ACTIVE

S.A.R.E.M.

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Financial year 2026 · Closed on 31/03/2026

Net result-226,3 k €-155,5 %over 1 year

Revenue13,1 M €-6,3 %over 1 year

Equity549,6 k €-29,2 %over 1 year

Workforce20,9 ETP-12,2 %over 1 year

Identity

Source · BCE/KBO

S.A.R.E.M. is a Public limited company incorporated in 1959. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Hasselt. It employs on average 20,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0401.345.121
Incorporation: 01/01/1959
Legal form: Public limited company
Registered office: Gebrandestraat 60B
3511 Hasselt · FlandreSee on map
Contributed capital: 200 000,00 €
Latest accounts: 31/03/2026
Average workforce: 20,9 ETP

Activities (NACE)

46431Wholesale of electrical household appliances· main 46431Wholesale of electrical household appliances 51430Air transport

Joint committees (3)

14901
200
218

Signals

Positive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2026		2025		2024		2023		2022
Income statement
Revenue	13,1 M €	-6.3%	14 M €	-4.3%	14,6 M €	-8.8%	16 M €	+10.9%	14,4 M €
EBITDA	26,5 k €	-86.4%	194,6 k €	+36.7%	142,3 k €	-64.8%	404,7 k €	+110%	192,7 k €
Operating result	-63,3 k €	-167%	94,8 k €	+116%	44 k €	-77.9%	199,4 k €	+100%	99,5 k €
Net result	-226,3 k €	-155%	-88,6 k €	+36.3%	-139,2 k €	-326%	61,6 k €	+172%	22,6 k €
Balance sheet
Equity	549,6 k €	-29.2%	776 k €	-10.2%	864,6 k €	-13.9%	1 M €	+6.5%	942,1 k €
Total assets	7 M €	-2.1%	7,2 M €	-2.5%	7,4 M €	-11.6%	8,3 M €	-7.2%	9 M €
Cash	251,8 k €	+101%	125,6 k €	-38.8%	205,1 k €	-63.1%	555,7 k €	-16.3%	663,8 k €
Debts	6,5 M €	+1.1%	6,4 M €	-1.1%	6,5 M €	-11.4%	7,3 M €	-9.2%	8 M €
Other
Workforce	20,9 ETP	-12.2%	23,8 ETP	-3.6%	24,7 ETP	-3.5%	25,6 ETP	-2.7%	26,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/03/2026

3 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ingrid Salaets	Director01/01/2018 → 01/09/2027
Irena Salaets	Director04/09/2002 → 01/09/2027
Lukas Salaets	Managing director01/09/2021 → 01/09/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Luk Salaets	Director01/09/2021 → 2025 accountsManaging director01/09/2021 → 2023 accounts
Sigrid Salaets	Director01/01/2018 → 2019 accounts
Jurgen SALAETS	Chairman of the board of directors25/09/2015 → 2016 accounts

Full financial information

Source · NBB

	2026	2025	2024	2023	2022	2021
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/03/2026	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	14/10/2026	12/09/2025	04/10/2024	12/09/2023	27/09/2022	17/09/2021
General meeting	02/09/2026	03/09/2025	04/09/2024	06/09/2023	07/09/2022	01/09/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/03/2026	02/09/2026	14/10/2026	Dutch	PDF
Full model	31/03/2025	03/09/2025	12/09/2025	Dutch	PDF
Full model	31/03/2024	04/09/2024	04/10/2024	Dutch	PDF
Full model	31/03/2023	06/09/2023	12/09/2023	Dutch	PDF
Full model	31/03/2022	07/09/2022	27/09/2022	Dutch	PDF
Full model	31/03/2021	01/09/2021	17/09/2021	Dutch	PDF
Full model	31/03/2020	02/09/2020	21/09/2020	Dutch	PDF
Full model	31/03/2019	04/09/2019	10/09/2019	Dutch	PDF
Full model	31/03/2018	05/09/2018	18/09/2018	Dutch	PDF
Full model	31/03/2017	06/09/2017	12/09/2017	Dutch	PDF
Full model	31/03/2016	07/09/2016	23/09/2016	Dutch	PDF
Full model	31/03/2015	02/09/2015	03/09/2015	Dutch	PDF
Full model	31/03/2014	03/09/2014	08/01/2015	Dutch	PDF
Full model	31/03/2013	04/08/2013	01/10/2013	Dutch	PDF
Full model	31/03/2012	05/09/2012	26/09/2012	Dutch	PDF
Full model	31/03/2011	07/09/2011	27/09/2011	Dutch	PDF
Full model	31/03/2010	01/09/2010	14/09/2010	Dutch	PDF
Full model	31/03/2009	02/09/2009	14/09/2009	Dutch	PDF
Full model	31/03/2008	03/09/2008	16/09/2008	Dutch	PDF
Full model	31/03/2007	05/09/2007	25/09/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/03/2026

3 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ingrid Salaets	Director01/01/2018 → 01/09/2027
Irena Salaets	Director04/09/2002 → 01/09/2027
Lukas Salaets	Managing director01/09/2021 → 01/09/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Luk Salaets	Director01/09/2021 → 2025 accountsManaging director01/09/2021 → 2023 accounts
Sigrid Salaets	Director01/01/2018 → 2019 accounts
Jurgen SALAETS	Chairman of the board of directors25/09/2015 → 2016 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates16/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/08/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/05/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/04/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/10/2015
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation1959

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Ingrid Salaets

Lukas Salaets

Irena Salaets

Luk Salaets

Sigrid Salaets

Jurgen SALAETS

BSV Holding

Pieter Herman Salaets

Anna Bortels

19661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027

S.A.R.E.M.

Gebrandestraat 60 bte B, 3511 Kuringen

Director

Managing director

Director

DirectorChairman of the board of directorsManaging director

Director

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Gebrandestraat 60B, 3511 KuringenCurrent		CBE
Gebrandestraat 60 bte B, 3511 Kuringen	accounts 2022 → 2026	Accounts 2026 · 2026-00566524

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
S.A.R.E.M.Current	accounts 2022 → 2026	Accounts 2026 · 2026-00566524

Events

2026
Annual accounts 2026-226,3 k €↓
2025
Annual accounts 2025-88,6 k €↑
2024
Annual accounts 2024-139,2 k €↓
2023
Annual accounts 202361,6 k €↑
2022
Annual accounts 202222,6 k €↓
2021
Annual accounts 202123,8 k €↓
2019
Annual accounts 201933,6 k €↑
2018
Annual accounts 2018-8,6 k €↑
2017
Annual accounts 2017-118,5 k €↓
2016
Annual accounts 2016-29,4 k €↓
2015
Annual accounts 201529,2 k €↓
2014
Annual accounts 201438,1 k €↑
2013
Annual accounts 2013-172,8 k €↓
2012
Annual accounts 201229,3 k €↑
2011
Annual accounts 2011-104,4 k €↑
2010
Annual accounts 2010-354,2 k €↓
2009
Annual accounts 200952,4 k €↓
2008
Annual accounts 2008157,7 k €↑
2007
Annual accounts 2007151,3 k €
01/01/1959
IncorporationPublic limited company

S.A.R.E.M.

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events