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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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SLA Belgium No.1 from Brussel, company number BE0638954836, closed financial year 2025 with a result of € 120,693 after tax. For that financial year SLA Belgium No.1 recorded a gross margin of € 487,421 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 88,353 to € 120,693. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.
€ 1.8 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 120,693
▲ 37% vs 2024
Profit after tax over the fiscal year.
€ 509,912
▲ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 101,885.
Debts at end 2025
€ 6.9 million
Loans from banks and other lenders, long and short.
€ 15,867
▲ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,277
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 424,636 | € 428,038 | € 470,713 | € 487,421 | ▲ 4% |
| Profit after taxes | € -100,134 | € -7,027 | € 88,353 | € 120,693 | ▲ 37% |
| Equity | € 1,641,890 | € 1,634,863 | € 1,723,216 | € 1,843,909 | ▲ 7% |
| Total debts | € 12,557,282 | € 7,549,372 | € 7,080,219 | € 7,060,850 | |
| Cash | € 976,298 | € 592,022 | € 346,436 | € 509,912 | ▲ 47% |
| Land & buildings | € 8,342,026 | € 8,293,294 | € 8,244,562 | € 8,209,292 | |
| Retained profit | € -100,134 | € -107,161 | € -18,808 | € 101,885 | ▲ € 120,693 |
| Bank debt | € 10,517,000 | € 7,440,000 | € 6,929,859 | € 6,929,859 | |
| Balance sheet total | € 14,199,172 | € 9,184,235 | € 8,803,435 | € 8,904,759 | ▲ 1% |
Key figures of SLA Belgium No.1, 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 SLA Belgium No.1?
What happened at SLA Belgium No.1 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gérard Philippson stepped down as director. NBB
- Serge Declecrk stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 120,693 (▲ 37% vs 2024). Source: NBB ↗
- Gérard Philippson became a director. NBB
- Serge Declecrk became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 100,134 loss in 2022 to € 120,693 profit in 2025.
Best year ever: 2025, with € 120,693 profit.
A new publication or filing at SLA Belgium No.1? 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 shares are held by Standard Life Assurance (HWPF) Luxembourg S.à.r.l. (99.8%) and SLA Germany No.1 S.à.r.l (0.2%).
Directors
According to the 2025 annual accounts
Gérard Philippson
Director
Also active at: INNOVATIE CONSTRUCTION COMPANY, CROWN BUILDING, JAMESINVEST, LIVINGSTONE II, Oeverloos, INDUSTRIAL DEVELOPMENT COMPANY, BRUSSELS SOUTH LOGISTICS, APER TB BRUGES +2 more
since 2021 · until 2027
Serge Declecrk
Director
since 2021 · until 2027
Shareholders
Standard Life Assurance (HWPF) Luxembourg S.à.r.l.
99.8%
SLA Germany No.1 S.à.r.l
0.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
de Meeûssquare 35
1000 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0638.954.836
- VAT number
- BE 0638.954.836
- Registered office
- de Meeûssquare 35, 1000 Brussel
- Names & denominations
- SLA Belgium No.1
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 2015
- Peppol
- Not registered
- Activities · NACE
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