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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Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
S-work-S from Sankt Vith, company number BE0787350285, closed financial year 2025 with a result of € 39,689 after tax. For that financial year S-work-S recorded a gross margin of € 81,063 and equity of € 297,605. Compared with financial year 2024, the result moved from € 104,078 to € 39,689. 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 July 17, 2026.
€ 297,605
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 39,689
▼ 62% vs 2024
Profit after tax over the fiscal year.
€ 54,500
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 833 paid out
2 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 44,718
▼ 23% vs 2024
Of which on lease € 36,561.
Debts at end 2025
€ 245,280
▼ 19% vs 2024
€ 44,722 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 54,198
▼ 44% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 212,695 | € 148,384 | € 81,063 | ▼ 45% |
| Profit after taxes | € 151,363 | € 104,078 | € 39,689 | ▼ 62% |
| Equity | € 155,530 | € 258,749 | € 297,605 | ▲ 15% |
| Total debts | € 217,263 | € 415,672 | € 304,402 | ▼ 27% |
| Cash | € 94,003 | € 118,681 | € 54,500 | ▼ 54% |
| Retained profit | € 150,530 | € 253,749 | € 292,605 | ▲ 15% |
| Dividend | € 833 | € 859 | € 833 | ▼ 3% |
| Bank debt | € 140,000 | € 304,135 | € 245,280 | ▼ 19% |
| Balance sheet total | € 372,793 | € 674,421 | € 602,007 | ▼ 11% |
Key figures of S-work-S, fiscal years 2023 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 S-work-S?
What happened at S-work-S in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 39,689 (▼ 62% vs 2024). Source: NBB ↗
- New establishment in Sankt Vith. KBO
- Start of the company according to the CBE. KBO
- Stephan SCHWALL became a director. NBB
In short
From € 151,363 profit in 2023 to € 39,689 profit in 2025.
Paid € 101,904 in corporate taxes since 2023.
Best year ever: 2023, with € 151,363 profit.
Paid out € 2,525 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
Behind S-work-S is Stephan SCHWALL. It owns 12% of LIGNA-SYSTEMS HOLDING itself.
Directors
According to the 2025 annual accounts
since 2022
Establishments
Establishment units
Physical locations of this company
Rektor-Cremer-Straße,Emmels 16 box A
4780 Sankt Vith
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.
Details
- Company number
- 0787.350.285
- VAT number
- BE 0787.350.285
- Registered office
- Rektor-Cremer-Straße,Emmels 16 bus A, 4780 Sankt Vith
- Names & denominations
- S-work-S
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 June 2022
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
Activiteiten van hoofdkantoren
Schrijnwerk
Dakwerkzaamheden
Holdings
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Activiteiten van holdings
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