Financials
Financial year 2025
Worth noting
- Little cash and receivables against the short-term debts.
Gross margin
€ 234,214
▼ 23% vs 2024
Profit
Healthy€ 73,855
▼ 48% vs 2024
Debts
Low€ 1.3 million
▼ 15% vs 2024
switchSG from Sint-Niklaas, company number BE0534884427, closed financial year 2025 with a result of € 73,855 after tax. For that financial year switchSG recorded a gross margin of € 234,214 and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 140,964 to € 73,855. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
What happened at switchSG?
What happened at switchSG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 73,855 (▼ 48% vs 2024). Source: NBB ↗
- Sébastien Govaerts became a director. NBB
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 180,676 profit in 2021 to € 73,855 profit in 2025.
Paid € 218,084 in corporate taxes since 2021.
Best year ever: 2023, with € 256,805 profit.
Paid out € 308,715 in dividends to the owners in total.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
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Management
Behind switchSG is Sébastien Govaerts. It owns 100% of Special Lighting and 96.8% of Govaerts Elektro 2000 itself.
Directors
According to the 2025 annual accounts
Sébastien Govaerts
Director
Also active at: GOVAERTS - ELECTRICITEITSBENODIGDHEDEN, Govaerts elektro 2000
since 2023
Establishments
Establishment units
Physical locations of this company
Beeldstraat 69
9100 Sint-Niklaas
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0534.884.427
- VAT number
- BE 0534.884.427
- Registered office
- Beeldstraat 69, 9100 Sint-Niklaas
- Names & denominations
- switchSG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 June 2013
- Peppol
- Active · Active since 19 Sept 2025
- Activities · NACE
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