Financials
Financial year 2025
Société Européenne de Galvanisation from Flémalle, company number BE0423596525, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year Société Européenne de Galvanisation recorded revenue of € 73.1 million and equity of € 14 million. Compared with financial year 2024, the result moved from € 1.7 million to € 1.7 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2025.
€ 14 million
▼ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▼ 1% vs 2024
Profit after tax over the fiscal year.
€ 187,261
▲ € 149,733 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5.5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
143
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 16.3 million
▲ 5% vs 2024
€ 114,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 39,417
▲ € 33,163 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 13.5 million
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 95 days on average.
€ 5.8 million
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 93,387,033 | € 85,023,251 | € 73,121,440 | ▼ 14% |
| Profit after taxes | € 2,383,108 | € 1,705,275 | € 1,680,941 | ▼ 1% |
| Equity | € 16,159,871 | € 17,865,146 | € 14,046,087 | ▼ 21% |
| Total debts | € 21,485,374 | € 20,136,119 | € 25,183,367 | ▲ 25% |
| Cash | € 25,258 | € 37,528 | € 187,261 | ▲ € 149,733 |
| Land & buildings | € 1,794,694 | € 1,799,786 | € 1,725,744 | ▼ 4% |
| Retained profit | € 3,659,871 | € 5,365,146 | € 1,546,087 | ▼ 71% |
| Dividend | € 18,900,000 | € 0 | € 5,500,000 | |
| Balance sheet total | € 38,863,417 | € 39,846,865 | € 41,449,454 | ▲ 4% |
| Employees (FTE) | 137.4 | 142.6 | 143 | ▲ 0.4 |
Key figures of Société Européenne de Galvanisation, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to Société Européenne de Galvanisation?
What happened at Société Européenne de Galvanisation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Coenraad Jan SPAANS stepped down as director. NBB
- Martine Gerrie BREDEWOLD stepped down as director. NBB
- Benjamin Cornelis KAGER stepped down as director. NBB
- Vincent Jelte HOFMAN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.7 million (▼ 1% vs 2024). Source: NBB ↗
- Vincent Jelte HOFMAN became a director. NBB
- Martine Gerrie BREDEWOLD became a director. NBB
- Benjamin Cornelis KAGER became a director. NBB
In short
From € 2.4 million profit in 2023 to € 1.7 million profit in 2025.
Paid € 2.3 million in corporate taxes since 2023.
Best year ever: 2023, with € 2.4 million profit.
Paid out € 24.4 million in dividends to the owners in total.
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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
The shares are held by TATA STEEL IJMUIDEN BV (100%) and TATA STEEL NEDERLAND BV (0%).
Directors
According to the 2025 annual accounts
Benjamin Cornelis KAGER
Director
since 2023 · until 2026
Vincent Jelte HOFMAN
Director
since 2023 · until 2026
Coenraad Jan SPAANS
Chairman of the board
since 2023 · until 2027
Martine Gerrie BREDEWOLD
Director
since 2023 · until 2027
Shareholders
TATA STEEL IJMUIDEN BV
100%
TATA STEEL NEDERLAND BV
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Chaussée de Ramioul(IVR) 50
4400 Flémalle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.596.525
- VAT number
- BE 0423.596.525
- Registered office
- Chaussée de Ramioul(IVR) 50, 4400 Flémalle
- Names & denominations
- Société Européenne de Galvanisation · SEGAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 1982
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- [email protected]
- Activities · NACE
Coating van metalen
Oppervlaktebehandeling en bekleding van metaal
Oppervlaktebehandeling van metalen