Financials
Financial year 2025
ART-SBW from Ichtegem, company number BE0692908513, closed financial year 2025 with a result of € 33,455 after tax. For that financial year ART-SBW recorded revenue of € 370,568 and equity of € 88,794. Compared with financial year 2024, the result moved from € 24,259 to € 33,455. 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 July 1, 2026.
€ 88,794
▲ 60% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 33,455
▲ 38% vs 2024
Profit after tax over the fiscal year.
€ 71,329
▲ 79% 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 € 82,594.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 33,866
▼ 36% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 25,891
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,521
▼ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,347
▲ 67% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 228,493 | € 252,455 | € 329,124 | € 370,568 | ▲ 13% |
| Gross margin | € 55,709 | € 17,298 | € 107,192 | € 117,058 | ▲ 9% |
| Profit after taxes | € 11,456 | € -22,010 | € 24,259 | € 33,455 | ▲ 38% |
| Equity | € 53,091 | € 31,081 | € 55,339 | € 88,794 | ▲ 60% |
| Total debts | € 16,470 | € 48,645 | € 75,944 | € 47,900 | ▼ 37% |
| Cash | € 35,870 | € 11,573 | € 39,935 | € 71,329 | ▲ 79% |
| Retained profit | € 46,891 | € 24,881 | € 49,139 | € 82,594 | ▲ 68% |
| Bank debt | € 2,971 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 69,561 | € 79,726 | € 131,284 | € 136,694 | ▲ 4% |
Key figures of ART-SBW, 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 ART-SBW?
What happened at ART-SBW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 33,455 (▲ 38% vs 2024). Source: NBB ↗
- New establishment in Middelkerke. KBO
- New establishment in Ichtegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,456 profit in 2022 to € 33,455 profit in 2025.
Paid € 32,917 in corporate taxes since 2022.
Best year ever: 2025, with € 33,455 profit.
Management
Behind ART-SBW is Gagan SABHARWAL.
Directors
According to the 2025 annual accounts
Gagan SABHARWAL
Director
Establishments
Establishment units
Physical locations of this company
Westkerkestraat(EER) 22
8480 Ichtegem
Koning Ridderdijk 27
8434 Middelkerke
Active since 7 April 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0692.908.513
- VAT number
- BE 0692.908.513
- Registered office
- Westkerkestraat(EER) 22, 8480 Ichtegem
- Names & denominations
- ART-SBW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 March 2018
- Peppol
- Active · Active since 1 May 2025
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Catering van evenementen
Eetgelegenheden met beperkte bediening