ACTIVE

SARI FINANCE

Financial year 2024 · closed on 31/12/2024
Net result
1,5 M €
-26.6% YoY
Equity
31,4 M €
-0.6% YoY
Workforce
1,0 ETP
0.0% YoY

What does SARI FINANCE do?

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
Joint committees (2)
  • 200
  • 200.000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue0 €0 €
EBITDA-125,6 k €-214,2 k €-171,1 k €-120,7 k €-48,4 k €-47 k €-697,5 €40,5 k €78,3 k €26,4 k €64,6 k €-3,9 k €-68 k €-192,5 k €-130,8 k €-128,5 k €-126,8 k €-90,4 k €-59,3 k €
Operating result-174,7 k €-263,3 k €-220,2 k €-169,8 k €-97,5 k €-96,1 k €-49,8 k €-8,6 k €29,2 k €-22,7 k €18,6 k €-18,8 k €-68 k €-192,5 k €-130,8 k €-128,5 k €-126,8 k €-90,4 k €-59,3 k €
Net result1,5 M €2 M €1,8 M €402,5 k €2,9 M €2 M €-103,8 k €-937,7 k €-67,1 k €2,1 M €148 k €-2,2 M €-2,8 M €-2,6 M €883,9 k €6,9 M €-9,4 M €-168,8 k €6,9 M €
Balance sheet
Equity31,4 M €31,6 M €29,5 M €27,7 M €27,3 M €24,4 M €22,4 M €26,7 M €27,7 M €27,7 M €25,7 M €27,1 M €30,1 M €36,4 M €42,9 M €42,1 M €38,7 M €48,6 M €48,8 M €
Total assets33,8 M €32,9 M €30,7 M €30,9 M €30,6 M €25,8 M €28,1 M €28,2 M €29,2 M €29,4 M €29,2 M €33 M €36,7 M €40,5 M €48,9 M €45,7 M €39,2 M €50,6 M €50,8 M €
Cash2,7 M €4,4 M €4,7 M €5,7 M €2,7 M €4,6 M €9,6 M €8,4 M €7,6 M €10,1 M €9,4 M €10,9 M €11,3 M €10,6 M €6,6 M €3,2 M €5 M €2,9 M €1,9 M €
Debts2,4 M €1,3 M €1,1 M €3,2 M €3,3 M €1,3 M €5,6 M €1,4 M €1,5 M €1,6 M €3,5 M €5,9 M €6,7 M €4,1 M €5,9 M €3,6 M €555,1 k €2 M €2 M €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 23 ended

Active mandates

Anne Marie BERTHE

Director · since 04 juillet 2024 · until 22 septembre 2025

Active
Gilles Olivier MOURY

Managing director · since 04 juillet 2024 · until 28 juin 2030

Active

Ended mandates

Gilles Olivier MOURY

Managing director · since 14 août 2019 · until 24 mai 2024

Ended
Anne Marie BERTHE

Director · since 15 juin 2018 · until 24 mai 2024

Ended
Georges MOURY

Managing director · since 15 juin 2018 · until 14 août 2019

Ended
Georges MOURY

Managing director · since 15 juin 2018 · until 24 mai 2024

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/09/202530/07/202428/07/202313/07/202213/07/202102/10/2020
General meeting22/09/202504/07/202430/06/202329/06/202229/06/202131/07/2020
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

22 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202422/09/202530/09/2025FrenchPDF
Full model31/12/202304/07/202430/07/2024FrenchPDF
Full model31/12/202230/06/202328/07/2023FrenchPDF
Full model31/12/202129/06/202213/07/2022FrenchPDF
Full model31/12/202029/06/202113/07/2021FrenchPDF
Full model31/12/201931/07/202002/10/2020FrenchPDF
Full model31/12/201824/06/201916/07/2019FrenchPDF
Full model31/12/201715/06/201805/07/2018FrenchPDF
Full modelCorrection31/12/201626/05/201717/04/2018FrenchPDF
Full model31/12/201626/05/201703/07/2017FrenchPDF
Full modelCorrection31/12/201527/05/201617/04/2018FrenchPDF
Full model31/12/201527/05/201606/07/2016FrenchPDF
Full modelCorrection31/12/201422/05/201517/04/2018FrenchPDF
Full model31/12/201422/05/201525/06/2015FrenchPDF
Full model31/12/201323/05/201425/06/2014FrenchPDF
Full model31/12/201224/05/201324/06/2013FrenchPDF
Full model31/12/201118/10/201224/10/2012FrenchPDF
Full model31/12/201027/05/201127/06/2011FrenchPDF
Full model31/12/200930/06/201031/08/2010FrenchPDF
Full model31/12/200830/09/200930/10/2009FrenchPDF
Full model31/12/200725/09/200815/12/2008FrenchPDF
Full model31/12/200625/05/200728/08/2007FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 23 ended

Active mandates

Anne Marie BERTHE

Director · since 04 juillet 2024 · until 22 septembre 2025

Active
Gilles Olivier MOURY

Managing director · since 04 juillet 2024 · until 28 juin 2030

Active

Ended mandates

Gilles Olivier MOURY

Managing director · since 14 août 2019 · until 24 mai 2024

Ended
Anne Marie BERTHE

Director · since 15 juin 2018 · until 24 mai 2024

Ended
Georges MOURY

Managing director · since 15 juin 2018 · until 14 août 2019

Ended
Georges MOURY

Managing director · since 15 juin 2018 · until 24 mai 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 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

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. 2024
    Annual accounts 20241,5 M €
  2. 2023
    Annual accounts 20232 M €
  3. 2022
    Annual accounts 20221,8 M €
  4. 2021
    Annual accounts 2021402,5 k €
  5. 2020
    Annual accounts 20202,9 M €
  6. 2019
    Annual accounts 20192 M €
  7. 2018
    Annual accounts 2018-103,8 k €
  8. 2017
    Annual accounts 2017-937,7 k €
  9. 2016
    Annual accounts 2016-67,1 k €
  10. 2015
    Annual accounts 20152,1 M €
  11. 2014
    Annual accounts 2014148 k €
  12. 2013
    Annual accounts 2013-2,2 M €
  13. 2012
    Annual accounts 2012-2,8 M €
  14. 2011
    Annual accounts 2011-2,6 M €
  15. 2010
    Annual accounts 2010883,9 k €
  16. 2009
    Annual accounts 20096,9 M €
  17. 2008
    Annual accounts 2008-9,4 M €
  18. 2007
    Annual accounts 2007-168,8 k €
  19. 2006
    Annual accounts 20066,9 M €
  20. 18/01/1986
    IncorporationPublic limited company