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 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SANGAS from Koksijde, company number BE0687688923, closed financial year 2025 with a result of € 75,506 after tax. For that financial year SANGAS recorded a gross margin of € 116,994 and equity of € 196,798. Compared with financial year 2024, the result moved from € 74,697 to € 75,506. Profitable, and profit is growing. 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 July 17, 2026.
€ 196,798
▼ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 75,506
▲ 1% vs 2024
Profit after tax over the fiscal year.
€ 10,409
▲ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 81,060
▼ 26% vs 2024
€ 21,382 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 6,307
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,882
▲ 42% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 99,619 | € 103,499 | € 109,029 | € 116,994 | ▲ 7% |
| Profit after taxes | € 59,821 | € 70,058 | € 74,697 | € 75,506 | ▲ 1% |
| Equity | € 179,869 | € 248,261 | € 321,292 | € 196,798 | ▼ 39% |
| Total debts | € 240,953 | € 193,677 | € 143,221 | € 288,174 | ▲ 101% |
| Cash | € 16,019 | € 62,314 | € 8,247 | € 10,409 | ▲ 26% |
| Land & buildings | € 334,891 | € 327,087 | € 319,284 | € 311,480 | ▼ 2% |
| Retained profit | € 178,869 | € 247,261 | € 320,292 | € 195,798 | ▼ 39% |
| Dividend | € 1,600 | € 1,666 | € 1,666 | € 200,000 | ▲ € 198,334 |
| Bank debt | € 155,139 | € 134,357 | € 110,249 | € 81,060 | ▼ 26% |
| Balance sheet total | € 420,822 | € 441,938 | € 464,513 | € 484,971 | ▲ 4% |
Key figures of SANGAS, 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 SANGAS?
What happened at SANGAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 75,506 (▲ 1% vs 2024). Source: NBB ↗
- New establishment in Koksijde. KBO
- Start of the company according to the CBE. KBO
- Lieven Pieters became a director. NBB
In short
From € 59,821 profit in 2022 to € 75,506 profit in 2025.
Paid € 76,071 in corporate taxes since 2022.
Best year ever: 2025, with € 75,506 profit.
Paid out € 204,932 in dividends to the owners in total.
A new publication or filing at SANGAS? 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
Directors
According to the 2025 annual accounts
Lieven Pieters
Bestuurder
since 2018
Establishments
Establishment units
Physical locations of this company
Strandlaan(Kok) 107
8670 Koksijde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0687.688.923
- VAT number
- BE 0687.688.923
- Registered office
- Strandlaan(Kok) 107, 8670 Koksijde
- Names & denominations
- SANGAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 2018
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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