Financials
Financial year 2025
SASW from Nieuwpoort, company number BE0713428961, closed financial year 2025 with a result of € 632,795 after tax. For that financial year SASW recorded a gross margin of € -26,009 and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 111,177 to € 632,795. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 2.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 632,795
▲ € 521,618 vs 2024
Profit after tax over the fiscal year.
€ 873,142
▲ 189% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 625,000 paid out
99 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 5 million
▲ 107% vs 2024
€ 324,067 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 11,511
▲ € 10,576 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,396
▲ 9% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 257,985 | € 207,912 | € 235,952 | € -26,009 | ▼ € 261,961 |
| Profit after taxes | € 171,999 | € 38,644 | € 111,177 | € 632,795 | ▲ € 521,618 |
| Equity | € 1,814,823 | € 2,353,468 | € 2,464,645 | € 2,472,440 | |
| Total debts | € 2,318,422 | € 2,186,702 | € 2,509,646 | € 5,699,201 | ▲ 127% |
| Cash | € 131,500 | € 565,936 | € 301,661 | € 873,142 | ▲ 189% |
| Land & buildings | € 3,116,220 | € 3,062,852 | € 3,651,622 | € 6,895,022 | ▲ 89% |
| Retained profit | € 224,723 | € 263,368 | € 374,545 | € 382,340 | ▲ 2% |
| Dividend | € 0 | € 0 | € 0 | € 625,000 | |
| Bank debt | € 2,297,168 | € 2,140,257 | € 2,434,191 | € 5,041,266 | ▲ 107% |
| Balance sheet total | € 4,133,246 | € 4,540,169 | € 4,974,291 | € 8,171,642 | ▲ 64% |
Key figures of SASW, 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 SASW?
What happened at SASW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 632,795 (▲ € 521,618 vs 2024). Source: NBB ↗
- CommV Elophine became a director. NBB
- New establishment in Nieuwpoort. KBO
- Start of the company according to the CBE. KBO
In short
From € 171,999 profit in 2022 to € 632,795 profit in 2025.
Paid € 19,584 in corporate taxes since 2022.
Best year ever: 2025, with € 632,795 profit.
Paid out € 625,000 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
The stake of ESQUIRE, DOORN ESTATE, Salmanazar comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SASWBehind SASW is CommV Elophine. The shares are held by ESQUIRE (25%), DOORN ESTATE (20%) and Salmanazar (20%).
Directors
According to the 2025 annual accounts
Director · represented by Nikita Nuytten
since 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Albert I laan 20 box 4.03
8620 Nieuwpoort
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0713.428.961
- VAT number
- BE 0713.428.961
- Registered office
- Albert I laan 20 bus 4.03, 8620 Nieuwpoort
- Names & denominations
- SASW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 November 2018
- Peppol
- Active · Active since 21 Oct 2025
- Contact
- sasw.be [email protected]
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
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