ACTIVE

S-Building

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Financial year 2025 · closed on 31/12/2025
Net result
-44 k €
-238.6% YoY
Gross margin
158,2 k €
-36.4% YoY
Equity
198,6 k €
-35.4% YoY
Workforce
2,6 ETP
-18.8% YoY

What does S-Building do?

S-Building is a Private limited company incorporated in 2016. Its main activity is: Construction of buildings. Its registered office is in Heusden-Zolder. It employs on average 2,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0665.801.070
Incorporation
07/11/2016
Legal form
Private limited company
Registered office
Kanaalweg 149
3550 Heusden-Zolder · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
2,6 ETP
Activities (NACE)
41001Construction of buildings· main41201Construction of residential and non-residential buildings43341Painting and glazing43341Painting and glazing43320Joinery installation43320Joinery installation+8
Signals
Solid equityLow riskGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin158,2 k €248,8 k €364,5 k €285,5 k €79,4 k €76,7 k €26,2 k €35,1 k €5,8 k €
EBITDA-15,2 k €71,9 k €257,2 k €196,9 k €77,3 k €75,3 k €25,9 k €34,9 k €5,7 k €
Operating result-30,5 k €54,4 k €238,9 k €168,6 k €51,4 k €54,3 k €6 k €20,3 k €5,7 k €
Net result-44 k €31,8 k €198 k €110 k €33,5 k €27,7 k €3,5 k €15,3 k €3,7 k €
Balance sheet
Equity198,6 k €307,2 k €290,5 k €212,4 k €102,4 k €68,9 k €41,2 k €37,7 k €9,9 k €
Total assets387,9 k €772,2 k €775 k €630,5 k €538,5 k €513,9 k €447,3 k €119,3 k €15 k €
Cash117,3 k €25,4 k €101,8 k €184,2 k €30 k €63,8 k €15,6 k €60 k €9,9 k €
Debts188,2 k €465 k €484,5 k €418,1 k €436,1 k €445 k €406,2 k €81,7 k €5 k €
Other
Workforce2,6 ETP3,2 ETP2,2 ETP––––––
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 31/12/2025 · 1 active · 7 ended

Active mandates

MANAGEMENT2BUILD

Director · since 16 novembre 2022 · 0793.683.692

Represented by Mathias SWERTS

Active

Ended mandates

MANAGEMENT2BUILD

Director · since 16 novembre 2022 · 0793.683.692

Represented by Mathias SWERTS

Ended
EDDY SWERTS

Manager · since 07 novembre 2016

Ended
MATTHIAS SWERTS

Director · since 07 novembre 2016

Ended
MATTHIAS SWERTS

Manager · since 07 novembre 2016

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/08/202630/06/202505/07/202427/06/202329/06/202201/07/2021
General meeting21/08/202620/06/202521/06/202416/05/202317/05/202218/05/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202521/08/202628/08/2026DutchPDF
Abridged model31/12/202420/06/202530/06/2025DutchPDF
Abridged modelCorrection31/12/202321/06/202405/07/2024DutchPDF
Abridged model31/12/202321/06/202427/06/2024DutchPDF
Micro model31/12/202216/05/202327/06/2023DutchPDF
Micro model31/12/202117/05/202229/06/2022DutchPDF
Micro model31/12/202018/05/202101/07/2021DutchPDF
Micro model31/12/201930/06/202026/08/2020DutchPDF
Micro model31/12/201811/04/201931/07/2019DutchPDF
Micro model31/12/201730/06/201831/07/2018DutchPDF
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 31/12/2025 · 1 active · 7 ended

Active mandates

MANAGEMENT2BUILD

Director · since 16 novembre 2022 · 0793.683.692

Represented by Mathias SWERTS

Active

Ended mandates

MANAGEMENT2BUILD

Director · since 16 novembre 2022 · 0793.683.692

Represented by Mathias SWERTS

Ended
EDDY SWERTS

Manager · since 07 novembre 2016

Ended
MATTHIAS SWERTS

Director · since 07 novembre 2016

Ended
MATTHIAS SWERTS

Manager · since 07 novembre 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office18/12/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates20/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/11/2022
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office26/10/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates27/11/2018
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/11/2016
    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 2025-44 k €↓
  2. 2024
    Annual accounts 202431,8 k €↓
  3. 2023
    Annual accounts 2023198 k €↑
  4. 2022
    Annual accounts 2022110 k €↑
  5. 2021
    Annual accounts 202133,5 k €↑
  6. 2020
    Annual accounts 202027,7 k €↑
  7. 2019
    Annual accounts 20193,5 k €↓
  8. 2018
    Annual accounts 201815,3 k €↑
  9. 2017
    Annual accounts 20173,7 k €
  10. 07/11/2016
    IncorporationPrivate limited company