Financials
Financial year 2025
SITWELL FURNITURE from Etterbeek, company number BE0866084492, closed financial year 2025 with a result of € 48,761 after tax. For that financial year SITWELL FURNITURE recorded a gross margin of € 294,072 and equity of € 191,086. Compared with financial year 2024, the result moved from € -10,217 to € 48,761. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 191,086
▲ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,761
▲ still € 10,217 loss in 2024
Profit after tax over the fiscal year.
€ 29,753
▲ 93% 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 € 129,586.
People and assets in 2025
3.6
Average over the fiscal year, from the social balance sheet.
€ 117,230
▼ 48% vs 2024
€ 32,600 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.
€ 45,986
▲ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 31,366
▲ 35% vs 2024
€ 19,018 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 164,255
Supplier invoices still open on the last day of the fiscal year.
€ 69,584
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 315,984 | € 426,489 | € 302,368 | € 294,072 | ▼ 3% |
| Profit after taxes | € -25,604 | € 56,280 | € -10,217 | € 48,761 | ▲ € 58,978 |
| Equity | € 94,510 | € 150,791 | € 140,574 | € 191,086 | ▲ 36% |
| Total debts | € 765,901 | € 741,960 | € 589,476 | € 570,513 | ▼ 3% |
| Cash | € 44,297 | € 44,093 | € 15,431 | € 29,753 | ▲ 93% |
| Retained profit | € 34,761 | € 91,042 | € 80,825 | € 129,586 | ▲ 60% |
| Bank debt | € 88,614 | € 71,143 | € 23,176 | € 31,366 | ▲ 35% |
| Balance sheet total | € 860,411 | € 892,750 | € 730,050 | € 761,598 | ▲ 4% |
| Employees (FTE) | 8 | 8.7 | - | 3.6 |
Key figures of SITWELL FURNITURE, 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 SITWELL FURNITURE?
What happened at SITWELL FURNITURE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 48,761. Source: NBB ↗
- New establishment in Vilvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,604 loss in 2022 to € 48,761 profit in 2025.
Paid € 13,023 in corporate taxes since 2022.
Best year ever: 2023, with € 56,280 profit.
On average € 81,700 of value added per employee in 2025.
A new publication or filing at SITWELL FURNITURE? 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
Establishments
Establishment units
Physical locations of this company
Veldstraat 20
1040 Etterbeek
Havenstraat 86
1800 Vilvoorde
Active since 11 March 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0866.084.492
- VAT number
- BE 0866.084.492
- Registered office
- Veldstraat 20, 1040 Etterbeek
- Names & denominations
- SITWELL FURNITURE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2004
- Peppol
- Active · Active since 27 Jan 2026
- Activities · NACE
Detailhandel in huismeubilair
Detailhandel in meubels
Detailhandel in huismeubilair in gespecialiseerde winkels
Detailhandel in tapijten en andere vloerbedekking en wandbekleding
Detailhandel in verlichtingsartikelen
Detailhandel in artikelen voor verlichting en woninginrichting
Gespecialiseerde detailhandel in behang, vloerbedekking, vloerkleden en tapijt
Detailhandel in verlichtingsartikelen in gespecialiseerde winkels