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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2025.
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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
Holcim Solutions and Products EMEA from Zaventem, company number BE0695420714, closed financial year 2025 with a result of € -2.5 million after tax. For that financial year Holcim Solutions and Products EMEA recorded revenue of € 107.9 million and equity of € -2.3 million. Compared with financial year 2023, the result moved from € -11.8 million to € -2.5 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 September 10, 2026.
€ -2.3 million
▼ € 11.1 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.5 million
▲ 79 % less loss than in 2023
Profit after tax over the fiscal year.
€ 2.7 million
▲ € 2.1 million vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -11.1 million.
People and assets in 2025
44
▼ 4.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 7.5 million
▼ 7% vs 2023
€ 170,400 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.
Debts at end 2025
€ 20 million
Loans from banks and other lenders, long and short.
€ 20.9 million
▲ 37% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 75 days on average.
€ 1.8 million
▼ 37% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2020 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 117,666,741 | € 168,600,586 | € 125,530,939 | € 107,884,137 | ▼ 14% |
| Profit after taxes | € -1,083,799 | € 7,023,447 | € -11,817,338 | € -2,516,489 | ▲ € 9.3 million |
| Equity | € 6,188,575 | € 20,629,761 | € 8,812,423 | € -2,307,453 | ▼ € 11.1 million |
| Total debts | € 80,894,955 | € 47,305,440 | € 41,291,571 | € 60,170,801 | ▲ 46% |
| Cash | € 23,063,134 | € 342,839 | € 548,989 | € 2,662,244 | ▲ € 2.1 million |
| Retained profit | € -2,559,265 | € 11,881,949 | € 64,611 | € -11,055,265 | ▼ € 11.1 million |
| Bank debt | € 66,428,411 | € 20,000,000 | € 20,000,000 | € 20,000,000 | |
| Balance sheet total | € 87,083,530 | € 67,935,201 | € 50,103,994 | € 58,363,348 | ▲ 16% |
| Employees (FTE) | 41 | 45.2 | 48.6 | 44 | ▼ 4.6 |
Key figures of Holcim Solutions and Products EMEA, fiscal years 2020 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 Holcim Solutions and Products EMEA?
What happened at Holcim Solutions and Products EMEA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stevan Zivkovic stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2.5 million. filed late Source: NBB ↗
- Kris Jazdzewski became a director. NBB
- Jamie Gentoso stepped down as director. NBB
- Stevan Zivkovic became a director. NBB
- Jamie Gentoso became a director. NBB
- New establishment in Zaventem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million loss in 2020 to € 2.5 million loss in 2025.
Paid € 2.9 million in corporate taxes since 2020.
Best year ever: 2022, with € 7 million profit.
Pays suppliers within 75 days on average.
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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
Behind Holcim Solutions and Products EMEA is Kris Jazdzewski. The shares are held by Holcim Ltd (100%).
Directors
According to the 2025 annual accounts
Kris Jazdzewski
Director
since 2025
Stevan Zivkovic
Director
since 2024 · until 2027
Jamie Gentoso
Director
since 2021 · until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ikaroslaan 75
1930 Zaventem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0695.420.714
- VAT number
- BE 0695.420.714
- Registered office
- Ikaroslaan 75, 1930 Zaventem
- Names & denominations
- Holcim Solutions and Products EMEA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 April 2018
- Peppol
- Active · Active since 10 Sept 2025
- Activities · NACE
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