ACTIVE

Sedar

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Financial year 2025 · closed on 31/12/2025

Net result

15,3 k €

+616.7% YoY

Gross margin

28,9 k €

+55.5% YoY

Equity

93,9 k €

+5.9% YoY

What does Sedar do?

Sedar is a Public limited company incorporated in 1968. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0403.324.713

Incorporation

01/01/1968

Legal form

Public limited company

Registered office

Rue Américaine 215 box 8
1050 Ixelles · BruxellesSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	28,9 k €	+55.5%	18,6 k €	-38.9%	30,4 k €	+33.9%	22,7 k €	+219%	7,1 k €	-73.3%	26,6 k €	+64.2%	16,2 k €	-7.2%	17,5 k €	+107%	8,4 k €	+183%	-10,2 k €	-208%	9,4 k €	+150%	-18,8 k €	-165%	29,1 k €	+10.4%	26,3 k €	+172%	9,7 k €	+179%	-12,3 k €	-454%	3,5 k €	+321%	-1,6 k €	-104%	42,3 k €	+328%	9,9 k €
EBITDA	19,6 k €	+1355%	1,3 k €	-93.8%	21,9 k €	+51.9%	14,4 k €	+4100%	-360 €	-102%	19,5 k €	+103%	9,6 k €	-8.3%	10,5 k €	+396%	2,1 k €	+113%	-16,4 k €	-561%	3,6 k €	+114%	-25 k €	-203%	24,2 k €	+16.7%	20,7 k €	+403%	4,1 k €	+123%	-18,1 k €	-1012%	-1,6 k €	+77.3%	-7,2 k €	-119%	37,4 k €	+651%	5 k €
Operating result	15,7 k €	+715%	-2,6 k €	-114%	17,8 k €	+42.4%	12,5 k €	+202%	-12,2 k €	-251%	8,1 k €	+255%	-5,2 k €	-20.1%	-4,3 k €	+61.5%	-11,3 k €	+61.6%	-29,3 k €	-694%	-3,7 k €	+87.5%	-29,5 k €	-320%	13,4 k €	+68.7%	8 k €	+195%	-8,4 k €	+70.6%	-28,5 k €	-155%	-11,2 k €	-0.5%	-11,1 k €	-297%	5,7 k €	+250%	-3,8 k €
Net result	15,3 k €	+617%	-3 k €	-117%	17,4 k €	+42.5%	12,2 k €	+198%	-12,5 k €	-255%	8 k €	+248%	-5,5 k €	-14.6%	-4,8 k €	+62.4%	-12,7 k €	+56.9%	-29,4 k €	-636%	-4 k €	+86.5%	-29,6 k €	-317%	13,6 k €	+67.9%	8,1 k €	+201%	-8 k €	+71.1%	-27,8 k €	-148%	-11,2 k €	-6.7%	-10,5 k €	-259%	6,6 k €	+316%	-3,1 k €
Balance sheet
Equity	93,9 k €	+5.9%	88,7 k €	-12.7%	101,6 k €	+7.9%	94,2 k €	-47.9%	180,9 k €	-6.5%	193,4 k €	+4.3%	185,4 k €	-2.9%	190,8 k €	-2.4%	195,6 k €	-6.1%	208,2 k €	-12.4%	237,6 k €	-1.7%	241,6 k €	-10.9%	271,2 k €	+5.3%	257,6 k €	+3.3%	249,4 k €	-3.1%	257,5 k €	-9.7%	285,2 k €	-3.8%	296,5 k €	-3.4%	307 k €	+2.2%	300,4 k €
Total assets	117,3 k €	+5.4%	111,3 k €	-15.7%	132 k €	+9.5%	120,5 k €	-38.4%	195,6 k €	-3.7%	203 k €	+3.3%	196,5 k €	-2.7%	201,9 k €	-2.7%	207,6 k €	-10.4%	231,7 k €	-7.7%	250,9 k €	-3.6%	260,2 k €	-11.7%	294,7 k €	+4.6%	281,8 k €	+4.6%	269,3 k €	-2.9%	277,3 k €	-8.5%	302,9 k €	-4.3%	316,4 k €	-7.6%	342,6 k €	+2.5%	334,3 k €
Cash	12,2 k €	+191%	4,2 k €	+467%	735,5 €	-77.0%	3,2 k €	-67.7%	9,9 k €	-69.1%	32 k €	+10.1%	29,1 k €	+47.5%	19,7 k €	+85.9%	10,6 k €	+540%	1,7 k €	-94.1%	28,1 k €	-55.6%	63,1 k €	-4.8%	66,4 k €	+15.8%	57,3 k €	+582%	8,4 k €	+145%	3,4 k €	-84.2%	21,7 k €	+1119%	1,8 k €	-77.0%	7,7 k €	-85.7%	54,2 k €
Debts	23,4 k €	+3.3%	22,7 k €	-25.4%	30,4 k €	+20.1%	25,3 k €	+84.4%	13,7 k €	+42.5%	9,6 k €	-13.3%	11,1 k €	+0.2%	11,1 k €	-7.9%	12 k €	-48.0%	23,1 k €	+73.9%	13,3 k €	-28.3%	18,5 k €	-21.1%	23,5 k €	-3.1%	24,3 k €	+22.0%	19,9 k €	+0.3%	19,8 k €	+12.2%	17,7 k €	-11.6%	20 k €	-43.8%	35,6 k €	+4.8%	34 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 14 ended

