Serpo is a metalworking company in Sint-Niklaas. Public Limited, started on 1 January 1968, 1 establishment.

What is the address of Serpo?

The registered office of Serpo is located at Industriepark-Noord 26, 9100 Sint-Niklaas.

Is Serpo still active?

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

Is Serpo registered on Peppol?

Yes, Serpo is registered on the Peppol network with ID 0208:0405058736.

What is the enterprise number of Serpo?

The enterprise number of Serpo is BE0405058736.

When was Serpo founded?

Serpo was founded on 1 January 1968.

Who are the directors of Serpo?

According to the 2025 annual accounts, the directors of Serpo are: Erich Thönnes, Guido Klein, Herman Bernrath.

Is Serpo 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 Serpo make in 2025?

Serpo posted a profit after taxes of € 713,868 in financial year 2025.

What is the revenue of Serpo?

In its most recent annual accounts (2025), Serpo reported revenue of € 6,381,993.

How much does an employee at Serpo earn?

The average wage cost per full-time employee at Serpo was € 96,800 in 2025: staff costs of € 1.5 million for 15.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Serpo have?

According to the 2025 annual accounts, Serpo has 15.4 full-time equivalents (FTE).

Serpo (Public Limited) - Sint-Niklaas - BE0405058736

Dossier Serpo, printed on 29 October 2026 from databakkes.be/en/0405058736/serpo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Serpo from Sint-Niklaas, company number BE0405058736, closed financial year 2025 with a result of € 713,868 after tax. For that financial year Serpo recorded revenue of € 6.4 million and equity of € 7 million. Compared with financial year 2024, the result moved from € 467,894 to € 713,868. 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 August 31, 2026.

What it is worth Growing

€ 7 million

▲ 4% vs 2024

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

Profit Growing

€ 713,868

▲ 53% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 945,691

▼ 5% vs 2024

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

Where the profit goes Pays out

€ 333,840 paid out

47 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

15.4

▼ 0.4 vs 2024

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: € 862,984 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.5 million

▼ 10% vs 2024

€ 96,800 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.

Vehicles and equipment

€ 60,011

▼ 35% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 351,118

▲ 179% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 33 days on average.

Taxes and wages

€ 294,310

▲ 11% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 6,046,867 Revenue 2022: € 6,046,867 First fiscal year in the series	€ 5,368,211 Revenue 2023: € 5,368,211 ▼ 11% vs 2022 (€ 6,046,867) Unfavourable step	€ 5,050,071 Revenue 2024: € 5,050,071 ▼ 6% vs 2023 (€ 5,368,211) Unfavourable step	€ 6,381,993 Revenue 2025: € 6,381,993 ▲ 26% vs 2024 (€ 5,050,071) Favourable step	▲ 26%
Profit after taxes	€ 749,284 Profit after taxes 2022: € 749,284 First fiscal year in the series	€ 35,222 Profit after taxes 2023: € 35,222 ▼ 95% vs 2022 (€ 749,284) Unfavourable step	€ 467,894 Profit after taxes 2024: € 467,894 ▲ € 432,672 vs 2023 (€ 35,222) Favourable step	€ 713,868 Profit after taxes 2025: € 713,868 ▲ 53% vs 2024 (€ 467,894) Favourable step	▲ 53%
Equity	€ 6,832,308 Equity 2022: € 6,832,308 First fiscal year in the series	€ 6,567,402 Equity 2023: € 6,567,402 ▼ 4% vs 2022 (€ 6,832,308) Unfavourable step	€ 6,736,633 Equity 2024: € 6,736,633 ▲ 3% vs 2023 (€ 6,567,402) Favourable step	€ 6,999,652 Equity 2025: € 6,999,652 ▲ 4% vs 2024 (€ 6,736,633) Favourable step	▲ 4%
Total debts	€ 1,280,346 Total debts 2022: € 1,280,346 First fiscal year in the series	€ 1,020,831 Total debts 2023: € 1,020,831 ▼ 20% vs 2022 (€ 1,280,346) Favourable step	€ 740,125 Total debts 2024: € 740,125 ▼ 27% vs 2023 (€ 1,020,831) Favourable step	€ 1,153,186 Total debts 2025: € 1,153,186 ▲ 56% vs 2024 (€ 740,125) Unfavourable step	▲ 56%
Cash	€ 1,958,864 Cash 2022: € 1,958,864 First fiscal year in the series	€ 1,049,131 Cash 2023: € 1,049,131 ▼ 46% vs 2022 (€ 1,958,864) Unfavourable step	€ 999,070 Cash 2024: € 999,070 ▼ 5% vs 2023 (€ 1,049,131) Unfavourable step	€ 945,691 Cash 2025: € 945,691 ▼ 5% vs 2024 (€ 999,070) Unfavourable step	▼ 5%
Land & buildings	€ 1,598,082 Land & buildings 2022: € 1,598,082 First fiscal year in the series	€ 1,731,929 Land & buildings 2023: € 1,731,929 ▲ 8% vs 2022 (€ 1,598,082) Unchanged	€ 1,681,386 Land & buildings 2024: € 1,681,386 ▼ 3% vs 2023 (€ 1,731,929) Unchanged	€ 1,666,823 Land & buildings 2025: € 1,666,823 ▼ 1% vs 2024 (€ 1,681,386) Unchanged	▼ 1%
Retained profit	€ 6,332,061 Retained profit 2022: € 6,332,061 First fiscal year in the series	€ 6,067,155 Retained profit 2023: € 6,067,155 ▼ 4% vs 2022 (€ 6,332,061) Unfavourable step	€ 6,236,385 Retained profit 2024: € 6,236,385 ▲ 3% vs 2023 (€ 6,067,155) Favourable step	€ 6,499,404 Retained profit 2025: € 6,499,404 ▲ 4% vs 2024 (€ 6,236,385) Favourable step	▲ 4%
Dividend	€ 445,120 Dividend 2022: € 445,120 First fiscal year in the series	€ 222,560 Dividend 2023: € 222,560 ▼ 50% vs 2022 (€ 445,120) Unchanged	€ 222,560 Dividend 2024: € 222,560 Unchanged (€ 222,560) Unchanged	€ 333,840 Dividend 2025: € 333,840 ▲ 50% vs 2024 (€ 222,560) Unchanged	▲ 50%
Balance sheet total	€ 8,815,906 Balance sheet total 2022: € 8,815,906 First fiscal year in the series	€ 8,290,349 Balance sheet total 2023: € 8,290,349 ▼ 6% vs 2022 (€ 8,815,906) Unchanged	€ 8,177,739 Balance sheet total 2024: € 8,177,739 ▼ 1% vs 2023 (€ 8,290,349) Unchanged	€ 8,853,601 Balance sheet total 2025: € 8,853,601 ▲ 8% vs 2024 (€ 8,177,739) Unchanged	▲ 8%
Employees (FTE)	17 Employees (FTE) 2022: 17 First fiscal year in the series	16.3 Employees (FTE) 2023: 16.3 ▼ 0.7 vs 2022 (17) Unchanged	15.8 Employees (FTE) 2024: 15.8 ▼ 0.5 vs 2023 (16.3) Unchanged	15.4 Employees (FTE) 2025: 15.4 ▼ 0.4 vs 2024 (15.8) Unchanged	▼ 0.4

Key figures of Serpo, 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 Serpo?

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

2032 Herman Bernrath stepped down as director. NBB
Aug 31, 2026 New annual accounts for financial year 2025: profit of € 713,868 (▲ 53% vs 2024). filed late Source: NBB ↗
2026 Erich Thönnes stepped down as director. NBB
2026 Guido Klein stepped down as director. NBB
2026 Herman Bernrath became a director. NBB
2020 Erich Thönnes became a director. NBB
2020 Guido Klein became a director. NBB
Jan 1, 1968 Start of the company according to the CBE. KBO

In short

From € 749,284 profit in 2022 to € 713,868 profit in 2025.

Paid € 929,346 in corporate taxes since 2022.

Best year ever: 2022, with € 749,284 profit.

Paid out € 1.2 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

EUPEN FINANZ AG 46.2%

ETMA AG 10.4%

The stake of EUPEN FINANZ AG, ETMA AG comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Serpo

FormaFoam België 95%

Eupen Foam France 55%

The shares are held by EUPEN FINANZ AG (46.2%) and ETMA AG (10.4%). It owns 95% of FormaFoam België and 55% of Eupen Foam France itself.

Directors

According to the 2025 annual accounts

Erich Thönnes

Managing director

Also active at: Formafoam België, ETMA AG, Eupendis, THÖNNES-CREMER

since 2020 · until 2026

Guido Klein

Director

Also active at: BESCHUTZENDE WERKSTATTE EUPEN UND UMGEBUNG, Formafoam België

since 2020 · until 2026

Herman Bernrath

Director

since 2026 · until 2032

Shareholders

EUPEN FINANZ AG

46.2%

ETMA AG

10.4%

Participations

FormaFoam België

95%

Eupen Foam France

55%

Establishments

Establishment units

Physical locations of this company

Registered office

Industriepark-Noord 26

9100 Sint-Niklaas

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 →

FINAB

€ -78,890 gross margin · 2025

Imab

€ -30,250 gross margin · 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

0405.058.736

VAT number

BE 0405.058.736

Registered office

Industriepark-Noord 26, 9100 Sint-Niklaas

Names & denominations

Serpo

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 January 1968

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Vervaardiging van verpakkingsmateriaal van kunststof

Vervaardiging van industriële gassen

View on CBE Public ↗ Annual accounts (NBB) ↗

Serpo

Financials

What happened to Serpo?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions