ACTIVE

SAEY

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

529,8 k €

-93.3% YoY

Revenue

106,5 M €

-9.5% YoY

Equity

63,3 M €

+0.8% YoY

Workforce

80,5 ETP

-3.9% YoY

What does SAEY do?

SAEY is a Public limited company incorporated in 1992. Its main activity is: Wholesale of metals and metal ores. Its registered office is in Kortrijk. It employs on average 80,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.146.433

Incorporation

16/07/1992

Legal form

Public limited company

Registered office

Industrielaan(Heu) 4
8501 Kortrijk · FlandreSee on map

Contributed capital

2 000 000,00 €

Latest accounts

31/12/2025

Average workforce

80,5 ETP

Activities (NACE)

46720Wholesale of metals and metal ores· main 46741Wholesale of hardware, plumbing and heating equipment and supplies 46820Wholesale trade, except of motor vehicles and motorcycles 46841Wholesale trade, except of motor vehicles and motorcycles

Joint committees (2)

14904
200

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	106,5 M €	-9.5%	117,7 M €	-14.4%	137,5 M €	-25.9%	185,7 M €	+117%	85,5 M €	-3.9%	89 M €	-1.0%	89,9 M €	+21.4%	74,1 M €	+18.3%	62,6 M €	+0.6%	62,2 M €	-9.8%	69 M €	+0.9%	68,3 M €	-3.4%	70,7 M €	+23.8%	57,1 M €	+33.0%	42,9 M €	-56.6%	98,8 M €	+9.1%	90,6 M €	+16.5%	77,8 M €
EBITDA	161,8 k €	-98.1%	8,7 M €	+497%	-2,2 M €	-117%	12,6 M €	+145%	5,1 M €	+124%	2,3 M €	-37.3%	3,6 M €	-34.9%	5,6 M €	+17.4%	4,8 M €	+112%	2,3 M €	-32.4%	3,3 M €	+40.4%	2,4 M €	-31.7%	3,5 M €	-40.5%	5,8 M €	+266%	1,6 M €	-84.3%	10,2 M €	+154%	4 M €	-27.6%	5,5 M €
Operating result	-573,5 k €	-107%	8 M €	+364%	-3 M €	-127%	11,4 M €	+192%	3,9 M €	+179%	1,4 M €	-55.8%	3,2 M €	-36.5%	5 M €	+20.6%	4,1 M €	+202%	1,4 M €	-35.9%	2,1 M €	+136%	902,3 k €	-22.9%	1,2 M €	-66.2%	3,5 M €	+410%	-1,1 M €	-115%	7,4 M €	+160%	2,8 M €	-41.2%	4,8 M €
Net result	529,8 k €	-93.3%	7,9 M €	+504%	-2 M €	-120%	9,6 M €	+166%	3,6 M €	+118%	1,7 M €	-38.2%	2,7 M €	-30.3%	3,8 M €	+17.8%	3,3 M €	+104%	1,6 M €	-24.9%	2,1 M €	+77.5%	1,2 M €	-21.7%	1,5 M €	-55.9%	3,5 M €	+413%	-1,1 M €	-121%	5,3 M €	+184%	1,8 M €	-44.1%	3,3 M €
Balance sheet
Equity	63,3 M €	+0.8%	62,8 M €	+14.4%	54,9 M €	-3.5%	56,8 M €	+10.6%	51,4 M €	+7.3%	47,9 M €	+3.7%	46,2 M €	+6.5%	43,4 M €	-4.2%	45,3 M €	+9.8%	41,3 M €	+3.9%	39,7 M €	+5.6%	37,6 M €	+3.2%	36,5 M €	+4.3%	35 M €	+11.0%	31,5 M €	-3.5%	32,7 M €	+20.3%	27,2 M €	+33.7%	20,3 M €
Total assets	75,2 M €	+0.4%	74,9 M €	+9.0%	68,7 M €	-4.7%	72,1 M €	+12.8%	63,9 M €	+13.2%	56,5 M €	-0.0%	56,5 M €	-0.8%	57 M €	+7.1%	53,2 M €	+7.2%	49,6 M €	-0.7%	49,9 M €	+1.9%	49 M €	-5.7%	51,9 M €	+8.5%	47,9 M €	+13.5%	42,2 M €	-12.1%	48 M €	-5.9%	51 M €	+17.1%	43,6 M €
Cash	1,2 M €	+105%	562,2 k €	-60.0%	1,4 M €	-90.6%	15 M €	+50.6%	9,9 M €	+16.1%	8,6 M €	+119%	3,9 M €	-34.5%	6 M €	+482%	1 M €	-6.0%	1,1 M €	-12.7%	1,3 M €	-20.3%	1,6 M €	+24.4%	1,3 M €	+6.5%	1,2 M €	+158%	460,1 k €	+546%	71,2 k €	-96.8%	2,2 M €	+233%	668,9 k €
Debts	11,8 M €	-1.6%	12 M €	-12.8%	13,8 M €	-8.9%	15,1 M €	+23.0%	12,3 M €	+46.7%	8,4 M €	-16.9%	10,1 M €	-24.6%	13,4 M €	+75.1%	7,6 M €	-4.8%	8 M €	-18.9%	9,9 M €	-10.0%	11 M €	-27.4%	15,1 M €	+20.9%	12,5 M €	+23.1%	10,2 M €	-28.7%	14,2 M €	-38.3%	23,1 M €	+3.3%	22,4 M €
Other
Workforce	80,5 ETP	-3.9%	83,8 ETP	+2.4%	81,8 ETP	+9.7%	74,6 ETP	0.0%	74,6 ETP	-2.6%	76,6 ETP	+10.2%	69,5 ETP	-2.4%	71,2 ETP	+9.2%	65,2 ETP	-2.2%	66,7 ETP	0.0%	66,7 ETP	-1.5%	67,7 ETP	+5.9%	63,9 ETP	+1.1%	63,2 ETP	-4.0%	65,8 ETP	-12.7%	75,4 ETP	+5.5%	71,5 ETP	+10.5%	64,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 52 ended

Active mandates

Bram Schildkamp

Director · since 04 juin 2024 · until 04 juin 2030

Active

Jan Vandamme

Director · since 04 juin 2024 · until 04 juin 2030

Active

RIEMAR CONSULTANCY

Director · since 04 juin 2024 · until 15 décembre 2025 · 0778.332.057

Represented by Rieno Destoop

Active

SERTAC

Director · since 04 juin 2024 · until 05 juin 2029 · 1005.532.781

Represented by Serge Timmermans

Active

Franciscus Peters

Managing director · since 05 juillet 2023 · until 05 juin 2029

Active

Ended mandates

RIEMAR CONSULTANCY

Director · since 04 juin 2024 · until 04 juin 2030 · 0778.332.057

Represented by Rieno Destoop

Ended

ACIDBASE

Director · since 28 avril 2022 · until 27 avril 2023 · 0556.662.016

Represented by Pol-Henry Bonte

Ended

ACIDBASE

Director · since 28 avril 2022 · until 05 juillet 2023 · 0556.662.016

Represented by Pol-Henry Bonte

Ended

CD - X

Director · since 28 avril 2022 · until 27 avril 2023 · 0479.834.749

Represented by Carl Dewulf

Ended

At this address

Other companies at this address

Company	CBE no.
ACAZA● Active	0823.850.692
Saey● Liquidation	0405.363.889
Sattua● Active	0849.581.230
Travis● Active	0793.137.128

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	26/06/2026	10/07/2025	11/06/2024	15/05/2023	25/05/2022	10/05/2021
General meeting	02/06/2026	09/07/2025	04/06/2024	27/04/2023	28/04/2022	29/04/2021
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 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	02/06/2026	26/06/2026	Dutch	PDF
Full model	31/12/2024	09/07/2025	10/07/2025	Dutch	PDF
Full model	31/12/2023	04/06/2024	11/06/2024	Dutch	PDF
Full model	31/12/2022	27/04/2023	15/05/2023	Dutch	PDF
Full model	31/12/2021	28/04/2022	25/05/2022	Dutch	PDF
Full model	31/12/2020	29/04/2021	10/05/2021	Dutch	PDF
Full model	31/12/2019	30/04/2020	06/05/2020	Dutch	PDF
Full model	31/12/2018	25/04/2019	06/05/2019	Dutch	PDF
Full model	31/12/2017	26/04/2018	07/05/2018	Dutch	PDF
Full model	31/12/2016	27/04/2017	02/05/2017	Dutch	PDF
Full model	31/12/2015	28/04/2016	02/05/2016	Dutch	PDF
Full model	31/12/2014	30/04/2015	13/05/2015	Dutch	PDF
Full model	31/12/2013	24/04/2014	07/05/2014	Dutch	PDF
Full model	31/12/2012	30/04/2013	15/05/2013	Dutch	PDF
Full modelCorrection	31/12/2011	02/05/2012	24/01/2013	Dutch	PDF
Full model	31/12/2011	02/05/2012	13/06/2012	Dutch	PDF
Full model	31/12/2010	28/04/2011	12/05/2011	Dutch	PDF
Full model	31/12/2009	29/04/2010	29/07/2010	Dutch	PDF
Full model	31/12/2008	30/04/2009	09/07/2009	Dutch	PDF
Full model	31/12/2007	24/04/2008	22/05/2008	Dutch	PDF
Full model	31/12/2006	26/04/2007	28/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 5 active · 52 ended

