Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SETIPSY from Herbeumont, company number BE0897946024, closed financial year 2025 with a result of € 79,483 after tax. For that financial year SETIPSY recorded a gross margin of € 103,800 and equity of € 84,471. Compared with financial year 2024, the result moved from € 92,505 to € 79,483. The company is profitable. 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 September 30, 2026.
€ 84,471
▼ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 79,483
▼ 14% vs 2024
Profit after tax over the fiscal year.
€ 64,287
▲ 129% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 459
▼ 79% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12,099
▼ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 4,691
▲ 287% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,600
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 147,754 | € 115,886 | € 120,971 | € 103,800 | ▼ 14% |
| Profit after taxes | € 111,263 | € 88,475 | € 92,505 | € 79,483 | ▼ 14% |
| Equity | € 116,008 | € 104,484 | € 104,989 | € 84,471 | ▼ 20% |
| Total debts | € 137,429 | € 113,138 | € 105,383 | € 144,391 | ▲ 37% |
| Cash | € 54,064 | € 64,271 | € 28,127 | € 64,287 | ▲ 129% |
| Retained profit | € 102,653 | € 91,128 | € 91,633 | € 71,116 | ▼ 22% |
| Dividend | € 120,000 | € 100,000 | € 92,000 | € 100,000 | ▲ 9% |
| Bank debt | € 11,929 | € 12,154 | € 12,172 | € 12,099 | ▼ 1% |
| Balance sheet total | € 253,437 | € 217,622 | € 210,372 | € 228,862 | ▲ 9% |
Key figures of SETIPSY, 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 SETIPSY?
What happened at SETIPSY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 79,483 (▼ 14% vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 111,263 profit in 2022 to € 79,483 profit in 2025.
Paid € 100,520 in corporate taxes since 2022.
Best year ever: 2022, with € 111,263 profit.
Paid out € 412,000 in dividends to the owners in total.
Management
Behind SETIPSY is Michel Lambert.
Directors
According to the 2025 annual accounts
Michel Lambert
Director
Establishments
Establishment units
Physical locations of this company
Cité des Chasseurs Ardennais 4
6887 Herbeumont
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0897.946.024
- VAT number
- BE 0897.946.024
- Registered office
- Cité des Chasseurs Ardennais 4, 6887 Herbeumont
- Names & denominations
- SETIPSY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 May 2008
- Peppol
- Not registered