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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
SGS BELGIUM from Antwerpen, company number BE0404882750, closed financial year 2025 with a result of € 18 million after tax. For that financial year SGS BELGIUM recorded revenue of € 243.6 million and equity of € 41.2 million. Compared with financial year 2024, the result moved from € 15.4 million to € 18 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 4, 2026.
€ 41.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18 million
▲ 17% vs 2024
Profit after tax over the fiscal year.
€ 591,766
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 18 million paid out
100 % of the profit went to the shareholders, mostly to SGS SOCIETE GENERALE DE SURVAILLANCE (100 % of the shares). That is where the money ends up.
People and assets in 2025
1,394.7
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 118.3 million
▲ 2% vs 2024
€ 84,800 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.
€ 2.1 million
▲ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.7 million
▲ € 2.5 million vs 2024
Loans from banks and other lenders, long and short.
€ 22.7 million
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 68 days on average.
€ 25.2 million
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 208,101,705 | € 223,096,564 | € 225,959,243 | € 243,629,717 | ▲ 8% |
| Profit after taxes | € 18,614,688 | € 18,629,600 | € 15,392,225 | € 18,021,986 | ▲ 17% |
| Equity | € 60,215,786 | € 41,245,386 | € 41,237,611 | € 41,239,597 | |
| Total debts | € 99,384,550 | € 121,223,788 | € 115,083,803 | € 117,495,021 | ▲ 2% |
| Cash | € 2,374,107 | € 2,206,834 | € 1,930,056 | € 591,766 | ▼ 69% |
| Land & buildings | € 5,571,127 | € 6,283,270 | € 6,572,834 | € 6,854,716 | ▲ 4% |
| Retained profit | € 24,220,406 | € 5,250,006 | € 5,242,231 | € 5,244,217 | |
| Dividend | € 49,500,000 | € 37,600,000 | € 15,400,000 | € 18,020,000 | ▲ 17% |
| Bank debt | € 36,184 | € 841,069 | € 282,728 | € 2,745,917 | ▲ € 2.5 million |
| Balance sheet total | € 159,977,716 | € 162,542,936 | € 156,468,878 | € 158,973,968 | ▲ 2% |
| Employees (FTE) | 1,396.3 | 1,403.7 | 1,396.1 | 1,394.7 | ▼ 1.4 |
Key figures of SGS BELGIUM, 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 SGS BELGIUM?
What happened at SGS BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- Richard Oostrom stepped down as director. NBB
- Johan Pype stepped down as director. NBB
- Malcolm Reid stepped down as director. NBB
- New establishment in Machelen (Brab.). KBO
- Malcolm Reid became a director. NBB
- Richard Oostrom became a director. NBB
- Johan Pype became a director. NBB
In short
From € 18.6 million profit in 2022 to € 18 million profit in 2025.
Paid € 22.6 million in corporate taxes since 2022.
Best year ever: 2023, with € 18.6 million profit.
Paid out € 120.5 million in dividends to the owners in total.
Management
The shares are held by SGS SOCIETE GENERALE DE SURVAILLANCE (100%). It owns 100% of SGS EWACS, 100% of Maco Customs Services Belgium, 100% of SGS LAB SIMON, 100% of SGS LUXEMBOURG and 100% of Hazgo itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2026
Johan Pype
Managing director
Also active at: SGS Statutory Services Belgium, SGS Lab Simon, SGS Emergency, Waste & Chemical Services, EXPRESS SOLUTIONS, HAZGO, SGS MACO CUSTOMS SERVICE BELGIUM
since 2023 · until 2026
Malcolm Reid
Director
since 2024 · until 2026
Shareholders
SGS SOCIETE GENERALE DE SURVAILLANCE
100%
Participations
Establishments
Establishment units
Physical locations of this company
Noorderlaan 87
2030 Antwerpen
Polderdijkweg 16
2030 Antwerpen
Active since 1 January 1958
Karnemelkstraat 3
9060 Zelzate
Active since 26 May 1993
Tervuursesteenweg 200
3060 Bertem
Active since 9 December 2004
Rue Phocas Lejeune,Isnes 4
5032 Gembloux
Active since 9 December 2004
Machelen-Cargo (Brucargo) 729/3
1931 Zaventem
Active since 9 December 2004
Belgicastraat 3
9042 Gent
Active since 9 December 2004
Keetberglaan(MEL) 4
9120 Beveren-Kruibeke-Zwijndrecht
Active since 9 December 2004
Steenlandlaan(KAL) 3
9130 Beveren-Kruibeke-Zwijndrecht
Active since 9 December 2004
Blauwe Weg 44
2030 Antwerpen
Active since 9 December 2004
Scheldelaan 600
2030 Antwerpen
Active since 9 December 2004
Moervaartkaai 12
9042 Gent
Active since 9 December 2004
Vredekaai 18
9060 Zelzate
Active since 9 December 2004
Scheldelaan 410
2040 Antwerpen
Active since 9 December 2004
Industrieweg 16
2030 Antwerpen
Active since 9 December 2004
Scheldelaan 450
2030 Antwerpen
Active since 9 December 2004
Leopold II-dam ZN
8380 Brugge
Active since 1 February 2007
Haandorpweg(VER) ZN
9130 Beveren-Kruibeke-Zwijndrecht
Active since 1 May 2008
Vieux Chemin du Poète 10
1301 Wavre
Active since 16 January 2006
Generaal De Wittelaan 19A box 5
2800 Mechelen
Active since 16 January 2006
Oude Waalstraat 294
9870 Zulte
Active since 21 October 2011
Industriepark 2B
9820 Merelbeke-Melle
Active since 1 January 2015
Lageweg 427
2660 Antwerpen
Active since 17 December 2018
Luithagen-Haven 18
2030 Antwerpen
Active since 1 June 2018
Keetberglaan(MEL) 5
9120 Beveren-Kruibeke-Zwijndrecht
Active since 18 February 2016
Hagelberg 21
2250 Olen
Active since 1 June 2019
Internationalelaan 55 box Gebouw A
1070 Anderlecht
Active since 1 August 2020
Beliweg 3
2030 Antwerpen
Active since 1 May 2020
Blikken(VER) ZN
9130 Beveren-Kruibeke-Zwijndrecht
Active since 1 October 2013
Drie Eikenstraat 655
2650 Edegem
Active since 13 September 2021
Avenue Einstein 8
1300 Wavre
Active since 31 January 2022
Bedrijvenzone Machelen-Cargo 719
1830 Machelen (Brab.)
Active since 27 October 2025
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0404.882.750
- VAT number
- BE 0404.882.750
- Registered office
- Noorderlaan 87, 2030 Antwerpen
- Names & denominations
- SGS BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 January 1958
- Peppol
- Active · Active since 4 Jul 2024
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