ACTIVE

SARI FINANCE

Financial year 2024 · Closed on 31/12/2024

Net result1,5 M €-26,6 %over 1 year

Equity31,4 M €-0,6 %over 1 year

Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

SARI FINANCE is a Public limited company incorporated in 1986. Its main activity is: Activities of holding companies. Its registered office is in Uccle. It employs on average 1,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0428.438.607
Incorporation: 18/01/1986
Legal form: Public limited company
Registered office: Avenue du Gui 40
1180 Uccle · BruxellesSee on map
Contributed capital: 1 469 067,50 €
Latest accounts: 31/12/2024
Average workforce: 1,0 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 66199Other activities auxiliary to financial services, except insurance and pension funding 66199Other activities auxiliary to financial services, except insurance and pension funding 64200Activities of holding companies 64210Activities of holding companies+1

Joint committees (2)

200
200.000

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 22 filings

Trend over 19 financial years

	2024		2023		2022		2021		2020
Income statement
Revenue	–		–		–		0 €		0 €
EBITDA	-125,6 k €	+41.4%	-214,2 k €	-25.2%	-171,1 k €	-41.7%	-120,7 k €	-149%	-48,4 k €
Operating result	-174,7 k €	+33.7%	-263,3 k €	-19.6%	-220,2 k €	-29.7%	-169,8 k €	-74.1%	-97,5 k €
Net result	1,5 M €	-26.6%	2 M €	+9.7%	1,8 M €	+358%	402,5 k €	-86.1%	2,9 M €
Balance sheet
Equity	31,4 M €	-0.6%	31,6 M €	+6.8%	29,5 M €	+6.7%	27,7 M €	+1.5%	27,3 M €
Total assets	33,8 M €	+2.9%	32,9 M €	+7.1%	30,7 M €	-0.8%	30,9 M €	+1.1%	30,6 M €
Cash	2,7 M €	-38.5%	4,4 M €	-6.5%	4,7 M €	-17.5%	5,7 M €	+109%	2,7 M €
Debts	2,4 M €	+87.9%	1,3 M €	+16.0%	1,1 M €	-65.5%	3,2 M €	-2.7%	3,3 M €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 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 31/12/2024

1 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Gilles Olivier MOURY	Managing director14/08/2019 → 28/06/2030Director25/10/2006 → 24/05/2024ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anne Marie BERTHE	Director15/06/2018 → 22/09/2025
Georges MOURY	Managing director15/06/2018 → 24/05/2024

Other companies at this address

Avenue du Gui 40 1180 Uccle

Company	CBE no.
Société anonyme de Réalisations industrielles internationales● Active	0414.816.342

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/09/2025	30/07/2024	28/07/2023	13/07/2022	13/07/2021	02/10/2020
General meeting	22/09/2025	04/07/2024	30/06/2023	29/06/2022	29/06/2021	31/07/2020
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, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	22/09/2025	30/09/2025	French	PDF
Full model	31/12/2023	04/07/2024	30/07/2024	French	PDF
Full model	31/12/2022	30/06/2023	28/07/2023	French	PDF
Full model	31/12/2021	29/06/2022	13/07/2022	French	PDF
Full model	31/12/2020	29/06/2021	13/07/2021	French	PDF
Full model	31/12/2019	31/07/2020	02/10/2020	French	PDF
Full model	31/12/2018	24/06/2019	16/07/2019	French	PDF
Full model	31/12/2017	15/06/2018	05/07/2018	French	PDF
Full modelCorrection	31/12/2016	26/05/2017	17/04/2018	French	PDF
Full model	31/12/2016	26/05/2017	03/07/2017	French	PDF
Full modelCorrection	31/12/2015	27/05/2016	17/04/2018	French	PDF
Full model	31/12/2015	27/05/2016	06/07/2016	French	PDF
Full modelCorrection	31/12/2014	22/05/2015	17/04/2018	French	PDF
Full model	31/12/2014	22/05/2015	25/06/2015	French	PDF
Full model	31/12/2013	23/05/2014	25/06/2014	French	PDF
Full model	31/12/2012	24/05/2013	24/06/2013	French	PDF
Full model	31/12/2011	18/10/2012	24/10/2012	French	PDF
Full model	31/12/2010	27/05/2011	27/06/2011	French	PDF
Full model	31/12/2009	30/06/2010	31/08/2010	French	PDF
Full model	31/12/2008	30/09/2009	30/10/2009	French	PDF
Full model	31/12/2007	25/09/2008	15/12/2008	French	PDF
Full model	31/12/2006	25/05/2007	28/08/2007	French	PDF

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 31/12/2024

1 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Gilles Olivier MOURY	Managing director14/08/2019 → 28/06/2030Director25/10/2006 → 24/05/2024ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anne Marie BERTHE	Director15/06/2018 → 22/09/2025
Georges MOURY	Managing director15/06/2018 → 24/05/2024

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates14/11/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates15/10/2024
DEMISSIONS, NOMINATIONS
PDF
Other03/09/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other19/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates25/08/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates21/11/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates09/11/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates18/12/2020
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Gilles Olivier MOURY

Anne Marie BERTHE

Michel MERSCH

Georges MOURY

Mariette FRENAY

Jacqueline MOURY

198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

SARI FINANCE

Avenue du Gui 40, 1180 Uccle

Managing directorDirector

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue du Gui 40, 1180 UccleCurrent	accounts 2021 → 2024	Accounts 2024 · 2025-00514808

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
SARI FINANCECurrent	accounts 2021 → 2024	Accounts 2024 · 2025-00514808

Events

2024
Annual accounts 20241,5 M €↓
2023
Annual accounts 20232 M €↑
2022
Annual accounts 20221,8 M €↑
2021
Annual accounts 2021402,5 k €↓
2020
Annual accounts 20202,9 M €↑
2019
Annual accounts 20192 M €↑
2018
Annual accounts 2018-103,8 k €↑
2017
Annual accounts 2017-937,7 k €↓
2016
Annual accounts 2016-67,1 k €↓
2015
Annual accounts 20152,1 M €↑
2014
Annual accounts 2014148 k €↑
2013
Annual accounts 2013-2,2 M €↑
2012
Annual accounts 2012-2,8 M €↓
2011
Annual accounts 2011-2,6 M €↓
2010
Annual accounts 2010883,9 k €↓
2009
Annual accounts 20096,9 M €↑
2008
Annual accounts 2008-9,4 M €↓
2007
Annual accounts 2007-168,8 k €↓
2006
Annual accounts 20066,9 M €
18/01/1986
IncorporationPublic limited company

SARI FINANCE

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Registered offices

Company names

Events