Active mandates

Bram Schildkamp

Director · since 04 juin 2024 · until 04 juin 2030

Active

Jan Vandamme

Director · since 04 juin 2024 · until 04 juin 2030

Active

RIEMAR CONSULTANCY

Director · since 04 juin 2024 · until 15 décembre 2025 · 0778.332.057

Represented by Rieno Destoop

Active

SERTAC

Director · since 04 juin 2024 · until 05 juin 2029 · 1005.532.781

Represented by Serge Timmermans

Active

Franciscus Peters

Managing director · since 05 juillet 2023 · until 05 juin 2029

Active

Ended mandates

RIEMAR CONSULTANCY

Director · since 04 juin 2024 · until 04 juin 2030 · 0778.332.057

Represented by Rieno Destoop

Ended

ACIDBASE

Director · since 28 avril 2022 · until 27 avril 2023 · 0556.662.016

Represented by Pol-Henry Bonte

Ended

ACIDBASE

Director · since 28 avril 2022 · until 05 juillet 2023 · 0556.662.016

Represented by Pol-Henry Bonte

Ended

CD - X

Director · since 28 avril 2022 · until 27 avril 2023 · 0479.834.749

Represented by Carl Dewulf

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other31/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates07/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/11/2022
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025529,8 k €↓
2024
Annual accounts 20247,9 M €↑
04/06/2024
nominationRiemar Consultancy BV — bestuurder
04/06/2024
nominationBram Schildkamp — bestuurder
04/06/2024
nominationJan Vandamme — bestuurder
01/03/2024
nominationSERTAC BV — bestuurder
2023
Annual accounts 2023-2 M €↓
05/07/2023
nominationFranciscus Peters — bestuurder
27/04/2023
reconductionJean Vanderstuyft — vaste vertegenwoordiger van de BV FGC Invest (bestuurder)
27/04/2023
reconductionCarl Dewulf — vaste vertegenwoordiger van de BV CD-X (bestuurder)
27/04/2023
reconductionPol-Henry Bonte — vaste vertegenwoordiger van de BV AcidBase (bestuurder)
27/04/2023
nominationJurgen Lelie — vaste vertegenwoordiger van VGD Bedrijfsrevisoren BV (commissaris)
2022
Annual accounts 20229,6 M €↑
28/04/2022
reconductionBV FGC Invest — bestuurder
28/04/2022
reconductionBV CD-X — bestuurder
28/04/2022
reconductionBV AcidBase — bestuurder
2020
Annual accounts 20203,6 M €↑
2019
Annual accounts 20191,7 M €↓
2018
Annual accounts 20182,7 M €↓
2017
Annual accounts 20173,8 M €↑
2016
Annual accounts 20163,3 M €↑
2014
Annual accounts 20141,6 M €↓
2013
Annual accounts 20132,1 M €↑
2012
Annual accounts 20121,2 M €↓
2011
Annual accounts 20111,5 M €↓
2010
Annual accounts 20103,5 M €↑
2009
Annual accounts 2009-1,1 M €↓
2008
Annual accounts 20085,3 M €↑
2007
Annual accounts 20071,8 M €↓
2006
Annual accounts 20063,3 M €
16/07/1992
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SAEY

Overview

What does SAEY do?

Trend over 18 financial years

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