ACTIVE

Sabena Aerospace Engineering

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Financial year 2025 · Closed on 31/12/2025

Net result7,8 M €+28,0 %over 1 year

Revenue117,3 M €-6,1 %over 1 year

Equity26,8 M €+41,1 %over 1 year

Workforce621,1 ETP+3,7 %over 1 year

Identity

Source · BCE/KBO

Sabena Aerospace Engineering is a Public limited company incorporated in 1999. Its main activity is: Manufacture of air and spacecraft and related machinery. Its registered office is in Woluwe-Saint-Lambert. It employs on average 621,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0465.150.137
Incorporation: 13/01/1999
Legal form: Public limited company
Registered office: Avenue Emmanuel Mounier 2
1200 Woluwe-Saint-Lambert · BruxellesSee on map
Contributed capital: 10 146 307,34 €
Latest accounts: 31/12/2025
Average workforce: 621,1 ETP

Activities (NACE)

30300Manufacture of air and spacecraft and related machinery· main 30310Manufacture of air and spacecraft and related machinery 33160Repair and maintenance of aircraft and spacecraft 33160Repair and maintenance of aircraft and spacecraft 35300Steam and air conditioning supply 52230Service activities incidental to air transportation+2

Joint committees (1)

31501

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 68 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	117,3 M €	-6.1%	124,9 M €	+30.5%	95,7 M €	-2.6%	98,3 M €	+152%	38,9 M €
EBITDA	15,6 M €	+9.5%	14,2 M €	+159%	5,5 M €	+211%	-5 M €	-212%	4,4 M €
Operating result	10,8 M €	+7.3%	10,1 M €	+279%	2,7 M €	+138%	-7 M €	-177%	-2,5 M €
Net result	7,8 M €	+28.0%	6,1 M €	+344%	1,4 M €	+117%	-8,2 M €	-169%	-3 M €
Balance sheet
Equity	26,8 M €	+41.1%	19 M €	+47.3%	12,9 M €	+11.9%	11,5 M €	+54.4%	7,5 M €
Total assets	146,7 M €	+17.5%	124,8 M €	+7.8%	115,7 M €	-10.1%	128,7 M €	+87.7%	68,6 M €
Cash	19,4 M €	+23.2%	15,7 M €	+190%	5,4 M €	-61.5%	14,1 M €	+47.9%	9,5 M €
Debts	118,2 M €	+13.6%	104,1 M €	+3.6%	100,5 M €	-9.4%	110,9 M €	+95.8%	56,7 M €
Other
Workforce	621,1 ETP	+3.7%	599,0 ETP	-1.8%	609,9 ETP	+0.7%	605,7 ETP	+114%	283,0 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

8 active · 17 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT0253.445.063Represented by TOM FEYS	Bestuurder31/12/2025 → 28/05/2026Director11/01/2016 → 28/05/2026
B GLOBAL MANAGEMENT0552.883.667Represented by STEPHANE BURTON	Gedelegeerd bestuurder23/05/2025 → 23/05/2031Managing director28/05/2014 → 23/05/2031Bestuurder23/05/2019 → 2023 accountsended
ERIK VAN OCKENBURG	Bestuurder28/06/2024 → 31/12/2029Director28/06/2024 → 31/12/2029
KOENRAAD VAN LOO	Bestuurder28/06/2024 → 31/12/2029Director28/06/2024 → 31/12/2029
SERGIO CALANDRI	Bestuurder17/06/2020 → 31/12/2029Director17/06/2020 → 31/12/2029
AND ONE MANAGEMENT0758.517.630Represented by Olivier HENIN	Director27/11/2020 → 28/05/2026Bestuurder27/11/2020 → 28/05/2026
MARC ROCHET	Bestuurder22/10/2020 → 28/05/2026Director22/10/2020 → 28/05/2026
TOM FEYS	Bestuurder17/06/2020 → 28/05/2026Director17/06/2020 → 28/05/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Shipset70724.680.961Represented by Thibauld JONGEN	Director17/06/2020 → 2022 accountsBestuurder17/06/2020 → 2023 accounts
Jose Ignacio BELTRAN TAURA	Director23/05/2019 → 17/06/2020

Other companies at this address

Avenue Emmanuel Mounier 2 1200 Woluwe-Saint-Lambert

Company	CBE no.
FONDS SOCIAL SABENA - Groupes a Risque - SOCIAAL FONDS SABENA -Risicogroepen● Active	0448.654.890
H27● Active	0800.394.411
JK INVEST● Active	0838.758.406
New Hof Ter Musschen● Active	0773.492.549
NEWPOINT AVIATION● Active	0452.099.083
Orizio● Active	0748.658.173
SABENA● Bankrupt	0403.457.543
Sabena Building● Active	0453.161.630
SABENA HOTELS● Active	0400.498.746

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/06/2026	07/07/2025	17/07/2024	09/07/2024	15/07/2022	07/07/2021
General meeting	28/05/2026	28/05/2025	27/06/2024	21/06/2023	16/06/2022	17/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 68 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	28/05/2026	24/06/2026	Dutch	PDF
Full model	31/12/2025	28/05/2026	24/06/2026	French	PDF
Full model	31/12/2024	28/05/2025	07/07/2025	Dutch	PDF
Full model	31/12/2024	28/05/2025	07/07/2025	French	PDF
Full model	31/12/2023	27/06/2024	17/07/2024	French	PDF
Full model	31/12/2023	27/06/2024	17/07/2024	Dutch	PDF
Full modelCorrection	31/12/2022	21/06/2023	09/07/2024	Dutch	PDF
Full modelCorrection	31/12/2022	21/06/2024	09/07/2024	French	PDF
Full model	31/12/2022	30/06/2023	31/07/2023	Dutch	PDF
Full model	31/12/2022	30/06/2023	31/07/2023	French	PDF
Full model	31/12/2021	16/06/2022	15/07/2022	French	PDF
Full model	31/12/2021	16/06/2022	15/07/2022	Dutch	PDF
Full model	31/12/2020	17/06/2021	07/07/2021	Dutch	PDF
Full model	31/12/2020	17/06/2021	07/07/2021	French	PDF
Full model	31/12/2019	28/05/2020	16/06/2020	French	PDF
Full model	31/12/2019	28/05/2020	16/06/2020	Dutch	PDF
Consolidated accounts	31/12/2019	28/05/2020	16/06/2020	Dutch	PDF
Consolidated accounts	31/12/2019	28/05/2020	16/06/2020	French	PDF
Full model	31/12/2018	23/05/2019	18/06/2019	Dutch	PDF
Full model	31/12/2018	23/05/2019	18/06/2019	French	PDF
Consolidated accounts	31/12/2018	23/05/2019	18/06/2019	Dutch	PDF
Consolidated accounts	31/12/2018	23/05/2019	18/06/2019	French	PDF
Full model	31/12/2017	06/06/2018	18/07/2018	Dutch	PDF
Full model	31/12/2017	06/06/2018	18/07/2018	French	PDF

View all 68 filings

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

8 active · 17 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT0253.445.063Represented by TOM FEYS	Bestuurder31/12/2025 → 28/05/2026Director11/01/2016 → 28/05/2026
B GLOBAL MANAGEMENT0552.883.667Represented by STEPHANE BURTON	Gedelegeerd bestuurder23/05/2025 → 23/05/2031Managing director28/05/2014 → 23/05/2031Bestuurder23/05/2019 → 2023 accountsended
ERIK VAN OCKENBURG	Bestuurder28/06/2024 → 31/12/2029Director28/06/2024 → 31/12/2029
KOENRAAD VAN LOO	Bestuurder28/06/2024 → 31/12/2029Director28/06/2024 → 31/12/2029
SERGIO CALANDRI	Bestuurder17/06/2020 → 31/12/2029Director17/06/2020 → 31/12/2029
AND ONE MANAGEMENT0758.517.630Represented by Olivier HENIN	Director27/11/2020 → 28/05/2026Bestuurder27/11/2020 → 28/05/2026
MARC ROCHET	Bestuurder22/10/2020 → 28/05/2026Director22/10/2020 → 28/05/2026
TOM FEYS	Bestuurder17/06/2020 → 28/05/2026Director17/06/2020 → 28/05/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Shipset70724.680.961Represented by Thibauld JONGEN	Director17/06/2020 → 2022 accountsBestuurder17/06/2020 → 2023 accounts
Jose Ignacio BELTRAN TAURA	Director23/05/2019 → 17/06/2020

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates30/06/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates29/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/04/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates16/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/03/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates06/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/06/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates06/06/2025
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

Filings18 filings

Mandates

SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

B GLOBAL MANAGEMENT

ERIK VAN OCKENBURG

KOENRAAD VAN LOO

SERGIO CALANDRI

AND ONE MANAGEMENT

MARC ROCHET

TOM FEYS

Shipset7

Jose Ignacio BELTRAN TAURA

Olivier HENIN

BETRIX

Show the 13 other mandates

199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

Sabena Aerospace EngineeringSABENA TECHNICS BRU

Avenue Emmanuel Mounier 2, 1200 Woluwe-Saint-Lambert

Director

Gedelegeerd bestuurderManaging directorBestuurder

BestuurderDirector

DirectorBestuurder

Director

Chairman of the board of directors

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue Emmanuel Mounier 2, 1200 Woluwe-Saint-LambertCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00215252

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Sabena Aerospace EngineeringCurrent	accounts 2014 → 2025	Accounts 2025 · 2026-00215252
SABENA TECHNICS BRUSSELS	accounts 2013	Accounts 2013 · 2014-14200099
SABENA TECHNICS BRU	accounts 2008 → 2012	Accounts 2012 · 2013-30200102

Events

28/05/2026
reconductionTom Feys · administrateur (représentant permanent de SFPIM SA)
28/05/2026
reconductionMarc Rochet · administrateur
28/05/2026
reconductionOlivier Henin · administrateur (représentant permanent de And One Management SRL)
28/05/2026
reconductionTom Feys · bestuurder (vertegenwoordiger van SFPIM NV)
28/05/2026
reconductionMarc Rochet · bestuurder
28/05/2026
reconductionOlivier Henin · bestuurder (vertegenwoordiger van And One Management BV)
22/03/2026
nominationVanessa Cordonnier · représentant permanent de KPMG Réviseurs d'entreprise
22/03/2026
nominationVanessa Cordonnier · vaste vertegenwoordiger van KPMG Bedrijfsrevisoren
31/12/2025
nominationSFPIM SA · administrateur
31/12/2025
nominationFederale Participatie- en Investeringsmaatschappij NV · bestuurder
2025
Annual accounts 20257,8 M €↑
21/05/2025
reconductionSRL B-Global Management · administrateur
21/05/2025
reconductionB-Global Management BV · bestuurder
2024
Annual accounts 20246,1 M €↑
25/09/2024
nominationKPMG Bedrijfsrevisoren BV/SRL · commissaris
25/09/2024
nominationKPMG Réviseurs d'Entreprises BV/SRL · commissaire
25/09/2024
nominationXavier Nys · représentant permanent
28/06/2024
nominationKoenraad Van Loo · bestuurder van Categorie B
28/06/2024
nominationSergio Calandri · onafhankelijke bestuurder
28/06/2024
nominationErik van Ockenburg · onafhankelijke bestuurder
28/06/2024
nominationKoenraad Van Loo · administrateur de Catégorie B
28/06/2024
nominationSergio Calandri · administrateur indépendant
28/06/2024
nominationErik van Ockenburg · administrateur indépendant
29/02/2024
augmentation_capital
2023
Annual accounts 20231,4 M €↑
2022
Annual accounts 2022-8,2 M €↓
30/06/2022
reduction_capital
01/01/2022
apport
2021
Annual accounts 2021-3 M €↑
2020
Annual accounts 2020-8,5 M €↓
2019
Annual accounts 2019-91,1 k €↓
2018
Annual accounts 2018131,2 k €↑
2017
Annual accounts 2017-218,5 k €↓
2016
Annual accounts 20162,4 M €↑
2015
Annual accounts 2015-133,4 k €↑
2014
Annual accounts 2014-1,1 M €↑
2014
Name changeSabena Aerospace Engineering
2013
Annual accounts 2013-3,8 M €↑
2013
Name changeSABENA TECHNICS BRUSSELS
2012
Annual accounts 2012-21,6 M €↓
2011
Annual accounts 2011-3 M €↓
2010
Annual accounts 2010-517,3 k €↑
2009
Annual accounts 2009-17,5 M €↓
2008
Annual accounts 2008-12,8 M €
13/01/1999
IncorporationPublic limited company

Sabena Aerospace Engineering

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events