Warning lights
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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
ArcelorMittal Building Solutions Belgium from Fleurus, company number BE0450472948, closed financial year 2024 with a result of € -19.8 million after tax. For that financial year ArcelorMittal Building Solutions Belgium recorded revenue of € 67.6 million and equity of € -28.2 million. Compared with financial year 2023, the result moved from € -5.9 million to € -19.8 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2025.
€ -28.2 million
▼ € 19.8 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19.8 million
▼ 236 % more loss than in 2023
Profit after tax over the fiscal year.
€ 5,364
▼ 92% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -39.9 million.
People and assets in 2024
108.5
▼ 5.8 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 9.1 million
▼ 3% vs 2023
€ 84,100 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.
€ 662
▼ 91% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 28.4 million
▲ 34% vs 2023
Loans from banks and other lenders, long and short.
€ 6.2 million
▼ 45% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 34 days on average.
€ 1.6 million
▼ 5% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 88,215,810 | € 107,798,780 | € 92,517,946 | € 67,583,994 | ▼ 27% |
| Profit after taxes | € 554,070 | € -2,961,151 | € -5,907,781 | € -19,832,245 | ▼ € 13.9 million |
| Equity | € 558,602 | € -2,430,044 | € -8,338,160 | € -28,170,499 | ▼ € 19.8 million |
| Total debts | € 34,361,148 | € 34,854,213 | € 34,349,801 | € 36,468,472 | ▲ 6% |
| Cash | € 244,568 | € 83,447 | € 63,256 | € 5,364 | ▼ 92% |
| Land & buildings | € 1,527,476 | € 1,443,045 | € 1,812,058 | € 2,005,005 | ▲ 11% |
| Retained profit | € -11,239,808 | € -14,200,958 | € -20,108,739 | € -39,940,984 | ▼ € 19.8 million |
| Bank debt | € 16,840,962 | € 19,427,660 | € 21,176,768 | € 28,423,962 | ▲ 34% |
| Balance sheet total | € 37,137,916 | € 34,372,884 | € 27,938,776 | € 18,688,341 | ▼ 33% |
| Employees (FTE) | 109.2 | 115.7 | 114.3 | 108.5 | ▼ 5.8 |
Key figures of ArcelorMittal Building Solutions Belgium, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ArcelorMittal Building Solutions Belgium?
What happened at ArcelorMittal Building Solutions Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- JACOBUS HUIJGEN stepped down as director. NBB
- JEAN-CHRISTOPHE KENNEL stepped down as director. NBB
- ARCELORMITTAL CONSTRUCTION FRANCE NV stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 19.8 million. Source: NBB ↗
- JACOBUS HUIJGEN became a director. NBB
- JEAN-CHRISTOPHE KENNEL became a director. NBB
- ARCELORMITTAL CONSTRUCTION FRANCE NV became a director. NBB
- New establishment in Fleurus. KBO
In short
From € 554,070 profit in 2021 to € 19.8 million loss in 2024.
Paid € 22,146 in corporate taxes since 2021.
Best year ever: 2021, with € 554,070 profit.
Pays suppliers within 34 days on average.
Management
The stake of AMDS HOLDING BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ArcelorMittal Building Solutions BelgiumThe shares are held by AMDS HOLDING BELGIUM (100%).
Directors
According to the 2024 annual accounts
JACOBUS HUIJGEN
Director
since 2024 · until 2027
JEAN-CHRISTOPHE KENNEL
Chairman of the board
since 2024 · until 2027
ARCELORMITTAL CONSTRUCTION FRANCE NV
Director · represented by STEFAAN DE RUE
since 2024 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Berlaimont(FL) 21B
6220 Fleurus
Rue du Berlaimont(FL) 21
6220 Fleurus
Active since 1 July 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0450.472.948
- VAT number
- BE 0450.472.948
- Registered office
- Rue du Berlaimont(FL) 21B, 6220 Fleurus
- Names & denominations
- ArcelorMittal Building Solutions Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 1993
- Peppol
- Active · Active since 20 Oct 2025
- Activities · NACE
Persen, stampen en profielwalsen van metaal
Bewerken van metaal en poedermetallurgie
Groothandel in ijzerwaren
Persen, stampen en profielwalsen van metaal; poedermetallurgie