ACTIVE

AIR LIQUIDE INDUSTRIES BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result-18,2 M €-248,6 %over 1 year
Revenue573,8 M €-5,1 %over 1 year
Equity265,2 M €-6,5 %over 1 year
Workforce269,4 ETP+3,3 %over 1 year

Identity

Source · BCE/KBO

AIR LIQUIDE INDUSTRIES BELGIUM is a Public limited company incorporated in 1996. Its registered office is in Zaventem. It employs on average 269,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0457.652.730
Incorporation
29/03/1996
Legal form
Public limited company
Registered office
Hermeslaan 11
1932 Zaventem · FlandreSee on map
Contributed capital
256 590 551,16 €
Latest accounts
31/12/2025
Average workforce
269,4 ETP
Joint committees (2)
  • 116
  • 207
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 40 filings

Trend over 16 financial years

20252024202320222021
Income statement
Revenue573,8 M €604,8 M €762,8 M €1,2 Md €606,3 M €
EBITDA20,2 M €38,4 M €3,2 M €51,7 M €29,3 M €
Operating result-18,1 M €9,8 M €-18,7 M €14,3 M €4,3 M €
Net result-18,2 M €12,3 M €-12,9 M €9 M €3,3 M €
Balance sheet
Equity265,2 M €283,7 M €271,6 M €284,8 M €282,4 M €
Total assets475,8 M €515,9 M €481,3 M €483,8 M €492,1 M €
Cash––5,2 M €1,7 M €137,3 k €
Debts191,8 M €226,2 M €206 M €184,2 M €204,7 M €
Other
Workforce269,4 ETP260,7 ETP257,1 ETP257,6 ETP258,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 75 ended

Active mandates

GILLES LE VAN

Director · since 21 août 2025 · until 26 juin 2026

Active
Alain LE BORGNE

Director · since 16 juin 2025 · until 26 juin 2026

Active
Pierre COSTA DE BEAUREGARD

Director · since 16 juin 2025 · until 26 juin 2026

Active
Xavier PONTONE

Director · since 16 juin 2025 · until 26 juin 2026

Active
Christophe CHALIER

Chairman of the board of directors · since 01 septembre 2024 · until 01 septembre 2025

Active

Ended mandates

Christophe CHALIER

Chairman of the board of directors · since 01 septembre 2024 · until 16 juin 2025

Ended
Pierre COSTA DE BEAUREGARD

Director · since 01 septembre 2024 · until 16 juin 2025

Ended
Alain LE BORGNE

Director · since 16 juin 2023 · until 10 juin 2024

Ended
Alain LE BORGNE

Director · since 16 juin 2023 · until 16 juin 2025

Ended

Other companies at this address

Hermeslaan 11 1932 Zaventem
CompanyCBE no.
AIR LIQUIDE LARGE INDUSTRY● Active
0471.356.949
AIR LIQUIDE MEDICAL● Active
0436.888.493
DENSO Belgium● Active
0471.476.814
Fonds d'assainissement des sols des citernes à gasoil à des fins de chauffage● Active
0726.647.586
FONDS D'ASSAINISSEMENT DES SOLS DES STATIONS - SERVICE - BODEMSANERINGSFONDS VOOR BENZINESTATIONS● Active
0474.553.197
HYDROWAL● Active
0420.552.210
L'Air liquide Belge● Active
0404.222.556
MARKETING & SALES INVEST● Active
0716.890.772
MindsInvest● Active
0775.624.074
MINDS&MORE● Active
0824.312.730
Moore Corporate Finance● Active
0463.402.256
PFIZER SERVICE COMPANY● Active
0478.242.365
PFIZER VAT GROUP BELGIUM● Active
0846.133.968
Recupel● Active
0473.923.093
SUMITOMO CHEMICAL EUROPE S.A./N.V.● Active
0453.622.676
SUMITOMO SEIKA EUROPE● Active
0894.054.344
Swedish Orphan Biovitrum (Belgium)● Active
0536.217.087

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
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 date15/07/202611/07/202519/06/202428/06/202313/06/202223/06/2021
General meeting14/07/202616/06/202510/06/202416/06/202327/05/202204/05/2021
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, 40 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202514/07/202615/07/2026DutchPDF
Full model31/12/202416/06/202511/07/2025FrenchPDF
Consolidated accounts31/12/202406/05/202516/07/2025FrenchPDF
Full model31/12/202310/06/202419/06/2024FrenchPDF
Consolidated accounts31/12/202330/04/202416/09/2024FrenchPDF
Full model31/12/202216/06/202328/06/2023FrenchPDF
Consolidated accounts31/12/202203/05/202305/07/2023FrenchPDF
Full model31/12/202127/05/202213/06/2022FrenchPDF
Consolidated accounts31/12/202104/05/202213/06/2022FrenchPDF
Full model31/12/202027/05/202116/06/2021FrenchPDF
Consolidated accounts31/12/202004/05/202123/06/2021FrenchPDF
Full model31/12/201926/05/202008/07/2020FrenchPDF
Consolidated accounts31/12/201905/05/202009/07/2020FrenchPDF
Full model31/12/201827/05/201931/05/2019FrenchPDF
Consolidated accounts31/12/201807/05/201903/06/2019FrenchPDF
Full model31/12/201728/05/201812/06/2018FrenchPDF
Consolidated accounts31/12/201716/05/201819/06/2018FrenchPDF
Full model31/12/201626/05/201712/06/2017FrenchPDF
Consolidated accounts31/12/201603/05/201713/06/2017FrenchPDF
Full model31/12/201511/05/201628/06/2016FrenchPDF
Consolidated accounts31/12/201512/05/201628/06/2016FrenchPDF
Full model31/12/201426/05/201527/07/2015FrenchPDF
Consolidated accounts31/12/201406/05/201527/07/2015FrenchPDF
Full model31/12/201313/05/201417/07/2014FrenchPDF

View all 40 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 75 ended

Active mandates

GILLES LE VAN

Director · since 21 août 2025 · until 26 juin 2026

Active
Alain LE BORGNE

Director · since 16 juin 2025 · until 26 juin 2026

Active
Pierre COSTA DE BEAUREGARD

Director · since 16 juin 2025 · until 26 juin 2026

Active
Xavier PONTONE

Director · since 16 juin 2025 · until 26 juin 2026

Active
Christophe CHALIER

Chairman of the board of directors · since 01 septembre 2024 · until 01 septembre 2025

Active

Ended mandates

Christophe CHALIER

Chairman of the board of directors · since 01 septembre 2024 · until 16 juin 2025

Ended
Pierre COSTA DE BEAUREGARD

Director · since 01 septembre 2024 · until 16 juin 2025

Ended
Alain LE BORGNE

Director · since 16 juin 2023 · until 10 juin 2024

Ended
Alain LE BORGNE

Director · since 16 juin 2023 · until 16 juin 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/08/2026
    Benoeming van een nieuwe vertegenwoordiger van de commissaris -
    PDF
  • Registered office03/10/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates25/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other23/10/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates03/08/2023
    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 2025-18,2 M €↓
  2. 16/06/2025
    reconductionPatrick MORTROUX — commissaire
  3. 16/06/2025
    reconductionChristophe CHALIER — administrateur
  4. 16/06/2025
    reconductionXavier PONTONE — administrateur
  5. 16/06/2025
    reconductionAlain LE BORGNE — administrateur
  6. 16/06/2025
    reconductionPierre COSTA DE BEAUREGARD — administrateur
  7. 2024
    Annual accounts 202412,3 M €↑
  8. 17/09/2024
    nominationChristophe CHALIER — administrateur
  9. 17/09/2024
    nominationPierre COSTA DE BEAUREGARD — administrateur
  10. 10/06/2024
    reconductionFrédéric DESPREAUX — administrateur
  11. 10/06/2024
    reconductionXavier PONTONE — administrateur
  12. 10/06/2024
    reconductionAlain LE BORGNE — administrateur
  13. 10/06/2024
    reconductionAleksandr ARKHIPOV — administrateur
  14. 2023
    Annual accounts 2023-12,9 M €↓
  15. 16/06/2023
    reconductionFrédéric DESPREAUX — administrateur
  16. 16/06/2023
    reconductionAlain LE BORGNE — administrateur
  17. 16/06/2023
    reconductionAleksandr ARKHIPOV — administrateur
  18. 03/04/2023
    nominationXavier PONTONE — Administrateur délégué
  19. 01/04/2023
    nominationXavier PONTONE — administrateur
  20. 03/01/2023
    nominationGerrit Jan TEN CATE — Administrateur délégué
  21. 01/01/2023
    nominationGerrit Jan TEN CATE — administrateur
  22. 2022
    Annual accounts 20229 M €↑
  23. 27/05/2022
    reconductionPatrick MORTROUX — commissaire
  24. 27/05/2022
    reconductionAmine HOUSSAIM — administrateur
  25. 27/05/2022
    reconductionFrédéric DESPREAUX — administrateur
  26. 27/05/2022
    reconductionAlain LE BORGNE — administrateur
  27. 27/05/2022
    reconductionAleksandr ARKHIPOV — administrateur
  28. 2021
    Annual accounts 20213,3 M €↓
  29. 2020
    Annual accounts 202011,3 M €↓
  30. 2019
    Annual accounts 201919,3 M €↑
  31. 2018
    Annual accounts 2018-2,3 M €↓
  32. 2017
    Annual accounts 20178,5 M €↓
  33. 2016
    Annual accounts 201615,4 M €↓
  34. 2015
    Annual accounts 201516,6 M €↓
  35. 2014
    Annual accounts 201423,4 M €↑
  36. 2013
    Annual accounts 201310,1 M €↓
  37. 2012
    Annual accounts 201224,1 M €↑
  38. 2011
    Annual accounts 201119,7 M €↓
  39. 2010
    Annual accounts 2010102,2 M €
  40. 29/03/1996
    IncorporationPublic limited company