ACTIVE

SIOEN

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Financial year 2025 · closed on 31/12/2025

Net result

14,6 M €

-24.8% YoY

Revenue

215,2 M €

+13.2% YoY

Equity

48,9 M €

-0.8% YoY

Workforce

175,0 ETP

+3.0% YoY

What does SIOEN do?

SIOEN is a Public limited company incorporated in 2002. 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)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 5 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	215,2 M €	+13.2%	190,1 M €	-7.8%	206,1 M €	+13.5%	181,5 M €	+21.9%	148,9 M €
EBITDA	24,5 M €	+47.4%	16,6 M €	-14.9%	19,5 M €	+50.9%	12,9 M €	+61.8%	8 M €
Operating result	23,4 M €	+43.5%	16,3 M €	-0.1%	16,3 M €	+42.6%	11,5 M €	+39.0%	8,2 M €
Net result	14,6 M €	-24.8%	19,4 M €	+104%	9,5 M €	+136%	4 M €	-70.3%	13,6 M €
Balance sheet
Equity	48,9 M €	-0.8%	49,3 M €	+98.5%	24,8 M €	+2.2%	24,3 M €	-12.5%	27,7 M €
Total assets	134,1 M €	+3.2%	130 M €	+3.6%	125,4 M €	-7.2%	135,1 M €	+13.0%	119,5 M €
Cash	1,9 M €	-63.3%	5,2 M €	+9.0%	4,8 M €	+98.2%	2,4 M €	+10.0%	2,2 M €
Debts	83,9 M €	+4.8%	80,1 M €	-17.4%	96,9 M €	-7.7%	105 M €	+15.2%	91,1 M €
Other
Workforce	175,0 ETP	+3.0%	169,9 ETP	+7.3%	158,4 ETP	+4.0%	152,3 ETP	+5.3%	144,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active

Active mandates

Jean-Charles Joris

Director · since 18 septembre 2023 · until 19 mai 2026

Active

Bart VERVAECKE

Director · since 19 mai 2020 · until 19 mai 2026

Active

Danielle Parein-Sioen

Director · since 19 mai 2020 · until 19 mai 2026

Active

Michèle SIOEN

Managing director · since 19 mai 2020 · until 19 mai 2026

Active

PASCALE SIOEN

Director · since 19 mai 2020 · until 19 mai 2026

Active

At this address

Other companies at this address

Company	CBE 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

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	01/06/2026	26/05/2025	28/05/2024	06/10/2023	24/05/2022	31/05/2021
General meeting	19/05/2026	20/05/2025	21/05/2024	06/10/2023	17/05/2022	18/05/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/05/2026	01/06/2026	Dutch	PDF
Full model	31/12/2024	20/05/2025	26/05/2025	Dutch	PDF
Full model	31/12/2023	21/05/2024	28/05/2024	Dutch	PDF
Full modelCorrection	31/12/2022	06/10/2023	06/10/2023	Dutch	PDF
Full model	31/12/2022	16/05/2023	30/05/2023	Dutch	PDF
Full model	31/12/2021	17/05/2022	24/05/2022	Dutch	PDF
Full model	31/12/2020	18/05/2021	31/05/2021	Dutch	PDF
Full model	31/12/2019	19/05/2020	18/06/2020	Dutch	PDF
Full model	31/12/2018	21/05/2019	28/05/2019	Dutch	PDF
Full model	31/12/2017	15/05/2018	13/06/2018	Dutch	PDF
Full model	31/12/2016	16/05/2017	31/05/2017	Dutch	PDF
Full model	31/12/2015	17/05/2016	30/05/2016	Dutch	PDF
Full model	31/12/2014	19/05/2015	15/06/2015	Dutch	PDF
Full model	31/12/2013	20/05/2014	16/06/2014	Dutch	PDF
Full model	31/12/2012	21/05/2013	10/06/2013	Dutch	PDF
Full model	31/12/2011	15/05/2012	29/05/2012	Dutch	PDF
Full model	31/12/2010	17/05/2011	28/06/2011	Dutch	PDF
Full model	31/12/2009	18/05/2010	10/06/2010	Dutch	PDF
Full modelCorrection	31/12/2008	19/05/2009	01/10/2009	Dutch	PDF
Full model	31/12/2008	19/05/2009	22/06/2009	Dutch	PDF
Full model	31/12/2007	20/05/2008	26/06/2008	Dutch	PDF
Full model	31/12/2006	15/05/2007	26/06/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active

Active mandates

Jean-Charles Joris

Director · since 18 septembre 2023 · until 19 mai 2026

Active

Bart VERVAECKE

Director · since 19 mai 2020 · until 19 mai 2026

Active

Danielle Parein-Sioen

Director · since 19 mai 2020 · until 19 mai 2026

Active

Michèle SIOEN

Managing director · since 19 mai 2020 · until 19 mai 2026

Active

PASCALE SIOEN

Director · since 19 mai 2020 · until 19 mai 2026

Active

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

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

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

19/05/2026
reconductionMichèle Sioen — bestuurder
19/05/2026
reconductionDaniëlle Sioen — bestuurder
19/05/2026
reconductionPascale Sioen — bestuurder
19/05/2026
reconductionBart Vervaecke — bestuurder
19/05/2026
reconductionJean-Charles Joris — bestuurder
19/05/2026
reconductionKurt Dehoorne — commissaris
19/05/2026
nominationMichèle Sioen — gedelegeerd bestuurder
2025
Annual accounts 202514,6 M €↓
2024
Annual accounts 202419,4 M €↑
17/12/2024
augmentation_capitalSIOEN INDUSTRIES
2023
Annual accounts 20239,5 M €↑
18/09/2023
nominationJean-Charles Joris — bestuurder
16/05/2023
reconductionDeloitte Bedrijfsrevisoren BV — commissaris
2022
Annual accounts 20224 M €↓
2021
Annual accounts 202113,6 M €
25/10/2002
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

SIOEN

Overview

What does SIOEN do?

Trend over 5 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