ACTIVE

S2B ENGINEERING

Financial year 2025 · closed on 30/09/2025
Net result
31,7 k €
+6.3% YoY
Gross margin
82,3 k €
+5.7% YoY
Equity
144,8 k €
+28.1% YoY

What does S2B ENGINEERING do?

S2B ENGINEERING is a Private limited company incorporated in 2016. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Zelzate.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0645.619.033
Incorporation
06/01/2016
Legal form
Private limited company
Registered office
Hooistraat 1
9060 Zelzate · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Joint committees (2)
  • 100
  • 200
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin82,3 k €77,9 k €43,8 k €66,9 k €44,9 k €23 k €58,7 k €39,3 k €102,5 k €
EBITDA82 k €77,1 k €40,6 k €50,2 k €32,3 k €19,5 k €42 k €30,8 k €73,2 k €
Operating result51,1 k €46,5 k €11,6 k €33,6 k €13,4 k €-6,3 k €16,9 k €11,2 k €35,1 k €
Net result31,7 k €29,8 k €5,6 k €22,7 k €9,6 k €-6,5 k €8,1 k €4,4 k €20,6 k €
Balance sheet
Equity144,8 k €113,1 k €83,2 k €71,4 k €48,7 k €39,1 k €45,5 k €37,4 k €33 k €
Total assets284,2 k €371,3 k €359,1 k €317,9 k €311,5 k €324,3 k €341,3 k €304,3 k €283,6 k €
Cash15,6 k €57,1 k €672 €11,9 k €676,6 €15,9 k €1,3 k €1,3 k €
Debts139,4 k €258,3 k €275,9 k €246,5 k €262,8 k €285,2 k €289,8 k €260,9 k €244,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 4 ended

Active mandates

Sara Karim

Director · since 23 janvier 2023

Active

Ended mandates

Sara Karim

Manager · since 04 janvier 2016

Ended
Sara Karim

Mandate

Ended
Sara Karim

Director

Ended
Sara Karim

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/03/202607/03/202515/03/202410/04/202307/04/202216/03/2021
General meeting02/03/202603/03/202504/03/202410/03/202307/03/202201/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202502/03/202625/03/2026DutchPDF
Micro model30/09/202403/03/202507/03/2025DutchPDF
Micro model30/09/202304/03/202415/03/2024DutchPDF
Micro model30/09/202210/03/202310/04/2023DutchPDF
Micro model30/09/202107/03/202207/04/2022DutchPDF
Micro model30/09/202001/03/202116/03/2021DutchPDF
Micro model30/09/201902/03/202009/04/2020DutchPDF
Micro model30/09/201804/03/201904/03/2019DutchPDF
Micro model30/09/201705/03/201816/03/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 4 ended

Active mandates

Sara Karim

Director · since 23 janvier 2023

Active

Ended mandates

Sara Karim

Manager · since 04 janvier 2016

Ended
Sara Karim

Mandate

Ended
Sara Karim

Director

Ended
Sara Karim

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office13/12/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other08/01/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202531,7 k €
  2. 2024
    Annual accounts 202429,8 k €
  3. 2023
    Annual accounts 20235,6 k €
  4. 2022
    Annual accounts 202222,7 k €
  5. 2021
    Annual accounts 20219,6 k €
  6. 2020
    Annual accounts 2020-6,5 k €
  7. 2019
    Annual accounts 20198,1 k €
  8. 2018
    Annual accounts 20184,4 k €
  9. 2017
    Annual accounts 201720,6 k €
  10. 06/01/2016
    IncorporationPrivate limited company