ACTIVE

SGS BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result18 M €+17,1 %over 1 year
Revenue243,6 M €+7,8 %over 1 year
Equity41,2 M €+0,0 %over 1 year
Workforce1 394,7 ETP-0,1 %over 1 year

Identity

Source · BCE/KBO

SGS BELGIUM is a Public limited company incorporated in 1958. Its registered office is in Antwerpen. It employs on average 1 394,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0404.882.750
Incorporation
27/01/1958
Legal form
Public limited company
Registered office
Noorderlaan 87
2030 Antwerpen · FlandreSee on map
Contributed capital
35 995 380,00 €
Latest accounts
31/12/2025
Average workforce
1 394,7 ETP
Joint committees (8)
  • 100
  • 111
  • 121
  • 124
  • 200
  • 207
  • 218
  • 226
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 42 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue243,6 M €226 M €223,1 M €208,1 M €187,6 M €
EBITDA24,2 M €22,4 M €21,1 M €19,9 M €17,5 M €
Operating result20,6 M €19,3 M €17,7 M €16 M €13,8 M €
Net result18 M €15,4 M €18,6 M €18,6 M €13 M €
Balance sheet
Equity41,2 M €41,2 M €41,2 M €60,2 M €91,1 M €
Total assets159 M €156,5 M €162,5 M €160 M €189,4 M €
Cash591,8 k €1,9 M €2,2 M €2,4 M €2,6 M €
Debts69,3 M €64,2 M €70,4 M €48,9 M €50,9 M €
Other
Workforce1 394,7 ETP1 396,1 ETP1 403,7 ETP1 396,3 ETP1 356,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 36 ended

Active mandates

Johan Pype

Managing director · since 26 juin 2026 · until 29 juin 2029

Active
Malcolm Reid

Director · since 26 juin 2026 · until 29 juin 2029

Active
Malcolm Reid

Director · since 28 juin 2024 · until 26 juin 2026

Active
Johan Pype

Managing director · since 30 juin 2023 · until 26 juin 2026

Active
Richard Oostrom

Director · since 30 juin 2023 · until 26 juin 2026

Active

Ended mandates

Malcolm Reid

Chairman of the board of directors · since 28 juin 2024 · until 26 juin 2026

Ended
Wim van Loon

Chairman of the board of directors · since 30 juin 2023 · until 01 mars 2024

Ended
Richard Oostrom

Director · since 17 novembre 2020 · until 30 juin 2023

Ended
Wim van Loon

Chairman of the board of directors · since 01 octobre 2020 · until 30 juin 2023

Ended

Other companies at this address

Noorderlaan 87 2030 Antwerpen
CompanyCBE no.
GRONDWIJZER● Active
0864.015.820
SGS MACO CUSTOMS SERVICE BELGIUM● Active
0830.672.861

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/09/202608/07/202508/07/202427/07/202320/10/202208/07/2021
General meeting26/06/202627/06/202528/06/202430/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 42 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full modelCorrection31/12/202526/06/202604/09/2026DutchPDF
Full model31/12/202526/06/202627/07/2026DutchPDF
Full model31/12/202427/06/202508/07/2025DutchPDF
Consolidated accounts31/12/202427/06/202508/07/2025DutchPDF
Full model31/12/202328/06/202408/07/2024DutchPDF
Consolidated accounts31/12/202328/06/202408/07/2024DutchPDF
Full model31/12/202230/06/202327/07/2023DutchPDF
Consolidated accounts31/12/202230/06/202327/07/2023DutchPDF
Full modelCorrection31/12/202124/06/202220/10/2022DutchPDF
Full model31/12/202124/06/202218/07/2022DutchPDF
Consolidated accounts31/12/202124/06/202218/07/2022DutchPDF
Full model31/12/202025/06/202108/07/2021DutchPDF
Consolidated accounts31/12/202025/06/202108/07/2021DutchPDF
Full model31/12/201926/06/202010/07/2020DutchPDF
Consolidated accounts31/12/201926/06/202010/07/2020DutchPDF
Full model31/12/201828/06/201910/07/2019DutchPDF
Consolidated accounts31/12/201828/05/201910/07/2019DutchPDF
Full model31/12/201729/06/201830/07/2018DutchPDF
Consolidated accounts31/12/201729/06/201830/07/2018DutchPDF
Full model31/12/201630/06/201717/07/2017DutchPDF
Consolidated accounts31/12/201626/06/201717/07/2017DutchPDF
Full model31/12/201524/06/201614/07/2016DutchPDF
Consolidated accounts31/12/201527/06/201614/07/2016DutchPDF
Full model31/12/201426/06/201515/07/2015DutchPDF

