ACTIVE

SICORP

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Financial year 2025 · closed on 31/12/2025

Net result

194,3 k €

-99.4% YoY

Revenue

51,4 k €

-71.6% YoY

Equity

525 M €

+0.0% YoY

Workforce

0,8 ETP

0.0% YoY

What does SICORP do?

SICORP is a Public limited company incorporated in 1999. Its registered office is in Ardooie. It employs on average 0,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0468.934.622

Incorporation

28/12/1999

Legal form

Public limited company

Registered office

Fabriekstraat 23
8850 Ardooie · FlandreSee on map

Contributed capital

496 603 304,53 €

Latest accounts

31/12/2025

Average workforce

0,8 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskPositive cashflowHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Revenue	51,4 k €	-71.6%	181,4 k €	-39.3%	298,7 k €	+93.1%	154,7 k €	-14.5%	180,9 k €	+70.5%	106,1 k €	+0.1%	106 k €	-21.8%	135,5 k €	-27.8%	187,6 k €	-12.3%	213,9 k €	+2.0%	209,7 k €	+10.6%	189,5 k €	-14.2%	220,8 k €	+16.9%	188,8 k €	+12.2%	168,3 k €
EBITDA	-94,8 k €	-109%	1 M €	+929%	101,1 k €	+126%	44,8 k €	-61.5%	116,2 k €	-99.0%	11,3 M €	+14908%	-76,5 k €	-497%	-12,8 k €	-254%	8,3 k €	+106%	-142,2 k €	-4.2%	-136,5 k €	+8.4%	-149,1 k €	-84.0%	-81 k €	+49.8%	-161,3 k €	-18.0%	-136,7 k €
Operating result	-301,5 k €	-147%	639,5 k €	+311%	-303,3 k €	+15.0%	-356,6 k €	-25.8%	-283,5 k €	-103%	10,9 M €	+3582%	-313,9 k €	-2329%	-12,9 k €	-257%	8,2 k €	+101%	-677,5 k €	-0.8%	-671,8 k €	+1.8%	-684,3 k €	-11.0%	-616,2 k €	+11.5%	-696,5 k €	-410%	-136,7 k €
Net result	194,3 k €	-99.4%	32 M €	-2.2%	32,8 M €	-54.0%	71,2 M €	+1768%	3,8 M €	-64.7%	10,8 M €	+41.8%	7,6 M €	+117%	-43,9 M €	-453%	12,4 M €	+52.7%	8,1 M €	+81.6%	4,5 M €	+33.4%	3,4 M €	+647%	449,3 k €	+553%	68,8 k €	-66.1%	203,1 k €
Balance sheet
Equity	525 M €	+0.0%	524,8 M €	-0.2%	526 M €	+0.6%	522,6 M €	+5.2%	496,7 M €	+1.2%	490,8 M €	+2.3%	480 M €	+1.6%	472,4 M €	-8.5%	516,2 M €	+1.0%	511,3 M €	+1.0%	506,2 M €	+0.0%	506 M €	+0.7%	502,7 M €	+1.5%	495,4 M €	+0.0%	495,3 M €
Total assets	558,3 M €	+0.0%	558,1 M €	+0.5%	555,5 M €	-4.2%	580,1 M €	+14.1%	508,3 M €	+1.8%	499,2 M €	+2.8%	485,5 M €	+1.2%	479,7 M €	-8.6%	524,8 M €	+0.1%	524,5 M €	+0.2%	523,4 M €	+0.6%	520,2 M €	+0.1%	519,9 M €	+0.3%	518,3 M €	-0.3%	519,7 M €
Cash	369,7 k €	+23.5%	299,4 k €	-43.0%	525,6 k €	-11.2%	591,9 k €	-64.7%	1,7 M €	-6.8%	1,8 M €	+14.0%	1,6 M €	-85.7%	11 M €	+182%	3,9 M €	+316%	937,8 k €	+2178%	41,2 k €	-33.2%	61,7 k €	-78.5%	286,3 k €	-73.7%	1,1 M €	+2207%	47,2 k €
Debts	33,3 M €	-0.0%	33,3 M €	+12.9%	29,5 M €	-48.7%	57,5 M €	+397%	11,6 M €	+36.9%	8,4 M €	+51.5%	5,6 M €	-24.1%	7,3 M €	-14.8%	8,6 M €	-34.7%	13,2 M €	-23.3%	17,2 M €	+21.1%	14,2 M €	-17.6%	17,3 M €	-24.8%	23 M €	-6.1%	24,5 M €
Other
Workforce	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	-20.0%	1,0 ETP	0.0%	1,0 ETP	-44.4%	1,8 ETP	-55.0%	4,0 ETP	0.0%	4,0 ETP	0.0%	4,0 ETP	+5.3%	3,8 ETP	+2.7%	3,7 ETP	-2.6%	3,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 13 ended

