ACTIVE

SOCIÉTÉ D’ÉTUDES, COMMERCIALISATION ET RÉALISATION

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Financial year 2025 · Closed on 31/12/2025

Net result73,9 k €+756,8 %over 1 year
Equity1,7 M €+4,6 %over 1 year

Identity

Source · BCE/KBO

SOCIÉTÉ D’ÉTUDES, COMMERCIALISATION ET RÉALISATION is a Public limited company incorporated in 1989. Its main activity is: Manufacture of basic pharmaceutical products. Its registered office is in Anderlecht.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0437.709.728
Incorporation
13/06/1989
Legal form
Public limited company
Registered office
Rue Henri-Joseph Genesse 30
1070 Anderlecht · BruxellesSee on map
Contributed capital
978 262,22 €
Latest accounts
31/12/2025
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin–––––
EBITDA-6,9 k €6,7 k €-11 k €-503,8 €16,8 k €
Operating result-6,9 k €1,7 k €-11 k €-503,8 €16,8 k €
Net result73,9 k €8,6 k €4,6 k €36,4 k €24,4 k €
Balance sheet
Equity1,7 M €1,6 M €1,6 M €1,6 M €1,6 M €
Total assets1,7 M €1,6 M €1,6 M €1,6 M €1,8 M €
Cash6,2 k €88,6 k €439,8 k €54,5 k €59,2 k €
Debts8,9 k €27,2 k €32,2 k €22,6 k €249,7 k €
Other
Workforce–1,1 ETP2,0 ETP2,0 ETP2,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 21 ended

Active mandates

Gilles MOREAU

Director · since 24 avril 2024 · until 24 juin 2027

Active
Michaël PUTMAN

Managing director · since 24 avril 2024 · until 24 juin 2027

Active
Quentin PUTMAN

Director · since 24 avril 2024 · until 24 juin 2027

Active
Gilles MOREAU

Director · since 30 juin 2021 · until 28 juin 2024

Active
Michaël PUTMAN

Managing director · since 30 juin 2021 · until 28 juin 2024

Active
Quentin PUTMAN

Director · since 30 juin 2021 · until 28 juin 2024

Active

Ended mandates

Gilles MOREAU

Director · since 30 juin 2020 · until 30 juin 2021

Ended
Michaël PUTMAN

Managing director · since 30 juin 2020 · until 30 juin 2021

Ended
Quentin PUTMAN

Director · since 30 juin 2020 · until 30 juin 2021

Ended
Françoise Madame Putman

Managing director · since 30 juin 2014

Ended

Other companies at this address

Rue Henri-Joseph Genesse 30 1070 Anderlecht
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0427.692.103
ELECTROTECHNIQUE ET MECANIQUE PUTMAN FRERES● Active
0437.709.827
PUTMAN HOLDINGS● Active
0644.601.523
PUTMAN-PHOENIX - AEP Yaounde● Active
1010.026.554
SM PUMATS ( GROUPEMENT )● Active
0745.716.501
SM PUTMAN - INYTIUM● Active
0699.622.002
SM PUTMAN – STAPOTECH (Sint-Niklaas)● Active
0759.888.397
Societé Momentanée PUTMAN COLLIGNON● Active
0667.947.839
SSM PUTMAN-WANTY-SP DES ROSEAUX● Active
1037.484.680
TM PUTMAN-ARTES DEPRET● Active
1012.398.995

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 date28/07/202628/07/202531/07/202427/07/202313/07/202231/07/2021
General meeting26/06/202626/06/202525/06/202430/06/202330/06/202230/06/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/06/202628/07/2026FrenchPDF
Full model31/12/202426/06/202528/07/2025FrenchPDF
Full model31/12/202325/06/202431/07/2024FrenchPDF
Full model31/12/202230/06/202327/07/2023FrenchPDF
Full model31/12/202130/06/202213/07/2022FrenchPDF
Full model31/12/202030/06/202131/07/2021FrenchPDF
Full model31/12/201930/06/202031/07/2020FrenchPDF
Full model31/12/201824/06/201926/07/2019FrenchPDF
Full modelCorrection31/12/201725/06/201807/08/2018FrenchPDF
Full model31/12/201725/06/201819/07/2018FrenchPDF
Abridged model31/12/201626/06/201707/09/2017FrenchPDF
Abridged model31/12/201511/05/201628/09/2016FrenchPDF
Abridged model31/12/201431/08/201528/09/2015FrenchPDF
Abridged model31/12/201330/06/201405/02/2015FrenchPDF
Abridged model31/12/201230/06/201310/03/2014FrenchPDF
Abridged model31/12/201101/06/201230/09/2012FrenchPDF
Abridged model31/12/201014/06/201111/10/2011FrenchPDF
Abridged model31/12/200917/06/201024/09/2010FrenchPDF
Abridged model31/12/200825/05/200914/10/2009FrenchPDF
Abridged model31/12/200727/05/200809/06/2008FrenchPDF
Abridged model31/12/200622/06/200726/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

6 active · 21 ended

Active mandates

Gilles MOREAU

Director · since 24 avril 2024 · until 24 juin 2027

Active
Michaël PUTMAN

Managing director · since 24 avril 2024 · until 24 juin 2027

Active
Quentin PUTMAN

Director · since 24 avril 2024 · until 24 juin 2027

Active
Gilles MOREAU

Director · since 30 juin 2021 · until 28 juin 2024

Active
Michaël PUTMAN

Managing director · since 30 juin 2021 · until 28 juin 2024

Active
Quentin PUTMAN

Director · since 30 juin 2021 · until 28 juin 2024

Active

Ended mandates

Gilles MOREAU

Director · since 30 juin 2020 · until 30 juin 2021

Ended
Michaël PUTMAN

Managing director · since 30 juin 2020 · until 30 juin 2021

Ended
Quentin PUTMAN

Director · since 30 juin 2020 · until 30 juin 2021

Ended
Françoise Madame Putman

Managing director · since 30 juin 2014

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/01/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - ASSEMBLEE GENERALE
    PDF
  • Mandates03/09/2024
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/12/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/07/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/09/2020
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/12/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/02/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/02/2015
    DEMISSIONS, NOMINATIONS
    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 202573,9 k €↑
  2. 2024
    Annual accounts 20248,6 k €↑
  3. 2024
    Name changeSOCIÉTÉ D’ÉTUDES, COMMERCIALISATION ET RÉALISATION
  4. 2023
    Annual accounts 20234,6 k €↓
  5. 2022
    Annual accounts 202236,4 k €↑
  6. 2021
    Annual accounts 202124,4 k €↑
  7. 2021
    Name changeSOCIETE D'ETUDES, COMMERCIALISATION ET REALISATIONS
  8. 2020
    Annual accounts 2020-53,4 k €↑
  9. 2019
    Annual accounts 2019-81,2 k €↓
  10. 2018
    Annual accounts 201812,5 k €↓
  11. 2017
    Annual accounts 201737,9 k €↓
  12. 2016
    Annual accounts 201670,7 k €↓
  13. 2015
    Annual accounts 201581,8 k €↑
  14. 2014
    Annual accounts 20142,7 k €↑
  15. 2013
    Annual accounts 2013-14,3 k €↓
  16. 2012
    Annual accounts 2012458,3 k €↑
  17. 2011
    Annual accounts 201113,1 k €↑
  18. 2010
    Annual accounts 2010-826 €↑
  19. 2009
    Annual accounts 2009-7,8 k €↓
  20. 2008
    Annual accounts 2008222,4 k €↑
  21. 2007
    Annual accounts 200716,4 k €↓
  22. 2006
    Annual accounts 200616,5 k €
  23. 13/06/1989
    IncorporationPublic limited company