ACTIVE

BELGIAN SANITARY COMPANY

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Financial year 2024 · Closed on 31/12/2024

Net result675,8 k €-39,8 %over 1 year
Gross margin2,3 M €-19,9 %over 1 year
Equity1,3 M €+18,6 %over 1 year
Workforce13,3 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

BELGIAN SANITARY COMPANY is a Public limited company incorporated in 1971. Its main activity is: Wholesale of hardware, plumbing and heating equipment and supplies. Its registered office is in Anderlecht. It employs on average 13,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0408.339.019
Incorporation
17/05/1971
Legal form
Public limited company
Registered office
Rue des Bassins 20
1070 Anderlecht · BruxellesSee on map
Contributed capital
186 000,00 €
Latest accounts
31/12/2024
Average workforce
13,3 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20242023202220212020
Income statement
Gross margin2,3 M €2,9 M €3,4 M €3,9 M €2,8 M €
EBITDA1,2 M €1,7 M €2,4 M €3 M €1,9 M €
Operating result1,1 M €1,7 M €2,4 M €2,9 M €1,8 M €
Net result675,8 k €1,1 M €1,8 M €2,1 M €1,5 M €
Balance sheet
Equity1,3 M €1,1 M €1,5 M €1,9 M €440,4 k €
Total assets3 M €2,9 M €4 M €4,7 M €4,5 M €
Cash877 k €681,7 k €1,3 M €1,2 M €1,4 M €
Debts1,7 M €1,8 M €2,5 M €2,4 M €3,6 M €
Other
Workforce13,3 ETP13,3 ETP13,4 ETP11,8 ETP12,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 13 ended

Active mandates

ELLISA

Managing director · since 30 mars 2024 · until 16 septembre 2025 · 0885.762.329

Represented by Bart DEFRAEIJE

Active
European Sanitary Company

Director · since 30 mars 2024 · until 30 mars 2030 · 0751.615.386

Represented by Mathias TIMPERMAN

Active

Ended mandates

ELLISA

Managing director · since 10 novembre 2020 · until 14 juin 2024 · 0885.762.329

Represented by Bart DEFRAEIJE

Ended
European Sanitary Company

Director · since 10 novembre 2020 · until 12 juin 2025 · 0751.615.386

Represented by Mathias TIMPERMAN

Ended
European Sanitary Company

Director · since 10 novembre 2020 · until 12 juin 2026 · 0751.615.386

Represented by Mathias TIMPERMAN

Ended
ELLISA

Managing director · since 01 janvier 2019 · until 11 juin 2021 · 0885.762.329

Represented by Bart DEFRAEIJE

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/09/202517/06/202426/07/202323/06/202226/07/202112/11/2020
General meeting16/09/202514/06/202430/06/202310/06/202211/06/202110/11/2020
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202416/09/202529/09/2025DutchPDF
Abridged model31/12/202314/06/202417/06/2024DutchPDF
Abridged model31/12/202230/06/202326/07/2023DutchPDF
Abridged model31/12/202110/06/202223/06/2022DutchPDF
Abridged model31/12/202011/06/202126/07/2021DutchPDF
Abridged model31/12/201910/11/202012/11/2020DutchPDF
Abridged model31/12/201814/06/201917/09/2019DutchPDF
Abridged model31/12/201714/09/201824/09/2018DutchPDF
Abridged model31/12/201609/06/201723/08/2017DutchPDF
Abridged model31/12/201529/06/201619/07/2016DutchPDF
Abridged modelCorrection31/12/201429/06/201515/09/2015DutchPDF
Abridged model31/12/201429/06/201521/08/2015DutchPDF
Abridged model31/12/201323/06/201401/08/2014DutchPDF
Abridged model31/12/201230/06/201330/08/2013DutchPDF
Abridged model31/12/201129/06/201220/08/2012DutchPDF
Abridged model31/12/201030/06/201125/07/2011DutchPDF
Abridged model31/12/200930/06/201020/08/2010DutchPDF
Abridged model31/12/200801/09/200930/09/2009DutchPDF
Abridged model31/12/200727/06/200815/09/2008DutchPDF
Abridged model31/12/200608/06/200720/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2024

2 active · 13 ended

Active mandates

ELLISA

Managing director · since 30 mars 2024 · until 16 septembre 2025 · 0885.762.329

Represented by Bart DEFRAEIJE

Active
European Sanitary Company

Director · since 30 mars 2024 · until 30 mars 2030 · 0751.615.386

Represented by Mathias TIMPERMAN

Active

Ended mandates

ELLISA

Managing director · since 10 novembre 2020 · until 14 juin 2024 · 0885.762.329

Represented by Bart DEFRAEIJE

Ended
European Sanitary Company

Director · since 10 novembre 2020 · until 12 juin 2025 · 0751.615.386

Represented by Mathias TIMPERMAN

Ended
European Sanitary Company

Director · since 10 novembre 2020 · until 12 juin 2026 · 0751.615.386

Represented by Mathias TIMPERMAN

Ended
ELLISA

Managing director · since 01 janvier 2019 · until 11 juin 2021 · 0885.762.329

Represented by Bart DEFRAEIJE

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/06/2024
    BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares29/05/2024
    KAPITAAL - AANDELEN
    PDF
  • Mandates01/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/01/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/09/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares31/01/2012
    KAPITAAL - AANDELEN
    PDF
  • Mandates16/12/2009
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024675,8 k €↓
  2. 2023
    Annual accounts 20231,1 M €↓
  3. 2022
    Annual accounts 20221,8 M €↓
  4. 2021
    Annual accounts 20212,1 M €↑
  5. 2020
    Annual accounts 20201,5 M €↑
  6. 2019
    Annual accounts 20191,2 M €↑
  7. 2018
    Annual accounts 2018881,1 k €↑
  8. 2017
    Annual accounts 2017601,7 k €↑
  9. 2016
    Annual accounts 2016270,2 k €↓
  10. 2015
    Annual accounts 2015348,4 k €↓
  11. 2014
    Annual accounts 2014521,4 k €↓
  12. 2013
    Annual accounts 20131,8 M €↑
  13. 2012
    Annual accounts 2012811,9 k €↑
  14. 2011
    Annual accounts 2011572,7 k €↑
  15. 2010
    Annual accounts 2010508,9 k €↓
  16. 2009
    Annual accounts 2009633,1 k €↑
  17. 2008
    Annual accounts 2008563 k €↑
  18. 2007
    Annual accounts 2007461,7 k €↓
  19. 2006
    Annual accounts 2006556,3 k €
  20. 17/05/1971
    IncorporationPublic limited company