ACTIVE

S.I.E.

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Financial year 2025 · closed on 31/12/2025

Net result

12,4 k €

-89.4% YoY

Gross margin

161,2 k €

-37.4% YoY

Equity

693,4 k €

+1.8% YoY

Workforce

2,0 ETP

0.0% YoY

What does S.I.E. do?

S.I.E. is a Public limited company incorporated in 2011. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Tongeren-Borgloon. It employs on average 2,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0839.831.245

Incorporation

01/10/2011

Legal form

Public limited company

Registered office

Vrijheidweg 7
3700 Tongeren-Borgloon · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

2,0 ETP

Activities (NACE)

25110Manufacture of metal structures and parts of structures· main 25110Manufacture of metal structures and parts of structures

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	161,2 k €	-37.4%	257,5 k €	+765%	-38,7 k €	-121%	186,2 k €	+148%	75,2 k €	-56.9%	174,5 k €	-45.9%	322,4 k €	+77.2%	181,9 k €	-30.2%	260,7 k €	-32.6%	386,6 k €	+84.9%	209,1 k €	+20.7%	173,3 k €	-22.6%	223,8 k €	-42.5%	389,1 k €
EBITDA	112,2 k €	-47.8%	215,2 k €	+358%	-83,3 k €	-159%	141,2 k €	+388%	28,9 k €	-76.7%	124,2 k €	-17.4%	150,3 k €	-12.8%	172,4 k €	-13.9%	200,4 k €	-27.9%	277,9 k €	+105%	135,4 k €	+6.7%	126,9 k €	-22.3%	163,4 k €	-35.8%	254,4 k €
Operating result	5,4 k €	-94.6%	100,5 k €	+159%	-171,2 k €	-13476%	-1,3 k €	+98.9%	-110 k €	-660%	19,6 k €	-57.0%	45,7 k €	+29.4%	35,3 k €	+33.7%	26,4 k €	-73.1%	98 k €	+195%	33,2 k €	-30.6%	47,9 k €	-45.9%	88,5 k €	-52.2%	185,2 k €
Net result	12,4 k €	-89.4%	116,3 k €	+170%	-166,9 k €	-4341%	3,9 k €	+109%	-44,3 k €	-401%	14,7 k €	-55.4%	33 k €	+51.4%	21,8 k €	-22.5%	28,1 k €	-45.1%	51,3 k €	+103%	25,2 k €	-25.8%	34 k €	-27.0%	46,6 k €	-70.6%	158,2 k €
Balance sheet
Equity	693,4 k €	+1.8%	681,1 k €	+20.6%	564,8 k €	-22.8%	731,7 k €	+0.5%	727,8 k €	-5.7%	772,1 k €	+1.9%	757,4 k €	+4.6%	724,4 k €	+3.1%	702,6 k €	+4.2%	674,5 k €	-7.7%	730,8 k €	+3.6%	705,6 k €	+5.1%	671,6 k €	-35.5%	1 M €
Total assets	1,2 M €	-16.3%	1,4 M €	+5.5%	1,3 M €	+8.2%	1,2 M €	-3.9%	1,3 M €	+15.7%	1,1 M €	-19.3%	1,4 M €	-1.1%	1,4 M €	+1.1%	1,4 M €	-10.5%	1,5 M €	-10.6%	1,7 M €	+81.5%	946,8 k €	-3.7%	982,9 k €	-29.0%	1,4 M €
Cash	184 k €	-45.9%	339,8 k €	+35.3%	251,2 k €	+150%	100,4 k €	-56.6%	231,6 k €	-45.4%	424,1 k €	-2.4%	434,3 k €	-4.1%	452,9 k €	+9.3%	414,4 k €	+0.2%	413,5 k €	+25.4%	329,8 k €	-6.5%	352,5 k €	+361%	76,5 k €	-89.2%	708,1 k €
Debts	446,1 k €	-35.2%	688,1 k €	-8.8%	754,1 k €	+54.9%	486,7 k €	-9.5%	537,7 k €	+108%	258,7 k €	-46.6%	484,4 k €	-24.8%	644 k €	-0.9%	650,1 k €	-20.9%	822,1 k €	-16.8%	988 k €	+310%	241,2 k €	-22.5%	311,3 k €	-9.2%	343 k €
Other
Workforce	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-13.0%	2,3 ETP	-17.9%	2,8 ETP	-6.7%	3,0 ETP	-25.0%	4,0 ETP	+300%	1,0 ETP	-50.0%	2,0 ETP	-4.8%	2,1 ETP	+5.0%	2,0 ETP	0.0%	2,0 ETP	-37.5%	3,2 ETP	+6.7%	3,0 ETP

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 · 1 active · 1 ended

Active mandates

Christophe Delile

Administrator - manager · since 01 octobre 2017 · until 01 octobre 2023

Active

Ended mandates

Christophe Delile

Administrator - manager · since 01 octobre 2011 · until 01 octobre 2017

Ended

At this address

Other companies at this address

Company	CBE no.
B.C.D.● Active	0427.270.152
S.I.E. IMMO● Active	0439.130.381
SODELCO● Active	0839.831.344
SOGETRA● Active	0437.489.992

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	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/07/2026	25/07/2025	26/07/2024	30/06/2023	11/07/2022	26/07/2021
General meeting	06/06/2026	07/06/2025	01/06/2024	03/06/2023	04/06/2022	05/06/2021
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	06/06/2026	09/07/2026	Dutch	PDF
Abridged model	31/12/2024	07/06/2025	25/07/2025	French	PDF
Abridged model	31/12/2023	01/06/2024	26/07/2024	French	PDF
Abridged model	31/12/2022	03/06/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	04/06/2022	11/07/2022	Dutch	PDF
Abridged model	31/12/2020	05/06/2021	26/07/2021	French	PDF
Abridged model	31/12/2019	06/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	23/06/2019	Dutch	PDF
Abridged model	31/12/2017	02/06/2018	17/06/2018	Dutch	PDF
Abridged model	31/12/2016	03/06/2017	26/07/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	25/07/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	15/06/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	21/07/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	28/07/2013	Dutch	PDF

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 · 1 active · 1 ended

Active mandates

Christophe Delile

Administrator - manager · since 01 octobre 2017 · until 01 octobre 2023

Active

Ended mandates

Christophe Delile

Administrator - manager · since 01 octobre 2011 · until 01 octobre 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/07/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/04/2012
BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Restructuring17/11/2011
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other05/10/2011
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 202512,4 k €↓
2024
Annual accounts 2024116,3 k €↑
2023
Annual accounts 2023-166,9 k €↓
2022
Annual accounts 20223,9 k €↑
2021
Annual accounts 2021-44,3 k €↓
2021
Name changeSIE
2020
Annual accounts 202014,7 k €↓
2019
Annual accounts 201933 k €↑
2018
Annual accounts 201821,8 k €↓
2017
Annual accounts 201728,1 k €↓
2016
Annual accounts 201651,3 k €↑
2015
Annual accounts 201525,2 k €↓
2014
Annual accounts 201434 k €↓
2013
Annual accounts 201346,6 k €↓
2012
Annual accounts 2012158,2 k €
2012
Name changeS.I.E.
01/10/2011
IncorporationPublic 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

S.I.E.

Overview

What does S.I.E. do?

Trend over 14 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