Financials
Financial year 2025
S. G. M. from Hoogstraten, company number BE0860730488, closed financial year 2025 with a result of € -136,568 after tax. For that financial year S. G. M. recorded a gross margin of € 1.2 million and equity of € 1 million. Compared with financial year 2024, the result moved from € 175,137 to € -136,568. 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 20, 2026.
€ 1 million
▼ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -136,568
▼ still € 175,137 profit in 2024
Profit after tax over the fiscal year.
€ 133,300
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1 million.
People and assets in 2025
17.1
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▼ 3% vs 2024
€ 75,500 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.
€ 18,222
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 404,439
▲ 29% vs 2024
€ 47,680 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 431,421
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 75,024
▲ 84% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,167,080 | € 1,241,409 | € 1,588,806 | € 1,229,485 | ▼ 23% |
| Profit after taxes | € 66 | € 16,822 | € 175,137 | € -136,568 | ▼ € 311,705 |
| Equity | € 1,704,363 | € 1,721,184 | € 1,441,321 | € 1,022,253 | ▼ 29% |
| Total debts | € 215,599 | € 1,132,871 | € 850,839 | € 1,092,336 | ▲ 28% |
| Cash | € 830,198 | € 84,756 | € 231,708 | € 133,300 | ▼ 42% |
| Retained profit | € 1,685,763 | € 1,702,584 | € 1,422,721 | € 1,003,653 | ▼ 29% |
| Dividend | € 0 | € 0 | € 455,000 | € 282,500 | ▼ 38% |
| Bank debt | € 0 | € 350,000 | € 312,699 | € 404,439 | ▲ 29% |
| Balance sheet total | € 1,919,962 | € 2,854,055 | € 2,292,160 | € 2,114,589 | ▼ 8% |
| Employees (FTE) | 17.3 | 16.6 | 17.9 | 17.1 | ▼ 0.8 |
Key figures of S. G. M., 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 S. G. M.?
What happened at S. G. M. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 136,568 (▼ € 311,705 vs 2024). Source: NBB ↗
- Milycom BV BV stepped down as director. NBB
- Milycom BV BV became a director. NBB
- S.G. Holdco bv became a director. NBB
- New establishment in Hoogstraten. KBO
- Start of the company according to the CBE. KBO
In short
From € 66 profit in 2022 to € 136,568 loss in 2025.
Paid € 41,339 in corporate taxes since 2022.
Best year ever: 2024, with € 175,137 profit.
On average € 71,900 of value added per employee 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
The stake of S.G. Holdco comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
S. G. M.Behind S. G. M. is S.G. Holdco bv. The shares are held by S.G. Holdco (100%).
Directors
According to the 2025 annual accounts
Director · represented by Veugelaers Maarten
since 2022
since 2022 · until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kruisblok 5
2320 Hoogstraten
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
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
DNS
TransIP DNS
Website info
Features
Security
Details
- Company number
- 0860.730.488
- VAT number
- BE 0860.730.488
- Registered office
- Kruisblok 5, 2320 Hoogstraten
- Names & denominations
- S. G. M.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 October 2003
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- sgmbvba.be
- Activities · NACE
Schrijnwerk
Stukadoorswerk