Sippy
Annual accounts 2025
micro format, filed on 16-07-2026, 15 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €750,000. Estimated: probably between €510,000 and €1.2m.
Balance sheet
balance sheet total €427,482 on 31-12-2025in euro
in euro
Position in the sector
45.2%
Higher than 38% of 21,205 companies in 2025.
0.93
Higher than 14% of 20,568 companies in 2025.
2.9%
Higher than 22% of 20,743 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Staff
€51,948
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
427,482 | 406,990 | 438,426 | 416,976 | 131,637 | 126,114 | 101,553 | 69,585 | 80,562 | 72,074 | 71,918 | |
20 |
- | - | - | - | - | - | 0 | 0 | - | 0 | - | |
21/28 |
283,136 | 261,725 | 226,776 | 145,273 | 57,914 | - | 484 | 1,210 | 3,849 | 26,620 | 22,555 | |
21 |
282,214 | 260,566 | 225,382 | 141,770 | 54,412 | - | - | - | - | - | - | |
22/27 |
922 | 1,158 | 1,394 | 587 | 587 | - | 484 | 1,210 | 3,849 | 26,620 | 22,555 | |
22 |
879 | 998 | 1,117 | - | - | - | - | - | - | - | - | |
23 |
- | - | - | - | - | - | - | - | 1,936 | 1,936 | 1,587 | |
24 |
43 | 160 | 278 | 587 | 587 | - | 484 | 1,210 | 1,913 | 24,684 | 20,968 | |
28 |
- | - | - | 2,916 | 2,916 | - | - | - | - | - | - | |
29/58 |
144,346 | 145,265 | 211,649 | 271,703 | 73,723 | 126,114 | 101,069 | 68,375 | 76,713 | 45,454 | 49,364 | |
3 |
- | - | - | - | - | 87,416 | 90,658 | 33,926 | 4,089 | 4,250 | - | |
30/36 |
- | - | - | - | - | 21,110 | 22,550 | 22,550 | - | - | - | |
37 |
- | - | - | - | - | 66,306 | 68,108 | 11,376 | 4,089 | 4,250 | - | |
40/41 |
29,988 | 28,087 | 41,296 | 23,352 | 36,989 | 30,284 | 9,676 | 8,504 | 22,715 | 19,387 | 42,254 | |
40 |
29,988 | 28,087 | 41,296 | 23,060 | 36,795 | 22,726 | 9,676 | 8,504 | 20,465 | 16,944 | 41,979 | |
41 |
- | - | - | 292 | 194 | 7,558 | - | - | 2,250 | 2,443 | 275 | |
54/58 |
96,408 | 112,462 | 155,742 | 248,352 | 36,734 | 8,414 | 734 | 25,945 | 49,909 | 21,817 | 7,110 | |
490/1 |
17,950 | 4,716 | 14,612 | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
427,482 | 406,990 | 438,426 | 416,976 | 131,637 | 126,114 | 101,553 | 69,585 | 80,562 | 72,074 | 71,918 | |
10/15 |
193,360 | 180,930 | 181,264 | 192,130 | 25,128 | 12,529 | 8,288 | 11,567 | 16,548 | 15,221 | 7,143 | |
10/11 |
214,200 | 214,200 | 214,200 | 214,200 | 14,200 | 14,200 | 14,200 | 14,200 | 14,200 | 14,200 | 6,200 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 4,400 | 4,400 | 4,400 | 4,400 | 4,400 | 12,400 | |
13 |
2,348 | 2,348 | 2,348 | 2,348 | 2,348 | 2,348 | 2,348 | 2,348 | 2,348 | 1,021 | 943 | |
130/1 |
- | - | - | 50 | 50 | 50 | - | 0 | 0 | 0 | - | |
130 |
- | - | - | - | - | 50 | 50 | 50 | 50 | 50 | 50 | |
1311 |
- | - | - | 50 | 50 | - | - | - | - | - | - | |
133 |
2,348 | 2,348 | 2,348 | 2,298 | 2,298 | 2,298 | 2,298 | 2,298 | 2,298 | 971 | 893 | |
14 |
-23,188 | -35,618 | -35,284 | -24,418 | 8,580 | -4,019 | -8,260 | -4,981 | - | - | - | |
17/49 |
234,122 | 226,060 | 257,161 | 224,846 | 106,510 | 113,585 | 93,265 | 58,018 | 64,014 | 56,853 | 64,776 | |
17 |
78,485 | - | - | - | 50,000 | 50,000 | 50,000 | 25,000 | - | - | - | |
170/4 |
78,485 | - | - | - | 50,000 | 50,000 | 50,000 | 25,000 | - | - | - | |
42/48 |
155,637 | 225,474 | 257,161 | 224,846 | 56,510 | 63,585 | 40,442 | 29,640 | 55,958 | 56,853 | 64,776 | |
42 |
43,277 | 125,000 | 125,000 | 125,000 | - | - | - | - | - | - | - | |
43 |
- | - | - | 1,176 | - | 901 | - | - | 34,985 | - | - | |
430/8 |
- | - | - | 1,176 | - | 901 | - | - | - | - | - | |
439 |
- | - | - | - | - | - | - | - | 34,985 | - | - | |
44 |
55,008 | 53,288 | 66,760 | 49,607 | 21,480 | 19,055 | 9,935 | 15,921 | 18,716 | 13,806 | 32,783 | |
440/4 |
55,008 | 53,288 | 66,760 | 49,607 | 21,480 | 19,055 | 9,935 | 15,921 | 18,716 | 13,806 | 32,783 | |
45 |
33,832 | 23,707 | 42,984 | 29,922 | 14,897 | 22,929 | 6,204 | 12,764 | 2,257 | 8,062 | 481 | |
450/3 |
20,010 | 13,016 | 22,119 | 8,416 | 4,297 | 17,015 | 0 | 4,387 | 796 | 3,118 | 481 | |
454/9 |
13,821 | 10,691 | 20,865 | 21,506 | 10,600 | 5,914 | 6,204 | 8,377 | 1,461 | 4,944 | - | |
47/48 |
23,520 | 23,479 | 22,417 | 19,141 | 20,133 | 20,701 | 24,303 | 954 | - | 34,985 | 31,512 | |
492/3 |
- | 586 | - | - | - | - | 2,822 | 3,378 | 8,056 | - | - | |
| Income statement | ||||||||||||
76A |
- | - | 6,731 | - | - | - | - | - | - | - | - | |
9900 |
288,731 | 257,546 | 278,651 | 53,181 | 103,863 | 67,325 | 90,452 | 67,486 | 35,371 | 26,295 | 14,390 | |
62 |
155,843 | 161,352 | 217,169 | 33,654 | 68,014 | 56,881 | 90,675 | 59,893 | 23,208 | 16,918 | 4,609 | |
630 |
101,940 | 78,190 | 53,878 | 47,257 | 13,603 | 484 | 726 | 726 | 8,430 | 9,775 | 4,366 | |
631/4 |
- | - | - | - | - | - | - | - | - | -777 | 777 | |
640/8 |
928 | 1,501 | 392 | 1,754 | 1,119 | 1,798 | 768 | 9,733 | 1,850 | 155 | - | |
9901 |
30,019 | 16,503 | 7,214 | -29,484 | 21,127 | 8,163 | -1,717 | -2,866 | 1,882 | 223 | 4,639 | |
75/76B |
- | 22 | 194 | 561 | 5 | 0 | 114 | 23 | 62 | 1 | - | |
75 |
- | 22 | 194 | 561 | 5 | 0 | 114 | 23 | 62 | 1 | - | |
65/66B |
12,511 | 16,291 | 11,440 | 4,074 | 3,046 | 3,921 | 1,676 | 1,757 | -36 | 145 | 94 | |
65 |
12,511 | 16,291 | 11,440 | 4,074 | 3,046 | 3,921 | 1,676 | 1,757 | -36 | 145 | 94 | |
66B |
0 | - | - | - | - | - | - | - | - | - | - | |
9903 |
17,508 | 233 | -4,032 | -32,997 | 18,086 | 4,242 | -3,279 | -4,601 | 1,981 | 79 | 4,545 | |
67/77 |
5,078 | 567 | 6,834 | - | 1,246 | - | - | 381 | 654 | 1 | 483 | |
9904 |
12,431 | -334 | -10,866 | -32,997 | 16,840 | 4,242 | -3,279 | -4,981 | 1,327 | 79 | 4,063 | |
9905 |
12,431 | -334 | -10,866 | -32,997 | 16,840 | 4,242 | -3,279 | -4,981 | 1,327 | 79 | 4,063 | |
| Appropriation of the result | ||||||||||||
9906 |
-23,188 | -35,618 | -35,284 | -24,418 | 8,580 | -4,019 | -8,260 | -4,981 | 1,327 | 79 | 4,063 | |
14P |
-35,618 | -35,284 | -24,418 | 8,580 | -8,260 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | 1,327 | 79 | 943 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 50 | |
6921 |
- | - | - | - | - | - | - | - | 1,327 | 79 | 893 | |
694/7 |
- | - | - | - | - | - | - | - | - | - | 3,120 | |
695 |
- | - | - | - | - | - | - | - | - | - | 3,120 | |
| Social balance sheet | ||||||||||||
9087 |
3 | 3.2 | 4.9 | - | - | - | - | - | - | - | 0.1 | |
Hours worked1013 |
5,221 | 5,608 | 8,580 | - | - | - | - | - | - | - | 96 | |
| Document | ||||||||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 16-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 16-07-2026 | 2026-00299231 | |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00418946 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00408781 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00430791 | |
| 31-12-2021 | abbreviated format | 30-08-2022 | 2022-20367683 | |
| 31-12-2021 | micro format | 22-07-2022 | 2022-20212132 | |
| 31-12-2020 | micro format | 23-07-2021 | 2021-39000158 | |
| 31-12-2019 | micro format | 30-09-2020 | 2020-57300075 | |
| 31-12-2018 | micro format | 23-08-2019 | 2019-50300353 | |
| 31-12-2017 | micro format | 28-08-2018 | 2018-52500472 | |
| 31-12-2016 | micro format | 27-07-2017 | 2017-37100252 | |
| 31-12-2015 | abbreviated format | 21-06-2016 | 2016-20700101 |
Subsidies and aid
Flemish government 2022, 1 entry, €7,000 awarded, €7,000 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 131,960 | 94,693 | 61,091 | 17,773 | 34,730 | 8,647 | -990 | -2,140 | 10,313 | 9,998 | 9,005 | ||
| 114,371 | 77,856 | 43,012 | 14,259 | 30,443 | 4,726 | -2,553 | -4,255 | 9,757 | 9,854 | 8,428 | ||
| 123,352 | 113,139 | 131,758 | 134,615 | 57,914 | 0 | 0 | -1,913 | 726 | 14,442 | 26,920 | ||
| -16,054 | -43,280 | -92,610 | 211,618 | 28,321 | 7,679 | -25,211 | -23,964 | 28,092 | 14,707 | - | ||
| -11,291 | -80,209 | -45,512 | 46,857 | 17,213 | 62,529 | 60,626 | 38,735 | 20,755 | -11,399 | -15,412 | ||
| 45.2% | 44.5% | 41.3% | 46.1% | 19.1% | 9.9% | 8.2% | 16.6% | 20.5% | 21.1% | 9.9% | ||
| 0.93 | 0.64 | 0.82 | 1.21 | 1.30 | 1.98 | 2.50 | 2.31 | 1.37 | 0.80 | 0.76 | ||
| 0.93 | 0.64 | 0.82 | 1.21 | 1.30 | 0.61 | 0.26 | 1.16 | 1.30 | 0.72 | 0.76 | ||
| 1.21 | 1.25 | 1.42 | 1.17 | 4.24 | 9.07 | 11.25 | 5.02 | 3.87 | 3.74 | 9.07 | ||
| 6.4% | -0.2% | -6.0% | -17.2% | 67.0% | 33.9% | -39.6% | -43.1% | 8.0% | 0.5% | 56.9% | ||
| 2.9% | -0.1% | -2.5% | -7.9% | 12.8% | 3.4% | -3.2% | -7.2% | 1.6% | 0.1% | 5.6% | ||
| 10.55 | 5.81 | 5.34 | 4.36 | 11.40 | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | 3 | 3 | 4 |
| full-time | 3 | 3 | 4 |
| in full-time equivalents | 3 | 3 | 4 |
| 3 | 3.2 | 4.9 | |
| On a permanent contract | 3 | 3 | 4 |
| Joined | - | - | 0 |
| Left | - | - | 1 |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €1,186 | - | €587 |
| Intangible fixed assets | €123,352 | €113,139 | €130,571 | €134,615 | €54,412 |
| Financial fixed assets | - | - | - | - | €2,916 |
| €101,940 | €78,190 | €53,878 | €47,257 | €13,603 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Sippy
The operating result for 2025 is 82% higher than in 2024 and the highest since 2015. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total falls from 55.5% to 54.8%. Equity and debt are higher.