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 2024 and 2025.
Financials
Financial year 2025
SG PROPERTIES from Mechelen, company number BE0536511552, closed financial year 2025 with a result of € -140,787 after tax. For that financial year SG PROPERTIES recorded a gross margin of € 302,738 and equity of € 714,289. Compared with financial year 2024, the result moved from € -143,176 to € -140,787. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 714,289
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -140,787
▲ 2 % less loss than in 2024
Profit after tax over the fiscal year.
€ 94,505
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -785,711.
Debts at end 2025
€ 2.7 million
▼ 26% vs 2024
Loans from banks and other lenders, long and short.
€ 5,757
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 321,634 | € 302,099 | € 283,489 | € 302,738 | ▲ 7% |
| Profit after taxes | € 30,057 | € 8,215 | € -143,176 | € -140,787 | ▲ € 2,389 |
| Equity | € 990,037 | € 998,252 | € 855,076 | € 714,289 | ▼ 16% |
| Total debts | € 3,582,926 | € 3,640,925 | € 3,835,910 | € 2,722,298 | ▼ 29% |
| Cash | € 977,218 | € 1,242,234 | € 1,278,786 | € 94,505 | ▼ 93% |
| Land & buildings | € 3,450,778 | € 3,283,522 | € 3,112,416 | € 2,960,196 | ▼ 5% |
| Retained profit | € -509,963 | € -501,748 | € -644,924 | € -785,711 | ▼ € 140,787 |
| Bank debt | € 3,563,970 | € 3,620,737 | € 3,644,099 | € 2,691,462 | ▼ 26% |
| Balance sheet total | € 4,572,963 | € 4,639,177 | € 4,690,986 | € 3,436,586 | ▼ 27% |
Key figures of SG PROPERTIES, 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 SG PROPERTIES?
What happened at SG PROPERTIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 140,787. Source: NBB ↗
- Eivind Gunvaldsen became a director. NBB
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,057 profit in 2022 to € 140,787 loss in 2025.
Best year ever: 2022, with € 30,057 profit.
Management
Behind SG PROPERTIES is Eivind Gunvaldsen. Eivind Gunvaldsen is also behind SG LIGHTING SA/NV.
Directors
According to the 2025 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Blokhuisstraat 47
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →WVG
€ 331,303 gross margin · 2025
SG LIGHTING SA/NV same network
€ 34.1 million revenue · 2025
VAN MULDERS & CO
€ 6 million revenue · 2025
SG BTW-EENHEID
Vereniging van Mede-eigenaars Blokhuisstraat-Vrouwvliet KMO Park, Mechelen
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0536.511.552
- VAT number
- BE 0536.511.552
- Registered office
- Blokhuisstraat 47, 2800 Mechelen
- Names & denominations
- SG PROPERTIES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 July 2013
- Peppol
- Active · Active since 31 Mar 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen