ACTIVE

SIBAVAR

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Financial year 2025 · closed on 31/12/2025

Net result

427,8 k €

-68.5% YoY

Gross margin

1,2 M €

-44.7% YoY

Equity

2,5 M €

+20.9% YoY

Workforce

5,7 ETP

-3.4% YoY

What does SIBAVAR do?

SIBAVAR is a Private limited company incorporated in 2005. Its main activity is: Growing of citrus fruits. Its registered office is in Sint-Laureins. It employs on average 5,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0874.999.089

Incorporation

06/07/2005

Legal form

Private limited company

Registered office

Kleine Boterhoek(STL) 8
9980 Sint-Laureins · FlandreSee on map

Contributed capital

1 835 000,00 €

Latest accounts

31/12/2025

Average workforce

5,7 ETP

Activities (NACE)

01231Growing of citrus fruits· main 01461Raising of swine/pigs 01461Raising of swine/pigs 01462Raising of swine/pigs 01462Raising of swine/pigs 01232Growing of citrus fruits+4

Joint committees (6)

144
1440
1442
200
2000
218

Contacts

2 public details availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,2 M €	-44.7%	2,1 M €		–		–		–		–		–		–		–		–		–		718,4 k €	+7.0%	671,3 k €	+40.1%	479,3 k €	+107%	231,4 k €	-25.6%	310,8 k €	-30.2%	445,5 k €	+306%	109,7 k €	-49.2%	215,9 k €
EBITDA	872,3 k €	-51.7%	1,8 M €	+215%	572,7 k €	+35.3%	423,1 k €	+127%	-1,6 M €	-383%	548,4 k €	+86.3%	294,4 k €	-34.4%	448,8 k €	-35.3%	693,5 k €	+49.9%	462,7 k €	+61.9%	285,7 k €	-51.5%	589,5 k €	-0.5%	592,3 k €	+42.7%	415,1 k €	+142%	171,4 k €	-40.7%	289,3 k €	-33.1%	432,7 k €	+377%	90,6 k €	-56.1%	206,4 k €
Operating result	577,7 k €	-61.7%	1,5 M €	+348%	336,8 k €	+171%	124,2 k €	+107%	-1,9 M €	-735%	293,8 k €	+182%	104,4 k €	-32.3%	154,3 k €	-61.5%	400,5 k €	+191%	137,5 k €	+344%	-56,3 k €	-126%	219,1 k €	-27.9%	303,9 k €	+148%	122,7 k €	+428%	-37,4 k €	-135%	106,7 k €	-58.8%	259 k €	+590%	-52,9 k €	-173%	72,2 k €
Net result	427,8 k €	-68.5%	1,4 M €	+420%	261,1 k €	+510%	42,8 k €	+102%	-1,9 M €	-1028%	209,1 k €	+325%	49,2 k €	+20.1%	41 k €	-84.4%	262,7 k €	+5227%	-5,1 k €	+97.4%	-193,3 k €	-1771%	11,6 k €	-97.9%	554,7 k €	+7753%	7,1 k €	+106%	-120,7 k €	-1611%	8 k €	-94.5%	145,2 k €	+201%	-143,3 k €	-5004%	2,9 k €
Balance sheet
Equity	2,5 M €	+20.9%	2 M €	+198%	686,6 k €	+61.4%	425,5 k €	+11.2%	382,7 k €	-82.9%	2,2 M €	+10.3%	2 M €	+2.5%	2 M €	+2.1%	1,9 M €	+15.6%	1,7 M €	-0.3%	1,7 M €	-10.3%	1,9 M €	+0.6%	1,9 M €	+42.2%	1,3 M €	+0.5%	1,3 M €	+1374%	88,7 k €	+9.9%	80,7 k €	+225%	-64,5 k €	-182%	78,8 k €
Total assets	8,3 M €	-6.5%	8,9 M €	+8.3%	8,2 M €	+7.0%	7,7 M €	-8.3%	8,4 M €	-19.0%	10,3 M €	+6.6%	9,7 M €	+7.4%	9 M €	+6.4%	8,5 M €	+3.5%	8,2 M €	+1.9%	8 M €	-2.7%	8,3 M €	-1.7%	8,4 M €	+24.4%	6,8 M €	+53.2%	4,4 M €	+64.3%	2,7 M €	+5.0%	2,6 M €	+23.4%	2,1 M €	-6.3%	2,2 M €
Cash	40,9 k €	-19.0%	50,5 k €	+19.9%	42,1 k €	+93.3%	21,8 k €	-8.8%	23,9 k €	-92.6%	321,5 k €	-2.3%	328,9 k €	+1029%	29,1 k €	-90.2%	298,4 k €	+2104%	13,5 k €	-55.5%	30,4 k €	+96.6%	15,5 k €	-25.5%	20,8 k €	-69.8%	68,8 k €	+590%	10 k €	-27.3%	13,7 k €	+12162%	111,8 €	-98.7%	8,7 k €		–
Debts	5,8 M €	-12.6%	6,7 M €	-11.2%	7,5 M €	+3.8%	7,3 M €	-9.2%	8 M €	-1.3%	8,1 M €	+5.9%	7,6 M €	+8.5%	7 M €	+7.7%	6,5 M €	+0.4%	6,5 M €	+2.5%	6,4 M €	-0.4%	6,4 M €	-1.6%	6,5 M €	+19.1%	5,4 M €	+75.4%	3,1 M €	+19.6%	2,6 M €	+4.8%	2,5 M €	+15.9%	2,1 M €	+0.2%	2,1 M €
Other
Workforce	5,7 ETP	-3.4%	5,9 ETP	+3.5%	5,7 ETP	+111%	2,7 ETP	-42.6%	4,7 ETP	+135%	2,0 ETP	-4.8%	2,1 ETP	+75.0%	1,2 ETP		–		0,1 ETP	-90.0%	1,0 ETP	-72.2%	3,6 ETP	+44.0%	2,5 ETP	+38.9%	1,8 ETP	+5.9%	1,7 ETP	+467%	0,3 ETP	0.0%	0,3 ETP	-40.0%	0,5 ETP	+150%	0,2 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 31/12/2025 · 3 active · 6 ended

