ACTIVE

ARMACELL BENELUX

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Financial year 2025 · Closed on 31/12/2025

Net result634,7 k €-80,1 %over 1 year
Revenue34,8 M €+6,4 %over 1 year
Equity66,9 M €+0,2 %over 1 year
Workforce113,1 ETP-2,5 %over 1 year

Identity

Source · BCE/KBO

ARMACELL BENELUX is a Limited partnership incorporated in 1997. Its main activity is: Manufacture of plastic plates, sheets, tubes and profiles. Its registered office is in Thimister-Clermont. It employs on average 113,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0460.193.833
Incorporation
14/03/1997
Legal form
Limited partnership
Registered office
Rue des Trois Entités 9
4890 Thimister-Clermont · WallonieSee on map
Contributed capital
17 441 531,37 €
Latest accounts
31/12/2025
Average workforce
113,1 ETP
Joint committees (2)
  • 116
  • 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue34,8 M €32,7 M €40,2 M €42,2 M €42,7 M €
EBITDA4,6 M €5,2 M €7,1 M €9,1 M €11,4 M €
Operating result345,4 k €879,3 k €3,4 M €3,9 M €8,5 M €
Net result634,7 k €3,2 M €2,8 M €2,2 M €5,6 M €
Balance sheet
Equity66,9 M €66,8 M €63,9 M €61,4 M €59,6 M €
Total assets86 M €88,6 M €92,6 M €88,1 M €91,2 M €
Cash2,3 M €3,4 M €913,6 k €1,5 M €1,7 M €
Debts18,2 M €21,2 M €28,2 M €25,9 M €31,4 M €
Other
Workforce113,1 ETP116,0 ETP121,9 ETP131,3 ETP128,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 17 ended

Active mandates

Armacell Benelux Holding

Director · since 22 décembre 2023 · 0700.266.259

Represented by Bart Janssen

Active
Bertrand Denoël

Director · since 22 décembre 2023

Active

Ended mandates

Bertrand Denoël

Manager · since 29 novembre 2022

Ended
Armacell Benelux Holding

Manager · since 20 juillet 2018 · 0700.266.259

Represented by Bart Janssen

Ended
Armacell Benelux Holding

Manager · since 20 juillet 2018 · 0700.266.259

Represented by Bart Janssen

Ended
Thomas Kessel

Director · since 07 septembre 2016 · until 13 mai 2019

Ended

Other companies at this address

Rue des Trois Entités 9 4890 Thimister-Clermont
CompanyCBE no.
Armacell Benelux Holding● Active
0700.266.259

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 date05/06/202620/05/202517/06/202413/06/202316/06/202217/06/2021
General meeting18/05/202619/05/202520/05/202415/05/202316/05/202217/05/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202518/05/202605/06/2026FrenchPDF
Full model31/12/202419/05/202520/05/2025FrenchPDF
Full model31/12/202320/05/202417/06/2024FrenchPDF
Full model31/12/202215/05/202313/06/2023FrenchPDF
Full model31/12/202116/05/202216/06/2022FrenchPDF
Full model31/12/202017/05/202117/06/2021FrenchPDF
Full model31/12/201918/05/202015/06/2020FrenchPDF
Full model31/12/201820/05/201922/05/2019FrenchPDF
Full model31/12/201714/05/201830/05/2018FrenchPDF
Full model31/12/201608/05/201718/05/2017FrenchPDF
Full model31/12/201509/05/201625/05/2016FrenchPDF
Full model31/12/201411/05/201526/05/2015FrenchPDF
Full model31/12/201312/05/201427/05/2014FrenchPDF
Full model31/12/201213/05/201328/05/2013FrenchPDF
Full model31/12/201114/05/201222/05/2012FrenchPDF
Full model31/12/201030/05/201114/06/2011FrenchPDF
Full model31/12/200910/05/201028/06/2010FrenchPDF
Full model31/12/200811/05/200918/06/2009FrenchPDF
Full model31/12/200712/05/200830/06/2008FrenchPDF
Full model31/12/200628/06/200719/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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

Armacell Benelux Holding

Director · since 22 décembre 2023 · 0700.266.259

Represented by Bart Janssen

Active
Bertrand Denoël

Director · since 22 décembre 2023

Active

Ended mandates

Bertrand Denoël

Manager · since 29 novembre 2022

Ended
Armacell Benelux Holding

Manager · since 20 juillet 2018 · 0700.266.259

Represented by Bart Janssen

Ended
Armacell Benelux Holding

Manager · since 20 juillet 2018 · 0700.266.259

Represented by Bart Janssen

Ended
Thomas Kessel

Director · since 07 septembre 2016 · until 13 mai 2019

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/03/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/02/2024
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates09/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/12/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/02/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/08/2018
    DENOMINATION - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates30/07/2018
    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. 01/06/2026
    nominationBMCN SRL — gérant
  2. 2025
    Annual accounts 2025634,7 k €↓
  3. 2024
    Annual accounts 20243,2 M €↑
  4. 2023
    Annual accounts 20232,8 M €↑
  5. 22/09/2023
    nominationEY Réviseurs d'Entreprises — commissaire
  6. 2022
    Annual accounts 20222,2 M €↓
  7. 29/11/2022
    nominationBertrand Denoël — gérant
  8. 16/05/2022
    nominationKPMG Réviseurs d'Entreprises — commissaire
  9. 2021
    Annual accounts 20215,6 M €↓
  10. 2020
    Annual accounts 20206,4 M €↓
  11. 2019
    Annual accounts 20196,8 M €↓
  12. 2018
    Annual accounts 20188 M €↑
  13. 2017
    Annual accounts 20177,4 M €↑
  14. 2016
    Annual accounts 20164,5 M €↑
  15. 2015
    Annual accounts 20153,7 M €↑
  16. 2014
    Annual accounts 20141,8 M €↑
  17. 2013
    Annual accounts 20134,7 k €↓
  18. 2012
    Annual accounts 20121,5 M €↑
  19. 2011
    Annual accounts 2011644,1 k €↑
  20. 2010
    Annual accounts 2010-731,3 k €↓
  21. 2009
    Annual accounts 2009236,2 k €↑
  22. 2008
    Annual accounts 2008-1,5 M €↑
  23. 2007
    Annual accounts 2007-4,2 M €↓
  24. 2006
    Annual accounts 2006-4 M €
  25. 14/03/1997
    IncorporationLimited partnership