ACTIVE

TECHNICAL AIRBORNE COMPONENTS INDUSTRIES

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Financial year 2025 · Closed on 31/12/2025

Net result2,4 M €-0,4 %over 1 year

Revenue43,2 M €+37,7 %over 1 year

Equity22,3 M €+31,0 %over 1 year

Workforce199,6 ETP+23,2 %over 1 year

Identity

Source · BCE/KBO

TECHNICAL AIRBORNE COMPONENTS INDUSTRIES is a Private limited company incorporated in 2001. Its main activity is: Manufacture of air and spacecraft and related machinery. Its registered office is in Herstal. It employs on average 199,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0475.197.357
Incorporation: 10/07/2001
Legal form: Private limited company
Registered office: Rue des Alouettes 141
4041 Herstal · WallonieSee on map
Contributed capital: 4 820 460,00 €
Latest accounts: 31/12/2025
Average workforce: 199,6 ETP

Activities (NACE)

30300Manufacture of air and spacecraft and related machinery· main 30310Manufacture of air and spacecraft and related machinery 35300Steam and air conditioning supply

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 19 financial years

	2025		2023		2022		2021		2020
Income statement
Revenue	43,2 M €	+37.7%	31,4 M €	-8.1%	34,2 M €	+6.1%	32,2 M €	+4.8%	30,7 M €
EBITDA	1,7 M €	-66.6%	5 M €	-28.4%	7 M €	+33.2%	5,3 M €	+19.9%	4,4 M €
Operating result	4 M €	+60.8%	2,5 M €	-41.0%	4,2 M €	+16.9%	3,6 M €	+27.6%	2,8 M €
Net result	2,4 M €	-0.4%	2,4 M €	-31.5%	3,5 M €	+14.3%	3 M €	+67.9%	1,8 M €
Balance sheet
Equity	22,3 M €	+31.0%	17,1 M €	-49.5%	33,8 M €	+11.4%	30,3 M €	+34.9%	22,5 M €
Total assets	37,1 M €	-54.2%	81,1 M €	+33.7%	60,7 M €	+66.5%	36,4 M €	+22.9%	29,6 M €
Cash	4,4 M €	+171%	1,6 M €	-43.1%	2,8 M €	-14.0%	3,3 M €	-62.2%	8,7 M €
Debts	13,6 M €	-77.7%	60,8 M €	+141%	25,2 M €	+316%	6,1 M €	-14.3%	7,1 M €
Other
Workforce	199,6 ETP	+23.2%	162,0 ETP	-6.8%	173,8 ETP	+3.8%	167,4 ETP	-10.6%	187,3 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 31/12/2023

2 active · 15 ended

Last known composition, from the accounts closed on 31/12/2023, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Director	Mandates in this company	Period
Grégoire Huttner	Director31/05/2022 → 31/05/2028
Hervé Blanchard	Director31/05/2022 → 31/05/2028

Ended mandates

Director	Mandates in this company	Period
Patrick Delcourt	Personne déléguée à la gestion journalière28/06/2022 → 2022 accounts
Liza Sabol	Manager01/09/2019 → 27/04/2021
James L. Skulina	Manager02/01/2018 → 01/09/2019

Other companies at this address

Rue des Alouettes 141 4041 Herstal

Company	CBE no.
LATFI2● Active	1031.464.643

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	01/10/2020	01/10/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	15 months	12 months
Filing date	10/06/2026	02/07/2025	08/08/2024	11/09/2023	27/07/2022	24/03/2021
General meeting	01/06/2026	23/06/2025	03/07/2024	07/07/2023	06/06/2022	01/02/2021
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, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	01/06/2026	10/06/2026	French	PDF
Full model	31/12/2024	23/06/2025	02/07/2025	French	PDF
Full model	31/12/2023	03/07/2024	08/08/2024	French	PDF
Full model	31/12/2022	07/07/2023	11/09/2023	French	PDF
Full model	31/12/2021	06/06/2022	27/07/2022	French	PDF
Full model	30/09/2020	01/02/2021	24/03/2021	French	PDF
Full modelCorrection	30/09/2019	03/02/2020	07/04/2021	French	PDF
Full model	30/09/2019	03/02/2020	10/03/2020	French	PDF
Full model	30/09/2018	04/02/2019	13/03/2019	French	PDF
Full model	30/09/2017	05/02/2018	16/05/2018	French	PDF
Full model	30/09/2016	06/02/2017	23/03/2017	French	PDF
Full model	30/09/2015	15/03/2016	27/09/2016	French	PDF
Full model	30/09/2014	02/03/2015	22/12/2015	French	PDF
Full model	30/09/2013	03/03/2014	02/09/2014	French	PDF
Full model	30/09/2012	25/02/2013	12/03/2013	French	PDF
Full model	30/09/2011	06/02/2012	13/06/2012	French	PDF
Full model	31/12/2010	14/06/2011	19/10/2011	French	PDF
Full model	31/12/2009	03/05/2010	11/08/2010	French	PDF
Full model	31/12/2008	04/05/2009	03/06/2009	French	PDF
Full model	31/12/2007	05/05/2008	02/06/2008	French	PDF
Full model	31/12/2006	07/05/2007	05/07/2007	French	PDF

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 31/12/2023

2 active · 15 ended

Last known composition, from the accounts closed on 31/12/2023, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Director	Mandates in this company	Period
Grégoire Huttner	Director31/05/2022 → 31/05/2028
Hervé Blanchard	Director31/05/2022 → 31/05/2028

Ended mandates

Director	Mandates in this company	Period
Patrick Delcourt	Personne déléguée à la gestion journalière28/06/2022 → 2022 accounts
Liza Sabol	Manager01/09/2019 → 27/04/2021
James L. Skulina	Manager02/01/2018 → 01/09/2019

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates13/10/2026
Nominations - Démissions
PDF
Mandates06/05/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates24/03/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates11/05/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates16/03/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates19/07/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates19/07/2022
DEMISSIONS, NOMINATIONS
PDF
Other08/10/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
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

Filings19 filings

Mandates

Grégoire Huttner

Hervé Blanchard

Patrick Delcourt

Liza Sabol

James L. Skulina

Terrance PARADIE

Dirk Dhooge

Jorge Luis Valladares III

Raymond LAUBENTHAL

Gregory Rufus

Richard Zalac

Charles Dirkson

Show the 5 other mandates

2001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

TECHNICAL AIRBORNE COMPONENTS INDUSTRIES

Rue des Alouettes 141, 4041 Vottem

Director

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue des Alouettes 141, 4041 VottemCurrent	accounts 2021 → 2023	Accounts 2023 · 2024-00340281

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
TECHNICAL AIRBORNE COMPONENTS INDUSTRIESCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00153708

Events

2025
Annual accounts 20252,4 M €↓
01/01/2025
reconductionKPMG Réviseurs d'Entreprises SRL · commissaire
01/09/2024
nominationJosé Galindo Gomez · administrateur
01/07/2024
nominationThierry Schoofs · représentant permanent de la société KPMG Réviseurs d'Entreprises BV/SRL, commissaire
17/05/2024
nominationGuillaume Pichery · délégué à la gestion journalière
2023
Annual accounts 20232,4 M €↓
01/01/2023
reconductionPatrick Delcourt · délégué à la gestion journalière
2022
Annual accounts 20223,5 M €↑
10/11/2022
nominationKPMG Réviseurs d'Entreprises BV/SRL · Commissaire
10/11/2022
nominationMichael Focant · représentant permanent
01/06/2022
nominationPatrick Delcourt · délégué à la gestion journalière
31/05/2022
nominationGreg Huttner · administrateur
31/05/2022
nominationHervé Blanchard · administrateur
2021
Annual accounts 20213 M €↑
2020
Annual accounts 20201,8 M €↓
2019
Annual accounts 20193,5 M €↓
2018
Annual accounts 20183,8 M €↓
2017
Annual accounts 20177,3 M €↑
2016
Annual accounts 20162,6 M €↑
2015
Annual accounts 20152,5 M €↑
2014
Annual accounts 20141,6 M €↓
2013
Annual accounts 20139,4 M €↑
2012
Annual accounts 2012905,5 k €↓
2011
Annual accounts 20111,6 M €↓
2010
Annual accounts 20103,2 M €↑
2009
Annual accounts 20092,6 M €↓
2008
Annual accounts 20084,7 M €↑
2007
Annual accounts 2007-5,4 M €↓
2006
Annual accounts 2006283,7 k €
10/07/2001
IncorporationPrivate limited company

TECHNICAL AIRBORNE COMPONENTS INDUSTRIES

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