Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SCANGULF EUROPE from Stekene, company number BE0876246035, closed financial year 2025 with a result of € 5,688 after tax. For that financial year SCANGULF EUROPE recorded a gross margin of € 9,460 and equity of € -98,119. Compared with financial year 2024, the result moved from € -2,306 to € 5,688. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ -98,119
▲ € 5,688 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,688
▲ still € 2,306 loss in 2024
Profit after tax over the fiscal year.
€ 15,860
▲ € 15,104 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 € -116,719.
Debts at end 2025
€ 115,000
▲ 5% vs 2024
Loans from banks and other lenders, long and short.
€ 1,628
Supplier invoices still open on the last day of the fiscal year.
€ 10
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 104,128 | € 177,195 | € 10,396 | € 9,460 | ▼ 9% |
| Profit after taxes | € -37,056 | € 2,102 | € -2,306 | € 5,688 | ▲ € 7,994 |
| Equity | € -103,604 | € -101,502 | € -103,808 | € -98,119 | ▲ € 5,688 |
| Total debts | € 446,840 | € 215,023 | € 109,500 | € 116,638 | ▲ 7% |
| Cash | € 16,115 | € 33,040 | € 756 | € 15,860 | ▲ € 15,104 |
| Retained profit | € -122,204 | € -120,102 | € -122,408 | € -116,719 | ▲ € 5,688 |
| Bank debt | € 222,879 | € 175,305 | € 109,500 | € 115,000 | ▲ 5% |
| Balance sheet total | € 343,237 | € 113,521 | € 5,692 | € 18,519 | ▲ 225% |
| Employees (FTE) | 2.2 | 2.1 | - | - |
Key figures of SCANGULF EUROPE, 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 SCANGULF EUROPE?
What happened at SCANGULF EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,688. Source: NBB ↗
- ARTEFOR BV became a director. NBB
- New establishment in Stekene. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,056 loss in 2022 to € 5,688 profit in 2025.
Paid € 201 in corporate taxes since 2022.
Best year ever: 2025, with € 5,688 profit.
On average € 84,400 of value added per employee in 2023.
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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 ARTEFOR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SCANGULF EUROPEBehind SCANGULF EUROPE is ARTEFOR BV. The shares are held by ARTEFOR (99%).
Directors
According to the 2025 annual accounts
Director · represented by Erik Smet
Also active at: ECO MODAL TRANSPORT & SHIPPING, ECO MODAL CARGO CARE
since 2022
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bettestraat (STE) 8-10
9190 Stekene
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.
Details
- Company number
- 0876.246.035
- VAT number
- BE 0876.246.035
- Registered office
- Bettestraat (STE) 8-10, 9190 Stekene
- Names & denominations
- SCANGULF EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 September 2005
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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