ACTIVE

Titan

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Financial year 2025 · closed on 31/12/2025

Net result

-7,7 M €

-100.3% YoY

Equity

3,9 Md €

-2.3% YoY

Workforce

0,7 ETP

0.0% YoY

What does Titan do?

Titan is a Public limited company incorporated in 2018. Its main activity is: Activities of holding companies. Its registered office is in Bruxelles. It employs on average 0,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0699.936.657

Incorporation

16/07/2018

Legal form

Public limited company

Registered office

Place Sainte-Gudule 14
1000 Bruxelles · BruxellesSee on map

Contributed capital

974 668 458,88 €

Latest accounts

31/12/2025

Average workforce

0,7 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies

Contacts

2 public details availableLog in to view

Signals

Solid equityLow riskHealthy social debts

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 7 financial years

	2025		2024		2023		2022		2021		2020		2019
Income statement
EBITDA	-8,7 M €	-33.5%	-6,5 M €	-18.4%	-5,5 M €	-28.5%	-4,3 M €	+6.0%	-4,6 M €	-32.3%	-3,5 M €	+45.1%	-6,3 M €
Operating result	-10,6 M €	-19.9%	-8,9 M €	-12.6%	-7,9 M €	-31.0%	-6 M €	+8.1%	-6,6 M €	-27.0%	-5,2 M €	+24.9%	-6,9 M €
Net result	-7,7 M €	-100%	2,3 Md €	+3880%	57,8 M €	-90.1%	586,6 M €	+67.4%	350,3 M €	+10518%	-3,4 M €	+59.8%	-8,4 M €
Balance sheet
Equity	3,9 Md €	-2.3%	4 Md €	+108%	1,9 Md €	-0.4%	1,9 Md €	+21.5%	1,6 Md €	+21.9%	1,3 Md €	-0.3%	1,3 Md €
Total assets	4,3 Md €	-5.8%	4,5 Md €	+98.3%	2,3 Md €	-1.6%	2,3 Md €	+35.2%	1,7 Md €	+17.4%	1,5 Md €	-3.5%	1,5 Md €
Cash	434,9 k €	-4.5%	455,6 k €	+26.6%	359,9 k €	+762%	41,8 k €	-69.9%	138,6 k €	-48.1%	267,1 k €	-36.1%	418,3 k €
Debts	353,6 M €	-32.7%	525,7 M €	+46.0%	360 M €	-7.8%	390,7 M €	+207%	127,4 M €	-19.9%	159 M €	-23.5%	207,8 M €
Other
Workforce	0,7 ETP	0.0%	0,7 ETP	0.0%	0,7 ETP	-12.5%	0,8 ETP	+14.3%	0,7 ETP	0.0%	0,7 ETP	-63.2%	1,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

more than 1.000 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 12 active · 58 ended

Active mandates

Alexandra PAPALEXOPOULOU

Director · since 08 mai 2025 · until 07 mai 2026

Active

Andreas ARTEMIS

Director · since 08 mai 2025 · until 07 mai 2026

Active

Dimitrios PAPALEXOPOULOS

Chairman of the board of directors · since 08 mai 2025 · until 07 mai 2026

Active

Dimitris TSITSIRAGOS

Director · since 08 mai 2025 · until 07 mai 2026

Active

Haralambos DAVID

Director · since 08 mai 2025 · until 07 mai 2026

Active

Kyriacos RIRIS

Vice-chairman of the board of directors · since 08 mai 2025 · until 07 mai 2026

Active

Leonidas CANELLOPOULOS

Director · since 08 mai 2025 · until 07 mai 2026

Active

Lyn GROBLER

Director · since 08 mai 2025 · until 07 mai 2026

Active

Marcel COBUZ

Director · since 08 mai 2025 · until 07 mai 2026

Active

Michael COLAKIDES

Managing director · since 08 mai 2025 · until 07 mai 2026

Active

Natalia NIKOLAIDI

Director · since 08 mai 2025 · until 07 mai 2026

Active

Paula HADJISOTIRIOU

Director · since 08 mai 2025 · until 07 mai 2026

Active

Ended mandates

Sandra SOARES SANTOS

Director · since 09 mai 2024 · until 08 mai 2025

Ended

Paula HATJISOTIRIOU

Director · since 01 juin 2023 · until 08 mai 2025

Ended

Dimitrios PAPALEXOPOULOS

Chairman of the board of directors · since 01 janvier 2023 · until 08 mai 2025

Ended

Marcel COBUZ

Director · since 01 janvier 2023 · until 08 mai 2025

Ended

At this address

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GALIO & PARTNERS● Active	0753.982.879
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KERGUELEN LEGAL SERVICES● Active	1022.273.397
LitFin BE● Active	1031.337.850
NB Koeling● Liquidation	0723.936.239
NMB Legal Services● Active	1035.888.041
Qatar Charity Europe● Active	0801.365.302
RWE Offshore Belgium● Active	0805.597.965
Titan America● Active	1011.751.174
Trenmor Belgium● Active	0746.463.795

