ACTIVE

SERELEC (SA)

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Financial year 2025 · closed on 31/03/2025

Net result

251,2 k €

-62.2% YoY

Gross margin

1,6 M €

-20.2% YoY

Equity

2,6 M €

-8.1% YoY

Workforce

6,4 ETP

+1.6% YoY

What does SERELEC do?

SERELEC is a Public limited company incorporated in 1996. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Gent. It employs on average 6,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0458.516.723

Incorporation

17/07/1996

Legal form

Public limited company

Registered office

Gasmeterlaan 207
9000 Gent · FlandreSee on map

Contributed capital

340 000,00 €

Latest accounts

31/03/2025

Average workforce

6,4 ETP

Activities (NACE)

46643Wholesale of machinery for the textile industry and of sewing and knitting machines· main 46649Wholesale of machinery for the textile industry and of sewing and knitting machines 46693Wholesale of other machinery and equipment 46699Wholesale of other machinery and equipment 51871Air transport 51872Air transport

Joint committees (3)

14901
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,6 M €	-20.2%	2 M €	+1.5%	1,9 M €	+18.6%	1,6 M €	+6.2%	1,5 M €	+7.8%	1,4 M €	-0.2%	1,4 M €	+2.2%	1,4 M €	+22.4%	1,1 M €	-1.3%	1,2 M €	+2.5%	1,1 M €	+4.1%	1,1 M €	+42.9%	760,9 k €	+62.7%	467,6 k €	-9.1%	514,2 k €	+3.2%	498,4 k €	+24.3%	400,9 k €
EBITDA	435 k €	-54.2%	950 k €	-8.5%	1 M €	+39.4%	745,1 k €	-0.8%	751,3 k €	+3.5%	726,1 k €	+1.7%	713,8 k €	-7.8%	774 k €	+61.0%	480,6 k €	+5.3%	456,6 k €	+16.8%	390,8 k €	-28.4%	545,5 k €	+26.6%	430,9 k €	+146%	174,9 k €	-28.0%	243 k €	+2.4%	237,4 k €	+139%	99,4 k €
Operating result	354,6 k €	-60.2%	890,3 k €	-9.6%	984,8 k €	+42.8%	689,7 k €	+5.1%	656,4 k €	+3.9%	631,5 k €	+3.7%	608,9 k €	-14.8%	714,4 k €	+72.2%	414,8 k €	+3.8%	399,6 k €	+17.2%	340,9 k €	-32.6%	505,9 k €	+28.8%	392,6 k €	+134%	168,1 k €	-2.7%	172,7 k €	-23.4%	225,5 k €	+174%	82,4 k €
Net result	251,2 k €	-62.2%	663,9 k €	-8.3%	724,2 k €	+42.2%	509,2 k €	+12.9%	451,2 k €	+11.8%	403,6 k €	+2.5%	393,7 k €	-14.0%	457,6 k €	+118%	210,2 k €	-12.2%	239,3 k €	+19.1%	200,9 k €	-35.8%	312,8 k €	+31.9%	237,1 k €	+147%	96,2 k €	+2.3%	94 k €	-42.6%	163,8 k €	+224%	50,5 k €
Balance sheet
Equity	2,6 M €	-8.1%	2,8 M €	+8.5%	2,6 M €	+15.1%	2,3 M €	+27.6%	1,8 M €	+12.8%	1,6 M €	+6.4%	1,5 M €	+19.8%	1,2 M €	+33.3%	922,9 k €	+7.0%	862,7 k €	+11.6%	773,4 k €	+10.9%	697,4 k €	+14.4%	609,6 k €	+16.7%	522,5 k €	+22.6%	426,3 k €	+28.3%	332,3 k €	+97.2%	168,5 k €
Total assets	3,7 M €	-1.7%	3,8 M €	+3.5%	3,6 M €	+22.5%	3 M €	+24.5%	2,4 M €	+2.1%	2,3 M €	-4.7%	2,4 M €	+2.6%	2,4 M €	+5.6%	2,3 M €	+3.9%	2,2 M €	+1.6%	2,1 M €	+0.2%	2,1 M €	+12.4%	1,9 M €	+22.5%	1,5 M €	+11.7%	1,4 M €	+3.1%	1,3 M €	+23.8%	1,1 M €
Cash	664,5 k €	+1.6%	654 k €	-46.0%	1,2 M €	+31.3%	922,3 k €	+9.6%	841,8 k €	-0.8%	849 k €	+3.9%	816,9 k €	-11.5%	923,4 k €	+4.5%	883,5 k €	+9.6%	806,1 k €	+25.6%	641,6 k €	-4.1%	668,8 k €	+40.4%	476,4 k €	+34.5%	354,3 k €	-19.5%	440,3 k €	+84.4%	238,8 k €	+79.7%	132,9 k €
Debts	1,1 M €	+17.8%	933,4 k €	-9.3%	1 M €	+46.2%	703,8 k €	+16.5%	604,2 k €	-19.9%	753,9 k €	-21.6%	961,7 k €	-15.4%	1,1 M €	-13.1%	1,3 M €	+8.4%	1,2 M €	-6.0%	1,3 M €	-9.3%	1,4 M €	+10.2%	1,3 M €	+35.1%	950,1 k €	-1.0%	959,6 k €	+1.7%	944 k €	+5.3%	896,6 k €
Other
Workforce	6,4 ETP	+1.6%	6,3 ETP	+1.6%	6,2 ETP	-6.1%	6,6 ETP	+3.1%	6,4 ETP	+4.9%	6,1 ETP	-3.2%	6,3 ETP	+1.6%	6,2 ETP	+3.3%	6,0 ETP	0.0%	6,0 ETP	0.0%	6,0 ETP	0.0%	6,0 ETP	+20.0%	5,0 ETP	+22.0%	4,1 ETP	+10.8%	3,7 ETP	-14.0%	4,3 ETP	-10.4%	4,8 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 31/03/2025 · 3 active · 51 ended

Active mandates

Christophe Halsberghe

Director · since 25 septembre 2020 · until 25 septembre 2026

Active

Ivan Halsberghe

Managing director · since 25 septembre 2020 · until 25 septembre 2026

Active

Pascal Halsberghe

Director · since 25 septembre 2020 · until 25 septembre 2026

Active

Ended mandates

Antoinette Pirelli

Managing director · since 26 septembre 2014 · until 25 septembre 2020

Ended

Christophe Halsberghe

Director · since 26 septembre 2014 · until 25 septembre 2020

Ended

Christophe Halsberghe

Director · since 26 septembre 2014 · until 26 septembre 2020

Ended

Geneviève Vynckier - Duparc

Chairman of the board of directors · since 26 septembre 2014 · until 25 septembre 2020

Ended

At this address

Other companies at this address

Company	CBE no.
Ciem● Active	0400.078.181
SVD● Active	0733.834.197

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	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/10/2025	30/10/2024	02/10/2023	25/10/2022	28/10/2021	30/10/2020
General meeting	10/09/2025	27/09/2024	29/09/2023	30/09/2022	18/10/2021	25/09/2020
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	10/09/2025	31/10/2025	Dutch	PDF
Abridged model	31/03/2024	27/09/2024	30/10/2024	Dutch	PDF
Abridged model	31/03/2023	29/09/2023	02/10/2023	Dutch	PDF
Abridged model	31/03/2022	30/09/2022	25/10/2022	Dutch	PDF
Abridged model	31/03/2021	18/10/2021	28/10/2021	Dutch	PDF
Abridged model	31/03/2020	25/09/2020	30/10/2020	Dutch	PDF
Abridged modelCorrection	31/03/2019	30/09/2019	29/11/2019	Dutch	PDF
Abridged model	31/03/2019	30/09/2019	31/10/2019	Dutch	PDF
Abridged model	31/03/2018	27/08/2018	14/09/2018	Dutch	PDF
Abridged model	31/03/2017	29/09/2017	27/10/2017	Dutch	PDF
Abridged model	31/03/2016	30/09/2016	25/10/2016	Dutch	PDF
Abridged model	31/03/2015	25/09/2015	30/10/2015	Dutch	PDF
Abridged model	31/03/2014	26/09/2014	17/10/2014	Dutch	PDF
Abridged model	31/03/2013	27/09/2013	28/10/2013	Dutch	PDF
Abridged model	31/03/2012	28/09/2012	30/10/2012	Dutch	PDF
Abridged model	31/03/2011	27/09/2011	27/10/2011	Dutch	PDF
Abridged model	31/03/2010	23/09/2010	28/10/2010	Dutch	PDF
Abridged model	31/03/2009	29/09/2009	06/10/2009	Dutch	PDF
Abridged model	31/03/2008	26/09/2008	30/10/2008	Dutch	PDF
Abridged model	31/03/2007	28/09/2007	26/10/2007	Dutch	PDF

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 31/03/2025 · 3 active · 51 ended

Active mandates

Christophe Halsberghe

Director · since 25 septembre 2020 · until 25 septembre 2026

Active

Ivan Halsberghe

Managing director · since 25 septembre 2020 · until 25 septembre 2026

Active

Pascal Halsberghe

Director · since 25 septembre 2020 · until 25 septembre 2026

Active

Ended mandates

Antoinette Pirelli

Managing director · since 26 septembre 2014 · until 25 septembre 2020

Ended

Christophe Halsberghe

Director · since 26 septembre 2014 · until 25 septembre 2020

Ended

Christophe Halsberghe

Director · since 26 septembre 2014 · until 26 septembre 2020

Ended

Geneviève Vynckier - Duparc

Chairman of the board of directors · since 26 septembre 2014 · until 25 septembre 2020

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other26/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates13/04/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/12/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/04/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/09/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/12/2008
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 2025251,2 k €↓
2024
Annual accounts 2024663,9 k €↓
2023
Annual accounts 2023724,2 k €↑
2022
Annual accounts 2022509,2 k €↑
2019
Annual accounts 2019451,2 k €↑
2018
Annual accounts 2018403,6 k €↑
2017
Annual accounts 2017393,7 k €↓
2016
Annual accounts 2016457,6 k €↑
2015
Annual accounts 2015210,2 k €↓
2014
Annual accounts 2014239,3 k €↑
2013
Annual accounts 2013200,9 k €↓
2012
Annual accounts 2012312,8 k €↑
2011
Annual accounts 2011237,1 k €↑
2010
Annual accounts 201096,2 k €↑
2009
Annual accounts 200994 k €↓
2008
Annual accounts 2008163,8 k €↑
2007
Annual accounts 200750,5 k €
17/07/1996
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

SERELEC (SA)

Overview

What does SERELEC do?

Trend over 17 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