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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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SA Artsen from Roeselare, company number BE0899054002, closed financial year 2025 with a result of € 369,476 after tax. For that financial year SA Artsen recorded a gross margin of € 757,942 and equity of € 2 million. Compared with financial year 2024, the result moved from € 381,900 to € 369,476. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 369,476
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 80,493
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 371,165 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 67,945
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
▲ 16% vs 2024
€ 194,211 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 3,776
▼ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 101,144
▼ 4% 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 | € 630,120 | € 668,672 | € 724,324 | € 757,942 | ▲ 5% |
| Profit after taxes | € 259,351 | € 337,715 | € 381,900 | € 369,476 | ▼ 3% |
| Equity | € 1,432,155 | € 1,629,259 | € 2,011,158 | € 2,009,470 | |
| Total debts | € 1,912,812 | € 1,798,315 | € 1,472,126 | € 1,704,849 | ▲ 16% |
| Cash | € 35,275 | € 68,752 | € 132,860 | € 80,493 | ▼ 39% |
| Land & buildings | € 2,778,794 | € 2,714,109 | € 2,638,348 | € 2,910,670 | ▲ 10% |
| Retained profit | € 1,419,755 | € 1,616,859 | € 1,998,758 | € 1,997,070 | |
| Dividend | € 77,670 | € 140,611 | € 0 | € 371,165 | |
| Bank debt | € 1,750,254 | € 1,539,188 | € 1,340,607 | € 1,557,463 | ▲ 16% |
| Balance sheet total | € 3,354,966 | € 3,437,573 | € 3,493,285 | € 3,724,319 | ▲ 7% |
Key figures of SA Artsen, 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 SA Artsen?
What happened at SA Artsen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 369,476 (▼ 3% vs 2024). filed late Source: NBB ↗
- Steven Vervaeke became a director. NBB
- An Verbrugghe became a director. NBB
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 259,351 profit in 2022 to € 369,476 profit in 2025.
Paid € 623,508 in corporate taxes since 2022.
Best year ever: 2024, with € 381,900 profit.
Paid out € 589,446 in dividends to the owners in total.
Management
Behind SA Artsen are Steven Vervaeke and An Verbrugghe.
Directors
According to the 2025 annual accounts
Steven Vervaeke
Director
since 2021
An Verbrugghe
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Hoogleedsesteenweg 433
8800 Roeselare
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0899.054.002
- VAT number
- BE 0899.054.002
- Registered office
- Hoogleedsesteenweg 433, 8800 Roeselare
- Names & denominations
- SA Artsen
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 2008
- Peppol
- Active · Active since 24 Mar 2026
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