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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Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Salmanazar from Zwevegem, company number BE0661721330, closed financial year 2025 with a result of € -139,833 after tax. For that financial year Salmanazar recorded a gross margin of € -7,042 and equity of € 522,382. Compared with financial year 2024, the result moved from € 175,043 to € -139,833. 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 27, 2026.
€ 522,382
▼ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -139,833
▼ still € 175,043 profit in 2024
Profit after tax over the fiscal year.
€ 28,414
▲ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 503,782.
Debts at end 2025
€ 179,370
▲ € 159,302 vs 2024
€ 167,181 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 13,898
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,627
▲ € 4,564 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 | € -3,723 | € -6,085 | € -5,228 | € -7,042 | ▼ € 1,813 |
| Profit after taxes | € -86,440 | € 9,692 | € 175,043 | € -139,833 | ▼ € 314,876 |
| Equity | € 477,480 | € 487,171 | € 662,214 | € 522,382 | ▼ 21% |
| Total debts | € 818,982 | € 1,037,953 | € 890,677 | € 1,135,596 | ▲ 27% |
| Cash | € 5,855 | € 1,194 | € 14,750 | € 28,414 | ▲ 93% |
| Retained profit | € 458,880 | € 468,571 | € 643,614 | € 503,782 | ▼ 22% |
| Bank debt | € 0 | € 1,235 | € 20,069 | € 179,370 | ▲ € 159,302 |
| Balance sheet total | € 1,296,461 | € 1,525,124 | € 1,552,892 | € 1,657,978 | ▲ 7% |
Key figures of Salmanazar, 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 Salmanazar?
What happened at Salmanazar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 139,833 (▼ € 314,876 vs 2024). Source: NBB ↗
- VIRGINIE VANGHELUWE became a director. NBB
- New establishment in Zwevegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 86,440 loss in 2022 to € 139,833 loss in 2025.
Paid € 1,665 in corporate taxes since 2022.
Best year ever: 2024, with € 175,043 profit.
Management
Behind Salmanazar is VIRGINIE VANGHELUWE. It owns 100% of Eddie Wollie BV, 100% of VICASA BV, 100% of Vincere Insieme BV, 50% of Demolar BV, 35.1% of Alpha & Omega Cleaning Products NV and 33.4% of Tulebug BV itself.
Directors
According to the 2025 annual accounts
VIRGINIE VANGHELUWE
Director
Also active at: WATERPAS, Vincere Insieme, Bruce Wayne, Demolar, CAUSA FINITA, VICASA, GENTIEL
since 2019
Establishments
Establishment units
Physical locations of this company
Comminnestraat(M) 12
8552 Zwevegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →WATERPAS same network
€ 17,414 gross margin · 2025
Vincere Insieme same network
€ 21,993 gross margin · 2025
Bruce Wayne same network
€ -16,344 gross margin · 2025
Eddie Wollie same network
€ 51,336 gross margin · 2025
Demolar same network
€ 89,561 gross margin · 2025
+1 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
- 0661.721.330
- VAT number
- BE 0661.721.330
- Registered office
- Comminnestraat(M) 12, 8552 Zwevegem
- Names & denominations
- Salmanazar
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 August 2016
- Peppol
- Active · Active since 2 Jan 2026