ACTIVE

SYLMAR

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

153 k €

-16.5% YoY

Gross margin

501,2 k €

-2.1% YoY

Equity

1,2 M €

+14.4% YoY

What does SYLMAR do?

SYLMAR is a Private limited company incorporated in 1995. Its registered office is in Brugge.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.961.969

Incorporation

05/04/1995

Legal form

Private limited company

Registered office

Geldmuntstraat 34
8000 Brugge · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2024

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive 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 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	501,2 k €	-2.1%	511,9 k €	+26.8%	403,6 k €	+28.1%	315,1 k €	+45.4%	216,7 k €	-42.4%	376,6 k €	-10.3%	419,8 k €	+26.0%	333,2 k €	-7.1%	358,6 k €	+20.5%	297,6 k €	-14.1%	346,7 k €	+37.3%	252,5 k €	-12.5%	288,7 k €	-1.5%	293 k €	+9.9%	266,6 k €	-5.5%	282,2 k €	+7.6%	262,2 k €	+1.5%	258,3 k €
EBITDA	272,5 k €	-16.2%	325,1 k €	+51.4%	214,7 k €	+34.4%	159,8 k €	+115%	74,4 k €	-59.6%	184 k €	-24.2%	242,7 k €	+39.4%	174,2 k €	-11.7%	197,3 k €	+29.9%	151,9 k €	-24.6%	201,4 k €	+62.5%	123,9 k €	-36.4%	194,8 k €	-1.2%	197,1 k €	-5.8%	209,4 k €	-2.0%	213,8 k €	+20.7%	177 k €	+2.4%	172,9 k €
Operating result	220,7 k €	-15.8%	262,2 k €	+78.9%	146,6 k €	+59.7%	91,8 k €	+793%	10,3 k €	-91.8%	124,9 k €	-14.0%	145,2 k €	+84.5%	78,7 k €	-21.3%	99,9 k €	+86.8%	53,5 k €	-42.6%	93,3 k €	+1337%	6,5 k €	-92.1%	82 k €	-1.5%	83,2 k €	-16.9%	100,2 k €	-6.0%	106,6 k €	+23.1%	86,6 k €	-7.6%	93,7 k €
Net result	153 k €	-16.5%	183,1 k €	+79.1%	102,3 k €	+52.4%	67,1 k €	+1859%	3,4 k €	-96.3%	91,4 k €	-22.2%	117,4 k €	+159%	45,2 k €	-23.3%	59 k €	+162%	22,5 k €	-51.6%	46,5 k €	+333%	-19,9 k €	-179%	25,2 k €	+17.5%	21,4 k €	-34.6%	32,8 k €	+136%	13,9 k €	-23.5%	18,2 k €	-24.1%	23,9 k €
Balance sheet
Equity	1,2 M €	+14.4%	1,1 M €	+20.9%	877,8 k €	+13.2%	775,5 k €	+9.5%	708,5 k €	+0.5%	705 k €	+14.9%	613,7 k €	+23.7%	496,3 k €	+10.0%	451 k €	+15.0%	392,1 k €	+6.1%	369,6 k €	+14.4%	323,1 k €	-5.8%	343 k €	+7.9%	317,9 k €	+7.2%	296,5 k €	+12.4%	263,7 k €	+21.1%	217,8 k €	+12.6%	193,5 k €
Total assets	1,5 M €	+30.4%	1,1 M €	+15.1%	970,8 k €	+3.1%	941,6 k €	+10.7%	850,4 k €	-0.3%	852,9 k €	+14.3%	746,2 k €	+0.5%	742,4 k €	-6.0%	790,2 k €	-2.9%	813,9 k €	-5.1%	857,7 k €	-5.6%	908,3 k €	-10.9%	1 M €	-8.8%	1,1 M €	-6.9%	1,2 M €	+1.2%	1,2 M €	+1.8%	1,2 M €	-3.7%	1,2 M €
Cash	47,6 k €	-4.0%	49,6 k €	+76.4%	28,1 k €	-27.7%	38,9 k €	-38.3%	63 k €	+101%	31,3 k €	-49.8%	62,5 k €	+231%	18,9 k €	-63.0%	51,1 k €	-52.9%	108,5 k €	+100%	54,2 k €	+42.1%	38,1 k €	-21.2%	48,4 k €	+308%	11,9 k €	-29.7%	16,9 k €	+193%	5,8 k €	+2950%	189 €	-99.7%	70,9 k €
Debts	234,3 k €	+374%	49,5 k €	-39.4%	81,6 k €	-48.4%	158,1 k €	+14.8%	137,7 k €	-1.0%	139,1 k €	+12.5%	123,7 k €	-47.9%	237,5 k €	-28.0%	329,8 k €	-20.4%	414,3 k €	-14.0%	481,7 k €	-16.8%	579,1 k €	-8.3%	631,3 k €	-20.6%	794,9 k €	-12.0%	903 k €	-1.7%	918,4 k €	-2.3%	939,9 k €	-5.2%	991,9 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		5,1 ETP	+13.3%	4,5 ETP	+9.8%	4,1 ETP	+28.1%	3,2 ETP	+6.7%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 2 ended

Active mandates

Jerosima PAIC

Director

Active

Martinus MANDERS

Director

Active

Ended mandates

Jerosima PAIC

Manager

Ended

Martinus MANDERS

Manager

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/09/2025	20/09/2024	26/10/2023	31/10/2022	08/01/2022	27/11/2020
General meeting	29/05/2025	30/05/2024	25/05/2023	26/05/2022	27/05/2021	28/05/2020
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 days

Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	29/05/2025	30/09/2025	Dutch	PDF
Micro model	31/12/2023	30/05/2024	20/09/2024	Dutch	PDF
Micro model	31/12/2022	25/05/2023	26/10/2023	Dutch	PDF
Micro model	31/12/2021	26/05/2022	31/10/2022	Dutch	PDF
Micro model	31/12/2020	27/05/2021	08/01/2022	Dutch	PDF
Micro model	31/12/2019	28/05/2020	27/11/2020	Dutch	PDF
Micro model	31/12/2018	30/05/2019	31/10/2019	Dutch	PDF
Micro model	31/12/2017	31/05/2018	30/09/2018	Dutch	PDF
Micro model	31/12/2016	25/05/2017	30/07/2017	Dutch	PDF
Abridged model	31/12/2015	26/05/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	28/05/2015	24/08/2015	Dutch	PDF
Abridged model	31/12/2013	29/05/2014	12/05/2015	Dutch	PDF
Abridged model	31/12/2012	30/05/2013	30/09/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	30/11/2012	Dutch	PDF
Abridged model	31/12/2010	26/05/2011	06/06/2011	Dutch	PDF
Abridged model	31/12/2009	17/05/2010	31/05/2010	Dutch	PDF
Abridged model	31/12/2008	28/05/2009	12/06/2009	Dutch	PDF
Abridged model	31/12/2007	29/05/2008	30/09/2008	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 2 ended

Active mandates

Jerosima PAIC

Director

Active

Martinus MANDERS

Director

Active

Ended mandates

Jerosima PAIC

Manager

Ended

Martinus MANDERS

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/03/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares27/05/2003
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
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

2024
Annual accounts 2024153 k €↓
2023
Annual accounts 2023183,1 k €↑
2022
Annual accounts 2022102,3 k €↑
2021
Annual accounts 202167,1 k €↑
2020
Annual accounts 20203,4 k €↓
2019
Annual accounts 201991,4 k €↓
2018
Annual accounts 2018117,4 k €↑
2017
Annual accounts 201745,2 k €↓
2016
Annual accounts 201659 k €↑
2015
Annual accounts 201522,5 k €↓
2014
Annual accounts 201446,5 k €↑
2013
Annual accounts 2013-19,9 k €↓
2012
Annual accounts 201225,2 k €↑
2011
Annual accounts 201121,4 k €↓
2010
Annual accounts 201032,8 k €↑
2009
Annual accounts 200913,9 k €↓
2008
Annual accounts 200818,2 k €↓
2007
Annual accounts 200723,9 k €
05/04/1995
IncorporationPrivate 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

SYLMAR

Overview

What does SYLMAR do?

Trend over 18 financial years

Indicative valuation

Board of directors

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