Financials
Financial year 2025
SHERWIN PAINTING AND DECORATING CY from Kortenberg, company number BE0453885962, closed financial year 2025 with a result of € 390,866 after tax. For that financial year SHERWIN PAINTING AND DECORATING CY recorded a gross margin of € 944,731 and equity of € 797,976. Compared with financial year 2024, the result moved from € 287,344 to € 390,866. 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 April 2, 2026.
€ 797,976
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 390,866
▲ 36% vs 2024
Profit after tax over the fiscal year.
€ 259,803
▲ € 231,296 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 390,000 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
4.8
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 328,184
▲ 1% vs 2024
€ 68,400 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.
€ 129,276
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 97,150
▼ 33% vs 2024
€ 49,798 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 198,369
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 55,124
▲ 168% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 525,775 | € 802,032 | € 844,192 | € 944,731 | ▲ 12% |
| Profit after taxes | € 37,758 | € 234,874 | € 287,344 | € 390,866 | ▲ 36% |
| Equity | € 794,892 | € 794,766 | € 797,110 | € 797,976 | |
| Total debts | € 1,090,390 | € 795,213 | € 807,204 | € 750,452 | ▼ 7% |
| Cash | € 30,792 | € 75,932 | € 28,507 | € 259,803 | ▲ € 231,296 |
| Land & buildings | € 11,669 | € 8,534 | € 5,399 | € 2,612 | ▼ 52% |
| Retained profit | € 732,892 | € 732,766 | € 735,110 | € 735,976 | |
| Dividend | € 50,000 | € 235,000 | € 285,000 | € 390,000 | ▲ 37% |
| Bank debt | € 235,607 | € 191,208 | € 145,078 | € 97,150 | ▼ 33% |
| Balance sheet total | € 1,885,282 | € 1,589,979 | € 1,604,314 | € 1,548,428 | ▼ 3% |
| Employees (FTE) | 5.3 | 5 | 5 | 4.8 | ▼ 0.2 |
By gross margin, SHERWIN PAINTING AND DECORATING CY ranks 3rd of 76 companies with main activity “Schilderen” in Flemish Brabant that publish figures (fiscal year 2025).
Key figures of SHERWIN PAINTING AND DECORATING CY, 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 April 2027.
Ask about SHERWIN PAINTING AND DECORATING CY the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to SHERWIN PAINTING AND DECORATING CY?
What happened at SHERWIN PAINTING AND DECORATING CY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 390,866 (▲ 36% vs 2024). Source: NBB ↗
- Dimitri De Graeve became a director. NBB
- Kjaron CommV became a director. NBB
- New establishment in Kortenberg. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,758 profit in 2022 to € 390,866 profit in 2025.
Paid € 346,292 in corporate taxes since 2022.
Best year ever: 2025, with € 390,866 profit.
On average € 196,800 of value added per employee in 2025.
Management
Behind SHERWIN PAINTING AND DECORATING CY are Dimitri De Graeve and Kjaron CommV.
Directors
According to the 2025 annual accounts
Dimitri De Graeve
Managing director
since 2020
Director · represented by Kathy Verschooten
since 2020
Establishments
Establishment units
Physical locations of this company
Karel Van Miertstraat 3
3070 Kortenberg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0453.885.962
- VAT number
- BE 0453.885.962
- Registered office
- Karel Van Miertstraat 3, 3070 Kortenberg
- Names & denominations
- SHERWIN PAINTING AND DECORATING CY · SHERWIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 November 1994
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Schilderen
Schilderen van gebouwen
Plaatsen van vloer- en wandtegels
Waterdichtingswerken van muren
Smeden van metaal
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Projectontwikkeling voor woningbouw
+14