ACTIVE

SG LIGHTING SA/NV

Financial year 2025 · Closed on 31/12/2025

Net result
1,9 M €
+23,5 %over 1 year
Revenue
34,1 M €
+5,1 %over 1 year
Equity
21,3 M €
+9,9 %over 1 year
Workforce
52,5 ETP
+104,3 %over 1 year

Identity

Source · BCE/KBO

SG LIGHTING SA/NV is a Public limited company incorporated in 1983. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Mechelen. It employs on average 52,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0424.997.481
Incorporation
29/12/1983
Legal form
Public limited company
Registered office
Blokhuisstraat 47
2800 Mechelen · FlandreSee on map
Contributed capital
870 000,00 €
Latest accounts
31/12/2025
Average workforce
52,5 ETP
Joint committees (3)
  • 14901
  • 20000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue34,1 M €32,5 M €30,7 M €27,8 M €24,4 M €
EBITDA2,9 M €2,2 M €4,9 M €4,2 M €4,5 M €
Operating result2,6 M €2,1 M €4,8 M €4,2 M €4,4 M €
Net result1,9 M €1,6 M €3,6 M €3,1 M €3,2 M €
Balance sheet
Equity21,3 M €19,4 M €17,8 M €14,2 M €11,1 M €
Total assets27,2 M €27,3 M €24,3 M €19,2 M €16 M €
Cash9,8 M €9,7 M €7,1 M €2,5 M €2,7 M €
Debts5,9 M €7,8 M €6,5 M €5 M €4,9 M €
Other
Workforce52,5 ETP25,7 ETP23,7 ETP21,4 ETP19,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 26 ended

Active mandates

Judith Keirsmaekers

Managing director · since 01 janvier 2020 · until 21 mai 2030

Active
Geir Tonnesland

Director · since 28 juin 2019 · until 21 mai 2030

Active

Ended mandates

Geir Tonnesland

Director · since 25 janvier 2024 · until 21 mai 2030

Ended
Judith Keirsmaekers

Director · since 25 janvier 2024 · until 21 mai 2030

Ended
SG Armaturen A/S

Director · since 25 janvier 2024 · until 21 mai 2030 · 0820.924.262

Represented by Eivind Gunvaldsen

Ended
Judith KEIRSMAEKERS

Managing director · since 01 janvier 2020

Ended

Other companies at this address

Blokhuisstraat 47 2800 Mechelen
CompanyCBE no.
0567.570.853
0845.994.903
SG BTW-EENHEIDActive
0542.796.261
SG PROPERTIESActive
0536.511.552
0439.771.373
0563.564.852
WVGActive
0421.194.586

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date23/07/202631/07/202515/07/202421/08/202312/07/202207/07/2021
General meeting24/06/202624/06/202525/06/202430/06/202330/06/202230/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202524/06/202623/07/2026DutchPDF
Full model31/12/202424/06/202531/07/2025DutchPDF
Full model31/12/202325/06/202415/07/2024DutchPDF
Full model31/12/202230/06/202321/08/2023DutchPDF
Full model31/12/202130/06/202212/07/2022DutchPDF
Full model31/12/202030/06/202107/07/2021DutchPDF
Full model31/12/201929/06/202013/07/2020DutchPDF
Full model31/12/201828/06/201911/07/2019DutchPDF
Full model31/12/201729/06/201805/07/2018DutchPDF
Full model31/12/201630/06/201705/07/2017DutchPDF
Full model31/12/201530/06/201611/07/2016DutchPDF
Full model31/12/201429/06/201501/07/2015DutchPDF
Full model31/12/201330/06/201417/07/2014DutchPDF
Full model31/12/201226/06/201308/07/2013DutchPDF
Full model31/12/201125/06/201204/07/2012DutchPDF
Full model31/12/201024/06/201128/06/2011DutchPDF
Full model31/12/200914/06/201022/06/2010DutchPDF
Full model31/12/200805/06/200908/06/2009DutchPDF
Full model31/12/200705/06/200813/06/2008DutchPDF
Full model31/12/200631/05/200714/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/12/2025

2 active · 26 ended

Active mandates

Judith Keirsmaekers

Managing director · since 01 janvier 2020 · until 21 mai 2030

Active
Geir Tonnesland

Director · since 28 juin 2019 · until 21 mai 2030

Active

Ended mandates

Geir Tonnesland

Director · since 25 janvier 2024 · until 21 mai 2030

Ended
Judith Keirsmaekers

Director · since 25 janvier 2024 · until 21 mai 2030

Ended
SG Armaturen A/S

Director · since 25 janvier 2024 · until 21 mai 2030 · 0820.924.262

Represented by Eivind Gunvaldsen

Ended
Judith KEIRSMAEKERS

Managing director · since 01 janvier 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/02/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/10/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/09/2013
    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. 2025
    Annual accounts 20251,9 M €
  2. 2024
    Annual accounts 20241,6 M €
  3. 2023
    Annual accounts 20233,6 M €
  4. 2022
    Annual accounts 20223,1 M €
  5. 2021
    Annual accounts 20213,2 M €
  6. 2020
    Annual accounts 20202 M €
  7. 2019
    Annual accounts 2019944,8 k €
  8. 2018
    Annual accounts 20181,5 M €
  9. 2017
    Annual accounts 20171,4 M €
  10. 2016
    Annual accounts 2016743,3 k €
  11. 2015
    Annual accounts 2015549,6 k €
  12. 2014
    Annual accounts 2014426,5 k €
  13. 2013
    Annual accounts 2013253,7 k €
  14. 2012
    Annual accounts 20121,3 k €
  15. 2011
    Annual accounts 2011-251,1 k €
  16. 2010
    Annual accounts 2010-584,2 k €
  17. 2009
    Annual accounts 2009-20,7 k €
  18. 2008
    Annual accounts 200818,9 k €
  19. 2007
    Annual accounts 200728,5 k €
  20. 2006
    Annual accounts 2006-55,2 k €
  21. 29/12/1983
    IncorporationPublic limited company