ACTIVE

ADVIONICS

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result7,6 M €+30,2 %over 1 year

Revenue51,5 M €+17,6 %over 1 year

Equity11,9 M €-21,9 %over 1 year

Workforce189,0 ETP+9,8 %over 1 year

Identity

Source · BCE/KBO

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

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
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 €
EBITDA	9,9 M €	+17.8%	8,4 M €	+34.6%	6,2 M €	+110%	3 M €	-20.3%	3,7 M €
Operating result	8,5 M €	+15.8%	7,4 M €	+31.0%	5,6 M €	+145%	2,3 M €	-23.5%	3 M €
Net result	7,6 M €	+30.2%	5,9 M €	+23.9%	4,7 M €	+181%	1,7 M €	-18.1%	2,1 M €
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 €
Total assets	50,9 M €	+13.0%	45 M €	+18.9%	37,9 M €	+37.3%	27,6 M €	+18.7%	23,2 M €
Cash	3,7 M €	-27.9%	5,1 M €	+79.3%	2,9 M €	-19.7%	3,6 M €	+19.8%	3 M €
Debts	38,9 M €	+31.4%	29,6 M €	+11.7%	26,5 M €	+45.5%	18,2 M €	+26.8%	14,4 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

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 31/12/2022

3 active · 15 ended

Last known composition, from the accounts closed on 31/12/2022, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
WISSA0841.368.991Represented by Wim De Naeyer	Director31/01/2023 → 31/03/2025
INTERSOFT ELECTRONICS GROUP0468.557.807Represented by Thorsten Oelgart	Director25/03/2019 → 31/03/2025
Jan Bonte	Director29/03/2016 → 31/03/2025Administrator - manager27/05/2015 → 2015 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Nico Strynck	Director29/03/2016 → 2021 accountsAdministrator - manager27/05/2015 → 2015 accounts
Septem International Consulting Services BVBA0809.050.076Represented by Johnny Zeven	Director29/03/2016 → 2018 accounts

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	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

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 21 filings

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

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 31/12/2022

3 active · 15 ended

Last known composition, from the accounts closed on 31/12/2022, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
WISSA0841.368.991Represented by Wim De Naeyer	Director31/01/2023 → 31/03/2025
INTERSOFT ELECTRONICS GROUP0468.557.807Represented by Thorsten Oelgart	Director25/03/2019 → 31/03/2025
Jan Bonte	Director29/03/2016 → 31/03/2025Administrator - manager27/05/2015 → 2015 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Nico Strynck	Director29/03/2016 → 2021 accountsAdministrator - manager27/05/2015 → 2015 accounts
Septem International Consulting Services BVBA0809.050.076Represented by Johnny Zeven	Director29/03/2016 → 2018 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

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

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

Filings20 filings

Mandates

WISSA

INTERSOFT ELECTRONICS GROUP

Jan Bonte

Nico Strynck

Septem International Consulting Services BVBA

Joachim Markus

Christoph Terrahe

Hans-Georg Erhrhardt

Patrick Wood

Uwe Dr Virkus

Gerhard Dr Wischmann

Sabine Hipp K.

Show the 6 other mandates

2002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

ADVIONICSCassidian Belgium NVEADS Defence and Security Systems Belgium

Siemenslaan 16, 8020 Oostkamp

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Siemenslaan 16, 8020 OostkampCurrent	accounts 2021 → 2022	Accounts 2022 · 2023-00449325

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ADVIONICSCurrent	accounts 2015 → 2025	Accounts 2025 · 2026-00084864
Cassidian Belgium NV	accounts 2010 → 2014	Accounts 2014 · 2015-12800551
EADS Defence and Security Systems Belgium	accounts 2006 → 2009	Accounts 2009 · 2010-09600382

Events

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 €
20/03/2002
IncorporationPublic limited company

ADVIONICS

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events