What does "SEPARATION" AG do?

"SEPARATION" AG is registered with the CBE as active in: Activiteiten van verpakkingsbedrijven. Public Limited, started on 25 June 2018, 1 establishment.

What is the address of "SEPARATION" AG?

The registered office of "SEPARATION" AG is located at Gewerbestrasse 16, 4731 Raeren.

Is "SEPARATION" AG still active?

Yes. According to the CBE (31 October 2026) "SEPARATION" AG is active, legal situation “Normale toestand”, started on 25 June 2018.

Is "SEPARATION" AG registered on Peppol?

Yes, "SEPARATION" AG is registered on the Peppol network with ID 0208:0699788385.

What is the enterprise number of "SEPARATION" AG?

The enterprise number of "SEPARATION" AG is BE0699788385.

When was "SEPARATION" AG founded?

"SEPARATION" AG was founded on 25 June 2018.

Who are the directors of "SEPARATION" AG?

According to the 2025 annual accounts, the directors of "SEPARATION" AG are: Matthias GEHRIGK, Jürgen GREIWING, Matthias Wolfgang GEISS.

Is "SEPARATION" AG a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 June 2018; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did "SEPARATION" AG make in 2025?

"SEPARATION" AG recorded a loss after taxes of € 40,153 in financial year 2025.

What is the revenue of "SEPARATION" AG?

As a small company, "SEPARATION" AG is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 445,262.

How much does an employee at "SEPARATION" AG earn?

The average wage cost per full-time employee at "SEPARATION" AG was € 56,800 in 2025: staff costs of € 425,724 for 7.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does "SEPARATION" AG have?

According to the 2025 annual accounts, "SEPARATION" AG has 7.5 full-time equivalents (FTE).

"SEPARATION" AG (Public Limited) - Raeren - BE0699788385

Dossier "SEPARATION" AG, printed on 1 November 2026 from databakkes.be/en/0699788385/separation-ag. 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.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

"SEPARATION" AG from Raeren, company number BE0699788385, closed financial year 2025 with a result of € -40,153 after tax. For that financial year "SEPARATION" AG recorded a gross margin of € 445,262 and equity of € 741,478. Compared with financial year 2024, the result moved from € -5,886 to € -40,153. The company made a loss. 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 2, 2026.

What it is worth Healthy

€ 741,478

▼ 44% vs 2024

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

Loss Caution

€ -40,153

▼ 582 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 197,503

▲ 32% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 638,443.

People and assets in 2025

Full-time equivalents

7.5

▼ 0.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 425,724

▼ 5% vs 2024

€ 56,800 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

€ 9,196

▼ 44% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 15,037

▼ 46% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 39,111

▼ 12% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 388,111 Gross margin 2022: € 388,111 First fiscal year in the series	€ 753,274 Gross margin 2023: € 753,274 ▲ 94% vs 2022 (€ 388,111) Favourable step	€ 500,795 Gross margin 2024: € 500,795 ▼ 34% vs 2023 (€ 753,274) Unfavourable step	€ 445,262 Gross margin 2025: € 445,262 ▼ 11% vs 2024 (€ 500,795) Unfavourable step	▼ 11%
Profit after taxes	€ -269,962 Profit after taxes 2022: € -269,962 First fiscal year in the series	€ 236,640 Profit after taxes 2023: € 236,640 ▲ € 506,601 vs 2022 (€ -269,962) Favourable step	€ -5,886 Profit after taxes 2024: € -5,886 ▼ € 242,526 vs 2023 (€ 236,640) Unfavourable step	€ -40,153 Profit after taxes 2025: € -40,153 ▼ € 34,267 vs 2024 (€ -5,886) Unfavourable step	▼ € 34,267
Equity	€ 1,112,100 Equity 2022: € 1,112,100 First fiscal year in the series	€ 1,344,999 Equity 2023: € 1,344,999 ▲ 21% vs 2022 (€ 1,112,100) Favourable step	€ 1,335,372 Equity 2024: € 1,335,372 ▼ 1% vs 2023 (€ 1,344,999) Unfavourable step	€ 741,478 Equity 2025: € 741,478 ▼ 44% vs 2024 (€ 1,335,372) Unfavourable step	▼ 44%
Total debts	€ 115,212 Total debts 2022: € 115,212 First fiscal year in the series	€ 83,525 Total debts 2023: € 83,525 ▼ 28% vs 2022 (€ 115,212) Favourable step	€ 72,436 Total debts 2024: € 72,436 ▼ 13% vs 2023 (€ 83,525) Favourable step	€ 54,148 Total debts 2025: € 54,148 ▼ 25% vs 2024 (€ 72,436) Favourable step	▼ 25%
Cash	€ 111,678 Cash 2022: € 111,678 First fiscal year in the series	€ 183,517 Cash 2023: € 183,517 ▲ 64% vs 2022 (€ 111,678) Favourable step	€ 149,484 Cash 2024: € 149,484 ▼ 19% vs 2023 (€ 183,517) Unfavourable step	€ 197,503 Cash 2025: € 197,503 ▲ 32% vs 2024 (€ 149,484) Favourable step	▲ 32%
Land & buildings	€ 439,653 Land & buildings 2022: € 439,653 First fiscal year in the series	€ 401,865 Land & buildings 2023: € 401,865 ▼ 9% vs 2022 (€ 439,653) Unchanged	€ 364,076 Land & buildings 2024: € 364,076 ▼ 9% vs 2023 (€ 401,865) Unchanged	€ 326,565 Land & buildings 2025: € 326,565 ▼ 10% vs 2024 (€ 364,076) Unchanged	▼ 10%
Retained profit	€ 997,843 Retained profit 2022: € 997,843 First fiscal year in the series	€ 1,234,482 Retained profit 2023: € 1,234,482 ▲ 24% vs 2022 (€ 997,843) Favourable step	€ 1,228,596 Retained profit 2024: € 1,228,596 Unchanged (€ 1,234,482) Unfavourable step	€ 638,443 Retained profit 2025: € 638,443 ▼ 48% vs 2024 (€ 1,228,596) Unfavourable step	▼ 48%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 550,000 Dividend 2025: € 550,000 Unchanged (€ 0) Unchanged
Balance sheet total	€ 1,227,312 Balance sheet total 2022: € 1,227,312 First fiscal year in the series	€ 1,428,524 Balance sheet total 2023: € 1,428,524 ▲ 16% vs 2022 (€ 1,227,312) Unchanged	€ 1,407,807 Balance sheet total 2024: € 1,407,807 ▼ 1% vs 2023 (€ 1,428,524) Unchanged	€ 795,626 Balance sheet total 2025: € 795,626 ▼ 43% vs 2024 (€ 1,407,807) Unchanged	▼ 43%
Employees (FTE)	10.7 Employees (FTE) 2022: 10.7 First fiscal year in the series	7.9 Employees (FTE) 2023: 7.9 ▼ 2.8 vs 2022 (10.7) Unchanged	8.3 Employees (FTE) 2024: 8.3 ▲ 0.4 vs 2023 (7.9) Unchanged	7.5 Employees (FTE) 2025: 7.5 ▼ 0.8 vs 2024 (8.3) Unchanged	▼ 0.8

Key figures of "SEPARATION" AG, 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 "SEPARATION" AG?

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

2031 Jürgen GREIWING stepped down as director. NBB
2031 Matthias Wolfgang GEISS stepped down as director. NBB
Jun 2, 2026 New annual accounts for financial year 2025: loss of € 40,153. Source: NBB ↗
2020 Matthias GEHRIGK became a director. NBB
2020 Jürgen GREIWING became a director. NBB
2020 Matthias Wolfgang GEISS became a director. NBB
Aug 29, 2018 New establishment in Raeren. KBO
Jun 25, 2018 Start of the company according to the CBE. KBO

In short

From € 269,962 loss in 2022 to € 40,153 loss in 2025.

Best year ever: 2023, with € 236,640 profit.

On average € 59,400 of value added per employee in 2025.

Paid out € 550,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Matthias GEHRIGK

"SEPARATION" AG

Behind "SEPARATION" AG is Matthias GEHRIGK.

Directors

According to the 2025 annual accounts

Matthias GEHRIGK

Andere functie

since 2020

Jürgen GREIWING

Director

since 2020 · until 2031

Matthias Wolfgang GEISS

Director

since 2020 · until 2031

Establishments

Establishment units

Physical locations of this company

Registered office

Gewerbestrasse 16

4731 Raeren

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

Details

Company number

0699.788.385

VAT number

BE 0699.788.385

Registered office

Gewerbestrasse 16, 4731 Raeren

Names & denominations

"SEPARATION" AG

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

25 June 2018

Peppol

Active · Active since 6 Nov 2025

Activities · NACE

Activiteiten van verpakkingsbedrijven

Overige vrachtbehandeling, exclusief in zeehavens

Vervaardiging van meet-, controle- en navigatie-instrumenten en -apparatuur

Overige technische testen en toetsen

Opslag

Overige zakelijke dienstverlening, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

"SEPARATION" AG

Warning lights

Financials

What happened to "SEPARATION" AG?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions