Financials
Financial year 2025
ArcelorMittal ESP from Geel, company number BE0414264135, closed financial year 2025 with a result of € 261,935 after tax. For that financial year ArcelorMittal ESP recorded revenue of € 114.2 million and equity of € 17.1 million. Compared with financial year 2024, the result moved from € 2.8 million to € 261,935. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.
€ 17.1 million
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 261,935
▼ 91% vs 2024
Profit after tax over the fiscal year.
€ 24,328
▲ € 19,165 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
129.7
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 12.1 million
▲ 5% vs 2024
€ 93,100 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.
€ 204,493
▲ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 21.1 million
Loans from banks and other lenders, long and short.
€ 18.1 million
▲ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 63 days on average.
€ 2.2 million
▼ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 222,325,063 | € 155,884,717 | € 123,859,769 | € 114,169,444 | ▼ 8% |
| Profit after taxes | € 11,127,274 | € 5,250,115 | € 2,765,780 | € 261,935 | ▼ 91% |
| Equity | € 29,812,413 | € 19,062,000 | € 21,827,251 | € 17,088,658 | ▼ 22% |
| Total debts | € 45,700,647 | € 37,571,427 | € 33,312,040 | € 41,437,730 | ▲ 24% |
| Cash | € 5,231 | € 5,084 | € 5,163 | € 24,328 | ▲ € 19,165 |
| Land & buildings | € 1,221,212 | € 2,926,374 | € 3,186,526 | € 3,379,384 | ▲ 6% |
| Retained profit | € 17,472,721 | € 6,722,836 | € 9,488,616 | € 4,750,551 | ▼ 50% |
| Dividend | € 0 | € 16,000,000 | € 0 | € 5,000,000 | |
| Bank debt | € 22,630,557 | € 22,515,253 | € 21,081,975 | € 21,117,624 | |
| Balance sheet total | € 76,320,971 | € 56,877,806 | € 55,344,062 | € 59,039,251 | ▲ 7% |
| Employees (FTE) | 126 | 134 | 131 | 129.7 | ▼ 1.3 |
Key figures of ArcelorMittal ESP, 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 ArcelorMittal ESP?
What happened at ArcelorMittal ESP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jain Prakash Kumar stepped down as director. NBB
- AMDS Holding Belgium NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 261,935 (▼ 91% vs 2024). Source: NBB ↗
- Nicolaas Van Der Borght stepped down as director. NBB
- Jain Dharnendra Kumar stepped down as director. NBB
- Jain Prakash Kumar became a director. NBB
- Nicolaas Van Der Borght became a director. NBB
- Jain Dharnendra Kumar became a director. NBB
In short
From € 11.1 million profit in 2022 to € 261,935 profit in 2025.
Paid € 6.9 million in corporate taxes since 2022.
Best year ever: 2022, with € 11.1 million profit.
Paid out € 21 million in dividends to the owners in total.
Management
The shares are held by AMDS Holding Belgium (100%).
Directors
According to the 2025 annual accounts
since 2025 · until 2028
Director · represented by Jorgen Spietael
Also active at: DISTEEL, INDUSTEEL Belgium, ArcelorMittal Steel Service Centres Liège, ALLIANCE GREEN SERVICES België, Alliance Green Services België Gent, METAL SERVICE CENTER BENELUX
since 2022 · until 2028
since 2023 · until 2026
Jain Dharnendra Kumar
Director
since 2023 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Twee-Molensstraat 8
2440 Geel
Lammerdries 4
2440 Geel
Active since 26 November 2002
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0414.264.135
- VAT number
- BE 0414.264.135
- Registered office
- Twee-Molensstraat 8, 2440 Geel
- Names & denominations
- ArcelorMittal ESP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 May 1974
- Peppol
- Active · Active since 20 Oct 2025
- Activities · NACE
Koudwalsen van bandstaal
Vervaardiging van ijzer en staal en van ferrolegeringen