ACTIVE

SICCO

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Financial year 2025 · closed on 30/06/2025

Net result

88,4 k €

-97.5% YoY

Gross margin

132,2 k €

-90.5% YoY

Equity

8,2 M €

+1.1% YoY

Workforce

0,9 ETP

+28.6% YoY

What does SICCO do?

SICCO is a Private limited company incorporated in 2009. Its main activity is: Activities of head offices. Its registered office is in Veurne. It employs on average 0,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0817.118.793

Incorporation

15/07/2009

Legal form

Private limited company

Registered office

Vaartstraat 48
8630 Veurne · FlandreSee on map

Contributed capital

3 768 600,00 €

Latest accounts

30/06/2025

Average workforce

0,9 ETP

Activities (NACE)

70100Activities of head offices· main 70100Activities of head offices 70200Management consultancy activities 70220Business and other management consultancy activities 70200Management consultancy activities 70210Public relations and communication activities+2

Joint committees (2)

200
20000

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	132,2 k €	-90.5%	1,4 M €	+280%	366,4 k €	+40.0%	261,8 k €	-1.1%	264,7 k €	+0.7%	262,9 k €		–		–		–		26,6 k €	-66.5%	79,4 k €	+465%	14 k €	+31.1%	10,7 k €
EBITDA	95,3 k €	-93.0%	1,4 M €	+300%	341,9 k €	+43.3%	238,6 k €	-9.5%	263,6 k €	+0.7%	261,8 k €	-0.7%	263,6 k €	+28.7%	204,8 k €	+264%	56,3 k €	+121%	25,5 k €	-67.7%	79 k €	+480%	13,6 k €	+42.8%	9,5 k €
Operating result	90,7 k €	-93.3%	1,4 M €	+305%	336,9 k €	+45.2%	232 k €	-9.9%	257,5 k €	+0.7%	255,7 k €	-0.7%	257,6 k €	+29.6%	198,7 k €	+295%	50,3 k €	+158%	19,4 k €	-73.5%	73,4 k €	+439%	13,6 k €	+42.8%	9,5 k €
Net result	88,4 k €	-97.5%	3,5 M €	+1673%	198,4 k €	+108%	-2,6 M €	-1272%	222,7 k €	-58.0%	530,6 k €	+121%	239,8 k €	-2.2%	245,3 k €	-79.9%	1,2 M €	+7251%	16,6 k €	-69.3%	54 k €	+377%	11,3 k €	+50.0%	7,5 k €
Balance sheet
Equity	8,2 M €	+1.1%	8,1 M €	+76.2%	4,6 M €	+3.9%	4,4 M €	-29.6%	6,3 M €	+3.7%	6,1 M €	+9.5%	5,6 M €	+4.5%	5,3 M €	+4.8%	5,1 M €	+4601%	108 k €	+18.1%	91,4 k €	+144%	37,5 k €	+43.3%	26,1 k €
Total assets	12,9 M €	-2.6%	13,3 M €	+30.6%	10,2 M €	-1.1%	10,3 M €	-22.5%	13,3 M €	+0.9%	13,1 M €	+0.4%	13,1 M €	+1.0%	13 M €	-2.1%	13,2 M €	+1960%	642,5 k €	-4.3%	671,3 k €	+54.9%	433,4 k €	+6.5%	407 k €
Cash	795,2 k €	+223%	246,1 k €	+29.9%	189,5 k €	-37.1%	301,1 k €	-32.6%	446,7 k €	+34.0%	333,3 k €	+22.0%	273,2 k €	+89.2%	144,4 k €	+164%	54,7 k €	+19.3%	45,9 k €	+92.4%	23,8 k €	-12.3%	27,2 k €	+98.1%	13,7 k €
Debts	4,7 M €	-8.5%	5,1 M €	-7.4%	5,5 M €	-4.9%	5,8 M €	-16.0%	6,9 M €	-1.4%	7 M €	-6.4%	7,5 M €	-1.5%	7,6 M €	-5.7%	8,1 M €	+1416%	533,8 k €	-7.9%	579,7 k €	+46.4%	396 k €	+4.5%	379 k €
Other
Workforce	0,9 ETP	+28.6%	0,7 ETP	0.0%	0,7 ETP	0.0%	0,7 ETP		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 3 ended

Active mandates

Sigrid Pauwelyn

Director

Active

Ended mandates

Sigrid Pauwelyn

Director · since 13 juillet 2009

Ended

Sigrid Pauwelyn

Manager · since 13 juillet 2009

Ended

Sigrid Pauwelyn

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
MK PROJECTS● Active	0541.714.712
SICCO Invest● Active	0720.661.005

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/12/2025	07/01/2025	31/01/2024	05/12/2022	06/12/2021	10/12/2020
General meeting	06/12/2025	20/12/2024	31/01/2024	03/12/2022	04/12/2021	05/12/2020
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	06/12/2025	08/12/2025	Dutch	PDF
Abridged model	30/06/2024	20/12/2024	07/01/2025	Dutch	PDF
Abridged model	30/06/2023	31/01/2024	31/01/2024	Dutch	PDF
Abridged model	30/06/2022	03/12/2022	05/12/2022	Dutch	PDF
Abridged model	30/06/2021	04/12/2021	06/12/2021	Dutch	PDF
Abridged model	30/06/2020	05/12/2020	10/12/2020	Dutch	PDF
Abridged model	30/06/2019	07/12/2019	19/12/2019	Dutch	PDF
Abridged model	30/06/2018	01/12/2018	03/12/2018	Dutch	PDF
Full model	30/06/2017	02/12/2017	11/12/2017	Dutch	PDF
Full model	30/06/2016	23/12/2016	19/01/2017	Dutch	PDF
Full model	30/06/2015	05/12/2015	22/12/2015	Dutch	PDF
Abridged model	30/06/2014	06/12/2014	22/12/2014	Dutch	PDF
Abridged model	30/06/2013	07/12/2013	22/01/2014	Dutch	PDF
Abridged model	30/06/2012	01/12/2012	21/12/2012	Dutch	PDF
Abridged model	30/06/2011	29/12/2011	10/02/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 30/06/2025 · 1 active · 3 ended

Active mandates

Sigrid Pauwelyn

Director

Active

Ended mandates

Sigrid Pauwelyn

Director · since 13 juillet 2009

Ended

Sigrid Pauwelyn

Manager · since 13 juillet 2009

Ended

Sigrid Pauwelyn

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares05/07/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - KAPITAAL - AANDELEN
PDF
Capital / shares10/02/2015
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office03/06/2013
MAATSCHAPPELIJKE ZETEL
PDF
Other28/07/2009
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

2025
Annual accounts 202588,4 k €↓
2024
Annual accounts 20243,5 M €↑
2023
Annual accounts 2023198,4 k €↑
2022
Annual accounts 2022-2,6 M €↓
2019
Annual accounts 2019222,7 k €↓
2018
Annual accounts 2018530,6 k €↑
2017
Annual accounts 2017239,8 k €↓
2016
Annual accounts 2016245,3 k €↓
2015
Annual accounts 20151,2 M €↑
2014
Annual accounts 201416,6 k €↓
2013
Annual accounts 201354 k €↑
2012
Annual accounts 201211,3 k €↑
2011
Annual accounts 20117,5 k €
15/07/2009
IncorporationPrivate 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

SICCO

Overview

What does SICCO do?

Trend over 13 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