What is the main business of SAX Development?

The main business activity of SAX Development focuses on renting and operating of own or leased real estate.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on August 26, 2011.

Where is the headquarters located?

The headquarters is located at: Aleje Jerozolimskie 142B, 02-305 Warszawa.

What is the share capital?

The share capital of the company is PLN 8,405,000 (approx. $2.3 million).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2025 to December 31, 2025.

What was the revenue?

In 2025, the company generated total revenue of $24,875,464, representing an increase of 2261.3% compared to 2024.

Is the company profitable?

Yes, the company recorded a net profit of $4,459,012 in 2025.

Which cost dominates operating expenses?

The largest operating cost category falls under external services. This category amounted to $389,823 in 2025, representing 40% of all operating expenses.

SAX Developmentsp. z o.o.

Renting and operating of own or leased real estate

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2011-08-26

Share capital

8 405 000,00 PLN

Registered address

Aleje Jerozolimskie 142B, 02-305 Warszawa, Poland

Electronic delivery address

AE:PL-35746-36308-SVAFT-26

Financials

Revenue history (in m)

Data and insights are generated automatically based on financial statements and may contain errors. This analysis is for informational purposes only and does not constitute an official assessment of the company's credibility or business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2025.

Results vs industry

Revenue

This companyUSD 24.88mMedianUSD 176.82kAverageUSD 1.77m

Net profit

This companyUSD 4.46mMedianUSD 6.23kAverageUSD 272.59k

Operating costs

This companyUSD 976.38kMedianUSD 119.20kAverageUSD 924.52k

Assets

This companyUSD 17.09mMedianUSD 730.72kAverageUSD 18.65m

Industry

Bank accounts

Registered as a VAT taxpayer on 2012-11-14. Active

Bank spółdzielczy
51 8436 0003 0000 0026 9548 0001

Debt

No entries in the National Debtors Register (KRZ). No proceedings in KRZ

MSiG notices

Publication date	Event
Aug 11, 2021	Call to creditors

Public aid

No public aid cases recorded in the last 10 years.

Tenders

No recorded participation in tenders.

Authorized Representatives

Jarosław Reszka — President of the Management Board

Piotr Kudelski — Management Board Member

Manner of representation

If the management board is a one-person management board – independently. In the case of a multi-member management board – two members of the management board acting jointly or one member of the management board jointly with a commercial proxy.

Ownership

Owner	Shares	Share value	Stake
Getin Noble Bank S.A.	84,050	$2,270,394.38	100%

Beneficial owners

Person	Rights
Magdalena Janda (53)	Other natural person.
Mirosław Mozdżeń (53)	Other natural person.

Competitors

Name	Revenue	Website
Vivo! Polandsp. z o.o.	$20,343,765.32	vivo-shopping.com
PHN Spv 11 Phn KS.K.A.	$18,943,121.55	phnspv11.phnsa.pl
Warszawski Holding NieruchomościS.A.	$14,451,280.76	whn.phnsa.pl
Legnica PlazaS.K.A.	$12,666,750.19	torun-plaza.pl
PHN Spv 1 Phn SkysawaS.K.A.	$12,152,717.36	phnspv1.phnsa.pl
Leszno Retailsp. z o.o.	$11,093,193.01	galerialeszno.pl
Yareal Polska HoldingS.A.	$9,948,751.83	yareal.pl
Okam City Isp. j.	$9,863,169.24	okam.pl
PFR MieszkaniaS.A.	$9,466,354.20	pfrmieszkania.pl
Mennica Kapitałowasp. z o.o.	$8,869,913.27	mennicakapitalowa.pl

Change history

Date	Event
2024-05-20	Address change (Gwiaździsta 66, 53-413, Wrocław → Aleje Jerozolimskie 142b, 02-305, Warszawa)
2021-12-20	Share capital change (10,005,000.00 PLN → 8,405,000.00 PLN)
2013-09-20	Address change (Powstańców Śląskich 2-4, 53-333, Wrocław → Gwiaździsta 66, 53-413, Wrocław)
2013-01-28	Share capital change (5,000.00 PLN → 10,005,000.00 PLN)
2011-08-26	Entered in the register

FAQ

Last updated: 2026-07-28