What does Sidaplax do?

Sidaplax is a wholesaler in Gent. General partnership, started on 28 June 1957, 1 establishment.

What is the address of Sidaplax?

The registered office of Sidaplax is located at Eddastraat 40, 9042 Gent.

Is Sidaplax still active?

No. The CBE lists Sidaplax with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.

Is Sidaplax registered on Peppol?

No, Sidaplax is currently not registered on the Peppol network.

What is the enterprise number of Sidaplax?

The enterprise number of Sidaplax is BE0401087377.

When was Sidaplax founded?

Sidaplax was founded on 28 June 1957.

Who are the directors of Sidaplax?

According to the 2023 annual accounts, the directors of Sidaplax are: Robert Peter Kiep III, Michael J DuFrayne, Bart De Keyser.

Is Sidaplax a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 28 June 1957; 3 annual accounts filed, latest fiscal year 2023; 3 directors known from the annual account.

How much profit did Sidaplax make in 2023?

Sidaplax recorded a loss after taxes of € 3,767,620 in financial year 2023.

What is the revenue of Sidaplax?

In its most recent annual accounts (2023), Sidaplax reported revenue of € 22,323,751.

How much does an employee at Sidaplax earn?

The average wage cost per full-time employee at Sidaplax was € 101,600 in 2023: staff costs of € 4.8 million for 46.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Sidaplax have?

According to the 2023 annual accounts, Sidaplax has 46.8 full-time equivalents (FTE).

Sidaplax - Gent - BE0401087377

Dossier Sidaplax, printed on 30 October 2026 from databakkes.be/en/0401087377/sidaplax. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2022 and 2023.
Legal situation KBO

Opening faillissement according to the CBE.

Financials

Financial year 2023

Sidaplax from Gent, company number BE0401087377, closed financial year 2023 with a result of € -3.8 million after tax. For that financial year Sidaplax recorded revenue of € 22.3 million and equity of € 1.7 million. Compared with financial year 2022, the result moved from € -1.2 million to € -3.8 million. The company made a loss. The buffer shrank hard: equity is 69 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 30, 2024.

What it is worth Shrank hard

€ 1.7 million

▼ 69% vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -3.8 million

▼ 208 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 3.2 million

▲ 56% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 33,873.

People and assets in 2023

Full-time equivalents

46.8

▼ 11.2 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.8 million in 2023, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 4.8 million

▼ 20% vs 2022

€ 101,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 70,607

▼ 51% vs 2022

Of which on lease € 44,550.

Debts at end 2023

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3.2 million

▲ 33% vs 2022

€ 1.9 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 4.6 million

▲ 2% vs 2022

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 83 days on average.

Taxes and wages

€ 514,136

▼ 31% vs 2022

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	Change 2022 → 2023
Revenue	€ 40,472,076 Revenue 2021: € 40,472,076 First fiscal year in the series	€ 38,765,023 Revenue 2022: € 38,765,023 ▼ 4% vs 2021 (€ 40,472,076) Unfavourable step	€ 22,323,751 Revenue 2023: € 22,323,751 ▼ 42% vs 2022 (€ 38,765,023) Unfavourable step	▼ 42%
Profit after taxes	€ 1,182,004 Profit after taxes 2021: € 1,182,004 First fiscal year in the series	€ -1,222,655 Profit after taxes 2022: € -1,222,655 ▼ € 2.4 million vs 2021 (€ 1,182,004) Unfavourable step	€ -3,767,620 Profit after taxes 2023: € -3,767,620 ▼ € 2.5 million vs 2022 (€ -1,222,655) Unfavourable step	▼ € 2.5 million
Equity	€ 6,699,148 Equity 2021: € 6,699,148 First fiscal year in the series	€ 5,476,493 Equity 2022: € 5,476,493 ▼ 18% vs 2021 (€ 6,699,148) Unfavourable step	€ 1,708,873 Equity 2023: € 1,708,873 ▼ 69% vs 2022 (€ 5,476,493) Unfavourable step	▼ 69%
Total debts	€ 10,523,196 Total debts 2021: € 10,523,196 First fiscal year in the series	€ 7,699,232 Total debts 2022: € 7,699,232 ▼ 27% vs 2021 (€ 10,523,196) Favourable step	€ 8,385,511 Total debts 2023: € 8,385,511 ▲ 9% vs 2022 (€ 7,699,232) Unfavourable step	▲ 9%
Cash	€ 1,471,537 Cash 2021: € 1,471,537 First fiscal year in the series	€ 2,069,231 Cash 2022: € 2,069,231 ▲ 41% vs 2021 (€ 1,471,537) Favourable step	€ 3,225,979 Cash 2023: € 3,225,979 ▲ 56% vs 2022 (€ 2,069,231) Favourable step	▲ 56%
Land & buildings	€ 652,556 Land & buildings 2021: € 652,556 First fiscal year in the series	€ 554,392 Land & buildings 2022: € 554,392 ▼ 15% vs 2021 (€ 652,556) Unchanged	€ 512,928 Land & buildings 2023: € 512,928 ▼ 7% vs 2022 (€ 554,392) Unchanged	▼ 7%
Retained profit	€ 5,024,148 Retained profit 2021: € 5,024,148 First fiscal year in the series	€ 3,801,493 Retained profit 2022: € 3,801,493 ▼ 24% vs 2021 (€ 5,024,148) Unfavourable step	€ 33,873 Retained profit 2023: € 33,873 ▼ 99% vs 2022 (€ 3,801,493) Unfavourable step	▼ 99%
Bank debt	€ 1,457,117 Bank debt 2021: € 1,457,117 First fiscal year in the series	€ 2,439,447 Bank debt 2022: € 2,439,447 ▲ 67% vs 2021 (€ 1,457,117) Unfavourable step	€ 3,246,322 Bank debt 2023: € 3,246,322 ▲ 33% vs 2022 (€ 2,439,447) Unfavourable step	▲ 33%
Balance sheet total	€ 17,821,037 Balance sheet total 2021: € 17,821,037 First fiscal year in the series	€ 13,652,596 Balance sheet total 2022: € 13,652,596 ▼ 23% vs 2021 (€ 17,821,037) Unchanged	€ 10,506,250 Balance sheet total 2023: € 10,506,250 ▼ 23% vs 2022 (€ 13,652,596) Unchanged	▼ 23%
Employees (FTE)	57.7 Employees (FTE) 2021: 57.7 First fiscal year in the series	58 Employees (FTE) 2022: 58 ▲ 0.3 vs 2021 (57.7) Unchanged	46.8 Employees (FTE) 2023: 46.8 ▼ 11.2 vs 2022 (58) Unchanged	▼ 11.2

Key figures of Sidaplax, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 May 2025.

What happened to Sidaplax?

What happened at Sidaplax in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sidaplax is active according to the CBE. Legal situation: Opening faillissement.

May 30, 2024 New annual accounts for financial year 2023: loss of € 3.8 million. Source: NBB ↗
2023 Bart De Keyser stepped down as director. NBB
Nov 1, 1967 New establishment in Gent. KBO
Jun 28, 1957 Start of the company according to the CBE. KBO

In short

From € 1.2 million profit in 2021 to € 3.8 million loss in 2023.

Paid € 509,531 in corporate taxes since 2021.

Best year ever: 2021, with € 1.2 million profit.

Pays suppliers within 83 days on average.

Original PDFs at the National Bank ↗

Management

Robert Peter Kiep III Michael J DuFrayne

Sidaplax

Behind Sidaplax are Robert Peter Kiep III and Michael J DuFrayne.

Directors

According to the 2023 annual accounts

Robert Peter Kiep III

Manager

Michael J DuFrayne

Manager

Bart De Keyser

Manager

Also active at: KEYSER CONSULTING & IMMO

· until 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Eddastraat 40

9042 Gent

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

EFVEO Francoys-Vanoverschelde

€ 1.2 million gross margin · 2025

Nefab Packaging Belgium

€ 22.1 million revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0401.087.377

VAT number

BE 0401.087.377

Registered office

Eddastraat 40, 9042 Gent

Names & denominations

Sidaplax

Enterprise type

Rechtspersoon

Legal form

General partnership

Legal situation

Opening faillissement

Start date

28 June 1957

Peppol

Not registered

Activities · NACE

Groothandel in chemische producten voor industrieel gebruik

Groothandel in chemische producten

Vervaardiging van industriële gassen

View on CBE Public ↗ Annual accounts (NBB) ↗

Sidaplax

Warning lights

Financials

What happened to Sidaplax?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions