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 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SAWND & LITE from Ieper, company number BE1002597047, closed financial year 2025 with a result of € 31,850 after tax. For that financial year SAWND & LITE recorded a gross margin of € 102,159 and equity of € 70,762. Compared with financial year 2024, the result moved from € 44,579 to € 31,850. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 70,762
▲ 58% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,850
▼ 29% vs 2024
Profit after tax over the fiscal year.
€ 14,012
▲ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5,833 paid out
18 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 36,320
€ 23,977 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 20,407
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,417
▲ 127% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 97,557 | € 102,159 | ▲ 5% |
| Profit after taxes | € 44,579 | € 31,850 | ▼ 29% |
| Equity | € 44,746 | € 70,762 | ▲ 58% |
| Total debts | € 188,772 | € 243,777 | ▲ 29% |
| Cash | € 8,448 | € 14,012 | ▲ 66% |
| Retained profit | € 43,746 | € 69,762 | ▲ 59% |
| Dividend | € 833 | € 5,833 | ▲ € 5,000 |
| Bank debt | € 0 | € 36,320 | |
| Balance sheet total | € 233,517 | € 314,540 | ▲ 35% |
Key figures of SAWND & LITE, fiscal years 2024 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 SAWND & LITE?
What happened at SAWND & LITE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 31,850 (▼ 29% vs 2024). filed late Source: NBB ↗
- New establishment in Ieper. KBO
- HV Project BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 44,579 profit in 2024 to € 31,850 profit in 2025.
Paid € 17,096 in corporate taxes since 2024.
Best year ever: 2024, with € 44,579 profit.
Paid out € 6,666 in dividends to the owners in total.
Management
Behind SAWND & LITE are HV Project BV and Niels Vanderhaeghen. Niels Vanderhaeghen is also behind HV Project.
Directors
According to the 2025 annual accounts
Director · represented by Herwin Vanderhaeghen
since 2023
Establishments
Establishment units
Physical locations of this company
Oostkaai 20B box 24
8900 Ieper
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.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
sawndlite.be
Registered
2009-04-21
Website info
Features
Security
Network
Details
- Company number
- 1002.597.047
- VAT number
- BE 1002.597.047
- Registered office
- Oostkaai 20B bus 24, 8900 Ieper
- Names & denominations
- SAWND & LITE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 November 2023
- Peppol
- Active · Active since 21 Jan 2026
- Contact
- sawndlite.be
- Activities · NACE
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