About Submar
Submar is a private limited company (BV/SRL) based in Oostende, founded in 2019. Its main activity is classified as "Reparatie en onderhoud van civiele schepen". For the 2025 financial year, Submar reported a profit of €6,646. That makes 4 profitable financial years in a row for Submar. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €1 million, up 8.5% on 2024. It employed an average of 3.8 full-time equivalents. Equity stands at €793,316, a solvency ratio of 30%. In 2020 it was -€52,078. 6 annual accounts are available, covering 2020 to 2025.
- Signals
-
Poor liquidityPoor liquidity 0.88
The current ratio is below 1: may be insufficient to cover short-term debt.
ProfitableProfitable € 7KThe company reported a positive net result in the latest financial year.
Strong equityStrong equity € 793KStrong equity provides a buffer against setbacks.
Low riskLow risk 30.1%Good solvency (> 30%) points to long-term financial stability.
Positive cashflowPositive cashflow € 447KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 504KPositive EBITDA: operating activities are profitable.
Healthy social debtHealthy social debt 6.5%Social debts stay manageable relative to personnel costs.
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
1.04M
|
€
960K
|
€
1.07M
|
€
476K
|
|
|
€
504K
|
€
437K
|
€
566K
|
€
302K
|
|
|
€
7K
|
€
67K
|
€
260K
|
€
184K
|
|
|
€
793K
|
€
787K
|
€
470K
|
€
209K
|
|
|
30.10%
|
33.69%
|
25.93%
|
16.64%
|
|
|
€
1.84M
|
€
1.55M
|
€
1.34M
|
€
1.05M
|
|
|
€
187K
|
€
543K
|
€
77K
|
€
150K
|
|
|
3.80
|
6
|
4.50
|
4.50
|
Publications 8
All publications- Ontslagen - Benoemingen 01/06/2026
- Statuten (Vertaling, Co?Rdinatie, Overige Wijzigingen, ?) - Kapitaal - Aandelen - Ontslagen - Benoemingen 28/11/2024
- Ontslagen - Benoemingen 12/10/2023
- Kapitaal - Aandelen 20/12/2022
- Maatschappelijke Zetel 02/12/2022
Frequently asked questions
Answers to the most common questions about Submar, based on official government data and the filed annual accounts.
What is the VAT number of Submar?
The VAT number of Submar is BE0719.519.571.
How many employees work at Submar?
In 2025, Submar employed 3.80 full-time equivalents (FTE).
When was Submar established?
Submar was founded in 29-01-2019.
What is the official address of Submar?
The official address of Submar is Leo Baekelandlaan 1 Oostende 8400.
What is the legal form of Submar?
The juridical form of Submar is Private limited company (BV/SRL).
What is the annual revenue of Submar?
The 2025 accounts of Submar do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Submar a reliable company?
Submar is a registered Rechtspersoon with company number 0719.519.571 and can be verified through the official CBE database.
What is the credit limit of Submar?
The estimated credit limit of Submar is €391,542.
Is Submar still active?
Submar currently has the status "Normal situation" and is active.