Financials
Financial year 2025
SIAS from Aalst, company number BE0824720526, closed financial year 2025 with a result of € 55,834 after tax. For that financial year SIAS recorded a gross margin of € 99,756 and equity of € 433,280. Compared with financial year 2024, the result moved from € 45,507 to € 55,834. 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 December 2, 2025.
€ 433,280
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 55,834
▲ 23% vs 2024
Profit after tax over the fiscal year.
€ 90,561
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 37,910 paid out
68 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 43,669
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 48,453
▼ 22% vs 2024
€ 16,859 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 7,913
▲ € 6,356 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,830
▼ 80% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 78,677 | € 77,345 | € 91,181 | € 99,756 | ▲ 9% |
| Profit after taxes | € 49,350 | € 68,724 | € 45,507 | € 55,834 | ▲ 23% |
| Equity | € 301,126 | € 369,849 | € 415,357 | € 433,280 | ▲ 4% |
| Total debts | € 61,661 | € 129,552 | € 126,730 | € 65,350 | ▼ 48% |
| Cash | € 185,709 | € 228,315 | € 118,931 | € 90,561 | ▼ 24% |
| Retained profit | € 288,726 | € 357,449 | € 402,957 | € 420,880 | ▲ 4% |
| Dividend | € 0 | € 0 | € 0 | € 37,910 | |
| Bank debt | € 14,327 | € 76,621 | € 62,182 | € 48,453 | ▼ 22% |
| Balance sheet total | € 362,786 | € 499,402 | € 542,086 | € 498,630 | ▼ 8% |
Key figures of SIAS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to SIAS?
What happened at SIAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 55,834 (▲ 23% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Lede. KBO
- Pieter De Mil became a director. NBB
In short
From € 49,350 profit in 2022 to € 55,834 profit in 2025.
Paid € 97,022 in corporate taxes since 2022.
Best year ever: 2023, with € 68,724 profit.
Paid out € 37,910 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
Behind SIAS is Pieter De Mil. It owns 10.3% of The Safety Culture Company itself.
Directors
According to the 2025 annual accounts
Pieter De Mil
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Bieststraat 17
9308 Aalst
Katstraat 4 box 11
9340 Lede
Active since 1 April 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0824.720.526
- VAT number
- BE 0824.720.526
- Registered office
- Bieststraat 17, 9308 Aalst
- Names & denominations
- SIAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 2010
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
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