ACTIVE

SAD IMMO

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Financial year 2025 · closed on 31/12/2025
Net result
-11,5 k €
+32.3% YoY
Equity
949,2 k €
-4.5% YoY

What does SAD IMMO do?

SAD IMMO is a Public limited company incorporated in 1975. Its main activity is: Buying and selling of own real estate. Its registered office is in Nivelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0414.939.571
Incorporation
14/07/1975
Legal form
Public limited company
Registered office
Avenue Robert Schuman 181
1401 Nivelles · WallonieSee on map
Contributed capital
227 680,00 €
Latest accounts
31/12/2025
Activities (NACE)
68100Buying and selling of own real estate· main68110Buying and selling of own real estate
Signals
Positive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin––267,1 k €223,6 k €165,5 k €161 k €183,4 k €1,3 M €23,4 k €34,7 k €1,2 k €39,1 k €44,3 k €62,1 k €78,9 k €33,7 k €76,3 k €60,2 k €64,9 k €69 k €
EBITDA389,5 k €359,9 k €264,7 k €222,5 k €164,6 k €160,2 k €181,6 k €1,2 M €16,1 k €13,6 k €-18,6 k €19,3 k €25,8 k €45,1 k €66,5 k €17,4 k €60 k €44,3 k €50,8 k €47,5 k €
Operating result54,9 k €54,1 k €19 k €-41,3 k €-98,4 k €-102,2 k €-80,6 k €1 M €4,1 k €2,3 k €-19,4 k €19,3 k €23,6 k €30,9 k €52,3 k €1,6 k €43,6 k €28 k €33,7 k €28,2 k €
Net result-11,5 k €-17 k €-13 k €-36 k €-97 k €-131,9 k €-97,1 k €676,3 k €-43,7 k €-6,7 k €-17,7 k €9,4 k €24,9 k €24,9 k €49,6 k €2,6 k €32,5 k €20,2 k €35,3 k €29,3 k €
Balance sheet
Equity949,2 k €993,6 k €847,3 k €883,6 k €942,7 k €1,1 M €1,2 M €893,2 k €440 k €483,7 k €490,4 k €508 k €498,6 k €680 k €655,2 k €605,5 k €602,9 k €570,4 k €550,2 k €514,9 k €
Total assets5,1 M €5,4 M €5 M €4,1 M €4,3 M €4,6 M €4,9 M €5,1 M €6,2 M €1,3 M €547,3 k €533,1 k €736,5 k €716,3 k €688,7 k €797,8 k €644,4 k €606,1 k €566,7 k €544 k €
Cash53,4 k €43,1 k €39,8 k €37,6 k €6,4 k €62,1 k €47,9 k €70,6 k €940 k €58,3 k €63,8 k €97,9 k €111,2 k €89 k €133,2 k €110,2 k €116 k €61,3 k €105,5 k €65,8 k €
Debts4 M €4,2 M €4 M €3 M €3,1 M €3,3 M €3,4 M €3,9 M €5,7 M €833,1 k €41,9 k €10,1 k €222,9 k €21,3 k €18,6 k €177,3 k €26,6 k €20,7 k €1,5 k €14,1 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 · 3 active · 49 ended

