What does European Appliances Belgium do?

European Appliances Belgium is registered with the CBE as active in: Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur. Public Limited, started on 27 September 1982, 1 establishment.

What is the address of European Appliances Belgium?

The registered office of European Appliances Belgium is located at Schaliënhoevedreef 26, 2800 Mechelen.

Is European Appliances Belgium still active?

Yes. According to the CBE (31 October 2026) European Appliances Belgium is active, legal situation “Normale toestand”, started on 27 September 1982.

Is European Appliances Belgium registered on Peppol?

Yes, European Appliances Belgium is registered on the Peppol network with ID 0208:0423029569.

What is the enterprise number of European Appliances Belgium?

The enterprise number of European Appliances Belgium is BE0423029569.

When was European Appliances Belgium founded?

European Appliances Belgium was founded on 27 September 1982.

Who are the directors of European Appliances Belgium?

According to the 2025 annual accounts, the directors of European Appliances Belgium are: Sen Polat, Dincer Cemal Can, Alparslan Baris, Bulgurlu Hakan Hamdi, Ragip Balcioglu Mehmet, Kemal Ebiçlioglu Fatih, Rodolphe Harold H Claeys, Garzanli Akin.

Is European Appliances Belgium a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 September 1982; 5 annual accounts filed, latest fiscal year 2025; 8 directors known from the annual account.

How much profit did European Appliances Belgium make in 2025?

European Appliances Belgium posted a profit after taxes of € 649,268 in financial year 2025.

What is the revenue of European Appliances Belgium?

In its most recent annual accounts (2025), European Appliances Belgium reported revenue of € 56,297,030.

How much does an employee at European Appliances Belgium earn?

The average wage cost per full-time employee at European Appliances Belgium was € 102,800 in 2025: staff costs of € 5.9 million for 57 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does European Appliances Belgium have?

According to the 2025 annual accounts, European Appliances Belgium has 57 full-time equivalents (FTE).

European Appliances Belgium (Public Limited) - Mechelen

Dossier European Appliances Belgium, printed on 1 November 2026 from databakkes.be/en/0423029569/european-appliances-belgium. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 64.3 to 57.
Figures corrected NBB

Corrected annual account filed for 2023.

Financials

Financial year 2025

European Appliances Belgium from Mechelen, company number BE0423029569, closed financial year 2025 with a result of € 649,268 after tax. For that financial year European Appliances Belgium recorded revenue of € 56.3 million and equity of € 11.7 million. Compared with financial year 2024, the result moved from € 990,985 to € 649,268. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 15, 2026.

What it is worth Growing

€ 11.7 million

▲ 18% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 649,268

▼ 34% vs 2024

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 3.1 million.

People and assets in 2025

Full-time equivalents

▼ 4.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 11.9 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 5.9 million

▼ 7% vs 2024

€ 102,800 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.

Vehicles and equipment

€ 25,434

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 10.4 million

▼ 7% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 74 days on average.

