ACTIVE

SG Systems

Financial year 2024 · closed on 31/12/2024
Net result
57,5 k €
+13.5% YoY
Gross margin
390,3 k €
+33.1% YoY
Equity
375,7 k €
+17.7% YoY
Workforce
4,0 ETP

What does SG Systems do?

SG Systems is a Private limited company incorporated in 2011. Its main activity is: Electrical installation. Its registered office is in Aalter. It employs on average 4,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0834.209.007
Incorporation
02/03/2011
Legal form
Private limited company
Registered office
Eendekooi 20
9880 Aalter · FlandreSee on map
Contributed capital
450,00 €
Latest accounts
31/12/2024
Average workforce
4,0 ETP
Joint committees (1)
  • 14901
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20242023202220212020
Income statement
Gross margin390,3 k €293,2 k €239,8 k €174,8 k €212,9 k €
EBITDA103,1 k €82 k €70,4 k €73,3 k €113,2 k €
Operating result81,8 k €73,6 k €57,7 k €56,4 k €93,4 k €
Net result57,5 k €50,7 k €38,8 k €38,3 k €67,4 k €
Balance sheet
Equity375,7 k €319,1 k €269,3 k €231,3 k €193,9 k €
Total assets593,7 k €534,2 k €549,4 k €413,7 k €479,3 k €
Cash18,3 k €45,8 k €18,4 k €32,4 k €45,2 k €
Debts211,6 k €213,8 k €278 k €180,7 k €281,4 k €
Other
Workforce4,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 1 ended

Active mandates

Stijn Goossens

Director · since 28 octobre 2020

Active

Ended mandates

Stijn Goossens

Manager · since 02 mars 2011 · until 28 octobre 2020

Ended
Annual accounts

Full financial information

20242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months
Filing date14/07/202529/08/202431/08/202327/08/202231/08/2021
General meeting15/06/202501/05/202401/05/202301/05/202201/05/2021
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202415/06/202514/07/2025DutchPDF
Micro model31/12/202301/05/202429/08/2024DutchPDF
Micro model31/12/202201/05/202331/08/2023DutchPDF
Micro model31/12/202101/05/202227/08/2022DutchPDF
Micro model31/12/202001/05/202131/08/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2024 · 1 active · 1 ended

Active mandates

Stijn Goossens

Director · since 28 octobre 2020

Active

Ended mandates

Stijn Goossens

Manager · since 02 mars 2011 · until 28 octobre 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/11/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office21/10/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other14/03/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2024
    Annual accounts 202457,5 k €
  2. 2023
    Annual accounts 202350,7 k €
  3. 2022
    Annual accounts 202238,8 k €
  4. 2021
    Annual accounts 202138,3 k €
  5. 2020
    Annual accounts 202067,4 k €
  6. 02/03/2011
    IncorporationPrivate limited company