Financials
Financial year 2025
SYSTEMAIR from Aarschot, company number BE0438835324, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year SYSTEMAIR recorded revenue of € 22.8 million and equity of € 4.5 million. Compared with financial year 2024, the result moved from € 1.1 million to € 1.3 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 November 29, 2025.
€ 4.5 million
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ 16% vs 2024
Profit after tax over the fiscal year.
€ 57,927
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 400,000 paid out
31 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
28.2
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.7 million
▲ 11% vs 2024
€ 129,500 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.
€ 132,725
▼ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.1 million
▲ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 1.5 million
▲ 34% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,886,227 | € 19,111,162 | € 21,692,885 | € 22,800,559 | ▲ 5% |
| Profit after taxes | € 632,454 | € 1,078,583 | € 1,091,679 | € 1,271,145 | ▲ 16% |
| Equity | € 1,958,879 | € 3,011,165 | € 3,676,546 | € 4,521,394 | ▲ 23% |
| Total debts | € 5,081,278 | € 6,303,082 | € 3,424,039 | € 4,083,256 | ▲ 19% |
| Cash | € 77,065 | € 18,264 | € 86,464 | € 57,927 | ▼ 33% |
| Land & buildings | € 715,695 | € 623,033 | € 549,962 | € 426,075 | ▼ 23% |
| Retained profit | € -1,536,305 | € -457,722 | € 233,957 | € 1,105,102 | ▲ € 871,145 |
| Dividend | € 0 | € 0 | € 400,000 | € 400,000 | |
| Balance sheet total | € 7,050,157 | € 9,324,247 | € 7,200,585 | € 8,704,650 | ▲ 21% |
| Employees (FTE) | 23 | 26.1 | 27.1 | 28.2 | ▲ 1.1 |
Key figures of SYSTEMAIR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 November 2026.
What happened to SYSTEMAIR?
What happened at SYSTEMAIR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Karl-Olof Glassel stepped down as director. NBB
- Bengt Anders Claesson Ulff stepped down as director. NBB
- Steve Robijn stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.3 million (▲ 16% vs 2024). Source: NBB ↗
- Karl-Olof Glassel became a director. NBB
- Bengt Anders Claesson Ulff became a director. NBB
- Steve Robijn became a director. NBB
- New establishment in Aarschot. KBO
In short
From € 632,454 profit in 2022 to € 1.3 million profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.3 million profit.
Paid out € 800,000 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Karl-Olof Glassel
Director
since 2021 · until 2027
Bengt Anders Claesson Ulff
Director
since 2021 · until 2027
Steve Robijn
Managing director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Nieuwlandlaan 133 box 635
3200 Aarschot
Parc Industriel Paysager de Tyberchamps 6
7180 Seneffe
Active since 24 February 1992
Nieuwlandlaan 133 box B635
3200 Aarschot
Active since 28 April 2015
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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
Domain
Domain
systemair.com
Registered
1998-05-26
Registrar
InterNetX GmbH
Expires
2026-05-25
Website info
Features
Security
Details
- Company number
- 0438.835.324
- VAT number
- BE 0438.835.324
- Registered office
- Nieuwlandlaan 133 bus 635, 3200 Aarschot
- Names & denominations
- SYSTEMAIR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 November 1989
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- systemair.com
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