Taxes and wages

€ 1.8 million

▼ 28% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 67,086,981 Revenue 2022: € 67,086,981 First fiscal year in the series	€ 71,896,547 Revenue 2023: € 71,896,547 ▲ 7% vs 2022 (€ 67,086,981) Favourable step	€ 70,858,944 Revenue 2024: € 70,858,944 ▼ 1% vs 2023 (€ 71,896,547) Unfavourable step	€ 56,297,030 Revenue 2025: € 56,297,030 ▼ 21% vs 2024 (€ 70,858,944) Unfavourable step	▼ 21%
Profit after taxes	€ 281,830 Profit after taxes 2022: € 281,830 First fiscal year in the series	€ 699,897 Profit after taxes 2023: € 699,897 ▲ 148% vs 2022 (€ 281,830) Favourable step	€ 990,985 Profit after taxes 2024: € 990,985 ▲ 42% vs 2023 (€ 699,897) Favourable step	€ 649,268 Profit after taxes 2025: € 649,268 ▼ 34% vs 2024 (€ 990,985) Unfavourable step	▼ 34%
Equity	€ 16,751,568 Equity 2022: € 16,751,568 First fiscal year in the series	€ 10,051,464 Equity 2023: € 10,051,464 ▼ 40% vs 2022 (€ 16,751,568) Unfavourable step	€ 9,942,449 Equity 2024: € 9,942,449 ▼ 1% vs 2023 (€ 10,051,464) Unfavourable step	€ 11,691,717 Equity 2025: € 11,691,717 ▲ 18% vs 2024 (€ 9,942,449) Favourable step	▲ 18%
Total debts	€ 11,538,764 Total debts 2022: € 11,538,764 First fiscal year in the series	€ 12,347,800 Total debts 2023: € 12,347,800 ▲ 7% vs 2022 (€ 11,538,764) Unfavourable step	€ 14,782,449 Total debts 2024: € 14,782,449 ▲ 20% vs 2023 (€ 12,347,800) Unfavourable step	€ 12,202,671 Total debts 2025: € 12,202,671 ▼ 17% vs 2024 (€ 14,782,449) Favourable step	▼ 17%
Retained profit	€ 8,161,590 Retained profit 2022: € 8,161,590 First fiscal year in the series	€ 1,461,486 Retained profit 2023: € 1,461,486 ▼ 82% vs 2022 (€ 8,161,590) Unfavourable step	€ 1,352,471 Retained profit 2024: € 1,352,471 ▼ 7% vs 2023 (€ 1,461,486) Unfavourable step	€ 3,101,739 Retained profit 2025: € 3,101,739 ▲ 129% vs 2024 (€ 1,352,471) Favourable step	▲ 129%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 7,400,000 Dividend 2023: € 7,400,000 Unchanged (€ 0) Unchanged	€ 1,100,000 Dividend 2024: € 1,100,000 ▼ 85% vs 2023 (€ 7,400,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 1,100,000) Unchanged	▼ 100%
Balance sheet total	€ 32,526,865 Balance sheet total 2022: € 32,526,865 First fiscal year in the series	€ 26,953,314 Balance sheet total 2023: € 26,953,314 ▼ 17% vs 2022 (€ 32,526,865) Unchanged	€ 29,226,517 Balance sheet total 2024: € 29,226,517 ▲ 8% vs 2023 (€ 26,953,314) Unchanged	€ 27,111,202 Balance sheet total 2025: € 27,111,202 ▼ 7% vs 2024 (€ 29,226,517) Unchanged	▼ 7%
Employees (FTE)	69.6 Employees (FTE) 2022: 69.6 First fiscal year in the series	64.3 Employees (FTE) 2023: 64.3 ▼ 5.3 vs 2022 (69.6) Unchanged	61.7 Employees (FTE) 2024: 61.7 ▼ 2.6 vs 2023 (64.3) Unchanged	57 Employees (FTE) 2025: 57 ▼ 4.7 vs 2024 (61.7) Unchanged	▼ 4.7

Key figures of European Appliances Belgium, 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 European Appliances Belgium?

What happened at European Appliances Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 Garzanli Akin stepped down as director. NBB
2031 Alparslan Baris stepped down as director. NBB
2031 Rodolphe Harold H Claeys stepped down as director. NBB
Sep 15, 2026 New annual accounts for financial year 2025: profit of € 649,268 (▼ 34% vs 2024). filed late Source: NBB ↗
2026 Sen Polat became a director. NBB
2026 Dincer Cemal Can became a director. NBB
2026 Bulgurlu Hakan Hamdi stepped down as director. NBB
2026 Kemal Ebiçlioglu Fatih stepped down as director. NBB

In short

From € 281,830 profit in 2022 to € 649,268 profit in 2025.

Paid € 2.8 million in corporate taxes since 2022.

Best year ever: 2024, with € 990,985 profit.

Paid out € 8.5 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Sen Polat Dincer Cemal Can

European Appliances Belgium

Behind European Appliances Belgium are Sen Polat and Dincer Cemal Can.

Directors

According to the 2025 annual accounts

Sen Polat

Director

since 2026

Dincer Cemal Can

Director

since 2026

Alparslan Baris

Director

since 2025 · until 2031

Bulgurlu Hakan Hamdi

Director

since 2025 · until 2026

Ragip Balcioglu Mehmet

Director

since 2025 · until 2025

Kemal Ebiçlioglu Fatih

Director

since 2025 · until 2026

Rodolphe Harold H Claeys

Managing director

since 2025 · until 2031

Garzanli Akin

Director

since 2025 · until 2031

Establishments

Establishment units

Physical locations of this company

Registered office

Schaliënhoevedreef 26

2800 Mechelen

2.035.351.988

Nijverheidslaan 3 box 1

1853 Grimbergen

Active since 1 October 1982

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 →

Beko Belgium

€ 70.8 million revenue · 2024

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0423.029.569
VAT number: BE 0423.029.569
Registered office: Schaliënhoevedreef 26, 2800 Mechelen
Names & denominations: European Appliances Belgium
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 27 September 1982
Peppol: Active · Active since 1 Jan 2026
Activities · NACE: Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur

View on CBE Public ↗ Annual accounts (NBB) ↗

European Appliances Belgium

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Financials

What happened to European Appliances Belgium?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions