What is the address of SIAT?

The registered office of SIAT is located at Romboutsstraat 6-8, 1932 Zaventem.

Is SIAT still active?

Yes. According to the CBE (29 October 2026) SIAT is active, legal situation “Normale toestand”, started on 28 June 1991.

Is SIAT registered on Peppol?

Yes, SIAT is registered on the Peppol network with ID 0208:0444559314.

What is the enterprise number of SIAT?

The enterprise number of SIAT is BE0444559314.

When was SIAT founded?

SIAT was founded on 28 June 1991.

Who are the directors of SIAT?

According to the 2025 annual accounts, the directors of SIAT are: Arikawe Adewale, de Canière Xavier, Felix Nwabuko, Van Hoydonck François, Osuntoki Grace Titilayo ('Titi'), GINKGO Associates CommV, Ibekwe Obi, Rasheed Sarumi (jnr.) Olakanmi.

Is SIAT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 June 1991; 5 annual accounts filed, latest fiscal year 2025; 11 directors known from the annual account.

How much profit did SIAT make in 2025?

SIAT posted a profit after taxes of € 31,437,246 in financial year 2025.

What is the revenue of SIAT?

In its most recent annual accounts (2025), SIAT reported revenue of € 33,154,825.

How much does an employee at SIAT earn?

The average wage cost per full-time employee at SIAT was € 119,000 in 2025: staff costs of € 987,804 for 8.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SIAT have?

According to the 2025 annual accounts, SIAT has 8.3 full-time equivalents (FTE).

Does SIAT have a website?

Yes, SIAT has a website at siat-group.com.

SIAT (Public Limited) - Zaventem - BE0444559314

Q: What does SIAT do?

SIAT is registered with the CBE as active in: Diverse ondersteunende activiteiten ten behoeve van voorzieningen. Public Limited, started on 28 June 1991, 1 establishment.

Dossier SIAT, printed on 29 October 2026 from databakkes.be/en/0444559314/siat. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

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

Shrinking team NBB

FTE fell two years in a row, from 11.4 to 8.3.

Financials

Financial year 2025

SIAT from Zaventem, company number BE0444559314, closed financial year 2025 with a result of € 31.4 million after tax. For that financial year SIAT recorded revenue of € 33.2 million and equity of € 181.6 million. Compared with financial year 2024, the result moved from € 20.8 million to € 31.4 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.

What it is worth Healthy

€ 181.6 million

▼ 18% vs 2024

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

Profit Growing

€ 31.4 million

▲ 51% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.5 million

▼ 63% 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 € 60.4 million.

People and assets in 2025

Full-time equivalents

8.3

▼ 0.9 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: € 8.6 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 987,804

▼ 17% vs 2024

€ 119,000 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.

Vehicles and equipment

€ 1.7 million

▼ 26% vs 2024

Of which on lease € 1.7 million.

Debts at end 2025

Bank debt ≈ 3 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.

€ 2.2 million

▼ 24% vs 2024

€ 756,727 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 8.5 million

▼ 15% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 118 days on average.

Wages and social charges

€ 82,458

▼ 20% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 23,845,075 Revenue 2022: € 23,845,075 First fiscal year in the series	€ 28,008,456 Revenue 2023: € 28,008,456 ▲ 17% vs 2022 (€ 23,845,075) Favourable step	€ 23,304,253 Revenue 2024: € 23,304,253 ▼ 17% vs 2023 (€ 28,008,456) Unfavourable step	€ 33,154,825 Revenue 2025: € 33,154,825 ▲ 42% vs 2024 (€ 23,304,253) Favourable step	▲ 42%
Profit after taxes	€ 9,907,154 Profit after taxes 2022: € 9,907,154 First fiscal year in the series	€ 12,096,270 Profit after taxes 2023: € 12,096,270 ▲ 22% vs 2022 (€ 9,907,154) Favourable step	€ 20,818,246 Profit after taxes 2024: € 20,818,246 ▲ 72% vs 2023 (€ 12,096,270) Favourable step	€ 31,437,246 Profit after taxes 2025: € 31,437,246 ▲ 51% vs 2024 (€ 20,818,246) Favourable step	▲ 51%
Equity	€ 206,415,727 Equity 2022: € 206,415,727 First fiscal year in the series	€ 218,511,997 Equity 2023: € 218,511,997 ▲ 6% vs 2022 (€ 206,415,727) Favourable step	€ 220,141,145 Equity 2024: € 220,141,145 ▲ 1% vs 2023 (€ 218,511,997) Favourable step	€ 181,578,391 Equity 2025: € 181,578,391 ▼ 18% vs 2024 (€ 220,141,145) Unfavourable step	▼ 18%
Total debts	€ 25,496,101 Total debts 2022: € 25,496,101 First fiscal year in the series	€ 19,703,793 Total debts 2023: € 19,703,793 ▼ 23% vs 2022 (€ 25,496,101) Favourable step	€ 22,012,306 Total debts 2024: € 22,012,306 ▲ 12% vs 2023 (€ 19,703,793) Unfavourable step	€ 120,371,307 Total debts 2025: € 120,371,307 ▲ € 98.4 million vs 2024 (€ 22,012,306) Unfavourable step	▲ € 98.4 million
Cash	€ 3,079,383 Cash 2022: € 3,079,383 First fiscal year in the series	€ 4,065,855 Cash 2023: € 4,065,855 ▲ 32% vs 2022 (€ 3,079,383) Favourable step	€ 4,098,420 Cash 2024: € 4,098,420 ▲ 1% vs 2023 (€ 4,065,855) Favourable step	€ 1,534,871 Cash 2025: € 1,534,871 ▼ 63% vs 2024 (€ 4,098,420) Unfavourable step	▼ 63%
Retained profit	€ 15,260,934 Retained profit 2022: € 15,260,934 First fiscal year in the series	€ 27,357,204 Retained profit 2023: € 27,357,204 ▲ 79% vs 2022 (€ 15,260,934) Favourable step	€ 28,986,353 Retained profit 2024: € 28,986,353 ▲ 6% vs 2023 (€ 27,357,204) Favourable step	€ 60,423,598 Retained profit 2025: € 60,423,598 ▲ 108% vs 2024 (€ 28,986,353) Favourable step	▲ 108%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 19,189,097 Dividend 2024: € 19,189,097 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 19,189,097) Unchanged	▼ 100%
Bank debt	€ 12,703,831 Bank debt 2022: € 12,703,831 First fiscal year in the series	€ 7,578,867 Bank debt 2023: € 7,578,867 ▼ 40% vs 2022 (€ 12,703,831) Favourable step	€ 2,923,996 Bank debt 2024: € 2,923,996 ▼ 61% vs 2023 (€ 7,578,867) Favourable step	€ 2,220,036 Bank debt 2025: € 2,220,036 ▼ 24% vs 2024 (€ 2,923,996) Favourable step	▼ 24%
Balance sheet total	€ 231,911,828 Balance sheet total 2022: € 231,911,828 First fiscal year in the series	€ 238,215,790 Balance sheet total 2023: € 238,215,790 ▲ 3% vs 2022 (€ 231,911,828) Unchanged	€ 242,153,451 Balance sheet total 2024: € 242,153,451 ▲ 2% vs 2023 (€ 238,215,790) Unchanged	€ 301,949,699 Balance sheet total 2025: € 301,949,699 ▲ 25% vs 2024 (€ 242,153,451) Unchanged	▲ 25%
Employees (FTE)	12.8 Employees (FTE) 2022: 12.8 First fiscal year in the series	11.4 Employees (FTE) 2023: 11.4 ▼ 1.4 vs 2022 (12.8) Unchanged	9.2 Employees (FTE) 2024: 9.2 ▼ 2.2 vs 2023 (11.4) Unchanged	8.3 Employees (FTE) 2025: 8.3 ▼ 0.9 vs 2024 (9.2) Unchanged	▼ 0.9

Key figures of SIAT, 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 SIAT?

