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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 2023, 2025.
Financials
Financial year 2025
SAFRAN AERO BOOSTERS from Herstal, company number BE0432618812, closed financial year 2025 with a result of € 321.8 million after tax. For that financial year SAFRAN AERO BOOSTERS recorded revenue of € 1 billion and equity of € 1.2 billion. Compared with financial year 2024, the result moved from € 289.9 million to € 321.8 million. Profitable, and profit is growing. 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 1, 2026.
€ 1.2 billion
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 321.8 million
▲ 11% vs 2024
Profit after tax over the fiscal year.
€ 1.3 billion
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 177.7 million paid out
55 % of the profit went to the shareholders, mostly to SAFRAN SA (67 % of the shares). That is where the money ends up.
People and assets in 2025
1,532.2
▲ 54 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 176.2 million
▲ 11% vs 2024
€ 115,000 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.
€ 5.3 million
▲ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 19.9 million
▲ 29% vs 2024
Loans from banks and other lenders, long and short.
€ 437.7 million
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 302 days on average.
€ 56.8 million
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 595,033,069 | € 784,800,902 | € 889,282,074 | € 1,010,879,363 | ▲ 14% |
| Profit after taxes | € 106,155,440 | € 228,519,911 | € 289,939,868 | € 321,830,194 | ▲ 11% |
| Equity | € 902,252,053 | € 968,005,309 | € 1,093,913,495 | € 1,232,566,579 | ▲ 13% |
| Total debts | € 666,575,404 | € 886,336,553 | € 853,431,688 | € 974,670,702 | ▲ 14% |
| Cash | € 1,053,602,644 | € 1,228,992,131 | € 1,215,884,038 | € 1,298,810,518 | ▲ 7% |
| Land & buildings | € 15,406,844 | € 15,396,922 | € 15,158,841 | € 16,604,369 | ▲ 10% |
| Retained profit | € 846,327,071 | € 912,283,044 | € 1,038,367,143 | € 1,177,147,070 | ▲ 13% |
| Dividend | € 53,077,720 | € 159,963,938 | € 159,963,938 | € 177,650,267 | ▲ 11% |
| Bank debt | € 14,122,304 | € 15,493,781 | € 15,398,306 | € 19,866,550 | ▲ 29% |
| Balance sheet total | € 1,810,932,350 | € 2,077,175,007 | € 2,185,587,416 | € 2,416,433,238 | ▲ 11% |
| Employees (FTE) | 1,287.6 | 1,337.6 | 1,478.2 | 1,532.2 | ▲ 54 |
Key figures of SAFRAN AERO BOOSTERS, 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 SAFRAN AERO BOOSTERS?
What happened at SAFRAN AERO BOOSTERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Eric DALBIES stepped down as director. NBB
- Amaury BERTHOLOME stepped down as director. NBB
- Stephane Cueille stepped down as director. NBB
- François LEPOT stepped down as director. NBB
- Philippe ERRERA stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- Jean-Jacques ORSINI stepped down as director. NBB
- Eric DALBIES became a director. NBB
In short
From € 106.2 million profit in 2022 to € 321.8 million profit in 2025.
Paid € 157.8 million in corporate taxes since 2022.
Best year ever: 2025, with € 321.8 million profit.
Paid out € 550.7 million in dividends to the owners in total.
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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 SAFRAN SA (67.2%), WALLONIE ENTREPRENDRE (31%) and SFPI SA (1.8%). It owns 100% of SAFRAN AERO BOOSTERS INC, 100% of SAFRAN TEST CELLS FRANCE, 100% of Safran Test Cells India, 56% of SAFRAN BLADES, 30% of Creuzet Polska and 25% of BECOVER itself.
Directors
According to the 2025 annual accounts
Eric DALBIES
Director
since 2025 · until 2028
since 2024 · until 2027
Jean-Jacques ORSINI
Chairman of the board
since 2023 · until 2026
Amaury BERTHOLOME
Director
Also active at: Société Nationale de Construction Aérospatiale, SPA GRAND PRIX
since 2025 · until 2028
Stephane Cueille
Director
since 2025 · until 2028
Philippe ERRERA
Director
since 2024 · until 2027
Shareholders
Participations
SAFRAN AERO BOOSTERS INC
100%
SAFRAN TEST CELLS FRANCE
100%
Safran Test Cells India
100%
56%
Creuzet Polska
30%
25%
Establishments
Establishment units
Physical locations of this company
Route de Liers 121
4041 Herstal
Rue des Combattants 90
4450 Juprelle
Active since 30 December 1987
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Domain
Domain
safran-group.com
Registered
2005-02-25
Registrar
CSC Corporate Domains, Inc.
Expires
2027-02-25
Website info
Features
Details
- Company number
- 0432.618.812
- VAT number
- BE 0432.618.812
- Registered office
- Route de Liers 121, 4041 Herstal
- Names & denominations
- SAFRAN AERO BOOSTERS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 1987
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- safran-group.com
- Activities · NACE
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