ACTIVE

Aalborg Portland Belgium

Financial year 2025 · Closed on 31/12/2025

Net result781 k €-9,6 %over 1 year
Revenue14,4 M €-2,6 %over 1 year
Equity6,2 M €+14,5 %over 1 year
Workforce1,0 ETP-23,1 %over 1 year

Identity

Source · BCE/KBO

Aalborg Portland Belgium is a Public limited company incorporated in 2017. Its main activity is: Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate. Its registered office is in Gent. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0676.670.416
Incorporation
09/06/2017
Legal form
Public limited company
Registered office
Coupure 88
9000 Gent · FlandreSee on map
Contributed capital
2 000 000,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20252024202320222021
Income statement
Revenue14,4 M €14,8 M €16,6 M €17,4 M €–
EBITDA974,8 k €988,9 k €505,1 k €433,3 k €728,1 k €
Operating result959,1 k €988,9 k €505,1 k €433,3 k €728,1 k €
Net result781 k €864,4 k €454,5 k €328,9 k €545,1 k €
Balance sheet
Equity6,2 M €5,4 M €4,5 M €4,1 M €3,7 M €
Total assets8,5 M €7,2 M €5,7 M €6,2 M €5,6 M €
Cash6,6 M €5,6 M €3,8 M €3,9 M €4,2 M €
Debts2,4 M €1,8 M €1,2 M €2,2 M €1,9 M €
Other
Workforce1,0 ETP1,3 ETP3,0 ETP4,1 ETP1,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 10 ended

Active mandates

Lars Simoni FREDERIKSEN

Director · since 30 juin 2025 · until 25 juin 2031

Active
Ane Ryberg HOLM

Director · since 26 juin 2024 · until 26 juin 2030

Active
Michele DI MARINO

Director · since 06 juillet 2023 · until 27 juin 2029

Active
Maurizio ROMEO

Director · since 15 mars 2023 · until 21 mars 2029

Active
Thomas Holst LAURSEN

Director · since 31 mars 2021 · until 30 juin 2025

Active

Ended mandates

Michael Lundgaard THOMSEN

Director · since 06 juillet 2023 · until 26 juin 2024

Ended
Line Calmer BRAAD

Director · since 31 mars 2021 · until 15 mars 2023

Ended
Line Calmer BRAAD

Director · since 31 mars 2021 · until 17 mars 2027

Ended
Thomas Holst LAURSEN

Director · since 31 mars 2021 · until 17 mars 2027

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/07/202612/08/202530/08/202417/08/202308/08/202215/06/2021
General meeting26/06/202630/06/202526/06/202428/06/202318/05/202203/05/2021
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, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/06/202607/07/2026DutchPDF
Full model31/12/202430/06/202512/08/2025DutchPDF
Full model31/12/202326/06/202430/08/2024DutchPDF
Full model31/12/202228/06/202317/08/2023DutchPDF
Abridged model31/12/202118/05/202208/08/2022DutchPDF
Abridged model31/12/202003/05/202115/06/2021DutchPDF
Abridged model31/12/201915/06/202009/07/2020DutchPDF
Abridged model31/12/201810/04/201910/05/2019DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2025

5 active · 10 ended

Active mandates

Lars Simoni FREDERIKSEN

Director · since 30 juin 2025 · until 25 juin 2031

Active
Ane Ryberg HOLM

Director · since 26 juin 2024 · until 26 juin 2030

Active
Michele DI MARINO

Director · since 06 juillet 2023 · until 27 juin 2029

Active
Maurizio ROMEO

Director · since 15 mars 2023 · until 21 mars 2029

Active
Thomas Holst LAURSEN

Director · since 31 mars 2021 · until 30 juin 2025

Active

Ended mandates

Michael Lundgaard THOMSEN

Director · since 06 juillet 2023 · until 26 juin 2024

Ended
Line Calmer BRAAD

Director · since 31 mars 2021 · until 15 mars 2023

Ended
Line Calmer BRAAD

Director · since 31 mars 2021 · until 17 mars 2027

Ended
Thomas Holst LAURSEN

Director · since 31 mars 2021 · until 17 mars 2027

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office17/04/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates05/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - ASSEMBLEE GENERALE
    PDF
  • Mandates23/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025781 k €↓
  2. 2024
    Annual accounts 2024864,4 k €↑
  3. 2023
    Annual accounts 2023454,5 k €↑
  4. 2022
    Annual accounts 2022328,9 k €↓
  5. 2021
    Annual accounts 2021545,1 k €↑
  6. 2020
    Annual accounts 2020190,6 k €↑
  7. 2019
    Annual accounts 2019187,5 k €↓
  8. 2018
    Annual accounts 2018811 k €
  9. 09/06/2017
    IncorporationPublic limited company