ACTIVE

SIOEN

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Financial year 2025 · Closed on 31/12/2025

Net result14,6 M €-24,8 %over 1 year
Revenue215,2 M €+13,2 %over 1 year
Equity48,9 M €-0,8 %over 1 year
Workforce175,0 ETP+3,0 %over 1 year

Identity

Source · BCE/KBO

SIOEN is a Public limited company incorporated in 2002. Its main activity is: Manufacture of workwear. Its registered office is in Ardooie. It employs on average 175,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0478.652.141
Incorporation
25/10/2002
Legal form
Public limited company
Registered office
Fabriekstraat 23
8850 Ardooie · FlandreSee on map
Contributed capital
40 516 215,00 €
Latest accounts
31/12/2025
Average workforce
175,0 ETP
Joint committees (2)
  • 109
  • 215
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 5 financial years

20252024202320222021
Income statement
Revenue215,2 M €190,1 M €206,1 M €181,5 M €148,9 M €
EBITDA24,5 M €16,6 M €19,5 M €12,9 M €8 M €
Operating result23,4 M €16,3 M €16,3 M €11,5 M €8,2 M €
Net result14,6 M €19,4 M €9,5 M €4 M €13,6 M €
Balance sheet
Equity48,9 M €49,3 M €24,8 M €24,3 M €27,7 M €
Total assets134,1 M €130 M €125,4 M €135,1 M €119,5 M €
Cash1,9 M €5,2 M €4,8 M €2,4 M €2,2 M €
Debts83,9 M €80,1 M €96,9 M €105 M €91,1 M €
Other
Workforce175,0 ETP169,9 ETP158,4 ETP152,3 ETP144,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jean-Charles Joris
Director18/09/2023 → 19/05/2026
Bart VERVAECKE
Director19/05/2020 → 19/05/2026
Danielle Parein-Sioen
Director19/05/2020 → 19/05/2026
Michèle SIOEN
Managing director19/05/2020 → 19/05/2026
PASCALE SIOEN
Director19/05/2020 → 19/05/2026

Other companies at this address

Fabriekstraat 23 8850 Ardooie
CompanyCBE no.
Jack & Co● Active
0723.619.802
MULTIPROFESSIONEEL ARCHITECTENBUREAU VERBA● Active
0471.390.306
SICORP● Active
0468.934.622
SIHOLD● Active
0458.793.469
SIOEN CONSOLIDATIE● Active
0894.347.225
SIOEN INDUSTRIES● Active
0441.642.780
SSC-ARMI● Active
0787.161.730

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/06/202626/05/202528/05/202406/10/202324/05/202231/05/2021
General meeting19/05/202620/05/202521/05/202406/10/202317/05/202218/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/05/202601/06/2026DutchPDF
Full model31/12/202420/05/202526/05/2025DutchPDF
Full model31/12/202321/05/202428/05/2024DutchPDF
Full modelCorrection31/12/202206/10/202306/10/2023DutchPDF
Full model31/12/202216/05/202330/05/2023DutchPDF
Full model31/12/202117/05/202224/05/2022DutchPDF
Full model31/12/202018/05/202131/05/2021DutchPDF
Full model31/12/201919/05/202018/06/2020DutchPDF
Full model31/12/201821/05/201928/05/2019DutchPDF
Full model31/12/201715/05/201813/06/2018DutchPDF
Full model31/12/201616/05/201731/05/2017DutchPDF
Full model31/12/201517/05/201630/05/2016DutchPDF
Full model31/12/201419/05/201515/06/2015DutchPDF
Full model31/12/201320/05/201416/06/2014DutchPDF
Full model31/12/201221/05/201310/06/2013DutchPDF
Full model31/12/201115/05/201229/05/2012DutchPDF
Full model31/12/201017/05/201128/06/2011DutchPDF
Full model31/12/200918/05/201010/06/2010DutchPDF
Full modelCorrection31/12/200819/05/200901/10/2009DutchPDF
Full model31/12/200819/05/200922/06/2009DutchPDF
Full model31/12/200720/05/200826/06/2008DutchPDF
Full model31/12/200615/05/200726/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jean-Charles Joris
Director18/09/2023 → 19/05/2026
Bart VERVAECKE
Director19/05/2020 → 19/05/2026
Danielle Parein-Sioen
Director19/05/2020 → 19/05/2026
Michèle SIOEN
Managing director19/05/2020 → 19/05/2026
PASCALE SIOEN
Director19/05/2020 → 19/05/2026

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares17/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates16/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings5 filings
Mandates
Jean-Charles Joris
Bart VERVAECKE
Danielle Parein-Sioen
PASCALE SIOEN
Michèle SIOEN
2002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
SIOEN
Fabriekstraat 23, 8850 Ardooie
Director
Director
Director
Director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Fabriekstraat 23, 8850 ArdooieCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00135109

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
SIOENCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00135109

Events

  1. 19/05/2026
    reconductionMichèle Sioen · bestuurder
  2. 19/05/2026
    reconductionDaniëlle Sioen · bestuurder
  3. 19/05/2026
    reconductionPascale Sioen · bestuurder
  4. 19/05/2026
    reconductionBart Vervaecke · bestuurder
  5. 19/05/2026
    reconductionJean-Charles Joris · bestuurder
  6. 19/05/2026
    reconductionKurt Dehoorne · commissaris
  7. 19/05/2026
    nominationMichèle Sioen · gedelegeerd bestuurder
  8. 2025
    Annual accounts 202514,6 M €↓
  9. 2024
    Annual accounts 202419,4 M €↑
  10. 17/12/2024
    augmentation_capitalSIOEN INDUSTRIES
  11. 2023
    Annual accounts 20239,5 M €↑
  12. 18/09/2023
    nominationJean-Charles Joris · bestuurder
  13. 16/05/2023
    reconductionDeloitte Bedrijfsrevisoren BV · commissaris
  14. 2022
    Annual accounts 20224 M €↓
  15. 2021
    Annual accounts 202113,6 M €
  16. 25/10/2002
    IncorporationPublic limited company