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 59 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
SANTOS BELGIUM from Colfontaine, company number BE0820953758, closed financial year 2024 with a result of € -23,127 after tax. For that financial year SANTOS BELGIUM recorded a gross margin of € 818,304 and equity of € 619,210. Compared with financial year 2023, the result moved from € 63,825 to € -23,127. 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 October 6, 2025.
€ 619,210
▼ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,127
▼ still € 63,825 profit in 2023
Profit after tax over the fiscal year.
€ 87,606
▲ 19% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 600,710.
People and assets in 2024
19.4
▲ 0.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 660,522
▼ 5% vs 2023
€ 34,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 33,425
▼ 41% vs 2023
Of which on lease € 16,000.
Debts at end 2024
€ 279,900
▼ 32% vs 2023
€ 104,568 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 828,932
▲ 9% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 117,941
▲ 10% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 675,319 | € 711,441 | € 927,501 | € 818,304 | ▼ 12% |
| Profit after taxes | € 55,732 | € 8,863 | € 63,825 | € -23,127 | ▼ € 86,952 |
| Equity | € 569,649 | € 578,512 | € 642,337 | € 619,210 | ▼ 4% |
| Total debts | € 1,275,237 | € 1,806,910 | € 1,872,913 | € 1,617,508 | ▼ 14% |
| Cash | € 265,635 | € 304,794 | € 73,773 | € 87,606 | ▲ 19% |
| Retained profit | € 551,149 | € 560,012 | € 623,837 | € 600,710 | ▼ 4% |
| Bank debt | € 176,677 | € 479,715 | € 414,536 | € 279,900 | ▼ 32% |
| Balance sheet total | € 1,844,886 | € 2,385,422 | € 2,515,250 | € 2,236,719 | ▼ 11% |
| Employees (FTE) | 13.8 | 17.8 | 19.2 | 19.4 | ▲ 0.2 |
Key figures of SANTOS BELGIUM, fiscal years 2021 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.
What happened to SANTOS BELGIUM?
What happened at SANTOS BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 23,127 (▼ € 86,952 vs 2023). filed late Source: NBB ↗
- HASAN SYED became a director. NBB
- Sacha SYED became a director. NBB
- New establishment in Waasmunster. KBO
- New establishment in Soignies. KBO
- New establishment in La Louvière. KBO
- New establishment in Mons. KBO
- Start of the company according to the CBE. KBO
In short
From € 55,732 profit in 2021 to € 23,127 loss in 2024.
Paid € 109,325 in corporate taxes since 2021.
Best year ever: 2023, with € 63,825 profit.
On average € 42,200 of value added per employee in 2024.
A new publication or filing at SANTOS BELGIUM? We notify you, reason included.
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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 SANTOS BELGIUM are HASAN SYED and Sacha SYED. HASAN SYED is also behind EURO PLUS BELGIUM.
Directors
According to the 2024 annual accounts
since 2024
Sacha SYED
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Rue de la Platinerie 8
7340 Colfontaine
Rue de Mons (G.) 273
7011 Mons
Active since 18 January 2010
Chaussée de Jolimont(PAU) 103
7100 La Louvière
Active since 2 October 2014
Chaussée de Bruxelles 69 box B
7061 Soignies
Active since 1 December 2017
Grote Baan 38
9250 Waasmunster
Active since 1 October 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →CAPSTONE
€ 161,494 gross margin · 2025
EURO PLUS BELGIUM same network
€ 944,311 gross margin · 2024
IMMOSIC
€ 194,247 revenue · 2024
IMMO SAM
€ 195,179 gross margin · 2025
GARAGE MASQUELIER FREDDY
€ 71,631 gross margin · 2024
+3 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
- 0820.953.758
- VAT number
- BE 0820.953.758
- Registered office
- Rue de la Platinerie 8, 7340 Colfontaine
- Names & denominations
- SANTOS BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 November 2009
- Peppol
- Active · Active since 6 Oct 2025
- Activities · NACE
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