SERMANT
0420.252.302 · rovalta.com · 23/09/2026
ACTIVE
SERMANT
Financial year 2025 · closed on 31/12/2025
Net result
5,2 k €
+146.2% YoY
Gross margin
76 k €
+0.9% YoY
Equity
312,7 k €
+1.7% YoY
Overview
What does SERMANT do?
SERMANT is a Private limited company incorporated in 1980. Its main activity is: Retail sale of other household equipment in specialised stores. Its registered office is in Ninove.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0420.252.302
Incorporation
18/03/1980
Legal form
Private limited company
Registered office
Sint-Berlindisstraat 17
9402 Ninove · FlandreSee on map
9402 Ninove · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
Joint committees (1)
- 201
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 76 k € | +0.9% | 75,4 k € | -41.4% | 128,6 k € | +26.5% | 101,6 k € | -24.3% | 134,3 k € | -23.2% | 174,9 k € | +24.2% | 140,9 k € | -21.7% | 179,8 k € | +11.9% | 160,6 k € | -5.6% | 170,2 k € | +3.0% | 165,2 k € | +17.5% | 140,7 k € | +10.1% | 127,7 k € | -21.8% | 163,4 k € | +28.9% | 126,7 k € | +27.2% | 99,7 k € | -9.2% | 109,8 k € | -16.2% | 131 k € | +8.9% | 120,3 k € |
| EBITDA | 36 k € | +72.9% | 20,8 k € | +190% | 7,2 k € | -20.7% | 9,1 k € | -81.0% | 47,8 k € | -47.0% | 90,1 k € | +158% | 34,9 k € | -29.8% | 49,7 k € | +91.9% | 25,9 k € | -36.0% | 40,5 k € | +5.7% | 38,3 k € | -12.2% | 43,7 k € | -23.8% | 57,3 k € | -33.9% | 86,7 k € | +70.9% | 50,7 k € | +19.6% | 42,4 k € | -22.4% | 54,7 k € | -30.3% | 78,4 k € | +12.4% | 69,7 k € |
| Operating result | 12 k € | +341% | -5 k € | +72.3% | -18 k € | -13.0% | -15,9 k € | -173% | 21,7 k € | -66.5% | 64,8 k € | +974% | 6 k € | -64.3% | 16,9 k € | +796% | 1,9 k € | +167% | -2,8 k € | -117% | 16,8 k € | -38.9% | 27,4 k € | -24.2% | 36,2 k € | -45.2% | 66 k € | +161% | 25,3 k € | +200% | 8,5 k € | +175% | -11,3 k € | -117% | 65,5 k € | +15.8% | 56,5 k € |
| Net result | 5,2 k € | +146% | -11,3 k € | +56.1% | -25,7 k € | -5.7% | -24,3 k € | -1111% | 2,4 k € | -92.5% | 31,9 k € | +474% | 5,6 k € | +69.6% | 3,3 k € | +273% | -1,9 k € | +69.7% | -6,3 k € | -145% | 14 k € | -39.5% | 23,1 k € | +17.4% | 19,6 k € | -62.6% | 52,6 k € | +109% | 25,1 k € | +2736% | 886,1 € | +104% | -21,3 k € | -147% | 45,3 k € | +23.5% | 36,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 312,7 k € | +1.7% | 307,5 k € | -3.5% | 318,7 k € | -7.4% | 344,4 k € | -6.6% | 368,6 k € | +0.7% | 366,2 k € | +9.5% | 334,3 k € | +1.7% | 328,8 k € | +1.0% | 325,5 k € | -0.6% | 327,4 k € | -1.9% | 333,7 k € | +4.4% | 319,7 k € | +7.8% | 296,7 k € | +7.1% | 277 k € | +23.4% | 224,5 k € | +12.6% | 199,3 k € | +0.4% | 198,4 k € | -9.7% | 219,8 k € | +26.0% | 174,5 k € |
| Total assets | 475,1 k € | -8.0% | 516,3 k € | -8.4% | 563,7 k € | -10.9% | 632,5 k € | -8.4% | 690,9 k € | -2.4% | 707,8 k € | +2.0% | 694,2 k € | -5.9% | 738,1 k € | -0.1% | 738,9 k € | -1.4% | 749,3 k € | -6.6% | 802 k € | -1.4% | 813,3 k € | +0.3% | 811,1 k € | +0.4% | 808,1 k € | +6.2% | 761,2 k € | -2.2% | 778,1 k € | -7.1% | 837,9 k € | +63.3% | 513 k € | +20.8% | 424,6 k € |
| Cash | 183,9 k € | +18.4% | 155,2 k € | +32.2% | 117,4 k € | +32.6% | 88,6 k € | -45.0% | 161,1 k € | -27.6% | 222,6 k € | +1.1% | 220,2 k € | +23.2% | 178,8 k € | +0.7% | 177,6 k € | -0.9% | 179,3 k € | +35.6% | 132,2 k € | -39.1% | 217,1 k € | +121% | 98,3 k € | +51.1% | 65 k € | +9.1% | 59,6 k € | +34.7% | 44,3 k € | -15.8% | 52,6 k € | -29.2% | 74,4 k € | +30.5% | 57 k € |
