Financials
Financial year 2025
SITEREM from Ottignies-Louvain-la-Neuve, company number BE0450878764, closed financial year 2025 with a result of € 146,841 after tax. For that financial year SITEREM recorded a gross margin of € 1.3 million and equity of € 695,054. Compared with financial year 2024, the result moved from € 93,575 to € 146,841. 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 July 7, 2026.
€ 695,054
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 146,841
▲ 57% vs 2024
Profit after tax over the fiscal year.
€ 475,450
▲ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 105,000 paid out
72 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
13.7
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 974,772
▼ 1% vs 2024
€ 71,200 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.
€ 198,349
▲ 160% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 433,602
▼ 6% vs 2024
€ 94,825 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 260,789
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 178,691
▲ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,055,637 | € 1,192,985 | € 1,251,837 | € 1,328,123 | ▲ 6% |
| Profit after taxes | € 37,427 | € 104,531 | € 93,575 | € 146,841 | ▲ 57% |
| Equity | € 797,728 | € 615,883 | € 656,756 | € 695,054 | ▲ 6% |
| Total debts | € 823,148 | € 1,010,487 | € 899,198 | € 998,732 | ▲ 11% |
| Cash | € 158,940 | € 250,933 | € 369,661 | € 475,450 | ▲ 29% |
| Land & buildings | € 612,732 | € 573,890 | € 540,371 | € 503,776 | ▼ 7% |
| Retained profit | € 682,617 | € 504,315 | € 548,730 | € 590,570 | ▲ 8% |
| Dividend | € 21,428 | € 252,008 | € 49,160 | € 105,000 | ▲ 114% |
| Bank debt | € 354,988 | € 322,439 | € 458,928 | € 433,602 | ▼ 6% |
| Balance sheet total | € 1,620,876 | € 1,626,370 | € 1,555,953 | € 1,693,785 | ▲ 9% |
| Employees (FTE) | 15.1 | 13.4 | 14.2 | 13.7 | ▼ 0.5 |
Key figures of SITEREM, 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 SITEREM?
What happened at SITEREM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vincent Vanderheyden stepped down as director. NBB
- David Couvreur stepped down as director. NBB
- Stéphane Schadeck stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 146,841 (▲ 57% vs 2024). Source: NBB ↗
- Vincent Vanderheyden became a director. NBB
- David Couvreur became a director. NBB
- Stéphane Schadeck became a director. NBB
- New establishment in Ottignies-Louvain-la-Neuve. KBO
In short
From € 37,427 profit in 2022 to € 146,841 profit in 2025.
Paid € 262,744 in corporate taxes since 2022.
Best year ever: 2025, with € 146,841 profit.
On average € 96,900 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
since 2022 · until 2028
since 2022 · until 2028
Stéphane Schadeck
Director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Cour de la Taillette 4
1348 Ottignies-Louvain-la-Neuve
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
Website info
Features
Security
Details
- Company number
- 0450.878.764
- VAT number
- BE 0450.878.764
- Registered office
- Cour de la Taillette 4, 1348 Ottignies-Louvain-la-Neuve
- Names & denominations
- SITEREM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 September 1993
- Peppol
- Active · Active since 5 Feb 2026
- Contact
- siterem.be
- Activities · NACE
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