SETIP-GCUBE
0401.962.753 · rovalta.com · 25/09/2026
ACTIVE
SETIP-GCUBE
Financial year 2025 · Closed on 31/12/2025
Net result607,4 k €-38,8 %over 1 year
Revenue20,3 M €
Equity3,4 M €+22,0 %over 1 year
Workforce58,2 ETP+12,1 %over 1 year
Overview
Identity
Source · BCE/KBOSETIP-GCUBE is a Public limited company incorporated in 1965. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Ganshoren. It employs on average 58,2 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0401.962.753
- Incorporation
- 02/03/1965
- Legal form
- Public limited company
- Registered office
- Avenue de Rusatira 8
1083 Ganshoren · BruxellesSee on map - Contributed capital
- 125 000,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 58,2 ETP
Activities (NACE)
Joint committees (3)
- 124
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 20 filingsTrend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 20,3 M € | – | – | – | – | ||||
| EBITDA | 1,6 M € | -6.9% | 1,7 M € | +113% | 782 k € | -6.5% | 836,3 k € | +113% | 393,4 k € |
| Operating result | 1,1 M € | -21.4% | 1,4 M € | +155% | 558,7 k € | -9.4% | 616,9 k € | +120% | 280,3 k € |
| Net result | 607,4 k € | -38.8% | 992,3 k € | +294% | 252 k € | -32.4% | 373 k € | +264% | 102,4 k € |
| Balance sheet | |||||||||
| Equity | 3,4 M € | +22.0% | 2,8 M € | +17.9% | 2,3 M € | +12.0% | 2,1 M € | +21.7% | 1,7 M € |
| Total assets | 9,8 M € | -0.1% | 9,8 M € | +22.9% | 8 M € | +1.5% | 7,8 M € | +11.3% | 7 M € |
| Cash | 436,7 k € | -31.0% | 633,4 k € | +119% | 289,4 k € | -46.5% | 540,7 k € | +15.7% | 467,2 k € |
| Debts | 6 M € | -8.9% | 6,6 M € | +20.1% | 5,5 M € | -2.8% | 5,7 M € | +7.7% | 5,3 M € |
| Other | |||||||||
| Workforce | 58,2 ETP | +12.1% | 51,9 ETP | +13.1% | 45,9 ETP | +18.6% | 38,7 ETP | +8.4% | 35,7 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20253 active · 28 ended
Active mandates
Ended mandates
Other companies at this address
Avenue de Rusatira 8 1083 Ganshoren| Company | CBE no. |
|---|---|
| 1008.522.658 | |
BUSINESS DEVELOPMENT MKW● Active | 0747.563.360 |
I.A.V. RAPHA● Active | 0674.477.325 |
URBANEA Estates● Active | 0567.565.806 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 31/08/2026 | 30/07/2025 | 15/07/2024 | 23/08/2023 | 09/09/2022 | 30/09/2021 |
| General meeting | 31/07/2026 | 30/06/2025 | 06/06/2024 | 01/06/2023 | 02/06/2022 | 29/09/2021 |
| 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 · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 31/07/2026 | 31/08/2026 | French | |
| Abridged model | 31/12/2024 | 30/06/2025 | 30/07/2025 | French | |
| Abridged model | 31/12/2023 | 06/06/2024 | 15/07/2024 | French | |
| Abridged model | 31/12/2022 | 01/06/2023 | 23/08/2023 | French | |
| Abridged model | 31/12/2021 | 02/06/2022 | 09/09/2022 | French | |
| Abridged model | 31/12/2020 | 29/09/2021 | 30/09/2021 | French | |
| Abridged model | 31/12/2019 | 30/09/2020 | 16/10/2020 | French | |
| Abridged model | 31/12/2018 | 06/06/2019 | 29/08/2019 | French | |
| Abridged model | 31/12/2017 | 07/06/2018 | 24/08/2018 | French | |
| Abridged model | 31/12/2016 | 01/06/2017 | 14/07/2017 | French | |
| Abridged model | 31/12/2015 | 02/06/2016 | 15/07/2016 | French | |
| Abridged model | 31/12/2014 | 25/09/2015 | 29/09/2015 | French | |
| Abridged model | 31/12/2013 | 05/06/2014 | 11/06/2014 | French | |
| Abridged model | 31/12/2012 | 10/07/2013 | 12/07/2013 | French | |
| Abridged model | 31/12/2011 | 27/06/2012 | 10/07/2012 | French | |
| Abridged model | 31/12/2010 | 03/06/2011 | 15/07/2011 | French | |
| Abridged model | 31/12/2009 | 29/04/2010 | 30/04/2010 | French | |
| Abridged model | 31/12/2008 | 04/06/2009 | 20/08/2009 | French | |
| Abridged model | 31/12/2007 | 05/06/2008 | 26/07/2008 | French | |
| Abridged model | 31/12/2006 | 07/06/2007 | 31/07/2007 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 5 M€ and 10 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20253 active · 28 ended
Active mandates
Ended mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates13/02/2024OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Registered office03/09/2021SIEGE SOCIAL
- Mandates20/11/2020DEMISSIONS, NOMINATIONS
- Mandates20/08/2020DEMISSIONS, NOMINATIONS
- Mandates19/04/2018DENOMINATION
- Mandates13/10/2015DEMISSIONS, NOMINATIONS
- Mandates08/10/2013DEMISSIONS, NOMINATIONS
- Mandates26/03/2012DEMISSIONS, NOMINATIONS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025607,4 k €↓
- 2025Name changeSETIP SA
- 2024Annual accounts 2024992,3 k €↑
- 2023Annual accounts 2023252 k €↓
- 2022Annual accounts 2022373 k €↑
- 2021Annual accounts 2021102,4 k €↓
- 2021Name changeSETIP-GCUBE
- 2020Annual accounts 2020145,1 k €↓
- 2019Annual accounts 2019314 k €↑
- 2018Annual accounts 2018206,6 k €↓
- 2017Annual accounts 2017230,5 k €↑
- 2016Annual accounts 201684,7 k €↑
- 2015Annual accounts 2015-13,9 k €↓
- 2014Annual accounts 201421,6 k €↓
- 2013Annual accounts 201352,6 k €↑
- 2012Annual accounts 2012-25,4 k €↓
- 2011Annual accounts 201143,3 k €↑
- 2010Annual accounts 20108,6 k €↓
- 2009Annual accounts 200935,1 k €↑
- 2008Annual accounts 2008-90 k €↓
- 2007Annual accounts 2007111,4 k €↓
- 2006Annual accounts 2006149,5 k €
- 02/03/1965IncorporationPublic limited company