Active mandates

S.A.D. MANAGEMENT

Managing director · since 02 février 2022 · until 30 juin 2026 · 0425.087.751

Represented by Christophe DELIGNE

Active
Jean-CLaude DELIGNE

Chairman of the board of directors · since 30 juillet 2020 · until 30 juin 2026

Active
Jérôme SEGARD

Director · since 30 juillet 2020 · until 30 juin 2026

Active

Ended mandates

Christophe DELIGNE

Managing director · since 30 juillet 2020 · until 02 février 2022

Ended
Christophe DELIGNE

Managing director · since 30 juillet 2020 · until 30 juin 2026

Ended
Christophe DELIGNE

Managing director · since 12 juin 2017 · until 09 juin 2020

Ended
CHRISTOPHE DELIGNE

Managing director · since 12 juin 2017 · until 08 juin 2020

Ended
At this address

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0750.539.478
Fonds Sadinter● Active
0766.255.062
SAD GROUP● Active
0635.917.944
SADINTER● Active
0422.268.021
SADINTER-SOGECOMEX● Active
0865.122.808
S.A.D. MANAGEMENT● Active
0425.087.751
Sogelocim● Active
0417.077.729
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelAbridged modelAbridged modelAbridged modelAbridged 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 date11/06/202610/06/202513/06/202414/06/202314/06/202215/06/2021
General meeting11/06/202605/06/202510/06/202412/06/202313/06/202214/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202511/06/202611/06/2026FrenchPDF
Full model31/12/202405/06/202510/06/2025FrenchPDF
Abridged model31/12/202310/06/202413/06/2024FrenchPDF
Abridged model31/12/202212/06/202314/06/2023FrenchPDF
Abridged model31/12/202113/06/202214/06/2022FrenchPDF
Abridged model31/12/202014/06/202115/06/2021FrenchPDF
Abridged model31/12/201930/07/202031/07/2020FrenchPDF
Abridged model31/12/201813/06/201905/08/2019FrenchPDF
Abridged model31/12/201711/06/201820/07/2018FrenchPDF
Abridged model31/12/201612/06/201705/07/2017FrenchPDF
Abridged model31/12/201513/06/201627/09/2016FrenchPDF
Abridged model31/12/201408/06/201508/07/2015FrenchPDF
Abridged model31/12/201310/06/201426/08/2014FrenchPDF
Abridged model31/12/201210/06/201324/06/2013FrenchPDF
Abridged model31/12/201111/06/201227/06/2012FrenchPDF
Abridged model31/12/201014/06/201105/07/2011FrenchPDF
Abridged model31/12/200914/06/201014/06/2010FrenchPDF
Abridged model31/12/200808/06/200912/06/2009FrenchPDF
Abridged model31/12/200710/06/200827/06/2008FrenchPDF
Abridged model31/12/200612/06/200727/06/2007FrenchPDF
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 · 3 active · 49 ended

Active mandates

S.A.D. MANAGEMENT

Managing director · since 02 février 2022 · until 30 juin 2026 · 0425.087.751

Represented by Christophe DELIGNE

Active
Jean-CLaude DELIGNE

Chairman of the board of directors · since 30 juillet 2020 · until 30 juin 2026

Active
Jérôme SEGARD

Director · since 30 juillet 2020 · until 30 juin 2026

Active

Ended mandates

Christophe DELIGNE

Managing director · since 30 juillet 2020 · until 02 février 2022

Ended
Christophe DELIGNE

Managing director · since 30 juillet 2020 · until 30 juin 2026

Ended
Christophe DELIGNE

Managing director · since 12 juin 2017 · until 09 juin 2020

Ended
CHRISTOPHE DELIGNE

Managing director · since 12 juin 2017 · until 08 juin 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/01/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other11/10/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates04/03/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/08/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/07/2020
    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

Timeline

  1. 2025
    Annual accounts 2025-11,5 k €↑
  2. 2024
    Annual accounts 2024-17 k €↓
  3. 2023
    Annual accounts 2023-13 k €↑
  4. 2022
    Annual accounts 2022-36 k €↑
  5. 2021
    Annual accounts 2021-97 k €↑
  6. 2020
    Annual accounts 2020-131,9 k €↓
  7. 2019
    Annual accounts 2019-97,1 k €↓
  8. 2018
    Annual accounts 2018676,3 k €↑
  9. 2017
    Annual accounts 2017-43,7 k €↓
  10. 2016
    Annual accounts 2016-6,7 k €↑
  11. 2015
    Annual accounts 2015-17,7 k €↓
  12. 2014
    Annual accounts 20149,4 k €↓
  13. 2013
    Annual accounts 201324,9 k €↑
  14. 2012
    Annual accounts 201224,9 k €↓
  15. 2011
    Annual accounts 201149,6 k €↑
  16. 2010
    Annual accounts 20102,6 k €↓
  17. 2009
    Annual accounts 200932,5 k €↑
  18. 2008
    Annual accounts 200820,2 k €↓
  19. 2007
    Annual accounts 200735,3 k €↑
  20. 2006
    Annual accounts 200629,3 k €
  21. 14/07/1975
    IncorporationPublic limited company