SIDEC (0429.294.581): annual accounts, directors and company register

SIDEC

Balen ·KBO/BCE: BE 0429.294.581

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%

Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.5%
3	0.5%	0.6%
4	0.7%	0.8%
5	0.9%	0.9%
6	1.3%	1.5%
7	1.6%	1.8%
8	1.8%	1.8%
9	3.0%	3.1%
10	5.6%	6.2%

Company	Total assets	Gross margin	Solvency	Staff
SIDEC Balen	€8.0m	€3.6m	62.0%	30.1
Emergo Chemical Coating Antwerp	€4.7m	€2.5m	72.6%	17.6
BEVEPE Bruges	€6.2m	€2.2m	47.5%	19.1
DOTHEE Assesse	€6.4m	€3.0m	83.2%	20.8
VIBOL Wevelgem	€3.7m	€1.8m	64.6%	15.5
ANC.ETS.STOOPEN & MEEUS Antwerp	€2.7m	€1.2m	33.2%	15.5
H.S.H. AEROSPACE FINISHES Asse	€2.8m	€1.6m	54.5%	11.9

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	8.0m	8.2m	8.5m	7.7m	7.7m	8.2m	8.5m	7.6m	7.4m	6.1m	6.0m	4.4m	4.6m	4.8m	4.4m	4.5m	5.0m	4.4m	4.1m	2.3m
Formation expenses`20`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Fixed assets`21/28`	3.7m	3.3m	3.6m	3.7m	3.9m	4.6m	4.9m	4.6m	4.6m	3.6m	3.5m	2.2m	2.4m	2.5m	2.3m	2.4m	2.5m	2.3m	1.9m	654,584
Intangible fixed assets`21`	229,183	152,580	112,897	121,510	66,741	38,607	41,300	35,177	54,025	82,921	110,969	72,305	105,097	45,437	37,546	40,913	31,740	31,629	-	-
Tangible fixed assets`22/27`	3.4m	3.1m	3.5m	3.6m	3.9m	4.5m	4.8m	4.6m	4.5m	3.5m	3.3m	2.2m	2.3m	2.4m	2.3m	2.4m	2.5m	2.2m	1.9m	652,584
Land and buildings`22`	1.6m	1.5m	1.5m	1.4m	1.4m	1.5m	1.6m	1.7m	1.5m	1.6m	1.7m	1.7m	1.8m	1.9m	2.0m	2.1m	2.3m	1.9m	1.6m	381,866
Plant, machinery and equipment`23`	505,297	697,734	893,730	958,515	1.1m	1.5m	1.6m	1.2m	1.2m	1.4m	1.6m	386,414	399,711	465,659	217,669	213,002	196,788	238,750	222,405	176,896
Furniture and vehicles`24`	529,442	71,005	57,664	71,368	75,671	76,373	101,278	77,953	37,165	35,592	29,752	38,614	65,822	35,741	58,505	30,287	32,957	57,796	85,245	93,822
Leasing and similar rights`25`	763,666	891,985	1.0m	1.1m	1.3m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other tangible fixed assets`26`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Assets under construction and advance payments`27`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Financial fixed assets`28`	53	53	803	53	53	53	53	53	53	1,053	1,053	1,053	1,053	1,000	1,000	1,000	1,000	1,000	3,000	2,000
Other financial fixed assets`284/8`	-	-	803	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amounts receivable and cash guarantees`285/8`	-	-	803	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current assets`29/58`	4.4m	4.9m	4.9m	3.9m	3.7m	3.6m	3.6m	2.9m	2.8m	2.5m	2.6m	2.2m	2.2m	2.4m	2.1m	2.1m	2.5m	2.2m	2.2m	1.7m
Trade receivables`290`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Other amounts receivable`291`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Stocks and contracts in progress`3`	1.5m	1.5m	1.6m	2.5m	2.1m	1.8m	1.6m	1.4m	1.6m	1.4m	1.4m	1.2m	1.2m	1.1m	978,443	926,216	767,566	742,800	421,039	357,347
Stocks`30/36`	1.5m	1.5m	1.6m	2.5m	2.1m	1.8m	1.6m	1.4m	1.6m	1.4m	1.4m	1.2m	1.2m	1.1m	978,443	926,216	767,566	742,800	421,039	357,347
Raw materials and consumables`30/31`	-	-	989,220	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Work in progress`32`	-	-	140,387	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finished goods`33`	-	-	443,245	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goods purchased for resale`34`	-	-	68,475	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contracts in progress`37`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Amounts receivable within one year`40/41`	873,421	595,974	533,884	541,383	702,228	828,367	845,260	645,232	762,649	658,434	817,452	530,056	662,178	1.0m	798,341	919,249	1.1m	1.1m	1.0m	1.0m
Trade receivables`40`	805,558	524,400	445,551	466,509	553,706	709,610	714,796	542,607	640,101	511,249	462,631	465,968	642,455	983,940	790,564	866,599	1.0m	1.0m	987,639	1.0m
Other amounts receivable`41`	67,862	71,574	88,332	74,874	148,522	118,757	130,464	102,625	122,548	147,185	354,821	64,088	19,723	25,147	7,777	52,650	65,860	71,744	30,356	8,968
Current investments`50/53`	1.1m	2.2m	2.4m	0	60,000	60,000	60,000	60,000	60,000	60,000	88,800	88,800	28,800	163,375	90,087	79,992	3,858	40,139	494,349	10,138
Other investments`51/53`	-	-	2.4m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash at bank and in hand`54/58`	765,335	606,857	350,395	859,674	821,629	935,995	1.0m	778,907	398,397	383,746	283,128	386,824	354,752	94,865	222,554	163,833	619,082	305,217	242,528	265,014
Deferred charges and accrued income`490/1`	54,561	64,245	64,439	66,637	59,977	34,378	45,040	18,003	32,584	7,409	1,633	7,474	14,699	12,703	10,720	16,628	4,462	967	1,633	222
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	8.0m	8.2m	8.5m	7.7m	7.7m	8.2m	8.5m	7.6m	7.4m	6.1m	6.0m	4.4m	4.6m	4.8m	4.4m	4.5m	5.0m	4.4m	4.1m	2.3m
Equity`10/15`	5.0m	4.7m	4.3m	3.5m	3.6m	3.0m	2.9m	2.6m	2.4m	2.3m	2.0m	1.9m	1.5m	1.4m	1.3m	1.2m	1.1m	1.1m	1.1m	884,631
Contributions`10/11`	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000
Capital`10`	100,000	100,000	100,000	100,000	100,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000
Uncalled capital`101`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Contributions outside capital`11`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Share premium`1100/10`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Revaluation surpluses`12`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Reserves`13`	4.9m	4.6m	4.2m	3.4m	3.5m	1.2m	1.4m	1.4m	1.4m	1.3m	1.2m	1.2m	1.0m	941,250	941,250	941,250	866,250	866,250	866,250	666,250
Non-distributable reserves`130/1`	10,000	10,000	10,000	10,000	10,000	10,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000
Own shares acquired`1312`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Other`1319`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Tax-exempt reserves`132`	-	-	-	-	0	127,550	282,550	282,550	282,550	361,250	278,250	278,250	128,250	131,250	131,250	131,250	56,250	56,250	56,250	56,250
Distributable reserves`133`	4.9m	4.6m	4.2m	3.4m	3.5m	1.1m	1.1m	1.1m	1.1m	947,000	875,000	875,000	875,000	800,000	800,000	800,000	800,000	800,000	800,000	600,000
Profit (loss) carried forward`14`	0	0	-	0	0	1.7m	1.5m	1.2m	883,052	871,717	710,953	617,418	407,430	352,344	241,320	138,064	112,032	93,842	112,769	118,381
Investment grants`15`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Provisions and deferred taxes`16`	52,058	106,514	105,257	147,558	137,920	270,000	31,280	30,400	19,135	50,000	76,500	68,459	57,459	43,459	112,956	92,956	113,243	34,956	34,956	34,956
Provisions for liabilities and charges`160/5`	52,058	106,514	105,257	147,558	137,920	270,000	31,280	30,400	19,135	50,000	76,500	68,459	57,459	43,459	112,956	92,956	113,243	34,956	34,956	34,956
Pensions and similar obligations`160`	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-
Taxes`161`	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-
Major repairs and maintenance`162`	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-
Environmental obligations`163`	-	-	-	-	137,920	270,000	31,280	30,400	0	0	-	-	-	-	-	-	-	-	-	-
Other liabilities and charges`164/5`	52,058	106,514	105,257	147,558	-	-	-	-	19,135	50,000	-	-	-	-	-	-	-	-	-	-
Deferred taxes`168`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Amounts payable`17/49`	3.0m	3.4m	4.1m	4.0m	3.9m	4.9m	5.5m	4.9m	5.0m	3.7m	4.0m	2.5m	3.1m	3.4m	3.0m	3.3m	3.8m	3.3m	3.0m	1.4m
Amounts payable after more than one year`17`	1.3m	1.7m	2.5m	2.4m	2.6m	3.0m	3.2m	3.5m	3.4m	2.5m	2.5m	1.4m	1.7m	1.8m	1.8m	2.0m	2.2m	1.7m	1.4m	112,598
Financial debts`170/4`	1.3m	1.7m	2.5m	2.4m	2.6m	3.0m	3.2m	3.5m	3.4m	2.5m	2.5m	1.4m	1.7m	1.8m	1.8m	1.9m	2.1m	1.7m	1.4m	112,598
Leasing and similar obligations`172`	-	-	998,651	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Credit institutions`173`	-	-	1.4m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other loans`174`	-	-	130,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trade debts`175`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Advances received on contracts in progress`176`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Other amounts payable`178/9`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	130,000	130,000	-	-	-
Amounts payable within one year`42/48`	1.6m	1.7m	1.6m	1.6m	1.3m	1.8m	2.3m	1.3m	1.6m	1.2m	1.5m	1.1m	1.4m	1.6m	1.2m	1.2m	1.6m	1.6m	1.5m	1.3m
Current portion of amounts payable after more than one year`42`	370,190	738,081	731,076	353,259	398,573	491,772	474,286	449,070	458,392	388,861	285,089	263,651	299,762	333,423	246,407	240,303	220,374	173,710	132,562	84,665
Financial debts`43`	-	-	0	550,000	150,000	220,000	550,000	80,000	-	-	300,000	133,734	285,000	370,000	335,000	370,000	370,000	369,000	365,000	365,000
Credit institutions`430/8`	-	-	0	550,000	150,000	220,000	550,000	80,000	0	0	300,000	133,734	285,000	370,000	335,000	370,000	370,000	369,000	365,000	365,000
Other loans`439`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Trade debts`44`	831,204	584,318	457,390	446,176	410,658	841,118	892,817	503,801	687,972	347,594	491,979	358,646	418,756	628,459	416,822	366,910	782,175	876,432	840,560	664,343
Suppliers`440/4`	831,204	584,318	457,390	446,176	410,658	841,118	892,817	503,801	687,972	347,594	491,979	358,646	418,756	628,459	416,822	366,910	782,175	876,432	840,560	664,343
Bills of exchange payable`441`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Advances received on contracts in progress`46`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Taxes, remuneration and social security`45`	392,250	346,374	282,982	240,265	215,263	257,532	283,364	239,899	226,936	202,619	228,227	203,024	207,031	165,852	134,548	170,108	201,553	153,786	179,867	142,880
Taxes`450/3`	61,982	25,223	19,514	21,219	19,752	21,596	47,482	16,380	34,840	47,239	40,637	55,010	35,260	29,179	11,407	29,941	34,121	25,199	71,861	47,704
Remuneration and social security`454/9`	330,267	321,151	263,468	219,046	195,511	235,936	235,882	223,520	192,096	155,381	187,589	148,014	171,771	136,673	123,141	140,167	167,432	128,587	108,006	95,176
Other amounts payable`47/48`	46,530	51,012	143,886	25,926	82,711	36,606	69,163	68,887	198,969	265,948	201,028	105,586	145,474	92,575	86,413	71,086	55,902	48,977	19,460	38,961
Accrued charges and deferred income`492/3`	47,279	29,661	23,030	12,193	12,738	16,785	14,484	31,096	22,085	9,333	3,018	3,323	3,640	3,479	2,859	4,337	925	-	1,651	2,483
Income statement
Operating income`70/76A`	-	-	10.2m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Turnover`70`	-	-	9.9m	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Change in stocks of work in progress, finished goods and contracts in progress`71`	-	-	-32,452	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating income`74`	-	-	340,507	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-recurring operating income`76A`	13,159	12,588	3,620	5,025	7,187	6,500	5,936	23,405	4,195	0	0	995	-	6,612	15,190	4,132	2,130	-	-	7,420
Gross operating margin`9900`	3.6m	3.4m	-	2.5m	3.2m	2.9m	2.7m	2.6m	2.0m	2.3m	2.0m	2.0m	1.9m	1.6m	1.6m	1.5m	1.5m	1.2m	1.2m	1.0m
Operating charges`60/66A`	-	-	9.2m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Goods for resale, raw materials and consumables`60`	-	-	4.2m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases`600/8`	-	-	3.4m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in stocks: decrease (increase)`609`	-	-	795,902	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Services and other goods`61`	-	-	2.6m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Remuneration, social security and pensions`62`	2.5m	2.4m	2.0m	1.7m	1.6m	1.6m	1.5m	1.4m	1.2m	1.2m	1.2m	1.0m	1.0m	954,116	909,249	927,706	894,460	831,183	665,287	590,954
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	611,685	592,688	582,747	572,251	548,334	590,160	588,538	555,478	544,651	513,685	515,336	366,659	359,261	358,242	306,460	300,051	296,876	274,296	230,213	150,132
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	4,946	-64,464	-354,096	114,446	263,018	96,882	-20,653	4,626	-66,024	22,778	-4,760	45,757	173,283	87,882	70,128	25,862	39,911	-	1,874	40,841
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-54,457	1,257	-42,301	9,639	-132,080	238,720	880	11,265	-30,865	-26,500	8,041	11,000	14,000	-69,497	20,000	-20,287	78,287	-	-	-11,600
Other operating charges`640/8`	76,256	129,161	181,839	82,360	141,636	188,422	186,685	148,265	56,893	57,819	45,561	33,755	39,618	43,547	104,113	44,102	29,045	32,040	17,964	20,338
Operating charges capitalised as restructuring costs`649`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Non-recurring operating charges`66A`	42,013	-	-	-	-	0	513	2,196	3,934	192	1,600	-	1,777	-	22,500	-	6,500	-	6,763	11,666
Operating profit (loss)`9901`	397,655	425,282	939,356	33,325	696,081	138,536	399,115	408,962	259,081	614,642	226,407	480,300	257,976	238,818	189,818	192,936	147,925	42,075	320,927	235,445
Financial income`75/76B`	53,352	91,151	70,817	48,902	62,904	45,483	34,860	50,210	44,946	26,151	43,984	64,712	53,151	47,088	58,033	59,902	49,929	44,534	91,189	54,278
Recurring financial income`75`	53,352	91,151	70,817	48,902	62,904	45,483	34,860	50,210	44,946	26,151	43,984	64,712	53,151	47,088	58,033	59,902	49,929	44,534	91,189	54,278
Income from current assets`751`	-	-	27,762	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other financial income`752/9`	-	-	43,054	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-recurring financial income`76B`	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	103,203	119,505	130,237	173,987	117,189	140,458	151,448	157,212	152,078	166,451	118,776	135,834	138,277	151,350	135,939	163,109	169,558	115,291	115,077	60,193
Recurring financial charges`65`	103,203	119,505	130,237	173,987	117,189	140,458	151,448	157,212	152,078	166,451	118,776	135,834	138,277	151,350	135,939	163,109	169,558	115,291	115,077	60,193
Debt charges`650`	-	-	80,189	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)`651`	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other financial charges`652/9`	-	-	50,048	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-recurring financial charges`66B`	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	347,805	396,928	879,936	-91,760	641,797	43,561	282,528	301,960	151,948	474,343	150,015	410,173	171,073	141,168	104,602	93,861	23,926	-28,682	290,276	225,284
Income taxes`67/77`	4,464	3,971	3,444	2,928	-15,880	-46,710	-32,721	4,204	69,314	158,579	56,480	50,185	43,987	30,144	1,346	-7,171	5,736	-9,755	95,888	72,115
Taxes`670/3`	-	-	3,444	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period`9904`	343,341	392,957	876,491	-94,688	657,677	90,271	315,249	297,756	82,634	315,764	93,535	359,988	127,086	111,024	103,256	101,032	18,190	-18,927	194,388	153,169
Transfer from tax-exempt reserves`789`	-	-	-	0	127,550	155,000	-	-	0	72,000	0	-	-	-	-	-	-	-	-	-
Transfer to tax-exempt reserves`689`	-	-	-	-	-	-	-	-	71,300	155,000	0	150,000	72,000	-	-	75,000	-	-	-	-
Profit (loss) for the period to be appropriated`9905`	343,341	392,957	876,491	-94,688	785,227	245,271	315,249	297,756	11,334	232,764	93,535	209,988	55,086	111,024	103,256	26,032	18,190	-18,927	194,388	153,169
Appropriation of the result
Profit (loss) to be appropriated`9906`	343,341	392,957	876,491	-94,688	2.5m	1.7m	1.5m	1.2m	883,052	943,717	710,953	617,418	407,430	352,344	241,320	138,064	112,032	93,842	312,769	318,381
Profit (loss) brought forward from the previous period`14P`	-	-	-	0	1.7m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	-	-	0	94,688	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
