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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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Busy address KBO
74 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Sainshand Belgium from Elsene, company number BE0677839562, closed financial year 2025 with a result of € 50,505 after tax. Compared with financial year 2024, the result moved from € 815,831 to € 50,505. 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 June 15, 2026.
€ 16.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,505
▼ 94% vs 2024
Profit after tax over the fiscal year.
€ 2.4 million
▲ € 1.8 million 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 € 234,753.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 115
▼ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 419,624 | € 6,757,934 | € 815,831 | € 50,505 | ▼ 94% |
| Equity | € 2,495,108 | € 15,199,048 | € 16,014,879 | € 16,065,383 | |
| Total debts | € 110,509 | € 510,100 | € 47,729 | € 115 | ▼ € 47,614 |
| Cash | - | € 159,490 | € 578,616 | € 2,363,237 | ▲ € 1.8 million |
| Retained profit | € -7,389,517 | € -631,583 | € 184,249 | € 234,753 | ▲ 27% |
| Balance sheet total | € 2,605,617 | € 15,709,148 | € 16,062,608 | € 16,065,498 |
Key figures of Sainshand Belgium, 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 Sainshand Belgium?
What happened at Sainshand Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frank OLIVIER WAGNER stepped down as director. NBB
- Michael BIENEK stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 50,505 (▼ 94% vs 2024). Source: NBB ↗
- Frank OLIVIER WAGNER became a director. NBB
- Michael BIENEK became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 419,624 profit in 2022 to € 50,505 profit in 2025.
Paid € 117,063 in corporate taxes since 2022.
Best year ever: 2023, with € 6.8 million profit.
A new publication or filing at Sainshand Belgium? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by FERROSTAAL GERMANY GMBH (100%). It owns 40% of Sainshand Salkin Park LLC itself.
Directors
According to the 2025 annual accounts
Frank OLIVIER WAGNER
Director
since 2023 · until 2029
Michael BIENEK
Director
since 2023 · until 2029
Shareholders
FERROSTAAL GERMANY GMBH
100%
Participations
Sainshand Salkin Park LLC
40%
Establishments
Establishment units
Physical locations of this company
Gachardstraat 88 box 8
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 74 companies are registered at this address.
All companies at this address →Casteau Homes
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0677.839.562
- VAT number
- BE 0677.839.562
- Registered office
- Gachardstraat 88 bus 8, 1050 Elsene
- Names & denominations
- Sainshand Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 2017
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
Overige financiële dienstverlening, neg