Financials
Financial year 2024
SOCIETE EUROPEENNE DE TRANSFORMATION DE MATIERES from Herstal, company number BE0415027069, closed financial year 2024 with a result of € 1,426 after tax. For that financial year SOCIETE EUROPEENNE DE TRANSFORMATION DE MATIERES recorded a gross margin of € 58,052 and equity of € 86,382. Compared with financial year 2023, the result moved from € 1,691 to € 1,426. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2025.
€ 86,382
▲ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,426
▼ 16% vs 2023
Profit after tax over the fiscal year.
€ 117,919
▲ € 94,413 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 55,396.
People and assets in 2024
€ 19,475
▼ 62% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 24,281
▼ 41% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 29,836
▼ 32% vs 2023
€ 15,370 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 69,921
▼ 31% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 6,138
▼ 64% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 80,725 | € 89,296 | € 102,398 | € 58,052 | ▼ 43% |
| Profit after taxes | € 26,007 | € -314 | € 1,691 | € 1,426 | ▼ 16% |
| Equity | € 83,579 | € 83,265 | € 84,957 | € 86,382 | ▲ 2% |
| Total debts | € 283,034 | € 235,430 | € 247,112 | € 184,840 | ▼ 25% |
| Cash | € 16,138 | € 26,747 | € 23,505 | € 117,919 | ▲ € 94,413 |
| Retained profit | € 52,592 | € 52,279 | € 53,970 | € 55,396 | ▲ 3% |
| Bank debt | € 87,459 | € 65,168 | € 44,193 | € 29,836 | ▼ 32% |
| Balance sheet total | € 366,613 | € 318,695 | € 332,069 | € 271,223 | ▼ 18% |
Key figures of SOCIETE EUROPEENNE DE TRANSFORMATION DE MATIERES, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SOCIETE EUROPEENNE DE TRANSFORMATION DE MATIERES?
What happened at SOCIETE EUROPEENNE DE TRANSFORMATION DE MATIERES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 1,426 (▼ 16% vs 2023). Source: NBB ↗
- New establishment in Herstal. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,007 profit in 2021 to € 1,426 profit in 2024.
Paid € 12,131 in corporate taxes since 2021.
Best year ever: 2021, with € 26,007 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind SOCIETE EUROPEENNE DE TRANSFORMATION DE MATIERES are VIVIANE VANEVERCOOREN, NESTOR PHILIPPE and MICHEL PHILIPPE.
Directors
According to the 2024 annual accounts
VIVIANE VANEVERCOOREN
Administrator-manager
NESTOR PHILIPPE
Administrator-manager
MICHEL PHILIPPE
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Place de la Licourt 12
4040 Herstal
Rue Paul Janson 88
4040 Herstal
Active since 31 January 1991
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0415.027.069
- VAT number
- BE 0415.027.069
- Registered office
- Place de la Licourt 12, 4040 Herstal
- Names & denominations
- SOCIETE EUROPEENNE DE TRANSFORMATION DE MATIERES · SETRANSMAT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 March 1975
- Peppol
- Active · Active since 5 Sept 2025
- Activities · NACE
Groothandel in elektrisch materiaal, inclusief installatiemateriaal