NORMAL SITUATION

SINACCO

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Financial year 2025 · closed on 31/12/2025

Net result

377,5 k €

-61.9% YoY

Gross margin

1 M €

-56.7% YoY

Equity

2,2 M €

+20.8% YoY

Company — Normal situation.

Strike-off: 12 août 2026

What does SINACCO do?

SINACCO is a Private limited company incorporated in 2009.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0821.757.769

Incorporation

22/12/2009

Legal form

Private limited company

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Joint committees (2)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011
Income statement
Gross margin	1 M €	-56.7%	2,4 M €	+53.6%	1,6 M €	+66.4%	935 k €	-22.7%	1,2 M €	+80.0%	671,6 k €	+2.3%	656,5 k €	+66.8%	393,6 k €	-9.4%	434,3 k €	+12.3%	386,9 k €	+74.3%	222 k €	+18.4%	187,4 k €	+35.8%	138 k €	+94.4%	71 k €	-30.2%	101,7 k €
EBITDA	608,6 k €	-61.7%	1,6 M €	+171%	586,1 k €	+85.9%	315,3 k €	-46.7%	591,1 k €	+160%	227,2 k €	-23.6%	297,6 k €	+136%	126,1 k €	-18.3%	154,4 k €	-2.7%	158,8 k €	+87.1%	84,8 k €	+8.0%	78,5 k €	+2.0%	77 k €	+15.8%	66,5 k €	-21.3%	84,6 k €
Operating result	494,4 k €	-63.5%	1,4 M €	+86.4%	727,3 k €	+201%	241,5 k €	-20.2%	302,4 k €	+95.3%	154,8 k €	-34.8%	237,6 k €	+137%	100,3 k €	-18.4%	122,9 k €	+0.1%	122,8 k €	+157%	47,7 k €	+47.4%	32,4 k €	+5.7%	30,6 k €	+24.8%	24,5 k €	+127%	10,8 k €
Net result	377,5 k €	-61.9%	991 k €	+60.7%	616,7 k €	+182%	218,6 k €	-23.0%	283,8 k €	+196%	95,9 k €	-46.9%	180,7 k €	+169%	67,3 k €	+9.4%	61,5 k €	-10.6%	68,8 k €	+242%	20,1 k €	+736%	2,4 k €	-86.4%	17,7 k €	+187%	6,2 k €	+85.6%	3,3 k €
Balance sheet
Equity	2,2 M €	+20.8%	1,8 M €	+104%	886,4 k €	+40.8%	629,7 k €	+12.2%	561,1 k €	+6.4%	527,3 k €	+7.3%	491,4 k €	+58.2%	310,7 k €	+27.6%	243,5 k €	+33.8%	182 k €	+193%	62,2 k €	+47.8%	42,1 k €	+6.1%	39,7 k €	+81.0%	21,9 k €	+39.3%	15,7 k €
Total assets	3,2 M €	+18.9%	2,7 M €	+41.8%	1,9 M €	+10.9%	1,7 M €	+0.1%	1,7 M €	+32.5%	1,3 M €	-0.1%	1,3 M €	+58.5%	819,1 k €	+14.8%	713,6 k €	+12.9%	631,8 k €	+32.5%	476,9 k €	-5.8%	506,1 k €	+2.3%	494,5 k €	-3.2%	511 k €	+18.2%	432,3 k €
Cash	2,9 k €	-99.6%	681,9 k €	+41.3%	482,7 k €	+8.1%	446,5 k €	-22.1%	572,8 k €	+109%	274 k €	+298%	68,9 k €	-56.7%	159,2 k €	+18.5%	134,4 k €	+26.8%	106 k €	+1013%	9,5 k €	+64.7%	5,8 k €	-3.4%	6 k €		–		2,1 k €
Debts	1 M €	+16.6%	880,8 k €	-13.0%	1 M €	+14.4%	885,5 k €	-18.7%	1,1 M €	+44.1%	756 k €	-0.0%	756,3 k €	+55.6%	486 k €	+7.3%	453,1 k €	+0.7%	449,8 k €	+13.8%	395,3 k €	-14.8%	464 k €	+2.0%	454,8 k €	-7.0%	489,1 k €	+17.4%	416,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		2,8 ETP	+27.3%	2,2 ETP	+83.3%	1,2 ETP		–		–

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Guy Flamand

Director · since 23 avril 2025

Active

Peter Verschelden

Director · since 23 avril 2025

Active

Ended mandates

JSAC

Director · 0766.494.988

Represented by jurgen sinnaeve

Ended

Sinnaeve Jürgen

Manager

Ended

Annual accounts

Full financial information

	2025	2025	2024	2023	2022	2021
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/12/2025	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	9 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/05/2026	09/12/2025	30/11/2024	30/04/2024	29/11/2022	30/11/2021
General meeting	16/04/2026	30/09/2025	24/09/2024	26/09/2023	27/09/2022	28/09/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	16/04/2026	22/05/2026	Dutch	PDF
Micro model	31/03/2025	30/09/2025	09/12/2025	Dutch	PDF
Micro model	31/03/2024	24/09/2024	30/11/2024	Dutch	PDF
Micro model	31/03/2023	26/09/2023	30/04/2024	Dutch	PDF
Micro model	31/03/2022	27/09/2022	29/11/2022	Dutch	PDF
Micro model	31/03/2021	28/09/2021	30/11/2021	Dutch	PDF
Micro model	31/03/2020	30/09/2020	23/12/2020	Dutch	PDF
Micro model	31/03/2019	30/09/2019	30/11/2019	Dutch	PDF
Micro model	31/03/2018	30/09/2018	30/11/2018	Dutch	PDF
Micro model	31/03/2017	30/08/2017	30/11/2017	Dutch	PDF
Abridged model	31/03/2016	25/09/2016	27/04/2017	Dutch	PDF
Abridged model	31/03/2015	26/08/2015	31/10/2015	Dutch	PDF
Abridged model	31/03/2014	26/08/2014	29/12/2014	Dutch	PDF
Abridged model	31/03/2013	29/08/2013	28/11/2013	Dutch	PDF
Abridged model	31/03/2012	28/08/2012	29/11/2012	Dutch	PDF
Abridged model	31/03/2011	31/08/2011	04/05/2012	Dutch	PDF

Estimate

Indicative valuation

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 · 2 ended

Active mandates

Guy Flamand

Director · since 23 avril 2025

Active

Peter Verschelden

Director · since 23 avril 2025

Active

Ended mandates

JSAC

Director · 0766.494.988

Represented by jurgen sinnaeve

Ended

Sinnaeve Jürgen

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring19/08/2026
GERUISLOZE FUSIE — MET FUSIE DOOR OVERNEMING GELIJKGESTELDE
PDF
Other13/05/2026
DIVERSEN
PDF
Other25/06/2025
DIVERSEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates30/05/2025
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/07/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/11/2018
MAATSCHAPPELIJKE ZETEL
PDF
Other24/11/2010
DOEL - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025377,5 k €↓
2025
Annual accounts 2025991 k €↑
2024
Annual accounts 2024616,7 k €↑
2024
Name changeSINACCO
2023
Annual accounts 2023218,6 k €↓
2022
Annual accounts 2022283,8 k €↑
2022
Name changeSINNAEVE ACCOUNTING & CONSULTING Bv o bv
2021
Annual accounts 202195,9 k €↓
2020
Annual accounts 2020180,7 k €↑
2019
Annual accounts 201967,3 k €↑
2018
Annual accounts 201861,5 k €↓
2017
Annual accounts 201768,8 k €↑
2015
Annual accounts 201520,1 k €↑
2014
Annual accounts 20142,4 k €↓
2013
Annual accounts 201317,7 k €↑
2012
Annual accounts 20126,2 k €↑
2011
Annual accounts 20113,3 k €
22/12/2009
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

SINACCO

Overview

What does SINACCO do?

Trend over 15 financial years

Board of directors

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