ACTIVE

SIPEF

Financial year 2015 · closed on 31/12/2015
Net result
-3,4 M €
+58.3% YoY
Revenue
186,6 M €
-6.7% YoY
Equity
118,5 M €
-6.9% YoY
Workforce
14,6 ETP
-12.6% YoY

What does SIPEF do?

SIPEF is a Public limited company incorporated in 1919. Its registered office is in Schoten. It employs on average 14,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0404.491.285
Incorporation
14/06/1919
Legal form
Public limited company
Registered office
Calesbergdreef 5
2900 Schoten · FlandreSee on map
Latest accounts
31/12/2015
Average workforce
14,6 ETP
Joint committees (2)
  • 100
  • 226
Signals
Solid equityPositive EBITDAHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2015201420132012201120102009200820072006
Income statement
Revenue186,6 M €200 M €204,3 M €223,4 M €238,3 M €176,1 M €150,7 M €167,1 M €123,8 M €109,9 M €
EBITDA4,7 M €4,8 M €4,7 M €4,3 M €3,7 M €402 k €2,5 M €624,3 k €-523,4 k €418,9 k €
Operating result4,6 M €4,7 M €4,5 M €4,2 M €3,5 M €1,4 M €2,1 M €158,1 k €-815,1 k €295,4 k €
Net result-3,4 M €-8,2 M €611,6 k €108,4 M €4 M €7,8 M €2,6 M €38,5 M €7,5 M €-1,9 M €
Balance sheet
Equity118,5 M €127,3 M €146,6 M €157,2 M €64 M €75,2 M €80,8 M €88,1 M €56,8 M €55,1 M €
Total assets281,9 M €249,6 M €235,8 M €212,9 M €155,1 M €130,7 M €116 M €126 M €125,6 M €109,1 M €
Cash8,4 M €6,5 M €5,9 M €5,4 M €5 M €2,1 M €3,2 M €3,9 M €1,1 M €692,8 k €
Debts163 M €121,9 M €88,6 M €54,9 M €89,6 M €54,5 M €33,9 M €37,5 M €65,6 M €51,9 M €
Other
Workforce14,6 ETP16,7 ETP17,6 ETP16,4 ETP16,9 ETP20,6 ETP22,6 ETP23,8 ETP25,3 ETP26,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2015 · 10 active · 40 ended

Active mandates

Antoine Friling

Director · since 10 juin 2015 · until 12 juin 2019

Active
Bryan Dyer

Director · since 10 juin 2015 · until 12 juin 2019

Active
François Van Hoydonck

Managing director · since 10 juin 2015 · until 12 juin 2019

Active
Regnier Haegelsteen

Director · since 10 juin 2015 · until 12 juin 2019

Active
Sophie Lammerant-Velge

Director · since 10 juin 2015 · until 12 juin 2019

Active
. Baron Bracht

Chairman of the board of directors · since 11 juin 2014 · until 08 juin 2016

Active
Priscilla Bracht

Director · since 11 juin 2014 · until 13 juin 2018

Active
. Baron Bertrand

Director · since 13 juin 2012 · until 08 juin 2016

Active
Jacques Delen

Director · since 13 juin 2012 · until 08 juin 2016

Active
Richard Robinow

Director · since 08 juin 2011 · until 10 juin 2015

Active

Ended mandates

Sophie Lammerant-Velge

Director · since 23 septembre 2011 · until 10 juin 2015

Ended
Antoine Friling

Director · since 08 juin 2011 · until 10 juin 2015

Ended
François Van Hoydonck

Managing director · since 08 juin 2011 · until 10 juin 2015

Ended
Regnier Haegelsteen

Director · since 08 juin 2011 · until 10 juin 2015

Ended
At this address

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Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelm120-f-pm120-f-pFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/07/202511/10/202413/07/202319/07/202228/06/202103/07/2020
General meeting11/06/202512/06/202414/06/202308/06/202209/06/202110/06/2020
Currency of the financial yearUSDUSDUSDUSDUSDUSD
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

