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 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SUMAR from Waasmunster, company number BE0436809311, closed financial year 2025 with a result of € 731 after tax. For that financial year SUMAR recorded a gross margin of € 31,443 and equity of € 132,875. Compared with financial year 2024, the result moved from € -21,686 to € 731. Profitable, and profit is growing. The buffer shrank hard: equity is 67 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 132,875
▼ 67% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 731
▲ still € 21,686 loss in 2024
Profit after tax over the fiscal year.
€ 1,443
▲ 206% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 272,900 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 5,530
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5,000
▼ 98% vs 2024
Loans from banks and other lenders, long and short.
€ 131
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,052
▲ € 5,970 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 179,174 | € 60,264 | € 5,989 | € 31,443 | ▲ € 25,454 |
| Profit after taxes | € 100,760 | € 17,802 | € -21,686 | € 731 | ▲ € 22,417 |
| Equity | € 478,928 | € 496,730 | € 405,044 | € 132,875 | ▼ 67% |
| Total debts | € 174,118 | € 195,110 | € 232,842 | € 316,796 | ▲ 36% |
| Cash | € 8,071 | € 74,578 | € 472 | € 1,443 | ▲ 206% |
| Land & buildings | € 473,696 | € 461,193 | € 452,136 | € 439,384 | ▼ 3% |
| Retained profit | € 453,928 | € 469,230 | € 377,544 | € 105,375 | ▼ 72% |
| Dividend | € 0 | € 0 | € 70,000 | € 272,900 | ▲ 290% |
| Bank debt | € 160,000 | € 190,000 | € 231,000 | € 5,000 | ▼ 98% |
| Balance sheet total | € 653,046 | € 691,840 | € 637,886 | € 449,670 | ▼ 30% |
Key figures of SUMAR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 July 2027.
What happened to SUMAR?
What happened at SUMAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 731. Source: NBB ↗
- New establishment in Waasmunster. KBO
- Nathalie Cogen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 100,760 profit in 2022 to € 731 profit in 2025.
Paid € 59,332 in corporate taxes since 2022.
Best year ever: 2022, with € 100,760 profit.
Paid out € 342,900 in dividends to the owners in total.
Management
Behind SUMAR is Nathalie Cogen.
Directors
According to the 2025 annual accounts
Nathalie Cogen
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Bosstraat 20
9250 Waasmunster
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.809.311
- VAT number
- BE 0436.809.311
- Registered office
- Bosstraat 20, 9250 Waasmunster
- Names & denominations
- SUMAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 1989
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
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