ACTIVE

Siphon

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

924,4 k €

+27.3% YoY

Gross margin

3,4 M €

+14.8% YoY

Equity

2,5 M €

-15.9% YoY

Workforce

35,0 ETP

+3.6% YoY

What does Siphon do?

Siphon is a Public limited company incorporated in 1969. Its main activity is: Camping grounds, recreational vehicle parks and trailer parks. Its registered office is in Damme. It employs on average 35,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0406.932.222

Incorporation

22/12/1969

Legal form

Public limited company

Registered office

Damse Vaart-Oost 1
8340 Damme · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

35,0 ETP

Activities (NACE)

55301Camping grounds, recreational vehicle parks and trailer parks· main 56101Restaurants and mobile food service activities 56111Restaurants and mobile food service activities

Joint committees (4)

118
11807
220
302

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	3,4 M €	+14.8%	3 M €	+14.6%	2,6 M €	+36.4%	1,9 M €	+36.6%	1,4 M €	-39.1%	2,3 M €	+7.5%	2,1 M €	+9.4%	2 M €	+5.2%	1,9 M €	-4.0%	1,9 M €	-18.6%	2,4 M €	+4.7%	2,3 M €	+2.2%	2,2 M €	+24.6%	1,8 M €	+14.1%	1,6 M €	-0.5%	1,6 M €	+1.2%	1,6 M €	+0.6%	1,5 M €
EBITDA	1,5 M €	+23.9%	1,2 M €	+26.4%	934,4 k €	+82.3%	512,6 k €	-4.9%	538,9 k €	-11.3%	607,4 k €	+4.6%	580,8 k €	+25.8%	461,7 k €	+1.9%	453 k €	-28.1%	630,3 k €	-39.5%	1 M €	+8.4%	961,2 k €	-7.5%	1 M €	+48.6%	699,6 k €	+57.4%	444,4 k €	-16.3%	530,9 k €	-1.0%	536,4 k €	-10.8%	601,7 k €
Operating result	1,3 M €	+30.8%	974,4 k €	+34.1%	726,7 k €	+125%	323,1 k €	-13.9%	375,4 k €	-9.6%	415,1 k €	+20.5%	344,5 k €	+44.7%	238 k €	-23.8%	312,4 k €	-34.8%	479 k €	-47.3%	908,7 k €	+10.6%	821,4 k €	-8.5%	898,2 k €	+60.0%	561,4 k €	+105%	273,9 k €	-22.6%	353,9 k €	+0.5%	352,2 k €	-17.1%	424,8 k €
Net result	924,4 k €	+27.3%	726 k €	+36.4%	532,3 k €	+116%	246,3 k €	-28.8%	346 k €	+18.0%	293,2 k €	+33.1%	220,3 k €	+31.7%	167,3 k €	-20.5%	210,5 k €	-38.9%	344,6 k €	-44.8%	624,2 k €	+5.2%	593,3 k €	-3.9%	617,3 k €	+42.1%	434,5 k €	+97.6%	219,9 k €	-19.1%	271,7 k €	+2.6%	264,9 k €	-14.4%	309,4 k €
Balance sheet
Equity	2,5 M €	-15.9%	3 M €	+32.0%	2,3 M €	-29.9%	3,2 M €	+8.2%	3 M €	+18.5%	2,5 M €	+13.1%	2,2 M €	+11.0%	2 M €	-12.3%	2,3 M €	+10.1%	2,1 M €	-2.6%	2,1 M €	+41.2%	1,5 M €	-32.4%	2,2 M €	+13.5%	2 M €	-5.5%	2,1 M €	+11.8%	1,9 M €	+17.0%	1,6 M €	-2.2%	1,6 M €
Total assets	3 M €	-12.3%	3,5 M €	-19.2%	4,3 M €	+19.7%	3,6 M €	+12.9%	3,2 M €	+13.5%	2,8 M €	+7.8%	2,6 M €	+5.9%	2,5 M €	-10.9%	2,8 M €	-6.9%	3 M €	+13.8%	2,6 M €	+10.7%	2,3 M €	-16.1%	2,8 M €	+22.0%	2,3 M €	-29.5%	3,3 M €	+15.0%	2,8 M €	+15.3%	2,5 M €	-4.6%	2,6 M €
Cash	1,6 M €	-15.1%	1,8 M €	-25.7%	2,5 M €	+20.2%	2,1 M €	+26.2%	1,6 M €	+46.8%	1,1 M €	-2.0%	1,1 M €	+37.3%	823,3 k €	-41.3%	1,4 M €	-11.9%	1,6 M €	+30.1%	1,2 M €	+42.6%	858,3 k €	-0.4%	861,5 k €	+171%	318,4 k €	-72.3%	1,1 M €	+412%	224,2 k €	-28.3%	312,8 k €	+191%	107,4 k €
Debts	498,1 k €	+5.2%	473,5 k €	-76.5%	2 M €	+487%	344 k €	+83.1%	187,9 k €	-31.6%	274,8 k €	-25.2%	367,3 k €	-16.5%	440 k €	-4.2%	459,4 k €	-46.9%	865 k €	+89.6%	456,3 k €	-45.2%	833,3 k €	+54.3%	540 k €	+69.1%	319,4 k €	-25.5%	428,9 k €	+28.2%	334,7 k €	+2.5%	326,3 k €	-38.2%	527,7 k €
Other
Workforce	35,0 ETP	+3.6%	33,8 ETP	+9.7%	30,8 ETP	-4.6%	32,3 ETP	+34.0%	24,1 ETP	-14.5%	28,2 ETP	+11.0%	25,4 ETP	+2.4%	24,8 ETP	0.0%	24,8 ETP	+8.8%	22,8 ETP	-3.4%	23,6 ETP	-1.7%	24,0 ETP	+7.6%	22,3 ETP	-5.5%	23,6 ETP	-1.3%	23,9 ETP	-1.2%	24,2 ETP	+0.8%	24,0 ETP	+0.4%	23,9 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 · 2 active · 9 ended

Active mandates

Jan Vlietinck

Director · since 01 janvier 2026 · until 09 mai 2031

Active

SHAREN

Director · since 01 janvier 2026 · until 09 mai 2031 · 1031.724.761

Represented by Renée Mouton

Active

Ended mandates

Jan Callewaert

Managing director · since 30 juin 2018 · until 10 mai 2024

Ended

Jan Vlietinck

Director · since 30 juin 2018 · until 10 mai 2024

Ended

Jan Callewaert

Managing director · since 01 avril 2010

Ended

Franky Callewaert

Managing director · until 01 avril 2010

Ended

At this address

Other companies at this address

Company	CBE no.
RENCALL● Active	1036.479.048
SHACALL● Active	0474.006.237
SHAREN● Active	1031.724.761

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/05/2026	12/05/2025	26/04/2024	28/03/2023	02/06/2022	22/07/2021
General meeting	08/05/2026	09/05/2025	02/04/2024	28/02/2023	13/05/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	08/05/2026	26/05/2026	Dutch	PDF
Abridged model	31/12/2024	09/05/2025	12/05/2025	Dutch	PDF
Abridged model	31/12/2023	02/04/2024	26/04/2024	Dutch	PDF
Abridged model	31/12/2022	28/02/2023	28/03/2023	Dutch	PDF
Abridged model	31/12/2021	13/05/2022	02/06/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	22/07/2021	Dutch	PDF
Abridged model	31/12/2019	29/06/2020	30/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	05/08/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	24/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	15/07/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	17/07/2015	Dutch	PDF
Abridged model	31/12/2013	09/05/2014	03/06/2014	Dutch	PDF
Abridged model	31/12/2012	10/05/2013	07/06/2013	Dutch	PDF
Abridged model	31/12/2011	11/05/2012	01/06/2012	Dutch	PDF
Abridged model	31/12/2010	13/05/2011	20/05/2011	Dutch	PDF
Abridged model	31/12/2009	14/05/2010	11/06/2010	Dutch	PDF
Abridged model	31/12/2008	08/05/2009	05/06/2009	Dutch	PDF
Abridged model	31/12/2007	09/05/2008	09/06/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	13/07/2007	Dutch	PDF

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 · 2 active · 9 ended

Active mandates

Jan Vlietinck

Director · since 01 janvier 2026 · until 09 mai 2031

Active

SHAREN

Director · since 01 janvier 2026 · until 09 mai 2031 · 1031.724.761

Represented by Renée Mouton

Active

Ended mandates

Jan Callewaert

Managing director · since 30 juin 2018 · until 10 mai 2024

Ended

Jan Vlietinck

Director · since 30 juin 2018 · until 10 mai 2024

Ended

Jan Callewaert

Managing director · since 01 avril 2010

Ended

Franky Callewaert

Managing director · until 01 avril 2010

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/01/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/12/2023
DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/08/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/06/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/04/2010
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/07/2007
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates17/06/2005
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

2025
Annual accounts 2025924,4 k €↑
2024
Annual accounts 2024726 k €↑
2023
Annual accounts 2023532,3 k €↑
2022
Annual accounts 2022246,3 k €↓
2021
Annual accounts 2021346 k €↑
2018
Annual accounts 2018293,2 k €↑
2017
Annual accounts 2017220,3 k €↑
2016
Annual accounts 2016167,3 k €↓
2015
Annual accounts 2015210,5 k €↓
2014
Annual accounts 2014344,6 k €↓
2013
Annual accounts 2013624,2 k €↑
2012
Annual accounts 2012593,3 k €↓
2011
Annual accounts 2011617,3 k €↑
2010
Annual accounts 2010434,5 k €↑
2009
Annual accounts 2009219,9 k €↓
2008
Annual accounts 2008271,7 k €↑
2007
Annual accounts 2007264,9 k €↓
2006
Annual accounts 2006309,4 k €
22/12/1969
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Siphon

Overview

What does Siphon do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline