SIEPAS
ActiveSummary
SIEPAS has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89,686 and a net result of €34,484. Equity has been shrinking by about 25% per year since 2018. Its solvency ranks better than 37% of 4,798 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Official details
Source: KBO- Status
- Active since 14-04-1983 Normal situation
- Activity
- Event catering NACE 56210and 3 others
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2024
- Establishment unit
- 2.022.216.606 9620 Zottegem, since 16-04-1983
- Financial year end
- 31 December
- Peppol
- Reachable since 01-09-2026
Board and ownership
- Wim RasschaertDirector · since 10-05-2021
- Raspat Holding100%· score 5430-09-2024 annual accounts of Raspat Holding
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Gross margin
- €121,819
- ▼ 30.2%
- Turnover
- ≈ €390,000
- estimated
- Profit
- €34,484
- ▲ 104%
- Equity
- €89,686
- ▲ 62.5%
- Total assets
- €520,165
- ▼ 2.1%
- Employees on 31-12-2025
- 1
- =
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)1 of the last 3 accounts lateEquity €89,686 (17.2% of total assets)lowers riskFounded in 1983Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 39% of them on solvency, 25% on liquidity, 61% on profitability and 84% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 17 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: 2nd oldest company in Zottegem, Accommodation and food service sectorin the Checked rankings No. 2 View
Recent changes
- · Gazette deed Change of role: RASSCHAERT Wim, from manager to director
Comparable companies
These companies have the same main activity as SIEPAS: event catering (NACE 56210). They are comparable in size and age: total assets between €231,000 and €746,000, founded between 1985 and 2000.
| Company | Total assets | Gross margin |
|---|---|---|
| SIEPAS Zottegem | €520,165 | €121,819 |
| Deniz Invest Beringen | €601,990 | €85,589 |
| DEN DRAAIBOOM Zandhoven | €746,312 | €87,629 |
| SOCREAL Braine-l'Alleud | €337,332 | €103,704 |
| ALL EVENTZ Schoten | €602,148 | €151,882 |
| W.H.H. Hasselt | €669,666 | €104,863 |
| DE KOKSMUTS Evergem | €231,144 | €73,782 |
Key facts about SIEPAS
- What is the company number of SIEPAS?
- The company number of SIEPAS is 0423.875.944. The VAT number is the same number with BE in front: BE 0423.875.944.
- Where is SIEPAS based?
- The registered office is at Gentse Steenweg 323, 9620 Zottegem.Company details
- What does SIEPAS do?
- According to the KBO register, the main activity is event catering (NACE 56210).
- What is the legal form of SIEPAS?
- The legal form of SIEPAS is Private limited company (BV).
- When was SIEPAS founded?
- SIEPAS was founded on 14-04-1983.
- Is SIEPAS still active?
- Yes, SIEPAS is an active enterprise in the KBO register.
- How many employees does SIEPAS have?
- SIEPAS had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does SIEPAS fall under?
- In its 2024 annual accounts, SIEPAS states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of SIEPAS?
- The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €121,819 and 66 comparable companies (NACE 56). It probably lies between €310,000 and €510,000.
- Is SIEPAS profitable?
- In financial year 2025, SIEPAS made a profit of €34,484.
- Where can I find the annual accounts of SIEPAS?
- SIEPAS filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SIEPAS due?
- SIEPAS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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