ACTIVE

DEF BELGIUM

Financial year 2025 · Closed on 31/12/2025

Net result63,1 k €-58,0 %over 1 year
Revenue9,6 M €+4,0 %over 1 year
Equity1,7 M €+0,0 %over 1 year
Workforce59,6 ETP+8,2 %over 1 year

Identity

Source · BCE/KBO

DEF BELGIUM is a Public limited company incorporated in 2010. Its main activity is: Manufacture of other electrical equipment. Its registered office is in Bruxelles. It employs on average 59,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0825.568.186
Incorporation
03/05/2010
Legal form
Public limited company
Registered office
Avenue Louise 143 box 4
1050 Bruxelles · BruxellesSee on map
Contributed capital
1 339 183,87 €
Latest accounts
31/12/2025
Average workforce
59,6 ETP
Joint committees (3)
  • 14901
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 16 filings

Trend over 16 financial years

20252024202320222021
Income statement
Revenue9,6 M €9,3 M €9,3 M €9,5 M €11,2 M €
EBITDA221,3 k €411,9 k €47 k €446,3 k €448,2 k €
Operating result113,7 k €260,9 k €160 k €505,2 k €625,2 k €
Net result63,1 k €150,3 k €137,7 k €303,3 k €434,8 k €
Balance sheet
Equity1,7 M €1,7 M €1,7 M €1,7 M €1,7 M €
Total assets4,2 M €4,5 M €5,4 M €5,4 M €6 M €
Cash2,4 k €4,9 k €520,9 k €503,3 k €472,1 k €
Debts2,4 M €2,7 M €3,7 M €3,4 M €3,9 M €
Other
Workforce59,6 ETP55,1 ETP60,1 ETP58,9 ETP60,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 37 ended

Active mandates

Adriano Artuso

Managing director · since 27 novembre 2025 · until 13 mai 2027

Active
GEVELE

Managing director · since 24 avril 2025 · until 13 mai 2027 · 0416.666.270

Represented by Emmanuel PHILIP

Active
Philippe LECUYER

Chairman of the board of directors · since 24 avril 2025 · until 13 mai 2027

Active
Valentin Lecuyer

Director · since 24 avril 2025 · until 30 juin 2027

Active
GEVELE

Managing director · since 25 juin 2020 · until 24 avril 2025 · 0416.666.270

Represented by Emmanuel PHILIP

Active
Philippe LECUYER

Chairman of the board of directors · since 09 mai 2018 · until 24 avril 2025

Active

Ended mandates

SKELCO

Managing director · since 05 novembre 2024 · until 14 mai 2026 · 0832.217.339

Represented by Philippe SCHELLEKENS

Ended
Liesbet VAN ALSENOY

Managing director · since 13 juin 2022 · until 31 janvier 2024

Ended
Liesbet VAN ALSENOY

Managing director · since 13 juin 2022 · until 14 mai 2026

Ended
Jérôme Hoermann

Director · since 12 janvier 2022 · until 08 mai 2025

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date20/07/202615/07/202504/07/202415/06/202304/08/202222/06/2021
General meeting24/04/202624/04/202512/06/202411/05/202312/05/202206/05/2021
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, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202524/04/202620/07/2026FrenchPDF
Full model31/12/202424/04/202515/07/2025FrenchPDF
Full model31/12/202312/06/202404/07/2024FrenchPDF
Full model31/12/202211/05/202315/06/2023FrenchPDF
Full model31/12/202112/05/202204/08/2022FrenchPDF
Full model31/12/202006/05/202122/06/2021FrenchPDF
Full model31/12/201914/05/202024/06/2020FrenchPDF
Full model31/12/201809/05/201929/05/2019FrenchPDF
Full model31/12/201709/05/201812/06/2018FrenchPDF
Full model31/12/201611/05/201716/06/2017FrenchPDF
Full model31/12/201527/05/201622/06/2016FrenchPDF
Full model31/12/201426/06/201503/07/2015FrenchPDF
Abridged model31/12/201308/05/201418/06/2014FrenchPDF
Abridged model31/12/201210/05/201318/06/2013FrenchPDF
Abridged model31/12/201110/05/201208/06/2012FrenchPDF
Abridged model31/12/201012/05/201124/05/2011FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

6 active · 37 ended

Active mandates

Adriano Artuso

Managing director · since 27 novembre 2025 · until 13 mai 2027

Active
GEVELE

Managing director · since 24 avril 2025 · until 13 mai 2027 · 0416.666.270

Represented by Emmanuel PHILIP

Active
Philippe LECUYER

Chairman of the board of directors · since 24 avril 2025 · until 13 mai 2027

Active
Valentin Lecuyer

Director · since 24 avril 2025 · until 30 juin 2027

Active
GEVELE

Managing director · since 25 juin 2020 · until 24 avril 2025 · 0416.666.270

Represented by Emmanuel PHILIP

Active
Philippe LECUYER

Chairman of the board of directors · since 09 mai 2018 · until 24 avril 2025

Active

Ended mandates

SKELCO

Managing director · since 05 novembre 2024 · until 14 mai 2026 · 0832.217.339

Represented by Philippe SCHELLEKENS

Ended
Liesbet VAN ALSENOY

Managing director · since 13 juin 2022 · until 31 janvier 2024

Ended
Liesbet VAN ALSENOY

Managing director · since 13 juin 2022 · until 14 mai 2026

Ended
Jérôme Hoermann

Director · since 12 janvier 2022 · until 08 mai 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates26/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/11/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/02/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/02/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/08/2022
    DEMISSIONS, NOMINATIONS
    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 202563,1 k €↓
  2. 2024
    Annual accounts 2024150,3 k €↑
  3. 2023
    Annual accounts 2023137,7 k €↓
  4. 2022
    Annual accounts 2022303,3 k €↓
  5. 2021
    Annual accounts 2021434,8 k €↑
  6. 2020
    Annual accounts 2020303,8 k €↓
  7. 2019
    Annual accounts 2019466,6 k €↓
  8. 2018
    Annual accounts 2018588,3 k €↑
  9. 2017
    Annual accounts 2017270,6 k €↓
  10. 2016
    Annual accounts 2016355,7 k €↓
  11. 2015
    Annual accounts 2015386,1 k €↑
  12. 2014
    Annual accounts 2014208,6 k €↑
  13. 2013
    Annual accounts 201366,9 k €↓
  14. 2012
    Annual accounts 201293,3 k €↓
  15. 2011
    Annual accounts 201194,7 k €↑
  16. 2010
    Annual accounts 20107,8 k €
  17. 03/05/2010
    IncorporationPublic limited company