ACTIVE

Silsburg Development

Financial year 2025 · closed on 31/12/2025
Net result
-18,4 k €
-100.9% YoY
Gross margin
-15,9 k €
-133.5% YoY
Equity
972,4 k €
+51.7% YoY

What does Silsburg Development do?

Silsburg Development is a Public limited company incorporated in 2023. Its main activity is: Development of building projects. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0803.099.226
Incorporation
23/06/2023
Legal form
Public limited company
Registered office
Foreestelaan 86 box 201
9000 Gent · FlandreSee on map
Contributed capital
1 000 000,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidity
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20252024
Income statement
Gross margin-15,9 k €-6,8 k €
EBITDA-17 k €-7,6 k €
Operating result-17 k €-7,6 k €
Net result-18,4 k €-9,2 k €
Balance sheet
Equity972,4 k €640,8 k €
Total assets1,3 M €1,2 M €
Cash34,4 k €95,7 k €
Debts351,6 k €525,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active

Active mandates

BRACODEV

Director · since 19 juin 2023 · until 01 juin 2029 · 0518.932.677

Represented by Laurens Brantegem

Active
HENNIA

Director · since 19 juin 2023 · until 01 juin 2029 · 0873.248.240

Represented by Christine Vermeersch

Active
HLSC

Director · since 19 juin 2023 · until 01 juin 2029 · 0728.603.523

Represented by Henk Cardon

Active
Real Value Management

Director · since 19 juin 2023 · until 01 juin 2029 · 0546.653.297

Represented by Rikkert Leeman

Active
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Annual accounts

Full financial information

20252024
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202519/06/2023
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months19 months
Filing date08/06/202610/06/2025
General meeting05/06/202606/06/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202608/06/2026DutchPDF
Abridged model31/12/202406/06/202510/06/2025DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 4 active

Active mandates

BRACODEV

Director · since 19 juin 2023 · until 01 juin 2029 · 0518.932.677

Represented by Laurens Brantegem

Active
HENNIA

Director · since 19 juin 2023 · until 01 juin 2029 · 0873.248.240

Represented by Christine Vermeersch

Active
HLSC

Director · since 19 juin 2023 · until 01 juin 2029 · 0728.603.523

Represented by Henk Cardon

Active
Real Value Management

Director · since 19 juin 2023 · until 01 juin 2029 · 0546.653.297

Represented by Rikkert Leeman

Active
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other27/06/2023
    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 2025-18,4 k €
  2. 2024
    Annual accounts 2024-9,2 k €
  3. 23/06/2023
    IncorporationPublic limited company