S&A
0722.911.108 · rovalta.com · 23/09/2026
ACTIVE
S&A
Financial year 2025 · closed on 31/12/2025
Net result
353,3 k €
+888.2% YoY
Gross margin
364,1 k €
+1383.8% YoY
Equity
63,4 k €
+121.9% YoY
Overview
What does S&A do?
S&A is a Public limited company incorporated in 2019. Its main activity is: Construction of buildings. Its registered office is in Aalst.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0722.911.108
Incorporation
19/03/2019
Legal form
Public limited company
Registered office
Binnenstraat 33
9300 Aalst · FlandreSee on map
9300 Aalst · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Activities (NACE)
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 7 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||
| Gross margin | 364,1 k € | +1384% | -28,4 k € | -760% | 4,3 k € | +104% | -107 k € | +17.9% | -130,3 k € | -2228% | -5,6 k € | +81.9% | -30,9 k € |
| EBITDA | 354,8 k € | +894% | -44,7 k € | -339% | -10,2 k € | +91.4% | -117,8 k € | +15.1% | -138,8 k € | -1840% | -7,2 k € | +77.5% | -31,8 k € |
| Operating result | 354,8 k € | +894% | -44,7 k € | -339% | -10,2 k € | +91.4% | -117,8 k € | +15.1% | -138,8 k € | -1840% | -7,2 k € | +77.5% | -31,8 k € |
| Net result | 353,3 k € | +888% | -44,8 k € | -313% | -10,9 k € | +90.8% | -117,9 k € | +15.1% | -138,9 k € | -1840% | -7,2 k € | +77.5% | -31,8 k € |
| Balance sheet | |||||||||||||
| Equity | 63,4 k € | +122% | -289,9 k € | -18.3% | -245,1 k € | -4.6% | -234,2 k € | -101% | -116,3 k € | -615% | 22,6 k € | -24.1% | 29,7 k € |
| Total assets | 279 k € | +68.6% | 165,5 k € | +0.5% | 164,6 k € | +5.5% | 156 k € | -30.7% | 225,1 k € | -28.8% | 316,1 k € | +0.9% | 313,4 k € |
| Cash | 132,8 k € | +7807% | 1,7 k € | +2323% | 69,3 € | -87.4% | 552,2 € | -96.8% | 17,1 k € | +22247% | 76,7 € | +162% | 29,3 € |
| Debts | 215,6 k € | -52.7% | 455,4 k € | +11.1% | 409,7 k € | +5.0% | 390,2 k € | +14.3% | 341,4 k € | +16.3% | 293,6 k € | +3.5% | 283,7 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 5 ended
Active mandates
Vugar Salmanzade
ActiveYaver Aliyev
ActiveEnded mandates
Ilgar Ashurbeyli FUAD
EndedLeyla Aziz ALIYEVA
EndedLeyla Aziz ALIYEVA
EndedIlgar ASHURBAYOV
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 31/08/2026 | 29/08/2025 | 30/08/2024 | 31/08/2023 | 31/08/2022 | 31/08/2021 |
| General meeting | 16/06/2026 | 17/06/2025 | 18/06/2024 | 20/06/2023 | 21/06/2022 | 15/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
7 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 16/06/2026 | 31/08/2026 | Dutch | |
| Micro model | 31/12/2024 | 17/06/2025 | 29/08/2025 | Dutch | |
| Micro model | 31/12/2023 | 18/06/2024 | 30/08/2024 | Dutch | |
| Micro model | 31/12/2022 | 20/06/2023 | 31/08/2023 | Dutch | |
| Micro model | 31/12/2021 | 21/06/2022 | 31/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 15/06/2021 | 31/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 16/06/2020 | 09/11/2020 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 500 k€ and 1 M€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 5 ended
Active mandates
Vugar Salmanzade
ActiveYaver Aliyev
ActiveEnded mandates
Ilgar Ashurbeyli FUAD
EndedLeyla Aziz ALIYEVA
EndedLeyla Aziz ALIYEVA
EndedIlgar ASHURBAYOV
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates10/10/2025BENOEMING BESTUURDER
- Mandates15/09/2022KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates28/06/2022MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Registered office23/06/2020MAATSCHAPPELIJKE ZETEL
- Mandates13/12/2019MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Other21/03/2019RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025353,3 k €↑
- 2024Annual accounts 2024-44,8 k €↓
- 2023Annual accounts 2023-10,9 k €↑
- 2022Annual accounts 2022-117,9 k €↑
- 2021Annual accounts 2021-138,9 k €↓
- 2020Annual accounts 2020-7,2 k €↑
- 2019Annual accounts 2019-31,8 k €
- 19/03/2019IncorporationPublic limited company