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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2024, 2025.
Financials
Financial year 2026
NGK CERAMICS EUROPE SA from Saint-Ghislain, company number BE0401115388, closed financial year 2026 with a result of € 20.4 million after tax. For that financial year NGK CERAMICS EUROPE SA recorded revenue of € 78.8 million and equity of € 277.4 million. Compared with financial year 2025, the result moved from € 10.3 million to € 20.4 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 277.4 million
▼ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20.4 million
▲ 99% vs 2025
Profit after tax over the fiscal year.
€ 44.8 million
▲ 107% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 23 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
319.2
▲ 5.3 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 29.3 million
▲ 4% vs 2025
€ 91,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 997,418
▼ 22% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 7 million
▼ 4% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 65 days on average.
€ 7.3 million
▲ 12% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 44,903,109 | € 57,284,304 | € 67,120,449 | € 78,809,892 | ▲ 17% |
| Profit after taxes | € 7,921,109 | € 2,788,687 | € 10,268,921 | € 20,411,708 | ▲ 99% |
| Equity | € 265,979,156 | € 270,143,263 | € 280,284,700 | € 277,383,255 | ▼ 1% |
| Total debts | € 45,448,511 | € 40,556,470 | € 16,047,428 | € 14,307,976 | ▼ 11% |
| Cash | € 32,589,440 | € 15,772,854 | € 21,635,296 | € 44,845,267 | ▲ 107% |
| Land & buildings | € 13,560,732 | € 16,236,804 | € 15,773,275 | € 15,974,613 | ▲ 1% |
| Retained profit | € 107,109,515 | € 109,898,203 | € 120,167,123 | € 117,578,831 | ▼ 2% |
| Dividend | € 0 | € 0 | € 0 | € 23,000,000 | |
| Bank debt | € 21,900,000 | € 21,900,000 | € 0 | € 0 | |
| Balance sheet total | € 317,859,966 | € 316,715,067 | € 303,451,820 | € 296,193,458 | ▼ 2% |
| Employees (FTE) | 307.7 | 312.3 | 313.9 | 319.2 | ▲ 5.3 |
Key figures of NGK CERAMICS EUROPE SA, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to NGK CERAMICS EUROPE SA?
What happened at NGK CERAMICS EUROPE SA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 20.4 million (▲ 99% vs 2025). Source: NBB ↗
- Takeyuki ISHII stepped down as director. NBB
- Makoto NAKAJO stepped down as director. NBB
- Simon VLAJCIC stepped down as director. NBB
- Takeyuki ISHII became a director. NBB
- Makoto NAKAJO became a director. NBB
- Simon VLAJCIC became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 7.9 million profit in 2023 to € 20.4 million profit in 2026.
Paid € 1.2 million in corporate taxes since 2023.
Best year ever: 2026, with € 20.4 million profit.
Paid out € 23 million in dividends to the owners in total.
A new publication or filing at NGK CERAMICS EUROPE SA? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by NGK Insulators Ltd. (100%) and NGK Europe GmbH (0%). It owns 100% of NGK Ceramics South Africa Ltd, 100% of NGK Italy S.r.l, 100% of NGK Europe GmbH, 95% of NGK Ceramics Sp. Zo.o and 0% of NGK Technologies India Private Limited itself.
Directors
According to the 2026 annual accounts
Takeyuki ISHII
Director
since 2025 · until 2026
Makoto NAKAJO
Director
since 2025 · until 2026
Simon VLAJCIC
Managing director
since 2025 · until 2026
Shareholders
NGK Insulators Ltd.
100%
NGK Europe GmbH
0%
Participations
NGK Ceramics South Africa Ltd
100%
NGK Italy S.r.l
100%
NGK Europe GmbH
100%
NGK Ceramics Sp. Zo.o
95%
NGK Technologies India Private Limited
0%
Establishments
Establishment units
Physical locations of this company
Rue des Azalées(B) 1
7331 Saint-Ghislain
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Features
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Details
- Company number
- 0401.115.388
- VAT number
- BE 0401.115.388
- Registered office
- Rue des Azalées(B) 1, 7331 Saint-Ghislain
- Names & denominations
- NGK CERAMICS EUROPE SA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 1934
- Peppol
- Active · Active since 2 Apr 2025
- Contact
- ngkceramicseurope.be
- Activities · NACE
Vervaardiging van ander technisch aardewerk
Vervaardiging van overig keramisch technisch aardewerk