REF TRADING
0887.753.205 · rovalta.com · 21/09/2026
ACTIVE
REF TRADING
Financial year 2024 · closed on 31/12/2024
Net result
25 k €
+195.2% YoY
Gross margin
52,1 k €
+767.5% YoY
Equity
52,1 k €
+92.5% YoY
Overview
What does REF TRADING do?
REF TRADING is a Private limited company incorporated in 2007. Its main activity is: Retail sale of other household equipment in specialised stores. Its registered office is in Zemst.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0887.753.205
Incorporation
07/03/2007
Legal form
Private limited company
Registered office
Vogelzang 52
1982 Zemst · FlandreSee on map
1982 Zemst · FlandreSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2024
Activities (NACE)
47551Retail sale of other household equipment in specialised stores· main47591Retail sale of furniture, lighting equipment and other household articles in specialised stores52441Warehousing and support activities for transportation47540Retail sale of electrical household appliances in specialised stores47540Retail sale of electrical household appliances in specialised stores47552Retail sale of other household equipment in specialised stores+3
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 18 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 52,1 k € | +767% | -7,8 k € | -130% | 26,1 k € | +138% | -68,1 k € | -208% | 63 k € | +561% | 9,5 k € | -74.2% | 37 k € | +24.1% | 29,8 k € | -68.2% | 93,7 k € | +3439% | 2,6 k € | -83.9% | 16,5 k € | +21.3% | 13,6 k € | -53.6% | 29,3 k € | -59.7% | 72,7 k € | +38.0% | 52,7 k € | +114% | 24,6 k € | -44.5% | 44,3 k € | +394% | 9 k € |
| EBITDA | 45,2 k € | +608% | -8,9 k € | -135% | 25,1 k € | +136% | -69,8 k € | -215% | 60,9 k € | +713% | 7,5 k € | -78.7% | 35,2 k € | +26.7% | 27,8 k € | -68.8% | 89 k € | +6194% | 1,4 k € | +104% | -35,3 k € | -437% | 10,5 k € | +351% | -4,2 k € | -106% | 70,8 k € | +43.9% | 49,2 k € | +103% | 24,2 k € | -44.2% | 43,4 k € | +429% | 8,2 k € |
| Operating result | 30,6 k € | +236% | -22,5 k € | -294% | 11,6 k € | +115% | -78 k € | -285% | 42,1 k € | +474% | -11,3 k € | -162% | 18,2 k € | +68.9% | 10,7 k € | -84.9% | 71,3 k € | +702% | -11,8 k € | +78.9% | -56 k € | -65.6% | -33,8 k € | -103% | -16,7 k € | -129% | 58,1 k € | +64.0% | 35,4 k € | +50.1% | 23,6 k € | -16.4% | 28,2 k € | +300% | 7,1 k € |
| Net result | 25 k € | +195% | -26,3 k € | -232% | 19,9 k € | +131% | -64,8 k € | -368% | 24,2 k € | +690% | -4,1 k € | -151% | 8 k € | +256% | 2,2 k € | -97.3% | 83 k € | +8447% | 971,5 € | +102% | -46,8 k € | -15.6% | -40,5 k € | -46.6% | -27,6 k € | -163% | 43,6 k € | +75.6% | 24,8 k € | +53.8% | 16,2 k € | -33.4% | 24,3 k € | +397% | 4,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 52,1 k € | +92.5% | 27 k € | -49.3% | 53,3 k € | +59.3% | 33,5 k € | -65.9% | 98,3 k € | +32.6% | 74,1 k € | -5.2% | 78,2 k € | +11.4% | 70,2 k € | +3.3% | 68 k € | +551% | -15,1 k € | +6.1% | -16 k € | -152% | 30,7 k € | -56.8% | 71,2 k € | -27.9% | 98,8 k € | +51.7% | 65,1 k € | +43.8% | 45,3 k € | +55.5% | 29,1 k € | +95.8% | 14,9 k € |
| Total assets | 149,8 k € | +0.6% | 148,9 k € | +4.6% | 142,4 k € | -29.3% | 201,5 k € | +41.3% | 142,6 k € | -25.3% | 190,9 k € | +14.1% | 167,3 k € | +21.8% | 137,3 k € | -55.6% | 309,1 k € | +207% | 100,6 k € | -45.9% | 186 k € | +14.6% | 162,3 k € | +1.9% | 159,3 k € | -17.8% | 193,7 k € | +61.7% | 119,8 k € | +116% | 55,3 k € | +18.5% | 46,7 k € | +156% | 18,2 k € |
