ACTIVE

Shur-Lok International

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Financial year 2025 · Closed on 31/12/2025

Net result4,2 M €+46,7 %over 1 year
Revenue26,4 M €+11,9 %over 1 year
Equity8,6 M €+1,8 %over 1 year
Workforce96,0 ETP+9,0 %over 1 year

Identity

Source · BCE/KBO

Shur-Lok International is a Public limited company incorporated in 1968. Its registered office is in Verviers. It employs on average 96,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0401.916.530
Incorporation
01/05/1968
Legal form
Public limited company
Registered office
Avenue des Biolleux 18
4800 Verviers · WallonieSee on map
Contributed capital
196 000,00 €
Latest accounts
31/12/2025
Average workforce
96,0 ETP
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 21 filings

Trend over 14 financial years

20252024202320212020
Income statement
Revenue26,4 M €23,6 M €20,5 M €–15,9 M €
EBITDA6,9 M €4,4 M €3,6 M €–2,9 M €
Operating result6 M €3,7 M €3,1 M €–2,4 M €
Net result4,2 M €2,8 M €2,2 M €–1,5 M €
Balance sheet
Equity8,6 M €8,4 M €8,1 M €–7,3 M €
Total assets19 M €17,3 M €16,9 M €–11,2 M €
Cash–585 €585 €–61,1 k €
Debts10,2 M €8,7 M €8,6 M €–2,7 M €
Other
Workforce96,0 ETP88,1 ETP83,2 ETP–90,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 21 ended

Active mandates

Michaël MLAKAR

Managing director · since 29 juin 2022 · until 29 juin 2028

Active
Shawn Hagel

Director · since 30 juin 2021 · until 14 juin 2027

Active
Ruth BEYER

Director · since 11 septembre 2020 · until 08 juin 2026

Active

Ended mandates

Benoît COLAUX

Director · since 20 décembre 2021 · until 31 décembre 2021

Ended
Michaël MLAKAR

Managing director · since 29 juillet 2016 · until 13 juin 2022

Ended
Michaël MLAKAR

Managing director · since 29 juillet 2016 · until 29 juin 2022

Ended
Andrew MASTERMAN

Director · since 10 octobre 2014 · until 14 septembre 2020

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/07/202607/07/202508/07/202414/07/202313/07/202201/07/2021
General meeting08/06/202610/06/202510/06/202430/06/202329/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202508/06/202602/07/2026FrenchPDF
Full model31/12/202410/06/202507/07/2025FrenchPDF
Full model31/12/202310/06/202408/07/2024FrenchPDF
Full model31/12/202230/06/202314/07/2023FrenchPDF
Full modelCorrection31/12/202129/06/202213/07/2022FrenchPDF
Full model31/12/202129/06/202207/07/2022FrenchPDF
Full model31/12/202030/06/202101/07/2021FrenchPDF
Full model31/12/201924/07/202030/07/2020FrenchPDF
Full model31/12/201828/06/201901/08/2019FrenchPDF
Full model31/12/201729/06/201829/06/2018FrenchPDF
Full model31/12/201626/06/201713/07/2017FrenchPDF
Full model31/01/201629/07/201615/09/2016FrenchPDF
Full model31/03/201514/09/201507/10/2015FrenchPDF
Full model31/03/201408/09/201408/12/2014FrenchPDF
Full model31/03/201309/09/201314/11/2013FrenchPDF
Full model31/03/201210/09/201220/09/2012FrenchPDF
Full model31/03/201112/09/201121/09/2011FrenchPDF
Full model31/03/201013/09/201012/10/2010FrenchPDF
Full model31/03/200914/09/200923/10/2009FrenchPDF
Full model31/03/200824/09/200822/10/2008FrenchPDF
Full model31/03/200701/10/200711/10/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 M€

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 31/12/2025

3 active · 21 ended

Active mandates

Michaël MLAKAR

Managing director · since 29 juin 2022 · until 29 juin 2028

Active
Shawn Hagel

Director · since 30 juin 2021 · until 14 juin 2027

Active
Ruth BEYER

Director · since 11 septembre 2020 · until 08 juin 2026

Active

Ended mandates

Benoît COLAUX

Director · since 20 décembre 2021 · until 31 décembre 2021

Ended
Michaël MLAKAR

Managing director · since 29 juillet 2016 · until 13 juin 2022

Ended
Michaël MLAKAR

Managing director · since 29 juillet 2016 · until 29 juin 2022

Ended
Andrew MASTERMAN

Director · since 10 octobre 2014 · until 14 septembre 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/10/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/02/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/12/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/03/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/01/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/02/2017
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20254,2 M €↑
  2. 2024
    Annual accounts 20242,8 M €↑
  3. 2023
    Annual accounts 20232,2 M €↑
  4. 2021
    Annual accounts 2021
  5. 2020
    Annual accounts 20201,5 M €↓
  6. 2019
    Annual accounts 20192,9 M €↓
  7. 2017
    Annual accounts 20173,1 M €↑
  8. 2016
    Annual accounts 20162,6 M €↓
  9. 2014
    Annual accounts 20143,5 M €↑
  10. 2013
    Annual accounts 20132,9 M €↑
  11. 2011
    Annual accounts 20111,1 M €↓
  12. 2010
    Annual accounts 20101,6 M €↓
  13. 2009
    Annual accounts 20091,7 M €↑
  14. 2008
    Annual accounts 2008879,2 k €
  15. 01/05/1968
    IncorporationPublic limited company