Active mandates

Arne Goethals

Director · since 14 avril 2025

Active

Koen Goethals

Director · since 01 décembre 2021

Active

Sandra Goethals

Director

Active

Ended mandates

KOEN GOETHALS

Manager · since 25 octobre 2011 · until 01 février 2012

Ended

SANDRA GOETHALS

Manager · since 01 juillet 2011

Ended

Koen Goethals

Director

Ended

KOEN GOETHALS

Manager · until 01 juillet 2011

Ended

At this address

Other companies at this address

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ARKO● Active	0465.601.087
KAMPELHOF● Active	0533.757.247

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Full model	Full model	Full model	Full 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	22/07/2026	18/07/2025	29/08/2024	30/08/2023	31/08/2022	28/07/2021
General meeting	12/06/2026	13/06/2025	14/06/2024	09/06/2023	10/06/2022	11/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/06/2026	22/07/2026	Dutch	PDF
Abridged model	31/12/2024	13/06/2025	18/07/2025	Dutch	PDF
Full model	31/12/2023	14/06/2024	29/08/2024	Dutch	PDF
Full model	31/12/2022	09/06/2023	30/08/2023	Dutch	PDF
Full model	31/12/2021	10/06/2022	31/08/2022	Dutch	PDF
Full model	31/12/2020	11/06/2021	28/07/2021	Dutch	PDF
Full model	31/12/2019	12/06/2020	23/07/2020	Dutch	PDF
Full model	31/12/2018	14/06/2019	17/10/2019	Dutch	PDF
Full model	30/06/2018	01/12/2018	28/02/2019	Dutch	PDF
Full model	30/06/2017	02/12/2017	12/02/2018	Dutch	PDF
Full model	30/06/2016	03/12/2016	20/01/2017	Dutch	PDF
Full model	30/06/2015	05/12/2015	04/01/2016	Dutch	PDF
Abridged model	30/06/2014	06/12/2014	16/01/2015	Dutch	PDF
Abridged model	30/06/2013	07/12/2013	18/02/2014	Dutch	PDF
Abridged model	30/06/2012	01/12/2012	21/12/2012	Dutch	PDF
Abridged model	30/06/2011	03/12/2011	23/12/2011	Dutch	PDF
Abridged model	30/06/2010	04/12/2010	23/12/2010	Dutch	PDF
Abridged model	30/06/2009	05/12/2009	14/12/2009	Dutch	PDF
Abridged model	30/06/2008	06/12/2008	22/12/2008	Dutch	PDF
Abridged model	30/06/2007	01/12/2007	21/12/2007	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 31/12/2025 · 3 active · 6 ended

Active mandates

Arne Goethals

Director · since 14 avril 2025

Active

Koen Goethals

Director · since 01 décembre 2021

Active

Sandra Goethals

Director

Active

Ended mandates

KOEN GOETHALS

Manager · since 25 octobre 2011 · until 01 février 2012

Ended

SANDRA GOETHALS

Manager · since 01 juillet 2011

Ended

Koen Goethals

Director

Ended

KOEN GOETHALS

Manager · until 01 juillet 2011

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/05/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Other07/11/2018
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BOEKJAAR
PDF
Capital / shares13/07/2017
KAPITAAL - AANDELEN
PDF
Restructuring19/02/2013
ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, 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 2025427,8 k €↓
2024
Annual accounts 20241,4 M €↑
2023
Annual accounts 2023261,1 k €↑
2022
Annual accounts 202242,8 k €↑
2021
Annual accounts 2021-1,9 M €↓
2019
Annual accounts 2019209,1 k €↑
2018
Annual accounts 201849,2 k €↑
2018
Annual accounts 201841 k €↓
2017
Annual accounts 2017262,7 k €↑
2016
Annual accounts 2016-5,1 k €↑
2015
Annual accounts 2015-193,3 k €↓
2014
Annual accounts 201411,6 k €↓
2013
Annual accounts 2013554,7 k €↑
2012
Annual accounts 20127,1 k €↑
2011
Annual accounts 2011-120,7 k €↓
2010
Annual accounts 20108 k €↓
2009
Annual accounts 2009145,2 k €↑
2008
Annual accounts 2008-143,3 k €↓
2007
Annual accounts 20072,9 k €
06/07/2005
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

SIBAVAR

Overview

What does SIBAVAR do?

Trend over 19 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