Active mandates

Edouard-Vincent DRAPS

Director · since 19 mai 2023 · until 19 mai 2029

Active

Ended mandates

Edouard-Vincent DRAPS

Director · since 10 novembre 2020 · until 23 juin 2021

Ended

Fabrice DRAPS

Director · since 10 novembre 2020 · until 23 juin 2021

Ended

Edouard-Vincent DRAPS

Director · since 27 juin 2014 · until 15 mai 2020

Ended

Edouard-Vincent DRAPS

Director · since 27 juin 2014

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged 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	23/07/2026	17/05/2025	22/07/2024	05/07/2023	08/08/2022	16/07/2021
General meeting	02/04/2026	16/05/2025	17/05/2024	19/05/2023	20/05/2022	01/07/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	02/04/2026	23/07/2026	French	PDF
Abridged model	31/12/2024	16/05/2025	17/05/2025	French	PDF
Abridged model	31/12/2023	17/05/2024	22/07/2024	French	PDF
Abridged model	31/12/2022	19/05/2023	05/07/2023	French	PDF
Abridged model	31/12/2021	20/05/2022	08/08/2022	French	PDF
Abridged model	31/12/2020	01/07/2021	16/07/2021	French	PDF
Abridged model	31/12/2019	10/11/2020	30/11/2020	French	PDF
Abridged model	31/12/2018	25/06/2019	27/08/2019	French	PDF
Abridged model	31/12/2017	15/05/2018	17/07/2018	French	PDF
Abridged model	31/12/2016	16/06/2017	04/07/2017	French	PDF
Abridged model	31/12/2015	20/05/2016	06/07/2016	French	PDF
Abridged model	31/12/2014	15/05/2015	26/06/2015	French	PDF
Abridged model	31/12/2013	27/06/2014	28/08/2014	French	PDF
Abridged model	31/12/2012	17/05/2013	21/08/2013	French	PDF
Abridged model	31/12/2011	18/05/2012	30/07/2012	French	PDF
Abridged model	31/12/2010	10/06/2011	21/06/2011	French	PDF
Abridged model	31/12/2009	29/06/2010	24/08/2010	French	PDF
Abridged model	31/12/2008	29/06/2009	29/07/2009	French	PDF
Abridged model	31/12/2007	16/05/2008	20/06/2008	French	PDF
Abridged model	31/12/2006	29/06/2007	20/08/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 14 ended

Active mandates

Edouard-Vincent DRAPS

Director · since 19 mai 2023 · until 19 mai 2029

Active

Ended mandates

Edouard-Vincent DRAPS

Director · since 10 novembre 2020 · until 23 juin 2021

Ended

Fabrice DRAPS

Director · since 10 novembre 2020 · until 23 juin 2021

Ended

Edouard-Vincent DRAPS

Director · since 27 juin 2014 · until 15 mai 2020

Ended

Edouard-Vincent DRAPS

Director · since 27 juin 2014

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office18/12/2025
SIEGE SOCIAL
PDF
Mandates17/07/2024
DEMISSIONS, NOMINATIONS
PDF
Registered office10/03/2023
SIEGE SOCIAL
PDF
Capital / shares16/08/2022
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Restructuring21/06/2022
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates22/09/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates19/04/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates04/05/2017
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202515,3 k €↑
2024
Annual accounts 2024-3 k €↓
2023
Annual accounts 202317,4 k €↑
2022
Annual accounts 202212,2 k €↑
2021
Annual accounts 2021-12,5 k €↓
2020
Annual accounts 20208 k €↑
2019
Annual accounts 2019-5,5 k €↓
2018
Annual accounts 2018-4,8 k €↑
2017
Annual accounts 2017-12,7 k €↑
2016
Annual accounts 2016-29,4 k €↓
2015
Annual accounts 2015-4 k €↑
2014
Annual accounts 2014-29,6 k €↓
2013
Annual accounts 201313,6 k €↑
2012
Annual accounts 20128,1 k €↑
2011
Annual accounts 2011-8 k €↑
2010
Annual accounts 2010-27,8 k €↓
2009
Annual accounts 2009-11,2 k €↓
2008
Annual accounts 2008-10,5 k €↓
2007
Annual accounts 20076,6 k €↑
2006
Annual accounts 2006-3,1 k €
01/01/1968
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Sedar

Overview

What does Sedar do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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