NORMAL SITUATION

DRAGER SAFETY BELGIUM

Company — Normal situation.

Financial year 2024 · Closed on 31/12/2024

Net result1,3 M €-59,5 %over 1 year
Revenue29,5 M €+8,5 %over 1 year
Equity7,8 M €+20,0 %over 1 year
Workforce68,2 ETP+3,6 %over 1 year

Identity

Source · BCE/KBO

DRAGER SAFETY BELGIUM is a company registered in Belgium. It employs on average 68,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0476.476.173
Legal form
Public limited company
Contributed capital
789 000,00 €
Latest accounts
31/12/2024
Average workforce
68,2 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 24 filings

Trend over 17 financial years

20242023202120202018
Income statement
Revenue29,5 M €27,2 M €23,5 M €23,4 M €20,4 M €
EBITDA2,2 M €2,2 M €843,9 k €1,3 M €1,1 M €
Operating result1,3 M €1,6 M €876,6 k €1,3 M €1,2 M €
Net result1,3 M €3,2 M €612,3 k €957,4 k €778,2 k €
Balance sheet
Equity7,8 M €6,5 M €4 M €3,9 M €3,3 M €
Total assets25,2 M €21,2 M €15,3 M €14,6 M €13 M €
Cash409,5 k €394,9 k €2 M €1,5 M €1,6 M €
Debts16 M €13,3 M €9,8 M €9,2 M €7,6 M €
Other
Workforce68,2 ETP65,8 ETP60,3 ETP57,6 ETP45,4 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 20 ended

Active mandates

Thomas Engler

Chairman of the board of directors · since 15 mai 2023 · until 28 mai 2029

Active
Wim Debel

Managing director · since 15 mai 2023 · until 28 mai 2029

Active

Ended mandates

Thomas Engler

Chairman of the board of directors · since 22 février 2016 · until 21 mai 2018

Ended
Thomas Engler

Chairman of the board of directors · since 22 février 2016 · until 28 mai 2018

Ended
Thomas Engler

Chairman of the board of directors · since 22 février 2016 · until 22 mai 2023

Ended
Michael Karsta

Chairman of the board of directors · since 01 août 2015 · until 21 février 2016

Ended

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 date30/06/202525/06/202413/06/202328/10/202216/06/202112/06/2020
General meeting26/05/202527/05/202422/05/202323/05/202225/05/202125/05/2020
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, 24 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202426/05/202530/06/2025DutchPDF
Full model31/12/202327/05/202425/06/2024DutchPDF
Full model31/12/202222/05/202313/06/2023DutchPDF
Full modelCorrection31/12/202123/05/202228/10/2022DutchPDF
Full model31/12/202123/05/202217/06/2022DutchPDF
Full model31/12/202025/05/202116/06/2021DutchPDF
Full model31/12/201925/05/202012/06/2020DutchPDF
Full model31/12/201827/05/201919/06/2019DutchPDF
Full model31/12/201728/05/201827/06/2018DutchPDF
Full model31/12/201622/05/201719/06/2017DutchPDF
Full model31/12/201523/05/201621/06/2016DutchPDF
Full model31/12/201425/05/201526/05/2015DutchPDF
Full model31/12/201326/05/201427/05/2014DutchPDF
Full model31/12/201227/05/201310/06/2013DutchPDF
Full model31/12/201129/05/201230/05/2012DutchPDF
Full model31/12/201023/05/201114/06/2011DutchPDF
Full model31/12/200925/05/201010/06/2010DutchPDF
Full model31/12/200825/05/200908/06/2009DutchPDF
Full model31/12/200726/05/200827/06/2008DutchPDF
Full model31/12/200629/05/200707/06/2007DutchPDF
Full model31/12/200522/05/200631/05/2006DutchPDF
Full model31/12/200423/05/200517/06/2005DutchPDF
Full model31/12/200324/05/200422/06/2004DutchPDF
Full model31/12/200226/05/200323/06/2003DutchPDF

Indicative valuation

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.

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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 31/12/2024

2 active · 20 ended

Active mandates

Thomas Engler

Chairman of the board of directors · since 15 mai 2023 · until 28 mai 2029

Active
Wim Debel

Managing director · since 15 mai 2023 · until 28 mai 2029

Active

Ended mandates

Thomas Engler

Chairman of the board of directors · since 22 février 2016 · until 21 mai 2018

Ended
Thomas Engler

Chairman of the board of directors · since 22 février 2016 · until 28 mai 2018

Ended
Thomas Engler

Chairman of the board of directors · since 22 février 2016 · until 22 mai 2023

Ended
Michael Karsta

Chairman of the board of directors · since 01 août 2015 · until 21 février 2016

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution24/06/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates13/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring15/04/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates12/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares01/07/2024
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares01/07/2024
    KAPITAAL - AANDELEN
    PDF
  • Mandates14/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

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Timeline

  1. 2024
    Annual accounts 20241,3 M €↓
  2. 2023
    Annual accounts 20233,2 M €↑
  3. 2021
    Annual accounts 2021612,3 k €↓
  4. 2020
    Annual accounts 2020957,4 k €↑
  5. 2018
    Annual accounts 2018778,2 k €↑
  6. 2017
    Annual accounts 2017503,6 k €↓
  7. 2016
    Annual accounts 2016897,3 k €↑
  8. 2015
    Annual accounts 2015430,7 k €↓
  9. 2014
    Annual accounts 2014648,6 k €↓
  10. 2013
    Annual accounts 20131,3 M €↓
  11. 2012
    Annual accounts 20122,4 M €↑
  12. 2011
    Annual accounts 20112 M €↓
  13. 2010
    Annual accounts 20102,1 M €↓
  14. 2009
    Annual accounts 20092,3 M €↑
  15. 2008
    Annual accounts 20081,8 M €↑
  16. 2007
    Annual accounts 20071,4 M €↓
  17. 2006
    Annual accounts 20062,3 M €