Financials
Financial year 2025
SZIVARVANY from Oostende, company number BE0473160159, closed financial year 2025 with a result of € 3 million after tax. For that financial year SZIVARVANY recorded a gross margin of € 58,126 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 2 million to € 3 million. Profitable, and profit is growing. The buffer shrank hard: equity is 61 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 23, 2026.
€ 1.9 million
▼ 61% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3 million
▲ 48% vs 2024
Profit after tax over the fiscal year.
€ 4.2 million
▲ € 3.6 million vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 6 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 32,448
▲ 61% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,427
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,858
▼ 19% 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 | € 28,655 | € 18,474 | € 30,759 | € 58,126 | ▲ 89% |
| Profit after taxes | € 986,189 | € 1,017,997 | € 2,046,940 | € 3,033,849 | ▲ 48% |
| Equity | € 4,766,973 | € 3,784,970 | € 4,831,911 | € 1,865,759 | ▼ 61% |
| Total debts | € 34,807 | € 57,202 | € 74,268 | € 5,083,937 | ▲ € 5 million |
| Cash | € 2,263,506 | € 68,895 | € 607,072 | € 4,202,463 | ▲ € 3.6 million |
| Retained profit | € 4,705,473 | € 3,723,470 | € 4,770,411 | € 1,804,259 | ▼ 62% |
| Dividend | € 1,000,000 | € 2,000,000 | € 1,000,000 | € 6,000,000 | ▲ € 5 million |
| Balance sheet total | € 4,801,780 | € 3,842,172 | € 4,906,178 | € 6,949,696 | ▲ 42% |
Key figures of SZIVARVANY, 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 SZIVARVANY?
What happened at SZIVARVANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Eva Smets stepped down as director. NBB
- Dirk Stans stepped down as director. NBB
- Luc Smets stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3 million (▲ 48% vs 2024). Source: NBB ↗
- Eva Smets became a director. NBB
- Dirk Stans became a director. NBB
- Luc Smets became a director. NBB
- New establishment in Oostende. KBO
In short
From € 986,189 profit in 2022 to € 3 million profit in 2025.
Paid € 31,950 in corporate taxes since 2022.
Best year ever: 2025, with € 3 million profit.
Paid out € 10 million in dividends to the owners in total.
Management
It owns 50% of Eurocircuits, 49% of MECHteam and 20% of Katanga itself.
Directors
According to the 2025 annual accounts
Eva Smets
Director
since 2022 · until 2028
since 2022 · until 2028
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Wandelaarkaai 7 box 67
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
DNS
AWS Route 53
Domain
Domain
eurocircuits.com
Registered
1999-03-25
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-03-25
Website info
Features
Security
Details
- Company number
- 0473.160.159
- VAT number
- BE 0473.160.159
- Registered office
- Wandelaarkaai 7 bus 67, 8400 Oostende
- Names & denominations
- SZIVARVANY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 2000
- Peppol
- Active · Active since 1 Nov 2025
- Contact
- eurocircuits.com
- Activities · NACE
Activiteiten van holdings
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Holdings
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Organisatie van congressen en beurzen
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Computerconsultancy-activiteiten
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