ACTIVE

Axalta Coating Systems Belgium

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Financial year 2013 · Closed on 31/12/2013

Net result11,5 M €-52,3 %over 1 year
Revenue280,9 M €+31,9 %over 1 year
Equity117,6 M €+35,6 %over 1 year
Workforce555,2 ETP-0,4 %over 1 year

Identity

Source · BCE/KBO

Axalta Coating Systems Belgium is a Private limited company incorporated in 2012. Its main activity is: Manufacture of paints, varnishes and similar coatings, printing ink and mastics. Its registered office is in Mechelen. It employs on average 555,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0844.220.989
Incorporation
29/02/2012
Legal form
Private limited company
Registered office
Geerdegem-Schonenberg 248
2800 Mechelen · FlandreSee on map
Latest accounts
31/12/2013
Average workforce
555,2 ETP
Joint committees (2)
  • 116
  • 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 23 filings

Trend over 2 financial years

20132012
Income statement
Revenue280,9 M €212,9 M €
EBITDA38,1 M €30,4 M €
Operating result31,9 M €24,2 M €
Net result11,5 M €24,1 M €
Balance sheet
Equity117,6 M €86,7 M €
Total assets352,6 M €136,3 M €
Cash41,1 M €33,8 M €
Debts217,1 M €40,9 M €
Other
Workforce555,2 ETP557,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2013

4 active · 3 ended

Active mandates

Charles SHAVER

Manager · since 11 avril 2013

Active
Robert BRYANT

Manager · since 11 avril 2013

Active
Jaap MENDEL

Manager · since 25 janvier 2013

Active
Luc VAN DEN HEMEL

Manager · since 25 janvier 2013

Active

Ended mandates

Bernard DELHAYE

Manager · since 29 février 2012 · until 25 janvier 2013

Ended
Edith HAMELRYCKX

Manager · since 29 février 2012 · until 25 janvier 2013

Ended
Geert VERHAEGHE

Manager · since 29 février 2012 · until 25 janvier 2013

Ended

Other companies at this address

Geerdegem-Schonenberg 248 2800 Mechelen
CompanyCBE no.
Automotive Repair Network - Five Star - REPANET - CUI● Active
0434.032.537
PLUS PAINT● Active
0873.308.816

Full financial information

Source · NBB
202420232022202120202019
Type of accountConsolidated accountsFull modelConsolidated accountsConsolidated accountsConsolidated accountsConsolidated accounts
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/07/202502/07/202406/12/202319/10/202215/11/202203/09/2020
General meeting–27/06/2024–27/06/202225/05/202101/01/9999
Currency of the financial yearEUREURUSDUSDUSDUSD
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 23 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202426/06/202509/07/2025DutchPDF
Consolidated accounts31/12/2024—24/07/2025DutchPDF
Full model31/12/202327/06/202402/07/2024DutchPDF
Full model31/12/202228/06/202301/09/2023DutchPDF
Consolidated accounts31/12/2022—06/12/2023DutchPDF
Full model31/12/202127/06/202215/09/2022DutchPDF
Consolidated accounts31/12/202127/06/202219/10/2022DutchPDF
Full model31/12/202025/05/202112/07/2021DutchPDF
Consolidated accounts31/12/202025/05/202115/11/2022DutchPDF
Full model31/12/201926/05/202027/08/2020DutchPDF
Consolidated accounts31/12/201901/01/999903/09/2020DutchPDF
Full model31/12/201828/05/201917/06/2019DutchPDF
Consolidated accounts31/12/201801/01/999917/06/2019DutchPDF
Full model31/12/201722/05/201815/06/2018DutchPDF
Consolidated accounts31/12/201701/01/999914/06/2018DutchPDF
Full model31/12/201623/05/201728/06/2017DutchPDF
Consolidated accounts31/12/201601/01/999929/06/2017DutchPDF
Full model31/12/201524/05/201613/06/2016DutchPDF
Consolidated accounts31/12/201501/01/999913/06/2016DutchPDF
Full model31/12/201426/05/201517/06/2015DutchPDF
Consolidated accounts31/12/201401/01/999919/06/2015DutchPDF
Full model31/12/201327/05/201427/06/2014DutchPDF
Full model31/12/201228/05/201312/06/2013DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 31/12/2013

4 active · 3 ended

Active mandates

Charles SHAVER

Manager · since 11 avril 2013

Active
Robert BRYANT

Manager · since 11 avril 2013

Active
Jaap MENDEL

Manager · since 25 janvier 2013

Active
Luc VAN DEN HEMEL

Manager · since 25 janvier 2013

Active

Ended mandates

Bernard DELHAYE

Manager · since 29 février 2012 · until 25 janvier 2013

Ended
Edith HAMELRYCKX

Manager · since 29 février 2012 · until 25 janvier 2013

Ended
Geert VERHAEGHE

Manager · since 29 février 2012 · until 25 janvier 2013

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/02/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates30/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office01/02/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates04/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 07/10/2024
    nominationLuc Martens — commissaris
  2. 07/10/2024
    nominationKathleen Segers — commissaris
  3. 02/11/2023
    nominationAnthony Massey — bestuurder
  4. 30/06/2022
    nominationEmmanuel Jennes — commissaris
  5. 2013
    Annual accounts 201311,5 M €↓
  6. 2012
    Annual accounts 201224,1 M €
  7. 29/02/2012
    IncorporationPrivate limited company