Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
SOCIETE ANONYME BELGE DE RECHERCHE ET DE COMMERCIALISATION from Jemeppe-sur-Sambre, company number BE0464206366, closed financial year 2025 with a result of € -4,092 after tax. For that financial year SOCIETE ANONYME BELGE DE RECHERCHE ET DE COMMERCIALISATION recorded a gross margin of € 384,372 and equity of € 213,723. Compared with financial year 2024, the result moved from € -1,645 to € -4,092. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ 213,723
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,092
▼ 149 % more loss than in 2024
Profit after tax over the fiscal year.
€ 14,457
▼ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 38,723.
People and assets in 2025
7.8
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 317,678
▲ 14% vs 2024
€ 40,700 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.
€ 9,455
▼ 60% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 567,256
▲ 44% vs 2024
Loans from banks and other lenders, long and short.
€ 269,948
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 51,108
▲ 101% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 321,035 | € 360,441 | € 345,776 | € 384,372 | ▲ 11% |
| Profit after taxes | € -20,022 | € 4,969 | € -1,645 | € -4,092 | ▼ € 2,447 |
| Equity | € 214,490 | € 219,459 | € 217,814 | € 213,723 | ▼ 2% |
| Total debts | € 861,084 | € 822,271 | € 869,324 | € 891,144 | ▲ 3% |
| Cash | € 40,411 | € 30,172 | € 15,518 | € 14,457 | ▼ 7% |
| Retained profit | € 39,490 | € 44,459 | € 42,814 | € 38,723 | ▼ 10% |
| Bank debt | € 305,844 | € 390,103 | € 394,127 | € 567,256 | ▲ 44% |
| Balance sheet total | € 1,075,574 | € 1,041,730 | € 1,087,138 | € 1,104,866 | ▲ 2% |
| Employees (FTE) | 7 | 6.9 | 7.3 | 7.8 | ▲ 0.5 |
Key figures of SOCIETE ANONYME BELGE DE RECHERCHE ET DE COMMERCIALISATION, 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 SOCIETE ANONYME BELGE DE RECHERCHE ET DE COMMERCIALISATION?
What happened at SOCIETE ANONYME BELGE DE RECHERCHE ET DE COMMERCIALISATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ludovic Lemmens stepped down as director. NBB
- Benjamin Lemmens stepped down as director. NBB
- André Lemmens stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 4,092. Source: NBB ↗
- Ludovic Lemmens became a director. NBB
- Benjamin Lemmens became a director. NBB
- André Lemmens became a director. NBB
- New establishment in Jemeppe-sur-Sambre. KBO
In short
From € 20,022 loss in 2022 to € 4,092 loss in 2025.
Paid € 11,025 in corporate taxes since 2022.
Best year ever: 2023, with € 4,969 profit.
On average € 49,300 of value added per employee in 2025.
A new publication or filing at SOCIETE ANONYME BELGE DE RECHERCHE ET DE COMMERCIALISATION? We notify you, reason included.
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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 stake of ANDRE LEMMENS MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SOCIETE ANONYME BELGE DE RECHERCHE ET DE COMMERCIALISATIONThe shares are held by ANDRE LEMMENS MANAGEMENT (99%).
Directors
According to the 2025 annual accounts
Ludovic Lemmens
Managing director
since 2021 · until 2027
Benjamin Lemmens
Director
since 2021 · until 2027
André Lemmens
Managing director
Also active at: ABLem Invest, ANDRE LEMMENS MANAGEMENT, N.A. MANAGEMENT, LUDOVIC LEMMENS MANAGEMENT
since 2021 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Baty-des-Puissances 1
5190 Jemeppe-sur-Sambre
Rue Baty-des-Puissances sn
5190 Jemeppe-sur-Sambre
Active since 14 January 1999
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0464.206.366
- VAT number
- BE 0464.206.366
- Registered office
- Rue Baty-des-Puissances 1, 5190 Jemeppe-sur-Sambre
- Names & denominations
- SOCIETE ANONYME BELGE DE RECHERCHE ET DE COMMERCIALISATION · SABRECO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 September 1998
- Peppol
- Active · Active since 5 Jul 2025
- Activities · NACE
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