What is the address of S.A.D. MANAGEMENT?

The registered office of S.A.D. MANAGEMENT is located at Avenue Robert Schuman 181, 1401 Nivelles.

Is S.A.D. MANAGEMENT still active?

Yes. According to the CBE (29 October 2026) S.A.D. MANAGEMENT is active, legal situation “Normale toestand”, started on 19 December 1983.

Is S.A.D. MANAGEMENT registered on Peppol?

Yes, S.A.D. MANAGEMENT is registered on the Peppol network with ID 0208:0425087751.

What is the enterprise number of S.A.D. MANAGEMENT?

The enterprise number of S.A.D. MANAGEMENT is BE0425087751.

When was S.A.D. MANAGEMENT founded?

S.A.D. MANAGEMENT was founded on 19 December 1983.

Who are the directors of S.A.D. MANAGEMENT?

According to the 2025 annual accounts, the directors of S.A.D. MANAGEMENT are: Michel Minet, ENERGIDEA SRL, Jean-Claude DELIGNE, FIPRO BETEILIGUNG S.A..

Is S.A.D. MANAGEMENT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 December 1983; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did S.A.D. MANAGEMENT make in 2025?

S.A.D. MANAGEMENT posted a profit after taxes of € 505,071 in financial year 2025.

What is the revenue of S.A.D. MANAGEMENT?

In its most recent annual accounts (2025), S.A.D. MANAGEMENT reported revenue of € 3,138,504.

How much does an employee at S.A.D. MANAGEMENT earn?

The average wage cost per full-time employee at S.A.D. MANAGEMENT was € 101,700 in 2025: staff costs of € 1.1 million for 10.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does S.A.D. MANAGEMENT have?

According to the 2025 annual accounts, S.A.D. MANAGEMENT has 10.5 full-time equivalents (FTE).

S.A.D. MANAGEMENT (Public Limited) - Nivelles

Q: What does S.A.D. MANAGEMENT do?

S.A.D. MANAGEMENT is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Public Limited, started on 19 December 1983, 1 establishment.

Dossier S.A.D. MANAGEMENT, printed on 29 October 2026 from databakkes.be/en/0425087751/s-a-d-management. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

S.A.D. MANAGEMENT from Nivelles, company number BE0425087751, closed financial year 2025 with a result of € 505,071 after tax. For that financial year S.A.D. MANAGEMENT recorded revenue of € 3.1 million and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 447,528 to € 505,071. 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 June 11, 2026.

What it is worth Growing

€ 2.9 million

▲ 15% vs 2024

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

Profit Growing

€ 505,071

▲ 13% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 90,891

▲ 39% vs 2024

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

Where the profit goes Pays out

€ 120,000 paid out

24 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

10.5

▲ 1.5 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: € 2.2 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.1 million

▲ 15% vs 2024

€ 101,700 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

€ 59,542

▲ 34% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 382,029

▼ 51% vs 2024

€ 28,985 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 770,571

▲ 40% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 127 days on average.

Taxes and wages

€ 1.4 million

▲ 45% 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	€ 1,782,959 Revenue 2022: € 1,782,959 First fiscal year in the series	€ 2,418,400 Revenue 2023: € 2,418,400 ▲ 36% vs 2022 (€ 1,782,959) Favourable step	€ 2,703,492 Revenue 2024: € 2,703,492 ▲ 12% vs 2023 (€ 2,418,400) Favourable step	€ 3,138,504 Revenue 2025: € 3,138,504 ▲ 16% vs 2024 (€ 2,703,492) Favourable step	▲ 16%
Profit after taxes	€ -289,053 Profit after taxes 2022: € -289,053 First fiscal year in the series	€ 42,558 Profit after taxes 2023: € 42,558 ▲ € 331,611 vs 2022 (€ -289,053) Favourable step	€ 447,528 Profit after taxes 2024: € 447,528 ▲ € 404,970 vs 2023 (€ 42,558) Favourable step	€ 505,071 Profit after taxes 2025: € 505,071 ▲ 13% vs 2024 (€ 447,528) Favourable step	▲ 13%
Equity	€ 2,945,492 Equity 2022: € 2,945,492 First fiscal year in the series	€ 2,321,654 Equity 2023: € 2,321,654 ▼ 21% vs 2022 (€ 2,945,492) Unfavourable step	€ 2,548,052 Equity 2024: € 2,548,052 ▲ 10% vs 2023 (€ 2,321,654) Favourable step	€ 2,933,124 Equity 2025: € 2,933,124 ▲ 15% vs 2024 (€ 2,548,052) Favourable step	▲ 15%
Total debts	€ 873,067 Total debts 2022: € 873,067 First fiscal year in the series	€ 1,584,894 Total debts 2023: € 1,584,894 ▲ 82% vs 2022 (€ 873,067) Unfavourable step	€ 2,530,404 Total debts 2024: € 2,530,404 ▲ 60% vs 2023 (€ 1,584,894) Unfavourable step	€ 2,697,212 Total debts 2025: € 2,697,212 ▲ 7% vs 2024 (€ 2,530,404) Unfavourable step	▲ 7%
Cash	€ 74,401 Cash 2022: € 74,401 First fiscal year in the series	€ 106,042 Cash 2023: € 106,042 ▲ 43% vs 2022 (€ 74,401) Favourable step	€ 65,617 Cash 2024: € 65,617 ▼ 38% vs 2023 (€ 106,042) Unfavourable step	€ 90,891 Cash 2025: € 90,891 ▲ 39% vs 2024 (€ 65,617) Favourable step	▲ 39%
Retained profit	€ 1,100,602 Retained profit 2022: € 1,100,602 First fiscal year in the series	€ 476,763 Retained profit 2023: € 476,763 ▼ 57% vs 2022 (€ 1,100,602) Unfavourable step	€ 703,162 Retained profit 2024: € 703,162 ▲ 47% vs 2023 (€ 476,763) Favourable step	€ 1,088,233 Retained profit 2025: € 1,088,233 ▲ 55% vs 2024 (€ 703,162) Favourable step	▲ 55%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 650,000 Dividend 2023: € 650,000 Unchanged (€ 0) Unchanged	€ 200,000 Dividend 2024: € 200,000 ▼ 69% vs 2023 (€ 650,000) Unchanged	€ 120,000 Dividend 2025: € 120,000 ▼ 40% vs 2024 (€ 200,000) Unchanged	▼ 40%
Bank debt	€ 375,000 Bank debt 2022: € 375,000 First fiscal year in the series	€ 466,332 Bank debt 2023: € 466,332 ▲ 24% vs 2022 (€ 375,000) Unfavourable step	€ 774,953 Bank debt 2024: € 774,953 ▲ 66% vs 2023 (€ 466,332) Unfavourable step	€ 382,029 Bank debt 2025: € 382,029 ▼ 51% vs 2024 (€ 774,953) Favourable step	▼ 51%
Balance sheet total	€ 3,818,560 Balance sheet total 2022: € 3,818,560 First fiscal year in the series	€ 3,906,548 Balance sheet total 2023: € 3,906,548 ▲ 2% vs 2022 (€ 3,818,560) Unchanged	€ 5,078,457 Balance sheet total 2024: € 5,078,457 ▲ 30% vs 2023 (€ 3,906,548) Unchanged	€ 5,630,336 Balance sheet total 2025: € 5,630,336 ▲ 11% vs 2024 (€ 5,078,457) Unchanged	▲ 11%
Employees (FTE)	5.6 Employees (FTE) 2022: 5.6 First fiscal year in the series	7.4 Employees (FTE) 2023: 7.4 ▲ 1.8 vs 2022 (5.6) Unchanged	9 Employees (FTE) 2024: 9 ▲ 1.6 vs 2023 (7.4) Unchanged	10.5 Employees (FTE) 2025: 10.5 ▲ 1.5 vs 2024 (9) Unchanged	▲ 1.5

Key figures of S.A.D. MANAGEMENT, 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 S.A.D. MANAGEMENT?

What happened at S.A.D. MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Michel Minet stepped down as director. NBB
2029 ENERGIDEA SRL stepped down as director. NBB
2029 Jean-Claude DELIGNE stepped down as director. NBB
2029 FIPRO BETEILIGUNG S.A. stepped down as director. NBB
Jun 11, 2026 New annual accounts for financial year 2025: profit of € 505,071 (▲ 13% vs 2024). Source: NBB ↗
2024 Michel Minet became a director. NBB
2022 FIPRO BETEILIGUNG S.A. became a director. NBB
2022 ENERGIDEA SRL became a director. NBB

In short

From € 289,053 loss in 2022 to € 505,071 profit in 2025.

Paid € 154,877 in corporate taxes since 2022.

Best year ever: 2025, with € 505,071 profit.

Paid out € 970,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Fonds Privé "Sadinter" 29.2%

S.A.D. MANAGEMENT

ELEPOWER S.A. 100%

SAD IMMO 100%

SADINTER-SOGECOMEX 100%

SADINTER BV 100%

The shares are held by Fonds Privé "Sadinter" (29.2%). It owns 100% of ELEPOWER S.A., 100% of SAD IMMO, 100% of SADINTER-SOGECOMEX, 100% of SADINTER BV, 100% of ELECOM and 100% of SADINTER itself.

Directors

According to the 2025 annual accounts

Michel Minet

Director

Also active at: LIGUE FRANCOPHONE DE HOCKEY

since 2024 · until 2029

ENERGIDEA SRL

Managing director · represented by Christophe DELIGNE

since 2022 · until 2029

Jean-Claude DELIGNE

Director

since 2017 · until 2029

FIPRO BETEILIGUNG S.A.

Director · represented by Jérôme Segard

since 2022 · until 2029

Shareholders

Fonds Privé "Sadinter"

29.2%

Participations

ELEPOWER S.A.

100%

SAD IMMO

100%

SADINTER-SOGECOMEX

100%

SADINTER BV

100%

ELECOM

100%

SADINTER

100%

OMEGA

75%

EXPERTO BV

75%

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue Robert Schuman 181

1401 Nivelles

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.

All companies at this address →

Elecom same network

€ 24.3 million revenue · 2025

SAD IMMO same network

Sogelocim

€ 14,184 gross margin · 2025

SADINTER same network

€ 24.1 million revenue · 2025

SAD GROUP

+3 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0425.087.751

VAT number

BE 0425.087.751

Registered office

Avenue Robert Schuman 181, 1401 Nivelles

Names & denominations

S.A.D. MANAGEMENT

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

19 December 1983

Peppol

Active · Active since 5 Dec 2025

Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

S.A.D. MANAGEMENT

Financials

What happened to S.A.D. MANAGEMENT?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions