ACTIVE

SYGE

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Financial year 2025 · closed on 30/09/2025

Net result

149,1 k €

+3.9% YoY

Gross margin

498,6 k €

+9.4% YoY

Equity

696,6 k €

+13.6% YoY

What does SYGE do?

SYGE is a Private limited company incorporated in 2003. Its main activity is: Growing of vegetables and melons, roots and tubers. Its registered office is in Sint-Truiden.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0862.093.240

Incorporation

09/12/2003

Legal form

Private limited company

Registered office

Tongersesteenweg 401
3800 Sint-Truiden · FlandreSee on map

Contributed capital

56 000,00 €

Latest accounts

30/09/2025

Activities (NACE)

01130Growing of vegetables and melons, roots and tubers· main 01240Growing of pome fruits and stone fruits 01240Growing of pome fruits and stone fruits

Joint committees (3)

145
14505
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	498,6 k €	+9.4%	455,9 k €	+32.5%	344,2 k €	-5.3%	363,6 k €	+57.4%	231 k €	+13.0%	204,5 k €	+28.6%	159 k €	+8.4%	146,7 k €	+63.2%	89,9 k €	-67.0%	272,3 k €	-9.7%	301,5 k €	-0.0%	301,5 k €	+11.1%	271,3 k €	-5.4%	286,9 k €	+12.6%	254,8 k €
EBITDA	282,6 k €	+6.6%	265 k €	+79.4%	147,7 k €	-12.5%	168,9 k €	+32.0%	127,9 k €	+19.9%	106,7 k €	+37.6%	77,5 k €	-16.0%	92,3 k €	+68.8%	54,7 k €	-36.3%	85,8 k €	+3.2%	83,1 k €	-22.3%	106,9 k €	+19.2%	89,7 k €	-3.2%	92,6 k €	-21.1%	117,4 k €
Operating result	216 k €	+4.8%	206,2 k €	+165%	77,7 k €	-24.8%	103,4 k €	+63.2%	63,3 k €	+34.2%	47,2 k €	+192%	16,2 k €	-45.2%	29,5 k €	+490%	-7,6 k €	-137%	20,4 k €	-25.3%	27,4 k €	-52.8%	58 k €	+47.9%	39,2 k €	+1.6%	38,5 k €	-45.9%	71,3 k €
Net result	149,1 k €	+3.9%	143,5 k €	+176%	52 k €	-28.9%	73,2 k €	+81.3%	40,4 k €	+62.9%	24,8 k €	+485%	4,2 k €	-86.7%	31,8 k €	+201%	-31,5 k €	-451%	-5,7 k €	-305%	2,8 k €	-88.3%	23,8 k €	+10.0%	21,6 k €	+72.1%	12,6 k €	-72.7%	46 k €
Balance sheet
Equity	696,6 k €	+13.6%	613,3 k €	+7.6%	569,8 k €	+10.1%	517,7 k €	+118%	237,9 k €	+20.4%	197,5 k €	+14.4%	172,7 k €	+2.5%	168,5 k €	+23.3%	136,7 k €	-18.8%	168,2 k €	-3.3%	173,9 k €	+1.6%	171,2 k €	+16.1%	147,4 k €	+17.2%	125,8 k €	+11.1%	113,2 k €
Total assets	865,2 k €	+4.8%	825,9 k €	-0.5%	830,2 k €	+4.2%	796,5 k €	+38.2%	576,4 k €	-1.4%	584,6 k €	-8.6%	639,4 k €	-6.4%	683,5 k €	-2.8%	703,5 k €	-13.7%	815,2 k €	+14.7%	710,5 k €	+22.4%	580,4 k €	-0.4%	582,5 k €	-4.2%	607,9 k €	+1.7%	597,8 k €
Cash	158,6 k €	-30.9%	229,4 k €	-8.8%	251,6 k €	+122%	113,5 k €	+5.7%	107,5 k €	-3.1%	110,9 k €	+46.3%	75,8 k €	+2.2%	74,2 k €	+472%	13 k €	-88.5%	112,6 k €	+49.9%	75,1 k €	-34.2%	114,1 k €	+19.2%	95,7 k €	-19.1%	118,4 k €	+8.9%	108,7 k €
Debts	168,5 k €	-20.7%	212,6 k €	-18.4%	260,4 k €	-6.6%	278,8 k €	-17.6%	338,5 k €	-12.6%	387,1 k €	-17.1%	466,7 k €	-9.4%	515 k €	-9.1%	566,9 k €	-12.2%	645,5 k €	+20.8%	534,1 k €	+31.3%	406,9 k €	-6.1%	433,2 k €	-9.9%	480,6 k €	-0.8%	484,6 k €
Other
Workforce	–		–		–		–		–		3,2 ETP	+33.3%	2,4 ETP	+26.3%	1,9 ETP	+58.3%	1,2 ETP	-81.0%	6,3 ETP	-8.7%	6,9 ETP	+3.0%	6,7 ETP	+1.5%	6,6 ETP	-9.6%	7,3 ETP	+82.5%	4,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 10 ended

Active mandates

Geert Latet

Director

Active

Ended mandates

GUIDO LATET

Manager · since 01 avril 2007 · until 15 mars 2012

Ended

GUIDO LATET

Manager · since 01 avril 2007

Ended

SYLVIE STEEGEN

Manager · since 01 avril 2007

Ended

GEERT LATET

Manager · since 27 novembre 2003

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/03/2026	04/02/2025	29/02/2024	13/02/2023	10/02/2022	24/03/2021
General meeting	13/03/2026	13/01/2025	27/02/2024	02/02/2023	11/01/2022	18/03/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	13/03/2026	16/03/2026	Dutch	PDF
Micro model	30/09/2024	13/01/2025	04/02/2025	Dutch	PDF
Micro model	30/09/2023	27/02/2024	29/02/2024	Dutch	PDF
Micro model	30/09/2022	02/02/2023	13/02/2023	Dutch	PDF
Micro model	30/09/2021	11/01/2022	10/02/2022	Dutch	PDF
Micro model	30/09/2020	18/03/2021	24/03/2021	Dutch	PDF
Micro model	30/09/2019	19/03/2020	20/03/2020	Dutch	PDF
Micro model	30/09/2018	21/03/2019	22/03/2019	Dutch	PDF
Micro model	30/09/2017	15/03/2018	21/03/2018	Dutch	PDF
Abridged model	30/09/2016	16/03/2017	16/03/2017	Dutch	PDF
Abridged model	30/09/2015	17/03/2016	18/03/2016	Dutch	PDF
Abridged model	30/09/2014	19/03/2015	30/03/2015	Dutch	PDF
Abridged model	30/09/2013	20/03/2014	28/04/2014	Dutch	PDF
Abridged model	30/09/2012	21/03/2013	24/04/2013	Dutch	PDF
Abridged model	30/09/2011	15/03/2012	29/03/2012	Dutch	PDF
Abridged model	30/09/2010	17/03/2011	30/03/2011	Dutch	PDF
Abridged model	30/09/2009	18/03/2010	07/04/2010	Dutch	PDF
Abridged model	30/09/2008	19/03/2009	26/03/2009	Dutch	PDF
Abridged model	30/09/2007	20/03/2008	07/04/2008	Dutch	PDF
Abridged model	30/09/2006	15/03/2007	22/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 30/09/2025 · 1 active · 10 ended

Active mandates

Geert Latet

Director

Active

Ended mandates

GUIDO LATET

Manager · since 01 avril 2007 · until 15 mars 2012

Ended

GUIDO LATET

Manager · since 01 avril 2007

Ended

SYLVIE STEEGEN

Manager · since 01 avril 2007

Ended

GEERT LATET

Manager · since 27 novembre 2003

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/02/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/12/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/04/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/09/2007
ONTSLAGEN - BENOEMINGEN
PDF
Other16/12/2003
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 2025149,1 k €↑
2024
Annual accounts 2024143,5 k €↑
2023
Annual accounts 202352 k €↓
2022
Annual accounts 202273,2 k €↑
2017
Annual accounts 201740,4 k €↑
2016
Annual accounts 201624,8 k €↑
2015
Annual accounts 20154,2 k €↓
2014
Annual accounts 201431,8 k €↑
2013
Annual accounts 2013-31,5 k €↓
2012
Annual accounts 2012-5,7 k €↓
2011
Annual accounts 20112,8 k €↓
2010
Annual accounts 201023,8 k €↑
2009
Annual accounts 200921,6 k €↑
2008
Annual accounts 200812,6 k €↓
2007
Annual accounts 200746 k €
09/12/2003
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

SYGE

Overview

What does SYGE do?

Trend over 15 financial years

Indicative valuation

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