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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
86 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SAH Belgium Holding from Brasschaat, company number BE0791828123, closed financial year 2025 with a result of € -7,658 after tax. For that financial year SAH Belgium Holding recorded a gross margin of € -5,856 and equity of € -28,401. Compared with financial year 2024, the result moved from € -8,294 to € -7,658. The company made a loss. 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 30, 2026.
€ -28,401
▼ € 7,658 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,658
▲ 8 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,164
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -28,501.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,002
▲ 83% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -11,244 | € -6,825 | € -5,856 | ▲ € 968 |
| Profit after taxes | € -12,549 | € -8,294 | € -7,658 | ▲ € 636 |
| Equity | € -12,449 | € -20,743 | € -28,401 | ▼ € 7,658 |
| Total debts | € 13,377 | € 22,984 | € 29,940 | ▲ 30% |
| Cash | € 602 | € 1,866 | € 1,164 | ▼ 38% |
| Retained profit | € -12,549 | € -20,843 | € -28,501 | ▼ € 7,658 |
| Balance sheet total | € 928 | € 2,241 | € 1,539 | ▼ 31% |
Key figures of SAH Belgium Holding, 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 SAH Belgium Holding?
What happened at SAH Belgium Holding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,658. Source: NBB ↗
- New establishment in Brasschaat. KBO
- AH Investment OG became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 12,549 loss in 2023 to € 7,658 loss in 2025.
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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 SAH Belgium Holding is AH Investment OG. AH Investment OG is also behind Recreatiepark Essen.
Directors
According to the 2025 annual accounts
since 2022
Establishments
Establishment units
Physical locations of this company
Kapelsesteenweg 292
2930 Brasschaat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 86 companies are registered at this address.
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€ -11,704 gross margin · 2025
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€ 1,763 gross margin · 2025
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€ -37,499 gross margin · 2025
CADEM
€ 249,080 gross margin · 2025
Vandomij
€ -4,709 gross margin · 2024
+81 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0791.828.123
- VAT number
- BE 0791.828.123
- Registered office
- Kapelsesteenweg 292, 2930 Brasschaat
- Names & denominations
- SAH Belgium Holding
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 2022
- Peppol
- Not registered