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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 2025.
Financials
Financial year 2026
ALSTOM Belgium from Charleroi, company number BE0436195241, closed financial year 2026 with a result of € 11.6 million after tax. For that financial year ALSTOM Belgium recorded revenue of € 814.7 million and equity of € 297.4 million. Compared with financial year 2025, the result moved from € 41.7 million to € 11.6 million. 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 July 3, 2026.
€ 297.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11.6 million
▼ 72% vs 2025
Profit after tax over the fiscal year.
€ 173.8 million
▼ 29% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 10 million paid out
86 % of the profit went to the shareholders, mostly to Alstom Holding SA (100 % of the shares). That is where the money ends up.
People and assets in 2026
1,668.6
▼ 65.2 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 176.3 million
▼ 3% vs 2025
€ 105,600 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.
€ 476,577
▲ 77% vs 2025
Of which on lease € 89,622.
Debts at end 2026
€ 79,727
▼ 52% vs 2025
€ 60,430 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 212.4 million
▲ 13% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 109 days on average.
€ 59.4 million
▼ 13% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 312,891,729 | € 738,052,830 | € 794,237,220 | € 814,748,059 | ▲ 3% |
| Profit after taxes | € 10,469,848 | € 17,206,810 | € 41,724,465 | € 11,600,486 | ▼ 72% |
| Equity | € 120,180,024 | € 302,361,857 | € 297,385,922 | € 297,393,258 | |
| Total debts | € 242,630,329 | € 638,889,515 | € 406,269,163 | € 420,461,702 | ▲ 3% |
| Cash | € 74,557,657 | € 500,393,133 | € 244,785,792 | € 173,751,623 | ▼ 29% |
| Land & buildings | € 226,271 | € 9,100,317 | € 8,057,660 | € 7,051,924 | ▼ 12% |
| Retained profit | € 85,072,249 | € 41,563,516 | € 36,587,581 | € 36,594,917 | |
| Dividend | € 0 | € 105,000,000 | € 45,000,000 | € 10,000,000 | ▼ 78% |
| Bank debt | € 393,091 | € 278,358 | € 167,125 | € 79,727 | ▼ 52% |
| Balance sheet total | € 374,888,800 | € 954,918,607 | € 721,644,684 | € 755,797,677 | ▲ 5% |
| Employees (FTE) | 1,088.5 | 1,697.9 | 1,733.8 | 1,668.6 | ▼ 65.2 |
Key figures of ALSTOM Belgium, 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 ALSTOM Belgium?
What happened at ALSTOM Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- François REYGROBELLET stepped down as director. NBB
- Jorn PROOT stepped down as director. NBB
- Jean-Marc NIZET stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 11.6 million (▼ 72% vs 2025). Source: NBB ↗
- François REYGROBELLET became a director. NBB
- Jorn PROOT became a director. NBB
- Mark LANDMANN stepped down as director. NBB
- Raffaella ALBERI stepped down as director. NBB
In short
From € 10.5 million profit in 2023 to € 11.6 million profit in 2026.
Paid € 15 million in corporate taxes since 2023.
Best year ever: 2025, with € 41.7 million profit.
Paid out € 160 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 Alstom Holding SA (100%). It owns 99.9% of Alstom Signalling Maroc SAS itself.
Directors
According to the 2026 annual accounts
François REYGROBELLET
Director
since 2026 · until 2030
Jorn PROOT
Director
since 2026 · until 2030
Mark LANDMANN
Director
since 2024 · until 2026
Raffaella ALBERI
Director
since 2023 · until 2026
Jean-Marc NIZET
Chairman of the board
since 2026 · until 2030
Bernard BELVAUX
Managing director
since 2023 · until 2025
Shareholders
Alstom Holding SA
100%
Participations
Alstom Signalling Maroc SAS
99.9%
Establishments
Establishment units
Physical locations of this company
Rue Cambier Dupret 50-52
6001 Charleroi
Rue Cambier Dupret 50/52
6001 Charleroi
Active since 12 January 1989
Vaartdijkstraat 5
8200 Brugge
Active since 1 January 1956
Marcel Broodthaersplein 8
1060 Sint-Gillis (bij-Brussel)
Active since 28 March 2013
Avenue de Spirou(FL) 32
6220 Fleurus
Active since 1 April 2019
Square des Martyrs 1 box 1°ET
6000 Charleroi
Active since 1 September 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0436.195.241
- VAT number
- BE 0436.195.241
- Registered office
- Rue Cambier Dupret 50-52, 6001 Charleroi
- Names & denominations
- ALSTOM Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1988
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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