Financials
Financial year 2025
SPEENGHAR from Oostende, company number BE0737661145, closed financial year 2025 with a result of € 169,485 after tax. For that financial year SPEENGHAR recorded a gross margin of € 553,796 and equity of € 638,969. Compared with financial year 2024, the result moved from € 173,711 to € 169,485. The company is profitable. 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 November 6, 2026.
€ 638,969
▲ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 169,485
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 32,249
▼ 52% 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 € 628,969.
People and assets in 2025
€ 226,970
▲ 54% 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.
€ 49,875
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 561,988
▲ 15% vs 2024
€ 336,178 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 257,088
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 96,100
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 338,204 | € 302,313 | € 421,627 | € 553,796 | ▲ 31% |
| Profit after taxes | € 193,142 | € 137,765 | € 173,711 | € 169,485 | ▼ 2% |
| Equity | € 218,009 | € 330,774 | € 469,484 | € 638,969 | ▲ 36% |
| Total debts | € 429,157 | € 785,109 | € 1,063,939 | € 987,371 | ▼ 7% |
| Cash | € 60,332 | € 187,283 | € 66,559 | € 32,249 | ▼ 52% |
| Land & buildings | € 1,640 | € 1,270 | € 178,988 | € 169,447 | ▼ 5% |
| Retained profit | € 208,009 | € 320,774 | € 459,484 | € 628,969 | ▲ 37% |
| Dividend | € 20,000 | € 25,000 | € 35,000 | € 0 | ▼ 100% |
| Bank debt | € 23,550 | € 213,831 | € 487,824 | € 561,988 | ▲ 15% |
| Balance sheet total | € 647,166 | € 1,115,882 | € 1,533,423 | € 1,626,340 | ▲ 6% |
By gross margin, SPEENGHAR ranks 1st of 12 companies with main activity “Detailhandel in brood en banketbakkerswerk (koude bakkers)” in Oostende that publish figures (fiscal year 2025).
Key figures of SPEENGHAR, 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.
Ask about SPEENGHAR the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to SPEENGHAR?
What happened at SPEENGHAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 169,485 (▼ 2% vs 2024). filed late Source: NBB ↗
- New establishment in Middelkerke. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Oostende. KBO
In short
From € 193,142 profit in 2022 to € 169,485 profit in 2025.
Paid € 131,371 in corporate taxes since 2022.
Best year ever: 2022, with € 193,142 profit.
Paid out € 80,000 in dividends to the owners in total.
Management
Behind SPEENGHAR is Wahidullah Salarzai.
Directors
According to the 2025 annual accounts
Wahidullah Salarzai
Director
Establishments
Establishment units
Physical locations of this company
Torhoutsesteenweg 285
8400 Oostende
Biezenstraat 26
8430 Middelkerke
Active since 20 September 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- SALARZAI Wahidullah(oprichter) 100%
Details
- Company number
- 0737.661.145
- VAT number
- BE 0737.661.145
- Registered office
- Torhoutsesteenweg 285, 8400 Oostende
- Names & denominations
- SPEENGHAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 November 2019
- Peppol
- Active · Active since 18 Mar 2026
- Activities · NACE
Detailhandel in brood en banketbakkerswerk (koude bakkers)
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk