ACTIVE

SIBADISO

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Financial year 2025 · closed on 31/12/2025

Net result

34,8 k €

-75.3% YoY

Gross margin

136,3 k €

-48.5% YoY

Equity

1,2 M €

+3.1% YoY

What does SIBADISO do?

SIBADISO is a Public limited company incorporated in 1998. Its registered office is in Blankenberge.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0462.850.148

Incorporation

10/03/1998

Legal form

Public limited company

Registered office

Franchommelaan 52 box 1°V
8370 Blankenberge · FlandreSee on map

Contributed capital

500 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	136,3 k €	-48.5%	264,9 k €	+1413%	-20,2 k €	-124%	84 k €	+71.1%	49,1 k €	-81.0%	258,4 k €	+89.3%	136,5 k €	+47.8%	92,3 k €	-10.3%	102,9 k €	-10.4%	114,8 k €	+42.5%	80,6 k €	-58.0%	191,8 k €	+33.0%	144,2 k €	-31.5%	210,7 k €	+76.6%	119,3 k €	+34.1%	89 k €	-6.2%	94,9 k €	+144%	38,9 k €	+133%	-117,8 k €	-101%	22,5 M €
EBITDA	126,7 k €	-50.4%	255,3 k €	+937%	-30,5 k €	-144%	69,6 k €	+55.9%	44,7 k €	-82.2%	251 k €	+96.1%	128 k €	+43.7%	89,1 k €	-5.2%	94 k €	-12.9%	107,8 k €	+42.8%	75,5 k €	-59.7%	187,2 k €	+48.9%	125,7 k €	-36.0%	196,3 k €	+75.1%	112,1 k €	+15.7%	96,9 k €	+18.2%	82 k €	+219%	25,7 k €	+121%	-125,3 k €	-101%	21,3 M €
Operating result	125,7 k €	-50.6%	254,4 k €	+908%	-31,5 k €	-145%	69,6 k €	+55.9%	44,7 k €	-80.8%	232,9 k €	+117%	107,3 k €	+55.4%	69 k €	-11.4%	78 k €	-25.2%	104,3 k €	+44.9%	72 k €	-61.1%	185,1 k €	+48.0%	125 k €	-35.0%	192,4 k €	+105%	93,7 k €	-2.8%	96,5 k €	+27.2%	75,8 k €	+296%	19,2 k €	+119%	-102,8 k €	-101%	17,3 M €
Net result	34,8 k €	-75.3%	140,7 k €	+196%	-146 k €	-2453%	6,2 k €	-86.1%	44,6 k €	-66.9%	134,7 k €	+403%	26,8 k €	+148%	10,8 k €	-32.8%	16,1 k €	-61.5%	41,7 k €	-13.5%	48,2 k €	-16.9%	58 k €	+19.6%	48,5 k €	-45.9%	89,7 k €	+77.9%	50,4 k €	+649%	6,7 k €	+6.4%	6,3 k €	+135%	-18 k €	-152%	34,6 k €	-99.8%	15,4 M €
Balance sheet
Equity	1,2 M €	+3.1%	1,1 M €	+14.1%	996,2 k €	-12.8%	1,1 M €	+0.5%	1,1 M €	+4.1%	1,1 M €	+14.1%	956,6 k €	+2.9%	929,8 k €	+1.2%	919 k €	+1.8%	903 k €	+4.8%	861,3 k €	+5.9%	813 k €	+7.7%	755 k €	+6.9%	706,5 k €	+14.5%	616,8 k €	+8.9%	566,4 k €	+1.2%	559,7 k €	+1.1%	553,4 k €	-3.2%	571,4 k €	-98.9%	53,7 M €
Total assets	4,7 M €	-29.0%	6,6 M €	+12.1%	5,9 M €	+21.0%	4,9 M €	-14.6%	5,7 M €	+49.6%	3,8 M €	-27.2%	5,3 M €	+8.0%	4,9 M €	-4.8%	5,1 M €	+45.3%	3,5 M €	-11.6%	4 M €	-2.0%	4,1 M €	+28.3%	3,2 M €	-4.2%	3,3 M €	-6.6%	3,5 M €	+70.8%	2,1 M €	+7.0%	1,9 M €	-9.0%	2,1 M €	+3.8%	2,1 M €	-98.9%	186,6 M €
Cash	144,7 €	-99.9%	122,1 k €	+1013%	11 k €	+388%	2,3 k €	-98.2%	125,9 k €	+135%	53,5 k €	+77.7%	30,1 k €	-95.4%	657,6 k €	+431%	123,9 k €	+9174%	1,3 k €	-99.5%	261,9 k €	+95.5%	133,9 k €	+358%	29,2 k €	-52.2%	61,2 k €	+8.2%	56,6 k €		–		104,4 k €	-10.6%	116,7 k €	+125%	51,8 k €	-97.9%	2,4 M €
Debts	3,5 M €	-35.8%	5,5 M €	+11.7%	4,9 M €	+31.3%	3,8 M €	-18.3%	4,6 M €	+72.6%	2,7 M €	-38.2%	4,3 M €	+9.3%	3,9 M €	-5.9%	4,2 M €	+60.3%	2,6 M €	-16.1%	3,1 M €	-2.2%	3,2 M €	+33.3%	2,4 M €	-6.2%	2,5 M €	-11.7%	2,9 M €	+95.8%	1,5 M €	+10.8%	1,3 M €	-13.3%	1,5 M €	+6.3%	1,4 M €	-98.9%	128,7 M €

