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 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SIA AUTOMOTIVE from Brasschaat, company number BE0677848668, closed financial year 2025 with a result of € 776,446 after tax. For that financial year SIA AUTOMOTIVE recorded a gross margin of € 1.4 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 1.9 million to € 776,446. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 2.1 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 776,446
▼ 60% vs 2024
Profit after tax over the fiscal year.
€ 69,003
▲ € 64,194 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 800,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 216,392
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
▼ 21% vs 2024
€ 127,601 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 509,020
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 140,007
▼ 75% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,696,999 | € 2,310,457 | € 2,857,873 | € 1,353,832 | ▼ 53% |
| Profit after taxes | € 1,106,547 | € 1,540,124 | € 1,944,113 | € 776,446 | ▼ 60% |
| Equity | € 1,522,988 | € 2,410,113 | € 2,154,226 | € 2,130,672 | ▼ 1% |
| Total debts | € 2,726,164 | € 3,738,230 | € 3,005,412 | € 3,684,647 | ▲ 23% |
| Cash | € 367,212 | € 352,488 | € 4,809 | € 69,003 | ▲ € 64,194 |
| Land & buildings | € 1,677,972 | € 2,204,006 | € 2,172,010 | € 2,144,619 | ▼ 1% |
| Retained profit | € 1,504,388 | € 2,391,513 | € 2,135,626 | € 2,112,072 | ▼ 1% |
| Dividend | € 500,000 | € 653,000 | € 2,200,000 | € 800,000 | ▼ 64% |
| Bank debt | € 1,614,533 | € 2,038,436 | € 1,915,771 | € 1,513,620 | ▼ 21% |
| Balance sheet total | € 4,249,153 | € 6,148,343 | € 5,159,638 | € 5,815,319 | ▲ 13% |
Key figures of SIA AUTOMOTIVE, 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 SIA AUTOMOTIVE?
What happened at SIA AUTOMOTIVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 776,446 (▼ 60% vs 2024). Source: NBB ↗
- New establishment in Brasschaat. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million profit in 2022 to € 776,446 profit in 2025.
Paid € 1.8 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.9 million profit.
Paid out € 4.2 million in dividends to the owners in total.
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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
Behind SIA AUTOMOTIVE are ARTIOM SAVOSKA and IGOR SAVOSKA. ARTIOM SAVOSKA is also behind FLEXCENTER and SAR AUTOMOTIVE.
Directors
According to the 2025 annual accounts
IGOR SAVOSKA
Director
Establishments
Establishment units
Physical locations of this company
Brechtsebaan 199
2930 Brasschaat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0677.848.668
- VAT number
- BE 0677.848.668
- Registered office
- Brechtsebaan 199, 2930 Brasschaat
- Names & denominations
- SIA AUTOMOTIVE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 2017
- Peppol
- Active · Active since 2 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)