Active · per the CBE, 29 October 2026

SIPRESS

BE0429619829

Rechtspersoon Public limited company 1 establishment

SIPRESS is a property manager in Brussel. Public Limited, started on 20 October 1986, 1 establishment.

Oorlogskruisenlaan 326 box 3, 1120 Brussel

Active for

40 year

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 26 % of short-term debt in 2026; threshold 65 %.

Financials

Financial year 2026

SIPRESS from Brussel, company number BE0429619829, closed financial year 2026 with a result of € 13,131 after tax. For that financial year SIPRESS recorded a gross margin of € 104,583 and equity of € 302,871. Compared with financial year 2025, the result moved from € 1,045 to € 13,131. 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 October 6, 2026.

What it is worth Growing

€ 302,871

▲ 5% vs 2025

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

Profit Growing

€ 13,131

▲ € 12,086 vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 1,335

▲ 4% vs 2025

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

Where the profit goes Growing

Stays in the company

No dividend for 2026. Retained profit grew to € 142,871.

People and assets in 2026

Wage cost

€ 20,901

▲ 10% vs 2025

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2026

Bank debt

None

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

Owed to suppliers

€ 89,116

▲ 31% vs 2025

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

Taxes and wages

€ 13,666

▼ 46% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2023202420252026Change 2025 → 2026
Gross margin € 100,623 € 95,125 € 94,176 € 104,583 ▲ 11%
Profit after taxes € 10,269 € 3,147 € 1,045 € 13,131 ▲ € 12,086
Equity € 285,548 € 288,695 € 289,740 € 302,871 ▲ 5%
Total debts € 548,627 € 470,072 € 414,501 € 377,359 ▼ 9%
Cash € 3,776 € 3,031 € 1,281 € 1,335 ▲ 4%
Land & buildings € 776,763 € 738,235 € 699,707 € 661,180 ▼ 6%
Retained profit € 125,548 € 128,695 € 129,740 € 142,871 ▲ 10%
Bank debt € 323,000 € 269,000 € 45,000 € 0 ▼ 100%
Balance sheet total € 834,175 € 781,267 € 726,741 € 712,606 ▼ 2%

Key figures of SIPRESS, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to SIPRESS?

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

  • Frank De Palmenaer stepped down as director. NBB
  • Argonauten BV stepped down as director. NBB
  • New annual accounts for financial year 2026: profit of € 13,131 (▲ € 12,086 vs 2025). Source: NBB ↗
  • Frank De Palmenaer became a director. NBB
  • Argonauten BV became a director. NBB
  • New establishment in Ganshoren. KBO
  • Start of the company according to the CBE. KBO

In short

From € 10,269 profit in 2023 to € 13,131 profit in 2026.

Paid € 17,856 in corporate taxes since 2023.

Best year ever: 2026, with € 13,131 profit.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2026 annual accounts

Frank De Palmenaer

Director

Also active at: FRAPAL, STUDIE- EN EXPERTISEBUREAU DE PALMENAER, Studiebureau voor wegen- en Bouwkunde - Ontwerpen, Palladion, 2B Construct, SOCRATES BUSINESS CENTER, ABO Logistics, GEOSONDA +15 more

since 2024 · until 2030

Argonauten BV

Director · represented by Alexander De Palmenaer

Also active at: 2B Construct, IDEPLUS, SKOUKY'S PROPERTIES, ABO-GROUP ENVIRONMENT

since 2024 · until 2030

Establishments

Establishment units

Physical locations of this company

Registered office

Oorlogskruisenlaan 326 box 3

1120 Brussel

2.043.556.507

Keizer Karellaan 292

1083 Ganshoren

Active since 14 May 1993

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

Details

Company number
0429.619.829
VAT number
BE 0429.619.829
Registered office
Oorlogskruisenlaan 326 bus 3, 1120 Brussel
Names & denominations
SIPRESS
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
20 October 1986
Peppol
Active · Active since 21 Oct 2026
Activities · NACE

Activiteiten van syndici van onroerend goed

Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis

View on CBE Public ↗ Annual accounts (NBB) ↗

Frequently asked questions

What does SIPRESS do?
SIPRESS is a property manager in Brussel. Public Limited, started on 20 October 1986, 1 establishment.
What is the address of SIPRESS?
The registered office of SIPRESS is located at Oorlogskruisenlaan 326 box 3, 1120 Brussel.
Is SIPRESS still active?
Yes. According to the CBE (29 October 2026) SIPRESS is active, legal situation “Normale toestand”, started on 20 October 1986.
Is SIPRESS registered on Peppol?
Yes, SIPRESS is registered on the Peppol network with ID 0208:0429619829.
What is the enterprise number of SIPRESS?
The enterprise number of SIPRESS is BE0429619829.
When was SIPRESS founded?
SIPRESS was founded on 20 October 1986.