ACTIVE

SARRAZIJN GEORGES

Financial year 2025 · closed on 31/12/2025
Net result
323 k €
-13.3% YoY
Gross margin
788 k €
-6.2% YoY
Equity
1,6 M €
+5.8% YoY
Workforce
5,8 ETP
+7.4% YoY

What does SARRAZIJN GEORGES do?

SARRAZIJN GEORGES is a Private limited company incorporated in 1990. Its registered office is in Middelkerke. It employs on average 5,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0442.442.734
Incorporation
18/12/1990
Legal form
Private limited company
Registered office
Weststraat 78
8434 Middelkerke · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
5,8 ETP
Joint committees (3)
  • 124
  • 1240
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin788 k €840,4 k €855,2 k €772,5 k €659,4 k €579,8 k €585,6 k €493,6 k €445,7 k €580,8 k €451,9 k €415,6 k €369,3 k €376,1 k €362,4 k €337,9 k €298,3 k €246,7 k €289,9 k €344,7 k €
EBITDA410,6 k €499,2 k €462,4 k €393,1 k €369,8 k €344,4 k €333,7 k €255,6 k €219,4 k €372,6 k €263,6 k €221,9 k €182,5 k €211,3 k €213,7 k €181,4 k €202,2 k €122 k €158,1 k €176,9 k €
Operating result341,3 k €392,9 k €406,8 k €337,8 k €286,8 k €268,8 k €267,3 k €201,8 k €160,6 k €313,2 k €219,8 k €178,9 k €135,4 k €162,8 k €138,8 k €129,8 k €151,9 k €49,2 k €88,9 k €116,8 k €
Net result323 k €372,6 k €380,7 k €318,2 k €269,6 k €252,5 k €254,9 k €190,6 k €150,2 k €287,2 k €206,1 k €174,5 k €137,3 k €155,1 k €139,7 k €107,3 k €106,9 k €42,8 k €76,1 k €88 k €
Balance sheet
Equity1,6 M €1,5 M €1,4 M €1,3 M €1,2 M €1,2 M €1,1 M €1 M €960,9 k €920,5 k €845,9 k €790,5 k €740,8 k €701 k €645,9 k €606,2 k €498,9 k €392 k €349,2 k €333,1 k €
Total assets2 M €1,9 M €1,8 M €1,7 M €1,6 M €1,4 M €1,3 M €1,2 M €1,2 M €1,2 M €1 M €960,2 k €893,4 k €829,1 k €847,2 k €716,7 k €612 k €511,7 k €499,6 k €501,8 k €
Cash958,4 k €852,3 k €795,7 k €700,7 k €579,6 k €786 k €695 k €745,2 k €672,4 k €788 k €705,5 k €649,4 k €557,9 k €509,9 k €463,5 k €372,2 k €307,4 k €51,6 k €145,8 k €22,6 k €
Debts373,5 k €380,7 k €411,5 k €375,5 k €378,6 k €218,7 k €218,7 k €198,8 k €210,6 k €267,4 k €186,9 k €165,6 k €148,4 k €123,9 k €148,5 k €97,4 k €108,8 k €119,3 k €150,1 k €146,8 k €
Other
Workforce5,8 ETP5,4 ETP6,2 ETP6,9 ETP6,3 ETP6,3 ETP5,7 ETP5,0 ETP5,0 ETP4,9 ETP4,0 ETP4,0 ETP4,0 ETP3,3 ETP4,8 ETP4,8 ETP4,3 ETP4,0 ETP4,8 ETP5,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2025 · 2 active · 14 ended

Active mandates

SARRAZIJN BENNY

Director · 0830.101.650

Represented by Benny Sarrazijn

Active
SARRAZIJN BRUNO

Director · 0830.101.947

Represented by Bruno Sarrazijn

Active

Ended mandates

Kelly Degroote

Director · since 26 mars 2018

Ended
Kelly Degroote

Manager · since 26 mars 2018

Ended
SARRAZIJN BENNY

Manager · since 01 janvier 2011 · 0830.101.650

Ended
SARRAZIJN BENNY

Director · since 01 janvier 2011 · 0830.101.650

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date24/06/202617/07/202522/08/202403/07/202323/06/202230/06/2021
General meeting16/06/202618/06/202514/08/202420/06/202321/06/202215/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202516/06/202624/06/2026DutchPDF
Abridged model31/12/202418/06/202517/07/2025DutchPDF
Abridged model31/12/202314/08/202422/08/2024DutchPDF
Abridged model31/12/202220/06/202303/07/2023DutchPDF
Abridged model31/12/202121/06/202223/06/2022DutchPDF
Abridged model31/12/202015/06/202130/06/2021DutchPDF
Abridged model31/12/201916/06/202022/06/2020DutchPDF
Abridged model31/12/201818/06/201919/06/2019DutchPDF
Abridged model31/12/201719/06/201820/06/2018DutchPDF
Abridged model31/12/201620/06/201722/06/2017DutchPDF
Abridged model31/12/201521/06/201622/06/2016DutchPDF
Abridged model31/12/201416/06/201525/06/2015DutchPDF
Abridged model31/12/201317/06/201427/06/2014DutchPDF
Abridged model31/12/201210/07/201308/08/2013DutchPDF
Abridged model31/12/201110/07/201210/08/2012DutchPDF
Abridged model31/12/201015/07/201130/08/2011DutchPDF
Abridged model31/12/200915/06/201015/06/2010DutchPDF
Abridged model31/12/200803/04/200925/05/2009DutchPDF
Abridged model31/12/200703/06/200819/06/2008DutchPDF
Abridged model31/12/200614/05/200706/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 14 ended

Active mandates

SARRAZIJN BENNY

Director · 0830.101.650

Represented by Benny Sarrazijn

Active
SARRAZIJN BRUNO

Director · 0830.101.947

Represented by Bruno Sarrazijn

Active

Ended mandates

Kelly Degroote

Director · since 26 mars 2018

Ended
Kelly Degroote

Manager · since 26 mars 2018

Ended
SARRAZIJN BENNY

Manager · since 01 janvier 2011 · 0830.101.650

Ended
SARRAZIJN BENNY

Director · since 01 janvier 2011 · 0830.101.650

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/05/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates13/04/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/06/2011
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates05/02/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/08/2005
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares04/08/2004
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ALGEMENE VERGADERING
    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. 2025
    Annual accounts 2025323 k €
  2. 2024
    Annual accounts 2024372,6 k €
  3. 2023
    Annual accounts 2023380,7 k €
  4. 2022
    Annual accounts 2022318,2 k €
  5. 2021
    Annual accounts 2021269,6 k €
  6. 2020
    Annual accounts 2020252,5 k €
  7. 2019
    Annual accounts 2019254,9 k €
  8. 2018
    Annual accounts 2018190,6 k €
  9. 2017
    Annual accounts 2017150,2 k €
  10. 2016
    Annual accounts 2016287,2 k €
  11. 2015
    Annual accounts 2015206,1 k €
  12. 2014
    Annual accounts 2014174,5 k €
  13. 2013
    Annual accounts 2013137,3 k €
  14. 2012
    Annual accounts 2012155,1 k €
  15. 2011
    Annual accounts 2011139,7 k €
  16. 2010
    Annual accounts 2010107,3 k €
  17. 2009
    Annual accounts 2009106,9 k €
  18. 2008
    Annual accounts 200842,8 k €
  19. 2007
    Annual accounts 200776,1 k €
  20. 2006
    Annual accounts 200688 k €
  21. 18/12/1990
    IncorporationPrivate limited company