Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SSA SPORTING GOODS from Oostende, company number BE0405217894, closed financial year 2025 with a result of € 2.5 million after tax. For that financial year SSA SPORTING GOODS recorded revenue of € 41.1 million and equity of € 15.1 million. Compared with financial year 2024, the result moved from € 1.6 million to € 2.5 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 15.1 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.5 million
▲ 60% vs 2024
Profit after tax over the fiscal year.
€ 3 million
▲ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.4 million paid out
56 % of the profit went to the shareholders, mostly to SSA HOLDING (100 % of the shares). That is where the money ends up.
People and assets in 2025
33.1
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▼ 2% vs 2024
€ 52,700 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.
€ 8.3 million
▼ 6% vs 2024
Of which on lease € 8.2 million.
Debts at end 2025
€ 9 million
▼ 4% vs 2024
€ 584,372 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 5.3 million
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 53 days on average.
€ 344,143
▲ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 41,247,836 | € 40,946,138 | € 40,845,932 | € 41,143,651 | ▲ 1% |
| Profit after taxes | € 1,712,045 | € 1,559,010 | € 1,568,826 | € 2,505,192 | ▲ 60% |
| Equity | € 11,552,132 | € 12,761,143 | € 13,979,968 | € 15,085,161 | ▲ 8% |
| Total debts | € 21,872,259 | € 18,178,428 | € 16,554,022 | € 17,537,284 | ▲ 6% |
| Cash | € 1,245,867 | € 2,207,389 | € 2,589,373 | € 2,973,411 | ▲ 15% |
| Retained profit | € 11,266,132 | € 12,475,143 | € 13,693,968 | € 14,799,161 | ▲ 8% |
| Dividend | € 400,000 | € 350,000 | € 350,000 | € 1,400,000 | ▲ 300% |
| Bank debt | € 14,125,301 | € 12,226,813 | € 9,310,898 | € 8,973,895 | ▼ 4% |
| Balance sheet total | € 34,282,935 | € 31,560,441 | € 31,030,222 | € 33,090,020 | ▲ 7% |
| Employees (FTE) | 33.1 | 34.4 | 32.5 | 33.1 | ▲ 0.6 |
Key figures of SSA SPORTING GOODS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SSA SPORTING GOODS?
What happened at SSA SPORTING GOODS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.5 million (▲ 60% vs 2024). Source: NBB ↗
- JARC CommV. stepped down as director. NBB
- WumaS CommV. stepped down as director. NBB
- SSA Holding BV stepped down as director. NBB
- Ideetrix CommV. stepped down as director. NBB
- Jurobe CommV. stepped down as director. NBB
- New establishment in Oostende. KBO
- Ideetrix CommV. became a director. NBB
In short
From € 1.7 million profit in 2022 to € 2.5 million profit in 2025.
Paid € 1.8 million in corporate taxes since 2022.
Best year ever: 2025, with € 2.5 million profit.
Paid out € 2.5 million in dividends to the owners in total.
Management
The stake of SSA HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SSA SPORTING GOODSThe shares are held by SSA HOLDING (100%).
Directors
According to the 2025 annual accounts
Director · represented by Thibault Vanroose
since 2020 · until 2025
Director · represented by Axel Staelens
since 2020 · until 2026
Director · represented by Walter Staelens
since 2020 · until 2026
Director · represented by Ingrid Daeninck
since 2022 · until 2026
Managing director · represented by Gerald Staelens
since 2020 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
John Cordierlaan 15
8400 Oostende
Zandvoordestraat 530
8400 Oostende
Active since 2 November 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
DNS
Cloudflare DNS
Domain
Domain
ssa-archery.com
Registered
2011-07-29
Registrar
NameWeb BVBA
Expires
2026-07-29
Website info
Features
Security
Details
- Company number
- 0405.217.894
- VAT number
- BE 0405.217.894
- Registered office
- John Cordierlaan 15, 8400 Oostende
- Names & denominations
- SSA SPORTING GOODS · SSA · SSA ARCHERY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 19 Nov 2025
- Contact
- ssa-archery.com
- Activities · NACE
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