ACTIVE

SART-TILMAN PROPERTIES

Financial year 2025 · Closed on 31/12/2025

Net result-3,1 k €-152,7 %over 1 year
Gross margin2,2 k €+139,6 %over 1 year
Equity73,7 k €-4,0 %over 1 year

Identity

Source · BCE/KBO

SART-TILMAN PROPERTIES is a Public limited company incorporated in 2020. Its main activity is: Development of building projects. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0757.717.874
Incorporation
02/11/2020
Legal form
Public limited company
Registered office
Boulevard d'Avroy 19
4000 Liège · WallonieSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin2,2 k €-5,7 k €1,6 M €67,2 k €66,4 k €
EBITDA-407,1 €-6,6 k €1,6 M €66,9 k €65,5 k €
Operating result-407,1 €-6,6 k €1,6 M €66,9 k €65,5 k €
Net result-3,1 k €5,9 k €1,2 M €-4,7 k €-34,1 k €
Balance sheet
Equity73,7 k €76,8 k €71 k €22,7 k €27,4 k €
Total assets2,2 M €76,8 k €1,3 M €12,7 M €5,5 M €
Cash48,9 k €75,1 k €531,3 k €2,8 M €1,1 M €
Debts2,1 M €0 €1,2 M €12,6 M €5,5 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 6 ended

Active mandates

FEDERALE ASSURANCE

Managing director · since 04 avril 2025 · until 04 avril 2031 · 0403.274.332

Represented by André-François LOVINFOSSE

Active
Evelyn DEMARCHE

Director · since 02 novembre 2020 · until 02 novembre 2026

Active
G4 FINANCE

Managing director · since 02 novembre 2020 · until 02 novembre 2026 · 0720.811.849

Represented by Gilles-Olivier MOURY

Active
Jean-Marie BACKES

Director · since 02 novembre 2020 · until 02 novembre 2026

Active
SOCIETE LIEGEOISE DE CONSTRUCTION SOLICO

Managing director · since 02 novembre 2020 · until 02 novembre 2026 · 0404.237.107

Active
TRUDO SMEESTERS

Director · since 02 novembre 2020 · until 02 novembre 2026

Active

Ended mandates

FEDERALE Real Estate

Managing director · since 02 novembre 2020 · until 02 novembre 2026 · 0403.353.120

Represented by Patrick VERRAES

Ended
FEDERALE Real Estate

Managing director · since 02 novembre 2020 · until 02 novembre 2026 · 0403.353.120

Represented by Amir OMID

Ended
G4 FINANCE

Managing director · since 02 novembre 2020 · until 02 novembre 2026 · 0720.811.849

Represented by Christelle GOFFIN

Ended
Jean-Christophe SINCLAIR

Managing director · since 02 novembre 2020 · until 02 novembre 2026

Ended

Other companies at this address

Boulevard d'Avroy 19 4000 Liège
CompanyCBE no.
0887.926.617
0416.257.484
0862.051.569
Elde● Active
0406.164.536
IMMODEM● Active
0436.660.445
0404.420.813
0404.237.107

Full financial information

Source · NBB
20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202202/11/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months14 months
Filing date23/06/202623/07/202523/08/202422/06/202306/07/2022
General meeting23/06/202612/06/202513/06/202408/06/202309/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202523/06/202623/06/2026FrenchPDF
Abridged model31/12/202412/06/202523/07/2025FrenchPDF
Abridged model31/12/202313/06/202423/08/2024FrenchPDF
Abridged model31/12/202208/06/202322/06/2023FrenchPDF
Abridged model31/12/202109/06/202206/07/2022FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 6 ended

Active mandates

FEDERALE ASSURANCE

Managing director · since 04 avril 2025 · until 04 avril 2031 · 0403.274.332

Represented by André-François LOVINFOSSE

Active
Evelyn DEMARCHE

Director · since 02 novembre 2020 · until 02 novembre 2026

Active
G4 FINANCE

Managing director · since 02 novembre 2020 · until 02 novembre 2026 · 0720.811.849

Represented by Gilles-Olivier MOURY

Active
Jean-Marie BACKES

Director · since 02 novembre 2020 · until 02 novembre 2026

Active
SOCIETE LIEGEOISE DE CONSTRUCTION SOLICO

Managing director · since 02 novembre 2020 · until 02 novembre 2026 · 0404.237.107

Active
TRUDO SMEESTERS

Director · since 02 novembre 2020 · until 02 novembre 2026

Active

Ended mandates

FEDERALE Real Estate

Managing director · since 02 novembre 2020 · until 02 novembre 2026 · 0403.353.120

Represented by Patrick VERRAES

Ended
FEDERALE Real Estate

Managing director · since 02 novembre 2020 · until 02 novembre 2026 · 0403.353.120

Represented by Amir OMID

Ended
G4 FINANCE

Managing director · since 02 novembre 2020 · until 02 novembre 2026 · 0720.811.849

Represented by Christelle GOFFIN

Ended
Jean-Christophe SINCLAIR

Managing director · since 02 novembre 2020 · until 02 novembre 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates14/07/2026
    DIVERS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/05/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other12/11/2020
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025-3,1 k €↓
  2. 2024
    Annual accounts 20245,9 k €↓
  3. 2023
    Annual accounts 20231,2 M €↑
  4. 2022
    Annual accounts 2022-4,7 k €↑
  5. 2021
    Annual accounts 2021-34,1 k €
  6. 02/11/2020
    IncorporationPublic limited company