S.A.D. MANAGEMENT
0425.087.751 · rovalta.com · 21/09/2026
ACTIVE
S.A.D. MANAGEMENT
Financial year 2025 · closed on 31/12/2025
Net result
505,1 k €
+12.9% YoY
Revenue
3,1 M €
+16.1% YoY
Equity
2,9 M €
+15.1% YoY
Workforce
10,5 ETP
+16.7% YoY
Overview
What does S.A.D. MANAGEMENT do?
S.A.D. MANAGEMENT is a Public limited company incorporated in 1983. Its main activity is: Management consultancy activities. Its registered office is in Nivelles. It employs on average 10,5 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0425.087.751
Incorporation
19/12/1983
Legal form
Public limited company
Registered office
Avenue Robert Schuman 181
1401 Nivelles · WallonieSee on map
1401 Nivelles · WallonieSee on map
Contributed capital
1 820 000,00 €
Latest accounts
31/12/2025
Average workforce
10,5 ETP
Activities (NACE)
Joint committees (1)
- 200
Signals
ProfitableSolid equityPositive cashflowHealthy social debtsHigh revenue
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Revenue | 3,1 M € | +16.1% | 2,7 M € | +11.8% | 2,4 M € | +35.6% | 1,8 M € | +43.0% | 1,2 M € | +12.4% | 1,1 M € | +9.3% | 1,0 M € | -9.4% | 1,1 M € | +2.4% | 1,1 M € | – | 906,0 k € | +6.6% | 850,0 k € | -4.0% | 885,0 k € | – | – | – | – | – | |||||||
| EBITDA | -137,0 k € | -192% | 148,5 k € | -42.0% | 255,9 k € | +32.8% | 192,7 k € | +84.5% | 104,5 k € | -14.8% | 122,6 k € | +206% | -115,8 k € | -1144% | 11,1 k € | -56.4% | 25,5 k € | -85.4% | 174,7 k € | +663% | 22,9 k € | -78.5% | 106,4 k € | -48.1% | 205,2 k € | +34.7% | 152,3 k € | +10.8% | 137,5 k € | -9.5% | 151,9 k € | +0.2% | 151,6 k € | +15.0% | 131,8 k € |
| Operating result | -199,6 k € | -288% | 105,9 k € | -55.3% | 236,9 k € | +35.3% | 175,1 k € | +201% | 58,2 k € | -23.3% | 75,8 k € | +145% | -169,6 k € | -490% | -28,8 k € | -438% | -5,3 k € | -104% | 136,0 k € | +947% | -16,1 k € | -122% | 74,7 k € | -57.5% | 175,5 k € | +47.4% | 119,0 k € | +9.3% | 108,9 k € | -12.5% | 124,5 k € | -4.9% | 131,0 k € | +25.1% | 104,7 k € |
| Net result | 505,1 k € | +12.9% | 447,5 k € | +952% | 42,6 k € | +115% | -289,1 k € | -308% | 138,8 k € | +58.6% | 87,5 k € | +264% | -53,3 k € | -103% | -26,2 k € | -114% | 187,9 k € | +61.6% | 116,3 k € | -73.4% | 436,5 k € | +1400% | 29,1 k € | -68.4% | 92,2 k € | +65.1% | 55,8 k € | +16.0% | 48,2 k € | +4.4% | 46,1 k € | -34.2% | 70,0 k € | +72.6% | 40,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 2,9 M € | +15.1% | 2,5 M € | +9.8% | 2,3 M € | -21.2% | 2,9 M € | -8.9% | 3,2 M € | +1.5% | 3,2 M € | +2.8% | 3,1 M € | -1.7% | 3,2 M € | -0.8% | 3,2 M € | +63.3% | 1,9 M € | +58.5% | 1,2 M € | +55.2% | 791,0 k € | +3.8% | 761,8 k € | +101% | 379,6 k € | -6.0% | 403,8 k € | +0.8% | 400,6 k € | +0.3% | 399,5 k € | +6.7% | 374,5 k € |
| Total assets | 5,6 M € | +10.9% | 5,1 M € | +30.0% | 3,9 M € | +2.3% | 3,8 M € | -2.8% | 3,9 M € | +5.9% | 3,7 M € | -0.6% | 3,7 M € | +2.9% | 3,6 M € | +2.1% | 3,6 M € | +5.0% | 3,4 M € | -5.3% | 3,6 M € | +20.0% | 3,0 M € | -1.5% | 3,0 M € | +2.9% | 2,9 M € | -2.9% | 3,0 M € | +2.5% | 3,0 M € | -0.9% | 3,0 M € | -2.1% | 3,0 M € |
| Cash | 90,9 k € | +38.5% | 65,6 k € | -38.1% | 106,0 k € | +42.5% | 74,4 k € | +15.6% | 64,3 k € | -75.9% | 266,6 k € | +76.9% | 150,8 k € | -38.0% | 243,0 k € | -17.3% | 293,9 k € | +266% | 80,3 k € | -70.1% | 268,3 k € | +33.9% | 200,4 k € | -35.4% | 310,2 k € | +120% | 141,3 k € | +42.0% | 99,5 k € | +73.6% | 57,3 k € | +1434% | 3,7 k € | -94.5% | 68,5 k € |
| Debts | 2,7 M € | +6.3% | 2,5 M € | +59.7% | 1,6 M € | +81.5% | 873,1 k € | +26.1% | 692,2 k € | +40.6% | 492,3 k € | -21.8% | 629,5 k € | +32.1% | 476,4 k € | +27.1% | 374,7 k € | -74.0% | 1,4 M € | -38.7% | 2,3 M € | +7.3% | 2,2 M € | -3.3% | 2,3 M € | -11.6% | 2,6 M € | -2.4% | 2,6 M € | +2.7% | 2,6 M € | -1.1% | 2,6 M € | -3.3% | 2,7 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 10,5 ETP | +16.7% | 9,0 ETP | +21.6% | 7,4 ETP | +32.1% | 5,6 ETP | +40.0% | 4,0 ETP | -7.0% | 4,3 ETP | +2.4% | 4,2 ETP | -6.7% | 4,5 ETP | 0.0% | 4,5 ETP | 0.0% | 4,5 ETP | +21.6% | 3,7 ETP | -19.6% | 4,6 ETP | 0.0% | 4,6 ETP | -8.0% | 5,0 ETP | 0.0% | 5,0 ETP | 0.0% | 5,0 ETP | -13.8% | 5,8 ETP | -1.7% | 5,9 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 44 ended
