S.E.T. TUNING
0451.611.709 · rovalta.com · 23/09/2026
ACTIVE
S.E.T. TUNING
Financial year 2025 · closed on 30/06/2025
Net result
77,1 k €
-5.4% YoY
Gross margin
117,1 k €
+14.4% YoY
Equity
496 k €
+18.4% YoY
Overview
What does S.E.T. TUNING do?
S.E.T. TUNING is a Private company with limited liability incorporated in 1993. Its registered office is in Zemst.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0451.611.709
Incorporation
07/12/1993
Legal form
Private company with limited liability
Registered office
Hoge Buizen 61
1980 Zemst · FlandreSee on map
1980 Zemst · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
30/06/2025
Joint committees (1)
- 112
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2007 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 117,1 k € | +14.4% | 102,4 k € | +309% | -49 k € | -231% | 37,3 k € | -25.8% | 50,3 k € | -20.2% | 63 k € | -22.4% | 81,3 k € | -16.5% | 97,4 k € | +13.8% | 85,6 k € | +5.4% | 81,2 k € | +16.5% | 69,7 k € | -46.2% | 129,6 k € | -4.8% | 136,2 k € | +17.2% | 116,2 k € | -9.3% | 128,1 k € | +1.3% | 126,4 k € | -10.0% | 140,5 k € | +51.0% | 93 k € |
| EBITDA | 110,9 k € | +15.4% | 96,1 k € | +248% | -65 k € | -274% | 37,3 k € | -25.7% | 50,3 k € | +30.2% | 38,6 k € | +3.3% | 37,4 k € | -32.3% | 55,1 k € | +2.3% | 53,9 k € | -4.4% | 56,4 k € | +32.7% | 42,5 k € | -57.8% | 100,6 k € | -7.9% | 109,3 k € | +30.6% | 83,6 k € | -11.2% | 94,2 k € | -3.4% | 97,5 k € | -14.0% | 113,4 k € | +22.1% | 92,9 k € |
| Operating result | 96,1 k € | +16.7% | 82,3 k € | +206% | -77,7 k € | -1127% | 7,6 k € | -63.5% | 20,7 k € | +98.1% | 10,5 k € | -27.6% | 14,4 k € | -55.2% | 32,2 k € | -8.1% | 35,1 k € | +9.7% | 32 k € | +271% | 8,6 k € | -82.8% | 50,1 k € | -29.8% | 71,3 k € | +52.2% | 46,9 k € | -17.8% | 57 k € | -11.1% | 64,1 k € | -4.4% | 67,1 k € | +10.6% | 60,7 k € |
| Net result | 77,1 k € | -5.4% | 81,5 k € | +205% | -77,6 k € | -77747% | 100 € | -99.1% | 11,6 k € | +259% | 3,2 k € | +363% | 695 € | -94.3% | 12,1 k € | -19.0% | 15 k € | +20.2% | 12,4 k € | +368% | 2,7 k € | -90.2% | 27 k € | -38.8% | 44,1 k € | +91.8% | 23 k € | -26.4% | 31,3 k € | -7.6% | 33,9 k € | +3.4% | 32,7 k € | -7.0% | 35,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 496 k € | +18.4% | 418,9 k € | +24.1% | 337,4 k € | -18.7% | 415 k € | +0.0% | 414,9 k € | +2.9% | 403,4 k € | +0.8% | 400,2 k € | +0.2% | 399,5 k € | +3.1% | 387,3 k € | +4.0% | 372,4 k € | +3.5% | 359,9 k € | +0.7% | 357,3 k € | +8.2% | 330,3 k € | +15.4% | 286,2 k € | +8.7% | 263,2 k € | +13.5% | 231,9 k € | +17.1% | 198 k € | +19.8% | 165,3 k € |
| Total assets | 515,7 k € | +19.4% | 432 k € | +25.1% | 345,3 k € | -25.2% | 461,7 k € | -19.5% | 573,6 k € | -7.9% | 622,7 k € | +12.8% | 552 k € | -5.3% | 582,9 k € | -3.2% | 602,1 k € | +4.9% | 574,2 k € | -3.1% | 592,5 k € | +13.6% | 521,6 k € | -8.6% | 570,6 k € | -0.6% | 574,2 k € | +15.1% | 499 k € | -2.4% | 511,1 k € | -2.3% | 522,9 k € | -3.2% | 540,4 k € |
| Cash | 6,5 k € | +85.5% | 3,5 k € | -95.1% | 72 k € | -28.9% | 101,2 k € | -23.1% | 131,6 k € | -6.8% | 141,3 k € | -1.2% | 142,9 k € | -13.7% | 165,7 k € | -17.7% | 201,3 k € | +40.3% | 143,5 k € | -6.0% | 152,6 k € | +32.3% | 115,4 k € | -11.2% | 130 k € | -7.5% | 140,5 k € | +22.5% | 114,6 k € | +76.7% | 64,9 k € | -42.4% | 112,6 k € | -15.0% | 132,4 k € |
| Debts | 3,3 k € | -66.8% | 9,9 k € | +141% | 4,1 k € | -91.2% | 46,7 k € | -70.6% | 158,7 k € | -27.6% | 219,3 k € | +44.4% | 151,9 k € | -17.2% | 183,4 k € | -6.9% | 197 k € | -1.8% | 200,5 k € | -13.7% | 232,2 k € | +41.3% | 164,3 k € | -31.6% | 240,3 k € | -16.6% | 288 k € | +22.1% | 235,8 k € | -15.5% | 279,2 k € | -14.1% | 324,9 k € | -13.4% | 375,1 k € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | 0,7 ETP | -30.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | +100% | 0,5 ETP | 0.0% | 0,5 ETP | 0.0% | 0,5 ETP | 0.0% | 0,5 ETP | -28.6% | 0,7 ETP | -30.0% | 1,0 ETP | +11.1% | 0,9 ETP | -18.2% | 1,1 ETP | – | ||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/06/2025 · 1 active · 4 ended
Active mandates
Luc Moerenhout
ActiveEnded mandates
Erik Van Benden
EndedErik Van Beneden
EndedLUC MOERENHOUT
EndedThierry Van den Bergh
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Abridged model | Micro model | Micro model | Abridged model |
| Start of the financial year | 01/07/2024 | 01/07/2023 | 01/07/2022 | 01/07/2021 | 01/07/2020 | 01/07/2019 |
| Closing of the financial year | 30/06/2025 | 30/06/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 | 30/06/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 16/12/2025 | 17/12/2024 | 29/01/2024 | 27/01/2023 | 14/01/2022 | 26/01/2021 |
| General meeting | 06/12/2025 | 07/12/2024 | 02/12/2023 | 03/12/2022 | 04/12/2021 | 05/12/2020 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/06/2025 | 06/12/2025 | 16/12/2025 | Dutch | |
| Micro model | 30/06/2024 | 07/12/2024 | 17/12/2024 | Dutch | |
| Abridged model | 30/06/2023 | 02/12/2023 | 29/01/2024 | Dutch | |
| Micro model | 30/06/2022 | 03/12/2022 | 27/01/2023 | Dutch | |
| Micro model | 30/06/2021 | 04/12/2021 | 14/01/2022 | Dutch | |
| Abridged model | 30/06/2020 | 05/12/2020 | 26/01/2021 | Dutch | |
| Abridged model | 30/06/2019 | 07/12/2019 | 29/01/2020 | Dutch | |
| Abridged model | 30/06/2018 | 01/12/2018 | 31/01/2019 | Dutch | |
| Abridged model | 30/06/2017 | 02/12/2017 | 25/01/2018 | Dutch | |
| Abridged model | 30/06/2016 | 03/12/2016 | 06/01/2017 | Dutch | |
| Abridged model | 30/06/2015 | 05/12/2015 | 29/01/2016 | Dutch | |
| Abridged model | 30/06/2014 | 06/12/2014 | 17/12/2014 | Dutch | |
| Abridged model | 30/06/2013 | 07/12/2013 | 13/12/2013 | Dutch | |
| Abridged model | 30/06/2012 | 01/12/2012 | 10/01/2013 | Dutch | |
| Abridged model | 30/06/2011 | 03/12/2011 | 07/02/2012 | Dutch | |
| Abridged model | 30/06/2010 | 04/12/2010 | 29/12/2010 | Dutch | |
| Abridged model | 30/06/2009 | 05/12/2009 | 04/02/2010 | Dutch | |
| Abridged model | 31/12/2007 | 07/06/2008 | 25/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 02/06/2007 | 02/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/06/2025 · 1 active · 4 ended
Active mandates
Luc Moerenhout
ActiveEnded mandates
Erik Van Benden
EndedErik Van Beneden
EndedLUC MOERENHOUT
EndedThierry Van den Bergh
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates11/05/2023ONTSLAGEN - BENOEMINGEN
- Other24/12/2008BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Capital / shares29/03/2006KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Registered office26/03/2004MAATSCHAPPELIJKE ZETEL
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202577,1 k €↓
- 2024Annual accounts 202481,5 k €↑
- 2023Annual accounts 2023-77,6 k €↓
- 2022Annual accounts 2022100 €↓
- 2021Annual accounts 202111,6 k €↑
- 2020Annual accounts 20203,2 k €↑
- 2019Annual accounts 2019695 €↓
- 2018Annual accounts 201812,1 k €↓
- 2017Annual accounts 201715 k €↑
- 2016Annual accounts 201612,4 k €↑
- 2015Annual accounts 20152,7 k €↓
- 2014Annual accounts 201427 k €↓
- 2013Annual accounts 201344,1 k €↑
- 2012Annual accounts 201223 k €↓
- 2011Annual accounts 201131,3 k €↓
- 2010Annual accounts 201033,9 k €↑
- 2009Annual accounts 200932,7 k €↓
- 2007Annual accounts 200735,2 k €
- 07/12/1993IncorporationPrivate company with limited liability