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 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SKY EUROPE from Herzele, company number BE0472379706, closed financial year 2025 with a result of € -14,552 after tax. For that financial year SKY EUROPE recorded a gross margin of € -5,826 and equity of € 658,484. Compared with financial year 2024, the result moved from € 46,798 to € -14,552. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 658,484
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,552
▼ still € 46,798 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 639,892.
Debts at end 2025
€ 34,845
▼ 41% vs 2024
Loans from banks and other lenders, long and short.
€ 15,400
▲ 111% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,981
▼ 67% 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 | € 31,052 | € -102,653 | € 75,189 | € -5,826 | ▼ € 81,015 |
| Profit after taxes | € -3,670 | € -143,499 | € 46,798 | € -14,552 | ▼ € 61,350 |
| Equity | € 769,737 | € 626,237 | € 673,036 | € 658,484 | ▼ 2% |
| Total debts | € 239,094 | € 276,002 | € 232,498 | € 278,497 | ▲ 20% |
| Cash | € 32,372 | - | - | - | |
| Land & buildings | € 345,746 | € 332,373 | € 333,400 | € 333,445 | |
| Retained profit | € 751,145 | € 607,645 | € 654,444 | € 639,892 | ▼ 2% |
| Bank debt | € 29,061 | € 59,331 | € 59,407 | € 34,845 | ▼ 41% |
| Balance sheet total | € 1,094,459 | € 906,165 | € 905,533 | € 936,981 | ▲ 3% |
Key figures of SKY EUROPE, 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 SKY EUROPE?
What happened at SKY EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,552 (▼ € 61,350 vs 2024). filed late Source: NBB ↗
- New establishment in Herzele. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,670 loss in 2022 to € 14,552 loss in 2025.
Paid € 62,425 in corporate taxes since 2022.
Best year ever: 2024, with € 46,798 profit.
Management
Behind SKY EUROPE are Martin Margull and Filip Van Droogenbroeck. It owns 25% of ASCALON SUENOS SL and 10% of Majster itself.
Establishments
Establishment units
Physical locations of this company
Arestraat 88
9550 Herzele
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0472.379.706
- VAT number
- BE 0472.379.706
- Registered office
- Arestraat 88, 9550 Herzele
- Names & denominations
- SKY EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 2000
- Peppol
- Active · Active since 19 Dec 2025
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