ACTIVE

REFRINAM EXPORT

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-27,6 k €

-141.3% YoY

Gross margin

408,8 k €

-17.2% YoY

Equity

679,3 k €

-3.9% YoY

Workforce

4,5 ETP

-21.1% YoY

What does REFRINAM EXPORT do?

REFRINAM EXPORT is a Public limited company incorporated in 1994. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Jemeppe-sur-Sambre. It employs on average 4,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.521.718

Incorporation

03/10/1994

Legal form

Public limited company

Registered office

Rue Isidore-Derèse,Mornimont 124
5190 Jemeppe-sur-Sambre · WallonieSee on map

Contributed capital

200 000,00 €

Latest accounts

31/12/2025

Average workforce

4,5 ETP

Activities (NACE)

46649Wholesale of machinery for the textile industry and of sewing and knitting machines· main 46699Wholesale of other machinery and equipment 51873Air transport 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate 47110Retail sale in non-specialised stores with food, beverages or tobacco predominating+1

Joint committees (4)

119
14901
201
218

Signals

Solid equityPositive cashflowPositive EBITDAHealthy social debts

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 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	408,8 k €	-17.2%	493,9 k €	-7.9%	536,1 k €	+53.7%	348,9 k €	-11.6%	394,7 k €	-13.8%	457,9 k €	+42.8%	320,6 k €	-4.4%	335,5 k €	+8.7%	308,6 k €	-19.2%	382 k €	+20.4%	317,3 k €	-1.9%	323,5 k €	-6.3%	345,2 k €	-26.2%	467,7 k €	+7.2%	436,4 k €	+9.4%	398,7 k €	+7.2%	371,8 k €	-5.0%	391,4 k €	+34.9%	290 k €	+38.6%	209,3 k €
EBITDA	126 k €	-43.6%	223,4 k €	-26.2%	302,6 k €	+79.0%	169,1 k €	-16.0%	201,4 k €	-28.6%	282 k €	+106%	137,1 k €	-16.7%	164,7 k €	+34.5%	122,5 k €	-45.1%	222,9 k €	+21.5%	183,6 k €	+5.2%	174,5 k €	-1.7%	177,4 k €	-28.4%	247,7 k €	+10.6%	223,9 k €	+4.9%	213,3 k €	-5.9%	226,6 k €	-9.0%	249 k €	+47.3%	169 k €	-11.6%	191,1 k €
Operating result	-10,4 k €	-109%	113,5 k €	-39.0%	186 k €	+246%	53,8 k €	-47.8%	103,1 k €	-43.7%	183,1 k €	+347%	40,9 k €	-40.9%	69,2 k €	+75.2%	39,5 k €	-60.8%	100,8 k €	+61.7%	62,3 k €	-16.0%	74,2 k €	-11.8%	84,1 k €	-43.5%	148,8 k €	+46.6%	101,5 k €	+2.9%	98,6 k €	+18.1%	83,5 k €	-32.1%	122,9 k €	+1562%	7,4 k €	-87.3%	58,4 k €
Net result	-27,6 k €	-141%	66,9 k €	-44.4%	120,5 k €	+1138%	-11,6 k €	-122%	52,7 k €	-51.2%	107,8 k €	+4324%	2,4 k €	-72.6%	8,9 k €	+125%	-34,9 k €	-211%	31,5 k €	+548%	4,9 k €	-3.5%	5 k €	-22.3%	6,5 k €	-87.1%	50,5 k €	+122%	22,8 k €	+15.9%	19,6 k €	+105%	9,6 k €	+8.4%	8,8 k €	+109%	-94,5 k €	-3801%	2,6 k €
Balance sheet
Equity	679,3 k €	-3.9%	707 k €	+10.5%	640 k €	+23.2%	519,5 k €	-2.2%	531,1 k €	+11.0%	478,5 k €	+29.1%	370,6 k €	+0.7%	368,2 k €	+2.5%	359,3 k €	-8.9%	394,2 k €	+8.7%	362,7 k €	+1.4%	357,8 k €	+1.4%	352,8 k €	+1.9%	346,3 k €	+17.1%	295,8 k €	+8.3%	273 k €	+7.7%	253,4 k €	+3.9%	243,8 k €	+3.8%	235 k €	-28.7%	329,5 k €
Total assets	1,5 M €	-7.5%	1,6 M €	-1.8%	1,6 M €	-1.0%	1,6 M €	+26.8%	1,3 M €	-0.9%	1,3 M €	-0.9%	1,3 M €	-8.8%	1,5 M €	-0.4%	1,5 M €	-3.9%	1,5 M €	-1.4%	1,5 M €	-6.5%	1,6 M €	+0.7%	1,6 M €	-3.7%	1,7 M €	-0.4%	1,7 M €	-4.7%	1,8 M €	-7.2%	1,9 M €	-0.3%	1,9 M €	-8.7%	2,1 M €	+171%	780,2 k €
Cash	40,7 k €	-7.4%	44 k €	-64.2%	122,9 k €	+97.6%	62,2 k €	+12.5%	55,2 k €	+110%	26,3 k €	+4.1%	25,3 k €	-35.5%	39,2 k €	-33.9%	59,3 k €	+6.8%	55,5 k €	+44.4%	38,4 k €	-12.0%	43,6 k €	+17.1%	37,3 k €	-52.5%	78,5 k €	+60.9%	48,8 k €	-44.3%	87,6 k €	+89.6%	46,2 k €	-18.6%	56,7 k €	-8.7%	62,1 k €	+332%	14,4 k €
Debts	795,1 k €	-9.6%	880 k €	-11.2%	991,1 k €	-12.1%	1,1 M €	+46.8%	768,3 k €	-7.8%	832,9 k €	-12.6%	952,5 k €	-11.9%	1,1 M €	-1.3%	1,1 M €	-2.1%	1,1 M €	-4.5%	1,2 M €	-8.7%	1,3 M €	+0.4%	1,3 M €	-5.2%	1,3 M €	-4.3%	1,4 M €	-7.1%	1,5 M €	-9.4%	1,7 M €	-1.0%	1,7 M €	-10.3%	1,9 M €	+317%	450,7 k €
Other
Workforce	4,5 ETP	-21.1%	5,7 ETP	+32.6%	4,3 ETP	0.0%	4,3 ETP	-14.0%	5,0 ETP	+6.4%	4,7 ETP	-11.3%	5,3 ETP	+8.2%	4,9 ETP	+25.6%	3,9 ETP	-2.5%	4,0 ETP	0.0%	4,0 ETP	-16.7%	4,8 ETP	-9.4%	5,3 ETP	-13.1%	6,1 ETP	-4.7%	6,4 ETP	-8.6%	7,0 ETP	+4.5%	6,7 ETP	+76.3%	3,8 ETP	0.0%	3,8 ETP	+280%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 12 ended

Active mandates

Severine LECERTUA

Director · since 01 janvier 2021 · until 01 janvier 2027

Active

Christelle LECERTUA

Director · since 30 mai 2020 · until 30 mai 2026

Active

LUIS LECERTUA

Managing director · since 30 mai 2020 · until 30 mai 2026

Active

Ended mandates

Christelle Lecertua

Director · since 30 mai 2014 · until 30 mai 2020

Ended

Christelle LECRTUA

Director · since 30 mai 2014 · until 30 mai 2020

Ended

Luis Lecertua

Managing director · since 30 mai 2014 · until 30 mai 2020

Ended

Christelle LECERTUA

Director · since 28 mai 2008 · until 28 mai 2014

Ended

At this address

Other companies at this address

Company	CBE no.
LL SPORTS● Active	0779.254.844

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	06/08/2026	29/07/2025	12/06/2024	16/06/2023	25/08/2022	18/06/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
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
Abridged model	31/12/2025	29/05/2026	06/08/2026	French	PDF
Abridged model	31/12/2024	30/05/2025	29/07/2025	French	PDF
Abridged model	31/12/2023	31/05/2024	12/06/2024	French	PDF
Abridged model	31/12/2022	26/05/2023	16/06/2023	French	PDF
Abridged modelCorrection	31/12/2021	27/05/2022	25/08/2022	French	PDF
Abridged model	31/12/2021	27/05/2022	30/05/2022	French	PDF
Abridged model	31/12/2020	28/05/2021	18/06/2021	French	PDF
Abridged model	31/12/2019	29/05/2020	16/06/2020	French	PDF
Abridged model	31/12/2018	31/05/2019	31/07/2019	French	PDF
Abridged model	31/12/2017	25/05/2018	29/08/2018	French	PDF
Abridged model	31/12/2016	26/05/2017	03/07/2017	French	PDF
Abridged model	31/12/2015	27/05/2016	11/08/2016	French	PDF
Abridged model	31/12/2014	29/05/2015	26/08/2015	French	PDF
Abridged model	31/12/2013	30/05/2014	25/06/2014	French	PDF
Abridged model	31/12/2012	31/05/2013	10/07/2013	French	PDF
Abridged model	31/12/2011	25/05/2012	27/08/2012	French	PDF
Abridged model	31/12/2010	27/05/2011	15/06/2011	French	PDF
Abridged model	31/12/2009	28/05/2010	27/08/2010	French	PDF
Abridged model	31/12/2008	29/05/2009	03/07/2009	French	PDF
Abridged model	31/12/2007	28/05/2008	04/06/2008	French	PDF
Abridged model	31/12/2006	30/05/2007	04/06/2007	French	PDF

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.

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 · 3 active · 12 ended

Active mandates

Severine LECERTUA

Director · since 01 janvier 2021 · until 01 janvier 2027

Active

Christelle LECERTUA

Director · since 30 mai 2020 · until 30 mai 2026

Active

LUIS LECERTUA

Managing director · since 30 mai 2020 · until 30 mai 2026

Active

Ended mandates

Christelle Lecertua

Director · since 30 mai 2014 · until 30 mai 2020

Ended

Christelle LECRTUA

Director · since 30 mai 2014 · until 30 mai 2020

Ended

Luis Lecertua

Managing director · since 30 mai 2014 · until 30 mai 2020

Ended

Christelle LECERTUA

Director · since 28 mai 2008 · until 28 mai 2014

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/02/2025
DEMISSIONS, NOMINATIONS
PDF
Other13/12/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates07/01/2021
DEMISSIONS, NOMINATIONS
PDF
Registered office23/10/2020
SIEGE SOCIAL
PDF
Mandates21/08/2020
DEMISSIONS, NOMINATIONS
PDF
Registered office20/02/2020
SIEGE SOCIAL
PDF
Mandates28/05/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates31/07/2009
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

2025
Annual accounts 2025-27,6 k €↓
2024
Annual accounts 202466,9 k €↓
2023
Annual accounts 2023120,5 k €↑
2022
Annual accounts 2022-11,6 k €↓
2021
Annual accounts 202152,7 k €↓
2020
Annual accounts 2020107,8 k €↑
2019
Annual accounts 20192,4 k €↓
2018
Annual accounts 20188,9 k €↑
2017
Annual accounts 2017-34,9 k €↓
2016
Annual accounts 201631,5 k €↑
2015
Annual accounts 20154,9 k €↓
2014
Annual accounts 20145 k €↓
2013
Annual accounts 20136,5 k €↓
2012
Annual accounts 201250,5 k €↑
2011
Annual accounts 201122,8 k €↑
2010
Annual accounts 201019,6 k €↑
2009
Annual accounts 20099,6 k €↑
2008
Annual accounts 20088,8 k €↑
2007
Annual accounts 2007-94,5 k €↓
2006
Annual accounts 20062,6 k €
03/10/1994
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

REFRINAM EXPORT

Overview

What does REFRINAM EXPORT do?

Trend over 20 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