| Cash | 55,7 k € | +6.3% | 52,4 k € | +82.4% | 28,7 k € | -46.4% | 53,6 k € | +63.5% | 32,8 k € | -66.7% | 98,5 k € | +110% | 46,9 k € | +280% | 12,3 k € | -74.9% | 49,2 k € | +224% | 15,2 k € | -81.1% | 80,1 k € | +234% | 24 k € | -43.6% | 42,5 k € | -48.3% | 82,3 k € | +48.7% | 55,3 k € | +65.8% | 33,4 k € | +46.1% | 22,8 k € | – | |
| Debts | 97,8 k € | -19.8% | 121,9 k € | +36.8% | 89,1 k € | -47.0% | 168 k € | +280% | 44,2 k € | -62.1% | 116,7 k € | +31.1% | 89 k € | +32.7% | 67,1 k € | -72.2% | 241,1 k € | +108% | 115,7 k € | -42.7% | 202 k € | +53.5% | 131,6 k € | +49.3% | 88,1 k € | -7.1% | 94,9 k € | +73.8% | 54,6 k € | +443% | 10,1 k € | -42.7% | 17,6 k € | +425% | 3,3 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 3 active · 6 ended
Active mandates
David VERMEERE
ActiveFRANK VERMEERE
ActiveJAMES VERMEERE
ActiveEnded mandates
David Vermeere
EndedDAVID VERMEERE
EndedFRANK VERMEERE
EndedJames Vermeere
EndedFinancials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Abridged model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 29/09/2025 | 13/10/2024 | 28/11/2023 | 17/11/2022 | 30/09/2021 | 30/10/2020 |
| General meeting | 16/06/2025 | 17/06/2024 | 06/11/2023 | 20/06/2022 | 21/06/2021 | 07/09/2020 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
18 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2024 | 16/06/2025 | 29/09/2025 | Dutch | |
| Micro model | 31/12/2023 | 17/06/2024 | 13/10/2024 | Dutch | |
| Micro model | 31/12/2022 | 06/11/2023 | 28/11/2023 | Dutch | |
| Micro model | 31/12/2021 | 20/06/2022 | 17/11/2022 | Dutch | |
| Micro model | 31/12/2020 | 21/06/2021 | 30/09/2021 | Dutch | |
| Abridged model | 31/12/2019 | 07/09/2020 | 30/10/2020 | Dutch | |
| Abridged model | 31/12/2018 | 17/06/2019 | 30/09/2019 | Dutch | |
| Abridged model | 31/12/2017 | 18/06/2018 | 30/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 19/06/2017 | 21/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 20/06/2016 | 30/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 15/06/2015 | 28/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 26/09/2014 | 30/09/2014 | Dutch | |
| Abridged model | 31/12/2012 | 17/06/2013 | 22/10/2013 | Dutch | |
| Abridged model | 31/12/2011 | 18/06/2012 | 29/09/2012 | Dutch | |
| Abridged model | 31/12/2010 | 20/06/2011 | 21/09/2011 | Dutch | |
| Abridged model | 31/12/2009 | 21/06/2010 | 31/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 15/06/2009 | 10/09/2009 | Dutch | |
| Abridged model | 31/12/2007 | 16/06/2008 | 29/08/2008 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2024 · 3 active · 6 ended
Active mandates
David VERMEERE
ActiveFRANK VERMEERE
ActiveJAMES VERMEERE
ActiveEnded mandates
David Vermeere
EndedDAVID VERMEERE
EndedFRANK VERMEERE
EndedJames Vermeere
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 202425 k €↑
- 2023Annual accounts 2023-26,3 k €↓
- 2022Annual accounts 202219,9 k €↑
- 2021Annual accounts 2021-64,8 k €↓
- 2020Annual accounts 202024,2 k €↑
- 2019Annual accounts 2019-4,1 k €↓
- 2018Annual accounts 20188 k €↑
- 2017Annual accounts 20172,2 k €↓
- 2016Annual accounts 201683 k €↑
- 2015Annual accounts 2015971,5 €↑
- 2014Annual accounts 2014-46,8 k €↓
- 2013Annual accounts 2013-40,5 k €↓
- 2012Annual accounts 2012-27,6 k €↓
- 2011Annual accounts 201143,6 k €↑
- 2010Annual accounts 201024,8 k €↑
- 2009Annual accounts 200916,2 k €↓
- 2008Annual accounts 200824,3 k €↑
- 2007Annual accounts 20074,9 k €
- 07/03/2007IncorporationPrivate limited company