| Debts | 162,4 k € | -22.2% | 208,8 k € | -14.8% | 245 k € | -15.0% | 288,2 k € | -10.6% | 322,2 k € | -5.7% | 341,6 k € | -5.1% | 359,9 k € | -12.1% | 409,3 k € | -1.0% | 413,3 k € | -2.0% | 421,9 k € | -9.9% | 468,3 k € | -5.1% | 493,5 k € | -4.1% | 514,4 k € | -3.1% | 531 k € | -1.0% | 536,6 k € | -7.3% | 578,7 k € | -9.5% | 639,4 k € | +118% | 293,2 k € | +17.3% | 250 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | – | 2,5 ETP | – | – | 3,0 ETP | 0.0% | 3,0 ETP | -18.9% | 3,7 ETP | -2.6% | 3,8 ETP | 0.0% | 3,8 ETP | +5.6% | 3,6 ETP | +28.6% | 2,8 ETP | 0.0% | 2,8 ETP | 0.0% | 2,8 ETP | 0.0% | 2,8 ETP | +40.0% | 2,0 ETP | 0.0% | 2,0 ETP | 0.0% | 2,0 ETP | 0.0% | 2,0 ETP | |||||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 5 ended
Active mandates
ANDRE HERMAN VAN DEN STEEN
ActiveROEL VAN DEN STEEN
ActiveEnded mandates
Andre VAN DEN STEEN
EndedANDRE VAN DEN STEEN
EndedANDRE VAN DEN STEEN
EndedHERMAN VAN DEN STEEN ANDRE
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Abridged model | Abridged model | Micro 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 | 24/07/2025 | 19/07/2024 | 31/08/2023 | 31/08/2022 | 12/07/2021 |
| General meeting | 18/05/2026 | 22/04/2025 | 15/04/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 18/05/2026 | 23/07/2026 | Dutch | |
| Micro model | 31/12/2024 | 22/04/2025 | 24/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 15/04/2024 | 19/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 30/06/2023 | 31/08/2023 | Dutch | |
| Micro model | 31/12/2021 | 30/06/2022 | 31/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 30/06/2021 | 12/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 02/01/2020 | 22/09/2020 | Dutch | |
| Abridged model | 31/12/2018 | 30/06/2019 | 01/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 30/06/2018 | 02/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 30/06/2017 | 03/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 30/06/2016 | 01/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 30/06/2015 | 01/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 30/06/2014 | 08/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 10/06/2013 | 26/06/2014 | Dutch | |
| Abridged model | 31/12/2011 | 11/06/2012 | 13/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 06/06/2011 | 31/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 10/05/2010 | 08/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 20/04/2009 | 05/05/2009 | Dutch | |
| Abridged model | 31/12/2007 | 23/06/2008 | 22/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 21/05/2007 | 19/06/2007 | Dutch |
Valuation
Estimate
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 5 ended
Active mandates
ANDRE HERMAN VAN DEN STEEN
ActiveROEL VAN DEN STEEN
ActiveEnded mandates
Andre VAN DEN STEEN
EndedANDRE VAN DEN STEEN
EndedANDRE VAN DEN STEEN
EndedHERMAN VAN DEN STEEN ANDRE
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20255,2 k €↑
- 2024Annual accounts 2024-11,3 k €↑
- 2023Annual accounts 2023-25,7 k €↓
- 2022Annual accounts 2022-24,3 k €↓
- 2021Annual accounts 20212,4 k €↓
- 2020Annual accounts 202031,9 k €↑
- 2019Annual accounts 20195,6 k €↑
- 2018Annual accounts 20183,3 k €↑
- 2017Annual accounts 2017-1,9 k €↑
- 2016Annual accounts 2016-6,3 k €↓
- 2015Annual accounts 201514 k €↓
- 2014Annual accounts 201423,1 k €↑
- 2013Annual accounts 201319,6 k €↓
- 2012Annual accounts 201252,6 k €↑
- 2011Annual accounts 201125,1 k €↑
- 2010Annual accounts 2010886,1 €↑
- 2009Annual accounts 2009-21,3 k €↓
- 2008Annual accounts 200845,3 k €↑
- 2007Annual accounts 200736,7 k €
- 18/03/1980IncorporationPrivate limited company