ACTIVE

ADVIONICS

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Financial year 2025 · closed on 31/12/2025

Net result

7,6 M €

+30.2% YoY

Revenue

51,5 M €

+17.6% YoY

Equity

11,9 M €

-21.9% YoY

Workforce

189,0 ETP

+9.8% YoY

What does ADVIONICS do?

ADVIONICS is a Public limited company incorporated in 2002. Its main activity is: Manufacture of electronic components. Its registered office is in Oostkamp. It employs on average 189,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0477.143.394

Incorporation

20/03/2002

Legal form

Public limited company

Registered office

Siemenslaan 16
8020 Oostkamp · FlandreSee on map

Contributed capital

3 505 479,00 €

Latest accounts

31/12/2025

Average workforce

189,0 ETP

Activities (NACE)

26110Manufacture of electronic components· main 26110Manufacture of electronic components 26510Manufacture of instruments and appliances for measuring, testing and navigation 26510Manufacture of instruments and appliances for measuring, testing and navigation 32100Manufacture of jewellery, bijouterie and related articles

Joint committees (2)

Contacts

3 public details availableLog in to view

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	51,5 M €	+17.6%	43,8 M €	+17.8%	37,2 M €	+28.2%	29 M €	+1.9%	28,5 M €	+15.6%	24,6 M €	-11.1%	27,7 M €	+28.2%	21,6 M €	+10.4%	19,6 M €	+1.5%	19,3 M €	+1.2%	19 M €	+11.9%	17 M €	-13.9%	19,8 M €	-10.5%	22,1 M €	-18.1%	26,9 M €	-14.4%	31,5 M €	+4.7%	30,1 M €	-0.6%	30,3 M €	+7.5%	28,1 M €	+10.1%	25,6 M €
EBITDA	9,9 M €	+17.8%	8,4 M €	+34.6%	6,2 M €	+110%	3 M €	-20.3%	3,7 M €	+9.9%	3,4 M €	-13.9%	3,9 M €	+46.8%	2,7 M €	+82.3%	1,5 M €	-17.5%	1,8 M €	+1960%	86,5 k €	-67.5%	266,4 k €	+552%	-58,9 k €	-104%	1,6 M €	-51.0%	3,2 M €	-23.5%	4,2 M €	-3.3%	4,4 M €	+57.5%	2,8 M €	+62.7%	1,7 M €	+9.4%	1,6 M €
Operating result	8,5 M €	+15.8%	7,4 M €	+31.0%	5,6 M €	+145%	2,3 M €	-23.5%	3 M €	+12.3%	2,7 M €	-14.8%	3,1 M €	+48.6%	2,1 M €	+163%	802,8 k €	-40.5%	1,3 M €	+363%	-514 k €	+6.4%	-549,3 k €	-5612%	10 k €	-98.8%	842,4 k €	-70.1%	2,8 M €	-17.1%	3,4 M €	+10.3%	3,1 M €	+36.1%	2,3 M €	+82.6%	1,2 M €	+119%	567,4 k €
