ACTIVE

SIRECO

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Financial year 2025 · closed on 30/06/2025

Net result

15,2 k €

+272.6% YoY

Gross margin

22,7 k €

-30.5% YoY

Equity

132,5 k €

+13.0% YoY

What does SIRECO do?

SIRECO is a Public limited company incorporated in 1997. Its main activity is: Office administrative and support activities. Its registered office is in Brugelette.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0460.943.307

Incorporation

26/06/1997

Legal form

Public limited company

Registered office

Chemin du Cadet(B) 8
7940 Brugelette · WallonieSee on map

Contributed capital

62 000,00 €

Latest accounts

30/06/2025

Activities (NACE)

82100Office administrative and support activities· main 82190Photocopying, document preparation and other specialised office support activities 82110Combined office administrative service activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	22,7 k €	-30.5%	32,7 k €	-69.7%	107,8 k €	+20.9%	89,2 k €	-11.4%	100,8 k €	+13.5%	88,7 k €	+27.5%	69,6 k €	+48.5%	46,9 k €	+11.9%	41,9 k €	-14.6%	49,1 k €	-25.3%	65,7 k €	+16.7%	56,3 k €	-24.1%	74,1 k €	+59.3%	46,5 k €	-67.6%	143,7 k €	+5674%	-2,6 k €	-564%	-388 €	-221%	320 €
EBITDA	21,2 k €	+262%	5,9 k €	-3.9%	6,1 k €	-5.7%	6,5 k €	+257%	-4,1 k €	-187%	4,8 k €	+37.4%	3,5 k €	-59.3%	8,5 k €	+338%	-3,6 k €	-119%	19,3 k €	+26.6%	15,2 k €	+86.6%	8,2 k €	+23.0%	6,6 k €	+235%	-4,9 k €	-254%	3,2 k €	+197%	-3,3 k €	-295%	-829 €	+0.4%	-832 €
Operating result	21,2 k €	+262%	5,9 k €	-3.9%	6,1 k €	-1.1%	6,2 k €	+217%	-5,3 k €	-245%	3,6 k €	+37.9%	2,6 k €	-69.1%	8,5 k €	+338%	-3,6 k €	-119%	19,3 k €	+46.6%	13,1 k €	+116%	6,1 k €	+33.6%	4,6 k €	+193%	-4,9 k €	-254%	3,2 k €	+197%	-3,3 k €	-295%	-829 €	+41.5%	-1,4 k €
Net result	15,2 k €	+273%	4,1 k €	-6.9%	4,4 k €	-25.5%	5,9 k €	+210%	-5,3 k €	-326%	2,4 k €	-6.2%	2,5 k €	-70.0%	8,4 k €	+288%	-4,4 k €	-134%	13,2 k €	+44.3%	9,2 k €	+47.1%	6,2 k €	+0.1%	6,2 k €	+418%	-2 k €	-129%	6,9 k €	+946%	656 €	-79.1%	3,1 k €	+57.2%	2 k €
Balance sheet
Equity	132,5 k €	+13.0%	117,3 k €	+3.6%	113,2 k €	+4.0%	108,8 k €	+5.7%	102,9 k €	-4.9%	108,2 k €	+2.2%	105,9 k €	+2.4%	103,4 k €	+5.5%	98 k €	-4.3%	102,5 k €	+14.8%	89,2 k €	+11.5%	80,1 k €	+8.4%	73,8 k €	+9.2%	67,6 k €	-2.8%	69,5 k €	+10.9%	62,7 k €	+1.1%	62 k €	+5.3%	58,9 k €
Total assets	173,3 k €	+1.2%	171,3 k €	-19.5%	212,9 k €	-14.6%	249,1 k €	-1.9%	254 k €	-24.5%	336,4 k €	+140%	140 k €	+7.4%	130,3 k €	+14.5%	113,8 k €	-19.7%	141,8 k €	-7.8%	153,8 k €	+42.2%	108,1 k €	+5.5%	102,5 k €	+24.6%	82,3 k €	-10.2%	91,6 k €	+45.5%	63 k €	+0.5%	62,7 k €	-0.4%	62,9 k €
Cash	3,4 k €	-11.1%	3,9 k €	+36.4%	2,8 k €	-40.1%	4,8 k €	-67.7%	14,7 k €	-40.8%	24,8 k €	+19.1%	20,8 k €	+1364%	1,4 k €	-97.3%	53,3 k €	+4.4%	51,1 k €	+148%	20,6 k €	-12.6%	23,6 k €	+229%	7,2 k €	+140%	3 k €	+120%	1,4 k €	-79.7%	6,7 k €	+63.1%	4,1 k €	+15.7%	3,5 k €
Debts	40,9 k €	-24.4%	54,1 k €	-45.8%	99,7 k €	-29.0%	140,3 k €	-7.1%	151,1 k €	-33.8%	228,1 k €	+569%	34,1 k €	+26.5%	26,9 k €	+70.7%	15,8 k €	-59.8%	39,3 k €	-39.1%	64,5 k €	+130%	28,1 k €	-2.0%	28,6 k €	+95.2%	14,7 k €	-33.6%	22,1 k €	+7417%	294 €	-55.6%	662 €	-83.7%	4,1 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		0,1 ETP	-88.9%	0,9 ETP	0.0%	0,9 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 30/06/2025 · 2 active · 19 ended

Active mandates

ANNE QUIEVY

Managing director · since 21 décembre 2023 · until 08 décembre 2029

Active

MICHEL NIEZEN

Managing director · since 21 décembre 2023 · until 08 décembre 2029

Active

Ended mandates

ANNE QUIEVY

Managing director · since 09 décembre 2023 · until 09 décembre 2029

Ended

MICHEL NIEZEN

Managing director · since 09 décembre 2023 · until 09 décembre 2029

Ended

ANNE QUIEVY

Director · since 10 décembre 2016 · until 10 décembre 2022

Ended

ANNE QUIEVY

Managing director · since 10 décembre 2016 · until 10 décembre 2022

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/02/2026	21/02/2025	31/01/2024	02/02/2023	03/02/2022	20/02/2021
General meeting	13/12/2025	14/12/2024	09/12/2023	10/12/2022	11/12/2021	12/12/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	13/12/2025	23/02/2026	French	PDF
Micro model	30/06/2024	14/12/2024	21/02/2025	French	PDF
Micro model	30/06/2023	09/12/2023	31/01/2024	French	PDF
Micro model	30/06/2022	10/12/2022	02/02/2023	French	PDF
Abridged model	30/06/2021	11/12/2021	03/02/2022	French	PDF
Abridged model	30/06/2020	12/12/2020	20/02/2021	French	PDF
Micro model	30/06/2019	14/12/2019	13/01/2020	French	PDF
Abridged model	30/06/2018	08/12/2018	07/01/2019	French	PDF
Abridged model	30/06/2017	09/12/2017	10/01/2018	French	PDF
Abridged model	30/06/2016	10/12/2016	01/02/2017	French	PDF
Abridged model	30/06/2015	12/12/2015	03/02/2016	French	PDF
Abridged model	30/06/2014	13/12/2014	14/04/2015	French	PDF
Abridged model	30/06/2013	31/10/2013	02/12/2013	French	PDF
Abridged model	30/06/2012	08/12/2012	07/02/2013	French	PDF
Abridged model	30/06/2011	10/12/2011	31/01/2012	French	PDF
Abridged model	30/06/2010	09/09/2010	18/11/2010	French	PDF
Abridged model	30/06/2009	10/09/2009	20/11/2009	French	PDF
Abridged model	30/06/2008	11/09/2008	23/02/2009	French	PDF
Abridged model	30/06/2007	13/09/2007	12/11/2007	French	PDF

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 30/06/2025 · 2 active · 19 ended

Active mandates

ANNE QUIEVY

Managing director · since 21 décembre 2023 · until 08 décembre 2029

Active

MICHEL NIEZEN

Managing director · since 21 décembre 2023 · until 08 décembre 2029

Active

Ended mandates

ANNE QUIEVY

Managing director · since 09 décembre 2023 · until 09 décembre 2029

Ended

MICHEL NIEZEN

Managing director · since 09 décembre 2023 · until 09 décembre 2029

Ended

ANNE QUIEVY

Director · since 10 décembre 2016 · until 10 décembre 2022

Ended

ANNE QUIEVY

Managing director · since 10 décembre 2016 · until 10 décembre 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/01/2024
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office19/11/2019
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
PDF
Mandates03/05/2017
DEMISSIONS, NOMINATIONS
PDF
Capital / shares19/04/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates11/10/2010
BENAMING - 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 202515,2 k €↑
2024
Annual accounts 20244,1 k €↓
2023
Annual accounts 20234,4 k €↓
2022
Annual accounts 20225,9 k €↑
2021
Annual accounts 2021-5,3 k €↓
2020
Annual accounts 20202,4 k €↓
2019
Annual accounts 20192,5 k €↓
2018
Annual accounts 20188,4 k €↑
2017
Annual accounts 2017-4,4 k €↓
2016
Annual accounts 201613,2 k €↑
2015
Annual accounts 20159,2 k €↑
2014
Annual accounts 20146,2 k €↑
2013
Annual accounts 20136,2 k €↑
2012
Annual accounts 2012-2 k €↓
2011
Annual accounts 20116,9 k €↑
2010
Annual accounts 2010656 €↓
2009
Annual accounts 20093,1 k €↑
2008
Annual accounts 20082 k €
26/06/1997
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

SIRECO

Overview

What does SIRECO do?

Trend over 18 financial years

Indicative valuation

Board of directors

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