ACTIVE

Source Automation Belgium

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Financial year 2024 · closed on 31/12/2024
Net result
235 k €
-28.3% YoY
Revenue
78,8 M €
+0.7% YoY
Equity
1,2 M €
+24.7% YoY
Workforce
8,2 ETP
-10.9% YoY

What does Source Automation Belgium do?

Source Automation Belgium is a Private limited company incorporated in 2012. Its main activity is: Activities of employment placement agencies. Its registered office is in Woluwe-Saint-Pierre. It employs on average 8,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0845.858.707
Incorporation
10/05/2012
Legal form
Private limited company
Registered office
Avenue Roger Vandendriessche 18 box 4
1150 Woluwe-Saint-Pierre · BruxellesSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2024
Average workforce
8,2 ETP
Activities (NACE)
78100Activities of employment placement agencies· main78100Activities of employment placement agencies
Joint committees (3)
  • 200
  • 20000
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202420232022202120202019201820172016201520142013
Income statement
Revenue78,8 M €78,2 M €65,1 M €53,2 M €61,5 M €58,8 M €62,3 M €58 M €52,5 M €45,5 M €31,1 M €40 M €
EBITDA250 k €501,6 k €-247,7 k €16,6 k €103,9 k €328,5 k €118,7 k €332,9 k €707,4 k €173,4 k €-86,7 k €173,3 k €
Operating result242,2 k €493,8 k €-255,3 k €11,7 k €95 k €319,6 k €109,9 k €324 k €702,6 k €173,2 k €-87,7 k €170,7 k €
Net result235 k €327,7 k €-136,6 k €79,9 k €-218,2 k €147 k €22,3 k €106,6 k €421,5 k €129,4 k €-71,2 k €138,1 k €
Balance sheet
Equity1,2 M €952,6 k €624,9 k €761,5 k €681,6 k €899,8 k €752,9 k €730,5 k €623,9 k €202,4 k €73,1 k €144,3 k €
Total assets17,9 M €24,1 M €13 M €26,2 M €26,3 M €29,4 M €15,6 M €11,4 M €8,6 M €9,3 M €5,4 M €6,2 M €
Cash7,7 M €3,4 k €9,9 k €367,7 k €5,9 M €44,2 k €79,9 k €622,5 k €49,2 k €1,9 M €551,4 k €3,6 M €
Debts16,4 M €22,9 M €12,3 M €25,2 M €25,6 M €28,5 M €14,8 M €10,7 M €8 M €9,1 M €5,1 M €5,9 M €
Other
Workforce8,2 ETP9,2 ETP9,6 ETP6,6 ETP6,0 ETP5,2 ETP6,1 ETP6,2 ETP10,9 ETP8,9 ETP3,7 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 14 ended

Active mandates

Adriaan Cornelis Elsman

Director · since 10 janvier 2024

Active
Henrica Van Happen

Director · since 01 février 2022

Active

Ended mandates

Johan Kolff

Director · since 01 octobre 2020

Ended
Gerrit Jan Schellingerhout

Director · since 05 avril 2018 · until 01 octobre 2020

Ended
Gerrit Jan Schellingerhout

Director · since 05 avril 2018

Ended
Gerrit Jan Schellingerhout

Manager · since 05 avril 2018

Ended
At this address

Other companies at this address

CompanyCBE no.
Association des copropriétaires de la Résidence LE LEOPOLD sise à Woluwe-Saint-Pierre, avenue Roger Vandendriessche 18● Active
0830.656.827
Association des éditeurs belges● Active
0408.317.342
CALIBRE EXPERTISE● Active
0881.574.305
COOPERATIVE DE PERCEPTION ET D'INDEMNISATION DES EDITEURS BELGES● Active
0466.398.071
Credendo - Guarantees & Speciality Risks● Active
0864.602.471
D-Consultancy Services● Active
0544.681.328
Espoir et Culture ACC● Liquidation
0664.779.701
EUROPEAN BUSINESS AND INNOVATION CENTRE NETWORK● Active
0426.938.768
GUIDANT GLOBAL BELGIUM● Active
0544.671.232
IMV CONSULT● Active
0786.503.219
International Wool Secretariat● Active
0406.597.670
MED CONCEPT EUROPE● Active
0412.045.013
NDA CONSULT● Active
0823.114.779
ProUnity● Active
0568.514.822
VMS EU● Active
1032.510.659
Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/10/202531/07/202423/10/202326/12/202207/07/202106/10/2020
General meeting25/09/202531/05/202430/08/202321/12/202230/06/202108/09/2020
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202425/09/202509/10/2025DutchPDF
Full model31/12/202331/05/202431/07/2024DutchPDF
Full model31/12/202230/08/202323/10/2023DutchPDF
Full model31/12/202121/12/202226/12/2022DutchPDF
Full model31/12/202030/06/202107/07/2021DutchPDF
Full model31/12/201908/09/202006/10/2020DutchPDF
Full model31/12/201821/05/201905/09/2019DutchPDF
Full model31/12/201715/05/201830/08/2018DutchPDF
Full model31/12/201616/05/201712/06/2017DutchPDF
Full model31/12/201517/05/201610/06/2016DutchPDF
Full model31/12/201419/05/201514/08/2015DutchPDF
Full model31/12/201320/05/201409/07/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 2 active · 14 ended

Active mandates

Adriaan Cornelis Elsman

Director · since 10 janvier 2024

Active
Henrica Van Happen

Director · since 01 février 2022

Active

Ended mandates

Johan Kolff

Director · since 01 octobre 2020

Ended
Gerrit Jan Schellingerhout

Director · since 05 avril 2018 · until 01 octobre 2020

Ended
Gerrit Jan Schellingerhout

Director · since 05 avril 2018

Ended
Gerrit Jan Schellingerhout

Manager · since 05 avril 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/08/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/01/2020
    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. 2024
    Annual accounts 2024235 k €↓
  2. 2023
    Annual accounts 2023327,7 k €↑
  3. 2022
    Annual accounts 2022-136,6 k €↓
  4. 2021
    Annual accounts 202179,9 k €↑
  5. 2020
    Annual accounts 2020-218,2 k €↓
  6. 2019
    Annual accounts 2019147 k €↑
  7. 2018
    Annual accounts 201822,3 k €↓
  8. 2017
    Annual accounts 2017106,6 k €↓
  9. 2016
    Annual accounts 2016421,5 k €↑
  10. 2015
    Annual accounts 2015129,4 k €↑
  11. 2014
    Annual accounts 2014-71,2 k €↓
  12. 2013
    Annual accounts 2013138,1 k €
  13. 10/05/2012
    IncorporationPrivate limited company