Active · per the CBE, 29 October 2026

SICK

BE0431448872

Rechtspersoon Public limited company 1 establishment

SICK is a wholesaler in Asse. Public Limited, started on 29 June 1987, 1 establishment.

Doornveld 10, 1731 Asse

Active for

39 year, 4 months

Warning lights

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

  • Figures corrected NBB

    Corrected annual account filed for 2023.

Financials

Financial year 2025

SICK from Asse, company number BE0431448872, closed financial year 2025 with a result of € 607,693 after tax. For that financial year SICK recorded revenue of € 27.6 million and equity of € 4.1 million. Compared with financial year 2024, the result moved from € 10.2 million to € 607,693. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.

What it is worth Healthy

€ 4.1 million

▼ 32% vs 2024

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

Profit Healthy

€ 607,693

▼ 94% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 30

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

Where the profit goes Pays out

€ 2.5 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

37.1

▼ 14.5 vs 2024

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

Wage cost

€ 5.3 million

▼ 25% vs 2024

€ 142,000 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.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 2.3 million

▲ € 2.3 million vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 35 days on average.

Taxes and wages

€ 4.9 million

▼ 4% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
202320242025Change 2024 → 2025
Revenue € 41,460,344 € 37,599,470 € 27,622,959 ▼ 27%
Profit after taxes € 1,271,411 € 10,196,226 € 607,693 ▼ 94%
Equity € 5,780,366 € 5,976,592 € 4,084,285 ▼ 32%
Total debts € 10,984,899 € 16,443,176 € 10,355,812 ▼ 37%
Cash € 30 € 30 € 30
Retained profit € 5,705,998 € 5,902,224 € 4,009,917 ▼ 32%
Dividend € 1,000,000 € 10,000,000 € 2,500,000 ▼ 75%
Balance sheet total € 16,806,515 € 22,944,830 € 15,207,243 ▼ 34%
Employees (FTE) 50.9 51.6 37.1 ▼ 14.5

Key figures of SICK, fiscal years 2023 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 SICK?

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

  • Massimo Azzerri stepped down as director. NBB
  • Alan Reeves stepped down as director. NBB
  • Jan Van Hoof stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 607,693 (▼ 94% vs 2024). Source: NBB ↗
  • Massimo Azzerri became a director. NBB
  • Alan Reeves became a director. NBB
  • Jan Van Hoof became a director. NBB
  • New establishment in Asse. KBO

In short

From € 1.3 million profit in 2023 to € 607,693 profit in 2025.

Paid € 4.8 million in corporate taxes since 2023.

Best year ever: 2024, with € 10.2 million profit.

Paid out € 13.5 million in dividends to the owners in total.

Management

SICK AG 100%
SICK

The shares are held by SICK AG (100%).

Directors

According to the 2025 annual accounts

Massimo Azzerri

Director

since 2025 · until 2028

Alan Reeves

Director

since 2024 · until 2027

Jan Van Hoof

Director

since 2024 · until 2027

Shareholders

SICK AG

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Doornveld 10

1731 Asse

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

Details

Company number
0431.448.872
VAT number
BE 0431.448.872
Registered office
Doornveld 10, 1731 Asse
Names & denominations
SICK
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
29 June 1987
Peppol
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Frequently asked questions

What does SICK do?
SICK is a wholesaler in Asse. Public Limited, started on 29 June 1987, 1 establishment.
What is the address of SICK?
The registered office of SICK is located at Doornveld 10, 1731 Asse.
Is SICK still active?
Yes. According to the CBE (29 October 2026) SICK is active, legal situation “Normale toestand”, started on 29 June 1987.
Is SICK registered on Peppol?
Yes, SICK is registered on the Peppol network with ID 0208:0431448872.
What is the enterprise number of SICK?
The enterprise number of SICK is BE0431448872.
When was SICK founded?
SICK was founded on 29 June 1987.