Active mandates
Ended mandates
At this address
Other companies at this address
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|---|---|
Elecom● Active | 0414.547.316 |
FIPRO BETEILIGUNG● Active | 0750.539.478 |
Fonds Sadinter● Active | 0766.255.062 |
SAD GROUP● Active | 0635.917.944 |
SAD IMMO● Active | 0414.939.571 |
SADINTER● Active | 0422.268.021 |
SADINTER-SOGECOMEX● Active | 0865.122.808 |
Sogelocim● Active | 0417.077.729 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full 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 | 11/06/2026 | 10/06/2025 | 13/06/2024 | 22/06/2023 | 14/06/2022 | 11/06/2021 |
| General meeting | 11/06/2026 | 05/06/2025 | 10/06/2024 | 22/06/2023 | 07/06/2022 | 01/06/2021 |
| 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 |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 11/06/2026 | 11/06/2026 | French | |
| Full model | 31/12/2024 | 05/06/2025 | 10/06/2025 | French | |
| Full model | 31/12/2023 | 10/06/2024 | 13/06/2024 | French | |
| Full model | 31/12/2022 | 22/06/2023 | 22/06/2023 | French | |
| Full model | 31/12/2021 | 07/06/2022 | 14/06/2022 | French | |
| Full model | 31/12/2020 | 01/06/2021 | 11/06/2021 | French | |
| Full model | 31/12/2019 | 30/07/2020 | 31/07/2020 | French | |
| Full model | 31/12/2018 | 13/06/2019 | 05/08/2019 | French | |
| Abridged model | 31/12/2017 | 05/06/2018 | 20/07/2018 | French | |
| Abridged model | 31/12/2016 | 06/06/2017 | 03/07/2017 | French | |
| Full model | 31/12/2015 | 07/06/2016 | 28/09/2016 | French | |
| Full model | 31/12/2014 | 02/06/2015 | 23/07/2015 | French | |
| Full model | 31/12/2013 | 03/06/2014 | 26/08/2014 | French | |
| Full model | 31/12/2012 | 04/06/2013 | 24/06/2013 | French | |
| Full model | 31/12/2011 | 05/06/2012 | 22/06/2012 | French | |
| Abridged model | 31/12/2010 | 07/06/2011 | 05/07/2011 | French | |
| Abridged model | 31/12/2009 | 01/06/2010 | 13/07/2010 | French | |
| Abridged model | 31/12/2008 | 02/06/2009 | 03/06/2009 | French | |
| Abridged model | 31/12/2007 | 03/06/2008 | 09/06/2008 | French | |
| Abridged model | 31/12/2006 | 05/06/2007 | 19/06/2007 | French |
Valuation
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.
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 · 4 active · 44 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates30/06/2025DEMISSIONS, NOMINATIONS
- Mandates11/07/2024DEMISSIONS, NOMINATIONS
- Mandates03/01/2024DEMISSIONS, NOMINATIONS
- Other11/10/2023ASSEMBLEE GENERALE
- Mandates26/07/2023DEMISSIONS, NOMINATIONS
- Mandates13/06/2023DEMISSIONS, NOMINATIONS
- Mandates14/07/2022DEMISSIONS, NOMINATIONS
- Mandates04/03/2022DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
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 2025505,1 k €↑
- 2024Annual accounts 2024447,5 k €↑
- 2023Annual accounts 202342,6 k €↑
- 2022Annual accounts 2022-289,1 k €↓
- 2022Name changeSAD MANAGEMENT S.A.
- 2021Annual accounts 2021138,8 k €↑
- 2021Name changeS.A.D. MANAGEMENT
- 2020Annual accounts 202087,5 k €↑
- 2019Annual accounts 2019-53,3 k €↓
- 2018Annual accounts 2018-26,2 k €↓
- 2017Annual accounts 2017187,9 k €↑
- 2016Annual accounts 2016116,3 k €↓
- 2013Annual accounts 2013436,5 k €↑
- 2012Annual accounts 201229,1 k €↓
- 2011Annual accounts 201192,2 k €↑
- 2010Annual accounts 201055,8 k €↑
- 2009Annual accounts 200948,2 k €↑
- 2008Annual accounts 200846,1 k €↓
- 2007Annual accounts 200770,0 k €↑
- 2006Annual accounts 200640,6 k €
- 19/12/1983IncorporationPublic limited company