ACTIVE

Service de Remplacement Agricole Ardenne-Eifel

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Financial year 2025 · Closed on 31/12/2025

Net result-8,1 k €-145,2 %over 1 year

Gross margin188,3 k €-13,5 %over 1 year

Equity222,9 k €-3,5 %over 1 year

Workforce4,1 ETP-12,8 %over 1 year

Identity

Source · BCE/KBO

Service de Remplacement Agricole Ardenne-Eifel is a Non-profit organization incorporated in 1974. Its main activity is: Raising of dairy cattle. Its registered office is in Stoumont. It employs on average 4,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0414.540.287
Incorporation: 19/04/1974
Legal form: Non-profit organization
Registered office: Chession 49
4987 Stoumont · WallonieSee on map
Latest accounts: 31/12/2025
Average workforce: 4,1 ETP

Activities (NACE)

01412Raising of dairy cattle· main 01610Support activities for crop production 01610Support activities for crop production 74879Other professional, scientific and technical activities 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.

Joint committees (2)

Signals

Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 9 filings

Trend over 9 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	188,3 k €	-13.5%	217,6 k €	+3.5%	210,2 k €	+20.9%	173,9 k €	-3.9%	180,9 k €
EBITDA	-8,1 k €	-145%	17,9 k €	+2161%	-868,6 €	+89.9%	-8,6 k €	-200%	8,6 k €
Operating result	-8,1 k €	-145%	17,9 k €	+1420%	-1,4 k €	+85.1%	-9,1 k €	-212%	8,1 k €
Net result	-8,1 k €	-145%	17,9 k €	+1382%	-1,4 k €	+84.3%	-8,9 k €	-211%	8 k €
Balance sheet
Equity	222,9 k €	-3.5%	231 k €	+8.4%	213,1 k €	-0.7%	214,5 k €	-4.0%	223,4 k €
Total assets	262,4 k €	+0.6%	261 k €	+5.9%	246,4 k €	+0.8%	244,3 k €	-1.6%	248,2 k €
Cash	132,6 k €	-31.5%	193,7 k €	+5.8%	183,1 k €	-6.9%	196,7 k €	+0.4%	195,9 k €
Debts	39,5 k €	+31.8%	30 k €	-5.1%	31,6 k €	+8.9%	29 k €	+21.8%	23,8 k €
Other
Workforce	4,1 ETP	-12.8%	4,7 ETP	-13.0%	5,4 ETP	+5.9%	5,1 ETP	+2.0%	5,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

13 active · 23 ended

Active mandates

André Kohnen

Director · since 31 mars 2026

Active

Mickaël Rauw

Director · since 31 mars 2026

Active

Egon Solheid

Director · since 18 mars 2024

Active

Philippe Mager

Director · since 18 mars 2024

Active

Carlo STELLMANN

Vice-chairman of the board of directors · since 13 mars 2018

Active

Jean-Pierre SCHMITZ

Director · since 13 mars 2018

Active

Philippe SCHOMUS

Director · since 13 mars 2018

Active

Vincent BEAUVE

Managing director · since 13 mars 2018

Active

Alex HILGERS

Director · since 21 mars 2016

Active

Horst LENTZ

Director · since 21 mars 2016

Active

Patrick SERVAIS

Chairman of the board of directors · since 21 mars 2016

Active

Pierre NEUFORGE

Director · since 21 mars 2016

Active

REINHOLD HOFFMANN

Director · since 21 mars 2016 · until 31 mars 2026

Active

Ended mandates

Alex HILGERS

Director · since 31 août 2020

Ended

Belinda GEIBEN

Mandate · since 31 août 2020

Ended

Horst LENTZ

Director · since 31 août 2020

Ended

HUBERT MISSE

Director · since 31 août 2020

Ended

Full financial information

Source · NBB

	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	22/06/2026	02/06/2025	12/06/2024	15/05/2023	06/07/2022	10/07/2021
General meeting	31/03/2026	18/03/2025	18/03/2024	14/03/2023	16/03/2022	25/06/2021
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 · NBB

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Annual accounts filings

Source · NBB, 9 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	31/03/2026	22/06/2026	French	PDF
Abridged model	31/12/2024	18/03/2025	02/06/2025	French	PDF
Abridged model	31/12/2023	18/03/2024	12/06/2024	French	PDF
Abridged model	31/12/2022	14/03/2023	15/05/2023	French	PDF
Abridged model	31/12/2021	16/03/2022	06/07/2022	French	PDF
Abridged model	31/12/2020	25/06/2021	10/07/2021	French	PDF
Abridged model	31/12/2019	02/01/2020	07/09/2020	French	PDF
Abridged model	31/12/2018	11/03/2019	29/05/2019	French	PDF
Abridged model	31/12/2017	13/03/2018	18/07/2018	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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

13 active · 23 ended

Active mandates

André Kohnen

Director · since 31 mars 2026

Active

Mickaël Rauw

Director · since 31 mars 2026

Active

Egon Solheid

Director · since 18 mars 2024

Active

Philippe Mager

Director · since 18 mars 2024

Active

Carlo STELLMANN

Vice-chairman of the board of directors · since 13 mars 2018

Active

Jean-Pierre SCHMITZ

Director · since 13 mars 2018

Active

Philippe SCHOMUS

Director · since 13 mars 2018

Active

Vincent BEAUVE

Managing director · since 13 mars 2018

Active

Alex HILGERS

Director · since 21 mars 2016

Active

Horst LENTZ

Director · since 21 mars 2016

Active

Patrick SERVAIS

Chairman of the board of directors · since 21 mars 2016

Active

Pierre NEUFORGE

Director · since 21 mars 2016

Active

REINHOLD HOFFMANN

Director · since 21 mars 2016 · until 31 mars 2026

Active

Ended mandates

Alex HILGERS

Director · since 31 août 2020

Ended

Belinda GEIBEN

Mandate · since 31 août 2020

Ended

Horst LENTZ

Director · since 31 août 2020

Ended

HUBERT MISSE

Director · since 31 août 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates18/10/2024
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates01/10/2021
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates13/07/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates24/12/2009
DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates29/06/2007
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates23/08/2005
SIEGE SOCIAL - DENOMINATION - ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025-8,1 k €↓
2024
Annual accounts 202417,9 k €↑
2023
Annual accounts 2023-1,4 k €↑
2022
Annual accounts 2022-8,9 k €↓
2021
Annual accounts 20218 k €↓
2020
Annual accounts 202013,9 k €↑
2019
Annual accounts 2019-12,7 k €↓
2018
Annual accounts 20186,1 k €↓
2017
Annual accounts 201710,6 k €
19/04/1974
IncorporationNon-profit organization

Service de Remplacement Agricole Ardenne-Eifel

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline