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Société Européenne de Galvanisation

Active
Public limited companyfounded 198243 yrs activeChaussée de Ramioul(IVR) 50, 4400 Flémalle, BelgiumKBO/BCE: BE 0423.596.525
Summary

Société Européenne de Galvanisation has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14.05M and a net result of €1.68M. Equity is shrinking by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 35% of 677 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Société Européenne de GalvanisationActiveChecked score 61/100

Checked score

Score 2025
Axes · tick = 2024
Profitability64=
Solvency59▼-11
Growth57▼-9
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €850k at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.39 in 2024; short-term debt: 59.9% and cash: 0.5% of total assets), and 66.1% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 43 years 0 50 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
33.9%
Return on assets
4.1%
Age of the figures
18 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 09-10-2025, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 d early
2024
21 d early
2023
32 d early
2022
10 d late
2021
19 d early
2020
10 d early
2019
24 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
€73.12M▼ 14.0%
2024 · €85.02M
2021: €56.42Mlowest value 2023: €93.39Mhighest value 2024: €85.02M▼ -9.0% vs 2023 2025: €73.12M▼ -14.0% vs 2024
2021 → 2025
EBIT margin
2.5%▼ 0.1pp
2024 · 2.6%
2021: 3.3% 2023: 3.4%highest value 2024: 2.6%▼ -24.1% vs 2023 2025: 2.5%▼ -2.9% vs 2024lowest value
2021 → 2025
Net result
€1.68M▼ 1.4%
2024 · €1.71M
2021: €1.29Mlowest value 2023: €2.38Mhighest value 2024: €1.71M▼ -28.4% vs 2023 2025: €1.68M▼ -1.4% vs 2024
2021 → 2025
Working capital
€5.69M▼ 25.5%
2024 · €7.64M
2021: €15.79Mhighest value 2023: €3.57Mlowest value 2024: €7.64M▲ +114% vs 2023 2025: €5.69M▼ -25.5% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2021202320242025Trend
Turnover€56.42M-€93.39M▲ 65.5%€85.02M▼ 9.0%€73.12M▼ 14.0% 2021: €56.42Mlowest value 2023: €93.39Mhighest value 2024: €85.02M▼ -9.0% vs 2023 2025: €73.12M▼ -14.0% vs 2024
Equity€31.21M-€16.16M▼ 48.2%€17.87M▲ 10.6%€14.05M▼ 21.4% 2021: €31.21Mhighest value 2023: €16.16M 2024: €17.87M▲ +10.6% vs 2023 2025: €14.05M▼ -21.4% vs 2024lowest value
Operating result€1.87M-€3.18M▲ 70.1%€2.20M▼ 30.9%€1.83M▼ 16.5% 2021: €1.87M 2023: €3.18Mhighest value 2024: €2.20M▼ -30.9% vs 2023 2025: €1.83M▼ -16.5% vs 2024lowest value
Net result€1.29M-€2.38M▲ 84.6%€1.71M▼ 28.4%€1.68M▼ 1.4% 2021: €1.29Mlowest value 2023: €2.38Mhighest value 2024: €1.71M▼ -28.4% vs 2023 2025: €1.68M▼ -1.4% vs 2024
Result per fiscal year
Operating resultNet result
€0€1.00M€2.00M€3.00MOperating result 2021: €1.87M€1.87MNet result 2021: €1.29M€1.29MOperating result 2023: €3.18M€3.18MNet result 2023: €2.38M€2.38MOperating result 2024: €2.20M€2.20MNet result 2024: €1.71M€1.71MOperating result 2025: €1.83M€1.83MNet result 2025: €1.68M€1.68M2021202320242025€0€1M€2M€3MOperating result 2023: €3.18M€3.2MNet result 2023: €2.38M€2.4MOperating result 2024: €2.20M€2.2MNet result 2024: €1.71M€1.7MOperating result 2025: €1.83M€1.8MNet result 2025: €1.68M€1.7M202320242025
The operating result has fallen two years in a row; 2025 is 17% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41.45M
Fixed assets €10.94M ▼ 12.0%
Current assets €30.51M ▲ 11.3%
Equity and liabilities €41.45M
Equity €14.05M ▼ 21.4%
Provisions €2.22M ▲ 20.3%
Debt €25.18M ▲ 25.1%
Debt's share of the balance-sheet total rises from 50.5% to 60.8%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4.30M▼
2024 · €4.77M
Cash flow
€4.14M▼
2024 · €4.28M
Current ratio
1.23▼
2024 · 1.39
Quick ratio
1.06▼
2024 · 1.13
Debt to equity
1.79▲
2024 · 1.13
ROE
12.0%▲
2024 · 9.5%
ROA
4.1%▼
2024 · 4.3%
Interest coverage
438.97▼
2024 · 452.26
Debt ≤ 1 year
€24.82M▲
2024 · €19.78M
Income taxes
€567k▼
2024 · €842k
Staff costs
€16.33M▲
2024 · €15.55M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 75 lines
Balance sheet Code20242025
Assets
Total assets20/58€39.85M€41.45M▲
Fixed assets21/28€12.42M€10.94M▼
Intangible fixed assets21€23k€12k▼
Tangible fixed assets22/27€12.35M€10.87M▼
Land and buildings22€1.80M€1.73M▼
Plant, machinery and equipment23€10.47M€8.99M▼
Furniture and vehicles24€6k€39k▲
Assets under construction and advance payments27€71k€118k▲
Financial fixed assets28€51k€52k▲
Other financial fixed assets284/8€51k€52k▲
Amounts receivable and cash guarantees285/8€51k€52k▲
Current assets29/58€27.42M€30.51M▲
Stocks and contracts in progress3€5.06M€4.29M▼
Stocks30/36€5.06M€4.29M▼
Raw materials and consumables30/31€4.95M€3.73M▼
Finished goods33€119k€560k▲
Amounts receivable within one year40/41€22.27M€26.00M▲
Trade receivables40€8.06M€7.89M▼
Other amounts receivable41€14.22M€18.11M▲
Cash at bank and in hand54/58€38k€187k▲
Deferred charges and accrued income490/1€47k€38k▼
Equity and liabilities
Total equity and liabilities10/49€39.85M€41.45M▲
Equity10/15€17.87M€14.05M▼
Contributions10/11€12.50M€12.50M=
Capital10€12.50M€12.50M=
Issued capital100€12.50M€12.50M=
Reserves13€1.25M€1.25M=
Non-distributable reserves130/1€1.25M€1.25M=
Legal reserve130€1.25M€1.25M=
Profit (loss) carried forward14€4.12M€296k▼
Provisions and deferred taxes16€1.85M€2.22M▲
Provisions for liabilities and charges160/5€1.85M€2.22M▲
Pensions and similar obligations160€1.51M€1.93M▲
Other liabilities and charges164/5€332k€286k▼
Amounts payable17/49€20.14M€25.18M▲
Amounts payable within one year42/48€19.78M€24.82M▲
Trade debts44€13.79M€13.54M▼
Suppliers440/4€13.79M€13.54M▼
Taxes, remuneration and social security45€5.96M€5.78M▼
Taxes450/3€216k€149k▼
Remuneration and social security454/9€5.74M€5.63M▼
Other amounts payable47/48€25k€5.50M▲
Accrued charges and deferred income492/3€358k€365k▲
Income statement Code20242025
Operating income70/76A€85.61M€75.03M▼
Turnover70€85.02M€73.12M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-826k€442k▲
Other operating income74€1.42M€1.47M▲
Operating charges60/66A€83.42M€73.20M▼
Goods for resale, raw materials and consumables60€33.55M€33.91M▲
Purchases600/8€32.11M€32.69M▲
Change in stocks: decrease (increase)609€1.44M€1.22M▼
Services and other goods61€29.47M€18.35M▼
Remuneration, social security and pensions62€15.55M€16.33M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.57M€2.46M▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€627k€374k▼
Other operating charges640/8€1.65M€1.77M▲
Operating profit (loss)9901€2.20M€1.83M▼
Financial income75/76B€365k€427k▲
Recurring financial income75€365k€427k▲
Income from current assets751€364k€427k▲
Other financial income752/9€589€353▼
Financial charges65/66B€14k€13k▼
Recurring financial charges65€14k€13k▼
Debt charges650€11k€10k▼
Other financial charges652/9€3k€3k▼
Profit (loss) for the period before taxes9903€2.55M€2.25M▼
Income taxes67/77€842k€567k▼
Taxes670/3€842k€567k▼
Profit (loss) for the period9904€1.71M€1.68M▼
Profit (loss) for the period to be appropriated9905€1.71M€1.68M▼
Appropriation of the result
Profit (loss) to be appropriated9906€4.12M€5.80M▲
Profit (loss) brought forward from the previous period14P€2.41M€4.12M▲
Profit to be distributed694/7-€5.50M
Return on contributions (dividend)694-€5.50M
Social balance
Average headcount (FTE)9087142.6143.0▲

The notes to these accounts (54 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line2021202320242025Change
Operating income70/76A-€95.49M€85.61M€75.03M▼ 12.4%
Turnover70€56.42M€93.39M€85.02M€73.12M▼ 14.0%
Change in stocks of work in progress, finished goods and contracts in progress71-€379k€-826k€442k▲ 153%
Other operating income74-€1.73M€1.42M€1.47M▲ 3.7%
Operating charges60/66A-€92.31M€83.42M€73.20M▼ 12.2%
Goods for resale, raw materials and consumables60-€40.87M€33.55M€33.91M▲ 1.1%
Purchases600/8-€45.18M€32.11M€32.69M▲ 1.8%
Change in stocks: decrease (increase)609-€-4.31M€1.44M€1.22M▼ 15.3%
Services and other goods61-€32.29M€29.47M€18.35M▼ 37.7%
Remuneration, social security and pensions62-€14.93M€15.55M€16.33M▲ 5.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.87M€2.60M€2.57M€2.46M▼ 4.3%
Provisions for liabilities and charges: additions (uses and reversals)635/8-€112k€627k€374k▼ 40.3%
Other operating charges640/8-€1.51M€1.65M€1.77M▲ 7.2%
Operating profit (loss)9901€1.87M€3.18M€2.20M€1.83M▼ 16.5%
Financial income75/76B-€153k€365k€427k▲ 17.0%
Recurring financial income75-€153k€365k€427k▲ 17.0%
Income from current assets751-€153k€364k€427k▲ 17.1%
Other financial income752/9-€65€589€353▼ 40.1%
Financial charges65/66B-€18k€14k€13k▼ 7.2%
Recurring financial charges65€18k€18k€14k€13k▼ 7.2%
Debt charges650-€5k€11k€10k▼ 7.2%
Other financial charges652/9-€13k€3k€3k▼ 7.3%
Profit (loss) for the period before taxes9903€1.85M€3.31M€2.55M€2.25M▼ 11.8%
Income taxes67/77€561k€931k€842k€567k▼ 32.7%
Taxes670/3-€931k€842k€567k▼ 32.7%
Profit (loss) for the period9904€1.29M€2.38M€1.71M€1.68M▼ 1.4%
Profit (loss) for the period to be appropriated9905€1.29M€2.38M€1.71M€1.68M▼ 1.4%
Line2021202320242025Change
Assets
Total assets20/58€46.57M€38.86M€39.85M€41.45M▲ 4.0%
Fixed assets21/28€17.04M€14.18M€12.42M€10.94M▼ 12.0%
Intangible fixed assets21€70k€39k€23k€12k▼ 48.9%
Tangible fixed assets22/27€16.93M€14.09M€12.35M€10.87M▼ 12.0%
Land and buildings22-€1.79M€1.80M€1.73M▼ 4.1%
Plant, machinery and equipment23-€12.19M€10.47M€8.99M▼ 14.2%
Furniture and vehicles24-€19k€6k€39k▲ 530%
Assets under construction and advance payments27-€88k€71k€118k▲ 67.4%
Financial fixed assets28€47k€51k€51k€52k▲ 0.6%
Other financial fixed assets284/8-€51k€51k€52k▲ 0.6%
Amounts receivable and cash guarantees285/8-€51k€51k€52k▲ 0.6%
Current assets29/58€29.53M€24.68M€27.42M€30.51M▲ 11.3%
Stocks and contracts in progress3€1.61M€7.33M€5.06M€4.29M▼ 15.3%
Stocks30/36-€7.33M€5.06M€4.29M▼ 15.3%
Raw materials and consumables30/31-€6.38M€4.95M€3.73M▼ 24.6%
Finished goods33-€945k€119k€560k▲ 372%
Amounts receivable within one year40/41€26.92M€17.31M€22.27M€26.00M▲ 16.7%
Trade receivables40-€8.24M€8.06M€7.89M▼ 2.1%
Other amounts receivable41-€9.07M€14.22M€18.11M▲ 27.4%
Cash at bank and in hand54/58€917k€25k€38k€187k▲ 399%
Deferred charges and accrued income490/1-€20k€47k€38k▼ 18.9%
Equity and liabilities
Total equity and liabilities10/49€46.57M€38.86M€39.85M€41.45M▲ 4.0%
Equity10/15€31.21M€16.16M€17.87M€14.05M▼ 21.4%
Contributions10/11€12.50M€12.50M€12.50M€12.50M=
Capital10-€12.50M€12.50M€12.50M=
Issued capital100-€12.50M€12.50M€12.50M=
Reserves13€1.25M€1.25M€1.25M€1.25M=
Non-distributable reserves130/1-€1.25M€1.25M€1.25M=
Legal reserve130-€1.25M€1.25M€1.25M=
Profit (loss) carried forward14€17.46M€2.41M€4.12M€296k▼ 92.8%
Provisions and deferred taxes16€1.26M€1.22M€1.85M€2.22M▲ 20.3%
Provisions for liabilities and charges160/5-€1.22M€1.85M€2.22M▲ 20.3%
Pensions and similar obligations160-€968k€1.51M€1.93M▲ 27.7%
Other liabilities and charges164/5-€250k€332k€286k▼ 13.8%
Amounts payable17/49€14.09M€21.49M€20.14M€25.18M▲ 25.1%
Amounts payable within one year42/48€13.74M€21.11M€19.78M€24.82M▲ 25.5%
Trade debts44€9.37M€15.66M€13.79M€13.54M▼ 1.8%
Suppliers440/4-€15.66M€13.79M€13.54M▼ 1.8%
Taxes, remuneration and social security45-€5.39M€5.96M€5.78M▼ 3.1%
Taxes450/3-€125k€216k€149k▼ 31.1%
Remuneration and social security454/9-€5.27M€5.74M€5.63M▼ 2.0%
Other amounts payable47/48-€52k€25k€5.50M▲ 21,655%
Accrued charges and deferred income492/3-€379k€358k€365k▲ 2.1%
Line2021202320242025Change
Profit (loss) for the period9904€1.29M€2.38M€1.71M€1.68M▼ 1.4%
+ Depreciation and write-downs630€2.87M€2.60M€2.57M€2.46M▼ 4.3%
Operating cash flow (approximation)€4.16M€4.98M€4.28M€4.14M▼ 3.1%
Investment in fixed assets (approximation)--€-814k€-975k▼ 19.7%
Change in cash--€12k€150k▲ 1,120%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2026
13-03
State Gazette act Resignation: Marlier (directeur adjoint et responsable rh)
Appointment: Lejeune Bertrand (day-to-day manager) · Power of attorney8 facts ▸
  • Board meeting, 10-12-2025
  • Director resignation, Marlier (directeur adjoint et responsable rh)
  • Director appointment, Lejeune Bertrand (day-to-day manager)
  • Power of attorney, Lejeune Bertrand
  • Power of attorney, Marbaise Vincent
  • Power of attorney, Lacroix Jérémie
  • Power of attorney, Thiry Anne
  • Power of attorney, Démarche Marie-Cécile
2025
09-10
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2024
10-10
NBB filing Annual accounts filed
fiscal year 2024 · full schema
15-01
State Gazette act Reappointments: Coenraad Jan SPAANS (director) and Benjamin Cornelis KAGER (director)
Appointments: Vincent Jelte HOFMAN (director) and Martine Gerrie BREDEWOLD (director) · Resignations: Shailen Sharma (director) and Pieter Stevenson (director) · Statutes amendment14 facts ▸
  • General meeting, 21-12-2023
  • Statutes amendment
  • Capital, €12.500.000
  • Director reappointment, Coenraad Jan SPAANS (director)
  • Director reappointment, Coenraad Jan SPAANS (chair of the board)
  • Director reappointment, Benjamin Cornelis KAGER (director)
  • Director appointment, Vincent Jelte HOFMAN (director)
  • Director appointment, Martine Gerrie BREDEWOLD (director)
  • Director resignation, Shailen Sharma (director)
  • Director resignation, Pieter Stevenson (director)
  • Mandate compensation, Coenraad Jan SPAANS
  • Mandate compensation, Benjamin Cornelis KAGER
  • +2 further facts in this act
2023
13-11
State Gazette act Reappointments: Pieter Stevenson, Benjamin Cornelis Kager and PwC Reviseurs d'Entreprises
8 facts ▸
  • General meeting, 29-09-2023
  • Director reappointment, Pieter Stevenson (director)
  • Director reappointment, Benjamin Cornelis Kager (director)
  • Board composition, Coenraad Jan Spaans (chair of the board)
  • Board composition, Shailen Sharma (director)
  • Board composition, Benjamin Cornelis Kager (director)
  • Board composition, Pieter Stevenson (director)
  • Auditor reappointment, PwC Reviseurs d'Entreprises (statutory auditor)
29-09
NBB filing Annual accounts filed
fiscal year 2023 · full schema
11-04
State Gazette act Resignations: Albert Kassies (chair of the board) and Mirenka Fortuin (director)
Appointments: Coenraad Jan Spaans (chair of the board) and Benjamin Cornelis Kager (director)9 facts ▸
  • General meeting, 15-02-2023
  • Director resignation, Albert Kassies (chair of the board)
  • Director appointment, Coenraad Jan Spaans (chair of the board)
  • Director resignation, Mirenka Fortuin (director)
  • Director appointment, Benjamin Cornelis Kager (director)
  • Board composition, Coenraad Jan Spaans (chair of the board)
  • Board composition, Shailen Sharma (director)
  • Board composition, Benjamin Cornelis Kager (director)
  • Board composition, Pieter Stevenson (director)
31-03
Financial Highest result since 2021net €2.38M ▲84.6%
Operating result €3.18M, net result €2.38M, both a record.
2022
10-11
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 10 days late
14-09
State Gazette act Reappointments: Albert Kassies (chair of the board) and Shailen Sharma (director)
7 facts ▸
  • General meeting, 30-09-2021
  • Director reappointment, Albert Kassies (chair of the board)
  • Director reappointment, Shailen Sharma (director)
  • Board composition, Albert Kassies (chair of the board)
  • Board composition, Shailen Sharma (director)
  • Board composition, Mirenka Fortuin (director)
  • Board composition, Pieter Stevenson (director)
2021
12-10
NBB filing Annual accounts filed
fiscal year 2021 · full schema
13-08
State Gazette act Appointments: Alain Marlier (member of the executive committee) and Bertrand Lejeune (daily management delegate)
Resignations: Masson (member of the executive committee) and Thiry (member of the executive committee) · Power of attorney · Committee scope17 facts ▸
  • Board meeting, 02/07/2021
  • Director appointment, Alain Marlier (member of the executive committee)
  • Director resignation, Masson (member of the executive committee)
  • Director resignation, Thiry (member of the executive committee)
  • Board composition, Bertrand Lejeune (member of the executive committee)
  • Board composition, Alain Marlier (member of the executive committee)
  • Board composition, Vincent Marbaise (member of the executive committee)
  • Board composition, Jérémie Lacroix (member of the executive committee)
  • Director appointment, Bertrand Lejeune (daily management delegate)
  • Power of attorney, Bertrand Lejeune
  • Power of attorney, Thiry
  • Power of attorney, Bertrand Lejeune
  • +5 further facts in this act
Show earlier events
2020
15-12
State Gazette act Reappointments: Mirenka Fortuin, Pieter Stevenson and PwC Reviseurs d'Entreprises
8 facts ▸
  • General meeting, 30-09-2020
  • Director reappointment, Mirenka Fortuin (director)
  • Director reappointment, Pieter Stevenson (director)
  • Board composition, Albert Kassies (chair of the board)
  • Board composition, Shailen Sharma (director)
  • Board composition, Mirenka Fortuin (director)
  • Board composition, Pieter Stevenson (director)
  • Auditor reappointment, PwC Reviseurs d'Entreprises
21-10
NBB filing Annual accounts filed
fiscal year 2020 · full schema
05-02
State Gazette act Resignation: Godefridus (Govert) Kockelkoren (chair of the board)
Appointment: Albert Kassies (chair of the board)7 facts ▸
  • General meeting, 20-11-2019
  • Director resignation, Godefridus (Govert) Kockelkoren (chair of the board)
  • Director appointment, Albert Kassies (chair of the board)
  • Board composition, Albert Kassies (chair of the board)
  • Board composition, Shailen Sharma (director)
  • Board composition, Fortuin (director)
  • Board composition, Pieter Stevenson (director)
2019
07-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema
03-06
State Gazette act Appointment: Jérémie Lacroix (member of the executive committee)
Power of attorney8 facts ▸
  • Board meeting, 26-04-2019
  • Director appointment, Jérémie Lacroix (member of the executive committee)
  • Board composition, Bertrand Lejeune (member of the executive committee)
  • Board composition, Anne Thiry (member of the executive committee)
  • Board composition, Michel Massor (member of the executive committee)
  • Board composition, Vincent Marbaise (member of the executive committee)
  • Board composition, Jérémie Lacroix (member of the executive committee)
  • Power of attorney, Vincent Marbaise
07-05
State Gazette act Resignation: Adam Cietak (director)
Appointment: Mirenka Fortuin (director)7 facts ▸
  • General meeting, 22-03-2019
  • Director resignation, Adam Cietak (director)
  • Director appointment, Mirenka Fortuin (director)
  • Board composition, Govert Kockelkoren (chair of the board)
  • Board composition, Shailen Sharma (director)
  • Board composition, Mirenka Fortuin (director)
  • Board composition, Pieter Stevenson (director)
2018
04-10
NBB filing Annual accounts filed
fiscal year 2018 · full schema
01-08
State Gazette act Resignation: Alain Kolongo (member of the executive committee)
Appointment: Bertrand Lejeune (directeur général) · Mandate compensation · Power of attorney15 facts ▸
  • Board meeting, 06-06-2018
  • Director resignation, Alain Kolongo (member of the executive committee)
  • Director appointment, Bertrand Lejeune (directeur général)
  • Board composition, Bertrand Lejeune (member of the executive committee)
  • Board composition, Anne Thiry (member of the executive committee)
  • Board composition, Michel Masson (member of the executive committee)
  • Board composition, Vincent Marbaise (member of the executive committee)
  • Mandate compensation, Bertrand Lejeune
  • Power of attorney, Bertrand Lejeune
  • Power of attorney, Jean Beciani
  • Power of attorney, Jérôme Doyen
  • Power of attorney, Bertrand Lejeune
  • +3 further facts in this act
12-06
State Gazette act Resignation: Bram Krul (director)
Appointments: Fred Stevenson (director) and PricewaterhouseCoopers Réviseurs d'Entreprise SCCRL (statutory auditor) · Permanent representative: P Mortroux9 facts ▸
  • General meeting, 18-04-2018
  • Director resignation, Bram Krul (director)
  • Director appointment, Fred Stevenson (director)
  • Board composition, Govert Kockelkoren (chair of the board)
  • Board composition, Shailen Sharma (director)
  • Board composition, Adam Cietak (director)
  • Board composition, Pieter Stevenson (director)
  • Auditor appointment, PricewaterhouseCoopers Réviseurs d'Entreprise SCCRL
  • Permanent representative, P Mortroux
2017
25-10
State Gazette act Reappointments: Adam Cietak (director) and Bram Krul (director)
Appointment: SPRL PricewaterhouseCoopers Audit Services (commissaire réviseur)8 facts ▸
  • General meeting, 29-07-2017
  • Director reappointment, Adam Cietak (director)
  • Director reappointment, Bram Krul (director)
  • Board composition, Govert Kockelkoren (chair of the board)
  • Board composition, Shailen Sharma (director)
  • Board composition, Adam Cietak (director)
  • Board composition, Bram Krul (director)
  • Auditor appointment, SPRL PricewaterhouseCoopers Audit Services (commissaire réviseur)
09-10
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
03-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema
06-06
State Gazette act Reappointments: Govert Kockelkoren (chair of the board) and Shailen Sharma (director)
6 facts ▸
  • Director reappointment, Govert Kockelkoren (chair of the board)
  • Director reappointment, Shailen Sharma (director)
  • Board composition, Govert Kockelkoren (chair of the board)
  • Board composition, Shailen Sharma (director)
  • Board composition, Adam Cietak (director)
  • Board composition, Bram Krul (director)
2015
20-02
State Gazette act Resignations: Dominik Schwarz (director) and Richard Spit (director)
Appointments: Adam Cietak (director) and Bram Krul (director)9 facts ▸
  • General meeting, 28/11/2014
  • Director resignation, Dominik Schwarz (director)
  • Director resignation, Richard Spit (director)
  • Director appointment, Adam Cietak (director)
  • Director appointment, Bram Krul (director)
  • Board composition, Govert Kockelkoren (chair of the board)
  • Board composition, Shailen Sharma (director)
  • Board composition, Adam Cietak (director)
  • Board composition, Bram Krul (director)
2014
18-02
State Gazette act Resignation: Sam Bollen (member of the executive committee)
Appointments: Alain Kolongo Mpungu (member of the executive committee) and Bertrand Lejeune (directeur général) · Mandate compensation · Power of attorney24 facts ▸
  • Board meeting, 20-01-2014
  • Director resignation, Sam Bollen (member of the executive committee)
  • Director appointment, Alain Kolongo Mpungu (member of the executive committee)
  • Director appointment, Bertrand Lejeune (directeur général (délégué à la gestion journalière))
  • Board composition, Bertrand Lejeune (member of the executive committee)
  • Board composition, Anne Thiry (member of the executive committee)
  • Board composition, Michel Masson (member of the executive committee)
  • Board composition, Vincent Marbaise (member of the executive committee)
  • Board composition, Alain Kolongo Mpungu (member of the executive committee)
  • Mandate compensation, Bertrand Lejeune
  • Mandate compensation, Anne Thiry
  • Mandate compensation, Michel Masson
  • +12 further facts in this act
2013
07-08
State Gazette act Resignation: Jaap Piso (director)
Appointment: Dominik Schwarz (director)7 facts ▸
  • Board meeting, 31-05-2013
  • Director resignation, Jaap Piso (director)
  • Director appointment, Dominik Schwarz (director)
  • Board composition, Govert Kockelkoren (chair of the board)
  • Board composition, Shailen Sharma (director)
  • Board composition, Richard Spit (director)
  • Board composition, Dominik Schwarz (director)
31-01
State Gazette act Resignation: Ernst Hoogenes (chair of the board)
Appointment: Govert Kockelkoren (chair of the board)7 facts ▸
  • General meeting, 28-09-2012
  • Director resignation, Ernst Hoogenes (chair of the board)
  • Director appointment, Govert Kockelkoren (chair of the board)
  • Board composition, Govert Kockelkoren (chair of the board)
  • Board composition, Shailen Sharma (director)
  • Board composition, Jaap Piso (director)
  • Board composition, Richard Spit (director)
2012
23-08
State Gazette act Appointment: Bertrand Lejeune (directeur général ad interim)
Power of attorney12 facts ▸
  • Board meeting, 26-07-2012
  • Director appointment, Bertrand Lejeune (directeur général ad interim)
  • Board composition, Bertrand Lejeune (member of the executive committee)
  • Board composition, Anne Thiry (member of the executive committee)
  • Board composition, Michel Masson (member of the executive committee)
  • Board composition, Vincent Marbaise (member of the executive committee)
  • Board composition, Sam Bolien (member of the executive committee)
  • Power of attorney, SEGAL
  • Power of attorney, Bertrand Lejeune
  • Power of attorney, Bertrand Lejeune
  • Board composition, Comité de direction: fournitures, commandes, gestion du personnel, politique commerciale, sous réserve des actes réservés au conseil d'administration et de la d…
  • Board composition, Les membres du comité de direction agissent collégialement (art. 19 des statuts)
09-05
State Gazette act Resignation: Pieter Van Tongeren (director)
Appointment: Shailen Sharma (director) · Reappointment: Deloitte SCRL (statutory auditor)8 facts ▸
  • General meeting, 30-03-2012
  • Director resignation, Pieter Van Tongeren (director)
  • Director appointment, Shailen Sharma (director)
  • Board composition, Ernst Hoogenes (chair of the board)
  • Board composition, Shailen Sharma (director)
  • Board composition, Jaap Piso (director)
  • Board composition, Richard Spit (director)
  • Auditor reappointment, Deloitte SCRL
16-02
State Gazette act Resignation: Schreurs (directeur général)
Appointments: Bertrand Lejeune, Anne Thiry and 2 others7 facts ▸
  • Board meeting, 16-12-2012
  • Director resignation, Schreurs (directeur général)
  • Director appointment, Bertrand Lejeune (directeur général ad interim)
  • Director appointment, Bertrand Lejeune (member of the executive committee)
  • Director appointment, Anne Thiry (member of the executive committee)
  • Director appointment, Michel Masson (member of the executive committee)
  • Director appointment, Vincent Marbaise (member of the executive committee)
2011
10-02
State Gazette act Resignation: Dook van den Boer (chair of the board)
Appointment: Ernst Hoogenes (chair of the board)7 facts ▸
  • General meeting, 15-12-2010
  • Director resignation, Dook van den Boer (chair of the board)
  • Director appointment, Ernst Hoogenes (chair of the board)
  • Board composition, Ernst Hoogenes (chair of the board)
  • Board composition, Pieter van Tongeren (director)
  • Board composition, Jaap Piso (director)
  • Board composition, Mark Brok (director)
2010
06-07
State Gazette act Resignations & appointments
Power of attorney12 facts ▸
  • Power of attorney, Peter SCHREURS
  • Power of attorney, Bertrand LEJEUNE
  • Power of attorney, Bertrand LEJEUNE
  • Power of attorney, Vincent MARBAISE
  • Power of attorney, Michel MASSON
  • Power of attorney, André RENSON
  • Power of attorney, Anne THIRY
  • Power of attorney, Vincent MARBAISE
  • Power of attorney, les administrateurs désignés
  • Power of attorney, Peter SCHREURS
  • Power of attorney, Bertrand LEJEUNE
  • Power of attorney, Vincent MARBAISE
2009
22-06
State Gazette act Resignations & appointments
Power of attorney20 facts ▸
  • Power of attorney, Peter SCHREURS
  • Power of attorney, Bertrand LEJEUNE
  • Power of attorney, Bertrand LEJEUNE
  • Power of attorney, Vincent MARBAISE
  • Power of attorney, Léon DREESEN
  • Power of attorney, Michel MASSON
  • Power of attorney, André RENSON
  • Power of attorney, Anne THIRY
  • Power of attorney, Peter SCHREURS
  • Power of attorney, Bertrand LEJEUNE
  • Power of attorney, Anne THIRY
  • Power of attorney, Léon DREESEN
  • +8 further facts in this act
2007
24-12
State Gazette act Capital & shares · Statutes amendment
2 facts ▸
  • General meeting, 11-12-2007
  • Statutes amendment
2005
31-10
State Gazette act Appointment: PriceWaterhouCoopers Réviseurs d'Entreprises SCCRL (statutory auditor)
Extraordinary council meeting · Mandate term3 facts ▸
  • Extraordinary council meeting, 06-09-2005
  • Auditor appointment, PriceWaterhouCoopers Réviseurs d'Entreprises SCCRL (statutory auditor)
  • Mandate term, 3 ans expirant à l'issue de l'Assemblée générale annuelle de 2008 statuant sur les comptes de 2007
2004
22-07
State Gazette act Resignations: R. van Ierschot (director) and C. van Dort (director)
Legal-form conversion · Purpose change · Capital11 facts ▸
  • General meeting, 29-06-2004
  • Legal-form conversion, Société anonyme
  • Purpose change, La société a pour objet l'industrie du revêtement de la tôle. Cet objet comporte tous travaux de conditionnement ou de première transformation de la tôle revêtu…
  • Capital, €24.751.000
  • Net-asset statement, 31-03-2004
  • Net-asset statement, 31-03-2004
  • Director resignation, R. van Ierschot (director)
  • Director resignation, C. van Dort (director)
  • Power of attorney, Wouter Ghijsels
  • Power of attorney, Jan Bogaert
  • Power of attorney, Sylvie Deconinck
2003
24-06
State Gazette act Reappointments: J. PELERIN, P. JONGENBURGER and Pierre BOUCKAERT
Appointment: Pierre BOUCKAERT (chair of the board)5 facts ▸
  • General meeting, 06-06-2003
  • Director reappointment, J. PELERIN (director)
  • Director reappointment, P. JONGENBURGER (director)
  • Director reappointment, Pierre BOUCKAERT (director)
  • Director appointment, Pierre BOUCKAERT (chair of the board)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
28 of 28 acts read

Directors · office · real estate

Directors
16 directors, no change since 2025
Martine Gerrie BREDEWOLD
Director · since 21-12-2023
Current
Vincent Jelte HOFMAN
Director · since 21-12-2023
Current
Benjamin Cornelis KAGER
Director · since 15-02-2023
Current
Coenraad Jan Spaans
Chair of the board · since 15-02-2023
Current
Alain Marlier
Member of the executive committee · since 02-07-2021
Current
Bertrand Lejeune
Day-to-day manager · since 01-01-2012
Current
10 other directors
Jérémie Lacroix
Member of the executive committee · since 26-04-2019
Not recently confirmed
Fred Stevenson
Director · since 18-04-2018
Not recently confirmed
Govert Kockelkoren
Chair of the board · since 28-09-2012
Not recently confirmed
Alain Kolongo Mpungu
Member of the executive committee · since 20-01-2014
Not recently confirmed
Anne Thiry
Member of the executive committee · since 16-02-2012
Not recently confirmed
Michel Masson
Member of the executive committee · since 16-02-2012
Not recently confirmed
Vincent Marbaise
Member of the executive committee · since 16-02-2012
Not recently confirmed
BOUCKAERT Pierre
Chair of the board · since 06-06-2003
Not recently confirmed
J. PELERIN
Director
Not recently confirmed
Not recently confirmed
10-12-2025 Bertrand Lejeune: Appointed as Day-to-day manager
10-12-2025 Marlier: Resigned as Directeur adjoint et responsable rh
21-12-2023 Martine Gerrie BREDEWOLD: Appointed as Director
21-12-2023 Vincent Jelte HOFMAN: Appointed as Director
21-12-2023 Pieter Stevenson: Resigned as Director
Full history in the Timeline (54 changes) →
Location & real-estate footprint
Registered office, Flémalle · 1 establishment unit since 1982
seat establishment The establishment unit on the map
Ground area
4.3 ha
Building footprint
2.7 ha
Volume, LiDAR
537,818 m³
Parcel 62083B0015/00C000, Wallonia · tallest building 59.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Ramioul(IVR) 50, 4400 Flémalle
NACE 27100
since 19822.021.665.288
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62083B0015/00C000 Wallonia 4.3 ha 1 · 2.7 ha 59.9 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Statutory auditor

1 auditor
PwC Reviseurs d'EntreprisesCurrent
Statutory auditor
18-04-2018 → present
Show 2 earlier auditors
PriceWaterhouCoopers Réviseurs d'Entreprises SCCRL
Statutory auditor
succeeded by SCRL Deloitte in 2012
20-10-2005 → 30-03-2012
SCRL Deloitte
Auditor
succeeded by PwC Reviseurs d'Entreprises in 2018
30-03-2012 → 18-04-2018

Articles of association

Purpose
L'industrie du revêtement de la tôle. Cet objet comporte tous travaux de conditionnement ou de première transformation de la tôle revêtue, notamment son parachèvement
Full purpose

L'industrie du revêtement de la tôle. Cet objet comporte tous travaux de conditionnement ou de première transformation de la tôle revêtue, notamment son parachèvement.

Structure & network

Connections & network

17 connected companies
Linked via shared directors
Show 13 more companies with a shared director

Capital and shareholders

Capital over the years
  1. 15-01-2024 Capital stated in the act · 12,500,000 EUR · 99,004 shares
  2. 22-07-2004 Capital stated in the act · 24,751,000 EUR · 99,004 shares

Recognitions · licences · registrations

Legal Entity Identifier

967600F6L2WGA6VNQD15
live in the LEI register

Similar companies · same sector, comparable size

Of 710 companies in sector 25510 we hold annual accounts for 409. 83 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded22-12-1982
Fiscal year end31-03
Abbreviation FR SEGAL
Activities, NACEBEL 2025
25510Coating of metals
Contact
E-mail secretariat@segal.be
E-mail vincent.marbaise@tatasteeleurope.comFlémalle
Phone 042737300Flémalle

Scores and ratios are computed by Checked and are not a credit decision.