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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 Lab Simon from Wavre, company number BE0411881794, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year SGS Lab Simon recorded revenue of € 25.8 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 1.4 million to € 1.6 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 4, 2026.
€ 1.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.6 million
▲ 18% vs 2024
Profit after tax over the fiscal year.
€ 206,549
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.6 million paid out
100 % of the profit went to the shareholders, mostly to SGS BELGIUM NV (100 % of the shares). That is where the money ends up.
People and assets in 2025
177.9
▼ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 11.5 million
▲ 5% vs 2024
€ 64,400 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.
€ 132,968
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6.2 million
▲ 17% vs 2024
Loans from banks and other lenders, long and short.
€ 1.8 million
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 54 days on average.
€ 2.2 million
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 32,502,565 | € 24,931,417 | € 25,948,411 | € 25,762,074 | ▼ 1% |
| Profit after taxes | € 5,672,734 | € 540,209 | € 1,371,365 | € 1,622,988 | ▲ 18% |
| Equity | € 1,226,867 | € 1,227,075 | € 1,228,440 | € 1,231,428 | |
| Total debts | € 11,696,266 | € 11,168,885 | € 11,047,086 | € 11,795,616 | ▲ 7% |
| Cash | € 613,181 | € 718,069 | € 317,858 | € 206,549 | ▼ 35% |
| Land & buildings | € 2,795,781 | € 3,594,379 | € 3,774,681 | € 3,705,456 | ▼ 2% |
| Retained profit | € 130,513 | € 130,722 | € 132,087 | € 135,075 | ▲ 2% |
| Dividend | € 5,700,000 | € 540,000 | € 1,370,000 | € 1,620,000 | ▲ 18% |
| Bank debt | € 379,679 | € 5,984,144 | € 5,273,720 | € 6,152,208 | ▲ 17% |
| Balance sheet total | € 12,923,132 | € 12,395,961 | € 12,415,045 | € 13,027,044 | ▲ 5% |
| Employees (FTE) | 178.9 | 180 | 180.3 | 177.9 | ▼ 2.4 |
Key figures of SGS Lab Simon, 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 Lab Simon?
What happened at SGS Lab Simon in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kristof Van den Elsen stepped down as director. NBB
- Johan Pype stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- Kristof Van den Elsen became a director. NBB
- Johan Pype became a director. NBB
- New establishment in Wavre. KBO
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 5.7 million profit in 2022 to € 1.6 million profit in 2025.
Paid € 3.4 million in corporate taxes since 2022.
Best year ever: 2022, with € 5.7 million profit.
Paid out € 9.2 million in dividends to the owners in total.
Management
The shares are held by SGS BELGIUM NV (100%).
Directors
According to the 2025 annual accounts
since 2024 · until 2027
Johan Pype
Chairman of the board
Also active at: SGS BELGIUM, SGS Statutory Services Belgium, SGS Emergency, Waste & Chemical Services, EXPRESS SOLUTIONS, HAZGO, SGS MACO CUSTOMS SERVICE BELGIUM
since 2024 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vieux Chemin du Poète 10
1301 Wavre
Avenue Einstein 8
1300 Wavre
Active since 31 January 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0411.881.794
- VAT number
- BE 0411.881.794
- Registered office
- Vieux Chemin du Poète 10, 1301 Wavre
- Names & denominations
- SGS Lab Simon
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 1971
- Peppol
- Active · Active since 19 May 2025
- Activities · NACE
Overige technische testen en toetsen
Activiteiten van medische beeldvorming en medische laboratoria
Medische laboratoria
Activiteiten van medische laboratoria