Financials
Financial year 2025
SOVALAS from Westerlo, company number BE0821840220, closed financial year 2025 with a result of € 16,164 after tax. For that financial year SOVALAS recorded a gross margin of € 35,211 and equity of € 69,472. Compared with financial year 2024, the result moved from € 5,537 to € 16,164. Profitable, and profit is growing. 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 April 30, 2026.
€ 69,472
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,164
▲ 192% vs 2024
Profit after tax over the fiscal year.
€ 26,815
▲ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 44,472.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,374
▲ 20% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 36,248
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 36,902
€ 7,339 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 400
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,239
▲ 268% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 41,940 | € 19,621 | € 24,344 | € 35,211 | ▲ 45% |
| Profit after taxes | € 14,662 | € 970 | € 5,537 | € 16,164 | ▲ 192% |
| Equity | € 46,800 | € 47,771 | € 53,308 | € 69,472 | ▲ 30% |
| Total debts | € 83,677 | € 76,053 | € 46,708 | € 77,184 | ▲ 65% |
| Cash | € 2,933 | € 2,684 | € 15,115 | € 26,815 | ▲ 77% |
| Land & buildings | € 97,898 | € 89,533 | € 82,382 | € 75,232 | ▼ 9% |
| Retained profit | € 21,800 | € 22,771 | € 28,308 | € 44,472 | ▲ 57% |
| Bank debt | € 20,998 | € 1,299 | € 0 | € 36,902 | |
| Balance sheet total | € 130,477 | € 123,823 | € 100,016 | € 146,656 | ▲ 47% |
Key figures of SOVALAS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to SOVALAS?
What happened at SOVALAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,164 (▲ 192% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Westerlo. KBO
In short
From € 14,662 profit in 2022 to € 16,164 profit in 2025.
Paid € 17,540 in corporate taxes since 2022.
Best year ever: 2025, with € 16,164 profit.
Management
Behind SOVALAS is Tom Van De Velde.
Directors
According to the 2025 annual accounts
Tom Van De Velde
Director
Establishments
Establishment units
Physical locations of this company
Moestoemaatheide 14
2260 Westerlo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
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 ↗- VAN DE VELDE Tom(oprichter) 50%
- SOONTJENS Gaby Louisa Irma(oprichter) 50%
Details
- Company number
- 0821.840.220
- VAT number
- BE 0821.840.220
- Registered office
- Moestoemaatheide 14, 2260 Westerlo
- Names & denominations
- SOVALAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2009
- Peppol
- Active · Active since 18 Jun 2025
- Activities · NACE
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