ACTIVE

SWITCH LIGHTING STORE

Financial year 2025 · closed on 31/12/2025
Net result
-193,5 k €
-58.4% YoY
Gross margin
95,5 k €
-45.3% YoY
Equity
-85,5 k €
-179.2% YoY
Workforce
400,1 ETP
+10159.0% YoY

What does SWITCH LIGHTING STORE do?

SWITCH LIGHTING STORE is a Public limited company incorporated in 1998. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Malmedy. It employs on average 400,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0462.313.777
Incorporation
20/01/1998
Legal form
Public limited company
Registered office
Baugnez-Route de Waimes 83
4960 Malmedy · WallonieSee on map
Contributed capital
62 236,62 €
Latest accounts
31/12/2025
Average workforce
400,1 ETP
Joint committees (5)
  • 100
  • 149
  • 14901
  • 200
  • 218
Signals
Good liquidityHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 21 financial years

202520242023202220212020201920182017201620152014201320122011201020092008200720062005
Income statement
Gross margin95,5 k €174,7 k €283,3 k €345 k €133,8 k €275,8 k €344,6 k €256,5 k €85,9 k €52,5 k €-60,5 k €137,1 k €132,7 k €83,8 k €47,9 k €20,5 k €
EBITDA-155,3 k €-91,2 k €31,8 k €92,1 k €45,1 k €36,9 k €80,3 k €43,1 k €18,1 k €6,7 k €-7,5 k €87,6 k €94,4 k €5,9 k €12 k €-247,2 k €30,8 k €5,4 k €-24,3 k €-37,7 k €-126,2 k €
Operating result-163,9 k €-106,4 k €18 k €83,8 k €44,4 k €36,9 k €80,5 k €45,4 k €21,1 k €10,8 k €-3,7 k €91,2 k €96,9 k €-2,7 k €-10 k €-256,3 k €18,2 k €-7,1 k €-31,9 k €-45,1 k €-167,9 k €
Net result-193,5 k €-122,1 k €3 k €69,3 k €30,6 k €36,4 k €80,9 k €49,2 k €19,8 k €7,4 k €2,4 k €88,3 k €74,8 k €25,2 k €30,6 k €-302 k €5,6 k €-16,9 k €-37,4 k €-50,6 k €-179,3 k €
Balance sheet
Equity-85,5 k €108 k €230,1 k €227,2 k €157,9 k €127,3 k €90,9 k €10 k €-39,2 k €-58,9 k €-66,3 k €-68,7 k €-157 k €-231,8 k €-257,1 k €-287,6 k €14,3 k €8,7 k €25,6 k €-204,5 k €-154 k €
Total assets403,3 k €660,2 k €739,3 k €750,2 k €639,5 k €531,9 k €463,7 k €454,1 k €393,3 k €374,1 k €576,7 k €1,1 M €843 k €883,5 k €575,7 k €615,6 k €1,1 M €948,8 k €804,5 k €562,4 k €568,9 k €
Cash21,3 k €54,6 k €59,9 k €43,6 k €24,2 k €34,3 k €29,7 k €16,8 k €18,5 k €15,7 k €12,8 k €56,8 k €49,4 k €3,3 k €7,2 k €5 k €21,5 k €86,5 k €36,4 k €18,8 k €6,4 k €
Debts487,8 k €551,7 k €505,8 k €522,9 k €480,4 k €404,6 k €372,8 k €444,1 k €432,4 k €432,4 k €642,5 k €1,2 M €999,4 k €1,1 M €832,1 k €903 k €1,1 M €934,9 k €778,9 k €766,9 k €722,9 k €
Other
Workforce400,1 ETP3,9 ETP3,6 ETP4,0 ETP2,1 ETP6,1 ETP6,1 ETP4,7 ETP1,8 ETP1,0 ETP1,0 ETP1,0 ETP0,5 ETP0,3 ETP2,2 ETP2,2 ETP2,4 ETP3,4 ETP2,8 ETP3,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 14 ended

Active mandates

AG-SOLUTIO

Director · since 05 décembre 2024 · 1015.895.648

Represented by Albert GERON

Active
KURT COLIN CONSULTING BV

Director · since 05 décembre 2024 · 0766.919.216

Represented by Kurt COLIN

Active

Ended mandates

KURT COLIN CONSULTING BV

Director · since 05 décembre 2024 · 0766.919.216

Represented by Kurt COLIN

Ended
E.M.G.E.

Managing director · since 16 juillet 2012 · 0866.135.863

Represented by Marc GERON

Ended
RENE GEORGES

Managing director · since 16 juillet 2012 · until 16 juillet 2016

Ended
RENE GEORGES

Manager · since 16 juillet 2012 · until 16 juillet 2016

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/06/202630/06/202501/07/202412/06/202314/06/202219/06/2021
General meeting12/06/202628/06/202514/06/202409/06/202310/06/202211/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/06/202626/06/2026FrenchPDF
Abridged model31/12/202428/06/202530/06/2025FrenchPDF
Abridged model31/12/202314/06/202401/07/2024FrenchPDF
Abridged model31/12/202209/06/202312/06/2023FrenchPDF
Abridged model31/12/202110/06/202214/06/2022FrenchPDF
Abridged model31/12/202011/06/202119/06/2021FrenchPDF
Abridged model31/12/201912/06/202012/06/2020FrenchPDF
Abridged model31/12/201814/06/201920/06/2019FrenchPDF
Abridged model31/12/201708/06/201811/06/2018FrenchPDF
Abridged model31/12/201609/06/201713/06/2017FrenchPDF
Full model31/12/201527/05/201629/06/2016FrenchPDF
Full model31/12/201412/06/201517/06/2015FrenchPDF
Full model31/12/201313/06/201411/07/2014FrenchPDF
Full model31/12/201214/06/201310/07/2013FrenchPDF
Full model31/12/201108/06/201227/08/2012FrenchPDF
Abridged model31/12/201030/06/201116/08/2011FrenchPDF
Abridged model31/12/200916/07/201016/08/2010FrenchPDF
Abridged model31/12/200827/06/200929/07/2009FrenchPDF
Abridged model31/12/200713/06/200828/08/2008FrenchPDF
Abridged model31/12/200608/06/200729/08/2007FrenchPDF
Abridged modelCorrection31/12/200528/08/200629/08/2007FrenchPDF
Estimate

Indicative valuation

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 · 2 active · 14 ended

Active mandates

AG-SOLUTIO

Director · since 05 décembre 2024 · 1015.895.648

Represented by Albert GERON

Active
KURT COLIN CONSULTING BV

Director · since 05 décembre 2024 · 0766.919.216

Represented by Kurt COLIN

Active

Ended mandates

KURT COLIN CONSULTING BV

Director · since 05 décembre 2024 · 0766.919.216

Represented by Kurt COLIN

Ended
E.M.G.E.

Managing director · since 16 juillet 2012 · 0866.135.863

Represented by Marc GERON

Ended
RENE GEORGES

Managing director · since 16 juillet 2012 · until 16 juillet 2016

Ended
RENE GEORGES

Manager · since 16 juillet 2012 · until 16 juillet 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office24/11/2025
    SIEGE SOCIAL
    PDF
  • Mandates19/12/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/12/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/06/2019
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/01/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/10/2010
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/12/2007
    SIEGE SOCIAL - CAPITAL, ACTIONS - 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

Timeline

  1. 2025
    Annual accounts 2025-193,5 k €
  2. 2024
    Annual accounts 2024-122,1 k €
  3. 2024
    Name changeSWITCH LIGHTING STORE
  4. 2023
    Annual accounts 20233 k €
  5. 2022
    Annual accounts 202269,3 k €
  6. 2021
    Annual accounts 202130,6 k €
  7. 2020
    Annual accounts 202036,4 k €
  8. 2019
    Annual accounts 201980,9 k €
  9. 2018
    Annual accounts 201849,2 k €
  10. 2017
    Annual accounts 201719,8 k €
  11. 2016
    Annual accounts 20167,4 k €
  12. 2015
    Annual accounts 20152,4 k €
  13. 2014
    Annual accounts 201488,3 k €
  14. 2013
    Annual accounts 201374,8 k €
  15. 2012
    Annual accounts 201225,2 k €
  16. 2011
    Annual accounts 201130,6 k €
  17. 2010
    Annual accounts 2010-302 k €
  18. 2009
    Annual accounts 20095,6 k €
  19. 2008
    Annual accounts 2008-16,9 k €
  20. 2007
    Annual accounts 2007-37,4 k €
  21. 2006
    Annual accounts 2006-50,6 k €
  22. 2005
    Annual accounts 2005-179,3 k €
  23. 2005
    Name changeLOGELEC
  24. 20/01/1998
    IncorporationPublic limited company