Financials
Financial year 2025
SUMAL from Olen, company number BE0698897569, closed financial year 2025 with a result of € -1,648 after tax. For that financial year SUMAL recorded a gross margin of € 40,453 and equity of € 63,028. Compared with financial year 2024, the result moved from € 12,721 to € -1,648. The company made a loss. 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 August 12, 2026.
€ 63,028
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,648
▼ still € 12,721 profit in 2024
Profit after tax over the fiscal year.
€ 12,460
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 38,028.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 30,049
▼ 7% 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.
€ 13,466
▼ 12% 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.
€ 16,073
▲ 162% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,292
▼ 47% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 28,055 | € 45,780 | € 60,951 | € 40,453 | ▼ 34% |
| Profit after taxes | € -1,753 | € 5,482 | € 12,721 | € -1,648 | ▼ € 14,369 |
| Equity | € 46,473 | € 51,955 | € 64,676 | € 63,028 | ▼ 3% |
| Total debts | € 22,345 | € 26,873 | € 54,968 | € 37,854 | ▼ 31% |
| Cash | € 12,887 | € 14,787 | € 26,115 | € 12,460 | ▼ 52% |
| Land & buildings | € 392 | € 0 | € 0 | € 0 | |
| Retained profit | € 21,473 | € 26,955 | € 39,676 | € 38,028 | ▼ 4% |
| Bank debt | € 1,536 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 68,819 | € 78,828 | € 119,643 | € 100,882 | ▼ 16% |
Key figures of SUMAL, 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 SUMAL?
What happened at SUMAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,648 (▼ € 14,369 vs 2024). filed late Source: NBB ↗
- Sukhchadan Kaur became a director. NBB
- New establishment in Olen. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,753 loss in 2022 to € 1,648 loss in 2025.
Paid € 10,114 in corporate taxes since 2022.
Best year ever: 2024, with € 12,721 profit.
Management
Behind SUMAL is Sukhchadan Kaur.
Directors
According to the 2025 annual accounts
Sukhchadan Kaur
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Oosterwijkseweg 7
2250 Olen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0698.897.569
- VAT number
- BE 0698.897.569
- Registered office
- Oosterwijkseweg 7, 2250 Olen
- Names & denominations
- SUMAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 2018
- Peppol
- Active · Active since 29 Sept 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)
Detailhandel in dranken, algemeen assortiment
Detailhandel in tabaksproducten