Active · per the CBE, 29 October 2026

SIEPAS

BE0423875944

Rechtspersoon Private limited company 1 establishment

SIEPAS is a caterer in Zottegem. Private Limited, started on 14 April 1983, 1 establishment.

Gentse Steenweg 323, 9620 Zottegem

Behind the company: Wim Rasschaert.

Active for

43 year, 6 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

SIEPAS from Zottegem, company number BE0423875944, closed financial year 2025 with a result of € 34,484 after tax. For that financial year SIEPAS recorded a gross margin of € 121,819 and equity of € 89,686. Compared with financial year 2024, the result moved from € 16,883 to € 34,484. 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 June 19, 2026.

What it is worth Growing

€ 89,686

▲ 62% vs 2024

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

Profit Growing

€ 34,484

▲ 104% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 103,646

▲ 32% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 52,186.

People and assets in 2025

Full-time equivalents

0.8

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 16,316

▼ 79% vs 2024

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

€ 6,644

▼ 42% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 33,814

▼ 54% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 13,611

▲ 279% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 97

▼ € 19,315 vs 2024

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)
2022202320242025Change 2024 → 2025
Gross margin € 30,363 € 120,053 € 174,450 € 121,819 ▼ 30%
Profit after taxes € -106,331 € -22,249 € 16,883 € 34,484 ▲ 104%
Equity € 60,568 € 38,319 € 55,202 € 89,686 ▲ 62%
Total debts € 482,091 € 491,404 € 476,265 € 430,479 ▼ 10%
Cash € 15,928 € 35,245 € 78,334 € 103,646 ▲ 32%
Land & buildings € 97,637 € 89,653 € 81,669 € 90,938 ▲ 11%
Retained profit € 23,068 € 819 € 17,702 € 52,186 ▲ 195%
Bank debt € 150,645 € 110,853 € 74,136 € 33,814 ▼ 54%
Balance sheet total € 542,659 € 529,722 € 531,466 € 520,165 ▼ 2%
Employees (FTE) 0.8 0.8 0.8 0.8

Key figures of SIEPAS, 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 SIEPAS?

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

  • New annual accounts for financial year 2025: profit of € 34,484 (▲ 104% vs 2024). Source: NBB ↗
  • Wim Rasschaert became a director. NBB
  • New establishment in Zottegem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 106,331 loss in 2022 to € 34,484 profit in 2025.

Paid € 1,742 in corporate taxes since 2022.

Best year ever: 2025, with € 34,484 profit.

Management

The stake of Raspat Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

SIEPAS

Behind SIEPAS is Wim Rasschaert. The shares are held by Raspat Holding (100%).

Directors

According to the 2025 annual accounts

Wim Rasschaert

Director

Also active at: Raspat Holding, Wim Rasschaert Advocatenkantoor

since 2021

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Gentse Steenweg 323

9620 Zottegem

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
0423.875.944
VAT number
BE 0423.875.944
Registered office
Gentse Steenweg 323, 9620 Zottegem
Names & denominations
SIEPAS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
14 April 1983
Peppol
Active · Active since 1 Sept 2026
Activities · NACE

Catering van evenementen

Groothandel in vlees en vleeswaren, exclusief vlees van gevogelte en van wild

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte

Detailhandel in dranken, algemeen assortiment

Detailhandel in alcoholische en andere dranken

Frequently asked questions

What does SIEPAS do?
SIEPAS is a caterer in Zottegem. Private Limited, started on 14 April 1983, 1 establishment.
What is the address of SIEPAS?
The registered office of SIEPAS is located at Gentse Steenweg 323, 9620 Zottegem.
Is SIEPAS still active?
Yes. According to the CBE (29 October 2026) SIEPAS is active, legal situation “Normale toestand”, started on 14 April 1983.
Is SIEPAS registered on Peppol?
Yes, SIEPAS is registered on the Peppol network with ID 0208:0423875944.
What is the enterprise number of SIEPAS?
The enterprise number of SIEPAS is BE0423875944.
When was SIEPAS founded?
SIEPAS was founded on 14 April 1983.