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 8.4 to 5.3.
Financials
Financial year 2025
SANDAK - SCHAFFRATH from Gent, company number BE0471677247, closed financial year 2025 with a result of € 30,084 after tax. For that financial year SANDAK - SCHAFFRATH recorded a gross margin of € 382,760 and equity of € 285,784. Compared with financial year 2024, the result moved from € 31,272 to € 30,084. The company is profitable. 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 14, 2026.
€ 285,784
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,084
▼ 4% vs 2024
Profit after tax over the fiscal year.
€ 171,875
▲ 125% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 20,000 paid out
66 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
5.3
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 251,283
▼ 16% vs 2024
€ 47,400 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.
€ 183,737
▼ 2% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 237,224
▲ 10% vs 2024
€ 57,770 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 104,456
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,059
▼ 11% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 502,119 | € 536,715 | € 421,425 | € 382,760 | ▼ 9% |
| Profit after taxes | € 50,923 | € 50,333 | € 31,272 | € 30,084 | ▼ 4% |
| Equity | € 250,894 | € 295,228 | € 276,100 | € 285,784 | ▲ 4% |
| Total debts | € 429,309 | € 386,585 | € 402,684 | € 404,170 | |
| Cash | € 130,488 | € 89,323 | € 76,382 | € 171,875 | ▲ 125% |
| Land & buildings | € 5,638 | € 4,511 | € 3,383 | € 2,255 | ▼ 33% |
| Retained profit | € 194,094 | € 239,428 | € 220,700 | € 279,584 | ▲ 27% |
| Dividend | € 50,000 | € 5,000 | € 50,000 | € 20,000 | ▼ 60% |
| Bank debt | € 271,889 | € 213,012 | € 215,290 | € 237,224 | ▲ 10% |
| Balance sheet total | € 680,203 | € 681,813 | € 678,784 | € 689,954 | ▲ 2% |
| Employees (FTE) | 8.8 | 8.4 | 6.2 | 5.3 | ▼ 0.9 |
Key figures of SANDAK - SCHAFFRATH, 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.
What happened to SANDAK - SCHAFFRATH?
What happened at SANDAK - SCHAFFRATH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 30,084 (▼ 4% vs 2024). Source: NBB ↗
- New establishment in Lievegem. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 50,923 profit in 2022 to € 30,084 profit in 2025.
Paid € 75,847 in corporate taxes since 2022.
Best year ever: 2022, with € 50,923 profit.
On average € 72,200 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Nekkersputstraat 257
9000 Gent
Sportstraat 4
9920 Lievegem
Active since 1 December 2014
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
Details
- Company number
- 0471.677.247
- VAT number
- BE 0471.677.247
- Registered office
- Nekkersputstraat 257, 9000 Gent
- Names & denominations
- SANDAK - SCHAFFRATH · SANDAK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 April 2000
- Peppol
- Active · Active since 11 Dec 2025
- Contact
- sandak.be
- Activities · NACE
Sanitaire werkzaamheden
Overig loodgieterswerk
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Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van verwarming, klimaatregeling en ventilatie
Isolatiewerkzaamheden