ACTIVE

Source Automation Belgium

Financial year 2024 · Closed on 31/12/2024

Net result235 k €-28,3 %over 1 year
Revenue78,8 M €+0,7 %over 1 year
Equity1,2 M €+24,7 %over 1 year
Workforce8,2 ETP-10,9 %over 1 year

Identity

Source · BCE/KBO

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
Joint committees (3)
  • 200
  • 20000
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 12 filings

Trend over 12 financial years

20242023202220212020
Income statement
Revenue78,8 M €78,2 M €65,1 M €53,2 M €61,5 M €
EBITDA250 k €501,6 k €-247,7 k €16,6 k €103,9 k €
Operating result242,2 k €493,8 k €-255,3 k €11,7 k €95 k €
Net result235 k €327,7 k €-136,6 k €79,9 k €-218,2 k €
Balance sheet
Equity1,2 M €952,6 k €624,9 k €761,5 k €681,6 k €
Total assets17,9 M €24,1 M €13 M €26,2 M €26,3 M €
Cash7,7 M €3,4 k €9,9 k €367,7 k €5,9 M €
Debts16,4 M €22,9 M €12,3 M €25,2 M €25,6 M €
Other
Workforce8,2 ETP9,2 ETP9,6 ETP6,6 ETP6,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 8 ended

Active mandates

DirectorMandates in this companyPeriod
Adriaan Cornelis Elsman
Directorsince 10/01/2024
Henrica Van Happen
Directorsince 01/02/2022

Ended mandates

DirectorMandates in this companyPeriod
Johan Kolff
Director01/10/2020 → 2023 accounts
Gerrit Jan Schellingerhout
Director05/04/2018 → 01/10/2020Manager05/04/2018 → 2018 accounts

Other companies at this address

Avenue Roger Vandendriessche 18 1150 Woluwe-Saint-Pierre
CompanyCBE no.
0830.656.827
0408.317.342
0881.574.305
0466.398.071
0864.602.471
0544.681.328
Espoir et Culture ACC● Liquidation
0664.779.701
0426.938.768
0544.671.232
IMV CONSULT● Active
0786.503.219
0406.597.670
0412.045.013
NDA CONSULT● Active
0823.114.779
ProUnity● Active
0568.514.822
VMS EU● Active
1032.510.659

Full financial information

Source · NBB
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 12 filings
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

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.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 8 ended

Active mandates

DirectorMandates in this companyPeriod
Adriaan Cornelis Elsman
Directorsince 10/01/2024
Henrica Van Happen
Directorsince 01/02/2022

Ended mandates

DirectorMandates in this companyPeriod
Johan Kolff
Director01/10/2020 → 2023 accounts
Gerrit Jan Schellingerhout
Director05/04/2018 → 01/10/2020Manager05/04/2018 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/10/2026
    Kennisname ontslag persoon bestuurder - benoeming nieuwe bestuurder -
    PDF
  • Mandates24/09/2026
    Kennisname ontslag persoon belast met het dagelijks bestuur -
    PDF
  • 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

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings12 filings
Mandates
Adriaan Cornelis Elsman
Henrica Van Happen
Johan Kolff
Mike Korenvaar
Gerrit Jan Schellingerhout
Henk Zwijnenburg
Eduardus Prijden
Hendrikus Zwijnenburg
Patrick J. G. RODIJK
Patrick J.G. Rodijk
201220132014201520162017201820192020202120222023202420252026
Source Automation Belgium
Avenue Roger Vandendriessche 18 bte 4, 1150 Woluwe-Saint-PierreCulliganlaan 2C/1, 1831 Diegem
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Avenue Roger Vandendriessche 18 bte 4, 1150 Woluwe-Saint-PierreCurrent
accounts 2024
Accounts 2024 · 2025-00541725
Culliganlaan 2C/1, 1831 Diegem
accounts 2021 → 2023
Accounts 2023 · 2024-00310778

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Source Automation BelgiumCurrent
accounts 2021 → 2024
Accounts 2024 · 2025-00541725

Events

  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