Warning lights
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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Sipedic from Brasschaat, company number BE0407194518, closed financial year 2025 with a result of € -559,371 after tax. For that financial year Sipedic recorded a gross margin of € -124,023 and equity of € -9.2 million. Compared with financial year 2024, the result moved from € -671,304 to € -559,371. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ -9.2 million
▼ € 559,371 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -559,371
▲ 17 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -11.5 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 118,777
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,506
▲ 10% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -311,516 | € -203,200 | € -227,827 | € -124,023 | ▲ € 103,804 |
| Profit after taxes | € -656,337 | € -631,842 | € -671,304 | € -559,371 | ▲ € 111,933 |
| Equity | € -7,338,672 | € -7,970,514 | € -8,641,818 | € -9,201,189 | ▼ € 559,371 |
| Total debts | € 9,790,269 | € 10,389,911 | € 11,029,017 | € 11,559,281 | ▲ 5% |
| Land & buildings | € 2,451,047 | € 2,418,820 | € 2,386,594 | € 2,354,368 | ▼ 1% |
| Retained profit | € -9,754,239 | € -10,354,179 | € -10,993,579 | € -11,521,047 | ▼ € 527,468 |
| Balance sheet total | € 2,451,597 | € 2,419,397 | € 2,387,199 | € 2,358,092 | ▼ 1% |
Key figures of Sipedic, 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 Sipedic?
What happened at Sipedic in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 559,371. Source: NBB ↗
- EUROPEAN ASSET MANAGEMENT NV became a director. NBB
- New establishment in Brasschaat. KBO
- Start of the company according to the CBE. KBO
In short
From € 656,337 loss in 2022 to € 559,371 loss in 2025.
Management
Behind Sipedic is EUROPEAN ASSET MANAGEMENT NV. EUROPEAN ASSET MANAGEMENT NV is also behind EUROPEAN PROPERTY DEVELOPMENT GROUP BELGIUM.
Directors
According to the 2025 annual accounts
Managing director · represented by Wouter Guis
Also active at: EUROPEAN PROPERTY DEVELOPMENT GROUP BELGIUM
since 2014
Establishments
Establishment units
Physical locations of this company
Bredabaan 44
2930 Brasschaat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0407.194.518
- VAT number
- BE 0407.194.518
- Registered office
- Bredabaan 44, 2930 Brasschaat
- Names & denominations
- Sipedic
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 1970
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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