Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 23.6 to 13.8.
Financials
Financial year 2025
SHIP - INDUSTRIAL CUTTING from Aalst, company number BE0837029826, closed financial year 2025 with a result of € -529,257 after tax. For that financial year SHIP - INDUSTRIAL CUTTING recorded a gross margin of € 603,987 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 89,168 to € -529,257. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 1.2 million
▼ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -529,257
▼ still € 89,168 profit in 2024
Profit after tax over the fiscal year.
€ 170,138
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.1 million.
People and assets in 2025
13.8
▼ 7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1 million
▼ 26% vs 2024
€ 73,700 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.
€ 15,269
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 414,407
▼ 10% vs 2024
€ 6,796 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 373,093
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 188,559
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,078,622 | € 1,977,870 | € 1,553,895 | € 603,987 | ▼ 61% |
| Profit after taxes | € -67,702 | € 388,921 | € 89,168 | € -529,257 | ▼ € 618,426 |
| Equity | € 1,309,791 | € 1,698,712 | € 1,787,880 | € 1,163,476 | ▼ 35% |
| Total debts | € 1,190,504 | € 1,164,196 | € 1,325,026 | € 1,319,554 | |
| Cash | € 111,141 | € 131,840 | € 276,210 | € 170,138 | ▼ 38% |
| Retained profit | € 1,291,191 | € 1,680,112 | € 1,769,280 | € 1,144,876 | ▼ 35% |
| Dividend | € 0 | € 0 | € 0 | € 95,147 | |
| Bank debt | € 439,349 | € 120,094 | € 461,841 | € 414,407 | ▼ 10% |
| Balance sheet total | € 2,500,295 | € 2,862,907 | € 3,112,906 | € 2,483,030 | ▼ 20% |
| Employees (FTE) | 18.6 | 23.6 | 20.8 | 13.8 | ▼ 7 |
Key figures of SHIP - INDUSTRIAL CUTTING, 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 SHIP - INDUSTRIAL CUTTING?
What happened at SHIP - INDUSTRIAL CUTTING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 529,257 (▼ € 618,426 vs 2024). Source: NBB ↗
- CN MANAGEMENT SRL became a director. NBB
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 67,702 loss in 2022 to € 529,257 loss in 2025.
Paid € 180,294 in corporate taxes since 2022.
Best year ever: 2023, with € 388,921 profit.
On average € 43,800 of value added per employee in 2025.
A new publication or filing at SHIP - INDUSTRIAL CUTTING? 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 SHIP - INDUSTRIAL CUTTING is CN MANAGEMENT SRL. CN MANAGEMENT SRL is also behind C.N.G. INVESTMENT, CN RENTAL, CYGO-Terra and CYGO-Renov.
Directors
According to the 2025 annual accounts
Director · represented by CAMENSCHI Iurie
Also active at: C.N.G. INVESTMENT, CN RENTAL, CYGO-Terra, CYGO-Renov
since 2022
Establishments
Establishment units
Physical locations of this company
Eerdegemstraat 1
9310 Aalst
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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Google Workspace
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Website info
Features
Security
Details
- Company number
- 0837.029.826
- VAT number
- BE 0837.029.826
- Registered office
- Eerdegemstraat 1, 9310 Aalst
- Names & denominations
- SHIP - INDUSTRIAL CUTTING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 2011
- Peppol
- Active · Active since 8 Feb 2026
- Contact
- sicsprl.be
- Activities · NACE
Terugwinning van materialen uit afval
Coating van metalen
Sloop van wrakken
Oppervlaktebehandeling van metalen
Algemene bouw van residentiële gebouwen