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

2031 Arikawe Adewale stepped down as director. NBB
2030 Van Hoydonck François stepped down as director. NBB
2030 Osuntoki Grace Titilayo ('Titi') stepped down as director. NBB
2029 Ibekwe Obi stepped down as director. NBB
2029 GINKGO Associates CommV stepped down as director. NBB
2029 Sarumi Olakanmi Rasheed stepped down as director. NBB
2029 Babatunde Oduyimika Hassan-Odukale stepped down as director. NBB
Jun 30, 2026 New annual accounts for financial year 2025: profit of € 31.4 million (▲ 51% vs 2024). Source: NBB ↗

In short

From € 9.9 million profit in 2022 to € 31.4 million profit in 2025.

Paid € 9.7 million in corporate taxes since 2022.

Best year ever: 2025, with € 31.4 million profit.

Paid out € 19.2 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

FIMAVE 86.7%

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

SIAT

SWIFT RUBBER SINGAPORE Ltd 100%

DEROOSE PLANTS 81.4%

PRESCO PLC 61.2%

The shares are held by FIMAVE (86.7%). It owns 100% of SWIFT RUBBER SINGAPORE Ltd, 81.4% of DEROOSE PLANTS and 61.2% of PRESCO PLC itself.

Directors

According to the 2025 annual accounts

Arikawe Adewale

Director

since 2026 · until 2031

de Canière Xavier

Director

since 2024 · until 2025

Felix Nwabuko

Director

since 2024 · until 2026

Van Hoydonck François

Director

since 2025 · until 2030

Osuntoki Grace Titilayo ('Titi')

Director

since 2025 · until 2030

GINKGO Associates CommV

Director · represented by Filip Dierckx

Also active at: Gimv, WORX FOR SOCIETY, TINC Manager, WorxInvest Subholding, WorxInvest Holding, WorxInvest, HAZELHEARTWOOD, i3-Group Holding +3 more

since 2024 · until 2029

Ibekwe Obi

Director

since 2025 · until 2029

Rasheed Sarumi (jnr.) Olakanmi

Director

since 2024 · until 2025

Sarumi Olakanmi Rasheed

Director

since 2024 · until 2029

Arigbede Olaronke Sadiat

Director

since 2024 · until 2025

Babatunde Oduyimika Hassan-Odukale

Director

since 2024 · until 2029

Shareholders

FIMAVE

86.7%

Participations

SWIFT RUBBER SINGAPORE Ltd

100%

DEROOSE PLANTS

81.4%

PRESCO PLC

61.2%

Establishments

Establishment units

Physical locations of this company

Registered office

Romboutsstraat 6-8

1932 Zaventem

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

Website

HTTPS siat-group.com

Canonical: https://www.siat-group.com/

About

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Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

DNS

OVH DNS

Domain

siat-group.com

Registered

2012-02-24

Registrar

OVH sas

Expires

2027-02-24

Website info

HTTPS Ja

Languages EN

Features

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Security

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Details

Company number

0444.559.314

VAT number

BE 0444.559.314

Registered office

Romboutsstraat 6-8, 1932 Zaventem

Names & denominations

SIAT

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

28 June 1991

Peppol

Active · Active since 8 May 2025

Contact

siat-group.com

Activities · NACE

Diverse ondersteunende activiteiten ten behoeve van voorzieningen

Beheer van overig onroerend goed

Activiteiten van holdings

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

Holdings

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

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

View on CBE Public ↗ Annual accounts (NBB) ↗

SIAT

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Financials

What happened to SIAT?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Hosting & Email

Domain

Website info

Features

Security

Details

Frequently asked questions