SITAC EUROPE
0751.645.872 · rovalta.com · 25/09/2026
SITAC EUROPE
Financial year 2024 · Closed on 31/12/2024
Overview
Identity
Source · BCE/KBOSITAC EUROPE is a Public limited company incorporated in 2020. Its main activity is: Manufacture of furniture. Its registered office is in Hasselt. It employs on average 12,2 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0751.645.872
- Incorporation
- 30/07/2020
- Legal form
- Public limited company
- Registered office
- Ekkelgaarden 6 A
3500 Hasselt · FlandreSee on map - Contributed capital
- 500 000,00 €
- Latest accounts
- 31/12/2024
- Average workforce
- 12,2 ETP
Joint committees (1)
- 126
Financials
Source · NBB, 4 filingsTrend over 4 financial years
| 2024 | 2023 | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Gross margin | 584,3 k € | +665% | -103,4 k € | -121% | 501,4 k € | – | |
| EBITDA | -578,7 k € | +28.0% | -803,8 k € | -2704% | -28,7 k € | -110% | 281,3 k € |
| Operating result | -603,2 k € | +26.8% | -824,4 k € | -1587% | -48,9 k € | -120% | 247,2 k € |
| Net result | -698,5 k € | +24.0% | -918,5 k € | -428% | -173,9 k € | -1355% | 13,9 k € |
| Balance sheet | |||||||
| Equity | -1,3 M € | -121% | -578,6 k € | -270% | 339,9 k € | -33.8% | 513,9 k € |
| Total assets | 1 M € | +20.3% | 857,9 k € | -12.6% | 981,3 k € | -7.4% | 1,1 M € |
| Cash | 25,6 k € | – | 121,4 k € | -14.5% | 141,9 k € | ||
| Debts | 2,3 M € | +59.8% | 1,4 M € | +144% | 588,1 k € | +8.3% | 543,2 k € |
| Other | |||||||
| Workforce | 12,2 ETP | +35.6% | 9,0 ETP | +2.3% | 8,8 ETP | -14.6% | 10,3 ETP |
Board of directors
Source · NBB, accounts to 31/12/2024Other companies at this address
Ekkelgaarden 6 A 3500 Hasselt| Company | CBE no. |
|---|---|
CORRE● Active | 0421.847.456 |
GEACOR● Active | 1007.001.837 |
RECOR BEDDING EUROPE● Active | 1002.848.455 |
SAREZE● Active | 0839.374.454 |
SITAL INVEST● Active | 0803.173.460 |
SOFABED EUROPE● Active | 0725.426.871 |
Financials
Full financial information
Source · NBB| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Full model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 29/07/2020 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 |
| Length of the financial year | 12 months | 12 months | 12 months | 18 months |
| Filing date | 08/09/2025 | 18/07/2024 | 31/07/2023 | 29/06/2022 |
| General meeting | 11/07/2025 | 31/05/2024 | 05/06/2023 | 27/05/2022 |
| Currency of the financial year | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 4 filingsValuation
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.
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/2024Ownership and network
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Similar companies
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A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 2024-698,5 k €↑
- 2023Annual accounts 2023-918,5 k €↓
- 2023Name changeSitac Europe
- 2022Annual accounts 2022-173,9 k €↓
- 2021Annual accounts 202113,9 k €
- 2021Name changeSITAC
- 30/07/2020IncorporationPublic limited company