From reserves`792`	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	317,255	361,837	760,496	0	2.4m	-	-	-	-	72,000	-	-	-	-	-	-	-	-	200,000	200,000
Addition to contributions`691`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
To the legal reserve`6920`	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
To other reserves`6921`	317,255	361,837	760,496	0	2.4m	-	-	-	0	72,000	0	-	-	-	-	-	-	-	200,000	200,000
Profit to be distributed`694/7`	26,085	31,120	115,995	0	48,135	3,267	21,190	22,647	-	-	-	-	-	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	-	0	50,000	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Directors or managers`695`	26,085	29,770	65,995	0	48,135	3,267	21,190	22,647	0	0	0	-	-	-	-	-	-	-	-	-
Employees`696`	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-
Other beneficiaries`697`	0	1,350	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	30.1	30.3	26.5	27	27	28	25.6	23.6	22.1	21.2	22.1	19	20	20.6	20.3	22	21.3	20.2	18.3	15.1
Men (FTE)`1003`	-	-	19.7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Women (FTE)`1003`	-	-	6.8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Agency workers`1501`	-	-	3.5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Hours worked`1013`	48,864	49,247	42,186	38,034	41,263	42,903	41,772	39,076	36,397	35,007	35,807	31,417	30,418	29,466	30,658	31,480	31,059	31,900	26,109	23,531
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Financial year	Type	Filed	Reference	Document
31-12-2025	full format	24-07-2026	2026-00326840	PDF
31-12-2024	abbreviated format	22-07-2025	2025-00292769	PDF
31-12-2023	full format	06-08-2024	2024-00329927	PDF
31-12-2022	abbreviated format	18-07-2023	2023-00244366	PDF
31-12-2021	abbreviated format	27-06-2022	2022-20094132	PDF
31-12-2020	abbreviated format	09-07-2021	2021-32800484	PDF
31-12-2019	abbreviated format	17-08-2020	2020-41400035	PDF
31-12-2018	abbreviated format	28-06-2019	2019-23900404	PDF
31-12-2017	abbreviated format	25-06-2018	2018-21500540	PDF
31-12-2016	abbreviated format	10-07-2017	2017-28000213	PDF
31-12-2015	abbreviated format	03-08-2016	2016-39100595	PDF
31-12-2014	abbreviated format	31-08-2015	2015-52800467	PDF
31-12-2013	abbreviated format	29-08-2014	2014-50300600	PDF
31-12-2012	abbreviated format	30-08-2013	2013-50200524	PDF
31-12-2011	abbreviated format	18-07-2012	2012-30700345	PDF
31-12-2010	abbreviated format	29-07-2011	2011-35200317	PDF
31-12-2009	abbreviated format	06-08-2010	2010-39600400	PDF
31-12-2008	abbreviated format	28-07-2009	2009-50000189	PDF
31-12-2007	abbreviated format	15-07-2008	2008-41200197	PDF
31-12-2006	abbreviated format	30-07-2007	2007-50900264	PDF
31-12-2005	abbreviated format	23-06-2006	2006-31000080	PDF
31-12-2004	abbreviated format	22-06-2005	2005-30804228	PDF
31-12-2003	abbreviated format	24-06-2004	2004-31100497	PDF
31-12-2002	abbreviated format	30-06-2003	2003-34600783	PDF
31-12-2001	abbreviated format	20-06-2002	2002-24602039	PDF
31-12-2000	abbreviated format	15-06-2001	2001-22105031	PDF
31-12-1999	abbreviated format	28-06-2000	2000-31102201	PDF
31-12-1998	abbreviated format	30-06-1999	1999-27501389	PDF
31-12-1997	abbreviated format	22-06-1998	1998-20402154	PDF
31-12-1996	abbreviated format	25-06-1997	1997-20004967	PDF
31-12-1995	abbreviated format	22-10-1996	1996-48601932	PDF
31-12-1994	abbreviated format	19-06-1995	1995-25500491	PDF
31-12-1993	abbreviated format	30-06-1994	1994-24404703	PDF
31-12-1992	abbreviated format	15-06-1993	1993-13105031	PDF
31-12-1991	abbreviated format	24-06-1992	1992-14504686	PDF
31-12-1990	abbreviated format	28-06-1991	1991-14203045	PDF
31-12-1989	abbreviated format	28-06-1990	1990-12901588	PDF
31-12-1988	abbreviated format	29-06-1989	1989-12701379	PDF
31-12-1987	abbreviated format	17-06-1988	1988-08900351	PDF

Year	Entries	Awarded	Paid
2025	2	€21,606	€21,973
2024	2	-€17,252	€7,382
2023	2	-€242	€2,836
2022	3	€35,500	€7,500

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	1.0m	1.0m	1.5m	605,576	1.2m	728,697	987,653	964,439	803,732	1.1m	741,743	846,959	617,237	597,060	496,278	492,987	444,801	316,371	551,140	385,577
Cash flow	955,025	985,645	1.5m	477,563	1.2m	680,431	903,787	853,234	627,285	829,449	608,871	726,647	486,347	469,266	409,716	401,083	315,066	255,369	424,601	303,301
Investment in fixed assets	1.0m	280,536	427,990	386,333	190,664	286,043	817,044	639,470	1.5m	669,388	1.7m	181,326	308,512	491,572	211,642	205,080	585,440	620,447	1.5m	294,661
Change in cash	158,478	256,462	-509,279	38,045	-114,366	-109,717	266,804	380,510	14,651	100,619	-103,696	32,072	259,887	-127,689	58,721	-455,249	313,865	62,689	-22,486	-
Working capital	2.7m	3.2m	3.3m	2.3m	2.5m	1.8m	1.3m	1.6m	1.3m	1.3m	1.1m	1.2m	866,149	770,096	880,955	887,511	873,686	544,352	640,095	380,084
EBIT margin	-	-	9.5%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Solvency	62.0%	56.8%	50.4%	46.1%	47.4%	37.0%	34.8%	35.0%	32.1%	37.7%	32.7%	42.3%	32.8%	28.9%	29.0%	26.0%	21.5%	24.0%	26.4%	38.0%
Current ratio	2.66	2.87	3.06	2.44	2.97	1.96	1.58	2.17	1.80	2.04	1.72	2.09	1.64	1.48	1.72	1.73	1.54	1.34	1.42	1.29
Quick ratio	1.73	2.02	2.04	0.91	1.31	1.01	0.88	1.12	0.80	0.92	0.79	0.95	0.78	0.80	0.92	0.97	1.07	0.88	1.14	1.02
Debt to equity	0.60	0.74	0.96	1.13	1.07	1.61	1.86	1.84	2.11	1.63	2.02	1.33	2.01	2.43	2.36	2.76	3.55	3.13	2.75	1.59
ROE	6.9%	8.4%	20.4%	-2.7%	18.1%	3.0%	10.7%	11.2%	3.5%	13.8%	4.7%	19.1%	8.4%	8.0%	8.1%	8.6%	1.7%	-1.8%	18.0%	17.3%
ROA	4.3%	4.8%	10.3%	-1.2%	8.6%	1.1%	3.7%	3.9%	1.1%	5.2%	1.5%	8.1%	2.7%	2.3%	2.3%	2.2%	0.4%	-0.4%	4.8%	6.6%
Interest coverage	9.78	8.52	18.98	3.48	10.62	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	-	-	16 days	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplier credit	-	-	24 days	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	32	34	28	28	26
full-time	23	29	24	24	23
part-time	9	5	4	4	3
in full-time equivalents	29.8	32.6	26.2	26.3	24.6
Average over the year, in full-time equivalents	30.1	30.3	26.5	24	26.9
On a permanent contract	32	34	28	28	26
Joined	14	17	-	15	12
Left	16	11	-	13	14
Agency workers, average number	-	-	3.5	-	-
Training hours	-	-	-	448	416

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	€541,179	-	€2.0m	€2.6m	€2.9m
Debts guaranteed by Belgian public bodies	-	€2.9m	-	-	-
Mortgages, amount registered	€347,262	€347,262	€347,262	€347,262	€347,262
Mortgage mandates	€3.1m	€3.1m	€3.1m	€3.1m	€3.1m
Carrying value of the mortgaged assets	€2.4m	€2.3m	€2.5m	€2.6m	€2.7m
Carrying value of the other pledged assets	€221,489	€548,123	€0	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€870,884	€191,075	€392,168	€297,168	€140,679
Intangible fixed assets	€136,101	€89,460	€35,822	€89,166	€49,985
Financial fixed assets	€0	-	-	-	-
Depreciation and write-downs of the year	€611,685	€592,688	€582,747	€572,251	€548,334

Sidec Holding registered office since 19-10-2016 · founded in 2016	total assets €1.7m (2025) 0664.770.395
Stock's Corner registered office since 24-11-1997 · founded in 1997	total assets €14,353 (2025) 0461.817.889

30-06-2026	Under review	Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning); Verbouwen en/of uitbreiden van bijgebouwen en niet overdekte lage constructies project 2026074479	Provincie Antwerpen
16-10-2025	Discontinued	Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 08-10-2025 · project 2025118835	Provincie Antwerpen

Overview

Lifetime

Key points

Equity

Turnover

Investments

Staff

Filings

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on SIDEC

Financials

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin €m

Position in the sector

Solvency62.0%

Current ratio2.66

Return on assets4.3%

Staff

Men and women

Staff cost per FTE€84,662

Joined and left-2

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 9 entries, €39,612 awarded, €39,691 paid

Key figures and ratios

Social balance sheet

Securities and guarantees

Investments

Insights on SIDEC

Board & ownership

Board

Mandates through the years

Control

Capital

Owners through the years

Articles of association

Shareholders

Owners 2

Network & group

Group

Belgium 1 Equity Result

At the same address

Earlier ties

Connections & network

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Environmental permits

Location

Parcels