ACTIVE

SIVAC

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Financial year 2025 · closed on 31/12/2025
Net result
1 M €
+88.1% YoY
Revenue
34 M €
+18.7% YoY
Equity
106 k €
+10.2% YoY
Workforce
891,2 ETP
+12.5% YoY

What does SIVAC do?

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
Activities (NACE)
81210General cleaning of buildings· main81210General cleaning of buildings96910Other personal service activities81220Other building and industrial cleaning activities81220Other building and industrial cleaning activities96012Washing and (dry-)cleaning of textile and fur products+3
Joint committees (2)
  • 200
  • 32201
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
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 €55,5 k €110,3 k €30,3 k €69,6 k €30,8 k €49,4 k €70,2 k €75,6 k €97,5 k €56,2 k €5,8 k €9,7 k €-3,8 k €-2,1 k €
Operating result1,4 M €837,9 k €900,6 k €60,2 k €326,6 k €30,6 k €88,4 k €17,2 k €61,6 k €23 k €42,8 k €66 k €72,7 k €96 k €56,1 k €5,8 k €9,7 k €-4,1 k €-8,4 k €
Net result1 M €536,8 k €609,3 k €2,5 k €258,3 k €2,2 k €23,4 k €1 k €43,4 k €11,3 k €29,6 k €48,6 k €54,7 k €73,4 k €39,9 k €10 k €9,3 k €-5,8 k €-9,3 k €
Balance sheet
Equity106 k €96,2 k €99,4 k €310,1 k €307,6 k €42,7 k €40,5 k €28 k €26,9 k €23,6 k €24,3 k €24,7 k €26,1 k €21,4 k €-2 k €-22 k €-32 k €-41,4 k €-35,6 k €
Total assets7,5 M €5,8 M €5,2 M €3,1 M €2,4 M €1,3 M €1 M €821,2 k €800,6 k €740 k €719 k €628,7 k €576,3 k €514,4 k €224,4 k €18,3 k €–1,4 k €3,5 k €
Cash5,2 M €3 M €2,6 M €2 M €1,6 M €819,1 k €717,7 k €482,4 k €430,6 k €421,7 k €436,4 k €339,8 k €322,6 k €326,5 k €134,2 k €18,2 k €–1,1 k €1,2 k €
Debts7,3 M €5,3 M €5 M €2,7 M €2 M €1,2 M €1 M €787,5 k €773,7 k €716,4 k €694,7 k €603,5 k €538,2 k €492,9 k €226,5 k €40,3 k €32 k €42,8 k €39,1 k €
Other
Workforce891,2 ETP792,2 ETP651,5 ETP496,0 ETP415,4 ETP274,0 ETP222,9 ETP195,6 ETP182,0 ETP162,0 ETP141,8 ETP133,9 ETP106,9 ETP76,8 ETP34,1 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 23 ended

Active mandates

2XU GROUP

Director · since 01 janvier 2026 · until 13 mars 2030 · 0758.731.228

Represented by Johan Van Noten

Active
M-MANAGEMENT

Director · since 13 mars 2024 · until 13 mars 2030 · 0550.488.361

Represented by Mellemans JO

Active
MAD

Director · since 13 mars 2024 · until 13 mars 2030 · 0677.997.237

Represented by Elly Huysmans

Active

Ended mandates

2XU GROUP

Managing director · since 13 mars 2024 · until 31 décembre 2024 · 0758.731.228

Represented by Ballegeer LOUIS

Ended
2XU GROUP

Director · since 13 mars 2024 · until 13 mars 2030 · 0758.731.228

Represented by Ballegeer LOUIS

Ended
2XU GROUP

Managing director · since 13 mars 2024 · until 31 décembre 2024 · 0758.731.228

Represented by Louis Ballegeer

Ended
M-MANAGEMENT

Director · since 13 mars 2024 · until 13 mars 2030 · 0550.488.361

Represented by Mellemans JO

Ended
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Annual accounts

Full financial information

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
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

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
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 23 ended

Active mandates

2XU GROUP

Director · since 01 janvier 2026 · until 13 mars 2030 · 0758.731.228

Represented by Johan Van Noten

Active
M-MANAGEMENT

Director · since 13 mars 2024 · until 13 mars 2030 · 0550.488.361

Represented by Mellemans JO

Active
MAD

Director · since 13 mars 2024 · until 13 mars 2030 · 0677.997.237

Represented by Elly Huysmans

Active

Ended mandates

2XU GROUP

Managing director · since 13 mars 2024 · until 31 décembre 2024 · 0758.731.228

Represented by Ballegeer LOUIS

Ended
2XU GROUP

Director · since 13 mars 2024 · until 13 mars 2030 · 0758.731.228

Represented by Ballegeer LOUIS

Ended
2XU GROUP

Managing director · since 13 mars 2024 · until 31 décembre 2024 · 0758.731.228

Represented by Louis Ballegeer

Ended
M-MANAGEMENT

Director · since 13 mars 2024 · until 13 mars 2030 · 0550.488.361

Represented by Mellemans JO

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 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

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. 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