Financials
Financial year 2025
S. Project Services from Balen, company number BE0888553157, closed financial year 2025 with a result of € 212,252 after tax. For that financial year S. Project Services recorded a gross margin of € 540,980 and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 470,394 to € 212,252. The company is profitable. 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 August 28, 2026.
€ 2.7 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 212,252
▼ 55% vs 2024
Profit after tax over the fiscal year.
€ 153,850
▲ 48% 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 € 2 million.
People and assets in 2025
€ 87,243
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▼ 16% vs 2024
€ 255,518 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2,021
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,872
▼ 3% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 615,986 | € 771,621 | € 877,968 | € 540,980 | ▼ 38% |
| Profit after taxes | € 354,328 | € 450,683 | € 470,394 | € 212,252 | ▼ 55% |
| Equity | € 1,879,909 | € 2,045,592 | € 2,515,986 | € 2,728,238 | ▲ 8% |
| Total debts | € 1,150,323 | € 837,924 | € 1,670,145 | € 1,425,056 | ▼ 15% |
| Cash | € 95,881 | € 16,258 | € 104,197 | € 153,850 | ▲ 48% |
| Land & buildings | € 1,676,014 | € 1,575,121 | € 2,638,817 | € 2,485,576 | ▼ 6% |
| Retained profit | € 1,129,909 | € 1,295,592 | € 1,765,986 | € 1,978,238 | ▲ 12% |
| Dividend | € 0 | € 285,000 | € 0 | € 0 | |
| Bank debt | € 900,298 | € 749,944 | € 1,544,729 | € 1,303,002 | ▼ 16% |
| Balance sheet total | € 3,030,233 | € 2,883,517 | € 4,186,132 | € 4,153,294 | ▼ 1% |
Key figures of S. Project Services, 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. Project Services?
What happened at S. Project Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 212,252 (▼ 55% vs 2024). filed late Source: NBB ↗
- New establishment in Balen. KBO
- Start of the company according to the CBE. KBO
In short
From € 354,328 profit in 2022 to € 212,252 profit in 2025.
Paid € 542,981 in corporate taxes since 2022.
Best year ever: 2024, with € 470,394 profit.
Paid out € 285,000 in dividends to the owners in total.
Management
The stake of SW Investment Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
S. Project ServicesBehind S. Project Services is Marc Swinnen. The shares are held by SW Investment Group (49.9%). It owns 100% of SWINTON, 75.6% of BCS and 6.7% of SIS itself.
Directors
According to the 2025 annual accounts
Marc Swinnen
Director
Also active at: BOUW- EN CONSTRUCTIEWERKEN SWINNEN, SWINNEN INDUSTRIE SERVICE, Swinton
Shareholders
49.9%
Establishments
Establishment units
Physical locations of this company
Europalaan 8
2490 Balen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0888.553.157
- VAT number
- BE 0888.553.157
- Registered office
- Europalaan 8, 2490 Balen
- Names & denominations
- S. Project Services
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 April 2007
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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