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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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Annual account missing NBB
Fiscal year 2024 was expected before 30 January 2025 and has not been filed.
Financials
Financial year 2023
SVASTA from Spa, company number BE0680597728, closed financial year 2023 with a result of € 1.6 million after tax. For that financial year SVASTA recorded revenue of € 8 million and equity of € 3.4 million. Compared with financial year 2022, the result moved from € 1.5 million to € 1.6 million. Profitable, and profit is growing. 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 January 31, 2024.
€ 3.4 million
▲ 87% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.6 million
▲ 1% vs 2022
Profit after tax over the fiscal year.
€ 25,148
▼ 79% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 3.3 million.
People and assets in 2023
20.1
▼ 20 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 936,813
▼ 53% vs 2022
€ 46,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 54,199
▼ 56% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 916,216
▼ 39% vs 2022
Loans from banks and other lenders, long and short.
€ 1.7 million
▲ 86% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 113,937
▼ 82% vs 2022
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Revenue | € 13,791,808 | € 7,970,753 | ▼ 42% |
| Gross margin | € 4,679,269 | € 3,442,927 | ▼ 26% |
| Profit after taxes | € 1,542,423 | € 1,560,867 | ▲ 1% |
| Equity | € 1,792,408 | € 3,353,275 | ▲ 87% |
| Total debts | € 3,686,564 | € 5,136,138 | ▲ 39% |
| Cash | € 118,398 | € 25,148 | ▼ 79% |
| Land & buildings | € 1,400,000 | € 1,424,524 | ▲ 2% |
| Retained profit | € 1,742,408 | € 3,303,275 | ▲ 90% |
| Bank debt | € 1,501,850 | € 916,216 | ▼ 39% |
| Balance sheet total | € 6,878,971 | € 10,789,412 | ▲ 57% |
| Employees (FTE) | 40.1 | 20.1 | ▼ 20 |
Key figures of SVASTA, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 January 2025.
What happened to SVASTA?
What happened at SVASTA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: profit of € 1.6 million (▲ 1% vs 2022). filed late Source: NBB ↗
- New establishment in Jalhay. KBO
- New establishment in Spa. KBO
- New establishment in Manhay. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.5 million profit in 2022 to € 1.6 million profit in 2023.
Paid € 1.9 million in corporate taxes since 2022.
Best year ever: 2023, with € 1.6 million profit.
On average € 171,300 of value added per employee in 2023.
Management
Behind SVASTA is Dominique Nédée. It owns 10% of La Valee Du Naredet, 1% of NMF Investements & Partners LTD, 1% of Sensaas Pharma (India), 1% of Arden Parks Holding, 1% of Rainhow Haulage and 1% of Ruti Group Limited itself.
Directors
According to the 2023 annual accounts
Dominique Nédée
Director
Also active at: Corsendonk, De Linde, SERVINDUS, GILSON CAMPING AUX FRENES, HOTEL TURNHOUT, BAALSE HEI, ARDENPARKS DURBUY, Core-S-Ad +7 more
Establishments
Establishment units
Physical locations of this company
Spaloumont 5
4900 Spa
Al Bounire, Dochamps 27
6960 Manhay
Active since 1 February 2020
Stockay(SART) 17
4845 Jalhay
Active since 19 October 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0680.597.728
- VAT number
- BE 0680.597.728
- Registered office
- Spaloumont 5, 4900 Spa
- Names & denominations
- SVASTA
- Enterprise type
- Rechtspersoon
- Legal form
- General partnership
- Legal situation
- Normale toestand
- Start date
- 31 August 2017
- Peppol
- Active · Active since 24 Jun 2025