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 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SPARROW CONSTRUCT from Knokke-Heist, company number BE0471587175, closed financial year 2025 with a result of € -170,271 after tax. For that financial year SPARROW CONSTRUCT recorded a gross margin of € 378,885 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 11,530 to € -170,271. 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 24, 2026.
€ 1.1 million
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -170,271
▼ still € 11,530 profit in 2024
Profit after tax over the fiscal year.
€ 53,994
▲ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -374,789.
Debts at end 2025
€ 5.1 million
▲ 257% vs 2024
€ 310,417 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 7,100
▲ € 6,280 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 169 | € -1,412 | € 119,075 | € 378,885 | ▲ 218% |
| Profit after taxes | € -1,340 | € -8,511 | € 11,530 | € -170,271 | ▼ € 181,800 |
| Equity | € 112,464 | € 103,953 | € 1,240,482 | € 1,070,211 | ▼ 14% |
| Total debts | € 9,902 | € 155,661 | € 1,451,215 | € 5,103,218 | ▲ 252% |
| Cash | € 34,566 | € 3,469 | € 48,774 | € 53,994 | ▲ 11% |
| Land & buildings | € 81,591 | € 81,151 | € 2,621,416 | € 6,019,847 | ▲ 130% |
| Retained profit | € -207,536 | € -216,047 | € -204,518 | € -374,789 | ▼ € 170,271 |
| Bank debt | € 0 | € 75,000 | € 1,418,750 | € 5,066,667 | ▲ 257% |
| Balance sheet total | € 122,365 | € 259,613 | € 2,691,697 | € 6,173,429 | ▲ 129% |
Key figures of SPARROW CONSTRUCT, 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 SPARROW CONSTRUCT?
What happened at SPARROW CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 170,271 (▼ € 181,800 vs 2024). Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,341 loss in 2022 to € 170,271 loss in 2025.
Best year ever: 2024, with € 11,530 profit.
Management
The stake of VIANDYBEL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SPARROW CONSTRUCTBehind SPARROW CONSTRUCT is V.D.V.B.-IMMO BV. The shares are held by VIANDYBEL (100%).
Directors
According to the 2025 annual accounts
Director · represented by Hilde Van Belleghem
Also active at: VIANDYBEL, DE TRAITEUR
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
't Walletje 52
8300 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.587.175
- VAT number
- BE 0471.587.175
- Registered office
- 't Walletje 52, 8300 Knokke-Heist
- Names & denominations
- SPARROW CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 April 2000
- Peppol
- Active · Active since 16 Sept 2024
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen