing director · since 02 juin 2023 · until 01 juin 2029

Active
Airvance Group SAS

Director · since 31 janvier 2020 · until 05 juin 2026

Represented by Laurent Dolbeau

Active

Ended mandates

Airvance Group SAS

Director · since 31 janvier 2020 · until 31 janvier 2026 · 0743.578.343

Represented by Laurent Dolbeau

Ended
AIRVANCE GROUP SAS

Director · since 31 janvier 2020 · until 31 janvier 2026

Represented by Laurent Dolbeau

Ended
France Air Management SA

Director · since 31 janvier 2020 · until 31 janvier 2026

Represented by Laurent Dolbeau

Ended
Jan Dhaenens

Managing director · since 02 juin 2017 · until 02 juin 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates25/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/12/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates05/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/09/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other26/03/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates21/02/2020
    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 20256,5 M €↓
  2. 2024
    Annual accounts 20247 M €↓
  3. 2023
    Annual accounts 20238,5 M €↑
  4. 2022
    Annual accounts 20228 M €↑
  5. 2021
    Annual accounts 20215,3 M €↑
  6. 2019
    Name changeCAIROX BELGIUM
  7. 2015
    Name changeSIG AIR HANDLING
  8. 2008
    Annual accounts 20081,1 M €↓
  9. 2007
    Annual accounts 20071,3 M €↑
  10. 2006
    Annual accounts 20061,1 M €
  11. 2006
    Name changeAIR TRADE CENTRE BELGIUM
  12. 14/12/1993
    IncorporationPublic limited company