ACTIVE

SITHO

Financial year 2025 · closed on 31/12/2025
Net result
155 €
-94.1% YoY
Gross margin
68,7 k €
-6.7% YoY
Equity
92,4 k €
+0.2% YoY
Workforce
0,8 ETP
0.0% YoY

What does SITHO do?

SITHO is a Private limited company incorporated in 2017. Its main activity is: Agents specialised in the sale of other particular products. Its registered office is in Harelbeke. It employs on average 0,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0679.518.553
Incorporation
02/08/2017
Legal form
Private limited company
Registered office
Kortrijksesteenweg 387
8530 Harelbeke · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
0,8 ETP
Joint committees (3)
  • 200
  • 2000
  • 20000
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120192018
Income statement
Gross margin68,7 k €73,6 k €85,9 k €62,3 k €53,8 k €138,5 k €39,9 k €
EBITDA10,9 k €15,7 k €29,1 k €10,9 k €5,1 k €85,3 k €-2,7 k €
Operating result4,5 k €8,4 k €21,1 k €3,7 k €-920,2 €75 k €-3,8 k €
Net result155 €2,6 k €11,4 k €28,7 €-3,7 k €51,1 k €-4 k €
Balance sheet
Equity92,4 k €92,3 k €89,6 k €78,2 k €78,2 k €53,3 k €2,2 k €
Total assets207 k €219 k €233,9 k €217,3 k €242,1 k €250,3 k €11,7 k €
Cash5,2 k €3,6 k €998,7 €497,3 €1,6 k €23,6 k €9,7 k €
Debts113,3 k €126,7 k €143,3 k €139 k €163,9 k €197 k €9,5 k €
Other
Workforce0,8 ETP0,8 ETP0,8 ETP0,8 ETP0,8 ETP0,8 ETP0,8 ETP
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 · 2 active · 5 ended

Active mandates

LUDEM

Director · since 22 novembre 2023 · 0443.018.794

Represented by Luc DEMEYERE

Active
MARIMA

Director · since 22 novembre 2023 · 0865.261.972

Represented by Stijn Rigolle

Active

Ended mandates

MARIMA

Director · since 22 novembre 2023 · 0865.261.972

Represented by Stijn RIGOLLE

Ended
MARIMA

Director · since 02 août 2017 · 0865.261.972

Represented by Rigolle Stijn

Ended
MARIMA

Director · since 28 juillet 2017 · 0865.261.972

Represented by Stijn Rigolle

Ended
MARIMA

Director · 0865.261.972

Represented by Stijn Rigolle

Ended
At this address

Other companies at this address

CompanyCBE no.
2 CLEVERActive
0790.476.358
CleverNettActive
1020.784.844
0679.518.256
EARTH FINANCEActive
0732.754.133
0742.970.510
ENBROActive
0540.921.389
GAELE XLActive
0778.540.509
SparkiActive
0781.569.085
SPARKIActive
0798.269.616
0680.547.149
YOLKActive
0728.476.730
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date28/05/202625/07/202524/07/202426/07/202329/08/202220/07/2021
General meeting26/05/202630/06/202528/06/202430/06/202331/07/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/05/202628/05/2026DutchPDF
Abridged model31/12/202430/06/202525/07/2025DutchPDF
Abridged model31/12/202328/06/202424/07/2024DutchPDF
Abridged model31/12/202230/06/202326/07/2023DutchPDF
Abridged model31/12/202131/07/202229/08/2022DutchPDF
Abridged model31/12/202025/06/202120/07/2021DutchPDF
Abridged model31/12/201926/06/202027/07/2020DutchPDF
Abridged model31/12/201828/06/201925/07/2019DutchPDF
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 · 2 active · 5 ended

Active mandates

LUDEM

Director · since 22 novembre 2023 · 0443.018.794

Represented by Luc DEMEYERE

Active
MARIMA

Director · since 22 novembre 2023 · 0865.261.972

Represented by Stijn Rigolle

Active

Ended mandates

MARIMA

Director · since 22 novembre 2023 · 0865.261.972

Represented by Stijn RIGOLLE

Ended
MARIMA

Director · since 02 août 2017 · 0865.261.972

Represented by Rigolle Stijn

Ended
MARIMA

Director · since 28 juillet 2017 · 0865.261.972

Represented by Stijn Rigolle

Ended
MARIMA

Director · 0865.261.972

Represented by Stijn Rigolle

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office22/03/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other04/08/2017
    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 2025155 €
  2. 2024
    Annual accounts 20242,6 k €
  3. 2023
    Annual accounts 202311,4 k €
  4. 2022
    Annual accounts 202228,7 €
  5. 2021
    Annual accounts 2021-3,7 k €
  6. 2019
    Annual accounts 201951,1 k €
  7. 2018
    Annual accounts 2018-4 k €
  8. 02/08/2017
    IncorporationPrivate limited company