ACTIVE

SAHBAZ

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Financial year 2024 · closed on 31/12/2024

Net result

7,5 k €

+27.7% YoY

Gross margin

15 k €

+39.3% YoY

Equity

40,7 k €

+22.6% YoY

What does SAHBAZ do?

SAHBAZ is a Private limited company incorporated in 2005. Its main activity is: Manufacture of furniture. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0872.000.801

Incorporation

04/02/2005

Legal form

Private limited company

Registered office

Frans van Ryhovelaan 15C box 2
9000 Gent · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2024

Activities (NACE)

31002Manufacture of furniture· main 31020Manufacture of kitchen furniture 36130Water collection, treatment and supply

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	15 k €	+39.3%	10,8 k €	+65.2%	6,5 k €	+195%	2,2 k €	-78.5%	10,3 k €	-25.3%	13,8 k €	+179%	4,9 k €	-88.8%	43,9 k €	+105%	21,4 k €	+2258%	-991 €	-113%	7,6 k €	-55.1%	16,9 k €	+1599%	-1,1 k €	-115%	7,7 k €	+187%	2,7 k €	-53.1%	5,7 k €	+89.9%	3 k €	+305%	-1,5 k €
EBITDA	14,5 k €	+60.2%	9 k €	+48.0%	6,1 k €	+297%	1,5 k €	-81.8%	8,4 k €	-37.1%	13,4 k €	+446300%	-3 €	-100%	16,1 k €	-20.2%	20,2 k €	+1348%	-1,6 k €	-124%	6,6 k €	-47.6%	12,7 k €	+175%	-16,8 k €	-341%	7 k €	+269%	1,9 k €	-56.8%	4,4 k €	+60.3%	2,7 k €	+274%	-1,6 k €
Operating result	9,6 k €	+41.7%	6,8 k €	+14.7%	5,9 k €	+315%	1,4 k €	-58.7%	3,4 k €	-59.0%	8,4 k €	+244%	-5,8 k €	-174%	7,8 k €	-45.0%	14,3 k €	+291%	-7,4 k €	-546%	1,7 k €	-84.0%	10,4 k €	+160%	-17,3 k €	-420%	5,4 k €	+5236%	101,1 €	-95.6%	2,3 k €	+38.6%	1,7 k €	+174%	-2,3 k €
Net result	7,5 k €	+27.7%	5,9 k €	+6.5%	5,5 k €	+365%	1,2 k €	+2.2%	1,2 k €	-80.1%	5,8 k €	+137%	2,5 k €	-55.9%	5,6 k €	-56.3%	12,8 k €	+166%	-19,3 k €	-1813%	1,1 k €	-88.9%	10,1 k €	+158%	-17,4 k €	-475%	4,6 k €	+46888%	9,9 €	-99.6%	2,4 k €	+47.7%	1,6 k €	+170%	-2,3 k €
Balance sheet
Equity	40,7 k €	+22.6%	33,2 k €	+21.5%	27,3 k €	+25.2%	21,8 k €	+5.7%	20,6 k €	+5.9%	19,5 k €	+41.4%	13,8 k €	+21.7%	11,3 k €	+10.8%	10,2 k €	+502%	-2,5 k €	-115%	16,7 k €	+7.2%	15,6 k €	+185%	5,5 k €	-76.1%	22,9 k €	+25.5%	18,3 k €	+0.1%	18,2 k €	+14.9%	15,9 k €	+11.2%	14,3 k €
Total assets	282,5 k €	+3.3%	273,4 k €	-14.1%	318,1 k €	+5.3%	302 k €	+2.2%	295,4 k €	+60.5%	184,1 k €	+265%	50,4 k €	-15.4%	59,6 k €	-52.2%	124,7 k €	+105%	60,8 k €	+14.8%	52,9 k €	+11.6%	47,4 k €	-26.4%	64,4 k €	+2.3%	62,9 k €	+61.3%	39 k €	+2.6%	38 k €	+32.0%	28,8 k €	-14.1%	33,5 k €
Cash	12,5 k €	-35.9%	19,5 k €	+388%	4 k €	-21.5%	5,1 k €	+29.6%	3,9 k €	+34.1%	2,9 k €	+29.7%	2,3 k €	-66.1%	6,6 k €	-28.5%	9,3 k €	-34.5%	14,2 k €	+4614%	301,1 €	+97.7%	152,3 €	-94.1%	2,6 k €	+213%	830,4 €	+131%	359,8 €	-58.6%	869,8 €	+52.5%	570,3 €		–
Debts	241,8 k €	+0.7%	240,2 k €	-17.4%	290,8 k €	+3.8%	280,2 k €	+2.0%	274,8 k €	+66.9%	164,6 k €	+349%	36,7 k €	-21.6%	46,8 k €	-57.9%	111,2 k €	+75.7%	63,3 k €	+74.9%	36,2 k €	+13.8%	31,8 k €	-46.0%	58,9 k €	+47.2%	40 k €	+92.7%	20,8 k €	+4.9%	19,8 k €	+53.0%	12,9 k €	-32.8%	19,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 4 ended

Active mandates

Ahmet Sahbaz

Mandate

Active

Ali Sahbaz

Mandate

Active

Ended mandates

Birol Yuksel

Manager · since 02 janvier 2007

Ended

Ahmet Sahbaz

Manager · since 04 février 2005

Ended

Ahmet Kamil Sahbaz

Mandate

Ended

Ali Said Sahbaz

Mandate

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/09/2025	28/10/2024	01/10/2023	26/10/2022	28/09/2021	31/10/2020
General meeting	01/05/2025	26/06/2024	27/06/2023	27/06/2022	28/06/2021	28/08/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	01/05/2025	22/09/2025	Dutch	PDF
Micro model	31/12/2023	26/06/2024	28/10/2024	Dutch	PDF
Micro model	31/12/2022	27/06/2023	01/10/2023	Dutch	PDF
Micro model	31/12/2021	27/06/2022	26/10/2022	Dutch	PDF
Micro model	31/12/2020	28/06/2021	28/09/2021	Dutch	PDF
Micro model	31/12/2019	28/08/2020	31/10/2020	Dutch	PDF
Micro model	31/12/2018	29/06/2019	20/10/2019	Dutch	PDF
Micro model	31/12/2017	15/06/2018	28/09/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	21/09/2017	Dutch	PDF
Abridged model	31/12/2015	05/05/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	07/05/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	01/05/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	02/05/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	03/05/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	05/05/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	06/05/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	07/05/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	01/05/2008	25/08/2008	Dutch	PDF
Abridged model	31/12/2006	03/05/2007	27/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2024 · 2 active · 4 ended

Active mandates

Ahmet Sahbaz

Mandate

Active

Ali Sahbaz

Mandate

Active

Ended mandates

Birol Yuksel

Manager · since 02 janvier 2007

Ended

Ahmet Sahbaz

Manager · since 04 février 2005

Ended

Ahmet Kamil Sahbaz

Mandate

Ended

Ali Said Sahbaz

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - 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

2024
Annual accounts 20247,5 k €↑
2023
Annual accounts 20235,9 k €↑
2022
Annual accounts 20225,5 k €↑
2021
Annual accounts 20211,2 k €↑
2020
Annual accounts 20201,2 k €↓
2019
Annual accounts 20195,8 k €↑
2018
Annual accounts 20182,5 k €↓
2017
Annual accounts 20175,6 k €↓
2015
Annual accounts 201512,8 k €↑
2014
Annual accounts 2014-19,3 k €↓
2013
Annual accounts 20131,1 k €↓
2012
Annual accounts 201210,1 k €↑
2011
Annual accounts 2011-17,4 k €↓
2010
Annual accounts 20104,6 k €↑
2009
Annual accounts 20099,9 €↓
2008
Annual accounts 20082,4 k €↑
2007
Annual accounts 20071,6 k €↑
2006
Annual accounts 2006-2,3 k €
04/02/2005
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SAHBAZ

Overview

What does SAHBAZ do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline