ACTIVE

Distributienet- Beheer Brussels Airport

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Financial year 2025 · Closed on 31/12/2025

Net result3,4 M €+14,8 %over 1 year
Revenue16,6 M €+13,1 %over 1 year
Equity43,3 M €+0,4 %over 1 year

Identity

Source · BCE/KBO

Distributienet- Beheer Brussels Airport is a Public limited company incorporated in 2004. Its main activity is: Production of electricity. Its registered office is in Zaventem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0863.269.712
Incorporation
06/02/2004
Legal form
Public limited company
Registered office
Luchthaven Brussel Nationaal ZN
1930 Zaventem · FlandreSee on map
Contributed capital
24 166 828,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 326
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 24 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue16,6 M €14,6 M €15 M €11,7 M €11,3 M €
EBITDA8,3 M €7,5 M €8,2 M €5,3 M €5,7 M €
Operating result5,3 M €4,7 M €5,4 M €2,6 M €3,3 M €
Net result3,4 M €3 M €3,6 M €1,4 M €2 M €
Balance sheet
Equity43,3 M €43,2 M €43 M €42,8 M €42,8 M €
Total assets67,8 M €65 M €63,1 M €59,6 M €59,2 M €
Cash13,5 M €12,9 M €11,1 M €1,2 M €5,4 M €
Debts20,2 M €20,6 M €19,5 M €16,2 M €15,9 M €
Other
Workforce––5,6 ETP6,1 ETP9,4 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 31/12/2025

6 active · 31 ended

Active mandates

David CARLIEZ

Director · since 04 avril 2025 · until 13 mai 2027

Active
Hubert FLAHAUX

Managing director · since 04 avril 2025 · until 09 mai 2030

Active
John DE GRIEVE

Director · since 23 mai 2024 · until 24 janvier 2025

Active
Davy VREYS

Director · since 11 mai 2021 · until 13 mai 2027

Active
H.R.V.

Director · since 11 mai 2021 · until 13 mai 2027 · 0440.758.892

Represented by Hugo Vandamme

Active
XYLIA

Director · since 11 mai 2021 · until 13 mai 2027 · 0433.534.372

Represented by Leo Sleuwaegen

Active

Ended mandates

Hubert FLAHAUX

Director · since 23 février 2024 · until 09 mai 2030

Ended
John DE GRIEVE

Director · since 23 février 2024 · until 24 janvier 2025

Ended
John DE GRIEVE

Director · since 23 février 2024 · until 09 mai 2030

Ended
H.R.V.

Director · since 11 mai 2021 · until 13 mai 2027 · 0440.758.892

Represented by Hugo Vandamme

Ended

Other companies at this address

Luchthaven Brussel Nationaal ZN 1930 Zaventem
CompanyCBE no.
ABELAG HANDLING● Active
0400.366.114
Aeronautique 58● Active
0406.561.642
AVIAPARTNER GROUP SHARED SERVICES● Active
0643.921.632
Aviapartner Holding● Active
0432.388.386
Aviapartner Solidarity Association● Active
1004.015.029
BRUSSELS AIRPORT HOTEL● Active
0428.116.626
DE LUCHTHAVEN APOTHEEK● Active
0873.145.696
International Airport Coordination Support● Active
0630.944.715
WFS CARGO NV● Active
0563.910.290