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	22/05/2026	15/05/2025	28/05/2024	16/05/2023	22/03/2023	17/05/2021
General meeting	07/05/2026	08/05/2025	09/05/2024	11/05/2023	12/05/2022	13/05/2021
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	07/05/2026	22/05/2026	French	PDF
Consolidated accounts	31/12/2025	07/05/2026	22/05/2026	French	PDF
Full model	31/12/2024	08/05/2025	15/05/2025	French	PDF
Consolidated accounts	31/12/2024	08/05/2025	27/05/2025	French	PDF
Full model	31/12/2023	09/05/2024	28/05/2024	French	PDF
Consolidated accounts	31/12/2023	09/05/2024	28/05/2024	French	PDF
Full model	31/12/2022	11/05/2023	16/05/2023	French	PDF
Consolidated accounts	31/12/2022	11/05/2023	12/06/2023	French	PDF
Full modelCorrection	31/12/2021	12/05/2022	22/03/2023	French	PDF
Full model	31/12/2021	12/05/2022	19/05/2022	French	PDF
Consolidated accounts	31/12/2021	12/05/2022	20/06/2022	French	PDF
Full model	31/12/2020	13/05/2021	17/05/2021	French	PDF
Consolidated accounts	31/12/2020	01/01/9999	17/05/2021	French	PDF
Full model	31/12/2019	14/05/2020	11/06/2020	French	PDF
Consolidated accounts	31/12/2019	14/05/2020	29/06/2020	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

more than 1.000 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 31/12/2025 · 12 active · 58 ended

Active mandates

Alexandra PAPALEXOPOULOU

Director · since 08 mai 2025 · until 07 mai 2026

Active

Andreas ARTEMIS

Director · since 08 mai 2025 · until 07 mai 2026

Active

Dimitrios PAPALEXOPOULOS

Chairman of the board of directors · since 08 mai 2025 · until 07 mai 2026

Active

Dimitris TSITSIRAGOS

Director · since 08 mai 2025 · until 07 mai 2026

Active

Haralambos DAVID

Director · since 08 mai 2025 · until 07 mai 2026

Active

Kyriacos RIRIS

Vice-chairman of the board of directors · since 08 mai 2025 · until 07 mai 2026

Active

Leonidas CANELLOPOULOS

Director · since 08 mai 2025 · until 07 mai 2026

Active

Lyn GROBLER

Director · since 08 mai 2025 · until 07 mai 2026

Active

Marcel COBUZ

Director · since 08 mai 2025 · until 07 mai 2026

Active

Michael COLAKIDES

Managing director · since 08 mai 2025 · until 07 mai 2026

Active

Natalia NIKOLAIDI

Director · since 08 mai 2025 · until 07 mai 2026

Active

Paula HADJISOTIRIOU

Director · since 08 mai 2025 · until 07 mai 2026

Active

Ended mandates

Sandra SOARES SANTOS

Director · since 09 mai 2024 · until 08 mai 2025

Ended

Paula HATJISOTIRIOU

Director · since 01 juin 2023 · until 08 mai 2025

Ended

Dimitrios PAPALEXOPOULOS

Chairman of the board of directors · since 01 janvier 2023 · until 08 mai 2025

Ended

Marcel COBUZ

Director · since 01 janvier 2023 · until 08 mai 2025

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/06/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates10/03/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates04/08/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates23/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates11/06/2025
DEMISSIONS, NOMINATIONS
PDF
Registered office04/06/2025
SIEGE SOCIAL
PDF
Mandates12/05/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION
PDF
Mandates28/06/2024
DEMISSIONS, NOMINATIONS
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