Active mandates

Daniëlle Sioen

Director · since 05 février 2020 · until 13 juin 2031

Active

Michèle Sioen

Director · since 05 février 2020 · until 13 juin 2031

Active

Pascale Sioen

Director · since 05 février 2020 · until 13 juin 2031

Active

Ended mandates

Danielle Sioen

Director · since 05 février 2020 · until 12 décembre 2025

Ended

Michèle Sioen

Director · since 05 février 2020 · until 12 décembre 2025

Ended

Pascale Sioen

Director · since 05 février 2020 · until 12 décembre 2025

Ended

Danielle Parein-Sioen

Director · since 14 décembre 2012 · until 14 décembre 2018

Ended

At this address

Other companies at this address

Company	CBE no.
Jack & Co● Active	0723.619.802
MULTIPROFESSIONEEL ARCHITECTENBUREAU VERBA● Active	0471.390.306
SIHOLD● Active	0458.793.469
SIOEN● Active	0478.652.141
SIOEN CONSOLIDATIE● Active	0894.347.225
SIOEN INDUSTRIES● Active	0441.642.780
SSC-ARMI● Active	0787.161.730

Annual accounts

Full financial information

	2025	2025	2024	2024	2023	2023
Type of account	Full model	Full model	m120-f-p	Full model	m120-f-p	Full model
Start of the financial year	01/07/2025	01/07/2024	01/01/2024	01/07/2023	01/01/2023	01/07/2022
Closing of the financial year	31/12/2025	30/06/2025	31/12/2024	30/06/2024	31/12/2023	30/06/2023
Length of the financial year	6 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/07/2026	29/01/2026	06/10/2025	30/01/2025	21/10/2024	26/01/2024
General meeting	10/07/2026	16/01/2026	01/10/2025	28/01/2025	04/10/2024	08/12/2023
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

40 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	10/07/2026	16/07/2026	Dutch	PDF
Full model	30/06/2025	16/01/2026	29/01/2026	Dutch	PDF
m120-f-p	31/12/2024	01/10/2025	06/10/2025	Dutch	PDF
Full model	30/06/2024	28/01/2025	30/01/2025	Dutch	PDF
m120-f-p	31/12/2023	04/10/2024	21/10/2024	Dutch	PDF
Full model	30/06/2023	08/12/2023	26/01/2024	Dutch	PDF
m120-f-p	31/12/2022	26/10/2023	23/11/2023	Dutch	PDF
Full model	30/06/2022	09/12/2022	27/01/2023	Dutch	PDF
m120-f-p	31/12/2021	10/11/2022	15/11/2022	Dutch	PDF
Full model	30/06/2021	31/12/2021	25/01/2022	Dutch	PDF
m120-f-p	31/12/2020	10/12/2021	17/12/2021	Dutch	PDF
Full model	30/06/2020	31/12/2020	29/01/2021	Dutch	PDF
m120-f-p	31/12/2019	10/12/2021	17/12/2021	Dutch	PDF
Full model	30/06/2019	16/01/2020	31/01/2020	Dutch	PDF
m120-f-p	31/12/2018	10/12/2021	21/12/2021	Dutch	PDF
Full model	30/06/2018	31/12/2018	31/01/2019	Dutch	PDF
m120-f-p	31/12/2017	09/07/2018	28/01/2019	Dutch	PDF
Full model	30/06/2017	08/12/2017	05/01/2018	Dutch	PDF
m120-f-p	31/12/2016	16/06/2017	14/07/2017	Dutch	PDF
Full model	30/06/2016	09/12/2016	04/01/2017	Dutch	PDF
m120-f-p	31/12/2015	11/07/2016	16/12/2016	Dutch	PDF
Full model	30/06/2015	11/12/2015	13/01/2016	Dutch	PDF
m120-f-p	31/12/2014	13/07/2015	30/09/2015	Dutch	PDF
Full model	30/06/2014	14/12/2014	12/01/2015	Dutch	PDF

View all 40 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 13 ended

Active mandates

Daniëlle Sioen

Director · since 05 février 2020 · until 13 juin 2031

Active

Michèle Sioen

Director · since 05 février 2020 · until 13 juin 2031

Active

Pascale Sioen

Director · since 05 février 2020 · until 13 juin 2031

Active

Ended mandates

Danielle Sioen

Director · since 05 février 2020 · until 12 décembre 2025

Ended

Michèle Sioen

Director · since 05 février 2020 · until 12 décembre 2025

Ended

Pascale Sioen

Director · since 05 février 2020 · until 12 décembre 2025

Ended

Danielle Parein-Sioen

Director · since 14 décembre 2012 · until 14 décembre 2018

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/01/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates25/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares25/05/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates28/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring09/07/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates15/05/2020
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

2025
Annual accounts 2025194,3 k €↓
24/12/2025
reconductionSIOEN Michèle — bestuurder
24/12/2025
reconductionSIOEN Daniëlle — bestuurder
24/12/2025
reconductionSIOEN Pascale — bestuurder
2025
Annual accounts 202532 M €↓
04/10/2024
reconductionDeloitte Bedrijfsrevisoren BV — consolidatiecommissaris
2024
Annual accounts 202432,8 M €↓
08/12/2023
reconductionGroupe Audit Belgium BV — commissaris
2023
Annual accounts 202371,2 M €↑
2022
Annual accounts 20223,8 M €↓
2021
Annual accounts 202110,8 M €↑
2020
Annual accounts 20207,6 M €↑
2019
Annual accounts 2019-43,9 M €↓
2018
Annual accounts 201812,4 M €↑
2017
Annual accounts 20178,1 M €↑
2016
Annual accounts 20164,5 M €↑
2015
Annual accounts 20153,4 M €↑
2014
Annual accounts 2014449,3 k €↑
2013
Annual accounts 201368,8 k €↓
2012
Annual accounts 2012203,1 k €
28/12/1999
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

SICORP

Overview

What does SICORP do?

Trend over 15 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