ACTIVE

Safran Aircraft Engine Services Brussels

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Financial year 2025 · Closed on 31/12/2025

Net result-900,7 k €+53,8 %over 1 year
Revenue632,5 M €+39,8 %over 1 year
Equity12,2 M €-6,9 %over 1 year
Workforce397,6 ETP+29,7 %over 1 year

Identity

Source · BCE/KBO

Safran Aircraft Engine Services Brussels is a Public limited company incorporated in 1998. Its main activity is: Repair and maintenance of aircraft and spacecraft. Its registered office is in Bruxelles. It employs on average 397,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0464.802.323
Incorporation
10/12/1998
Legal form
Public limited company
Registered office
Rue du Congrès 35
1000 Bruxelles · BruxellesSee on map
Contributed capital
4 680 000,00 €
Latest accounts
31/12/2025
Average workforce
397,6 ETP
Joint committees (1)
  • 31501
Signals
Positive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 40 filings

Trend over 16 financial years

20252024202320222021
Income statement
Revenue632,5 M €452,5 M €207,6 M €104,6 M €80,9 M €
EBITDA6,2 M €6,8 M €3,6 M €6,5 M €9,9 M €
Operating result3,5 M €4,1 M €1,8 M €1,8 M €1,7 M €
Net result-900,7 k €-1,9 M €360,3 k €1,7 M €1,5 M €
Balance sheet
Equity12,2 M €13,1 M €15,1 M €14,7 M €14,5 M €
Total assets401,6 M €260,1 M €174,9 M €80,8 M €63,4 M €
Cash–––––
Debts388,3 M €239,2 M €157,8 M €63,7 M €48 M €
Other
Workforce397,6 ETP306,5 ETP224,7 ETP213,6 ETP207,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 51 ended

Active mandates

Alexandre MULE

Managing director · since 01 novembre 2025 · until 28 avril 2027

Active
Christophe PLISSON

Director · since 01 avril 2025 · until 28 avril 2027

Active
Michel DENNEULIN

Director · since 01 avril 2023 · until 28 avril 2027

Active
Arnaud HAQUIN

Chairman of the board of directors · since 14 mars 2023 · until 28 avril 2027

Active
Nicolas COSTER

Director · since 22 avril 2022 · until 31 mars 2025

Active
Ricardo Gentil PEIXOTO DA COSTA

Managing director · since 28 avril 2021 · until 31 octobre 2025

Active

Ended mandates

Nicolas COSTER

Director · since 22 avril 2022 · until 31 mars 2024

Ended
Nicolas COSTER

Director · since 22 avril 2022 · until 28 avril 2027

Ended
François KURT

Director · since 28 avril 2021 · until 22 avril 2022

Ended
François PLANAUD

Chairman of the board of directors · since 28 avril 2021 · until 13 mars 2023

Ended

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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 date07/05/202604/06/202529/05/202408/05/202324/05/202225/05/2021
General meeting29/04/202630/04/202508/05/202426/04/202311/05/202228/04/2021
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 model31/12/202529/04/202607/05/2026DutchPDF
Full model31/12/202529/04/202607/05/2026FrenchPDF
Full model31/12/202430/04/202504/06/2025DutchPDF
Full model31/12/202430/04/202504/06/2025FrenchPDF
Full model31/12/202308/05/202429/05/2024DutchPDF
Full model31/12/202308/05/202429/05/2024FrenchPDF
Full model31/12/202226/04/202308/05/2023DutchPDF
Full model31/12/202226/04/202308/05/2023FrenchPDF
Full model31/12/202111/05/202224/05/2022FrenchPDF
Full model31/12/202111/05/202224/05/2022DutchPDF
Full model31/12/202028/04/202125/05/2021DutchPDF
Full model31/12/202028/04/202125/05/2021FrenchPDF
Full model31/12/201929/04/202011/05/2020DutchPDF
Full model31/12/201929/04/202011/05/2020FrenchPDF
Full model31/12/201824/04/201907/05/2019FrenchPDF
Full model31/12/201824/04/201907/05/2019DutchPDF
Full model31/12/201725/04/201815/05/2018FrenchPDF
Full model31/12/201725/04/201815/05/2018DutchPDF
Full model31/12/201626/04/201716/05/2017DutchPDF
Full model31/12/201626/04/201716/05/2017FrenchPDF
Full model31/12/201527/04/201618/05/2016FrenchPDF
Full model31/12/201527/04/201618/05/2016DutchPDF
Full model31/12/201429/04/201518/05/2015DutchPDF
Full model31/12/201429/04/201518/05/2015FrenchPDF

View all 40 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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

6 active · 51 ended

Active mandates

Alexandre MULE

Managing director · since 01 novembre 2025 · until 28 avril 2027

Active
Christophe PLISSON

Director · since 01 avril 2025 · until 28 avril 2027

Active
Michel DENNEULIN

Director · since 01 avril 2023 · until 28 avril 2027

Active
Arnaud HAQUIN

Chairman of the board of directors · since 14 mars 2023 · until 28 avril 2027

Active
Nicolas COSTER

Director · since 22 avril 2022 · until 31 mars 2025

Active
Ricardo Gentil PEIXOTO DA COSTA

Managing director · since 28 avril 2021 · until 31 octobre 2025

Active

Ended mandates

Nicolas COSTER

Director · since 22 avril 2022 · until 31 mars 2024

Ended
Nicolas COSTER

Director · since 22 avril 2022 · until 28 avril 2027

Ended
François KURT

Director · since 28 avril 2021 · until 22 avril 2022

Ended
François PLANAUD

Chairman of the board of directors · since 28 avril 2021 · until 13 mars 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other03/02/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other20/01/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates17/01/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/03/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/03/2024
    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 2025-900,7 k €↑
  2. 01/11/2025
    nominationAlexandre MULE — Administrateur Délégué
  3. 30/04/2025
    nominationFORVIS MAZARS Réviseurs d'Entreprises-Bedrijfsrevisoren SRL/BV — Commissaire
  4. 16/04/2025
    nominationChristophe PLISSON — Administrateur
  5. 2024
    Annual accounts 2024-1,9 M €↓
  6. 08/05/2024
    nominationGuillaume Vanhollebeke — Commissaire
  7. 2023
    Annual accounts 2023360,3 k €↓
  8. 14/04/2023
    nominationMichel DENNEULIN — Administrateur et président du Conseil d'Administration
  9. 14/04/2023
    nominationArnaud HAQUIN — Administrateur et président du Conseil d'Administration
  10. 2022
    Annual accounts 20221,7 M €↑
  11. 11/05/2022
    nominationMAZARS RÉVISEURS D'ENTREPRISES - BEDRIJFSREVISOREN SRL — Commissaire
  12. 22/04/2022
    nominationNicolas COSTER — Administrateur
  13. 2021
    Annual accounts 20211,5 M €↑
  14. 2020
    Annual accounts 20201,2 M €↑
  15. 2019
    Annual accounts 201937,9 k €↓
  16. 2018
    Annual accounts 20181,6 M €↑
  17. 2014
    Annual accounts 2014193,5 k €↓
  18. 2013
    Annual accounts 2013897,6 k €↑
  19. 2011
    Annual accounts 2011-2,2 M €↑
  20. 2010
    Annual accounts 2010-9 M €↑
  21. 2009
    Annual accounts 2009-9,6 M €↓
  22. 2008
    Annual accounts 2008-897 k €↓
  23. 2007
    Annual accounts 20074 M €↓
  24. 2006
    Annual accounts 20064,1 M €
  25. 10/12/1998
    IncorporationPublic limited company