Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 129.5 to 104.1.
Financials
Financial year 2025
SPORTS AND LEISURE GROUP from Sint-Niklaas, company number BE0456847333, closed financial year 2025 with a result of € -6.4 million after tax. For that financial year SPORTS AND LEISURE GROUP recorded revenue of € 88.6 million and equity of € 27.2 million. Compared with financial year 2024, the result moved from € 1.2 million to € -6.4 million. The company made a loss. 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 28, 2026.
€ 27.2 million
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6.4 million
▼ still € 1.2 million profit in 2024
Profit after tax over the fiscal year.
€ 5 million
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 27.2 million.
People and assets in 2025
104.1
▼ 13.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.3 million
▼ 3% vs 2024
€ 70,200 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.
€ 420,519
▲ 19% vs 2024
Of which on lease € 270,782.
Debts at end 2025
€ 24.5 million
▲ 41% vs 2024
€ 76,057 is repaid this year. At this pace the long-term loan is gone in ≈ 319 years.
€ 28.3 million
▲ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 140 days on average.
€ 2.9 million
▼ 41% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 94,042,938 | € 93,074,759 | € 89,601,791 | € 88,582,785 | ▼ 1% |
| Profit after taxes | € 6,039,860 | € 1,284,359 | € 1,177,605 | € -6,367,032 | ▼ € 7.5 million |
| Equity | € 35,331,535 | € 32,415,894 | € 33,593,500 | € 27,226,468 | ▼ 19% |
| Total debts | € 45,863,964 | € 46,391,280 | € 45,525,426 | € 57,139,524 | ▲ 26% |
| Cash | € 5,645,251 | € 5,860,418 | € 6,620,284 | € 5,042,342 | ▼ 24% |
| Retained profit | € 35,261,535 | € 32,345,894 | € 33,523,500 | € 27,156,468 | ▼ 19% |
| Dividend | € 0 | € 4,200,000 | € 0 | € 0 | |
| Bank debt | € 19,070,833 | € 16,929,173 | € 17,312,736 | € 24,489,615 | ▲ 41% |
| Balance sheet total | € 81,690,499 | € 79,288,527 | € 79,600,279 | € 84,555,992 | ▲ 6% |
| Employees (FTE) | 136 | 129.5 | 117.5 | 104.1 | ▼ 13.4 |
Key figures of SPORTS AND LEISURE GROUP, 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 SPORTS AND LEISURE GROUP?
What happened at SPORTS AND LEISURE GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michael Vogel stepped down as director. NBB
- Jan Teekens stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 6.4 million (▼ € 7.5 million vs 2024). Source: NBB ↗
- Michael Vogel became a director. NBB
- Jan Teekens became a director. NBB
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 6 million profit in 2022 to € 6.4 million loss in 2025.
Paid € 5.8 million in corporate taxes since 2022.
Best year ever: 2022, with € 6 million profit.
Paid out € 4.2 million in dividends to the owners in total.
A new publication or filing at SPORTS AND LEISURE GROUP? We notify you, reason included.
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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 SLG Invest NV (100%) and The Grass Company BV (0%). It owns 100% of Domo Sports Grass Maroc SARL AU, 100% of Artificial Grass London Ltd., 100% of Artificial Grass Direct Ltd., 100% of ScanTurf AS, 100% of Nomow International Ltd. and 100% of Green Touch SAS itself.
Directors
According to the 2025 annual accounts
Michael Vogel
Managing director
since 2025 · until 2031
Jan Teekens
Director
since 2025 · until 2031
Shareholders
Participations
Domo Sports Grass Maroc SARL AU
100%
Artificial Grass London Ltd.
100%
Artificial Grass Direct Ltd.
100%
ScanTurf AS
100%
Nomow International Ltd.
100%
Green Touch SAS
100%
100%
SPORTSLG India Private Limited
99%
Establishments
Establishment units
Physical locations of this company
Industriepark-West 43
9100 Sint-Niklaas
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0456.847.333
- VAT number
- BE 0456.847.333
- Registered office
- Industriepark-West 43, 9100 Sint-Niklaas
- Names & denominations
- SPORTS AND LEISURE GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 1996
- Peppol
- Active · Active since 11 Dec 2025
- Contact
- slgroup.be
- Activities · NACE
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