Financials
Financial year 2025
SAS from Tongeren-Borgloon, company number BE0480304309, closed financial year 2025 with a result of € 50,200 after tax. For that financial year SAS recorded a gross margin of € 119,122 and equity of € 121,093. Compared with financial year 2024, the result moved from € 27,481 to € 50,200. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 22, 2026.
€ 121,093
▲ 71% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,200
▲ 83% vs 2024
Profit after tax over the fiscal year.
€ 26,074
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 102,493.
People and assets in 2025
1
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 58,605
▲ 220% vs 2024
€ 58,600 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.
€ 32,923
▼ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 61,728
▼ 18% vs 2024
Loans from banks and other lenders, long and short.
€ 550,226
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,446
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 46,198 | € 71,326 | € 79,719 | € 119,122 | ▲ 49% |
| Profit after taxes | € 14,345 | € 25,084 | € 27,481 | € 50,200 | ▲ 83% |
| Equity | € 18,328 | € 43,412 | € 70,893 | € 121,093 | ▲ 71% |
| Total debts | € 613,387 | € 631,270 | € 757,729 | € 623,778 | ▼ 18% |
| Cash | € 21,604 | € 27,601 | € 111,670 | € 26,074 | ▼ 77% |
| Land & buildings | € 90,371 | € 86,799 | € 83,227 | € 92,661 | ▲ 11% |
| Retained profit | € -272 | € 24,812 | € 52,293 | € 102,493 | ▲ 96% |
| Bank debt | € 36,043 | € 33,255 | € 75,000 | € 61,728 | ▼ 18% |
| Balance sheet total | € 631,715 | € 674,682 | € 828,623 | € 744,871 | ▼ 10% |
| Employees (FTE) | 0.1 | 0.3 | 0.1 | 1 | ▲ 0.9 |
Key figures of SAS, 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 SAS?
What happened at SAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 50,200 (▲ 83% vs 2024). Source: NBB ↗
- Gert-Jan Sas became a director. NBB
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,345 profit in 2022 to € 50,200 profit in 2025.
Paid € 27,767 in corporate taxes since 2022.
Best year ever: 2025, with € 50,200 profit.
On average € 119,100 of value added per employee in 2025.
Management
Behind SAS is Gert-Jan Sas.
Directors
According to the 2025 annual accounts
Gert-Jan Sas
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Grootloonstraat 1136
3840 Tongeren-Borgloon
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0480.304.309
- VAT number
- BE 0480.304.309
- Registered office
- Grootloonstraat 1136, 3840 Tongeren-Borgloon
- Names & denominations
- SAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 June 2003
- Peppol
- Active · Active since 9 Feb 2026
- Activities · NACE
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