Financials
Financial year 2025
SAN C.V. from Maldegem, company number BE0865591277, closed financial year 2025 with a result of € 146,001 after tax. For that financial year SAN C.V. recorded a gross margin of € 675,040 and equity of € 636,336. Compared with financial year 2024, the result moved from € 128,232 to € 146,001. 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 July 6, 2026.
€ 636,336
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 146,001
▲ 14% vs 2024
Profit after tax over the fiscal year.
€ 364,401
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 89,056 paid out
61 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
6.4
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 432,023
▲ 26% vs 2024
€ 67,500 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.
€ 70,028
▲ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 37,025
▼ 36% vs 2024
€ 15,924 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 59,479
▲ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 91,065
▲ 96% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 455,488 | € 559,266 | € 554,054 | € 675,040 | ▲ 22% |
| Profit after taxes | € 106,437 | € 117,256 | € 128,232 | € 146,001 | ▲ 14% |
| Equity | € 453,683 | € 495,762 | € 579,391 | € 636,336 | ▲ 10% |
| Total debts | € 211,219 | € 264,109 | € 193,316 | € 287,299 | ▲ 49% |
| Cash | € 184,678 | € 256,649 | € 388,098 | € 364,401 | ▼ 6% |
| Land & buildings | € 53,678 | € 53,120 | € 52,360 | € 51,823 | ▼ 1% |
| Retained profit | € 435,133 | € 477,212 | € 560,841 | € 617,786 | ▲ 10% |
| Dividend | € 70,548 | € 75,177 | € 44,603 | € 89,056 | ▲ 100% |
| Bank debt | € 91,135 | € 62,279 | € 57,645 | € 37,025 | ▼ 36% |
| Balance sheet total | € 664,902 | € 759,870 | € 772,707 | € 923,635 | ▲ 20% |
| Employees (FTE) | 5 | 5.8 | 6.2 | 6.4 | ▲ 0.2 |
Key figures of SAN C.V., 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 SAN C.V.?
What happened at SAN C.V. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 146,001 (▲ 14% vs 2024). Source: NBB ↗
- FREDDY BAUTE became a director. NBB
- PETER LIPPENS became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Maldegem. KBO
In short
From € 106,437 profit in 2022 to € 146,001 profit in 2025.
Paid € 210,846 in corporate taxes since 2022.
Best year ever: 2025, with € 146,001 profit.
On average € 105,500 of value added per employee in 2025.
A new publication or filing at SAN C.V.? 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 SAN C.V. are FREDDY BAUTE and PETER LIPPENS.
Directors
According to the 2025 annual accounts
FREDDY BAUTE
Director
since 2020
PETER LIPPENS
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Steenhouwerslaan 25
9990 Maldegem
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
Self-hosted
Hosting
SQUARESPACE - Squarespace, Inc., US
Website info
Features
Security
Details
- Company number
- 0865.591.277
- VAT number
- BE 0865.591.277
- Registered office
- Steenhouwerslaan 25, 9990 Maldegem
- Names & denominations
- SAN C.V.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 June 2004
- Peppol
- Active · Active since 31 Aug 2023
- Contact
- sancv.be 0032477991401
- Activities · NACE
Overig loodgieterswerk
Sanitaire werkzaamheden
Dakwerkzaamheden
Schrijnwerk
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