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 date23/06/202627/05/202521/06/202423/06/202329/03/202329/06/2021
General meeting12/05/202613/05/202514/05/202409/05/202310/05/202211/05/2021
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, 24 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202512/05/202623/06/2026DutchPDF
Full model31/12/202413/05/202527/05/2025DutchPDF
Full model31/12/202314/05/202421/06/2024DutchPDF
Full model31/12/202209/05/202323/06/2023DutchPDF
Full modelCorrection31/12/202110/05/202229/03/2023DutchPDF
Full model31/12/202110/05/202223/06/2022DutchPDF
Full model31/12/202011/05/202129/06/2021DutchPDF
Full model31/12/201912/05/202029/06/2020DutchPDF
Full model31/12/201814/05/201921/06/2019DutchPDF
Full modelCorrection31/12/201708/05/201820/05/2019DutchPDF
Full modelCorrection31/12/201708/05/201814/11/2018DutchPDF
Full model31/12/201708/05/201827/08/2018DutchPDF
Full modelCorrection31/12/201609/05/201726/01/2018DutchPDF
Full model31/12/201609/05/201704/07/2017DutchPDF
Full model31/12/201510/05/201630/06/2016DutchPDF
Full model31/12/201412/05/201530/06/2015DutchPDF
Full model31/12/201303/06/201430/06/2014DutchPDF
Full model31/12/201214/05/201321/06/2013DutchPDF
Full model31/12/201108/05/201225/06/2012DutchPDF
Full model31/12/201010/05/201116/06/2011DutchPDF
Full model31/12/200911/05/201020/05/2010DutchPDF
Full model31/12/200812/05/200911/09/2009DutchPDF
Full model31/12/200713/05/200830/05/2008DutchPDF
Full model31/12/200608/05/200723/05/2007DutchPDF

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 31/12/2025

6 active · 31 ended

Active mandates

David CARLIEZ

Director · since 04 avril 2025 · until 13 mai 2027

Active
Hubert FLAHAUX

Managing director · since 04 avril 2025 · until 09 mai 2030

Active
John DE GRIEVE

Director · since 23 mai 2024 · until 24 janvier 2025

Active
Davy VREYS

Director · since 11 mai 2021 · until 13 mai 2027

Active
H.R.V.

Director · since 11 mai 2021 · until 13 mai 2027 · 0440.758.892

Represented by Hugo Vandamme

Active
XYLIA

Director · since 11 mai 2021 · until 13 mai 2027 · 0433.534.372

Represented by Leo Sleuwaegen

Active

Ended mandates

Hubert FLAHAUX

Director · since 23 février 2024 · until 09 mai 2030

Ended
John DE GRIEVE

Director · since 23 février 2024 · until 24 janvier 2025

Ended
John DE GRIEVE

Director · since 23 février 2024 · until 09 mai 2030

Ended
H.R.V.

Director · since 11 mai 2021 · until 13 mai 2027 · 0440.758.892

Represented by Hugo Vandamme

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares10/03/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates20/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/06/2021
    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 20253,4 M €↑
  2. 04/04/2025
    nominationHubert Flahaux — gedelegeerd bestuurder
  3. 04/04/2025
    nominationGriet Helsen — vaste vertegenwoordiger
  4. 04/04/2025
    nominationDavid Carliez — bestuurder
  5. 2024
    Annual accounts 20243 M €↓
  6. 15/07/2024
    nominationTom Meuleman — commissaris
  7. 14/05/2024
    nominationGriet Helsen — vaste vertegenwoordiger van de commissaris
  8. 23/02/2024
    autre
  9. 2023
    Annual accounts 20233,6 M €↑
  10. 09/05/2023
    nominationKoen Hens — commissaris
  11. 2022
    Annual accounts 20221,4 M €↓
  12. 2021
    Annual accounts 20212 M €↓
  13. 2020
    Annual accounts 20202,4 M €↑
  14. 2019
    Annual accounts 20192,3 M €↑
  15. 2018
    Annual accounts 20181,8 M €↓
  16. 2017
    Annual accounts 20172 M €↓
  17. 2016
    Annual accounts 20162,2 M €↑
  18. 2015
    Annual accounts 20151,3 M €↓
  19. 2014
    Annual accounts 20141,9 M €↓
  20. 2013
    Annual accounts 20132 M €↑
  21. 2012
    Annual accounts 20121,4 M €↓
  22. 2011
    Annual accounts 20112,7 M €↑
  23. 2010
    Annual accounts 20102 M €↓
  24. 2009
    Annual accounts 20092,2 M €↑
  25. 2008
    Annual accounts 20081,4 M €
  26. 06/02/2004
    IncorporationPublic limited company