ACTIVE

A ET S SERTANG

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Financial year 2025 · closed on 31/12/2025

Net result

4,4 k €

+113.2% YoY

Revenue

857,2 k €

+24.9% YoY

Equity

7,8 M €

+0.1% YoY

Workforce

3,9 ETP

+8.3% YoY

What does A ET S SERTANG do?

A ET S SERTANG is a Private limited company incorporated in 1998. Its main activity is: Management consultancy activities. Its registered office is in Wavre. It employs on average 3,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.973.755

Incorporation

23/12/1998

Legal form

Private limited company

Registered office

Chaussée de Namur 250
1300 Wavre · WallonieSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

3,9 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 74700Other professional, scientific and technical activities 81220Other building and industrial cleaning activities 81220Other building and industrial cleaning activities

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ 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
Revenue	857,2 k €	+24.9%	686,4 k €	-17.5%	831,6 k €	-26.1%	1,1 M €	-40.7%	1,9 M €	+7.3%	1,8 M €	+7.8%	1,6 M €	-20.1%	2,1 M €	+8.8%	1,9 M €	+5.0%	1,8 M €	+10.9%	1,6 M €	+4.0%	1,6 M €	+9.4%	1,4 M €	-2.1%	1,5 M €	+18.6%	1,2 M €	+25.1%	982,4 k €	+20.4%	815,9 k €	-9.5%	901,9 k €	+7.8%	836,9 k €	+15.5%	724,3 k €
EBITDA	183,3 k €	+5.7%	173,4 k €	+202%	-170,6 k €	-128%	619,1 k €	+5.5%	586,6 k €	-5.7%	622,1 k €	+37.2%	453,5 k €	-17.4%	549 k €	+56.5%	350,9 k €	+59.5%	220,1 k €	+11.4%	197,6 k €	+15.9%	170,5 k €	-31.1%	247,6 k €	-12.8%	284 k €	+5.9%	268,2 k €	+11.1%	241,4 k €	+56.3%	154,4 k €	-31.2%	224,6 k €	-16.1%	267,8 k €	-8.9%	293,8 k €
Operating result	73,8 k €	+33.7%	55,2 k €	-29.6%	78,4 k €	-69.5%	256,9 k €	-59.1%	628,4 k €	+35.2%	464,7 k €	+46.7%	316,8 k €	-29.2%	447,4 k €	+65.5%	270,4 k €	+81.7%	148,8 k €	+19.6%	124,4 k €	+27.1%	97,9 k €	-43.7%	173,9 k €	-17.5%	210,7 k €	+6.4%	198 k €	-5.4%	209,3 k €	+38.2%	151,4 k €	-31.5%	221,1 k €	-16.5%	264,7 k €	-9.2%	291,6 k €
Net result	4,4 k €	+113%	-33,6 k €	+93.2%	-496,7 k €	-32361%	1,5 k €	-97.5%	60,4 k €	-45.5%	111 k €	+1404%	7,4 k €	-69.0%	23,8 k €	-38.1%	38,4 k €	-1.2%	38,8 k €	+7.2%	36,2 k €	+73.0%	20,9 k €	-68.8%	67,2 k €	-97.0%	2,3 M €	+9223%	24,3 k €	-43.2%	42,7 k €	-99.1%	4,7 M €	+6368%	73,1 k €	-33.5%	109,9 k €	-35.9%	171,6 k €
Balance sheet
Equity	7,8 M €	+0.1%	7,8 M €	-0.4%	7,8 M €	-6.0%	8,3 M €	+0.0%	8,3 M €	+0.7%	8,2 M €	+1.4%	8,1 M €	+0.1%	8,1 M €	+0.3%	8,1 M €	+0.5%	8 M €	+0.5%	8 M €	+0.5%	8 M €	+0.3%	8 M €	+0.9%	7,9 M €	+40.3%	5,6 M €	+0.7%	5,6 M €	+0.8%	5,5 M €	+582%	812,3 k €	+9.9%	739,2 k €	+17.5%	629,3 k €
Total assets	11,8 M €	-0.3%	11,8 M €	-9.5%	13,1 M €	+1.6%	12,9 M €	+16.3%	11,1 M €	-0.6%	11,1 M €	+4.1%	10,7 M €	+4.9%	10,2 M €	+2.7%	9,9 M €	-0.0%	9,9 M €	-3.4%	10,3 M €	+6.7%	9,7 M €	-0.4%	9,7 M €	-24.4%	12,8 M €	+22.1%	10,5 M €	+6.2%	9,9 M €	+19.7%	8,3 M €	+279%	2,2 M €	-3.6%	2,3 M €	+2.2%	2,2 M €
Cash	83,1 k €	+89.8%	43,8 k €	-53.3%	93,8 k €	-50.1%	187,7 k €	+238%	55,6 k €	+199%	18,6 k €	-41.7%	31,9 k €	+156%	12,5 k €	-76.0%	52,1 k €	+196%	17,6 k €	-68.8%	56,4 k €	+424%	10,8 k €	-66.2%	31,9 k €	-20.1%	39,9 k €	-68.1%	125,1 k €	+4042%	3 k €	-94.2%	52,5 k €	+481%	9 k €	-80.4%	46 k €	-13.5%	53,2 k €
Debts	4 M €	-0.8%	4,1 M €	-22.7%	5,2 M €	+24.6%	4,2 M €	+60.4%	2,6 M €	+2.9%	2,6 M €	+8.6%	2,3 M €	+24.6%	1,9 M €	+18.1%	1,6 M €	-9.8%	1,8 M €	-22.7%	2,3 M €	+36.0%	1,7 M €	-3.4%	1,7 M €	-64.6%	4,9 M €	+1.0%	4,9 M €	+13.3%	4,3 M €	+60.0%	2,7 M €	+99.5%	1,3 M €	-10.0%	1,5 M €	-4.7%	1,6 M €
Other
Workforce	3,9 ETP	+8.3%	3,6 ETP	+16.1%	3,1 ETP	-32.6%	4,6 ETP	-59.6%	11,4 ETP	+16.3%	9,8 ETP	-3.9%	10,2 ETP	-20.3%	12,8 ETP	+10.3%	11,6 ETP	-3.3%	12,0 ETP	0.0%	12,0 ETP	+8.1%	11,1 ETP	+15.6%	9,6 ETP	+10.3%	8,7 ETP	+1.2%	8,6 ETP	-1.1%	8,7 ETP	+31.8%	6,6 ETP	0.0%	6,6 ETP	+17.9%	5,6 ETP	+3.7%	5,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

Annick GINION

Director · since 01 juillet 2022

Active

Stéphane SERTANG

Director · since 01 juillet 2022

Active

Ended mandates

Annick GINION

Manager · since 01 juillet 2022

Ended

Stéphane SERTANG

Manager · since 01 juillet 2022

Ended

Annick GINION

Manager · since 30 juin 2016 · until 30 juin 2022

Ended

Annick GINION

Manager · since 30 juin 2016 · until 15 juillet 2022

Ended

At this address

Other companies at this address

Company	CBE no.
FRANCORCHAMPS MOTORS BRUSSELS● Active	0644.833.927
GESTRAN IMMO● Active	0475.849.732
Ginion Wavre Real Estate● Active	0840.116.307
NIVEST● Active	0738.935.904
Wavre Nord Real Estate● Active	0789.815.273

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	23/07/2026	28/07/2025	11/07/2024	26/07/2023	28/07/2022	16/07/2021
General meeting	17/07/2026	14/07/2025	27/06/2024	27/06/2023	15/07/2022	25/06/2021
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

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Filings

Annual accounts filings

35 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	17/07/2026	23/07/2026	French	PDF
Full model	31/12/2024	14/07/2025	28/07/2025	French	PDF
Full model	31/12/2023	27/06/2024	11/07/2024	French	PDF
Full model	31/12/2022	27/06/2023	26/07/2023	French	PDF
Full model	31/12/2021	15/07/2022	28/07/2022	French	PDF
Full model	31/12/2020	25/06/2021	16/07/2021	French	PDF
m120-f-p	31/12/2020	05/07/2021	14/07/2021	French	PDF
Full model	31/12/2019	26/06/2020	06/07/2020	French	PDF
m120-f-p	31/12/2019	26/06/2020	07/07/2020	French	PDF
Full model	31/12/2018	28/06/2019	01/07/2019	French	PDF
m120-f-p	31/12/2018	28/06/2019	02/07/2019	French	PDF
Full model	31/12/2017	29/06/2018	04/07/2018	French	PDF
m120-f-p	31/12/2017	29/06/2018	09/07/2018	French	PDF
Full model	31/12/2016	30/06/2017	06/07/2017	French	PDF
m120-f-p	31/12/2016	30/06/2017	04/07/2017	French	PDF
Full model	31/12/2015	30/06/2016	20/07/2016	French	PDF
m120-f-p	31/12/2015	30/06/2016	06/07/2016	French	PDF
Full model	31/12/2014	29/06/2015	14/07/2015	French	PDF
m120-f-p	31/12/2014	29/06/2015	14/07/2015	French	PDF
Full model	31/12/2013	30/06/2014	08/07/2014	French	PDF
m120-f-p	31/12/2013	30/06/2014	18/07/2014	French	PDF
Full model	31/12/2012	28/06/2013	01/07/2013	French	PDF
m120-f-p	31/12/2012	28/06/2013	08/07/2013	French	PDF
Full model	31/12/2011	22/06/2012	26/06/2012	French	PDF

View all 35 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 2 active · 16 ended

Active mandates

Annick GINION

Director · since 01 juillet 2022

Active

Stéphane SERTANG

Director · since 01 juillet 2022

Active

Ended mandates

Annick GINION

Manager · since 01 juillet 2022

Ended

Stéphane SERTANG

Manager · since 01 juillet 2022

Ended

Annick GINION

Manager · since 30 juin 2016 · until 30 juin 2022

Ended

Annick GINION

Manager · since 30 juin 2016 · until 15 juillet 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/02/2024
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates06/02/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates09/09/2022
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates08/07/2020
DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
PDF
Mandates03/02/2017
DEMISSIONS, NOMINATIONS
PDF
Registered office19/01/2016
SIEGE SOCIAL
PDF
Mandates22/07/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates28/06/2011
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 20254,4 k €↑
2024
Annual accounts 2024-33,6 k €↑
2023
Annual accounts 2023-496,7 k €↓
2022
Annual accounts 20221,5 k €↓
2021
Annual accounts 202160,4 k €↓
2020
Annual accounts 2020111 k €↑
2019
Annual accounts 20197,4 k €↓
2018
Annual accounts 201823,8 k €↓
2017
Annual accounts 201738,4 k €↓
2016
Annual accounts 201638,8 k €↑
2015
Annual accounts 201536,2 k €↑
2014
Annual accounts 201420,9 k €↓
2013
Annual accounts 201367,2 k €↓
2012
Annual accounts 20122,3 M €↑
2011
Annual accounts 201124,3 k €↓
2010
Annual accounts 201042,7 k €↓
2009
Annual accounts 20094,7 M €↑
2008
Annual accounts 200873,1 k €↓
2007
Annual accounts 2007109,9 k €↓
2006
Annual accounts 2006171,6 k €
23/12/1998
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

A ET S SERTANG

Overview

What does A ET S SERTANG 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