Financials
Financial year 2025
Sewolar from Harelbeke, company number BE0735979382, closed financial year 2025 with a result of € 27,785 after tax. For that financial year Sewolar recorded a gross margin of € 14,370 and equity of € 285,828. Compared with financial year 2024, the result moved from € 15,729 to € 27,785. 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 30, 2026.
€ 285,828
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,785
▲ 77% vs 2024
Profit after tax over the fiscal year.
€ 374
▲ € 360 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 € 283,828.
Debts at end 2025
€ 786,087
▲ 74% vs 2024
Loans from banks and other lenders, long and short.
€ 432
▲ 243% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,868
▼ 57% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 13,141 | € 12,039 | € 6,834 | € 14,370 | ▲ 110% |
| Profit after taxes | € 19,035 | € 157,487 | € 15,729 | € 27,785 | ▲ 77% |
| Equity | € 84,827 | € 242,314 | € 258,043 | € 285,828 | ▲ 11% |
| Total debts | € 247,807 | € 234,720 | € 464,701 | € 790,915 | ▲ 70% |
| Cash | € 87 | € 21 | € 14 | € 374 | ▲ € 360 |
| Retained profit | € 82,827 | € 240,314 | € 256,043 | € 283,828 | ▲ 11% |
| Bank debt | € 209,039 | € 212,147 | € 451,179 | € 786,087 | ▲ 74% |
| Balance sheet total | € 332,634 | € 477,034 | € 722,744 | € 1,076,743 | ▲ 49% |
Key figures of Sewolar, 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 Sewolar?
What happened at Sewolar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,785 (▲ 77% vs 2024). Source: NBB ↗
- New establishment in Harelbeke. KBO
- STEVEN MESTDAGH became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 19,035 profit in 2022 to € 27,785 profit in 2025.
Paid € 25,770 in corporate taxes since 2022.
Best year ever: 2023, with € 157,487 profit.
Management
The stake of MAD FOX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SewolarBehind Sewolar is STEVEN MESTDAGH. The shares are held by MAD FOX (50%). It owns 66.7% of BRUTOPIA, 66.7% of Dagobert Holding and 33.3% of TULEBUG itself.
Establishments
Establishment units
Physical locations of this company
Generaal Deprezstraat 10 box B
8530 Harelbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0735.979.382
- VAT number
- BE 0735.979.382
- Registered office
- Generaal Deprezstraat 10 bus B, 8530 Harelbeke
- Names & denominations
- Sewolar
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 October 2019
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings
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