SETIM is registered with the CBE as active in: Winning van zand. Private Limited, started on 27 March 2001, 1 establishment.

What is the address of SETIM?

The registered office of SETIM is located at Au Village,Tontelange 2, 6717 Attert.

Is SETIM still active?

Yes. According to the CBE (30 October 2026) SETIM is active, legal situation “Normale toestand”, started on 27 March 2001.

Is SETIM registered on Peppol?

Yes, SETIM is registered on the Peppol network with ID 0208:0474307036.

What is the enterprise number of SETIM?

The enterprise number of SETIM is BE0474307036.

When was SETIM founded?

SETIM was founded on 27 March 2001.

Who are the directors of SETIM?

According to the 2024 annual accounts, the directors of SETIM are: RECYFINA SA.

Is SETIM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 March 2001; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did SETIM make in 2024?

SETIM posted a profit after taxes of € 498,038 in financial year 2024.

What is the revenue of SETIM?

As a small company, SETIM is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 1,690,292.

How much does an employee at SETIM earn?

The average wage cost per full-time employee at SETIM was € 57,200 in 2024: staff costs of € 400,216 for 7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SETIM have?

According to the 2024 annual accounts, SETIM has 7 full-time equivalents (FTE).

SETIM (Private Limited) - Attert - BE0474307036

Dossier SETIM, printed on 30 October 2026 from databakkes.be/en/0474307036/setim. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2024

SETIM from Attert, company number BE0474307036, closed financial year 2024 with a result of € 498,038 after tax. For that financial year SETIM recorded a gross margin of € 1.7 million and equity of € 902,335. Compared with financial year 2023, the result moved from € 445,944 to € 498,038. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2025.

What it is worth Healthy

€ 902,335

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 498,038

▲ 12% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 434,258

▲ 73% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 500,000 paid out

100 % of the profit went to the shareholders, mostly to RECYFINA S.A. (100 % of the shares). That is where the money ends up.

People and assets in 2024

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 400,216

▲ 3% vs 2023

€ 57,200 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.

Vehicles and equipment

€ 209,498

▼ 46% vs 2023

Of which on lease € 204,026.

Debts at end 2024

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.2 million

▼ 21% vs 2023

€ 650,227 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 633,331

▲ 18% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 73,090

▲ 3% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 1,450,657 Gross margin 2021: € 1,450,657 First fiscal year in the series	€ 1,604,135 Gross margin 2022: € 1,604,135 ▲ 11% vs 2021 (€ 1,450,657) Favourable step	€ 1,695,125 Gross margin 2023: € 1,695,125 ▲ 6% vs 2022 (€ 1,604,135) Favourable step	€ 1,690,292 Gross margin 2024: € 1,690,292 Unchanged (€ 1,695,125) Unfavourable step
Profit after taxes	€ 398,106 Profit after taxes 2021: € 398,106 First fiscal year in the series	€ 346,237 Profit after taxes 2022: € 346,237 ▼ 13% vs 2021 (€ 398,106) Unfavourable step	€ 445,944 Profit after taxes 2023: € 445,944 ▲ 29% vs 2022 (€ 346,237) Favourable step	€ 498,038 Profit after taxes 2024: € 498,038 ▲ 12% vs 2023 (€ 445,944) Favourable step	▲ 12%
Equity	€ 762,116 Equity 2021: € 762,116 First fiscal year in the series	€ 758,353 Equity 2022: € 758,353 Unchanged (€ 762,116) Unfavourable step	€ 904,297 Equity 2023: € 904,297 ▲ 19% vs 2022 (€ 758,353) Favourable step	€ 902,335 Equity 2024: € 902,335 Unchanged (€ 904,297) Unfavourable step
Total debts	€ 3,108,317 Total debts 2021: € 3,108,317 First fiscal year in the series	€ 2,860,565 Total debts 2022: € 2,860,565 ▼ 8% vs 2021 (€ 3,108,317) Favourable step	€ 2,396,245 Total debts 2023: € 2,396,245 ▼ 16% vs 2022 (€ 2,860,565) Favourable step	€ 2,389,289 Total debts 2024: € 2,389,289 Unchanged (€ 2,396,245) Favourable step
Cash	€ 238,565 Cash 2021: € 238,565 First fiscal year in the series	€ 150,811 Cash 2022: € 150,811 ▼ 37% vs 2021 (€ 238,565) Unfavourable step	€ 250,411 Cash 2023: € 250,411 ▲ 66% vs 2022 (€ 150,811) Favourable step	€ 434,258 Cash 2024: € 434,258 ▲ 73% vs 2023 (€ 250,411) Favourable step	▲ 73%
Land & buildings	€ 92,742 Land & buildings 2021: € 92,742 First fiscal year in the series	€ 73,520 Land & buildings 2022: € 73,520 ▼ 21% vs 2021 (€ 92,742) Unchanged	€ 139,797 Land & buildings 2023: € 139,797 ▲ 90% vs 2022 (€ 73,520) Unchanged	€ 112,940 Land & buildings 2024: € 112,940 ▼ 19% vs 2023 (€ 139,797) Unchanged	▼ 19%
Retained profit	€ 387,116 Retained profit 2021: € 387,116 First fiscal year in the series	€ 383,353 Retained profit 2022: € 383,353 ▼ 1% vs 2021 (€ 387,116) Unfavourable step	€ 529,297 Retained profit 2023: € 529,297 ▲ 38% vs 2022 (€ 383,353) Favourable step	€ 527,335 Retained profit 2024: € 527,335 Unchanged (€ 529,297) Unfavourable step
Dividend	€ 275,000 Dividend 2021: € 275,000 First fiscal year in the series	€ 350,000 Dividend 2022: € 350,000 ▲ 27% vs 2021 (€ 275,000) Unchanged	€ 300,000 Dividend 2023: € 300,000 ▼ 14% vs 2022 (€ 350,000) Unchanged	€ 500,000 Dividend 2024: € 500,000 ▲ 67% vs 2023 (€ 300,000) Unchanged	▲ 67%
Bank debt	€ 2,486,211 Bank debt 2021: € 2,486,211 First fiscal year in the series	€ 1,907,162 Bank debt 2022: € 1,907,162 ▼ 23% vs 2021 (€ 2,486,211) Favourable step	€ 1,489,283 Bank debt 2023: € 1,489,283 ▼ 22% vs 2022 (€ 1,907,162) Favourable step	€ 1,180,668 Bank debt 2024: € 1,180,668 ▼ 21% vs 2023 (€ 1,489,283) Favourable step	▼ 21%
Balance sheet total	€ 3,870,432 Balance sheet total 2021: € 3,870,432 First fiscal year in the series	€ 3,621,418 Balance sheet total 2022: € 3,621,418 ▼ 6% vs 2021 (€ 3,870,432) Unchanged	€ 3,303,042 Balance sheet total 2023: € 3,303,042 ▼ 9% vs 2022 (€ 3,621,418) Unchanged	€ 3,291,624 Balance sheet total 2024: € 3,291,624 Unchanged (€ 3,303,042) Unchanged
Employees (FTE)	7.3 Employees (FTE) 2021: 7.3 First fiscal year in the series	7.2 Employees (FTE) 2022: 7.2 ▼ 0.1 vs 2021 (7.3) Unchanged	7 Employees (FTE) 2023: 7 ▼ 0.2 vs 2022 (7.2) Unchanged	7 Employees (FTE) 2024: 7 Unchanged (7) Unchanged

Key figures of SETIM, 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 SETIM?

What happened at SETIM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 23, 2025 New annual accounts for financial year 2024: profit of € 498,038 (▲ 12% vs 2023). Source: NBB ↗
2021 RECYFINA SA became a director. NBB
Jul 2, 2001 New establishment in Attert. KBO
Mar 27, 2001 Start of the company according to the CBE. KBO

In short

From € 398,106 profit in 2021 to € 498,038 profit in 2024.

Paid € 476,836 in corporate taxes since 2021.

Best year ever: 2024, with € 498,038 profit.

On average € 241,500 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

RECYFINA S.A. 100%

SETIM

Behind SETIM is RECYFINA SA. The shares are held by RECYFINA S.A. (100%).

Directors

According to the 2024 annual accounts

RECYFINA SA

Director · represented by Franck SERTIC

since 2021

Shareholders

RECYFINA S.A.

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Au Village,Tontelange 2

6717 Attert

2.094.363.820

Tontelange 2

6717 Attert

Active since 2 July 2001

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0474.307.036

VAT number

BE 0474.307.036

Registered office

Au Village,Tontelange 2, 6717 Attert

Names & denominations

SETIM

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

27 March 2001

Peppol

Active · Active since 30 Dec 2025

Contact

[email protected]

Activities · NACE

Winning van zand

Winning van grind

Bouwrijp maken van terreinen

Grondverzet

View on CBE Public ↗ Annual accounts (NBB) ↗

SETIM

Financials

What happened to SETIM?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions