ACTIVE

Société pour le Développement et l'Expansion d'Entreprises

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Financial year 2025 · Closed on 31/12/2025

Net result
91,3 k €
+1 094,9 %over 1 year
Gross margin
642,4 k €
+13,4 %over 1 year
Equity
1,9 M €
+4,5 %over 1 year

Identity

Source · BCE/KBO

Société pour le Développement et l'Expansion d'Entreprises is a Public limited company incorporated in 1949. Its main activity is: Agents involved in the sale of furniture, household goods, hardware and ironmongery. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0407.142.949
Incorporation
02/08/1949
Legal form
Public limited company
Registered office
Rue de Livourne 66 box 6
1000 Bruxelles · BruxellesSee on map
Contributed capital
247 893,52 €
Latest accounts
31/12/2025
Joint committees (2)
  • 100
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin642,4 k €566,4 k €679,8 k €759,5 k €440 k €
EBITDA171 k €-220,4 k €123,6 k €300 k €48,8 k €
Operating result169 k €-220,8 k €123,3 k €296,6 k €43,1 k €
Net result91,3 k €-9,2 k €78,4 k €238,1 k €26,8 k €
Balance sheet
Equity1,9 M €1,8 M €1,8 M €1,7 M €1,5 M €
Total assets3,1 M €3 M €5,1 M €4,3 M €2,8 M €
Cash549,7 k €673,9 k €319 k €1,2 M €399,5 k €
Debts1,3 M €1,2 M €3,3 M €2,5 M €1,3 M €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 10 ended

Active mandates

ELWYN BLATTNER

Managing director · since 10 juin 2019 · until 10 juin 2025

Active
JONATHAN BLATTNER

Director · since 10 juin 2019 · until 10 juin 2025

Active
MICHAEL BLATTNER

Director · since 10 juin 2019 · until 10 juin 2025

Active

Ended mandates

JONATHAN BLATTNER

Director · since 10 juin 2008 · until 10 juin 2014

Ended
JONATHAN BLATTNER

Director · since 10 juin 2008

Ended
MICHAEL BLATTNER

Director · since 10 juin 2008 · until 10 juin 2014

Ended
MICHAEL BLATTNER

Director · since 10 juin 2008

Ended

Other companies at this address

Rue de Livourne 66 1000 Bruxelles
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0400.438.269
FONDATION GOSHEN● Active
0795.416.925
GENERAL TRANSPORT SERVICES● Active
0444.637.706
International Resources● Active
0407.267.267
J.E.T. Executive Transport Europe● Active
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JUBILE FOR AFRICA● Active
0848.810.772
LOGIN-BXL● Active
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SMP INTERNATIONAL● Bankrupt
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Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date13/08/202631/07/202525/07/202420/09/202302/08/202230/08/2021
General meeting30/06/202630/06/202530/06/202430/06/202330/06/202230/06/2021
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
Micro model31/12/202530/06/202613/08/2026FrenchPDF
Micro model31/12/202430/06/202531/07/2025FrenchPDF
Micro model31/12/202330/06/202425/07/2024FrenchPDF
Micro model31/12/202230/06/202320/09/2023FrenchPDF
Micro model31/12/202130/06/202202/08/2022FrenchPDF
Micro model31/12/202030/06/202130/08/2021FrenchPDF
Micro model31/12/201931/08/202009/11/2020FrenchPDF
Abridged model31/12/201822/05/201913/08/2019FrenchPDF
Abridged model31/12/201722/05/201806/08/2018FrenchPDF
Abridged model31/12/201625/05/201709/08/2017FrenchPDF
Abridged model31/12/201525/05/201611/08/2016FrenchPDF
Abridged model31/12/201426/05/201508/07/2015FrenchPDF
Abridged model31/12/201327/05/201410/07/2014FrenchPDF
Abridged model31/12/201228/05/201326/06/2013FrenchPDF
Abridged model31/12/201122/05/201203/07/2012FrenchPDF
Abridged model31/12/201024/05/201129/06/2011FrenchPDF
Abridged model31/12/200925/05/201030/06/2010FrenchPDF
Abridged model31/12/200826/05/200928/08/2009FrenchPDF
Abridged model31/12/200727/05/200829/08/2008FrenchPDF
Abridged model31/12/200622/05/200712/07/2007FrenchPDF
Abridged modelCorrection31/12/200523/05/200624/01/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2025

3 active · 10 ended

Active mandates

ELWYN BLATTNER

Managing director · since 10 juin 2019 · until 10 juin 2025

Active
JONATHAN BLATTNER

Director · since 10 juin 2019 · until 10 juin 2025

Active
MICHAEL BLATTNER

Director · since 10 juin 2019 · until 10 juin 2025

Active

Ended mandates

JONATHAN BLATTNER

Director · since 10 juin 2008 · until 10 juin 2014

Ended
JONATHAN BLATTNER

Director · since 10 juin 2008

Ended
MICHAEL BLATTNER

Director · since 10 juin 2008 · until 10 juin 2014

Ended
MICHAEL BLATTNER

Director · since 10 juin 2008

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/11/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/02/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/01/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Other15/01/2013
    OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates29/04/2009
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/04/2009
    DEMISSIONS, NOMINATIONS
    PDF
  • Other07/01/2008
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates26/09/2007
    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 202591,3 k €↑
  2. 2024
    Annual accounts 2024-9,2 k €↓
  3. 2023
    Annual accounts 202378,4 k €↓
  4. 2022
    Annual accounts 2022238,1 k €↑
  5. 2021
    Annual accounts 202126,8 k €↑
  6. 2020
    Annual accounts 2020-290,7 k €↓
  7. 2019
    Annual accounts 2019-3,3 k €↑
  8. 2018
    Annual accounts 2018-105,6 k €↓
  9. 2017
    Annual accounts 201762,7 k €↑
  10. 2016
    Annual accounts 2016-191,5 k €↓
  11. 2015
    Annual accounts 2015-72,2 k €↓
  12. 2014
    Annual accounts 2014129,5 k €↓
  13. 2013
    Annual accounts 2013205,5 k €↓
  14. 2012
    Annual accounts 2012207,8 k €↑
  15. 2011
    Annual accounts 2011132,8 k €↓
  16. 2010
    Annual accounts 2010145,4 k €↓
  17. 2009
    Annual accounts 2009551,4 k €↑
  18. 2008
    Annual accounts 200896,8 k €↓
  19. 2007
    Annual accounts 2007135,3 k €
  20. 02/08/1949
    IncorporationPublic limited company