ACTIVE

Special Coatings International

Financial year 2025 · Closed on 30/11/2025

Net result5,1 k €-69,1 %over 1 year
Gross margin172,9 k €-9,9 %over 1 year
Equity318,3 k €+1,6 %over 1 year

Identity

Source · BCE/KBO

Special Coatings International is a Private limited company incorporated in 2015. Its main activity is: Manufacture of paints, varnishes and similar coatings, printing ink and mastics. Its registered office is in Kapellen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0639.966.705
Incorporation
06/10/2015
Legal form
Private limited company
Registered office
Energielaan 16
2950 Kapellen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/11/2025
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 9 filings

Trend over 9 financial years

20252024202320222021
Income statement
Gross margin172,9 k €191,9 k €265,4 k €302 k €360,7 k €
EBITDA54,1 k €79,9 k €163,8 k €182 k €255 k €
Operating result20,7 k €39,1 k €104,2 k €140,7 k €95,5 k €
Net result5,1 k €16,4 k €55,3 k €101,6 k €64 k €
Balance sheet
Equity318,3 k €313,2 k €296,9 k €241,5 k €169,9 k €
Total assets588,1 k €607,6 k €614,7 k €755,9 k €615,5 k €
Cash92,1 k €74 k €162,6 k €147,2 k €102 k €
Debts269,8 k €289,7 k €313,6 k €510,1 k €442,2 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/11/2025

2 active · 2 ended

Active mandates

Carol Sultson

Director

Active
Frank Van Raemdonck

Director

Active

Ended mandates

Carol Sultson

Manager

Ended
Frank Van Raemdonck

Manager

Ended

Other companies at this address

Energielaan 16 2950 Kapellen
CompanyCBE no.
AGRIVISION● Active
0554.953.232
CAPITALX● Active
1032.380.995
Immofactory● Active
0673.581.262
MANTRACO● Active
0534.806.332
PPC Europe● Active
1014.220.815
SCHELDE - NATIE● Active
0404.795.549
0675.491.568
Smart Buildings● Active
0721.821.540

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/12/202401/12/202301/12/202201/12/202101/12/202001/12/2019
Closing of the financial year30/11/202530/11/202430/11/202330/11/202230/11/202130/11/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202630/06/202525/06/202412/06/202327/06/202217/06/2021
General meeting31/05/202631/05/202531/05/202426/05/202322/06/202220/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/11/202531/05/202629/06/2026DutchPDF
Abridged model30/11/202431/05/202530/06/2025DutchPDF
Abridged model30/11/202331/05/202425/06/2024DutchPDF
Abridged model30/11/202226/05/202312/06/2023DutchPDF
Abridged model30/11/202122/06/202227/06/2022DutchPDF
Micro model30/11/202020/05/202117/06/2021DutchPDF
Micro model30/11/201929/06/202013/07/2020DutchPDF
Micro model30/11/201816/05/201901/07/2019DutchPDF
Micro model31/12/201618/08/201728/08/2017DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Board of directors

Source · NBB, accounts to 30/11/2025

2 active · 2 ended

Active mandates

Carol Sultson

Director

Active
Frank Van Raemdonck

Director

Active

Ended mandates

Carol Sultson

Manager

Ended
Frank Van Raemdonck

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other21/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Other23/01/2018
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office28/07/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other08/10/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 20255,1 k €↓
  2. 2024
    Annual accounts 202416,4 k €↓
  3. 2023
    Annual accounts 202355,3 k €↓
  4. 2022
    Annual accounts 2022101,6 k €↑
  5. 2021
    Annual accounts 202164 k €↑
  6. 2020
    Annual accounts 202027,1 k €↓
  7. 2019
    Annual accounts 201940,8 k €↑
  8. 2018
    Annual accounts 201830,4 k €↓
  9. 2016
    Annual accounts 201659,8 k €
  10. 06/10/2015
    IncorporationPrivate limited company