Net result	7,6 M €	+30.2%	5,9 M €	+23.9%	4,7 M €	+181%	1,7 M €	-18.1%	2,1 M €	+13.2%	1,8 M €	-20.2%	2,3 M €	+53.3%	1,5 M €	+175%	538,1 k €	-37.8%	865,2 k €	+4483%	18,9 k €	-96.4%	517,9 k €	+803%	57,4 k €	-92.3%	741,8 k €	-55.9%	1,7 M €	-29.2%	2,4 M €	+6.6%	2,2 M €	+61.6%	1,4 M €	+102%	683 k €	+89.4%	360,7 k €
Balance sheet
Equity	11,9 M €	-21.9%	15,2 M €	+36.4%	11,2 M €	+22.2%	9,1 M €	+5.5%	8,7 M €	+10.9%	7,8 M €	+8.5%	7,2 M €	-35.7%	11,2 M €	+15.3%	9,7 M €	+5.9%	9,2 M €	-12.3%	10,5 M €	+0.2%	10,4 M €	-27.6%	14,4 M €	+0.4%	14,4 M €	+5.4%	13,6 M €	+14.1%	11,9 M €	+24.8%	9,6 M €	+30.3%	7,3 M €	+23.1%	6 M €	+12.9%	5,3 M €
Total assets	50,9 M €	+13.0%	45 M €	+18.9%	37,9 M €	+37.3%	27,6 M €	+18.7%	23,2 M €	+9.0%	21,3 M €	+3.0%	20,7 M €	-2.4%	21,2 M €	+7.0%	19,8 M €	+33.3%	14,9 M €	+6.2%	14 M €	-1.6%	14,2 M €	-24.5%	18,8 M €	-3.2%	19,5 M €	-0.6%	19,6 M €	+8.6%	18 M €	+10.6%	16,3 M €	+13.9%	14,3 M €	-10.7%	16 M €	+16.7%	13,8 M €
Cash	3,7 M €	-27.9%	5,1 M €	+79.3%	2,9 M €	-19.7%	3,6 M €	+19.8%	3 M €	+117%	1,4 M €	+19.2%	1,2 M €	-56.7%	2,7 M €	-25.3%	3,6 M €	+253%	1 M €	-14.8%	1,2 M €	-61.7%	3,1 M €	-57.6%	7,3 M €	+14.0%	6,4 M €	-4.4%	6,7 M €	+67.8%	4 M €	+496%	670,7 k €	+159%	259,1 k €	-23.7%	339,7 k €	+0.2%	339,1 k €
Debts	38,9 M €	+31.4%	29,6 M €	+11.7%	26,5 M €	+45.5%	18,2 M €	+26.8%	14,4 M €	+8.3%	13,3 M €	+1.8%	13 M €	+37.8%	9,5 M €	+3.5%	9,1 M €	+111%	4,3 M €	+78.9%	2,4 M €	+31.9%	1,8 M €	-28.4%	2,6 M €	-5.7%	2,7 M €	-8.8%	3 M €	+13.8%	2,6 M €	-11.1%	2,9 M €	-14.6%	3,4 M €	-47.1%	6,5 M €	+32.5%	4,9 M €
Other
Workforce	189,0 ETP	+9.8%	172,2 ETP	+6.0%	162,5 ETP	+1.6%	160,0 ETP	+3.5%	154,6 ETP	+4.0%	148,7 ETP	+1.3%	146,8 ETP	+5.1%	139,7 ETP	+3.1%	135,5 ETP	+0.7%	134,5 ETP	-2.2%	137,5 ETP	-2.6%	141,1 ETP	-4.5%	147,8 ETP	-5.7%	156,8 ETP	-9.2%	172,6 ETP	-5.7%	183,1 ETP	+5.5%	173,5 ETP	-1.0%	175,2 ETP	+1.7%	172,2 ETP	-1.3%	174,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2022 · 3 active · 32 ended

Active mandates

WISSA

Director · since 31 janvier 2023 · until 31 mars 2025 · 0841.368.991

Represented by Wim De Naeyer

Active

INTERSOFT ELECTRONICS GROUP

Director · since 25 mars 2019 · until 31 mars 2025 · 0468.557.807

Represented by Thorsten Oelgart

Active

Jan Bonte

Director · since 25 mars 2019 · until 31 mars 2025

Active

Ended mandates

Nico Strynck

Director · since 25 mars 2019 · until 31 mars 2025

Ended

Jan BONTE

Director · since 29 mars 2016 · until 25 mars 2019

Ended

Nico Strynck

Director · since 29 mars 2016 · until 25 mars 2019

Ended

Septem International Consulting Services BVBA

Director · since 29 mars 2016 · until 25 mars 2019 · 0809.050.076

Represented by Johnny Zeven

Ended

Annual accounts

Full financial information

	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	21/04/2026	30/05/2025	13/09/2024	20/09/2023	10/05/2022	17/05/2021
General meeting	30/03/2026	31/03/2025	25/03/2024	27/03/2023	28/03/2022	29/03/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/03/2026	21/04/2026	Dutch	PDF
Full model	31/12/2024	31/03/2025	30/05/2025	Dutch	PDF
Full modelCorrection	31/12/2023	25/03/2024	13/09/2024	Dutch	PDF
Full model	31/12/2023	25/03/2024	27/05/2024	Dutch	PDF
Full model	31/12/2022	27/03/2023	20/09/2023	Dutch	PDF
Full model	31/12/2021	28/03/2022	10/05/2022	Dutch	PDF
Full model	31/12/2020	29/03/2021	17/05/2021	Dutch	PDF
Full model	31/12/2019	27/10/2020	28/10/2020	Dutch	PDF
Full model	31/12/2018	25/03/2019	21/06/2019	Dutch	PDF
Full model	31/12/2017	26/03/2018	20/04/2018	Dutch	PDF
Full model	31/12/2016	27/03/2017	19/04/2017	Dutch	PDF
Full model	31/12/2015	29/03/2016	03/06/2016	Dutch	PDF
Full model	31/12/2014	30/03/2015	21/05/2015	Dutch	PDF
Full model	31/12/2013	31/03/2014	22/05/2014	Dutch	PDF
Full model	31/12/2012	25/03/2013	17/04/2013	Dutch	PDF
Full model	31/12/2011	26/03/2012	23/04/2012	Dutch	PDF
Full model	31/12/2010	28/03/2011	13/04/2011	Dutch	PDF
Full model	31/12/2009	29/03/2010	21/04/2010	Dutch	PDF
Full model	31/12/2008	30/03/2009	30/04/2009	Dutch	PDF
Full model	31/12/2007	31/03/2008	24/04/2008	Dutch	PDF
Full model	31/12/2006	26/03/2007	26/06/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2022 · 3 active · 32 ended

Active mandates

WISSA

Director · since 31 janvier 2023 · until 31 mars 2025 · 0841.368.991

Represented by Wim De Naeyer

Active

INTERSOFT ELECTRONICS GROUP

Director · since 25 mars 2019 · until 31 mars 2025 · 0468.557.807

Represented by Thorsten Oelgart

Active

Jan Bonte

Director · since 25 mars 2019 · until 31 mars 2025

Active

Ended mandates

Nico Strynck

Director · since 25 mars 2019 · until 31 mars 2025

Ended

Jan BONTE

Director · since 29 mars 2016 · until 25 mars 2019

Ended

Nico Strynck

Director · since 29 mars 2016 · until 25 mars 2019

Ended

Septem International Consulting Services BVBA

Director · since 29 mars 2016 · until 25 mars 2019 · 0809.050.076

Represented by Johnny Zeven

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other17/06/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates02/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/06/2020
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 20257,6 M €↑
2024
Annual accounts 20245,9 M €↑
2023
Annual accounts 20234,7 M €↑
2022
Annual accounts 20221,7 M €↓
2021
Annual accounts 20212,1 M €↑
2020
Annual accounts 20201,8 M €↓
2019
Annual accounts 20192,3 M €↑
2018
Annual accounts 20181,5 M €↑
2017
Annual accounts 2017538,1 k €↓
2016
Annual accounts 2016865,2 k €↑
2015
Annual accounts 201518,9 k €↓
2015
Name changeADVIONICS
2014
Annual accounts 2014517,9 k €↑
2013
Annual accounts 201357,4 k €↓
2012
Annual accounts 2012741,8 k €↓
2011
Annual accounts 20111,7 M €↓
2010
Annual accounts 20102,4 M €↑
2010
Name changeCassidian Belgium NV
2009
Annual accounts 20092,2 M €↑
2008
Annual accounts 20081,4 M €↑
2007
Annual accounts 2007683 k €↑
2006
Annual accounts 2006360,7 k €
2006
Name changeEADS Defence and Security Systems Belgium
20/03/2002
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ADVIONICS

Overview

What does ADVIONICS do?

Trend over 20 financial years

Indicative valuation

Board of directors

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