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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.
Financials
Financial year 2025
ABB from Machelen (Brab.), company number BE0406291923, closed financial year 2025 with a result of € 6.7 million after tax. For that financial year ABB recorded revenue of € 207 million and equity of € 32.4 million. Compared with financial year 2024, the result moved from € -45.5 million to € 6.7 million. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 32.4 million
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.7 million
▲ still € 45.5 million loss in 2024
Profit after tax over the fiscal year.
€ 21,207
▼ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -22.7 million.
People and assets in 2025
233.6
▲ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 30.2 million
▲ 1% vs 2024
€ 129,300 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.
€ 415,954
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12.4 million
▼ 73% vs 2024
Loans from banks and other lenders, long and short.
€ 32.1 million
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 67 days on average.
€ 14 million
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 180,205,799 | € 191,281,586 | € 219,164,655 | € 207,007,328 | ▼ 6% |
| Profit after taxes | € 4,926,884 | € 1,346,859 | € -45,490,302 | € 6,741,262 | ▲ € 52.2 million |
| Equity | € 54,175,612 | € 55,522,472 | € 40,032,169 | € 32,386,901 | ▼ 19% |
| Total debts | € 95,184,908 | € 101,407,562 | € 131,301,672 | € 76,314,479 | ▼ 42% |
| Cash | € 343,745 | € 1,162,148 | € 226,885 | € 21,207 | ▼ 91% |
| Land & buildings | € 1,916,722 | € 1,779,871 | € 3,411,826 | € 2,456,981 | ▼ 28% |
| Retained profit | € 6,452,191 | € 7,799,050 | € -37,691,253 | € -22,668,210 | ▲ € 15 million |
| Bank debt | € 44,166,184 | € 44,455,728 | € 45,814,917 | € 12,363,963 | ▼ 73% |
| Balance sheet total | € 152,309,994 | € 161,169,466 | € 175,542,453 | € 113,322,780 | ▼ 35% |
| Employees (FTE) | 215.9 | 221.5 | 231.6 | 233.6 | ▲ 2 |
Key figures of ABB, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ABB?
What happened at ABB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Genk. KBO
- New annual accounts for financial year 2025: profit of € 6.7 million. Source: NBB ↗
- Baptise VERBRUGGEN stepped down as director. NBB
- Natasha Azra GHAFOERKHAN stepped down as director. NBB
- Peter VAN DEN HEEDE stepped down as director. NBB
- New establishment in Machelen (Brab.). KBO
- New establishment in Zaventem. KBO
- New establishment in Brussel. KBO
In short
From € 4.9 million profit in 2022 to € 6.7 million profit in 2025.
Paid € 4.7 million in corporate taxes since 2022.
Best year ever: 2025, with € 6.7 million profit.
Pays suppliers within 67 days on average.
Management
The shares are held by ABB Asea Brown Boveri Ltd (100%). It owns 100% of ABB Industrial Solutions Belgium and 100% of ABB Installation Products European Centre itself.
Directors
According to the 2025 annual accounts
since 2020 · until 2026
since 2023 · until 2026
since 2020 · until 2026
Shareholders
ABB Asea Brown Boveri Ltd
100%
Participations
Establishments
Establishment units
Physical locations of this company
Culliganlaan 3B box 101
1831 Machelen (Brab.)
Luithagen-Haven 2 box H
2030 Antwerpen
Active since 1 January 2003
Steenweg Buda 24A box BuildingC3
1830 Machelen (Brab.)
Active since 7 November 2025
Gipsweg 15 box H
9940 Evergem
Active since 16 January 2024
Guldensporenpark 28
9820 Merelbeke-Melle
Active since 16 January 2024
Guido Gezellestraat 126
1654 Beersel
Active since 16 January 2024
Aarschotsestraat 47
1800 Vilvoorde
Active since 16 January 2024
Quellinstraat 49
2018 Antwerpen
Active since 16 January 2024
Handelsstraat 31
1000 Brussel
Active since 23 April 2024
Hoge Wei 27
1930 Zaventem
Active since 1 November 2024
Henry Fordlaan 12 box 3
3600 Genk
Active since 13 July 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0406.291.923
- VAT number
- BE 0406.291.923
- Registered office
- Culliganlaan 3B bus 101, 1831 Machelen (Brab.)
- Names & denominations
- ABB
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 May 1969
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
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Transmissie van elektriciteit
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