Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SAHIN CONSTRUCTION from Charleroi, company number BE0806465918, closed financial year 2025 with a result of € -86,157 after tax. For that financial year SAHIN CONSTRUCTION recorded a gross margin of € 535,442 and equity of € 334,567. Compared with financial year 2024, the result moved from € 18,896 to € -86,157. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 334,567
▼ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -86,157
▼ still € 18,896 profit in 2024
Profit after tax over the fiscal year.
€ 66,247
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 259,199.
People and assets in 2025
€ 503,592
▲ 50% 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.
€ 27,324
▼ 43% vs 2024
Of which on lease € 20,095.
Debts at end 2025
€ 635,208
▲ 24% vs 2024
€ 6,384 is repaid this year. At this pace the long-term loan is gone in ≈ 76 years.
€ 476,335
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 98,600
▲ 76% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 2,154,696 | - | |
| Gross margin | € 791,582 | € 437,318 | € 484,269 | € 535,442 | ▲ 11% |
| Profit after taxes | € -9,527 | € -3,172 | € 18,896 | € -86,157 | ▼ € 105,053 |
| Equity | € 429,365 | € 426,193 | € 420,724 | € 334,567 | ▼ 20% |
| Total debts | € 1,216,932 | € 1,366,445 | € 1,324,256 | € 1,211,688 | ▼ 9% |
| Cash | € 533 | € 7,378 | € 77,043 | € 66,247 | ▼ 14% |
| Land & buildings | € 479,669 | € 463,576 | € 447,483 | € 431,373 | ▼ 4% |
| Retained profit | € 353,996 | € 350,825 | € 345,356 | € 259,199 | ▼ 25% |
| Dividend | € 0 | € 0 | € 24,365 | € 0 | ▼ 100% |
| Bank debt | € 578,211 | € 528,440 | € 513,918 | € 635,208 | ▲ 24% |
| Balance sheet total | € 1,646,297 | € 1,792,638 | € 1,744,980 | € 1,546,255 | ▼ 11% |
Key figures of SAHIN CONSTRUCTION, 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 SAHIN CONSTRUCTION?
What happened at SAHIN CONSTRUCTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 86,157 (▼ € 105,053 vs 2024). Source: NBB ↗
- New establishment in Charleroi. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,527 loss in 2022 to € 86,157 loss in 2025.
Paid € 19,646 in corporate taxes since 2022.
Best year ever: 2024, with € 18,896 profit.
Paid out € 24,365 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 SAHIN CONSTRUCTION are Olcay SAHIN and Ozbay SAHIN. The same people are also behind IMMO SAHIN.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue d'Edimbourg 26
6040 Charleroi
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
SERVERCENTRAL - DEFT.COM, US
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0806.465.918
- VAT number
- BE 0806.465.918
- Registered office
- Rue d'Edimbourg 26, 6040 Charleroi
- Names & denominations
- SAHIN CONSTRUCTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 September 2008
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- sahinconstruction.be
- Activities · NACE
Algemene bouw van residentiële gebouwen
Metselwerk
Algemene bouw van kantoorgebouwen
Uitvoeren van metsel- en voegwerken