Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SART & CO from Villers-la-Ville, company number BE0893725138, closed financial year 2025 with a result of € -340,914 after tax. For that financial year SART & CO recorded a gross margin of € 573,065 and equity of € -457,183. Compared with financial year 2024, the result moved from € -125,413 to € -340,914. The company made a loss. 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 August 13, 2026.
€ -457,183
▼ € 340,914 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -340,914
▼ 172 % more loss than in 2024
Profit after tax over the fiscal year.
€ 173,788
▼ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -582,183.
People and assets in 2025
13.8
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 581,407
▲ 26% vs 2024
€ 42,100 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.
€ 202,649
▲ € 185,361 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
▲ 40% vs 2024
€ 211,072 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 1 million
▲ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 62,903
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 657,149 | € 548,400 | € 499,130 | € 573,065 | ▲ 15% |
| Profit after taxes | € 262,539 | € 14,121 | € -125,413 | € -340,914 | ▼ € 215,501 |
| Equity | € -4,977 | € 9,144 | € -116,269 | € -457,183 | ▼ € 340,914 |
| Total debts | € 950,471 | € 932,826 | € 2,174,233 | € 3,251,146 | ▲ 50% |
| Cash | € 353,669 | € 274,449 | € 329,935 | € 173,788 | ▼ 47% |
| Land & buildings | € 20,898 | € 18,581 | € 16,264 | € 13,946 | ▼ 14% |
| Retained profit | € -129,977 | € -115,856 | € -241,269 | € -582,183 | ▼ € 340,914 |
| Bank debt | € 107,965 | € 242,115 | € 1,281,058 | € 1,798,533 | ▲ 40% |
| Balance sheet total | € 945,495 | € 941,970 | € 2,057,964 | € 2,793,963 | ▲ 36% |
| Employees (FTE) | 10.5 | 11.9 | 13.2 | 13.8 | ▲ 0.6 |
Key figures of SART & CO, 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 SART & CO?
What happened at SART & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marie-Estelle Loriaux stepped down as director. NBB
- Pierre-Yves Belli stepped down as director. NBB
- Aurore Loriaux stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 340,914. filed late Source: NBB ↗
- Marie-Estelle Loriaux became a director. NBB
- Pierre-Yves Belli became a director. NBB
- Aurore Loriaux became a director. NBB
- New establishment in Villers-la-Ville. KBO
In short
From € 262,539 profit in 2022 to € 340,914 loss in 2025.
Paid € 1,607 in corporate taxes since 2022.
Best year ever: 2022, with € 262,539 profit.
On average € 41,500 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Chaussée de Namur 113
1495 Villers-la-Ville
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
- 0893.725.138
- VAT number
- BE 0893.725.138
- Registered office
- Chaussée de Namur 113, 1495 Villers-la-Ville
- Names & denominations
- SART & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2007
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
Superettes (verkoopsoppervlakte tussen 100 m2 en minder dan 400 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)