ACTIVE

SNGROUP

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Financial year 2025 · closed on 31/12/2025
Net result
144,6 k €
-31.6% YoY
Gross margin
525 k €
-11.8% YoY
Equity
859,1 k €
+20.2% YoY
Workforce
4,7 ETP
+17.5% YoY

What does SNGROUP do?

SNGROUP is a Private limited company incorporated in 2008. Its main activity is: Joinery installation. Its registered office is in Gent. It employs on average 4,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0807.895.776
Incorporation
20/11/2008
Legal form
Private limited company
Registered office
Groenstraat 417A
9041 Gent · FlandreSee on map
Contributed capital
37 600,00 €
Latest accounts
31/12/2025
Average workforce
4,7 ETP
Activities (NACE)
43320Joinery installation· main43320Joinery installation43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines+4
Joint committees (2)
  • 124
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin525 k €595,3 k €427 k €405,2 k €170,6 k €199,4 k €189,5 k €166,8 k €169,7 k €159,5 k €162,8 k €151,5 k €132,6 k €48,3 k €50 k €36,6 k €7,9 k €
EBITDA251,6 k €350,5 k €207,2 k €263,7 k €63,9 k €77,8 k €73,1 k €39 k €48,6 k €55,4 k €37,5 k €40 k €35,4 k €41,4 k €41,9 k €35,3 k €6,6 k €
Operating result231,1 k €330,4 k €195,5 k €255,7 k €56,5 k €70,4 k €52,4 k €17,5 k €20,7 k €32,1 k €13,2 k €21 k €20,8 k €19,9 k €30,4 k €27,4 k €3,7 k €
Net result144,6 k €211,4 k €96 k €175,3 k €48,5 k €31,8 k €28,5 k €7,9 k €10,8 k €18,4 k €5,8 k €12,9 k €14,1 k €8,7 k €22,5 k €18,3 k €2,1 k €
Balance sheet
Equity859,1 k €714,5 k €511 k €431,3 k €255,9 k €207,5 k €175,7 k €158,5 k €150,6 k €139,8 k €121,9 k €102,1 k €84,2 k €70,1 k €61,5 k €39 k €20,7 k €
Total assets1,1 M €965,7 k €1,3 M €1,4 M €411,6 k €678,8 k €403,1 k €569,6 k €338,5 k €313,4 k €308,2 k €321,7 k €128,7 k €192,3 k €171,4 k €109 k €59,2 k €
Cash620,6 k €419,4 k €177,1 k €220,2 k €243,9 k €256,5 k €167,6 k €68,5 k €34,4 k €40,7 k €72,9 k €66,1 k €28,8 k €58,6 k €49,2 k €46,1 k €22,8 k €
Debts261,5 k €246,7 k €800 k €932,2 k €154,4 k €334,9 k €225,1 k €411,1 k €188 k €172,9 k €183 k €123,1 k €44,4 k €122,1 k €109,3 k €70,1 k €38,5 k €
Other
Workforce4,7 ETP4,0 ETP4,0 ETP–3,6 ETP4,0 ETP––––3,3 ETP3,5 ETP1,8 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Serkan Balci

Director · since 05 octobre 2023

Active

Ended mandates

Sunay Durgun

Manager · since 18 juin 2010

Ended
Serkan Balci

Manager · since 01 février 2010

Ended
Nesat Balci

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date23/07/202606/08/202512/07/202402/08/202318/07/202229/07/2021
General meeting30/06/202630/06/202521/06/202416/06/202317/06/202230/06/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202623/07/2026DutchPDF
Abridged model31/12/202430/06/202506/08/2025DutchPDF
Abridged model31/12/202321/06/202412/07/2024DutchPDF
Abridged model31/12/202216/06/202302/08/2023DutchPDF
Abridged model31/12/202117/06/202218/07/2022DutchPDF
Abridged model31/12/202030/06/202129/07/2021DutchPDF
Micro model31/12/201930/09/202023/10/2020DutchPDF
Micro model31/12/201830/06/201913/08/2019DutchPDF
Micro model31/12/201715/06/201812/07/2018DutchPDF
Micro model31/12/201630/06/201710/08/2017DutchPDF
Abridged model31/12/201517/06/201614/07/2016DutchPDF
Abridged model31/12/201430/06/201525/09/2015DutchPDF
Abridged model31/12/201320/06/201417/07/2014DutchPDF
Abridged model31/12/201221/06/201311/07/2013DutchPDF
Abridged model31/12/201115/06/201213/07/2012DutchPDF
Abridged model31/12/201017/06/201113/07/2011DutchPDF
Abridged model31/12/200918/06/201015/07/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

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 · 3 ended

Active mandates

Serkan Balci

Director · since 05 octobre 2023

Active

Ended mandates

Sunay Durgun

Manager · since 18 juin 2010

Ended
Serkan Balci

Manager · since 01 février 2010

Ended
Nesat Balci

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office10/01/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/10/2023
    WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/10/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/01/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares05/01/2015
    KAPITAAL - AANDELEN
    PDF
  • Mandates19/02/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/10/2012
    ONTSLAGEN - BENOEMINGEN
    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 2025144,6 k €↓
  2. 2024
    Annual accounts 2024211,4 k €↑
  3. 2023
    Annual accounts 202396 k €↓
  4. 2023
    Name changeSNGROUP
  5. 2022
    Annual accounts 2022175,3 k €↑
  6. 2021
    Annual accounts 202148,5 k €↑
  7. 2021
    Name changeSN-Bouw
  8. 2020
    Annual accounts 202031,8 k €↑
  9. 2019
    Annual accounts 201928,5 k €↑
  10. 2018
    Annual accounts 20187,9 k €↓
  11. 2017
    Annual accounts 201710,8 k €↓
  12. 2016
    Annual accounts 201618,4 k €↑
  13. 2015
    Annual accounts 20155,8 k €↓
  14. 2014
    Annual accounts 201412,9 k €↓
  15. 2013
    Annual accounts 201314,1 k €↑
  16. 2012
    Annual accounts 20128,7 k €↓
  17. 2011
    Annual accounts 201122,5 k €↑
  18. 2010
    Annual accounts 201018,3 k €↑
  19. 2009
    Annual accounts 20092,1 k €
  20. 20/11/2008
    IncorporationPrivate limited company