ACTIVE

SINENCO

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Financial year 2025 · closed on 30/09/2025
Net result
74,4 k €
+230.3% YoY
Gross margin
125,5 k €
+2810.1% YoY
Equity
510,4 k €
+17.1% YoY

What does SINENCO do?

SINENCO is a Private limited company incorporated in 2013. Its main activity is: Activities of holding companies. Its registered office is in Wevelgem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0541.588.612
Incorporation
31/10/2013
Legal form
Private limited company
Registered office
Tuinstraat 12
8560 Wevelgem · FlandreSee on map
Contributed capital
59 840,84 €
Latest accounts
30/09/2025
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies42990Construction of other civil engineering projects n.e.c.42990Construction of other civil engineering projects n.e.c.70200Management consultancy activities70220Business and other management consultancy activities
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin125,5 k €4,3 k €37,7 k €82,7 k €89,9 k €78 k €32,2 k €-10 k €18,3 k €588,6 €-14,6 k €8,7 k €
EBITDA117,9 k €-11,6 k €27,7 k €79,6 k €85,3 k €73,4 k €30,1 k €-11 k €16,9 k €-248,4 €-16,2 k €7,9 k €
Operating result108,4 k €-20,9 k €20,2 k €79,2 k €85 k €72,8 k €29,7 k €-11,2 k €16,5 k €-354,6 €-16,8 k €4,3 k €
Net result74,4 k €-57 k €247,4 k €28,5 k €50 k €41,7 k €26,9 k €-31,2 k €-3,4 k €-1,9 k €8,2 k €3,2 k €
Balance sheet
Equity510,4 k €436,1 k €493,1 k €128,2 k €99,7 k €49,6 k €7,9 k €-18,9 k €12,3 k €15,7 k €17,6 k €9,4 k €
Total assets2,2 M €2,9 M €2 M €2,5 M €2 M €1,4 M €1,2 M €495 k €525,7 k €500,7 k €518,8 k €500,7 k €
Cash62,5 k €38,3 k €137,8 k €18,9 k €41 k €65,7 k €7,4 k €2,7 k €2,3 k €5,6 k €2,1 k €1,5 k €
Debts1,3 M €2,4 M €1,5 M €2,4 M €1,9 M €1,4 M €1,2 M €513,9 k €513,3 k €484,7 k €501,1 k €491,1 k €
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 30/09/2025 · 1 active · 8 ended

Active mandates

Kurt Sinnesael

Director · since 31 octobre 2019

Active

Ended mandates

Arne Sinnesael

Director · until 31 octobre 2019

Ended
Arne Sinnesael

Director

Ended
Arne Sinnesael

Manager

Ended
Jens Sinnesael

Director · until 31 octobre 2020

Ended
At this address

Other companies at this address

CompanyCBE no.
DUWO-SINNESAEL● Active
0463.162.033
KURTJO● Active
0568.900.941
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/04/202625/04/202530/04/202424/04/202328/04/202230/04/2021
General meeting06/02/202607/02/202502/02/202403/02/202304/02/202205/02/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202506/02/202602/04/2026DutchPDF
Micro model30/09/202407/02/202525/04/2025DutchPDF
Micro model30/09/202302/02/202430/04/2024DutchPDF
Micro model30/09/202203/02/202324/04/2023DutchPDF
Micro model30/09/202104/02/202228/04/2022DutchPDF
Micro model30/09/202005/02/202130/04/2021DutchPDF
Micro model30/09/201907/02/202028/04/2020DutchPDF
Abridged model30/09/201801/02/201902/04/2019DutchPDF
Abridged model30/09/201702/02/201826/04/2018DutchPDF
Abridged model30/09/201603/02/201702/05/2017DutchPDF
Abridged model30/09/201505/02/201625/03/2016DutchPDF
Abridged model30/09/201406/02/201503/04/2015DutchPDF
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 30/09/2025 · 1 active · 8 ended

Active mandates

Kurt Sinnesael

Director · since 31 octobre 2019

Active

Ended mandates

Arne Sinnesael

Director · until 31 octobre 2019

Ended
Arne Sinnesael

Director

Ended
Arne Sinnesael

Manager

Ended
Jens Sinnesael

Director · until 31 octobre 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring28/09/2023
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring06/06/2023
    WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates26/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/05/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/10/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/11/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/11/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202574,4 k €↑
  2. 2024
    Annual accounts 2024-57 k €↓
  3. 2023
    Annual accounts 2023247,4 k €↑
  4. 2022
    Annual accounts 202228,5 k €↓
  5. 2021
    Annual accounts 202150 k €↑
  6. 2020
    Annual accounts 202041,7 k €↑
  7. 2019
    Annual accounts 201926,9 k €↑
  8. 2018
    Annual accounts 2018-31,2 k €↓
  9. 2017
    Annual accounts 2017-3,4 k €↓
  10. 2016
    Annual accounts 2016-1,9 k €↓
  11. 2015
    Annual accounts 20158,2 k €↑
  12. 2014
    Annual accounts 20143,2 k €
  13. 31/10/2013
    IncorporationPrivate limited company