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 31/12/2025 · 3 active · 24 ended

Active mandates

DIRK ACKE

Managing director · since 31 mai 2018

Active

STEVEN DE POURCQ

Director · since 31 mai 2018

Active

PETRA CORNELIS

Director · since 01 janvier 2018

Active

Ended mandates

DIRK ACKE

Managing director · since 31 mai 2018 · until 31 mai 2024

Ended

STEVEN DE POURCQ

Director · since 31 mai 2018 · until 31 mai 2024

Ended

PETRA CORNELIS

Director · since 01 janvier 2018 · until 30 juin 2024

Ended

ANNE MARIE ACKE

Director · since 24 mai 2012 · until 31 mai 2018

Ended

At this address

Other companies at this address

Company	CBE no.
D&D● Active	0889.096.951
FORLANA● Active	0466.184.176
REVIMA● Active	0436.928.877
Vereniging van Mede-eigenaars Residentie Commodore te Blankenberge, Franchommelaan 52● Active	0828.881.133

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	12/08/2026	29/08/2025	14/08/2024	08/08/2023	30/08/2022	30/06/2021
General meeting	15/07/2026	31/07/2025	15/07/2024	15/07/2023	01/08/2022	26/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/07/2026	12/08/2026	Dutch	PDF
Abridged model	31/12/2024	31/07/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	15/07/2024	14/08/2024	Dutch	PDF
Abridged model	31/12/2022	15/07/2023	08/08/2023	Dutch	PDF
Abridged model	31/12/2021	01/08/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	26/06/2021	30/06/2021	Dutch	PDF
Abridged model	31/12/2019	27/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	23/07/2019	Dutch	PDF
Abridged model	31/12/2017	31/05/2018	28/06/2018	Dutch	PDF
Abridged model	31/12/2016	31/05/2017	13/07/2017	Dutch	PDF
Abridged model	31/12/2015	31/05/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	27/06/2015	08/07/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	01/07/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	23/06/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	20/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	16/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	14/07/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	18/06/2008	Dutch	PDF
Abridged model	31/12/2006	23/06/2007	25/06/2007	Dutch	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 31/12/2025 · 3 active · 24 ended

Active mandates

DIRK ACKE

Managing director · since 31 mai 2018

Active

STEVEN DE POURCQ

Director · since 31 mai 2018

Active

PETRA CORNELIS

Director · since 01 janvier 2018

Active

Ended mandates

DIRK ACKE

Managing director · since 31 mai 2018 · until 31 mai 2024

Ended

STEVEN DE POURCQ

Director · since 31 mai 2018 · until 31 mai 2024

Ended

PETRA CORNELIS

Director · since 01 janvier 2018 · until 30 juin 2024

Ended

ANNE MARIE ACKE

Director · since 24 mai 2012 · until 31 mai 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/06/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/06/2010
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/11/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/05/2007
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates14/03/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/07/2004
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
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 202534,8 k €↓
2024
Annual accounts 2024140,7 k €↑
2023
Annual accounts 2023-146 k €↓
2022
Annual accounts 20226,2 k €↓
2021
Annual accounts 202144,6 k €↓
2020
Annual accounts 2020134,7 k €↑
2019
Annual accounts 201926,8 k €↑
2018
Annual accounts 201810,8 k €↓
2017
Annual accounts 201716,1 k €↓
2016
Annual accounts 201641,7 k €↓
2015
Annual accounts 201548,2 k €↓
2014
Annual accounts 201458 k €↑
2013
Annual accounts 201348,5 k €↓
2012
Annual accounts 201289,7 k €↑
2011
Annual accounts 201150,4 k €↑
2010
Annual accounts 20106,7 k €↑
2009
Annual accounts 20096,3 k €↑
2008
Annual accounts 2008-18 k €↓
2007
Annual accounts 200734,6 k €↓
2006
Annual accounts 200615,4 M €
10/03/1998
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

SIBADISO

Overview

What does SIBADISO do?

Trend over 20 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