Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
SARPI Remediation from Grimbergen, company number BE0457113389, closed financial year 2023 with a result of € 850,575 after tax. For that financial year SARPI Remediation recorded revenue of € 45.9 million and equity of € 12.1 million. Compared with financial year 2022, the result moved from € -544,673 to € 850,575. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2024.
€ 12.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 850,575
▲ still € 544,673 loss in 2022
Profit after tax over the fiscal year.
€ 11.8 million
▲ 63% vs 2022
Cash and bank balances on the last day of the fiscal year.
€ 850,000 paid out
100 % of the profit went to the shareholders, mostly to SARPI Hazardous Waste Services Holding SAS (100 % of the shares). That is where the money ends up.
People and assets in 2023
91.3
▲ 3 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 8.5 million
▲ 13% vs 2022
€ 93,100 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.
€ 1 million
▲ 41% vs 2022
Of which on lease € 982,057.
Debts at end 2023
€ 982,057
▲ 43% vs 2022
€ 381,952 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 15.6 million
▲ 29% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 145 days on average.
€ 2.6 million
▲ 43% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 37,814,045 | € 30,159,337 | € 45,905,381 | ▲ 52% |
| Profit after taxes | € 521,793 | € -544,673 | € 850,575 | ▲ € 1.4 million |
| Equity | € 12,634,814 | € 12,080,207 | € 12,070,849 | |
| Total debts | € 18,490,213 | € 20,657,378 | € 33,069,811 | ▲ 60% |
| Cash | € 6,923,557 | € 7,207,299 | € 11,763,767 | ▲ 63% |
| Land & buildings | € 5,610,097 | € 4,976,421 | € 4,248,671 | ▼ 15% |
| Retained profit | € 8,874,441 | € 8,329,768 | € 8,330,343 | |
| Dividend | € 0 | € 0 | € 850,000 | |
| Bank debt | € 921,706 | € 688,761 | € 982,057 | ▲ 43% |
| Balance sheet total | € 31,929,342 | € 32,828,059 | € 45,231,134 | ▲ 38% |
| Employees (FTE) | 90.8 | 88.3 | 91.3 | ▲ 3 |
Key figures of SARPI Remediation, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to SARPI Remediation?
What happened at SARPI Remediation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Cedric L'Elchat stepped down as director. NBB
- Didier NAESSENS stepped down as director. NBB
- Olivier D'HAENE stepped down as director. NBB
- New annual accounts for financial year 2023: profit of € 850,575. filed late Source: NBB ↗
- Cedric L'Elchat became a director. NBB
- Thierry MECHIN stepped down as director. NBB
- Didier NAESSENS became a director. NBB
- Olivier D'HAENE became a director. NBB
In short
From € 521,793 profit in 2021 to € 850,575 profit in 2023.
Paid € 603,895 in corporate taxes since 2021.
Best year ever: 2023, with € 850,575 profit.
Paid out € 850,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by SARPI Hazardous Waste Services Holding SAS (100%) and Thiery Méchin (0%). It owns 100% of Brownfields and 50% of Top Liège itself.
Directors
According to the 2023 annual accounts
Cedric L'Elchat
Director
since 2024 · until 2029
since 2022 · until 2028
Thierry MECHIN
Chairman of the board
since 2018 · until 2024
since 2020 · until 2026
Shareholders
SARPI Hazardous Waste Services Holding SAS
100%
Thiery Méchin
0%
Participations
100%
50%
Establishments
Establishment units
Physical locations of this company
Westvaartdijk 83
1850 Grimbergen
Hulsdonk 1
9042 Gent
Active since 1 September 2005
Industrieweg 17
2030 Antwerpen
Active since 8 July 2005
Boulevard de l'Europe(AUV) 236
5060 Sambreville
Active since 8 July 2005
Chaussée d'Andenne 150
4500 Huy
Active since 1 March 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0457.113.389
- VAT number
- BE 0457.113.389
- Registered office
- Westvaartdijk 83, 1850 Grimbergen
- Names & denominations
- SARPI Remediation
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 1996
- Peppol
- Active · Active since 12 Mar 2025
- Activities · NACE
Sanering en ander afvalbeheer
Sanering en dergelijke activiteiten
Verzamelen, storten en verwerken van huisvuil, industrieel afval, landbouwafval en bouw- en sloopafval
Baggerwerken
Afvalwaterafvoer
Terugwinning van materialen uit afval
Andere afvalverwijdering
Storten of permanent opslaan
+3