Financials
Financial year 2024
P. de Sart - Balaes from Oreye, company number BE0878417152, closed financial year 2024 with a result of € 21,504 after tax. For that financial year P. de Sart - Balaes recorded a gross margin of € 186,443 and equity of € 190,582. Compared with financial year 2023, the result moved from € 20,043 to € 21,504. 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 September 30, 2025.
€ 190,582
▲ 13% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,504
▲ 7% vs 2023
Profit after tax over the fiscal year.
€ 70,486
▼ 30% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 120,032.
People and assets in 2024
€ 107,882
▲ 110% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 127,964
▲ 144% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 89,197
▲ 272% vs 2023
€ 26,850 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 55,450
▲ € 44,117 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 7,979
▼ 41% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 76,667 | € 68,657 | € 117,518 | € 186,443 | ▲ 59% |
| Profit after taxes | € 22,973 | € -21,189 | € 20,043 | € 21,504 | ▲ 7% |
| Equity | € 170,223 | € 149,034 | € 169,077 | € 190,582 | ▲ 13% |
| Total debts | € 147,144 | € 137,814 | € 103,799 | € 217,145 | ▲ 109% |
| Cash | € 85,570 | € 65,911 | € 100,004 | € 70,486 | ▼ 30% |
| Land & buildings | € 5,619 | € 4,735 | € 19,939 | € 20,893 | ▲ 5% |
| Retained profit | € 99,673 | € 78,484 | € 98,527 | € 120,032 | ▲ 22% |
| Bank debt | € 75,156 | € 49,752 | € 23,996 | € 89,197 | ▲ 272% |
| Balance sheet total | € 317,367 | € 286,849 | € 272,876 | € 407,727 | ▲ 49% |
Key figures of P. de Sart - Balaes, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to P. de Sart - Balaes?
What happened at P. de Sart - Balaes in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 21,504 (▲ 7% vs 2023). filed late Source: NBB ↗
- New establishment in Oreye. KBO
- Start of the company according to the CBE. KBO
- Colette BALAES became a director. NBB
- Pascal DE SART became a director. NBB
In short
From € 22,973 profit in 2021 to € 21,504 profit in 2024.
Paid € 7,957 in corporate taxes since 2021.
Best year ever: 2021, with € 22,973 profit.
Management
Behind P. de Sart - Balaes are Colette BALAES and Pascal DE SART.
Directors
According to the 2024 annual accounts
Colette BALAES
Director
since 2005
Pascal DE SART
Director
since 2005
Establishments
Establishment units
Physical locations of this company
Grand'Route 136
4360 Oreye
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0878.417.152
- VAT number
- BE 0878.417.152
- Registered office
- Grand'Route 136, 4360 Oreye
- Names & denominations
- P. de Sart - Balaes
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 January 2006
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwrijp maken van terreinen
Grondverzet
Straatreiniging en sneeuwruimen
Bouw van autowegen en andere wegen
Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen
Overige bouwinstallatie
Landschapsverzorging
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