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SAPEC

Active
Public limited companyfounded 1968active for 58 yearsLouizalaan 240, 1050 Brussel, Belgium125 active companies are registered at this addressKBO/BCE: BE 0403.085.280
Summary

SAPEC has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65.4m and a net result of €1.7m. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 95% of 6,141 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

History

On 1 January 1968, SAPEC was incorporated.1 A capital increase in 2024 brought the capital to €36.6m.2 Total assets went from €68.5m in 2018 to €66.4m in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 16-12-2024
  3. 3National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
09-07
NBB filing Annual accounts filed
financial year 2025 · full format
2025
18-08
Gazette deed Reappointments: Antoine VELGE, Antonio RODRIGUES MARQUES and FORVIS MAZARS REVISEURS D'ENTREPRISES
4 facts ▸
  • General meeting, 25-06-2025
  • Director reappointment, Antoine VELGE (director)
  • Director reappointment, Antonio RODRIGUES MARQUES (director)
  • Auditor reappointment, FORVIS MAZARS REVISEURS D'ENTREPRISES (statutory auditor)
02-07
NBB filing Annual accounts filed
financial year 2024 · full format
2024
16-12
Gazette deed Amendment of the articles
Capital · Founding capital · Share issue23 facts ▸
  • General meeting, 11-12-2024
  • Amendment of the articles (2 times)
  • Capital, €36,600,000
  • Founding capital
  • Share issue, “actions privilégiées”, 125000 (deed in French)
  • Other provision, 11395
  • Share issue, 25-07-1928
  • Capital decrease, “BEF 4.792.350” (deed in French)
  • Other provision, 12-03-1980
  • Capital increase, “BEF 37.625.000” (deed in French)
  • Capital increase, “BEF 404.417.500” (deed in French)
  • Capital increase, “BEF 76.095.256” (deed in French)
  • +11 further facts in this act
02-07
NBB filing Annual accounts filed
financial year 2023 · full format
2023
31-12
Financial Liquidity doublescurrent ratio 23.03
Current ratio from 11.31 to 23.03; short-term debt falls from €1.1m to €507,986.
13-07
NBB filing Annual accounts filed
financial year 2022 · full format
2022
31-12
Financial Back to profitnet €2.1m
Net result €2.1m after 2 loss-making years.
31-12
Financial Liquidity more than doubledcurrent ratio 11.31
Current ratio from 4.10 to 11.31; short-term debt falls from €2.8m to €1.1m.
05-07
NBB filing Annual accounts filed
financial year 2021 · full format
2021
31-12
Financial Weakest financial yearnet -€450,867
Net result drops to -€450,867, the lowest in the series; recovery starts the following year.
29-06
NBB filing Annual accounts filed
financial year 2020 · full format
Show earlier events
2020
01-07
NBB filing Annual accounts filed
financial year 2019 · full format
2019
31-12
Financial Back to profitnet €114,211
Net result €114,211 after one loss-making year.
11-07
NBB filing Annual accounts filed
financial year 2018 · full format
2018
10-07
NBB filing Annual accounts filed
financial year 2018 · consolidated
09-07
NBB filing Annual accounts filed
financial year 2018 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 67 annual accounts filed, the latest 10 are here; all 67 are under Financials.
2 of 28 deeds read
About the unread acts

Of the 28 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 26 have not been read yet: what they contain is neither established nor disproved here.

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