ACTIVE

SIVAC

Financial year 2025 · Closed on 31/12/2025

Net result1 M €+88,1 %over 1 year
Revenue34 M €+18,7 %over 1 year
Equity106 k €+10,2 %over 1 year
Workforce891,2 ETP+12,5 %over 1 year

Identity

Source · BCE/KBO

SIVAC is a Public limited company incorporated in 1968. Its main activity is: General cleaning of buildings. Its registered office is in Wommelgem. It employs on average 891,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0406.212.739
Incorporation
18/09/1968
Legal form
Public limited company
Registered office
Draaiboomstraat 6 box 13
2160 Wommelgem · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
891,2 ETP
Joint committees (2)
  • 200
  • 32201
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue34 M €28,6 M €23,5 M €16 M €12,6 M €
EBITDA1,6 M €936,6 k €1 M €156,7 k €414,9 k €
Operating result1,4 M €837,9 k €900,6 k €60,2 k €326,6 k €
Net result1 M €536,8 k €609,3 k €2,5 k €258,3 k €
Balance sheet
Equity106 k €96,2 k €99,4 k €310,1 k €307,6 k €
Total assets7,5 M €5,8 M €5,2 M €3,1 M €2,4 M €
Cash5,2 M €3 M €2,6 M €2 M €1,6 M €
Debts7,3 M €5,3 M €5 M €2,7 M €2 M €
Other
Workforce891,2 ETP792,2 ETP651,5 ETP496,0 ETP415,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 9 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
2XU GROUP0758.731.228Represented by Johan Van Noten
Director13/03/2024 → 13/03/2030Managing directorlisted until the 2023 accountsended
M-MANAGEMENT0550.488.361Represented by Mellemans JO
Director13/03/2024 → 13/03/2030
MAD0677.997.237Represented by Huysmans ELLY
Director13/03/2024 → 13/03/2030

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
TEJEST Invest0656.747.408Represented by Hannah Spaepen
Director13/03/2024 → 02/05/2024
IZIKO0713.566.840Represented by Johan Van Noten
Director29/03/2023 → 2023 accountsManaging director29/03/2023 → 13/03/2024
Louis BALLEGEER
Managing director29/03/2023 → 13/03/2024

Other companies at this address

Draaiboomstraat 6 2160 Wommelgem
CompanyCBE no.
ALNAS GROUP● Active
0870.772.958
BETTINA SCHWARZ● Active
0458.865.329
CONCEPTZ● Active
0663.983.212
DEN DRAAIBOOM● Active
0723.429.067
0816.954.586
DILITO● Active
0429.212.330
0817.937.157
FACILITUS● Active
0824.629.860
INlabs● Active
0767.488.447
0427.793.853
IZIKO● Active
0713.566.840
JABADO● Active
0728.927.977
0810.394.121
J. & F. DE LAET● Active
0421.121.639
K.J. Solutions● Active
0674.833.651
LBF PROJECTS● Active
0745.877.639
LIFETIME ENERGY● Active
1022.301.707
VIXIT ELEKTRO● Active
0728.928.175

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelAbridged 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 date05/08/202611/07/202505/07/202427/07/202307/07/202201/07/2021
General meeting15/07/202627/06/202511/06/202430/06/202301/07/202212/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202515/07/202605/08/2026DutchPDF
Full model31/12/202427/06/202511/07/2025DutchPDF
Full model31/12/202311/06/202405/07/2024DutchPDF
Full model31/12/202230/06/202327/07/2023DutchPDF
Full model31/12/202101/07/202207/07/2022DutchPDF
Abridged model31/12/202012/06/202101/07/2021DutchPDF
Abridged model31/12/201909/06/202028/08/2020DutchPDF
Abridged model31/12/201811/06/201917/07/2019DutchPDF
Abridged model31/12/201712/06/201828/08/2018DutchPDF
Abridged model31/12/201613/06/201728/08/2017DutchPDF
Abridged model31/12/201521/05/201626/08/2016DutchPDF
Abridged model31/12/201409/06/201528/08/2015DutchPDF
Abridged model31/12/201310/06/201425/08/2014DutchPDF
Abridged model31/12/201211/06/201309/08/2013DutchPDF
Abridged model31/12/201112/06/201217/08/2012DutchPDF
Abridged model31/12/201014/06/201117/06/2011DutchPDF
Abridged model31/12/200908/06/201011/06/2010DutchPDF
Abridged model31/12/200830/05/200904/09/2009DutchPDF
Abridged model31/12/200730/06/200827/08/2008DutchPDF
Abridged model31/12/200626/05/200729/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

3 active · 9 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
2XU GROUP0758.731.228Represented by Johan Van Noten
Director13/03/2024 → 13/03/2030Managing directorlisted until the 2023 accountsended
M-MANAGEMENT0550.488.361Represented by Mellemans JO
Director13/03/2024 → 13/03/2030
MAD0677.997.237Represented by Huysmans ELLY
Director13/03/2024 → 13/03/2030

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
TEJEST Invest0656.747.408Represented by Hannah Spaepen
Director13/03/2024 → 02/05/2024
IZIKO0713.566.840Represented by Johan Van Noten
Director29/03/2023 → 2023 accountsManaging director29/03/2023 → 13/03/2024
Louis BALLEGEER
Managing director29/03/2023 → 13/03/2024

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/07/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates23/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/04/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office13/12/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
2XU GROUP
M-MANAGEMENT
MAD
TEJEST Invest
IZIKO
Louis BALLEGEER
YOUNITY CONSULTING
M.W.W.R.
M.W.W.R. SA
Pierre De Leye
CHRISTIANE CHRISTIAENS
GUILLAUME GOOSSENS
196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030
SIVAC
Draaiboomstraat 6 bte 13, 2160 WommelgemLeopold II laan 24, 8670 Koksijde
Director
Director
Director
Director
Managing directorDirectorManager
Manager
Manager
Manager
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Draaiboomstraat 6 bte 13, 2160 WommelgemCurrent
accounts 2025
Accounts 2025 · 2026-00386000
Draaiboomstraat 6/13, 2160 Wommelgem
accounts 2024
Accounts 2024 · 2025-00257533
Leopold II laan 24, 8670 Koksijde
accounts 2021 → 2023
Accounts 2023 · 2024-00237090

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
SIVACCurrent
accounts 2006 → 2025
Accounts 2025 · 2026-00386000

Events

  1. 2025
    Annual accounts 20251 M €↑
  2. 2024
    Annual accounts 2024536,8 k €↓
  3. 2023
    Annual accounts 2023609,3 k €↑
  4. 2022
    Annual accounts 20222,5 k €↓
  5. 2021
    Annual accounts 2021258,3 k €↑
  6. 2019
    Annual accounts 20192,2 k €↓
  7. 2018
    Annual accounts 201823,4 k €↑
  8. 2017
    Annual accounts 20171 k €↓
  9. 2016
    Annual accounts 201643,4 k €↑
  10. 2015
    Annual accounts 201511,3 k €↓
  11. 2014
    Annual accounts 201429,6 k €↓
  12. 2013
    Annual accounts 201348,6 k €↓
  13. 2012
    Annual accounts 201254,7 k €↓
  14. 2011
    Annual accounts 201173,4 k €↑
  15. 2010
    Annual accounts 201039,9 k €↑
  16. 2009
    Annual accounts 200910 k €↑
  17. 2008
    Annual accounts 20089,3 k €↑
  18. 2007
    Annual accounts 2007-5,8 k €↑
  19. 2006
    Annual accounts 2006-9,3 k €
  20. 18/09/1968
    IncorporationPublic limited company