ACTIVE

SYLVAMO EUROPE

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Financial year 2022 · Closed on 31/12/2022

Net result564,5 k €-25,6 %over 1 year
Revenue20,5 M €+24,3 %over 1 year
Equity29 M €+2,0 %over 1 year
Workforce15,3 ETP+75,9 %over 1 year

Identity

Source · BCE/KBO

SYLVAMO EUROPE is a Private limited company incorporated in 2001. Its main activity is: Manufacture of paper and paperboard. Its registered office is in Watermael-Boitsfort. It employs on average 15,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0474.030.981
Incorporation
15/02/2001
Legal form
Private limited company
Registered office
Chaussée de La Hulpe 166
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
26 274 165,00 €
Latest accounts
31/12/2022
Average workforce
15,3 ETP
Joint committees (1)
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 19 filings

Trend over 9 financial years

20222021202020182017
Income statement
Revenue20,5 M €16,5 M €730 k €817,3 k €687,5 k €
EBITDA3,9 M €1,3 M €76,7 k €86,3 k €89,4 k €
Operating result3,8 M €1,2 M €76,7 k €86,3 k €89,4 k €
Net result564,5 k €759 k €49,1 k €48,7 k €47,4 k €
Balance sheet
Equity29 M €28,5 M €1,5 M €1,4 M €1,3 M €
Total assets164,6 M €62,7 M €1,7 M €1,6 M €1,6 M €
Cash81,5 M €28,3 M €–––
Debts135,6 M €34,1 M €231,5 k €249,5 k €247,4 k €
Other
Workforce15,3 ETP8,7 ETP3,0 ETP3,0 ETP3,0 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 31/12/2022

6 active · 8 ended

Active mandates

Maciej DEC

Director · since 14 avril 2022

Active
Anna DOROGOSTAISKAIA

Director · since 01 novembre 2021 · until 14 avril 2022

Active
Lorraine VAN EYLL

Director · since 28 juin 2021

Active
Magdalena GUTFRANSKA

Director · since 28 juin 2021

Active
Oliver TAUDIEN

Director · since 28 juin 2021

Active
Gérald DEMETS

Director · since 26 juillet 2019

Active

Ended mandates

Hans Michael BJORKMAN

Director · since 26 juillet 2019 · until 28 juin 2021

Ended
Hans Michael BJORKMAN

Director · since 15 juin 2017

Ended
Hans Michael BJORKMAN

Manager · since 15 juin 2017

Ended
Peggy MAES

Manager · since 19 mai 2014 · until 15 juin 2017

Ended

Other companies at this address

Chaussée de La Hulpe 166 1170 Watermael-Boitsfort
CompanyCBE no.
AdaStone● Active
0761.830.278
AD-BEL SERVICES● Active
0832.240.402
Administratiekantoor Scheldt I● Active
1010.695.656
Administratiekantoor Scheldt II● Active
1010.695.854
ADVOCATENKANTOOR GARREZ JORREN● Active
0644.464.931
ADVOCATENKANTOOR ILHAM IRGIOU● Active
0800.056.691
Afer Pierre Holding Belgium● Active
0783.501.365
AGENCE ET PROMOTION IMMOBILIERES● Active
0415.973.612
AGNES MAQUA● Active
0464.713.043
ALTIMAR● Active
0430.069.987
AMERICAN MANAGEMENT ASSOCIATION EUROPE● Active
0894.813.815
ARTER● Active
0692.924.448
Association des copropriétaires à Watermael-Boitsfort Chaussée de La Hulpe 166● Active
0824.539.194
BARESQUE EUROPE● Active
0722.856.965
BARILLA BELGIUM● Active
0470.995.079
BCH BROKERS● Active
0847.209.084
Belgian Resilience Fund● Active
0778.407.578
BLUEMIND BUSINESS INFORMATION SERVICES● Active
0820.737.685
BRF Management● Active
0778.360.167
BROEKZELE VASTGOED● Active
0641.946.691

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/07/202517/09/202413/07/202328/07/202212/08/202107/09/2020
General meeting30/06/202510/07/202427/06/202328/07/202228/06/202116/06/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202430/06/202518/07/2025FrenchPDF
Full model31/12/202310/07/202417/09/2024FrenchPDF
Full model31/12/202227/06/202313/07/2023FrenchPDF
Full model31/12/202128/07/202228/07/2022FrenchPDF
Full model31/12/202028/06/202112/08/2021FrenchPDF
Full model31/12/201916/06/202007/09/2020FrenchPDF
Full model31/12/201827/06/201901/07/2019FrenchPDF
Full model31/12/201726/06/201827/06/2018FrenchPDF
Full model31/12/201615/06/201710/07/2017FrenchPDF
Full model31/12/201518/07/201626/07/2016FrenchPDF
Full model31/12/201425/06/201507/07/2015FrenchPDF
Full model31/12/201324/06/201425/07/2014FrenchPDF
Full model31/12/201230/05/201308/07/2013FrenchPDF
Full model31/12/201125/06/201216/07/2012FrenchPDF
Full model31/12/201030/06/201125/07/2011FrenchPDF
Full model31/12/200921/06/201030/07/2010FrenchPDF
Full model31/12/200830/06/200914/07/2009FrenchPDF
Full model31/12/200728/11/200817/12/2008FrenchPDF
Full model31/12/200617/09/200726/10/2007FrenchPDF

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 31/12/2022

6 active · 8 ended

Active mandates

Maciej DEC

Director · since 14 avril 2022

Active
Anna DOROGOSTAISKAIA

Director · since 01 novembre 2021 · until 14 avril 2022

Active
Lorraine VAN EYLL

Director · since 28 juin 2021

Active
Magdalena GUTFRANSKA

Director · since 28 juin 2021

Active
Oliver TAUDIEN

Director · since 28 juin 2021

Active
Gérald DEMETS

Director · since 26 juillet 2019

Active

Ended mandates

Hans Michael BJORKMAN

Director · since 26 juillet 2019 · until 28 juin 2021

Ended
Hans Michael BJORKMAN

Director · since 15 juin 2017

Ended
Hans Michael BJORKMAN

Manager · since 15 juin 2017

Ended
Peggy MAES

Manager · since 19 mai 2014 · until 15 juin 2017

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates12/08/2026
    Prise d'acte de la démission d'un administrateur et décision de ne pas
    PDF
  • Mandates04/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Other10/11/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - OBJET
    PDF
  • Mandates15/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/05/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/04/2022
    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. 01/05/2025
    nominationShawn Lawson — administrateur
  2. 01/01/2025
    nominationBarbara Feys — représentant permanent du commissaire
  3. 11/09/2024
    nominationEvgeniia Korneeva — administrateur
  4. 11/07/2024
    reconductionKoen Neijens — commissaire
  5. 02/05/2023
    nominationKrzysztof Rak — administrateur
  6. 02/05/2023
    nominationPaige Lu — administrateur
  7. 2022
    Annual accounts 2022564,5 k €↓
  8. 14/04/2022
    nominationMaciej Dec — administrateur
  9. 2021
    Annual accounts 2021759 k €↑
  10. 2020
    Annual accounts 202049,1 k €↑
  11. 2020
    Name changeSYLVAMO EUROPE
  12. 2018
    Annual accounts 201848,7 k €↑
  13. 2017
    Annual accounts 201747,4 k €↓
  14. 2016
    Annual accounts 2016117,1 k €↓
  15. 2015
    Annual accounts 2015141,1 k €↑
  16. 2014
    Annual accounts 2014107 k €↓
  17. 2013
    Annual accounts 2013176,1 k €
  18. 2013
    Name changeINTERNATIONAL PAPER BENELUX
  19. 15/02/2001
    IncorporationPrivate limited company