Financials
Financial year 2025
SHARPENSET ENGINEERING from Torhout, company number BE0477869708, closed financial year 2025 with a result of € 34,823 after tax. For that financial year SHARPENSET ENGINEERING recorded a gross margin of € 107,630 and equity of € 251,164. Compared with financial year 2024, the result moved from € 37,221 to € 34,823. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 251,164
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,823
▼ 6% vs 2024
Profit after tax over the fiscal year.
€ 1,603
▼ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 3,000 paid out
9 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 29,594
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 357,811
▼ 6% vs 2024
€ 19,903 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 41,002
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,214
▼ 28% 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 | € 115,061 | € 125,285 | € 107,088 | € 107,630 | ▲ 1% |
| Profit after taxes | € 50,530 | € 57,212 | € 37,221 | € 34,823 | ▼ 6% |
| Equity | € 154,908 | € 197,120 | € 219,341 | € 251,164 | ▲ 15% |
| Total debts | € 543,096 | € 664,160 | € 601,108 | € 544,824 | ▼ 9% |
| Cash | € 4,727 | € 40,999 | € 3,863 | € 1,603 | ▼ 59% |
| Land & buildings | € 510,769 | € 533,604 | € 523,432 | € 513,748 | ▼ 2% |
| Retained profit | € 144,908 | € 187,120 | € 209,341 | € 241,164 | ▲ 15% |
| Dividend | € 18,000 | € 15,000 | € 15,000 | € 3,000 | ▼ 80% |
| Bank debt | € 370,303 | € 393,866 | € 379,819 | € 357,811 | ▼ 6% |
| Balance sheet total | € 698,004 | € 861,280 | € 820,449 | € 795,988 | ▼ 3% |
Key figures of SHARPENSET ENGINEERING, 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 SHARPENSET ENGINEERING?
What happened at SHARPENSET ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 34,823 (▼ 6% vs 2024). Source: NBB ↗
- Harold Oscar Demoen became a director. NBB
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 50,530 profit in 2022 to € 34,823 profit in 2025.
Paid € 65,308 in corporate taxes since 2022.
Best year ever: 2023, with € 57,212 profit.
Paid out € 51,000 in dividends to the owners in total.
Management
Behind SHARPENSET ENGINEERING is Harold Oscar Demoen. Harold Oscar Demoen is also behind SORB.
Directors
According to the 2025 annual accounts
since 2011
Establishments
Establishment units
Physical locations of this company
Koolskampstraat 34
8820 Torhout
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
- 0477.869.708
- VAT number
- BE 0477.869.708
- Registered office
- Koolskampstraat 34, 8820 Torhout
- Names & denominations
- SHARPENSET ENGINEERING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2002
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Groothandel in machines voor de productie van voedings- en genotmiddelen
Reisbureaus
Activiteiten van toeristische informatiediensten
Activiteiten van reisbureaus
Reparatie en onderhoud van machines
Overige technische testen en toetsen
Activiteiten van hoofdkantoren
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
+2