Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
S & M from Oostende, company number BE0775651095, closed financial year 2024 with a result of € 37,747 after tax. For that financial year S & M recorded a gross margin of € 131,899 and equity of € -44,903. Compared with financial year 2023, the result moved from € -61,788 to € 37,747. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2025.
€ -44,903
▲ € 37,747 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,747
▲ still € 61,788 loss in 2023
Profit after tax over the fiscal year.
€ 21,977
▲ 13% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -44,903.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 75,145
▲ 36% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,260
▼ 26% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 55,491
▲ 65% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 12,919
▲ 88% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 29,769 | € 26,650 | € 131,899 | ▲ € 105,249 |
| Profit after taxes | € -20,862 | € -61,788 | € 37,747 | ▲ € 99,535 |
| Equity | € -20,862 | € -82,650 | € -44,903 | ▲ € 37,747 |
| Total debts | € 47,011 | € 114,674 | € 78,091 | ▼ 32% |
| Cash | € 2,888 | € 19,494 | € 21,977 | ▲ 13% |
| Retained profit | € -20,862 | € -82,650 | € -44,903 | ▲ € 37,747 |
| Balance sheet total | € 26,149 | € 32,024 | € 33,188 | ▲ 4% |
By gross margin, S & M ranks 6th of 15 companies with main activity “Detailhandel in damesbovenkleding” in Oostende that publish figures (fiscal year 2024).
Key figures of S & M, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
Ask about S & M 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 S & M?
What happened at S & M in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Middelkerke. KBO
- New establishment in Oostende. KBO
- New annual accounts for financial year 2024: profit of € 37,747. Source: NBB ↗
- New establishment in De Panne. KBO
- New establishment in Oostende. KBO
- New establishment in Oostende. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in De Panne. KBO
In short
From € 20,862 loss in 2022 to € 37,747 profit in 2024.
Paid € 446 in corporate taxes since 2022.
Best year ever: 2024, with € 37,747 profit.
Management
Behind S & M is Zahid Akhtar.
Directors
According to the 2024 annual accounts
Zahid Akhtar
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Stuiverstraat 297
8400 Oostende
Zeedijk 40
8660 De Panne
Active since 12 October 2021
Albert I-Promenade 52
8400 Oostende
Active since 1 April 2022
Zeelaan 132
8660 De Panne
Active since 1 July 2025
Albert I-Promenade 50
8400 Oostende
Active since 20 May 2026
Kapellestraat 66
8400 Oostende
Active since 1 April 2022
Zeedijk 66 box GLV
8430 Middelkerke
Active since 10 July 2026
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.
Similar companies in Oostende
Same main activity (Detailhandel in damesbovenkleding), 14 active companies in Oostende, largest first.
€ 421,779 gross margin · 2025
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€ 111,054 gross margin · 2025
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 ↗- AKHTAR Zahid(comparant / oprichter) 100%
Details
- Company number
- 0775.651.095
- VAT number
- BE 0775.651.095
- Registered office
- Stuiverstraat 297, 8400 Oostende
- Names & denominations
- S & M
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 October 2021
- Peppol
- Active · Active since 10 Dec 2025
- Contact
- [email protected] 0489839325
- Activities · NACE
Detailhandel in damesbovenkleding
Detailhandel in schoeisel
Detailhandel in herenbovenkleding
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in tweedehandskleding
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Detailhandel in kledingaccessoires
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)