ACTIVE

Safran Aircraft Engine Services Brussels

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 · 22 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Alexandre MULE
Managing director01/11/2025 → 28/04/2027
Christophe PLISSON
Director01/04/2025 → 28/04/2027
Michel DENNEULIN
Director01/04/2023 → 28/04/2027
Arnaud HAQUIN
Chairman of the board of directors14/03/2023 → 28/04/2027
Nicolas COSTER
Director22/04/2022 → 28/04/2027
Ricardo Gentil PEIXOTO DA COSTA
Managing director03/12/2018 → 28/04/2027

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
François KURT
Director28/04/2021 → 22/04/2022
François PLANAUD
Chairman of the board of directors28/04/2021 → 28/04/2027Director28/04/2021 → 13/03/2023

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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
Full model31/12/201330/04/201415/05/2014DutchPDF
Full model31/12/201330/04/201415/05/2014FrenchPDF
Full model31/12/201224/04/201315/05/2013DutchPDF
Full model31/12/201224/04/201315/05/2013FrenchPDF
Full model31/12/201125/04/201221/05/2012DutchPDF
Full model31/12/201125/04/201221/05/2012FrenchPDF
Full model31/12/201027/04/201117/05/2011FrenchPDF
Full model31/12/201027/04/201117/05/2011DutchPDF
Full model31/12/200908/04/201007/05/2010FrenchPDF
Full model31/12/200908/04/201007/05/2010DutchPDF
Full model31/12/200809/04/200915/05/2009FrenchPDF
Full model31/12/200809/04/200915/05/2009DutchPDF
Full model31/12/200725/04/200825/06/2008FrenchPDF
Full model31/12/200725/04/200825/06/2008DutchPDF
Full model31/12/200612/04/200711/05/2007DutchPDF
Full model31/12/200612/04/200711/05/2007FrenchPDF

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 · 22 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Alexandre MULE
Managing director01/11/2025 → 28/04/2027
Christophe PLISSON
Director01/04/2025 → 28/04/2027
Michel DENNEULIN
Director01/04/2023 → 28/04/2027
Arnaud HAQUIN
Chairman of the board of directors14/03/2023 → 28/04/2027
Nicolas COSTER
Director22/04/2022 → 28/04/2027
Ricardo Gentil PEIXOTO DA COSTA
Managing director03/12/2018 → 28/04/2027

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
François KURT
Director28/04/2021 → 22/04/2022
François PLANAUD
Chairman of the board of directors28/04/2021 → 28/04/2027Director28/04/2021 → 13/03/2023

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

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings16 filings
Mandates
Alexandre MULE
Christophe PLISSON
Michel DENNEULIN
Arnaud HAQUIN
Nicolas COSTER
Ricardo Gentil PEIXOTO DA COSTA
François KURT
François PLANAUD
Janet DEKKER
Bruno MICHEL
Sabine LOPEZ-HAMAN
Sabine Haman-Lopez
and 16 more mandates
199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027
Safran Aircraft Engine Services Brussels
Rue du Congrès 35, 1000 Brussels
Managing director
Director
Director
Chairman of the board of directors
Director
Managing director
Director
DirectorChairman of the board of directors
Director
Managing director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue du Congrès 35, 1000 BrusselsCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00106686

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Safran Aircraft Engine Services BrusselsCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00106686

Events

  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