SAPEC is a commercial agency in Brussel. Public Limited, started on 1 January 1968, 1 establishment.

What is the address of SAPEC?

The registered office of SAPEC is located at Louizalaan 240 box 14, 1050 Brussel.

Is SAPEC still active?

Yes. According to the CBE (29 October 2026) SAPEC is active, legal situation “Normale toestand”, started on 1 January 1968.

Is SAPEC registered on Peppol?

Yes, SAPEC is registered on the Peppol network with ID 0208:0403085280.

What is the enterprise number of SAPEC?

The enterprise number of SAPEC is BE0403085280.

When was SAPEC founded?

SAPEC was founded on 1 January 1968.

Who are the directors of SAPEC?

According to the 2025 annual accounts, the directors of SAPEC are: Antoine VELGE, Patricia VELGE, Antonio Manuel RODRIGUES MARQUES.

Is SAPEC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1968; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did SAPEC make in 2025?

SAPEC posted a profit after taxes of € 1,659,177 in financial year 2025.

SAPEC (Public Limited) - Brussel - BE0403085280

Dossier SAPEC, printed on 29 October 2026 from databakkes.be/en/0403085280/sapec. 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.

Busy address KBO

91 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

SAPEC from Brussel, company number BE0403085280, closed financial year 2025 with a result of € 1.7 million after tax. Compared with financial year 2024, the result moved from € 1.2 million to € 1.7 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.

What it is worth Growing

€ 65.4 million

▲ 1% vs 2024

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

Profit Growing

€ 1.7 million

▲ 44% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3.1 million

▼ 9% vs 2024

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

Where the profit goes Pays out

€ 850,000 paid out

51 % of the profit went to the shareholders, mostly to SOCLINPAR SA (92 % of the shares). That is where the money ends up.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 21,896

▼ 31% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 125 days on average.

Taxes

€ 3,465

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Profit after taxes	€ 2,067,696 Profit after taxes 2022: € 2,067,696 First fiscal year in the series	€ 692,077 Profit after taxes 2023: € 692,077 ▼ 67% vs 2022 (€ 2,067,696) Unfavourable step	€ 1,153,779 Profit after taxes 2024: € 1,153,779 ▲ 67% vs 2023 (€ 692,077) Favourable step	€ 1,659,177 Profit after taxes 2025: € 1,659,177 ▲ 44% vs 2024 (€ 1,153,779) Favourable step	▲ 44%
Equity	€ 64,519,717 Equity 2022: € 64,519,717 First fiscal year in the series	€ 64,711,794 Equity 2023: € 64,711,794 Unchanged (€ 64,519,717) Favourable step	€ 64,557,282 Equity 2024: € 64,557,282 Unchanged (€ 64,711,794) Unfavourable step	€ 65,366,459 Equity 2025: € 65,366,459 ▲ 1% vs 2024 (€ 64,557,282) Favourable step	▲ 1%
Total debts	€ 1,067,448 Total debts 2022: € 1,067,448 First fiscal year in the series	€ 507,986 Total debts 2023: € 507,986 ▼ 52% vs 2022 (€ 1,067,448) Favourable step	€ 1,340,924 Total debts 2024: € 1,340,924 ▲ 164% vs 2023 (€ 507,986) Unfavourable step	€ 875,361 Total debts 2025: € 875,361 ▼ 35% vs 2024 (€ 1,340,924) Favourable step	▼ 35%
Cash	€ 2,506,713 Cash 2022: € 2,506,713 First fiscal year in the series	€ 1,926,146 Cash 2023: € 1,926,146 ▼ 23% vs 2022 (€ 2,506,713) Unfavourable step	€ 3,408,564 Cash 2024: € 3,408,564 ▲ 77% vs 2023 (€ 1,926,146) Favourable step	€ 3,118,503 Cash 2025: € 3,118,503 ▼ 9% vs 2024 (€ 3,408,564) Unfavourable step	▼ 9%
Retained profit	€ 20,792,892 Retained profit 2022: € 20,792,892 First fiscal year in the series	€ 20,984,969 Retained profit 2023: € 20,984,969 ▲ 1% vs 2022 (€ 20,792,892) Favourable step	€ 20,830,457 Retained profit 2024: € 20,830,457 ▼ 1% vs 2023 (€ 20,984,969) Unfavourable step	€ 21,639,634 Retained profit 2025: € 21,639,634 ▲ 4% vs 2024 (€ 20,830,457) Favourable step	▲ 4%
Dividend	€ 400,000 Dividend 2022: € 400,000 First fiscal year in the series	€ 500,000 Dividend 2023: € 500,000 ▲ 25% vs 2022 (€ 400,000) Unchanged	€ 1,308,290 Dividend 2024: € 1,308,290 ▲ 162% vs 2023 (€ 500,000) Unchanged	€ 850,000 Dividend 2025: € 850,000 ▼ 35% vs 2024 (€ 1,308,290) Unchanged	▼ 35%
Balance sheet total	€ 65,785,318 Balance sheet total 2022: € 65,785,318 First fiscal year in the series	€ 65,417,933 Balance sheet total 2023: € 65,417,933 ▼ 1% vs 2022 (€ 65,785,318) Unchanged	€ 66,096,360 Balance sheet total 2024: € 66,096,360 ▲ 1% vs 2023 (€ 65,417,933) Unchanged	€ 66,439,974 Balance sheet total 2025: € 66,439,974 ▲ 1% vs 2024 (€ 66,096,360) Unchanged	▲ 1%

Key figures of SAPEC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to SAPEC?

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

2031 Antoine VELGE stepped down as director. NBB
2031 Antonio Manuel RODRIGUES MARQUES stepped down as director. NBB
Jul 9, 2026 New annual accounts for financial year 2025: profit of € 1.7 million (▲ 44% vs 2024). Source: NBB ↗
2026 Patricia VELGE stepped down as director. NBB
2025 Antoine VELGE became a director. NBB
2025 Antonio Manuel RODRIGUES MARQUES became a director. NBB
2020 Patricia VELGE became a director. NBB
Jan 1, 1968 Start of the company according to the CBE. KBO

In short

From € 2.1 million profit in 2022 to € 1.7 million profit in 2025.

Paid € 178,740 in corporate taxes since 2022.

Best year ever: 2022, with € 2.1 million profit.

Paid out € 3.1 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

SOCLINPAR SA 91.6%

FINANCIERE FREDERIC JACOBS SA 8.4%

SAPEC

SAPEC PORTUGAL SGPS 100%

The shares are held by SOCLINPAR SA (91.6%) and FINANCIERE FREDERIC JACOBS SA (8.4%). It owns 100% of SAPEC PORTUGAL SGPS itself.

Directors

According to the 2025 annual accounts

Antoine VELGE

Chairman of the board

since 2025 · until 2031

Patricia VELGE

Director

since 2020 · until 2026

Antonio Manuel RODRIGUES MARQUES

Director

since 2025 · until 2031

Shareholders

SOCLINPAR SA

91.6%

FINANCIERE FREDERIC JACOBS SA

8.4%

Participations

SAPEC PORTUGAL SGPS

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 240 box 14

1050 Brussel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 91 companies are registered at this address.

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

Details

Company number

0403.085.280

VAT number

BE 0403.085.280

Registered office

Louizalaan 240 bus 14, 1050 Brussel

Names & denominations

SAPEC · S.A.P.E.C.

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 January 1968

Peppol

Active · Active since 17 Dec 2025

Activities · NACE

Handelsbemiddeling in de groothandel in brandstoffen, ertsen, metalen en chemische producten

Handelsbemiddeling in brandstoffen, ertsen, metalen en chemische producten

View on CBE Public ↗ Annual accounts (NBB) ↗