View all 42 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 36 ended

Active mandates

Johan Pype

Managing director · since 26 juin 2026 · until 29 juin 2029

Active
Malcolm Reid

Director · since 26 juin 2026 · until 29 juin 2029

Active
Malcolm Reid

Director · since 28 juin 2024 · until 26 juin 2026

Active
Johan Pype

Managing director · since 30 juin 2023 · until 26 juin 2026

Active
Richard Oostrom

Director · since 30 juin 2023 · until 26 juin 2026

Active

Ended mandates

Malcolm Reid

Chairman of the board of directors · since 28 juin 2024 · until 26 juin 2026

Ended
Wim van Loon

Chairman of the board of directors · since 30 juin 2023 · until 01 mars 2024

Ended
Richard Oostrom

Director · since 17 novembre 2020 · until 30 juin 2023

Ended
Wim van Loon

Chairman of the board of directors · since 01 octobre 2020 · until 30 juin 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates31/08/2026
    Statutaire benoeming: herbenoeming van bestuurders - Delegatie van
    PDF
  • Mandates24/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other23/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates04/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202518 M €↑
  2. 01/07/2025
    nominationAnke Verrijssen — commissaris
  3. 2024
    Annual accounts 202415,4 M €↓
  4. 28/06/2024
    nominationMalcolm Reid — bestuurder
  5. 28/06/2024
    reconductionPricewaterhouseCoopers Réviseurs d'Entreprises/PricewaterhouseCoopers Bedrijfsrevisoren — commissaris
  6. 28/06/2024
    nominationMalcolm Reid — Voorzitter
  7. 2023
    Annual accounts 202318,6 M €↑
  8. 30/06/2023
    reconductionWim van Loon — bestuurder
  9. 30/06/2023
    reconductionJohan Pype — bestuurder
  10. 30/06/2023
    reconductionRichard Oostrom — bestuurder
  11. 30/06/2023
    nominationWim van Loon — Voorzitter
  12. 30/06/2023
    nominationJohan Pype — Gedelegeerd bestuurder
  13. 2022
    Annual accounts 202218,6 M €↑
  14. 01/08/2022
    apportSGS Belgium
  15. 2021
    Annual accounts 202113 M €↓
  16. 2020
    Annual accounts 202037,8 M €↑
  17. 2019
    Annual accounts 201910,5 M €↓
  18. 2018
    Annual accounts 201831,1 M €↑
  19. 2017
    Annual accounts 20174 M €↑
  20. 2016
    Annual accounts 2016519,6 k €↓
  21. 2015
    Annual accounts 20155,5 M €↑
  22. 2014
    Annual accounts 20143,1 M €↓
  23. 2013
    Annual accounts 20136 M €↓
  24. 2012
    Annual accounts 201211,3 M €↑
  25. 2011
    Annual accounts 20119,8 M €↓
  26. 2010
    Annual accounts 201012,5 M €↑
  27. 2009
    Annual accounts 200911,6 M €↑
  28. 2008
    Annual accounts 200811,6 M €↓
  29. 2007
    Annual accounts 200712 M €
  30. 27/01/1958
    IncorporationPublic limited company