SAHE (0755.546.757): financials and annual accounts

SAHE

Brussels ·KBO/BCE: BE 0755.546.757

Line	2025	2024	2023	2022	2021
Balance sheet: assets
Total assets`20/58`	371,566	416,506	395,969	409,297	400,569
Fixed assets`21/28`	336,232	336,232	336,232	336,232	336,000
Financial fixed assets`28`	336,232	336,232	336,232	336,232	336,000
Current assets`29/58`	35,334	80,274	59,737	73,065	64,569
Amounts receivable within one year`40/41`	26,053	-	17,151	-	1,351
Trade receivables`40`	26,053	-	17,151	-	1,351
Cash at bank and in hand`54/58`	9,281	80,274	42,586	73,065	63,218
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	371,566	416,506	395,969	409,297	400,569
Equity`10/15`	268,273	217,730	155,825	124,084	81,277
Contributions`10/11`	36,000	36,000	36,000	36,000	36,000
Profit (loss) carried forward`14`	232,273	181,730	119,825	88,084	45,277
Amounts payable`17/49`	103,293	198,775	240,144	285,213	319,292
Amounts payable after more than one year`17`	35,217	119,921	164,119	207,819	251,028
Financial debts`170/4`	35,217	119,921	164,119	207,819	251,028
Amounts payable within one year`42/48`	68,076	78,854	76,024	77,394	67,151
Current portion of amounts payable after more than one year`42`	34,704	44,198	43,700	43,209	42,725
Trade debts`44`	324	322	585	-	-
Suppliers`440/4`	324	322	585	-	-
Taxes, remuneration and social security`45`	33,024	34,310	31,716	34,185	24,427
Taxes`450/3`	27,931	34,310	27,216	34,185	24,427
Remuneration and social security`454/9`	5,092	0	4,500	-	-
Other amounts payable`47/48`	23	23	23	-	-
Accrued charges and deferred income`492/3`	-	-	-	-	1,113
Income statement
Gross operating margin`9900`	71,715	81,779	42,749	56,997	68,600
Remuneration, social security and pensions`62`	1,728	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	-	-	-	-	1,256
Other operating charges`640/8`	400	398	576	348	695
Operating profit (loss)`9901`	69,588	81,381	42,172	56,650	66,648
Financial charges`65/66B`	1,491	1,976	2,454	3,043	6,199
Recurring financial charges`65`	1,491	1,976	2,454	3,043	6,199
Profit (loss) for the period before taxes`9903`	68,097	79,405	39,718	53,607	60,450
Income taxes`67/77`	17,554	17,500	7,977	10,800	15,172
Profit (loss) for the period`9904`	50,543	61,905	31,741	42,807	45,277
Profit (loss) for the period to be appropriated`9905`	50,543	61,905	31,741	42,807	45,277
Appropriation of the result
Profit (loss) to be appropriated`9906`	232,273	181,730	119,825	88,084	45,277
Profit (loss) brought forward from the previous period`14P`	181,730	119,825	88,084	45,277	-
Document	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	28-08-2026	2026-00457217	PDF
31-12-2024	full format	27-08-2025	2025-00409207	PDF
31-12-2023	full format	29-08-2024	2024-00399072	PDF
31-12-2022	full format	06-07-2023	2023-00209300	PDF
31-12-2021	full format	26-08-2022	2022-20323503	PDF

Line	2025	2024	2023	2022	2021
Investment in fixed assets	-	-	-	232	336,000
Change in cash	-70,992	37,688	-30,479	9,847	-
Solvency	72.2%	52.3%	39.4%	30.3%	20.3%
ROE	18.8%	28.4%	20.4%	34.5%	55.7%
ROA	13.6%	14.9%	8.0%	10.5%	11.3%

Item	2025	2024	2023	2022	2021
Financial fixed assets	-	-	-	€232	€336,000
Depreciation and write-downs of the year	-	-	-	-	€1,256

SAHE

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency72.2%

Return on assets13.6%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on SAHE

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