ACTIVE

SETIM

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Financial year 2024 · Closed on 31/12/2024

Net result498 k €+11,7 %over 1 year

Gross margin1,7 M €-0,3 %over 1 year

Equity902,3 k €-0,2 %over 1 year

Workforce7,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

SETIM is a Private limited company incorporated in 2001. Its main activity is: Operation of gravel and sand pits; mining of clays and kaolin. Its registered office is in Attert. It employs on average 7,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0474.307.036
Incorporation: 27/03/2001
Legal form: Private limited company
Registered office: Au Village,Tontelange 2
6717 Attert · WallonieSee on map
Contributed capital: 375 000,00 €
Latest accounts: 31/12/2024
Average workforce: 7,0 ETP

Activities (NACE)

08121Operation of gravel and sand pits; mining of clays and kaolin· main 08121Operation of gravel and sand pits; mining of clays and kaolin 08122Operation of gravel and sand pits; mining of clays and kaolin 08122Operation of gravel and sand pits; mining of clays and kaolin 14211Manufacture of articles of fur 14212Manufacture of articles of fur+3

Joint committees (3)

10205
200
218

Contacts

1 public detail availableLog in to view

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2024		2023		2022		2021		2020
Income statement
Gross margin	1,7 M €	-0.3%	1,7 M €	+5.7%	1,6 M €	+10.6%	1,5 M €	+58.4%	916,1 k €
EBITDA	1,3 M €	-1.2%	1,3 M €	+5.2%	1,2 M €	+15.7%	1 M €	+76.1%	595,6 k €
Operating result	655,3 k €	+7.9%	607,3 k €	+28.1%	474 k €	+3.1%	459,8 k €	+1015%	41,2 k €
Net result	498 k €	+11.7%	445,9 k €	+28.8%	346,2 k €	-13.0%	398,1 k €	+1670%	22,5 k €
Balance sheet
Equity	902,3 k €	-0.2%	904,3 k €	+19.2%	758,4 k €	-0.5%	762,1 k €	+19.3%	639 k €
Total assets	3,3 M €	-0.3%	3,3 M €	-8.8%	3,6 M €	-6.4%	3,9 M €	+37.3%	2,8 M €
Cash	434,3 k €	+73.4%	250,4 k €	+66.0%	150,8 k €	-36.8%	238,6 k €	+0.5%	237,3 k €
Debts	2,4 M €	-0.4%	2,4 M €	-16.2%	2,9 M €	-8.0%	3,1 M €	+42.5%	2,2 M €
Other
Workforce	7,0 ETP	0.0%	7,0 ETP	-2.8%	7,2 ETP	-1.4%	7,3 ETP	+19.7%	6,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
RECYFINA SARepresented by Franck SERTIC	Directorsince 01/01/2019

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Roland METZLER	Director19/01/2010 → 01/05/2010
Jean-Pierre BERNARD	Director23/05/2008 → 2009 accounts
Franck Sertic	Director25/05/2007 → 2011 accounts

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	23/07/2025	08/08/2024	31/08/2023	25/08/2022	23/08/2021	18/09/2020
General meeting	19/07/2025	05/08/2024	29/08/2023	09/08/2022	28/05/2021	21/08/2020
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	19/07/2025	23/07/2025	French	PDF
Abridged model	31/12/2023	05/08/2024	08/08/2024	French	PDF
Abridged model	31/12/2022	29/08/2023	31/08/2023	French	PDF
Abridged model	31/12/2021	09/08/2022	25/08/2022	French	PDF
Abridged model	31/12/2020	28/05/2021	23/08/2021	French	PDF
Abridged model	31/12/2019	21/08/2020	18/09/2020	French	PDF
Abridged model	31/12/2018	24/05/2019	21/08/2019	French	PDF
Abridged model	31/12/2017	25/05/2018	07/08/2018	French	PDF
Abridged model	31/12/2016	26/05/2017	31/07/2017	French	PDF
Abridged model	31/12/2015	27/05/2016	25/08/2016	French	PDF
Abridged model	31/12/2014	22/05/2015	19/06/2015	French	PDF
Abridged model	31/12/2013	23/05/2014	26/08/2014	French	PDF
Abridged model	31/12/2012	24/05/2013	24/06/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	30/07/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	18/07/2011	French	PDF
Full model	31/12/2009	08/03/2010	06/07/2010	French	PDF
Full model	31/12/2008	22/05/2009	14/07/2009	French	PDF
Full model	31/12/2007	23/05/2008	24/06/2008	French	PDF
Full model	31/12/2006	25/05/2007	29/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
RECYFINA SARepresented by Franck SERTIC	Directorsince 01/01/2019

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Roland METZLER	Director19/01/2010 → 01/05/2010
Jean-Pierre BERNARD	Director23/05/2008 → 2009 accounts
Franck Sertic	Director25/05/2007 → 2011 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates13/10/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates14/11/2019
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Other14/01/2014
JON Modifications statutaires
PDF
Mandates20/10/2010
DEMISSIONS, NOMINATIONS
PDF
Mandates12/02/2010
DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates20/10/2008
NOMINATIONS
PDF
Mandates13/07/2005
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

RECYFINA SA

Roland METZLER

Jean-Pierre BERNARD

François Sertic

Franck Sertic

Léopold HANOUL

RAYMOND CALOZET

20012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

SETIMSETIM TONTELANGE

Au Village,Tontelange 2, 6717 Attert

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Au Village,Tontelange 2, 6717 AttertCurrent	accounts 2021 → 2024	Accounts 2024 · 2025-00297309

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
SETIMCurrent	accounts 2009 → 2024	Accounts 2024 · 2025-00297309
SETIM TONTELANGE	accounts 2006 → 2008	Accounts 2008 · 2009-42200384

Events

2024
Annual accounts 2024498 k €↑
2023
Annual accounts 2023445,9 k €↑
2022
Annual accounts 2022346,2 k €↓
2021
Annual accounts 2021398,1 k €↑
2020
Annual accounts 202022,5 k €↓
2019
Annual accounts 201960 k €↑
2018
Annual accounts 20189,3 k €↓
2017
Annual accounts 201719,2 k €↓
2016
Annual accounts 201636,2 k €↓
2015
Annual accounts 2015139,6 k €↑
2014
Annual accounts 2014119,1 k €↑
2013
Annual accounts 201326 k €↓
2012
Annual accounts 201234,1 k €↓
2011
Annual accounts 2011102 k €↑
2010
Annual accounts 2010-233,6 k €↓
2009
Annual accounts 2009-120,7 k €↓
2009
Name changeSETIM
2008
Annual accounts 2008-22 k €↓
2007
Annual accounts 2007153,9 k €↑
2006
Annual accounts 2006119,8 k €
27/03/2001
IncorporationPrivate limited company

SETIM

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events