ACTIVE

SETTLEMENTS SA

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Financial year 2025 · closed on 31/12/2025
Net result
4,5 M €
+1454.1% YoY
Gross margin
-4,6 M €
-503.8% YoY
Equity
19,3 M €
+30.4% YoY

What does SETTLEMENTS SA do?

SETTLEMENTS SA is a Public limited company incorporated in 2008. Its main activity is: Activities of holding companies. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0899.581.859
Incorporation
31/07/2008
Legal form
Public limited company
Registered office
Avenue Emile De Mot 23
1000 Bruxelles · BruxellesSee on map
Contributed capital
265 863 879,68 €
Latest accounts
31/12/2025
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies
Signals
ProfitableSolid equityGood liquidityPositive cashflow
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202011201020092008
Income statement
Gross margin-4,6 M €-762 k €-1,2 M €––––-7,3 k €-68,1 k €-90,9 k €
EBITDA-4,6 M €-764,2 k €-1,2 M €-1,4 M €-1,5 M €-1,7 M €-30,4 k €-7,7 k €-68,4 k €-91,3 k €
Operating result-4,6 M €-764,2 k €-1,2 M €-1,4 M €-1,5 M €-1,7 M €-30,4 k €-7,7 k €-68,4 k €-91,3 k €
Net result4,5 M €-331,9 k €-10 M €2 M €46,7 M €-10,3 M €-17,2 k €-7,9 k €-68,5 k €-91,3 k €
Balance sheet
Equity19,3 M €14,8 M €15,1 M €25,1 M €23,1 M €-181,3 M €2,5 M €-67,7 k €-59,8 k €8,7 k €
Total assets22,2 M €23,5 M €24,4 M €30,6 M €29,8 M €28,9 M €2,6 M €2,1 k €68,6 k €96,4 k €
Cash3 M €1,5 M €3,4 M €1,1 M €29,8 M €1,2 M €733,9 €1,8 k €68 k €96 k €
Debts2,9 M €8,7 M €8,6 M €5,4 M €5,5 M €210,1 M €94,8 k €65,5 k €128,3 k €87,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 18 ended

Active mandates

LaCambre Invest

Director · since 16 mars 2026 · 0821.980.671

Represented by Nadia De Wachter

Active
Paul de Schietere de Lophem

Director · until 16 mars 2026

Active

Ended mandates

Paul de Schietere de Lophem

Director · since 19 avril 2023

Ended
Nabil Dahdah

Director · since 30 juin 2021 · until 19 avril 2023

Ended
Marco Mennella

Director · since 17 juillet 2018 · until 19 avril 2023

Ended
Marco Mennella

Director · since 17 juillet 2018 · until 17 juillet 2024

Ended
At this address

Other companies at this address

CompanyCBE no.
"ACP à Bruxelles, Avenue Emile De Mot 23" à Bruxelles, Avenue Emile de Mot 23.● Active
0721.957.637
AIMMO INVEST● Active
0651.588.491
BIBLIOPOLIS● Active
0885.965.831
LaCambre Invest● Active
0821.980.671
MAY IMMO● Active
0672.844.557
VISION TERNAT INVEST● Active
0777.702.646
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/07/202625/09/202504/10/202417/10/202330/06/202306/02/2023
General meeting02/06/202619/09/202504/10/202409/10/202329/06/202326/01/2023
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/06/202616/07/2026FrenchPDF
Abridged model31/12/202419/09/202525/09/2025FrenchPDF
Abridged model31/12/202304/10/202404/10/2024FrenchPDF
Full model31/12/202209/10/202317/10/2023FrenchPDF
Full model31/12/202129/06/202330/06/2023FrenchPDF
Full model31/12/202026/01/202306/02/2023FrenchPDF
Full model31/12/201930/06/202122/07/2021FrenchPDF
Full model31/12/201815/07/201922/08/2019FrenchPDF
Full model31/12/201717/07/201826/07/2018FrenchPDF
Full model31/12/201619/05/201730/05/2017FrenchPDF
Full model31/12/201505/09/201605/10/2016FrenchPDF
Full model31/12/201421/04/201601/06/2016FrenchPDF
Full model31/12/201302/02/201504/02/2015FrenchPDF
Full model31/12/201230/04/201319/06/2013FrenchPDF
Full modelCorrection31/12/201125/06/201210/04/2013FrenchPDF
Full model31/12/201125/06/201226/06/2012FrenchPDF
Abridged model31/12/201006/06/201128/11/2011FrenchPDF
Abridged model31/12/200915/11/201027/01/2011FrenchPDF
Abridged model31/12/200830/04/200927/05/2009FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2025 · 2 active · 18 ended

Active mandates

LaCambre Invest

Director · since 16 mars 2026 · 0821.980.671

Represented by Nadia De Wachter

Active
Paul de Schietere de Lophem

Director · until 16 mars 2026

Active

Ended mandates

Paul de Schietere de Lophem

Director · since 19 avril 2023

Ended
Nabil Dahdah

Director · since 30 juin 2021 · until 19 avril 2023

Ended
Marco Mennella

Director · since 17 juillet 2018 · until 19 avril 2023

Ended
Marco Mennella

Director · since 17 juillet 2018 · until 17 juillet 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/04/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares13/12/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Registered office03/05/2021
    SIEGE SOCIAL
    PDF
  • Mandates21/08/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/11/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/07/2018
    DEMISSIONS, NOMINATIONS
    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. 2025
    Annual accounts 20254,5 M €↑
  2. 2024
    Annual accounts 2024-331,9 k €↑
  3. 2023
    Annual accounts 2023-10 M €↓
  4. 2022
    Annual accounts 20222 M €↓
  5. 2021
    Annual accounts 202146,7 M €↑
  6. 2020
    Annual accounts 2020-10,3 M €↓
  7. 2011
    Annual accounts 2011-17,2 k €↓
  8. 2010
    Annual accounts 2010-7,9 k €↑
  9. 2009
    Annual accounts 2009-68,5 k €↑
  10. 2008
    Annual accounts 2008-91,3 k €
  11. 31/07/2008
    IncorporationPublic limited company