86 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202411/06/202508/07/2025DutchPDF
m120-f-p31/12/202411/06/202508/07/2025DutchPDF
Full modelCorrection31/12/202312/06/202411/10/2024DutchPDF
Full model31/12/202312/06/202420/06/2024DutchPDF
m120-f-p31/12/202312/06/202419/06/2024DutchPDF
Full model31/12/202214/06/202312/07/2023DutchPDF
m120-f-p31/12/202214/06/202313/07/2023DutchPDF
Full model31/12/202108/06/202204/07/2022DutchPDF
m120-f-p31/12/202108/06/202219/07/2022DutchPDF
Full model31/12/202009/06/202128/06/2021DutchPDF
m120-f-p31/12/202009/06/202128/06/2021DutchPDF
Full model31/12/201910/06/202003/07/2020DutchPDF
m120-f-p31/12/201910/06/202003/07/2020DutchPDF
Full model31/12/201812/06/201911/07/2019DutchPDF
m120-f-p31/12/201812/06/201911/07/2019DutchPDF
Full model31/12/201713/06/201805/07/2018DutchPDF
m120-f-p31/12/201713/06/201805/07/2018DutchPDF
Full model31/12/201614/06/201703/07/2017DutchPDF
m120-f-p31/12/201614/06/201703/07/2017DutchPDF
Full model31/12/201508/06/201613/07/2016DutchPDF
m120-f-p31/12/201508/06/201605/07/2016DutchPDF
Full model31/12/201410/06/201507/07/2015DutchPDF
m120-f-p31/12/201410/06/201507/07/2015DutchPDF
Full model31/12/201311/06/201403/07/2014DutchPDF

View all 86 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2015 · 10 active · 40 ended

Active mandates

Antoine Friling

Director · since 10 juin 2015 · until 12 juin 2019

Active
Bryan Dyer

Director · since 10 juin 2015 · until 12 juin 2019

Active
François Van Hoydonck

Managing director · since 10 juin 2015 · until 12 juin 2019

Active
Regnier Haegelsteen

Director · since 10 juin 2015 · until 12 juin 2019

Active
Sophie Lammerant-Velge

Director · since 10 juin 2015 · until 12 juin 2019

Active
. Baron Bracht

Chairman of the board of directors · since 11 juin 2014 · until 08 juin 2016

Active
Priscilla Bracht

Director · since 11 juin 2014 · until 13 juin 2018

Active
. Baron Bertrand

Director · since 13 juin 2012 · until 08 juin 2016

Active
Jacques Delen

Director · since 13 juin 2012 · until 08 juin 2016

Active
Richard Robinow

Director · since 08 juin 2011 · until 10 juin 2015

Active

Ended mandates

Sophie Lammerant-Velge

Director · since 23 septembre 2011 · until 10 juin 2015

Ended
Antoine Friling

Director · since 08 juin 2011 · until 10 juin 2015

Ended
François Van Hoydonck

Managing director · since 08 juin 2011 · until 10 juin 2015

Ended
Regnier Haegelsteen

Director · since 08 juin 2011 · until 10 juin 2015

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares24/07/2023
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 01/09/2024
    nominationPetronella Meekers — gedelegeerd bestuurder
  2. 12/06/2024
    nominationPetronella Meekers — bestuurder
  3. 12/06/2024
    reconductionGaëtan Hannecart — bestuurder
  4. 12/06/2024
    reconductionEY Bedrijfsrevisoren BV — commissaris
  5. 01/01/2024
    nominationBart Cambré — CFO van de SIPEF-groep en lid van het Executief Comité
  6. 14/06/2023
    reconductionLuc Bertrand — bestuurder
  7. 14/06/2023
    reconductionAntoine Friling — bestuurder
  8. 14/06/2023
    reconductionNicholas Thompson — onafhankelijk bestuurder
  9. 14/06/2023
    reconductionFrançois Van Hoydonck — bestuurder
  10. 14/06/2023
    nominationGiulia Stellari — bestuurder
  11. 14/06/2023
    augmentation_capital
  12. 08/06/2022
    reconductionPriscilla Bracht — bestuurder
  13. 08/06/2022
    reconductionTom Bamelis — bestuurder
  14. 08/06/2022
    nominationAlexandre Delen — bestuurder
  15. 2015
    Annual accounts 2015-3,4 M €
  16. 2014
    Annual accounts 2014-8,2 M €
  17. 2013
    Annual accounts 2013611,6 k €
  18. 2012
    Annual accounts 2012108,4 M €
  19. 2011
    Annual accounts 20114 M €
  20. 2010
    Annual accounts 20107,8 M €
  21. 2009
    Annual accounts 20092,6 M €
  22. 2008
    Annual accounts 200838,5 M €
  23. 2007
    Annual accounts 20077,5 M €
  24. 2006
    Annual accounts 2006-1,9 M €
  25. 14/06/1919
    IncorporationPublic limited company