08/05/2026
reconductionAndreas Artemis — administrateur indépendant
08/05/2026
reconductionMarcel Constantin Cobuz — administrateur exécutif
08/05/2026
reconductionMichael Colakides — administrateur exécutif
08/05/2026
reconductionHaralambos David — administrateur indépendant
08/05/2026
reconductionLyn Mary Grobler — administratrice indépendante
08/05/2026
reconductionPaula Hadjisotiriou — administratrice indépendante
08/05/2026
reconductionLeonidas Kanellopoulos — administrateur exécutif
08/05/2026
reconductionStella Kyriakides — administratrice indépendante
08/05/2026
reconductionDimitrios Papalexopoulos — administrateur non exécutif
08/05/2026
reconductionAlexandra Papalexopoulou — administratrice exécutive
08/05/2026
reconductionDimitris Tsitsiragos — administrateur indépendant
08/05/2026
nominationStavros Pantzaris — administrateur indépendant
03/02/2026
nominationStella Kyriakides — administratrice indépendante
03/02/2026
nominationStella Kyriakides — administratrice indépendante non exécutive
2025
Annual accounts 2025-7,7 M €↓
08/05/2025
nominationPwC Réviseurs d'Entreprises SRL — commissaire chargé de fournir l'assurance limitée relative à la publication d'informations en matière de durabilité
08/05/2025
reconductionAndreas Artemis — administrateur indépendant
08/05/2025
reconductionMarcel-Constantin Cobuz — administrateur exécutif
08/05/2025
reconductionMichael Colakides — administrateur exécutif
08/05/2025
reconductionHaralambos David — administrateur indépendant
08/05/2025
reconductionLyn-Mary Grobler — administrateur indépendant
08/05/2025
reconductionPaula Hadjisotiriou — administrateur indépendant
08/05/2025
reconductionLeonidas Kanellopoulos — administrateur exécutif
08/05/2025
reconductionNatalia Nikolaidi — administrateur indépendant
08/05/2025
reconductionDimitrios Papalexopoulos — administrateur non exécutif
08/05/2025
reconductionAlexandra Papalexopoulou — administrateur exécutif
08/05/2025
reconductionKyriacos Riris — administrateur indépendant
08/05/2025
reconductionDimitris Tsitsiragos — administrateur indépendant
08/05/2025
reconductionDidier Delanoye — commissaire
2025
Name changeTitan
2024
Annual accounts 20242,3 Md €↑
09/05/2024
nominationSandra Maria Soares Santos — administratrice indépendante
2023
Annual accounts 202357,8 M €↓
01/06/2023
nominationPaula Hadjisotiriou — administratrice indépendante
01/06/2023
nominationPaula Hadjisotiriou — administratrice indépendante non exécutive
01/01/2023
nominationDimitrios Papalexopoulos — Président du Conseil d'administration
01/01/2023
nominationMarcel Constantin Cobuz — administrateur exécutif
2022
Annual accounts 2022586,6 M €↑
12/05/2022
reconductionEfstratios-Georgios Arapoglou — administrateur indépendant
12/05/2022
reconductionKyriacos Riris — administrateur indépendant
12/05/2022
reconductionMichael Colakides — administrateur exécutif
12/05/2022
reconductionDimitrios Papalexopoulos — administrateur exécutif
12/05/2022
reconductionWilliam Antholis — administrateur indépendant
12/05/2022
reconductionAndreas Artemis — administrateur indépendant
12/05/2022
reconductionLeonidas Canellopoulos — administrateur exécutif
12/05/2022
reconductionHaralambos (Harry) David — administrateur indépendant
12/05/2022
reconductionLyn Grobler — administratrice indépendante
12/05/2022
reconductionIoannis Paniaras — administrateur exécutif
12/05/2022
reconductionAlexandra Papalexopoulou — administratrice exécutive
12/05/2022
reconductionDimitris Tsitsiragos — administrateur indépendant
12/05/2022
reconductionVassilios Zarkalis — administrateur exécutif
12/05/2022
reconductionMona Zufficar — administratrice indépendante
12/05/2022
nominationNatalia Nicolaidis — administratrice indépendante
12/05/2022
nominationTheodora Taoushani — administratrice indépendante
12/05/2022
reconductionDidier Delanoye — commissaire
31/12/2021
nominationLyn Grobler — administratrice indépendante
2021
Annual accounts 2021350,3 M €↑
2021
Name changeTitan Cement International
2020
Annual accounts 2020-3,4 M €↑
2019
Annual accounts 2019-8,4 M €
16/07/2018
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

Titan

Overview

What does Titan do?

Trend over 7 financial years

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