ACTIVE

SIHOLD

Financial year 2025 · closed on 31/12/2025
Net result
38,8 M €
+83.7% YoY
Revenue
16,9 M €
+1.7% YoY
Equity
211,2 M €
+4.2% YoY
Workforce
71,8 ETP
+3.9% YoY

What does SIHOLD do?

SIHOLD is a Public limited company incorporated in 1996. Its main activity is: Activities of head offices. Its registered office is in Ardooie. It employs on average 71,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0458.793.469
Incorporation
16/09/1996
Legal form
Public limited company
Registered office
Fabriekstraat 23
8850 Ardooie · FlandreSee on map
Contributed capital
44 730 000,00 €
Latest accounts
31/12/2025
Average workforce
71,8 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Revenue16,9 M €16,7 M €14,9 M €
EBITDA4,1 M €3,2 M €2,2 M €760 k €-1,5 M €11,8 k €-23,5 k €-23,1 k €-22,5 k €-22,2 k €-22,6 k €-24,8 k €-30,6 k €-33,4 k €-8,2 k €
Operating result2,2 M €1,5 M €244,2 k €760 k €-1,5 M €11,8 k €-23,5 k €-23,1 k €-22,5 k €-22,2 k €-22,6 k €-24,8 k €-30,6 k €-33,4 k €-8,2 k €
Net result38,8 M €21,1 M €18,6 M €22,9 M €171,5 M €397,3 k €8,3 M €7,5 M €8,2 M €8,2 M €5 M €5,1 M €1,6 M €3,5 M €-1,6 M €
Balance sheet
Equity211,2 M €202,7 M €211,8 M €224 M €219,2 M €50,6 M €50,2 M €49,8 M €49,9 M €49,3 M €48,8 M €47,8 M €46,8 M €47,4 M €46,5 M €
Total assets246,1 M €244,5 M €251,3 M €244,5 M €240,9 M €53,4 M €58,6 M €58,3 M €60,2 M €60 M €56,6 M €56,1 M €53,6 M €54,6 M €52,4 M €
Cash136 k €133,4 k €157,1 k €287,6 k €45 k €707,6 k €891,4 k €715,5 k €54 k €18 k €700,5 k €1,1 M €12,4 k €3,8 k €263 k €
Debts33,4 M €40,4 M €38,4 M €20,4 M €21,8 M €2,8 M €8,3 M €8,5 M €10,3 M €10,7 M €7,9 M €8,2 M €6,9 M €7,1 M €5,8 M €
Other
Workforce71,8 ETP69,1 ETP63,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 9 active · 13 ended

Active mandates

Dijleberg

Director · since 19 février 2026 · until 26 avril 2030 · 0831.614.553

Represented by Frank Vlayen

Active
CD - X

Director · since 28 avril 2023 · until 30 avril 2027 · 0479.834.749

Represented by Carl Dewulf

Active
D. LANCE

Director · since 28 avril 2023 · until 30 avril 2027 · 0444.114.203

Represented by Danielle Parein-Sioen

Active
Jules Noten

Director · since 28 avril 2023 · until 30 avril 2027 · 0548.770.570

Represented by Jules Noten

Active
LumaDirk

Director · since 28 avril 2023 · until 30 avril 2027 · 0674.653.806

Represented by Dirk Meeus

Active
M.J.S. CONSULTING

Managing director · since 28 avril 2023 · until 30 avril 2027 · 0442.767.485

Represented by Michèle Sioen

Active
Michel Delbaere

Chairman of the board of directors · since 28 avril 2023 · until 30 avril 2027

Active
P. COMPANY

Director · since 28 avril 2023 · until 30 avril 2027 · 0445.225.545

Represented by Pascale Sioen

Active
UNI-PAR

Director · since 28 avril 2023 · until 30 avril 2027 · 0465.120.641

Represented by Pierre Macharis

Active

Ended mandates

Danielle Sioen

Director · since 24 janvier 2020 · until 23 janvier 2026

Ended
Michèle Sioen

Managing director · since 24 janvier 2020 · until 23 janvier 2026

Ended
Michèle Sioen

Managing director · since 24 janvier 2020

Ended
Pascale Sioen

Director · since 24 janvier 2020 · until 23 janvier 2026

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/10/202001/10/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202130/09/2020
Length of the financial year12 months12 months12 months12 months15 months12 months
Filing date18/05/202615/05/202514/05/202424/05/202324/05/202219/02/2021
General meeting24/04/202625/04/202526/04/202428/04/202329/04/202210/12/2020
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 model31/12/202524/04/202618/05/2026DutchPDF
Full model31/12/202425/04/202515/05/2025DutchPDF
Full model31/12/202326/04/202414/05/2024DutchPDF
Full model31/12/202228/04/202324/05/2023DutchPDF
Full model31/12/202129/04/202224/05/2022DutchPDF
Full model30/09/202010/12/202019/02/2021DutchPDF
Full model30/09/201924/01/202028/02/2020DutchPDF
Full model30/09/201828/02/201905/03/2019DutchPDF
Full model30/09/201726/01/201828/02/2018DutchPDF
Full model30/09/201627/01/201724/02/2017DutchPDF
Full model30/09/201512/02/201630/03/2016DutchPDF
Full model30/09/201423/01/201527/03/2015DutchPDF
Full model30/09/201324/01/201427/03/2014DutchPDF
Full model30/09/201225/01/201329/03/2013DutchPDF
Full model30/09/201127/01/201229/02/2012DutchPDF
Full model30/09/201028/01/201130/03/2011DutchPDF
Full model30/09/200922/01/201031/03/2010DutchPDF
Full model30/09/200823/01/200927/02/2009DutchPDF
Full model30/09/200725/01/200813/03/2008DutchPDF
Full model30/09/200626/01/200714/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 9 active · 13 ended

Active mandates

Dijleberg

Director · since 19 février 2026 · until 26 avril 2030 · 0831.614.553

Represented by Frank Vlayen

Active
CD - X

Director · since 28 avril 2023 · until 30 avril 2027 · 0479.834.749

Represented by Carl Dewulf

Active
D. LANCE

Director · since 28 avril 2023 · until 30 avril 2027 · 0444.114.203

Represented by Danielle Parein-Sioen

Active
Jules Noten

Director · since 28 avril 2023 · until 30 avril 2027 · 0548.770.570

Represented by Jules Noten

Active
LumaDirk

Director · since 28 avril 2023 · until 30 avril 2027 · 0674.653.806

Represented by Dirk Meeus

Active
M.J.S. CONSULTING

Managing director · since 28 avril 2023 · until 30 avril 2027 · 0442.767.485

Represented by Michèle Sioen

Active
Michel Delbaere

Chairman of the board of directors · since 28 avril 2023 · until 30 avril 2027

Active
P. COMPANY

Director · since 28 avril 2023 · until 30 avril 2027 · 0445.225.545

Represented by Pascale Sioen

Active
UNI-PAR

Director · since 28 avril 2023 · until 30 avril 2027 · 0465.120.641

Represented by Pierre Macharis

Active

Ended mandates

Danielle Sioen

Director · since 24 janvier 2020 · until 23 janvier 2026

Ended
Michèle Sioen

Managing director · since 24 janvier 2020 · until 23 janvier 2026

Ended
Michèle Sioen

Managing director · since 24 janvier 2020

Ended
Pascale Sioen

Director · since 24 janvier 2020 · until 23 janvier 2026

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/10/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other21/10/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates27/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/02/2020
    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. 19/02/2026
    nominationDijleberg, CommV. — bestuurder
  2. 2025
    Annual accounts 202538,8 M €
  3. 2024
    Annual accounts 202421,1 M €
  4. 26/04/2024
    reconductionDeloitte Bedrijfsrevisoren BV — commissaris
  5. 2023
    Annual accounts 202318,6 M €
  6. 28/04/2023
    nominationMichel Delbaere — bestuurder
  7. 28/04/2023
    nominationMichel Delbaere — Voorzitter van de raad van bestuur
  8. 28/04/2023
    nominationMichèle Sioen — gedelegeerd bestuurder
  9. 01/01/2023
    nominationGeert Asselman — C.F.O.
  10. 2022
    Annual accounts 202222,9 M €
  11. 2021
    Annual accounts 2021171,5 M €
  12. 2020
    Annual accounts 2020397,3 k €
  13. 2019
    Annual accounts 20198,3 M €
  14. 2018
    Annual accounts 20187,5 M €
  15. 2017
    Annual accounts 20178,2 M €
  16. 2016
    Annual accounts 20168,2 M €
  17. 2015
    Annual accounts 20155 M €
  18. 2014
    Annual accounts 20145,1 M €
  19. 2013
    Annual accounts 20131,6 M €
  20. 2012
    Annual accounts 20123,5 M €
  21. 2011
    Annual accounts 2011-1,6 M €
  22. 16/09/1996
    IncorporationPublic limited company