ACTIVE

Specialized Belgium Distribution

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result-448,1 k €+22,9 %over 1 year
Gross margin2,2 M €+3,3 %over 1 year
Equity2,2 M €+295,5 %over 1 year
Workforce19,5 ETP+1,6 %over 1 year

Identity

Source · BCE/KBO

Specialized Belgium Distribution is a Private limited company incorporated in 2021. Its main activity is: Wholesale of other household goods. Its registered office is in Geraardsbergen. It employs on average 19,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0779.540.104
Incorporation
30/12/2021
Legal form
Private limited company
Registered office
Astridlaan(Ove) 156
9500 Geraardsbergen · FlandreSee on map
Contributed capital
3 950 000,00 €
Latest accounts
31/12/2025
Average workforce
19,5 ETP
Joint committees (2)
  • 149
  • 201
Contacts
2 public details availableLog in to view
Signals
Positive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 5 filings

Trend over 4 financial years

2025202420232022
Income statement
Gross margin2,2 M €2,2 M €1,8 M €112,7 k €
EBITDA588,5 k €659,4 k €459,6 k €-290,7 k €
Operating result60,1 k €18,8 k €45,6 k €-310,2 k €
Net result-448,1 k €-580,8 k €-386,1 k €-383,6 k €
Balance sheet
Equity2,2 M €-1,1 M €-519,6 k €-133,6 k €
Total assets10,2 M €11,4 M €11,6 M €8,5 M €
Cash498,5 k €845,5 k €1,1 M €770,5 k €
Debts8 M €12,5 M €12,1 M €8,6 M €
Other
Workforce19,5 ETP19,2 ETP14,0 ETP4,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 6 ended

Active mandates

Peter Kerle

Director · since 17 février 2025

Active
Martin Wyrsch

Director · since 30 septembre 2024

Active
Bas Gilling

Director · since 10 janvier 2022

Active
Joseph Tiller

Director · since 30 décembre 2021 · until 14 février 2025

Active

Ended mandates

Bas Giling

bestuurder · since 10 janvier 2022

Ended
Frank Nicoud

bestuurder · since 01 janvier 2022

Ended
Joseph Tiller

bestuurder · since 01 janvier 2022

Ended
Frank Nicoud

Director · since 30 décembre 2021 · until 30 septembre 2024

Ended

Other companies at this address

Astridlaan(Ove) 156 9500 Geraardsbergen
CompanyCBE no.
COLOR MONKEY● Active
0739.518.892
S-BIKES● Active
0564.772.701

Full financial information

Source · NBB
2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202330/12/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months13 months
Filing date25/08/202605/01/202614/10/202517/10/2024
General meeting30/07/202630/12/202501/10/202514/10/2024
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/07/202625/08/2026DutchPDF
Abridged model31/12/202430/12/202505/01/2026DutchPDF
Abridged model31/12/202301/10/202514/10/2025DutchPDF
Abridged modelCorrection31/12/202214/10/202417/10/2024DutchPDF
Abridged model31/12/202202/08/202329/12/2023DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 6 ended

Active mandates

Peter Kerle

Director · since 17 février 2025

Active
Martin Wyrsch

Director · since 30 septembre 2024

Active
Bas Gilling

Director · since 10 janvier 2022

Active
Joseph Tiller

Director · since 30 décembre 2021 · until 14 février 2025

Active

Ended mandates

Bas Giling

bestuurder · since 10 janvier 2022

Ended
Frank Nicoud

bestuurder · since 01 janvier 2022

Ended
Joseph Tiller

bestuurder · since 01 janvier 2022

Ended
Frank Nicoud

Director · since 30 décembre 2021 · until 30 septembre 2024

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares22/12/2025
    KAPITAAL - AANDELEN
    PDF
  • Other21/11/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates18/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office15/09/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring25/01/2023
    DOEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring28/11/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates05/08/2022
    ONTSLAGEN - BENOEMINGEN
    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 2025-448,1 k €↑
  2. 2024
    Annual accounts 2024-580,8 k €↓
  3. 2023
    Annual accounts 2023-386,1 k €↓
  4. 2022
    Annual accounts 2022-383,6 k €
  5. 30/12/2021
    IncorporationPrivate limited company