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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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
SBDW from Wavre, company number BE0473206085, closed financial year 2026 with a result of € -18,897 after tax. For that financial year SBDW recorded a gross margin of € 2.1 million and equity of € 340,510. Compared with financial year 2025, the result moved from € -15,531 to € -18,897. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 22, 2026.
€ 340,510
▼ 5% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,897
▼ 22 % more loss than in 2025
Profit after tax over the fiscal year.
€ 148,523
▼ 56% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 278,010.
People and assets in 2026
44.3
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▼ 9% vs 2025
€ 38,400 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.
€ 124,767
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 1.4 million
▲ 14% vs 2025
€ 561,128 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2.9 million
▼ 9% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 220,304
▼ 15% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 11,145,268 | € 11,517,696 | - | - | |
| Gross margin | - | € 2,083,563 | € 2,262,191 | € 2,133,934 | ▼ 6% |
| Profit after taxes | € 143,827 | € -41,541 | € -15,531 | € -18,897 | ▼ € 3,366 |
| Equity | € 416,479 | € 374,938 | € 359,407 | € 340,510 | ▼ 5% |
| Total debts | € 3,921,466 | € 4,624,939 | € 4,814,828 | € 4,593,206 | ▼ 5% |
| Cash | € 496,461 | € 502,853 | € 336,091 | € 148,523 | ▼ 56% |
| Land & buildings | - | - | € 235,208 | € 228,400 | ▼ 3% |
| Retained profit | € 353,979 | € 312,438 | € 296,907 | € 278,010 | ▼ 6% |
| Bank debt | € 1,136,290 | € 1,202,831 | € 1,218,362 | € 1,384,266 | ▲ 14% |
| Balance sheet total | € 4,362,527 | € 4,999,877 | € 5,174,235 | € 4,933,716 | ▼ 5% |
| Employees (FTE) | 42.9 | 45.8 | 44.3 | 44.3 |
Key figures of SBDW, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to SBDW?
What happened at SBDW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LEVANTE INVEST représentée par CDL Strategy SA SCRL stepped down as director. NBB
- Dole Invest stepped down as director. NBB
- Carine Schmitz stepped down as director. NBB
- GW SRL stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 18,897. Source: NBB ↗
- LEVANTE INVEST représentée par CDL Strategy SA SCRL became a director. NBB
- New establishment in Brussel. KBO
- Dole Invest became a director. NBB
In short
From € 143,827 profit in 2023 to € 18,897 loss in 2026.
Paid € 20,175 in corporate taxes since 2023.
Best year ever: 2023, with € 143,827 profit.
On average € 48,200 of value added per employee in 2026.
Management
The shares are held by Sylvie JANSSENS, Mahaux Consult SRL, Dominique LEBLAN, Godefroy BARON DE WOELMONT, Mélanie MAHAUX and Yves STINGLHAMBER.
Directors
According to the 2026 annual accounts
Dole Invest
Managing director · represented by Dominique Leblan
since 2021 · until 2027
LEVANTE INVEST représentée par CDL Strategy SA SCRL
Director · represented by Luc Luyten
since 2024 · until 2030
Carine Schmitz
Director
since 2021 · until 2027
Director · represented by Godefroid De Woelmont
since 2021 · until 2027
Shareholders
Sylvie JANSSENS
Dominique LEBLAN
Godefroy BARON DE WOELMONT
Mélanie MAHAUX
Yves STINGLHAMBER
Dominique DHEEDENE
Yves RIES
Pascal GONTY
Alain MAKA
Lisa VON BEUST
Didier WOITRIN
Thierry JOURQUIN
Chantal VAN MULDERS
Bernard COLLE
Alex HUART
Herve DEBONTRIDDER
Darius BLASBAND
Michel MAHAUX
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Boulevard de l'Europe 137 box B
1300 Wavre
Rue de la Gare Fleurie(JB) 16 box 2
5100 Namur
Active since 13 September 2003
Place des Grands Prés 1
7000 Mons
Active since 15 June 2006
Place Emile Buisset 2
6000 Charleroi
Active since 15 June 2006
Rue des Dominicains 24
4000 Liège
Active since 1 March 2015
Place de l'Université 20
1348 Ottignies-Louvain-la-Neuve
Active since 1 March 2015
Zandstraat 20
1000 Brussel
Active since 1 March 2015
Rue de l'Ouvrage 16
5000 Namur
Active since 1 March 2015
Waterloosesteenweg 752
1180 Ukkel
Active since 1 March 2015
Sint-Lambertusstraat 120-122
1200 Sint-Lambrechts-Woluwe
Active since 1 March 2015
Picardstraat 13
1000 Brussel
Active since 8 September 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.206.085
- VAT number
- BE 0473.206.085
- Registered office
- Boulevard de l'Europe 137 bus B, 1300 Wavre
- Names & denominations
- SBDW
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 November 2000
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Detailhandel in kranten en andere tijdschriften
Detailhandel in boeken, kranten, tijdschriften en kantoorbehoeften
Detailhandel in boeken
Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels
Detailhandel in elektrische huishoudapparaten
Overige niet-gespecialiseerde detailhandel
Detailhandel in spellen en speelgoed
Detailhandel in elektrische huishoudapparaten en in audio- en videoapparatuur
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