ACTIVE

SETLE

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Financial year 2025 · closed on 31/12/2025
Net result
-1,1 M €
-48.9% YoY
Gross margin
36,9 k €
-81.9% YoY
Equity
1,3 M €
+40.6% YoY
Workforce
4,8 ETP
-26.2% YoY

What does SETLE do?

SETLE is a Private limited company incorporated in 2016. Its main activity is: Real estate agencies. Its registered office is in Zonhoven. It employs on average 4,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0666.412.269
Incorporation
16/11/2016
Legal form
Private limited company
Registered office
Wijerstraat 4
3520 Zonhoven · FlandreSee on map
Contributed capital
4 757 080,43 €
Latest accounts
31/12/2025
Average workforce
4,8 ETP
Activities (NACE)
68310Real estate agencies· main68311Real estate agencies70200Management consultancy activities70220Business and other management consultancy activities
Joint committees (2)
  • 200
  • 20000
Contacts
2 public details availableLog in to view
Signals
Solid equityGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin36,9 k €204 k €2 k €-116,4 k €195,5 k €24,5 k €67,8 k €12 k €-4,4 k €
EBITDA-347,5 k €-233,9 k €-403,3 k €-337,9 k €75,9 k €-38,5 k €-6,4 k €-157,6 €-8,1 k €
Operating result-1,1 M €-750 k €-753,3 k €-534,5 k €-20,3 k €-77,5 k €-7,7 k €-1,2 k €-8,7 k €
Net result-1,1 M €-764 k €-771,6 k €-550,2 k €-16,1 k €-82,3 k €-9,5 k €-1,2 k €-8,9 k €
Balance sheet
Equity1,3 M €892,8 k €656,8 k €338,8 k €138,9 k €55 k €37,3 k €19,8 k €21,1 k €
Total assets1,8 M €1,7 M €1,5 M €907,2 k €461,2 k €296,4 k €142,4 k €56,5 k €28,6 k €
Cash394,1 k €281,6 k €443,8 k €304,1 k €115,1 k €96,6 k €–18,6 k €23,1 k €
Debts385,5 k €655,9 k €580,9 k €568,5 k €322,3 k €241,4 k €105 k €36,6 k €7,6 k €
Other
Workforce4,8 ETP6,5 ETP6,0 ETP––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 8 ended

Active mandates

DEWIRA

Director · since 01 janvier 2025 · until 01 janvier 2030 · 0437.043.002

Represented by Bart De Witte

Active
DONUM

Director · since 01 janvier 2025 · until 01 janvier 2030 · 0450.899.253

Represented by Jan Maurissen

Active
Michael Gabriels

Director · since 01 janvier 2025 · until 01 janvier 2030

Active
Wim VAN HELLEMONT

Director · since 30 mars 2023

Active

Ended mandates

Michael GABRIËLS

Director · since 01 janvier 2025

Ended
Karin Van Hoecke

Director · since 30 mars 2023 · until 01 janvier 2025

Ended
Karin Van Hoecke

Director · since 30 mars 2023

Ended
DEWIRA

Director · since 01 avril 2020 · 0437.043.002

Represented by Bart De Witte

Ended
At this address

Other companies at this address

CompanyCBE no.
DE WITTE & Co● Active
0450.540.254
VENDOMI● Active
0694.735.279
WEBFLUX● Active
0676.427.916
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro 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 date16/07/202626/07/202529/07/202420/06/202307/07/202223/08/2021
General meeting19/06/202603/07/202519/07/202402/06/202303/06/202204/06/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202616/07/2026DutchPDF
Abridged model31/12/202403/07/202526/07/2025DutchPDF
Abridged model31/12/202319/07/202429/07/2024DutchPDF
Micro model31/12/202202/06/202320/06/2023DutchPDF
Micro model31/12/202103/06/202207/07/2022DutchPDF
Micro model31/12/202004/06/202123/08/2021DutchPDF
Micro model31/12/201905/06/202031/08/2020DutchPDF
Micro model31/12/201807/06/201907/08/2019DutchPDF
Micro model31/12/201701/06/201826/06/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 4 active · 8 ended

Active mandates

DEWIRA

Director · since 01 janvier 2025 · until 01 janvier 2030 · 0437.043.002

Represented by Bart De Witte

Active
DONUM

Director · since 01 janvier 2025 · until 01 janvier 2030 · 0450.899.253

Represented by Jan Maurissen

Active
Michael Gabriels

Director · since 01 janvier 2025 · until 01 janvier 2030

Active
Wim VAN HELLEMONT

Director · since 30 mars 2023

Active

Ended mandates

Michael GABRIËLS

Director · since 01 janvier 2025

Ended
Karin Van Hoecke

Director · since 30 mars 2023 · until 01 janvier 2025

Ended
Karin Van Hoecke

Director · since 30 mars 2023

Ended
DEWIRA

Director · since 01 avril 2020 · 0437.043.002

Represented by Bart De Witte

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares17/03/2025
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares22/11/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Capital / shares05/08/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Mandates19/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares05/12/2023
    KAPITAAL - AANDELEN
    PDF
  • Mandates05/04/2023
    DIVERSEN - KAPITAAL - AANDELEN - 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

Timeline

  1. 2025
    Annual accounts 2025-1,1 M €↓
  2. 2024
    Annual accounts 2024-764 k €↑
  3. 2023
    Annual accounts 2023-771,6 k €↓
  4. 2022
    Annual accounts 2022-550,2 k €↓
  5. 2021
    Annual accounts 2021-16,1 k €↑
  6. 2020
    Annual accounts 2020-82,3 k €↓
  7. 2019
    Annual accounts 2019-9,5 k €↓
  8. 2018
    Annual accounts 2018-1,2 k €↑
  9. 2017
    Annual accounts 2017-8,9 k €
  10. 16/11/2016
    IncorporationPrivate limited company